Why your ASX 200 shares aren’t going up with the market 

The S&P/ASX200 (INDEX: XJO) has pushed 3% higher in April and 5% higher year-to-date to above the 7,000 mark.

However, it sometimes doesn’t feel like a broad-based rally for all ASX200 shares. Here’s why your ASX 200 shares might be sitting on the sidelines. 

A selective market 

Not all sectors and ASX 200 shares are created equal. When it comes to the ASX 200, the index is heavily concentrated towards financials, notably the big 4 banks. A 1-2% swing in the big 4 banks can give the illusion that the broader market is doing well. However, this may not represent the performance of another sector such as tech or commodities. 

The big 4 banks…