QVMS - Still Extreme Levels Of 'Ridiculousness'

February, 02 2022 08:30 PM Invesco S&P SmallCap 600 QVM Multi-factor ETF

Despite the strong two-day rally to finish the month, January was the worst start to the year for the Nasdaq (down 19% peak to trough) since 2008.
As a result, you might have thought that the decline would have made some progress in normalizing valuations but you would have been wrong.
The median stock in the S&P 500 Index is still roughly 20% more expensive than it was pre-pandemic and 70% more expensive than at the peak of the DotCom Mania in 2000.

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Company Name:	Invesco S&P SmallCap 600 QVM Multi-factor ETF
Stock Symbol:	QVMS
Market:	NYSE