With the Fed releasing their comments on the potential for round three of quantitative easing later today (QE3 in the popular vernacular), we decided to take a look at just what the past two QE’s have accomplished. To get a good picture, we compared managed futures to stocks and bonds, using indices as proxies for the asset classes. We defined the time periods based on what seemed to be the consensus in the literature base, with QE1 spanning from September 2008 to February 2010, and QE2 spanning from November 2010 to June 2011.

Here’s what happened in QE1 and QE2. What will QE3 bring, if it comes at all?

[DISCLAIMER: PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.]