November 2018 Asset Class Total Returns

Dec. 04, 2018 2:09 PM ETSPY, DIA, QQQ, XLK, XLE, XLC, XLV, XLI, XLB, EWH, PIN, EWW, DBC, USO1 Comment
Bespoke Investment Group profile picture
Bespoke Investment Group
45.32K Followers

Below is a look at the performance of various asset classes in November using our key ETF matrix. Along with November total returns, we also include returns since the 9/20 high for the S&P 500 as well as year-to-date.

Both the S&P 500 (SPY) and the Dow 30 (DIA) gained just under 2% in November, while the Tech-heavy Nasdaq 100 (QQQ) finished in the red. The Technology (XLK), Energy (XLE), and Communication Services (XLC) sectors were all down in November, while Health Care (XLV) was up huge at +8%. With gains of 3.8%, Industrials (XLI) and Materials (XLB) were the next best performing sectors behind Health Care.

Outside of the US, the best performing countries were Hong Kong (EWH) and India (PIN) with gains of 8% and 9.8%, respectively. On the flip side, Mexico (EWW) was the worst performing country with a decline of 4.16%.

The real action in November came in the commodities space. The broad commodities ETF (DBC) fell 9.85% on the month, which was due to oil's (USO) dramatic drop of 22.19%. Natural gas, on the other hand, caught a massive bid and gained 39.78% on the month! Nat gas is now up 60% on the year.

Treasury ETFs were slightly higher in November as rates pulled back a bit.

This article was written by

Bespoke Investment Group profile picture
45.32K Followers
Bespoke Investment Group provides some of the most original content and intuitive thinking on the Street. Founded by Paul Hickey and Justin Walters, formerly of Birinyi Associates and creators of the acclaimed TickerSense blog, Bespoke offers multiple products that allow anyone, from institutions to the most modest investor, to gain the data and knowledge necessary to make intelligent and profitable investment decisions. Along with running their Think B.I.G. finance blog, Bespoke provides timely investment ideas through its Bespoke Premium (http://bespokepremium.com/) subscription service and also manages money (http://bespokepremium.com/mm) for high net worth individuals. Visit: Bespoke Investment Group (http://bespokeinvest.com/)

Recommended For You

Comments (1)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.