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September 01, 2020 1:29pm
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Shun Concentration Risk With Equal-Weight ETFs

As of the close of U.S. markets on Monday, December 27, Apple (NASDAQ:AAPL) sported a staggering market value of $2.94 trillion. Perhaps almost as staggering is the iPhone maker’s nearly 7% weight in the cap-weighted S&P 500 Index. That index is supposed to be diverse, but with two...
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