How one ETF provider is trying to help investors cut exposure to Magnificent 7 stocks
1. S&P 500 heavily favors 'Magnificent Seven' stocks, causing concentration risks. 2. Astoria CEO suggests portfolio rotation to mitigate risk and enhance diversity. 3. Astoria's ETF aims to lower concentration risk with equal weight on stocks. 4. Top 10 S&P 500 stocks constitute 36% of the index, highlighting dependency. 5. Astoria ETF outperformed S&P 500 since launch, suggesting effective investment strategy.