We have reached a major milestone in our integration of the Center for Research in Security Prices (CRSP) following Morningstar’s acquisition of CRSP in February.
On April 29, 2026, Morningstar announced the upcoming rebrand of the CRSP Market Indexes, further advancing the integration of these capabilities into the Morningstar Indexes platform. Beginning July 28, 2026, the CRSP Market Indexes, which are tracked by more than $3 trillion in AUM, will be renamed the Morningstar Market Indexes. Rebranding the indexes under the Morningstar name enhances clarity and consistency for clients, while preserving the academic rigor, transparency, and methodological integrity that investors have long relied on.
This milestone marks a meaningful step forward for Morningstar Indexes. The CRSP Market Indexes significantly expand our scale and reach, while CRSP’s research data further strengthens our equity research capabilities. This is also an important development for our global business growth as we extend the reach of the innovative index methodologies and comprehensive, high-quality US equity market data acquired through CRSP across a growing global client base.
In addition, Vanguard announced that the names of their mutual funds and ETFs benchmarked to these indexes—including the world’s largest mutual fund—will also include the Morningstar brand.
Kunal Kapoor referenced the rebrand in Morningstar’s Q1 earnings shareholder letter, framing its strategic importance within the firm’s long-term growth and the continued evolution of the Morningstar Indexes business. For additional perspective on how this integration fits into Morningstar’s broader strategy, we encourage you to review the letter.
We are proud of this progress and of our continued partnership with Vanguard in delivering high quality, cost efficient, and transparent index-based strategies at scale.
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