Global Index Mail May 21, 2026

Research evidence excerpt

Global Index Mail May 21, 2026

Pankaj Gupta, CFA AC Global Markets Strategy

(44-20) 7134-5483 21 May 2026 J P M O R G A N

pankaj.gupta2@jpmorgan.com

Greece regarding potential upgrade from Emerging Market to Developed Market. 3) The

consultation on a potential reclassification of Bulgaria from Standalone to Frontier

Market status will be extended to June 2026. 4) MSCI will continue to monitor the market

accessibility of the Bangladesh equity market.

• J.P. Morgan 2025 Global ETF Handbook : The 2025 J.P. Morgan ETF Handbook

provides a detailed overview of the ~$15 Tr global ETF market. The first part of the report

describes ETF markets in the Americas, Europe and Asia, and discusses new market

developments and trends in the industry. Topics discussed include actively managed

ETFs, option-based ETFs, cryptocurrency ETFs, the ETF/mutual fund dual-share-class

proposal, fixed income ETFs, levered ETFs, single stock ETFs, conversions, new

launches, fees, liquidity, ETF options, and investor flows. The second part of the report

provides a categorized listing of US ETFs (with AUM >$100Mn), grouped by asset class

and market segment. Additionally, you can access a comprehensive electronic database

of all ETFs trading worldwide here.

• The J.P. Morgan 2026 Global Index Handbook contains an overview of passive

indexation, special topic on trading index changes, a summary of index methodologies

employed by major index providers, as well as a detailed schedule of index rebalance

events in 2026 globally.

Please let us know if you have any feedback or questions.

Regards

Global Quantitative & Derivative Strategy

J.P. Morgan Securities LLC

This communication shall not constitute investment research, an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of,