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The S&P 500 widened its recent lead over small-caps in July (SPY +1.55%, IWM -1.92%). On a...

The S&P 500 widened its recent lead over small-caps in July (SPY +1.55%, IWM -1.92%). On a Y/Y basis, SPY has outperformed IWM by 889 basis points. Interestingly, Microcaps (IWC) - after a rough (relative) year in 2011 - are neck and neck with the S&P thus far in 2012.
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