Les CFD sont des instruments complexes et présentent un risque élevé de perte rapide en capital en raison de l’effet de levier. 75.5% des comptes d’investisseurs particuliers perdent de l’argent lorsqu’ils investissent sur les CFD. Vous devez vous assurer que vous comprenez le fonctionnement des CFD et que vous pouvez vous permettre de prendre le risque élevé de perdre votre argent.

US 500 (S&P 500) Explained: Composition, Weighting, and Historical Performance

Pepperstone
Market Analyst
4 avr. 2024
Delve into the intricacies of the US 500, exploring its composition, weighting system, selection process, and historical performance, making it an essential resource for investors seeking to understand this critical market benchmark.

US 500

The US 500 (also known as SPX500, US SPX 500 or SP500) – more commonly known as the S&P 500, or the Standard and Poor’s 500 – tracks the performance of the 500 largest companies listed on the NYSE, Nasdaq and BZX exchanges. In short, the index tracks the performance of the biggest US companies. The index is, perhaps, the most important and most followed in the world, given that it includes around 80% of the total market cap of publicly listed US companies.

Weighting and Composition

The index is a market capitalisation weighted index, meaning that the larger a company’s market cap, the greater the weight that it has in the index. As of the start of 2024, the 10 largest stocks in the index comprise around a third of the index’s total weight.

Components of the US 500 are not selected by any strict rules-based system, and instead are decided by a committee at S&P Dow Jones Indices. Typically, however, new additions to the index are considered based on their market cap, trading volume, the exchange upon which they are listed, and the country in which the stock in question has its primary listing. The index is typically rebalanced on a quarterly basis, after market close on the third Friday in March, June, September, and December each year.

Historical Performance

Historically, the US 500 has tended to perform well on an annual basis, as the below shows. Of course, past performance is no guarantee of future results.

Gaining Exposure to the S&P 500

The S&P 500 is a stock market index, not a directly investable asset. However, you can still participate in its performance through various investment options. These include:

  • Mutual funds and ETFs: These track the S&P 500, offering a diversified way to invest in the U.S. stock market.
  • CFDs (contracts for difference): These are financial instruments used for trading, allowing speculation on the price movements of the S&P 500.

Important Note: CFDs are complex instruments and carry a high risk of losing money quickly due to leverage. Make sure you understand how CFDs work and can afford to take the high risk involved before trading them.

Preview

By weighting, the biggest 50 stocks in the index are as follows:

PositionStockTickerWeighting as of dd/mm/yyyy
1Microsoft CorpMSFT7.12%
2Apple Inc.AAPL6.23%
3Nvidia CorpNVDA4.55%
4Amazon.com IncAMZN3.72%
5Meta Platforms, Inc. Class AMETA2.51%
6Alphabet Inc. Class AGOOGL1.99%
7Berkshire Hathaway Class BBRK.B1.77%
8Alphabet Inc. Class CGOOG1.69%
9Eli Lilly & Co.LLY1.43%
10Broadcom Inc.AVGO1.33%
11Jpmorgan Chase & Co.JPM1.24%
12Tesla, Inc.TSLA1.24%
13Unitedhealth Group IncorporatedUNH1.14%
14Visa Inc.V1.06%
15Exxon Mobil CorporationXOM0.97%
16Mastercard IncorporatedMA0.92%
17Johnson & JohnsonJNJ0.91%
18Procter & Gamble CompanyPG0.89%
19Home Depot, Inc.HD0.87%
20Merck & Co., Inc.MRK0.77%
21Costco Wholesale CorpCOST0.76%
22Abbvie Inc.ABBV0.73%
23Advanced Micro DevicesAMD0.67%
24Salesforce, Inc.CRM0.67%
25Chevron CorporationCVX0.63%
26Netflix IncNFLX0.60%
27Adobe Inc.ADBE0.59%
28Walmart Inc.WMT0.59%
29Coca-Cola CompanyKO0.56%
30Accenture PlcACN0.55%
31Bank of America CorporationBAC0.55%
32Pepsico, Inc.PEP0.54%
33Thermo Fisher Scientific, Inc.TMO0.51%
34Linde PlcLIN0.51%
35Mcdonald's CorporationMCD0.50%
36Abbott LaboratoriesABT0.48%
37Cisco Systems, Inc.CSCO0.46%
38The Walt Disney CompanyDIS0.46%
39Wells Fargo & Co.WFC0.46%
40Intuit IncINTU0.43%
41Intel CorpINTC0.42%
42Oracle CorpORCL0.42%
43Qualcomm IncQCOM0.40%
44Verizon CommunicationsVZ0.40%
45International Business Machines CorporationIBM0.40%
46Comcast CorpCMCSA0.39%
47Danaher CorporationDHR0.39%
48General Electric CompanyGE0.39%
49Caterpillar Inc.CAT0.39%
50Applied Materials IncAMAT0.39%

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