The low beta leg tended to
outperform during down markets and underperform during up markets.
These are the kinds of companies that often
outperform during down markets, while keeping up with the overall market when it's rising.
Dividend Aristocrats (those S&P 500 companies that have raised dividends for 25 years in a row or more) often
outperform during down markets, while keeping up with the overall market when it's rising.
Not exact matches
Active managers
outperformed their passive peers
during the two most recent major
market downturns — a key consideration as today's abnormally long cycle winds
down.
My point was that if you select high beta stocks
during a bull
market you should expect to
outperform the averages, and likewise, when the
market turns
down you should expect to underperform significantly.
Broad equity
markets within countries that have experienced an increase in economic freedom have
outperformed those with decreasing economic freedom both over time and
during down markets.2