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

VDC Crosses Above Key Moving Average Level
Tue, Jan 24, 4:14 PM ET, by ETF Channel

In trading on Tuesday, shares of the Vanguard Consumer Staples ETF (VDC) crossed above their ...

Biotech (BBH) Shares Cross Below 200 DMA
Tue, Jan 24, 11:24 AM ET, by ETF Channel

In trading on Tuesday, shares of the Biotech ETF (BBH) crossed below their 200 day ...

XBI, ARIA, CLVS, EXAS: Large Outflows Detected at ETF
Tue, Jan 24, 11:24 AM ET, by ETF Channel

Symbols mentioned in this story: XBI, ARIA, CLVS, EXAS Exchange traded funds (ETFs) trade just ...

IVE, T, WFC, CSCO: ETF Inflow Alert
Tue, Jan 24, 11:24 AM ET, by ETF Channel

Symbols mentioned in this story: IVE, T, WFC, CSCO Exchange traded funds (ETFs) trade just ...

HEDJ: Large Outflows Detected at ETF
Tue, Jan 24, 11:24 AM ET, by ETF Channel

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

INDY Makes Bullish Cross Above Critical Moving Average
Tue, Jan 24, 11:24 AM ET, by ETF Channel

In trading on Tuesday, shares of the iShares India 50 ETF (INDY) crossed above their ...

IUSV, AXP, MET, BLK: ETF Outflow Alert
Tue, Jan 24, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: IUSV, AXP, MET, BLK Exchange traded funds (ETFs) trade just ...

EWZ: Large Inflows Detected at ETF
Tue, Jan 24, 11:14 AM ET, by ETF Channel

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

iShares Global Infrastructure ETF Experiences Big Inflow
Tue, Jan 24, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: IGF, KMI, SE, MIC Exchange traded funds (ETFs) trade just ...

HYG: ETF Outflow Alert
Tue, Jan 24, 11:14 AM ET, by ETF Channel

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

VEU, NSRGY, NVS, RY: Large Inflows Detected at ETF
Tue, Jan 24, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: VEU, NSRGY, NVS, RY Exchange traded funds (ETFs) trade just ...

VB, FANG, SIVB, HII: ETF Inflow Alert
Tue, Jan 24, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: VB, FANG, SIVB, HII Exchange traded funds (ETFs) trade just ...

Fidelity Southern Reaches Analyst Target Price
Tue, Jan 24, 9:24 AM ET, by ETF Channel

In recent trading, shares of Fidelity Southern Corp (LION) have crossed above the average analyst ...

Strange: Bullish NGL Analysts Actually See -7.64% Downside
Tue, Jan 24, 9:24 AM ET, by ETF Channel

Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a ...

Yelp Reaches Analyst Target Price
Tue, Jan 24, 9:24 AM ET, by ETF Channel

In recent trading, shares of Yelp Inc (YELP) have crossed above the average analyst 12-month ...

TEL Crosses Above Average Analyst Target
Tue, Jan 24, 9:24 AM ET, by ETF Channel

In recent trading, shares of TE Connectivity Ltd (TEL) have crossed above the average analyst ...

MPWR Crosses Above Average Analyst Target
Tue, Jan 24, 9:24 AM ET, by ETF Channel

In recent trading, shares of Monolithic Power Systems Inc (MPWR) have crossed above the average ...

Ixia Reaches Analyst Target Price
Tue, Jan 24, 9:24 AM ET, by ETF Channel

In recent trading, shares of Ixia (XXIA) have crossed above the average analyst 12-month target ...

The RSO Paradox: Analysts Bearish But Forecast 33.66% Gains
Tue, Jan 24, 9:24 AM ET, by ETF Channel

Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a ...

The PFBC Paradox: Analysts Bullish But Forecast -2.67% Fall
Tue, Jan 24, 9:24 AM ET, by ETF Channel

Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a ...

The Math Shows PJP Can Go To $70
Tue, Jan 24, 9:14 AM ET, by ETF Channel

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

Analysts Expect ACTX To Hit $16
Tue, Jan 24, 9:14 AM ET, by ETF Channel

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

Blackrock Moves Up In Analyst Rankings, Passing Crown Castle International
Mon, Jan 23, 12:14 PM ET, by ETF Channel

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

KBWB: ETF Inflow Alert
Mon, Jan 23, 11:14 AM ET, by ETF Channel

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

KIE, PGR, RNR, WRB: Large Inflows Detected at ETF
Mon, Jan 23, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: KIE, PGR, RNR, WRB Exchange traded funds (ETFs) trade just ...

XRT, LTRPA, W, TRIP: ETF Outflow Alert
Mon, Jan 23, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: XRT, LTRPA, W, TRIP Exchange traded funds (ETFs) trade just ...

XLU, DUK, EXC, AEP: ETF Outflow Alert
Mon, Jan 23, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: XLU, DUK, EXC, AEP Exchange traded funds (ETFs) trade just ...

VCIT: Large Outflows Detected at ETF
Mon, Jan 23, 11:14 AM ET, by ETF Channel

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

Why Procter & Gamble is a Top Socially Responsible Dividend Stock (PG)
Mon, Jan 23, 9:14 AM ET, by ETF Channel

Procter & Gamble Co. (PG) has been named a Top Socially Responsible Dividend Stock by ...

iShares 0-5 Year TIPS Bond ETF Experiences Big Inflow
Fri, Jan 20, 11:14 AM ET, by ETF Channel

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

ITOT, INTC, WMT, BMY: Large Inflows Detected at ETF
Fri, Jan 20, 11:14 AM ET, by ETF Channel

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

IVV, MSFT, AMZN, JPM: Large Inflows Detected at ETF
Fri, Jan 20, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: IVV, MSFT, AMZN, JPM Exchange traded funds (ETFs) trade just ...

IYH, BIIB, DHR, ESRX: Large Outflows Detected at ETF
Fri, Jan 20, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: IYH, BIIB, DHR, ESRX Exchange traded funds (ETFs) trade just ...

IHI, MDT, ABT, TMO: ETF Inflow Alert
Fri, Jan 20, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: IHI, MDT, ABT, TMO Exchange traded funds (ETFs) trade just ...

ITA, UTX, RTN, NOC: Large Inflows Detected at ETF
Fri, Jan 20, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: ITA, UTX, RTN, NOC Exchange traded funds (ETFs) trade just ...

Semiconductor ETF Experiences Big Outflow
Fri, Jan 20, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: SMH, TSM, ASML, MU Exchange traded funds (ETFs) trade just ...

iShares International Select Dividend ETF Experiences Big Inflow
Fri, Jan 20, 10:54 AM ET, by ETF Channel

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

iShares U.S. Industrials ETF Experiences Big Inflow
Fri, Jan 20, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: IYJ, HON, CAT, ITW Exchange traded funds (ETFs) trade just ...

ProShares UltraPro QQQ Experiences Big Outflow
Fri, Jan 20, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: TQQQ, KHC, CHTR, REGN Exchange traded funds (ETFs) trade just ...

XOP, CWEI, NBL, PE: ETF Outflow Alert
Fri, Jan 20, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: XOP, CWEI, NBL, PE Exchange traded funds (ETFs) trade just ...

PBCT Named Top 25 SAFE Dividend Stock Increasing Payments For Decades
Fri, Jan 20, 8:14 AM ET, by ETF Channel

People's United Financial Inc (PBCT) has been named to the Dividend Channel ''S.A.F.E. 25'' list, ...

AOM Crosses Below Key Moving Average Level
Thu, Jan 19, 4:14 PM ET, by ETF Channel

In trading on Thursday, shares of the iShares Core Moderate Allocation ETF (AOM) crossed below ...

Western Digital Takes Over #79 Spot From CVS Health
Thu, Jan 19, 11:54 AM ET, by ETF Channel

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

EWJ: Large Outflows Detected at ETF
Thu, Jan 19, 10:54 AM ET, by ETF Channel

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

SPLV, D, SO, DTE: Large Outflows Detected at ETF
Thu, Jan 19, 10:54 AM ET, by ETF Channel

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

iShares Transportation Average ETF Experiences Big Inflow
Thu, Jan 19, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: IYT, NSC, UNP, JBHT Exchange traded funds (ETFs) trade just ...

We Did The Math QQQ Can Go To $136
Thu, Jan 19, 9:44 AM ET, by ETF Channel

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

10.5% of XLY Holdings Seeing Recent Insider Buys
Thu, Jan 19, 9:44 AM ET, by ETF Channel

A look at the weighted underlying holdings of the Consumer Discretionary Select Sector SPDR Fund ...

WDAY Crosses Above Average Analyst Target
Thu, Jan 19, 9:34 AM ET, by ETF Channel

In recent trading, shares of Workday Inc (WDAY) have crossed above the average analyst 12-month ...

Tile Shop Holdings Reaches Analyst Target Price
Thu, Jan 19, 9:34 AM ET, by ETF Channel

In recent trading, shares of Tile Shop Holdings Inc (TTS) have crossed above the average ...

  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 - 2017, 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.