The Market- Stock and Bonds

Annual Returns by Asset Class
Each cell in the table represents the return of a specific asset class (e.g., U.S. stocks, international stocks, bonds, real estate, commodities) for a given year.

Relative Performance
Asset classes are ranked from highest to lowest return for each year, making it easy to see which performed best and worst annually.

Volatility and Variability
The table highlights how asset class performance can vary dramatically from year to year, emphasizing the unpredictability of markets.

Source: Morningstar® Direct
This example is for illustrative purposes only. Performance data quoted represents past performance. Past performance does not guarantee future returns. Investors should note that diversification does not assure against market loss and that there is no guarantee that a diversified portfolio will outperform a nondiversified portfolio. The return and value of investment products will fluctuate with market conditions. Indices are unmanaged and investors cannot invest directly in an index. The above asset classes are represented by the following indices: Large-Cap Growth—Russell 1000 Growth; Large-Cap Value—Russell 1000 Value; Mid-Cap Growth—Russell Midcap Growth; Mid-Cap Value—Russell Midcap Value; Small-Cap Growth—Russell 2000 Growth; Small-Cap Value—Russell 2000 Value; International—MSCI EAFE; Emerging Markets—MSCI Emerging Markets; Intermediate-Term Bond—Bloomberg U.S. Aggregate Bond Index; Short-Term Bond—Bank of America Merrill Lynch U.S. Treasuries 1–3 Yr TR USD; Muni National Intermediate—Bloomberg U.S. Municipal Bond; Real Estate—MSCI U.S. REIT; High-Yield—Bank of America U.S. High Yield Master II; Money Market—Bank of America U.S. 3-Month T-Bill; Core Fixed Income—Bloomberg US Agg Bond TR USD.
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