SPY - Asset Class Scoreboard: August 2019
Look who's up there enjoying the double party after a strong August. It's Managed futures turning in the negatively correlated performance people yearn for in a bumpy month for stocks. US real estate continues to go bonkers, while commodities and bonds are perhaps the biggest surprise YTD, near 10% gains. Hedge Funds, meanwhile, continue to provide oranges when everyone's comparing apples.
Past performance is not necessarily indicative of future results.
Past performance is not necessarily indicative of future results.
Sources: Managed Futures = SocGen CTA Index,
Cash = US T-Bill 13 week coupon equivalent annual