S&P 500 Sector Weightings; Tech Drops While Energy and Health Care Gain

Hickey and Walters (Bespoke) submit: Since eclipsing the Financial sector in 2008, Technology has remained on top as the biggest sector in the S&P 500. Technology's weighting in the S&P 500 has increased steadily over the past two years to its current level of 19%. This is its biggest weighting since 2000 when the Internet Bubble hit its peak.

Hickey and Walters (Bespoke) submit: Below we take a look at historical and current sector weightings of the S&P 500. Technology is currently the biggest sector in the index at 18.9%, and it has been the biggest since it overtook the Financial sector early on in the financial crisis. There has been quite a bit of movement in sector weightings in recent years.

Hickey and Walters (Bespoke) submit: There have been some pretty big shifts in S&P 500 sector weightings since the index hit its bull market high on April 29th. Below we highlight where the weightings stood on 4/29 as well as where they stand now.

By Richard Shaw (QVM Group): This table shows the best and worst three-month, one-year and three-year total return, the trailing yield, and the standard deviation, mean return and Sharpe Ratio for three years, five years and 10 years for ETFs that are proxies for the S&P 500 and nine sectors.

By Richard Shaw (QVM Group): Information technology is the last sector that many to most investors would think of as the backbone of S&P 500 dividends.

Hickey and Walters (Bespoke) submit: The S&P 500 is currently just above its 50-day moving average, but less than 50% of the stocks in the index are above their 50-day moving averages. The reading is currently at 49%.

Hickey and Walters (Bespoke) submit: As we come to the end of the first half of the year, below we take a look at S&P 500 sector performance so far in 2010. At this point, no sector is up year to date. The S&P 500 as a whole is down 6.17%, while the Materials sector is down the most at -12.22% and the Consumer Discretionary sector is down the least at -0.31%.

Hickey and Walters (Bespoke) submit: Earlier we noted how S&P 500 stocks were doing on their report days. Below we break down 1-day average performance on earnings report days for stocks in each sector.