PT  - JOURNAL ARTICLE
AU  - Jayen B. Patel
AU  - R. Bruce Swensen
TI  - Comparative Performance of Value and Growth Stock Indexes
AID  - 10.3905/jwm.2007.674807
DP  - 2007 Jan 31
TA  - The Journal of Wealth Management
PG  - 51--61
VI  - 9
IP  - 4
4099  - https://pm-research.com/content/9/4/51.short
4100  - https://pm-research.com/content/9/4/51.full
AB  - The authors demonstrate that a growth stock index generated higher returns than a value stock index when the overall stock market performed well. Alternately, the value stock index generated higher returns than the growth stock index when the overall stock market performed poorly. This article provides compelling evidence that the value premium is inversely related to the performance of the overall stock market. The authors believe that this simple relationship will help investors better understand the comparative performance of the two investment styles.TOPICS: Style investing, exchange-traded funds and applications, long-term/retirement investing