Sector Composition of SPX

  • Long run (1974-2020) chart of sector composition of the S&P 500 index.
  • Energy is just 3% of the S&P down from 26% in 1980s.
  • Financials have also shrunk from 22% to 11%.
  • Interestingly IT is now 25% from 33% at the peak.
  • However, we need to add Communication Services (10% today) – which puts it above peak.
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