In earlier posts we looked at the annual return charts for S&P 500 sectors, emerging markets and asset classes. Let’s wrap up the review with the final chart from Novel Investor for developed markets excluding the US. In 2023, Italy was the best performer followed by Spain and Denmark based on MSCI total returns for the year. The Danish market was highly boosted by the astonishing growth in drug-maker Novo Nordisk(NVO) with their weight-loss drug.

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Source: Novel Investor

Callan has released the latest edition of The Periodic Table of Investment Returns chart. The 2023 chart shows the annual returns of key indices from 2004 to 2023 in order of performance for each year. Last year US large caps as denoted by the S&P 500 was the top performer with a return of over 26%. Developed markets excluding the US underperformed relative to the S&P 500 but still grew by nearly 18%. The worst performer was cash with a decent return of over 5%.

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Source: Callan

Download Callan 2023 chart in pdf format:

• The Callan Periodic Table of Investment Returns 2004 To 2023 (pdf)

Related ETFs:

• SPDR S&P 500 ETF (SPY)
• Vanguard Developed Markets Index Fund ETF(VEA)
• Vanguard MSCI Emerging Markets ETF (VWO)
• iShares MSCI Emerging Markets ETF (EEM)
• Vanguard Total Bond Market ETF (BND)

Disclosure: No positions

I recently came across an fascinating infographic showing the requirements for a Russian Cosmonaut. In addition to the physical requirements the education and applied skills are tough. It would be interesting to compare this with NASA’s requirements for an astronaut.

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Source: Sputnik