An S&P 500 Index Fund Already Owns These Financial Stocks. Here's Whether to Own More.

Financial stocks in the S&P 500 have underperformed over the past year, remaining flat year-to-date and up only 1% over 12 months. While S&P 500 ETFs already provide exposure to major financial stocks like Berkshire Hathaway, JPMorgan Chase, and Visa, investors don't need additional financial sector exposure. Instead, experts recommend diversifying beyond large-caps into small-cap, mid-cap, value, and international stocks, which are projected to outperform large-cap growth stocks over the next 10 years.