Current Sector Weightings

Bespoke Investment Group takes a look at the current weightings of the S&P 500.  Financials have fallen significantly in terms of its sector weightings over the past three years:

According to Bespoke "as shown, the Technology sector is currently a fifth of the index, which shows just how important movements in tech stocks are on the overall market. The Financial sector, which used to hold the top position prior to the financial crisis, has whittled down to 13.41%. Industrials, Consumer Discretionary, Consumer Staples, Health Care and Energy rank 3rd through 7th and have weightings between 10.43% and 12.09%. Utilities, Materials and Telecom -- all with weightings in the 3s -- have little impact on the market regardless of what they're doing."

I don't think financials really start to rally until they first hit single digits in terms of representation in the S&P 500 but what do I know!

*Long ETFs related to the S&P 500 in client and personal accounts.

Link:  Bespoke: Sector Weightings.