Authored by FTSE Russell’s Global Investment Research team, this new quarterly publication provides a deep-dive into the performance and key market drivers of US equities, viewed through the lens of Russell large-cap (Russell 1000), small-cap (Russell 2000), Growth and Value indexes.

Large-caps trounce small-caps in 2021, but Russell 2000 Value still wins in style

US stocks rode reopening tailwinds to new heights in 2021, ultimately overcoming bouts of risk-off turbulence fueled by new virus outbreaks, surging inflation and the Fed’s recent hawkish pivot. Amid simmering worries about the US recovery, Russell 1000 and large-cap Growth extended their winning streaks in Q4, but small-cap Value retained style leadership for the full year.