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Russell 1000 Value index rises 18.3% in 2023 while Growth index falls 3.6%, marking largest yearly gap.

Market News
30 Jul 2026
Seeking Alpha
View Source
Bullish
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In 2023, the Russell 1000 Value index has gained 18.3% through yesterday's close, maintaining positive territory most of the year and rising steadily since spring lows. Conversely, the Russell 1000 Growth index has declined 3.6%, experiencing a 13% drop by March end, a brief recovery to nearly 9% gain by June, then falling back. Despite recent setbacks, Growth still leads Value by 37 percentage points since October 2022, with Growth up 118.8% compared to Value's 81.8%. This divergence highlights shifting investor preferences between value and growth stocks this year.

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