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T1 Index · The Trillion Dollar Club · equal-weight · base 2025-12-30 = 100

The T1 Index

One rule: a company joins the day it first closes at a $1 trillion market cap, and never leaves. The T1 is the equal-weight index of that club — 13 members were already in by the 2025-12-30 base, 5 crossed during 2026. Each addition counts only from the day it joined the club, never backdated — so the index tracks what the club itself earned, not the run that got a stock into it.

116.31 base 2025-12-30 = 100 +16.3% since inception
Members18 (13 founding · 5 added 2026)
As ofSep 29, 2026
MethodEqual weight, reset on each $1T crossing, drift between
History · momentum Falling -2.1 pts recent

188 points · since 2025-12-30

Members

Company Status In since Market cap Weight Return since base In-club return
MU Micron 2026 addition May 27, 2026 $1.17T 5.7% +264.2% +14.7%
000660.KS SK Hynix 2026 addition May 6, 2026 $1.23T 5.4% +189.1% +17.9%
AMD AMD 2026 addition Sep 21, 2026 $992B 5.5% +182.1% -1.3%
005930.KS Samsung Electronics 2026 addition Feb 12, 2026 $1.72T 5.7% +142.5% +63.0%
TSM TSMC Founding 2025-12-30 $2.26T 5.8% +53.6% —
NVDA Nvidia Founding 2025-12-30 $5.43T 5.6% +21.4% —
AAPL Apple Founding 2025-12-30 $4.50T 5.5% +21.0% —
2222.SR Saudi Aramco Founding 2025-12-30 $1.65T 5.6% +12.3% —
META Meta Platforms Founding 2025-12-30 $1.52T 5.6% +11.2% —
LLY Eli Lilly Founding 2025-12-30 $965B 5.7% +10.2% —
GOOGL Alphabet Founding 2025-12-30 $4.55T 5.4% +8.8% —
AMZN Amazon Founding 2025-12-30 $2.81T 5.4% +6.1% —
MSFT Microsoft Founding 2025-12-30 $3.42T 5.7% +5.1% —
AVGO Broadcom Founding 2025-12-30 $2.12T 5.5% +2.1% —
BRK-B Berkshire Hathaway Founding 2025-12-30 $1.01T 5.6% -0.3% —
WMT Walmart Founding 2025-12-30 $912B 5.6% -4.0% —
TSLA Tesla Founding 2025-12-30 $1.56T 5.3% -22.4% —
SPCX SpaceX 2026 addition Jun 12, 2026 $1.93T 5.5% — -7.3%

"Return since base" measures the move since 2025-12-30; for 2026 additions this includes the run before they joined the club (context only). "In-club return" is what the index actually counts — the move since the stock crossed $1T.

Methodology

Membership. A stock is a member from the first day it closes at or above $1,000,000,000,000 (one trillion USD) market cap, and membership is permanent — Eli Lilly and Walmart crossed earlier and trade below $1T today, but stay in the club. The index starts on the last trading day of 2025 (2025-12-30), so the 13 stocks already in the club then are the founding members; later crossers are added on their crossing date.

Weighting. Equal weight, reset to 1/N only on each $1T crossing — when a new member joins the club, every position is rebalanced back to equal weight; between crossings the basket is left to drift, so a name that runs carries a heavier weight until the club next changes. The reset funds the new member by trimming the others, so the level stays continuous — no cash is added, and the return needs no time-weighting adjustment. Returns are USD total return; the US members price from EODHD, the three internationals (Samsung, SK Hynix in KRW; Saudi Aramco SAR-pegged) from their home markets converted to USD at the daily rate.

Additions enter honestly. A 2026 addition joins at the prevailing index level on its crossing date and contributes only from that day forward — the index never backdates a stock's pre-membership run. That is why Samsung's +46% in-club return counts, not the larger move that carried it over $1T.

Index reading is a diary entry on our process. Closelooknet publishes research, not investment advice.

FAQ · from the current data · as of 2026-09-29

Quick answers

What is the T1 Index?

An equal-weight index of every stock that has ever closed at or above $1 trillion market cap. A company joins the day it first crosses $1T and never leaves — permanent membership, no removals.

How many companies are in the T1 Index and how is it weighted?

18 companies (13 founding members at the 2025-12-30 base, 5 added during 2026). Equal weight, reset to 1/N only when a new member joins by crossing $1T; the basket is left to drift between crossings.

How does a company join the T1 Index, and can it be removed?

A stock becomes a member the first day it closes at or above $1,000,000,000,000 (one trillion USD) market cap, and membership is permanent — a company that later falls back under $1T (for example Eli Lilly or Walmart) stays in the club. 2026 additions are counted only from their crossing date forward; the run before they joined is not backdated into the index.

What is the T1 Index level right now?

As of 2026-09-29, the T1 Index closed at 116.31 (base 2025-12-30 = 100), +16.3% since inception.