August 2026 delivered broad gains across the scoreboard, with Commodities continuing their run by adding +6.21% for the month. That advance lifted their year-to-date return to +47.57%, holding their sizable lead atop the board.
Managed Futures posted another positive month, gaining +2.75% in August and bringing their year-to-date return to +11.01%. This marked their third consecutive positive month following the June and July setbacks, and it kept them in the upper tier of the scoreboard alongside the equity categories.
Equities recovered after July’s softness, with World Stocks gaining +2.86% and U.S. Stocks rising +2.68%. Those moves pushed World Stocks to +16.59% and U.S. Stocks to +13.09% year-to-date, second and fourth respectively on the board.
Hedge Funds returned +0.83% in August, lifting their year-to-date figure to +8.56%, while Cash held steady with a +0.32% gain for a +2.51% return on the year. Bonds edged up +0.36% for the month but remained the lone asset class in negative territory year-to-date at -0.19%.
U.S. Real Estate was the exception in an otherwise positive month, declining -2.34% in August. Even with the pullback, it stayed positive for the year at +10.16%.
As August comes to a close, Commodities remain firmly in front, World Stocks hold second, and Managed Futures continue their steady climb after regaining their footing over the summer.

Past performance is not indicative of future results.

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 Y Charts




