S&P 500 · NASDAQ 100
SPX · NDX · USD
The deepest, most liquid capital market on Earth.
The U.S. equity market is the cornerstone of global finance — home to global businesses, the reserve currency, and a deep pool of institutional capital. The S&P 500 tracks large U.S. companies across sectors, while the NASDAQ 100 tracks the largest non-financial companies listed on Nasdaq, with a heavier technology and growth-company exposure.
Sector breakdown
What drives the index
Technology
31%Mega-cap platforms, semis, software, AI infrastructure.
Healthcare
12%Global pharma, biotech innovation, medical devices.
Financials
13%Universal banks, payments rails, insurers, asset managers.
Consumer
17%Discretionary giants and defensive staples worldwide.
Energy
Oil and gas producers, refiners and energy services.
Industrials
Aerospace, defence, railways and industrial equipment.
Top companies
The franchises that matter
Apple
World's most valuable consumer brand.
Microsoft
Cloud + AI duopoly leader with Azure & OpenAI.
Nvidia
AI compute monopoly — datacenter GPU king.
Alphabet
Search, YouTube, Android, Waymo.
Berkshire Hathaway
Buffett's compounding machine.
Amazon
Online retail leader and owner of AWS.
Latest News
The U.S. represents ~60% of global equity market cap with only ~4% of world population.
The NASDAQ 100 excludes financial companies and is not a pure technology index.
Apple alone is worth more than the entire stock market of Germany.
- Rule of law & shareholder rights
- Reserve currency funding
- World-class innovation ecosystem
- High valuations vs. history
- Mega-cap concentration
- Political & fiscal polarization
Keep exploring
Other markets we cover
See how we invest globally
Explore the ZIIX public portfolio across these markets.