A potential wave of megacap IPOs this year could reshape public equity benchmarks by altering market exposures. To find out how that may happen, We modeled the addition of the10 largest venture-backed firms to the MSCI USA IMI Index — and found tilt toward the industrials and tech sectors. The global headline may be higher U.S. weight for investors. But within U.S. markets, investors could feel the most impact with implementation. These new dynamics would create trading events, sector rotations and real portfolio adjustments for investors. Explore the data behind our simulation and learn what a surge of megacap listings could mean for portfolios. See our research here: How Megacap IPOs in 2026 Could Reshape Global Benchmarks.