CHART OF THE DAY: A Great Time to Pick Factor Exposures

Breaking last week’s US stock market performance down by other Style Factors, here were the top scorers:

1. HIGH BETA stocks led the way at +0.9% week-over-week to +3.7% YTD
2. Top 25% SALES Growers added another +0.7% week-over-week to +3.7% YTD 

Those weekly and YTD scores stand in sharp contrast to what we haven’t liked (slow beta defensives). HIGH YIELD as a US Equity Style Factor dropped -0.2% in a big up week for growth and is DOWN -3.7%. That’s -740 basis points of under-performance vs. Long US Sales Growth.