November 2025 Scorecard
- catherine2042
- Dec 15
- 2 min read
Anchor Pacific’s November 2025 investment scorecard. See asset class performance, 3-year asset class risk and return, macro summary (key index levels and rates), and yield curves.
To download the complete Monthly Investment Scorecard, please click on the link below:
Summary of Returns
Month-over-Month
Positive returns for 16 of 20 asset classes
Top 3
Gold 5.37% | Canadian Equities 3.87% | US REITs 2.42%
Bottom 3
Emerging Markets Broad (1.22%) | Hedge Funds (0.09%) | Canadian IG Credit 0.10%
Canadian Markets
Equities 3.87% | Bonds 0.14% | IG Credit 0.10% | CAD 0.37%
Past 3 months
Positive returns for 18 of 20 asset classes
Top 3
Gold 21.95% | Canadian Equities 10.52% | US Large Cap Equities 6.24%
Bottom 3
Canadian Dollar (1.67%) | US REITs (0.03%) | US Inflation Protected Bonds 0.96%
Canadian Markets
Equities 10.52% | Bonds 3.01% | IG Credit 2.76% | CAD (1.67%)
Past 12 months
Positive returns for 19 of 20 asset classes
Top 3
Gold 57.94% | International Developed Equities (EAFE) 26.41% | Canadian Equities 25.68%
Bottom 3
US REITs (3.23%) | US Long Term Treasury Bonds 0.26% | Canadian Dollar 0.77%
Canadian Markets
Equities 25.68% | Bonds 3.34% | IG Credit 5.09% | CAD 0.77%
Macro Summary (Key Index Levels and Rates)
US Yields
10 year Government 4.02% (9 bps lower)
30 year Government 4.67% (0 bps lower)
Yield Curve (3m-10y) 14 bps (flatter by 8 bps)
High Yield spread 292 bps (tighter by 2 bps)
Volatility (VIX): 16.35 ( (6.25%) M-O-M, 6.45% from 3 months ago)
Oil: $58.55 ( (3.98%) M-O-M, (8.53%) from 3 months ago)
Gold: $4,254.90 (6.47% M-O-M, 21.15% from 3 months ago)
USD / EURO: € 0.86 (Euro stronger by 0.52% M-O-M, weaker by 0.77% from 3 months ago)
USD / Yen: ¥156.18 (Yen weaker by 1.41% M-O-M, weaker by 6.21% from 3 months ago)
*Information above is from 2025.11 Investment Scorecard
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