Self Directed Investor Inc
SDI: "Empowering investors with ideas and education"
Symbol Lookup »  
Topics:ChinaETFsEarningsEconomyEnergyForexGoldIncomeLessonsIdeasTrading

  • Other news: News from PR Newswire
| More

The S&P 500 ETF (SPY) Then And Now

Mon, Oct 29, 4:25 PM ET, by Michael Johnston

The S&P 500 is one of the most widely-followed benchmarks in the world, serving as a barometer not only for the U.S. economy but for global markets. It’s been almost 20 years since the first S&P 500 ETF debuted; (SPY, A) started trading in early 1993.

With the 20th birthday coming in January 2013, we take a look back at the evolution of one of the best-known indexes over the past two decades. While some of the names remain the same, many components of the S&P 500 have undergone radical changes since the first ETF debuted. We’ll start a full decade before the launch of SPY in 1983, before IBM and AT&T shortened their names, the Sears Tower was still Sears headquarters, and cameras were apparently big business [for year-by-year profiles, sign up for the free ETFdb newsletter].

1983: Oil Is King

In 1983 oil companies were thriving, with several energy components represented in the top 10 of the S&P 500. Exxon Mobil, of course, continues to be a major player in the oil and gas industry; several other components have evolved into new entities.

IBM was the most valuable U.S. stock in 1983 with a market capitalization of nearly $75 billion — which made it more than twice as valuable as the #2 company on the list. The computer maker isn’t the only holdover from the 1980s that still makes up a big chunk of the S&P; GE and Exxon have also shown staying power, and continue to be among the most valuable companies in the world.

Largest Component: International Business Machines (IBM, $74.3 billion)

Top 10 Market Cap: $241.2 billion

Newcomers: Sears Roebuck and duPont were new to the top 10 in 1993, replacing Shell Oil and Standard Oil of California from the year before.

Whatever Happened To: Standard Oil of Indiana. Also known as Stanolind, Standard Oil of Indiana was the 6th largest component of the S&P 500 in 1993. The company was later renamed Amoco, and is now a part of BP.

Complete Top 10: The ten largest U.S. companies in 1983 were:

Company Mkt. Cap % of S&P 500
IBM $74.3 6.09%
Exxon $32.1 2.63%
General Electric $26.6 2.18%
General Motors $23.4 1.92%
American Telephone & Telegraph $17.2 1.41%
Standard Oil of Indiana $14.8 1.22%
Schlumberger $14.5 1.19%
Sears Roebuck $13.2 1.08%
Eastman Kodak $12.6 1.03%
duPont $12.4 1.02%

[Get ratings for 1,500+ dividend stocks with a free 14-day trial to Dividend.com premium]

Next — 1984: Even More Oil >>>

Click here to read the original article on ETFdb.com.


SDI Glossary: "Dividend" Definition
This Article's Word Cloud:   American   Business   California   ETFdb   Exxon   General   Happened   Indiana   King   Largest   Newcomers   Roebuck   Sears   Standard   back   before   benchmarks   billion   business   capitalization   changes   companies   company   components   debuted   decade   duPont   first   free   from   full   have   known   largest   later   many   most   names   only   power   profiles   several   since   still   valuable   were   with   world   year   years

| More

PowerShares KBW Capital Markets Portfolio Breaks Above 200-Day Moving Average - Bullish for KBWC
Wed, Apr 16, 4:15 PM ET, by ETF Channel

In trading on Wednesday, shares of the PowerShares KBW Capital Markets Portfolio ETF (KBWC) crossed ...

Qualcomm, Inc. Moves Up In Analyst Rankings, Passing Monsanto Co.
Wed, Apr 16, 1:14 PM ET, by ETF Channel

In a study of analyst recommendations at the major brokerages, for the underlying components of ...

EEMV: Large Outflows Detected at ETF
Wed, Apr 16, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: EEMV Exchange traded funds (ETFs) trade just like stocks, but ...

ITOT, QCOM, MCD, ABBV: Large Outflows Detected at ETF
Wed, Apr 16, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: ITOT, QCOM, MCD, ABBV Exchange traded funds (ETFs) trade just ...

HEDJ: ETF Inflow Alert
Wed, Apr 16, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: HEDJ Exchange traded funds (ETFs) trade just like stocks, but ...

Chevron Corporation a Top Ranked SAFE Dividend Stock With 3.3% Yield (CVX)
Wed, Apr 16, 8:14 AM ET, by ETF Channel

Chevron Corporation (CVX) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a ...

XTL Crosses Below Key Moving Average Level
Tue, Apr 15, 4:14 PM ET, by ETF Channel

In trading on Tuesday, shares of the SPDR S&P Telecom ETF (XTL) crossed below their ...

PowerShares S&P SmallCap Consumer Discretionary Portfolio (PSCD) Shares Cross Below 200 DMA
Tue, Apr 15, 4:14 PM ET, by ETF Channel

In trading on Tuesday, shares of the PowerShares S&P SmallCap Consumer Discretionary Portfolio ETF (PSCD) ...

PowerShares WilderHill Clean Energy Portfolio Breaks Below 200-Day Moving Average - Notable for PBW
Tue, Apr 15, 4:14 PM ET, by ETF Channel

In trading on Tuesday, shares of the PowerShares WilderHill Clean Energy Portfolio ETF (PBW) crossed ...

IYZ Makes Notable Cross Below Critical Moving Average
Tue, Apr 15, 4:14 PM ET, by ETF Channel

In trading on Tuesday, shares of the iShares U.S. Telecommunications ETF (IYZ) crossed below their ...

ITE Makes Notable Cross Below Critical Moving Average
Tue, Apr 15, 4:14 PM ET, by ETF Channel

In trading on Tuesday, shares of the SPDR Barclays Intermediate Term Treasury ETF (ITE) crossed ...

Time Warner Inc Achieves #87 Analyst Rank, Surpassing Tyson Foods, Inc.
Tue, Apr 15, 12:24 PM ET, by ETF Channel

In a study of analyst recommendations at the major brokerages, for the underlying components of ...

PJP, LLY, DEPO, BAX: ETF Outflow Alert
Tue, Apr 15, 11:24 AM ET, by ETF Channel

Symbols mentioned in this story: PJP, LLY, DEPO, BAX Exchange traded funds (ETFs) trade just ...

DBP Crosses Below Key Moving Average Level
Tue, Apr 15, 11:24 AM ET, by ETF Channel

In trading on Tuesday, shares of the PowerShares DB Precious Metals Fund ETF (DBP) crossed ...

PowerShares Senior Loan Portfolio (BKLN) Enters Oversold Territory
Tue, Apr 15, 11:14 AM ET, by ETF Channel

In trading on Tuesday, shares of the PowerShares Senior Loan Portfolio ETF (BKLN) entered into ...

Shares of XHB Now Oversold
Tue, Apr 15, 11:14 AM ET, by ETF Channel

In trading on Tuesday, shares of the SPDR S&P Homebuilders ETF (XHB) entered into oversold ...

Old Republic International Corp. a Top Ranked SAFE Dividend Stock With 4.6% Yield (ORI)
Tue, Apr 15, 9:24 AM ET, by ETF Channel

Old Republic International Corp. (ORI) has been named to the Dividend Channel ''S.A.F.E. ...

MUAE Crosses Below Key Moving Average Level
Mon, Apr 14, 4:14 PM ET, by ETF Channel

In trading on Monday, shares of the iShares 2016 AMT-Free Muni Term ETF (MUAE) crossed ...

First Trust NYSE Arca Biotechnology Index Fund (FBT) Shares Cross Below 200 DMA
Mon, Apr 14, 4:14 PM ET, by ETF Channel

In trading on Monday, shares of the First Trust NYSE Arca Biotechnology Index Fund ETF ...

VRD Crosses Above Key Moving Average Level
Mon, Apr 14, 4:14 PM ET, by ETF Channel

In trading on Monday, shares of the SPDR Nuveen S&P VRDO Municipal Bond ETF (VRD) ...

iShares U.S. Home Construction Getting Very Oversold
Mon, Apr 14, 3:54 PM ET, by ETF Channel

In trading on Monday, shares of the iShares U.S. Home Construction ETF (ITB) entered into ...

Shares of DWAS Now Oversold
Mon, Apr 14, 3:54 PM ET, by ETF Channel

In trading on Monday, shares of the PowerShares DWA SmallCap Momentum Portfolio ETF (DWAS) entered ...

PSL Crosses Critical Technical Indicator
Mon, Apr 14, 3:54 PM ET, by ETF Channel

In trading on Monday, shares of the PowerShares DWA Consumer Staples Momentum Portfolio ETF (PSL) ...

CUT Crowded With Sellers
Mon, Apr 14, 3:54 PM ET, by ETF Channel

In trading on Monday, shares of the Guggenheim Timber ETF (CUT) entered into oversold territory, ...

Agilent Technologies, Inc. Achieves #7 Analyst Rank, Surpassing Cognizant Technology Solutions Corp.
Mon, Apr 14, 11:54 AM ET, by ETF Channel

In a study of analyst recommendations at the major brokerages, for the underlying components of ...

See How Procter & Gamble Co. Ranks Among Analysts' Top Dow 30 Picks
Mon, Apr 14, 11:54 AM ET, by ETF Channel

A study of analyst recommendations at the major brokerages shows that Procter & Gamble Co. ...

EDC: Large Inflows Detected at ETF
Mon, Apr 14, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: EDC Exchange traded funds (ETFs) trade just like stocks, but ...

KBE, BPOP, VLY, CFR: ETF Outflow Alert
Mon, Apr 14, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: KBE, BPOP, VLY, CFR Exchange traded funds (ETFs) trade just ...

XOP, SGY, CRK, PVA: Large Outflows Detected at ETF
Mon, Apr 14, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: XOP, SGY, CRK, PVA Exchange traded funds (ETFs) trade just ...

T Named Top 25 SAFE Dividend Stock Increasing Payments For Decades
Mon, Apr 14, 8:14 AM ET, by ETF Channel

AT&T Inc (T) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a ...

RCD Makes Notable Cross Below Critical Moving Average
Fri, Apr 11, 4:14 PM ET, by ETF Channel

In trading on Friday, shares of the Guggenheim S&P 500 Equal Weight Consumer Discretionary ETF ...

RFG Crosses Below Key Moving Average Level
Fri, Apr 11, 4:14 PM ET, by ETF Channel

In trading on Friday, shares of the Guggenheim S&P MidCap 400 Pure Growth ETF (RFG) ...

Biotech Getting Very Oversold
Fri, Apr 11, 4:14 PM ET, by ETF Channel

In trading on Friday, shares of the Biotech ETF (BBH) entered into oversold territory, changing ...

Monster Beverage Corp Moves Up In Analyst Rankings, Passing Sempra Energy
Fri, Apr 11, 12:14 PM ET, by ETF Channel

In a study of analyst recommendations at the major brokerages, for the underlying components of ...

RTH Makes Notable Cross Below Critical Moving Average
Fri, Apr 11, 11:14 AM ET, by ETF Channel

In trading on Friday, shares of the Retail ETF (RTH) crossed below their 200 day ...

KCE Makes Notable Cross Below Critical Moving Average
Fri, Apr 11, 11:14 AM ET, by ETF Channel

In trading on Friday, shares of the SPDR S&P Capital Markets ETF (KCE) crossed below ...

PEJ Crosses Below Key Moving Average Level
Fri, Apr 11, 11:14 AM ET, by ETF Channel

In trading on Friday, shares of the PowerShares Dynamic Leisure and Entertainment Portfolio ETF (PEJ) ...

PowerShares KBW High Dividend Yield Financial Portfolio Breaks Below 200-Day Moving Average - Notable for KBWD
Fri, Apr 11, 11:14 AM ET, by ETF Channel

In trading on Friday, shares of the PowerShares KBW High Dividend Yield Financial Portfolio ETF ...

GURU Makes Notable Cross Below Critical Moving Average
Fri, Apr 11, 11:14 AM ET, by ETF Channel

In trading on Friday, shares of the Guru Index ETF (GURU) crossed below their 200 ...

Consumer Discretionary Select Sector SPDR Fund (XLY) Shares Cross Below 200 DMA
Fri, Apr 11, 11:14 AM ET, by ETF Channel

In trading on Friday, shares of the Consumer Discretionary Select Sector SPDR Fund ETF (XLY) ...

iShares U.S. Insurance Breaks Below 200-Day Moving Average - Notable for IAK
Fri, Apr 11, 11:14 AM ET, by ETF Channel

In trading on Friday, shares of the iShares U.S. Insurance ETF (IAK) crossed below their ...

VO, FRX, WDC, CERN: Large Inflows Detected at ETF
Fri, Apr 11, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: VO, FRX, WDC, CERN Exchange traded funds (ETFs) trade just ...

PowerShares S&P 500 BuyWrite Portfolio (PBP) Shares Cross Below 200 DMA
Fri, Apr 11, 10:54 AM ET, by ETF Channel

In trading on Friday, shares of the PowerShares S&P 500 BuyWrite Portfolio ETF (PBP) crossed ...

PSP Crosses Below Key Moving Average Level
Fri, Apr 11, 10:54 AM ET, by ETF Channel

In trading on Friday, shares of the PowerShares Global Listed Private Equity Portfolio ETF (PSP) ...

EWW: ETF Inflow Alert
Fri, Apr 11, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: EWW Exchange traded funds (ETFs) trade just like stocks, but ...

XLU, NEE, D, SO: ETF Inflow Alert
Fri, Apr 11, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: XLU, NEE, D, SO Exchange traded funds (ETFs) trade just ...

Weyerhaeuser Co. a Top Socially Responsible Dividend Stock With 3.1% Yield (WY)
Fri, Apr 11, 8:24 AM ET, by ETF Channel

Weyerhaeuser Co. (WY) has been named a Top 25 Socially Responsible Dividend Stock by Dividend ...

CHXX Crosses Above Key Moving Average Level
Thu, Apr 10, 4:14 PM ET, by ETF Channel

In trading on Thursday, shares of the China Infrastructure ETF (CHXX) crossed above their 200 ...

See How Wal-Mart Stores, Inc. Ranks Among Analysts' Top Dow 30 Picks
Thu, Apr 10, 12:14 PM ET, by ETF Channel

A study of analyst recommendations at the major brokerages shows that Wal-Mart Stores, Inc. (WMT) ...

Marathon Oil Corp. Takes Over #52 Spot From Whole Foods Market, Inc.
Thu, Apr 10, 12:14 PM ET, by ETF Channel

In a study of analyst recommendations at the major brokerages, for the underlying components of ...

Related videos | all videos »
  More articles:  1 2 3 4 5 6 7 next »

ABOUT US »   ADVERTISE »   CONTACT US »   TERMS OF USE & PRIVACY POLICY »

The S&P 500 ETF (SPY) Then And Now | Self Directed Investor | Copyright © 2008 - 2014, All Rights Reserved

Any ideas and opinions presented in Self Directed Investor content are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All site visitors agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.

SDI is associated with: ValueForum.com -- a subscription-based online social networking forum of over 1000 individual investors. | MarketNewsVideo.com -- videos appearing on SDI are produced by Market News Video. | TickerTech.com -- stock quote content appearing on SDI is at least 20 minutes delayed and is powered by Ticker Technologies. | GoldStockStrategist.com -- Edited by Scott V. Nystrom, PhD, Gold Stock Strategist provides analysis on gold mining companies.