- Until recently, small caps were this year’s darling, comfortably outperforming their large-cap brethren as the economic recovery manifested.
- The S&P SmallCap 600 finished the first half strong, posting its best performance through the first six months of any year since it was created.
- But the proverbial tortoise caught up to the hare at the start of the second half, as the S&P 500 Index virtually erased its underperformance relative to the S&P SmallCap 600 over the last two weeks.
For further details see:
Can Bloated U.S. Large Caps Make Room For Small Caps?