Tema S&P 500 Hist Wght ETF Strat(DSPY.US)

SPY At Record Highs: Still A Core Holding, Or A Crowded Trade?

SPY reaches all-time highs as strong earnings boost the S&P 500, with technology and utilities leading gains. Despite $10 billion in net outflows, SPY's assets grew by nearly $90 billion due to market appreciation. However, concentration risk from mega-cap tech stocks raises concerns about potential drawdowns. Alternatives like the Tema S&P 500 Historical Weight ETF Strategy and Invesco S&P 500 Low Volatility ETF are gaining interest. While SPY remains a solid choice for long-term investors, risk-sensitive investors may seek alternative strategies due to high concentration risk.