The Best Have Been The Worst

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 |  About: iShares Russell 1000 ETF (IWB)
by: Bespoke Investment Group

Since Monday's close, the average stock in the Russell 1,000 is down 2.14%. We broke up the index into deciles based on stock performance from the 3/10 bottom through the close on 5/19 to see which stocks have performed the worst and which have held up the best during this week's selloff.

As shown below, the deciles of stocks that did the best since the 3/10 bottom are down the most since 5/19, while the deciles of stocks that underperformed during the rally have held up the best. This means investors have been taking profits in winners.