Foreign stocks are still outperforming U.S. equities

Jan. 2025–Jan. 2026

The line chart shows the performance of the S&P 500, the MSCI EAFE and MSCI EM from Jan. 2025 through Jan. 2026.

(Please use a modern browser to see the interactive version of this visualization)

Source: FactSet
Closing price as of Jan. 27, 2026