- Amid the widespread stock-market wreckage arising from the Russian-Ukraine conflict in February, there was one notable survivor: US small caps actually posted gains for the month, eclipsing the broad US market and most markets elsewhere.
- Small-cap companies typically derive more of their revenues domestically and, thus, are likely to be more immune than their larger multinational peers to the havoc being wreaked on global commerce by the Ukraine crisis and financial sanctions on Russia.
- Relative valuations may be another factor underpinning recent small-cap outperformance.
For further details see:
U.S. Small Caps Outperform In Global Meltdown