“It was in Sep. 2005, almost 13 years ago, when the outperformance of small cap growth over value was this big while value outperformed growth in large and mid caps. It is also only the 5th biggest outperformance of growth over value in small caps in a month while value outperformed growth in large and mid caps in the entire history of the data,” according to S&P Dow Jones.
Large-cap growth funds are typically dominated by the technology and consumer discretionary sectors. To an extent, IJT follows that path as those sectors combine for nearly 29% of the fund’s weight, but IJT’s largest sector allocations are industrials (21.72%) and healthcare (19.06%).
IJT charges 0.25% per year, or $25 on a $10,000 investment.
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