Citi Rebalancing Highlights Benefits of Revenue Weighted ETFs

The following is an exerpt from Michael Johnston’s article from etfdb. Michael states, “So market capitalization-weighted ETFs, such as iShares’ S&P 500 Fund (IVV) and State Street’s Financial Select Sector SPDR Fund (XLF), are doubling their holding in Citi following a somewhat arbitrary corporate action (arbitrary in the sense that it in no way impacts […]