Is the Invesco S&P 500 Equal Weight ETF a Better Buy Than an S&P 500 ETF?
The first exchange-traded fund (ETF) created was the SPDR S&P 500 ETF. It was a logical first step for what has now become a massive product category.There are multiple ways to use ETFs in a portfolio, but one of the best ways for long-term investors is still to simply buy the broad-based S&P 500 index. But before you do that, consider the Invesco S&P 500 Equal Weight ETF (NYSEMKT: RSP), a better performing S&P 500 index variant.From a big-picture perspective, the S&P 500 index isn't actually meant to track the market. The 500 or so stocks in the index are hand-selected by a committee to be representative of the U.S. economy.Continue reading
The first exchange-traded fund (ETF) created was the SPDR S&P 500 ETF. It was a logical first step for what has now become a massive product category.
There are multiple ways to use ETFs in a portfolio, but one of the best ways for long-term investors is still to simply buy the broad-based S&P 500 index. But before you do that, consider the Invesco S&P 500 Equal Weight ETF (NYSEMKT: RSP), a better performing S&P 500 index variant.
From a big-picture perspective, the S&P 500 index isn't actually meant to track the market. The 500 or so stocks in the index are hand-selected by a committee to be representative of the U.S. economy.
