Mew2King shared his tier list for Smash Ultimate version 5.0.0.
Mew2King is a veteran Smash player that is most known for his Marth in Smash Melee.
He has split his list into 2 videos to explain the lower and mid tiers and the higher tiers in another video.
But you can see his final tier list right here below:
If you want to see his reasoning for his placements, you can watch both breakdown videos here below: