The chart below shows the relative performance of Guggenheim S&P 500 Equal Weight versus the market-cap-weighted SPDR S&P 500 (NYSEArca: SPY), highlighting the recent leadership of the equal-weighted approach.
RSP is up 14.4% the past six months, compared with a gain of 8.9% for SPY.
Full disclosure: Tom Lydon’s clients own SPY.