![IndexFunds.com Staff]( "IndexFunds.com Staff")
IndexFunds.com Staff
March Wrap-Up
IndexFunds.com Staff
Monday, April 01, 2002
The S&P 500 inched slightly forward in the first quarter of 2002, while small-cap and value indexes moved ahead of the pack. On the other hand, most growth indexes across market capitalizations are in the red so far this year.
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The little guys shine
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Index
|
March returns
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1Q 2002 returns
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|
Russell Top 200
|
3.50%
|
-0.30%
|
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Russell 1000
|
4.10%
|
0.70%
|
|
Russell Midcap
|
6.00%
|
0.70%
|
|
Russell 2000
|
8.00%
|
4.00%
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Source: Frank Russell Co., through 3/28/02[/:Author:]
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A matter of style
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Index
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1Q 2002 returns
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| Russell Top 200 Growth |
-2.80%
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| Russell Top 200 Value |
2.50%
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| Russell 1000 Growth |
-2.60%
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| Russell 1000 Value |
4.10%
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| Russell Midcap Growth |
-1.80%
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| Russell Midcap Value |
7.90%
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| Russell 2000 Growth |
-2.00%
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| Russell 2000 Value |
8.70%
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Source: Frank Russell Co., through 3/28/02
The blue-chip Dow Jones Industrial Average rose nearly 3% in March, while Europe and Asia also ended the month in the black.
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A global view
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Index
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March returns
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1Q 2002 returns
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| DJ Industrial Average |
2.94%
|
3.81%
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| DJ EURO STOXX 50 |
4.39%
|
-0.58%
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| DJ Asian Titans 50 |
6.17%
|
2.10%
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| DJ Global Titans |
3.47%
|
-2.80%
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Source: Dow Jones Indexes, through 3/28/02[/:Author:]
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March sector winners and losers
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United States
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| Winner: |
DJ Utilities
|
9.47%
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| Loser: |
DJ Telecommunications
|
-2.04%
|
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Europe
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| Winner: |
DJ STOXX 600 Automobiles
|
9.34%
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| Loser: |
DJ STOXX 600 Healthcare
|
-0.50%
|
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Global
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| Winner: |
DJ Sector Titans Financial Services
|
8.22%
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| Loser: |
DJ Sector Titans Healthcare
|
-0.49%
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Source: Dow Jones Indexes, through 3/28/02
The MSCI EAFE (Europe, Asia, Far East) index is basically flat so far in 2002, losing 0.05% according to Morningstar. The 1,924 international stock funds tracked by Morningstar have gained an average 3.65% in 2002.
Finally, here's how the funds in Morningstar's domestic style boxes have performed thus far this year.
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Style-box view
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Category
|
# of funds
|
1Q 2002 returns
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| Large blend |
1,373
|
-0.31%
|
| Large growth |
1,078
|
-2.71%
|
| Large value |
972
|
1.97%
|
| Mid blend |
264
|
2.55%
|
| Mid growth |
698
|
-2.36%
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| Mid value |
306
|
5.33%
|
| Small blend |
271
|
4.86%
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| Small growth |
557
|
-1.43%
|
| Small value |
272
|
8.76%
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Source: Morningstar, through 3/30/02
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