{"id":6798,"date":"2025-01-09T10:22:43","date_gmt":"2025-01-09T16:22:43","guid":{"rendered":"https:\/\/schenkelberg.investments\/?p=6798"},"modified":"2025-01-09T10:22:46","modified_gmt":"2025-01-09T16:22:46","slug":"us-vs-international-us-sectors","status":"publish","type":"post","link":"https:\/\/schenkelberg.investments\/?p=6798","title":{"rendered":"US VS International\/US Sectors"},"content":{"rendered":"\n
Index<\/strong><\/td>Fourth Quarter 2024<\/strong><\/td>Year          To-Date 2024<\/strong><\/td><\/tr>
S&P 500<\/td>2.1%<\/td>23.3%<\/td><\/tr>
Dow Jones Industrial Average<\/td>0.5%<\/td>12.9%<\/td><\/tr>
Russell 2000<\/td>0.0%<\/td>10.0%<\/td><\/tr>
 <\/td><\/td> <\/td><\/tr>
MSCI All Country World Index ex-US<\/td>-7.5%<\/td>5.2%<\/td><\/tr>
 <\/td><\/td> <\/td><\/tr>
Aggregate Bond<\/td>-3.1%<\/td>1.4%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Performance Source: Koyfin.com Price Return<\/em><\/p>\n\n\n\n

U.S. Versus <\/a><\/a>International<\/a><\/strong><\/p>\n\n\n\n

<\/a>The S&P 500 Index, an index of large U.S. companies, posted a price return of 2.1% for the Fourth Quarter of 2024. Large U.S. stocks strongly outperformed international for the quarter as measured by the iShares MSCI ACWI ex-US Index, a representation of international stocks outside the U.S. The International ETF return for the Fourth Quarter of 2024 was -7.5%.<\/a><\/p>\n\n\n\n

The S&P 500 Index significantly outperformed international stocks for the full year in 2024, up 23.3% versus 5.2%. This outperformance for the full year was primarily due to more positive economic strength data out of the U.S. Fourth quarter outperformance was driven largely by the election of Donald Trump as U.S. president. Donald Trump has been very vocal about using tariffs on international goods as a means of negotiation. Tariffs could hamper the attractiveness of international manufacturers to sell goods in the U.S.<\/p>\n\n\n\n

Argentina\u2019s stock market outpaced other country markets for the fourth quarter and full year of 2024. This outperformance was propelled by macroeconomic reforms under Javier Milei\u2019s administration, rising foreign investor interest and progress toward reintegration into global capital markets.<\/a><\/p>\n\n\n\n

U.S. Sectors<\/strong><\/h2>\n\n\n\n

<\/a><\/a>Top performing U.S. S&P 500 sectors as reported by Koyfin for the Fourth Quarter of 2024 include Consumer Discretionary (12.2%), Communications (7.4%) and Financials (7.1%). Laggards for the Fourth Quarter include Basic Materials (-12.2%), Health Care (-10.3%) and Real Estate (-8.0%).<\/a><\/p>\n\n\n\n

Top performing U.S. S&P 500 sectors as reported by Koyfin for the full year 2024 include Communications (34.7%), Financials (30.6%) and Consumer Discretionary (26.5%). Laggards for 2024 include Basic Materials (0.2%), Health Care (2.5%) and Real Estate (5.1%).<\/p>\n\n\n\n

A sharp difference between stocks that performed well versus stocks that did not appeared again in the fourth quarter, highlighting this large gap that has persisted for the full year. This large contrast highlighted ongoing strength in the purchasing power of consumers versus more corporate, old world economic sectors like Basic Materials and Health Care.<\/p>\n","protected":false},"excerpt":{"rendered":"

Index Fourth Quarter 2024 Year          To-Date 2024 S&P 500 2.1% 23.3% Dow Jones Industrial Average 0.5% 12.9% Russell 2000 0.0% 10.0%     MSCI All Country World Index ex-US -7.5% 5.2%     Aggregate Bond -3.1% 1.4% Performance Source: Koyfin.com Price Return U.S. Versus International The S&P 500 Index, an index of large U.S. companies, […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[119,123,1],"tags":[],"class_list":["post-6798","post","type-post","status-publish","format-standard","hentry","category-market-commentary","category-market-performance","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p7kXxe-1LE","jetpack-related-posts":[{"id":6765,"url":"https:\/\/schenkelberg.investments\/?p=6765","url_meta":{"origin":6798,"position":0},"title":"U.S. Versus International\/U.S. Sectors","author":"J.J. Schenkelberg, CFA","date":"July 10, 2024","format":false,"excerpt":"IndexSecond Quarter 2024Year\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 To-Date 2024S&P 5003.9%14.5%Dow Jones Industrial Average-1.7%3.8%Russell 2000-3.9%0.8%\u00a0\u00a0MSCI All Country World Index ex-US1.0%5.6%\u00a0\u00a0Aggregate Bond0.1%-0.6% Performance Source: Koyfin Price Return U.S. Versus International The S&P 500 Index, an index of large U.S. companies, posted a price return of 3.9% for the Second Quarter of 2024. Large U.S. stocks outperformed\u2026","rel":"","context":"In "Market Commentary"","block_context":{"text":"Market Commentary","link":"https:\/\/schenkelberg.investments\/?cat=119"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6932,"url":"https:\/\/schenkelberg.investments\/?p=6932","url_meta":{"origin":6798,"position":1},"title":"U.S. vs International\/U.S Sectors","author":"J.J. Schenkelberg, CFA","date":"April 6, 2026","format":false,"excerpt":"Performance Source: Koyfin.com Price Return U.S. Versus International The S&P 500 Index, an index of large U.S. companies, posted a price return of -4.6% for the first quarter of 2026. Large U.S. stocks underperformed international for the quarter as measured by the iShares MSCI ACWI ex-US Index, a representation of\u2026","rel":"","context":"In "Market Commentary"","block_context":{"text":"Market Commentary","link":"https:\/\/schenkelberg.investments\/?cat=119"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2026\/04\/image-2.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2026\/04\/image-2.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2026\/04\/image-2.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":6894,"url":"https:\/\/schenkelberg.investments\/?p=6894","url_meta":{"origin":6798,"position":2},"title":"U.S. vs International\/U.S. Sectors","author":"J.J. Schenkelberg, CFA","date":"July 10, 2025","format":false,"excerpt":"Performance Source: Koyfin.com Price Return U.S. Versus International The S&P 500 Index, an index of large U.S. companies, posted a price return of 10.6% for the Second Quarter of 2025. This move brought the index around to an all-time high to end the quarter. Large U.S. stocks underperformed international for\u2026","rel":"","context":"In "Market Commentary"","block_context":{"text":"Market Commentary","link":"https:\/\/schenkelberg.investments\/?cat=119"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2025\/07\/image-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2025\/07\/image-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2025\/07\/image-1.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":6909,"url":"https:\/\/schenkelberg.investments\/?p=6909","url_meta":{"origin":6798,"position":3},"title":"U.S. Versus International\/U.S. Versus International","author":"J.J. Schenkelberg, CFA","date":"October 7, 2025","format":false,"excerpt":"Performance Source: Koyfin.com Price Return U.S. Versus International The S&P 500 Index, an index of large U.S. companies, posted a price return of 8.4% for the third quarter of 2025. This move brought the index to another all-time high within the quarter. Large U.S. stocks underperformed international for the quarter\u2026","rel":"","context":"In "Market Commentary"","block_context":{"text":"Market Commentary","link":"https:\/\/schenkelberg.investments\/?cat=119"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2025\/10\/image-4.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2025\/10\/image-4.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2025\/10\/image-4.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":6921,"url":"https:\/\/schenkelberg.investments\/?p=6921","url_meta":{"origin":6798,"position":4},"title":"U.S. Versus International\/U.S. Sectors","author":"J.J. Schenkelberg, CFA","date":"January 5, 2026","format":false,"excerpt":"Performance Source: Koyfin.com Price Return U.S. Versus International The S&P 500 Index, an index of large U.S. companies, posted a price return of 2.8% for the fourth quarter of 2025. Large U.S. stocks underperformed international for the quarter as measured by the iShares MSCI ACWI ex-US Index, a representation of\u2026","rel":"","context":"In "Financial Planning"","block_context":{"text":"Financial Planning","link":"https:\/\/schenkelberg.investments\/?cat=122"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2026\/01\/image-4.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":6784,"url":"https:\/\/schenkelberg.investments\/?p=6784","url_meta":{"origin":6798,"position":5},"title":"US vs International","author":"J.J. Schenkelberg, CFA","date":"October 10, 2024","format":false,"excerpt":"IndexThird Quarter 2024Year\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 To-Date 2024S&P 5005.5%20.8%Dow Jones Industrial Average8.2%12.3%Russell 20009.2%10.0%\u00a0\u00a0MSCI All Country World Index ex-US7.7%13.8%\u00a0\u00a0Aggregate Bond5.2%4.6% Performance Source: Koyfin Price Return U.S. Versus International The S&P 500 Index, an index of large U.S. companies, posted a price return of 5.5% for the Third Quarter of 2024. 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