Just three stocks are responsible for most of the market’s gain this year

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Amazon, Netflix and Microsoft together this year are responsible for 71 percent of S&P 500 returns and for 78 percent of Nasdaq 100 returns.

The three stocks make up 35 percent, 21 percent and 15 percent of S&P 500 returns, respectively, while making up 41 percent, 21 percent and 15 percent of Nasdaq 100 returns.

Apple also makes up a large portion of both indices, contributing 12 percent of both S&P 500 and Nasdaq 100 returns, while Alphabet and Facebook contributed 8 percent to each, as well.

In total for 2018, the six stocks make up 98 percent of S&P 500 returns and 105 percent of Nasdaq 100 returns.

The S&P 500 is up 4.4 percent for 2018 while the Nasdaq-100 is up almost 14 percent.

– CNBC’s Robert Hum contributed to this report.

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