Index change event
S&P 500 & SmallCap 600 Additions & Index Changes: FDXF, DAVE & EPAM – 27th May 2026
On 27 May 2026, S&P Dow Jones Indices announced 6 index changes affecting 5 companies in the S&P 500 and S&P SmallCap 600. The most notable move was FedEx Freight joining the S&P 500.
Announced
2026-05-27
Effective
May 31, 2026 at 5:00:00 PM
Indexes Affected
S&P 500, S&P SmallCap 600
6
Index Changes in Total
3
Additions
3
Deletions
1
Companies that changed index
What happened to the prices
By the next day's close, the 2 additions with price data had peaked at an average of +20.58%, against +0.33% for the 2 deletions. The largest mover was FedEx Freight, with a peak of +32.45%. The moves are measured from the first extended-hours price after the announcement, except for 2 names with no recorded trade after 17:15 ET, measured from the 16:00 ET close.
No name moved against its group: every addition with price data opened the next day above the post-announcement price and every deletion with price data opened below it.
In Short
6 index changes: 3 additions and 3 deletions.
1 company moved from one S&P index to another, out of 5 in total.
Largest peak move: FedEx Freight, +32.45% by the next day's close.
The changes, index by index
An empty cell means the company was not in the S&P family before, or left it.
S&P 500 Additions: FedEx Freight (FDXF)
1 company joined the S&P 500 and 1 left, effective 1 and 2 June 2026. FedEx Freight is new to the S&P family and EPAM Systems moved down to the S&P SmallCap 600. FedEx Freight peaked at +32.45% by the next day's close.
Company | Ticker | Source Index | Final Index | Effective Date |
|---|---|---|---|---|
FedEx Freight | FDXF | S&P 500 | 06/01/2026 |
Company | Ticker | Source Index | Final Index | Effective Date |
|---|---|---|---|---|
S&P SmallCap 600 Additions: Dave (DAVE) and EPAM Systems (EPAM)
2 companies joined the S&P SmallCap 600 and 2 left, effective 1 and 2 June 2026. EPAM Systems moved down from the S&P 500; Dave is new to the S&P family; American Woodmark and ShutterStock left the S&P family. The 2 additions with price data peaked at an average of +4.54% by the next day's close, led by Dave at +8.71%.
Company | Ticker | Source Index | Final Index | Effective Date |
|---|---|---|---|---|
Dave | DAVE | S&P SmallCap 600 | 06/01/2026 | |
EPAM Systems | EPAM | S&P 500 | S&P SmallCap 600 | 06/02/2026 |
Company | Ticker | Source Index | Final Index | Effective Date |
|---|---|---|---|---|
Price reaction
The close price is the last price before the announcement. Percentages are measured from the open price after the announcement, or from the close for a company with no price after it.
S&P 500 Additions Changes
Company | Ticker | Source Index | Final Index | Close Price | Open Price at Announcement | % Change +5 min | % Change +30 min | % Change at 20:00 Hrs | % Change by Next Day Open | % Highest Change by Next Day Close |
|---|---|---|---|---|---|---|---|---|---|---|
FedEx Freight | FDXF | S&P 500 | 151.00 | +4.70% | +32.45% |
S&P MidCap 400 Additions Changes
Company | Ticker | Source Index | Final Index | Close Price | Open Price at Announcement | % Change +5 min | % Change +30 min | % Change at 20:00 Hrs | % Change by Next Day Open | % Highest Change by Next Day Close |
|---|---|---|---|---|---|---|---|---|---|---|
S&P SmallCap 600 Additions Changes
Not a Investment Advice
Company | Ticker | Source Index | Final Index | Close Price | Open Price at Announcement | % Change +5 min | % Change +30 min | % Change at 20:00 Hrs | % Change by Next Day Open | % Highest Change by Next Day Close |
|---|---|---|---|---|---|---|---|---|---|---|
Dave | DAVE | S&P SmallCap 600 | 256.26 | 259.94 | +1.37% | +2.72% | +1.97% | +2.56% | +8.71% | |
EPAM Systems | EPAM | S&P 500 | S&P SmallCap 600 | 101.68 | 102.62 | -1.10% | -1.09% | -3.04% | -2.59% | +0.36% |
Not a Investment Advice
This page is research about past price behaviour. It is not a recommendation to buy or sell.