When Diversification Matters, Turn to Equal Weighting
April 12, 2022 at 09:45 AM EDT
The S&P 500 EWI is designed to be a size-neutral version of the S&P 500. It includes the same constituents as the cap-weighted S&P 500, but each company in the S&P 500 EWI is allocated the same weight at each quarterly rebalance. The simple arithmetic of rebalancing connects...
