Equal weight index funds employ the "Smart Beta" strategy. They track the performance of a set number of digital currencies with equal dollar holding in each. This makes them a straightforward investment.
Equal weight index funds systematically buy low and sell high at each rebalance, therefore maintaining equal holdings across each component of the portfolio, adhering to the fundamental rules of successful long-term investing.
Equal weight index funds beat market cap weight index funds over 57% of the time using one year test periods, while outperforming over 84 % of the five-year periods, and 100 % of the ten-year periods.