Hey y’all, wanted to see what folks here thought of RSP vs other broad market etfs that track the S&P 500
I think my main concern with the S&P 500 is: it no longer seems diversified when tech makes up +40%(particularly if you combine technology + communication services). A lot of AI, even at large/established companies, can be speculative. Moreover the top 10 companies dominate 30% of the S&P
So it’s made consider an equally weighted S&P 500 like RSP but idk. Especially in the long run
Would love to hear other folks two cents
RSP vs broad market S&P 500 etf
byu/Klutzy-Chicken-2148 ininvesting
Posted by Klutzy-Chicken-2148
3 Comments
Yeah I starting buying some RSP over VOO recently, it seems to be inversely correlated on some days interestingly. Does seem like much better diversification imo without giving up too much yield especially this year.
I’ve owned RSP for more than 15 years. It was sold to me back when it was common to have brokers and ETFs were starting to look better than mutual funds. The broker pitched it as a smart play because fee was lower than mutual funds and why should market share dictate amount of investment.
This is the same guy who told me to buy AT&T over TSLA about a year after IPO.
Thankfully I only took his advice on RSP. Just go buy VOO on Robinhood.
RSP trades against momentum