Positive
Seeking Alpha
6 months ago
abrdn Focused U.S. Small Cap Active ETF Q4 2024 Commentary
The abrdn Focused U.S. Small Cap Active ETF outperformed the Russell 2000 Index, driven by strong performance in consumer discretionary, information technology, and healthcare sectors, despite underperformance in industrials and communication services. Notable stock performers included Brinker International, Q2 Holdings, and Workiva, while Live Oak Bancshares, Amicus Therapeutics, and Materion lagged. The US Federal Reserve cut rates by 25 bps twice, but future cuts are expected to slow due to economic resilience and potential inflationary pressures.