IHD - Voya Global Perspectives Market Models - ETF Series Q1 2025 Commentary
2025-06-03 23:00:00 ET
Summary
- During 1Q 2025, the Voya Global Perspectives Market Models: ETF Series delivered mostly positive absolute, but negative relative returns.
- U.S. stocks fell due to policy uncertainty and artificial intelligence spending concerns. Overseas, international equities gained, especially in Europe and China, driven by economic improvements and policy support.
- The Trump administration’s trade policies and legal battles have created uncertainty, leading to cautious corporate spending and a decline in consumer confidence, slowing economic growth.
- On a net-of-fees basis for the following: The Voya GPMM Income Model, Voya GPMM Conservative Growth ETF, Voya GPMM Moderate Growth ETF and GPMM Aggressive Growth ETF Models underperformed the Bloomberg Global Aggregate Bond Index, and the S&P Target Risk Conservative, Moderate and Aggressive Indices, respectively.