As the decline in the US dollar and the relative weakness of the US economy are expected to continue, interest in international stocks continues to increase. This has also attracted investors to US companies that generate a significant portion of their revenues outside the US. This enables investors to gain international exposure without the hassles associated with investing in international companies. We recently created the Bespoke International Revenues Index to track S&P 500 stocks that generate more than half of their revenues from outside of the US. Below we highlight the performance of this Index from March 2005 through July 2007. As shown, the Index has outperformed the S&P 500 and the S&P 500 Equal Weight indices handily over this time period.
We have also created the Bespoke International Revenues database (sample pdf) that contains the percentage of international revenues for each stock in the S&P 500 and Russell 1,000 for the last three years. This information is not readily available and must be obtained by analyzing each company's annual reports. We have collected all of this information, however, and organized it into one file for easy analysis. If you're looking for the stocks that make up the Bespoke International Revenues Index or would like to have the revenue data to analyze for yourself, you can purchase the database immediately. Simply email email@example.com or call 914-315-1248 for pricing and more information.