{"id":4007,"date":"2025-09-05T15:57:08","date_gmt":"2025-09-05T15:57:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/4007\/"},"modified":"2025-09-05T15:57:08","modified_gmt":"2025-09-05T15:57:08","slug":"why-im-not-losing-sleep-as-the-u-s-stock-market-underperforms-the-rest-of-the-world-%f0%9f%8c%8e","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/4007\/","title":{"rendered":"Why I&#8217;m not losing sleep as the U.S. stock market underperforms the rest of the world \ud83c\udf0e"},"content":{"rendered":"<p>After <a href=\"https:\/\/www.tker.co\/p\/us-vs-non-us-stocks-performance-earnings\" rel=\"nofollow noopener\" target=\"_blank\">years of outperforming<\/a> the rest of the world, the U.S. stock market has been underperforming in 2025.<\/p>\n<p>\u201cImpressive as YTD U.S. equity returns are, many international equity markets have outpaced the U.S. this year,\u201d Benedek V\u00f6r\u00f6s of S&amp;P Dow Jones Indices wrote on Thursday. \u201cThe S&amp;P World ex-U.S. Index is up 22%, and with rich grounds for single stock picking: 71% of non-U.S. stocks in that index are currently beating the U.S. segment of the World benchmark.\u201c <\/p>\n<p><a target=\"_blank\" href=\"https:\/\/substackcdn.com\/image\/fetch\/$s_!Wm9W!,f_auto,q_auto:good,fl_progressive:steep\/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5291da5c-eb80-4282-9da1-8844f3cf09b6_841x672.png\" data-component-name=\"Image2ToDOM\" rel=\"nofollow noopener\" class=\"image-link image2 is-viewable-img\"><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2025\/09\/https:\/\/substack-post-media.s3.amazonaws.com\/public\/images\/5291da5c-eb80-4282-9da1-8844f3cf09b6_841x.png\" width=\"841\" height=\"672\" data-attrs=\"{&quot;src&quot;:&quot;https:\/\/substack-post-media.s3.amazonaws.com\/public\/images\/5291da5c-eb80-4282-9da1-8844f3cf09b6_841x672.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:672,&quot;width&quot;:841,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:204739,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image\/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:&quot;https:\/\/www.tker.co\/i\/172773966?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5291da5c-eb80-4282-9da1-8844f3cf09b6_841x672.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}\" alt=\"\"   fetchpriority=\"high\" class=\"sizing-normal\"\/><\/a>The S&amp;P 500 has been underperforming the rest of the world. (Source: S&amp;P Dow Jones Indices)<\/p>\n<p>Bespoke Investment Group analysts <a href=\"https:\/\/bespokeinvest.substack.com\/p\/country-stock-market-performance\" rel=\"nofollow noopener\" target=\"_blank\">compiled<\/a> the performance of various country stock market ETFs since President Trump\u2019s inauguration on January 20 and the April 8 low, when markets were grappling with his introduction of sweeping tariffs. The U.S. has been a laggard on both counts.<\/p>\n<p><a target=\"_blank\" href=\"https:\/\/substackcdn.com\/image\/fetch\/$s_!B6qe!,f_auto,q_auto:good,fl_progressive:steep\/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F271527ae-64ef-45d7-a634-3e22ab37bfbd_711x573.png\" data-component-name=\"Image2ToDOM\" rel=\"nofollow noopener\" class=\"image-link image2 is-viewable-img\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2025\/09\/https:\/\/substack-post-media.s3.amazonaws.com\/public\/images\/271527ae-64ef-45d7-a634-3e22ab37bfbd_711x.jpeg\" width=\"711\" height=\"573\" data-attrs=\"{&quot;src&quot;:&quot;https:\/\/substack-post-media.s3.amazonaws.com\/public\/images\/271527ae-64ef-45d7-a634-3e22ab37bfbd_711x573.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:573,&quot;width&quot;:711,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:null,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:null,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https:\/\/www.tker.co\/i\/172773966?img=https%3A%2F%2Fsubstackcdn.com%2Fimage%2Ffetch%2F%24s_%21B6qe%21%2Cf_auto%2Cq_auto%3Agood%2Cfl_progressive%3Asteep%2Fhttps%253A%252F%252Fsubstack-post-media.s3.amazonaws.com%252Fpublic%252Fimages%252F271527ae-64ef-45d7-a634-3e22ab37bfbd_711x573.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}\" alt=\"\"   class=\"sizing-normal\"\/><\/a> Most countries\u2019 stock markets have outperformed the U.S. (Source: <a href=\"https:\/\/bespokeinvest.substack.com\/p\/country-stock-market-performance\" rel=\"nofollow noopener\" target=\"_blank\">Bespoke<\/a>)<\/p>\n<p>This development might bother people like me who are overweight U.S. equities through S&amp;P 500 index funds.<\/p>\n<p>But I\u2019m not losing sleep over this for a couple of reasons.<\/p>\n","protected":false},"excerpt":{"rendered":"After years of outperforming the rest of the world, the U.S. stock market has been underperforming in 2025.&hellip;\n","protected":false},"author":2,"featured_media":4008,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[138,220,111,139,69],"class_list":{"0":"post-4007","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-markets","10":"tag-new-zealand","11":"tag-newzealand","12":"tag-nz"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/4007","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=4007"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/4007\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/4008"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=4007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=4007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=4007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}