Mega-capitalization stocks typically refer to companies with a market-cap that exceeds $100 billion, including recognizable brands and global operations. For instance, Apple (NasdaqGS: AAPL) derives about 60% of its revenue from international sales.
On the other hand, investors who are interested in capturing the growth opportunities in U.S. markets but are wary of overseas influence can take a look at mid- and small-cap stock ETFs that focus on the domestic economy.
For example, the SPDR S&P MidCap 400 ETF (NYSEArca: MDY) and the iShares Core S&P Mid-Cap ETF (NYSEArca: IJH) both track the S&P MidCap 400 Index of mid-cap stocks. Over the past month, MDY and IJH have both dipped 1.2%.
Alternatively, for small-capitalization stock exposure, the iShares Russell 2000 ETF (NYSEArca: IWM) follows the Russell 2000 index of small-cap stocks and the iShares Core S&P Small-Cap ETF (NYSEArca: IJR) tracks the S&P SmallCap 600 Index. Over the past month, IWM is down 0.9% while IJR is 0.5% lower.
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Max Chen contributed to this article.