Subscribe to Updates

    Get the latest creative news from CRYPTO NOUNCE.

    What's Hot

    Rocket Lab reveals big supplier deal with mystery mega constellation customer

    March 24, 2023

    Daily Crunch: Binance reopens after bug forces platform to suspend spot trading, deposits and withdrawals

    March 24, 2023

    US Justice Dept’s Google advertising case gets fast-paced schedule By Reuters

    March 24, 2023
    Facebook Twitter Instagram
    Facebook Twitter Instagram Vimeo
    Cryptonounce.com
    Contact
    • Business
      • Deals
      • investors
      • IPO
      • Startups
      • Wall Street
    • Markets
      • Bonds
      • Commodities & Futures
      • Currencies
      • Funds & ETFs
      • Stocks
    • Crypto
      • Alticoins News
      • Binance News
      • Bitcoins News
      • Blockchain News
      • Ethereum News
      • Token Sales News
      • XRP News
    • Technology
      • Artificial Intelligence
      • Big Data
      • Cloud Computing
      • Cybersecurity
      • Gaming
      • Internet of Things
      • Mobile
      • Social Media
      • Transportation
      • VR & AR
    • FinTech
    • Personal finance
    • Grides
      • Crypto
      • FinTech
      • Investing
      • Personal Finance Guides
      • Techonology
    • Tools
      • Coins
      • ICO List
      • Organigations
      • Events
    Cryptonounce.com
    Home » This equal-weight ETF is off to a hot start in 2023 after outperforming last year
    Investing

    This equal-weight ETF is off to a hot start in 2023 after outperforming last year

    AdmincryptBy AdmincryptJanuary 9, 2023No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    One of the simplest investment strategies out there appears to be an early winner in 2023 after beating the market last year. The Invesco S & P 500 Equal Weight ETF (RSP) rose 2.8% in the first week of the new year, roughly double the gains for the S & P 500. The index was down less than 12% last year on a total return basis, while the S & P 500 fell nearly 20%. RSP YTD mountain The RSP fund rose more than 2% last week. The fund is just a version of the S & P 500 that places an equal amount of money on each member stock, as opposed to weighting the portfolio by market cap. The RSP is rebalanced quarterly and has an expense ratio of 0.2%. The decade-long dominance of Big Tech stocks and the shape of this bear market have combined to make equal weight investing a winner in recent months. The RSP has essentially been underweight technology and overweight smaller groups like energy and materials, positioning the fund well for the current investing environment. Similar funds like the Invesco Russell 1000 Equal Weight ETF (EQAL) have also outperformed. The run has been so strong that, as CNBC’s Michael Santoli pointed out in his weekend column , the S & P 500 equal weight index is trading at a multiyear high versus the S & P 500. Investors have taken notice of the outperformance, with the RSP raking in more than $4 billion of fund flows over the past year, according to FactSet. The upcoming earnings season may be another reason for investors to consider an equal weight fund. By lowering the exposure to some of the biggest stocks on the market, an equal weight fund limits the ability of one bad earnings report to take a significant bite out of a portfolio.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
    Previous ArticleWorlds industrial metaverse firm raises $21m despite crypto winter 
    Next Article Profanity hacker transfers 2.5m DAI and 421 ETH after three months of inactivity
    Admincrypt
    • Website

    Related Posts

    Investor who called SVB collapse gives his best bets

    March 24, 2023

    Buy Carnival before earnings next week, according to Stifel

    March 24, 2023

    This week’s best performers include Regeneron and these two solar stocks

    March 24, 2023

    BofA’s Hartnett sees commercial real estate as the ‘next shoe to drop’

    March 24, 2023

    Leave A Reply Cancel Reply

    Our Picks
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss
    Technology

    Rocket Lab reveals big supplier deal with mystery mega constellation customer

    By AdmincryptMarch 24, 20230

    Rocket Lab has proven that it’s much more than a launch company: One glance at…

    Daily Crunch: Binance reopens after bug forces platform to suspend spot trading, deposits and withdrawals

    March 24, 2023

    US Justice Dept’s Google advertising case gets fast-paced schedule By Reuters

    March 24, 2023

    McMahon to reimburse WWE for investigation into misconduct allegations

    March 24, 2023

    Subscribe to Updates

    Get the latest creative news from CRYPTO NOUNCE.

    NEWS
    • Business
    • Crypto
    • Blockchain
    • Markets
    • Technology
    FEATURED SECTIONS
    • Coins
    • ICO List
    • Organigations
    • Events
    • Grides
    FEATURED LINKS
    • Story of the day
    • Videos
    • Infographics
    CONNECT WITH US
    • Facebook
    • Twitter
    • Telegram
    • LinkedIn
    • Pinterest
    ABOUT US
    • Contact
    • Advertise
    • Sitemap
    Copyright © 2023 Cryptonounce All rights reserved. Cryptonounce.
    • Home
    • Buy Now

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?