S&P500 ETF to Reduce the Influence of the Magnificent Seven

Question

I already have a good chunk of my investments in HXS,HXQ and ZUQ and I plan to retire in 6 years. What do you think of RWL or RSP/EQL to buy the S&P500 with reduced exposure to the Mag-7? There is also XMAG that has no Mag-7 stocks in it.

Dan Kent · Answer

Well keep in mind those funds wouldn't have large-scale S&P 500 exposure in them. The answer is relatively simple, if you want S&P 500 exposure but do not want the higher exposure to the Mag 7, you'd go the equal weight route. RSP is a great one.