In a Trader Talk interview, David Bahnsen (CIO, The Bahnsen Group) and Drew Pettit (Roundhill Investments) discuss the hidden dangers of top-heavy passive index funds. Bahnsen says his firm manages about $11 billion, roughly $6 billion of it in dividend growth equity, and he has updated his 2018 book making the case for the strategy. He argues dividend growth works both for withdrawals and for accumulation, though its large-cap names are often seen as boring rather than exciting. Pettit's Roundhill runs thematic strategies, which he describes as satellites around a core allocation.
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SPY
• NeutralSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/20/2026 | 769.01 |
| Change that session | +0.33% |
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