The Standard and Poor’s 500, or simply the S&P 500, is a stock market index tracking the stock performance of 500 of the largest companies listed on stock exchanges in the United States.

It is one of the most commonly followed equity indices. As of December 31, 2020, more than $5.4 trillion was invested in assets tied to the performance of the index.

Stock strategy

The S&P 500 index is a free-float weighted/capitalization-weighted index.

As of August 31, 2022, the nine largest companies on the list of S&P 500 companies accounted for 27.8% of the market capitalization of the index and were, in order of highest to lowest weighting:

Apple, Microsoft, Alphabet,, Tesla, Berkshire Hathaway, UnitedHealth Group, Johnson & Johnson and ExxonMobil. The components that have increased their dividends in 25 consecutive years are known as the S&P 500 Dividend Aristocrats.

The index is one of the factors in computation of the Conference Board Leading Economic Index, used to forecast the direction of the economy.

Stock strategy

The index is associated with many ticker symbols, including ^GSPC, .INX, and $SPX, depending on market or website.

Constituents: 503
Exchanges: NYSE; NASDAQ; Cboe BZX Exchange
Foundation: March 4, 1957; 66 years ago

Market cap: US$33.8 trillion; (as of December 31, 2022)
Related indices: S&P 1500; S&P Global 1200; S&P 100

Trading symbol: ^GSPC; $SPX; SPX.SPX.INX
Weighting method: Free-float capitalization-weighted


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