Large-capitalization stocks fared much better than small-cap stocks generally, according to Wilshire Associates, Santa Monica, Calif., but small-cap value stocks had the best performance in the second quarter.
Small-cap growth stocks, on the other hand, had the worst performance, down 7.99% in the quarter and almost 11% for the first half of the year.
For the first half, the only asset category showing positive return is real estate securities.
The Wilshire Real Estate Securities Index is up 3.47%. The index is composed of the stocks of real estate operating companies and equity (non-health care) real estate investment trusts.
In other equities, the best performance year-to-date was by midcap value stocks, which declined 2.8%, followed by the small-cap value equities, down 3.22%.
After small-cap growth, the worst performing asset class was mid-cap growth, down 8.1%.
The Standard & Poor's 500 Stock Index was down 3.43% for the six months, while the Wilshire 5000 was down 4.48%.