RE:RE:RE:RE:RE:SPGenerally, it has to do with the current small cap risk appetite not really being there. Look at the US Russell indexes and our own Venture. They have been underperforming the S&P since May of 2018 for the IWM and since mid 2016 for the Venture. Small caps illiquidity exacerbate the problem of these intraday air pockets we occasionally see in these names.