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

The Vanguard S&P 500 ETF (VOO) regained its position as the largest ETF globally after attracting $21 billion in inflows last week. This surge occurred despite market turbulence, with investors leveraging heartbeat trades for tax purposes. Meanwhile, gold prices hit a record high, further highlighting a shift toward safe-haven assets.12

The Michigan Consumer Sentiment Index dropped to 64.7, its lowest since late 2023, reflecting inflation concerns and tariff uncertainties. Short-term inflation expectations rose to 4.3%, the highest in over a year. Housing market indicators also showed strain, with builder confidence and home sales declining, signaling ongoing challenges for the sector.32

S&P 500-linked ETFs, including IVV, SPY, and VOO, have dropped over 7% this year, driven by a tech sector sell-off. Major tech firms, including Tesla and Nvidia, have seen significant declines. Analysts suggest that cooling enthusiasm for AI and bearish technical signals could lead to further losses in these ETFs.24