- CFA Exams
- CFA Level I Exam
- Topic 5. Equity Investments
- Learning Module 2. Security Market Indexes
- Subject 4. Different Types of Security Market Indices
CFA Practice Question
Which of the following categories of stocks cannot be found in the S&P 500 Index?
B. Financial
C. Transportation
D. Utility
E. None of the above
A. Industrial
B. Financial
C. Transportation
D. Utility
E. None of the above
Correct Answer: E
The Standard and Poor's 500 Index includes 400 industrial companies, 20 transportations, 40 utilities, and 40 financials, which all add up to a composite index of 500 common stocks.
User Contributed Comments 3
| User | Comment |
|---|---|
| cong | 500 means 500 stocks. |
| fmhp | so the above categories are represented,no? |
| fanDango | fmhp: Correct. The S&P 500 includes all of those sectors. |