S&P 500: https://finance.yahoo.com/quote/%5EGSPC?p=^GSPC
Equal-weight S&P 500 index: https://finance.yahoo.com/quote/%5ESPXEW?p=^SPXEW
Invesco S&P 500 Equal Weight ETF (RSP) -- https://finance.yahoo.com/quote/RSP/history?p=RSP
Again showing the big divergence between the mostly Tech giants that dominate the S&P 500's performance and most of the S&P 500 stocks. Unfortunately I haven't found historic data for ^SPXEW above, but there is for the the Invesco S&P 500 Equal Weight ETF (RSP)
Invesco S&P 500 Equal Weight ETF (RSP)
12/31/19 Close: 115.72 -- End of Year 2019
02/12/20 Close: 118.71 -- All Time High
08/26/20 Close: 110.85 -- Today's close, 6.6% below it's all time high (reached in February), and down 4.2% year-to-date
In an S&P 500 equal weight index, all 500 companies are given equal weight. So that a few giants don't dominate, and giving a better idea how the non-giants are doing. FWIW.
The
regular S&P 500 index is 2.7% above what was its all time high set in February (first exceeded 8 days ago), and up 7.7% year-to-date. (Using closing prices in all of the above numbers in this post)
Quite a divergence.
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