VBR - VBR: Small-Cap Value Cheap As Rates Ease Shares Near All-Time Highs
2024-06-06 03:47:31 ET
Summary
- The S&P 500 Equal Weight Index has shown relative weakness compared to the cap-weighted index, but small-cap value stocks are performing well.
- The Vanguard Small-Cap Value Index Fund ETF Shares is close to its all-time high and has outperformed the Russell 2000 ETF in recent years.
- VBR has wavered in the current quarter due to soft returns in value-heavy sectors, but it still has a low valuation and a solid technical chart.
- I outline key price levels to watch as a bullish seasonal stretch is ongoing.
Much digital ink has been spilled on the topic of market breadth lately. A chart went viral earlier this month showing the multi-year relative weakness in the S&P 500 Equal Weight Index (RSP) compared with the S&P 500 cap weighted (SPY). ...
VBR: Small-Cap Value Cheap As Rates Ease, Shares Near All-Time Highs