Below is a look at the performance of various asset classes today using our key ETF matrix. While the S&P 500 (SPY) was flat, the Nasdaq 100 (QQQ) finished down 62 basis points due to weakness in “FANG” stocks (FB, AMZN, NFLX, GOOGL). Small-caps outperformed large-caps significantly today, and the Energy and Materials sectors flew higher on the back of higher commodities prices. Oil rallied nearly 5%.
There was wide disparity in terms of international market performance. Australia, Canada, Mexico, Russia and the UK finished nicely higher on the day, while Brazil, China, Hong Kong, Italy and Japan finished deep in the red. Treasury ETFs finished slightly lower.
Along with today’s performance, we also include performance numbers for each ETF since the S&P’s low was made on February 11th, as well as year to date.
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