RSP Versus SPY - Poll
Hi All,
A common sentiment in my circle is that SPY is no longer an 'accurate' benchmark, due to the large concentration in the top ~7 or so names.
Given the recent run-up in tech, for ETF/ passive strategies, it might be worthwhile to move to RSP (equal weight S&P) versus the cap-weighted S&P. Long-term, the equal-weight index does seem to outperform.
Just curious to see if this has been or might be on the radar for others in the industry. One could make the case that RSP>SPY all the time, but especially given the recent SPY outperformance, a rotation into RSP seems even more advantageous.