Global Index Mail

Research evidence excerpt

Global Index Mail

Min Moon AC Global Markets Strategy

(1-212 ) 272-8456 23 July 2026 J P M O R G A N

min.k.moon@jpmorgan.com

of dual share-class ETFs, UCITS ETFs, levered and single-stock ETFs, thematic ETFs,

crypto ETFs, prediction market ETFs, target-maturity bond ETFs, new launches,

conversions, fees, issuer market shares, industry consolidation, ETF options, and

investor flows. The second part provides a categorized directory of US-listed

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

• FTSE Country Classification Review 2025:FTSE announced the results of the annual

review of country classification after the US market close on October 07, 2025.

Greece will be promoted to Developed Market status (DM) in conjunction with

the September 2026 semi-annual review. We estimate net passive outflow of

approximately $112.8 million from Greece. The estimated weight of Greece in the FTSE

DM All Cap Ex-US is expected to be around 0.27%, down from approximately 0.70%

in the FTSE EM All Cap Index. Vietnam will be promoted to Emerging Market status

(EM) in conjunction with the September 2026 semi-annual review subject to an

interim review in March 2026. We estimate 22 Vietnam stocks could be potentially

added to FTSE EM indices based on current market cap. The estimated passive inflow

could be around $1.3bn with an estimated weight of 0.34% in the FTSE Emerging Market

All Cap index.

• 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.