A Small-Cap Sector ETF That's Working
March 20, 2017 - 12:33pm
Small-cap stocks are lagging their larger peers to start 2017, but there are some corners of the small-cap that are outpacing broader small stock benchmarks. The popular Russell 2000 Index and the S&P SmallCap 600 Index up an average of 2.2 percent year-to-date, but investors could be doing better with more tactical, sector plays.
For example, the PowerShares S&P SmallCap Information Technology Portfolio (NASDAQ: PSCT) is higher by 5.5 percent year-to-date. PSCT debuted nearly seven years ago and is seen as the small-cap competitor to the widely followed Technology Select Sector SPDR (NYSE: XLK), the largest technology exchange-traded fund by assets.
Peeking At PSCT
PSCT follows the S&P SmallCap 600 Capped Information Technology ...Full story available on Benzinga.com
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