IWO - IWO: Diverging From IWF But Can Still Catch Up
2024-01-29 17:38:39 ET
Summary
- Large-cap growth has outperformed small-cap growth, causing the iShares Russell 2000 Growth ETF to lag significantly behind the iShares Russell 1000 Growth ETF.
- These two funds used to be highly correlated. What happened, and could IWO catch up again?
- Small-cap growth companies could do well in 2024. Just don't expect IWO and IWF to correlate again.
Large-cap growth has been one of the leading sectors over the last year and the growth/value ratio as shown by the iShares Russell 1000 Growth ETF ( IWF ) / iShares Russell 1000 Value ETF ( IWD ) has finally broken to new all-time highs in January after topping in September 2020....
IWO: Diverging From IWF, But Can Still Catch Up