
DECEMBER 3, 2025
Global ETF equity outlook: Here's where market leadership could shift in 2026 (hint, likely not the US)
After years of US mega-cap dominance, global equity markets are changing course. Correlations have fallen, monetary policies are diverging, and regional drivers are reshaping returns. This analysis explores what’s behind these shifts, the opportunities we believe are likely to emerge, and why we believe global diversification deserves a fresh look in 2026.





