Learn what financial instruments are, explore major types and asset classes, and understand how they work in investing, trading, and portfolio construction.
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An investor’s guide to asset classes

Before you make your first investments, it's essential to ensure you have a clear understanding of the different asset ...
Global markets endured a volatile run in 2025, but when the last trades closed on Dec. 31, all the major asset classes posted gains for the year, based on a set of ETFs. Stocks in emerging markets ...
Reprinted from the Journal of Portfolio Management, Winter 1992, pp. 7-19. This copyrighted material has been reprinted with permission from The Journal of Portfolio Management. It is widely agreed ...
US stocks topped returns for the major asset classes in October, regaining the leadership position for the first time in five months, based on a set of ETFs. For year-to-date results, foreign stocks ...