If a strong move in the last four months of 2010 meant a good year for stocks in general, it was great for small cap stocks. The S&P SmallCap 600 (IJR) finished up 26% in 2010 compared to a 14% gain for the large cap S&P 500.
The WSJ’s Kristina Peterson is reporting that the S&P SmallCap 600 index finished higher again on Friday, exending the streak of positive runs to 10 days. That marks the measure’s longest streak since Aug. 21, 2003.
The recent rally in equities has seen small cap ETFs outpace their larger cousins. Since the equity markets bottomed on March 9, the iShares S&P SmallCap 600 (IJR) is up 37% compared to a 26% gain for the iShares S&P 500 (IVV) over the same period.