Sunday, January 31, 2010

Equal Weight S&P vs Regular S&P

Using RSP (Rydex Equal Weight S&P 500 ETF) and SPY (regular S&P weighted by market cap) as our proxies, here is the ratio dating back a long long time:

RSP from substantially outperformed SPY from 2000 to 2006, and again over the past year. But is that a double top at .357?