Why This Underrated S&P 500 ETF May Be the Best Way to Invest in the Index Right Now
You can take a different approach and still manage to invest in the same companies.
Overview
The S&P 500 is one of the most common and effective ways to invest in the stock market. It tracks around 500 of the largest American companies on the market and is the go-to for millions of investors who prefer a passive approach to investing.
Although the S&P 500 companies are fixed, there are various ways to invest in the index, including via an equal-weight ETF, such as the Invesco S&P 500 Equal Weight ETF (NYSEMKT: RSP). It's likely not where your mind goes when you think of the S&P 500, but it's an underrated way to invest in those same companies, especially in the current environment.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.