Move Over, Tech
Technology stocks’ stranglehold on U.S. markets appears to be easing—a welcome development for
stockpickers and diversified investors.
Soaring shares of AI and other tech companies have fueled strong stock gains in recent years, while other
sectors have languished. But recently, some of those laggards have kicked into gear while high-flying tech
stocks take a breather.
For example, the S&P 500 Equal Weight index is off to its best relative start to a calendar year since
1992¹—outpacing the more commonly known S&P 500 index by 4.2%², as seen in the chart. Unlike the
market-cap-weighted S&P 500, which is driven primarily by its largest companies, the S&P 500 Equal Weight index assigns equal weight to all 500 stocks.
Source: https://etfdb.com/etf-strategist-channel/move-tech/
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