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Equal weighted index options?
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Mike ...
Posted: 04 March 2025 10:04:08(UTC)
#1

Joined: 16/03/2023(UTC)
Posts: 39
There doesn’t seem to be too many options if you’re looking to dial down concentration of the typical global index by introducing (or switching) to an equal weight ETF/fund.

One possible:

MWEP

Invesco World Equal Weight

2000 holdings

Typical geographical weightings (c 60% US)

Unhedged

TER 0.20%



One possible concern is the small size of the fund which may affect liquidity and spread? I don’t know if this would be the case.


Are there other options available?
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Sheerman
Posted: 04 March 2025 10:14:20(UTC)
#2

Joined: 01/07/2019(UTC)
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For the US I use to reduce Mag 7

iShares III plc S&P 500 Equal Weight UCITS ETF (Acc) (EWSP)
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Cm258 on 04/03/2025(UTC)
MarkSp
Posted: 04 March 2025 10:17:48(UTC)
#3

Joined: 02/02/2020(UTC)
Posts: 2,170
Sheerman;336446 wrote:
For the US I use to reduce Mag 7

iShares III plc S&P 500 Equal Weight UCITS ETF (Acc) (EWSP)


Not global :)

You might want to look at WTEF it is more stable than EWSP and VUSA
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Mr Bean
Posted: 04 March 2025 10:23:32(UTC)
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Joined: 08/04/2021(UTC)
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I like the sound of MWEP. It is not on HL yet though. It is growing, now £200m in size but seems like a 1% spread so holding off for now.

Hopefully will start a regular drip into this once it is available.
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Andrew Copson on 04/03/2025(UTC), Cm258 on 04/03/2025(UTC)
Cm258
Posted: 04 March 2025 13:14:43(UTC)
#5

Joined: 30/07/2022(UTC)
Posts: 458
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smg8
Posted: 04 March 2025 14:31:26(UTC)
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I mentioned in another thread that one option for people who want passive equity exposure but don't want to be in a market cap weighted global index is to look at multi-asset funds at the upper end of the risk scale.

Things like the AJ Bell, Aberdeen and L&G low cost passive multi assets have active management around the asset allocation and appear more diversified than simply buying a global tracker.

This may suit some people's needs/risk appetite. The downside is they are unlikely to return the same as a global tracker over time, but the if it's perceived to be lower risk this is a trade off that may be worth making.

An example as to what £100k gets you;




I am sure some will dislike the home bias, to each their own of course!
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Aminatidi on 04/03/2025(UTC), Jon.Snow on 04/03/2025(UTC)
Aminatidi
Posted: 04 March 2025 16:39:26(UTC)
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Funny how stupid things like taking vowels out of your name can put you right off a company.

Might have to have another look at aberdeen (who have added the missing vowels back in today).
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Rob B on 04/03/2025(UTC)
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