Equal Weight Lags Parent S&P 500 in April
May 03, 2023 at 14:34 PM EDT
The S&P 500 Equal Weight Index lagged its cap-weighted parent S&P 500 in April, marking the third consecutive month of underperformance after a long period of outperformance. The market’s recovery continued in April as investors focused on first-quarter earnings reports, further propelled by expectations of just one more interest rate hike from the Fed. Each [...] The post Equal Weight Lags Parent S&P 500 in April appeared first on ETF Trends .
