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0xbit 20 hours ago

Seems like all the major indices are becoming the same handful of tech companies. DIA already includes MSFT, AAPL, AMZN, NVDA, CRM, and now GOOG. Even though the DIA is weighted by _stock price_ (which makes no mathematical sense), at least it doesn't weigh these companies all at the top by market cap, otherwise it would just be another Nasdaq.

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lurkmore 20 hours ago

At this point a random weighting would probably be more comfortable than the extreme concentration by market cap. Just throw some darts at the board, everything only goes up anyway.

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0xbit 8 hours ago

The real solution would be something like XMAG but passive (and priced like a passive). I want the S&P the way it is, but without the AI glut.

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