The S&P World Commodity Index (WCI) can be considered a complement to the S&P GSCI, widely recognized as the leading measure of commodity price movements and inflation in the world economy, as the index provides non-United States commodity exposure in comparison to the U.S. focused S&P GSCI. The S&P WCI is a prime example of S&P Indices’ commitment to extending its reach beyond equity indices and into alternative areas of the global market. The S&P WCI is a rules-based, world production-weighted commodity index. It is designed as a tradable index, readily accessible to global market participants.

Only listed commodity futures contracts that trade outside of the United States are included in the index. There is also no restriction on the currencies in which the eligible contracts are traded.

S&P Indices created and designed the S&P WCI to meet market demand for a benchmark that would complement the U.S. focused S&P GSCI and provide all-world commodity exposure.

S&P Indices’ goal is to provide an index that will offer greater transparency, insight, and access into non-U.S. commodities markets. A need has developed in the industry for a relevant benchmark of this kind. S&P Indices is meeting this need and helping to fill in a gap in client portfolios and strategies.