Equal-Weight Flexes Diversification Credibility
August 23, 2023 at 09:31 AM EDT
Advisors and investors typically allocate to index funds and exchange traded funds linked to well-known benchmarks, such as the S&P 500, in the name of diversification. After all, these funds are homes to hundreds of stocks and those sizable rosters imply some level of diversity. However, a market capitalization-weighted fund’s diversification properties can be diminished [...] The post Equal-Weight Flexes Diversification Credibility appeared first on ETF Trends .