SPX Equal Weight relative to $SPX is nearly as low as it was in 2008
SPX Equal Weight relative to $S&P 500(.SPX)$ is nearly as low as it was in 2008.
What is SPX Equal Weight?
This index assigns equal weight to each stock in the #SP500, so stocks like $Microsoft(MSFT)$ or $Apple(AAPL)$ carry the same weight as $Verizon(VZ)$ or $Etsy(ETSY)$ .
The index demonstrates the performance difference when MegaCaps' weight is not considered.
Concerning?
As long as the MegaCaps perform well it shouldn’t be, but it’s better when more stocks are in the same page.
Image
https://x.com/SmartReversals/status/1803543753514426779
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
