Equal Weighting Outperforms During Peaks in S&P 500 Concentration
April 14, 2022 at 09:00 AM EDT
After peaks in S&P 500 concentration, the S&P 500 Equal Weight Index has tended to outperform. Using the historical adjusted HHI (Herfindahl-Hirschman Index), a statistical measure of concentration has determined that concentration tends to mean-revert in most sectors, according to Anu...