Don't expect the rebound in value funds in 2021, after years of underperformance, to last.
According to a recent report from Morningstar data journalist Katherine Lynch, the bounce-back was most evident in small- and mid-cap funds and limited primarily to the first half of last year.
By the second half of 2021, value funds performed more or less in line with growth funds as investors grew concerned about rising inflation, the more infectious omicron variant and pending Federal Reserve rate increases.
