RSP
Invesco S&P 500 Equal Weight ETF
stock NYSE ETF

It's there. The S & P is being gutted, it's just hidden beneath the weighting of the big tech companies. Go compare SPY to RSP ...the latter being the S & P equally weighted and the damage is obvious. Financials, utilities, and real estate are getting destroyed...because surprise! ...they're rate sensitive.
Guess what else is rate sensitive. Technology. The bond markets are coming for that too. Suggest you plan accordingly.

SPY down -0.19%. RSP +0.2% green actually.
Imagine how investors addicted to endless green gonna react if we ever have a healthy correction.

RSP won't hedge against a market meltdown. However, I have the humility to know that I can't know if the big correction is coming in a day or in two years. So, I maintain an allocation that still has 30% stock. If I include RSP instead of SPY I can still participate in any run up but when the correction comes I won't take nearly the hit that I'd take if a third of my large cap allocation was in the big tech companies.
My big hedge against a meltdown in the stock market is that I allocated a huge percentage of my portfolio to TIPS. It has been a horrible strategy lately but I'm happy knowing that I have an income stream that I can count on.

RSP

Can you talk a bit more about using RSP to hedge against a market meltdown? I get it would be defensive against the ai stocks specifically, but presumably they will drag everything down with them? Not being sassy here , genuinely curious if it might be a good half-way hedge to still get some exposure to future gains

...and doubtless if you own them in equal weighting you're likely alarmed how they're currently underperforming.

SPY v RSP is quite the tale of different weightings. People with SPY are likely to find out very soon that what they really have is a great deal of AI stocks and very little of everything else.

RSP is cool if you want less money in a few companies. It's the SP500 but equally weighted across all the companies

It's there. The S & P is being gutted, it's just hidden beneath the weighting of the big tech companies. Go compare SPY to RSP ...the latter being the S & P equally weighted and the damage is obvious. Financials, utilities, and real estate are getting destroyed...because surprise! ...they're rate sensitive.
Guess what else is rate sensitive. Technology. The bond markets are coming for that too. Suggest you plan accordingly.

SPY down -0.19%. RSP +0.2% green actually.
Imagine how investors addicted to endless green gonna react if we ever have a healthy correction.

RSP won't hedge against a market meltdown. However, I have the humility to know that I can't know if the big correction is coming in a day or in two years. So, I maintain an allocation that still has 30% stock. If I include RSP instead of SPY I can still participate in any run up but when the correction comes I won't take nearly the hit that I'd take if a third of my large cap allocation was in the big tech companies.
My big hedge against a meltdown in the stock market is that I allocated a huge percentage of my portfolio to TIPS. It has been a horrible strategy lately but I'm happy knowing that I have an income stream that I can count on.

RSP

Can you talk a bit more about using RSP to hedge against a market meltdown? I get it would be defensive against the ai stocks specifically, but presumably they will drag everything down with them? Not being sassy here , genuinely curious if it might be a good half-way hedge to still get some exposure to future gains

...and doubtless if you own them in equal weighting you're likely alarmed how they're currently underperforming.

SPY v RSP is quite the tale of different weightings. People with SPY are likely to find out very soon that what they really have is a great deal of AI stocks and very little of everything else.

RSP is cool if you want less money in a few companies. It's the SP500 but equally weighted across all the companies

Time to buy RSP

RSP (S&P 500 Equal-Weight)

RSP closing in on the 200dma. Where’s the bull market 🥭

VXUS or RSP

I don't need to short the market. I can buy RSP instead of SPY. I can reduce the stock market allocation of my portfolio. Sure I may not make a killing but I also can reduce my part of the bloodbath.

I also bought the wrong ETF (RSP)