Value stocks outperform growth stocks by 23%

Brief

By Dextape Desk · November 10, 2026

According to the Protos article, value stocks have pulled well ahead of growth stocks over the past 12 months. The iShares Russell 1000 Value ETF gained about 29% including dividends over that span, while the iShares Russell 1000 Growth ETF lost roughly 2% for shareholders. Large growth names such as Nvidia, Broadcom and Tesla also declined over the year. The article reports that the trailing price-to-earnings ratio of the S&P 500 fell about 13%, from roughly 25.8 times to 22.4 times, and that the average multiple for Nasdaq 100 members dropped from 33.6 times to 27 times. A sell-off in AI stocks followed the US midterm elections on November 3, and the article links it to possible regulatory changes and worries about data center construction.

Why it matters: Crypto readers tracking tech-heavy markets may find the rotation from growth into value relevant, since the article ties AI-stock sell-offs to market valuations.

Mentioned: BlackRock, Nasdaq

Summary by Dextape, based on reporting by Protos. Machine-written from Protos’ report and checked against it · How Dextape writes