If the Market Rally Stalls, This ETF Can Insulate Portfolios

The S&P 500 has rallied over 18% since Q2 on AI enthusiasm, but concentration risk is rising as the top 10 companies account for 40% of the index. The Invesco S&P 500 Equal Weight ETF (RSP) offers a hedge against this concentration by maintaining equal weightings across all 500 companies through quarterly rebalancing. With lower volatility (beta of 0.92) and a higher dividend yield (1.50%), RSP provides downside protection while historically outperforming market-cap-weighted indices by 1-1.05% annually since 1990.