Earlier this month we reported on asset class performance: March 2020: Red Wedding Version; and as far as YTD is concerned, it’s the Red Wedding Part 2. But for mid-month asset class performance on it’s own, we’re seeing some positive growth fueled by stimulus checks and increasing confidence from American investors — and to be fair, there wasn’t really more places for these asset classes to go than up. Managed futures held out strong and even ticked up a little (with a little more detail on the how & why here), and U.S. Stonks & U.S. Real Estate saw HUGE jumps due to said stimulus checks. But just the same as the beginning of the month we’re still in the thick of a crisis with original stay-at-home orders being extended, schools canceling classes through the end of the year, and Coronavirus fears still lingering. And we wouldn’t be surprised if we didn’t see these numbers dip again before the crisis comes to a close…..in who knows when.
Past performance is not indicative of future results.
Sources: Managed Futures = SocGen CTA Index,
Cash = US T-Bill 13 week coupon equivalent annual rate/12, with YTD the sum of each month’s value,
Bonds = Vanguard Total Bond Market ETF (NYSEARCA:BND),
Hedge Funds = IQ Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI)
Commodities = iShares S&P GSCI Commodity-Indexed Trust ETF (NYSEARCA:GSG);
Real Estate = iShares U.S. Real Estate ETF (NYSEARCA:IYR);
World Stocks = iShares MSCI ACWI ex-U.S. ETF (NASDAQ:ACWX);
US Stocks = SPDR S&P 500 ETF (NYSEARCA:SPY)
All ETF performance data from Yahoo Finance.
The performance data displayed herein is compiled from various sources, including BarclayHedge, and reports directly from the advisors. These performance figures should not be relied on independent of the individual advisor's disclosure document, which has important information regarding the method of calculation used, whether or not the performance includes proprietary results, and other important footnotes on the advisor's track record.
Benchmark index performance is for the constituents of that index only, and does not represent the entire universe of possible investments within that asset class. And further, that there can be limitations and biases to indices such as survivorship, self reporting, and instant history.
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