There's a reason why people haven't had the "growth versus value" discussion in a while. For the past several years, both investment disciplines have tracked fairly closely, if you're to believe the Russell 3000 data. Since the election results, however, things have changed. Disregarding the "whys" behind this for the moment, let's instead focus on the data itself.
The first quarter numbers from Morningstar show this vividly. On average, growth funds beat value funds by just under 5 percent. The disparity is more pronounced in the small cap arena, where the average growth fund exceeded a 5.5 percent return, while the average value fund languished at barely above break-even, after having been down more than 2 percent year-to-day just before the quarter end.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
