A universe built on technology and the industrial economy
As of August 1, 2026, the tracked universe spans 1,821 companies across eight sectors, and the distribution is far from even. Technology alone accounts for 527 names — roughly 29% of everything we follow — led by the familiar quartet of Apple, Microsoft, NVIDIA, and AMD, alongside Salesforce and Intel. Behind it sit two pillars of the "real" economy: Industrials (359 companies) and Healthcare (307). Together, these top three sectors make up about two-thirds of the entire list.
Industrials is the most eclectic of the group. It stretches from blue-chip Honeywell to shipping operator ZIM, eVTOL hopeful Archer Aviation, electrification play nVent, and instrument makers listed in Xiamen and Taiwan. Healthcare pairs anchors like Johnson & Johnson, UnitedHealth, and AbbVie with smaller, more speculative names such as GoodRx and a scattering of Asian biotech.
Count is not the same as weight
A sector's headcount says little about the money behind it. Communication Services holds just 73 companies, yet it captures Alphabet, Meta, Netflix, Disney, and Tencent — some of the largest businesses on Earth. Consumer Cyclical is similarly top-heavy: only 136 names, but among them Amazon, Tesla, Home Depot, and Alibaba. Financials, at 108 companies, quietly contains Berkshire Hathaway, JPMorgan, Visa, Mastercard, and Bank of America.
The lesson for anyone scanning the list: the long tail of tickers in a sector reflects breadth, not concentration. A few mega-caps can dominate a sector's actual market value while numerically they're a rounding error.
A global, heavily cross-listed map
This is not a US-only universe. Tickers trace back to Shanghai, Hong Kong, Taiwan, Seoul, Toronto, Sydney, London, Frankfurt, and Mumbai. That global reach comes with a caveat worth flagging: many companies appear more than once. Alphabet shows up as both GOOGL and GOOG; Tesla as TL0.F and TL0.DE in Germany; Novo Resources across Toronto and Australia; Obsidian Energy and Galantas Gold across multiple venues.
Because of these duplicate listings — and the mix of reporting currencies behind them — the raw aggregate market-cap totals in the feed should be read with heavy skepticism. Basic Materials, Financials, and Energy show sums that are implausibly large relative to their modest company counts, a classic symptom of cross-listing double-counting and currency mismatch. Treat company counts as the reliable composition signal here; treat the summed market caps as noise.
What an investor might watch
Three things stand out. First, the sheer weight of Technology means the universe will rise and fall with semiconductors and software — Apple, Microsoft, and NVIDIA are effectively its center of gravity. Second, Industrials is where the interesting new economy hides: electrification, aviation, and global logistics sit here rather than in tech. Third, the thinner sectors — Energy (101), Financials (108) — are where a few dominant incumbents like Exxon, Shell, Berkshire, and Visa carry outsized influence.
The composition tells a clear story: a broad, global, tech-tilted universe whose true market weight is far more concentrated than its 1,821-name breadth suggests.