Equal Weight index from what I've just read about it apparently treats each company in the index equally - as in 1/500th of the total index's value. What I was

Equal Weight index from what I've just read about it apparently treats each company in the index equally - as in 1/500th of the total index's value. What I was more thinking of is that the S&P 500 is top heavy with Big Tech stocks, is it better to look an index absent of the Big Tech stocks?