S&P 100
Foundation | June 15, 1983[1] |
---|---|
Operator | S&P Dow Jones Indices[2] |
Exchanges | NYSE, NASDAQ |
Constituents | 101[3] |
Type | Large-cap[2] |
Market cap | US$22.3 trillion (as of December 31, 2020)[4] |
Weighting method | Free-float capitalization-weighted[5] |
Related indices | List |
Website | www |
The S&P 100 Index is a stock market index of United States stocks maintained by Standard & Poor's.
Index options on the S&P 100 are traded with the ticker symbol "OEX". Because of the popularity of these options, investors often refer to the index by its ticker symbol.
The S&P 100, a subset of the S&P 500, includes 101 (because one of its component companies has 2 classes of stock) leading U.S. stocks with exchange-listed options. Constituents of the S&P 100 are selected for sector balance and represent about 67% of the market capitalization of the S&P 500 and almost 54% of the market capitalization of the U.S. equity markets as of December 2020. The stocks in the S&P 100 tend to be the largest and most established companies in the S&P 500.[6]
History[]
The index was started on June 15, 1983.[4]
In 1983, the CBOE created the first index options, based on its own index, the CBOE 100.
In 1993, CBOE created the Chicago Board Options Exchange Market Volatility Index (VIX), which was computed based on the price of S&P 100 options (at the time these were by far the most heavily traded index options). Then in 2003, they changed it to be based on the S&P 500.
Record values[]
Category | Value | Date |
---|---|---|
Closing | 1,803.14 | Wednesday, February 17, 2021 |
Intraday | 1,810.82 | Tuesday, February 16, 2021 |
Components[]
(as of March 22, 2021[7])
Symbol | Name | Sector |
---|---|---|
AAPL | Apple | Information Technology |
ABBV | AbbVie | Health Care |
ABT | Abbott Laboratories | Health Care |
ACN | Accenture | Information Technology |
ADBE | Adobe | Information Technology |
AIG | American International Group | Financials |
AMGN | Amgen | Health Care |
AMT | American Tower | Real Estate |
AMZN | Amazon.com | Consumer Discretionary |
AVGO | Broadcom | Information Technology |
AXP | American Express | Financials |
BA | Boeing | Industrials |
BAC | Bank of America | Financials |
BIIB | Biogen | Health Care |
BK | BNY Mellon | Financials |
BKNG | Booking Holdings | Consumer Discretionary |
BLK | BlackRock | Financials |
BMY | Bristol Myers Squibb | Health Care |
BRK.B | Berkshire Hathaway | Financials |
C | Citigroup | Financials |
CAT | Caterpillar | Industrials |
CHTR | Charter Communications | Communication Services |
CL | Colgate-Palmolive | Consumer Staples |
CMCSA | Comcast | Communication Services |
COF | Capital One | Financials |
COP | ConocoPhillips | Energy |
COST | Costco | Consumer Staples |
CRM | Salesforce | Information Technology |
CSCO | Cisco Systems | Information Technology |
CVS | CVS Health | Health Care |
CVX | Chevron | Energy |
DD | DuPont | Materials |
DHR | Danaher | Health Care |
DIS | Disney | Communication Services |
DOW | Dow | Materials |
DUK | Duke Energy | Utilities |
EMR | Emerson Electric | Industrials |
EXC | Exelon | Utilities |
F | Ford | Consumer Discretionary |
FB | Meta Platforms | Communication Services |
FDX | FedEx | Industrials |
GD | General Dynamics | Industrials |
GE | General Electric | Industrials |
GILD | Gilead Sciences | Health Care |
GM | General Motors | Consumer Discretionary |
GOOG | Alphabet (Class C) | Communication Services |
GOOGL | Alphabet (Class A) | Communication Services |
GS | Goldman Sachs | Financials |
HD | Home Depot | Consumer Discretionary |
HON | Honeywell | Industrials |
IBM | IBM | Information Technology |
INTC | Intel | Information Technology |
JNJ | Johnson & Johnson | Health Care |
JPM | JPMorgan Chase | Financials |
KHC | Kraft Heinz | Consumer Staples |
KO | Coca-Cola | Consumer Staples |
LIN | Linde | Industrials |
LLY | Eli Lilly | Health Care |
LMT | Lockheed Martin | Industrials |
LOW | Lowe's | Consumer Discretionary |
MA | Mastercard | Financials |
MCD | McDonald's | Consumer Discretionary |
MDLZ | Mondelēz International | Consumer Staples |
MDT | Medtronic | Health Care |
MET | MetLife | Financials |
MMM | 3M | Industrials |
MO | Altria | Consumer Staples |
MRK | Merck | Health Care |
MS | Morgan Stanley | Financials |
MSFT | Microsoft | Information Technology |
NEE | NextEra Energy | Utilities |
NFLX | Netflix | Communication Services |
NKE | Nike | Consumer Discretionary |
NVDA | Nvidia | Information Technology |
ORCL | Oracle | Information Technology |
PEP | PepsiCo | Consumer Staples |
PFE | Pfizer | Health Care |
PG | Procter & Gamble | Consumer Staples |
PM | Philip Morris International | Consumer Staples |
PYPL | PayPal | Financials |
QCOM | Qualcomm | Information Technology |
RTX | Raytheon Technologies | Industrials |
SBUX | Starbucks | Consumer Discretionary |
SO | Southern Company | Utilities |
SPG | Simon Property Group | Real Estate |
T | AT&T | Communication Services |
TGT | Target | Consumer Staples |
TMO | Thermo Fisher Scientific | Health Care |
TMUS | T-Mobile US | Communication Services |
TSLA | Tesla | Consumer Discretionary |
TXN | Texas Instruments | Information Technology |
UNH | UnitedHealth | Health Care |
UNP | Union Pacific | Industrials |
UPS | United Parcel Service | Industrials |
USB | U.S. Bancorp | Financials |
V | Visa | Financials |
VZ | Verizon | Communication Services |
WBA | Walgreens Boots Alliance | Consumer Staples |
WFC | Wells Fargo | Financials |
WMT | Walmart | Consumer Staples |
XOM | ExxonMobil | Energy |
Statistics[]
The mean free float market capitalization of the S&P 100 is over 3 times that of the S&P 500 ($135 bn vs $40 bn as of January 2017); as such, it is larger than a large-cap index. The "sigma" of companies within the S&P 100 is typically less than that of the S&P 500 and thus the corresponding volatility of the S&P 100 is lower. However, the correlation between the two indices is very high.[8]
Investing[]
This index is tracked by the exchange-traded fund iShares S&P 100 Index (NYSE Arca: OEF).
Annual Returns[]
The following table shows the annual development of the S&P 100 since 1975.
Year | Closing level | Change in index
in points |
Change in index
in % |
---|---|---|---|
1975 | 50.00 | ||
1976 | 58.23 | 8.23 | 16.46 |
1977 | 51.03 | −7.20 | −12.36 |
1978 | 52.99 | 1.96 | 3.84 |
1979 | 55.53 | 2.54 | 4.79 |
1980 | 68.83 | 13.30 | 23.95 |
1981 | 59.77 | −9.06 | −13.16 |
1982 | 71.08 | 11.31 | 18.93 |
1983 | 83.06 | 11.98 | 16.85 |
1984 | 82.54 | −0.52 | −0.63 |
1985 | 103.01 | 20.47 | 24.80 |
1986 | 115.55 | 12.54 | 12.17 |
1987 | 119.13 | 3.58 | 3.10 |
1988 | 131.93 | 12.80 | 10.74 |
1989 | 164.68 | 32.75 | 24.82 |
1990 | 155.22 | −9.46 | −5.74 |
1991 | 192.78 | 37.56 | 24.19 |
1992 | 198.32 | 5.54 | 2.87 |
1993 | 214.73 | 16.41 | 8.27 |
1994 | 214.32 | −0.41 | −0.19 |
1995 | 292.96 | 78.64 | 36.70 |
1996 | 359.99 | 67.03 | 22.88 |
1997 | 459.94 | 99.95 | 27.76 |
1998 | 604.03 | 144.09 | 31.33 |
1999 | 792.83 | 188.80 | 31.26 |
2000 | 686.45 | −106.38 | −13.42 |
2001 | 584.28 | −102.17 | −14.88 |
2002 | 444.75 | −139.53 | −23.88 |
2003 | 550.78 | 106.03 | 23.84 |
2004 | 575.29 | 24.51 | 4.45 |
2005 | 570.00 | −5.29 | −0.92 |
2006 | 660.41 | 90.41 | 15.86 |
2007 | 685.65 | 25.24 | 3.82 |
2008 | 431.54 | −254.11 | −37.06 |
2009 | 514.09 | 82.55 | 19.13 |
2010 | 565.90 | 51.81 | 10.08 |
2011 | 570.79 | 4.89 | 0.86 |
2012 | 646.61 | 75.82 | 13.28 |
2013 | 823.81 | 177.20 | 27.40 |
2014 | 908.38 | 84.57 | 10.27 |
2015 | 911.43 | 3.05 | 0.34 |
2016 | 991.43 | 80.00 | 8.78 |
2017 | 1,183.15 | 191.72 | 19.34 |
2018 | 1,113.87 | −69.28 | −5.86 |
2019 | 1,442.17 | 328.30 | 29.47 |
2020 | 1,720.50 | 278.33 | 19.30 |
See also[]
References[]
- ^ "S&P 100 factsheet" (PDF). Standard & Poor's. Retrieved January 20, 2013.
- ^ a b "S&P 100 Overview". S&P/Dow Jones Indices LLC. Retrieved January 20, 2013.
- ^ "Data" (PDF). www.spice-indices.com.
- ^ a b "Data" (PDF). www.spice-indices.com.
- ^ "S&P U.S. Indices Methodology" (PDF). Standard & Poor's. Retrieved May 14, 2016.
- ^ S&P 100 fact sheet
- ^ "iShares S&P 100 ETF - OEF - US Class". BlackRock.
- ^ Rhoads, Russell (23 January 2014). Trading Weekly Options: Pricing Characteristics and Short-Term Trading Strategies. Wiley. ISBN 9781118727171 – via Google Books.
- ^ "SP 100 Index Yearly Stock Returns".
External links[]
- American stock market indices
- S&P Dow Jones Indices