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Aug 07 2018

Value Turns Positive

  • Aug 7, 2018

Value finally performed well during July, turning in its best month of 2018 on a spread basis. While the factor category is still deep in negative territory for the year, almost 85% of its underperformance is coming from the worst quintile outperforming the universe; meaning Value has mostly struggled because of expensive stocks outperforming, not cheap stocks lagging.

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About The Author

Greg Swenson / Sr. Research Analyst & Co-Portfolio Manager