Indexing: theory & history

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The Indexing: theory & history article summarizes some of the background of indexing.

Theory

History

  • 08/17/1989 Vanguard Small-Cap Index Fund was created by converting Naess & Thomas Special Fund into an index fund based on the Russell 2000 Index.
  • 1996: WEBS international ETFs launched (later to evolve into iShares)