With the month of July coming to a close, Momentum and Growth equities have dominated in performance with returns over 3.0%.  However, Dividend and Size equities fell short of other equity factors as they recognized only 1.5% and 2.0% respective returns.

Comments on this week’s report:

  • Over the trailing three-months, Momentum and Low-Volatility equities have largely outperformed all other listed factors, while Dividend equities trail.
  • Year-to-date all equities have experienced near 20% returns (other than Dividend equities) with Growth factor equities experiencing the largest return of 25.2%.
  • Over the trailing 1-year Low-Volatility equities have largely outperformed all other listed factors with an 18.1% return.  Over the same time frame, Dividend equities have significantly underperformed with a 6.1% return.
  • Over the trailing 3-years Growth and Momentum equities have outperformed the S&P 500 (SPY)  by a near 4% annualized rate.  Meanwhile, all other listed equity factors have underperformed the S&P 500 with Dividend and Value equities experiencing the greatest margin of underperformance.
  • Over the trailing 5-year period, Value equities had the greatest degree of underperformance, trailing the S&P 500 by nearly a 3.0% annualized rate.  However, Momentum equities had the greatest degree of outperformance, exceeding the S&P 500 by nearly a 4.4% annualized rate.
Important Disclosures:  Please remember that past performance may not be indicative of future results.  Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly from The Market Commentator℠, will be profitable, equal any corresponding indicated historical performance level(s), or be suitable for your portfolio.  Due to various factors, including changing market conditions, the content may no longer be reflective of current opinions or positions.  Moreover, you should not assume that any discussion or information contained in The Market Commentator℠ serves as the receipt of, or as a substitute for, personalized investment advice from The Milwaukee Company™.

Like what you read? Subscribe to our mailing list and receive notifications when new content is posted.

* indicates required
Interested Posts

Follow us on social media!