Intel Corp

Seagate Technology Holdings PLC

Sandisk Corp/DE

Advanced Micro Devices Inc

ON Semiconductor Corp

Western Digital Corp

Ciena Corp

Catalent Inc

Despite concerns about market valuations after recent strong gains, the article argues that long-term investors should still consider investing in the S&P 500 ETF. While a market correction is possible, history shows the market always recovers over time, and attempting to time the market is difficult. The article also presents alternative investment options for those with different risk preferences.

Is It Too Late to Buy the Vanguard S&P 500 ETF? Here's What History Says.

The article recommends the Invesco S&P 500 Equal Weight ETF (RSP) as a complementary investment to balance the concentration risk in the traditional S&P 500 index. The S&P 500 has become heavily concentrated in mega-cap tech stocks, with the Magnificent Seven accounting for nearly 32% and the tech sector representing 38% of the index. RSP provides more diversified exposure across sectors like industrials, utilities, and healthcare, and has outperformed the S&P 500 year-to-date.

This Is My No. 1 Recommended ETF to Buy in July

The Invesco S&P 500 Equal Weight ETF, known by its ticker RSP, aims to replicate the performance of the S&P 500 Equal Weight Index. The fund commits to allocating a minimum of 90% of its overall assets to the component securities of this underlying index.

RSP (RSP) Stock Price, Analysis & Trade Signals