S&P 100

Last updated
S&P 100
FoundationJune 15, 1983;41 years ago (1983-06-15) [1]
Operator S&P Dow Jones Indices [2]
Exchanges
Trading symbol
  • OEX
  • ^OEX
  • SP100
  • ^SP100
Constituents101 [3]
Type Large-cap [2]
Market cap US$28.6 trillion
(as of December 31, 2023) [4]
Weighting method Free-float capitalization-weighted [5]
Related indices S&P 500
Website www.spglobal.com/spdji/en/indices/equity/sp-100/

The Standard and Poor's 100, or simply the S&P 100, is a stock market index of United States stocks maintained by Standard & Poor's.

Contents

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, Alphabet Inc. - also known as Google - has two 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. [1]

History

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

CategoryValueDate
Closing2,897.66Friday, November 8, 2024
Intraday2,907.25Monday, November 11, 2024

Reference: [6]

Components

(as of March 18,2024 [7] )

SymbolNameSector
AAPL Apple Inc. Information Technology
ABBV AbbVie Health Care
ABT Abbott Laboratories Health Care
ACN Accenture Information Technology
ADBE Adobe Inc. Information Technology
AIG American International Group Financials
AMD Advanced Micro Devices Information Technology
AMGN Amgen Health Care
AMT American Tower Real Estate
AMZN Amazon Consumer Discretionary
AVGO Broadcom Information Technology
AXP American Express Financials
BA Boeing Industrials
BAC Bank of America Financials
BK BNY Mellon Financials
BKNG Booking Holdings Consumer Discretionary
BLK BlackRock Financials
BMY Bristol Myers Squibb Health Care
BRK.B Berkshire Hathaway (Class B)Financials
C Citigroup Financials
CAT Caterpillar Inc. 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 Information Technology
CVS CVS Health Health Care
CVX Chevron Corporation Energy
DE Deere & Company Industrials
DHR Danaher Corporation Health Care
DIS Walt Disney Company (The) Communication Services
DOW Dow Inc. Materials
DUK Duke Energy Utilities
EMR Emerson Electric Industrials
F Ford Motor Company Consumer Discretionary
FDX FedEx Industrials
GD General Dynamics Industrials
GE GE Aerospace Industrials
GILD Gilead Sciences Health Care
GM General Motors Consumer Discretionary
GOOG Alphabet Inc. (Class C)Communication Services
GOOGLAlphabet Inc. (Class A)Communication Services
GS Goldman Sachs Financials
HD Home Depot Consumer Discretionary
HON Honeywell Industrials
IBM IBM Information Technology
INTC Intel Information Technology
INTU Intuit Information Technology
JNJ Johnson & Johnson Health Care
JPM JPMorgan Chase Financials
KHC Kraft Heinz Consumer Staples
KO Coca-Cola Company (The) Consumer Staples
LIN Linde plc Materials
LLY Eli Lilly and Company Health Care
LMT Lockheed Martin Industrials
LOW Lowe's Consumer Discretionary
MA Mastercard Information Technology
MCD McDonald's Consumer Discretionary
MDLZ Mondelēz International Consumer Staples
MDT Medtronic Health Care
MET MetLife Financials
META Meta Platforms Communication Services
MMM 3M Industrials
MO Altria Consumer Staples
MRK Merck & Co. Health Care
MS Morgan Stanley Financials
MSFT Microsoft Information Technology
NEE NextEra Energy Utilities
NFLX Netflix, Inc. Communication Services
NKE Nike, Inc. Consumer Discretionary
NVDA Nvidia Information Technology
ORCL Oracle Corporation Information Technology
PEP PepsiCo Consumer Staples
PFE Pfizer Health Care
PG Procter & Gamble Consumer Staples
PM Philip Morris International Consumer Staples
PYPL PayPal Information Technology
QCOM Qualcomm Information Technology
RTX RTX Corporation Industrials
SBUX Starbucks Consumer Discretionary
SCHW Charles Schwab Corporation Financials
SO Southern Company Utilities
SPG Simon Property Group Real Estate
T AT&T Communication Services
TGT Target Corporation Consumer Discretionary
TMO Thermo Fisher Scientific Health Care
TMUS T-Mobile US Communication Services
TSLA Tesla, Inc. Consumer Discretionary
TXN Texas Instruments Information Technology
UNH UnitedHealth Group Health Care
UNP Union Pacific Corporation Industrials
UPS United Parcel Service Industrials
USB U.S. Bancorp Financials
V Visa Inc. Information Technology
VZ Verizon Communication Services
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 price return of the S&P 100 since 1975:

YearClosing levelChange in index

in points

Change in index

in %

197550.00
197658.238.2316.46
197751.03−7.20−12.36
197852.991.963.84
197955.532.544.79
198068.8313.3023.95
198159.77−9.06−13.16
198271.0811.3118.93
198383.0611.9816.85
198482.54−0.52−0.63
1985103.0120.4724.80
1986115.5512.5412.17
1987119.133.583.10
1988131.9312.8010.74
1989164.6832.7524.82
1990155.22−9.46−5.74
1991192.7837.5624.19
1992198.325.542.87
1993214.7316.418.27
1994214.32−0.41−0.19
1995292.9678.6436.70
1996359.9967.0322.88
1997459.9499.9527.76
1998604.03144.0931.33
1999792.83188.8031.26
2000686.45−106.38−13.42
2001584.28−102.17−14.88
2002444.75−139.53−23.88
2003550.78106.0323.84
2004575.2924.514.45
2005570.00−5.29−0.92
2006660.4190.4115.86
2007685.6525.243.82
2008431.54−254.11−37.06
2009514.0982.5519.13
2010565.9051.8110.08
2011570.794.890.86
2012646.6175.8213.28
2013823.81177.2027.40
2014908.3884.5710.27
2015911.433.050.34
2016991.4380.008.78
20171,183.15191.7219.34
20181,113.87−69.28−5.86
20191,442.17328.3029.47
20201,720.50278.3319.30
20212,194.58474.0827.55
20221,709.17–485.41–22.12
20232,236.19527.0230.83

[9]

See also

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References

  1. 1 2 "S&P 100 factsheet" (PDF). Standard & Poor's. Retrieved January 20, 2022.
  2. 1 2 "S&P 100 Overview". S&P/Dow Jones Indices LLC. Retrieved January 20, 2013.
  3. "Data" (PDF). www.spice-indices.com.
  4. "S&P 100® Factsheet" (PDF). S&P Global. p. 5.
  5. "S&P U.S. Indices Methodology" (PDF). Standard & Poor's. Retrieved May 14, 2016.
  6. "S&P 100 Index (^OEX)". Yahoo! Finance. Retrieved May 16, 2024.
  7. "iShares S&P 100 ETF - OEF - US Class". BlackRock.
  8. Rhoads, Russell (23 January 2014). Trading Weekly Options: Pricing Characteristics and Short-Term Trading Strategies. Wiley. ISBN   9781118727171 via Google Books.
  9. "SP 100 Index Yearly Stock Returns".