Best way to trade the spread between magnificent 7 and the rest of the market

I want to bet on the gap between the magnificent 7 and the rest of the market narrowing. I want to short the magnificent 7 and go long the equal weight s&p 500, but I cant short or buy puts. Are there any ideas out there, maybe some ETFs? Thanks.

As a side note I would never hold an inverse ETF long term, but someone told me the SH was balanced monthly instead of daily so it can be held for extended periods of time. I don’t know if I believe him. Anyone know about this? Thanks again.



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