Equal-weight S&P 500 ETF outperforms SPY by 5 points in June
RSP is on track for its best monthly relative performance since 2009, a sign the U.S. equity rally is broadening beyond the largest-cap stocks.
Fact Check
The supplied link resolves to the originating Kobeissi Letter post (June 27, 2026) which states the exact claim: RSP outperforming SPY by +5.0 percentage points MTD, its best monthly relative performance since 2009, signaling a broadening rally. Independent primary corroboration from Seeking Alpha (June 11, 2026, citing Citadel Securities) and Opening Bell Daily confirms RSP/equal-weight outperformance and rotation away from mega-cap tech in this period. The exact '5 points' magnitude and the 'since 2009' superlative are sourced from the originating post and are internally consistent (RSP +1.9% vs SPY -3.1% ≈ 5 pt gap); these specific statistics are not independently re-confirmed to the decimal, hence medium rather than high confidence.
Summary
The S&P 500 Equal Weight ETF, RSP, has outperformed the S&P 500 ETF, SPY, by 5.0 percentage points so far in June, indicating that gains are spreading more broadly across the U.S. stock market rather than being concentrated in the biggest companies. That puts RSP on pace for its strongest monthly outperformance versus SPY since 2009 and would mark its second-best month relative to SPY in the available record.
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