Mike Larson | Editor-in-Chief

What important story is the S&P 500 Index (^SPX) telling? It depends on which two tracking ETFs you’re listening most closely to!

Today, I’m sharing two MoneyShow Charts of the Day. The first shows the Invesco S&P 500 Equal Weight ETF (RSP), while the second shows the more widely followed SPDR S&P 500 ETF (SPY). As you probably guessed already, the RSP weights every stock in the index equally...while the SPY weights components by market capitalization.

Chart #1: Invesco S&P Equal Weight ETF (RSP)

Chart #2: SPDR S&P 500 ETF (SPY)

You can see that the RSP has been stair-stepping higher for the last few months, while the SPY has been chopping sideways. They both broke out to the upside this week. But on a year-to-date basis, the RSP has been the (modest) winner with a 14.9% gain versus a 13.2% rally for the SPY.

While I didn’t show it, the iShares Russell 2000 ETF (IWM) is doing even better than the SPY – up about 22.7%. The iShares MSCI ACWI ex US ETF (ACWX) is also slightly outperforming, up 14.5%.

So, what’s the important story here? That we aren’t in a megacap-only market anymore. We have a broader advance underway. You can and are making more money in smaller cap names than larger cap ones...and in foreign stocks than domestic.

If you’re a trader looking for the most bang for your buck, don’t ignore this. You can’t focus exclusively on yesterday’s biggest winners. You have to follow what’s winning NOW – and in my opinion, could keep winning.

Traders: THIS is How You Should View AI Technology

How should you think about AI technology when it comes to trading? Tom Sosnoff has thoughts. The co-founder of Lossdog and long-time trading educator explains why he views AI as a powerful new friend that brings a unique element to the table.

While it won't predict the next market move, its strength lies in process optimization, from 24/7 position management to scanning for trades with incredible speed. Check out this MoneyShow MoneyMasters Podcast excerpt for more. 

Canadian investors and US investors in Canadian stocks have weathered tariffs, political uncertainty, recession fears, and market volatility — yet the TSX is still rising, and Bay Street is outshining Wall Street. What’s driving this momentum…and can it last?

At the 2026 MoneyShow Masters Symposium Toronto, you’ll hear from top market experts and renowned educators on the forces shaping Canadian markets — from Canada-US relations and Ottawa politics to profit opportunities in real estate, metals, mining, and commodities. Lock in YOUR seat at the MaRS Centre event Sept. 24-25 here…

🤖 📈 Discover the “Human-AI Edge” – and how to profit in this evolving market – at the 2026 MoneyShow Masters Symposium San Francisco! Click HERE to learn more about the Aug. 25-28 conference at the Fairmont San Francisco.