XLC - Chart Of The Week: The Performance Race
2024-07-02 07:05:00 ET
Summary
- As H2 2024 gets underway, the market remains in bull mode, with offensive sectors and assets outperforming defensive ones.
- Year-to-date, the United States Oil Fund (USO) actually delivered the best performance of the ETFs tracked: +19.4%.
- Riskier bonds outperformed credit risk-free government debt, with the SPDR Bloomberg High Yield Bond ETF (JNK) closing out H1 with a 2.3% gain, while the iShares 20+ Year Treasury Bond ETF (TLT) lost 5.6%.
By Mike Larson
It’s official: The first half of 2024 is over... and the second half is getting underway. That makes now a great time to look back at which assets are winning the performance race, which are bringing up the rear, and which are stuck somewhere in between....
Chart Of The Week: The Performance Race