Scalper1 News
These numbers are set to be a lot different at the open this morning given that Dow futures are down 400 points, but below is a snapshot of asset class performance since the 8/25 low, for the full month of August, and year-to-date through August. As shown, U.S. equity ETFs were down 5-7% across the board in August, even after bouncing 5-6% since August 25th. Country ETFs like Australia (NYSEARCA: EWA ), Brazil (NYSEARCA: EWZ ), China (NYSEARCA: FXI ), Hong Kong (NYSEARCA: EWH ) and India (NYSEARCA: INP ) were down 10%+ in August, while Russia (NYSEARCA: RSX ) was surprisingly the best performer with a decline of just 88 basis points. Commodity ETFs had a better August than stocks after the huge rally in crude oil that we saw over the final three trading days of the month. Treasury ETFs all finished modestly lower. Share this article with a colleague Scalper1 News
Scalper1 News