|Bid||58.58 x 1000|
|Ask||62.24 x 800|
|Day's Range||60.01 - 60.63|
|52 Week Range||50.57 - 70.00|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.25|
|Expense Ratio (net)||0.15%|
It's been a big year for small-cap stocks, and four exchange traded funds are now in IBD's ETF Leaders screen. The question is, are they late to the party?
Overruling the historical trend, the U.S. market has put up a good show so far in the month of August. In fact, a consensus carried out from 1950 to 2017 shows that August has offered positive stock returns in 37 years and negative in 31, per moneychimp.com, the average negative return being 0.27%.
Little movement occurred among U.S. diversified equity funds during the past month as the stock market took a dip but recovered most of its losses.
The U.S. stock market has started to feel the heat of summer in some corners. While the S&P 500 and the Dow Jones Industrial Average have seen a summer lull so far, the Russell 2000 index and Nasdaq Composite index have been burning with impressive gains of 3.6% and 3.5%, respectively, over the past one month.Source: Shutterstock
Small caps grabbed the spotlight during the past month, taking the top three positions among U.S. diversified stock funds based on year-to-date gains.