Not exact matches
The top three
assets are
non-US developed market
stocks, US small cap
stocks, and emerging market
stocks, which come in at correlations to the S&P 500 of 0.89, 0.88, and 0.82 respectively.
That article described the risk - adjusted performance of building a multi-
asset portfolio that utilized seven
asset classes: US large
stock, US small
stock,
non-US stock, real estate, commodities, US bonds, and cash.
The 7 core
asset classes include US
stocks,
non-US stocks, real estate, resources, US bonds,
non-US bonds, and cash.