It is argued that the S&P index is far too concentrated on leading high-market cap companies and prone to artificial inflation, as opposed to accurately representing the total market performance as intended. SPDR Fund Top Holdings as of November 2, 2023 (Source: State Street SPDR)Related...
OMFL’s assets under management (AUM) are $3.8 billion; the fund holds above 300 shares of companies from all sectors. It must be said, though, that the ETF is quite top-heavy, with the ten largest holdings comprising almost 40% of the fund. Its top holdings, as of June 1st, are ...