As we head into the new trading week, below is a look at the recent performance of various asset classes using US-traded ETFs. As shown, the Nasdaq 100 (QQQ) is leading the way higher here in the US with a year-to-date gain of 5%. Growth is outperforming value by a good margin as well.
In terms of sectors, Financials and Utilities are the only two that are down on the year, while Materials, Health Care, Telecom and Consumer Discretionary are up the most.
Outside of the US, Brazil and Canada are both solidly in the red in 2015. India, Italy, Russia, France and Germany have been the top performers. Commodities suffered a serious setback last week after trying to bounce off of lows. Oil (USO) pulled back 5%, leaving it up 4.66% on the month still, but down 8.4% on the year. Gold and silver are both down 6%+ on the month, but they’re still holding onto small year-to-date gains.
Finally, Treasury ETFs have pulled back across the board in February, with the 20+ Year Treasury (TLT) down 8.5%! At the end of January, TLT was up 10% on the year already, but after giving up nearly all of those gains, it’s now up just 0.49% year-to-date.