The New Way to Get Value Out of the S&P 500

The S&P 500 is one of the most tracked indexes in the world with an undeniable legacy. Ric Dillon, CEO of Diamond Hill Capital, thinks that it can be improved though and has set out to find a better weighting system that generates more value.

Many in the ETF space believe that the days of market cap weighting are fading. All of the new analytics and innovations when it comes to indexing thought aren’t time tested and are countless. How do you know which one is best?

Tom talked with Ric at the recent Morningstar ETF Conference to see what specific ideas he’s employing to beat the ageless S&P.