The biggest technology companies are no longer doing all the heavy lifting in the U.S. stock market as a broader rally is helping equal-weight S&P 500 strategies outperform the traditional index in 2026.
The Invesco S&P 500 Equal Weight ETF, known by its ticker RSP, has attracted more than $12 billion this year and pushed past $100 billion in assets for the first time. The fund had outperformed the market-cap-weighted S&P 500 by roughly three percentage points for the year through Aug. 21, CNBC noted.