It’s time to update our asset class scoreboard through August of 2011. As we expected, things have changed rather dramatically since the last time we took a break to consider the numbers, with August’s roller coaster swings finally factored into the comparison. Here’s where we stand as of last month:

Key: as of 8/31/2011

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