The Invesco S&P 500 Equal Weight ETF (RSP) has gained about 12% year-to-date, outperforming the cap-weighted SPDR S&P 500 ETF's 10% rise. This performance reverses recent mega-cap dominance, with RSP's portfolio heavily tilted towards semiconductor stocks rather than the usual tech giants like Apple or Microsoft. The fund's success is influenced by the shape of the yield curve, where a steepening curve favors smaller-cap and cyclical stocks that RSP overweights. The upcoming quarterly rebalance will reduce the semiconductor overweight and increase exposure to lagging sectors, potentially shifting the fund's performance dynamics. Investors should watch the 10-year minus 2-year Treasury yield spread and the Fed's rate cut signals to gauge RSP's future advantage over cap-weighted ETFs.
The BlackRock Technology and Private Equity Term Trust (BTX) is currently yielding a 7.4% monthly dividend, supported by a strong 43.8% NAV return over the past year. Despite solid demand for semiconductors, especially AI chips, investor nervousness ...
The SPDR S&P 500 ETF (SPY) charges a 0.0945% fee, significantly higher than the 0.02% fee of its sibling fund SPDR Portfolio S&P 500 ETF (SPYM), despite both tracking the same 500 stocks with identical weights. SPY's structure as a unit investment tr...
The S&P 500 index dropped 1.6% over the past week, falling below its 50-day moving average for the first time since July 17, 2026. Despite this weekly loss, the index remains up 8.9% year-to-date, though it is currently 2.0% below its record high fro...
The dominance of the Magnificent Seven tech stocks has increased concentration risk in many portfolios. To reduce this risk without losing exposure to U.S. growth, investors can consider ETFs like Invesco S&P 500 Equal Weight (RSP), Schwab U.S. Large...
The Global X S&P 500 Covered Call ETF (XYLD) generates monthly income by selling one-month call options on the S&P 500 and distributing the premiums to shareholders. This strategy produces a high yield, around 10.3% trailing, but the income fluctuate...
