Why your S&P 500 ETF isn’t as diversified as you think
Originally published in the Stock Savvy Dad Newsletter on October 20th, 2026
If a basketball team scores 100 points, that doesn’t mean every player scored 8. Two stars may have dropped 35 each. A few role players added another 30. The rest of the roster still matters, but they didn’t carry the scoring load.
The S&P 500 works the same way.