My point was that it's not as simple as screening for the 500 largest companies. I agree there's more to it.Ignore this - it is a marketing buzzword. Instead read the methodology. I have never seen a case where the S&P has broken their methodology and used “leading” as a criteria.Good evening dear Bogleheads,
The S&P 500 represents the 500 largest companies traded on US stock exchanges.
The S&P description mentions "leading".Source: https://www.spglobal.com/spdji/en/indic ... /#overviewThe S&P 500® is widely regarded as the best single gauge of large-cap U.S. equities. The index includes 500 leading companies and covers approximately 80% of available market capitalization.
Regards,
Methodology here: https://www.spglobal.com/spdji/en/docum ... ndices.pdf
The word "largest" pops up in the document near the S&P 100, Top 50 and Top 10, but all of those are subsets of the S&P 500.
Regards,
Statistics: Posted by retired@50 — Thu Apr 11, 2024 5:12 pm — Replies 10 — Views 298