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Go Deep on Equal Weight ETF, SPY Competitor EQL - ETF Trends

One of the big stories so far this year for the markets has been the somewhat striking performance of the S&P 500. Pulled forward by some of the biggest tech names, the lead index, and its attached ETF, the SPDR S&P 500 Trust ETF (SPY) has proved to be a durable performer despite a series of volatility events tied to banks, rate hikes, and more. That said, it may be worth looking to an equal-weight ETF that has been outperforming SPY over the last month for a potentially better-diversified alternative.

etftrends.com     Apr 26, 2023