Besides the Nasdaq 100 index, there is another index that has shown excellent long-term returns. Historically, it generally achieves 100% returns over 5 years (doubling), which is the S&P Information Technology Index. The index funds tracking this index also yield considerable returns.
S&P Information Technology, the full name is S&P 500 Information Technology
The composition of this S&P information index differs significantly from the Nasdaq 100.
Let's study its constituent stocks and examine the index composition. It consists of 70 stocks in total:
- NVIDIA Corporation/ NVDA
- Apple Inc./ AAPL
- Microsoft Corporation/ MSFT
- Broadcom Inc./ AVGO
- Oracle Corporation/ ORCL
- Palantir Technologies Inc./ PLTR
- Advanced Micro Devices, Inc./ AMD
- Cisco Systems, Inc./ CSCO
- Micron Technology, Inc./ MU
- International Business Machines Corporation/ IBM
- Salesforce, Inc./ CRM
- Applovin Corporation/ APP
- Applied Materials, Inc./ AMAT
- Lam Research Corporation/ LRCX
- QUALCOMM Incorporated/ QCOM
- Intel Corporation/ INTC
- Intuit Inc./ INTU
- ServiceNow, Inc./ NOW
- Amphenol Corporation/ APH
- Accenture plc/ ACN
- Arista Networks, Inc./ ANET
- Texas Instruments Incorporated/ TXN
- KLA Corporation/ KLAC
- Adobe Inc./ ADBE
- Analog Devices, Inc./ ADI
- Palo Alto Networks, Inc./ PANW
- CrowdStrike Holdings, Inc./ CRWD
- Dell Technologies Inc./ DELL
- Cadence Design Systems, Inc./ CDNS
- Synopsys, Inc./ SNPS
- Corning Incorporated/ GLW
- TE Connectivity plc/ TEL
- Seagate Technology Holdings PLC/ STX
- Autodesk, Inc./ ADSK
- Western Digital Corporation/ WDC
- Motorola Solutions, Inc./ MSI
- Fortinet, Inc./ FTNT
- Workday, Inc./ WDAY
- NXP Semiconductors N.V./ NXPI
- Datadog, Inc./ DDOG
- Roper Technologies, Inc./ ROP
- Monolithic Power Systems, Inc./ MPWR
- Fair Isaac Corporation/ FICO
- Cognizant Technology Solutions Corporation/ CTSH
- Microchip Technology Incorporated/ MCHP
- Keysight Technologies Inc./ KEYS
- Sandisk Corporation/ SNDK
- Hewlett Packard Enterprise Company/ HPE
- Teradyne, Inc./ TER
- First Solar, Inc./ FSLR
- Jabil Inc./ JBL
- Teledyne Technologies Incorporated/ TDY
- HP Inc./ HPQ
- NetApp, Inc./ NTAP
- VeriSign, Inc./ VRSN
- ON Semiconductor Corporation/ ON
- PTC Inc./ PTC
- Super Micro Computer, Inc./ SMCI
- Trimble Inc./ TRMB
- Tyler Technologies, Inc./ TYL
- CDW Corporation/ CDW
- QQnity Electronics, Inc./ Q
- GoDaddy Inc./ GDDY
- Gen Digital Inc./ GEN
- Gartner, Inc./ IT
- F5, Inc./ FFIV
- Zebra Technologies Corporation/ ZBRA
- Akamai Technologies, Inc./ AKAM
- EPAM Systems, Inc./ EPAM
- Skyworks Solutions, Inc./ SWKS
Top 10 Weighted Stocks of S&P Information Technology
- NVIDIA 20.45%
- Microsoft Corporation 17.29%
- Apple Inc. 16.97%
- Broadcom Inc. 6.97%
- Oracle Corporation 2.09%
- Palantir Technologies 1.86%
- Cisco Systems 1.22%
- IBM Corporation 1.18%
- AMD 1.18%
- Salesforce 1.02%
Currently, it seems that a disadvantage of the S&P Information Technology Index is that it does not include Google (Alphabet Inc., GOOGL, GOOG). Why do I say that?
In this round of AI competition, NVIDIA is very strong, but Google is also a formidable competitor to NVIDIA. NVIDIA accounts for 20%, but Google is not included in the S&P Information Technology Index at all, which is completely unreasonable.
As the infrastructure for humanity worldwide, something that everyone uses daily, Google is竟然 not included in the index.
However, in the S&P 500 index, Google is generally included in the S&P 500 index.
Moreover, in the Nasdaq 100 index, Google is also included as a constituent stock of the index.
This is somewhat regrettable for the S&P Information Technology Index.
Interestingly, the returns of Nasdaq 100 index funds generally underperform the performance of the S&P Information Technology Index, which is quite strange.
Note: This is data from December 2025. As time passes, the index composition will change and constituent stocks will be replaced. If a significant amount of time has passed, please search for the latest information online promptly.