BlackRock Defies Stock Chaos With Small-Cap Value ETF Launch
- New fund will screen Russell 2000 Index to find cheap shares
- Small-cap stocks, value strategies have been hammered in 2020
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Few things divide opinion on Wall Street like the outlook for small-cap stocks or the fate of the value strategy. Yet most market players would probably agree it’s a tough time to launch a product combining the two.
That’s exactly what BlackRock Inc. is doing with a new exchange-traded fund.