And, at around 22% of the S&P 500 Index, technology stocks in the U.S. have a larger weighting than 5 sectors (Consumer Staples, Utilities, Energy, Real Estate and Basic Materials)...combined! This is a chart of the S&P 500 technology sector and all of the stocks that are not in the tech sector. But as you can see, if you extract the tech sector from the S&P 500, the rest of the index has advanced less than 5% in over 28 months. XLK_TDIV_chart Ycharts.comTake away those no-yield stocks, and the rest of the group has gained only 1/3 of the total tech sector. That means that the no-yield tech stocks have gained WAY more than 47% in 28 months.

Source: Forbes June 07, 2020 12:56 UTC