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Just 10 stocks now make up ~38% of the S&P 500.
That's the most top-heavy the index has been in modern history, and higher than the peak of the 2000 dot-com bubble. The "diversified" index fund you own may be a far bigger bet on a handful of mega-caps than you realize.
Worth knowing what's actually under the hood of your portfolio.
Source: S&P Dow Jones Indices, index weights as of July 2026. For information only; not investment advice. Investing involves risk including possible loss of principal.
Erling Haaland's handbag collection is worth more than $800,000 👜
The Man City striker's Hermès stash includes a $68K Rock Black, a $57K Birkin 50, and a $400K Himalaya croc Birkin — turns out the goal machine collects more than trophies.
And it might not just be for the aesthetic: one widely-cited study found the average Birkin appreciated ~14%/year vs. the S&P 500's ~9% — with no down year on record, not even 2008.
Hermès doesn't advertise, discount, or guarantee access to the rarest ones. Scarcity, by design.
Last year, Jane Birkin's original bag sold at Sotheby's for $10.1M — 20x the previous handbag record.
Birkin or index fund — where's your money going? 👜 or 📈
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