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A comment on Five Biggest Stocks Are 23% of S&P 500 Market Cap. Parent comment

Re:Five Biggest Stocks Are 23% of S&P 500 Market Cap by andrewmcwatters on Monday November 30, 2020 @10:00AM (#25254384)
There is an S&P 500 Equal Weight Index, but it makes essentially no difference.
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Re:Five Biggest Stocks Are 23% of S&P 500 Market Cap by Tsiklon on Monday November 30, 2020 @10:05AM (#25254454)
Equal Weight index from what I've just read about it apparently treats each company in the index equally - as in 1/500th of the total index's value.

What I was more thinking of is that the S&P 500 is top heavy with Big Tech stocks, is it better to look an index absent of the Big Tech stocks?

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Re:Five Biggest Stocks Are 23% of S&P 500 Market Cap by llampx on Tuesday December 01, 2020 @04:54PM (#25270491)
An index absent of the big tech stocks would be the Russell 2000 or IWM.
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Re:Five Biggest Stocks Are 23% of S&P 500 Market Cap by andrewmcwatters on Monday November 30, 2020 @10:16AM (#25254578)
No.
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