Below is a look at our asset class performance matrix showing the total return of a number of key ETFs across equities, fixed income, commodities, and currencies. For each ETF, we show its total return over the last week, in February, and year-to-date.

Outside of the US, every country ETF fell more than 1% in February.China (ASHR), Germany (EWG), and Spain (EWP) fell the most with drops of more than 7%, while Russia (RSX) and Brazil (EWZ) were down the least.Year-to-date, Brazil (EWZ) is the best performing ETF in the entire matrix with a gain of 12.44%.

Commodity ETFs in our matrix all fell in February too, with natural gas (UNG) down the most at -11.24%. And even though the drop in Treasuries (rise in interest rates) dominated the headlines during the month, Treasury ETFs were still some of the best performers compared to other asset classes.