Posted on 10/31/2011
On October 4th, 2011 the S&P 500 Index traded to 1,075 for the first in more than a year, accomplishing what 2,126 individual US common stocks did on that day as well; new 52-week lows. From those October 4th closing prices we have seen significant recovery from most areas of the market, with the "laggard" sectors still gaining about 8% (thru close Friday), while the best performing sectors have gained more than 20% at this stage in the market rebound. The S&P 500 has gained 14%, the Continuous Commodity Index is up more than 8%, while fixed income assets have generally produced flat (AGG) or negative (IEF) returns over that period. The performance table below includes a list of both cap-weighted and equal-weighted US sector products, as well as a handful of broader benchmarks from various asset classes (sorted by performance, best to worst).