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Visualizing Every Company on the S&P 500 Index

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Bubble chart showing all of the S&P 500 companies in 2023, organized by sector and sized by their weighting in the index.

S&P 500 Companies: A Complete Visual Breakdown

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S&P 500 companies hold $7.1 trillion in assets, and account for close to 80% of available market capitalization on U.S. stock exchanges.

The index serves as a barometer for the U.S. stock market, covering the largest public U.S. companies by market capitalization. Often, it reflects investor sentiment and is considered an indicator for U.S. economic health.

As the S&P 500 enters a bull market after the longest downturn in decades, the above graphic shows the entire makeup of one of the world’s largest markets.

Top S&P 500 Companies, by Weight

Here are the 100 biggest S&P 500 companies by sector and weight, using data from Slickcharts. Data is as of May 5, 2023.

Rank,
by Weight
NameSectorWeight (%)
1Apple Info Tech7.46
2Microsoft Info Tech6.69
3Amazon.com Consumer Discretionary2.72
4NvidiaInfo Tech2.04
5Alphabet Inc. Class ACommunication Services1.82
6Berkshire Hathaway Financials1.69
7Alphabet Inc. Class CCommunication Services1.59
8Meta Platforms Communication Services1.50
9UnitedHealth GroupHealth Care1.34
10Tesla Consumer Discretionary1.32
11Exxon Mobil Energy1.29
12Johnson & JohnsonHealth Care1.23
13JPMorgan Chase Financials1.16
14VisaFinancials1.09
15Procter & GambleConsumer Staples1.06
16Eli Lilly Health Care0.98
17MastercardFinancials0.94
18Merck & Co.Health Care0.86
19Home DepotConsumer Discretionary0.85
20Chevron Energy0.82
21PepsiCo Consumer Staples0.77
22BroadcomInfo Tech0.76
23AbbVieHealth Care0.76
24Coca-ColaConsumer Staples0.72
25Costco Consumer Staples0.64
26McDonald'sConsumer Discretionary0.63
27Pfizer Health Care0.62
28Thermo Fisher Scientific Health Care0.62
29WalmartConsumer Staples0.62
30SalesforceInfo Tech0.57
31Abbott LaboratoriesHealth Care0.56
32Bank of America Financials0.56
33Cisco SystemsInfo Tech0.55
34Walt Disney CompanyCommunication Services0.53
35Linde plcMaterials0.52
36Comcast CorporationCommunication Services0.49
37Accenture Info Tech0.48
38AdobeInfo Tech0.46
39DanaherHealth Care0.46
40VerizonCommunication Services0.46
41NIKEConsumer Discretionary0.46
42Texas Instruments Info Tech0.43
43NextEra EnergyUtilities0.43
44Oracle Info Tech0.43
45Philip MorrisConsumer Staples0.43
46Bristol-Myers SquibbHealth Care0.42
47Advanced Micro DevicesInfo Tech0.42
48Wells FargoFinancials0.42
49NetflixCommunication Services0.42
50Raytheon TechnologiesIndustrials0.41
51Honeywell Industrials0.38
52United Parcel ServiceIndustrials0.37
53IntelInfo Tech0.37
54AmgenHealth Care0.37
55Lowe's Consumer Discretionary0.36
56StarbucksConsumer Discretionary0.36
57Union PacificIndustrials0.36
58ConocoPhillipsEnergy0.36
59AT&T Communication Services0.35
60QUALCOMMInfo Tech0.35
61Intuit Inc.Info Tech0.35
62Medtronic PlcHealth Care0.35
63Prologis Inc.Real Estate0.34
64S&P GlobalFinancials0.34
65CaterpillarIndustrials0.32
66International Business MachinesInfo Tech0.32
67BoeingIndustrials0.32
68Elevance HealthHealth Care0.32
69Morgan StanleyFinancials0.32
70Goldman Sachs GroupFinancials0.32
71General ElectricIndustrials0.32
72Intuitive SurgicalHealth Care0.31
73Mondelez InternationalConsumer Staples0.31
74Lockheed MartinIndustrials0.30
75Deere & CompanyIndustrials0.30
76Booking HoldingsConsumer Discretionary0.29
77Gilead SciencesHealth Care0.29
78Applied MaterialsInfo Tech0.28
79BlackRockFinancials0.28
80StrykerHealth Care0.28
81Analog DevicesInfo Tech0.27
82American TowerReal Estate0.26
83American ExpressFinancials0.26
84CVS HealthHealth Care0.26
85TJX CompaniesConsumer Discretionary0.26
86CitigroupFinancials0.26
87Vertex PharmaceuticalsHealth Care0.26
88Automatic Data ProcessingIndustrials0.26
89Marsh & McLennan CompaniesFinancials0.26
90ServiceNowInfo Tech0.26
91ZoetisHealth Care0.25
92T-MobileCommunication Services0.25
93PayPalFinancials0.25
94Altria GroupConsumer Staples0.24
95ChubbFinancials0.24
96Regeneron PharmaceuticalsHealth Care0.24
97Southern CompanyUtilities0.24
98CignaHealth Care0.23
99Duke EnergyUtilities0.22
100FiservFinancials0.22

Over the last decade, big tech names have dominated the index.

The tech sector makes up over 26%, with Apple, Microsoft, and Nvidia as the top S&P 500 companies by market capitalization. Despite interest rates climbing at warp speed, a select number of big tech names have maintained, or even expanded their influence on the index over the last year.

In many cases, investor demand for AI-related stocks has fueled these increases.

Amazon is the third-largest company in the index. While shares tumbled in 2022 amid slowing sales, they have since rebounded by about 46% this year. Like Amazon, consumer discretionary firm Tesla has seen a strong reversal as the index’s 10th biggest stock by weight.

In the financial sector, Berkshire Hathaway has the highest weight (1.7%) while UnitedHealth Group (1.3%) is the top in health care. The health conglomerate even towers above JP Morgan Chase, the biggest bank in America.

S&P 500 Sectors and the Market Cycle

Below, we show the 11 sectors in the S&P 500, organized by weight and their typical performance over the business cycle:

  • Cyclical: Rise and fall with the market cycle, often correlated to expansions or contractions
  • Defensive: Typically are negatively correlated to the market cycle, with more stable earnings and dividends
SectorWeightType
Information Technology26.1%Cyclical
Health Care14.5%Defensive
Financials12.9%Cyclical
Consumer Discretionary9.9%Cyclical
Industrials8.6%Cyclical
Communication Services8.2%Cyclical
Consumer Staples7.4%Defensive
Energy4.5%Defensive
Utilities2.9%Defensive
Materials2.6%Cyclical
Real Estate2.5%Cyclical

Numbers may not total 100 due to rounding.

Information technology, health care, and financials have the highest share in the S&P 500. Together, they cover over half the index.

S&P 500 Companies: Mixed Signals in 2023

In many ways there are two major themes playing out this year so far for U.S. equities, which is the best-performing asset class year to date.

First is that seven big tech companies—Apple, Microsoft, Nvidia, Google, Tesla, Meta, and Amazon—are driving virtually all of the index’s gains. These companies have seen double or triple-digit returns this year so far. As of May 31, tech sector ETFs saw $8 billion in inflows to date, the highest across any sector.

Secondly, the energy and health care sectors have seen the highest outflows, at $9 billion and $4 billion, respectively.

Even with interest rates hitting 15-year highs, extreme greed is in the market, based on the Fear and Greed Index. This may signal higher risk in the S&P 500, since a hit to these few companies with high weightings could significantly affect the broader index.

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The Top 10 States by Real GDP Growth in 2023

This graphic shows the states with the highest real GDP growth rate in 2023, largely propelled by the oil and gas boom.

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The Top 10 States by Real GDP Growth in 2023

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Fueled by strong consumer spending and a resilient job market, the U.S. economy expanded faster than expected in 2023, with a real GDP growth rate of 2.5%.

Oil-rich states were among the strongest performers in the country as production boomed. Much of this was due to the war in Ukraine driving up the price of oil, spurring companies to boost output. Other sectors, such as retail trade, also played a key role in driving growth amid robust consumer demand.

This graphic shows the fastest growing states by real GDP, based on data from the Bureau of Economic Analysis.

 

 

Strongest State Economies in 2023

As the world’s largest oil producer, the U.S. hit a historic 12.9 million barrels per day in crude oil production in 2023—more than any other country ever.

Given these tailwinds, the top five fastest-growing states by real GDP in 2023 were all powered by the mining, quarrying, and oil and gas extraction sector. Below, we show the strongest state economies by real GDP growth last year:

RankStateReal GDP Growth
2023 YoY
Real GDP 2023
1North Dakota+5.9%$58B
2Texas+5.7%$2.0T
3Wyoming+5.4%$39B
4Alaska+5.3%$53B
5Oklahoma+5.3%$202B
6Nebraska+5.2%$144B
7Florida+5.0%$1.3T
8Washington+4.8%$672B
9West Virginia+4.7%$80B
10Kansas+4.3%$182B
U.S.+2.5%$22.4T

North Dakota witnessed the highest growth, with real GDP rising by 5.9%.

As the third largest oil-producing state, it also has one of the strongest job markets in the country. In February 2024, the state’s unemployment rate was 2.0%, significantly lower than the national average of 3.9%.

Falling in second is Texas, whose economy surged to $2 trillion in inflation-adjusted terms. In 2023, the oil and gas industry generated about $72 million per day in local and state taxes in addition to state royalties. Roughly half of U.S. crude oil exports are shipped from Corpus Christi Bay, a port along the Texas coastline.

As the seventh-fastest growing state, Florida’s economy was largely supported by retail trade, its biggest driver. Moreover, Florida boasted the highest growth rates nationwide in both personal and property income, rising at 7.0% and 8.8%, respectively, over the year.

By contrast, some of the slowest growing states were Delaware, Mississippi, and New York, each with a real GDP growth rate falling below 1%.

 

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