FYI: Below is a look at the recent performance of various asset classes using our ETF total return matrix. For each ETF, we highlight its total return month-to-date, over the last two weeks (since 11/22), and year-to-date.
Starting with the US (left side of matrix), we’ve seen the Nasdaq 100 (QQQ) and smallcaps (IJR, IWM) get hit the hardest so far this month. Value has been significantly outperforming growth as well recently.
Looking at sectors, we’ve seen the two consumer sectors, Energy, and Financials perform best of late, while Technology, Telecom, Industrials, Health Care, and Utilities have been underperforming.
Outside of the US, Brazil (EWZ) and Canada (EWC) are the only two countries that are up so far in December. On the flip side, we’ve seen Hong Kong (EWH), India (PIN), Spain (EWP), Germany (EWG), and Japan (EWJ) all fall more than 1%. Over the last two weeks, China (ASHR) has gotten hit the hardest with a drop of 5.86%.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/recent-asset-class-performance-highlights-shift/
