Rydex launched five new ETFs offering equal weight exposure to large, mid and small cap U.S....

|By:, SA News Editor

Rydex launched five new ETFs offering equal weight exposure to large, mid and small cap U.S. stocks (EWRI, EWRM, EWRS), EAFE (EWEF) and emerging markets (EWEM). A sixth equal weight ETF covering global equities (EWAC) is slated to begin trading in January. Equal weighting has performed well: the Rydex S&P 500 Equal Weight ETF (RSP) has beaten the S&P 500 over the recent one-, three- and five-year periods and by roughly 4.5% YTD.