@EricBalchunas Interesting breakdown. I’ve noticed some value funds quietly holding steady while everyone’s distracted by the AI hype. Flows don’t always tell the whole story.
Here's the sector exposure of QQQ vs SPX vs the weighted avg of the Rest of ETFs combined, which are actually underweight tech. In other words, not everyone is chasing tech, altho the flows def favor the sector., esp recently, via @psarofagis