The equal weight mid cap stocks segment on TrackInsight rose significantly last Friday, April 17th with an average gain of 5,36% for the 8 ETFs included in this segment. Equally weighted strategies enable investors to increase diversification and mitigate risk by mechanically reducing their exposure to the largest companies. Traditionally, indices use a weighting scheme based on the market capitalization of their constituents. Despite the rebound, this segment suffered heavy losses in 2020. The drawdown reached close to 43% mid-march and the segment is still down 30% year-to-date. From the flows perspective, the trend is also negative for the first quarter with a net outflow of $ 542 million for this segment of 8 ETFs, which now gathers $2,28 Bn of assets under management.