How to counter the ASX 200’s Achilles heel

The S&P/ASX 200 Index (ASX: XJO) is a magnificent share market. As my Fool colleague Brooke Cooper discussed this morning, there are many things to love about our flagship market index. We have a plethora of impressive, world-class businesses. We have strong transparency and insider trading laws. And the ASX 200 has, over time, delivered strong, inflation-smashing returns that would make any other asset class blush.

But nothing is perfect in its world. And the ASX 200 is no different. So what exactly is the ASX 200’s Achilles heel?

Well, see if you can guess after the top 10 ASX 200 companies by market capitalisation are listed here. The weightings are according to iShares in the iShares Core S&P/ASX 200 ETF (ASX: IOZ).

So these…