Rydex S&P Equal Weight (RSP) is an ETF that uses the equally weighted method. Year-to-date, it’s down 1.6%. The provider has a line of other equal-weight ETFs, as well, that focus on various sectors.
There’s also the First Trust Nasdaq 100 Equal Weight Index (QQEW), which is down 4.7% year-to-date.
Read the disclosure, as Tom Lydon is a board member of Rydex Funds.
