Looking inside the SPX Sectors
I have been tracking the 11 SPX sectors as it gives me a good idea of the overall market and of course about which sectors are doing well and which are not. However, the components (company stocks) that comprise these sectors are important to know as well.
So, here is the list of company stocks that actually make up the individual SPX sectors.
Some key observations:
Microsoft and Apple are 47% of the Technology sector. I also learned that these 2 stocks are 13% of the overall S&P 500. Certainly not a true reflection of the sector or the markets.
Meta and Alphabet are included in the Communications XLC sector and are 46% of the sector. The sector does have some interesting components that can make one do a bit of head scratching.
Even more head scratching is that Amazon and Tesla are included in the Consumer Discretionary XLY sector and is 40% of the sector.
Technology XLK: Microsoft and Apple are about 47% of the ETF. The Top 10 makes up almost 70% of the ETF.
Communications XLC: Meta and Alphabet is about 46% of the ETF. The Top 10 makes up about 77% of the ETF.
Financials XLF: The Top 10 is about 54% of the ETF.
Energy XLE: Exxon Mobil and Chevron makes up 43% of the ETF. The Top 10 makes up about 75% of the ETF.
Consumer Staples XLP: The Top 10 stocks make up about 66% of the ETF.
Consumer Discretionary XLY: Amazon and Tesla make up over 40% of the ETF. The Top 10 make up about 74% of the ETF.
Healthcare XLV: The Top 10 make up about 52% of the ETF.
Utilities XLU: The Top 10 make up about 58% of the ETF.
Industrials XLI: The Top 10 make up about 39% of the ETF.
Materials XLB: The Top 10 make up about 63% of the ETF.
Real Estate XLRE: The Top 10 make up about 62% of the ETF.
