Below we highlight the recent performance of key ETFs across all asset classes. As shown, it has been a rough five days for equities. The US markets are down about 5%, and many foreign markets are down even more. India's INP is down nearly 13% over the past five days, while China's FXI is down 7.14%.
On a sector basis, Financials are down the most over the last five days at -9.84%, followed by Consumer Discretionary (XLY) and Telecom (IYZ). Over the last month, Telecom (IYZ) and Technology (XLK) are down the most at -21.81% and -18.27% respectively!
While equities are flashing red, foreign currencies, fixed income and commodities are mostly higher over the last week and month. The Silver ETF (SLV) is up the most at 32%. A couple of weeks ago, we noted that Natural Gas was finally outperforming Oil and should continue to do so. The Natural Gas ETF (UNG) has done just that, up 25.57% over the last 30 days, while USO (the Oil ETF) is up just 3.89%.
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