Shadow Stock Portfolio Update and the Disappointing Election-Year Market
by James B. Cloonan
As of the end of May, micro-cap stocks continue to lag the market and the Model Shadow Stock Portfolio reflects that trend, with a weak three months. Year-to-date, the portfolio is down 12.2%, compared to a loss of 3.9% for the Vanguard S&P 500 Index fund (VFINX).
Although micro-cap stocks had a poor three months, small-cap stocks had a relatively strong showing and the Vanguard Small Cap Index fund (NAESX) now is up for the year, with a return of 0.7%.
...To continue reading this article you must be registered with AAII.
to read this article and receive access to future AAII.com articles.
Already registered with AAII? Login to read the rest of this article.