Below is an updated snapshot of key asset class performance since June 1st, quarter to date, and year to date. As shown, equities around the world have bounced roughly 3-4% since the lows on June 1st, but the quarter-to-date numbers still look bad. Major equity indices in the US are still down 5% or more since the start of April. Year to date performance numbers are back solidly in the green for now.
Energy (XLE) and Financials (XLF) have bounced back 4% since June 1st, but they're still down 10% for the quarter, which makes them by far the worst performing sectors in Q2. Energy (XLE) is the only sector that is down year to date, and its down quite a bit at -6%.
The Spain ETF (EWP) is up the most of any ETF on the list since June 1st with a gain of 10.69%. Russia (RSX) is up the second most with a gain of 8.05%.
Where stocks have gained over the last twelve days, Treasuries have declined. The 20-Year+ Treasury ETF (TLT) is down 4.30% since June 1st, which is the second worst performing ETF on the list behind natural gas (UNG). TLT is still the best performing sector quarter to date, however, with a gain of 11.19%. Who knew long-term Treasuries would be the place to go for volatility?