Benchmark Returns

BenchmarkReturns as of 05/31/2023Month End YTD
as of
05/31/2023
Average Annual Total
Returns as of 05/31/2023
1 Month3 Month1 Year3 Year5 Year10 Year
Balanced Composite Index–0.17%3.43% 6.35%0.88%6.02%6.92%7.76%
Bloomberg 1 Year Municipal Index–0.11% 0.67%0.66%0.79%0.10%1.03%0.86%
Bloomberg 1-15 Year Municipal Index–0.88% 0.76%1.09%1.16%–0.38%1.71%2.05%
Bloomberg 1-5 Year Municipal Index–0.61% 0.50%0.43%0.41%–0.44%1.13%1.15%
Bloomberg CA Municipal Index–0.84% 1.07%1.44%0.88%–0.87%1.57%2.42%
Bloomberg Commodity Index TR–5.64% –6.54%–11.37%–22.48% 17.15%3.17%–1.86%
Bloomberg GA Credit Idx Hedged USD–0.81% 2.09%2.93%–1.32%–2.53%1.25% 2.22%
Bloomberg GA ex-USD FlAdjRIC Cp Hgd0.05%2.72% 3.60%–1.35%–3.11%0.48%2.11%
Bloomberg MA Municipal Index–0.90% 1.02%1.46%0.41%–1.25%1.50%2.13%
Bloomberg Municipal Bond Index–0.87% 1.10%1.65%0.49%–0.64%1.65%2.28%
Bloomberg Municipal CA Intermed Idx–1.09% 0.49%0.70%1.39%–0.97%1.49%2.00%
Bloomberg NJ Municipal Index–0.68% 1.48%2.57%1.81%1.70%2.57%2.94%
Bloomberg NY Municipal Index–0.89% 1.35%2.14%0.49%–0.52%1.51%2.22%
Bloomberg OH Municipal Index–1.03% 0.59%1.12%–0.17%–1.16%1.47% 2.33%
Bloomberg PA Municipal Index–0.96% 0.98%1.77%0.36%–0.61%1.85%2.53%
Bloomberg US 0-5 Year TIPS Index–0.70% 1.39%1.68%–1.20%2.66%2.80%1.65%
Bloomberg US 1-5 Year Credit Index–0.42% 1.67%1.97%0.48%–0.56%1.73%1.69%
Bloomberg US 1-5 Year Treasury Idx–0.54% 1.91%1.75%–0.28%–1.62%1.03% 0.86%

BenchmarkReturns as of 05/31/2023Month End YTD
as of
05/31/2023
Average Annual Total
Returns as of 05/31/2023
1 Month3 Month1 Year3 Year5 Year10 Year
Bloomberg US 1-5 Yr Corporate Index–0.40% 1.61%1.98%0.58%–0.40%1.84%1.83%
Bloomberg US 1-5 Yr Government Idx–0.53% 1.90%1.75%–0.27%–1.60%1.02% 0.87%
Bloomberg US 10+ Year Corp Index–2.78% 2.18%3.29%–4.85%–5.86%1.02% 2.86%
Bloomberg US 5-10 Year Corp Index–1.27% 2.55%3.24%–0.67%–2.28%2.07% 2.54%
Bloomberg US 5-10 Year Credit Index–1.24% 2.62%3.23%–0.69%–2.33%2.01% 2.44%
Bloomberg US 5-10 Yr Treasury Index–1.22% 2.96%2.75%–2.00%–4.59%1.00% 1.14%
Bloomberg US Agg Float Adj Index–1.12% 2.07%2.48%–2.05%–3.64%0.86% 1.41%
Bloomberg US GNMA Index–0.77%1.67% 2.38%–2.61%–3.46%0.15%0.99%
Bloomberg US Long Treasury Index–2.79% 2.34%3.74%–8.18%–12.04% –0.84%1.47%
Bloomberg US LongCredit A/Better Ix–2.82% 2.12%3.38%–5.18%–6.94%0.55% 2.58%
Bloomberg US MBS Float Adj Index–0.72% 1.72%2.31%–2.52%–3.48%0.16% 1.07%
Bloomberg US Treas Bellwether:1Yr0.05%0.98%1.58% 1.92%0.55%1.51%1.04%
Bloomberg US Trsy Inflat Prtcd Idx–1.20% 1.77%2.21%–4.20%0.36%2.64%1.75%
Bloomberg US Universal Index–1.04% 1.90%2.48%–1.89%–3.11%0.98% 1.64%
Bloomberg USD EmergMkt GovRIC CapIx–0.88% 0.82%1.54%–1.49%–2.69%0.11% 1.88%
CA Tax-Exempt Money Mkt Funds Avg0.22%0.63%0.98% 1.75%0.61%0.71%0.43%
Communication Services Spliced Idx2.56%11.95% 23.60%–0.86%3.79%5.39%5.14%
Conservative Growth Composite Index–0.89% 2.50%4.64%–0.42%2.27%3.74%4.77%

BenchmarkReturns as of 05/31/2023Month End YTD
as of
05/31/2023
Average Annual Total
Returns as of 05/31/2023
1 Month3 Month1 Year3 Year5 Year10 Year
Consumer Discretionary Spliced Idx1.14%2.76%16.11% –0.13%11.50%10.40%12.39%
CRSP US Total Market Index0.42%4.14%8.73% 2.01%12.13%10.00%11.41%
Dividend Growth Spliced Index–2.78% 1.26%1.39%1.80%11.33%10.66%10.81%
FTSE All-World ex US Index–3.42%0.56% 4.67%–1.25%7.67%2.61%4.21%
FTSE All-World Index–1.03%3.56% 7.75%1.23%10.44%7.11%8.23%
FTSE AW ex US High Div Yield Idx–4.71% –1.80%2.66%–2.94%11.87% 3.42%3.88%
FTSE Emerging Index–2.32%–0.83% –0.44%–8.22%4.25%0.36%2.29%
FTSE Global All Cap Index Hdg.–0.29% 3.05%8.11%3.24%11.65%8.34%9.48%
FTSE Global Small-Cap ex US Index–3.12% –1.72%3.65%–5.69%7.15%0.26% 3.83%
FTSE High Dividend Yield Index–5.19% –4.57%–5.71%–5.96% 11.65%7.26%9.35%
Global Wellesley Income Comp Index–2.22% 0.60%1.64%–1.96%2.50%2.89%
Global Wellington Composite Index–0.83% 3.38%6.67%1.27%6.38%5.78%
Growth Composite Index–1.03%2.64% 6.35%0.59%7.93%6.25%7.64%
High-Yield Corporate Composite Idx–0.93% 1.34%3.25%0.11%2.17%3.35%3.87%
iMoneyNet MFR Treasury Funds Avg0.36%1.08%1.73% 2.98%1.00%1.16%0.66%
Income Composite Index–0.82%2.40% 3.74%–1.07%–0.59%2.31%3.22%
Information Technology Spliced Idx8.45%18.64% 30.83%16.59%17.99%19.24%19.97%
JP Morgan EMBI Global Diversified–0.57% 0.92%1.82%–1.48%–2.70%–0.13% 2.08%

BenchmarkReturns as of 05/31/2023Month End YTD
as of
05/31/2023
Average Annual Total
Returns as of 05/31/2023
1 Month3 Month1 Year3 Year5 Year10 Year
Moderate Growth Composite Index–0.96% 2.58%5.51%0.13%5.12%5.06%6.25%
MSCI AC World Growth ex US–2.77%2.73% 6.65%0.23%4.38%2.95%4.78%
MSCI AC World Index ex USA Net–3.64% 0.43%4.77%–1.41%7.23%2.22%3.83%
MSCI AC World Index Net–1.07%3.44% 7.68%0.85%10.07%6.77%7.82%
MSCI All Country World Index Value–4.29% –2.96%–1.42%–4.94% 10.20%3.83%5.29%
MSCI US Broad Market Index0.43%4.15%8.88% 2.17%12.50%10.18%11.54%
MSCI US Prime Market 750 Index0.61%5.31%9.72% 2.81%12.54%10.78%11.90%
MSCI US Small Cap 1750 Index–1.79% –7.63%0.05%–4.74%12.07% 4.70%8.36%
Multi-Sector Income Bond Composite Index–0.85% 1.51%2.63%–0.17%
NY Tax-Exempt Money Mkt Funds Avg0.24%0.67%1.05% 1.85%0.64%0.76%0.45%
Real Estate Spliced Index–3.97%–5.68% –1.93%–15.72%4.94%4.20% 5.45%
Russell 1000 Growth Index4.56%12.81%20.76% 9.55%12.85%13.84%14.76%
Russell 1000 Index0.47%4.93%9.30%2.45% 12.45%10.61%11.76%
Russell 1000 Value Index–3.86%–2.86% –1.43%–4.55%11.63%6.78% 8.42%
Russell 2000 Growth Index0.02%–3.58% 4.86%2.68%4.62%2.74%7.90%
Russell 2000 Index–0.92%–7.35% –0.04%–4.68%9.23%2.74%7.36%
Russell 2000 Value Index–1.97%–11.27% –5.04%–11.50%13.60%2.09% 6.43%
Russell 2500 Growth Index–0.11%–2.94% 5.08%2.30%5.16%5.56%9.41%

BenchmarkReturns as of 05/31/2023Month End YTD
as of
05/31/2023
Average Annual Total
Returns as of 05/31/2023
1 Month3 Month1 Year3 Year5 Year10 Year
Russell 2500 Value Index–2.85%–9.07% –2.81%–9.73%13.52%3.65% 6.99%
Russell 3000 Index0.39%4.17%8.74%2.03% 12.25%10.07%11.45%
Russell Midcap Growth Index0.06%–0.03% 7.62%5.75%5.80%8.18%10.56%
Russell Midcap Value Index–4.44%–7.44% –3.17%–9.49%12.31%5.24% 8.00%
S&P 500 Growth Index2.50%10.04%13.98% 1.96%11.00%11.76%13.58%
S&P 500 Index0.43%5.75%9.65%2.92% 12.92%11.01%11.99%
S&P 500 Value Index–1.91%1.08% 4.94%3.02%13.86%9.25%9.68%
S&P Completion Index0.44%–4.61% 3.94%–3.65%7.72%4.52%8.25%
S&P Global ex U.S. Property Index–6.14% –6.29%–5.43%–18.17% –2.65%–4.85%0.00%
S&P MidCap 400 Growth Index–2.78%–4.37% 1.60%–1.28%8.73%5.47%8.92%
S&P MidCap 400 Index–3.19%–7.03% –0.29%–2.63%12.58%6.00% 9.05%
S&P MidCap 400 Value Index–3.62%–9.73% –2.26%–4.05%16.41%6.12% 8.82%
S&P National AMT-Free Muni Bond Idx–0.69% 1.41%1.89%0.56%–0.47%1.70%2.18%
S&P SmallCap 600 Growth Index0.20%–6.79% –0.86%–5.76%10.42%3.91% 9.39%
S&P SmallCap 600 Index–1.75%–9.41% –2.03%–7.26%13.57%3.80% 8.93%
S&P SmallCap 600 Value Index–3.73% –12.07%–3.19%–8.69% 16.63%3.44%8.30%
S&P U.S. Dividend Growers Index TR–2.78% 1.26%1.39%1.80%
Spl Bloomberg US 5-10Yr G/Cr FltAdj–1.22% 2.81%2.95%–1.47%–3.46%1.55% 1.81%

BenchmarkReturns as of 05/31/2023Month End YTD
as of
05/31/2023
Average Annual Total
Returns as of 05/31/2023
1 Month3 Month1 Year3 Year5 Year10 Year
Spl Bloomberg US Long Treasury Idx–2.79% 2.34%3.74%–8.18%–12.04% –0.84%1.47%
Spl Bloomberg US Treas 1-3 Yr Idx–0.35% 1.55%1.51%0.03%–0.94%1.03%0.80%
Spl Bloomberg US Treas 3-10 Yr Idx–1.04% 2.73%2.45%–1.43%–3.68%0.99% 1.08%
Spl Bloomberg US1-5YrGov/Cr FlAdjIx–0.50% 1.83%1.82%–0.03%–1.25%1.28% 1.15%
Spl Bloomberg USLongGv/Cr FltAdj Ix–2.73% 2.27%3.60%–6.18%–8.36%0.38% 2.31%
Spl S&P Global Ex-US Dividend Growers Idx USD NTR–3.49% 3.25%5.46%0.95%8.33%5.30%
Spl Total International Stock Index–3.39% 0.33%4.57%–1.69%7.62%2.36%4.17%
Spliced Bloomberg USAgg Flt AdjIx–1.12% 2.07%2.48%–2.05%–3.64%0.86% 1.41%
Spliced Developed ex US Index–3.84% 0.67%6.16%0.50%8.66%3.06%4.78%
Spliced Emerging Markets Index–2.00% –0.69%0.10%–7.69%4.82%0.43% 2.15%
Spliced Energy Index–7.80%–3.53% –6.55%–8.78%9.66%–4.13% –1.56%
Spliced Equity Income Index–5.19%–4.57% –5.71%–5.96%11.65%7.26% 9.35%
Spliced European Stock Index–5.73% 0.07%8.20%3.60%10.17%3.89%4.87%
Spliced Extended Market Index0.44%–4.61% 3.94%–3.65%7.72%4.52%8.25%
Spliced Global Capital Cycles Index–2.98% 0.82%3.59%–3.08%10.19%4.14%2.35%
Spliced Global Equity Index–1.07%3.44% 7.68%0.85%10.07%6.77%7.82%
Spliced Growth Index5.10%14.46%24.53% 9.49%11.85%13.26%13.96%
Spliced Health Care Index–4.10%2.34% –2.46%–0.45%6.27%8.97%9.53%

BenchmarkReturns as of 05/31/2023Month End YTD
as of
05/31/2023
Average Annual Total
Returns as of 05/31/2023
1 Month3 Month1 Year3 Year5 Year10 Year
Spliced Inst Total Stock Market Idx0.42%4.14% 8.73%2.01%12.13%10.00%11.41%
Spliced International Explorer Index–4.18% –2.45%2.56%–6.66%4.09%–0.61% 4.90%
Spliced International Index–3.64%0.43% 4.77%–1.41%7.23%2.22%3.83%
Spliced Large Cap Index0.71%5.85%10.01% 2.99%12.41%10.84%11.89%
Spliced Market Neutral Index USD0.42%1.23%1.95% 3.38%1.19%1.51%0.93%
Spliced Mega Cap Growth Index5.98%17.61%28.39% 11.64%13.07%14.27%14.81%
Spliced Mega Cap Index1.39%8.11%12.11% 4.69%12.97%11.61%12.38%
Spliced Mega Cap Value Index–3.85% –1.77%–3.11%–2.53% 12.68%8.63%9.99%
Spliced Mid Cap Growth Idx0.11%–0.55% 6.41%0.74%6.52%8.22%10.08%
Spliced Mid Cap Index–2.65%–4.46% 0.35%–4.99%9.70%7.06%9.45%
Spliced Mid Cap Value Index–5.22%–7.99% –4.92%–9.88%12.81%5.54% 8.61%
Spliced Pacific Stock Index–0.54%2.48% 4.57%–0.81%5.63%1.25%4.40%
Spliced S&P U.S. Dividend Growers Index TR–2.78% 1.26%1.39%1.80%11.33%10.66%10.81%
Spliced Small and Mid Cap Index–2.20% –6.51%–0.60%–5.35% 11.16%6.29%9.37%
Spliced Small Cap Growth Index–0.03% –2.29%6.63%0.21%3.73%4.77%8.26%
Spliced Small Cap Index–1.99%–6.66% 0.44%–4.34%10.31%4.94%8.41%
Spliced Small Cap Value Index–3.47% –9.79%–3.87%–7.48% 15.33%4.39%8.17%
Spliced Social Index1.96%7.58%13.40% 4.29%12.11%11.25%12.61%

BenchmarkReturns as of 05/31/2023Month End YTD
as of
05/31/2023
Average Annual Total
Returns as of 05/31/2023
1 Month3 Month1 Year3 Year5 Year10 Year
Spliced Total Stock Market Index0.42%4.14%8.73% 2.01%12.13%10.00%11.41%
Spliced Total World Stock Index–1.15% 2.74%7.19%0.66%10.33%6.71%8.07%
Spliced U.S. Government Money Market Funds Average0.38% 1.09%1.72%2.96%1.00%1.24%0.74%
Spliced US IMI Consumer Stapl 25/50–5.44% 1.80%–0.60%1.49%10.67%10.78%9.17%
Spliced US IMI Energy 25/50–9.43%–8.35% –11.86%–8.68%32.97%4.33% 2.65%
Spliced US IMI Financials 25/50–3.96% –12.01%–7.10%–9.81% 12.64%4.50%8.88%
Spliced US IMI Health Care 25/50–3.99% 0.72%–4.62%–0.90%7.79%10.14% 12.11%
Spliced US IMI Industrials 25/50–2.35% –3.63%1.16%5.40%14.63%7.43%10.23%
Spliced US IMI Materials 25/50–6.64% –8.82%–2.84%–10.58% 13.61%6.56%8.33%
Spliced US IMI Utilities 25/50–5.59% 0.14%–7.08%–9.65%5.91%7.75% 9.15%
Spliced Value Index–4.12%–2.90% –3.40%–3.88%12.78%8.10% 9.77%
STAR Composite Index–0.80%2.72% 5.77%0.77%6.16%5.88%6.71%
Target Retirement 2020 Composite Ix–0.89% 2.41%4.62%–0.34%4.02%4.45%5.87%
Target Retirement 2025 Composite Ix–0.93% 2.52%5.23%–0.03%5.05%4.99%6.47%
Target Retirement 2030 Composite Ix–0.97% 2.59%5.66%0.19%6.03%5.40%6.97%
Target Retirement 2035 Composite Ix–0.99% 2.61%5.98%0.36%7.09%5.84%7.49%
Target Retirement 2040 Composite Ix–1.02% 2.63%6.29%0.52%8.14%6.27%7.96%
Target Retirement 2045 Composite Ix–1.05% 2.65%6.60%0.67%9.19%6.71%8.27%

BenchmarkReturns as of 05/31/2023Month End YTD
as of
05/31/2023
Average Annual Total
Returns as of 05/31/2023
1 Month3 Month1 Year3 Year5 Year10 Year
Target Retirement 2050 Composite Ix–1.07% 2.65%6.76%0.78%9.33%6.79%8.31%
Target Retirement 2055 Composite Ix–1.07% 2.65%6.76%0.78%9.33%6.79%8.31%
Target Retirement 2060 Composite Ix–1.07% 2.65%6.76%0.78%9.33%6.79%8.31%
Target Retirement 2065 Composite Ix–1.07% 2.65%6.76%0.78%9.33%6.79%
Target Retirement 2070 Composite Index–1.07% 2.65%6.76%0.78%9.33%6.79%8.15%
Target Retirement Income Compos. Ix–0.84% 2.30%4.00%–0.62%1.90%3.39%4.03%
Tax-Exempt Money Mkt Funds Average0.24%0.68%1.07% 1.89%0.65%0.79%0.49%
Tax-Managed Balanced Compos. Index–0.19% 2.90%5.24%2.36%6.32%6.69%7.22%
US Gov't Money Market Funds Average0.38%1.09% 1.72%2.96%1.00%1.13%0.64%
Wellesley Income Composite Index–2.70% –0.24%–0.28%–3.00% 1.78%3.59%4.66%
Wellington Composite Index–0.20%4.47% 7.18%1.50%7.12%7.80%8.57%

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