January 2026 kicked off with strong performance across all asset classes, led by an impressive +10.49% gain in Commodities and +5.44% return for World Stocks.

Managed Futures started the year with momentum, posting a solid +4.74% return for the month. This marked a continuation of strength from the end of 2025, where the strategy had shown four consecutive months of positive returns.

U.S. Real Estate and Hedge Funds both delivered positive performances, gaining +2.47% and +2.33% respectively. U.S. Stocks began the year with a +1.47% return, while Bonds eked out a modest +0.22% gain.

Cash maintained its steady path with a +0.31% return for January.

As January closes, all eight asset classes registered positive returns, with Commodities taking an early lead in the 2026 performance race.

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