SynopsisWelcome to TrendMap, your quick guide to the performance of different investment segments. In this edition, we present a 10-year performance tracker of various asset classes. The annual returns are ranked across multiple asset classes, including equity, debt, and precious metals. This map shows that no single asset class reigns supreme. Hence, diversification helps. By Sameer Bhardwaj.Silver emerged as the laggard in 2026 so far. Following an extraordinary 169% rally in 2025, the metal came under pressure from profit booking, expectations of higher real interest rates, and volatility.Metals and midcaps rule the decadeAfter a sharp correction in late 2025 and early 2026, small-cap stocks staged a strong recovery as earnings prospects improved and valuations turned reasonable. The segment also benefited from a better risk-reward equation following the sell-off. However, the rebound was far from broad-based, with gains concentrated in a relatively small group of stocks rather than being evenly distributed across the universe. Gold continued to serve as an effective portfolio hedge despite heightened volatility. The metal drew support from recurring geopolitical tensions in West Asia, sustained central bank purchases, and concerns surrounding inflation and currency stability. Mid-cap stocks, meanwhile, benefited from a stable interest-rate environment and improving domestic demand, though returns remained moderate.The 10-year gilt index delivered positive returns but significantly underperformed short-term debt instruments. Rising bond yields and concerns over inflation weighed on long-duration bonds, while higher accrual income helped short-term debt generate superior returns.Silver emerged as the laggard in 2026 so far. Following an extraordinary 169% rally in 2025, the metal came under pressure from profit booking, expectations of higher real interest rates, and volatility across precious metals. Although long-term industrial demand linked to clean energy and technology remains supportive, silver witnessed a sharp correction from its previous highs.