Last week, the Russell 2000 (INDEXRUSSELL:RUT) was down 3.1% while the Russell Midcap (INDEXRUSSELL:RMCC) and Russell 2500 (INDEXRUSSELL:R25I) lost 1% and 2.2% respectively. As SMID sector highlights, Consumer Discretionary was the best performing sector while Health Care was the worst performing on the week. The sell-off caused a huge spike in volatility as shown in the chart of the CBOE Russell 2000 Volatility Index (INDEXCBOE:RVX) below. Performance YTD The following table shows the YTD sector-wise performance for the Russell 2000 (INDEXRUSSELL:RUT) and Russell Midcap (INDEXRUSSELL:RMCC): Will earnings growth catch up with valuations? “Our ‘early cycle showdown’ theme is now coming into play! Against a…
SMIDs Face ‘Valuation Versus Earnings Growth’ Reckoning
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.