Look at equal-weight funds - SP500 RSP, tech RSPT, energy RSPG, Nasdaq 100 QQEW, etc.
There are equal-weight versions of most sector ETFs.
https://ybbpersonalfinance.proboards.com/post/1097/thread

”Much of last year’s 26% gain in the SPDR S&P 500 exchange-traded fund was due to the stellar performance of the Magnificent Seven —the mostly tech-stock behemoths that are the index’s biggest holdings. … " (taken from @hank post above)
That concerns me as well at this time inasmuch as 30% of the S&P's valuation is in just those 7 stocks. Seems nuts! Or at least due for a correction at some point but I don't know when.
Anyway it has caused me to look at other stocks outside those 7 and in the past 2 weeks I have picked up shares of some out-of-favor blue chips that have been hard-kicked to the curb recently (ADM, MMM & PFE). They will remain on short leashes for the foreseeable future.
Otherwise I continue to look for opportunities in different ETF's I currently own. All seem to be hanging around their 52-wk highs and I'm not confident enough to think that they will continue to go higher.

https://www.morningstar.com/stocks/beta-isnt-dead
My comments from Twitter LINK
Interesting take on #Beta.
Significance of early work on #MPT was its application of #Statistics to investments. Slope ("beta") & intercept ("alpha) of #LinearRegression were already ancient concepts then.
Now they are commonly available tools. #Morningstar won't exist without such tools.
Sharpe's claim to fame is the #SharpeRatio that interestingly doesn't depend on MPT - #StandardDeviation can be found directly (& is more stable than beta).

The "king" of bonds, Gundlach, and other "experts" made bad predictions about rates and why I don't invest based on predictions and hope.
I own funds that have done well lately.
BTW, the Fed controls the short term rate, but markets control the longer term.
The 10 year may be at 3.5-4% for the next 6 months and that's not a big decrease.

The Week in Charts (01/28/24)
The most important charts and themes in markets, including...
00:00 Intro
00:17 What Tends to Follow All-Time Highs?
05:15 Will Small Caps Have Their Day in the Sun?
10:28 New Member of the Trillion Dollar Club
17:17 Tesla and Mr. Market
24:40 Netflix Comeback
27:32 King Morgan
29:08 Homebuilder Adaptation
32:14 Expansion Continues
37:23 China's Plunge Protection?
41:21 Money Supply Reversal
43:11 Cooling Inflation
Video
Blog

That such a fund existed is proof that there are far too many ETFs available. Good riddance.

”There’s a sucker born …
But - ISTM Cramer got the last laugh here. The fund has lost 15% from inception.

”Much of last year’s 26% gain in the SPDR S&P 500 exchange-traded fund was due to the stellar performance of the Magnificent Seven —the mostly tech-stock behemoths that are the index’s biggest holdings. … Equal-weight strategies take a democratic view of the market, giving equal weight to each component. Reshuffling the S&P 500 that way relegates each company to a 0.2% slice of the index, tilting it to value-oriented and mid-to-smaller-cap stocks and away from large-cap growth.”
Excerpt from Barron’s / January 29
Article by Debbie Carlson
Barron’s - Current Issue (Subscription may be required, but give link a try.)

Hard to see why the Fed would cut rates if the economy continues to perk along. If they're cutting rates methinks it would be because of a nasty landing.
Long article that confirms my bias opinion at the link. ;)

https://www.sec.gov/Archives/edgar/data/1005020/000093041324000384/c107865_497.htm
Virtus Vontobel Foreign Opportunities Fund and
Virtus Vontobel Global Opportunities Fund
497 1 c107865_497.htm
Virtus Vontobel Foreign Opportunities Fund and
Virtus Vontobel Global Opportunities Fund (the “Funds”),
each a series of Virtus Opportunities Trust
Supplement dated January 29, 2024, to the Summary Prospectus and
the Virtus Opportunities Trust Statutory Prospectus and Statement of Additional Information (“SAI”)
pertaining to the Funds, each dated January 29, 2024
IMPORTANT NOTICE TO INVESTORS
As previously announced, the Board of Trustees of Virtus Opportunities Trust approved the merger of Virtus Vontobel Foreign Opportunities Fund with and into Virtus SGA International Growth Fund, a series of Virtus Asset Trust, and approved the merger of Virtus Vontobel Global Opportunities Fund with and into Virtus SGA Global Growth Fund, a series of Virtus Equity Trust, on or about March 8, 2024. At that time, neither the Funds’ Summary Prospectuses, nor references to the Funds in the Virtus Opportunities Trust Statutory Prospectus and SAI will be valid. Shareholders should consult the prospectuses for the Virtus SGA International Growth Fund and Virtus SGA Global Growth Fund for information about those funds.
Investors should retain this supplement with the Prospectuses and
Statement of Additional Information for future reference.
VOT 8020/Vontobel Mergers (1/24)

The Nov-Dec huge performance is over.
YTD is what counts now. My "gamble" right now is on funds with low SD + bigger yield, think 8+%, and excellent performance YTD.
There are 4 funds on my short list, I own 2.
https://schrts.co/TeIaWmPu
Definitely not PIMIX and its higher SD and lower yield. I used to own PIMIX at 50+% for years until 01/2018. The magic has been gone since then. For investors who hold, I prefer RCTIX.

@Crash. We all know you are into your PSTL but according to Portfolio Visualizer it has a CAGR of 1.65 % 1/20 thru 12/23. It also has a higher standard dev than the S&P 500 as well as a higher Max Drawdown. What’s the attraction?

I confess that I never have used a portfolio visualizer. As for the CAGR: that is definitely food for thought. It shows a stinky poopy RoR, true. I must chew and digest your remark. But we are close enough to the next dividend so that I don't want to bail on it right away. You do indeed leave me doubting whether I should remain invested in PSTL. And yet, I look at the numbers and the stars on Stock Rover, and it looks like a great prospect. The P/E is not the best metric to look at when it comes to Real Estate. Thank you. :)
I chose it just to have some R.E. in the portfolio.

@Crash. We all know you are into your PSTL but according to Portfolio Visualizer it has a CAGR of 1.65 % 1/20 thru 12/23. It also has a higher standard dev than the S&P 500 as well as a higher Max Drawdown. What’s the attraction?

I own tech sector funds, so I don't feel the need to have an exact copy of the 500.

The 3 (9.96%), 5 (15.79%), and 10 year (14.5%) performance records of SPGP somewhat speak for themselves. The portfolio certainly seems odd, and certainly out of synch with the "Magnificent 7, but I guess that's the point.

The graphic is set for the 5 days ending January 26, Friday; for the best to worst % returns in select etf categories. One may then also select the one month column to align the one month return best to worst; or for the other listed time frame columns.
ADD an etf performance of your choosing, if you desire.
*** Requested ADD: For the week and YTD
--- EWW = +1.5% / -2.1% (I Shares, Mexico)
MMKT note: Fidelity mmkt's remained steady this week, with core acct's yields at 4.98 and 5.02%.
NOTE: Growth area remains nominally positive, although tech. related funds found some weakness near the end of this week.
Remain curious,
Catch

again, FD and others, could you make the comparison not to, say, TUHYX, but specifically to JAAA, since it is far more like the others: good yield, good performance and fairly low volatility (at least for the last 1.5 years). thanks!

Link to Jan 27 Episode:

… dive into the real risks facing the markets with global value investor Matthew McLennan. As markets climb a wall of worry, McLennan shares his insights on protecting yourself from inevitable declines and sticking to a disciplined investment approach.
We explore the key concerns and opportunities in the financial landscape. Stay tuned for valuable insights from McLennan, Co-Head of the global value team at First Eagle Investments, discusses the multiple risks facing “complacent” markets and his strategies to navigate them.

Its a mite different from Vanguard 500- and seems like great returns- would you agree?

Volatility: The beta on FALN is 0.95, almost tracking the rest of the Market. That seems tolerable to me. I want to initiate a bond fund/ETF in my taxable account that will spin off dividends which I can then redeploy.
Barron's shows 5.3% yield, Stock Rover shows 5.9% yield. Either way, it's hefty, and I'll take it. Not so juicy as TUHYX (7.39%) nor PRCPX (6.86%). I'm hanging onto those, too.
Bonds of all sorts in the portfolio = 37% right now.