The S&P 500 Equal Weight Index ($RSP) has shown notable strength, rising by 1% on March 17, 2025, indicating a shift in market dynamics as investors rotate out of mega-cap technology stocks. The index has outperformed the S&P 500 by approximately 2.5% this year, while the S&P Low Volatility ETF ($SPLV) has outperformed the S&P High Beta ETF ($SPHB) by 12.48%. On March 18, $RSP was down 0.78%, contrasting with a 1.83% drop in the mega-cap heavy Nasdaq 100 ($QQQ). Analysts noted that the market is witnessing a rotation towards small-cap stocks, with the Russell 2000 ETF ($IWM) outperforming $QQQ by nearly 100 basis points. The performance of $RSP suggests that investors are seeking safer investments, favoring value and defensive dividend payers amid broader market volatility. The index's ability to regain its 200-day moving average is being closely monitored as it attempts to maintain upward momentum.