The shape of the universe
As of 23 October 2026 the tracked universe spans 2,411 companies across eight sectors. By headcount the distribution is lopsided toward growth and cyclicals: Technology leads with 651 names (~27%), followed by Industrials (461, ~19%) and Healthcare (398, ~16%). Basic Materials (344, ~14%) rounds out the heavyweight tier. The remaining four sectors — Consumer Cyclical (175), Financials (144), Energy (143) and Communication Services (95) — together make up less than a quarter of the list.
That ordering tells you something about where listings cluster: software, semiconductors, machinery and miners generate a long tail of individual tickers, while banks, insurers and telecoms consolidate into fewer, larger entities.
Who the anchors are
Each sector is anchored by names most investors will recognise. Technology carries Apple, Microsoft, NVIDIA, AMD, Salesforce and Intel. Communication Services, though smallest by count, holds the heaviest hitters per name — Alphabet, Meta, Netflix, Disney and Tencent. Healthcare leans on Johnson & Johnson, UnitedHealth and AbbVie; Financials on Berkshire Hathaway, JPMorgan, Visa, Mastercard and Bank of America; Energy on Exxon, Shell and Reliance Industries; Consumer Cyclical on Amazon, Tesla, Home Depot and Alibaba.
The long tails are more exotic. Basic Materials and Industrials pull in small-cap miners and manufacturers listed across Hong Kong, Toronto, Australian, Venture and Taiwanese exchanges — Galantas Gold, Novo Resources, Xiamen Solex, Arch Meter. The universe is genuinely global, and much of its breadth sits well below the mega-cap line.
A note on the market-cap figures
Here professional honesty matters. The reported sector market-cap totals do not hold together. Financials is listed at roughly $159 trillion and Basic Materials at ~$47 trillion — figures larger than Technology's ~$23 trillion despite those sectors being dominated, in the samples, by banks and small miners. Numbers of that magnitude exceed the entire world's listed equity value, so they are almost certainly corrupted by currency mix-ups or aggregation errors rather than reflecting real weight. Treat the cap totals as suspect and lean on company counts, which are internally consistent. Fixing that aggregation is a worthwhile backlog item.
What an investor might watch
Three things stand out. First, the universe is concentration-prone: Communication Services packs enormous value into 95 names, so a handful of tickers can swing its aggregate. Second, the cyclical tilt — Industrials plus Basic Materials plus Energy is nearly 40% of names — means the list is sensitive to the global growth and commodity cycle, not just the software narrative. Third, the cross-listing noise (Tesla appearing as TL0.F and TL0.DE, Alphabet as GOOGL and GOOG, Novo and Obsidian on multiple venues) inflates counts slightly; de-duplicating would sharpen any sector-weight analysis.
For now the headline is simple: this is a tech- and industry-heavy, globally sourced universe — and its structure, not its reported dollar totals, is the trustworthy starting point.