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macro

Share of Household Stock Holdings Owned by the Bottom 50%

Latest

0.6%

Methodology

## What this measures

The share of household-held stocks and mutual funds owned by the less wealthy half of households.

## Why it matters

Stock-market gains reach households in proportion to what they own. This is the distribution of stock-market participation, measured in dollars rather than by who has an account.

## How to read it

Share of all household-held corporate equities and mutual fund shares, excluding those held in defined-contribution pensions. Moves with prices as well as with buying and selling.

## Source

Board of Governors of the Federal Reserve System, Distributional Financial Accounts (`dfa-networth-shares.csv`). Public domain.

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