Equity Market Concentration - Market Capitalization of 10 Largest Companies as Share of S&P 500 Total

The S&P 500 is increasingly top-heavy: its 10 largest stocks make up 39% of the index and 37% of its earnings, leaving the benchmark more exposed to a small group of companies.

Image: Goldman Sachs Global Investment Research

Equity Market Concentration - Market Capitalization of 10 Largest Companies as Share of S&P 500 Total