Now available on the ASX: BetaShares S&P 500 Equal Weight ETF
The BetaShares S&P 500 Equal Weight ETF (ASX: QUS) provides exposure to 500 leading companies traded companies on the U.S sharemarket, with an equal weighting allocated to the stocks in the portfolio. Equal weighting helps to ensure investors gain broad and diversified exposure to the U.S. sharemarket, while reducing the risk of concentrated exposure to the largest stocks in the index.
For broad U.S. exposure, we believe the need to diversify is more important than ever, given that the top five stocks in the S&P 500 now account for around 21% of the index by market capitalisation (as at 31 January 2021).
The equal weighted methodology is simple, yet has been effective, with the S&P 500 Equal Weight Index outperforming the market-cap weighted S&P 500 Index since its inception*, making it an interesting option to consider for a core holding to U.S. equities.
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