S&P 500 or S&P 500 Information Technology? Returns Compared
The two indices share 39.1% of their weight across 72 companies, and their daily returns correlate at 0.89. Partly the same companies at noticeably different weights — the second index shifts the emphasis rather than doubling up.
Side by Side
| S&P 500 | S&P 500 Information Technology | |
|---|---|---|
| Holdings covered | 474 | 72 |
| Volatility | 16.5% | 26.9% |
| Max drawdown | -19.0% | -25.8% |
| Cheapest ETF we cover | SPYL · 0.03% | QDVE · 0.15% |
The Largest Shared Positions
| Company | S&P 500 | S&P 500 Information Technology |
|---|---|---|
| NVIDIA Corporation | 8.14% | 20.69% |
| Apple Inc. | 7.44% | 18.63% |
| Microsoft Corporation | 5.73% | 14.63% |
| Broadcom Inc. | 2.51% | 6.41% |
| Micron Technology Inc. | 1.83% | 4.66% |
| Advanced Micro Devices Inc. | 1.54% | 3.93% |
| Intel Corp. | 0.91% | 2.33% |
| Palantir Technologies Inc. Class A | 0.65% | 1.67% |
| Cisco Systems Inc. | 0.63% | 1.60% |
| Lam Research Corporation | 0.59% | 1.51% |
Overlap and shared positions are computed from the holdings of one representative ETF each (SXR8 and QDVE); of those we could attribute 97.5% and 99.5% of fund weight to individual companies, so real overlap is likely a little higher. The correlation covers 540 shared trading days.
The Largest Single Holdings
S&P 500
NVIDIA Corporation 8.14%
Apple Inc. 7.44%
Microsoft Corporation 5.73%
Amazon.com Inc. 3.66%
Alphabet Inc. Class A 3.02%
Broadcom Inc. 2.51%
Meta Platforms Inc Class A 2.48%- Alphabet Inc. Class C 2.42%
Micron Technology Inc. 1.83%
Tesla Inc. 1.57%
S&P 500 Information Technology
- NVIDIA Corporation 20.69%
- Apple Inc. 18.63%
- Microsoft Corporation 14.63%
- Broadcom Inc. 6.41%
- Micron Technology Inc. 4.66%
Advanced Micro Devices Inc. 3.93%
Intel Corp. 2.33%
Palantir Technologies Inc. Class A 1.67%
Cisco Systems Inc. 1.60%
Lam Research Corporation 1.51%
More Comparisons With These Indices
| Comparison | Overlap |
|---|---|
| S&P 500 vs MSCI USA | 94% |
| MSCI World vs S&P 500 | 69% |
| S&P 500 vs Nasdaq 100 | 55% |
| Nasdaq 100 vs S&P 500 Informationstechnologie | 54% |
| S&P 500 vs Dow Jones | 29% |
| S&P 500 vs Euro STOXX 50 | 0% |
| S&P 500 vs MSCI Emerging Markets | 0% |
| S&P 500 vs MSCI World ex USA | 0% |
| S&P 500 vs Russell 2000 | 0% |
| S&P 500 vs STOXX Europe 600 | 0% |
In the Alysly Network
The map shows how S&P 500 connects to ETFs, indices and other names. Each link is based on measured data and is not a recommendation.
- Apple Stock · contains
- Micron Technology Stock · contains
- Microsoft Corporation Stock · contains
- NVIDIA Corporation Stock · contains
- SPYL ETF · tracks
- SXR8 ETF · tracks
- SPY5 ETF · tracks