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ONCE - The Best-Performing Small-Cap Stocks YTD: May 2019
Spark Therapeutics Inc.
The iShares Russell 2000 ETF (IWM) tracks a basket of small-cap stocks including companies not typically part of large-cap broad market indexes like the S&P 500. Year to date, the ETF is up 15%, but still 10% below its all-time high set in August of 2018, which is in contrast to the S&P 500 and NASDAQ 100 that both rallied to make a new high this year. The under-performance over the past year, particularly since Q3 2018, is something of a curiosity considering apparently strong economic data from the U.S., with Q1 GDP