Yet again, Value companies outperformed growth companies in the US. Small Value companies were up the most, followed by mid value then large value. Year-to-date Small Value is still the leader with over a 23% return. Looking at the 15-year annualized trailing return for value companies, we have the following:
Large Value – 7.96%
Mid Value – 9.01%
Small Value 7.9%
Perhaps it is just time for value to shine to pull up those 15-year returns?
REITS, both US and Foreign continue to let off some steam while Commodities continues to GAIN steam. Commodities is only a hair behind Technology with respective YTD returns of 26.86% & 26.85%
Foreign Equities slipped slightly along with Emerging Markets.
For the first time in a few weeks, High Yield Bonds slipped just a little. All other bonds were down as well, but as usual…not much!
Have a great weekend!
All performance reported in this video are from the following index list: DJ Industrial Average TR USD, S&P 500 TR, DJ US TSM Large Cap Growth TR USD, NASDAQ 100, Technology NTTR TR USD, DJ US Health Care TR USD, DJ US TSM Large Cap Value TR USD, DJ US TSM Mid Cap Growth TR USD, DJ US TSM Mid Cap Value TR USD, DJ US TSM Small Cap Growth TR USD, DJ US TSM Small Cap Value TR USD, FTSE NAREIT All Equity REITs TR, DJ Gbl Ex US Select REIT TR USD, Bloomberg Commodity TR USD, MSCI EAFE NR USD, MSCI EAFE Growth NR USD, MSCI EAFE Value NR USD, MSCI EAFE Small Cap NR USD, MSCI EM NR USD, BBgBarc US Corporate High Yield TR USD, FTSE WGBI NonUSD USD, JPM EMBI Plus TR USD, BBgBarc US Govt 1-3 Yr TR USD, ICE BoafAML 1-3Y US Corp TR USD, BBgBarc Intermediate Treasury TR USD, BBgBarc Interm Corp TR, BBgBarc US Treasury US TIPS TR USD. This material has been prepared solely for informational purposes based upon data generally available to the public from sources believed to be reliable. All performance reporting is for indexes, not specific securities. Performance of specific securities will vary from indexes. Past performance is not an assurance of future results. Indexes cited are provided to illustrate market trends for certain asset classes. It is not possible to invest directly in an index. Indexes do not reflect individual investor costs of trading, expense ratios & advisory or other fees