When measured against large-cap benchmarks such as the S&P 500, small-cap stocks and exchange-traded funds have disappointed this year. For example, the iShares Russell 2000 Index (ETF) (NYSE: IWM) is up just 0.2 percent, while the iShares S&P SmallCap 600 Index (ETF) (NYSE: IJR) is higher by 2.6 percent. Both small-cap ETFs lag the 2.9 percent returned by the SPDR S&P 500 ETF Trust (NYSE: SPY).
Small Caps, Large Caps And The Rising Dollar
Throughout 2015, investors have heard about small-cap strength by way of the rising dollar, which implies small-cap stocks and the exchange-traded funds that hold them should be beneficiaries of rising interest rates. Obviously, that scenario has yet to materialize in earnest. Making matters worse is the fact that small-caps have lagged large-caps even as the latter's earnings have been ...
/www.benzinga.com/trading-ideas/long-ideas/15/12/6017947/peaking-to-2016-small-cap-etfs-look-for-better-days alt=Peaking To 2016, Small-Cap ETFs Look For Better Days>Full story available on Benzinga.com
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