While all markets have been choppy and some are in decline, Forge is reporting that private markets are performing better than some other markets. Forge is a private securities marketplace that provides liquidity in private firms.
According to the Forge Private Market Index, private firms are doing better than the QQQ, IWM and IPO indecis.
The QQQ, or triple Qs, is an ETF for the basket of top NASDAQ-listed firms. The IWM is an ETF that tracks the Russell 2000 and the IPO is another ETF that tracks firms that recently went public.
Forge references the past three months, but if you look back to 2019 (which Forge shares on their website), things tighten a bit. While Forge Private Markets bests IPO and IWM, the QQQ is neck and neck. Of course, investors are betting on the future – and not the past.
You may see the Index here.