| March
Wrap-Up
By IndexFunds.com Staff
April 1, 2002 |
|
The S&P 500 inched slightly forward in the first quarter
of 2002, while small-cap and value indexes moved ahead of the
pack. On the other hand, most growth indexes across market capitalizations
are in the red so far this year.
| The little guys shine |
| Index |
March returns |
1Q 2002 returns |
| Russell Top 200 |
3.50% |
-0.30% |
| Russell 1000 |
4.10% |
0.70% |
| Russell Midcap |
6.00% |
0.70% |
| Russell 2000 |
8.00% |
4.00% |
Source: Frank Russell
Co., through 3/28/02
| A matter of style |
| Index |
1Q 2002 returns |
| Russell Top 200 Growth |
-2.80% |
| Russell Top 200 Value |
2.50% |
| Russell 1000 Growth |
-2.60% |
| Russell 1000 Value |
4.10% |
| Russell Midcap Growth |
-1.80% |
| Russell Midcap Value |
7.90% |
| Russell 2000 Growth |
-2.00% |
| Russell 2000 Value |
8.70% |
Source: Frank Russell
Co., through 3/28/02
The blue-chip Dow Jones Industrial Average rose nearly 3% in
March, while Europe and Asia also ended the month in the black.
| A global view |
| Index |
March returns |
1Q 2002 returns |
| DJ Industrial Average |
2.94% |
3.81% |
| DJ EURO STOXX 50 |
4.39% |
-0.58% |
| DJ Asian Titans 50 |
6.17% |
2.10% |
| DJ Global Titans |
3.47% |
-2.80% |
Source: Dow Jones Indexes,
through 3/28/02
| March sector winners
and losers |
| United States |
| Winner: |
DJ Utilities |
9.47% |
| Loser: |
DJ Telecommunications |
-2.04% |
| Europe |
| Winner: |
DJ STOXX 600 Automobiles |
9.34% |
| Loser: |
DJ STOXX 600 Healthcare |
-0.50% |
| Global |
| Winner: |
DJ Sector Titans Financial
Services |
8.22% |
| Loser: |
DJ Sector Titans Healthcare |
-0.49% |
Source: Dow Jones Indexes,
through 3/28/02
The MSCI EAFE (Europe, Asia, Far East)
index is basically flat so far in 2002, losing 0.05% according
to Morningstar. The 1,924 international stock funds tracked by
Morningstar have gained an average 3.65% in 2002.
Finally, here's how the funds in Morningstar's domestic style
boxes have performed thus far this year.
| Style-box view |
| Category |
# of funds |
1Q 2002 returns |
| Large blend |
1,373 |
-0.31% |
| Large growth |
1,078 |
-2.71% |
| Large value |
972 |
1.97% |
| Mid blend |
264 |
2.55% |
| Mid growth |
698 |
-2.36% |
| Mid value |
306 |
5.33% |
| Small blend |
271 |
4.86% |
| Small growth |
557 |
-1.43% |
| Small value |
272 |
8.76% |
Source: Morningstar,
through 3/30/02
