Small-Cap (Russell 2000) stocks in the top quartile by ROA returned 4.5% on average YTD as of 4/30/2023.
Stocks in the bottom quartile averaged -2.5% during the same period.
ROA is one of the key metrics included in the methodology of the O’Shares U.S. Small-Cap Quality Dividend Index (OUSMX).
Source: Bloomberg Finance L.P. Data as of 04/30/2023.
Highest Quartile: Contains the top 25% of companies in the Russell 2000 based on average return on assets. Lowest Quartile: Contains the bottom 25% of companies in the Russell 2000 based on average return on assets.