What is the difference between the S&P 500 and the ASX?

Written by Editorial Team | Last Updated: August 2026

The S&P 500 is a major stock market index tracking 500 of the largest publicly traded corporations listed on stock exchanges in the United States, serving as a primary benchmark for the American economy. In contrast, the ASX (Australian Securities Exchange) is an entire national stock exchange marketplace based in Sydney where equities, derivatives, and bonds are traded, and it also publishes its own benchmark indices, such as the S&P/ASX 200. While the S&P 500 is an index measuring US market performance, the ASX is a physical and electronic marketplace hosting Australian and international company listings.

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