Index investing has become more popular, with Warren Buffett recommending low-fee S&P 500 index funds over his own company’s stock. The equal-weight index offers additional exposure to smaller companies in the S&P 500, which have room to grow compared to the dominant top companies. The equal-weight index has historically outperformed the cap-weighted index due to lower valuations and market reversion tendencies. The Invesco S&P 500 Equal Weight ETF is a good option for investors with $1,000, offering potential outperformance over the long run. Consider the risks and potential returns before investing.

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Read more at Nasdaq: The Smartest S&P 500 ETF to Buy With $1,000 Right Now