Record Performance Gap
This year marks the largest first-half performance gap in over 30 years between the market-cap-weighted S&P 500, which favors larger companies, and the equal-weighted S&P 500, where each company has the same influence.
Recent trends highlight that 3 of the last 5 years are significant anomalies. Notably, when considering full-year performances within the same period, the equal-weighted version has outperformed the market-cap-weighted version in more calendar years.
While historical data can inform our strategies, the future remains uncertain. We are committed to continually managing your portfolio in alignment with your drawdown risk tolerance.
Record Performance Gap
Source: Bloomberg, Redwood. Data as of 7/11/2024. Date range from 1/1/1990 - 6/30/2024.
Regards,
Allgood Financial
Disclosure: This piece is for informational purposes only and contains opinions of Redwood that should not be construed as facts. Information provided herein from third parties is obtained from sources believed to be reliable, but no reservation or warranty is made as to its accuracy or completeness. Charts and graphs are for illustrative purposes only. Discussion of any specific strategy is not intended as a guarantee of profit or loss. Past performance is not a guarantee of future results. The objectives mentioned are not guaranteed to be achieved. Investors cannot invest directly in any of the indices mentioned above.
