at about 7%. The fund as a whole has gained more than 23% year to date and 5% in the last month.
Much of that action has indeed been driven by these "heavyweights," Rosenbluth said, emphasizing that investors who are seeking market-cap-weighted ETF investments, or ones that sort their holdings by size, would do well to consider funds like XLY. "You really need to understand what's inside a portfolio," Rosenbluth said. "If you're looking at market-cap-weighted ... ETFs like XLY, then the heavyweights performing well is what you really want to have.
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