After a period of nearly five years underperformance relative to the S&P 500, small-caps rated on th...
After a period of nearly five years underperformance relative to the S&P 500, small-caps rated on the Russell 2000 index began outperforming at the end of last year. Since the start of this year, the total return earned on the Russell has dropped by 8.42% in dollar terms. While negative, this was an outperformance of 9.56% over the S&P 500, which returned -13.67%. The picture is rosier if analysed over five years. Since the end of June 1997, the Russell 2000 index has risen 25%, some 5.28% more than the S&P 500 at 19.72%. The Russell overtook the S&P in November last year and has mainta...
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