I think even a square root cap approach alone is not very balanced. There are ETFs that consider fundamentals, such as book value, cash flow, and sales. In the

I think even a square root cap approach alone is not very balanced. There are ETFs that consider fundamentals, such as book value, cash flow, and sales. In these fundamental-weighted ETFs, AI companies that burn large amounts of cash are rated much lower compared to their weighting in market cap-based ETFs.