Related: What Do You Think Of Fidelity’s Smart Beta ETFs?
RSP’s value tilt is slight as stocks with the value designation account for just under 37% of the fund’s weight. Critics often assert that out-performance delivered by equal-weight strategies is more attributable to the size factor. The average market value of RSP’s holdings is $48.93 billion compared to nearly $231 billion in cap-weighted S&P 500 ETFs.
Morningstar has a Bronze rating on RSP.
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