William Pietriwilliampietri@sfba.social
Jun 10, 2026, 12:25 PMWith the upcoming goofus IPOs, the risk to index funds concerns me. Has anybody seen good articles about how to shift money away from that?
Replies
rrmuttrrmutt@mastodon.socialJun 10, 2026, 2:29 PM@williampietri Also interested in this, but I am less concerned after the news here https://finance.yahoo.com/markets/stocks/articles/spacex-other-mega-ipos-denied-223529619.html
Flaming CheetoPizzaDemon@mastodon.onlineJun 10, 2026, 3:28 PM
aneelaneel@mefi.socialJun 10, 2026, 4:41 PM@PizzaDemon @williampietri Do you know of any ETFs or mutual funds that actually track this index?
- Flaming CheetoPizzaDemon@mastodon.onlineJun 10, 2026, 4:46 PM
@aneel @williampietri it might still be institutional investors only
- aneelaneel@mefi.socialJun 10, 2026, 4:50 PM
@PizzaDemon @williampietri It's not clear to me that there is even a fund there, rather than just an index. Searching for SPXXAI here, after telling it I'm an institutional investor turns up nothing. https://am.gs.com/en-us/institutions/funds?locale=en-us&audience=institutions&search=spxxai
Brian MarickmarickJun 10, 2026, 3:58 PM@williampietri You’re looking for advice on particular index funds (or types of funds)?
I haven’t seen articles, but I’m reweighting into international funds. That will reduce my exposure to the FAANG stocks and won’t include SpaceX/OpenAI/that other one.
draNgNondraNgNon@hachyderm.ioJun 10, 2026, 4:18 PM@williampietri there was some advice dispensed by a BofA director I think...
https://finance.yahoo.com/markets/stocks/articles/ai-bubble-looks-fit-burst-103000477.html
- aneelaneel@mefi.socialJun 10, 2026, 4:24 PM
@williampietri I’m not finding good options. https://mefi.social/@aneel/116722239545974308
soaprootsoaproot@sfba.socialJun 10, 2026, 5:21 PM@williampietri I haven't seen articles but I have weighted more to international, midcap, REITs, etc. SPXT (S&P minus tech) might be worth a look.
- soaprootsoaproot@sfba.socialJun 10, 2026, 5:23 PM
@williampietri At least for me the goofus IPOs are only one aspect, the other is just generally being overweighted in this hype wave via NVidia etc.
- aneelaneel@mefi.socialJun 10, 2026, 6:30 PM
@soaproot @williampietri SPXT’s top holdings surprised me https://mefi.social/@aneel/116722259592296250
- soaprootsoaproot@sfba.socialJun 10, 2026, 6:53 PM
@aneel @williampietri I mean if you look at the top holdings of an S&P fund these are different. But I agree that "excluding tech" is an odd way of describing what they are doing.