Daily Stock Market News

Equal-Weight S&P 500 ETFs to Consider as Big Tech Struggles


Equal-weight S&P 500 exchange-traded funds (ETFs) could be poised to have their day in the sun, and here’s why. 

A stunning selloff in Big Tech has the S&P 500 Index down by more than 17% so far in 2022 – on pace to close out its worst year since 2008. And this has ETFs based on the index becoming far less reliant on mega-cap stocks like Apple (AAPL (opens in new tab)) and Amazon.com (AMZN (opens in new tab)) that have lost massive amounts of market value this year, reducing their weightings in the S&P 500.





Read More: Equal-Weight S&P 500 ETFs to Consider as Big Tech Struggles

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