FYI: Has the tipping point for the value factor’s renaissance in US equities finally arrived? It has if we’re keeping score on a year-to-date basis with a set of representative exchange-traded funds. Proxies for the large-, mid- and small-cap corners show a common theme: value tops growth.
Let’s start with large cap. The iShares S&P 500 Value (IVE) is up 26.4% so far this year (through Nov. 12), modestly ahead of iShares S&P 500 Growth (IVW). That’s hardly a dramatic edge, but it’s notable that big-cap value is no longer eating growth’s dust.
Regards,
Ted
https://www.capitalspectator.com/value-stocks-lead-growth-in-2019-across-all-capitalization-buckets/
