Market Moment - September 2025

Market Moment - September 2025

The S&P 500 has roared back since the April lows, but it’s created some concentration issues that merit a closer look, according to our Director of Investment Management Anthony Valeri CFA®. In this Market Moment video update, he offers insights into the S&P 500, its composition and why diversification is more important now for investors.

Key takeaways:

• The S&P 500 has roared back since the April lows, but it’s created concentration issues that merit a closer look
• The top 10 stocks comprise over 40% of the S&P 500
• 5 stocks represent almost 30% of the index
• These companies have delivered impressive earnings growth
• The combination of strong performance and extreme concentration should make investors think twice about blindly following the S&P 500
• Bottom line: Investors should ensure they have adequate diversification

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