Overview
- The FTSE 100 has gained more than 10% this year, outpacing the S&P 500’s roughly 6% return.
- With dividends reinvested, both the FTSE 100 and the S&P 500 have delivered about a 13% total return over the past 12 months.
- FTSE 100 stocks trade at around 14 times expected earnings, compared with more than 20 times for the S&P 500, highlighting a steep valuation discount.
- Heavy weightings in healthcare, utilities and food retailers have insulated the FTSE 100 from broader global market volatility.
- Chancellor Rachel Reeves has urged a more optimistic narrative for UK equities and backed measures to boost domestic listings for retail investors.