Energy’s diminishing index weighting
September 16, 2020 Leave a comment
“By the end of 1980, six out of the top ten companies by market capitalisation were energy related related as was one third of the S&P 500” – Goehring & Rozencwajg
40 years later that landscape is very different.
Today, the energy component of the S&P 500 is 2.8%. The lowest on record.
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