Dow Jones has announced changes for four index series in the Dow Jones Titans family. Indexes affected by the changes are the Dow Jones Global Titans 50, Dow Jones Sector Titans, Dow Jones Asian Titans 50, and the Dow Jones Asian Titans 50 (ex Japan).

The Dow Jones Titans track stocks of the largest multinational companies on the globe. The fundamental factors used to select components for these indexes will be reduced to 2 from 4. The weight of float-adjusted market capitalization in the component selection process will be increased from 50% to 60% while the two fundamental factors account for 20% each.

The fundamental factors used to select the components of the four Dow Jones Titans indexes will be sales/revenue and net income, which will account for a total of 20% each. Assets and shareholder equity will no longer be factors in the selection process. The changes will be effective June 24 with the next annual Titans index review.