Daniel Straus iShares S&P 500 3% Capped Index (Hedged) ETF XSPC-T TOP PICK Aug 21, 2024

The "C" stands for capped, so any of its largest mega-cap holdings is capped at 3%. If you look at XSP or SPY, you'll see that the largest tech companies have about a 6% weight. So those ones are getting top-heavy. This ETF is a way to maintain exposure to the mega-caps, but diminish their role in steering the ship.

Anticipates this will track the S&P 500 very closely, but reduce concentration risk somewhat.