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:   ETFdb   Exxon   General   Indiana   Kodak   Roebuck   Sears   Standard   adsbygoogle   also   before   billion   business   chunk   companies   company   components   computer   debuted   decades   dividend   duPont   entities   first   free   from   have   known   largest   maker   makes   many   markets   most   names   only   power   ratings   renamed   several   shown   since   start   still   valuable   were   which   with   world   year

| More

VSPY Makes Notable Cross Below Critical Moving Average
Fri, Apr 17, 4:14 PM ET, by ETF Channel

In trading on Friday, shares of the S&P 500 Volatility Response Shares ETF (VSPY) crossed ...

PEX Crosses Below Key Moving Average Level
Fri, Apr 17, 4:14 PM ET, by ETF Channel

In trading on Friday, shares of the ProShares Global Listed Private Equity ETF (PEX) crossed ...

iShares Global Telecom Breaks Below 200-Day Moving Average - Notable for IXP
Fri, Apr 17, 3:54 PM ET, by ETF Channel

In trading on Friday, shares of the iShares Global Telecom ETF (IXP) crossed below their ...

VF Takes Over #60 Spot From Honeywell International
Fri, Apr 17, 11:54 AM ET, by ETF Channel

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

EUFN Makes Notable Cross Below Critical Moving Average
Fri, Apr 17, 11:24 AM ET, by ETF Channel

In trading on Friday, shares of the iShares MSCI Europe Financials ETF (EUFN) crossed below ...

KRE, OZRK, BXS, BOKF: Large Outflows Detected at ETF
Fri, Apr 17, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: KRE, OZRK, BXS, BOKF Exchange traded funds (ETFs) trade just ...

SPDR S&P Biotech ETF Experiences Big Inflow
Fri, Apr 17, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: XBI, DYAX, INO, ESPR Exchange traded funds (ETFs) trade just ...

SHV: ETF Outflow Alert
Fri, Apr 17, 11:14 AM ET, by ETF Channel

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

VXF, LNKD, ILMN, UAL: Large Inflows Detected at ETF
Fri, Apr 17, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: VXF, LNKD, ILMN, UAL Exchange traded funds (ETFs) trade just ...

FKO Makes Bullish Cross Above Critical Moving Average
Thu, Apr 16, 4:14 PM ET, by ETF Channel

In trading on Thursday, shares of the First Trust South Korea AlphaDEX Fund ETF (FKO) ...

See How Chevron Ranks Among Analysts' Top Dow 30 Picks
Thu, Apr 16, 12:14 PM ET, by ETF Channel

A study of analyst recommendations at the major brokerages shows that Chevron Corporation (CVX) is ...

Medtronic Takes Over #123 Spot From Electronic Arts
Thu, Apr 16, 12:14 PM ET, by ETF Channel

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

FAB, SWN, CAM, CHK: Large Outflows Detected at ETF
Thu, Apr 16, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: FAB, SWN, CAM, CHK Exchange traded funds (ETFs) trade just ...

FTA, XEC, DVN, HES: ETF Outflow Alert
Thu, Apr 16, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: FTA, XEC, DVN, HES Exchange traded funds (ETFs) trade just ...

WisdomTree DEFA Equity Income Fund (DTH) Shares Cross Above 200 DMA
Thu, Apr 16, 10:54 AM ET, by ETF Channel

In trading on Thursday, shares of the WisdomTree DEFA Equity Income Fund ETF (DTH) crossed ...

(DBV) Shares Cross Above 200 DMA
Thu, Apr 16, 10:54 AM ET, by ETF Channel

In trading on Thursday, shares of the ETF (DBV) crossed above their 200 day moving ...

MCHI: ETF Inflow Alert
Thu, Apr 16, 10:54 AM ET, by ETF Channel

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

FEX, DO, HP, MRO: Large Outflows Detected at ETF
Thu, Apr 16, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: FEX, DO, HP, MRO Exchange traded funds (ETFs) trade just ...

CSX a Top Socially Responsible Dividend Stock With 2.2% Yield (CSX)
Thu, Apr 16, 9:44 AM ET, by ETF Channel

CSX Corp. (CSX) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, ...

WisdomTree Emerging Markets Equity Income Fund (DEM) Shares Cross Above 200 DMA
Wed, Apr 15, 4:14 PM ET, by ETF Channel

In trading on Wednesday, shares of the WisdomTree Emerging Markets Equity Income Fund ETF (DEM) ...

iShares MSCI Russia Capped Breaks Above 200-Day Moving Average - Bullish for ERUS
Wed, Apr 15, 4:14 PM ET, by ETF Channel

In trading on Wednesday, shares of the iShares MSCI Russia Capped ETF (ERUS) crossed above ...

ESR Makes Bullish Cross Above Critical Moving Average
Wed, Apr 15, 4:14 PM ET, by ETF Channel

In trading on Wednesday, shares of the iShares MSCI Emerging Markets Eastern Europe ETF (ESR) ...

ProShares Ultra Basic Materials (UYM) Shares Cross Above 200 DMA
Wed, Apr 15, 4:14 PM ET, by ETF Channel

In trading on Wednesday, shares of the ProShares Ultra Basic Materials ETF (UYM) crossed above ...

IYM Makes Bullish Cross Above Critical Moving Average
Wed, Apr 15, 4:14 PM ET, by ETF Channel

In trading on Wednesday, shares of the iShares U.S. Basic Materials ETF (IYM) crossed above ...

XHB, RYL, SPF, DHI: ETF Outflow Alert
Wed, Apr 15, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: XHB, RYL, SPF, DHI Exchange traded funds (ETFs) trade just ...

Guggenheim Shipping (SEA) Shares Cross Above 200 DMA
Wed, Apr 15, 10:54 AM ET, by ETF Channel

In trading on Wednesday, shares of the Guggenheim Shipping ETF (SEA) crossed above their 200 ...

10.3% of TWOK Holdings Seeing Recent Insider Buys
Wed, Apr 15, 9:44 AM ET, by ETF Channel

A look at the weighted underlying holdings of the SPDR Russell 2000 ETF (TWOK) shows ...

Chevron a Top Ranked SAFE Dividend Stock With 3.9% Yield (CVX)
Wed, Apr 15, 8:54 AM ET, by ETF Channel

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

Kroger Moves Up In Analyst Rankings, Passing Alliance Data Systems
Tue, Apr 14, 11:54 AM ET, by ETF Channel

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

KORU Crosses Above Key Moving Average Level
Tue, Apr 14, 11:14 AM ET, by ETF Channel

In trading on Tuesday, shares of the Daily South Korea Bull 3x Shares ETF (KORU) ...

EWS Makes Bullish Cross Above Critical Moving Average
Tue, Apr 14, 11:14 AM ET, by ETF Channel

In trading on Tuesday, shares of the iShares MSCI Singapore ETF (EWS) crossed above their ...

FXH, UTHR, PCYC, CNC: ETF Outflow Alert
Tue, Apr 14, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: FXH, UTHR, PCYC, CNC Exchange traded funds (ETFs) trade just ...

XOP, LPI, EPE, EXXI: ETF Inflow Alert
Tue, Apr 14, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: XOP, LPI, EPE, EXXI Exchange traded funds (ETFs) trade just ...

First Trust Technology AlphaDEX Fund Experiences Big Outflow
Tue, Apr 14, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: FXL, SNDK, SUNE, DST Exchange traded funds (ETFs) trade just ...

DTD, WMT, PEP, BMY: Large Outflows Detected at ETF
Tue, Apr 14, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: DTD, WMT, PEP, BMY Exchange traded funds (ETFs) trade just ...

First Trust Consumer Staples AlphaDEX Fund Experiences Big Outflow
Tue, Apr 14, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: FXG, PPC, STZ, WWAV Exchange traded funds (ETFs) trade just ...

XRT, DPLO, FIVE, RAD: Large Inflows Detected at ETF
Tue, Apr 14, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: XRT, DPLO, FIVE, RAD Exchange traded funds (ETFs) trade just ...

Old Republic International a Top Ranked SAFE Dividend Stock With 4.8% Yield (ORI)
Tue, Apr 14, 9:54 AM ET, by ETF Channel

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

16.6% of FXZ Holdings Seeing Recent Insider Buys
Tue, Apr 14, 9:44 AM ET, by ETF Channel

A look at the weighted underlying holdings of the First Trust Materials AlphaDEX Fund (FXZ) ...

10.9% of XSLV Holdings Seeing Recent Insider Buys
Tue, Apr 14, 9:44 AM ET, by ETF Channel

A look at the weighted underlying holdings of the PowerShares S&P SmallCap Low Volatility Portfolio ...

ENZL Makes Notable Cross Below Critical Moving Average
Mon, Apr 13, 3:54 PM ET, by ETF Channel

In trading on Monday, shares of the iShares MSCI New Zealand Capped ETF (ENZL) crossed ...

EDC: Large Outflows Detected at ETF
Mon, Apr 13, 10:54 AM ET, by ETF Channel

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

iShares MSCI Belgium Capped ETF Experiences Big Outflow
Mon, Apr 13, 10:54 AM ET, by ETF Channel

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

PEY, GAS, NWN, ED: Large Outflows Detected at ETF
Mon, Apr 13, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: PEY, GAS, NWN, ED Exchange traded funds (ETFs) trade just ...

QCOM a Top 25 Dividend Giant With $4.8B Held By ETFs
Mon, Apr 13, 9:44 AM ET, by ETF Channel

Qualcomm, Inc. (QCOM) has been named as a Top 25 ''Dividend Giant'' by ETF Channel, ...

T Named Top 25 SAFE Dividend Stock Increasing Payments For Decades
Mon, Apr 13, 9:44 AM ET, by ETF Channel

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

EWY Makes Bullish Cross Above Critical Moving Average
Fri, Apr 10, 4:44 PM ET, by ETF Channel

In trading on Friday, shares of the iShares MSCI South Korea Capped ETF (EWY) crossed ...

Williams Takes Over #19 Spot From Citigroup
Fri, Apr 10, 12:34 PM ET, by ETF Channel

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

GLD: Large Outflows Detected at ETF
Fri, Apr 10, 11:14 AM ET, by ETF Channel

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

JKF Crosses Above Key Moving Average Level
Fri, Apr 10, 11:14 AM ET, by ETF Channel

In trading on Friday, shares of the iShares Morningstar Large-Cap Value ETF (JKF) crossed above ...

  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 - 2015, 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 serious 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.