COIN — S&P 500 index addition

Coinbase Global (COIN) entered the S&P 500 at the close on May 19, 2025, replacing Discover Financial Services. The recorded announcement came 7 calendar days before the effective close, on May 12, 2025. The company is classified in Financials in this dataset. The same ticker also appears in the tracked Nasdaq-100 addition register. That record alone does not establish a transfer between indexes.

In the 30 calendar days leading into the effective close, COIN moved +28.8%. The median 30-day run-up among the 25 S&P 500 entries with a recorded announcement and prices for that interval was +16.9%; this stock was 11.9 percentage points above that median. Measured from the effective close, COIN returned 1W: -2.3% versus +0.3% for the 28-entry index median; 1M: -5.3% versus +2.2% for the 28-entry index median; 3M: +17.4% versus +5.2% for the 28-entry index median; 1Y: +28.8% versus +11.6% for the 24-entry index median. These figures do not measure movement from the announcement price.

At 1M, it ranks 18th of 28 measured S&P 500 additions and lagged the benchmark by 10.4 percentage points. At 3M, it ranks 8th of 28 measured S&P 500 additions and beat the benchmark by 6.8 percentage points. At 1Y, it ranks 5th of 24 measured S&P 500 additions and beat the benchmark by 3.9 percentage points. The other 6 Financials additions with a measured 1M return averaged +1.5%. This is historical context, not a projection.