Equal Weight Sector ETFs Hold Steady Despite Earnings Misses
October 27, 2022 at 13:32 PM EDT
On Monday, VettaFi wrote that equal weight sector ETFs were better positioned to hold steady if Big Tech companies were to report disappointing third-quarter earnings. So far, they have. An equal weight approach is particularly impactful for indexes comprising Big Tech companies, as they tend to dominate market cap-weighted indexes and have an outsized impact. [...] The post Equal Weight Sector ETFs Hold Steady Despite Earnings Misses appeared first on ETF Trends .
