Subject: Re: Future growth
Actually over a quarter of my rule-of-thumb 1% "cap weight index" drag for the S&P 500 is due to the reconstitution problem: changes are (a) ill advised, and (b) pre-announced and therefore front-run.

Would a "Total Market" fund pretty much get over that problem?

e.g. Vanguard VTI, holds 3564 stocks
Lagging S&P500 etf VOO by 0.75% over 10 years, but that's likely due to holding all those mid and small caps during the large cap growth bubble.