Vanguard S&P 500 ETF - VUSA

Good question, the short answer is yes.

The only way around this would be to explore equal weighting - this is where the ETF track each stock with the same % of funds.

Equal weighting would shrink the effect of Apple has on the ETF but would promote the smaller cap stocks.

You could broaden your search to the less popular but bigger and more diversified VNRT

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