It’s time to update our asset class scorecard through the end April. Compared to the numbers we reported for March, it seems as though the general ascent has continued. Commodities, real estate, US and World stocks, and hedge funds continued to bring in positive returns, while bonds and managed futures did an about face. But managed futures really turned things around, capitalizing on the commodity surge to go from -1.33% in March to the black in April.

Key: as of 4/29/2011

Managed Futures = Credit Suisse/Tremont Managed Futures Index, Cash = 13 wk T-Bill rate, Bonds = Vanguard Total Bond Market ETF (BND), Hedge Funds = Credit Suisse/Tremont Hedge Index, Commodities – iShares GSCI ETF (GSC), Real Estate = iShares DJ Real Estate ETF (IYR), World Stocks = MCSI World Index (ex USA), US Stocks = S&P 500 Price Index