Mid Caps Continue their Outstanding Performance

At one time, I used the S&P500 as a quick “default” investment when I needed to invest some cash into equities. But in recent years, I have started using midcap stocks.

The S&P Mid Cap 400 Index continues reaching new all time historical highs. Unlike the S&P 500, it has surpassed the highs of October, 2007. I took a look at the market performance of three liquid ETFs from the highest closing date of the S&P 500 (October 9, 2007) until today using dividend adjusted price data from Yahoo Finance:
 
Ticker       Type        10/9/2007        01/26/2011         %change
 
SPY          Large-Cap     146.30                  133.11                           -9.0%
IJH            Mid-Cap         88.21                     96.86                          +9.8%
IWM          Small-Cap    80.96                      82.07                         +1.4%
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