Ethereum Trust ETHA Rose 2.47%

Wednesday favored digital-asset leadership. Ethereum Trust ETHA led and set the tone.

China equities lagged

Movers

Outperformers: South Korea EWY +1.88% (3M: -9.8%), Technology XLK +1.67% (3M: +5.8%)

Underperformers: China MCHI -1.79% (3M: -6.2%), China Large Cap FXI -1.70% (3M: -4.4%)

3M Leaderboard

Strong: Brazil EWZ +17.5%, Energy XLE +15.5%, Healthcare XLV +11.3%

Weak: South Korea EWY -9.8%, Utilities XLU -8.4%, Industrials XLI -7.2%

Credit edged ahead, rate-sensitive income lagged

Movers

Outperformers: EM Sovereign Bonds EMB +0.24% (3M: -1.9%), High Yield HYG +0.20% (3M: -1.4%)

Underperformers: Preferred Stock PFF -0.17% (3M: -2.9%), Int. Treasuries VGIT -0.05% (3M: -1.1%)

3M Leaderboard (within FI scale)

Strong: Short TIPS VTIP +0.1%, Short Corporate VCSH -0.2%, Global Bonds BNDX -0.6%

Weak: Preferred Stock PFF -2.9%, Long Treasuries TLT -2.4%, EM Sovereign Bonds EMB -1.9%

Crypto led, real estate lagged

Movers

Outperformers: Ethereum Trust ETHA +2.47% (3M: +33.3%), Bitcoin Trust IBIT +2.42% (3M: +30.5%)

Underperformers: Real Estate VNQ -0.86% (3M: -6.5%), Global REITs REET -0.54% (3M: -7.9%)

3M Leaderboard

Strong: Ethereum Trust ETHA +33.3%, Bitcoin Trust IBIT +30.5%, Gold Miners GDX +15.6%

Weak: Clean Energy ICLN -10.2%, Global REITs REET -7.9%, Infrastructure PAVE -7.6%

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Romain Gandon
CEO, Quantlake

Disclaimer: This article is for informational and educational purposes only and does not constitute investment advice. Past performance is not indicative of future results.