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Smart Beta ETF report for RSP

<p>The Invesco S&P 500 Equal Weight ETF is closing in on a milestone it has never hit, helped by a rare stretch of the megacaps lagging the rest of the market.</p>

Style Box ETF report for RSP

The S&P 500 may be down, but three-quarters of stocks in the index are actually rising. The Invesco S&P 500 Equal Weight ETF, or RSP, was up more than 1% despite the S&P 500 struggling to stay above breakeven. A majority of stocks have moved in a different direction than the broader S&P 500 index 36.9% of the time so far this year, which is up from 22.4% in 2025 and 23% in 2024, according to Dow Jones Market Data.

It's been a tough trading day for the S&P 500, but if you take a look under the surface, the market was actually holding up alright. The S&P 500 was down 0.3% after trading more than 0.9% higher earlier in the session. Chip stocks were the weakest link, with Sandisk, Coherent, and Lam Research as the index's worst performers.

Equal weighting the S&P 500 sounds like a clean fix for mega-cap concentration, but the strategy carries trade-offs that rarely get the attention they deserve, and the long-term numbers tell a story most investors haven't heard.

The S&P 500 is hugging the breakeven line, but most of the market is actually on the rise. The market benchmark is down 0.1% after turning higher a few times and losing steam. The Dow is also around breakeven.

The Roundhill Magnificent Seven ETF has crushed the broad market since its launch, but equal-weighting seven mega-cap giants cuts both ways, and 2026 is exposing exactly how badly that math can unravel when the group stops moving together.

RSP is beating SPY for the first time in years, but two specific signals will determine whether equal-weight strategies keep their edge or surrender it back to the mega-caps before year end.

If you own a broad index fund, you may be far more exposed to a handful of mega-cap stocks than you realize, and trimming that risk does not require abandoning tech altogether.

The S&P 500 is in the red despite 10 out of 11 sectors trading higher. Tech is the lone decliner. The tech sector was down 2.1%, while all other sectors were in the green. The S&P 500 was down 0.2%. The last time the market benchmark closed lower while 10 of its sectors rose was on November 8, 2007, according to Dow Jones Market Data.

A single government program just funneled $30 billion toward one obscure low-cost ETF, and the fund's fate now rests on two specific risks that the market has not yet bothered to price in.

Today’s S&P 500 gains wouldn’t suggest it, but most of the index’s components are actually in the red. The S&P 500 is up 0.4% while the Equal Weight S&P 500 is moving in the other direction, down 0.3%. Nearly two-thirds of names in the S&P 500 were down despite session gains, signaling that stocks on the rise are doing the heavy lifting, offsetting the larger group of laggards and then some.

RSP promises diversification away from mega-cap dominance, but the costs hiding beneath its expense ratio tell a story most investors never think to ask about before buying in.

Equal-weight ETFs like RSP, QQEW, and DFVE offer alternatives to market-cap-weighted funds, providing more balanced exposure across holdings with 2026 YTD returns near 12-13%.

The S&P 500 has long been synonymous with broad diversification, but the math behind today's index tells a very different story about where your money actually ends up.

The Vanguard S&P 500 ETF (VOO) has recently surpassed $1 trillion in assets under management, becoming the first ETF to achieve such a milestone. In doing so, it shows just how dominant passive ETF investing has become over the past two decades. Driven by lower fees, greater tax efficiency, and consistent long-term performance, VOO has ... VOO Just Crossed $1 Trillion. Here’s the Hidden Risk Nobody’s Pricing In

Still bullish on AI? Here's how ETFs can help you stay invested without overloading on tech.

<p>A rough year for most of the megacaps has opened the door for funds that tilt away from the biggest stocks.<br> </p>

A violent rotation is taking place under the hood of the stock market ahead of second-quarter earnings.

The S&P 500 was up 0.3%, while the Nasdaq was up 0.2%, and the Dow gained 0.2%. The S&P 500 Equal Weight Index was up 0.6%, with 316 of the S&P 500’s components in the green. The broad rally helped offset weakness in the largest names by market capitalization.

The big three stock market indexes are down, but it’s not as bad as it looks. The Dow was down 150 points, or 0.3%. Low volatility and value stocks were leading the market, while momentum, growth, and risk were all struggling.

A new high feels like a moment for a big decision, but for this broad-based fund, the best action might be no action at all.

Stocks were rallying off their early lows in the first hour of July trading. The Dow was up 100 points, or 0.2%, and gaining steam. The S&P 500 was back near breakeven. The Nasdaq was down 0.3%. The Dow closed at a record on Tuesday, so any move higher would be a fresh milestone.

The S&P 500 is cruising on Tuesday, but the modest gain is hiding a lot of weakness in the market. The Dow was up 95 points, or 0.2%. The Dow was actually closer to the pulse of the market today: Only tech, industrials, and materials were rising in the S&P 500, while more than 300 stocks in the S&P were set to close lower.

The S&P 500 might do something it hasn’t done in at least the past year. While data on advancers-decliners in the S&P 500 is difficult to find, the folks at Dow Jones Market Data found that the S&P 500 has not risen 1% or more on a day when 210 or fewer stocks were rising.

The S&P 500 and Nasdaq could snap their losing streaks, but it may come at the cost of some recent broadening. The S&P 500 was up 0.8%, but only 185 stocks in the index were rising. The Nasdaq was up 1.4%.

It’s been a great week for members of the S&P 500, but not the index itself. The index, which weighs all stocks in the traditional S&P 500 as if they were the same size, is up 1.1% this week. The S&P 500, which gives more weight based on market cap, is down 2.4%.

The stock market is leaving Big Tech stocks in the dust. The Dow surged 733 points, or 1.4%, while the S&P 500 gained 0.3%. The Nasdaq, which was up nearly 1% at the open, was down 0.6%. More than four-in-five S&P 500 stocks were set to close higher, but the Roundhill Magnificent Seven ETF dropped 2%.

SpaceX, Microsoft, Alphabet, RSP and IWM have been highlighted in this Investment Ideas article.