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

SBM Makes Bullish Cross Above Critical Moving Average
Thu, Jul 2, 4:14 PM ET, by ETF Channel

In trading on Thursday, shares of the ProShares Short Basic Materials ETF (SBM) crossed above ...

RTM Crosses Critical Technical Indicator
Thu, Jul 2, 3:54 PM ET, by ETF Channel

In trading on Thursday, shares of the Guggenheim S&P 500 Equal Weight Materials ETF (RTM) ...

SPDR S&P Telecom (XTL) Enters Oversold Territory
Thu, Jul 2, 3:54 PM ET, by ETF Channel

In trading on Thursday, shares of the SPDR S&P Telecom ETF (XTL) entered into oversold ...

Akamai Technologies Takes Over #104 Spot From AMETEK
Thu, Jul 2, 11:54 AM ET, by ETF Channel

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

See How Coca-Cola Ranks Among Analysts' Top Dow 30 Picks
Thu, Jul 2, 11:54 AM ET, by ETF Channel

A study of analyst recommendations at the major brokerages shows that Coca-Cola Co (KO) is ...

VCIT: Large Inflows Detected at ETF
Thu, Jul 2, 11:34 AM ET, by ETF Channel

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

IBB, CELG, AMGN, REGN: Large Inflows Detected at ETF
Thu, Jul 2, 11:34 AM ET, by ETF Channel

Symbols mentioned in this story: IBB, CELG, AMGN, REGN Exchange traded funds (ETFs) trade just ...

XME, RGLD, STLD, CMP: ETF Outflow Alert
Thu, Jul 2, 11:24 AM ET, by ETF Channel

Symbols mentioned in this story: XME, RGLD, STLD, CMP Exchange traded funds (ETFs) trade just ...

DRV Makes Notable Cross Below Critical Moving Average
Thu, Jul 2, 11:14 AM ET, by ETF Channel

In trading on Thursday, shares of the Daily Real Estate Bear 3x Shares ETF (DRV) ...

AAIT Makes Notable Cross Below Critical Moving Average
Thu, Jul 2, 11:14 AM ET, by ETF Channel

In trading on Thursday, shares of the iShares MSCI All Country Asia Information Technology ETF ...

FVD, DE, CBRL, CFR: Large Outflows Detected at ETF
Thu, Jul 2, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: FVD, DE, CBRL, CFR Exchange traded funds (ETFs) trade just ...

MDY, AAP, CHD, CNC: ETF Outflow Alert
Thu, Jul 2, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: MDY, AAP, CHD, CNC Exchange traded funds (ETFs) trade just ...

VNM Makes Bullish Cross Above Critical Moving Average
Thu, Jul 2, 11:14 AM ET, by ETF Channel

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

Blackrock a Top Socially Responsible Dividend Stock With 2.5% Yield (BLK)
Thu, Jul 2, 9:24 AM ET, by ETF Channel

Blackrock Incorporated (BLK) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, ...

Vanguard Energy Getting Very Oversold
Wed, Jul 1, 4:14 PM ET, by ETF Channel

In trading on Wednesday, shares of the Vanguard Energy ETF (VDE) entered into oversold territory, ...

Shares of IYE Now Oversold
Wed, Jul 1, 4:14 PM ET, by ETF Channel

In trading on Wednesday, shares of the iShares U.S. Energy ETF (IYE) entered into oversold ...

IFV Crosses Critical Technical Indicator
Wed, Jul 1, 4:14 PM ET, by ETF Channel

In trading on Wednesday, shares of the First Trust Dorsey Wright International Focus 5 ETF ...

XES Crowded With Sellers
Wed, Jul 1, 4:14 PM ET, by ETF Channel

In trading on Wednesday, shares of the SPDR S&P Oil & Gas Equipment & Services ...

Shares of EPOL Now Oversold
Wed, Jul 1, 4:14 PM ET, by ETF Channel

In trading on Wednesday, shares of the iShares MSCI Poland Capped ETF (EPOL) entered into ...

Shares of ELD Now Oversold
Wed, Jul 1, 4:14 PM ET, by ETF Channel

In trading on Wednesday, shares of the WisdomTree Emerging Markets Local Debt Fund ETF (ELD) ...

Oil Services Getting Very Oversold
Wed, Jul 1, 4:14 PM ET, by ETF Channel

In trading on Wednesday, shares of the Oil Services ETF (OIH) entered into oversold territory, ...

Shares of GDXJ Now Oversold
Wed, Jul 1, 4:14 PM ET, by ETF Channel

In trading on Wednesday, shares of the Junior Gold Miners ETF (GDXJ) entered into oversold ...

SPDR S&P Oil & Gas Exploration & Production Getting Very Oversold
Wed, Jul 1, 4:14 PM ET, by ETF Channel

In trading on Wednesday, shares of the SPDR S&P Oil & Gas Exploration & Production ...

iShares U.S. Oil Equipment & Services Getting Very Oversold
Wed, Jul 1, 4:14 PM ET, by ETF Channel

In trading on Wednesday, shares of the iShares U.S. Oil Equipment & Services ETF (IEZ) ...

HGI Crowded With Sellers
Wed, Jul 1, 3:54 PM ET, by ETF Channel

In trading on Wednesday, shares of the Guggenheim International Multi-Asset Income ETF (HGI) entered into ...

Shares of PSCE Now Oversold
Wed, Jul 1, 3:54 PM ET, by ETF Channel

In trading on Wednesday, shares of the PowerShares S&P SmallCap Energy Portfolio ETF (PSCE) entered ...

See How Merck Ranks Among Analysts' Top Dow 30 Picks
Wed, Jul 1, 11:54 AM ET, by ETF Channel

A study of analyst recommendations at the major brokerages shows that Merck & Co., Inc ...

TNA: Large Inflows Detected at ETF
Wed, Jul 1, 11:34 AM ET, by ETF Channel

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

PDP, ORLY, DPZ, DDS: Large Inflows Detected at ETF
Wed, Jul 1, 11:34 AM ET, by ETF Channel

Symbols mentioned in this story: PDP, ORLY, DPZ, DDS Exchange traded funds (ETFs) trade just ...

Energy Select Sector SPDR Fund Experiences Big Outflow
Wed, Jul 1, 11:34 AM ET, by ETF Channel

Symbols mentioned in this story: XLE, KMI, EOG, WMB Exchange traded funds (ETFs) trade just ...

Guggenheim S&P 500 Equal Weight ETF Experiences Big Outflow
Wed, Jul 1, 11:34 AM ET, by ETF Channel

Symbols mentioned in this story: RSP, CI, CAG, ALXN Exchange traded funds (ETFs) trade just ...

Materials Select Sector SPDR Fund Experiences Big Outflow
Wed, Jul 1, 11:24 AM ET, by ETF Channel

Symbols mentioned in this story: XLB, DOW, MON, LYB Exchange traded funds (ETFs) trade just ...

HYEM Crosses Below Key Moving Average Level
Wed, Jul 1, 11:14 AM ET, by ETF Channel

In trading on Wednesday, shares of the Emerging Markets High Yield Bond ETF (HYEM) crossed ...

Shares of PXJ Now Oversold
Wed, Jul 1, 11:14 AM ET, by ETF Channel

In trading on Wednesday, shares of the PowerShares Dynamic Oil & Gas Services Portfolio ETF ...

14.1% of FNK Holdings Seeing Recent Insider Buys
Wed, Jul 1, 9:44 AM ET, by ETF Channel

A look at the weighted underlying holdings of the First Trust Mid Cap Value AlphaDEX ...

WMT a Top 25 Dividend Giant With $3.67B Held By ETFs
Wed, Jul 1, 8:24 AM ET, by ETF Channel

Wal-Mart Stores, Inc. (WMT) has been named as a Top 25 ''Dividend Giant'' by ETF ...

Why Sysco is a Top 25 SAFE Dividend Stock (SYY)
Wed, Jul 1, 8:24 AM ET, by ETF Channel

Sysco Corp. (SYY) has been named to the Dividend Channel ''S.A.F.E. ...

APD Named A Top Socially Responsible Dividend Stock
Wed, Jul 1, 8:24 AM ET, by ETF Channel

Air Products & Chemicals, Inc. (APD) has been named a Top Socially Responsible Dividend Stock ...

Short High-Yield Municipal Index (SHYD) Enters Oversold Territory
Tue, Jun 30, 4:14 PM ET, by ETF Channel

In trading on Tuesday, shares of the Short High-Yield Municipal Index ETF (SHYD) entered into ...

Shares of DOO Now Oversold
Tue, Jun 30, 4:14 PM ET, by ETF Channel

In trading on Tuesday, shares of the WisdomTree International Dividend ex-Financials Fund ETF (DOO) entered ...

Silver Miners Getting Very Oversold
Tue, Jun 30, 4:14 PM ET, by ETF Channel

In trading on Tuesday, shares of the Silver Miners ETF (SIL) entered into oversold territory, ...

EMLP Crowded With Sellers
Tue, Jun 30, 4:14 PM ET, by ETF Channel

In trading on Tuesday, shares of the First Trust North American Energy Infrastructure Fund ETF ...

Shares of EEHB Now Oversold
Tue, Jun 30, 4:14 PM ET, by ETF Channel

In trading on Tuesday, shares of the PowerShares S&P Emerging Markets High Beta Portfolio ETF ...

Copper Miners Getting Very Oversold
Tue, Jun 30, 4:14 PM ET, by ETF Channel

In trading on Tuesday, shares of the Copper Miners ETF (COPX) entered into oversold territory, ...

FEP Makes Notable Cross Below Critical Moving Average
Tue, Jun 30, 3:54 PM ET, by ETF Channel

In trading on Tuesday, shares of the First Trust Europe AlphaDEX Fund ETF (FEP) crossed ...

PBP Makes Notable Cross Below Critical Moving Average
Tue, Jun 30, 3:54 PM ET, by ETF Channel

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

Molson Coors Brewing Moves Up In Analyst Rankings, Passing Reynolds American
Tue, Jun 30, 11:54 AM ET, by ETF Channel

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

IJT, SKX, PRXL, TTC: Large Inflows Detected at ETF
Tue, Jun 30, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: IJT, SKX, PRXL, TTC Exchange traded funds (ETFs) trade just ...

SSO, AES, AET, AMG: Large Outflows Detected at ETF
Tue, Jun 30, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: SSO, AES, AET, AMG Exchange traded funds (ETFs) trade just ...

FXG, PPC, WWAV, WBA: Large Inflows Detected at ETF
Tue, Jun 30, 11:14 AM ET, by ETF Channel

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

  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.