Invesco S&P 500 Equal Weight ETF Price & Performance (RSP)

UBS Asset Management has launched a synthetic equal-weight S&P 500 ETF, offering a lower expense ratio of 0.12% compared to competitors. The ETF sidesteps U.S. dividend withholding taxes, providing a cost-efficient alternative. Equal-weight strategies gained traction in 2024, with significant inflows reported for similar products.12

Economic uncertainty has pushed U.S. consumer sentiment to its weakest point since November 2023. The Michigan Consumer Sentiment Index dropped to 64.7 in February, reflecting inflation concerns and tariff uncertainties. Housing markets also show strain, with high mortgage rates and elevated prices impacting confidence.34

Defensive ETFs are seeing increased demand as recession fears rise. Indicators like the Buffett Indicator and VIX suggest heightened market uncertainty. Investors are turning to assets like gold and short-term bonds to shield portfolios. This shift comes amid a broader market pullback and concerns over economic stability.56