WTV - Is March 2024's Equity Performance Telling Us It's Time For Value?
2024-04-12 09:00:00 ET
Summary
- In March 2024, there was a distinct shift in performance from growth-oriented strategies to value-oriented strategies in the U.S. equity market.
- After 2023 being all about the so-called Magnificent 7, it’s possible that March 2024 is signaling a broadening out of U.S. equity performance to an environment driven by more than simply the largest companies.
- WTV outperformed QQQ, IVW and IWF in March 2024, indicating a shift in market leadership from growth to value.
By Christopher Gannatti, CFA
It is my fourteenth year at WisdomTree, and I feel like for the large majority of that time, growth investing has been in fashion and outperforming among U.S. equities. The Magnificent 7 1 of 2023 was just the most recent instance of this trend....
Is March 2024's Equity Performance Telling Us It's Time For Value?