I think you're asking the wrong question.
"Which of these assets is lagging the most?"
My answer: Who cares?
The question to ask, IMO, is "Which of these assets should I invest in?"
The answer to that question depends on a number of things, but it's very likely that "this asset is lagging" is a very minor one of those considerations, at most.
Thank you for stoping by Arebelspy!
When I decided to ask this question and set the poll, it was more for curiosity purpose than changing my investing pattern or A.A.
I am a DIY low cost index investor for 5 years now. My first goal is to invest in assets with a high return potential on the long term, keep fees as low as possible, maximise taxes and only buy few liquid assets. For this reason, I would not keep more than 1 year of living expenses in cash or cash equivalent, dont buy gold or commodities (both for their long term potential and high MER ETF). Bonds and real estate are fragile due to low interest rates having no way but going up...someday.
Our family debt/assets ratio is kept in the 20% range on purpose (HELOC @ 2.05%) allowing us to have a better cashflow and lower taxes. That being said, low cost broad stock indexes spread through US, Intl. and Canada (home bias) are about the only investments that fit for us. Before buying any bonds, I would just lower our debt.
Seeking for low volatility never been a consideration. We went through many downturns since 1998 (very good timing to start investing!!). We are in our mid 40s and have plenty of time ahead to handle the markets bumps.
So, wich assets do you think I should invest in?