This Bespoke graph from the July 2, 2020 weekly Bespoke Report, shows the SP 500 having it’s best 100-day return since 1933. The bull / bear debate requires a separate post, but this set-up is actually a little bearish … Continued
Nothing has really changed yet in terms of “style-box” returns with Growth outpacing Value and Large-Cap beating Small-Cap. Late in the week of May 222nd, The CFA Society of Chicago held a webinar with Gina Adams of Bloomberg (one … Continued
Normally, the “Style Box Update” is done mid-quarter and then the last day of the quarter, but Tuesday might be busy. Growth is still hammering Value, and by a wide, wide, margin. No doubt Energy and now the Financial … Continued
These used to be the Top 10 names by market cap in the SP 500. Procter & Gamble and Visa have ascended to the Top 10, Bank of America and Exxon Have dropped out. Procter & Gamble is not in … Continued
Here is our twice-quarterly style box spreadsheet for readers. To preface the content, using iShare ETF’s for style-box returns, Value is clearly outperforming Growth across all market-caps. However, using the Vanguard style-box ETF’s and YTD returns, the Growth style … Continued
This “style box” update is refreshed every 6 weeks for readers so that the various market caps and styles can be tracked in terms of market leadership. While there was a sudden and sizable rotation from Growth to Value … Continued
After “value” started out 2019 pretty well, outperforming “growth”, large and mid-cap growth have widened the lead again from an absolute and relative performance. What may be even more interesting is that looking at Q4 ’18, and its 13% … Continued
Because of the cacophony of “overvaluation” cries, it always pays to watch where the momentum is in the equity markets versus what is lagging. This style-box analysis and rotation is another way to manage market risk. Large-cap growth is … Continued
“Value” hasn’t significantly outperformed “Growth” since 2016 and even then it was only for a year or so. Is now the time where Value investing comes back in vogue ? Small and mid-cap value sub-sectors are starting to perform … Continued
What’s interesting about the Style Box update the last 6 weeks is that Small and Mid Cap Value are starting to close the underperformance gap between it and Growth. Large Cap Growth’s premium to Value has widened out substantially … Continued