Profitable cohort within Russell 2000 still ahead of non-profitable cohort YTD … our bias continues to be toward profitable cohort. In contrast, last year, non-profitable was +20% vs. profitable +10%.


Source: Bloomberg, as of 7/10/2026. Profitable companies have trailing 12-month earnings per share greater than $0. Indexes are unmanaged, do not incur management fees, costs and expenses and cannot be invested in directly.  Past performance is no guarantee of future results.
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