September ETF Performance
September 28th at 2:00pm by Tom Lydon
Another month and quarter has come and gone in the exchange traded fund (ETF) world and fall is in the air. Although it was a bumpy quarter, The Federal Reserve rate cut helped rally domestic markets within reach of their record highs. For the month, broad markets were up about 4% and large-cap growth outperformed mid- and small-caps.
Emerging, Asian and European markets outperformed domestic markets. China ETFs gained over 20% and the emerging markets weren’t far behind with 18% gains.
Top performing sectors for September included steel and gold miner ETFs, each up 22%. The homebuilding sector continued to its downward trend, losing 12%. To see how each asset class, region and sector performed, click here for the full performance report.
