“Situational Awareness' Collapse, Big Tech Earnings & The Fed”
RSP is a good choice for equal-weighted S&P 500 exposure; it has outperformed the cap-weighted index YTD amid recent volatility.
and I moved it into RSP, which is the S&P 500 equal weight ETF, which is essentially saying, I'm going to own the same S&P 500 index that we all know and love, but it's equally weighted.
It's not overweight tech. It's not overweight energy or anything like that. Every single name has a has a waiting in it that's exactly the same. If you go look at RSP's performance year to date versus the S&P and especially during this volatility that we've had in the last month or so, feel like I made a good choice on that one.