Looking to Reduce Your Cap-Weighted Exposure?

As of July 9, the top three components in the S&P 500 – Apple (NASDAQ: AAPL), Microsoft (NASDASQ: MSFT) and Amazon (NASDAQ: AMZN) – combined for about 16% of the benchmark equity gauge’s weight. That’s a lot of heft in a small number of stocks for a benchmark that’s intended...