Consumer discretionary stocks outperformed all others in the Russell Index returns during the year past, according to a new report.
Russell Investments discloses this finding in a recap of Russell Index returns for 12 indexes and index sectors tracked from June 25, 2012 to May 3, 2013. A Seattle, Wash.-based subsidiary of Northwestern Mutual, the company provides multi-asset investment services to individuals and institutions in 47 countries.
The report shows that the Russell 2000 Consumer Discretionary sector yielding a return of 33.6 percent during the period recorded. The next four high-yielding sectors were:
31.1 percent: Russell 200 Materials & Processing sector
28.1 percent: Russell 2000 Energy Sector
27.9 percent: Russell 2000 Producer Durables sector
26.6 percent: Russell 2000 Financial Services Sector