Russell 2000 Index lags S&P SmallCap 600 by 5% or more by year-end 2026

Despite small-cap outperformance in 2026, the Russell 2000 Index has underperformed the S&P SmallCap 600 due to its higher exposure to lower-quality firms. This lag is expected to widen by the end of the year.

Implied probability (Yes)

60%