Benchmark Returns

BenchmarkReturns as of 03/31/2020Month End YTD
as of
03/31/2020
Average Annual Total
Returns as of 03/31/2020
1 Month3 Month1 Year3 Year5 Year10 Year
Balanced Composite Index–7.88%–11.09% –11.09%–1.11%4.95%5.28% 8.09%
BloomBarc 1 Year Municipal Index–0.50% 0.05%0.05%1.69%1.49%1.17%1.07%
BloomBarc 1-15 Year Municipal Index–2.92% –0.50%–0.50%3.31%3.39%2.74% 3.51%
BloomBarc 1-5 Year Municipal Index–1.69% –0.51%–0.51%1.98%1.93%1.62% 1.93%
BloomBarc CA Municipal Index–3.49% –0.49%–0.49%4.21%4.05%3.19% 4.61%
BloomBarc GA Credit Index Hedged–6.04% –3.26%–3.26%3.70%3.89%3.24% 4.46%
BloomBarc GA ex-USD FlAdjRIC Cp Hgd–2.40% 0.21%0.21%5.01%4.64%3.57%
BloomBarc MA Municipal Index–2.61% 0.24%0.24%4.62%4.01%3.14%3.99%
BloomBarc Municipal Bond Index–3.63% –0.63%–0.63%3.85%3.96%3.19% 4.15%
BloomBarc Municipal CA Intermed Idx–2.73% –0.46%–0.46%3.14%3.32%2.64% 3.97%
BloomBarc NJ Municipal Index–6.79% –3.53%–3.53%1.85%4.56%3.58% 4.29%
BloomBarc NY Municipal Index–3.69% –0.81%–0.81%3.30%3.59%3.01% 3.92%
BloomBarc OH Municipal Index–3.08% –0.11%–0.11%4.16%3.96%3.26% 4.12%
BloomBarc PA Municipal Index–3.45% –0.26%–0.26%4.63%4.53%3.60% 4.42%
BloomBarc US 0-5 Year TIPS Index–1.62% –0.69%–0.69%2.43%1.62%1.59%
BloomBarc US 1-5 Year Credit Index–2.88% –1.22%–1.22%2.82%2.58%2.23% 2.75%
BloomBarc US 1-5 Year Treasury Idx1.65%3.81%3.81% 6.91%3.28%2.25%2.02%
BloomBarc US 1-5 Yr Corporate Index–3.77% –2.19%–2.19%1.98%2.39%2.19% 2.88%

BenchmarkReturns as of 03/31/2020Month End YTD
as of
03/31/2020
Average Annual Total
Returns as of 03/31/2020
1 Month3 Month1 Year3 Year5 Year10 Year
BloomBarc US 1-5 Yr Government Idx1.62%3.76%3.76% 6.85%3.27%2.25%1.99%
BloomBarc US 10+ Year Corp Index–9.92% –4.51%–4.51%9.57%6.66%4.74% 7.30%
BloomBarc US 5-10 Year Corp Index–7.44% –4.28%–4.28%3.77%3.83%3.32% 5.17%
BloomBarc US 5-10 Year Credit Index–7.10% –3.87%–3.87%4.01%3.89%3.27% 5.07%
BloomBarc US 5-10 Yr Treasury Index3.08%8.66% 8.66%14.00%6.18%4.00%4.71%
BloomBarc US Agg Float Adj Index–0.69% 3.18%3.18%9.06%4.87%3.38%3.91%
BloomBarc US GNMA Index1.62%3.03%3.03% 6.83%3.82%2.78%3.32%
BloomBarc US Long Treasury Index6.05%20.90%20.90% 32.64%13.41%7.33%8.96%
BloomBarc US LongCredit A/Better Ix–6.73% 0.30%0.30%13.21%7.76%5.35%7.63%
BloomBarc US MBS Float Adj Index1.09%2.83%2.83% 6.92%3.96%2.88%3.21%
BloomBarc US Treas Bellwether:1Yr0.88%1.57%1.57% 3.75%2.36%1.64%1.01%
BloomBarc US Trsy Inflat Prtcd Idx–1.76% 1.69%1.69%6.85%3.46%2.67%3.48%
BloomBarc USD EmergMkt GovRIC CapIx–12.84% –12.20%–12.20%–5.19% 0.72%2.95%
Bloomberg Commodity Index TR–12.81% –23.29%–23.29%–22.31% –8.61%–7.76%–6.74%
CA Tax-Exempt Money Mkt Funds Avg0.16%0.25%0.25% 0.93%0.75%0.48%0.24%
Communication Services Spliced Idx–14.23% –18.62%–18.62%–7.59% –5.04%0.21%6.24%
Conservative Growth Composite Index–5.94% –7.52%–7.52%0.40%3.95%3.78% 5.59%
Consumer Discretionary Spliced Idx–17.55% –23.06%–23.06%–14.46% 3.01%5.05%12.33%

BenchmarkReturns as of 03/31/2020Month End YTD
as of
03/31/2020
Average Annual Total
Returns as of 03/31/2020
1 Month3 Month1 Year3 Year5 Year10 Year
CRSP US Total Market Index–13.78%–20.88% –20.88%–9.24%3.99%5.74%
Dividend Growth Spliced Index–9.62% –16.73%–16.73%–3.98% 6.84%7.31%10.17%
FTSE All-World ex US Index–14.46%–23.40% –23.40%–15.32%–1.89% –0.39%2.36%
FTSE All-World Index–13.48%–21.35% –21.35%–10.89%1.79%3.25% 6.23%
FTSE AW ex US High Div Yield Idx–17.89% –27.89%–27.89%–21.28% –5.02%–2.29%1.35%
FTSE Emerging Index–16.38%–24.22% –24.22%–17.52%–1.82% –0.42%0.75%
FTSE Global All Cap Index Hdg.–13.30% –20.42%–20.42%–9.97% 2.30%3.75%7.29%
FTSE Global Small-Cap ex US Index–19.95% –29.65%–29.65%–22.43% –5.87%–1.93%2.08%
FTSE High Dividend Yield Index–13.54% –23.94%–23.94%–14.66% 0.10%4.06%9.40%
Global Wellesley Income Comp Index–8.45% –10.66%–10.66%–3.35%
Global Wellington Composite Index–10.21% –14.64%–14.64%–4.90%
Growth Composite Index–11.16%–17.12% –17.12%–7.49%2.60%3.66% 7.09%
High-Yield Corporate Composite Idx–9.73% –10.70%–10.70%–4.27% 1.63%2.94%5.55%
iMoneyNet MFR Treasury Funds Avg0.06%0.24%0.24% 1.40%1.17%0.71%0.35%
Income Composite Index–3.50%–2.63% –2.63%4.19%4.44%3.68%4.81%
Information Technology Spliced Idx–9.61% –13.09%–13.09%7.23%17.61% 16.48%15.66%
JP Morgan EMBI Global Diversified–13.85% –13.38%–13.38%–6.84% 0.42%2.82%4.94%
Managed Payout Composite Index–9.08% –13.64%–13.64%–5.16% 2.55%3.08%5.49%

BenchmarkReturns as of 03/31/2020Month End YTD
as of
03/31/2020
Average Annual Total
Returns as of 03/31/2020
1 Month3 Month1 Year3 Year5 Year10 Year
Moderate Growth Composite Index–8.49% –12.36%–12.36%–3.50% 3.34%3.77%6.50%
Money Market Funds Average0.07%0.28%0.28% 1.60%1.39%0.87%0.44%
MSCI AC World Index ex USA Net–14.48% –23.36%–23.36%–15.57% –1.96%–0.64%2.05%
MSCI US Broad Market Index–13.84%–21.06% –21.06%–9.34%3.92%5.73% 10.18%
MSCI US Prime Market 750 Index–12.99% –20.01%–20.01%–7.64% 4.88%6.42%10.48%
MSCI US Small Cap 1750 Index–22.28% –31.09%–31.09%–24.74% –4.84%–0.36%7.34%
NASDAQ Intl DividendAchieversSel Ix–11.38% –18.72%–18.72%–7.66% 2.52%
NASDAQ US Dividend Achievers Select–9.62% –16.73%–16.73%–3.98% 6.84%7.31%10.17%
NY Tax-Exempt Money Mkt Funds Avg0.17%0.27%0.27% 1.01%0.81%0.51%0.26%
Real Estate Spliced Index–19.26%–24.07% –24.07%–16.47%–1.38% 0.59%7.97%
Russell 1000 Growth Index–9.84%–14.10% –14.10%0.91%11.32%10.36%12.97%
Russell 1000 Index–13.21%–20.22% –20.22%–8.03%4.64%6.22% 10.39%
Russell 1000 Value Index–17.09%–26.73% –26.73%–17.17%–2.18% 1.90%7.67%
Russell 2000 Growth Index–19.10%–25.76% –25.76%–18.58%0.10%1.70% 8.89%
Russell 2000 Index–21.73%–30.61% –30.61%–23.99%–4.64% –0.25%6.90%
Russell 2000 Value Index–24.67%–35.66% –35.66%–29.64%–9.51% –2.42%4.79%
Russell 2500 Growth Index–17.72%–23.22% –23.22%–14.40%3.35%3.64% 10.10%
Russell 2500 Value Index–24.93%–34.64% –34.64%–28.60%–8.40% –2.14%5.65%

BenchmarkReturns as of 03/31/2020Month End YTD
as of
03/31/2020
Average Annual Total
Returns as of 03/31/2020
1 Month3 Month1 Year3 Year5 Year10 Year
Russell 3000 Index–13.75%–20.90% –20.90%–9.13%4.00%5.77% 10.15%
Russell 3000 Value Index–17.58%–27.32% –27.32%–18.02%–2.67% 1.62%7.47%
Russell Midcap Growth Index–14.91% –20.04%–20.04%–9.45% 6.53%5.61%10.89%
Russell Midcap Value Index–22.70%–31.71% –31.71%–24.13%–5.97% –0.76%7.22%
S&P 500 Growth Index–9.96%–14.50% –14.50%–2.47%9.59%9.48% 12.58%
S&P 500 Index–12.35%–19.60% –19.60%–6.98%5.10%6.73% 10.53%
S&P 500 Value Index–15.25%–25.34% –25.34%–12.20%0.05%3.45% 8.18%
S&P Completion Index–21.35%–28.02% –28.02%–20.59%–2.02% 0.92%8.14%
S&P EPAC SmallCap Index–17.21%–27.73% –27.73%–18.67%–3.48% 0.27%4.46%
S&P Global ex U.S. Property Index–20.98% –27.69%–27.69%–22.65% –2.24%–1.09%
S&P MidCap 400 Growth Index–16.77% –24.72%–24.72%–17.30% –0.92%2.16%9.01%
S&P MidCap 400 Index–20.25%–29.70% –29.70%–22.51%–4.09% 0.56%7.88%
S&P MidCap 400 Value Index–24.23%–35.09% –35.09%–28.23%–7.59% –1.43%6.51%
S&P National AMT-Free Muni Bond Idx–3.39% –0.44%–0.44%4.05%3.88%3.11% 4.00%
S&P SmallCap 600 Growth Index–19.68% –28.11%–28.11%–21.44% –2.17%2.47%9.71%
S&P SmallCap 600 Index–22.40%–32.64% –32.64%–25.89%–5.34% 0.45%8.06%
S&P SmallCap 600 Value Index–25.45% –37.37%–37.37%–30.64% –8.62%–1.67%6.37%
Spl BloomBarc US 5-10Yr G/Cr FltAdj–1.62% 2.82%2.82%9.42%5.18%3.72%4.91%

BenchmarkReturns as of 03/31/2020Month End YTD
as of
03/31/2020
Average Annual Total
Returns as of 03/31/2020
1 Month3 Month1 Year3 Year5 Year10 Year
Spl BloomBarc US Long Treasury Idx6.05%20.90% 20.90%32.64%13.40%7.37%8.92%
Spl BloomBarc US Treas 1-3 Yr Idx1.29%2.76%2.76% 5.41%2.69%1.85%1.45%
Spl BloomBarc US Treas 3-10 Yr Idx2.64%7.05%7.05% 11.67%5.22%3.47%3.89%
Spl BloomBarc US1-5YrGov/Cr FlAdjIx0.18%2.17% 2.17%5.58%3.08%2.27%2.22%
Spl BloomBarc USLongGv/Cr FltAdj Ix–2.96% 6.21%6.21%19.32%9.69%5.99%8.07%
Spl Total International Stock Index–14.99% –24.01%–24.01%–16.01% –2.28%–0.54%2.16%
Spliced Alternative Strategies Idx0.13%0.39%0.39% 4.37%5.32%
Spliced BloomBarc USAgg Flt AdjIx–0.69% 3.18%3.18%9.06%4.87%3.38%3.91%
Spliced Developed ex US Index–14.37% –23.82%–23.82%–15.39% –2.22%–0.53%2.78%
Spliced Emerging Markets Index–16.63% –24.18%–24.18%–17.94% –2.52%–1.09%0.45%
Spliced Energy Index–28.53%–43.92% –43.92%–44.57%–15.21% –9.66%–4.10%
Spliced Equity Income Index–13.54% –23.94%–23.94%–14.66% 0.10%4.06%9.40%
Spliced European Stock Index–15.25% –25.08%–25.08%–15.85% –2.25%–1.10%2.64%
Spliced Extended Market Index–21.35% –28.02%–28.02%–20.59% –2.02%0.92%8.14%
Spliced Global Capital Cycles Index–14.41% –23.86%–23.86%–14.62% –4.48%0.75%–4.83%
Spliced Global Equity Index–13.50% –21.37%–21.37%–11.26% 1.50%2.85%5.88%
Spliced Growth Index–10.52%–13.72% –13.72%1.33%10.13%9.20%12.44%
Spliced Health Care Index–3.69%–11.39% –11.39%0.64%7.02%3.98%10.68%

BenchmarkReturns as of 03/31/2020Month End YTD
as of
03/31/2020
Average Annual Total
Returns as of 03/31/2020
1 Month3 Month1 Year3 Year5 Year10 Year
Spliced Inst Total Stock Market Idx–13.78% –20.88%–20.88%–9.24% 3.99%5.74%10.17%
Spliced International Index–14.48% –23.36%–23.36%–15.57% –1.96%–0.64%1.84%
Spliced Large Cap Index–12.52%–19.42% –19.42%–6.90%5.18%6.62% 10.55%
Spliced Market Neutral Index USD0.13%0.39%0.39% 2.04%1.74%1.12%0.59%
Spliced Mega Cap Growth Index–9.65% –12.51%–12.51%3.45%11.19% 10.25%12.90%
Spliced Mega Cap Index–11.40%–18.20% –18.20%–4.95%6.24%7.52% 10.86%
Spliced Mega Cap Value Index–13.28% –23.72%–23.72%–12.90% 1.51%4.82%8.90%
Spliced Mid Cap Growth Idx–15.09%–20.04% –20.04%–10.47%4.79%4.22% 10.14%
Spliced Mid Cap Index–18.43%–25.74% –25.74%–16.65%–0.25% 2.11%8.90%
Spliced Mid Cap Value Index–21.95% –31.36%–31.36%–22.79% –5.08%–0.09%7.53%
Spliced NJ Tax-Ex Money Mkt Fds Avg0.17%0.27% 0.27%1.03%0.87%0.56%0.28%
Spliced PA Tax-Ex Money Mkt Fds Avg0.17%0.27% 0.27%1.03%0.87%0.56%0.28%
Spliced Pacific Stock Index–11.11% –20.95%–20.95%–13.69% –1.56%0.57%3.14%
Spliced Small and Mid Cap Index–20.52% –28.52%–28.52%–20.77% –1.96%1.33%8.45%
Spliced Small Cap Growth Index–18.33% –24.20%–24.20%–15.80% 2.95%3.24%9.51%
Spliced Small Cap Index–21.85%–30.08% –30.08%–23.38%–3.28% 0.40%7.81%
Spliced Small Cap Value Index–24.93% –34.88%–34.88%–29.49% –8.38%–2.04%6.20%
Spliced Social Index–13.26%–19.94% –19.94%–5.66%6.38%7.26% 11.18%

BenchmarkReturns as of 03/31/2020Month End YTD
as of
03/31/2020
Average Annual Total
Returns as of 03/31/2020
1 Month3 Month1 Year3 Year5 Year10 Year
Spliced Total Stock Market Index–13.78% –20.88%–20.88%–9.24% 3.99%5.74%10.17%
Spliced Total World Stock Index–14.23% –22.20%–22.20%–12.11% 1.18%2.87%6.08%
Spliced US IMI Consumer Stapl 25/50–6.00% –14.09%–14.09%–2.57% 1.99%4.48%9.89%
Spliced US IMI Energy 25/50–36.56% –52.41%–52.41%–55.41% –24.05%–16.13%–5.13%
Spliced US IMI Financials 25/50–22.77% –33.07%–33.07%–19.33% –3.54%2.80%6.80%
Spliced US IMI Health Care 25/50–4.95% –13.12%–13.12%–2.00% 8.20%5.87%13.13%
Spliced US IMI Industrials 25/50–19.97% –27.85%–27.85%–19.50% –1.91%2.63%8.77%
Spliced US IMI Materials 25/50–15.29% –27.96%–27.96%–20.05% –4.99%–0.29%5.31%
Spliced US IMI Utilities 25/50–9.90% –14.08%–14.08%–3.00% 6.00%8.22%10.73%
Spliced Value Index–14.68%–25.01% –25.01%–14.79%0.42%4.04% 8.69%
STAR Composite Index–8.69%–12.85% –12.85%–3.77%3.43%3.97% 6.53%
Target Retirement 2015 Composite Ix–5.55% –7.04%–7.04%0.42%3.93%3.83% 6.21%
Target Retirement 2020 Composite Ix–7.30% –10.27%–10.27%–1.97% 3.65%3.88%6.67%
Target Retirement 2025 Composite Ix–8.54% –12.45%–12.45%–3.55% 3.47%3.92%6.94%
Target Retirement 2030 Composite Ix–9.53% –14.24%–14.24%–5.04% 3.21%3.89%7.16%
Target Retirement 2035 Composite Ix–10.53% –16.03%–16.03%–6.54% 2.93%3.84%7.37%
Target Retirement 2040 Composite Ix–11.55% –17.80%–17.80%–8.05% 2.63%3.77%7.49%
Target Retirement 2045 Composite Ix–12.53% –19.47%–19.47%–9.51% 2.19%3.57%7.39%

BenchmarkReturns as of 03/31/2020Month End YTD
as of
03/31/2020
Average Annual Total
Returns as of 03/31/2020
1 Month3 Month1 Year3 Year5 Year10 Year
Target Retirement 2050 Composite Ix–12.53% –19.47%–19.47%–9.51% 2.19%3.57%7.39%
Target Retirement 2055 Composite Ix–12.53% –19.47%–19.47%–9.51% 2.19%3.57%
Target Retirement 2060 Composite Ix–12.53% –19.47%–19.47%–9.51% 2.19%3.57%
Target Retirement 2065 Composite Ix–12.53% –19.47%–19.47%–9.51% 1.70%
Target Retirement Income Compos. Ix–4.77% –5.56%–5.56%1.43%3.67%3.41% 5.10%
Tax-Exempt Money Mkt Funds Average0.17%0.27%0.27% 1.04%0.89%0.57%0.29%
Tax-Managed Balanced Compos. Index–7.44% –10.08%–10.08%–1.47% 4.55%4.90%7.30%
US Gov't Money Market Funds Average0.05%0.22% 0.22%1.38%1.12%0.68%0.34%
Wellesley Income Composite Index–6.99% –8.53%–8.53%–0.20% 3.40%3.96%6.47%
Wellington Composite Index–9.24%–12.84% –12.84%–1.65%5.27%5.83% 8.65%

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