 2022, the S&P was down double digits. We were positive with our large cap strategies. So those all worked. But then, starting last year, all of a sudden, the transition started to go to more medium-sized companies, smaller companies, more tech companies. And that's what's called a ladder stage part of the recovery cycle, when all of a sudden you go from the blue chips to the riskier plays, because the optimism starts to permeate throughout the market. The animal spirits, as they call it, with all the traders start to extend to the riskier positions.