Benchmark Returns

BenchmarkReturns as of 07/31/2022Month End YTD
as of
07/31/2022
Average Annual Total
Returns as of 07/31/2022
1 Month3 Month1 Year3 Year5 Year10 Year
Balanced Composite Index6.56%0.76%–11.37% –7.86%8.06%8.29%9.01%
Bloomberg 1 Year Municipal Index0.54%1.33%–0.70% –0.83%0.63%1.05%0.90%
Bloomberg 1-15 Year Municipal Index2.23%2.80% –4.72%–5.14%0.60%1.78%2.19%
Bloomberg 1-5 Year Municipal Index1.24%2.34%–2.48% –2.81%0.53%1.21%1.31%
Bloomberg CA Municipal Index2.82%2.93%–6.53% –6.78%0.34%1.82%2.69%
Bloomberg Commodity Index TR4.26%–5.55% 23.49%27.23%16.21%8.82%–1.03%
Bloomberg GA Credit Idx Hedged USD3.16%0.63%–10.08% –11.06%–0.56%1.68%2.73%
Bloomberg GA ex-USD FlAdjRIC Cp Hgd3.35%0.43% –6.99%–8.44%–1.43% 1.56%
Bloomberg MA Municipal Index2.51%2.51%–6.57% –6.93%0.25%1.65%2.27%
Bloomberg Municipal Bond Index2.64%2.46%–6.58% –6.93%0.43%1.88%2.49%
Bloomberg Municipal CA Intermed Idx2.55%3.76% –4.72%–5.22%0.28%1.50%2.22%
Bloomberg NJ Municipal Index2.97%2.98%–6.92% –7.32%1.03%3.08%3.05%
Bloomberg NY Municipal Index2.75%2.58%–6.92% –7.30%0.13%1.57%2.35%
Bloomberg OH Municipal Index2.76%2.38%–6.46% –6.92%0.45%1.81%2.60%
Bloomberg PA Municipal Index2.68%2.11%–6.88% –7.36%0.56%2.15%2.75%
Bloomberg US 0-5 Year TIPS Index1.82%0.72%0.40% 1.57%4.07%3.31%1.77%
Bloomberg US 1-5 Year Credit Index1.36%0.91%–4.05% –4.96%0.77%1.59%1.86%
Bloomberg US 1-5 Year Treasury Idx0.79%0.79%–3.43% –4.50%0.29%0.97%0.90%

BenchmarkReturns as of 07/31/2022Month End YTD
as of
07/31/2022
Average Annual Total
Returns as of 07/31/2022
1 Month3 Month1 Year3 Year5 Year10 Year
Bloomberg US 1-5 Yr Corporate Index1.51%0.97% –4.17%–5.05%0.86%1.69%2.04%
Bloomberg US 1-5 Yr Government Idx0.79%0.78%–3.43% –4.50%0.28%0.97%0.91%
Bloomberg US 10+ Year Corp Index4.81%1.29%–19.03% –19.79%–1.20%1.86%3.20%
Bloomberg US 5-10 Year Corp Index3.51%1.70%–9.89% –11.36%0.21%2.00%2.95%
Bloomberg US 5-10 Year Credit Index3.42%1.73% –9.67%–11.13%0.17%1.95% 2.82%
Bloomberg US 5-10 Yr Treasury Index2.53%2.32% –6.89%–8.66%0.02%1.33%1.34%
Bloomberg US Agg Float Adj Index2.35%1.35%–8.36% –9.33%–0.21%1.28%1.65%
Bloomberg US GNMA Index3.22%2.52%–4.91% –5.63%–0.51%0.87%1.22%
Bloomberg US Long Treasury Index2.67%–0.76% –19.15%–19.22%–2.13% 1.16%1.57%
Bloomberg US LongCredit A/Better Ix4.53%1.55% –18.24%–19.09%–1.46% 1.58%2.86%
Bloomberg US MBS Float Adj Index3.13%2.67%–5.64% –6.45%–0.48%0.91%1.40%
Bloomberg US Treas Bellwether:1Yr0.13%0.01%–0.71% –0.79%0.73%1.25%0.84%
Bloomberg US Trsy Inflat Prtcd Idx4.35%0.05%–4.96% –3.58%4.39%4.00%1.97%
Bloomberg US Universal Index2.51%1.02%–8.70% –9.56%–0.22%1.34%1.93%
Bloomberg USD EmergMkt GovRIC CapIx3.43%–2.58% –17.06%–18.03%–4.11% –0.46%
CA Tax-Exempt Money Mkt Funds Avg0.04%0.11%0.12% 0.14%0.26%0.47%0.26%
Communication Services Spliced Idx3.68%–4.36% –27.79%–31.94%3.85%2.30% 5.91%
Conservative Growth Composite Index4.43%0.02% –10.30%–9.26%3.80%4.63% 5.57%

BenchmarkReturns as of 07/31/2022Month End YTD
as of
07/31/2022
Average Annual Total
Returns as of 07/31/2022
1 Month3 Month1 Year3 Year5 Year10 Year
Consumer Discretionary Spliced Idx18.11%–0.37% –20.83%–13.77%15.59%14.82% 16.19%
CRSP US Total Market Index9.40%–0.02% –13.98%–7.74%12.44%12.12% 13.43%
Dividend Growth Spliced Index6.82%0.01%–9.92% –2.22%11.28%12.57%12.56%
FTSE All-World ex US Index3.43%–4.88% –15.30%–14.82%3.50%2.85% 5.45%
FTSE All-World Index6.85%–1.94% –14.32%–10.15%8.88%8.19% 9.75%
FTSE AW ex US High Div Yield Idx1.67%–6.12% –9.46%–7.22%3.99%2.66%4.98%
FTSE Emerging Index–0.83%–6.10% –15.69%–16.65%1.56%1.92% 3.33%
FTSE Global All Cap Index Hdg.7.13%–0.93% –11.49%–6.46%10.11%9.56% 11.22%
FTSE Global Small-Cap ex US Index5.59%–6.42% –18.92%–18.81%3.92%1.98% 5.72%
FTSE High Dividend Yield Index4.63%–0.25% –3.69%4.14%10.04%9.48%11.52%
Global Wellesley Income Comp Index3.10%–0.52% –8.25%–7.21%2.48%
Global Wellington Composite Index6.13%–0.59% –12.35%–9.47%6.36%
Growth Composite Index6.21%–1.22% –12.93%–9.92%7.62%7.44% 9.05%
High-Yield Corporate Composite Idx5.78%–0.37% –8.42%–7.43%2.13%3.21%4.63%
iMoneyNet MFR Treasury Funds Avg0.09%0.16%0.18% 0.18%0.34%0.72%0.38%
Income Composite Index3.54%0.58%–9.08% –9.10%1.68%3.05%3.73%
Information Technology Spliced Idx13.34%0.98% –18.84%–9.41%20.50%21.71% 19.80%
JP Morgan EMBI Global Diversified2.89%–3.48% –18.01%–19.28%–4.70% –0.79%2.13%

BenchmarkReturns as of 07/31/2022Month End YTD
as of
07/31/2022
Average Annual Total
Returns as of 07/31/2022
1 Month3 Month1 Year3 Year5 Year10 Year
Managed Allocation Composite Index5.41%–0.90% –10.22%–7.94%6.62%6.43% 6.86%
Moderate Growth Composite Index5.32%–0.58% –11.58%–9.54%5.79%6.09% 7.35%
MSCI AC World Growth ex US5.50%–3.92% –20.65%–20.51%3.52%3.83% 6.08%
MSCI AC World Index ex USA Net3.42%–4.80% –15.63%–15.26%2.91%2.45% 5.04%
MSCI AC World Index Net6.98%–1.92% –14.61%–10.48%8.52%7.86% 9.35%
MSCI All Country World Index Value3.96%–3.09% –8.87%–4.41%5.40%4.55%7.22%
MSCI US Broad Market Index9.46%0.09%–13.69% –7.33%12.72%12.28%13.54%
MSCI US Prime Market 750 Index9.39%0.05%–13.72% –7.01%13.04%12.68%13.76%
MSCI US Small Cap 1750 Index10.29%0.54%–13.41% –10.39%9.83%8.73%11.62%
NY Tax-Exempt Money Mkt Funds Avg0.04%0.09%0.11% 0.12%0.27%0.50%0.27%
Real Estate Spliced Index8.68%–4.09% –13.57%–4.24%7.26%7.31% 8.27%
Russell 1000 Growth Index12.00%0.73%–19.44% –11.93%16.05%16.30%15.95%
Russell 1000 Index9.31%0.01%–13.58% –6.87%12.91%12.55%13.69%
Russell 1000 Value Index6.63%–0.79% –7.08%–1.43%8.88%8.26%11.10%
Russell 2000 Growth Index11.20%2.34%–21.55% –23.18%4.71%6.87%10.66%
Russell 2000 Index10.44%1.51%–15.43% –14.29%7.51%7.12%10.60%
Russell 2000 Value Index9.68%0.74%–9.30% –4.77%9.44%6.71%10.18%
Russell 2500 Growth Index11.41%1.18%–21.40% –22.34%6.93%9.59%12.20%

BenchmarkReturns as of 07/31/2022Month End YTD
as of
07/31/2022
Average Annual Total
Returns as of 07/31/2022
1 Month3 Month1 Year3 Year5 Year10 Year
Russell 2500 Value Index9.68%–0.45% –8.59%–3.38%9.27%7.34%10.60%
Russell 3000 Index9.38%0.10%–13.70% –7.35%12.55%12.18%13.48%
Russell Midcap Growth Index12.24%–0.17% –22.56%–21.76%7.51%11.06% 12.81%
Russell Midcap Value Index8.61%–1.48% –9.02%–2.85%9.38%7.75%11.47%
S&P 500 Growth Index12.82%2.08%–18.33% –9.13%15.78%15.64%15.52%
S&P 500 Index9.22%0.39%–12.58% –4.64%13.36%12.83%13.80%
S&P 500 Value Index5.91%–1.22% –6.18%–0.03%9.68%9.14%11.51%
S&P Completion Index10.26%–2.20% –20.71%–21.85%7.45%8.20% 11.37%
S&P EPAC SmallCap Index6.08%–6.05% –20.99%–22.48%2.65%1.49% 7.29%
S&P Global ex U.S. Property Index4.25%–7.19% –15.11%–16.67%–3.67% –0.65%3.36%
S&P MidCap 400 Growth Index12.69%0.69%–15.40% –11.26%8.97%8.92%11.80%
S&P MidCap 400 Index10.85%0.94%–10.81% –5.70%10.16%9.06%12.05%
S&P MidCap 400 Value Index9.20%1.17%–6.10% –0.05%10.73%8.79%11.98%
S&P National AMT-Free Muni Bond Idx2.60%2.42% –6.18%–6.39%0.47%1.88%2.32%
S&P SmallCap 600 Growth Index11.63%4.08%–14.77% –10.19%9.64%9.51%12.70%
S&P SmallCap 600 Index10.01%2.49%–10.83% –6.24%10.35%9.06%12.42%
S&P SmallCap 600 Value Index8.62%1.12%–6.77% –2.26%10.62%8.38%11.98%
S&P U.S. Dividend Growers Index TR6.82%0.01%–9.92% –2.11%

BenchmarkReturns as of 07/31/2022Month End YTD
as of
07/31/2022
Average Annual Total
Returns as of 07/31/2022
1 Month3 Month1 Year3 Year5 Year10 Year
Spl Bloomberg US 5-10Yr G/Cr FltAdj2.90%2.06% –8.12%–9.74%0.27%1.73%2.12%
Spl Bloomberg US Long Treasury Idx2.67%–0.76% –19.15%–19.22%–2.13% 1.16%1.60%
Spl Bloomberg US Treas 1-3 Yr Idx0.42%0.38%–2.61% –3.27%0.36%0.95%0.80%
Spl Bloomberg US Treas 3-10 Yr Idx2.00%1.92%–5.89% –7.59%0.09%1.19%1.26%
Spl Bloomberg US1-5YrGov/Cr FlAdjIx0.97%0.82% –3.63%–4.64%0.47%1.20%1.23%
Spl Bloomberg USLongGv/Cr FltAdj Ix3.76%0.35% –18.95%–19.39%–1.35% 1.72%2.57%
Spl S&P Global Ex-US Dividend Growers Idx USD NTR4.53% –4.79%–15.61%–12.21% 6.02%5.61%
Spl Total International Stock Index3.64%–5.03% –15.67%–15.23%3.54%2.76% 5.46%
Spliced Alternative Strategies Idx0.10%0.22%0.28% 0.29%0.89%2.92%
Spliced Bloomberg USAgg Flt AdjIx2.35%1.35%–8.36% –9.33%–0.21%1.28%1.65%
Spliced Developed ex US Index5.17%–4.63% –15.55%–14.71%4.13%3.06% 6.24%
Spliced Emerging Markets Index–0.63% –5.96%–15.93%–16.59% 2.03%1.94%3.09%
Spliced Energy Index5.88%1.50%11.75% 22.84%–2.73%–0.28%–0.51%
Spliced Equity Income Index4.63%–0.25% –3.69%4.14%10.04%9.48%11.52%
Spliced European Stock Index5.14%–5.17% –17.83%–16.41%3.76%2.68% 6.12%
Spliced Extended Market Index10.26%–2.20% –20.71%–21.85%7.45%8.20% 11.37%
Spliced Global Capital Cycles Index5.27%–6.00% –13.60%–11.79%8.81%5.08% 0.42%
Spliced Global Equity Index6.98%–1.92% –14.61%–10.48%8.52%7.86% 9.35%

BenchmarkReturns as of 07/31/2022Month End YTD
as of
07/31/2022
Average Annual Total
Returns as of 07/31/2022
1 Month3 Month1 Year3 Year5 Year10 Year
Spliced Growth Index13.13%0.69%–21.26% –14.41%15.52%15.18%15.20%
Spliced Health Care Index3.19%0.48%–7.92% –4.34%12.13%9.96%12.10%
Spliced Inst Total Stock Market Idx9.40%–0.02% –13.98%–7.74%12.44%12.12% 13.44%
Spliced International Index3.42%–4.80% –15.63%–15.26%2.91%2.45% 5.04%
Spliced Large Cap Index9.23%–0.04% –13.98%–7.04%13.04%12.66% 13.74%
Spliced Market Neutral Index USD0.10%0.22%0.28% 0.29%0.58%1.09%0.62%
Spliced Mega Cap Growth Index13.43%1.00%–20.74% –13.52%16.70%15.97%15.71%
Spliced Mega Cap Index9.15%0.16%–13.82% –6.60%13.62%13.20%13.96%
Spliced Mega Cap Value Index4.64%–0.82% –4.70%2.33%10.27%10.29%12.24%
Spliced Mid Cap Growth Idx11.82%–0.48% –22.72%–18.25%9.58%11.16% 12.73%
Spliced Mid Cap Index9.61%–1.01% –14.72%–9.08%10.05%9.93% 12.54%
Spliced Mid Cap Value Index7.64%–1.58% –6.33%0.74%9.90%8.36%12.09%
Spliced Pacific Stock Index5.12%–3.79% –14.36%–15.44%3.07%2.45% 5.79%
Spliced S&P U.S. Dividend Growers Index TR6.82%0.01% –9.92%–2.22%11.28%12.57% 12.56%
Spliced Small and Mid Cap Index9.98%–0.31% –13.57%–9.46%10.36%10.04% 12.59%
Spliced Small Cap Growth Index11.71%–0.18% –21.74%–22.85%5.58%8.93% 11.12%
Spliced Small Cap Index10.57%0.15%–13.37% –11.09%8.51%8.80%11.63%
Spliced Small Cap Value Index9.80%0.31%–7.17% –1.78%9.84%7.94%11.59%

BenchmarkReturns as of 07/31/2022Month End YTD
as of
07/31/2022
Average Annual Total
Returns as of 07/31/2022
1 Month3 Month1 Year3 Year5 Year10 Year
Spliced Social Index9.60%0.04%–16.65% –9.34%13.04%13.25%15.06%
Spliced Total Stock Market Index9.40%–0.02% –13.98%–7.74%12.44%12.12% 13.43%
Spliced Total World Stock Index7.04%–1.96% –14.49%–10.61%8.69%7.98% 9.71%
Spliced U.S. Government Money Market Funds Average0.09% 0.16%0.16%0.18%0.40%0.84%0.46%
Spliced US IMI Consumer Stapl 25/503.40%–3.59% –3.05%5.81%10.79%8.99%10.74%
Spliced US IMI Energy 25/5010.53%5.49%44.24% 65.71%14.71%8.03%4.20%
Spliced US IMI Financials 25/507.47%–0.75% –13.23%–6.02%7.87%7.89% 12.73%
Spliced US IMI Health Care 25/503.97%2.53%–7.49% –3.20%14.12%12.26%15.17%
Spliced US IMI Industrials 25/5010.52%1.18%–10.35% –7.21%8.83%8.82%12.53%
Spliced US IMI Materials 25/507.05%–7.31% –12.01%–4.78%12.56%8.89% 10.56%
Spliced US IMI Utilities 25/505.74%4.92%4.54% 15.15%10.09%10.00%10.86%
Spliced Value Index5.21%–0.91% –4.65%2.23%10.26%10.01%12.24%
STAR Composite Index5.55%–0.16% –11.10%–8.46%6.85%6.86% 7.84%
Target Retirement 2020 Composite Ix4.52%–0.15% –9.82%–8.25%5.13%5.57%7.13%
Target Retirement 2025 Composite Ix5.11%–0.47% –11.14%–9.18%5.79%6.14% 7.82%
Target Retirement 2030 Composite Ix5.51%–0.72% –11.90%–9.59%6.40%6.61% 8.44%
Target Retirement 2035 Composite Ix5.85%–0.96% –12.41%–9.73%7.09%7.11% 9.07%
Target Retirement 2040 Composite Ix6.18%–1.21% –12.92%–9.89%7.75%7.60% 9.59%

BenchmarkReturns as of 07/31/2022Month End YTD
as of
07/31/2022
Average Annual Total
Returns as of 07/31/2022
1 Month3 Month1 Year3 Year5 Year10 Year
Target Retirement 2045 Composite Ix6.51%–1.46% –13.45%–10.06%8.41%8.03% 9.86%
Target Retirement 2050 Composite Ix6.65%–1.56% –13.63%–10.15%8.48%8.07% 9.88%
Target Retirement 2055 Composite Ix6.65%–1.56% –13.63%–10.15%8.48%8.07% 9.88%
Target Retirement 2060 Composite Ix6.65%–1.56% –13.63%–10.15%8.48%8.07% 9.88%
Target Retirement 2065 Composite Ix6.65%–1.56% –13.63%–10.15%8.48%8.07%
Target Retirement 2070 Composite Index6.65%–1.56% –13.63%–10.15%8.48%8.07%
Target Retirement Income Compos. Ix3.84%0.24% –8.35%–7.46%3.55%4.18%4.60%
Tax-Exempt Money Mkt Funds Average0.04%0.10%0.12% 0.13%0.29%0.55%0.31%
Tax-Managed Balanced Compos. Index5.76%1.62%–8.86% –5.51%7.35%7.60%8.19%
US Gov't Money Market Funds Average0.09%0.16% 0.16%0.18%0.32%0.69%0.36%
Wellesley Income Composite Index3.43%0.94%–7.86% –5.95%3.59%4.51%5.55%
Wellington Composite Index6.96%0.86%–11.60% –6.76%8.76%9.03%9.81%

Index performance is provided as a benchmark. It is not illustrative of any particular investment. An investment cannot be made in an index.