3 ms·
Bear in mind that your index becomes more and more of those six or seven companies, the more they grow. I think they're over 30% of the market? So an index trac
by Quarrelsome 1y ago
Bear in mind that your index becomes more and more of those six or seven companies, the more they grow. I think they're over 30% of the market? So an index tracker is still greatly exposed to this.
- nemomarx 1y agoI wish I could get an index without them but it would probably have no growth basically - the rest of the market is struggling in comparison, right?
- StoneAndSky 1y agoIt exists: XMAG https://finance.yahoo.com/quote/XMAG/ https://finance.yahoo.com/quote/XMAG/ > The index aims to provide a comprehensive and balanced representation of the U.S. equity market by including the largest 500 publicly traded equity securities, while specifically excluding the seven largest technology companies commonly referred to as the “Magnificent 7”. Up 12% in the last year. Unfortunately, it's ten times as expensive (0.35%) as a straight S&P 500 ETF (e.g. VOO, 0.03%).