Highlights
- As we head to the close of another year, small caps remain in what is now a 12-year-old relative downtrend vs the S&P.
- In that context, we find it interesting that the three lowest market cap quintiles in the MOTR Universe (market caps below $6.5 bln) now own the top three momentum scores.
- Biotechs and Clean Energy dominate the field, but plenty of nascent small cap leaders also hail from Consumer Discretionary and Finance as well.