Why invest in INDEX?
INDEX is the new independent alternative. We are the index fund that offers “Index Voting Choice”, giving index investors a voice.
Fund Description and Objective
The ONEFUND S&P 500® Equal Weight Index seeks to replicate the total return of the S&P 500® Equal Weight Index before fees and expenses.
S&P 500® Equal Weight Index
The S&P 500® Equal Weight Index is the equal weight version of the S&P 500® Index. It contains the same constituents as the cap-weighted S&P 500®, but each company in the S&P 500® Equal Weight Index is allocated the same weight at each quarterly rebalance. Therefore, the holdings are balanced across all of the S&P 500® companies evenly over time. Whereas, the cap-weighted S&P 500® Index over-weights the 50 largest companies with close to 50% of the holdings.
S&P 500® Attributes
Created in 1957, the S&P 500® was the first broad U.S. market-cap-weighted stock market index and has been regarded as the best single gauge of the U.S. Equities market. This world-renowned index includes 500 of the top companies in leading industries of the U.S. economy. Focusing on the large-cap segment of the market, the S&P 500® covers approximately 80% of available U.S. market capitalization.
S&P 500® Index (Equal Weight) vs. S&P 500® Index (Market Cap)
A $10,000 investment into the S&P 500® Equal Weight Index at its inception on 1/08/2003 until 12/31/2022 would have grown to $82,267*.
As of 12/31/22
FUND DETAILS
As of 12/31/22
Sectors
As of 12/31/22
- Information Technology - 14.9%
- Industrials - 14%
- Financials - 13.5%
- Health Care - 12.8%
- Consumer Discretionary - 11%
- Consumer Staples - 6.6%
- Utilities - 6.1%
- Real Estate - 6.1%
- Materials - 5.7%
- Energy - 5%
- Communication Services - 4.4%
Current and future portfolio holdings are subject to change. Holdings are subject to change.
A MINIMALIST INVESTMENT STRATEGY
ONE SIMPLE PLAN
1. Buy Index
2. Setup Auto Deposits
3. Own the Market Long-Term
4. Ignore the News
5. Live Your Life
INDEX uses an Equal Weight Strategy
S&P 500® EQUAL WEIGHT INDEX
Equally weights all 500 companies
S&P 500® INDEX (Market Cap)
Overweights the largest companies
For illustrative purposes. Does not represent an actual index.
INDEX Performance
As of 12/31/22
Performance data quoted represents past performance, which is not a guarantee of future results. Current performance may be lower or higher than the performance quoted. The principal value and investment return of an investment will fluctuate so that your shares, when redeemed, may be worth more or less than their original cost.
The Hidden Battle for Control of Corporate America
Bogle's Last Warning
“If historical trends continue, a handful of giant institutional investors will one day hold voting control of virtually every large U.S. corporation…Three index fund managers dominate the field with a collective 81% share of index fund assets… Such domination exists primarily because the indexing field attracts few new major entrants.”
Wall Street Journal, 11.29.18
Jack Bogle: Founder of Vanguard and the First Index Mutual Fund
Interesting Market Cap Facts
As of 12/31/22
The Top 5 companies make up 17% of the index
The Bottom 100 companies make up 2.8% of the index
The Bottom 200 companies make up 8% of the index
Tech sector accounts for 34% of the portfolio*
*Combines Information Technology and Communications Services sectors
Not all Index Funds are created EQUAL
S&P 500® Index (Market Cap) – top 5 companies have the same weighting as the bottom 317 companies.
Better After Crash Index Strategy?
Directly following the last two largest stock market crashes, the S&P 500® EQUAL WEIGHT INDEX rebounded much faster than the MARKET CAP S&P 500® INDEX.
And the DIFFERENCE WAS SIGNIFICANT.
+13.17% from 2003-2004
+26.70% from 2009-2010
Past performance is not indicative of future results. Short term performance does not equal long term performance. Indexes are not managed, it is not possible to invest directly in an index.
*Source: ONEFUND as of 12/31/22