Focal point
Institutional investors rely on Russell Indexes
Blogs
Value shows stamina in painful year for US stocks
Are smaller-cap stocks due for a rebound?
Value rotation stalls in frenetic Q3 markets
US small caps flex muscle in the October relief rally
The Russell/Nomura Annual Indexes Recon: Japanese equities weren’t spared downturn pain
Three takeaways from our 2022 Direct Indexing survey
Amid 2022’s equity pain, Southeast Asia has been an overlooked gem
Retail Investors Remain Concerned about Recession, Offer Mixed Outlook on 2023
Dispersion throws investors a lifeline in volatile pandemic era
Large-caps and Value prevail in grueling year for US stocks
The Russell 1000 outpaced the Russell 2000 in the Q4 rally and fared modestly better in the full-year sell-off, as investors favored larger, less volatile players across sectors. The Value indexes held up better than their Growth peers for the full year, buoyed by outperformances in Energy and their lower exposure to the wreckage in pricier Tech and other growth sectors.
Highlights
Value carries the day in brutal year The Value rotation went into high gear in the Q4 rally, particularly among large-caps, extending its advantage over Growth for the full year.
Large-caps retain edge vs small-caps Large-caps regained the lead over small-caps in Q4 and lost less for the full year, buoyed by outperformances in Health Care, Energy and Staples.
EPS forecasts drift lower Forward EPS forecasts continued to see downgrades into Q4, with the small-cap and Value indexes taking the biggest hits.
Valuations rebound in Q4 After a year of retrenchment, forward P/E multiples ticked higher across the Russell US indexes amid robust Q4 price gains.
A lackluster year for Russell IPO’s
Despite a modest pickup in Q4, IPO activity dwindled, to a trickle in 2022, in stark contrast to last year’s record pace.
Additional Russell US Indexes resources
Advisor's Guide to Indexing and ETFs >
Your Index Matters – Learn more >
Building a Better Benchmark – Read the blog >
FTSE Russell ETF Center – Visit >
Russell Style Indexes – Learn more >
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