Below is an updated look at our asset class performance matrix. With the S&P 500 finally taking out its January 26th all-time closing high, the matrix allows you to see how other areas of the financial world have performed since that date as well. Note that performance numbers are total return, which is why the S&P 500 is up 1.94% since 1/26 even though it has just barely moved above that level in price.
While the S&P has just crossed above its January highs, the Dow is still slightly down. The tech-heavy Nasdaq 100, however, is up huge at +8.15%. Smallcaps (IJR, IWM) are up even more with gains of 10%+.
Looking at S&P 500 sectors, five are up since 1/26 and five are down. Technology (XLK) is up the most, followed by Consumer Discretionary (XLY) and Utilities (XLU), while Consumer Staples (XLP), Materials (XLB), and Financials (XLF) are down the most.
Outside of the US, equity market performance has been horrendous since January 26th. Brazil (EWZ) and China (ASHR) are both down 25%+, and not one single country ETF in our matrix is in the green. Commodities are also in the red with the exception of oil (USO), while Treasury ETFs are essentially flat.