Many of the main asset lessons rose in November, extending the previous-month’s broad-based good points, based mostly on a set of ETF proxies. US actual property funding trusts led the way in which, posting a strong acquire final month.
Vanguard US Actual Property (VNQ) rose 2.4% in November, nicely forward of the remainder of the sphere. Regardless of the rally, the fund continues to battle this 12 months in relative phrases.
US shares (VTI) rose 0.3% in November, marking the fund’s seventh straight month-to-month acquire, albeit through its weakest rally because the April selloff.
Shares in rising markets suffered a 1.2% loss in November, marking the weakest efficiency for the main asset lessons final month.
12 months thus far, all the main asset lessons are within the black. One of the best performer in 2025 by far: overseas shares in developed markets ex-US (VEA) through a scorching 31.0% rise. Apart from money (SHV), US actual property (VNQ) is weakest market by the use of a 5.6% enhance.
The World Market Index (GMI) prolonged its run of month-to-month good points in November, rising 0.4%. The modest advance marks the eighth straight month-to-month enhance. 12 months thus far, GMI is up a powerful 18.0%, nicely above its long-run efficiency.
GMI is an unmanaged benchmark (maintained by CapitalSpectator.com) that holds all the main asset lessons (besides money) in market-value weights through ETFs and represents a aggressive benchmark for globally diversified multi-asset-class portfolio methods.
