S&P 100
{{short description|American stock market index}}
{{distinguish|S&P 500|S&P 1500}}
{{Infobox Index
|name = S&P 100
|foundation = {{start date and age|1983|6|15}}{{cite web|url=https://www.spglobal.com/spdji/en/idsenhancedfactsheet/file.pdf?calcFrequency=M&force_download=true&hostIdentifier=48190c8c-42c4-46af-8d1a-0cd5db894797&indexId=2431|title=S&P 100 factsheet|access-date=January 20, 2022|publisher=Standard & Poor's}}
|operator = S&P Dow Jones Indices{{cite web|url= http://us.spindices.com/indices/equity/sp-100|title=S&P 100 Overview|access-date=January 20, 2013|publisher=S&P/Dow Jones Indices LLC}}
|exchanges = {{ubl|Nasdaq|NYSE}}
|constituents = 101{{cite web|url=https://www.spice-indices.com/idpfiles/spice-assets/resources/public/documents/103766_multidiscovery1.pdf |title=Data |website=www.spice-indices.com }}
|symbol = {{ubl|OEX|^OEX|SP100|^SP100}}
|cap_level = Large-cap
|mcap = {{US$|36.9 trillion|link=yes}}
(as of December 31, 2024){{cite web |url=https://www.spglobal.com/spdji/en/idsenhancedfactsheet/file.pdf?calcFrequency=M&force_download=true&hostIdentifier=48190c8c-42c4-46af-8d1a-0cd5db894797&indexId=2431 |title=S&P 100® Factsheet |publisher=S&P Global |page=5}}
|weighting = Free-float capitalization-weighted{{cite web|url= http://us.spindices.com/documents/methodologies/methodology-sp-us-indices.pdf|title=S&P U.S. Indices Methodology|access-date=May 14, 2016|publisher=Standard & Poor's}}
|related = S&P 500
|homepage = {{URL|https://www.spglobal.com/spdji/en/indices/equity/sp-100/|S&P 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.
The S&P 100 is a subset of the S&P 500 and the S&P 1500, and holds stocks that tend to be the largest and most established companies in the S&P 500. However, the S&P 100 actually includes 101 larger US company stocks due to holding two different share classes of Alphabet Inc.
Constituents of the S&P 100 are selected for sector balance and represent nearly 71% of the market capitalization of the S&P 500 and 61% of the market capitalization of the U.S. equity markets as of December 2024.
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.
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
class="wikitable"
! Category !! Value !! Date | ||
Closing | 3,003.15 | Wednesday, February 19, 2025 |
Intraday | 3,004.07 | Wednesday, February 19, 2025 |
{{small|Reference}}:{{Cite web |url=https://finance.yahoo.com/quote/%5EOEX/history |title=S&P 100 Index (^OEX) |access-date=January 25, 2024 |website=Yahoo! Finance}}
Components
({{as of|2025|03|24|lc=y|df=US}}{{cite web|url=https://www.ishares.com/us/products/239723/ishares-sp-100-etf|title=iShares S&P 100 ETF - OEF - US Class|website=BlackRock}})
class="wikitable sortable" id="constituents" |
Symbol
! Name ! Sector |
---|
AAPL
| Information Technology |
ABBV
| AbbVie | Health Care |
ABT
| Health Care |
ACN
| Information Technology |
ADBE
| Information Technology |
AIG
| American International Group | Financials |
AMD
| Information Technology |
AMGN
| Amgen | Health Care |
AMT
| Real Estate |
AMZN
| Amazon | Consumer Discretionary |
AVGO
| Broadcom | Information Technology |
AXP
| Financials |
BA
| Boeing | Industrials |
BAC
| Financials |
BK
| Financials |
BKNG
| Consumer Discretionary |
BLK
| Financials |
BMY
| Health Care |
BRK.B
| Berkshire Hathaway (Class B) | Financials |
C
| Financials |
CAT
| Industrials |
CHTR
| Communication Services |
CL
| Consumer Staples |
CMCSA
| Comcast | Communication Services |
COF
| Financials |
COP
| Energy |
COST
| Costco | Consumer Staples |
CRM
| Information Technology |
CSCO
| Cisco | Information Technology |
CVS
| Health Care |
CVX
| Energy |
DE
| Industrials |
DHR
| Health Care |
DIS
| Communication Services |
DUK
| Utilities |
EMR
| Industrials |
FDX
| FedEx | Industrials |
GD
| Industrials |
GE
| Industrials |
GILD
| Health Care |
GM
| Consumer Discretionary |
GOOG
| Alphabet Inc. (Class C) | Communication Services |
GOOGL
| Alphabet Inc. (Class A) | Communication Services |
GS
| Financials |
HD
| Consumer Discretionary |
HON
| Industrials |
IBM
| IBM | Information Technology |
INTC
| Intel | Information Technology |
INTU
| Intuit | Information Technology |
ISRG
| Health Care |
JNJ
| Health Care |
JPM
| Financials |
KO
| Consumer Staples |
LIN
| Materials |
LLY
| Health Care |
LMT
| Industrials |
LOW
| Lowe's | Consumer Discretionary |
MA
| Financials |
MCD
| Consumer Discretionary |
MDLZ
| Consumer Staples |
MDT
| Health Care |
MET
| MetLife | Financials |
META
| Communication Services |
MMM
| 3M | Industrials |
MO
| Altria | Consumer Staples |
MRK
| Health Care |
MS
| Financials |
MSFT
| Information Technology |
NEE
| Utilities |
NFLX
| Communication Services |
NKE
| Consumer Discretionary |
NOW
| Information Technology |
NVDA
| Nvidia | Information Technology |
ORCL
| Information Technology |
PEP
| PepsiCo | Consumer Staples |
PFE
| Pfizer | Health Care |
PG
| Consumer Staples |
PLTR
| Information Technology |
PM
| Consumer Staples |
PYPL
| PayPal | Financials |
QCOM
| Qualcomm | Information Technology |
RTX
| Industrials |
SBUX
| Consumer Discretionary |
SCHW
| Financials |
SO
| Utilities |
SPG
| Real Estate |
T
| AT&T | Communication Services |
TGT
| Consumer Discretionary |
TMO
| Health Care |
TMUS
| Communication Services |
TSLA
| Consumer Discretionary |
TXN
| Information Technology |
UNH
| Health Care |
UNP
| Industrials |
UPS
| Industrials |
USB
| Financials |
V
| Financials |
VZ
| Verizon | Communication Services |
WFC
| Financials |
WMT
| Walmart | Consumer Staples |
XOM
| 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.{{cite book|url=https://books.google.com/books?id=Y62sAgAAQBAJ&pg=PA1|title=Trading Weekly Options: Pricing Characteristics and Short-Term Trading Strategies|first=Russell|last=Rhoads|date=23 January 2014|publisher=Wiley|isbn=9781118727171|via=Google Books}}
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:{{cite web|url=http://www.1stock1.com/1stock1_794.htm|title=SP 100 Index Yearly Stock Returns}}
class="wikitable sortable" style="text-align:right;"
!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 | style="color:red"| −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 | style="color:red"| −13.16 |
1982 | 71.08 | 11.31 | 18.93 |
1983 | 83.06 | 11.98 | 16.85 |
1984 | 82.54 | −0.52 | style="color:red"| −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 | style="color:red"| −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 | style="color:red"| −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 | style="color:red"| −13.42 |
2001 | 584.28 | −102.17 | style="color:red"| −14.88 |
2002 | 444.75 | −139.53 | style="color:red"| −23.88 |
2003 | 550.78 | 106.03 | 23.84 |
2004 | 575.29 | 24.51 | 4.45 |
2005 | 570.00 | −5.29 | style="color:red"| −0.92 |
2006 | 660.41 | 90.41 | 15.86 |
2007 | 685.65 | 25.24 | 3.82 |
2008 | 431.54 | −254.11 | style="color:red"| −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 | style="color:red"|−5.86 | ||
2019
|1,442.17 |328.30 |29.47 | |||
2020
|1,720.50 |278.33 |19.30 | |||
2021
|2,194.58 |474.08 |27.55 | |||
2022
|1,709.17 |–485.41 | style="color:red"|–22.12 | ||
2023
|2,236.19 |527.02 |30.83 | |||
2024
|2,890.23 |654.04 |29.25 |
See also
References
{{reflist}}
External links
- [https://www.spglobal.com/spdji/en/indices/equity/sp-100/ Standard & Poor's page on S&P 100 index]
- [https://finance.yahoo.com/q?s=^OEX Yahoo! Finance page for ^OEX]
{{DEFAULTSORT:SandP 100}}