Just 10 Stocks Make Up Nearly 40% of the S&P 500. Here's an ETF That Can Help You Diversify.

The S&P 500 index has become heavily concentrated, with its top 10 holdings representing nearly 40% of the index's value, primarily due to technology giants. To reduce this concentration risk, investors can complement S&P 500 ETFs like VOO with international dividend-focused ETFs like SCHY, which offers exposure to different sectors and geographies with higher dividend yields.