An equal-weighted basket would spread its holdings across stocks associated with exchange-traded funds carrying a 2x designation, giving each stock the same share of the portfolio.
Investing
Add as a preferred source on GoogleAn Equal-Weighted Basket Would Draw From Stocks Linked to 2x ETFs
The described strategy would give each stock the same share of the basket.
Updated 1 min read
Related articles
Business
Hubbell Sets 7% Dividend Increase, Raising Quarterly Payout to $1.52
The new rate equals $6.08 per share annually. Shareholders of record Nov. 30 are scheduled to receive payment Dec. 15.
Investing
Charles Schwab Sets Nov. 27 Payment for $0.32 Quarterly Dividend
Common stockholders on Schwab’s records at the close of business Nov. 13 qualify; six preferred-stock series have separate payments scheduled for Dec. 1.
Technology
SpaceX FCC Filing Outlines Proposed Hybrid Wireless Network
Bloomberg reported that SpaceX is seeking access to at least 80,000 U.S. cell sites. A separate spectrum acquisition agreement requires FCC approval.