This Was the Best-Performing Asset Class in August
Commodities crushed all other asset classes last month, with gold and crude oil leading the way.
Overview
At the beginning of every month, I look back to see how various asset classes performed during the previous month, which were the laggards and which were the leaders. This exercise helps me get a sense of where the market is going and what the underlying forces driving market changes are.
So for August, which asset class was best?
Details
Just as in July, it was commodities. As a class, they rose 6.2% in August, and they're up a whopping 47.6% year to date. That's as measured by the iShares S&P GSCI Commodity-Index Trust ETF (NYSEMKT: GSG). The ETF has far outperformed the S&P 500 index, which climbed a more modest 2.7% in August and is up about 13% in 2026.
Source
Originally published at www.fool.com.