Chart of the Day – August 6, 2020

By: Chris Wenner in Charts 08/06/2020

For the first time in awhile, the Russell 2000 is keeping pace with the S&P 500 in this rising market.  Below is a ratio chart of the RTY Index (Russell 2000) vs. the S&P 500 over the past one month.  The two indices are virtually even over this stretch.

For 2020, the Russell 2000 is lagging the S&P 500 (total return) by almost 11%.  Small caps may continue to be an attractive catch up trade.

CW

 

Source:  Bloomberg & Wennco LLC

 

 

By: Chris Wenner

Managing Director

Jonathan Molchan

Wennco's innovative strategies and robust OCIO capabilities are designed for RIAs, Family Offices, and high-net-worth individuals.

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