Description

This ETF is designed to track the performance of the S&P 500 Equal Weight Index. This benchmark comprises the 500 largest publicly traded companies in the United States, together making up roughly 80% of the investable market's free-float capitalization. A key feature of this index is that every constituent company is assigned an identical weighting, irrespective of its market valuation. The index's composition and weightings are re-assessed on a quarterly basis. For comprehensive details on the index's selection process and weighting methodology, please visit: https://www.spglobal.com/spdji/en/.