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$NDXE

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The Nasdaq 100 Equal Weight Index is experiencing significant underperformance against the S&P 500 Equal Weight Index, marking its worst relative monthly drop in two decades.

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$NDXE is trailing $SPW by nearly 7% in July, its largest monthly underperformance in 20 years.

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@jessicamenton· 7.1K followers
An equal-weight version of the Nasdaq 100 $NDXE is trailing the S&P 500 Equal Weight Index $SPW by nearly seven percentage points in July, on track for its largest monthly underperformance relative to its counterpart in history, Bloomberg data going back two decades shows. ht

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