Seeking Alpha

Turning 10 this week, the Guggenheim S&P 500 Equal Weight ETF (RSP) has outperformed the SPY...

Turning 10 this week, the Guggenheim S&P 500 Equal Weight ETF (RSP) has outperformed the SPY by 5,900 basis points since its launch. The RSP was one of the pioneers of equal-weighting - created in the aftermath of the 2000 bust to give investors exposure to stocks without so high a focus on large caps (the so-called "Cisco effect"). It's time for a renaming to the "Apple effect" as QQQE - the Nasdaq 100 Equal Weighted ETF - has outperformed the QQQ by 850 bps YTD.
Comments (3)
  • TaiPan
    , contributor
    Comments (498) | Send Message
     
    Is there a site where one can find the equal-weight ETFs?
    24 Apr 2013, 12:17 PM Reply Like
  • Chris DeMuth Jr.
    , contributor
    Comments (4187) | Send Message
     
    RSP is a terrific alternative to the SPY. More here:

     

    http://seekingalpha.co...
    24 Apr 2013, 02:42 PM Reply Like
  • bbro
    , contributor
    Comments (9600) | Send Message
     
    RSP is essentially buying a mid-cap etf.... Last 10 years (dividends
    reinvested) RSP up 167.47% MDY up 189.04%.....SPY is up 109.32%

     

    This is from 4/30/03 to 4/23/2013...2512 market days...Source Investors FastTrack...looks like the writer didn't adjust for dividends
    24 Apr 2013, 05:15 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|