Below is a look at the performance of various asset classes in Q1 2015 using key ETFs traded on US exchanges. For the quarter, the S&P 500 SPY ETF gained 0.43%, marking its 9th consecutive quarter of gains. While the S&P 500 gained, the Dow 30 (DIA) fell 0.17%.
Outside of the large cap SPY and DIA, other equity indices did much better. The Nasdaq 100 (QQQ) gained 2.28%, while the Mid Cap 400 (IJH) rose 4.96% and the Small Cap 600 (IJR) gained 3.48%. Mid Cap and Small Cap growth
Looking at US sectors, six gained in Q1 while four fell. The biggest winner was Health Care (XLV) with a rally of 6%+. Consumer Discretionary (XLY) was up the second most with a 4% gain, while Telecom (IYZ) rose 3.21%. Technology (XLK) was only slightly in the green for the quarter, while other cyclicals like Financials (XLF), Industrials (XLI) and Energy (XLE) all fell. The biggest loser was Utilities (XLU) with a decline of 5.91%.
Internationally, most countries were up nicely in Q1 and outperformed the US. Russia (RSX) and Japan (EWJ) both rallied more than 10%, while Germany (EWG), Italy (EWI), China (FXI), France (EWQ), Hong Kong (EWH) and India (INP) gained more than 5%. Only the Americas saw declines. Brazil (EWZ) fell the most at -14%, while Canada (EWC) fell 5.8% and Mexico (EWW) fell 2.4%.
The DBC commodities ETF fell 7.5% in Q1 due to energy’s struggles. The USO oil ETF fell 17.3% while the natural gas ETF (UNG) fell 10%. Gold (GLD) was up slightly, while silver (SLV) rose 5.8%.
Finally, fixed income put in another decent quarter. Treasuries rallied, with the long-term TLT gaining the most at 3.8%.
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