Your S&P 500 Index Fund Might Not Be as Diverse As You Think—And You Can Blame Nvidia for That
Key Takeaways Nvidia Corp. (NVDA) makes up about 7.3% of the S&P 500, the highest concentration of any one stock in 35 years of data from Leuthold Group. Other popular index mutual and exchange-traded funds (ETFs) tell a similar story, with the AI chipmaker very heavily weighted. It isn’t just Nvidia. The Magnificent 7 make […]