ahh, yes you're tracking S & P 500. Sorry, I probably read the aricle a little quickly... I don't know for sure, but I would think you're right in your assertio

ahh, yes you're tracking S & P 500. Sorry, I probably read the aricle a little quickly... I don't know for sure, but I would think you're right in your assertion that the index incorporates the risk of companies failing.