Northern Small Cap Index Fund Q1 2026 Commentary (Mutual Fund:NSIDX)
Northern Trust Asset Management·2026-06-20·via All Articles on Seeking Alpha
Summary
In the first quarter of 2026, the Russell 2000 index (Fund Index) returned 0.89%. Small Cap equities outperformed Large Cap equities, as measured by the Russell 1000 index which returned -4.18% in the first quarter.
The top performing sectors over this time period were Energy and Materials, returning 38.15% and 5.94% respectively.
Information Technology and Consumer Discretionary were the worst performing sectors for this quarter, with returns of -4.89% and -4.76% respectively.
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Fund Commentary
In the first quarter of 2026, the Russell 2000 index (Fund Index) returned 0.89%. Small Cap equities outperformed Large Cap equities, as measured by the Russell 1000 index which returned -4.18% in the first quarter.