What is the 'Dow Jones Global Titans 50 Index'

The Dow Jones Global Titans 50 Index is an index consisting of 50 of the largest multinational companies in the world. Today, S&P Global owns this index as well as the other Dow Jones indices. S&P selects companies for this index by calculating specific criteria such as each company's free-float market capitalization, sales and revenues, and net income levels.

The Global Titans 50 index launched in July of 1999. It reflects the impact of globalization on the world’s economy as well as the growth and influence of mergers and the development of mega-corporations in recent years.

The Dow Jones Global Titans 50 Index is one of many Dow Jones indices, each of which tracks different aspects of the economy. The original Dow Jones index specifically tracked industrial companies, since they were the major drivers of the economy when the index made its debut. The global titans index reflects the shift in the global economy toward technology and services. It still includes manufacturing companies such as makers of autos and beverages and software, but also incorporates makers of software and various service providers. 

BREAKING DOWN 'Dow Jones Global Titans 50 Index'

The Dow Jones Global Titans 50 Index is reconstituted annually. S&P recalculates and re-weights the index quarterly to account for changes in the float of member stocks. S&P calculates and reports its value in both U.S. dollars and euros.

Each company listed in the index earns revenue both domestically and internationally. These blue chip companies trade individually on major exchanges around the world such as the New York Stock Exchange, the Tokyo Stock Exchange, the NASDAQ and the London Stock Exchange.

S&P chooses these companies from within the S&P BMI universe, which includes approximately 95% of developed and emerging markets by market capitalization. Because the companies in the Global Titans 50 Index are known for their size and stability, the earnings valuation of the index as a whole tends to be lower than major market averages such as the S&P 500. In June 2018, the index’s price return was $305.19

The Composition of the Index

Companies listed on the index operate within a wide variety of industries, including food and beverages, electronics, automobiles, pharmaceuticals and software.

Companies based in the U.S. dominate the index, including corporations such as McDonald’s, Wal-Mart, Philip Morris, General Electric, Johnson & Johnson and Exxon Mobil. American tech companies also rank on the index, including Apple, Microsoft, and Alphabet, the parent company of Google.

Toyota and Mitsubishi represent the only Japanese companies on the index.

Other notable companies include the Spanish bank Santander, the South Korea-based electronics company Samsung and the German industrial company Siemens.

  1. Broad-Based Index

    A broad-based index is designed to reflect the movement of the ...
  2. Dow Jones Wilshire Mid-Cap Index

    The Dow Jones Wilshire Mid-Cap Index is a market-capitalization ...
  3. Theoretical Dow Jones Index

    A method of calculating a Dow Jones index that assumes all index ...
  4. Dow Jones Wilshire Large-Cap Index

    The Dow Jones Wilshire Large-Cap Index was a market-capitalization-weighted ...
  5. Total Return Index

    Total return indexes include any dividends in the calculation ...
  6. Market Index

    A market index is a weighted average of a section of the stock ...
Related Articles
  1. Investing

    Why The Dow Matters

    Although the DJIA only includes 30 stocks, it can tell you a lot about the market as a whole.
  2. Trading

    Dow Theory and the Primary Trend

    WIth three Dow Jones indexes resolving their year-to-date ranges to the upside, the market appears to be headed for higher prices.
  3. Insights

    The Companies That Headline The S&P 500

    These companies are the creme de la creme of the S&P 500. Here's how they got there.
  4. Investing

    3 Index Funds with the Lowest Expense Ratios

    Learn about index mutual funds with the lowest expense ratios.
  5. Investing

    DIA vs. IWL: Comparing ETFs with the Largest U.S. Companies

    Find out how the SPDR Dow Jones Industrial Average ETF compares with the iShares Russell Top 200 as mega-cap exchange-traded funds.
  6. Trading

    Using index futures to predict the future

    Want to know whether the stock market will open up or down? Learn about index futures and how they can help predict how the market will trade.
  1. Who or what is Dow Jones?

    Dow Jones is one of the largest financial news companies in the world. It owns the Dow Jones Industrial Average and other ... Read Answer >>
  2. When can you trade the stocks in the Dow Jones Industrial Average (DJIA)?

    Find out when you can trade shares linked to the Dow Jones Industrial Average during NYSE and Nasdaq trading sessions. Read Answer >>
  3. What is the Dow Jones Industrial Average (DJIA) all-time high?

    Inching ever higher, the Dow Jones recorded new highs in May 2015. Since the index was first calculated in 1896, it has grown ... Read Answer >>
  4. What is the difference between the Dow and the Nasdaq?

    The Dow refers to the Dow Jones Industrial Average (DJIA) index, while the Nasdaq refers to the Nasdaq Composite Index. Read Answer >>
Trading Center