Small cap January effect is in December

|By:, SA News Editor

December is the new January as far as small caps are concerned, with Arthur Hill pointing out it's actually the year's last month when small caps are most likely to outperform the market - they do it 74% of the time vs. 50% in January (and a range of 40-60% for the rest of the year).

The Russell 2000 (IWM -0.2%) is off today as the S&P 500 (SPY +0.3%) rises, and thus far this month the S&P 500 - is ahead of the Russell by 140 basis points.

Small cap ETFs: IJS, IWM, TZA, TNA, UWM, VB, IJR, SLY, EES, RWJ, VBR, VBK, URTY, TWM, IWN, SCHA, IWO, IJT, RWM, SRTY, SAA, JKL, DWAS, VTWO, SLYG, RZV, SLYV, SBB, SDD, JKJ, RSCO, RZG, TILT, UKK, XSLV, FYX, VTWG, VIOO, JKK, SKK, FYT, VIOG, EWRS, UVT, VIOV, PXSV, TWOK, VTWV, SMLV, SJH, FNDA, FYC, IESM, VLU, PXSG, PXSC