Every S&P 500 Index Fund Owner Holds More Nvidia Than Apple

Put $10,000 into the Vanguard S&P 500 ETF (NYSEMKT:VOO) and you own a slice of 520 stocks. But the slices are nothing like even. About $750 of that money lands in Nvidia (NASDAQ:NVDA) and about $658 in Apple (NASDAQ:AAPL) -- and to me, the ordering of those two names says a lot about what an S&P 500 fund has become.As of June 30, Nvidia was the fund's largest holding at 7.50% of assets, ahead of Apple at 6.58%, a gap approaching a full percentage point of the entire index. For years, Apple sat on top. Here's where the weights stand, how fast the switch happened, and what it means for anyone who owns an index fund and considers the matter settled.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool