This post is by Dorothy Neufeld from Visual Capitalist
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The Fastest Rising Asset Classes in 2023
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Many corners of the market have shown resilience despite persistent inflation and slowing economic growth in 2023. U.S. equities, international equities, and a variety of bonds have seen positive returns so far this year.
In the above graphic, we rank the top-performing asset classes to date with data from BlackRock.
Asset Class Performance, Ranked
Here’s how select asset classes have performed in 2023 as of May 31:
|Asset Type||2023 Return (as of May 31)||10-Year Annualized Return|
|Investment Grade Credit||2.8%||1.6%|
|High Yield Bonds||2.6%||3.0%|
|Emerging Market Debt||1.8%||1.9%|
|Emerging Market Equities||1.2%||2.3%|
|Developing Market Gov. Debt||0.9%||-0.5%|
After a troublesome 2022 for markets, you can see above that U.S. equities have rebounded the fastest in 2023. They are sitting at 9.8% returns year-to-date.
However, this has largely been a story of a few outperformers buoying the overall market. Nvidia with 159% returns, along with Meta (120%), Apple (36%), and Microsoft (37%) are among the companies with strong growth. Many of these companies are investing billions in artificial (Read more...)