BCA Insights

Gulliver In The Land Of Giants: Revisiting Market Concentration And Growth Vs Value | BCA Research

Written by BCA Insights | Apr 17, 2023 3:48:00 PM
Equity market concentration has increased on the heels of the YTD rally. The “top 20” stocks are driving most of the S&P’s YTD performance, while remaining stocks are delivering only pedestrian returns. Stocks in the high-performing cohort share similar characteristics: Most are expensive, large-cap quality stocks that are popular among investors who are seeking protection during uncertain times.