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FYI: 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.
Comments
Since the 2008 low for both ETFs, XLE has out performed USO by a 4:1 margin:
If USO can hold steady... XLE could out perform from here: