https://www.nasdaq.com/article/is-2019-a-year-for-value-etfs-cm1077482January 04, 2019, 08:00:00 AM EDT By Sanghamitra Saha, Zacks.com
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The year 2018 was tumultuous for Wall Street, thanks to renewed global growth worries, Fed's policy tightening, fears of peaking U.S. economic growth, trade war tensions and the government shutdown in the United States. SPDR S&P 500 ETFSPY (down 9.9%), SPDR Dow Jones Industrial Average ETFDIA (down 9.54%) and Nasdaq-100 based Invesco QQQ TrustQQQ (down 5.8%) - all ended the year in the red (read: 10 Top-Ranked ETFs That Crushed the Market in 2018 ).
Still, growth stocks outperform value ones in 2018 with SPDR Portfolio S&P 500 Growth ETFSPYG losing 3.4% in the past year (as of Jan 2, 2018) compared with 11.9% one-year losses seen in SPDR Portfolio S&P 500 Value ETFSPYV .
But with most of the concerning factors remaining in place, investors have every reason to be in two minds in 2019. Market experts are advising caution despite the slot rebounds in the United States and Japan. The markets have been in decent shape at the end of 2019 probably " in the absence of more bad news ."
Global economic news and indications have been mixed. In China, industrial profits declined in November for the first time in three years, reinforcing global growth fears. All these make the longevity of the latest Wall Street rally unlikely (read: Most Loved and Hated ETFs of 2018 ).
