In a bull run, small caps stocks are the last ones to move up, but at the first whiff of a correction, they fall like ninepins. This trend has been visible for decades and 2022 was no different. The reason for this broader underperformance, is first a technical one, liquidity in a majority of smallcap stocks is low, so even a bit of selling leads to sharp cuts in stock prices.
Second, which is fundamental in nature, a number of these companies
