Benchmark Returns

BenchmarkReturns as of 12/31/2019Month End YTD
as of
12/31/2019
Average Annual Total
Returns as of 12/31/2019
1 Month3 Month1 Year3 Year5 Year10 Year
Balanced Composite Index1.68%5.41%21.87% 21.87%10.51%8.17%9.84%
BloomBarc 1 Year Municipal Index0.15%0.61%2.46% 2.46%1.71%1.20%1.10%
BloomBarc 1-15 Year Municipal Index0.32%0.81% 6.44%6.44%4.10%3.01%3.66%
BloomBarc 1-5 Year Municipal Index0.23%0.87%4.03% 4.03%2.55%1.82%2.03%
BloomBarc CA Municipal Index0.29%0.69%7.67% 7.67%4.77%3.52%4.85%
BloomBarc GA Credit Index Hedged0.18%0.58%11.85% 11.85%5.46%4.36%5.08%
BloomBarc GA ex-USD FlAdjRIC Cp Hgd–0.44% –1.25%8.06%8.06%4.57%3.98%
BloomBarc MA Municipal Index0.27%0.70%7.26% 7.26%4.46%3.28%4.05%
BloomBarc Municipal Bond Index0.31%0.74%7.54% 7.54%4.72%3.53%4.34%
BloomBarc Municipal CA Intermed Idx0.29%0.83% 6.25%6.25%4.10%2.95%4.22%
BloomBarc NJ Municipal Index0.43%0.92%9.18% 9.18%6.45%4.38%4.75%
BloomBarc NY Municipal Index0.27%0.64%7.12% 7.12%4.39%3.38%4.13%
BloomBarc OH Municipal Index0.27%0.72%7.20% 7.20%4.54%3.52%4.21%
BloomBarc PA Municipal Index0.38%0.77%8.24% 8.24%5.20%3.86%4.55%
BloomBarc US 0-5 Year TIPS Index0.72%1.14%4.85% 4.85%2.09%1.81%
BloomBarc US 1-5 Year Credit Index0.36%0.84%6.58% 6.58%3.31%2.71%3.07%
BloomBarc US 1-5 Year Treasury Idx0.14%0.33%4.25% 4.25%2.13%1.67%1.73%
BloomBarc US 1-5 Yr Corporate Index0.40%0.95% 6.99%6.99%3.47%2.90%3.32%

BenchmarkReturns as of 12/31/2019Month End YTD
as of
12/31/2019
Average Annual Total
Returns as of 12/31/2019
1 Month3 Month1 Year3 Year5 Year10 Year
BloomBarc US 1-5 Yr Government Idx0.14%0.34%4.23% 4.23%2.14%1.67%1.71%
BloomBarc US 10+ Year Corp Index0.11%1.33%23.89% 23.89%8.81%6.40%7.99%
BloomBarc US 5-10 Year Corp Index0.47%1.29%14.27% 14.27%5.85%4.79%5.94%
BloomBarc US 5-10 Year Credit Index0.43%1.18% 13.90%13.90%5.79%4.64%5.79%
BloomBarc US 5-10 Yr Treasury Index–0.43% –0.76%7.48%7.48%3.59%2.75%4.01%
BloomBarc US Agg Float Adj Index–0.09% 0.14%8.87%8.87%4.08%3.07%3.78%
BloomBarc US GNMA Index0.14%0.54%5.85% 5.85%2.89%2.32%3.21%
BloomBarc US Long Treasury Index–2.79% –4.12%14.83%14.83%6.95%4.13%7.01%
BloomBarc US LongCredit A/Better Ix–0.57% 0.11%20.85%20.85%8.07%5.95%7.76%
BloomBarc US MBS Float Adj Index0.28%0.69%6.18% 6.18%3.16%2.51%3.08%
BloomBarc US Treas Bellwether:1Yr0.18%0.60%3.01% 3.01%1.86%1.34%0.88%
BloomBarc US Trsy Inflat Prtcd Idx0.38%0.79%8.43% 8.43%3.32%2.62%3.36%
BloomBarc USD EmergMkt GovRIC CapIx2.10%2.21% 14.03%14.03%6.40%6.15%
Bloomberg Commodity Index TR5.04%4.42%7.69% 7.69%–0.94%–3.92%–4.73%
CA Tax-Exempt Money Mkt Funds Avg0.07%0.19%0.93% 0.93%0.67%0.43%0.22%
Communication Services Spliced Idx2.41%8.81%27.94% 27.94%0.22%4.84%8.20%
Conservative Growth Composite Index1.27%3.41% 15.94%15.94%7.75%5.85%6.76%
Consumer Discretionary Spliced Idx3.09%5.73%27.65% 27.65%15.34%11.75%16.63%

BenchmarkReturns as of 12/31/2019Month End YTD
as of
12/31/2019
Average Annual Total
Returns as of 12/31/2019
1 Month3 Month1 Year3 Year5 Year10 Year
CRSP US Total Market Index2.87%9.00%30.84% 30.84%14.56%11.21%
Dividend Growth Spliced Index2.26%4.85%29.75% 29.75%15.86%11.30%12.56%
FTSE All-World ex US Index4.33%9.06%21.81% 21.81%9.96%5.83%5.29%
FTSE All-World Index3.60%9.12%27.04% 27.04%12.80%8.86%9.16%
FTSE AW ex US High Div Yield Idx4.40%8.50%18.63% 18.63%8.38%4.56%4.58%
FTSE Emerging Index6.96%11.77%20.16% 20.16%11.23%5.65%3.84%
FTSE Global All Cap Index Hdg.2.77%8.05%27.44% 27.44%12.43%9.68%10.27%
FTSE Global Small-Cap ex US Index5.33%11.18%21.72% 21.72%8.70%5.87%6.18%
FTSE High Dividend Yield Index3.07%6.55%24.24% 24.24%10.87%9.86%12.95%
Global Wellesley Income Comp Index1.28%2.74%14.70% 14.70%
Global Wellington Composite Index2.13%5.81%21.84% 21.84%
Growth Composite Index2.75%7.19%23.46% 23.46%11.18%8.12%9.60%
High-Yield Corporate Composite Idx1.45%2.41%14.61% 14.61%6.29%5.83%7.14%
iMoneyNet MFR Treasury Funds Avg0.10%0.31%1.63% 1.63%1.10%0.66%0.33%
Income Composite Index0.54%1.55%12.26% 12.26%6.00%4.63%5.36%
Information Technology Spliced Idx4.03%14.04% 48.85%48.85%27.97%20.18%17.57%
JP Morgan EMBI Global Diversified2.01%1.81%15.04% 15.04%6.69%6.24%6.90%
Managed Payout Composite Index2.26%5.51%19.51% 19.51%9.12%6.53%7.31%

BenchmarkReturns as of 12/31/2019Month End YTD
as of
12/31/2019
Average Annual Total
Returns as of 12/31/2019
1 Month3 Month1 Year3 Year5 Year10 Year
Moderate Growth Composite Index2.01%5.29%19.67% 19.67%9.48%7.01%8.33%
Money Market Funds Average0.11%0.35%1.86% 1.86%1.32%0.82%0.41%
MSCI AC World Index ex USA Net4.33%8.92%21.51% 21.51%9.87%5.51%4.97%
MSCI US Broad Market Index2.89%9.07%31.07% 31.07%14.59%11.26%13.48%
MSCI US Prime Market 750 Index2.89%9.08%31.65% 31.65%15.27%11.61%13.59%
MSCI US Small Cap 1750 Index2.88%8.83%25.86% 25.86%8.86%8.31%12.45%
NASDAQ Intl DividendAchieversSel Ix3.88%9.17% 27.32%27.32%12.95%
NASDAQ US Dividend Achievers Select2.26%4.85% 29.75%29.75%15.86%11.30%12.72%
NY Tax-Exempt Money Mkt Funds Avg0.07%0.19%1.01% 1.01%0.73%0.45%0.23%
Real Estate Spliced Index0.82%0.65%29.03% 29.03%8.46%7.27%12.06%
Russell 1000 Growth Index3.02%10.62%36.39% 36.39%20.49%14.63%15.22%
Russell 1000 Index2.89%9.04%31.43%31.43% 15.05%11.48%13.54%
Russell 1000 Value Index2.75%7.41%26.54% 26.54%9.68%8.29%11.80%
Russell 2000 Growth Index2.29%11.39%28.48% 28.48%12.49%9.34%13.01%
Russell 2000 Index2.88%9.94%25.53%25.53% 8.59%8.23%11.83%
Russell 2000 Value Index3.50%8.49%22.39% 22.39%4.77%6.99%10.56%
Russell 2500 Growth Index0.93%10.57%32.65% 32.65%15.17%10.84%14.01%
Russell 2500 Value Index3.02%7.07%23.56% 23.56%6.12%7.18%11.25%

BenchmarkReturns as of 12/31/2019Month End YTD
as of
12/31/2019
Average Annual Total
Returns as of 12/31/2019
1 Month3 Month1 Year3 Year5 Year10 Year
Russell 3000 Index2.89%9.10%31.02%31.02% 14.57%11.24%13.42%
Russell 3000 Value Index2.80%7.48%26.26% 26.26%9.32%8.20%11.71%
Russell Midcap Growth Index1.17%8.17%35.47% 35.47%17.36%11.60%14.24%
Russell Midcap Value Index3.04%6.36%27.06% 27.06%8.10%7.62%12.41%
S&P 500 Growth Index2.93%8.32%31.13% 31.13%18.66%13.52%14.78%
S&P 500 Index3.02%9.07%31.49%31.49% 15.27%11.70%13.56%
S&P 500 Value Index3.12%9.93%31.93%31.93% 11.49%9.52%12.16%
S&P Completion Index2.16%8.86%27.95% 27.95%10.97%8.90%12.71%
S&P EPAC SmallCap Index4.59%11.86%23.71% 23.71%10.37%8.15%8.31%
S&P Global ex U.S. Property Index3.76%7.01%21.17% 21.17%11.16%6.38%
S&P MidCap 400 Growth Index2.51%6.73%26.29% 26.29%10.74%9.72%13.16%
S&P MidCap 400 Index2.81%7.06%26.20% 26.20%9.26%9.03%12.72%
S&P MidCap 400 Value Index3.12%7.41%26.08% 26.08%7.66%8.07%12.16%
S&P National AMT-Free Muni Bond Idx0.33%0.62% 7.42%7.42%4.47%3.40%4.17%
S&P SmallCap 600 Growth Index2.99%8.64%21.13% 21.13%10.08%10.87%14.20%
S&P SmallCap 600 Index2.99%8.21%22.78% 22.78%8.36%9.56%13.35%
S&P SmallCap 600 Value Index3.00%7.81%24.54% 24.54%6.65%8.26%12.52%
Spl BloomBarc US 5-10Yr G/Cr FltAdj–0.03% 0.13%10.38%10.38%4.62%3.64%4.85%

BenchmarkReturns as of 12/31/2019Month End YTD
as of
12/31/2019
Average Annual Total
Returns as of 12/31/2019
1 Month3 Month1 Year3 Year5 Year10 Year
Spl BloomBarc US Long Treasury Idx–2.79% –4.12%14.83%14.83%6.96%4.17%6.98%
Spl BloomBarc US Treas 1-3 Yr Idx0.22%0.51%3.59% 3.59%1.86%1.40%1.25%
Spl BloomBarc US Treas 3-10 Yr Idx–0.21% –0.35%6.43%6.43%3.10%2.46%3.33%
Spl BloomBarc US1-5YrGov/Cr FlAdjIx0.21%0.50% 5.01%5.01%2.54%2.03%2.13%
Spl BloomBarc USLongGv/Cr FltAdj Ix–1.14% –1.12%19.59%19.59%8.07%5.42%7.59%
Spl Total International Stock Index4.43%9.26% 21.80%21.80%9.84%5.84%5.13%
Spliced BloomBarc USAgg Flt AdjIx–0.09% 0.14%8.87%8.87%4.08%3.07%3.78%
Spliced Developed ex US Index3.72%8.62%22.34% 22.34%9.60%6.08%5.70%
Spliced Emerging Markets Index6.86%11.38%20.40% 20.40%10.39%4.93%3.52%
Spliced Energy Index5.32%5.77%12.80% 12.80%1.46%0.74%1.67%
Spliced Equity Income Index3.07%6.55%24.24% 24.24%10.87%9.86%12.95%
Spliced European Stock Index4.20%9.62%24.58% 24.58%10.27%5.51%5.46%
Spliced Extended Market Index2.16%8.86%27.95% 27.95%10.97%8.90%12.71%
Spliced FTSE 3-Mo US T-Bill Index0.14%0.77%5.58% 5.58%5.58%
Spliced Global Capital Cycles Index4.78%9.84% 26.72%26.72%7.26%5.67%–1.94%
Spliced Global Equity Index3.52%8.95%26.60% 26.60%12.44%8.41%8.79%
Spliced Growth Index3.11%9.91%37.31% 37.31%19.28%13.24%14.66%
Spliced Health Care Index3.50%13.73%22.67% 22.67%14.45%8.23%12.40%

BenchmarkReturns as of 12/31/2019Month End YTD
as of
12/31/2019
Average Annual Total
Returns as of 12/31/2019
1 Month3 Month1 Year3 Year5 Year10 Year
Spliced Inst Total Stock Market Idx2.87%9.00% 30.84%30.84%14.56%11.21%13.45%
Spliced International Index4.33%8.92%21.51% 21.51%9.87%5.51%4.68%
Spliced Large Cap Index2.92%9.07%31.44% 31.44%15.31%11.61%13.58%
Spliced Market Neutral Index USD0.14%0.46%2.25% 2.25%1.65%1.04%0.55%
Spliced Mega Cap Growth Index3.35%10.46%37.62% 37.62%20.10%13.87%14.91%
Spliced Mega Cap Index3.02%9.50%31.48% 31.48%15.90%12.08%13.66%
Spliced Mega Cap Value Index2.69%8.58%25.76% 25.76%12.14%10.43%12.50%
Spliced Mid Cap Growth Idx2.11%7.48%33.93% 33.93%15.53%10.28%13.46%
Spliced Mid Cap Index2.42%6.88%31.09% 31.09%12.39%9.29%13.13%
Spliced Mid Cap Value Index2.73%6.28%28.05% 28.05%9.51%8.27%12.69%
Spliced NJ Tax-Ex Money Mkt Fds Avg0.07%0.21% 1.06%1.06%0.80%0.50%0.25%
Spliced PA Tax-Ex Money Mkt Fds Avg0.07%0.21% 1.06%1.06%0.80%0.50%0.25%
Spliced Pacific Stock Index3.25%8.02%18.00% 18.00%9.26%6.95%6.24%
Spliced Small and Mid Cap Index2.21%7.59%28.75% 28.75%11.33%9.37%13.13%
Spliced Small Cap Growth Index1.48%9.35%32.75% 32.75%15.13%10.46%13.57%
Spliced Small Cap Index2.19%8.12%27.35% 27.35%10.31%8.86%12.78%
Spliced Small Cap Value Index2.78%7.14%22.76% 22.76%6.40%7.47%11.94%
Spliced Social Index3.32%10.59%34.08% 34.08%17.25%12.53%14.50%

BenchmarkReturns as of 12/31/2019Month End YTD
as of
12/31/2019
Average Annual Total
Returns as of 12/31/2019
1 Month3 Month1 Year3 Year5 Year10 Year
Spliced Total Stock Market Index2.87%9.00%30.84% 30.84%14.56%11.21%13.44%
Spliced Total World Stock Index3.57%9.14%26.91% 26.91%12.48%8.74%9.12%
Spliced US IMI Consumer Stapl 25/502.71%3.71% 26.20%26.20%9.26%8.03%12.24%
Spliced US IMI Energy 25/507.24%5.59%9.42% 9.42%–5.01%–3.13%2.27%
Spliced US IMI Financials 25/502.53%9.76%31.74% 31.74%11.10%11.26%12.42%
Spliced US IMI Health Care 25/503.34%14.87%22.03% 22.03%16.74%10.54%15.26%
Spliced US IMI Industrials 25/500.16%5.85%30.28% 30.28%10.92%9.65%13.61%
Spliced US IMI Materials 25/503.04%6.83%23.80% 23.80%8.15%6.70%9.30%
Spliced US IMI Utilities 25/503.28%0.35%25.03% 25.03%13.74%10.50%12.13%
Spliced Value Index2.73%8.25%25.85%25.85% 11.73%10.09%12.54%
STAR Composite Index2.10%5.75%20.46% 20.46%9.82%7.31%8.42%
Target Retirement 2015 Composite Ix1.29%3.34% 15.08%15.08%7.65%5.78%7.39%
Target Retirement 2020 Composite Ix1.74%4.55% 17.87%17.87%8.88%6.62%8.26%
Target Retirement 2025 Composite Ix2.04%5.36% 19.92%19.92%9.76%7.20%8.83%
Target Retirement 2030 Composite Ix2.31%6.07% 21.34%21.34%10.40%7.61%9.31%
Target Retirement 2035 Composite Ix2.59%6.79% 22.76%22.76%11.04%8.02%9.77%
Target Retirement 2040 Composite Ix2.87%7.50% 24.19%24.19%11.67%8.43%10.14%
Target Retirement 2045 Composite Ix3.12%8.15% 25.37%25.37%12.01%8.66%10.25%

BenchmarkReturns as of 12/31/2019Month End YTD
as of
12/31/2019
Average Annual Total
Returns as of 12/31/2019
1 Month3 Month1 Year3 Year5 Year10 Year
Target Retirement 2050 Composite Ix3.12%8.15% 25.37%25.37%12.01%8.66%10.25%
Target Retirement 2055 Composite Ix3.12%8.15% 25.37%25.37%12.01%8.66%
Target Retirement 2060 Composite Ix3.12%8.15% 25.37%25.37%12.01%8.66%
Target Retirement 2065 Composite Ix3.12%8.15% 25.37%25.37%
Target Retirement Income Compos. Ix1.06%2.72% 13.41%13.41%6.51%4.97%5.97%
Tax-Exempt Money Mkt Funds Average0.08%0.22%1.06% 1.06%0.82%0.52%0.26%
Tax-Managed Balanced Compos. Index1.60%4.88%18.53% 18.53%9.67%7.42%8.81%
US Gov't Money Market Funds Average0.09%0.29% 1.61%1.61%1.06%0.64%0.32%
Wellesley Income Composite Index1.07%2.59%16.08% 16.08%7.16%6.11%7.74%
Wellington Composite Index1.96%6.01%24.40% 24.40%11.75%9.09%10.62%

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