Rydex S&P 500 Equal Weight (RSP)

[bar1080]

RSP is a remarkably sensible holding by your standard. Recently I bought the slightly similar IJH, an iShares md-cap index fund and plan to add more gradually.

My portfolio is doing well with large caps and index funds, but I worry about the dominance of a very few tech stocks such as Apple, MSFT, Amazon. Heck, even my BRK is loaded with Apple! So I'm considering adding equal-weighted RSP.

My kids have held QQQ for more than a decade, almost a ten-bagger. But it offers little diversification. Again.. tons and tons of Apple. The Nasdaq 100, despite its name and roaring success, offers little diversification.