S&P 493 surpasses Mag 7 and S&P 500 performance, Ben Carlson notes

Traders Union
All News
Market Voices
S&P 493 leads S&P 500 and Mag 7

Top Stories

Editors' Picks

Stocks

Crypto

Economics

Currencies

Commodities

Market Voices

Companies

04.06.2026

S&P 493 surpasses Mag 7 and S&P 500 performance, Ben Carlson notes — S&P 493 leads S&P 500 and Mag 7

Ben Carlson, director of institutional asset management and CFA at Ritholtz Wealth Management, points to a notable market shift in 2024. According to Carlson, the S&P 493 has delivered stronger returns than both the S&P 500 and the Mag 7 so far this year, with the Mag 7 lagging behind the broader index.

The observations, described as a "crazy but true chart of the day," underline unique performance trends among key segments of the U.S. equities market.

Loading...

The tweet was deleted by the author.

But we saved everything 🙂.

Carlson has previously tracked notable performance divergences in global markets. He reported that South Korea outpaced the S&P 500 over the past decade, with much of the gain driven by recent returns. Carlson has also highlighted questions raised by rising long bond yields regarding debt risk and yield curve normalization.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

Did you like the article?

Editor's Picks for You

U.S. Bitcoin reserve: Trump’s unrealized crypto promise

By Anastasiia Chabaniuk
17 hours ago

U.S. Bitcoin reserve: Trump’s unrealized crypto promise

Editors' Picks

Aiming for leadership: Payment giants prepare a new stablecoin

By Mikhail Vnuchkov
Yesterday

Aiming for leadership: Payment giants prepare a new stablecoin

Editors' Picks

Proof of Reserves: the new standard for cryptocurrency exchanges

By Pavlo Kot
04.07.2026

Proof of Reserves: the new standard for cryptocurrency exchanges

Editors' Picks

All Editors' Top Picks

Latest Ben Carlson News

S&P 493 outperforms Mag 7 and S&P 500 this year, Ben Carlson notes

By Oleg Tkachenko
Yesterday

S&P 493 outperforms Mag 7 and S&P 500 this year, Ben Carlson notes

Market Voices

Ben Carlson: Leverage and passive income drive stock rally as recession fears ease

By Ivan Andriyenko
01.07.2026

Ben Carlson: Leverage and passive income drive stock rally as recession fears ease

Market Voices

Retail option trading volumes hit new records in May and June, Ben Carlson notes

By Hlib Chabaniuk
29.06.2026

Retail option trading volumes hit new records in May and June, Ben Carlson notes

Market Voices

All Ben Carlson News

Anastasiia Chabaniuk
17 hours ago

U.S. Bitcoin reserve: Trump’s unrealized crypto promise

Mikhail Vnuchkov
Yesterday

Aiming for leadership: Payment giants prepare a new stablecoin

Pavlo Kot
04.07.2026

Proof of Reserves: the new standard for cryptocurrency exchanges

Eugene Komchuk
03.07.2026

Three trends that could reshape the crypto market over the next decade

Oleg Tkachenko
02.07.2026

Trump financial disclosure: How the president's crypto income became a U.S. ethics issue

Daria Chernytska
11 min ago

Vugar Usi Zade: Altcoins remain integral to crypto culture amid bear market

Yaroslav Dmytrenko
21 min ago

James E. Thorne: Bitcoin seen as backbone of new on-chain financial system

Hanna Syniavska
41 min ago

Anndy Lian: Digital collaboration between India and Indonesia could be a proof of concept for Global South

Elena Nikulina
41 min ago

Brian Shannon: SMH needs to undercut 6/9 low for stronger bounce

Oleg Tkachenko
1 hour ago

Oil soars over 2 percent after U.S. strikes Iran, Andreas Steno Larsen notes

Weekly Top Bonuses

Capitalcore

up to $2,500
deposit bonus for all clients

Your capital is at risk.

Top News

Ivan Andriyenko
11 hours ago

IEA sees first global gas demand drop since 2022

IEA sees first global gas demand drop since 2022

Parshwa Turakhiya
14 hours ago

Tether brings USDT back to Bitcoin after years away

Tether brings USDT back to Bitcoin after years away

Hanna Syniavska
15 hours ago

Nasdaq futures weaken as tech caution returns

Nasdaq futures weaken as tech caution returns

Ivan Andriyenko
16 hours ago

Oil climbs as Hormuz shipping risks remain in focus

Oil climbs as Hormuz shipping risks remain in focus

Andrey Mastykin
18 hours ago

Google backs European fusion power with Proxima investment

Google backs European fusion power with Proxima investment

Top 5 companies for you

United States

Live News

Anton Kharitonov
Now

Alphabet extends recovery as AI leadership and fusion investment strengthen outlook

Anton Kharitonov
Now

Microsoft extends recovery as AI investments remain in focus

Mykhailo Ihnatenko
Now

Moderna stock price outlook: Is the rally overextended?

Anton Kharitonov
Now

Apple approaches resistance as AI optimism supports recovery

Anton Kharitonov
Now

Bitcoin rebounds as institutional demand shows signs of recovery

© IAFT Ltd., 2010-2026 All rights to the website are owned by IAFT Ltd.,
Registration number - HE 336186

Risk disclosure:

Information on the TradersUnion.com website is for informational purposes only and does not constitute any motive or suggestion to visitors to invest money. Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk. According to the statistics, 75-89% of customers lose the funds invested and only 11-25% of traders earn a profit. Trading in futures and options carries substantial risk of loss and is not suitable for every investor.

That is why you should only invest money that you are prepared — or can afford — to lose at such high risks. Tradersunion.com does not provide any financial services, including investment or financial advisory services. Also, the Traders Union is not a broker and does not get money for trading in the Forex or CFD markets. Our website only provides information on brokers and the markets and helps its users to select the best brokerage company based on detailed information and objective analysis of brokers.
Disclaimer:

Traders Union (TradersUnion.com) shall not be liable for the consequences of trading decisions made by the Client and for the possible loss of his capital resulting from the use of this website and information published on it.

Forex market, CFD and cryptocurrency trading involves high risks and is not suitable for everyone. Before investing money, you need to adequately assess the level of your expertise and be aware of the risks, particularly in the context of trading with leverage. The information on this website is not intended for distribution or use by any person in any country or jurisdiction, where such distribution or use would be in violation of the local law or regulation. Any payments by Traders Union (TradersUnion.com) to the users of our website shall be legally interpreted solely as an incentive on our part for the activity on the website in the form of a deduction of a part of the advertising income; they shall not be a subject of any claims of our users or our obligations, a subject of disputes, as well as cannot be considered in relation to the services provided to users by brokers, both in fact and in their completeness and volume. The administration of the website shall not be liable for the content of user comments and reviews about the companies and shall not verify whether the authors of the reviews are indeed real clients of a specific company. All reviews, both negative and positive are published on the website without verification of their reliability; only offensive reviews that call for violence or any kind of discrimination and also reviews published from one group of IP addresses are moderated and removed. The authors of the materials shall be fully liable for the accuracy, completeness and impartiality of any information in the articles and reviews, including in the context of their use or mention of any brand names or trademarks. All mentions of the names of companies and their brands in any materials on the website shall be made in the context of communication of socially important information to the people about their activities by independent journalists, who are the authors. All evaluations and indicators on the website express the subjective opinion of the authors of the reviews (articles) and shall not be viewed as accurate statements and be a subject of disputes and claims against Traders Union.
Disclosure of advertisers and revenues:

All the services on the Tradersunion.com website are free for you to use. Our team spends thousands of hours per annum researching brokers and gathering information about them to help investors all over the world to choose reliable companies and to avoid fraudsters.

Indeed, the curating, sourcing, and organization of this process requires substantial financial investment by Tradersunion.com, which the website earns in the form of advertising payments. There are two types of advertising services on the website — direct advertising or partner (broker) participation programs. However, no services purchased by our partners shall affect the recommendations on our website, or our opinions, or ratings. Our ratings are based on our objective rating criteria and methodology; and the results are always equally and fairly applied to each broker. The work of our content authors and research groups does not involve any interaction with our advertisers and they do not have access to data concerning the amount of advertising purchased. For over 10 years we consider our independence, absolute openness, and objectivity as our main priority. Please follow the links to each of our affiliated broker’s websites. This will help Tradersunion.com to continue to provide our services to you for free.