S&P 500 Equal Weight Index Outperforms in August

Equal-weight indexes have often outperformed their market cap-weighted counterparts, as demonstrated again by the S&P 500 Equal Weight Index in August, maintaining equal weight’s trailing 12-month relative outperformance. The S&P 500 EWI declined 3.7% in August, outperforming the S&P 500 by 0.6%. Key performance contributors for Equal Weight last month were the underweight to Communication [...] The post S&P 500 Equal Weight Index Outperforms in August appeared first on ETF Trends .