IWV: Derisking By Broadening Exposure To The Wider Market

Core Viewpoint - The S&P 500 is currently trading at historic valuations despite recent sell-offs due to potential trade conflicts with China, indicating a complex market environment [1]. Group 1: Market Valuation - The price-to-peak earnings ratio of the S&P 500 is hovering around historic levels, suggesting that the market may be overvalued [1]. Group 2: Investment Opportunities - The best profit opportunities in individual stocks are often found in those that are less widely followed by average investors or those that do not accurately reflect current market opportunities [1].