S&P 500 Sector Weightings; Tech Nears 26%

May 10, 2018 5:44 AM ETSPY, XLE, XLF, VOO, XLK, XLV, XLU, SH, SDS, IVV, SSO, XLP, XLI, SPXU, XLB, UPRO, SPXL, RSP, SPXS, VFINX, EPS, XTL, BXUB, SPLX, SPUU, BXUC, SFLA-OLD, SPDN, SPXE, SPXT, PPLC, SPXV, RYARX, SPXN, DMRL, RVRS, USMC4 Comments7 Likes
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Yesterday we published our monthly S&P 500 Sector Weightings report for clients. The report provides a detailed historical look at S&P 500 sector weightings, and it’s something clients find very useful. Below we show current S&P 500 sector weightings. Anything stands out?

Yes, at 25.78%, the Technology sector now makes up more than a quarter of the S&P 500. That’s a bigger slice of the pie than the smallest six sectors combined.

The Financial sector is the second-largest at 14.65%, followed by Health Care at 13.71%, and then Consumer Discretionary at 12.86%. There was a time relatively recently when Energy, Consumer Staples, and Industrials all had weightings above 10%, but at this point they’re all in the single digits.

Getting back to the Technology sector, below is a look at its historical weight in the S&P 500. At 25.78%, Tech’s weighting was only higher during a 10-month window from December 1999 to September 2000.

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Bespoke Investment Group provides some of the most original content and intuitive thinking on the Street. Founded by Paul Hickey and Justin Walters, formerly of Birinyi Associates and creators of the acclaimed TickerSense blog, Bespoke offers multiple products that allow anyone, from institutions to the most modest investor, to gain the data and knowledge necessary to make intelligent and profitable investment decisions. Along with running their Think B.I.G. finance blog, Bespoke provides timely investment ideas through its Bespoke Premium (http://bespokepremium.com/) subscription service and also manages money (http://bespokepremium.com/mm) for high net worth individuals. Visit: Bespoke Investment Group (http://bespokeinvest.com/)
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