The strategy equally weights the stock sectors in the S&P 500 using ETFs. In a rising stock market this would incur capital gains taxes in a taxable account. If

The strategy equally weights the stock sectors in the S&P 500 using ETFs. In a rising stock market this would incur capital gains taxes in a taxable account. If you are saving regularly, you could direct your new investments towards the sectors that have underperformed to get closer to equal weighting without selling the outperforming sectors.