Recently overheard a 401k participant mention their account was fully diversified since they are
invested in the S&P 500 Index and don’t feel they need other investments. While the S&P 500 accounts
for 70%-80% of the market value of the U.S. equities market, did you know the top 10 biggest stocks
make up 29.5% of the index’s market value as of March 31, 2022. Therefore, 10 stocks represent
approximately 30% of the index value and 490 stock represent the remaining 70% of the index value.
The S&P 500 index top 10 stocks include: