After a challenging start to 2016 for US small cap stocks as measured by the US small-cap Russell 2000 Index, the Index has risen nearly 7% in the month of March as of March 18. In fact, it has outperformed the Russell 1000 Index (+6.3%), the Russell Top 200® Index (+5.9%) and the Russell Top 50 Megacap Index (+5.3%) for this same period.
Examining US small caps more closely, the Russell 2000 Value Index has risen 7.7% in March to-date, relative to a 5.6% return for the Russell 2000 Growth Index. And, year-to-date, the Russell 2000 Value Index has risen 1.1%, relative to a 6.5% fall for the Russell 2000 Growth Index.
Tom Goodwin, Senior Index Research Director, FTSE Russell:
“Keeping a watchful eye on the key market indexes, particularly those measuring rapidly moving market areas such as US small caps, is a prudent habit for successful long-term market participants. Bellweather market measures like the Russell 2000 Index help market participants pick up on changing market directions but, most importantly, what factors might be influencing those market transitions.”
Russell Index Performance
Source: FTSE Russell. Data as at March 18, 2016. Past performance is no guarantee of future results. Please see the end for important legal disclosures.
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