TSX:EDV 9 October 2025 - 28 January 2026

The FTSE 100 is the flagship stock index of the London Stock Exchange, tracking the 100 largest companies by market capitalization listed in the UK. Often called the “Footsie,” it serves as a barometer of British large-cap equities. The index is market-cap weighted, meaning each company’s influence on the index is proportional to its market valuetheguardian.com. In practical terms, bigger companies like Shell or HSBC move the FTSE 100 far more than smaller constituents. The FTSE 100 is maintained by FTSE Russell and is updated in real time during trading hours. It’s also a basis for countless investment products – from index funds and ETFs to futures contracts – giving investors a way to track or trade the overall London market easily. Importantly, the FTSE 100 is not a direct mirror of the UK economy – it’s a collection of global companies that just happen to be listed in Londontheguardian.com. Many have minimal revenue from the UK itself. For example, Antofagasta and Pershing Square Holdings are in the FTSE 100 despite having few domestic operationstheguardian.com. Even titans like Shell, the index’s largest company, derive less than 5% of profits from the UKtheguardian.com. In effect, the FTSE 100 reflects the fortunes