What are the best benchmark indexes for auto industry stocks?

Other useful benchmark indexes that are not solely focused on the automotive industry but that include a significant percentage of auto industry stocks are the S&P Consumer Discretionary Select Sector Index and the Dow Jones U.S. Consumer Goods Index.

Which equities are included in the automotive & components index?

All of the equities contained in the index are classified as being within the Automobiles and Components industry group within the larger consumer discretionary sector. The index includes Toyota, Ford, Daimler, and major auto parts suppliers Bridgestone and Johnson Controls.

What is the OMX Global Auto Index?

The Nasdaq OMX Global Auto Index uses a specific market capitalization weighting methodology to more accurately mirror the performance of the largest and most widely traded automotive manufacturing firms. This benchmark is the basis for one of the major auto industry exchange-traded funds (ETFs), the First Trust Nasdaq Global Auto Index Fund.