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Much has been discussed about sector rotation into areas like Financials and Industrials since the election, but it’s also been a rotation from growth into value. Below is a chart that highlights this. It shows the year-to-date performance of the S&P 500 Growth index versus the S&P 500 Value index. While Value had been outperforming Growth slightly all year, it has been crushing it since the election (the boxed area in the chart). Heading into December, the Value index is up 11.2% year-to-date and 4.6% since the election versus a YTD gain of just 4.8% and 1.5% since the election for the Growth index.