By Dan Weil The Russell 1000 Value index has slumped 12% so far this year, while Russell 1000 Growth has dropped 25%. Value stocks have outperformed growth this year, as the surge in interest rates has weighed on the latter category. Higher rates hurt growth stocks because earnings for them might not come until far in the future. And that makes those earnings less valuable now, especially when bonds offer increasing income. On the value side, energy stocks have been buoyed by the jump in oil prices sparked by the war in Ukraine. And consumer staples have benefited from fears of recession. The …