As we head into the Labor Day weekend, we thought investors might like to take a look at how various asset classes have performed over the last month, 3 months, and year. Below we have broken up a number of key ETFs into asset classes to easily highlight asset-class performance.
As shown, ETFs are mostly up over the last month and three months, but they're still down over the last year (with the exception of gold and fixed income ETFs). The S&P 500 tracking SPY ETF is down 17.85% versus a year ago, while the Nasdaq 100 tracking QQQQ is only down 7.8%. Smallcap ETFs are down more than midcaps, and Financials, Energy, and Industrials are down the most out of the ten US sectors.
Internationally, Russia (RSX), Germany (EWG), and Italy (EWI) have done the worst over the last year, while China (FXI) and India (INP) are actually up. Australia (EWA) is up the most over the last three months. Looking at commodities, oil ETFs are down over all three time frames, while gold and silver ETFs are all up.