So is there a fund, that follows the S&P 500, but not the top 10? Or is S&P 500 minus tech? I know there are a lot of specialized but I would like to follow the US market as a whole but a little less into the tech.
I would not completely exclude big tech. Hold a cap weighted index as the core position. Soften the tech concentration with value tilts.
For the US stock sleeve of your portfolio you might try
75% VTI #core position. cap weighted total US market
10% AVLV #tilt large cap value
15% AVUV #tilt small cap value
No guarantees this outperforms 100% VTI, but it achieves the goal of softening the big tech concentration.
Don't forget international. A good way reduce your big tech allocations
80% VEA #intl developed
20% VEXC #intl emerging, ex-China
Put it all together with a 60/40 US/intl split
VTI 45
AVLV 6
AVUV 9
VEA 32
VEXC 8
The blow of a SpaceX pump-n-dump is a drop in the ocean on this portfolio. In addition, only free float SpaceX shares will be bought by the index which is a fraction of all of SpaceX. Even a more concentrated S&P500 portfolio would not get hurt too much by the pump and dump.
For the US stock sleeve of your portfolio you might try
No guarantees this outperforms 100% VTI, but it achieves the goal of softening the big tech concentration.Don't forget international. A good way reduce your big tech allocations
Put it all together with a 60/40 US/intl split The blow of a SpaceX pump-n-dump is a drop in the ocean on this portfolio. In addition, only free float SpaceX shares will be bought by the index which is a fraction of all of SpaceX. Even a more concentrated S&P500 portfolio would not get hurt too much by the pump and dump.