Below is an updated look at our asset class performance matrix using key ETFs traded on US exchanges. For each ETF, we show its performance this past week, month-to-date, and year-to-date. This week was dominated by oil, which rallied 8%. Oil’s gain propelled the S&P 500 Energy sector (XLE) up 2.5% as well, which was the biggest jump for any sector. Utilities (XLU) and Telecom (IYZ) both fell sharply. Outside of the US, China (ASHR) gained the most at +1.92%, while Italy (EWI) and Spain (EWP) both fell more than 1.5%. Treasury ETFs pulled back and are now down solidly month-to-date.
We analyze asset class performance, earnings season, economic indicators, sentiment and more in this week’s Bespoke Report newsletter. We also pack a ton of additional analysis into this week’s 30+ page report. You can read the entire thing by starting a 14-day free trial to our paid content below.
Have a great weekend!