Quality = Value

Quality = Value | ETF TrendsBy the end of 2025, the US equity market was narrower for longer than during the Technology Bubble. One might think that an extreme market for such a long time might result in some strange valuations and interesting investment opportunities, and it indeed has.Chart 1 shows the percentage of stocks within the S&P 500® that outperformed the market by year. The period from 2023 to 2025 was the longest stretch of narrow leadership in the chart's history. Leadership has finally begun ...