[00:01] S&P 500 ETF, almost 300 of that is going companies. The ETF is weighted by market cap, so companies with higher market capitalizations make up proportionally more of the index. So, as you can see
[00:14] here, Nvidia, Apple, and Microsoft, they make up 7.41%, 6.74%, and 4.62% [music] of the weighting, and so on. So, when people say they're diversified by owning the S&P 500, they're really just betting that big tech continues [music] to
[00:29] perform well. Now, there are equal weight ETFs, which means that of your gets the same allocation [music] of dollars. But, here's the thing, if you go with that option, over the past 10 years, the normal S&P 500 has returned
[00:41] 212%, while the equal weight version returned So, the concentration didn't hurt you in this time period, it just made you more switching funds, it's more of a video to let you know what you actually own if
[00:55] you buy the S&P 500. If that much tech makes you nervous, you can always they're not the worst companies to invest in. Just my opinion.