{"id":6894,"date":"2025-07-10T17:45:48","date_gmt":"2025-07-10T22:45:48","guid":{"rendered":"https:\/\/schenkelberg.investments\/?p=6894"},"modified":"2025-07-10T17:45:51","modified_gmt":"2025-07-10T22:45:51","slug":"u-s-vs-international-u-s-sectors","status":"publish","type":"post","link":"https:\/\/schenkelberg.investments\/?p=6894","title":{"rendered":"U.S. vs International\/U.S. Sectors"},"content":{"rendered":"\n
\"\"<\/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 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 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 Second Quarter of 2025 was 11.5%.<\/a><\/p>\n\n\n\n

International stocks outperformed U.S. stocks for the second quarter in a row. The two biggest factors driving international returns include price-to- earning ratio expansion and currency effects. Investors have been seeking out stocks with relatively lower prices. On January 1, 2025, the Europzone Price to Earnings(P\/E) Ratio was 12.9x versus the U.S. multiple of 21.5x.  The current Eurozone P\/E Ratio according to J.P. Morgan is 14.3x.<\/p>\n\n\n\n

The U.S. Dollar has been falling versus major international currencies year-to-date. When the value of the U.S. Dollar falls, shares in International stocks that are priced in the U.S. Dollar are inherently worth more. <\/p>\n\n\n\n

 <\/strong><\/h2>\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 Second Quarter of 2025 include Technology (22.8%), Industrials (12.9%) and Communications (12.8%). Laggards for the Second Quarter include Energy (-8.5%), Health Care (-7.2%) and Consumer Staples (-0.2%).<\/a><\/p>\n\n\n\n

Stocks that can benefit from growth took center stage again in the second quarter. A backdown in tariff activity helped revalue stocks up to their pre-tariff talk levels. Technology stocks, in particular, led the rally once again. Industrials and Communications stocks stand to benefit from greater expansion.<\/p>\n\n\n\n

Energy, Health Care and Consumer stocks were leading performers in the first quarter. The second quarter brought a swift reversal of those gains. These stocks are typically more defensive in nature and have steady performance regardless of economic conditions.<\/p>\n","protected":false},"excerpt":{"rendered":"

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 the quarter as measured by […]<\/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,"enabled":false},"version":2}},"categories":[119,123],"tags":[],"class_list":["post-6894","post","type-post","status-publish","format-standard","hentry","category-market-commentary","category-market-performance"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p7kXxe-1Nc","jetpack-related-posts":[{"id":6932,"url":"https:\/\/schenkelberg.investments\/?p=6932","url_meta":{"origin":6894,"position":0},"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. 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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":6921,"url":"https:\/\/schenkelberg.investments\/?p=6921","url_meta":{"origin":6894,"position":2},"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":6894,"position":3},"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. Large U.S. stocks underperformed\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6909,"url":"https:\/\/schenkelberg.investments\/?p=6909","url_meta":{"origin":6894,"position":4},"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. 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