Recent Asset Class Performance

by: Bespoke Investment Group

The month of November is now complete, and below we highlight the performance of key ETFs across all asset classes over the last month, QTD and YTD.

Equity markets were driven by strong performance outside of the US in November. While the SPY ETF finished up 0.57% for the month, countries like France, Germany, Hong Kong, India, Italy, Japan and Mexico all finished the month up more than 2%. After a November gain of 4.91%, the India ETF (NYSEARCA:INP) is now up 26.79% year to date, which is the best of any ETF in the matrix below. Mexico (NYSEARCA:EWW) is the second best performing ETF year to date with a gain of 25.11%.

In the US, Midcaps (NYSEARCA:IJH) led the way in November with a gain of 2.23%. Of the ten sectors, Consumer Discretionary (NYSEARCA:XLY) gained the most at +3.17%. Four US sectors finished down for the month -- Financials, Energy, Utilities and Telecom. Utilities (NYSEARCA:XLU) fell the most at -4.27%. With one month left in 2012, Consumer Discretionary (XLY) and Financials (NYSEARCA:XLF) will battle it out in December to be the top performing sector for the year.