Sign up to create alerts for Instruments,
Economic Events and content by followed authors
Free Sign Up Already have an account? Sign In
Quotes
All Instrument Types
- All Instrument Types
- Indices
- Equities
- ETFs
- Funds
- Commodities
- Currencies
- Crypto
- Bonds
- Certificates
Please try another search
Last Call for Cyber Monday! Save Now on Claim 60% OFF
U.S. Stocks Post The Only 1-Year Gain For The Major Asset Classes
www.investing.com/analysis/us-stocks-post-the-only-1year-gain-for-the-major-asset-classes-200360455/
U.S. Stocks Post The Only 1-Year Gain For The Major Asset Classes
By James Picerno | Nov 19, 2018 07:14AM ET And then there was one. The slow grind of selling in global markets this year has left the US equity market with the lone positive total return for the trailing one-year trend among the major asset classes, based on a set of exchange-traded products through last week’s close.
The upside distinction for US stocks is doubly striking because this market not only stands alone with a positive year-over-year change. The size of the gain is also notable when stacked up against the red ink that otherwise prevails for the major asset classes.
Vanguard Total Stock Market (NYSE:VTI), which targets a broad set of US equities, was up 7.3% for the trailing one-year period through the close of trading last week (Nov. 16). The respectable performance is well below the one-year gains that VTI had been posting earlier in the year, but the downsized increase still leaves the rest of the field in the dust.
All the major asset classes, other than US equities, are nursing losses for the one-year window, ranging from a fractional 0.3% decline for securitized real estate — Vanguard REIT (NYSE:VNQ) – to a steep 9.1% slide for stocks in emerging markets via Vanguard FTSE Emerging Markets (NYSE:VWO).
Meantime, an ETF-based version of the Global Markets Index (GMI.F) is holding on to a small gain for the trailing one-year period. This investable, unmanaged benchmark that holds all the major asset classes in market-value weights is ahead, just barely, with a 0.6% total return as of Friday’s close vs. the year-ago price after factoring in distributions.
Major Asset Classes ETF Performance
Ranking the major asset classes by drawdown shows that most markets are posting modest peak-to-trough declines at the moment (no more than -10%). The smallest current drawdown can be found in a broad measure of US investment-grade bonds: Vanguard Total Bond Market (BND) closed last week at just 2.6% below its previous peak.
As for the deepest current drawdown, that title is held by a portfolio of broadly defined commodities: iPath Bloomberg Commodity Total Return Exp 12 June 2036 (NYSE:DJP) is trading nearly 50% below its previous summit.
GMI.F, by comparison, has a modest drawdown of roughly -7%.
Current Drawdowns
Related Articles
Financial Sector Rebounds Into Positive Year-to-date Performance
By ETF Central - Nov 22, 2023
The S&P financial sector experienced a notable rebound over the week, up 3.26%, in the wake of regional banks transitioning into positive territory since the beginning of the...
High Yield ETFs Follow-Up with Second-Largest Weekly Intake on Record
By Refinitiv Lipper - Nov 17, 2023
During LSEG Lipper’s fund-flows week that ended November 15, 2023, investors were overall net purchasers of fund assets (including both conventional funds and ETFs) for the fourth...
My Thoughts on Treasuries and Tech Stocks Amid Wild Volatility
By Robert Isbitts - Nov 14, 2023
The shifts in investor sentiment have been a whipsaw. Maybe this is the start of a generational opportunity to “buy the bottom” in long-term bonds. Or, maybe it is just...
U.S. Stocks Post The Only 1-Year Gain For The Major Asset Classes
Add Chart to Comment
Confirm Block
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
Report this comment
I feel that this comment is:
Comment flagged
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.