ETFs & Funds
Index funds track the equity rally
Broad U.S. equity funds rise with stocks, while bond funds lag.
The main stock funds mirror the market’s positive close. SPY rises 0.7%, QQQ gains 1.2%, VTI adds 0.7%, IWM rises 0.3%, and DIA edges up 0.1%.
Global equities also move higher in aggregate through EFA, which gains 0.2%.
Bond exposure is softer. TLT rises 0.6%, but VBTLX is flat and the fund is still below its 200-day average.
GLD falls 1.5% even though spot gold is nearly unchanged, a reminder that fund pricing can lag the underlying commodity move.