- One favorable aspect of the recent equity market performance is the broadening participation of asset classes other than the large-cap FANGMA stocks.
- Since September 2020, small-cap and mid-cap stocks have experienced a significant reversal in performance and are far outpacing the FANGMA stocks' return as well as the S&P 500 Index itself.
- Also notable is the return disparity of the Invesco S&P 500 Equal Weighted Index compared to the S&P 500 Index, a capitalization-weighted index.
For further details see:
Broadening Participation In Equity Market Asset Classes