- US real estate investment trusts (REITs) and stocks posted the strongest returns for the major asset classes in October - by wide margins.
- US REITs surged 7.7% last month, reversing September’s sharp decline. The recovery puts American property shares in the lead for 2021 with a 23.5% total return, albeit just fractionally ahead of commodities.
- US stocks were a close second in October. American equities rose 6.8%, based on the Russell 3000 Index. Year to date, US shares are up a strong 22.8%.
For further details see:
Major Asset Classes: October 2021 Performance Review