📖 Your Q2 Earnings Guide: Discover the Stocks ProPicks AI Highlights to Jump Post-EarningsRead more

Small caps fail to keep up

Published 11/10/2017, 02:06 PM
© Reuters.  Small caps fail to keep up
US500
-
US2000
-
VB
-
IWM
-
IWO
-
TNA
-
TWM
-
TZA
-
UWM
-
RCG
-
IJS
-
IJT
-
VBK
-
SLY
-
IJR
-
VBR
-
IWN
-
ISCV
-
RWM
-
SBB
-
SAA
-
RWJ
-
RZG
-
RZV
-
SCHA
-
SLYG
-
SLYV
-
URTY
-
SRTY
-
VIOO
-
VIOG
-
VIOV
-
EES
-
VTWO
-
VTWG
-
FFTY
-
RVT
-
  • A major late summer into early fall move had the performance of small caps nearly catching up that of the S&P 500 by the start of October. The small caps have faded since, with the Russell 2000's 8.7% YTD advance now trailing the S&P 500 by about 650 basis points.
  • Over the last month, the Russell 2000 is down 2.2% while the S&P 500 has gained 1.3%.
  • What gives? For one, small caps generally make most of their money in the U.S., and could be the big beneficiaries of a cut in the corporate tax rate. Those hopes are fading, or at least set to be delayed. Then there's earnings, and small caps have reported an average decline of 1%, according to BAML, versus a 6% gain for larger caps.
  • ETFs: IWM, TZA, TNA, IJS, VB, IJR, VBR, UWM, VBK, SCHA, SLY, RVT, IWN, IWO, EES, TWM, URTY, RWJ, IJT, RWM, SRTY, FFTY, VTWO, SLYG, RZV, VIOO, SLYV, SAA, JKL, VIOG, RZG, VIOV, RCG, VTWG, SBB
  • Now read: The Time Long Past For Stocks


Original article

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.