International equities are beating U.S. stocks in ‘rare’ outperformance. Should you lighten up on non-U.S. equities?

U.S. stocks are lagging international equities over the past year, an unusual occurrence within a longer-term stretch where the S&P 500 index has trounced the rest of the world, according to DataTrek Research. 

“It is rare to see international stocks beat the S&P over a 1 year holding period,” wrote Nicholas Colas, co-founder of DataTrek, in a note emailed Tuesday. “We think lightening up on non-U.S. stocks makes sense here.”

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