RSP
Invesco S&P 500® Equal Weight ETF
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Infinite Money Glitch $INR $25K YOLO & DD
the s&p 500 vs equal weight spread just hit 13.8%. it's only been this wide twice before
My take on AI as someone entering the stock market for the first time
Welcome input on my AI-powered monthly investment review workflow
Welcome input on my AI-powered monthly investment review workflow
Defending against mega IPOs using equal-weight index funds?
An encouraging day yesterday, but still key levels to reclaim. Here are the key levels to watch on SPX, VIX and why the markets waiting for the Fed to bail out sentiment.
Portfolio beta weighting to SPY or better to something like RSP ?
What's your opinion on this simple 4-ETF Portfolio for long term holding?
$IWM The Russell 2000 monthly is beautiful, it’s been building a massive base for the past 4.5 years.
I'm a full time trader and this is my view on the market and economy after the PPI data came out hot yesterday. There are many caveats that most will likely be overlooking.
50k savings, unsure how much to risk and need help understanding
I'm a full time trader and this is my full analysis and take on the market as the Tariff deadline gets extended to August. More upside to come, or pullback imminent? 👇
Thoughts on moving portfolio away from heavy-cap tech? (XLB, XLI)
I am holding two naked puts and am afraid to sell, but also afraid to hold
Anyone following Brenmiller $BNRG?
Easiest way to track SP500 Equal Weight w\Dividends re-invested?
[News] A January "rout" in megacap tech stocks this month is now the Wall Street consensus, according to the BofA equity team.
[NEWS] A January "rout" in megacap tech stocks this month is now the Wall Street consensus, according to the BofA equity team.
WHY jobs +339K yet unemployment increased to 3.7% + Fed + Market
Hey, I’m 69 and looking into asset allocation for my long term buy and hold portfolio.
Need ideas about securing a Retirement Savings Plan (RSP) against Stock Crash.
Ideas about securing a Retirement Savings Plan (RSP) against Crash.
This market strategist says stocks could gain 8% to 15% from here — giving anxious investors a perfect opportunity to sell
Canadian investing question regarding limits within the registered account (RSP)
Market Perspective: Recent Trends & Thoughts for the End of Year
Market Perspective: Recent Trends & Thoughts for the End of Year
Calculating return on stocks (what am I doing wrong?)
I don't understand the annual rate of return calculations for stocks
Market Perspective: Recent Trends and Performance in Charts
19 year old long term investor , RSP or VTI ?
Seeking advice on getting started in ETFs in a Covid market
$SWBK - Bird Plans to Go Public via SPAC at $2.3 Billion Valuation
Do rebalancing ETFs generally realize capital gains for shareholders?
The 100 Year Portfolio: A Look at Using the Dragon Portfolio as a Retail Investor
Mentions
I'd buy RSP the equal weighted ETF at this point but many will disagree and if you don't want to think about it VOO will be just fine. VT would be better, the all-world index.
RSP near lows is no bueno. Breadth is bad
Tech doesn't rely on oil. The broad market was absolutely hammered today. RSP is down 1%
I'd add to this - single stock vol is the opposite, it's very elevated. Look at VIXEQ index... it's at a 1 year high. This is likely due to semis. Semi vol (smh, soxx, etc) is in the \~95th %tile. The reason why the VIX isn't at a high is that market correlations are low (ie stock dispersion is high). This perhaps sets up an environment where the market broadens out (RSP>SPY). Recent Pharma and Healthcare outperformance is sort of previewing this. Who knows if it continues. [https://www.cboe.com/us/indices/dashboard/VIXEQ/](https://www.cboe.com/us/indices/dashboard/VIXEQ/)
Let me explain how this works to the bears. Who still don’t seem to understand. You sell this to buy that. It doesn’t matter if MU tards created a memory bubble. They’ll just pump AAPL GOOG AMZN and MSFT instead. Throw in TSLA as a bonus. That’s already 40% of SPY. Result is a flat or green index while semis get crushed. Money also moves into software, hyperscalers and equal weight RSP. Figure that shit out and stop buying puts.
Yes I'm a proud holder of RSP for precisely this reason, the regular S&P, SPY etc funds were all jacked up from tech stock speculation. I think the more accurate term is rotation, not a full sell-off. Rotation from tech into consumer staples, finance etc.The fact that that is happening now makes me a little more confident that the AI crash will move along at a reasonable pace and not create a crisis that will require more money printing.
RSP (equal weight S&P) is basically at ATH. So...what sell-off? If you threw portfolio management practices to the wind and got jacked to the tits in single stocks or single sectors, or got overleveraged, this is the chickens coming home to roost. Every reasonable person tells you not to do shit like that, but greed and FOMO really gets people sometimes.
It's the most concentrated SPX has ever been by a wide margin. But you can fix that by just buying the equal weight $RSP
RSP is an interesting "diversification" option. Since 2013 is underperforming the SPY, but traditionally it outperforms it, and periods of underperforming are followed by periods or strong overperforming. Now it's at ATH while the SP is not.
Yes, but RSP hit ATH.
Look at equal.weighted s&p, $RSP. It was up substantially and I thing finished at ATH. I think DIA did too. Its couldnt look more like like profit taking and diversifying at all. Dollar wasn't up. It looks like mo ey stayed invested just not in semis and tech
Bull market is just broadening out. RSP the Equal weighted SPY is almost at ath's. Semis have been absolutely ripping, letting some air out of the balloon is much, much healthier than it exploding. That's what you are seeing. Watch earnings carefully however, if they disappoint I think we'll see a more substantiated downside.
The meh 493 absorb the rotation out of the moments of euphoria (today). Just look at RSP vs VOO over the year.
Everything else. See RSP
Everything down outside of memory and small caps. And a bunch of RSP components. You just know if this continues they will rug the shit out of IWM. It’s the next source of capital if we don’t get a real bounce soon.
Look at RSP and boring / defensive stocks. Just like yesterday, money is moving out of silly shit and into defensive sectors.
this is the tippy top, short QQQ and SOXX, long RSP!!! everyone else destination death
Market broadening. See RSP IWM XBI
The solution isn't RSP. That's a great way to both not participate in returns but fully participate in liquidity event meltdowns. Just derisk when it's appropriate by cutting position size, hedging, or a volatility sleeve
One solution is to invest in an ETF like RSP which is the Invesco S&P 500 Equal Weight ETF, which doesn't split investment between the 500 companies by market cap, it just splits it evenly. Because <10% of companies on the S&P500 are AI-related, this fund would only be <10% AI.
RSP also basically equal to SPY, which hasn't happened in a long time.
>Where RSP and SPY/VOO diverge again Oops should have been "converge"
Thanks for the discount on RSP yall!
I am migrating to RSP (equal weight SP500)
1. My portfolio: Rather than 60-40, I go: \-60% in Stocks (SP500 Index, RSP equal weight index, SCHD, +small cap value) \-20% in bonds (regular bonds, high yield bonds, iBonds) \-10% in REITS \-5% in commodities / natural resources \-5% in cash (extremely short term bonds, like SPAXX) As a retiree living off investments, lower volatility will help the portfolio last better than higher return 2. Roth Conversions Since I haven't started Social Security yet, I'm doing Roth conversions to pay taxes now and avoid taxes later. \-Tax rates are more likely to go up than down \-Once on SS, how much of SS is taxed is driven by Gross Income, which includes taxable income (plus other stuff) \-Do not let Roth conversion cause AGI to exceed the IRMAA limit, or for the next couple years, the limit the starts reducing the extra $6000 standard deduction for >65 3. Personal Growth: \-In my 30s, I got a master's degree while working. It took 5.5 years. Even though the company paid the books and tuition, I'd have been better off monetarily to have taken a second job at minimum wage with the hours I spent in class and on homework and projects. \-The master's degree did not help with any raises or promotions, but may have helped avoid layoffs when the company cut 80% of the salaried workforce during the GFC \-It was extremely interesting and satisfying to take the graduate-level classes that taught the heavy-duty science behind some of the things that undergrads had to use "rules of thumb" or make certain assumptions to apply \-There's a saying: "You have to move out to move up." Because I stayed at my company, the master's degree didn't have a financial payoff. I also wasn't pushy about getting a raise or promotion. But we all have things after decades of work that we can see why it might have been better to do differently. 4. Mentor \-Something I wish I would have tried: Getting a mentor. I would never expect to get a leg up due to someone being "on my side," but it would have been great to have had someone to say "Don't work on that project because it's a dead end" or "make sure your presentation promotes yourself a little in addition to making the case for the topic at hand." 5. Spouse \-I picked once, and did it right. Avoided the mental and financial cost of picking wrong. 6. Kids \-We have a larger family than most. My "hobbies" were going to games, meets, matches, concerts, etc. It dawned on me that my "calling" was to "be the dad." So, I did coaching, Sunday School teaching, etc. The psychic rewards for this were huge. 7. Volunteering \-I fell in with a group that fixes up houses for people who are handicapped or elderly or too poor to take care of those things themselves. Sometimes while driving around town, I see a wheelchair ramp I built or a house with a solid roof instead of a gaping hole for rain and racoons, and get a smile. I hope this addresses the question you had and not just me spouting off on a related topic (like Quora). Two roads diverged in a wood, and I— I took the one less traveled by, And that has made all the difference.
I can't say that I agree with your viewpoint as of today, because those top weights are growing by leaps and bounds and are really the driver for the index's big gains (NVDA and AAPL each did over $40b in profit just in their last quarters alone). You see that reflected in VOO's performance over RSP. But with SPCX TSLA and upcoming IPO's of OpenAI and Anthropic, RSP could be a good hedge for those not wanting so much weight in so little intrinsic value.
I’ve been doing RSP the past few weeks to make it equally weighted at least. I do DCA and have some of those that you mentioned, just wasn’t sure if I should get out of VOO or what. I’m
Normally I would agree with most of the people saying VOO. But right now the VOO is extremely top heavy and concentrated in technology stocks. This is a problem because SPY and VOO adjust their allocations based on market cap. I’d recommend RSP (equal weighted S&P500 instead).
This was a wierd rally based more on QQQ being oversold rather than the market actually being positive about the crisis. IWM, RSP and Euro stocks gave back most of the gains through the day. BOJ will decide the outcome atleast for tomorrow.
Just sold CBRS. 16% return while SPY returned 0.63% and RSP returned 4.71%. That's an IPO win.
I do think it's sell the news on SPY, particularly with the backdrop of gov messing with Anthropic a bit. Equal weight RSP, mid / small cap should run from open tomorrow though.
My feelings, diversify a little more. Perhaps include the RSP since it's equally weighted. Set a schedule and pick an allocation amount over a period of time (weekly, monthly, quarterly, etc.) That should reduce anxiety. I think VOO has a lower expense ratio than SPY. I'm not a financial advisor so just giving you things to think about
Hard to get away from. You could try an equal weighted s&p 500 fund like RSP. That should at least limit the exposure to a small percent.
There are thousands of non-ai related stocks that are reliable. Something like VTV isn't a bad pick. It's a value ETF, the only AI stock in the top 10 holdings I see is micron. Another option might be something like RSP which is an equal weight S+P fund. It'll heavily underweight stocks like NVDA relative to the standard market indexes. It's very difficult to completely avoid AI. All large companies are going to be using it. So even if you invest in Home Depot, some part of Home Depot is using AI. Also I don't see the moral dilemma. LLM's are a tool, just like search engines.
Look at these actual holdings, no divs reinvested. Equal Wt. S&P RSP 2003 up 500%. S&P SPY 2004 up 590% Small Cap VB 2008 up 540% Large Cap Growth IWF 2008 up 780% In this long period every one of these has looked stupid, and every one has looked brilliant. In this environment, I'd first be diversified and then go overweight with RSP. The CAPE ration doesn't shout, but it also doesn't lie.
RSP is an S&P 500 equal weight ETF, so each constituent will be 0.2%.
Look at the RSP (equal weight(, it's up 0.75% for the day. More stocks were up today than down, just not the ones in your portfolio.
#SPY's equal weight version RSP closed the day green LMAO🤌
RSP really was the canary in the coal mine
RSP equal weight quietly outperforming SPY YTD.
Completely untrue: 1) equal weight sp500 (RSP) is up 2) mid-caps are up 3) plenty of sector indexes are up (e.g., discretionary consumer, finance) This is absolutely a tech thing.
RSP not even down a full percent and bros calling for the breaker. As older investor some of y'all are going to get truly destroyed if we ever have a real crash.
That’s a fair point. Getting as much of the terminal gains as possible works better in the long run than guessing wrong. I am probably trying to predict here. My system is not that complicated. More or less, I noticed VOOV beat VOOG coming out of that November slump and was able to rotate into value a bit before the market did. That was over a three week period. This was over a couple days. So over fitting is definitely a risk here. I don’t own VOOV or VOOG they just work better for me as a breadth/concentration proxy than RSP/SPY.
I didn't know those existed. Although RSP's top 9 are all the AI boom, but I see that it's much more spread out. Adding them to my list to pick ip. I don't fully understand SHRT and it's pretty small so I would avoid it, and I try to avoid mutual funds especially with such a high expense ratio.
* QQQ: +1.5% * RSP: -0.07% Not exactly a broad recovery rally.
> QQQ and NANC for VOO Genuine question: if you really believe it's a massive bubble, why not something like RSP instead of VOO given that equal weight has about 14% less allocation to tech? Or even something like VTV with even less tech exposure?
RSP looks good but for me the .17% higher expense ratio than VOO is enough for me to pause.
there is a fund that is s&p 500 less the mag seven, then you could add back in the individual stocks of mag 7 that you like or go equal weight RSP index fund but at least w VOO you dont have spacex for at least a year
If you want equal weight exposure instead of being heavily AI concentrated I would consider RSP
RSP is up 18% year over year. How is that barely any growth?
You could allocate some to an equal weight S&P 500 ETF like RSP. Equal weight has outperformed in the past, though it has underperformed for a couple of decades now. You lose the momentum following effect of a cap weighted ETF such as VOO/SPY.
Driven by what? AI circular spending? Mag 7 cap ex? Take a look at RSP and sp500 ex mag 7. There's barely any growth. Combine it with inflation and you are 67% there.
Look for a equal-weighted ETF with the ticker RSP or there's SPYV...a cleaned up (value) version of VOO.
Rsp is the equal way S&p 500. Mdy is the mid cap 400 RSP doesn't exclude them but it does greatly reduce their weighting. Mdy had a pretty similar chart to the S&p 500 until this tech AI phase began after covid. It's pretty interesting on a reversion to the main trade and avoiding crowded sectors. Spsm is the S&p 600, there was a time I liked this, but it's already ran quite a bit and it's above its long-term trend line. You also have the inflation problem meaning companies that actually grow and start making money quickly grow out of it
VOO is only US and heavily concentrated. Use RSP for equal weight. DIA for less tech. QQQM for more tech. VEA for developed markets (Intl) and EMXC/IEMG for EMERGING markets. Or just MSCI/IEFA\VTI. Van Eck even has sector specific ETFs but indexing is king imo.
I have three suggestions. An equal weight index (RSP), Vanguard Extended Market Index Fund ETF (VXF), or buy puts on QQQ as a hedge.
Couple of things to think about to stay in US stocks but reduce exposure to the big AI scalers and Mag 7. Reduce VOO and shift some to VTI. Broader set of companies. Or shift some to RSP-a fund that is equal weighted. Or consider some VTV, value fund as a way to downshift your exposure.
SCHD • Dividend Darling Factor ETFs won't include them because they're not paying and too junior. RSP • Equal-weighted S&P 500 (each company only gets .2%.) Some combination of the two things will trim tech exposure but have the US large caps you're looking for.
S&P, the index provider which decides the makeup of VOO, is not changing its inclusion criteria to add new mega AI offerings quickly. You may want to consider adding RSP, the equal weight S&P 500, to your 401k to balance things out. RSP has retuned 800% since 2003 (its inception) compared to 807% for the SPY (tracks the S&P 500 like VOO) over the same time period.
I’d just go with the equal weight RSP. I try to keep the weighting in my portfolio equal between RSP and SPY to balance it out so I’m not too exposed to market concentration.
No, it's not, the SPX is 40% tech right now and about that same percent just in 10 names. Not to say VOO or VT are bad long term holdings, but because they are market cap weighted, and we are in the midst of a crazy run for big tech, their diversification benefit is less than is typical. It is easy to be more diversified in equities using sector etfs, or an equal weight like RSP.
This ain’t a sell-off. Bond yields higher which means people aren’t selling stocks and buying bonds. This is a violent rotation out of Tech/AI into other sectors. RSP significantly outperforming SPY. Financials and Materials showing relative strength. Doesn’t mean it can’t turn into a sell-off, but pay attention to what’s going on beneath the surface if you want to make money.
Has been a megacap-dominated rally up until about 2 weeks ago. From my notes: RSP rose by .85% week over week while MAGS fell by 2.7% and SPY rose .5%. Two weeks ago I detected that the MAGS/RSP ratio had begun to reverse the 4w/12w trends higher with a 1.4% move lower. This week we saw a meaningful acceleration of this reversal with the ratio moving 3.5% lower.
As soon as you've asked this quesrion, you've undermined the purpose of index funding. You don't know what will happen, mainstream momentum strategies beat everything and reblaancing seems to work well. You could buy RSP to avoid concentration in top names, but just remember you are fidgeting the main thesis.
Consider FNDX which weights by fundamental indicator (actual company cash flows) rather than market price. Consider RSP which equally weights each company in the index rather than by market price.
an interesting allocation. I am a big fan of managed futures and gold ... with something more balanced plugged in for QLD (perhaps RSP), this could be somewhat like risk parity. as it is, QLD accounts for almost all the risk, and of course the tech/growth concentration doesn't meet OP's requirement to hedge against catastrophe.
There’s a nice ticker that minimizes this: RSP. Equal weight SPY. Same performance, more diversification.
I manage our household finances as a whole, roughly in a barbell strategy. My wife is the safe side of the barbell - almost entirely in VOO (50.5k) and SCHD (44.5k), with meaningful but not significant amounts in RSP (6.3k) and VXUS (12.5k). She also has a single share of Costco and I don't remember why Earlier this year I repositioned my VOO into BRK.B (47k), RSP (5k), AVUV (4.7k), and GLDM (3.3k) to reduce my exposure to megacaps and introduce some conservatism. Today I added a 8.5k leveraged position in GOOG, I already have a large position (57k) which is up 80% or so. Let your winners win, yknow. I have speculative options plays in NKE (1.5k) and USO (0.6k) I have 23.6k in SGOV to act as dry powder to be invested per my IPS, either into NKE depending on pre-defined quantitative benchmarks from their SEC filings or otherwise standby for other potential plays that look appealing and pass a DCF analysis All in all, I'm running her side as a typical "Index fund and chill" and my side as a concentrated bet on Google with the BRK.B investment acting as a "buy the dip" or "value investing" proxy. My thinking there is "they have an insane amounts of cash and a framework of value investing that I learn from, why try and do it better than them if they're the ones who have all the cash if a crash happens." It's me attempting to recognize that if a crash happens, I'm not likely to outperform their value investments My thesis for Google is that they own the entire vertical in the AI space, have the distribution network setup, and they're also my quantum computing exposure which I'm very bullish on
Potential Problem: Space-X is added to the SP500 Index, and since many 401k's have the SP500 as their main (or one of the main) US stock funds available, if it's overvalued, then its eventual drop will affect the SP500 and the funds that track it. Right now the ten largest stocks make up these percents of the SP500 Index (because it's cap-weighted): |Rank|Ticker|Company|Weight|Price/Share| |:-|:-|:-|:-|:-| |1|NVDA|NVIDIA Corp|7.88%|$224.36| |2|AAPL|Apple Inc|6.52%|$306.31| |3|MSFT|Microsoft Corp|4.96%|$460.52| |4|AMZN|[Amazon.com](http://Amazon.com) Inc|4.08%|$261.26| |5|GOOGL|Alphabet Inc|3.41%|$376.37| |6|GOOG|Alphabet Inc|3.17%|$372.58| |7|AVGO|Broadcom Inc|3.16%|$459.97| |8|TSLA|Tesla Inc|2.26%|$415.88| |9|META|Meta Platforms Inc|2.21%|$600.47| |10|MU|Micron Technology Inc|1.69%|$1035.50| Potential solution: In your IRA or Roth IRA, buy RSP. This fund is all the stocks of the SP500, but all equally weighted. Or, if your 401k has other fund options, include those. Or, realize that Space-X won't be that large of a proportion of the SP500 and don't sweat it. I mean, Long Term Capital Management was a tiny company, but they crashed THE WHOLE WORLD'S ECONOMIES back in 1998. The bad government of your state or county will have a lot bigger effect on your life than Space-X stock.
From the March 30 lows: * BRKB: -0.5% * RSP: +10.45% * XLK: +55%
It's not just 401Ks, think RSP and whatever other countries have that is similar globally!
The Market is heating up. The biggest difference between this and other bubbles is that there is actual REAL demand for infrastructure to support the AI movement. Multiple companies are backlogged on orders both for memory & hard drives. Power and optics are needed. This isn't [pets.com](http://pets.com) hoping to sell. Now aside from any fraud that is that occurring, things seem unrealistic but Supply & Demand is all that matters. Follow the Trend and right now it's still up. RSP/SPY is still in tack as is MOVE/VIX. $DXY is back up support & flagging on the monthly. Good luck out there.
While it doesn’t completely eliminate all exposure, if you purchase RSP, that is an equal weight S&P 500 index ETF, so you’d have market exposure and your Elon exposure would only be 2/500.
This is the move. VOO has stopped being a tru diversification tool anyway. RSP exists and more people should know about it
You will still have a lot of tech. Maybe try RSP or VYM, or look elsewhere.
Equal weight index funds have higher fees, but allow for not being overly focused on tech. RSP for example is 0.2% vs VTI at 0.03%.
War ending = market breadth returning..? RSP it’s your time to shine for some reason
You could look into putting it into RSP or some other equal weighted S&P fund. It will still keep you in the S&P but will reduce the tech exposure a bit
Better to buy RSP (equal weight sp500) if you want large cap equities but to not be over indexed on tech. I’ve moved almost completely from SPY to RSP.
You could put into RSP (the S&P equal weight fund)
Eh. Equal weight RSP is doing fine
I sold my VOO and got RSP instead, it's S&P equal weight. I get my tech exposure from Google. Even if all the AI stuff burns to the ground, Google will have a profit engine running with search
There was a time when Intel ruled the space and where are they now? Chips are a low-margin business and while a company might be doing blockbuster business, someone will come up with something better or cheaper in two years. Everything needs chips but that doesn't mean that the majority have much more than commodity value. They are one of the best places to be right now but not something to build a future upon. Stay diversified so that you maintain momentum while sectors cycle out of the fire. Healthcare is currently doing pitifully badly but the world will never not need it. It might be a good place to park a little bit of money while prices are relatively low. Financials never seem to be down for long but also have been dragging a bit. I'm not big on broad-market holdings although I do have 40% of my investment in the RSP equal weight index. It's my insurance for when my themes go South. The themes that currently are mostly going up to the moon.
Compare RSP to VOO performance
Good sector breakdown. A few additions worth noting: Tech's dominance in the S&P 500 (~30% weight) means the index is less "diversified" than many assume - a tech correction hits the whole index hard. This is why some people split between S&P 500 and equal-weight versions (RSP). For sector rotation: historically, early cycle favors Consumer Discretionary and Tech, mid cycle adds Industrials and Materials, late cycle rotates to Energy and Staples, recession into Utilities and Health Care. But timing these rotations consistently is very hard.
Easiest way, if you want to stay in large cap and passive, is to buy RSP (equal weight sp500) or large cap value.
This is what I've been thinking, to reduce exposure to the AI/tech concentration of VOO in general though. Building my own etf with RSP at the core and adding some MAG 8 (minus Tesla) albeit at lower weightings than VOO.
Reporting that US officially paused arm sales to Taiwan. Iran conflict is over. Buy RSP and Int'l over SPY though, imo.
I still think RSP is a good buy, generally speaking, but more for the reduced concentration risk than as a .SPX "hedge". Really no harm in having both
This analysis-shaped product is factually false. The TTM SPY/RSP returns also exceeded 10% from Nov 2023 through early July 2024, hitting a peak of 16% at the end. Then in Dec 2024 and again in late Oct/early Nov 2025. The July 2024 and Nov 2025 peaks saw relative underperformance of up to 10%, but unless you timed the top and bottom perfectly, you would not have saved any money. Maybe even lost some. If you followed this method you would've rotated to RSP in Nov 2023 and underperformed SPY by 5% over the next 12 months. Rotating to RSP in Dec 2024 would've underperformed SPY by 6% over the next 12 months. We're currently 7 months since the Oct 2025 rotation and SPY is flat with RSP on a relative basis. Always review your AI slop with scrutiny.
Exactly. ES is gradually transitioning from a strong bull trend into more of a trading range environment. At this stage, bulls should start taking partial profits, while some bears have already begun building positions. The market structure is changing beneath the surface, just like the widening SPY vs RSP return spread suggests. When fewer stocks are carrying the index higher, momentum becomes harder to sustain. That’s usually when volatility and two-sided trading start to increase.
Note that in both cases, RSP outperformed SPX because the market dropped and RSP, being more diversified, didn’t drop as much. In both cases, you would’ve been better off holding cash over the next 1-2 years than either. Make of that what you will.
I didn't even need to read the whole thing to figure out it was AI. Comparing VOO to RSP is like comparing SCHD to VTI. They're different instruments for different investing strategies. Nobody is investing in RSP trying to beat SPY.