Small Caps vs Large Caps vs Growth vs Value, from Kora Reddy
As everyone already knows that small caps (IWM) outperforms $SPY in the month of dec, (even the spread between $SPY and $IWM returns, has the highest returns…)
The other unknown (at-least not widely publicized yet) is, small cap value outperforms the small cap growth
Since their respective IPO's, the dec returns —>
$SPY - 16/22 wins at an avg of 144 bps , and a median of 113 bps vs $IWM 12/ 15 wins, at an avg of 272 bps with a median of 240 bps
coming to with in IWM
$IWF (growth), with 8/15 wins at an avg of 54 bps and a median of 3 bps (not even sufficient for slipp+broker-age!!), worst at minus 723 bps vs $IWN (value), with 12/15 wins, at an avg of 308 bps, and a median of 265 bps, worst at minus 446 bps.