The S&P 500 index is a benchmark index that tracks the performance of the 500 largest companies listed on the New York Stock Exchange and NASDAQ. As of June 6, 2023, the index was dominated by technology companies, with Apple leading the pack with a market share of 6.7863%. In this article, we will take a closer look at the companies with the largest share in the S&P 500 index.
Top Companies with the Largest Share in S&P 500 Index
1. Apple (Technology) - 6.7863%
Apple is a global technology company that designs, develops, and sells consumer electronics, computer software, and online services.
2. Microsoft Corporation (Technology) - 5.96659%
Microsoft Corporation is a technology company that develops, licenses, and supports a range of software products, services, and devices.
3. Amazon (Consumer Discretionary) - 3.5622%
Amazon is a multinational technology company that specializes in e-commerce, cloud computing, digital streaming, and artificial intelligence.
4. Tesla (Industrials) - 2.17653%
Tesla is an American electric vehicle and clean energy company that designs, develops, manufactures, and sells electric cars, solar panels, and battery systems.
5. Alphabet Inc. (Technology) - 2.10961%
Alphabet Inc. is a multinational conglomerate that specializes in internet-related services and products, including online advertising technologies, search engines, and cloud computing.
6. Meta (Facebook) (Technology) - 1.963%
Meta (Facebook) is a social media company that operates a range of social networking platforms, including Facebook, Instagram, and WhatsApp.
7. Google Alphabet (Technology) - 1.95943%
Google Alphabet is a multinational technology company that specializes in internet-related services and products, including search engines, advertising technologies, and cloud computing.
8. NVIDIA (Technology) - 1.73222%
NVIDIA is a technology company that designs and manufactures graphics processing units (GPUs), system-on-a-chip units (SoCs), and other multimedia and communication processors.
9. Berkshire Hathaway (Financials) - 1.4769%
Berkshire Hathaway is an American multinational conglomerate that specializes in diversified investments, including insurance, retail, transport, and energy.
10. JPMorgan Chase (Financials) - 1.25033%
JPMorgan Chase is a multinational investment bank and financial services company that offers a range of banking, investment, and financial solutions to clients worldwide.
11. Johnson & Johnson (Healthcare) - 1.15229%
Johnson & Johnson is an American multinational corporation that specializes in medical devices, pharmaceuticals, and consumer health products.
12. UnitedHealth Group (Healthcare) - 1.10748%
UnitedHealth Group is a multinational health care company that offers a range of health care products and services, including insurance, pharmacy, and medical care.
The S&P 500 index is a widely used benchmark index that tracks the performance of the largest companies listed on the New York Stock Exchange and NASDAQ. As of June 6, 2023, technology companies dominated the index, with Apple, Microsoft, and Amazon leading the pack. Understanding the companies with the largest share in the S&P 500 can help investors make more informed investment decisions.
Table: Companies with the largest share in S&P 500
| Company | Sector | Market Share | |:-----------:|:----------------------------------:|:--------------:| | Apple | Technology | 6.7863% | | Microsoft | Technology | 5.96659% | | Amazon | Consumer Discretionary | 3.5622% | | Tesla | Industrials | 2.17653% | | Alphabet Inc| Technology | 2.10961% | | Meta(FB) | Technology | 1.963% | | Google | Technology | 1.95943% | | NVIDIA | Technology | 1.73222% | | Berkshire | Hathaway | 1.4769% | | JPMorgan | Chase | 1.25033% | | Johnson & J | Healthcare | 1.15229% | | UnitedHealt | Group | 1.10748% |