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 beats small in Q1 market rout, but Value fares best of all

The Russell 1000 held its edge vs the Russell 2000 amid the global market downturn in Q1, as Fed rate hikes, the crisis in Eastern Europe and surging rate and inflation expectations drove a preference for larger stocks across industries. This macro backdrop also fueled a rotation from Growth into Value, buoyed by its bigger exposure to reflation beneficiaries.