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SPXT - Financials (Again) - Great Rally In The 4th Quarter
ProShares S&P 500 Ex-Technology
As a percentage of the S&P 500's market cap, the Financial sector fell to below 10% to 9.9% of the S&P 500's market cap this summer, down from a 20% just prior to the real estate sector being spun out of the index as its own sector in September 2016.
As of last Friday, November 20, 2020, the market cap weight of the Financial sector had risen to 10.3% of the S&P 500's market cap, still pretty low relative to its historical weight.