Exchange-traded funds, or ETFs, have become a popular investment option for investors of all experience degrees. Essentially, an ETF is a type of fund that tracks the performance of a particular asset class, such as the S&P 500 or the Nasdaq Composite. Just like individual stocks, ETFs are exchanged on stock exchanges throughout the market hours.
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Equal weight exchange-traded funds provide a unique approach to portfolio construction by allocating equal weights to each holding within the fund. This approach differs from traditional market-cap weighted ETFs, which give heavier weightings to firms with higher market capitalizations. By allocating assets evenly, equal weight ETFs aim to minimize
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