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FTSE Russell is celebrating the 30th anniversary of one of its flagship UK indexes, the FTSE 250. Launched in 1992, following a consultation with the FTSE Advisory Committee, the FTSE 250 marked the start of a new era for market participants who wanted to benchmark their investments to mid-cap UK equities.
The market capitalisation of the companies included in the original FTSE 250 was just over £98 billion. Today, that figure now amounts to £384 billion and captures approximately 5.2% of the FTSE UK Index Series’ total market capitalisation.
To be a constituent of the FTSE 250 in 1996, the lowest market capitilisation was £41 million, today it stands at £386 million.
Between 1992 and 2022, the index has delivered a total annualised shareholder return of 10.3%. Additionally, if someone had invested £1000 in 1992 into a low-cost FTSE 250 index tracker, this would be worth £18,827 at the end of 2021 – a 1782.68% return.
The FTSE 250 is part of the FTSE UK Index Series, which also includes the FTSE 100 and FTSE All-Share indices. The FTSE UK Index Series is designed to represent the performance of eligible companies listed on London Stock Exchange, providing market participants with a comprehensive and complementary set of indices that measure the performance of all capital and industry segments of the UK equity market.
Arne Staal, CEO of FTSE Russell, said:
“The FTSE 250 Index has come a long way in 30 years — it is now a prominent member within FTSE Russell’s line-up of indexes. Robust in its ability to mirror a dynamic segment of "UK PLC," the index is trusted and used daily by the community of asset managers, asset owners, brokers and investment banks in the City and globally.”
Key FTSE 250 Stats:
- Return since launch: 1782.68%
- Largest daily return: 8.37% (24th March 2020)
- Smallest daily return: -9.28% (12th March 2020)
- Highest daily value traded: £8.32 billion (27 April 2021)
- Largest Market Cap gain of a 1996 constituent company to now: 2142.8%
- How many original 1996 FTSE 250 companies are now in the FTSE 100: 16
- First ETF launch: 26 March 2004 (iShares FTSE 250 UCITS ETF)
- FTSE Green Revenues: 44 companies in FTSE 250 have green revenues vs 25 in FTSE 100
- Greenest constituent: Impax Environmental Markets (100% green revenues)
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The FTSE 250 constituents of Aug 1996 – where they are now (Aug 2022): |
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|
|
|
|
|
FTSE 100 |
16 |
6.40% |
(Upgraded) |
|
FTSE 250 |
39 |
15.60% |
(Neutral) |
|
FTSE Small Cap |
12 |
4.80% |
(Downgraded) |
|
Other |
183 |
73.20% |
(Delisted, illegible, non-LSE listed ect) |
|
ICB Industry |
Aug-96 |
Aug-22 |
Difference |
|
Financials |
17.2% |
43.37% |
26.22% |
|
Real Estate |
4.8% |
9.75% |
4.93% |
|
Technology |
0.0% |
3.81% |
3.81% |
|
Energy |
1.5% |
2.49% |
1.01% |
|
Health Care |
3.1% |
2.82% |
-0.30% |
|
Consumer Staples |
4.6% |
3.41% |
-1.22% |
|
Telecommunications |
2.4% |
1.12% |
-1.32% |
|
Utilities |
6.5% |
1.88% |
-4.59% |
|
Basic Materials |
7.9% |
3.02% |
-4.90% |
|
Consumer Discretionary |
20.9% |
12.92% |
-7.97% |
|
Industrials |
31.1% |
15.41% |
-15.68% |
More information on the history of the FTSE 250 along with additional statistics can be found here.
