The S&P 500 is too concentrated in the MAG7. Here's where I'm going.

The S&P 500 is now a dangerous bet on just SEVEN tech giants. As of Jan 2026, the MAG 7 is 34.5% of the entire index. This is an ALL-TIME HIGH level of concentration that beats even the dot-com bubble peak!

That’s why I’m rotating a big chunk (potentially >50%) of my SSO position into URST, the 2x leveraged EQUAL-WEIGHT S&P 500 ETF.

In URST:
- Every stock gets ~0.2% weight
- MAG7 drops from 34% → just 1.4%
- Real exposure to the other 493 companies in healthcare, industrials, financials, etc., which might perform better next year.

It's the same 2x upside but WAY less risk on mega-caps.

Non-leverage alternative: RSP.

This is a bet on the full American economy instead.

NOT advice. Just sharing my journey.