Asset Class Scoreboard

Asset Class Scoreboard – Commodites Hot, Managed Futures Are NOT

Article by RCM Alternatives

Sell in May and go away didn’t come to fruition at least in the month of May, as US equities had its best month of the year since January. Three days last month saw gains of more than 1% and one saw a decline of -1% or more. World Stocks struggled with its performance fueled off of uncertainty in Italy and Spain.

Q1 hedge fund letters, conference, scoops etc, Also read Lear Capital: Financial Products You Should Avoid?

Meanwhile, Long Only Commodities continue their consistent uptrend on the back of an uptrend in the U.S Dollar Index, now up +8.67% on the year. We will have to wait and see if the crude oil pullback drags down this performance in June or whether there will be a bounce back in the coming weeks.

Finally, Managed Futures hasn’t found the alpha they need to recover from February’s loses. The second half of 2018 awaits!

Asset Class Scoreboard

Asset Class Scoreboard

Source: All ETF performance data from Morningstar.com

Sources: Managed Futures = SocGen CTA Index, Cash = 13 week T-Bill rate,

Bonds = Vanguard Total Bond Market ETF (BND),

Hedge Funds= IQ Hedge Multi-Strategy (QAI)

Commodities = iShares GSCI ETF (GSG);

Real Estate = iShares DJ Real Estate ETF (IYR);

World Stocks = iShares MSCI ACWI ex US Index Fund ETF (ACWX);

US Stocks = SPDR S&P 500 ETF (SPY)

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