The BDI is actually down on 12 months.
It is just bouncing around as it normally does, and nothing dramatic has happened either way.
Nothing to see here. Could be OP is looking at some bad data or ?
Year to date ....
It seems OP has seen this chart fragment:
If you glance at that chart fragment, you might think &...
I even tried getting rid of the obvious massive tech winners and just
relying on stocks like McDonald’s, Coca-Cola, Costco, j&j and GE
You used survivor bias to pick your stocks.
You picked Costco, but didn't pick Toys R Us, Sears, Radio Shack, or JCP.
You did pick GE, which has had a tough decade but also didn't pick airline stocks.
Energy companies ...
Why do the paid prices for an accumulating ETF share follow the current net asset value per share?
The creation and redemption mechanism of ETFs ensures this. The share prices of ETFs (including accumulating ETFs) will follow the net asset value (NAV) per share because "authorized participants" will conduct arbitrage when the price and NAV deviate....
The Russell 2000 has little to no overlap with the S&P 500, and has a market-cap-weighted ETF with options (IWM), but (as noted by Flux) no longer has an equal-weighted ETF.
If you relax the requirement of 2000 or more stocks, the S&P MidCap 400 and S&P SmallCap 600 have equal-weighted ETFs (EWMC and EWSC), but they do not appear to have options.
Ideally 2000 companies should be weighted equally (same cash value in ETF for each stock), not proportional to its market cap.
Equal-weighted ETFs with 2000 companies and no S&P 500 components used to exist in the US. The Guggenheim Russell 2000 Equal Weight ETF (NYSE Arca: EWRS) changed to track another index in 2016, becoming EWSC (see below), so it ...