S&P Dow Jones Indices Reveals Quarterly Rebalancing Update
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 22 2025
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S&P Index Changes: S&P Dow Jones Indices will implement changes to the S&P 100, S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective September 22, to better reflect market capitalization ranges.
Company Replacements: Uber Technologies will replace Charter Communications in the S&P 100, while several companies including AppLovin Corp. and Robinhood Markets will replace others in the S&P 500, and various adjustments will occur in the S&P MidCap 400 and S&P SmallCap 600 indices as well.
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About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








