Mid Cap Value Over Small Cap
Currently, it appears the better trade is to own Mid Cap Value over Small Cap shares. Since the middle of June, Small Cap has gone nowhere while Mid Cap Value has improved nicely.
The chart above shows how the First Trust Mid Cap Value Alphadex ETF(FNK)is out performing the iShares Russell 2000 ETF(IWM). Volume sees buying in the FK versus some selling in IWM.
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