Stats Concentration and breadth Index concentration

Ten companies hold 38.5% of the S&P 500

38.5% top 10 weight

The ten largest constituents hold 38.5% of the S&P 500's market capitalisation. The remaining 493 hold 61.5%. Source: S&P Dow Jones Indices factsheet, 30 April 2026.

The S&P 500 weights its five hundred American companies by market value, so the largest carry the index. The ten biggest now hold 38.5% of it, against about nineteen percent in 1990. An index fund is a far narrower holding than the name suggests.

38.5%Top ten weight
about 19%The same in 1990
33.4%Magnificent 7 weight
-1.96 pointsMag 7 in 1H 2026

Members only

The rest of this page is for members

Below this point there are 8 sections, 2 charts, 1 table and 6 named sources, roughly 900 words of it. Every figure carries the source it came from and the date the data is from.

You can keep browsing every statistic in the library for free. The intro and the summary are always open.