It looks like value investing is making a comeback. Growth stocks clobbered value for about a decade. In 2020, they beat value by more than 30 percentage points – the widest margin since at least 1927.
Then, in 2022, growth took a sickening dive. A popular exchange-traded fund linked to a major growth-stock index, iShares S&P 500 Growth (IVW), fell 29.5%. The value-stock equivalent, iShares S&P 500 Value (IVE), dropped as well, but just by 5.4%. (Unless otherwise noted, returns are as of February 28; securities I recommend are in bold.)
