How Can Apple Be Number One and Number Eighteen Every Day?

Every day, the largest publicly traded company, Apple Inc, is unequally ranked among the Dow Jones Industrial Average and Standard & Poor’s 500 Index. This is because of the nature of the beast itself. Meaning due to the market-capitalization-weighted nature of the Standard and Poors 500, Apple Inc is ranked number one compared to number eighteen on Dow Jones Industrial Average, a price-weighted index. However, even though the Dow Jones Industrial Average is a celebrity index, it can offer particular insights and perspectives into a select core of securities when reviewed using the Dow Jones Industrial Average Equal Weighted Index.