The S&P 500 Equal Weight Index outperformed its cap-weighted parent in the last month of 2022. The S&P 500 EWI declined -4.7% in December, outperforming the S&P 500 on a relative basis, which declined -5.8% during the month. The month of negative performance put an end to equal weight and the S&P 500’s short-lived rally, during [...] The post Under the Hood of Equal Weight’s December Outperformance appeared first on ETF Trends .