Fibonacci retracement is a powerful technical tool that analyzes potential support and resistance levels within price movements. By employing the Fibonacci sequence, traders can locate key price points where trends may reverse. This method provides valuable insights into market momentum, enabling traders to make strategic decisions about entry and
Understanding Equal Weight ETFs: A Comprehensive Guide
Equal weight exchange-traded funds offer a unique approach to portfolio construction by allocating equal weights to each holding within the fund. This methodology differs from traditional market-cap weighted ETFs, which give larger weightings to companies with higher market capitalizations. By distributing assets uniformly, equal weight ETFs aim to
Examining RSPM ETF Performance Against Equally Weighted Materials Benchmarks
Investors seeking exposure to the materials sector often opt for Exchange Traded Funds (ETFs) like the iShares S&P 500 Materials ETF. To understand how these funds consistently perform, it's crucial to analyze their performance against relevant benchmarks. One such benchmark is an equal-weight materials index, which assigns each component holding i