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Stocks In Emerging Markets In The Lead Last Week

Summary:
Equities in emerging markets posted a solid gain in the first week of October, marking the strongest weekly advance among the major asset classes, based on a set of exchange-traded products. Vanguard FTSE Emerging Markets (VWO) jumped 1.8% for the five trading days through Oct. 6. The advance marks the first weekly increase for the fund in three weeks. US stocks delivered the second-strongest advance last week. Vanguard Total Stock Market (VTI) rose 1.3% – the fourth straight weekly gain for the ETF. Last week’s bottom performer: investment-grade corporate bonds in foreign markets. PowerShares International Corporate Bond (PICB) fell 1.2% last week, the ETF’s third consecutive weekly slide. For the one-year window, US equities moved back into first place. VTI’s recent gains lifted

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Equities in emerging markets posted a solid gain in the first week of October, marking the strongest weekly advance among the major asset classes, based on a set of exchange-traded products.

Vanguard FTSE Emerging Markets (VWO) jumped 1.8% for the five trading days through Oct. 6. The advance marks the first weekly increase for the fund in three weeks.

US stocks delivered the second-strongest advance last week. Vanguard Total Stock Market (VTI) rose 1.3% – the fourth straight weekly gain for the ETF.

Last week’s bottom performer: investment-grade corporate bonds in foreign markets. PowerShares International Corporate Bond (PICB) fell 1.2% last week, the ETF’s third consecutive weekly slide.

Stocks In Emerging Markets In The Lead Last Week

For the one-year window, US equities moved back into first place. VTI’s recent gains lifted the fund to a strong 20.6% total return over the trailing 12 months through Oct. 6.

US equities are again posting the strongest one-year gain, but stocks in foreign developed-markets (VEA) and emerging markets (VWO) aren’t far behind, holding the second- and third-strongest one-year returns, respectively, at last week’s close.

Meanwhile, broadly defined commodities slipped back into last place for one-year results among the major asset classes. After last week’s slump, iPath Bloomberg Commodity (DJP) was off 2.0% at Friday’s close vs. the year-earlier price.

Stocks In Emerging Markets In The Lead Last Week

James Picerno
James Picerno is a financial journalist who has been writing about finance and investment theory for more than twenty years. He writes for trade magazines read by financial professionals and financial advisers. Over the years, he’s written for the Wall Street Journal, Barron’s, Bloomberg Markets, Mutual Funds, Modern Maturity, Investment Advisor, Reuters, and his popular finance blog, The CapitalSpectator.

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