February’s numbers are all in, so we can update our asset class scoreboard to see where the major asset classes stand after the first two months of the year. US stocks and US real estate saw the biggest increases last month, putting the two at the top of the list (where they spent most of 2012). Most of the rest of the list experienced a decline: world stocks, hedge funds, and especially commodities. As a result, managed futures moved up to fourth place despite only a modest gain in February. (Disclaimer: past performance is not necessarily indicative of future results).

Managed Futures = Newedge CTA Index, Cash = 13 week T-Bill rate,

Bonds = Vanguard Total Bond Market ETF (BND), Hedge Funds = DJCS Core Hedge Fund Index

Commodities = iShares GSCI ETF (GSG), Real Estate = iShares DJ Real Estate ETF (IYR)

World Stocks = MCSI World Index (ex USA), US Stocks = S&P 500