Equilar Institute

Equilar 500

The Equilar 500 is an index composed of the largest companies by revenue trading on one of the major U.S. stock exchanges—NYSE, Nasdaq or NYSE American (formerly AMEX)—adjusted to approximate the industry sector mix of similar large-cap indices. Limiting the cutoff to any company that filed a proxy statement (DEF 14A) or disclosed compensation information in an amended 10-K filing (10-K/A) between May 1, 2017 and April 30, 2018, Equilar then ranked the companies by reported revenue related to the fiscal year of the appropriate proxy filing and filtered by the stock exchange they traded on as of April 30, 2018. After examining other large-cap indices and analyzing the industry distribution, we adjusted the top 500 companies by removing companies in industries that were overly weighted and adding companies in industries that were underrepresented.

The Equilar 500 includes companies the following industries:

Sector	Count	Percentage
Services	103	20.6%
Financial	88	17.6%
Consumer Goods	67	13.4%
Technology	65	13.0%
Healthcare	52	10.4%
Basic Materials	51	10.2%
Industrial Goods	45	9.0%
Utilities	27	5.4%
Conglomerates	2	0.4%

The Equilar 100 is a subset of the Equilar 500, consisting of the top 100 companies, by revenue, within the Equilar 500.

The Equilar 100 comprises companies in the following industries:

Sector	Count	Percentage
Services	24	24%
Financial	15	15%
Healthcare	14	14%
Technology	14	14%
Consumer Goods	12	12%
Basic Materials	11	11%
Industrial Goods	9	9%
Utilities	1	1%
Conglomerates	0	0%