The fell on Thursday, March 13, closing 10.1% under its earlier peak – a decline that many analysts outline as a “correction,” which is a slide starting from 10% to twenty%. A “bear market,” in line with Wall Avenue-speak, arrives when a decline exceeds 20%. The phrase “B” doesn’t apply, at the very least not but, however shares are clearly on the defensive. But some corners of worldwide markets are holding up if not rallying. Right here’s a fast evaluation highlighting a choose record of current winners primarily based on a set of ETFs by means of yesterday’s shut.
A number one vibrant spot in the meanwhile is gold (GLD (NYSE:)), which continues to rally; the metallic set a brand new report excessive yesterday. “Amid escalating geopolitical tensions, rising commerce tariffs, and rising monetary market uncertainty, traders are more and more searching for stability – and they’re discovering it in gold,” stated Alexander Zumpfe, a valuable metals dealer at Heraeus Metals Germany.
Sure portfolio methods are additionally trying sturdy this yr. One bullish standout is merger arbitrage. The current uptrend for the NYLI Merger Arbitrage ETF (NYSE:) has been a port in a storm this yr.
Some variations of broadly outlined commodities portfolios are additionally posting relative energy in 2025. The WisdomTree Commodity Index (GCC) is up 2.7% yr thus far regardless of a current setback.
Costs for international authorities bonds have been rising currently from a US-investor perspective, partly because of a weak this yr. When the buck falls, that’s often a tailwind for international property denominated in foreign currency. The bullish impact is conspicuous in authorities bonds issued in developed markets ex-US (BWX).
Authorities bonds issued in rising markets (EMLC) are posting even stronger leads to 2025.
Again within the US, shares within the utilities sector (XLU) have historically been a secure haven, and there’s some proof for sustaining that view amid the most recent correction for shares general. Utilities have been comparatively steady this yr and are at the moment posting a 2.2% advance for 2025 by means of yesterday’s shut.
