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Invesco S&P 500 Equal Weight ETFRSPBUYMar 12, 2026Stock price when the opinion was issued
As of Jun 15, 2026. Market Open.
The 3 are on different notches on the dial of risk and growth. Allocate your money according to your risk appetite.
ZUE is solid and probably the safest, even though it has enormous exposure to mega-cap tech companies. There are ETFs to downscale your risk from that, such as RSP (equal weight) and EQL.
ZQQ has been excellent for achieving currency-hedged exposure to the NASDAQ 100. So it's even more tech and growth. Huge demand in 2023 and 2024, but (as we've seen) very exposed to downside volatility in the trade war environment.
SOXX is purely semiconductors. Enormous ups and downs on headline risk with generative AI. Even riskier.
RSP is not overly exposed to just tech and communications. IWM at market weight has performed much better than RSP. But we're hopefully going to see some rotation. RSP is a great idea, and there are similar tickers that trade on the Canadian side.
IWM has the smallest 2000 companies out of the Russell 3000, underperforming. Small cap should perform better with steady or falling interest rates, as they tend to be more levered.
His portfolio style favours the mid- and large-cap names, but small caps can do well in a lower-rate environment.
Each portion of this is worth 1/500. The main reason you want to move to an equally weighted index at this point in time is that as this market progresses, the breadth of the market and the number of stocks participating widens and widens, which is why these equally weighted indexes and ETFs tend to outperform their underlying benchmarks.
As long as you have 4-5 years before the home purchase, you can be in an equity strategy. Equities can be volatile.
For Canadian exposure, VDY or XEI makes sense -- high dividends tend to do well in Canada. Lots of options in the US, but he'd stick to equal-weight (not market-weight) ETFs. S&P 500 is still 45% tech and communications, and that's a bit risky at this point. Consider RSP.
For European exposure go for a broad-based approach such as in VIDY.