The S&P 500 Is Doing Something It Hasn't Done in Decades. This ETF Could Be the Smarter Buy Right Now.
The market remains historically concentrated in tech, but the broader rotation away from that sector continues.
Overview
The S&P 500 (SNPINDEX: ^GSPC) is having another strong year. But something unusual is happening underneath the surface.
The megacap companies aren't leading the way higher.
Details
Year to date, the index is up nearly 13% on a total return basis. But the equal-weight version of the index has gained more than 14%.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.