NOTICE: As of 2/2/2026, Morningstar has completed the acquisition of the Center for Research in Security Prices (CRSP). Learn more >>

Lessons from the Markets

In this article from Chicago Booth Magazine, Mark Carhart, PhD ’95, reflects on his time at Booth, where his research on momentum investing helped shape modern finance and led to the creation of the CRSP Survivor-Bias-Free US Mutual Fund Database. He shares insights on market efficiency, the value of index investing, and his decision to give back through the Carhart Family Professorship Fund.

 

Read the full interview here.

Morningstar, a leading provider of independent investment insights, along with CME Group, the world's leading derivatives marketplace, today announced that they have entered into a multi-year licensing agreement for CME [...]
Per the Changes to Float Shares Investability Screen announcement on February 25, 2026, CRSP now includes a float-adjusted market capitalization test as part of the Float Shares Investability Screen for [...]
CRSP Market Indexes (CRSPMI) announces the market cap breakpoints and effective ranking dates for its June 2026 quarterly index rebalancing. [...]
VALLEY FORGE, PA (April 29, 2026)—Following Morningstar’s rebranding of the CRSP Market Indexes to Morningstar Indexes, Vanguard today announced upcoming changes to the names of multiple Vanguard U.S. equity index [...]
The rebrand of the CRSP indexes, with over $3 trillion in AUM benchmarked, solidifies Morningstar’s position as one of the top tier index providers and is an important new milestone [...]
Morningstar Indexes is changing the names of the CRSP Market Indexes. These changes will align the individual index names with the standard Morningstar naming convention. Morningstar will implement the name [...]
The April 2026 CRSP Market Indexes Methodology Guide is now available at crsp.org/indexes/crsp-market-indexes-methodology. [...]
Beginning July 1, 2026, governance of the CRSP Market Indexes will transition to the standard Morningstar Indexes Governance framework, replacing the governance authorities and procedures currently outlined in the CRSP [...]
As of July 1, 2026, CRSP will terminate the calculation and publication of the CRSP ISS ESG Indexes. [...]
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