Q1 2025 Schwab Intelligent Portfolios & Market Performance¹
April 25, 2025
Global portfolios outpaced U.S. models while Income portfolios with higher allocations to U.S. and international high dividend stocks benefitted from value-oriented stocks.

How did Financial Markets do?
Figure 1: Market performance (ranked by Q1 2025 total return)
Asset class | Q1 2025 [Index Total Returns (%)] | 1-Year [Index Total Returns (%)] | 3-Year (annualized) [Index Total Returns (%)] |
---|---|---|---|
High-yield bonds | 0.860 | 7.218 | 4.576 |
U.S. treasuries | 2.929 | 5.452 | 1.479 |
Emerging markets bonds | 3.453 | 4.107 | 1.602 |
Treasury Inflation-Protected Securities (TIPS) | 4.165 | 6.167 | 0.061 |
Emerging markets stocks | 2.928 | 8.091 | 1.443 |
Investment-grade corporate bonds | 2.363 | 4.869 | 1.128 |
U.S. large cap stocks | -4.272 | 8.252 | 9.064 |
International small cap stocks | 3.688 | 3.098 | 0.882 |
Securitized bonds | 3.273 | 5.369 | 0.537 |
Municipal bonds | -0.222 | 1.220 | 1.528 |
International large cap stocks | 6.864 | 4.882 | 6.053 |
U.S. small cap stocks | -9.479 | -4.007 | 0.522 |
U.S. real estate investment trusts (REITs) | 0.944 | 9.859 | -0.634 |