You might be shocked by how many stocks are in -2-
But the S&P 500 is weighted by market capitalization, meaning the stocks of larger companies have more influence on the index's price than companies with smaller market caps. The index's weightings are highly concentrated at the top, with Nvidia (NVDA) alone making up 8.4% of the State Street SPDR S&P 500 ETF Trust SPY, which tracks the index by holding all of its stocks. The top 10 holdings of the ETF (including two common-share classes of Alphabet (GOOGL) (GOOG)) make up more than 40% of the portfolio.
Don't miss: Tax-free bond yields are in a sweet spot. Get in before it's too late.
-Philip van Doorn -Joseph Adinolfi
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09-29-26 1225ET
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