Bespoke’s Asset Class Performance Matrix — Q1 2016
Below is our asset class performance matrix for Q1 2016 using key ETFs traded on U.S. exchanges. A ridiculously strong March propelled US stocks into the green for the quarter, but just barely so. As shown, the S&P 500 ETF (SPY) finished Q1 up 0.81% year-to-date. The Dow 30 (DIA) more than doubled that at +1.96%, while the Tech and Biotech heavy Nasdaq 100 (QQQ) finished down 2.4%.
Eight of ten sectors were up in Q1, led by Consumer Staples (XLP), Utilities (XLU), Telecom (IYZ), and Industrials (XLI). The two sectors in the red for the quarter were Financials (XLF) and Health Care (XLV) — both falling nearly 6%.
Outside of the US, Brazil (EWZ) won the quarter with a gain of 27%! Italy (EWI) was the big loser at -11.21%. Looking at commodities, gold and silver rallied 10%+ in Q1, while oil and natural gas finished down 10%+ even though they surged in March. Finally, Treasury ETFs rose nicely in Q1 with the 20+ Year Treasury (TLT) gaining the most at +8.7%.
For those interested, below is a list of the best performing S&P 500 (SPX) stocks during the month of March:
Courtesy of bespokeinvest.com