Apple Sauce: Equal vs. Cap-Weighting

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Impact of Apple Swoon.  It’s not all due to Apple, but this comparison of an equally-weighted S&P 500 (RSP) vs. cap-weighted S&P 500 (SPY) shows a pretty significant drift over the last few months.  This provides some reinforcement for our argument for a Value Line 1700 proxy using equally-weighted components.

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