Small Caps Fall Farther Behind

Sep 8, 2023 thejournalbiz

Shares of smaller companies have lagged behind those of their larger peers in 2023.

The gap has only widened this week.

Tweet on small-cap vs large-cap stocks

Shares of smaller companies have lagged behind those of their larger peers in 2023#shares #smallcaps #stockstowatch pic.twitter.com/78oZukzoO3

— The_Journalbiz (@the_journalbiz) September 8, 2023

Factset chart

The Russell 2000 is on pace for a 3.3% weekly decline, shut shy of its loss during the week that ended Aug. 18. If it slips any farther, it will notch its worst week since March, according to Dow Jones Market Data.

The Russell is up about 5.5% this year, compared with a 16% advance by the S&P 500. The large-cap benchmark is down roughly 1% for the week.