Micro-Caps Back To 2018 Levels
This year, we’ve written a lot about a general trend impacting the stock market. That being, the larger the company, the better it has performed. 💪
As we can see from the chart below, the Nasdaq 100 and S&P 500 have led gains over the last five years. That’s primarily because mega-cap technology stocks, now dubbed “the magnificent seven” but previously known as FAANG or FANMAG, have driven a large portion of the gains. Meanwhile, the “riskier” small and micro-cap companies have struggled to progress.Â