The Russell 2000® Index, which measures US small-cap stocks, rose 16.6% from the US presidential election through December 9.
And when FTSE Russell looked more closely at investment styles contributing to the US small-cap stock performance spike since the US presidential election, value-oriented US small-cap stocks have shown the highest increase, as evidenced by the Russell 2000 Value Index increasing by nearly 20% from November 8 through December 9, followed by growth-oriented US small-cap stocks (evidenced by a 13.2% increase in the Russell 2000 Growth Index over the same period).
Tom Goodwin, CFA - Senior Index Research Director, FTSE Russell:
“Even as we approach the 30th anniversary of their founding, the Russell US style indexes remain an excellent tool to gauge the level of US market style leadership at any one time. In the case of the Russell 2000 Value Index, the fact that it has led its growth counterpart in the period since the US election seems to indicate that investors are still finding value opportunities in this market.”
For more information on the Russell 2000 Index or Russell US style indexes, go to the FTSE Russell website.
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