ELI5: Explain Like I'm 5

S&P 1500

Okay kiddo, have you heard of the S&P 500? It's a list of 500 big, important companies in the United States.
Well, the S&P 1500 is like a bigger version of that list. It's a list of 1500 companies, including the 500 from the S&P 500 list and 1000 more.

These companies are chosen because they are big and successful, and their stock prices are always changing.

People who buy and sell stocks use the S&P 1500 as a way to see how well the stock market is doing overall. They look at the list to see if the prices of the stocks are going up or down.

So basically, the S&P 1500 is a big list of important companies that people use to see how the stock market is doing.