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The $47.76 billion IJR allocates 37.12% of its weight to industrial and financial services stocks. Technology and consumer discretionary names combine for 29.35%.
“Another interesting observation is that when the small cap premium is positive in Q4, its premium is nearly double the positive premiums in other quarters. While on average the S&P 600 (TR) outperforms the S&P 500 (TR) by 0.6% in Q4, when the small cap premium was positive in Q4, it was 11.4%, which is much higher than the 4.0%, 6.9% and 6.4% observed during positive quarters, respectively, in Q1, Q2 and Q3,” according to S&P Dow Jones.
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