Recent Asset Class Performance
Below is a look at the recent performance of various asset classes using US-traded ETFs. After a rough week for stocks, the S&P 500-tracking SPY ETF is now down 3.14% year-to-date. The Dow 30 (DIA) is down even more at -4.22%, but the Nasdaq 100 (QQQ), smallcaps (IJR) and midcaps (IJH) are down less than 3%.
On the sector level, Materials (XLB), Financials (XLF) and Industrials (XLI) got hit the hardest this week, while Utilities (XLU) was down the least. There was a real bloodbath overseas as many of the country ETFs shown were down 4-5%....MORE