Magnificent Seven Weighting in the S&P 500 Index The Magnificent Seven’s dominance wanes as market broadens, with investors exploring opportunities beyond these tech giants, signaling a potential shift towards a more diversified investment landscape. Image: Morgan Stanley Wealth Management
Market Capitalization of Six Largest Companies as Share of S&P 500 Total With the six largest companies accounting for 29% of the S&P 500’s total market capitalization, discussions about diversification have become increasingly relevant. A well-diversified portfolio is vital for effective risk management. Image: Goldman Sachs Global Investment Research
Short Interest as % of Market Capitalization S&P 500 Median The median short interest in the S&P 500 has fallen to 1.8%, a relatively low figure suggesting that market participants are largely optimistic or, at least, not significantly bearish regarding its future performance. Image: Goldman Sachs Global Investment Research
Median S&P 500 Stock Short Interest as % of Market Capitalization The S&P 500’s median short interest level is low at 1.8%, suggesting that market participants are largely optimistic or, at least, not significantly bearish regarding its future performance. Image: Goldman Sachs Global Investment Research
Global Market Capitalization of All Equities With around 65% of the total global equity market capitalization, the United States currently maintains a significant dominance, reaching an all-time high. Image: BofA Global Investment Strategy
Europe’s GRANOLAS Stocks and Market Capitalization While Europe may not have the Magnificent Seven, it does have the GRANOLAS, which represents Glaxosmithkline, Roche, ASML, Nestle, Novartis, Novo Nordisk, L’Oreal, LVMH, Astrazeneca, SAP, and Sanofi. Image: Alpine Macro
Market Capitalization of the Largest Stock Relative to the 75th Percentile Stock Over the past century, episodes of extreme stock market concentration have frequently resulted in heightened volatility and market corrections. Image: Goldman Sachs Global Investment Research
Market Capitalization History indicates that betting against America has never been a wise choice. Should investors expect the U.S. equity market to continue outperforming its European and Asian counterparts? Image: Goldman Sachs Global Investment Research
Sector Composition of the S&P 500 by Equity Capitalization The market capitalization of sectors within the S&P 500 reflects the market’s changing landscape, driven by economic conditions and investor sentiment, leading to fluctuations in sector performance over time. Image: Goldman Sachs Global Investment Research
30 Largest Stocks as a Percentage of S&P 500 Market Capitalization The 30 largest stocks account for 53% of the S&P 500’s total market capitalization, raising concerns about the index’s concentration and potential risks. Image: Morgan Stanley Wealth Management