By Ben Carlson, CFA
A Wealth of Common Sense
The S&P 500® Index has crushed all competition for some time now. Small-cap stocks, value stocks, foreign stocks, emerging market stocks—none of them have been able to keep up with the mega-cap dominance of the S&P 500.
It’s not even close.
There are many reasons for this outperformance. The dollar has strengthened mightily since the Great Recession. Emerging markets also dominated the S&P for the majority of the early 2000s.