Chart Of The Day: One Index, Two ETFs, One Important Story

MoneyShow 2.66K Followers Follow Summary The MoneyShow Charts of the Day show the Invesco S&P 500 Equal Weight ETF and the more widely followed SPDR S&P 500 ETF. RSP has been stair-stepping higher for the last few months, while SPY has been chopping sideways. They both broke out to the upside this week. But on a year-to-date basis, RSP has been the (modest) winner with a 14.9% gain versus a 13.2% rally for SPY. The iShares Russell 2000 ETF (IWM) is doing even better than SPY - up about 22.7%. The iShares MSCI ACWI ex US ETF (ACWX) is also slightly outperforming, up 14.5%. We aren't in a megacap-only market anymore. We have a broader advance underway. Donny DBM/iStock via Getty Images By Mike Larson What important story is the S&P 500 Index ( SPX ) telling? It depends on which two tracking ETFs you’re listening most closely to! Today, I’m sharing two MoneyShow Charts of the Day. The first shows the Invesco S&P 500 Equal This article was written by MoneyShow 2.66K Followers Follow MoneyShow — an industry pioneer in investor education since 1981 — is a global, financial media company, operating the world's leading investment and trading conferences. Each show brings together thousands of investors to attend workshops, presentations and seminars given by the nation's top financial experts. The company also offers exclusive seminars-at-sea, with the investment industry's leading partners. In addition, MoneyShow operates the award-winning, multimedia online community, Moneyshow.com and publishes free Investing and Trading newsletters, which provide individual investors with exclusive ongoing access to the latest investment and trading ideas from the nation's most respected and trusted financial newsletter advisors.