FYI: Below is our total return ETF matrix highlighting the performance of various asset classes from the perspective of a US investor focused on ETFs.
With a solid end to the week on Friday, US equities finished the week with across the board gains as all of the major averages with the exception of the tech-heavy Nasdaq 100 (QQQ) finished up in the green. Don’t feel too bad for the Nasdaq, though, as it is still up nearly 2% MTD and over 15% on the year. The biggest laggard on a YTD basis has been the Dow (DIA) with it’s YTD gain of 5.06%, and that’s after taking into account it’s leading 1.48% gain last week.
On a sector by sector basis, defensive stocks led the way higher as Consumer Staples (XLP), Telecom Services (IYZ), and Utilities (XLU) all had gains of close to 3% or more. On the downside, commodities related stocks took it on the chin with Energy (XLE) falling over 3.5% and Materials (XLB) dropping 0.43%.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/bespoke-asset-class-performance-matrix/
