Meet the ETF That Beat the S&P 500 for Over 20 Years -- and History Suggests It's Ready to Pop Again
Megacap tech stocks have been volatile lately, and this ETF could be a particularly smart choice.
Overview
The S&P 500 (SNPINDEX: ^GSPC) is a powerhouse index, with decades of history surviving even the worst bear markets, crashes, and recessions.
It's also a market-cap-weighted index, meaning larger stocks are weighted more heavily within the portfolio. That isn't necessarily a bad thing, as large companies often add more stability to the index.
Details
But for most of the past 25 years, the S&P 500 has been outperformed by its equal-weighted counterpart: the Invesco S&P 500 Equal Weight ETF (NYSEMKT: RSP). Here's why history says this ETF could be poised for more growth in the years ahead.
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.