Value would be a bit of a surprise, granted, but checking a few value ETFs, i see one year returns at 24%, not 27%, and that puts it somewhat distinctly below SNP 500, for what that is worth. Thus, my read: value underperforms big cap,
Small caps gone into disfavor, and that is a big move. Many sectors clustered around the SNP 300 returns of about 30%, and i suppose that is a good thing. I tend to agree that international and EM have been limping along on a hope and a prayer for just too long, and i cleaned house of those to a large extent recently.
Here's some stuff to consider looking outside your focus herein. The big name techs faired a little better than tech in general, with Apple at 34%, but Microsoft at 51% and Google/Alphabet at 65%. Those last two are actually very high returns!
Interestingly, it appears that Nancy Pelosi recently bought one year stock options on Google.
Make you wonder???
But she also bought them on Micron (computer memory and data storage company), (+24% for1 yr.).
So, checking other comp, hardware companies to find even higher returns
AMD : +57%
Nvidia: +125% (which i do have, btw, and recommended back in February, along with AMD, and I will post that discussion shortly.)
But that said, both AMD and Nvidia have been trading flat for the last two months, like much of tech and other sectors for that matter.
For my hunch moving forward, high volatility, tech continues a good bet with a few stellar standouts, and small caps to be back in vogue in a few months as this omicron passes, which I now hear should start to wane in mid-January.