Market Measures

Market MeasuresMonthly Quarterly
Updated Monthly as of 11/30/2014
Index 1
Month
3
Month
YTD
1
Year
3
Year
5
Year
10
Year
20% Barclays U.S. Aggregate Bond Index, 80% S&P Composite 1500 Index 2.16% 2.91% 11.72% 13.86% 17.09% 13.87% 7.77%
40% Barclays U.S. Aggregate Bond Index, 60% S&P Composite 1500 Index 1.80% 2.44% 10.27% 11.70% 13.48% 11.48% 7.17%
70% Barclays U.S. Aggregate Bond Index, 30% S&P Composite 1500 Index 1.25% 1.72% 8.08% 8.47% 8.17% 7.83% 6.08%
Barclays 1-3 Year U.S. Treasury Index 0.15% 0.37% 0.88% 0.74% 0.58% 0.96% 2.59%
Barclays Intermediate U.S. Government/Credit Index 0.50% 0.70% 3.46% 2.80% 2.40% 3.30% 4.20%
Barclays Municipal Bond Index 0.17% 0.96% 8.50% 8.23% 4.78% 5.12% 4.81%
Barclays U.S. Aggregate Bond Index 0.71% 1.01% 5.87% 5.27% 3.00% 4.10% 4.79%
BofA Merrill Lynch 1-Year Treasury Note Index 0.01% 0.06% 0.28% 0.29% 0.27% 0.41% 2.03%
BofA Merrill Lynch 3-Month U.S. Treasury Bill Index 0.00% 0.01% 0.03% 0.05% 0.07% 0.09% 1.57%
BofA Merrill Lynch High Yield Cash Pay Index -0.71% -1.66% 3.99% 4.58% 9.73% 9.84% 7.86%
Citigroup 3-Month Treasury Bill Index 0.00% 0.01% 0.03% 0.04% 0.05% 0.07% 1.48%
Citigroup World Government Bond Index ex-U.S. -1.18% -6.24% -1.68% -2.61% -1.34% -0.14% 2.94%
Dow Jones Industrial Index 2.86% 4.84% 9.92% 13.42% 16.86% 14.41% 8.27%
Dow Jones U.S. Select Dividend Index 0.95% 3.78% 13.68% 15.80% 18.62% 17.49% 7.06%
FTSE EPRA/NAREIT Developed Index 0.87% 0.93% 15.36% 15.59% 16.07% 12.73% 7.42%
MSCI EAFE® Index 1.36% -3.95% -1.49% -0.02% 12.02% 6.38% 5.25%
MSCI Emerging Markets Index -1.06% -7.31% 2.54% 1.06% 5.27% 3.54% 9.45%
NASDAQ Composite Index 3.47% 4.61% 14.73% 18.02% 22.29% 17.44% 8.62%
Russell 1000® Growth Index 3.17% 4.35% 14.24% 17.50% 20.55% 16.77% 9.02%
Russell 1000® Index 2.62% 3.28% 13.50% 16.57% 21.05% 16.25% 8.37%
Russell 1000® Value Index 2.05% 2.19% 12.76% 15.62% 21.45% 15.69% 7.59%
Russell 2000® Growth Index 0.65% 1.16% 2.56% 4.66% 18.89% 18.04% 8.61%
Russell 2000® Index 0.09% 0.23% 1.99% 3.99% 18.36% 16.69% 7.78%
Russell 2000® Value Index -0.46% -0.70% 1.45% 3.36% 17.84% 15.31% 6.85%
Russell 3000® Growth Index 2.98% 4.11% 13.29% 16.45% 20.42% 16.86% 8.99%
Russell 3000® Index 2.42% 3.05% 12.56% 15.53% 20.84% 16.28% 8.32%
Russell 3000® Value Index 1.85% 1.96% 11.83% 14.60% 21.16% 15.66% 7.53%
Russell Midcap® Growth Index 3.29% 3.06% 12.22% 15.80% 20.22% 18.42% 9.97%
Russell Midcap® Index 2.56% 2.19% 12.98% 16.34% 21.27% 18.45% 10.00%
Russell Midcap® Value Index 1.78% 1.27% 13.90% 17.02% 22.18% 18.45% 9.76%
S&P 500 Index 2.69% 3.72% 13.98% 16.86% 20.93% 15.96% 8.06%
S&P Composite 1500 Index 2.52% 3.39% 13.16% 16.03% 20.77% 16.20% 8.26%
S&P Developed ex-U.S. Small Cap Index 0.48% -7.40% -2.53% -0.20% 12.62% 9.05% 7.44%

The Barclays 1-3 Year U.S. Treasury Index measures the performance of short term government bonds issued by the U.S. Treasury. The index includes 2-year and 3-year notes. Investing in an index is not possible.

The Barclays Municipal Bond Index is a widely recognized unmanaged index of municipal bonds with maturities of at least one year. Investing in an index is not possible.

The Barclays U.S. Aggregate Bond Index is an unmanaged index comprised of U.S. investment grade, fixed rate bond market securities, including government, government agency, corporate and mortgage-backed securities between one and ten years.

The Barclays Government 1-3 Year Index is a widely-recognized index of U.S. government obligations with maturities with of least one year. Investing in an index is not possible.

The Barclays Intermediate US Government/Credit Index is the combination of the U.S. Treasury, U.S. Government- Related, and U.S. Corporates Indices and is equivalent to the union of the U.S. Government and U.S. Credit Indices. The index is calculated monthly on price-only and total-return basis. All returns are market value-weighted and inclusive of accrued interest. Investing in an index is not possible.

The BofA Merrill Lynch High Yield Cash Pay Index is an unmanaged index used as a general measure of market performance consisting of fixed-rate, coupon-bearing bonds with an outstanding par which is greater than or equal to $50 million, amaturity range greater than or equal to one year and must be less than BBB/Baa3 rated but not in default. Investing in an index is not possible.

The BofA Merrill Lynch 1-Year U.S. Treasury Note Index is an unmanaged index comprised of a single issue purchased at the beginning of the month and held for a full month. The issue selected at each month-end rebalancing is the outstanding two-year Treasury Note Bill that matures closest to, but not beyond one year from the rebalancing date. Investing in an index is not possible.

The BofA Merrill Lynch 3-Month U.S. Treasury Bill Index is an unmanaged index of Treasury securities maturing in 90 days that assumes reinvestment of all income. Investing in an index is not possible.

The Citigroup 3-Month U.S. Treasury Bill Index tracks the performance of U.S. Treasury bills with a remaining maturity of three months. Investing in an index is not possible.

The Citigroup World Government Bond Index ex-US measures the performance of the most significant and liquid government bond markets globally that carry at least an investment grade rating. Currently, the index includes bonds issued by the governments of 21 developed counties. Investing in an index is not possible.

The Dow Jones Industrial Average Index is a price-weighted average of 30 actively traded blue chip stocks, primarily industrials. Investing in an index is not possible.

The Dow Jones U.S. Select Dividend Index measures 100 leading U.S. dividend-paying companies. Investing in an index is not possible.

The FTSE EPRA/NAREIT Developed Index measures the general trends in eligible real estate equities worldwide. Relevant real estate activities are defined as the ownership, disposure and development of income-producing real estate. Investing in an index is not possible.

The MSCI All Country World ex-United States (U.S.) Index is an unmanaged, capitalization-weighted index composed of companies representative of both developed and emerging markets excluding the United States. Investing in an index is not possible.

The MSCI All Country World Index measures the equity market performance of developed and emerging markets. The MSCI World Index measures the equity market performance of developed markets. Investing in an index is not possible.

The MSCI EAFE Index is a free float-adjusted market capitalization index that is designed to measure developed market equity performance excluding the U.S. and Canada. Investing in an index is not possible.

MSCI EAFE Growth Index is an index in which securities within the MSCI EAFE Index are categorized as growth based on five growth attributes. The objective of the Index design is to divide constituents of the underlying MSCI EAFE Index into a value index and a growth index, each targeting 50% of the free float-adjusted market capitalization of the underlying country index. Investing in an index is not possible.

The MSCI Emerging Markets Index is a free float-adjusted market capitalization index that is designed to measure equity market performance of emerging markets. Investing in an index is not possible.

NASDAQ Composite PR Index measures all NASDAQ domestic and international based common type stocks listed on the NASDAQ Stock Market. Investing in an index is not possible.

The Russell 1000® Growth Index measures the performance of those Russell 1000 companies with higher price-to-book ratios and higher forecasted growth values. Investing in an index is not possible.

The Russell 1000® Index measures the performance of the 1,000 largest companies in the Russell 3000 Index. Investing in an index is not possible.

The Russell 1000® Value Index measures those Russell 1000 companies with lower price-to-book ratios and lower expected growth values. Investing in an index is not possible.

The Russell 2000® Growth Index measures the performance of those Russell 2000 companies with higher price-to-book ratios and higher forecasted growth sales. Investing in an index is not possible.

The Russell 2000® Index measures the performance of the small-cap segment of the U.S. equity universe. Investing in an index is not possible.

The Russell 2000® Value Index measures the performance of those Russell 2000 companies with lower price-to-book ratios and lower forecasted growth values. Investing in an index is not possible.

The Russell 3000® Growth Index measures the performance of those Russell 3000 companies with higher price-to-book ratios and higher forecasted growth values. Investing in an index is not possible.

The Russell 3000® Value Index measures the performance of those Russell 3000 companies with lower price-to-book ratios and lower forecasted growth values. Investing in an index is not possible.

The Russell 3000® Value Index measures the performance of those Russell 3000 companies with lower price-to-book ratios and lower forecasted growth values. Investing in an index is not possible.

The Russell Midcap® Growth Index measures the performance of those Russell Midcap companies with higher price-to-book ratios and higher forecasted growth values. Investing in an index is not possible.

The Russell Midcap® Index measures the performance of the 800 smallest companies in the Russell 1000 Index. Investing in an index is not possible.

The Russell MidCap® Value Index measures the performance of those Russell Midcap companies with lower price-to-book ratios and lower forecasted growth values. Investing in an index is not possible.

The Standard & Poor's Composite 1500 Index is an unmanaged, broad market index representing the large-cap, mid-cap, and small-cap segments of the U.S. equity market.

The S&P 500 Healthcare Index is a widely-recognized, equally-weighted index, adjusted for capital gains distribution and income dividends, of securities of companies engaged in the healthcare/biotechnology and medical industries. Investing in an index is not possible.

The S&P 500® Index is a group of 500 widely held stocks and is commonly regarded to be representative of the large capitalization stock universe. Investing in an index is not possible.

All Russell® Indices are trademarks/service marks of the Frank Russell Company. Russell® is a trademark of the Frank Russell Company. The Frank Russell Company (FRC) is the source and owner of the data contained or reflected in this material and all trademarks and copyrights related thereto. The material may contain confidential information and unauthorized use, disclosure, copying, dissemination or redistribution is strictly prohibited. This is a Touchstone Investments presentation of the data, and FRC is not responsible for the formatting or configuration of this material or for any inaccuracy in the presentation thereof.

Source: MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used to create indices or financial products. This report is not approved or produced by MSCI.

Updated Quarterly as of 9/30/2014
Index 1
Year
3
Year
5
Year
10
Year
20% Barclays U.S. Aggregate Bond Index, 80% S&P Composite 1500 Index 15.57% 18.68% 13.54% 7.79%
40% Barclays U.S. Aggregate Bond Index, 60% S&P Composite 1500 Index 12.62% 14.50% 11.25% 7.14%
70% Barclays U.S. Aggregate Bond Index, 30% S&P Composite 1500 Index 8.24% 8.37% 7.73% 5.99%
Barclays 1-3 Year U.S. Treasury Index 0.50% 0.48% 1.04% 2.53%
Barclays Intermediate U.S. Government/Credit Index 2.20% 2.01% 3.42% 4.05%
Barclays Municipal Bond Index 7.93% 4.56% 4.67% 4.72%
Barclays U.S. Aggregate Bond Index 3.96% 2.43% 4.12% 4.62%
BofA Merrill Lynch 1-Year Treasury Note Index 0.26% 0.28% 0.46% 2.03%
BofA Merrill Lynch 3-Month U.S. Treasury Bill Index 0.05% 0.07% 0.10% 1.59%
BofA Merrill Lynch High Yield Cash Pay Index 7.14% 10.86% 10.34% 8.12%
Citigroup 3-Month Treasury Bill Index 0.04% 0.05% 0.08% 1.51%
Citigroup World Government Bond Index ex-U.S. -0.99% -1.13% 1.01% 3.99%
Dow Jones Industrial Index 15.29% 19.02% 14.85% 8.15%
Dow Jones U.S. Select Dividend Index 15.34% 19.68% 16.81% 7.01%
FTSE EPRA/NAREIT Developed Index 6.71% 15.63% 11.26% 7.83%
MSCI EAFE® Index 4.25% 13.65% 6.56% 6.32%
MSCI Emerging Markets Index 4.30% 7.19% 4.42% 10.68%
NASDAQ Composite Index 19.14% 22.99% 16.18% 9.01%
Russell 1000® Growth Index 19.15% 22.45% 16.50% 8.94%
Russell 1000® Index 19.01% 23.23% 15.90% 8.46%
Russell 1000® Value Index 18.89% 23.93% 15.26% 7.84%
Russell 2000® Growth Index 3.79% 21.91% 15.51% 9.03%
Russell 2000® Index 3.93% 21.26% 14.29% 8.19%
Russell 2000® Value Index 4.13% 20.61% 13.03% 7.25%
Russell 3000® Growth Index 17.87% 22.41% 16.43% 8.95%
Russell 3000® Index 17.76% 23.08% 15.78% 8.44%
Russell 3000® Value Index 17.66% 23.67% 15.08% 7.79%
Russell Midcap® Growth Index 14.43% 22.74% 17.12% 10.24%
Russell Midcap® Index 15.83% 23.79% 17.19% 10.34%
Russell Midcap® Value Index 17.46% 24.72% 17.24% 10.17%
S&P 500 Index 19.73% 22.99% 15.70% 8.11%
S&P Composite 1500 Index 18.57% 22.96% 15.78% 8.34%
S&P Developed ex-U.S. Small Cap Index 4.86% 14.46% 9.17% 8.78%

The Barclays 1-3 Year U.S. Treasury Index measures the performance of short term government bonds issued by the U.S. Treasury. The index includes 2-year and 3-year notes. Investing in an index is not possible.

The Barclays Municipal Bond Index is a widely recognized unmanaged index of municipal bonds with maturities of at least one year. Investing in an index is not possible.

The Barclays Intermediate US Government/Credit Index is the combination of the U.S. Treasury, U.S. Government- Related, and U.S. Corporates Indices and is equivalent to the union of the U.S. Government and U.S. Credit Indices. The index is calculated monthly on price-only and total-return basis. All returns are market value-weighted and inclusive of accrued interest. Investing in an index is not possible.

The Citigroup World Government Bond Index ex-US measures the performance of the most significant and liquid government bond markets globally that carry at least an investment grade rating. Currently, the index includes bonds issued by the governments of 21 developed counties. Investing in an index is not possible.

The Citigroup 3-Month U.S. Treasury Bill Index tracks the performance of U.S. Treasury bills with a remaining maturity of three months. Investing in an index is not possible.

The Dow Jones Industrial Average Index is a price-weighted average of 30 actively traded blue chip stocks, primarily industrials. Investing in an index is not possible.

The Dow Jones U.S. Select Dividend Index measures 100 leading U.S. dividend-paying companies. Investing in an index is not possible.

The BofA Merrill Lynch High Yield Cash Pay Index is an unmanaged index used as a general measure of market performance consisting of fixed-rate, coupon-bearing bonds with an outstanding par which is greater than or equal to $50 million, amaturity range greater than or equal to one year and must be less than BBB/Baa3 rated but not in default. Investing in an index is not possible.

The MSCI All Country World Index measures the equity market performance of developed and emerging markets. The MSCI World Index measures the equity market performance of developed markets. Investing in an index is not possible.

The MSCI Emerging Markets Index is a free float-adjusted market capitalization index that is designed to measure equity market performance of emerging markets. Investing in an index is not possible.

The MSCI All Country World ex-United States (U.S.) Index is an unmanaged, capitalization-weighted index composed of companies representative of both developed and emerging markets excluding the United States. Investing in an index is not possible.

The MSCI EAFE Index is a free float-adjusted market capitalization index that is designed to measure developed market equity performance excluding the U.S. and Canada. Investing in an index is not possible.

MSCI EAFE Growth Index is an index in which securities within the MSCI EAFE Index are categorized as growth based on five growth attributes. The objective of the Index design is to divide constituents of the underlying MSCI EAFE Index into a value index and a growth index, each targeting 50% of the free float-adjusted market capitalization of the underlying country index. Investing in an index is not possible.

NASDAQ Composite PR Index measures all NASDAQ domestic and international based common type stocks listed on the NASDAQ Stock Market. Investing in an index is not possible.

The Russell 1000® Growth Index measures the performance of those Russell 1000 companies with higher price-to-book ratios and higher forecasted growth values. Investing in an index is not possible.

The Russell 1000® Index measures the performance of the 1,000 largest companies in the Russell 3000 Index. Investing in an index is not possible.

The Russell 1000® Value Index measures those Russell 1000 companies with lower price-to-book ratios and lower expected growth values. Investing in an index is not possible.

The Russell 2000® Growth Index measures the performance of those Russell 2000 companies with higher price-to-book ratios and higher forecasted growth sales. Investing in an index is not possible.

The Russell 2000® Index measures the performance of the small-cap segment of the U.S. equity universe. Investing in an index is not possible.

The Russell 2000® Value Index measures the performance of those Russell 2000 companies with lower price-to-book ratios and lower forecasted growth values. Investing in an index is not possible.

The Russell 3000® Growth Index measures the performance of those Russell 3000 companies with higher price-to-book ratios and higher forecasted growth values. Investing in an index is not possible.

The Russell 3000® Value Index measures the performance of those Russell 3000 companies with lower price-to-book ratios and lower forecasted growth values. Investing in an index is not possible.

The Russell 3000® Value Index measures the performance of those Russell 3000 companies with lower price-to-book ratios and lower forecasted growth values. Investing in an index is not possible.

The Russell Microcap® Index measures the performance of the smallest 1,000 securities in the Russell 2000® Index plus the next 1,000 securities. Investing in an index is not possible.

The Russell Midcap® Index measures the performance of the 800 smallest companies in the Russell 1000 Index. Investing in an index is not possible.

The Russell Midcap® Growth Index measures the performance of those Russell Midcap companies with higher price-to-book ratios and higher forecasted growth values. Investing in an index is not possible.

The Russell MidCap® Value Index measures the performance of those Russell Midcap companies with lower price-to-book ratios and lower forecasted growth values. Investing in an index is not possible.

The Standard & Poor's Composite 1500 Index is an unmanaged, broad market index representing the large-cap, mid-cap, and small-cap segments of the U.S. equity market.

The S&P 500® Index is a group of 500 widely held stocks and is commonly regarded to be representative of the large capitalization stock universe. Investing in an index is not possible.

The S&P 500 Healthcare Index is a widely-recognized, equally-weighted index, adjusted for capital gains distribution and income dividends, of securities of companies engaged in the healthcare/biotechnology and medical industries. Investing in an index is not possible.

All Russell® Indices are trademarks/service marks of the Frank Russell Company. Russell® is a trademark of the Frank Russell Company. The Frank Russell Company (FRC) is the source and owner of the data contained or reflected in this material and all trademarks and copyrights related thereto. The material may contain confidential information and unauthorized use, disclosure, copying, dissemination or redistribution is strictly prohibited. This is a Touchstone Investments presentation of the data, and FRC is not responsible for the formatting or configuration of this material or for any inaccuracy in the presentation thereof.

Source: MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used to create indices or financial products. This report is not approved or produced by MSCI.