Moat Investing Rises Above Magnificent Seven Dominance
October 14, 2023 at 07:30 AM EDT
By Coulter Regal, CFA, Associate Product Manager The “Magnificent Seven*” mega-cap stocks have driven over 70% of the S&P 500’s YTD returns. Despite being underweight these stocks, Morningstar’s Moat Index has outperformed the S&P 500 YTD. Once again, September lived up to its historical standing as the worst month of the year for markets, with [...] The post Moat Investing Rises Above Magnificent Seven Dominance appeared first on ETF Trends .
