FNY News

Style Box ETF report for FNY

Style Box ETF report for FNY

Threatened by coronavirus? Here are a few U.S. small-cap ETFs to your rescue.

In the ongoing bull market rally, growth stocks and related exchange traded funds have been outperforming the value style as investors chase after higher returns. Looking at the growth style, mid-cap growth has stood out this year, with the iShares Morningstar Mid Growth ETF(JKH) up 31.9%, iShares Russell Midcap Growth ETF (IWP) up 28.5%, First Trust Mid Cap Growth AlphaDEX Fund (FNY) up 27.9% and Vanguard Mid-Cap Growth (VOT) up 27.2% year-to-date. In comparison, the Vanguard Value Index Fund ETF Shares (VTV) , the largest listed value-focused ETF by assets, rose 15.6% so far this year.

Small-cap ETFs have been beating the S&P 500 this year, thanks to a more compelling valuation, decent U.s. economic growth momentum, a dovish Fed and easing trade tensions.