I’ll add this… cause it’s an interesting observation.
“ The top 10% of stocks in the S&P 500 account for 75% of the market, the highest concentration level since the Great Depression, per Deutsche Bank”
- x/Unusual Whales
Agreed. IMO the market is quite top-heavy.
A good alternative is RSP, an S&P 500 ETF, but it’s equally weighted, not market cap weighted like most.