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Equal Weight Sector ETFs Hold Steady Despite Earnings Misses

On Monday, VettaFi wrote that equal weight sector ETFs were better positioned to hold steady if Big Tech companies were to report disappointing third-quarter earnings. So far, they have. An equal weight approach is particularly impactful for indexes comprising Big Tech companies, as they tend to dominate market cap-weighted indexes and have an outsized impact. [...] The post Equal Weight Sector ETFs Hold Steady Despite Earnings Misses appeared first on ETF Trends .
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