RSPA: Equal-Weighting And Income Generation

  • RSPA offers high income (9.34% yield) and defensive exposure via equal-weight S&P 500 and ELNs, reducing tech bias and idiosyncratic risk. The ETF underperformed the S&P 500 recently, but it has consistently been delivering lower volatility, which is valuable, amid AI hype and trade policy uncertainty. Current economic data points to decelerating growth, a softening labor market, and higher inflation, justifying a cautious approach.