Skip to content
Sep 07 2025
Market Internals

Valuations: Small Cap Vs. Large Cap

  • Sep 7, 2025

The S&P 600 had its best month (+7%) relative to the Equal Weighted S&P 500 (+3%) since November 2024. Measured back to April, our Small Cap discount has shrunk from 26% to 19%.

Login

For full access, please enter your credentials.
Subscribe

About The Author

Phil Segner / Sr. Research Analyst & Co-Portfolio Manager

Phil Segner Sr. Research Analyst & Co-Portfolio Manager

Phil is a Co-Portfolio Manager and Sr. Research Analyst at The Leuthold Group, LLC. He is a member of the asset allocation and investment committees and is a major contributor to the firm's research publications.

Interested in Investing in a Model?

Contact us if you are interested in investing in our ETF models.
Contact Us