WOLF(@WOLF_Financial):THE MAG 7 WENT FLAT IN THE FIRST HALF OF 2026 AND THE S&P 500 GAINED 9.3% ANYWAY The other 493 stocks did that, and the trade built for exactly that outcome just crossed $100 billion. The Invesco S&P 500 Equal Weight ETF $RSP holds every company in the index at the same size, so no handful of giants can dominate it. It passed $100 billion in assets for the first time this month after more than $12 billion of inflows this year, per CNBC, and it is beating the standard S&P 500 by roughly 3% in 2026. The appetite comes down to concentration. Google $GOOGL, Amazon $AMZN, Apple $AAPL, Meta $META, Microsoft $MSFT, NVIDIA $NVDA and Tesla $TSLA are roughly a third of the regular index, so buying it means a third of your money rides seven stocks priced on the same AI theme. "You're not really picking a winning horse; you're betting on all the horses," said VettaFi research director Cinthia Murphy. The three biggest standard S&P 500 ETFs still hold close to $3 trillion combined.

2026.08.24 18:12

THE MAG 7 WENT FLAT IN THE FIRST HALF OF 2026 AND THE S&P 500 GAINED 9.3% ANYWAY The other 493 stocks did that, and the trade built for exactly that outcome just crossed $100 billion. The Invesco S&P 500 Equal Weight ETF $RSP holds every company in the index at the same size, so no handful of giants can dominate it. It passed $100 billion in assets for the first time this month after more than $12 billion of inflows this year, per CNBC, and it is beating the standard S&P 500 by roughly 3% in 2026. The appetite comes down to concentration. Google $GOOGL, Amazon $AMZN, Apple $AAPL, Meta $META, Microsoft $MSFT, NVIDIA $NVDA and Tesla $TSLA are roughly a third of the regular index, so buying it means a third of your money rides seven stocks priced on the same AI theme. "You're not really picking a winning horse; you're betting on all the horses," said VettaFi research director Cinthia Murphy. The three biggest standard S&P 500 ETFs still hold close to $3 trillion combined.