UPRO - The Truth: Your S&P 500 ETF Is Riskier Than You Realize
In this article, I’ll be talking about the extreme concentration driving the S&P 500 index and the five mega-tech stocks that have given rise to the index’s forbidding valuation. I’ll also be letting you know about enticing value stocks that can reduce portfolio risk and diversify your portfolio away from market-cap-weighted ETFs benchmarked to the S&P 500.
Quant Value Picks Offer Better Value And Growth Vs. Mega-Tech Stocks
Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), Facebook (FB), and Alphabet (GOOG) (GOOGL) now comprise 25% of the market capitalization of the S&P 500 Index. Per Russell Investments,