An S&P 500 index fund is a good way to make a broad investment in U.S. stocks at low cost. But it is also a more concentrated approach than some investors realize, because the index is weighted by market capitalization. Another broad approach you might consider is to make use of an equal-weighed index fund.
The $34 billion Invesco S&P 500 Equal Weight ETF RSP is now 20 years old — it was launched on April 24, 2003. Nick Kalivas discussed the fund’s performance and its lower-risk approach in an interview.
Before…
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