Small-Cap Value Outpaces Growth 23% to 15% in First Half of 2026

Small-cap value stocks returned 23% year-to-date through mid-2026, versus 15% for the growth index, per the Wall Street Journal (July 28). Dow Jones Market Data called it the largest first-half value-over-growth gap since 2022. StoneX noted large-cap value led growth by double digits from January, extending the rotation across both size and style.