Technology Sector Overview
The Technology Sector encompasses companies involved in designing, developing, and supporting computer operating systems and applications. This sector also includes firms that manufacture computer equipment, data storage products, networking products, semiconductors, and components. Major companies in this sector include Apple, Microsoft, and IBM.
Market Performance
- Market Cap: 18.012T
- Market Weight: 28.31%
- Number of Industries: 12
- Number of Companies: 810
Sector Performance
The Technology Sector has shown varied performance across different time frames:
- 1-Day Return: 0.02% (S&P 500), 0.07% (Sector)
- 7.83% (S&P 500), 4.18% (Sector) – No time frame specified
- 13.51% (S&P 500), 9.10% (Sector) – No time frame specified
- 72.94% (S&P 500), 37.27% (Sector) – No time frame specified
- 155.40% (S&P 500), 93.16% (Sector) – No time frame specified
Industry Breakdown
The sector is divided into various industries, each with its market weight and Year-to-Date (YTD) return:
- All Industries: 100.00% market weight, -7.83% YTD return
- Software – Infrastructure: 27.93% market weight, 0.58% YTD return
- Semiconductors: 27.20% market weight, -12.31% YTD return
- Consumer Electronics: 16.47% market weight, -21.68% YTD return
- Software – Application: 14.48% market weight, 3.18% YTD return
- Information Technology Services: 4.80% market weight, -2.45% YTD return
- Communication Equipment: 2.37% market weight, -4.45% YTD return
- Semiconductor Equipment & Materials: 2.08% market weight, -4.72% YTD return
- Computer Hardware: 1.81% market weight, -15.44% YTD return
- Electronic Components: 1.49% market weight, 4.01% YTD return
- Scientific & Technical Instruments: 1.00% market weight, -6.65% YTD return
- Solar: 0.20% market weight, -13.42% YTD return
- Electronics & Computer Distribution: 0.15% market weight, -3.78% YTD return
Top Companies
Some of the top companies in the Technology Sector include:
- Microsoft Corporation (MSFT): 18.49% market weight, 3.262T market cap, +0.12% day change, +4.08% YTD return
- Apple Inc. (AAPL): 17.01% market weight, 3.001T market cap, +0.53% day change, -20.72% YTD return
- NVIDIA Corporation (NVDA): 16.19% market weight, 2.857T market cap, -0.62% day change, -13.14% YTD return
Investment Options
Investors can gain exposure to the Technology Sector through various ETFs and mutual funds, such as:
- VGT Vanguard Information Tech ETF
- XLK SPDR Select Sector Fund – Techn
- SMH VanEck Semiconductor ETF
- IYW iShares U.S. Technology ETF
- FTEC Fidelity MSCI Information Techn
Recent News and Analysis
Recent news includes First Solar’s thin-film solar module manufacturing, Twilio’s cloud-based communications platform, and EchoStar’s satellite television and wireless network expansion. Analyst research and technical analysis are available for companies like Palantir, NVIDIA, and Microsoft.
