Vanguard's S&P 500 index fund changed how we invest — but there may be a smarter way to get into the market

Today is the 50th anniversary of the launch of the Vanguard Group's pioneering S&P 500 index fund. The late Jack Bogle's creation — a low-cost fund that didn't try to pick individual stocks, but simply owned them all — was a brilliant innovation that liberated ordinary investors from the burden of high fees.

Market Watch • Aug 31, 2026

Is iShares MSCI USA Equal Weighted ETF (EUSA) a Strong ETF Right Now?

Making its debut on 05/05/2010, smart beta exchange traded fund iShares MSCI USA Equal Weighted ETF (EUSA) provides investors broad exposure to the Style Box - All Cap Blend category of the market.

Zacks Investment Research • Aug 20, 2026

EUSA: Take Profits (Rating Downgrade)

I am downgrading iShares MSCI USA Equal Weighted ETF to Hold from Buy due to my concern that it could fall substantially. EUSA's sector diversification and low management fee (0.09%) make it an attractive alternative to market-cap-weighted peers, especially for those wary of large-cap concentration. Scenario analysis suggests the fund could outperform in bearish or neutral markets, offering relative downside protection versus S&P 500 ETFs like SPY and VOO.

Seeking Alpha • Jul 13, 2026

EUSA: Why I Am Upgrading This Equal-Weight Large-Cap ETF

I am upgrading iShares MSCI USA Equal Weighted ETF (EUSA) from Hold to Buy, citing its unique equal-weighted approach versus concentrated S&P 500 ETFs. EUSA's sector diversification and low management fee (0.09%) make it an attractive alternative to market-cap weighted peers, especially for those wary of large-cap concentration. Scenario analysis suggests EUSA could outperform in bearish or neutral markets, offering relative downside protection versus S&P 500 ETFs like SPY, IVV, and VOO.

Seeking Alpha • May 11, 2026

How Equal-Weighting Is Winning in a Concentrated Market

Concentration risk has been persistent in the U.S. market in recent years. Narrow leadership in the hands of a few megacap, AI-linked stocks has pushed the S&P 500 into levels of concentration not seen in many years.

ETF Trends • Apr 10, 2026

3 Equal-Weight ETFs Outpacing the S&P 500 in 2026

The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) has a concentration problem that keeps getting worse.

24/7 Wall Street • Apr 9, 2026

EUSA Is Beating SPY in 2026 While Retirees Rethink Mega-Cap Concentration

Most broad market ETFs hand the biggest stocks the biggest votes. That means a standard S&P 500 fund today puts a disproportionate slice of your portfolio into a handful of mega-cap tech names, whether you want that concentration or not.

24/7 Wall Street • Mar 12, 2026

The Best Growth Index ETF to Invest $100 in March 2026

Most ETFs are now poorly balanced, skewed by a few tech stocks that performed exceedingly well. If these tech stocks fall dramatically as a group, it would result in exaggerated losses for ETFs that hold oversized positions.

The Motley Fool • Mar 12, 2026

EUSA: A Large-Cap ETF That Makes Sense Right Now

I am initiating iShares MSCI USA Equal Weighted ETF (EUSA) with a Hold, citing its uncommon equal-weighted approach and extremely low fee structure. EUSA offers lower Technology exposure and higher Industrials weighting versus the S&P 500, with a trailing PE of 24x and a P/B of 3.3x. Despite lagging RSP historically, EUSA's 2026 weighted return projection of 3.1% outpaces my S&P 500 estimate, benefiting from potential outperformance of smaller constituents.

Seeking Alpha • Feb 17, 2026

EUSA: A Suboptimal Choice With Surprisingly Higher Risk, Lower Reward

iShares MSCI USA Equal Weighted ETF is a passively managed vehicle tracking the MSCI USA Equal Weighted Index since September 2015. EUSA could be a solution to IVV's valuation and top-heaviness issues. And it does deliver here, with an about 11.45x lower weighted average market cap and a much lower P/E. However, surprising issues arise: EUSA has not only underperformed IVV since the index change in 2015 but also delivered higher volatility and deeper maximum drawdowns.

Seeking Alpha • Oct 25, 2025