Below is a look at Bespoke’s asset class performance matrix using key ETFs that we track on a regular basis. For each ETF, we highlight its total return over the last week, quarter-to-date, and year-to-date.
US equity ETFs posted modest gains this week, with the S&P 500 rising 0.68%. The real star of the week, and for that matter, quarter and YTD has been the Nasdaq 100 (QQQ), which is up over 16% on the year! Just two sectors (Energy and Telecom Services) were down on the week, while Financials, Technology, and Industrials led the way higher.
Although US equities were up, international markets continued their trend of outperformance with Europe up sharply, although Asia was a bit weak. The YTD returns for some of these countries have been incredible with gains in excess of 15% not out of the norm.
Have a great weekend!
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