Bad Breadth

09/06/2023 12 min
Bad Breadth

Listen "Bad Breadth"

Episode Synopsis

If you're wondering why your investment portfolio seems to be lagging the S&P 500 Index so far this year, it's because the market has bad breadth. Bad (or, in this case meaning, very narrow) market breadth illustrates that only a very few minority of companies are responsible for the majority of the return seen in the index. In this episode, I share insghts into this dynamic (e.g., Year-to-date only 28% of S&P 500 constituent stocks are performing at or better than their index, as compared to 45% of S&P 400 constituent stocks are doing better than their index). © 2023 Ivan Illan, AWAIM®

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