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Top 8 Companies by market cap in the S&P 500 Index Weight Gain YTD
1 Apple AAPL 7.1% 36%
2 Microsoft MSFT 6.5% 30%
3 Amazon AMZN 3.2% 45%
4 Nvidia NVDA 2.9% 192%
5 Alphabet Cl A GOOGL 2.1% 45%
6 Tesla TSLA 1.9% 119%
7 Meta Platforms META 1.9% 134%
8 Berkshire Hathaway Cl B BRK.B 1.8% 15%
9 Alphabet Cl C GOOG 1.8% 45%
Total 29.1%
Top 8 Companies by market cap in the S&P 500 Index
Weight Gain YTD
1 Apple AAPL 7.10% 36%
2 Microsoft MSFT 6.50% 30%
3 Amazon AMZN 3.20% 45%
4 Nvidia NVDA 2.90% 192%
5 Alphabet Cl A GOOGL 2.10% 45%
6 Tesla TSLA 1.90% 119%
7 Meta Platforms META 1.90% 134%
8 Berkshire Hathaway Cl B BRK.B 1.80% 15%
9 Alphabet Cl C GOOG 1.80% 45%
Total 29.1%
After all, JHEQX has quarterly index-option rolls (options are NOT on individual stock holdings). Fund is huge at $16+ billion (AUM peak was in 2021; [...] See this brochure for explanation of index-options overlay to achieve 60-40 effect from all stock portfolio. IMO, why not just go for a real/genuine 60-40 fund?
https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/literature/brochure/BRO-HE.pdf
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