Weight of Top 10 Holdings in Each Country’s ETF

Weight of Top 10 Holdings in Each Country’s ETF Concerns about U.S. stock market concentration, especially among the top 10 stocks, have grown. However, a broader comparison with other major economies suggests that the U.S. market may not be as top-heavy as perceived. Image: Carson Investment Research

Contribution to Annual S&P 500 Return

Contribution to Annual S&P 500 Return The ten largest stocks in the S&P 500 have significantly influenced its performance in recent years, driving returns while raising important questions about the risks associated with market concentration. Image: Goldman Sachs Global Investment Research

Indexed Return

Indexed Return The Magnificent Seven have undeniably shaped the landscape of the S&P 500, contributing to its impressive performance this year while also introducing risks associated with market concentration. Image: Goldman Sachs Global Investment Research

S&P 500 Volatility

S&P 500 Volatility The concentration of large-cap stocks has significantly impacted market volatility, with these stocks accounting for a record share of it. Image: Goldman Sachs Global Investment Research

The Five Largest Stocks in the S&P 500

The Five Largest Stocks in the S&P 500 The concentration of the S&P 500 in the 5 largest stocks is higher than it was 60 years ago, which is considered a potential risk, as it may result in increased market volatility and a lack of diversification. Image: Bianco Research

Top 10 Stocks as % of S&P 500

Top 10 Stocks as % of S&P 500 In recent years, there has been a substantial rise in concentration among the top 10 companies in the S&P 500, which has raised concerns about potential risks to investors. Image: Goldman Sachs Global Investment Research

30 Largest Stocks as a Percentage of S&P 500 Market Capitalization

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

Stocks – Indexed Consensus NTM Net Income

Stocks – Indexed Consensus NTM Net Income The widening gap in expected net income between mega-cap tech stocks and the bottom 493 stocks of the S&P 500 highlights the concentration risk and volatility associated with the dominance of these tech stocks in the index. Image: Goldman Sachs Global Investment Research

Total Return Performance Since First Fed Hike in March 2022

Total Return Performance Since First Fed Hike in March 2022 There has been a significant concentration of equity market returns following the first Fed hike in March 2022. This concentration should be considered by investors when structuring their portfolios. Image: Goldman Sachs Global Investment Research

Top 5 Stocks % of S&P 500 Market Capitalization

Top 5 Stocks % of S&P 500 Market Capitalization Does the current concentration of the S&P 500 in the five largest stocks suggest a potential bull trap, particularly as it is more pronounced than during the dotcom bubble? Image: BofA Global Investment Strategy