Fibonacci retracement is a powerful technical strategy that reveals potential support and resistance levels within price movements. By employing the Fibonacci sequence, traders can locate key price points where trends may hesitate. This technique provides valuable insights into market momentum, enabling traders to make strategic decisions about ent
Demystifying 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 approach differs from traditional market-cap weighted ETFs, which give larger weightings to firms with higher market capitalizations. By allocating assets uniformly, equal weight ETFs aim to reduce t
Evaluating RSPM ETF Returns Against Balanced 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 measure up, it's crucial to analyze their performance against relevant benchmarks. One such benchmark is an equal-weight materials index, which allocates each component holding in the in