The S&P 500, tracking 500 large American companies, is up over 17% year to date after a brief dip due to the Trump administration’s tariff plan. The index’s Shiller P/E ratio is at 40.6, a level seen before the dot-com crash. Top-heavy with tech stocks, the index’s top 10 holdings account for over 40%.

Investors looking to diversify can consider the Invesco S&P 500 Equal Weight ETF, which assigns every company the same weight. This ETF offers exposure to the S&P 500 without relying heavily on large tech stocks. While the standard S&P 500 has outperformed, the equal-weight ETF has slightly edged ahead since its inception in 2003.

The Motley Fool Stock Advisor team recommends 10 stocks for investors to buy now, excluding the Invesco S&P 500 Equal Weight ETF. Their total average return is 962%, significantly outperforming the S&P 500. Investors can join an investing community built by and for individual investors to access the top 10 list and benefit from their insights.

Read more at Yahoo Finance: Is This ETF the Best Way to Invest in the S&P 500 in 2026?