NASDAQ:FYT - Nasdaq - US33737M4096 - ETF - Currency: USD
Hawaiian Electric Industries' shares surge on news of a $4 billion settlement plan for last year's Maui wildfires. Approval pending, could still fall through.
Topping the U.S. Diversified Equity category were small-cap value funds which gained 3.1 percent in June versus the broad category’s 1.2 percent appreciation. That’s pretty good outperformance.
Investors are waiting with bated breath for small caps to turn around this year and cash in on the newly signed tax cuts. So, it is quite likely that they will be eager to know which theme to pick now — growth, value or blend.
January is truly the time to get in on small-cap securities with these weaker-performing ETFs and stocks of 2017, assuming that the historical trend holds true in 2018.