Broadening Out Beyond ‘Mag 7’: Equal-Weight ETFs on a Roll
August 29, 2024 at 15:36 PM EDT
Persistent fears over market concentration have led many investors to grow wary of sticking with the mega-cap growth trade that carried the major averages higher throughout much of 2024. The top five stocks in the S&P 500 alone account for 25% of the benchmark index’s weighting, while the top 10 stocks have made up more [...] The post Broadening Out Beyond ‘Mag 7’: Equal-Weight ETFs on a Roll appeared first on ETF Trends .
