In an earlier post we highlighted that the Energy sector was the biggest pocket of strength in the S&P 500 so far this year. While Energy stocks have been a bright spot in 2011, one area that hasn't been good to investors is the small cap sector. As shown, while large (S&P 500) and mid cap stocks (S&P 400) have seen modest returns so far in 2011, the S&P 600 small cap index is down 3.73%.
Looking at individual sector returns by market cap shows a similar trend. With the exception of Telecom Services (which across all three indices comprises only 18 out of 1500 stocks) and Energy, small caps have been the worst performing component of each sector. (Click to enlarge)
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