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Posted by
Two Blokes Jul 16 -
Filed in
Stock
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4 views
Market breadth is extremely narrow, making passive index investing less attractive and increasing the potential for active management to outperform. GRNY ETF claims an unconventional approach but mostly mirrors S&P 500 heavyweights, focusing on overvalued, popular large-cap themes like AI and tech. While GRNY has outperformed major indices since inception, its success relies on continued momentum in already expensive stocks and questionable macro themes.