With the Russell 2000 laboring almost 4% below its 200-day moving average and risk-off pall hanging over the market, TZA may be the best way to play small-cap stocks over the next several weeks, though data indicate the Direxion Dailly Small Cap
Bull 3X Shares (NYSE:TNA) has recently taken in new money.
Calvasina believes small caps
won't be any worse off than large caps in case there's a big unwind.
Zurich Investments said that it is already in negotiations to replace its small caps
Chia, who was speaking to reporters at the launch of the 14th edition of RHB Top Malaysia Small Cap
Companies 20 Jewels 2018, said the market would be eventually driven by the global and domestic macro environment for the rest of the year, which is deemed to be reasonable.
Among the best, at least when compared to similarly sized small cap
stocks, according to a report by personal finance technology company SmartAsset.
However, the return premium to small caps
is unstable and fleeting, and due to a recent string of poor quarters, small-cap companies as a group today stand at a return disadvantage.
had a run of consecutive years of leadership, from 1979 through 1983, in the time before publication of the index.
"If this does stabilise, we could see a turn, with small caps
holding up better," Steven DeSanctis, small-cap strategist at Bank of America Merrill Lynch, told clients in a Friday note.
"These factors appear to underscore the opportunity for active stock pickers in global small caps
this year as macroeconomic influences recede and individual stock fundamentals come to the fore."
While historically strong risk-adjusted returns are one of the reasons many investors are attracted to global small caps
, the inefficiency of this asset class relative to large caps creates even greater opportunity.
On average, the R&D to sales ratio of small caps
is roughly doubles that of large caps.
Returns for the first three quarters of 2010 show a tug-of-war between large caps and small caps
in the Russell Greater China Index.