February 2025 brought a shake-up to the asset class scoreboard, with Managed Futures taking a hit, dropping -2.36% after a modest +0.47% gain in January. 

On the brighter side, U.S. Real Estate surged +3.79%, leading the pack for the month and building on its +1.62% gain in January. 

World Stocks and Bonds also delivered strong performances, rising +2.48% and +2.16%, respectively.

U.S. Stocks, however, struggled, posting a -1.27% decline after a solid start in January (+2.69%), field by uncertainty around tariff wars. Hedge Funds also dipped -0.60%, while Commodities gave back -0.47%, erasing some of their previous month’s +3.45% gain.

Cash remained consistent, returning +0.36%—a steady presence in an otherwise volatile month.

Past performance is not indicative of future results.

Past performance is not indicative of future results.

Sources: Managed Futures = SocGen CTA Index,
Cash = US T-Bill 13 week coupon equivalent annual rate/12, with YTD the sum of each month’s value,
Bonds = Vanguard Total Bond Market ETF (NYSEARCA:BND),
Hedge Funds = IQ Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI)
Commodities = iShares S&P GSCI Commodity-Indexed Trust ETF (NYSEARCA:GSG);
Real Estate = iShares U.S. Real Estate ETF (NYSEARCA:IYR);
World Stocks = iShares MSCI ACWI ex-U.S. ETF (NASDAQ:ACWX);
US Stocks = SPDR S&P 500 ETF (NYSEARCA:SPY)

All ETF performance data from Y Charts