Below is an updated look at our ETF Asset Class Performance Matrix, which shows the total returns of key ETFs across assets classes on both a YTD, MTD basis as well as over the last week. How strong were global equity markets this week? Well of all the equity-related ETFs in the matrix, not a single one finished the week in the red. Even Industrials (XLI), which were dragged down by Boeing (BA), managed to eke out a gain of 0.2%. Among US indices, the Nasdaq 100 blew away the field rallying over 4%, but every other US index ETF was up over 1.4%. International markets were even stronger with India (PIN), Brazil (EWZ), and China (ASHR) all rallying more than 4%. Rounding out the four names from BRIC, Russia (RSX) even rallied 3.5%. In terms of YTD leaders, China and Crude oil are neck and neck for the top spot with gains of 25%+.
Along with a recap of all of this week’s economic data and major market events, we also provide an updated take on our market view. We cover everything you need to know as an investor in this week’s Bespoke Report newsletter. To read the Bespoke Report and access everything else Bespoke’s research platform has to offer, start a two-week free trial to one of our three membership levels. You won’t be disappointed!