Small-Cap ETFs Don’t Hold Many Tiny Stocks These Days
In an era dominated by megacaps and still-high interest rates, the little guys of this market have performed miserably against their larger peers over the past several years.
The entrance to Zippos Circus tent.
Photographer: Betty Laura Zapata/BloombergWelcome to ETF IQ, a weekly newsletter dedicated to the $14 trillion global ETF industry. I'm Bloomberg News reporter and anchor Katie Greifeld.
There was a time when large-cap managers would dip into smaller stocks in search of off-the-grid names that might juice their returns. Fast-forward to 2024, and the opposite dynamic is playing out.