Below we highlight the performance of key ETFs across all asset classes over the last week, month, and quarter-to-date. As you can see, equities have painted the globe red over all three time periods, while the only asset classes that have gained have been precious metals and fixed income.
France, Germany and Italy have seen by far the biggest declines. Just over the last week, the ETFs that track these three markets (EWQ, EWG, EWI) are all down more than 15%!
Gold probably comes to mind immediately when thinking about the top performing asset class this quarter, and while it is up 20.38%, the 20-Year+ Treasury ETF (TLT) is actually up even more at 20.99%!  Pretty amazing.
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