iShares MSCI ACWI ex US ETF

Global stocks excluding U.S. companies have reached their highest level since 2008, outperforming the S&P 500 by 13 percentage points year-to-date. However, in May, the S&P 500 has gained more than the global index, suggesting the U.S. market's dominance may not be relinquished just yet.

Related tickers: ACWX, SPY.

Goldman Sachs views the recent tech selloff as a temporary correction, not the start of a sustained bear market, citing solid economic fundamentals and low recession risk. The bank recommends diversifying beyond the biggest tech names and considering equal-weighted indices, non-tech compounders, and international markets.

Related tickers: AMD, INTC, NVDA, RSP, MDY, ACWX.