Market Cap vs Equal Weighting Indices

Equal Weighting vs Market Cap Weighting
An equally weighted index will give a clearer perspective of how the majority of stocks which make up the index are performing, rather than bias the index to how the market leaders are performing which happens in market cap weighted indices. You can see here the current weightings of the HUI & XAU & the bias that the largest stocks have.
XAU WEIGHTINGS

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