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RSP
Available tickers:
- RSP··bull (0.90)
The Invesco S&P 500 Equal Weight ETF is suggested for investors who might mistakenly believe their VOO (S&P 500) heavy portfolio is diversified, but it's actually concentrated in a few mega-cap tech stocks. RSP addresses this by equally weighting all 500 companies in the S&P 500, reducing concentration risk and providing greater exposure to smaller and mid-sized companies and value stocks. This approach historically performs better when interest rates are high or when market rotations occur out of growth names. RSP has recently shown stronger performance compared to the market-cap weighted VOO.
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