{"id":6909,"date":"2025-10-07T14:43:14","date_gmt":"2025-10-07T19:43:14","guid":{"rendered":"https:\/\/schenkelberg.investments\/?p=6909"},"modified":"2025-10-07T14:43:33","modified_gmt":"2025-10-07T19:43:33","slug":"u-s-versus-international-u-s-versus-international","status":"publish","type":"post","link":"https:\/\/schenkelberg.investments\/?p=6909","title":{"rendered":"U.S. Versus International\/U.S. Versus International"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"548\" height=\"304\" data-attachment-id=\"6910\" data-permalink=\"https:\/\/schenkelberg.investments\/?attachment_id=6910\" data-orig-file=\"https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2025\/10\/image-4.png?fit=548%2C304&amp;ssl=1\" data-orig-size=\"548,304\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"image\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2025\/10\/image-4.png?fit=300%2C166&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2025\/10\/image-4.png?fit=548%2C304&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2025\/10\/image-4.png?resize=548%2C304&#038;ssl=1\" alt=\"\" class=\"wp-image-6910\" srcset=\"https:\/\/schenkelberg.investments\/wp-content\/uploads\/2025\/10\/image-4.png 548w, https:\/\/schenkelberg.investments\/wp-content\/uploads\/2025\/10\/image-4-480x266.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 548px, 100vw\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p><em>Performance Source: Koyfin.com Price Return<\/em><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>U.S. Versus <a><\/a><a><\/a><a>International<\/a><\/strong><\/p>\n\n\n\n<p><a><\/a><a>The S&amp;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 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 Third Quarter of 2025 was 6.9%.<\/a><\/p>\n\n\n\n<p>The U.S. Federal Reserve Federal Open Market Committee lowered benchmark interest rates 0.25% to a range of 4 to 4.25%. Furthermore, the committee indicated the possibility of two more interest rate cuts by the end of the year. International targets remained stable for the quarter after dropping earlier this year. Lowering of the U.S. target rate should decrease borrowing costs for individuals and corporations, thus helping economic growth.<\/p>\n\n\n\n<p>More positive economic prospects for the U.S. can have the effect of rising economic prospects across the globe. Greater prospects for U.S. growth are likely to benefit smaller U.S.- based companies more than larger ones, thus prompting outperformance in the smaller company based Russell 2000 Index, up 12.2% for the quarter.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>&nbsp;<\/strong><\/h2>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>U.S. Sectors<\/strong><\/h2>\n\n\n\n<p><a><\/a><a><\/a><a>Top performing U.S. S&amp;P 500 sectors as reported by Koyfin for the Third Quarter of 2025 include Technology (12.5%), Communications (10.3%) and Consumer Discretionary (9.8%). Laggards for the Third Quarter include Real Estate (1.9%), Consumer Staples (1.9%) and Health Care (2.8%).<\/a><\/p>\n\n\n\n<p>Stocks that can benefit from growth took center stage again in the third quarter. These stocks benefit from a more muted tariff threat environment and dropping of U.S. interest rates.&nbsp; Technology stocks continue to report strong earnings and revenue growth. There does not appear to be a significant pullback in consumer spending despite a weakening employment environment.<\/p>\n\n\n\n<p>Health Care and Consumer Staples stocks are typically more defensive in nature and have steady performance regardless of economic conditions. When prospects for greater than expected growth come into play these sectors are typically laggards.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Performance Source: Koyfin.com Price Return U.S. Versus International The S&amp;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 as measured by the iShares [&hellip;]<\/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":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[119,123],"tags":[],"class_list":["post-6909","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-1Nr","jetpack-related-posts":[{"id":6932,"url":"https:\/\/schenkelberg.investments\/?p=6932","url_meta":{"origin":6909,"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. 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 &quot;Market Commentary&quot;","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":6784,"url":"https:\/\/schenkelberg.investments\/?p=6784","url_meta":{"origin":6909,"position":1},"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":6765,"url":"https:\/\/schenkelberg.investments\/?p=6765","url_meta":{"origin":6909,"position":2},"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 &quot;Market Commentary&quot;","block_context":{"text":"Market Commentary","link":"https:\/\/schenkelberg.investments\/?cat=119"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6528,"url":"https:\/\/schenkelberg.investments\/?p=6528","url_meta":{"origin":6909,"position":3},"title":"U.S. Stocks Dominate","author":"J.J. Schenkelberg, CFA","date":"October 12, 2020","format":false,"excerpt":"Last quarter we discussed how the largest stocks in the Standard & Poor\u2019s 500 Index are dominating stock market returns, helping drive S&P 500 returns versus stocks in the rest of the index and other major indices. Apple and Amazon continued to outperform in the third quarter with total returns\u2026","rel":"","context":"In &quot;Market Commentary&quot;","block_context":{"text":"Market Commentary","link":"https:\/\/schenkelberg.investments\/?cat=119"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2020\/10\/International-v.-u.s.-093020.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2020\/10\/International-v.-u.s.-093020.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2020\/10\/International-v.-u.s.-093020.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2020\/10\/International-v.-u.s.-093020.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2020\/10\/International-v.-u.s.-093020.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/schenkelberg.investments\/wp-content\/uploads\/2020\/10\/International-v.-u.s.-093020.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":6894,"url":"https:\/\/schenkelberg.investments\/?p=6894","url_meta":{"origin":6909,"position":4},"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 &quot;Market Commentary&quot;","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":6496,"url":"https:\/\/schenkelberg.investments\/?p=6496","url_meta":{"origin":6909,"position":5},"title":"Market Performance Update &#8211; 4Q 2019","author":"J.J. Schenkelberg, CFA","date":"January 14, 2020","format":false,"excerpt":"U.S. Versus International The S&P 500, an index of large U.S. companies, posted a total return of 10.7% for the Fourth Quarter of 2019, and 29.7 % for the full year. U.S. stocks outperformed international for the quarter as measured by the Morgan Stanley Composite Index EAFE, a representation of\u2026","rel":"","context":"In &quot;Market Commentary&quot;","block_context":{"text":"Market Commentary","link":"https:\/\/schenkelberg.investments\/?cat=119"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/schenkelberg.investments\/index.php?rest_route=\/wp\/v2\/posts\/6909","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/schenkelberg.investments\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/schenkelberg.investments\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/schenkelberg.investments\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/schenkelberg.investments\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6909"}],"version-history":[{"count":1,"href":"https:\/\/schenkelberg.investments\/index.php?rest_route=\/wp\/v2\/posts\/6909\/revisions"}],"predecessor-version":[{"id":6911,"href":"https:\/\/schenkelberg.investments\/index.php?rest_route=\/wp\/v2\/posts\/6909\/revisions\/6911"}],"wp:attachment":[{"href":"https:\/\/schenkelberg.investments\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6909"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/schenkelberg.investments\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6909"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/schenkelberg.investments\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6909"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}