Yet thus far in 2017, these trends have been reversed, with the Russell 1000 Index value increasing 1.8% compared with a 1.2% increase for the Russell 2000 Index value. And, year-to-date, growth-oriented small- and large-cap oriented US stocks have recorded higher values than value-oriented US stocks across both cap tiers.
Tom Goodwin, CFA - Senior Index Research Director, FTSE Russell:
“As we approach the 30th anniversary of their founding, the Russell US Style Indexes remain excellent tools 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 recorded higher increases in index value than its growth index counterpart in the period since the US election seems to indicate that market participants are still finding value opportunities in this market. However, the increase in the value of the Russell 1000 Growth Index suggests a resurgence of growth-oriented US large cap stocks in our very short 2017 and certainly warrants further analysis.”
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