Recent Asset Class Performance

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?