An anemic fundamental outlook seems to attract traders who envision the potential to manufacture a sharp rebound for a beaten-down name.

Over the last 11 years, the unprofitable Tech basket returned just 1/2 as much as the #SP500.

A low inflation era has given way to a structurally higher and stickier regime that will define the 2020s

U.S. still has a unique combo of superior growth, higher yields, and better quality that is difficult to replicate elsewhere.

Huge Tech underweight & big Staples overweight explains much of Dividend Aristocrat shortfall. Such deviations due to DA’s membership rules, but could a virtue if worried about mega-cap Tech correction, or diversifying from heavy positions in that highflying cohort