Weekly Market UpdateWeek of Sep 11, 2026Sep 8, 2026
Momentum Leads as Individual Stocks Break Away
The S&P 500 was little changed to start September, but the quiet index return masked much larger moves beneath the surface.
Cross-asset performance
Total returns across the same market exposures and horizons, shown side by side.
Tip: click any ticker to analyze it.
Sorted by YTD return · strongest to weakest
| Exposure | WTD | MTD | QTD | YTD | 1Y | 3Y Ann. | 5Y Ann. | 10Y Ann. |
|---|---|---|---|---|---|---|---|---|
| Broad commoditiesDBC | Broad commodities, Week to date: up 1.6 percent | Broad commodities, Month to date: up 3.5 percent | Broad commodities, Quarter to date: up 21.5 percent | Broad commodities, Year to date: up 44.9 percent | Broad commodities, 1 year: up 52.0 percent | Broad commodities, 3 years annualised, annualised: up 13.9 percent | Broad commodities, 5 years annualised, annualised: up 14.0 percent | Broad commodities, 10 years annualised, annualised: up 10.3 percent |
| Emerging marketsEEM | Emerging markets, Week to date: up 0.2 percent | Emerging markets, Month to date: up 2.7 percent | Emerging markets, Quarter to date: up 0.6 percent | Emerging markets, Year to date: up 26.5 percent | Emerging markets, 1 year: up 39.1 percent | Emerging markets, 3 years annualised, annualised: up 24.1 percent | Emerging markets, 5 years annualised, annualised: up 7.8 percent | Emerging markets, 10 years annualised, annualised: up 8.6 percent |
| U.S. small companiesIJR | U.S. small companies, Week to date: down 0.8 percent | U.S. small companies, Month to date: down 0.2 percent | U.S. small companies, Quarter to date: down 2.7 percent | U.S. small companies, Year to date: up 20.6 percent | U.S. small companies, 1 year: up 22.7 percent | U.S. small companies, 3 years annualised, annualised: up 15.8 percent | U.S. small companies, 5 years annualised, annualised: up 6.8 percent | U.S. small companies, 10 years annualised, annualised: up 10.3 percent |
| International developedEFA | International developed, Week to date: down 0.5 percent | International developed, Month to date: up 0.3 percent | International developed, Quarter to date: up 3.7 percent | International developed, Year to date: up 14.0 percent | International developed, 1 year: up 21.4 percent | International developed, 3 years annualised, annualised: up 18.9 percent | International developed, 5 years annualised, annualised: up 9.0 percent | International developed, 10 years annualised, annualised: up 9.3 percent |
| U.S. equitiesIVV | U.S. equities, Week to date: down 0.6 percent | U.S. equities, Month to date: down 0.2 percent | U.S. equities, Quarter to date: up 2.7 percent | U.S. equities, Year to date: up 12.9 percent | U.S. equities, 1 year: up 19.7 percent | U.S. equities, 3 years annualised, annualised: up 21.4 percent | U.S. equities, 5 years annualised, annualised: up 12.6 percent | U.S. equities, 10 years annualised, annualised: up 15.3 percent |
| Real estateVNQ | Real estate, Week to date: down 0.1 percent | Real estate, Month to date: down 0.5 percent | Real estate, Quarter to date: down 0.5 percent | Real estate, Year to date: up 10.5 percent | Real estate, 1 year: up 7.8 percent | Real estate, 3 years annualised, annualised: up 9.8 percent | Real estate, 5 years annualised, annualised: up 0.9 percent | Real estate, 10 years annualised, annualised: up 4.8 percent |
| High-yield creditHYG | High-yield credit, Week to date: down 0.1 percent | High-yield credit, Month to date: down 0.3 percent | High-yield credit, Quarter to date: up 0.4 percent | High-yield credit, Year to date: up 2.1 percent | High-yield credit, 1 year: up 3.8 percent | High-yield credit, 3 years annualised, annualised: up 8.2 percent | High-yield credit, 5 years annualised, annualised: up 3.6 percent | High-yield credit, 10 years annualised, annualised: up 4.5 percent |
| GoldGLD | Gold, Week to date: down 1.7 percent | Gold, Month to date: down 2.1 percent | Gold, Quarter to date: up 8.5 percent | Gold, Year to date: up 0.9 percent | Gold, 1 year: up 20.7 percent | Gold, 3 years annualised, annualised: up 30.9 percent | Gold, 5 years annualised, annualised: up 18.5 percent | Gold, 10 years annualised, annualised: up 12.2 percent |
| U.S. aggregate bondsAGG | U.S. aggregate bonds, Week to date: down 0.1 percent | U.S. aggregate bonds, Month to date: down 0.2 percent | U.S. aggregate bonds, Quarter to date: down 1.1 percent | U.S. aggregate bonds, Year to date: down 0.4 percent | U.S. aggregate bonds, 1 year: up 0.7 percent | U.S. aggregate bonds, 3 years annualised, annualised: up 4.3 percent | U.S. aggregate bonds, 5 years annualised, annualised: down 0.3 percent | U.S. aggregate bonds, 10 years annualised, annualised: up 1.4 percent |
| Investment-grade creditLQD | Investment-grade credit, Week to date: up 0.0 percent | Investment-grade credit, Month to date: down 0.3 percent | Investment-grade credit, Quarter to date: down 2.1 percent | Investment-grade credit, Year to date: down 1.3 percent | Investment-grade credit, 1 year: down 0.7 percent | Investment-grade credit, 3 years annualised, annualised: up 4.9 percent | Investment-grade credit, 5 years annualised, annualised: down 0.9 percent | Investment-grade credit, 10 years annualised, annualised: up 2.0 percent |
| Long-duration TreasuriesTLT | Long-duration Treasuries, Week to date: down 0.0 percent | Long-duration Treasuries, Month to date: down 0.0 percent | Long-duration Treasuries, Quarter to date: down 3.8 percent | Long-duration Treasuries, Year to date: down 2.8 percent | Long-duration Treasuries, 1 year: down 2.9 percent | Long-duration Treasuries, 3 years annualised, annualised: down 0.4 percent | Long-duration Treasuries, 5 years annualised, annualised: down 7.9 percent | Long-duration Treasuries, 10 years annualised, annualised: down 2.4 percent |
Total return, from adjusted closes. Data through Sep 8, 2026. — unavailable · 3Y/5Y/10Y annualised; shorter horizons cumulative.
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Investment styles
Total returns across key factor and style exposures, shown side by side.
Sorted by YTD return · strongest to weakest
| Exposure | WTD | MTD | QTD | YTD | 1Y | 3Y Ann. | 5Y Ann. | 10Y Ann. |
|---|---|---|---|---|---|---|---|---|
| MomentumMTUM | Momentum, Week to date: up 1.3 percent | Momentum, Month to date: up 2.8 percent | Momentum, Quarter to date: down 10.0 percent | Momentum, Year to date: up 23.6 percent | Momentum, 1 year: up 27.3 percent | Momentum, 3 years annualised, annualised: up 29.4 percent | Momentum, 5 years annualised, annualised: up 12.3 percent | Momentum, 10 years annualised, annualised: up 16.1 percent |
| Small GrowthIJT | Small Growth, Week to date: down 0.5 percent | Small Growth, Month to date: down 0.1 percent | Small Growth, Quarter to date: down 5.1 percent | Small Growth, Year to date: up 20.5 percent | Small Growth, 1 year: up 20.9 percent | Small Growth, 3 years annualised, annualised: up 15.5 percent | Small Growth, 5 years annualised, annualised: up 5.5 percent | Small Growth, 10 years annualised, annualised: up 10.4 percent |
| Small ValueIJS | Small Value, Week to date: down 1.1 percent | Small Value, Month to date: down 0.4 percent | Small Value, Quarter to date: down 0.4 percent | Small Value, Year to date: up 20.3 percent | Small Value, 1 year: up 24.3 percent | Small Value, 3 years annualised, annualised: up 15.7 percent | Small Value, 5 years annualised, annualised: up 7.6 percent | Small Value, 10 years annualised, annualised: up 9.7 percent |
| Mid GrowthIJK | Mid Growth, Week to date: down 0.4 percent | Mid Growth, Month to date: down 0.1 percent | Mid Growth, Quarter to date: down 3.8 percent | Mid Growth, Year to date: up 16.9 percent | Mid Growth, 1 year: up 17.6 percent | Mid Growth, 3 years annualised, annualised: up 15.9 percent | Mid Growth, 5 years annualised, annualised: up 7.2 percent | Mid Growth, 10 years annualised, annualised: up 10.7 percent |
| Equal WeightRSP | Equal Weight, Week to date: down 1.0 percent | Equal Weight, Month to date: down 1.2 percent | Equal Weight, Quarter to date: up 1.9 percent | Equal Weight, Year to date: up 14.1 percent | Equal Weight, 1 year: up 16.9 percent | Equal Weight, 3 years annualised, annualised: up 15.5 percent | Equal Weight, 5 years annualised, annualised: up 8.5 percent | Equal Weight, 10 years annualised, annualised: up 11.8 percent |
| Large GrowthIVW | Large Growth, Week to date: down 0.5 percent | Large Growth, Month to date: up 0.2 percent | Large Growth, Quarter to date: up 1.7 percent | Large Growth, Year to date: up 13.6 percent | Large Growth, 1 year: up 21.0 percent | Large Growth, 3 years annualised, annualised: up 25.9 percent | Large Growth, 5 years annualised, annualised: up 12.8 percent | Large Growth, 10 years annualised, annualised: up 17.5 percent |
| Mid ValueIJJ | Mid Value, Week to date: down 0.9 percent | Mid Value, Month to date: up 0.2 percent | Mid Value, Quarter to date: down 0.6 percent | Mid Value, Year to date: up 12.3 percent | Mid Value, 1 year: up 13.2 percent | Mid Value, 3 years annualised, annualised: up 14.0 percent | Mid Value, 5 years annualised, annualised: up 8.4 percent | Mid Value, 10 years annualised, annualised: up 10.1 percent |
| Large ValueIVE | Large Value, Week to date: down 0.6 percent | Large Value, Month to date: down 0.5 percent | Large Value, Quarter to date: up 3.7 percent | Large Value, Year to date: up 11.9 percent | Large Value, 1 year: up 17.8 percent | Large Value, 3 years annualised, annualised: up 15.6 percent | Large Value, 5 years annualised, annualised: up 11.3 percent | Large Value, 10 years annualised, annualised: up 11.7 percent |
| QualityQUAL | Quality, Week to date: down 0.8 percent | Quality, Month to date: down 0.8 percent | Quality, Quarter to date: up 0.6 percent | Quality, Year to date: up 11.6 percent | Quality, 1 year: up 17.8 percent | Quality, 3 years annualised, annualised: up 18.4 percent | Quality, 5 years annualised, annualised: up 10.6 percent | Quality, 10 years annualised, annualised: up 14.1 percent |
| Minimum VolatilityUSMV | Minimum Volatility, Week to date: down 0.9 percent | Minimum Volatility, Month to date: down 1.6 percent | Minimum Volatility, Quarter to date: up 3.6 percent | Minimum Volatility, Year to date: up 6.9 percent | Minimum Volatility, 1 year: up 7.9 percent | Minimum Volatility, 3 years annualised, annualised: up 12.0 percent | Minimum Volatility, 5 years annualised, annualised: up 6.7 percent | Minimum Volatility, 10 years annualised, annualised: up 10.0 percent |
Total return, from adjusted closes. Data through Sep 8, 2026. — unavailable · 3Y/5Y/10Y annualised; shorter horizons cumulative.
Chart of the Week
Weekly asset class total returns
Broad commodities (DBC)+1.6%
Emerging markets (EEM)+0.2%
Investment-grade credit (LQD)+0.0%
Long-duration Treasuries (TLT)-0.0%
High-yield credit (HYG)-0.1%
Real estate (VNQ)-0.1%
U.S. aggregate bonds (AGG)-0.1%
International developed (EFA)-0.5%
U.S. equities (IVV)-0.6%
U.S. small companies (IJR)-0.8%
Gold (GLD)-1.7%
Ranked total returns across eleven core exposures for the week ending September 8, 2026. · Data through Sep 8, 2026
Additional detail
Per-issue detail
Stocks that stood out
Dell and Intel both gained more than 16% to start September while the S&P 500 was essentially unchanged.
Market focus: Momentum
Momentum (MTUM)
MTD +2.8% · YTD +23.6%
S&P 500 (SPY)
MTD -0.1% · YTD +12.9%
Momentum has continued to lead in September, outperforming the S&P 500 by nearly three percentage points through September 8.
Notes & methodology
All returns are computed from total-return adjusted closes through September 8, 2026. One investable ETF proxy is tracked per exposure, with IVV representing broad U.S. equities, and MTUM and SPY utilized for the momentum focus comparison.
Breadth measures cover 497 of 503 asserted S&P 500 constituents with active price histories (98.8% coverage). This update was produced with interactive artificial intelligence assistance under human editorial direction.
AI assistance. This issue was prepared with AI-assisted research and drafting and reviewed by TrendToWealth before publication.
Explore full cross-asset returns and screening on the Market Map.