S&P 500 Index vs. S&P 500 Equal-Weighted Index

In 2025, the traditional, market‑cap‑weighted S&P 500 has strongly outperformed its equal‑weighted counterpart because a small group of very large, tech‑centric stocks has driven most of the gains.

Image: Bloomberg

S&P 500 Index vs. S&P 500 Equal-Weighted Index