Connect with us

Markets

Visualizing Every Company on the S&P 500 Index

Published

on

Subscribe to the Advisor Channel free mailing list for more like this

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

This was originally posted on Advisor Channel. Sign up to the free mailing list to get beautiful visualizations on financial markets that help advisors and their clients.

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.

Click for Comments

Mining

Ranked: The World’s Top Diamond Mining Countries, by Carats and Value

Who are the leaders in rough diamond production and how much is their diamond output worth?

Published

on

A cropped chart showing the leaders in rough diamond mining and how much their diamond output is worth.

Ranked: World Diamond Mining By Country, Carat, and Value

Only 22 countries in the world engage in rough diamond production—also known as uncut, raw or natural diamonds—mining for them from deposits within their territories.

This chart, by Sam Parker illustrates the leaders in rough diamond production by weight and value. It uses data from Kimberly Process (an international certification organization) along with estimates by Dr. Ashok Damarupurshad, a precious metals and diamond specialist in South Africa.

Rough Diamond Production, By Weight

Russia takes the top spot as the world’s largest rough diamond producer, mining close to 42 million carats in 2022, well ahead of its peers.

ℹ️ Carat is the unit of measurement for the physical weight of diamonds. One carat equals 0.200 grams, which means it takes over 2,265 carats to equal 1 pound.

Russia’s large lead over second-place Botswana (24.8 million carats) and third-ranked Canada (16.2 million carats) indicates that the country’s diamond production is circumventing sanctions due to the difficulties in tracing a diamond’s origin.

Here’s a quick breakdown of rough diamond production in the world.

RankCountryRough Diamond
Production (Carats)
1🇷🇺 Russia41,923,910
2🇧🇼 Botswana24,752,967
3🇨🇦 Canada16,249,218
4🇨🇩 DRC9,908,998
5🇿🇦 South Africa9,660,233
6🇦🇴 Angola8,763,309
7🇿🇼 Zimbabwe4,461,450
8🇳🇦 Namibia2,054,227
9🇱🇸 Lesotho727,737
10🇸🇱 Sierra Leone688,970
11🇹🇿 Tanzania375,533
12🇧🇷 Brazil158,420
13🇬🇳 Guinea128,771
14🇨🇫 Central
African Republic
118,044
15🇬🇾 Guyana83,382
16🇬🇭 Ghana82,500
17🇱🇷 Liberia52,165
18🇨🇮 Cote D'Ivoire3,904
19🇨🇬 Republic of Congo3,534
20🇨🇲 Cameroon2,431
21🇻🇪 Venezuela1,665
22🇲🇱 Mali92
Total120,201,460

Note: South Africa’s figures are estimated.

As with most other resources, (oil, gold, uranium), rough diamond production is distributed unequally. The top 10 rough diamond producing countries by weight account for 99.2% of all rough diamonds mined in 2022.

Diamond Mining, by Country

However, higher carat mined doesn’t necessarily mean better value for the diamond. Other factors like the cut, color, and clarity also influence a diamond’s value.

Here’s a quick breakdown of diamond production by value (USD) in 2022.

RankCountryRough Diamond
Value (USD)
1🇧🇼 Botswana$4,975M
2🇷🇺 Russia$3,553M
3🇦🇴 Angola$1,965M
4🇨🇦 Canada$1,877M
5🇿🇦 South Africa$1,538M
6🇳🇦 Namibia$1,234M
7🇿🇼 Zimbabwe$424M
8🇱🇸 Lesotho$314M
9🇸🇱 Sierra Leone$143M
10🇹🇿 Tanzania$110M
11🇨🇩 DRC$65M
12🇧🇷 Brazil$30M
13🇱🇷 Liberia$18M
14🇨🇫 Central
African Republic
$15M
15🇬🇾 Guyana$14M
16🇬🇳 Guinea$6M
17🇬🇭 Ghana$3M
18🇨🇲 Cameroon$0.25M
19🇨🇬 Republic of Congo$0.20M
20🇨🇮 Cote D'Ivoire$0.16M
21🇻🇪 Venezuela$0.10M
22🇲🇱 Mali$0.06M
Total$16,290M

Note: South Africa’s figures are estimated. Furthermore, numbers have been rounded and may not sum to the total.

Thus, even though Botswana only produced 59% of Russia’s diamond weight in 2022, it had a trade value of nearly $5 billion, approximately 1.5 times higher than Russia’s for the same year.

Another example is Angola, which is ranked 6th in diamond production, but 3rd in diamond value.

Both countries (as well as South Africa, Canada, and Namibia) produce gem-quality rough diamonds versus countries like Russia and the DRC whose diamonds are produced mainly for industrial use.

Which Regions Produce the Most Diamonds in 2022?

Unsurprisingly, Africa is the largest rough diamond producing region, accounting for 51% of output by weight, and 66% by value.

RankRegionShare of Rough
Diamond Production (%)
Share of Rough
Diamond Value (%)
1Africa51.4%66.4%
2Europe34.9%32.9%
3North America13.5%52.8%
4South America0.2%2.4%

However diamond mining in Africa is a relatively recent phenomenon, fewer than 200 years old. Diamonds had been discovered—and prized—as far back as 2,000 years ago in India, later on spreading west to Egyptian pharaohs and the Roman Empire.

By the start of the 20th century, diamond production on a large scale took off: first in South Africa, and decades later in other African countries. In fact between 1889–1959, Africa produced 98% of the world’s diamonds.

And in the latter half of the 20th century, the term blood diamond evolved from diamonds mined in African conflict zones used to finance insurgency or crime.

Continue Reading

Subscribe

Popular