ETF SWING & DAY TRADING

[Gizmo]

LOL $SML stocks are hand picked. Secondly they're Cap weighted. It's too early to tell whether small cap outperformance is done. I'll just say the Rut has lost it's leadership vs. the Spx since the Aug. top. That is undeniable.
http://stockcharts.com/def/servlet/SC.web?c=$RUT:$SPX,uu[w,a]dallyyay[dc][p][vc60]&pref=G

Composition
The S&P SmallCap 600 Index consists of 600 small-cap stocks. Unlike the larger Russell 2000, which also tracks small-cap stocks, the S&P 600 has more stringent requirements for inclusion. Standard & Poor's adds new stocks to the index based not only on size, but also on financial viability, liquidity, adequate float size, and other trading requirements. This ensures that the index is comprised of higher-quality firms than its larger counterpart. Since the index contains only small firms, it represents a mere 3% of the value of the overall market. The S&P SmallCap 600 Index is market value weighted, meaning that larger firms have a greater influence on the index's performance than smaller firms. The index is relatively evenly distributed, as the top 10 holdings represent only 5% of the index’s value. The index's current holdings range in size from $60 million to over $3 billion, with the average company boasting a market cap of around $750 million. http://www.streetauthority.com/terms/index/sp600.asp