Stocks, Bonds, Gold, Crypto: Market Update 3/27/2026
Here is a quick snapshot of how different asset classes moved yesterday, last week, and the last month.
- Equity declined 0% yesterday, with decreases also seen over the last week and month.
- Bonds fell -0.01% yesterday and stayed under pressure throughout the past week and month.
- Gold rose 3.5% in the last session, with weekly and monthly changes of 0.3% and -13%, respectively.
- Following a 0% rise yesterday, Commodities show 0% for the week and 5.6% for the month.
- Real Estate dropped -0.8% yesterday, continuing weakness in the past week and month.
- Bitcoin decreased -0.2% yesterday, versus -2.6% over the week and 1.8% over the month.
| ETF | 1D | 1W | 1M | |
|---|---|---|---|---|
| Equity | SPY | 0.0% | -0.5% | -6.4% |
| Bonds | AGG | -0.0% | -0.1% | -2.6% |
| Gold | GLD | 3.5% | 0.3% | -13.1% |
| Commodities | DBC | 0.0% | 0.0% | 5.6% |
| Real Estate | VNQ | -0.8% | -2.0% | -7.9% |
| Bitcoin | BTCUSD | -0.2% | -2.6% | 1.8% |
Why does it matter?
- How To Earn 13% Yield While Waiting to Buy APH 30% Cheaper
- Cash Machine Trading Cheap – Adobe Stock Set to Run?
- Walmart Stock Hands $76 Bil Back – Worth a Look?
- UnitedHealth Stock Shares $77 Bil Success With Investors
- Years of Rewards: $57 Bil From Pfizer Stock
- Norwegian Cruise Line Stock Hits Key Support – Buying Opportunity?
- See where capital is flowing: Asset class performance reveals investor sentiment, from risk-on rallies to flight-to-safety moves.
- Track shifts in correlation: Rising correlations reduce diversification benefits and increase portfolio risk during stress.
- Spot early signs of rotation: Leadership changing across stocks, bonds, or commodities often precedes macro regime shifts.
Trefis works with Empirical Asset Management – a Boston area wealth manager – whose asset allocation strategies yielded positive returns during the 2008-09 period when the S&P lost more than 40%. Empirical has incorporated the Trefis HQ Portfolio in this asset allocation framework to provide clients better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.
Capital Flow Patterns Have Governed Historical Risk-Return Profile
| ETF | Return | Volatility | Sharpe | |
|---|---|---|---|---|
| Equity | SPY | 14.0% | 15.0% | 76.9% |
| Bonds | AGG | 1.6% | 5.2% | -16.9% |
| Gold | GLD | 13.2% | 15.3% | 70.0% |
| Commodities | DBC | 8.2% | 16.0% | 39.0% |
| Real Estate | VNQ | 4.7% | 17.6% | 20.5% |
| Bitcoin | BTCUSD | 66.9% | 76.1% | 99.1% |
Figures are on annualized basis, based on monthly return data for last 10 years
How Stable Is Correlation Between Different Asset Classes?
| Equity | Bonds | Gold | Commodities | Real Estate | Bitcoin | |
|---|---|---|---|---|---|---|
| Equity | – | 12% | 20% | 16% | 7.3% | 13% | 8.0% | 34% | 23% | 33% | 72% | 68% | 64% | 26% | 39% | 43% |
| Bonds | 12% | 20% | 16% | – | 32% | 30% | 12% | -0.7% | -3.5% | -15% | 29% | 39% | 42% | 11% | 7.5% | 2.2% |
| Gold | 7.3% | 13% | 8.0% | 32% | 30% | 12% | – | 29% | 38% | 48% | 13% | 17% | 11% | 11% | 9.7% | 13% |
| Commodities | 34% | 23% | 33% | -0.7% | -3.5% | -15% | 29% | 38% | 48% | – | 23% | 15% | 23% | 10% | 12% | 18% |
| Real Estate | 72% | 68% | 64% | 29% | 39% | 42% | 13% | 17% | 11% | 23% | 15% | 23% | – | 18% | 26% | 23% |
| Bitcoin | 26% | 39% | 43% | 11% | 7.5% | 2.2% | 11% | 9.7% | 13% | 10% | 12% | 18% | 18% | 26% | 23% | – |
The figures above are correlations for last 10Y, 5Y and 1Y, in same order
Which Assets Have Seen Most Money Rotation During Market Crashes?
| ETF | Inflation Shock | Covid Pandemic | 2018 Correction | |
|---|---|---|---|---|
| Equity | SPY | -23.0% | -30.4% | -19.3% |
| Bonds | AGG | -14.1% | -2.1% | 1.4% |
| Gold | GLD | -7.7% | -6.3% | 5.0% |
| Commodities | DBC | 20.5% | -23.7% | -16.5% |
| Real Estate | VNQ | -29.8% | -41.6% | -11.1% |
| Bitcoin | BTCUSD | -56.0% | -33.5% | -37.4% |
The table shows return of different asset classes during market crises – specifically during the period where S&P fell and bottomed
The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 – S&P 500, Russell, and S&P midcap. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.