Q1 2026 STRATEGY PERFORMANCE:
The Russell Midcap ETF and S&P500 Midcap ETF gained 1.27% and 2.58% for the quarter, respectively, while the L2 Midcap Select Strategy rose 4.56% net. In a quarter characterized by extreme volatility, we are happy with the performance of the strategy. For those that have spoken with us or seen us present, our team continues to pound the table on the overlooked “blue-chips on the make” we are finding in the Midcap universe. Since inception in March 2021, the L2 Midcap Select Strategy is up almost 95%, more than double the returns of both benchmarks.
MARKET OVERVIEW: QUICK SUMMARY
Large Cap Value and Midcap benchmark ETFs delivered modest but positive returns in Q1 2026 of 1.97% and 1.27%, respectively, due to their relatively large exposures to the Energy sector. In contrast, with much smaller weights in Energy and big losses in Information Technology stocks, Large Cap Core declined -4.29% and Growth, which has almost no Energy stocks, tumbled -9.83%
L2 Midcap Select Stratergy- March Q1 2026
Table of contents
When
April 2, 2026
Who
Matthew Malgari
Dr. Sanjeev Bhojraj
Nathan Przybylo
Q1 2026 STRATEGY PERFORMANCE:
The Russell Midcap ETF and S&P500 Midcap ETF gained 1.27% and 2.58% for the quarter, respectively, while the L2 Midcap Select Strategy rose 4.56% net. In a quarter characterized by extreme volatility, we are happy with the performance of the strategy. For those that have spoken with us or seen us present, our team continues to pound the table on the overlooked “blue-chips on the make” we are finding in the Midcap universe. Since inception in March 2021, the L2 Midcap Select Strategy is up almost 95%, more than double the returns of both benchmarks.
MARKET OVERVIEW: QUICK SUMMARY
Large Cap Value and Midcap benchmark ETFs delivered modest but positive returns in Q1 2026 of 1.97% and 1.27%, respectively, due to their relatively large exposures to the Energy sector. In contrast, with much smaller weights in Energy and big losses in Information Technology stocks, Large Cap Core declined -4.29% and Growth, which has almost no Energy stocks, tumbled -9.83%