Exchange-traded funds, or ETFs, present themselves as a popular investment option for investors of all experience degrees. In essence, an ETF is a type of security that tracks the performance of a particular index, such as the S&P 500 or the Nasdaq Composite. Similar to individual stocks, ETFs are exchanged on public exchanges throughout the day.

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Equal weight exchange-traded funds represent a unique approach to portfolio construction by allocating uniform weights to each holding within the fund. This approach differs from traditional market-cap weighted ETFs, which give heavier weightings to firms with higher market capitalizations. By spreading assets proportionally, equal weight ETFs aim

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