Price Momentum Stocks the Best Performing Stocks in the S&P 500 YTD
Sep 14, 2018
- The S&P 500 has outperformed all factors in 2018, with a YTD return spread of 7.61%, as seen in the chart below.
- Price Momentum has been the best performing factor in the S&P 500 in 2018, with a YTD return spread of 6.29% rivaling that of the S&P 500.
- Value stocks have been the clear laggard within the S&P 500, with a YTD return spread of -9.58%.
- Strong price momentum factor performance and poor value factor performance in the S&P 500 suggests investors have payed less attention to fundamental value in 2018.
2018 YTD Factor Performance within the S&P 500
Source: Capital IQ