Matrix Book 2019: Historical Returns Data-Us Dollars

M AT R I X B O O K 2 0 1 9
H I S T O R I C A L R E T U R N S D ATA — U S D O L L A R S
19 9 9
2000
2 0 01
20 02
2003
2004
2005
2006
2 0 07
2008
2009
2 010
2 011
2 012
2 013
2 014
2 015
2 016
2 017
2 018
ON THE COVER Dimensional invests in equities across more than 40 countries around the globe.
Returns among these countries vary widely from year to year. On the front cover,
each year on the left connects with that year’s highest-performing country.
Over the last 20 years, no country has repeated as the top performer in
consecutive years. The randomness of global equity returns illustrates the
difficulty of predicting future performance based on the past.
Australia
Austria
Belgium
Brazil
Canada
Chile
China
Colombia
Czech Republic
Denmark
Egypt
Finland
France
Germany M AT R I X B O O K 2 0 1 9
Hong Kong H I S T O R I C A L R E T U R N S D ATA — U S D O L L A R S
Hungary
India
Indonesia
Ireland
Italy
Japan
Korea
Malaysia
Mexico
Netherlands
New Zealand
Norway
Peru
Philippines
Poland
Portugal
Russia
Singapore
South Africa
Spain
Sweden
Switzerland
Taiwan
Thailand
Turkey
United Kingdom
United States
The INVESTMENT OPPORTUNITIES EXIST ALL AROUND THE GLOBE. Across
R ANDOMN ESS of
more than 40 countries, there are over 15,000 publicly traded companies. If you
listen to the news, however, some countries may seem like better places to invest
than others based on how their economies and stock markets are doing at the
GLOBAL EQUITY time. Fluctuations in performance from year to year only add to the complexity,
providing little useful information about future returns.
RETURNS Daunted by the prospects of sorting it out, some investors look to the place they
know best—their home market. There can be good reasons, such as tax benefits,
for prioritizing an investment close to home, but too much home bias could mean
underweighting or missing out on part of the investment universe.
Australia, for example, represents 2% of the global equity market. An Australian

who aims to build a global equity portfolio may have cause for investing a greater
amount at home. However, this would come with the tradeoff of reduced
investment in other countries. The same is true for a Japanese investor, whose
home country represents 8% of the global equity market. Even the US equity
market—the world’s largest by far—is only about half of the global opportunity set.
Fortunately, no one needs to be an expert in every region to benefit from the

opportunities those regions present. Equity markets process information
continuously, leveraging knowledge from millions of buyers and sellers each day
AUSTRALIA JAPAN BRAZIL MALAYSIA
AUSTRIA NETHERLANDS CHILE MEXICO as they set security prices. Investors can trust market prices to provide an up-to-
BELGIUM NEW ZEALAND CHINA PERU the-minute snapshot of global investment opportunities.
CANADA NORWAY
COLOMBIA PHILIPPINES
DENMARK PORTUGAL
CZECH REPUBLIC POLAND Because prices do such a good job incorporating information about securities in
FINLAND SINGAPORE
EGYPT RUSSIA
FRANCE SPAIN every market, they also offer the best prediction of future prospects. No sensible
HUNGARY SOUTH AFRICA
GERMANY SWEDEN
INDIA TAIWAN story or compelling empirical research suggests investors can consistently
HONG KONG SWITZERLAND
IRELAND UNITED KINGDOM INDONESIA THAILAND outguess those prices and pick winning countries. A well-diversified global
ITALY UNITED STATES KOREA TURKEY
portfolio can help capture the returns of markets around the world and
deliver more reliable outcomes over time.
Number of countries and publicly traded companies data provided by Bloomberg.

Reading the Checkerboard
These tables illustrate 20 years of annual equity returns for developed and emerging Consider the performance of the US and Denmark, shown below. Is it immediately
markets. (Full-size tables and data sources.) Each color represents a different country. clear which country had the higher return over the past two decades?
Each column is sorted top down, from the highest-performing country to the lowest.
Denmark, in fact, was the best performer among all developed markets, with an
Taken together, these tables powerfully demonstrate the randomness of global equity annualized return of 9.1%. Surprisingly perhaps, Denmark had the best calendar year
returns. In either table, pick a color in the first column and follow it through return only once, in 2015. The US, despite some strong returns in the last several years,
to the right. Does any country seem to follow a pattern that gives clues about its placed ninth overall with an annualized return of 4.9%.
future performance?
Developed Markets Annual Returns Emerging Markets Annual Returns Who Performed Better over the 20-Year Period?
DENMARK
HIGH
HIGH
UNITED STATES
Denmark’s annualized return outpaced

the US by about 4% over the entire
period. Bear in mind, Denmark
represents less than 1% of the global
market cap available to investors.
RETURNS
RETURNS
LOW
LOW
1999 2018 1999 2018 1999 2018
From First to Worst Now, the Good News
Denmark also provides an example of the unpredictability in short-term results. After This evidence of the randomness in global equity returns, though, is not bad news
posting the highest developed market return in 2015, Denmark had the lowest return for investors. Rather than trying to guess which country is going to outperform
in 2016. Countries have also moved in the opposite direction, from worst to first, in when, investors committed to a well-structured, globally diversified portfolio are
consecutive years. In 2000, New Zealand had the lowest return among developed better positioned to capture the performance of the global markets, where and
markets followed by the highest return in both 2001 and 2002. In emerging markets, when it occurs.
Hungary and Russia went from the bottom two performers in 2014 to the top two
A globally diversified approach can deliver more reliable outcomes over time with
performers in 2015.
less volatility than investing in individual countries. This can help investors stay
on track, through all kinds of markets, toward their long-term goals.
Going to Extremes
In a single year, the difference between the return of the highest-performing country Developed Markets A Picture of Growth
and the lowest can be dramatic. Among developed markets over the last 20 years, the Growth of $1, 1999–2018
Smallest range of Largest range of
Dimensional
difference between the best and worst performers has ranged from a low of 24% in outcomes in a year outcomes in a year
Global Market Index
FINLAND NORWAY
2018 to as much as 81% in 2009. The differences in emerging markets are even more Over the last 20 years, every dollar
pronounced, ranging from 39% in 2013 to 160% in 2005. In fact, the difference in
-3 % 87% invested in a globally diversified
strategy, shown here by the
emerging markets has exceeded 100% in several years. Dimensional Global Market Index,
nearly tripled.
These extreme differences in outcomes, combined with the examples of countries

-27% 6% $3
AUSTRIA JAPAN
that experienced sharp reversals in their return rankings, highlight the risk of trying
to predict future returns by looking at the past and emphasize the importance of 24% 81%
diversification across countries. $2
Emerging Markets
Smallest range of Largest range of
outcomes in a year outcomes in a year
$1 2018
TAIWAN EGYPT
9% 162%
-30% 2%
PERU MALAYSIA
1999
39% 160%
In USD. Past performance is not a guarantee of future results.

Indices are not available for direct investment; therefore, their performance does not reflect the expenses associated with the management of an actual portfolio.
Diversification does not eliminate the risk of market loss. Investing risks include loss of principal and fluctuating value. International investing involves special risks, such as currency fluctuation and political
instability. Investing in emerging markets may accentuate these risks. There is no guarantee an investing strategy will be successful.
Data presented in the Growth of $1 charts is hypothetical and assumes reinvestment of income and no transaction costs or taxes. The charts are for illustrative purposes only and are not indicative of any investment.
Table of Contents
Feature Story: The Randomness of Global Equity Returns MSCI Emerging Markets Small Cap Index 1995–2018
How to Use This Book Dimensional Emerging Markets Adjusted Market Index 1994–2018
Annualized Rates of Returns (%) Dimensional Emerging Markets Value Index 1989–2018
CRSP 1–10 Index 1926–2018 Dimensional Emerging Markets Growth Index 1994–2018
S&P 500 Index 1926–2018 Dimensional Emerging Markets Small Index 1989–2018
Dimensional US Adjusted Market 1 Index 1928–2018 FTSE US Government Bond Index 1–3 Years 1986–2018
Dimensional US Adjusted Market 2 Index 1928–2018 FTSE US Government Bond Index 3–7 Years 1986–2018
Dimensional US Adjusted Market Value Index 1928–2018 One-Month US Treasury Bills 1926–2018
Russell 3000 Index 1979–2018 Long-Term Government Bonds 1926–2018
Russell 1000 Index 1979–2018 Long-Term Corporate Bonds 1926–2018
Russell 1000 Value Index 1979–2018 Bloomberg Barclays US Aggregate Bond Index 1976–2018
Russell 1000 Growth Index 1979–2018 Bloomberg Barclays US Government/Credit Bond Index Intermediate 1973–2018
Dimensional US Adjusted Large Cap Equity Index 1928–2018 Dimensional US Adjusted Investment Grade Index 1990–2018
Dimensional US Large Cap Value Index 1928–2018 FTSE World Government Bond Index 1–3 Years (Hedged to USD) 1986–2018
Dimensional US Large Cap Growth Index 1975–2018 FTSE World Government Bond Index 3–7 Years (Hedged to USD) 1986–2018
Dimensional US Large Cap High Profitability Index 1975–2018 Bloomberg Barclays Global Aggregate Bond Index (Hedged to USD) 1990–2018
Russell 2000 Index 1979–2018 Dimensional Global Short-Term Government Variable Maturity Index 1985–2018
Russell 2000 Value Index 1979–2018 Dimensional Global Intermediate-Term Government Variable Maturity Index 1985–2018
Russell 2000 Growth Index 1979–2018 Dimensional Global Adjusted Fixed Income Market Index 2000–2018
Dimensional US Small Cap Growth Index 1975–2018 Dow Jones US Select REIT Index 1978–2018
Dimensional US Small Cap Index 1928–2018 S&P Global ex US REIT Index 1990–2018
Dimensional US Small Cap Value Index 1928–2018 Bloomberg Barclays Municipal Bond Index 1980–2018
Dimensional US Targeted Value Index 1928–2018 Bloomberg Commodity Total Return Index 1992–2018
MSCI World ex USA Index 1970–2018 Bloomberg Barclays US TIPS Index 1998–2018
MSCI All Country World ex USA Index 1988–2018 Bloomberg Barclays US TIPS Index (Inflation Adjusted) 1998–2018
Dimensional International Adjusted Market Index 1990–2018 Inflation: US Consumer Price Index 1926–2018
Dimensional International Vector Index 1990–2018 S&P 500 Index (Inflation Adjusted) 1926–2018
Dimensional International Large Value Index 1990–2018 One-Month US Treasury Bills (Inflation Adjusted) 1926–2018
Dimensional International Large Cap Growth Index 1990–2018 Global Strategies 1994–2018
Dimensional International Large Cap High Profitability Index 1990–2018 Balanced Strategy 1973–2018
MSCI World ex USA Small Cap Index 1999–2018 World Equity Market Capitalization
Dimensional International Small Cap Index 1970–2018 Global Bond Market
Dimensional International Small Cap Value Index 1982–2018 The Randomness of Global Equity Returns
Dimensional International Small Cap Growth Index 1990–2018 Sources and Descriptions of Data
MSCI Emerging Markets Index 1988–2018

How to Use This Book Annualized Rates of Returns (%)
1 Year 5 Years 10 Years 15 Years 20 Years 50 Years 80 Years
2018 2014–2018 2009–2018 2004–2018 1999–2018 1969–2018 1939–2018
CRSP 1–10 Index −5.0 7.7 13.3 8.1 6.1 9.7 10.7
S&P 500 Index −4.4 8.5 13.1 7.8 5.6 9.8 10.7
Dimensional US Adjusted Market 1 Index −6.6 7.3 13.7 8.6 7.5 10.6 11.7
Dimensional US Adjusted Market 2 Index −8.5 6.5 13.5 8.5 8.0 11.1 12.2
For example, to find the annualized compound rate of return for Dimensional US Adjusted Market Value Index −11.8 4.8 13.4 8.1 9.0 11.7 13.2
the Dimensional US Large Cap Value Index for the interval 1999–2007: Russell 3000 Index −5.2 7.9 13.2 7.9 6.0 — —
Russell 1000 Index −4.8 8.2 13.3 7.9 5.9 — —
Russell 1000 Value Index −8.3 5.9 11.2 7.0 6.2 — —
1 Locate the column for the first year of the interval (1999). Russell 1000 Growth Index −1.5 10.4 15.3 8.7 5.1 — —
Years are labeled at the top and bottom of each column. Dimensional US Adjusted Large Cap Equity Index −5.9 7.7 13.5 8.4 6.8 10.6 11.1
Dimensional US Large Cap Value Index −14.0 5.1 12.5 6.8 7.3 12.1 12.9
Dimensional US Large Cap Growth Index −2.7 9.9 14.6 9.6 6.5 — —
2 Locate the row for the last year of the interval (2007). Dimensional US Large Cap High Profitability Index −3.4 9.1 14.3 9.5 7.4 — —
Years are labeled at the beginning of each row. Russell 2000 Index −11.0 4.4 12.0 7.5 7.4 — —
Russell 2000 Value Index −12.9 3.6 10.4 6.9 8.2 — —
Russell 2000 Growth Index −9.3 5.1 13.5 8.0 6.1 — —
3 The return can be found where the first year’s column meets the last year’s row. Dimensional US Small Cap Growth Index −12.3 4.9 13.9 9.3 9.3 — —
In this example, the Dimensional US Large Cap Value Index had a compound rate Dimensional US Small Cap Index −12.8 4.2 13.6 8.6 10.3 11.3 13.3
of return of 9.3% per year for the nine-year period. Dimensional US Small Cap Value Index −13.4 3.9 14.0 8.4 11.3 13.6 15.7
Dimensional US Targeted Value Index −13.9 3.6 13.9 8.6 10.8 13.0 14.6
MSCI World ex USA Index −13.6 0.8 6.8 5.3 4.1 — —
MSCI All Country World ex USA Index −13.8 1.1 7.1 5.7 4.6 — —
Dimensional International Adjusted Market Index −16.4 1.9 8.7 6.8 6.8 — —
Dimensional International Vector Index −17.9 2.1 9.2 7.1 7.5 — —
Dimensional International Large Value Index −17.3 0.9 7.8 5.6 6.3 — —
Dimensional International Large Cap Growth Index −13.6 1.3 7.6 6.2 4.5 — —
Dimensional International Large Cap High Profitability Index −12.9 1.7 8.0 6.6 5.7 — —
MSCI World ex USA Small Cap Index −17.8 2.6 10.5 7.3 7.6 — —
Dimensional International Small Cap Index −18.8 2.4 10.4 7.9 8.6 — —
Dimensional International Small Cap Value Index −19.4 1.6 9.9 8.2 10.1 — —
Dimensional International Small Cap Growth Index −17.6 3.6 12.0 8.6 7.8 — —
1996 1 MSCI Emerging Markets Index −14.2 2.0 8.4 8.3 8.8 — —
1996 27.1 1997 MSCI Emerging Markets Small Cap Index −18.3 1.3 10.2 8.5 8.3 — —
1997 32.6 38.4 1998 Dimensional Emerging Markets Adjusted Market Index −14.4 2.6 9.9 9.8 10.7 — —
1998 23.9 22.4 8.3 1999 Dimensional Emerging Markets Value Index −10.9 2.3 9.5 10.4 13.0 — —
Dimensional Emerging Markets Growth Index −15.1 3.1 10.7 10.2 10.9 — —
1999 19.9 17.5 8.3 8.4 2000
Dimensional Emerging Markets Small Index −16.8 3.2 11.6 10.2 11.0 — —
2000 18.4 16.3 9.8 10.5 12.7 2001 FTSE US Government Bond Index 1–3 Years 1.6 0.8 0.9 1.9 2.8 — —
2001 15.6 13.5 8.0 7.9 7.7 2.8 2002 FTSE US Government Bond Index 3–7 Years 1.5 1.8 2.2 3.4 4.2 — —
2002 11.1 8.7 3.5 2.4 0.5 -5.1 -12.5 2003 One-Month US Treasury Bills 1.8 0.6 0.3 1.2 1.8 4.7 3.6
Long-Term Government Bonds −0.6 5.9 3.7 5.8 6.0 7.8 5.6
2003 14.1 12.4 8.6 8.6 8.7 7.4 9.7 37.6 2004
Long-Term Corporate Bonds −5.4 5.6 6.3 6.2 6.4 8.0 5.8
2004 14.7 13.3 10.1 10.4 10.8 10.3 12.9 28.2 19.4 2005
Bloomberg Barclays US Aggregate Bond Index 0.0 2.5 3.5 3.9 4.5 — —
2005 14.2 12.9 10.0 10.3 10.6 10.2 12.1 21.7 14.5 9.7 2006 Bloomberg Barclays US Government/Credit Bond Index Intermediate 0.9 1.9 2.9 3.3 4.2 — —
2006 14.9 13.8 11.3 11.7 12.2 12.1 14.0 21.8 17.0 15.8 22.2 2007 Dimensional US Adjusted Investment Grade Index 0.5 2.5 4.0 4.1 4.9 — —
2 2007 12.8 11.5 9.2 9.3 9.4 8.9 9.9 15.1 10.0 7.1 5.8 -8.4 2008 FTSE World Government Bond Index 1–3 Years (Hedged to USD) 2.1 1.2 1.3 2.2 2.9 — —
FTSE World Government Bond Index 3–7 Years (Hedged to USD) 2.2 2.4 2.6 3.5 4.0 — —
2008 7.0 5.4 2.9 2.3 1.7 0.4 0.1 2.3 -3.6 -8.6 -14.0 -27.8 -43.1 2009
Bloomberg Barclays Global Aggregate Bond Index (Hedged to USD) 1.8 3.4 3.8 4.1 4.6 — —
2009 8.4 7.1 4.8 4.5 4.1 3.2 3.3 5.8 1.2 -2.1 -4.8 -12.4 -14.4 28.9 2010 Dimensional Global Short-Term Government Variable Maturity Index 1.3 1.8 2.5 3.4 4.1 — —
2010 9.2 8.0 6.0 5.8 5.5 4.8 5.1 7.5 3.8 1.4 -0.2 -5.2 -4.1 24.6 20.4 2011 Dimensional Global Intermediate-Term Government Variable Maturity Index 2.7 3.2 3.5 4.7 5.3 — —
2011 8.4 7.2 5.3 5.1 4.8 4.1 4.2 6.3 2.9 0.7 -0.7 -4.7 -3.8 14.7 8.2 -2.8 2012 Dimensional Global Adjusted Fixed Income Market Index 0.3 5.0 6.9 5.6 — — —
2012 9.0 8.0 6.2 6.1 5.9 5.4 5.6 7.6 4.7 3.0 2.1 -0.9 0.6 16.1 12.1 8.1 20.2 2013 Dow Jones US Select REIT Index −4.2 7.9 12.0 8.1 9.8 — —
S&P Global ex US REIT Index −6.5 4.3 10.0 6.4 8.1 — —
2013 10.5 9.6 8.0 8.0 8.0 7.7 8.1 10.2 7.7 6.5 6.1 4.0 6.2 20.4 18.3 17.6 29.4 39.3 2014
Bloomberg Barclays Municipal Bond Index 1.3 3.8 4.9 4.1 4.6 — —
2014 10.4 9.6 8.1 8.1 8.0 7.7 8.1 10.0 7.8 6.7 6.4 4.5 6.5 18.3 16.3 15.3 22.0 22.9 8.5 2015 Bloomberg Commodity Total Return Index −11.2 −8.8 −3.8 −2.5 1.8 — —
2015 9.6 8.8 7.3 7.3 7.2 6.8 7.1 8.8 6.7 5.6 5.2 3.5 5.1 14.7 12.5 10.9 14.7 12.9 1.6 -4.9 2016 Bloomberg Barclays US TIPS Index −1.3 1.7 3.6 3.8 5.2 — —
2016 10.3 9.5 8.1 8.1 8.1 7.8 8.2 9.8 8.0 7.0 6.8 5.4 7.0 15.8 14.1 13.1 16.5 15.6 8.7 8.8 24.4 2017 Bloomberg Barclays US TIPS Index (Inflation Adjusted) −3.1 0.2 1.8 1.7 3.0 — —
Inflation: US Consumer Price Index 1.9 1.5 1.8 2.1 2.2 4.0 3.7
2017 10.5 9.8 8.5 8.5 8.5 8.3 8.7 10.2 8.5 7.7 7.5 6.3 7.9 15.9 14.3 13.5 16.5 15.7 10.5 11.1 20.1 16.0 2018
S&P 500 Index (Inflation Adjusted) −6.2 6.9 11.1 5.6 3.4 5.6 6.8
2018 9.3 8.6 7.3 7.3 7.2 6.9 7.2 8.5 6.8 6.0 5.7 4.4 5.7 12.5 10.8 9.6 11.5 10.1 5.1 4.2 7.4 -0.1 -14.0 One-Month US Treasury Bills (Inflation Adjusted) −0.1 −0.9 −1.5 −0.9 −0.4 0.7 0.0
1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Dimensional Global 25/75 Index −1.6 2.3 4.5 4.3 4.8 — —
Dimensional Global 60/40 Index −6.0 3.8 8.2 6.5 6.7 — —
Dimensional Global Equity Index −11.2 4.8 11.6 7.9 7.7 — —
3 Dimensional Fixed Income Balanced Strategy Index 1.9 1.1 1.2 2.2 2.9 — —
Dimensional 20/80 Balanced Strategy Index −0.8 2.0 3.6 3.6 4.3 — —
Dimensional Equity Balanced Strategy Index −11.6 5.1 12.3 8.2 8.8 — —
Past performance is no guarantee of future results. Indices are not available for direct investment. Their performance does not reflect the expenses associated with the management of an actual portfolio.
1926
1926 8.4 1927
1927 20.3 33.5 1928
1928
1929
26.0
14.2
35.9
16.1
38.4
8.3
1929
-15.2 1930
CRSP 1–10 Index
1930 3.9 2.8 -5.8 -22.3 -28.8 1931 1926–2018: Total Returns (%)
1931 -6.2 -8.8 -17.1 -30.1 -36.6 -43.5 1932
1932 -6.5 -8.8 -15.5 -25.3 -28.4 -28.2 -8.6 1933
1933 -0.3 -1.5 -6.3 -13.4 -12.9 -6.8 19.6 56.7 1934
1934 0.2 -0.8 -4.9 -10.7 -9.7 -4.2 14.2 27.7 4.1 1935 Growth of $1
$100,000
1935 3.9 3.4 0.2 -4.3 -2.4 4.0 21.1 33.0 22.6 44.4 1936
1936 6.2 6.0 3.3 -0.4 2.0 8.2 23.3 32.9 25.8 38.2 32.3 1937 $5,725
$10,000
1937 2.0 1.4 -1.3 -4.9 -3.6 0.7 10.9 15.3 6.7 7.6 -7.1 -34.7 1938
1938 3.8 3.4 1.1 -2.1 -0.5 3.8 13.2 17.3 10.7 12.4 3.4 -8.5 28.2 1939
1939 3.7 3.4 1.2 -1.6 -0.2 3.7 11.8 15.1 9.4 10.4 3.3 -4.9 14.8 2.8 1940 $1,000
1940 3.0 2.6 0.5 -2.1 -0.8 2.5 9.6 12.1 6.8 7.3 1.1 -5.5 7.0 -2.3 -7.1 1941
1941 2.1 1.7 -0.3 -2.7 -1.6 1.3 7.4 9.4 4.6 4.6 -0.8 -6.4 2.4 -4.9 -8.6 -10.1 1942 $100
1942 2.9 2.6 0.8 -1.5 -0.4 2.5 8.2 10.0 5.8 6.0 1.4 -3.0 5.0 -0.1 -1.0 2.2 16.1 1943
1943 4.2 3.9 2.3 0.3 1.5 4.3 9.7 11.6 7.9 8.3 4.5 1.0 8.6 5.1 5.7 10.3 22.1 28.4 1944 $10
1944 5.0 4.8 3.3 1.5 2.7 5.4 10.6 12.4 9.0 9.5 6.2 3.4 10.4 7.7 8.6 13.0 21.9 24.9 21.5 1945
1945 6.5 6.4 5.0 3.3 4.6 7.4 12.4 14.2 11.2 11.9 9.1 6.8 13.5 11.6 13.1 17.7 25.9 29.3 29.7 38.5 1946 $1
1946 5.8 5.7 4.4 2.8 4.0 6.5 11.0 12.6 9.8 10.3 7.6 5.4 11.2 9.2 10.1 13.3 18.7 19.3 16.4 14.0 -6.2 1947
1947 5.7 5.6 4.4 2.8 3.9 6.3 10.6 12.0 9.3 9.7 7.3 5.2 10.4 8.6 9.3 11.9 16.0 16.0 13.1 10.4 -1.4 3.6 1948 $0
1948 5.6 5.4 4.3 2.8 3.8 6.0 10.1 11.3 8.8 9.2 6.9 5.0 9.6 7.9 8.5 10.6 13.9 13.6 10.8 8.3 -0.3 2.8 2.1 1949 1926 2018
1949 6.1 6.0 4.9 3.6 4.6 6.7 10.6 11.8 9.5 9.9 7.8 6.1 10.4 9.0 9.6 11.6 14.7 14.5 12.3 10.6 4.5 8.3 10.8 20.2 1950 See Sources and Descriptions of Data.
1950 7.0 6.9 5.9 4.6 5.7 7.8 11.5 12.8 10.6 11.0 9.1 7.6 11.8 10.6 11.3 13.3 16.3 16.3 14.6 13.5 9.1 13.3 16.7 24.8 29.6 1951
1951 7.5 7.5 6.5 5.3 6.3 8.4 12.0 13.2 11.1 11.6 9.8 8.4 12.4 11.3 12.0 14.0 16.7 16.8 15.4 14.5 11.0 14.7 17.7 23.4 25.1 20.7 1952
1952 7.7 7.7 6.8 5.6 6.6 8.6 12.0 13.2 11.3 11.7 10.0 8.7 12.5 11.5 12.1 13.9 16.4 16.4 15.2 14.4 11.3 14.5 16.8 20.8 21.1 17.0 13.4 1953
1953 7.4 7.4 6.5 5.4 6.4 8.2 11.5 12.5 10.7 11.1 9.5 8.2 11.7 10.7 11.3 12.8 15.0 14.9 13.6 12.8 9.9 12.4 14.0 16.5 15.6 11.3 6.9 0.7 1954
1954 8.7 8.7 7.9 6.8 7.8 9.7 12.9 14.0 12.3 12.7 11.3 10.2 13.7 12.8 13.5 15.2 17.4 17.5 16.5 16.0 13.8 16.6 18.5 21.5 21.8 19.9 19.6 22.9 50.0 1955
1955 9.2 9.2 8.5 7.5 8.5 10.3 13.4 14.5 12.9 13.3 11.9 11.0 14.3 13.5 14.2 15.8 17.9 18.0 17.2 16.8 14.9 17.5 19.3 22.0 22.3 20.9 21.0 23.7 37.0 25.2 1956
1956 9.2 9.2 8.4 7.5 8.5 10.2 13.2 14.2 12.7 13.1 11.8 10.8 14.0 13.2 13.9 15.3 17.2 17.3 16.5 16.1 14.3 16.5 18.1 20.2 20.2 18.7 18.3 19.6 26.7 16.4 8.3 1957
1957 8.5 8.5 7.8 6.8 7.7 9.4 12.2 13.1 11.6 12.0 10.7 9.7 12.6 11.9 12.4 13.6 15.3 15.3 14.4 13.8 12.0 13.8 14.9 16.4 15.9 14.1 13.1 13.0 16.3 6.8 -1.3 -10.0 1958
1958 9.5 9.5 8.8 7.9 8.8 10.5 13.3 14.2 12.8 13.2 12.0 11.1 14.0 13.3 13.9 15.2 16.9 16.9 16.2 15.8 14.3 16.1 17.4 19.0 18.9 17.6 17.2 17.8 21.5 15.3 12.2 14.2 45.0 1959
1959 9.6 9.6 8.9 8.1 9.0 10.6 13.3 14.2 12.8 13.1 12.0 11.2 13.9 13.3 13.8 15.1 16.6 16.7 16.0 15.6 14.1 15.9 17.0 18.4 18.2 17.0 16.6 17.0 20.0 14.8 12.3 13.7 27.8 12.7 1960
1960 9.3 9.3 8.7 7.9 8.7 10.2 12.8 13.7 12.3 12.7 11.5 10.8 13.3 12.7 13.2 14.3 15.8 15.8 15.0 14.7 13.2 14.8 15.7 16.9 16.6 15.3 14.8 14.9 17.1 12.4 10.0 10.4 18.2 6.8 1.2 1961
1961 9.8 9.8 9.2 8.4 9.2 10.8 13.3 14.1 12.8 13.2 12.1 11.4 13.9 13.3 13.8 14.9 16.3 16.3 15.7 15.3 14.0 15.5 16.4 17.6 17.4 16.3 15.9 16.2 18.3 14.4 12.6 13.5 20.4 13.1 13.3 26.9 1962
1962 9.2 9.2 8.6 7.8 8.6 10.0 12.4 13.2 11.9 12.2 11.2 10.4 12.8 12.2 12.6 13.6 14.9 14.8 14.1 13.8 12.4 13.7 14.4 15.4 15.0 13.9 13.3 13.2 14.7 11.0 9.1 9.2 13.5 6.8 4.9 6.8 -10.2 1963
1963 9.5 9.5 8.9 8.2 8.9 10.3 12.7 13.4 12.2 12.5 11.5 10.8 13.1 12.5 13.0 13.9 15.2 15.1 14.5 14.1 12.9 14.1 14.8 15.7 15.4 14.4 13.9 13.9 15.3 12.0 10.5 10.8 14.7 9.5 8.7 11.3 4.2 21.0 1964
1964 9.6 9.7 9.1 8.4 9.1 10.5 12.8 13.5 12.4 12.6 11.7 11.0 13.2 12.7 13.1 14.0 15.2 15.2 14.6 14.2 13.1 14.2 14.9 15.8 15.5 14.5 14.1 14.1 15.4 12.4 11.1 11.5 14.9 10.6 10.1 12.5 8.1 18.5 16.1 1965
1965 9.8 9.8 9.2 8.5 9.3 10.6 12.8 13.6 12.4 12.7 11.8 11.1 13.3 12.7 13.1 14.0 15.2 15.1 14.6 14.2 13.1 14.3 14.9 15.7 15.4 14.5 14.1 14.1 15.3 12.6 11.4 11.8 14.9 11.1 10.8 12.9 9.6 17.2 15.3 14.5 1966
1966 9.3 9.3 8.7 8.0 8.7 10.0 12.2 12.8 11.7 12.0 11.0 10.4 12.4 11.9 12.2 13.1 14.1 14.0 13.4 13.1 12.0 13.0 13.5 14.2 13.8 12.9 12.4 12.3 13.3 10.7 9.4 9.5 12.0 8.4 7.8 9.0 5.7 10.1 6.6 2.2 -8.7 1967
1967 9.7 9.7 9.2 8.5 9.2 10.5 12.6 13.3 12.2 12.4 11.6 10.9 12.9 12.4 12.8 13.6 14.6 14.6 14.0 13.7 12.7 13.7 14.2 14.9 14.6 13.8 13.4 13.4 14.3 12.0 10.9 11.2 13.5 10.5 10.2 11.6 9.2 13.6 11.8 10.4 8.4 28.7 1968
1968 9.8 9.8 9.3 8.7 9.4 10.6 12.6 13.3 12.2 12.5 11.6 11.0 13.0 12.5 12.8 13.6 14.6 14.6 14.0 13.7 12.8 13.7 14.2 14.9 14.6 13.8 13.4 13.4 14.3 12.1 11.2 11.4 13.6 10.9 10.7 11.9 9.9 13.7 12.3 11.3 10.3 21.2 14.1 1969
1969 9.3 9.3 8.8 8.1 8.8 10.0 11.9 12.5 11.5 11.7 10.9 10.3 12.1 11.6 12.0 12.7 13.6 13.5 13.0 12.6 11.7 12.5 12.9 13.5 13.1 12.3 11.9 11.8 12.5 10.4 9.4 9.5 11.3 8.7 8.3 9.1 7.1 9.8 8.0 6.5 4.5 9.4 0.8 -10.9 1970
1970 9.1 9.1 8.6 7.9 8.6 9.7 11.6 12.2 11.2 11.4 10.6 10.0 11.7 11.3 11.5 12.2 13.1 13.0 12.4 12.1 11.2 12.0 12.3 12.8 12.5 11.7 11.2 11.1 11.8 9.7 8.8 8.8 10.4 7.9 7.5 8.2 6.2 8.5 6.8 5.4 3.6 7.0 0.6 -5.6 0.0 1971
1971 9.2 9.2 8.7 8.1 8.7 9.9 11.7 12.3 11.3 11.5 10.7 10.2 11.9 11.4 11.7 12.4 13.2 13.1 12.6 12.3 11.4 12.1 12.5 13.0 12.6 11.9 11.5 11.4 12.0 10.1 9.2 9.3 10.8 8.5 8.2 8.9 7.2 9.3 8.0 6.8 5.6 8.7 4.2 1.1 7.8 16.1 1972
1972 9.4 9.4 8.9 8.3 8.9 10.0 11.8 12.4 11.5 11.7 10.9 10.3 12.0 11.6 11.8 12.5 13.3 13.2 12.7 12.4 11.6 12.3 12.7 13.1 12.8 12.1 11.7 11.6 12.3 10.5 9.6 9.7 11.2 9.1 8.8 9.5 8.0 10.1 8.9 8.0 7.1 10.1 6.7 4.9 10.7 16.5 16.8 1973
1973 8.7 8.7 8.2 7.6 8.2 9.3 11.0 11.5 10.6 10.8 10.0 9.5 11.0 10.6 10.8 11.4 12.2 12.0 11.5 11.2 10.3 11.0 11.3 11.7 11.3 10.6 10.2 10.0 10.5 8.7 7.9 7.9 9.1 7.0 6.7 7.1 5.6 7.1 5.8 4.8 3.6 5.5 2.1 -0.2 2.7 3.6 -2.2 -18.1 1974
1974 7.8 7.8 7.3 6.7 7.3 8.3 9.9 10.4 9.5 9.6 8.8 8.3 9.8 9.3 9.5 10.0 10.7 10.5 10.0 9.6 8.8 9.3 9.6 9.9 9.5 8.7 8.2 8.0 8.3 6.6 5.7 5.5 6.5 4.5 4.0 4.2 2.6 3.8 2.3 1.0 -0.3 0.8 -2.7 -5.3 -4.1 -5.1 -11.3 -22.7 -27.0 1975
1975 8.4 8.4 7.9 7.3 7.9 8.9 10.5 11.0 10.1 10.3 9.5 9.0 10.5 10.0 10.2 10.8 11.4 11.3 10.8 10.5 9.7 10.2 10.5 10.8 10.5 9.8 9.3 9.2 9.6 7.9 7.1 7.1 8.1 6.3 5.9 6.2 4.9 6.1 5.0 4.0 3.0 4.4 1.7 0.0 2.0 2.4 -0.8 -6.0 0.6 38.8 1976
1976 8.7 8.7 8.3 7.7 8.3 9.2 10.9 11.3 10.5 10.6 9.9 9.4 10.9 10.4 10.6 11.2 11.9 11.7 11.3 11.0 10.2 10.8 11.0 11.3 11.0 10.4 10.0 9.8 10.3 8.7 8.0 8.0 9.0 7.3 7.0 7.4 6.2 7.5 6.5 5.7 5.0 6.4 4.2 3.0 5.2 6.1 4.2 1.3 8.7 32.6 26.8 1977
1977 8.4 8.4 8.0 7.4 8.0 8.9 10.5 11.0 10.1 10.2 9.5 9.0 10.4 10.0 10.2 10.7 11.4 11.2 10.8 10.5 9.7 10.2 10.5 10.8 10.4 9.8 9.4 9.2 9.6 8.1 7.4 7.4 8.3 6.7 6.3 6.7 5.5 6.6 5.7 4.9 4.2 5.4 3.3 2.2 4.0 4.6 2.7 0.1 5.3 19.0 10.2 -4.3 1978
1978 8.4 8.4 8.0 7.4 8.0 8.9 10.4 10.9 10.0 10.2 9.5 9.0 10.4 10.0 10.2 10.6 11.3 11.1 10.7 10.4 9.6 10.2 10.4 10.7 10.3 9.7 9.3 9.2 9.5 8.1 7.4 7.4 8.3 6.7 6.4 6.7 5.6 6.7 5.8 5.1 4.4 5.6 3.7 2.7 4.4 4.9 3.4 1.3 5.7 16.0 9.3 1.4 7.5 1979
1979 8.7 8.7 8.2 7.7 8.2 9.2 10.7 11.1 10.3 10.4 9.8 9.3 10.7 10.3 10.4 10.9 11.6 11.4 11.0 10.7 10.0 10.5 10.7 11.0 10.7 10.1 9.8 9.6 10.0 8.6 8.0 8.0 8.9 7.4 7.2 7.5 6.5 7.6 6.8 6.2 5.6 6.8 5.2 4.4 6.1 6.8 5.6 4.1 8.4 17.3 12.5 8.1 14.8 22.6 1980
1980 9.1 9.1 8.7 8.2 8.7 9.6 11.1 11.5 10.7 10.9 10.2 9.8 11.1 10.7 10.9 11.4 12.1 11.9 11.5 11.3 10.6 11.1 11.3 11.7 11.4 10.8 10.5 10.4 10.8 9.5 8.9 8.9 9.8 8.5 8.3 8.6 7.7 8.8 8.2 7.7 7.2 8.5 7.1 6.5 8.2 9.1 8.4 7.3 11.6 19.7 16.3 13.8 20.5 27.6 32.8 1981
1981 8.8 8.8 8.4 7.9 8.4 9.3 10.8 11.2 10.4 10.6 9.9 9.5 10.8 10.4 10.6 11.0 11.6 11.5 11.1 10.8 10.2 10.7 10.9 11.2 10.9 10.3 10.0 9.9 10.2 9.0 8.4 8.4 9.2 7.9 7.7 8.0 7.1 8.1 7.5 7.0 6.5 7.6 6.3 5.7 7.2 7.9 7.1 6.1 9.5 16.1 12.7 10.1 14.0 16.2 13.1 -3.6 1982
1982 9.0 9.0 8.6 8.2 8.7 9.5 11.0 11.4 10.6 10.8 10.1 9.7 11.0 10.6 10.8 11.3 11.9 11.7 11.3 11.1 10.4 10.9 11.2 11.4 11.2 10.6 10.3 10.2 10.6 9.4 8.8 8.9 9.7 8.4 8.2 8.6 7.8 8.8 8.1 7.7 7.3 8.4 7.2 6.7 8.2 8.9 8.3 7.5 10.8 16.7 13.8 11.8 15.3 17.4 15.7 8.0 21.0 1983
1983 9.2 9.3 8.9 8.4 8.9 9.8 11.2 11.6 10.8 11.0 10.4 10.0 11.2 10.9 11.0 11.5 12.1 12.0 11.6 11.4 10.7 11.2 11.4 11.7 11.5 11.0 10.7 10.6 10.9 9.8 9.3 9.3 10.1 8.9 8.8 9.1 8.4 9.3 8.8 8.4 8.1 9.2 8.1 7.7 9.1 9.9 9.4 8.7 11.8 17.3 14.8 13.2 16.4 18.3 17.2 12.5 21.5 22.0 1984
1984 9.2 9.2 8.8 8.3 8.8 9.7 11.0 11.5 10.7 10.9 10.3 9.8 11.1 10.7 10.9 11.3 11.9 11.8 11.4 11.2 10.6 11.0 11.2 11.5 11.3 10.8 10.5 10.4 10.7 9.6 9.1 9.1 9.9 8.8 8.6 8.9 8.2 9.1 8.6 8.2 7.9 8.9 7.9 7.5 8.8 9.5 9.0 8.4 11.1 15.9 13.6 12.1 14.6 15.9 14.6 10.4 15.5 12.9 4.5 1985
1985 9.5 9.5 9.2 8.7 9.2 10.0 11.4 11.8 11.1 11.2 10.7 10.3 11.5 11.1 11.3 11.8 12.3 12.2 11.9 11.7 11.1 11.5 11.8 12.0 11.8 11.3 11.1 11.0 11.3 10.3 9.8 9.9 10.7 9.5 9.4 9.8 9.1 10.0 9.6 9.3 9.0 10.0 9.1 8.8 10.2 10.9 10.5 10.0 12.8 17.3 15.4 14.2 16.7 18.1 17.3 14.5 19.5 19.0 17.5 32.2 1986
1986 9.6 9.6 9.3 8.8 9.3 10.1 11.5 11.9 11.2 11.3 10.8 10.4 11.6 11.2 11.4 11.9 12.4 12.3 12.0 11.8 11.2 11.6 11.9 12.1 11.9 11.5 11.2 11.2 11.5 10.5 10.0 10.1 10.8 9.8 9.7 10.0 9.4 10.3 9.8 9.6 9.3 10.3 9.4 9.2 10.5 11.2 10.9 10.5 13.0 17.2 15.4 14.4 16.6 17.8 17.2 14.7 18.8 18.3 17.1 23.9 16.2 1987
1987 9.5 9.5 9.1 8.7 9.2 10.0 11.3 11.7 11.0 11.1 10.6 10.2 11.4 11.0 11.2 11.6 12.2 12.1 11.7 11.5 10.9 11.4 11.6 11.9 11.6 11.2 10.9 10.9 11.2 10.2 9.7 9.8 10.5 9.5 9.4 9.7 9.1 9.9 9.5 9.2 9.0 9.9 9.0 8.8 10.0 10.6 10.3 9.8 12.2 15.9 14.2 13.1 15.0 15.9 15.1 12.8 15.8 14.8 13.0 16.0 8.7 1.7 1988
1988 9.6 9.6 9.3 8.8 9.3 10.1 11.4 11.8 11.1 11.3 10.7 10.3 11.5 11.2 11.3 11.8 12.3 12.2 11.9 11.7 11.1 11.5 11.7 12.0 11.8 11.4 11.1 11.1 11.4 10.4 10.0 10.0 10.8 9.8 9.7 10.0 9.4 10.2 9.8 9.6 9.4 10.3 9.4 9.2 10.4 11.0 10.7 10.3 12.5 16.1 14.5 13.5 15.3 16.1 15.4 13.4 16.1 15.3 14.0 16.5 11.7 9.5 18.0 1989
1989 9.9 9.9 9.6 9.1 9.6 10.4 11.7 12.1 11.4 11.6 11.0 10.7 11.8 11.5 11.7 12.1 12.6 12.5 12.2 12.0 11.5 11.9 12.1 12.4 12.2 11.8 11.6 11.5 11.8 10.9 10.5 10.6 11.3 10.3 10.3 10.6 10.0 10.9 10.5 10.3 10.1 11.0 10.3 10.1 11.3 11.9 11.6 11.4 13.5 16.9 15.5 14.7 16.4 17.2 16.7 15.0 17.6 17.1 16.4 18.9 15.8 15.6 23.3 28.9 1990
1990 9.6 9.6 9.3 8.9 9.3 10.1 11.4 11.8 11.1 11.2 10.7 10.3 11.4 11.1 11.3 11.7 12.2 12.1 11.8 11.6 11.1 11.5 11.7 11.9 11.7 11.3 11.1 11.0 11.3 10.4 10.0 10.0 10.7 9.8 9.7 10.0 9.4 10.2 9.8 9.6 9.4 10.2 9.5 9.3 10.4 10.9 10.6 10.3 12.3 15.3 13.9 13.0 14.5 15.1 14.4 12.7 14.7 14.0 12.9 14.3 11.1 9.8 12.7 10.1 -6.0 1991
1991 10.0 10.0 9.7 9.3 9.7 10.5 11.7 12.1 11.5 11.6 11.1 10.7 11.8 11.5 11.7 12.1 12.6 12.5 12.2 12.0 11.5 12.0 12.1 12.4 12.2 11.8 11.6 11.6 11.9 11.0 10.6 10.7 11.4 10.5 10.4 10.7 10.2 11.0 10.6 10.4 10.3 11.1 10.5 10.3 11.4 11.9 11.7 11.5 13.4 16.4 15.1 14.4 15.8 16.5 16.0 14.6 16.6 16.1 15.4 17.0 14.7 14.4 17.8 17.7 12.5 34.7 1992
1992 10.0 10.0 9.7 9.3 9.7 10.5 11.7 12.1 11.4 11.6 11.1 10.7 11.8 11.5 11.7 12.1 12.5 12.5 12.2 12.0 11.5 11.9 12.1 12.3 12.2 11.8 11.6 11.5 11.8 10.9 10.6 10.7 11.3 10.4 10.4 10.7 10.2 10.9 10.6 10.4 10.3 11.1 10.4 10.3 11.3 11.8 11.6 11.4 13.2 16.0 14.8 14.1 15.4 16.0 15.5 14.2 16.0 15.5 14.8 16.1 14.0 13.6 16.2 15.7 11.6 21.6 9.8 1993
1993 10.0 10.0 9.7 9.3 9.7 10.5 11.7 12.1 11.4 11.6 11.1 10.7 11.8 11.5 11.7 12.0 12.5 12.5 12.2 12.0 11.5 11.9 12.1 12.3 12.1 11.8 11.6 11.5 11.8 11.0 10.6 10.7 11.3 10.5 10.4 10.7 10.2 10.9 10.6 10.4 10.3 11.1 10.5 10.3 11.3 11.8 11.6 11.4 13.1 15.7 14.6 13.9 15.1 15.7 15.2 13.9 15.5 15.1 14.4 15.5 13.6 13.3 15.3 14.8 11.5 18.0 10.5 11.1 1994
1994 9.8 9.8 9.5 9.1 9.6 10.3 11.5 11.8 11.2 11.4 10.9 10.5 11.6 11.3 11.4 11.8 12.3 12.2 11.9 11.7 11.2 11.6 11.8 12.0 11.8 11.5 11.3 11.2 11.5 10.7 10.3 10.4 11.0 10.2 10.1 10.4 9.9 10.6 10.3 10.1 9.9 10.7 10.0 9.9 10.8 11.3 11.1 10.8 12.4 14.9 13.8 13.1 14.2 14.6 14.1 12.9 14.3 13.7 13.0 13.9 12.0 11.5 13.0 12.2 9.1 13.2 6.8 5.4 -0.1 1995
1995 10.2 10.2 9.9 9.5 9.9 10.7 11.8 12.2 11.6 11.7 11.3 10.9 11.9 11.7 11.8 12.2 12.7 12.6 12.3 12.2 11.7 12.1 12.3 12.5 12.3 12.0 11.8 11.8 12.0 11.2 10.9 11.0 11.6 10.8 10.8 11.0 10.6 11.3 11.0 10.9 10.7 11.5 10.9 10.8 11.7 12.2 12.1 11.8 13.4 15.9 14.8 14.2 15.3 15.8 15.4 14.3 15.7 15.3 14.8 15.8 14.3 14.1 15.7 15.4 13.3 17.6 13.6 15.0 16.9 36.8 1996
1996 10.3 10.4 10.0 9.7 10.1 10.8 12.0 12.3 11.7 11.9 11.4 11.1 12.1 11.8 12.0 12.4 12.8 12.8 12.5 12.3 11.9 12.3 12.5 12.7 12.5 12.2 12.0 12.0 12.2 11.5 11.2 11.2 11.8 11.1 11.0 11.3 10.9 11.6 11.3 11.2 11.1 11.8 11.2 11.1 12.1 12.6 12.4 12.2 13.8 16.1 15.1 14.6 15.6 16.1 15.7 14.8 16.1 15.8 15.3 16.2 14.9 14.8 16.3 16.1 14.4 18.2 15.2 16.5 18.4 28.8 21.4 1997
1997 10.6 10.6 10.3 10.0 10.4 11.1 12.3 12.6 12.0 12.2 11.7 11.4 12.4 12.1 12.3 12.7 13.1 13.1 12.8 12.7 12.2 12.6 12.8 13.0 12.9 12.6 12.4 12.4 12.6 11.9 11.6 11.7 12.3 11.5 11.5 11.8 11.4 12.1 11.9 11.7 11.6 12.4 11.9 11.8 12.7 13.2 13.1 12.9 14.5 16.7 15.8 15.3 16.4 16.9 16.6 15.7 17.0 16.7 16.4 17.3 16.2 16.2 17.7 17.7 16.4 20.0 17.7 19.4 21.5 29.7 26.3 31.4 1998
1998 10.8 10.8 10.5 10.2 10.6 11.3 12.4 12.8 12.2 12.3 11.9 11.6 12.6 12.3 12.5 12.9 13.3 13.3 13.0 12.9 12.4 12.8 13.0 13.2 13.1 12.8 12.6 12.6 12.9 12.2 11.9 12.0 12.6 11.9 11.8 12.1 11.8 12.4 12.2 12.1 12.0 12.7 12.2 12.2 13.1 13.6 13.5 13.4 14.8 17.0 16.2 15.7 16.8 17.2 17.0 16.1 17.4 17.2 16.9 17.8 16.8 16.8 18.3 18.4 17.2 20.5 18.6 20.2 22.1 28.3 25.6 27.8 24.3 1999
1999 11.0 11.0 10.7 10.4 10.8 11.5 12.6 13.0 12.4 12.5 12.1 11.8 12.8 12.5 12.7 13.1 13.5 13.5 13.2 13.1 12.7 13.0 13.2 13.5 13.3 13.0 12.9 12.9 13.1 12.4 12.2 12.3 12.8 12.2 12.1 12.4 12.1 12.8 12.5 12.4 12.4 13.1 12.6 12.6 13.5 14.0 13.9 13.8 15.2 17.3 16.5 16.1 17.1 17.6 17.4 16.6 17.8 17.7 17.4 18.3 17.4 17.5 18.9 19.0 18.0 21.0 19.4 20.9 22.6 27.7 25.5 26.9 24.8 25.2 2000
2000 10.6 10.7 10.4 10.0 10.4 11.1 12.2 12.6 12.0 12.1 11.7 11.4 12.3 12.1 12.3 12.6 13.0 13.0 12.7 12.6 12.2 12.5 12.7 12.9 12.8 12.5 12.3 12.3 12.6 11.9 11.6 11.7 12.2 11.5 11.5 11.8 11.4 12.0 11.8 11.7 11.6 12.3 11.8 11.7 12.6 13.0 12.9 12.8 14.1 16.1 15.3 14.8 15.7 16.1 15.8 15.0 16.1 15.8 15.5 16.2 15.2 15.1 16.2 16.1 15.0 17.3 15.5 16.3 17.0 20.1 17.1 16.0 11.3 5.3 -11.4 2001
2001 10.3 10.3 10.0 9.7 10.1 10.8 11.8 12.2 11.6 11.7 11.3 11.0 11.9 11.7 11.8 12.2 12.6 12.5 12.3 12.1 11.7 12.1 12.2 12.4 12.3 12.0 11.8 11.8 12.0 11.3 11.0 11.1 11.6 10.9 10.9 11.2 10.8 11.4 11.1 11.0 10.9 11.5 11.1 11.0 11.7 12.1 12.0 11.8 13.1 14.9 14.1 13.6 14.4 14.8 14.4 13.6 14.5 14.2 13.8 14.4 13.3 13.2 14.0 13.7 12.5 14.4 12.5 12.8 13.1 15.1 11.8 10.0 5.2 -0.5 -11.3 -11.1 2002
2002 9.8 9.8 9.6 9.2 9.6 10.2 11.3 11.6 11.1 11.2 10.7 10.4 11.3 11.1 11.2 11.5 11.9 11.9 11.6 11.4 11.0 11.4 11.5 11.7 11.5 11.2 11.0 11.0 11.2 10.5 10.2 10.3 10.8 10.1 10.0 10.2 9.9 10.4 10.2 10.0 9.9 10.5 10.0 9.9 10.6 10.9 10.7 10.5 11.7 13.4 12.6 12.0 12.8 13.0 12.6 11.7 12.5 12.1 11.6 12.0 10.9 10.6 11.3 10.8 9.5 10.9 9.0 8.9 8.6 9.8 6.4 4.1 -0.7 -6.1 -14.7 -16.3 -21.1 2003
2003 10.1 10.1 9.8 9.5 9.9 10.5 11.6 11.9 11.3 11.4 11.0 10.7 11.6 11.4 11.5 11.8 12.2 12.2 11.9 11.8 11.3 11.7 11.8 12.0 11.9 11.6 11.4 11.4 11.6 10.9 10.6 10.7 11.2 10.5 10.5 10.7 10.3 10.9 10.7 10.5 10.4 11.0 10.5 10.4 11.1 11.5 11.3 11.2 12.3 14.0 13.2 12.7 13.4 13.7 13.3 12.5 13.3 13.0 12.5 13.0 12.0 11.8 12.4 12.1 10.9 12.4 10.7 10.8 10.7 12.0 9.2 7.6 4.1 0.5 -4.9 -2.7 1.9 31.6 2004
2004 10.1 10.1 9.8 9.5 9.9 10.5 11.6 11.9 11.3 11.4 11.0 10.7 11.6 11.4 11.5 11.8 12.2 12.2 11.9 11.8 11.4 11.7 11.8 12.0 11.9 11.6 11.4 11.4 11.6 10.9 10.7 10.7 11.2 10.6 10.5 10.7 10.4 10.9 10.7 10.6 10.5 11.0 10.6 10.5 11.2 11.5 11.4 11.2 12.3 13.9 13.1 12.7 13.4 13.6 13.3 12.5 13.3 12.9 12.5 12.9 12.0 11.8 12.4 12.1 11.0 12.3 10.8 10.9 10.8 12.0 9.5 8.1 5.2 2.3 -1.8 0.8 5.1 21.4 12.0 2005
2005 10.1 10.1 9.8 9.5 9.8 10.5 11.5 11.8 11.3 11.4 11.0 10.7 11.5 11.3 11.4 11.8 12.1 12.1 11.8 11.7 11.3 11.6 11.7 11.9 11.8 11.5 11.3 11.3 11.5 10.8 10.6 10.6 11.1 10.5 10.4 10.6 10.3 10.8 10.6 10.4 10.3 10.9 10.5 10.4 11.0 11.3 11.2 11.0 12.1 13.7 12.9 12.5 13.1 13.3 13.0 12.2 13.0 12.6 12.2 12.6 11.7 11.5 12.0 11.7 10.7 11.9 10.4 10.5 10.4 11.5 9.2 7.9 5.3 2.8 -0.5 1.9 5.4 16.1 9.0 6.2 2006
2006 10.1 10.1 9.9 9.5 9.9 10.5 11.5 11.8 11.3 11.4 11.0 10.7 11.6 11.4 11.5 11.8 12.2 12.1 11.9 11.7 11.3 11.7 11.8 12.0 11.8 11.5 11.4 11.3 11.6 10.9 10.7 10.7 11.2 10.6 10.5 10.7 10.4 10.9 10.7 10.6 10.5 11.0 10.6 10.5 11.1 11.5 11.3 11.2 12.2 13.7 13.0 12.6 13.2 13.4 13.1 12.4 13.1 12.7 12.4 12.7 11.9 11.7 12.2 11.9 11.0 12.1 10.8 10.8 10.8 11.8 9.8 8.7 6.4 4.3 1.7 4.0 7.3 15.9 11.1 10.7 15.5 2007
2007 10.1 10.1 9.8 9.5 9.9 10.5 11.5 11.8 11.2 11.3 10.9 10.7 11.5 11.3 11.4 11.7 12.1 12.0 11.8 11.6 11.2 11.6 11.7 11.9 11.7 11.4 11.3 11.2 11.4 10.8 10.6 10.6 11.1 10.5 10.4 10.6 10.3 10.8 10.6 10.5 10.4 10.9 10.5 10.4 11.0 11.3 11.2 11.0 12.0 13.5 12.8 12.3 12.9 13.1 12.8 12.1 12.8 12.5 12.1 12.4 11.6 11.4 11.9 11.6 10.7 11.8 10.5 10.5 10.5 11.3 9.4 8.4 6.3 4.5 2.2 4.3 7.1 13.8 9.8 9.1 10.5 5.8 2008
2008 9.3 9.3 9.1 8.7 9.1 9.7 10.6 10.9 10.4 10.5 10.1 9.8 10.6 10.4 10.5 10.8 11.1 11.1 10.8 10.6 10.3 10.5 10.7 10.8 10.7 10.4 10.2 10.1 10.3 9.7 9.4 9.4 9.8 9.2 9.2 9.3 9.0 9.5 9.2 9.1 8.9 9.4 9.0 8.8 9.4 9.7 9.5 9.3 10.2 11.5 10.8 10.3 10.8 11.0 10.6 9.9 10.4 10.0 9.5 9.8 8.9 8.6 8.9 8.5 7.5 8.3 6.9 6.7 6.4 6.9 4.9 3.6 1.4 -0.6 -3.1 -2.0 -0.7 3.2 -1.7 -4.8 -8.2 -18.2 -36.7 2009
2009 9.5 9.6 9.3 9.0 9.3 9.9 10.9 11.1 10.6 10.7 10.3 10.1 10.9 10.6 10.7 11.0 11.4 11.3 11.1 10.9 10.5 10.8 10.9 11.1 10.9 10.6 10.5 10.4 10.6 10.0 9.7 9.8 10.2 9.6 9.5 9.7 9.4 9.8 9.6 9.5 9.4 9.8 9.4 9.3 9.8 10.1 10.0 9.8 10.7 12.0 11.3 10.9 11.4 11.5 11.1 10.5 11.0 10.6 10.2 10.5 9.6 9.4 9.7 9.4 8.5 9.3 8.0 7.9 7.7 8.3 6.5 5.4 3.5 1.8 -0.3 1.0 2.6 6.5 2.9 1.1 -0.1 -4.8 -9.7 28.8 2010
2010 9.6 9.7 9.4 9.1 9.4 10.0 10.9 11.2 10.7 10.8 10.4 10.2 10.9 10.7 10.8 11.1 11.5 11.4 11.2 11.0 10.6 10.9 11.0 11.2 11.0 10.8 10.6 10.5 10.7 10.1 9.9 9.9 10.3 9.7 9.7 9.9 9.5 10.0 9.8 9.6 9.5 10.0 9.6 9.5 10.0 10.3 10.2 10.0 10.9 12.2 11.5 11.1 11.6 11.7 11.3 10.7 11.2 10.9 10.5 10.7 10.0 9.7 10.1 9.7 8.9 9.7 8.5 8.4 8.3 8.8 7.2 6.2 4.5 3.0 1.2 2.5 4.2 7.9 4.9 3.7 3.2 0.4 -1.4 23.2 17.7 2011
2011 9.5 9.5 9.3 9.0 9.3 9.9 10.8 11.1 10.6 10.7 10.3 10.0 10.8 10.6 10.7 11.0 11.3 11.2 11.0 10.8 10.5 10.8 10.9 11.0 10.9 10.6 10.4 10.4 10.6 10.0 9.7 9.7 10.1 9.6 9.5 9.7 9.4 9.8 9.6 9.4 9.3 9.8 9.4 9.3 9.8 10.1 9.9 9.7 10.6 11.8 11.2 10.7 11.2 11.3 11.0 10.4 10.9 10.5 10.1 10.4 9.6 9.3 9.7 9.3 8.5 9.2 8.1 8.0 7.8 8.3 6.8 5.9 4.2 2.8 1.2 2.4 3.8 7.1 4.3 3.3 2.8 0.5 -0.8 15.2 8.9 0.8 2012
2012 9.6 9.6 9.4 9.1 9.4 10.0 10.9 11.1 10.7 10.7 10.4 10.1 10.9 10.7 10.8 11.0 11.4 11.3 11.1 10.9 10.6 10.8 10.9 11.1 11.0 10.7 10.5 10.5 10.6 10.1 9.8 9.8 10.2 9.7 9.6 9.8 9.5 9.9 9.7 9.6 9.5 9.9 9.5 9.4 9.9 10.2 10.1 9.9 10.7 11.9 11.3 10.9 11.4 11.5 11.2 10.5 11.0 10.7 10.3 10.6 9.8 9.6 9.9 9.6 8.8 9.5 8.5 8.4 8.3 8.8 7.3 6.5 5.0 3.7 2.2 3.5 4.9 7.9 5.6 4.8 4.6 2.9 2.4 15.4 11.3 8.2 16.2 2013
2013 9.9 9.9 9.6 9.3 9.7 10.2 11.1 11.4 10.9 11.0 10.7 10.4 11.2 11.0 11.1 11.3 11.7 11.6 11.4 11.2 10.9 11.2 11.3 11.4 11.3 11.0 10.9 10.8 11.0 10.4 10.2 10.2 10.6 10.1 10.1 10.2 9.9 10.4 10.2 10.0 10.0 10.4 10.0 9.9 10.5 10.7 10.6 10.4 11.3 12.5 11.9 11.5 12.0 12.1 11.8 11.2 11.7 11.4 11.1 11.3 10.6 10.4 10.8 10.5 9.8 10.6 9.6 9.6 9.5 10.0 8.7 8.0 6.7 5.6 4.3 5.6 7.1 10.2 8.2 7.8 8.0 7.0 7.2 19.1 16.8 16.5 25.3 35.2 2014
2014 9.9 9.9 9.7 9.4 9.7 10.3 11.1 11.4 10.9 11.0 10.7 10.4 11.2 11.0 11.1 11.3 11.7 11.6 11.4 11.2 10.9 11.2 11.3 11.4 11.3 11.0 10.9 10.8 11.0 10.5 10.2 10.3 10.7 10.1 10.1 10.3 10.0 10.4 10.2 10.1 10.0 10.4 10.1 10.0 10.5 10.7 10.6 10.5 11.3 12.5 11.9 11.5 12.0 12.1 11.8 11.2 11.7 11.4 11.1 11.3 10.7 10.5 10.8 10.6 9.9 10.6 9.7 9.6 9.6 10.1 8.8 8.2 6.9 5.9 4.8 6.0 7.5 10.3 8.5 8.2 8.4 7.6 7.8 17.9 15.8 15.3 20.6 22.8 11.6 2015
2015 9.8 9.8 9.5 9.2 9.6 10.1 11.0 11.3 10.8 10.9 10.5 10.3 11.0 10.8 10.9 11.2 11.5 11.4 11.2 11.1 10.7 11.0 11.1 11.2 11.1 10.9 10.7 10.7 10.8 10.3 10.0 10.1 10.5 9.9 9.9 10.1 9.8 10.2 10.0 9.9 9.8 10.2 9.8 9.7 10.2 10.5 10.4 10.2 11.0 12.1 11.5 11.2 11.6 11.7 11.4 10.9 11.3 11.1 10.7 10.9 10.3 10.1 10.4 10.1 9.5 10.1 9.2 9.2 9.1 9.6 8.3 7.7 6.5 5.6 4.4 5.6 6.9 9.4 7.8 7.4 7.5 6.7 6.8 15.0 12.9 12.0 14.9 14.5 5.4 -0.5 2016
2016 9.8 9.8 9.6 9.3 9.6 10.2 11.0 11.3 10.8 10.9 10.6 10.3 11.0 10.8 10.9 11.2 11.5 11.5 11.2 11.1 10.8 11.0 11.1 11.3 11.1 10.9 10.7 10.7 10.9 10.3 10.1 10.1 10.5 10.0 10.0 10.1 9.8 10.2 10.0 9.9 9.8 10.3 9.9 9.8 10.3 10.5 10.4 10.3 11.0 12.2 11.6 11.2 11.7 11.8 11.5 10.9 11.4 11.1 10.8 11.0 10.4 10.2 10.5 10.3 9.6 10.3 9.4 9.4 9.3 9.7 8.6 8.0 6.9 6.0 5.0 6.1 7.3 9.7 8.2 7.9 8.0 7.3 7.5 14.9 13.0 12.2 14.7 14.3 8.1 6.3 13.6 2017
2017 9.9 9.9 9.7 9.4 9.7 10.3 11.1 11.4 10.9 11.0 10.7 10.4 11.2 11.0 11.1 11.3 11.6 11.6 11.4 11.2 10.9 11.2 11.3 11.4 11.3 11.0 10.9 10.9 11.0 10.5 10.3 10.3 10.7 10.2 10.1 10.3 10.0 10.4 10.2 10.1 10.1 10.5 10.1 10.0 10.5 10.8 10.6 10.5 11.3 12.4 11.8 11.5 11.9 12.0 11.7 11.2 11.7 11.4 11.1 11.3 10.7 10.5 10.8 10.6 10.0 10.6 9.8 9.8 9.8 10.2 9.1 8.6 7.5 6.7 5.8 6.9 8.1 10.4 9.1 8.8 9.1 8.5 8.8 15.5 14.0 13.4 15.7 15.6 11.2 11.0 17.3 21.1 2018
2018 9.8 9.8 9.5 9.2 9.6 10.1 10.9 11.2 10.7 10.8 10.5 10.2 10.9 10.7 10.9 11.1 11.4 11.3 11.1 11.0 10.7 10.9 11.0 11.2 11.0 10.8 10.6 10.6 10.8 10.2 10.0 10.0 10.4 9.9 9.9 10.0 9.7 10.1 9.9 9.8 9.7 10.1 9.8 9.7 10.2 10.4 10.3 10.1 10.9 11.9 11.4 11.0 11.4 11.5 11.3 10.7 11.2 10.9 10.6 10.8 10.2 10.0 10.3 10.0 9.4 10.0 9.2 9.2 9.1 9.5 8.5 7.9 6.9 6.1 5.2 6.2 7.3 9.4 8.1 7.8 7.9 7.3 7.5 13.3 11.7 11.0 12.5 11.9 7.7 6.8 9.3 7.2 -5.0
1926 1927 1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
1926
1926 11.6 1927
1927 23.9 37.5 1928
1928
1929
30.1
19.2
40.5
21.8
43.6
14.7
1929
-8.4 1930
S&P 500 Index
1930 8.7 8.0 -0.4 -17.1 -24.9 1931 1926–2018: Total Returns (%)
1931 -2.5 -5.1 -13.5 -27.0 -34.8 -43.3 1932
1932 -3.3 -5.6 -12.5 -22.7 -26.9 -27.9 -8.2 1933
1933 2.5 1.2 -3.8 -11.2 -11.9 -7.1 18.9 54.0 1934
1934 2.0 0.9 -3.5 -9.7 -9.9 -5.7 11.7 23.2 -1.4 1935 Growth of $1
$100,000
1935 5.9 5.2 1.8 -3.1 -2.2 3.1 19.8 30.9 20.6 47.7 1936
1936 8.1 7.8 4.9 0.9 2.3 7.7 22.5 31.6 24.9 40.6 33.9 1937 $7,025
$10,000
1937 3.6 3.0 0.0 -3.9 -3.3 0.2 10.2 14.3 6.1 8.7 -6.7 -35.0 1938
1938 5.5 5.1 2.5 -0.9 0.0 3.6 13.0 16.9 10.7 13.9 4.5 -7.7 31.1 1939
1939 5.1 4.6 2.3 -0.8 -0.1 3.2 11.2 14.3 8.7 10.9 3.2 -5.3 14.3 -0.4 1940 $1,000
1940 4.0 3.5 1.3 -1.6 -1.0 1.8 8.6 11.0 5.9 7.2 0.5 -6.5 5.6 -5.2 -9.8 1941
1941 3.0 2.4 0.3 -2.4 -1.9 0.5 6.4 8.2 3.5 4.3 -1.6 -7.5 1.0 -7.4 -10.7 -11.6 1942 $100
1942 3.9 3.5 1.5 -1.0 -0.4 2.0 7.6 9.4 5.3 6.1 1.2 -3.4 4.6 -1.1 -1.4 3.2 20.3 1943
1943 5.0 4.7 2.9 0.6 1.3 3.7 9.0 10.8 7.2 8.2 4.0 0.4 7.9 3.8 4.9 10.2 23.1 25.9 1944 $10
1944 5.8 5.5 3.8 1.7 2.5 4.8 9.8 11.5 8.3 9.3 5.7 2.6 9.5 6.3 7.7 12.5 22.0 22.8 19.7 1945
1945 7.1 6.9 5.4 3.5 4.3 6.6 11.5 13.2 10.4 11.5 8.4 5.9 12.6 10.1 12.0 17.0 25.4 27.2 27.8 36.4 1946 $1
1946 6.3 6.1 4.7 2.8 3.5 5.6 10.1 11.6 8.8 9.7 6.8 4.4 10.1 7.7 8.9 12.4 17.9 17.3 14.5 12.0 -8.1 1947
1947 6.3 6.1 4.7 3.0 3.7 5.6 9.8 11.2 8.6 9.4 6.7 4.5 9.6 7.5 8.5 11.4 15.7 14.8 12.2 9.8 -1.4 5.7 1948 $0
1948 6.3 6.0 4.7 3.1 3.8 5.6 9.6 10.8 8.4 9.1 6.6 4.6 9.2 7.3 8.1 10.6 14.2 13.2 10.9 8.7 0.8 5.6 5.5 1949 1926 2018
1950 7.7 7.5 6.4 4.9 5.6 7.4 11.1 12.3 10.2 11.0 8.9 7.3 11.5 10.0 11.0 13.4 16.6 16.1 14.8 13.9 9.9 14.9 18.2 25.1 31.7 1951
1951 8.3 8.1 7.1 5.7 6.4 8.2 11.7 12.9 11.0 11.7 9.8 8.4 12.4 11.1 12.1 14.3 17.3 16.9 15.9 15.3 12.1 16.7 19.6 24.7 27.8 24.0 1952
1952 8.6 8.5 7.5 6.2 6.9 8.6 12.0 13.2 11.3 12.1 10.3 9.0 12.8 11.6 12.5 14.6 17.4 17.1 16.1 15.7 13.0 17.0 19.4 23.1 24.6 21.2 18.4 1953
1953 8.3 8.1 7.1 5.9 6.5 8.2 11.4 12.4 10.7 11.4 9.6 8.3 11.9 10.7 11.5 13.4 15.7 15.3 14.3 13.7 11.2 14.2 15.7 17.9 17.6 13.3 8.3 -1.0 1954
1954 9.6 9.5 8.6 7.4 8.1 9.7 12.9 14.0 12.4 13.1 11.6 10.4 13.9 12.9 13.9 15.8 18.2 18.0 17.4 17.1 15.1 18.4 20.4 23.1 23.9 22.0 21.4 22.9 52.6 1955
1955 10.2 10.2 9.3 8.2 8.9 10.5 13.7 14.7 13.2 13.9 12.5 11.4 14.8 13.9 14.9 16.8 19.1 19.0 18.5 18.4 16.7 19.8 21.7 24.2 25.2 23.9 23.9 25.7 41.7 31.5 1956
1956 10.1 10.1 9.2 8.2 8.8 10.4 13.4 14.4 12.9 13.6 12.2 11.2 14.4 13.5 14.4 16.1 18.2 18.1 17.5 17.3 15.7 18.4 19.9 21.9 22.3 20.8 20.2 20.6 28.8 18.4 6.6 1957
1957 9.4 9.3 8.5 7.4 8.0 9.5 12.3 13.2 11.8 12.4 11.0 10.0 13.0 12.1 12.8 14.3 16.2 15.9 15.2 14.9 13.2 15.4 16.4 17.7 17.6 15.7 14.4 13.6 17.5 7.7 -2.5 -10.8 1958
1958 10.3 10.2 9.5 8.5 9.1 10.6 13.3 14.3 12.9 13.6 12.3 11.4 14.3 13.5 14.3 15.8 17.6 17.5 16.9 16.7 15.3 17.5 18.7 20.1 20.2 18.8 18.1 18.1 22.3 15.7 10.9 13.1 43.4 1959
1959 10.3 10.3 9.5 8.6 9.2 10.6 13.3 14.2 12.9 13.5 12.3 11.4 14.2 13.4 14.1 15.6 17.3 17.1 16.6 16.4 15.1 17.1 18.1 19.3 19.4 18.1 17.3 17.2 20.5 15.0 11.1 12.7 26.7 12.0 1960
1960 10.0 10.0 9.3 8.3 8.9 10.3 12.8 13.7 12.4 13.0 11.8 10.9 13.5 12.8 13.5 14.8 16.3 16.1 15.6 15.3 14.0 15.8 16.6 17.6 17.5 16.2 15.3 14.9 17.4 12.4 8.9 9.5 17.3 6.1 0.5 1961
1961 10.5 10.4 9.7 8.8 9.4 10.8 13.3 14.1 12.9 13.4 12.3 11.5 14.1 13.4 14.0 15.3 16.9 16.7 16.2 16.0 14.8 16.5 17.3 18.3 18.3 17.1 16.4 16.2 18.6 14.4 11.7 12.8 19.6 12.6 12.9 26.9 1962
1962 9.9 9.9 9.2 8.3 8.8 10.1 12.5 13.2 12.1 12.6 11.4 10.7 13.0 12.3 12.9 14.1 15.5 15.2 14.7 14.4 13.3 14.8 15.4 16.1 15.9 14.7 13.9 13.4 15.2 11.2 8.5 8.9 13.3 6.8 5.2 7.6 -8.7 1963
1963 10.2 10.2 9.5 8.7 9.2 10.5 12.8 13.5 12.4 12.9 11.8 11.1 13.4 12.7 13.3 14.5 15.8 15.6 15.1 14.9 13.8 15.2 15.8 16.6 16.4 15.3 14.6 14.3 15.9 12.4 10.2 10.8 14.8 9.9 9.3 12.4 5.9 22.8 1964
1964 10.4 10.4 9.7 8.9 9.4 10.6 12.9 13.6 12.5 13.0 12.0 11.3 13.5 12.9 13.5 14.5 15.8 15.6 15.2 14.9 13.9 15.3 15.9 16.6 16.4 15.4 14.7 14.4 16.0 12.8 10.9 11.5 15.1 10.9 10.7 13.5 9.3 19.6 16.5 1965
1965 10.4 10.4 9.8 9.0 9.5 10.7 12.9 13.6 12.5 13.0 12.0 11.3 13.5 12.9 13.4 14.5 15.7 15.5 15.0 14.8 13.8 15.1 15.7 16.3 16.2 15.2 14.6 14.3 15.7 12.8 11.1 11.6 14.7 11.1 11.0 13.2 10.1 17.2 14.5 12.5 1966
1966 9.9 9.8 9.2 8.4 8.9 10.1 12.2 12.8 11.8 12.2 11.2 10.5 12.6 12.0 12.4 13.4 14.5 14.3 13.8 13.6 12.6 13.7 14.2 14.7 14.4 13.4 12.7 12.4 13.4 10.7 9.0 9.2 11.7 8.2 7.7 9.0 5.7 9.7 5.6 0.6 -10.0 1967
1967 10.2 10.2 9.6 8.8 9.3 10.4 12.5 13.1 12.1 12.5 11.6 10.9 12.9 12.4 12.8 13.8 14.9 14.7 14.2 14.0 13.1 14.2 14.6 15.1 14.9 14.0 13.4 13.1 14.2 11.7 10.1 10.5 12.9 9.9 9.6 11.0 8.6 12.4 9.9 7.8 5.6 24.0 1968
1968 10.2 10.2 9.6 8.9 9.3 10.4 12.4 13.1 12.1 12.5 11.6 10.9 12.9 12.3 12.8 13.7 14.7 14.5 14.1 13.9 13.0 14.0 14.5 14.9 14.7 13.8 13.3 13.0 14.0 11.6 10.2 10.5 12.7 10.0 9.8 11.0 8.9 12.2 10.2 8.6 7.4 17.4 11.1 1969
1969 9.8 9.7 9.1 8.4 8.9 9.9 11.8 12.4 11.4 11.8 10.9 10.3 12.1 11.6 12.0 12.8 13.8 13.6 13.1 12.9 12.0 13.0 13.3 13.7 13.4 12.5 11.9 11.6 12.4 10.1 8.8 8.9 10.8 8.2 7.8 8.7 6.6 9.0 6.8 5.0 3.2 8.0 0.8 -8.5 1970
1970 9.6 9.6 9.0 8.3 8.7 9.7 11.6 12.2 11.2 11.6 10.7 10.1 11.9 11.3 11.7 12.5 13.5 13.2 12.8 12.5 11.7 12.6 12.9 13.2 13.0 12.1 11.5 11.1 11.9 9.8 8.4 8.6 10.2 7.8 7.5 8.2 6.3 8.3 6.4 4.8 3.4 7.0 1.9 -2.4 4.0 1971
1971 9.7 9.7 9.1 8.4 8.9 9.9 11.7 12.2 11.3 11.7 10.8 10.2 12.0 11.4 11.8 12.6 13.5 13.3 12.8 12.6 11.8 12.6 12.9 13.3 13.0 12.2 11.6 11.3 12.0 10.0 8.8 8.9 10.5 8.3 8.0 8.7 7.1 9.0 7.4 6.1 5.1 8.4 4.9 2.9 9.1 14.3 1972
1972 9.9 9.9 9.3 8.7 9.1 10.1 11.9 12.4 11.5 11.9 11.0 10.5 12.1 11.6 12.0 12.8 13.7 13.5 13.0 12.8 12.0 12.9 13.2 13.5 13.3 12.5 12.0 11.7 12.4 10.5 9.4 9.5 11.1 9.0 8.8 9.6 8.1 9.9 8.6 7.7 7.0 10.1 7.5 6.7 12.3 16.6 19.0 1973
1973 9.3 9.3 8.7 8.1 8.5 9.4 11.1 11.7 10.8 11.1 10.3 9.7 11.3 10.8 11.1 11.8 12.7 12.4 12.0 11.7 10.9 11.7 12.0 12.2 12.0 11.2 10.6 10.3 10.9 9.0 7.9 7.9 9.2 7.3 7.0 7.5 6.0 7.4 6.0 4.9 4.0 6.2 3.5 2.0 4.8 5.1 0.8 -14.7 1974
1974 8.5 8.4 7.8 7.2 7.5 8.4 10.1 10.6 9.7 10.0 9.1 8.5 10.1 9.5 9.8 10.5 11.2 10.9 10.5 10.2 9.4 10.1 10.2 10.4 10.1 9.3 8.7 8.2 8.7 6.9 5.7 5.7 6.7 4.8 4.3 4.6 3.1 4.1 2.5 1.2 0.1 1.4 -1.5 -3.4 -2.3 -3.9 -9.3 -20.8 -26.5 1975
1975 9.0 8.9 8.4 7.7 8.1 9.0 10.6 11.1 10.3 10.6 9.8 9.2 10.7 10.2 10.5 11.1 11.9 11.7 11.2 11.0 10.2 10.9 11.1 11.3 11.0 10.3 9.7 9.4 9.9 8.2 7.1 7.1 8.2 6.5 6.1 6.5 5.2 6.3 5.1 4.1 3.3 4.9 2.7 1.6 3.3 3.2 0.6 -4.9 0.5 37.2 1976
1976 9.2 9.2 8.7 8.1 8.4 9.3 10.9 11.4 10.6 10.9 10.1 9.5 11.0 10.5 10.8 11.5 12.2 12.0 11.6 11.4 10.6 11.3 11.5 11.7 11.5 10.8 10.3 9.9 10.4 8.8 7.8 7.9 9.0 7.4 7.1 7.5 6.3 7.5 6.4 5.6 5.0 6.6 4.9 4.1 6.1 6.4 4.9 1.6 7.7 30.4 23.8 1977
1977 8.9 8.8 8.3 7.7 8.1 8.9 10.5 10.9 10.1 10.4 9.6 9.1 10.5 10.0 10.3 10.9 11.6 11.4 11.0 10.7 10.0 10.7 10.8 11.0 10.7 10.0 9.5 9.2 9.6 8.1 7.1 7.1 8.1 6.5 6.2 6.6 5.4 6.5 5.4 4.6 3.9 5.3 3.6 2.8 4.3 4.3 2.8 -0.2 3.8 16.4 7.2 -7.2 1978
1978 8.9 8.8 8.3 7.7 8.1 8.9 10.4 10.8 10.0 10.3 9.6 9.0 10.4 10.0 10.2 10.8 11.5 11.3 10.9 10.6 9.9 10.5 10.7 10.9 10.6 9.9 9.4 9.1 9.5 8.0 7.1 7.1 8.1 6.5 6.3 6.6 5.5 6.5 5.5 4.7 4.1 5.4 3.9 3.2 4.6 4.6 3.3 0.9 4.3 13.9 7.0 -0.5 6.6 1979
1979 9.0 9.0 8.5 7.9 8.2 9.1 10.6 11.0 10.2 10.5 9.8 9.2 10.6 10.2 10.4 11.0 11.7 11.4 11.1 10.8 10.2 10.8 10.9 11.1 10.9 10.2 9.7 9.4 9.8 8.4 7.5 7.6 8.5 7.1 6.8 7.2 6.2 7.1 6.2 5.6 5.1 6.4 5.0 4.5 5.9 6.1 5.1 3.2 6.6 14.8 9.8 5.4 12.3 18.4 1980
1980 9.4 9.4 8.9 8.3 8.7 9.5 11.0 11.4 10.6 10.9 10.2 9.7 11.1 10.6 10.9 11.5 12.2 12.0 11.6 11.4 10.7 11.3 11.5 11.7 11.5 10.9 10.4 10.2 10.6 9.2 8.4 8.5 9.4 8.1 7.9 8.3 7.4 8.4 7.6 7.1 6.7 8.0 6.9 6.6 8.0 8.4 7.8 6.5 9.9 17.5 13.9 11.6 18.7 25.2 32.4 1981
1981 9.1 9.1 8.6 8.1 8.4 9.2 10.6 11.0 10.3 10.6 9.9 9.4 10.7 10.2 10.5 11.1 11.7 11.5 11.1 10.9 10.3 10.8 11.0 11.2 10.9 10.3 9.9 9.6 10.0 8.7 7.9 7.9 8.8 7.5 7.3 7.6 6.8 7.7 6.9 6.3 6.0 7.1 6.0 5.6 6.9 7.2 6.5 5.2 7.9 14.0 10.6 8.1 12.3 14.2 12.2 -4.9 1982
1982 9.3 9.3 8.8 8.3 8.6 9.4 10.8 11.2 10.5 10.8 10.1 9.6 10.9 10.5 10.8 11.3 11.9 11.7 11.4 11.2 10.6 11.1 11.3 11.5 11.2 10.7 10.2 10.0 10.4 9.1 8.4 8.4 9.3 8.1 7.9 8.2 7.4 8.3 7.6 7.1 6.8 8.0 7.0 6.7 7.9 8.3 7.7 6.7 9.4 14.9 12.1 10.2 14.0 16.0 15.2 7.4 21.4 1983
1983 9.6 9.5 9.1 8.5 8.9 9.6 11.0 11.5 10.7 11.0 10.3 9.9 11.1 10.7 11.0 11.5 12.2 12.0 11.6 11.4 10.9 11.4 11.6 11.8 11.6 11.0 10.6 10.4 10.8 9.6 8.8 8.9 9.8 8.6 8.5 8.8 8.1 8.9 8.3 7.9 7.6 8.8 7.9 7.7 8.9 9.3 8.9 8.0 10.6 15.7 13.3 11.9 15.4 17.3 17.0 12.3 22.0 22.5 1984
1984 9.5 9.5 9.0 8.5 8.8 9.6 10.9 11.4 10.6 10.9 10.3 9.8 11.0 10.6 10.9 11.4 12.0 11.8 11.5 11.3 10.7 11.3 11.4 11.6 11.4 10.9 10.5 10.2 10.6 9.4 8.8 8.8 9.6 8.5 8.4 8.7 8.0 8.8 8.2 7.8 7.6 8.6 7.8 7.6 8.7 9.1 8.7 7.9 10.2 14.8 12.5 11.2 14.1 15.4 14.8 10.7 16.5 14.1 6.3 1985
1985 9.8 9.8 9.4 8.9 9.2 9.9 11.3 11.7 11.0 11.3 10.7 10.2 11.4 11.1 11.3 11.8 12.4 12.3 12.0 11.8 11.2 11.8 11.9 12.1 11.9 11.4 11.1 10.8 11.2 10.1 9.5 9.6 10.4 9.3 9.2 9.6 8.9 9.7 9.2 8.8 8.7 9.8 9.0 8.9 10.1 10.5 10.2 9.6 11.9 16.2 14.3 13.3 16.2 17.6 17.5 14.7 20.2 19.8 18.5 32.2 1986
1986 10.0 10.0 9.5 9.0 9.4 10.1 11.4 11.8 11.2 11.4 10.8 10.4 11.6 11.2 11.5 12.0 12.6 12.4 12.1 11.9 11.4 11.9 12.1 12.3 12.1 11.6 11.3 11.1 11.5 10.4 9.7 9.8 10.6 9.6 9.5 9.9 9.3 10.1 9.6 9.3 9.1 10.2 9.5 9.4 10.6 11.0 10.8 10.2 12.4 16.4 14.7 13.8 16.4 17.7 17.6 15.3 19.9 19.5 18.5 25.1 18.5 1987
1987 9.9 9.9 9.5 9.0 9.3 10.0 11.3 11.7 11.0 11.3 10.7 10.3 11.5 11.1 11.3 11.8 12.4 12.2 11.9 11.8 11.2 11.8 11.9 12.1 11.9 11.4 11.1 10.9 11.3 10.2 9.6 9.7 10.5 9.5 9.4 9.7 9.1 9.9 9.4 9.1 8.9 9.9 9.3 9.2 10.3 10.6 10.4 9.9 11.9 15.5 13.9 13.0 15.3 16.3 16.0 13.8 17.3 16.5 15.0 18.1 11.7 5.2 1988
1988 10.0 10.0 9.6 9.1 9.4 10.1 11.4 11.8 11.2 11.4 10.8 10.4 11.6 11.2 11.4 11.9 12.5 12.3 12.1 11.9 11.4 11.9 12.0 12.2 12.0 11.6 11.2 11.1 11.4 10.4 9.8 9.9 10.7 9.7 9.6 10.0 9.4 10.1 9.7 9.4 9.3 10.2 9.6 9.5 10.6 11.0 10.8 10.3 12.2 15.6 14.1 13.3 15.4 16.3 16.1 14.2 17.2 16.5 15.4 17.8 13.3 10.9 16.8 1989
1989 10.3 10.3 9.9 9.4 9.7 10.5 11.7 12.1 11.5 11.7 11.2 10.8 11.9 11.6 11.8 12.3 12.9 12.7 12.4 12.3 11.8 12.3 12.5 12.6 12.5 12.0 11.7 11.6 11.9 10.9 10.4 10.5 11.3 10.3 10.3 10.6 10.1 10.9 10.4 10.2 10.1 11.1 10.5 10.5 11.6 12.0 11.8 11.4 13.3 16.6 15.3 14.6 16.7 17.6 17.5 16.0 18.9 18.6 17.9 20.4 17.6 17.4 23.9 31.5 1990
1990 10.1 10.1 9.7 9.2 9.5 10.2 11.5 11.8 11.2 11.5 10.9 10.5 11.6 11.3 11.5 12.0 12.5 12.4 12.1 11.9 11.4 11.9 12.1 12.2 12.1 11.6 11.3 11.1 11.5 10.5 10.0 10.1 10.8 9.9 9.8 10.2 9.6 10.3 9.9 9.7 9.6 10.5 9.9 9.8 10.8 11.2 11.0 10.6 12.3 15.3 13.9 13.3 15.0 15.7 15.5 13.9 16.2 15.6 14.7 16.1 13.2 11.9 14.2 12.9 -3.1 1991
1991 10.4 10.4 10.0 9.5 9.8 10.5 11.8 12.1 11.5 11.8 11.2 10.8 11.9 11.6 11.8 12.3 12.9 12.7 12.4 12.3 11.8 12.3 12.5 12.6 12.5 12.1 11.8 11.6 12.0 11.0 10.5 10.6 11.3 10.5 10.4 10.8 10.3 11.0 10.6 10.4 10.3 11.2 10.7 10.7 11.6 12.0 11.9 11.5 13.2 16.1 14.9 14.3 16.1 16.8 16.7 15.3 17.6 17.2 16.5 18.1 15.9 15.4 18.0 18.5 12.4 30.5 1992
1992 10.3 10.3 9.9 9.5 9.8 10.5 11.7 12.1 11.5 11.7 11.1 10.8 11.9 11.5 11.8 12.2 12.7 12.6 12.3 12.2 11.7 12.2 12.4 12.5 12.4 11.9 11.7 11.5 11.8 10.9 10.4 10.5 11.2 10.4 10.3 10.7 10.2 10.9 10.5 10.3 10.2 11.1 10.6 10.5 11.5 11.8 11.7 11.3 12.9 15.6 14.5 13.9 15.5 16.1 16.0 14.7 16.7 16.2 15.5 16.7 14.7 14.0 15.9 15.7 10.8 18.5 7.6 1993
1993 10.3 10.3 9.9 9.5 9.8 10.5 11.7 12.0 11.4 11.7 11.1 10.8 11.8 11.5 11.7 12.2 12.7 12.6 12.3 12.2 11.7 12.2 12.3 12.5 12.3 11.9 11.6 11.5 11.8 10.9 10.4 10.5 11.2 10.4 10.3 10.6 10.2 10.8 10.5 10.3 10.2 11.0 10.5 10.5 11.4 11.7 11.6 11.3 12.8 15.3 14.2 13.7 15.1 15.7 15.5 14.3 16.1 15.6 14.9 16.0 14.1 13.5 14.9 14.5 10.6 15.6 8.8 10.1 1994
1994 10.2 10.2 9.8 9.4 9.7 10.3 11.5 11.8 11.3 11.5 10.9 10.6 11.6 11.3 11.5 12.0 12.5 12.3 12.1 11.9 11.5 11.9 12.1 12.2 12.1 11.7 11.4 11.2 11.5 10.7 10.2 10.3 10.9 10.1 10.1 10.4 9.9 10.5 10.2 10.0 9.9 10.7 10.2 10.2 11.0 11.3 11.1 10.8 12.2 14.6 13.5 13.0 14.3 14.8 14.5 13.3 14.9 14.4 13.6 14.4 12.6 11.9 12.8 12.2 8.7 11.9 6.3 5.6 1.3 1995
1995 10.5 10.5 10.2 9.7 10.0 10.7 11.9 12.2 11.6 11.9 11.3 11.0 12.0 11.7 11.9 12.4 12.9 12.8 12.5 12.4 11.9 12.4 12.5 12.7 12.6 12.2 11.9 11.8 12.1 11.3 10.8 10.9 11.5 10.8 10.7 11.1 10.6 11.3 10.9 10.8 10.7 11.5 11.1 11.1 11.9 12.2 12.1 11.8 13.2 15.6 14.6 14.1 15.4 16.0 15.8 14.8 16.4 16.0 15.5 16.3 14.9 14.5 15.7 15.5 13.1 16.6 13.4 15.3 18.1 37.6 1996
1996 10.7 10.7 10.4 9.9 10.2 10.9 12.0 12.4 11.8 12.0 11.5 11.2 12.2 11.9 12.1 12.6 13.1 12.9 12.7 12.6 12.1 12.6 12.7 12.9 12.8 12.4 12.1 12.0 12.3 11.5 11.1 11.2 11.8 11.1 11.1 11.4 11.0 11.6 11.3 11.1 11.1 11.9 11.5 11.5 12.3 12.6 12.6 12.3 13.6 15.9 15.0 14.6 15.8 16.4 16.2 15.3 16.8 16.5 16.0 16.9 15.6 15.3 16.5 16.4 14.4 17.6 15.2 17.2 19.7 30.1 23.0 1997
1997 11.0 11.0 10.7 10.2 10.5 11.2 12.3 12.7 12.1 12.3 11.9 11.5 12.5 12.2 12.5 12.9 13.4 13.3 13.1 12.9 12.5 13.0 13.1 13.3 13.2 12.8 12.6 12.4 12.8 12.0 11.6 11.7 12.3 11.6 11.6 11.9 11.5 12.2 11.9 11.7 11.7 12.5 12.1 12.2 13.0 13.3 13.3 13.1 14.4 16.6 15.8 15.4 16.6 17.2 17.1 16.3 17.8 17.5 17.2 18.1 17.0 16.8 18.1 18.2 16.6 19.8 18.1 20.3 23.0 31.2 28.1 33.4 1998
1998 11.2 11.2 10.9 10.5 10.8 11.4 12.5 12.9 12.4 12.6 12.1 11.8 12.8 12.5 12.7 13.2 13.6 13.5 13.3 13.2 12.8 13.3 13.4 13.6 13.5 13.1 12.9 12.8 13.1 12.3 11.9 12.1 12.7 12.0 12.0 12.3 12.0 12.6 12.3 12.2 12.2 13.0 12.6 12.7 13.5 13.8 13.8 13.6 14.9 17.1 16.3 16.0 17.2 17.7 17.7 16.9 18.4 18.2 17.9 18.8 17.8 17.8 19.0 19.2 17.9 20.8 19.5 21.6 24.1 30.5 28.2 30.9 28.6 1999
1999 11.3 11.3 11.0 10.6 10.9 11.5 12.7 13.0 12.5 12.7 12.2 11.9 12.9 12.6 12.9 13.3 13.8 13.7 13.5 13.3 13.0 13.4 13.5 13.7 13.6 13.3 13.1 12.9 13.3 12.5 12.1 12.3 12.9 12.2 12.2 12.5 12.2 12.8 12.5 12.4 12.4 13.2 12.9 12.9 13.7 14.1 14.1 13.9 15.2 17.2 16.5 16.2 17.4 17.9 17.9 17.2 18.5 18.4 18.1 18.9 18.0 18.0 19.1 19.4 18.2 20.9 19.7 21.5 23.6 28.6 26.4 27.6 24.8 21.0 2000
2000 11.0 11.0 10.7 10.3 10.6 11.2 12.3 12.6 12.1 12.3 11.9 11.6 12.5 12.2 12.5 12.9 13.3 13.2 13.0 12.9 12.5 12.9 13.1 13.2 13.1 12.8 12.6 12.4 12.7 12.0 11.6 11.7 12.3 11.7 11.6 11.9 11.6 12.2 11.9 11.8 11.8 12.5 12.1 12.2 12.9 13.2 13.2 13.0 14.2 16.1 15.3 15.0 16.1 16.5 16.4 15.7 16.9 16.6 16.3 17.0 16.0 15.8 16.7 16.7 15.4 17.5 16.1 17.2 18.3 21.3 18.3 17.2 12.3 4.9 -9.1 2001
2001 10.7 10.7 10.4 10.0 10.3 10.9 11.9 12.2 11.7 11.9 11.5 11.2 12.1 11.8 12.0 12.4 12.9 12.7 12.5 12.4 12.0 12.4 12.6 12.7 12.6 12.2 12.0 11.9 12.2 11.4 11.0 11.1 11.7 11.0 11.0 11.3 10.9 11.5 11.2 11.1 11.0 11.7 11.3 11.4 12.0 12.3 12.2 12.0 13.1 14.9 14.1 13.8 14.7 15.1 15.0 14.2 15.2 14.9 14.5 15.0 14.0 13.7 14.4 14.2 12.9 14.4 12.9 13.5 14.0 15.9 12.7 10.7 5.7 -1.0 -10.5 -11.9 2002
2002 10.2 10.2 9.9 9.5 9.7 10.3 11.4 11.7 11.1 11.3 10.9 10.6 11.5 11.2 11.4 11.8 12.2 12.1 11.8 11.7 11.3 11.7 11.8 11.9 11.8 11.4 11.2 11.1 11.3 10.6 10.2 10.3 10.8 10.1 10.1 10.3 10.0 10.5 10.2 10.0 10.0 10.6 10.2 10.2 10.8 11.0 10.9 10.7 11.7 13.3 12.5 12.1 13.0 13.3 13.0 12.2 13.1 12.7 12.2 12.6 11.5 11.1 11.5 11.1 9.7 10.8 9.2 9.3 9.3 10.3 6.9 4.4 -0.6 -6.8 -14.6 -17.2 -22.1 2003
2003 10.4 10.4 10.1 9.7 10.0 10.5 11.6 11.9 11.4 11.6 11.1 10.8 11.7 11.4 11.6 12.0 12.4 12.3 12.1 12.0 11.6 12.0 12.1 12.2 12.1 11.7 11.5 11.4 11.7 10.9 10.6 10.6 11.2 10.5 10.5 10.7 10.4 10.9 10.6 10.5 10.4 11.0 10.7 10.7 11.3 11.5 11.4 11.2 12.2 13.8 13.1 12.7 13.5 13.8 13.6 12.9 13.8 13.4 13.0 13.4 12.4 12.0 12.5 12.2 10.9 12.1 10.7 11.0 11.1 12.2 9.4 7.6 3.8 -0.6 -5.3 -4.1 0.1 28.7 2004
2004 10.4 10.4 10.1 9.7 10.0 10.6 11.6 11.9 11.4 11.6 11.1 10.8 11.7 11.4 11.6 12.0 12.4 12.3 12.1 11.9 11.6 11.9 12.1 12.2 12.1 11.7 11.5 11.4 11.6 10.9 10.6 10.6 11.2 10.5 10.5 10.7 10.4 10.9 10.6 10.5 10.4 11.0 10.7 10.7 11.3 11.5 11.4 11.2 12.1 13.7 13.0 12.6 13.4 13.7 13.5 12.8 13.7 13.3 12.9 13.2 12.3 12.0 12.4 12.1 10.9 12.0 10.7 11.0 11.0 12.1 9.5 8.0 4.8 1.3 -2.3 -0.5 3.6 19.5 10.9 2005
2005 10.4 10.3 10.0 9.7 9.9 10.5 11.5 11.8 11.3 11.5 11.0 10.7 11.6 11.3 11.5 11.9 12.3 12.2 12.0 11.8 11.5 11.8 11.9 12.0 11.9 11.6 11.4 11.3 11.5 10.8 10.4 10.5 11.0 10.4 10.4 10.6 10.3 10.8 10.5 10.3 10.3 10.9 10.5 10.5 11.1 11.3 11.2 11.0 11.9 13.4 12.7 12.4 13.1 13.4 13.2 12.5 13.3 12.9 12.5 12.8 11.9 11.6 12.0 11.7 10.5 11.5 10.3 10.5 10.5 11.4 9.1 7.6 4.8 1.8 -1.1 0.5 3.9 14.4 7.9 4.9 2006
2006 10.4 10.4 10.1 9.7 10.0 10.5 11.5 11.8 11.3 11.5 11.1 10.8 11.6 11.4 11.6 11.9 12.3 12.2 12.0 11.9 11.5 11.9 12.0 12.1 12.0 11.7 11.5 11.3 11.6 10.9 10.5 10.6 11.1 10.5 10.5 10.7 10.4 10.9 10.6 10.5 10.4 11.0 10.7 10.7 11.2 11.4 11.4 11.1 12.0 13.5 12.8 12.5 13.2 13.5 13.3 12.6 13.4 13.0 12.7 13.0 12.1 11.8 12.2 11.9 10.9 11.8 10.6 10.9 10.9 11.8 9.7 8.4 6.0 3.4 1.1 2.9 6.2 14.7 10.4 10.2 15.8 2007
2007 10.4 10.3 10.0 9.7 9.9 10.5 11.5 11.7 11.3 11.4 11.0 10.7 11.6 11.3 11.5 11.8 12.2 12.1 11.9 11.8 11.4 11.8 11.9 12.0 11.9 11.6 11.4 11.2 11.5 10.8 10.4 10.5 11.0 10.4 10.4 10.6 10.3 10.7 10.5 10.3 10.3 10.8 10.5 10.5 11.1 11.3 11.2 11.0 11.8 13.3 12.6 12.2 13.0 13.2 13.0 12.3 13.1 12.7 12.3 12.6 11.8 11.5 11.8 11.6 10.5 11.4 10.3 10.5 10.5 11.3 9.3 8.2 5.9 3.7 1.7 3.3 6.1 12.8 9.2 8.6 10.5 5.5 2008
2008 9.6 9.6 9.3 8.9 9.2 9.7 10.6 10.9 10.4 10.6 10.1 9.8 10.7 10.4 10.6 10.9 11.3 11.1 10.9 10.8 10.4 10.8 10.8 10.9 10.8 10.5 10.2 10.1 10.3 9.7 9.3 9.3 9.8 9.2 9.1 9.3 9.0 9.4 9.1 9.0 8.9 9.4 9.0 9.0 9.5 9.6 9.5 9.2 10.0 11.3 10.6 10.2 10.8 11.0 10.7 10.0 10.6 10.2 9.8 9.9 9.0 8.6 8.8 8.4 7.3 7.9 6.7 6.7 6.5 6.8 4.8 3.4 1.0 -1.4 -3.6 -2.9 -1.5 2.4 -2.2 -5.2 -8.4 -18.5 -37.0 2009
2009 9.8 9.8 9.5 9.1 9.4 9.9 10.8 11.1 10.6 10.8 10.4 10.1 10.9 10.6 10.8 11.1 11.5 11.4 11.1 11.0 10.7 11.0 11.1 11.2 11.0 10.7 10.5 10.4 10.6 9.9 9.6 9.6 10.1 9.5 9.5 9.6 9.3 9.7 9.5 9.3 9.2 9.7 9.4 9.4 9.9 10.0 9.9 9.7 10.4 11.7 11.1 10.7 11.3 11.5 11.2 10.6 11.2 10.8 10.4 10.5 9.7 9.4 9.6 9.2 8.2 8.8 7.7 7.8 7.6 8.0 6.2 5.0 2.9 0.9 -0.9 0.0 1.6 5.5 2.1 0.4 -0.7 -5.6 -10.7 26.5 2010
2010 9.9 9.8 9.6 9.2 9.4 9.9 10.9 11.1 10.7 10.8 10.4 10.1 10.9 10.7 10.8 11.2 11.5 11.4 11.2 11.1 10.7 11.0 11.1 11.2 11.1 10.8 10.6 10.5 10.7 10.0 9.7 9.7 10.2 9.6 9.6 9.8 9.4 9.8 9.6 9.4 9.4 9.9 9.5 9.5 10.0 10.1 10.0 9.8 10.6 11.8 11.2 10.8 11.4 11.6 11.4 10.7 11.3 11.0 10.5 10.7 9.9 9.6 9.8 9.5 8.5 9.1 8.1 8.1 8.0 8.5 6.8 5.7 3.8 2.0 0.4 1.4 3.0 6.7 3.9 2.7 2.3 -0.8 -2.9 20.6 15.1 2011
2011 9.8 9.8 9.5 9.1 9.3 9.8 10.8 11.0 10.6 10.7 10.3 10.0 10.8 10.5 10.7 11.0 11.4 11.3 11.1 10.9 10.6 10.9 11.0 11.1 11.0 10.6 10.4 10.3 10.5 9.9 9.5 9.6 10.0 9.5 9.4 9.6 9.3 9.7 9.4 9.3 9.2 9.7 9.4 9.3 9.8 9.9 9.8 9.6 10.3 11.5 10.9 10.6 11.1 11.3 11.1 10.4 11.0 10.6 10.2 10.4 9.6 9.3 9.5 9.1 8.2 8.8 7.8 7.8 7.7 8.1 6.5 5.5 3.7 2.0 0.6 1.5 2.9 6.2 3.6 2.6 2.3 -0.2 -1.6 14.1 8.4 2.1 2012
2012 9.8 9.8 9.5 9.2 9.4 9.9 10.8 11.1 10.6 10.8 10.4 10.1 10.9 10.6 10.8 11.1 11.5 11.3 11.1 11.0 10.7 11.0 11.1 11.2 11.0 10.7 10.5 10.4 10.6 10.0 9.6 9.7 10.1 9.6 9.5 9.7 9.4 9.8 9.5 9.4 9.3 9.8 9.5 9.5 9.9 10.1 10.0 9.8 10.5 11.7 11.0 10.7 11.3 11.4 11.2 10.6 11.1 10.8 10.4 10.6 9.9 9.5 9.7 9.4 8.6 9.1 8.2 8.2 8.1 8.5 7.0 6.1 4.5 2.9 1.7 2.6 4.0 7.1 4.9 4.2 4.1 2.3 1.7 14.6 10.9 8.8 16.0 2013
2013 10.1 10.1 9.8 9.4 9.7 10.2 11.1 11.3 10.9 11.0 10.6 10.4 11.1 10.9 11.0 11.4 11.7 11.6 11.4 11.3 11.0 11.3 11.4 11.5 11.3 11.0 10.8 10.7 10.9 10.3 10.0 10.1 10.5 10.0 9.9 10.1 9.8 10.2 10.0 9.8 9.8 10.2 10.0 9.9 10.4 10.6 10.5 10.3 11.0 12.2 11.6 11.2 11.8 12.0 11.8 11.2 11.7 11.4 11.1 11.3 10.6 10.3 10.5 10.3 9.5 10.0 9.2 9.3 9.2 9.7 8.3 7.5 6.0 4.7 3.6 4.6 6.2 9.2 7.4 7.0 7.3 6.1 6.2 17.9 15.9 16.2 23.9 32.4 2014
2014 10.1 10.1 9.8 9.5 9.7 10.2 11.1 11.4 10.9 11.1 10.7 10.4 11.2 10.9 11.1 11.4 11.7 11.6 11.4 11.3 11.0 11.3 11.4 11.5 11.4 11.1 10.9 10.8 11.0 10.4 10.1 10.1 10.5 10.0 10.0 10.2 9.9 10.3 10.0 9.9 9.9 10.3 10.0 10.0 10.5 10.6 10.5 10.3 11.0 12.2 11.6 11.3 11.9 12.0 11.8 11.3 11.8 11.5 11.2 11.3 10.7 10.4 10.6 10.4 9.6 10.2 9.4 9.5 9.4 9.9 8.6 7.8 6.5 5.2 4.2 5.3 6.7 9.6 8.0 7.7 8.0 7.0 7.3 17.2 15.5 15.6 20.4 22.7 13.7 2015
2015 10.0 10.0 9.7 9.4 9.6 10.1 11.0 11.2 10.8 10.9 10.5 10.3 11.0 10.8 10.9 11.3 11.6 11.5 11.3 11.2 10.9 11.2 11.2 11.3 11.2 10.9 10.7 10.6 10.8 10.2 9.9 10.0 10.4 9.9 9.8 10.0 9.7 10.1 9.9 9.7 9.7 10.1 9.9 9.8 10.3 10.4 10.3 10.1 10.8 11.9 11.3 11.0 11.6 11.7 11.5 11.0 11.5 11.2 10.9 11.0 10.4 10.1 10.3 10.0 9.3 9.8 9.0 9.1 9.0 9.4 8.2 7.5 6.2 5.0 4.1 5.0 6.3 8.9 7.4 7.1 7.3 6.4 6.5 14.8 13.0 12.6 15.3 15.1 7.4 1.4 2016
2016 10.0 10.0 9.7 9.4 9.6 10.1 11.0 11.2 10.8 11.0 10.6 10.3 11.0 10.8 11.0 11.3 11.6 11.5 11.3 11.2 10.9 11.2 11.3 11.3 11.2 10.9 10.8 10.6 10.8 10.3 9.9 10.0 10.4 9.9 9.9 10.0 9.8 10.1 9.9 9.8 9.7 10.2 9.9 9.9 10.3 10.4 10.4 10.2 10.8 11.9 11.4 11.1 11.6 11.7 11.5 11.0 11.5 11.2 10.9 11.0 10.4 10.2 10.3 10.1 9.4 9.9 9.1 9.2 9.2 9.5 8.4 7.7 6.5 5.4 4.5 5.4 6.7 9.1 7.7 7.5 7.7 6.9 7.1 14.5 12.8 12.5 14.7 14.3 8.9 6.5 12.0 2017
2017 10.2 10.1 9.9 9.5 9.8 10.2 11.1 11.4 10.9 11.1 10.7 10.4 11.2 10.9 11.1 11.4 11.7 11.6 11.4 11.3 11.0 11.3 11.4 11.5 11.4 11.1 10.9 10.8 11.0 10.4 10.1 10.2 10.6 10.1 10.1 10.2 10.0 10.3 10.1 10.0 9.9 10.4 10.1 10.1 10.5 10.7 10.6 10.4 11.1 12.1 11.6 11.3 11.8 12.0 11.8 11.3 11.8 11.5 11.2 11.4 10.8 10.5 10.7 10.5 9.8 10.3 9.6 9.7 9.7 10.1 8.9 8.3 7.2 6.2 5.4 6.3 7.6 9.9 8.7 8.5 8.8 8.2 8.5 15.3 13.9 13.8 15.8 15.8 12.0 11.4 16.8 21.8 2018
2018 10.0 10.0 9.7 9.4 9.6 10.1 10.9 11.2 10.7 10.9 10.5 10.2 11.0 10.7 10.9 11.2 11.5 11.4 11.2 11.1 10.8 11.1 11.2 11.2 11.1 10.9 10.7 10.6 10.7 10.2 9.9 9.9 10.3 9.8 9.8 10.0 9.7 10.0 9.8 9.7 9.7 10.1 9.8 9.8 10.2 10.3 10.3 10.1 10.7 11.7 11.2 10.9 11.4 11.5 11.3 10.8 11.3 11.0 10.7 10.9 10.3 10.0 10.2 10.0 9.3 9.8 9.1 9.1 9.1 9.4 8.3 7.7 6.6 5.6 4.9 5.7 6.8 9.0 7.8 7.5 7.8 7.1 7.3 13.1 11.7 11.3 12.7 12.2 8.5 7.2 9.3 7.9 -4.4
1926 1927 1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
1928
1928
1929
37.6
7.8
1929
-15.6 1930
Dimensional US Adjusted Market 1 Index
1930 -7.6 -24.3 -32.1 1931 1928–2018: Total Returns (%)
1931 -19.7 -32.9 -40.1 -47.2 1932
1932 -17.4 -27.3 -30.8 -30.2 -7.6 1933
1933 -6.6 -13.5 -13.0 -5.6 26.3 72.7 1934
1934 -5.1 -10.8 -9.8 -3.1 18.6 34.4 4.5 1935 Growth of $1
$100,000
1935 0.3 -4.1 -2.1 5.3 25.2 38.6 24.1 47.4 1936
1936 3.8 0.2 2.7 10.0 27.4 38.0 28.0 41.7 36.3 1937 $8,248
$10,000
1937 -1.3 -4.9 -3.4 1.5 13.2 17.9 7.2 8.1 -7.4 -37.1 1938
1938 1.2 -1.9 -0.2 4.7 15.5 19.9 11.4 13.2 3.7 -9.5 30.2 1939
1939 1.1 -1.7 -0.2 4.2 13.4 16.8 9.4 10.5 2.8 -6.5 14.1 0.0 1940 $1,000
1940 0.5 -2.1 -0.8 3.0 11.0 13.6 7.0 7.4 0.8 -6.5 6.7 -3.4 -6.7 1941
1941 -0.2 -2.6 -1.5 1.9 8.8 10.8 4.9 4.9 -0.9 -7.0 2.6 -5.3 -7.8 -8.8 1942 $100
1942 1.0 -1.2 0.0 3.2 9.7 11.6 6.4 6.6 1.8 -3.1 5.7 0.3 0.4 4.2 19.2 1943
1943 2.8 0.8 2.1 5.3 11.6 13.5 8.8 9.3 5.3 1.5 9.9 6.3 7.9 13.3 26.3 33.8 1944 $10
1944 4.0 2.2 3.5 6.7 12.6 14.5 10.3 10.9 7.4 4.3 12.1 9.4 11.3 16.4 26.3 30.0 26.2 1945
1945 6.0 4.4 5.7 8.9 14.7 16.6 12.9 13.7 10.7 8.2 15.8 13.9 16.4 21.7 30.8 34.9 35.4 45.3 1946 $1
1946 5.3 3.7 5.0 7.9 13.1 14.8 11.2 11.8 9.0 6.6 13.1 11.1 12.8 16.4 22.2 23.0 19.6 16.4 -6.7 1947
1947 5.1 3.7 4.9 7.6 12.5 14.0 10.6 11.1 8.5 6.3 12.0 10.2 11.5 14.4 18.8 18.7 15.2 11.8 -2.0 3.0 1948 $0
1948 4.9 3.5 4.6 7.2 11.7 13.1 9.9 10.3 7.9 5.8 10.9 9.2 10.2 12.6 16.0 15.5 12.1 8.9 -1.1 1.8 0.6 1949 1928 2018
1949 5.6 4.3 5.4 7.8 12.2 13.5 10.5 11.0 8.7 6.9 11.7 10.1 11.2 13.4 16.5 16.2 13.5 11.1 3.8 7.6 10.0 20.3 1950 See Sources and Descriptions of Data.
1950 6.7 5.4 6.6 9.0 13.2 14.5 11.8 12.3 10.2 8.6 13.2 11.9 13.1 15.3 18.3 18.2 16.1 14.5 9.2 13.6 17.4 26.8 33.6 1951
1951 7.2 6.0 7.1 9.5 13.5 14.8 12.2 12.7 10.8 9.3 13.7 12.5 13.6 15.6 18.4 18.3 16.5 15.2 10.9 14.7 17.9 24.3 26.3 19.4 1952
1952 7.4 6.3 7.4 9.6 13.5 14.7 12.2 12.7 10.9 9.5 13.6 12.5 13.5 15.4 17.9 17.8 16.1 14.9 11.1 14.4 16.9 21.3 21.6 16.1 12.8 1953
1953 7.1 6.0 7.0 9.1 12.8 13.9 11.5 11.9 10.2 8.9 12.7 11.6 12.5 14.1 16.2 16.0 14.3 13.1 9.6 12.1 13.7 16.6 15.7 10.2 5.9 -0.6 1954
1954 8.5 7.5 8.6 10.7 14.3 15.4 13.2 13.7 12.1 10.9 14.7 13.8 14.8 16.5 18.7 18.7 17.4 16.6 13.7 16.6 18.7 22.0 22.3 19.6 19.7 23.3 53.0 1955
1955 9.0 8.0 9.1 11.2 14.7 15.8 13.7 14.1 12.7 11.5 15.2 14.3 15.3 16.9 19.0 19.0 17.9 17.1 14.6 17.3 19.2 22.1 22.4 20.3 20.5 23.2 37.2 23.0 1956
1956 9.0 8.1 9.1 11.1 14.4 15.4 13.4 13.9 12.5 11.4 14.8 14.0 14.9 16.4 18.3 18.2 17.1 16.4 14.1 16.4 18.0 20.4 20.4 18.3 18.1 19.4 26.9 15.6 8.6 1957
1957 8.2 7.3 8.2 10.1 13.3 14.2 12.3 12.6 11.3 10.2 13.3 12.5 13.2 14.5 16.2 16.0 14.8 14.0 11.7 13.5 14.6 16.3 15.8 13.5 12.5 12.4 16.0 5.7 -2.0 -11.6 1958
1958 9.3 8.5 9.5 11.3 14.5 15.4 13.6 13.9 12.7 11.7 14.8 14.1 14.9 16.2 17.9 17.8 16.8 16.2 14.2 16.1 17.4 19.2 19.1 17.4 17.1 17.9 21.9 15.2 12.7 14.8 49.1 1959
1959 9.5 8.7 9.6 11.4 14.4 15.3 13.5 13.9 12.7 11.8 14.7 14.0 14.8 16.1 17.6 17.5 16.6 16.0 14.1 15.9 17.0 18.7 18.5 16.9 16.6 17.2 20.4 14.8 12.8 14.3 29.9 13.2 1960
1960 9.2 8.4 9.3 11.0 13.9 14.8 13.0 13.4 12.2 11.3 14.1 13.4 14.1 15.2 16.7 16.5 15.6 14.9 13.2 14.7 15.7 17.0 16.8 15.2 14.7 15.0 17.4 12.3 10.3 10.7 19.3 6.7 0.7 1961
1961 9.7 8.9 9.8 11.5 14.3 15.2 13.5 13.9 12.7 11.9 14.6 14.0 14.7 15.8 17.2 17.1 16.2 15.7 14.0 15.6 16.5 17.8 17.6 16.3 16.0 16.3 18.6 14.4 13.0 13.9 21.3 13.3 13.4 27.6 1962
1962 9.1 8.3 9.1 10.8 13.4 14.2 12.6 12.9 11.8 10.9 13.5 12.8 13.4 14.5 15.7 15.5 14.6 14.0 12.4 13.7 14.5 15.6 15.2 13.8 13.3 13.3 15.0 11.0 9.3 9.5 14.2 6.9 4.8 7.0 -10.3 1963
1963 9.4 8.6 9.5 11.0 13.7 14.4 12.9 13.2 12.1 11.3 13.8 13.1 13.7 14.7 15.9 15.8 14.9 14.4 12.9 14.1 14.9 15.9 15.6 14.3 13.9 14.0 15.5 12.0 10.7 11.0 15.3 9.5 8.6 11.3 4.0 20.6 1964
1964 9.6 8.9 9.7 11.2 13.8 14.5 13.0 13.3 12.3 11.5 13.9 13.3 13.9 14.8 16.0 15.8 15.0 14.5 13.1 14.3 15.0 16.0 15.7 14.5 14.1 14.2 15.7 12.5 11.4 11.7 15.5 10.7 10.2 12.7 8.2 18.8 17.1 1965
1965 9.8 9.1 9.9 11.4 13.9 14.6 13.2 13.5 12.5 11.8 14.1 13.5 14.1 15.0 16.1 16.0 15.2 14.7 13.4 14.6 15.2 16.2 15.9 14.8 14.5 14.6 16.0 13.1 12.2 12.6 16.0 11.9 11.7 14.0 10.9 19.0 18.2 19.4 1966
1966 9.3 8.7 9.4 10.9 13.2 13.9 12.5 12.7 11.8 11.0 13.2 12.7 13.2 14.0 15.0 14.9 14.1 13.6 12.3 13.3 13.9 14.7 14.3 13.2 12.8 12.8 13.9 11.2 10.2 10.3 13.1 9.2 8.7 10.0 6.8 11.6 8.8 4.9 -7.9 1967
1967 9.9 9.3 10.0 11.5 13.8 14.5 13.1 13.4 12.4 11.7 13.9 13.4 13.9 14.7 15.8 15.6 14.9 14.5 13.2 14.3 14.9 15.7 15.4 14.4 14.1 14.2 15.4 12.9 12.1 12.4 15.1 11.8 11.7 13.3 11.1 16.0 14.9 14.2 11.6 35.3 1968
1968 10.1 9.5 10.3 11.7 14.0 14.6 13.3 13.6 12.7 12.0 14.1 13.6 14.1 14.9 15.9 15.8 15.1 14.7 13.5 14.5 15.1 15.9 15.7 14.7 14.5 14.6 15.7 13.4 12.7 13.0 15.5 12.6 12.6 14.2 12.4 16.7 15.9 15.6 14.3 27.4 20.0 1969
1969 9.5 8.8 9.5 10.9 13.1 13.7 12.4 12.6 11.7 11.1 13.1 12.5 13.0 13.7 14.6 14.5 13.8 13.3 12.1 13.0 13.5 14.2 13.9 12.9 12.6 12.6 13.4 11.2 10.4 10.5 12.6 9.8 9.5 10.5 8.5 11.5 10.0 8.7 6.2 11.3 1.0 -15.0 1970
1970 9.2 8.6 9.3 10.6 12.7 13.3 12.0 12.2 11.4 10.7 12.6 12.1 12.5 13.2 14.1 13.9 13.2 12.7 11.6 12.4 12.9 13.5 13.1 12.2 11.8 11.8 12.6 10.4 9.6 9.7 11.5 8.9 8.5 9.3 7.4 9.9 8.4 7.1 4.7 8.2 0.4 -8.2 -0.7 1971
1971 9.4 8.8 9.5 10.7 12.8 13.4 12.1 12.3 11.5 10.9 12.7 12.2 12.6 13.3 14.2 14.0 13.3 12.9 11.8 12.6 13.0 13.6 13.3 12.4 12.1 12.0 12.8 10.8 10.1 10.2 11.9 9.5 9.2 10.0 8.3 10.6 9.4 8.4 6.7 9.9 4.3 -0.5 7.7 16.8 1972
1972 9.5 8.9 9.5 10.8 12.8 13.4 12.2 12.4 11.6 10.9 12.7 12.3 12.7 13.3 14.1 14.0 13.3 12.9 11.9 12.6 13.0 13.6 13.3 12.5 12.1 12.1 12.8 10.9 10.2 10.4 12.0 9.7 9.5 10.2 8.8 10.9 9.9 9.0 7.6 10.4 6.0 2.8 9.5 15.0 13.3 1973
1973 8.7 8.1 8.7 9.9 11.8 12.4 11.2 11.3 10.5 9.9 11.6 11.1 11.5 12.1 12.8 12.6 12.0 11.5 10.4 11.1 11.5 11.9 11.6 10.7 10.3 10.2 10.8 8.9 8.2 8.2 9.5 7.3 6.9 7.4 5.9 7.5 6.2 5.1 3.4 5.2 0.8 -2.6 0.8 1.3 -5.7 -21.5 1974
1974 7.8 7.2 7.8 8.9 10.7 11.2 10.0 10.2 9.4 8.7 10.4 9.8 10.1 10.7 11.3 11.1 10.4 9.9 8.9 9.5 9.7 10.1 9.7 8.8 8.4 8.2 8.6 6.8 6.0 5.8 7.0 4.8 4.2 4.5 2.9 4.1 2.7 1.4 -0.5 0.5 -3.7 -7.1 -5.5 -6.6 -13.3 -24.2 -26.8 1975
1975 8.4 7.9 8.4 9.6 11.4 11.9 10.7 10.9 10.1 9.5 11.1 10.6 11.0 11.5 12.2 12.0 11.3 10.9 9.9 10.5 10.8 11.2 10.9 10.0 9.7 9.5 10.0 8.3 7.6 7.6 8.7 6.7 6.3 6.7 5.4 6.7 5.6 4.6 3.3 4.6 1.3 -1.2 1.4 1.8 -1.7 -6.2 2.6 43.8 1976
1976 8.9 8.3 8.9 10.0 11.8 12.3 11.2 11.4 10.6 10.0 11.6 11.2 11.5 12.0 12.7 12.5 11.9 11.5 10.6 11.2 11.5 11.9 11.6 10.8 10.5 10.4 10.9 9.3 8.7 8.7 9.9 8.0 7.7 8.2 7.0 8.4 7.5 6.7 5.6 7.1 4.3 2.5 5.3 6.4 4.4 2.3 11.7 38.0 32.5 1977
1977 8.7 8.2 8.8 9.8 11.6 12.1 11.0 11.1 10.4 9.8 11.4 10.9 11.2 11.8 12.4 12.2 11.6 11.2 10.3 10.9 11.2 11.5 11.2 10.5 10.2 10.1 10.5 9.0 8.4 8.4 9.5 7.7 7.4 7.8 6.7 7.9 7.1 6.3 5.3 6.6 4.1 2.5 4.9 5.7 4.0 2.2 9.2 24.8 16.2 2.0 1978
1978 8.8 8.2 8.8 9.9 11.6 12.1 11.0 11.1 10.4 9.9 11.4 10.9 11.2 11.7 12.4 12.2 11.6 11.2 10.3 10.9 11.1 11.5 11.2 10.5 10.2 10.1 10.5 9.0 8.5 8.5 9.5 7.9 7.6 8.0 6.9 8.1 7.3 6.7 5.7 7.0 4.7 3.3 5.5 6.3 4.9 3.6 9.5 21.1 14.4 6.3 10.9 1979
1979 9.1 8.6 9.1 10.2 11.9 12.4 11.3 11.5 10.8 10.2 11.7 11.3 11.6 12.1 12.7 12.5 12.0 11.6 10.8 11.3 11.6 12.0 11.7 11.0 10.7 10.7 11.1 9.7 9.2 9.2 10.3 8.7 8.5 8.9 8.0 9.1 8.5 7.9 7.1 8.4 6.4 5.2 7.5 8.5 7.5 6.7 12.3 22.3 17.4 12.8 18.7 27.1 1980
1980 9.5 9.0 9.5 10.6 12.3 12.7 11.7 11.9 11.2 10.7 12.2 11.8 12.1 12.6 13.2 13.0 12.5 12.2 11.3 11.9 12.2 12.6 12.3 11.7 11.4 11.4 11.8 10.5 10.0 10.1 11.2 9.7 9.5 10.0 9.1 10.3 9.7 9.3 8.6 9.9 8.2 7.3 9.6 10.7 10.0 9.6 14.9 23.9 20.3 17.4 23.1 29.7 32.4 1981
1981 9.3 8.8 9.4 10.4 12.0 12.5 11.5 11.6 10.9 10.4 11.9 11.5 11.7 12.2 12.8 12.7 12.2 11.8 11.0 11.5 11.8 12.2 11.9 11.3 11.0 11.0 11.4 10.1 9.6 9.7 10.7 9.2 9.1 9.5 8.6 9.7 9.2 8.7 8.1 9.2 7.6 6.7 8.7 9.6 8.9 8.5 12.9 20.1 16.6 13.7 16.8 18.8 14.9 -0.2 1982
1982 9.5 9.1 9.6 10.6 12.2 12.7 11.7 11.9 11.2 10.7 12.1 11.7 12.0 12.5 13.1 12.9 12.5 12.1 11.3 11.9 12.1 12.5 12.3 11.7 11.4 11.4 11.8 10.6 10.1 10.2 11.2 9.8 9.7 10.1 9.3 10.4 9.9 9.5 9.0 10.1 8.6 7.8 9.8 10.8 10.2 9.9 14.1 20.6 17.6 15.3 18.2 20.1 17.9 11.3 24.1 1983
1983 9.8 9.4 9.9 10.9 12.5 12.9 12.0 12.1 11.5 11.0 12.4 12.0 12.3 12.8 13.4 13.3 12.8 12.5 11.7 12.3 12.5 12.9 12.7 12.1 11.9 11.8 12.3 11.1 10.7 10.8 11.7 10.4 10.3 10.8 10.1 11.1 10.7 10.4 9.9 11.0 9.7 9.0 11.0 11.9 11.5 11.3 15.3 21.3 18.7 16.9 19.6 21.4 20.0 16.2 25.4 26.6 1984
1984 9.7 9.3 9.8 10.8 12.3 12.8 11.8 12.0 11.4 10.9 12.2 11.9 12.2 12.6 13.2 13.0 12.6 12.3 11.5 12.0 12.3 12.6 12.4 11.9 11.6 11.6 12.0 10.9 10.5 10.5 11.4 10.2 10.1 10.5 9.8 10.8 10.4 10.1 9.6 10.6 9.3 8.7 10.5 11.4 11.0 10.8 14.3 19.5 17.1 15.3 17.3 18.4 16.8 13.1 18.0 15.0 4.5 1985
1985 10.1 9.7 10.2 11.1 12.7 13.1 12.2 12.4 11.7 11.3 12.6 12.3 12.6 13.0 13.6 13.5 13.0 12.7 12.0 12.5 12.8 13.1 12.9 12.4 12.2 12.2 12.6 11.5 11.1 11.2 12.1 11.0 10.9 11.3 10.7 11.7 11.3 11.0 10.6 11.7 10.5 10.0 11.8 12.7 12.4 12.3 15.7 20.6 18.5 17.1 19.1 20.3 19.2 16.8 21.5 20.6 17.7 32.6 1986
1986 10.2 9.8 10.3 11.2 12.8 13.2 12.3 12.4 11.8 11.4 12.7 12.4 12.6 13.1 13.6 13.5 13.1 12.8 12.1 12.6 12.9 13.2 13.0 12.5 12.3 12.3 12.7 11.6 11.3 11.4 12.3 11.1 11.1 11.5 10.9 11.9 11.5 11.3 10.9 11.9 10.8 10.3 12.0 12.9 12.6 12.6 15.7 20.2 18.3 17.0 18.8 19.8 18.8 16.6 20.3 19.4 17.1 24.0 15.9 1987
1987 10.0 9.6 10.1 11.0 12.5 12.9 12.0 12.2 11.6 11.2 12.4 12.1 12.4 12.8 13.3 13.2 12.8 12.5 11.8 12.3 12.5 12.9 12.7 12.1 12.0 11.9 12.3 11.3 10.9 11.0 11.8 10.7 10.7 11.0 10.4 11.4 11.0 10.7 10.4 11.3 10.2 9.8 11.3 12.1 11.8 11.7 14.5 18.6 16.7 15.3 16.8 17.4 16.3 14.2 16.7 15.3 12.7 15.5 7.8 0.3 1988
1988 10.2 9.8 10.3 11.2 12.7 13.1 12.2 12.3 11.8 11.3 12.6 12.3 12.5 13.0 13.5 13.4 13.0 12.7 12.0 12.5 12.7 13.1 12.9 12.4 12.2 12.2 12.6 11.6 11.2 11.3 12.1 11.1 11.0 11.4 10.8 11.7 11.4 11.2 10.8 11.8 10.7 10.3 11.8 12.6 12.3 12.3 15.0 18.7 17.0 15.8 17.1 17.8 16.8 15.0 17.4 16.3 14.3 16.9 12.1 10.2 21.1 1989
1989 10.4 10.0 10.5 11.4 12.9 13.3 12.4 12.6 12.0 11.6 12.9 12.5 12.8 13.2 13.8 13.6 13.2 13.0 12.3 12.8 13.1 13.4 13.2 12.7 12.6 12.5 12.9 12.0 11.6 11.7 12.6 11.5 11.5 11.9 11.4 12.3 11.9 11.7 11.4 12.4 11.4 11.0 12.5 13.3 13.1 13.1 15.7 19.3 17.7 16.6 17.9 18.6 17.8 16.3 18.5 17.7 16.3 18.8 15.6 15.5 23.9 26.8 1990
1990 10.1 9.7 10.2 11.1 12.5 12.9 12.0 12.2 11.6 11.2 12.4 12.1 12.3 12.7 13.2 13.1 12.7 12.4 11.8 12.3 12.5 12.8 12.6 12.1 11.9 11.9 12.3 11.3 11.0 11.1 11.8 10.8 10.8 11.1 10.6 11.4 11.1 10.9 10.5 11.4 10.4 10.0 11.4 12.0 11.8 11.7 14.1 17.3 15.7 14.6 15.6 16.0 15.0 13.4 15.1 14.0 12.3 13.6 10.2 8.8 11.8 7.4 -9.0 1991
1991 10.5 10.1 10.6 11.5 12.9 13.2 12.4 12.6 12.0 11.6 12.8 12.5 12.8 13.2 13.7 13.6 13.2 12.9 12.3 12.8 13.0 13.3 13.1 12.7 12.5 12.5 12.9 12.0 11.7 11.8 12.5 11.6 11.5 11.9 11.4 12.2 12.0 11.8 11.5 12.3 11.5 11.1 12.5 13.2 13.0 13.0 15.3 18.4 17.0 16.0 17.1 17.6 16.8 15.5 17.2 16.4 15.2 16.8 14.4 14.1 17.8 16.7 12.0 38.0 1992
1992 10.5 10.2 10.6 11.5 12.9 13.2 12.4 12.6 12.0 11.7 12.8 12.5 12.8 13.2 13.7 13.6 13.2 12.9 12.3 12.8 13.0 13.3 13.2 12.7 12.5 12.5 12.9 12.0 11.7 11.8 12.6 11.6 11.6 11.9 11.5 12.3 12.0 11.8 11.6 12.4 11.5 11.2 12.5 13.2 13.0 13.0 15.2 18.1 16.7 15.8 16.8 17.2 16.5 15.3 16.8 16.1 15.0 16.4 14.2 13.9 16.9 15.9 12.4 25.0 13.3 1993
1993 10.6 10.2 10.6 11.5 12.9 13.2 12.4 12.6 12.1 11.7 12.8 12.5 12.8 13.2 13.7 13.5 13.2 12.9 12.3 12.8 13.0 13.3 13.1 12.7 12.5 12.5 12.9 12.0 11.7 11.8 12.5 11.6 11.6 12.0 11.5 12.3 12.0 11.8 11.6 12.4 11.6 11.3 12.5 13.1 13.0 12.9 15.0 17.8 16.5 15.6 16.5 16.9 16.2 15.1 16.4 15.8 14.7 15.9 14.0 13.7 16.1 15.2 12.4 20.7 12.9 12.4 1994
1994 10.4 10.0 10.5 11.3 12.6 13.0 12.2 12.4 11.8 11.5 12.6 12.3 12.5 12.9 13.4 13.3 12.9 12.6 12.1 12.5 12.7 13.0 12.8 12.4 12.2 12.2 12.6 11.7 11.4 11.5 12.2 11.3 11.3 11.6 11.1 11.9 11.6 11.4 11.2 11.9 11.1 10.8 12.0 12.5 12.4 12.3 14.3 16.8 15.6 14.7 15.5 15.8 15.1 13.9 15.1 14.4 13.3 14.2 12.4 11.9 13.7 12.5 9.8 15.1 8.4 6.0 0.0 1995
1995 10.7 10.4 10.8 11.7 13.0 13.3 12.6 12.7 12.2 11.8 13.0 12.7 12.9 13.3 13.8 13.7 13.3 13.1 12.5 12.9 13.2 13.4 13.3 12.9 12.7 12.7 13.1 12.2 12.0 12.1 12.8 11.9 11.9 12.2 11.8 12.6 12.3 12.2 11.9 12.7 11.9 11.7 12.8 13.4 13.3 13.3 15.2 17.7 16.5 15.7 16.6 16.9 16.3 15.3 16.5 15.9 15.1 16.1 14.6 14.4 16.3 15.6 13.9 19.1 14.8 15.3 16.8 36.5 1996
1996 10.9 10.6 11.0 11.8 13.1 13.5 12.7 12.9 12.4 12.0 13.1 12.8 13.1 13.5 13.9 13.8 13.5 13.2 12.7 13.1 13.3 13.6 13.5 13.1 12.9 12.9 13.3 12.5 12.2 12.3 13.0 12.2 12.2 12.5 12.1 12.8 12.6 12.5 12.3 13.0 12.3 12.0 13.2 13.8 13.6 13.7 15.5 17.9 16.8 16.1 16.9 17.2 16.7 15.7 16.9 16.4 15.6 16.6 15.3 15.2 17.0 16.5 15.1 19.7 16.3 17.1 18.7 29.4 22.6 1997
1997 11.2 10.8 11.3 12.1 13.4 13.7 13.0 13.1 12.7 12.3 13.4 13.1 13.4 13.8 14.2 14.1 13.8 13.6 13.0 13.5 13.7 14.0 13.8 13.5 13.3 13.3 13.7 12.9 12.7 12.8 13.5 12.7 12.6 13.0 12.6 13.3 13.1 13.0 12.8 13.6 12.9 12.7 13.8 14.4 14.3 14.3 16.1 18.5 17.5 16.8 17.6 17.9 17.5 16.6 17.8 17.4 16.7 17.7 16.6 16.6 18.4 18.1 17.1 21.4 18.8 19.9 21.9 30.2 27.2 31.9 1998
1998 11.3 10.9 11.4 12.2 13.5 13.8 13.1 13.2 12.7 12.4 13.5 13.2 13.5 13.8 14.3 14.2 13.9 13.6 13.1 13.5 13.8 14.0 13.9 13.5 13.4 13.4 13.8 13.0 12.8 12.9 13.6 12.8 12.8 13.1 12.7 13.5 13.3 13.2 13.0 13.7 13.1 12.8 13.9 14.5 14.4 14.5 16.2 18.5 17.5 16.8 17.6 17.9 17.5 16.7 17.8 17.4 16.8 17.7 16.7 16.7 18.3 18.1 17.1 20.9 18.6 19.6 21.0 26.9 23.9 24.6 17.6 1999
1999 11.4 11.0 11.5 12.3 13.5 13.9 13.2 13.3 12.8 12.5 13.6 13.3 13.6 13.9 14.4 14.3 14.0 13.8 13.2 13.7 13.9 14.2 14.0 13.7 13.5 13.6 13.9 13.1 12.9 13.0 13.7 12.9 12.9 13.3 12.9 13.6 13.4 13.3 13.2 13.9 13.3 13.0 14.1 14.7 14.6 14.7 16.3 18.5 17.6 17.0 17.7 18.0 17.6 16.9 17.9 17.5 17.0 17.9 16.9 17.0 18.5 18.2 17.4 20.8 18.8 19.6 20.8 25.5 22.9 23.0 18.7 19.8 2000
2000 11.2 10.9 11.3 12.1 13.3 13.6 12.9 13.1 12.6 12.3 13.3 13.1 13.3 13.6 14.1 14.0 13.7 13.5 12.9 13.3 13.6 13.8 13.7 13.3 13.2 13.2 13.5 12.8 12.6 12.7 13.3 12.6 12.5 12.9 12.5 13.2 13.0 12.9 12.7 13.4 12.8 12.5 13.6 14.1 14.0 14.0 15.6 17.6 16.7 16.1 16.7 17.0 16.6 15.8 16.7 16.3 15.8 16.5 15.5 15.5 16.7 16.4 15.5 18.3 16.3 16.6 17.3 20.4 17.4 16.2 11.3 8.3 -2.1 2001
2001 11.0 10.6 11.1 11.8 13.0 13.4 12.7 12.8 12.3 12.0 13.0 12.8 13.0 13.3 13.7 13.7 13.3 13.1 12.6 13.0 13.2 13.4 13.3 13.0 12.8 12.8 13.1 12.4 12.2 12.3 12.9 12.1 12.1 12.4 12.1 12.7 12.5 12.4 12.2 12.8 12.2 12.0 13.0 13.4 13.3 13.3 14.8 16.8 15.8 15.2 15.8 16.0 15.5 14.8 15.6 15.2 14.6 15.2 14.2 14.1 15.1 14.7 13.7 16.0 14.0 14.1 14.3 16.5 13.5 11.8 7.3 4.0 -3.1 -4.2 2002
2002 10.5 10.2 10.6 11.3 12.5 12.8 12.1 12.2 11.8 11.5 12.4 12.2 12.4 12.7 13.1 13.0 12.7 12.5 12.0 12.3 12.5 12.7 12.6 12.2 12.1 12.1 12.4 11.6 11.4 11.5 12.0 11.3 11.3 11.5 11.2 11.8 11.6 11.4 11.2 11.8 11.2 10.9 11.8 12.3 12.1 12.1 13.5 15.3 14.3 13.7 14.2 14.3 13.8 13.0 13.7 13.2 12.5 13.0 11.9 11.7 12.5 11.9 10.8 12.6 10.6 10.3 10.1 11.4 8.2 6.0 1.4 -2.3 -8.7 -11.8 -18.8 2003
2003 10.8 10.5 10.9 11.6 12.8 13.1 12.4 12.5 12.1 11.8 12.7 12.5 12.7 13.0 13.4 13.3 13.0 12.8 12.3 12.7 12.9 13.1 13.0 12.6 12.5 12.5 12.8 12.1 11.9 11.9 12.5 11.8 11.8 12.0 11.7 12.3 12.1 12.0 11.8 12.4 11.8 11.6 12.4 12.9 12.8 12.7 14.1 15.9 15.0 14.4 14.9 15.0 14.6 13.9 14.5 14.1 13.5 14.0 13.1 12.9 13.7 13.2 12.3 14.2 12.4 12.3 12.3 13.8 11.2 9.6 6.3 4.2 0.6 1.5 4.5 34.6 2004
2004 10.8 10.5 10.9 11.7 12.8 13.1 12.5 12.6 12.1 11.8 12.8 12.5 12.7 13.1 13.5 13.4 13.1 12.8 12.4 12.7 12.9 13.1 13.0 12.7 12.5 12.5 12.8 12.1 11.9 12.0 12.5 11.9 11.8 12.1 11.8 12.3 12.2 12.0 11.8 12.4 11.9 11.6 12.5 12.9 12.8 12.8 14.1 15.8 15.0 14.4 14.9 15.0 14.6 13.9 14.5 14.1 13.6 14.0 13.1 13.0 13.8 13.3 12.5 14.2 12.6 12.5 12.5 13.9 11.6 10.3 7.5 5.9 3.3 4.7 7.8 24.3 14.8 2005
2005 10.8 10.5 10.9 11.6 12.7 13.0 12.4 12.5 12.1 11.7 12.7 12.4 12.6 13.0 13.3 13.3 13.0 12.7 12.3 12.6 12.8 13.0 12.9 12.6 12.4 12.4 12.7 12.0 11.8 11.9 12.4 11.7 11.7 12.0 11.6 12.2 12.0 11.9 11.7 12.3 11.7 11.5 12.4 12.7 12.6 12.6 13.9 15.5 14.7 14.1 14.6 14.7 14.3 13.6 14.2 13.8 13.3 13.7 12.8 12.7 13.4 12.9 12.1 13.7 12.1 12.1 12.0 13.2 11.1 9.9 7.4 6.0 3.9 5.1 7.6 18.1 10.7 6.8 2006
2006 10.9 10.5 10.9 11.7 12.8 13.1 12.4 12.5 12.1 11.8 12.7 12.5 12.7 13.0 13.4 13.3 13.0 12.8 12.3 12.7 12.9 13.1 13.0 12.6 12.5 12.5 12.8 12.1 11.9 12.0 12.5 11.8 11.8 12.1 11.7 12.3 12.1 12.0 11.8 12.4 11.8 11.6 12.5 12.8 12.7 12.7 14.0 15.6 14.7 14.2 14.6 14.8 14.3 13.7 14.3 13.9 13.4 13.8 13.0 12.8 13.5 13.1 12.4 13.9 12.4 12.4 12.4 13.4 11.6 10.5 8.4 7.2 5.6 6.9 9.2 17.7 12.5 11.4 16.3 2007
2007 10.8 10.5 10.8 11.6 12.7 13.0 12.3 12.4 12.0 11.7 12.6 12.4 12.6 12.9 13.2 13.2 12.9 12.7 12.2 12.5 12.7 12.9 12.8 12.5 12.3 12.3 12.6 11.9 11.7 11.8 12.3 11.7 11.6 11.9 11.6 12.1 11.9 11.8 11.6 12.2 11.6 11.4 12.2 12.6 12.5 12.5 13.7 15.2 14.4 13.9 14.3 14.4 14.0 13.3 13.9 13.5 13.0 13.4 12.6 12.4 13.0 12.6 11.9 13.3 11.9 11.8 11.7 12.7 10.9 9.9 7.9 6.9 5.4 6.5 8.4 14.8 10.4 9.0 10.1 4.2 2008
2008 10.0 9.7 10.1 10.8 11.8 12.1 11.5 11.6 11.1 10.8 11.7 11.5 11.6 11.9 12.3 12.2 11.9 11.7 11.2 11.5 11.7 11.9 11.7 11.4 11.2 11.2 11.4 10.8 10.6 10.6 11.1 10.4 10.4 10.6 10.3 10.8 10.5 10.4 10.2 10.7 10.1 9.9 10.6 10.9 10.8 10.7 11.8 13.2 12.4 11.8 12.2 12.2 11.7 11.0 11.5 11.0 10.4 10.7 9.8 9.6 10.0 9.5 8.7 9.7 8.3 8.0 7.7 8.2 6.3 5.1 2.9 1.6 -0.3 -0.1 0.5 4.2 -1.0 -4.6 -8.1 -18.3 -36.0 2009
2009 10.3 10.0 10.3 11.0 12.1 12.3 11.7 11.8 11.4 11.1 12.0 11.7 11.9 12.2 12.6 12.5 12.2 12.0 11.5 11.8 12.0 12.2 12.0 11.7 11.6 11.5 11.8 11.1 10.9 11.0 11.5 10.8 10.8 11.0 10.7 11.2 11.0 10.8 10.7 11.1 10.6 10.4 11.1 11.4 11.3 11.2 12.3 13.7 12.9 12.4 12.7 12.8 12.3 11.7 12.2 11.7 11.2 11.5 10.7 10.5 10.9 10.5 9.7 10.8 9.5 9.2 9.1 9.7 8.0 6.9 5.1 4.0 2.5 3.1 4.0 7.8 3.8 1.8 0.6 -4.2 -8.1 32.0 2010
2010 10.4 10.1 10.4 11.1 12.2 12.4 11.8 11.9 11.5 11.2 12.1 11.8 12.0 12.3 12.7 12.6 12.3 12.1 11.6 11.9 12.1 12.3 12.2 11.8 11.7 11.7 11.9 11.3 11.1 11.1 11.6 11.0 11.0 11.2 10.9 11.4 11.2 11.0 10.9 11.3 10.8 10.6 11.3 11.6 11.5 11.5 12.5 13.9 13.1 12.6 12.9 13.0 12.6 12.0 12.4 12.0 11.5 11.8 11.0 10.8 11.3 10.9 10.2 11.3 10.0 9.8 9.7 10.3 8.8 7.8 6.2 5.3 4.0 4.7 5.7 9.2 6.0 4.6 4.2 1.4 0.5 25.9 20.1 2011
2011 10.3 10.0 10.3 11.0 12.0 12.3 11.7 11.8 11.4 11.1 11.9 11.7 11.9 12.1 12.5 12.4 12.1 11.9 11.5 11.8 11.9 12.1 12.0 11.6 11.5 11.5 11.7 11.1 10.9 10.9 11.4 10.8 10.8 11.0 10.6 11.1 10.9 10.8 10.6 11.1 10.6 10.4 11.1 11.4 11.2 11.2 12.2 13.5 12.8 12.2 12.6 12.6 12.2 11.6 12.0 11.6 11.1 11.4 10.6 10.4 10.9 10.4 9.7 10.7 9.5 9.3 9.2 9.7 8.2 7.3 5.8 4.9 3.8 4.3 5.2 8.3 5.4 4.1 3.6 1.3 0.6 16.9 10.0 0.8 2012
2012 10.3 10.0 10.4 11.0 12.1 12.3 11.7 11.8 11.4 11.1 12.0 11.7 11.9 12.2 12.5 12.4 12.2 12.0 11.5 11.8 12.0 12.2 12.0 11.7 11.6 11.6 11.8 11.2 11.0 11.0 11.5 10.9 10.9 11.1 10.8 11.2 11.0 10.9 10.7 11.2 10.7 10.5 11.2 11.5 11.4 11.3 12.3 13.6 12.9 12.4 12.7 12.7 12.3 11.7 12.1 11.8 11.3 11.5 10.8 10.6 11.1 10.7 10.0 11.0 9.8 9.7 9.5 10.1 8.7 7.9 6.4 5.7 4.7 5.2 6.1 9.0 6.5 5.5 5.3 3.6 3.5 16.7 12.1 8.2 16.2 2013
2013 10.6 10.3 10.7 11.3 12.3 12.6 12.0 12.1 11.7 11.4 12.3 12.1 12.2 12.5 12.8 12.8 12.5 12.3 11.9 12.2 12.3 12.5 12.4 12.1 12.0 11.9 12.2 11.6 11.4 11.4 11.9 11.3 11.3 11.5 11.2 11.7 11.5 11.4 11.2 11.7 11.2 11.0 11.7 12.0 11.9 11.9 12.9 14.1 13.4 13.0 13.3 13.4 13.0 12.4 12.8 12.5 12.1 12.3 11.7 11.5 12.0 11.6 11.0 12.0 10.9 10.8 10.7 11.3 10.1 9.4 8.1 7.5 6.7 7.4 8.4 11.3 9.2 8.6 8.9 7.8 8.5 20.5 17.8 17.0 26.1 36.9 2014
2014 10.6 10.3 10.7 11.3 12.3 12.6 12.0 12.1 11.7 11.4 12.3 12.0 12.2 12.5 12.8 12.7 12.5 12.3 11.8 12.1 12.3 12.5 12.4 12.1 11.9 11.9 12.1 11.6 11.4 11.4 11.9 11.3 11.3 11.5 11.2 11.7 11.5 11.4 11.2 11.7 11.2 11.0 11.7 12.0 11.9 11.8 12.8 14.0 13.4 12.9 13.2 13.3 12.9 12.4 12.8 12.4 12.0 12.3 11.6 11.5 11.9 11.6 11.0 11.9 10.9 10.8 10.7 11.3 10.1 9.5 8.3 7.7 7.0 7.6 8.6 11.3 9.4 8.8 9.1 8.2 8.8 18.8 16.4 15.4 20.8 23.1 10.7 2015
2015 10.5 10.2 10.5 11.2 12.1 12.4 11.8 11.9 11.5 11.2 12.1 11.8 12.0 12.3 12.6 12.5 12.2 12.1 11.6 11.9 12.1 12.2 12.1 11.8 11.7 11.7 11.9 11.3 11.1 11.2 11.6 11.1 11.0 11.2 10.9 11.4 11.2 11.1 10.9 11.4 10.9 10.7 11.4 11.7 11.5 11.5 12.4 13.6 13.0 12.5 12.8 12.8 12.5 11.9 12.3 12.0 11.6 11.8 11.2 11.0 11.4 11.1 10.5 11.4 10.4 10.2 10.1 10.7 9.5 8.8 7.7 7.1 6.4 7.0 7.8 10.2 8.4 7.8 7.9 7.0 7.4 15.6 13.1 11.8 14.7 14.2 4.3 -1.8 2016
2016 10.5 10.2 10.6 11.2 12.2 12.4 11.9 12.0 11.6 11.3 12.1 11.9 12.1 12.3 12.6 12.6 12.3 12.1 11.7 12.0 12.1 12.3 12.2 11.9 11.8 11.8 12.0 11.4 11.2 11.3 11.7 11.1 11.1 11.3 11.0 11.5 11.3 11.2 11.0 11.5 11.0 10.8 11.5 11.7 11.6 11.6 12.5 13.7 13.0 12.6 12.9 12.9 12.6 12.0 12.4 12.1 11.7 11.9 11.3 11.2 11.5 11.2 10.7 11.5 10.6 10.5 10.4 10.9 9.8 9.2 8.1 7.6 6.9 7.5 8.3 10.6 8.9 8.4 8.6 7.9 8.3 15.6 13.5 12.4 14.9 14.5 7.9 6.6 15.6 2017
2017 10.6 10.4 10.7 11.3 12.3 12.5 12.0 12.1 11.7 11.4 12.2 12.0 12.2 12.4 12.7 12.7 12.4 12.2 11.8 12.1 12.2 12.4 12.3 12.0 11.9 11.9 12.1 11.5 11.4 11.4 11.8 11.3 11.3 11.5 11.2 11.6 11.5 11.4 11.2 11.6 11.2 11.0 11.7 11.9 11.8 11.8 12.7 13.8 13.2 12.8 13.1 13.1 12.8 12.3 12.7 12.3 11.9 12.2 11.6 11.5 11.9 11.5 11.0 11.9 11.0 10.9 10.8 11.3 10.3 9.7 8.7 8.3 7.6 8.2 9.1 11.2 9.7 9.4 9.6 9.0 9.5 16.2 14.4 13.6 15.9 15.8 11.1 11.2 18.3 21.0 2018
2018 10.4 10.1 10.5 11.1 12.0 12.3 11.7 11.8 11.4 11.2 12.0 11.7 11.9 12.2 12.5 12.4 12.1 11.9 11.5 11.8 11.9 12.1 12.0 11.7 11.6 11.6 11.8 11.2 11.1 11.1 11.5 11.0 10.9 11.1 10.9 11.3 11.1 11.0 10.9 11.3 10.8 10.6 11.2 11.5 11.4 11.4 12.2 13.3 12.7 12.3 12.5 12.6 12.2 11.7 12.1 11.8 11.4 11.6 11.0 10.8 11.2 10.9 10.4 11.1 10.3 10.1 10.0 10.5 9.5 8.9 7.9 7.5 6.8 7.4 8.1 10.0 8.6 8.1 8.2 7.6 7.9 13.7 11.8 10.8 12.4 11.7 7.3 6.4 9.3 6.3 -6.6
1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
1928
1928
1929
35.8
6.7
1929
-16.2 1930
Dimensional US Adjusted Market 2 Index
1930 -8.9 -25.3 -33.5 1931 1928–2018: Total Returns (%)
1931 -21.4 -34.5 -42.1 -49.6 1932
1932 -18.7 -28.5 -32.2 -31.5 -7.1 1933
1933 -6.8 -13.6 -12.9 -4.7 31.0 84.7 1934
1934 -5.2 -10.7 -9.6 -2.4 21.7 39.2 5.0 1935 Growth of $1
$100,000
1935 0.2 -4.0 -1.8 6.1 27.8 42.1 24.6 47.9 1936
1936 3.9 0.5 3.1 11.0 29.9 41.3 29.2 43.3 38.9 1937
$10,000
1937 -1.3 -4.8 -3.3 2.1 14.8 19.7 7.4 8.3 -7.3 -38.2 1938
$11,354
1938 1.2 -1.8 0.0 5.2 16.9 21.4 11.6 13.4 3.8 -10.3 30.1 1939
1939 0.9 -1.7 -0.2 4.4 14.4 17.8 9.3 10.2 2.4 -7.5 13.2 -1.5 1940 $1,000
1940 0.4 -2.1 -0.7 3.3 11.9 14.5 7.0 7.3 0.7 -7.1 6.4 -3.8 -6.0 1941
1941 -0.2 -2.5 -1.3 2.3 9.8 11.9 5.1 5.1 -0.8 -7.2 2.7 -5.1 -6.8 -7.5 1942 $100
1942 1.0 -1.1 0.2 3.7 10.7 12.7 6.6 6.8 2.0 -3.1 6.0 0.7 1.5 5.4 20.2 1943
1943 3.0 1.1 2.4 5.9 12.7 14.6 9.3 9.8 5.8 1.8 10.6 7.0 9.3 14.9 28.1 36.6 1944 $10
1944 4.3 2.6 4.0 7.4 13.8 15.8 10.9 11.6 8.1 4.8 13.0 10.4 12.9 18.2 28.3 32.5 28.6 1945
1945 6.4 4.9 6.3 9.7 16.0 18.0 13.6 14.5 11.6 8.9 16.9 15.1 18.1 23.6 33.0 37.5 38.0 48.0 1946 $1
1946 5.6 4.2 5.5 8.6 14.3 16.0 11.9 12.5 9.8 7.2 14.0 12.1 14.2 18.0 23.9 24.8 21.1 17.6 -6.6 1947
1947 5.5 4.1 5.4 8.3 13.6 15.1 11.3 11.8 9.2 6.9 12.9 11.1 12.8 15.8 20.2 20.2 16.4 12.6 -1.8 3.3 1948 $0
1948 5.2 3.9 5.1 7.8 12.7 14.1 10.5 10.9 8.5 6.3 11.6 9.9 11.3 13.7 17.1 16.5 12.9 9.3 -1.2 1.6 -0.1 1949 1928 2018
1950 7.0 5.9 7.1 9.6 14.2 15.5 12.4 12.9 10.8 9.1 13.9 12.7 14.1 16.3 19.3 19.2 16.9 15.0 9.4 13.8 17.6 27.5 36.6 1951
1951 7.5 6.4 7.6 10.0 14.4 15.7 12.7 13.2 11.3 9.7 14.3 13.1 14.5 16.5 19.3 19.1 17.1 15.6 10.9 14.8 17.9 24.5 27.4 18.8 1952
1952 7.7 6.6 7.8 10.2 14.3 15.5 12.7 13.2 11.4 9.9 14.2 13.1 14.3 16.2 18.6 18.5 16.6 15.2 11.1 14.4 16.8 21.4 22.2 15.6 12.4 1953
1953 7.3 6.3 7.4 9.6 13.5 14.6 11.9 12.3 10.6 9.1 13.1 12.0 13.1 14.7 16.8 16.5 14.6 13.2 9.4 11.9 13.4 16.4 15.7 9.5 5.1 -1.8 1954
1954 8.8 7.8 8.9 11.2 15.1 16.2 13.7 14.1 12.6 11.3 15.2 14.3 15.5 17.2 19.3 19.3 17.8 16.8 13.7 16.6 18.6 22.0 22.6 19.4 19.6 23.3 54.9 1955
1955 9.2 8.3 9.4 11.6 15.4 16.5 14.0 14.5 13.0 11.8 15.6 14.8 15.9 17.5 19.5 19.5 18.1 17.2 14.5 17.2 19.0 22.0 22.5 19.9 20.2 22.9 37.4 21.9 1956
1956 9.2 8.4 9.4 11.5 15.1 16.1 13.8 14.2 12.9 11.7 15.2 14.4 15.5 17.0 18.8 18.7 17.4 16.5 14.0 16.3 17.9 20.3 20.5 18.1 17.9 19.3 27.3 15.4 9.3 1957
1957 8.4 7.5 8.5 10.5 13.9 14.8 12.6 12.9 11.5 10.4 13.6 12.8 13.6 14.9 16.5 16.3 14.9 13.9 11.5 13.3 14.3 16.1 15.7 13.0 12.1 12.0 15.7 5.0 -2.6 -13.1 1958
1958 9.6 8.8 9.8 11.7 15.1 16.0 13.9 14.3 13.0 12.0 15.2 14.5 15.4 16.7 18.3 18.2 17.1 16.3 14.1 16.1 17.3 19.2 19.2 17.2 17.0 17.7 22.1 15.1 12.9 14.7 51.4 1959
1959 9.7 8.9 9.9 11.8 15.0 15.9 13.9 14.2 13.0 12.0 15.1 14.4 15.2 16.5 18.0 17.9 16.8 16.0 14.0 15.8 16.9 18.6 18.6 16.7 16.4 17.0 20.5 14.6 12.8 14.0 30.7 12.8 1960
1960 9.4 8.6 9.5 11.4 14.5 15.3 13.3 13.6 12.5 11.5 14.4 13.7 14.5 15.6 17.0 16.8 15.7 15.0 13.1 14.6 15.5 16.9 16.7 14.9 14.5 14.8 17.4 12.1 10.2 10.4 19.6 6.3 0.1 1961
1961 9.9 9.2 10.1 11.9 14.9 15.7 13.8 14.1 13.0 12.1 14.9 14.3 15.1 16.2 17.5 17.4 16.4 15.7 13.9 15.5 16.4 17.7 17.6 16.1 15.8 16.2 18.6 14.2 12.9 13.7 21.6 13.0 13.2 27.9 1962
1962 9.2 8.5 9.4 11.1 14.0 14.7 12.9 13.2 12.1 11.1 13.8 13.1 13.8 14.8 16.0 15.8 14.8 14.1 12.3 13.7 14.4 15.5 15.2 13.6 13.1 13.2 15.0 10.8 9.3 9.3 14.4 6.7 4.8 7.2 -10.2 1963
1963 9.5 8.9 9.7 11.4 14.2 14.9 13.1 13.4 12.4 11.5 14.0 13.4 14.1 15.1 16.2 16.0 15.1 14.4 12.8 14.1 14.8 15.8 15.6 14.1 13.8 13.9 15.6 11.9 10.7 10.9 15.5 9.4 8.6 11.5 4.2 20.9 1964
1964 9.8 9.1 9.9 11.6 14.3 15.0 13.3 13.6 12.5 11.7 14.2 13.6 14.3 15.2 16.3 16.1 15.2 14.6 13.1 14.3 14.9 16.0 15.8 14.4 14.1 14.2 15.8 12.5 11.5 11.7 15.8 10.8 10.4 13.1 8.5 19.3 17.8 1965
1965 10.0 9.4 10.2 11.8 14.5 15.2 13.5 13.8 12.8 12.0 14.4 13.9 14.5 15.4 16.5 16.3 15.5 14.9 13.5 14.6 15.3 16.3 16.1 14.9 14.6 14.7 16.2 13.2 12.4 12.8 16.5 12.2 12.1 14.7 11.6 20.0 19.6 21.4 1966
1966 9.6 8.9 9.7 11.2 13.8 14.5 12.8 13.1 12.1 11.3 13.6 13.0 13.6 14.4 15.4 15.2 14.4 13.8 12.4 13.4 14.0 14.8 14.5 13.3 12.9 13.0 14.2 11.3 10.4 10.5 13.5 9.5 9.1 10.6 7.5 12.4 9.7 5.9 -7.7 1967
1967 10.2 9.6 10.4 11.9 14.4 15.1 13.5 13.8 12.8 12.1 14.3 13.8 14.4 15.2 16.2 16.1 15.3 14.7 13.4 14.5 15.1 15.9 15.7 14.6 14.4 14.5 15.8 13.2 12.5 12.8 15.8 12.4 12.3 14.2 12.1 17.1 16.2 15.7 13.0 38.2 1968
1968 10.5 9.9 10.7 12.2 14.6 15.3 13.8 14.0 13.1 12.4 14.6 14.1 14.7 15.5 16.5 16.4 15.6 15.1 13.8 14.9 15.5 16.3 16.2 15.1 14.9 15.1 16.3 13.9 13.3 13.7 16.5 13.5 13.5 15.3 13.7 18.2 17.7 17.7 16.4 30.8 23.7 1969
1969 9.7 9.2 9.9 11.3 13.6 14.3 12.7 13.0 12.1 11.4 13.4 12.9 13.4 14.2 15.1 14.9 14.1 13.6 12.3 13.2 13.7 14.4 14.2 13.1 12.8 12.8 13.8 11.5 10.8 10.9 13.1 10.2 9.9 11.1 9.1 12.2 10.8 9.5 6.7 12.0 0.8 -17.8 1970
1970 9.5 8.9 9.6 11.0 13.3 13.8 12.4 12.6 11.7 11.0 13.0 12.5 13.0 13.7 14.5 14.3 13.5 13.0 11.8 12.6 13.0 13.7 13.4 12.4 12.0 12.0 12.9 10.7 10.0 10.0 12.0 9.3 8.9 9.9 8.0 10.5 9.1 7.8 5.2 8.7 0.4 -9.6 -0.5 1971
1971 9.6 9.1 9.8 11.1 13.3 13.9 12.5 12.7 11.8 11.1 13.1 12.6 13.1 13.7 14.5 14.3 13.6 13.1 11.9 12.8 13.2 13.8 13.5 12.6 12.2 12.2 13.1 11.0 10.4 10.4 12.3 9.8 9.5 10.4 8.8 11.2 10.0 9.0 7.0 10.2 4.2 -1.7 7.6 16.4 1972
1972 9.7 9.1 9.8 11.1 13.3 13.8 12.4 12.6 11.8 11.1 13.0 12.6 13.0 13.7 14.4 14.2 13.5 13.0 11.9 12.7 13.1 13.7 13.4 12.5 12.2 12.2 13.0 11.0 10.4 10.5 12.3 9.9 9.7 10.5 9.0 11.2 10.1 9.2 7.6 10.4 5.5 1.4 8.7 13.7 11.1 1973
1973 8.8 8.3 8.9 10.2 12.3 12.8 11.4 11.6 10.8 10.1 11.9 11.4 11.8 12.4 13.1 12.8 12.1 11.6 10.5 11.2 11.5 12.0 11.7 10.7 10.3 10.2 10.9 9.0 8.3 8.2 9.7 7.4 7.0 7.6 6.0 7.6 6.4 5.2 3.3 5.0 0.3 -3.8 0.0 0.2 -7.0 -22.1 1974
1974 8.0 7.4 8.0 9.2 11.2 11.7 10.3 10.5 9.6 8.9 10.6 10.1 10.5 11.0 11.6 11.4 10.6 10.1 9.0 9.6 9.8 10.2 9.9 8.9 8.5 8.3 8.8 6.9 6.2 6.0 7.2 4.9 4.4 4.8 3.2 4.4 3.0 1.6 -0.4 0.6 -3.9 -7.9 -5.7 -7.0 -13.7 -23.9 -25.7 1975
1975 8.7 8.2 8.8 10.0 11.9 12.4 11.1 11.2 10.5 9.8 11.5 11.0 11.4 11.9 12.6 12.3 11.6 11.1 10.1 10.7 11.0 11.4 11.1 10.2 9.9 9.8 10.3 8.6 7.9 7.9 9.2 7.1 6.7 7.2 5.8 7.2 6.1 5.1 3.6 5.0 1.4 -1.4 1.6 2.0 -1.3 -5.1 4.8 47.8 1976
1976 9.2 8.7 9.3 10.5 12.4 12.9 11.6 11.8 11.0 10.4 12.1 11.6 12.0 12.6 13.2 13.0 12.4 11.9 10.9 11.5 11.8 12.3 12.0 11.2 10.9 10.8 11.4 9.7 9.2 9.2 10.5 8.6 8.3 8.9 7.7 9.1 8.3 7.5 6.3 7.8 4.9 2.8 6.1 7.2 5.5 4.2 14.8 42.6 37.5 1977
1977 9.1 8.6 9.2 10.4 12.3 12.7 11.5 11.6 10.9 10.3 11.9 11.5 11.8 12.3 13.0 12.8 12.1 11.7 10.7 11.3 11.6 12.0 11.7 10.9 10.6 10.6 11.1 9.5 9.0 9.0 10.2 8.4 8.1 8.6 7.5 8.8 8.0 7.3 6.2 7.6 4.9 3.0 5.9 6.9 5.4 4.3 12.2 28.7 20.0 4.7 1978
1978 9.2 8.7 9.3 10.4 12.3 12.7 11.5 11.6 10.9 10.3 11.9 11.5 11.8 12.3 12.9 12.7 12.1 11.7 10.7 11.3 11.6 12.0 11.8 11.0 10.7 10.6 11.2 9.6 9.1 9.1 10.3 8.6 8.4 8.8 7.8 9.0 8.3 7.6 6.7 7.9 5.5 3.9 6.6 7.6 6.3 5.6 12.2 24.4 17.4 8.5 12.3 1979
1979 9.5 9.1 9.7 10.8 12.6 13.1 11.9 12.0 11.3 10.8 12.3 11.9 12.3 12.8 13.4 13.2 12.6 12.2 11.3 11.8 12.1 12.5 12.3 11.6 11.3 11.3 11.8 10.4 9.9 10.0 11.1 9.5 9.3 9.9 8.9 10.2 9.5 9.0 8.2 9.5 7.4 6.0 8.8 9.9 9.1 8.8 15.0 25.5 20.5 15.3 20.9 30.1 1980
1980 9.9 9.5 10.1 11.2 13.0 13.4 12.3 12.4 11.8 11.2 12.7 12.3 12.7 13.2 13.8 13.6 13.1 12.7 11.8 12.4 12.7 13.1 12.9 12.2 12.0 12.0 12.5 11.1 10.7 10.8 12.0 10.5 10.3 10.9 10.1 11.3 10.8 10.3 9.6 11.0 9.1 8.0 10.7 11.9 11.4 11.5 17.3 26.6 22.7 19.3 24.6 31.2 32.2 1981
1981 9.8 9.3 9.9 11.0 12.7 13.2 12.0 12.2 11.5 11.0 12.5 12.1 12.4 12.9 13.5 13.3 12.8 12.4 11.5 12.1 12.4 12.7 12.6 11.9 11.6 11.6 12.1 10.8 10.4 10.4 11.5 10.1 9.9 10.4 9.6 10.8 10.2 9.8 9.1 10.3 8.6 7.5 9.9 10.9 10.4 10.3 15.2 22.7 18.9 15.5 18.4 20.5 16.0 1.7 1982
1982 10.0 9.6 10.2 11.2 13.0 13.4 12.3 12.4 11.8 11.3 12.7 12.4 12.7 13.2 13.7 13.6 13.1 12.7 11.8 12.4 12.7 13.1 12.9 12.2 12.0 12.0 12.5 11.2 10.9 10.9 12.0 10.6 10.5 11.0 10.3 11.4 10.9 10.6 10.0 11.2 9.6 8.6 11.0 12.0 11.6 11.7 16.2 22.9 19.7 17.0 19.6 21.5 18.7 12.5 24.5 1983
1983 10.3 9.9 10.5 11.5 13.3 13.7 12.6 12.8 12.1 11.6 13.1 12.7 13.1 13.5 14.1 14.0 13.4 13.1 12.3 12.8 13.1 13.5 13.4 12.7 12.5 12.5 13.1 11.8 11.5 11.6 12.7 11.3 11.3 11.8 11.1 12.2 11.8 11.5 11.0 12.2 10.7 9.9 12.2 13.3 13.0 13.2 17.5 23.6 20.9 18.7 21.2 23.1 21.4 17.9 27.0 29.6 1984
1984 10.2 9.8 10.4 11.4 13.1 13.5 12.4 12.6 12.0 11.5 12.9 12.5 12.9 13.3 13.9 13.7 13.2 12.9 12.1 12.6 12.9 13.3 13.1 12.5 12.3 12.3 12.8 11.6 11.3 11.3 12.4 11.1 11.0 11.5 10.8 11.9 11.5 11.2 10.7 11.8 10.4 9.6 11.7 12.7 12.4 12.5 16.3 21.6 19.0 16.9 18.7 19.8 17.9 14.5 19.2 16.6 4.9 1985
1985 10.6 10.2 10.7 11.8 13.4 13.9 12.8 13.0 12.4 11.9 13.3 12.9 13.3 13.7 14.3 14.1 13.7 13.3 12.6 13.1 13.4 13.8 13.6 13.0 12.8 12.9 13.4 12.2 11.9 12.0 13.0 11.8 11.8 12.3 11.6 12.7 12.4 12.1 11.7 12.8 11.5 10.8 12.9 13.9 13.7 13.9 17.6 22.6 20.3 18.5 20.4 21.6 20.2 17.9 22.4 21.7 17.9 32.5 1986
1986 10.7 10.3 10.8 11.8 13.5 13.9 12.9 13.0 12.4 11.9 13.3 13.0 13.3 13.8 14.3 14.2 13.7 13.4 12.6 13.2 13.4 13.8 13.7 13.1 12.9 12.9 13.4 12.3 12.0 12.1 13.1 11.9 11.9 12.4 11.8 12.8 12.5 12.3 11.9 12.9 11.7 11.1 13.1 14.0 13.8 14.0 17.4 22.0 19.9 18.3 19.9 20.8 19.6 17.6 21.0 20.2 17.2 23.9 15.8 1987
1987 10.5 10.1 10.6 11.6 13.2 13.6 12.6 12.7 12.2 11.7 13.0 12.7 13.0 13.5 14.0 13.8 13.4 13.0 12.3 12.8 13.1 13.4 13.3 12.7 12.5 12.5 13.0 11.9 11.6 11.7 12.6 11.5 11.4 11.9 11.3 12.3 11.9 11.7 11.3 12.2 11.1 10.5 12.3 13.1 12.9 13.0 16.1 20.1 18.0 16.4 17.7 18.3 16.9 14.8 17.1 15.7 12.5 15.2 7.3 -0.5 1988
1988 10.7 10.3 10.8 11.8 13.4 13.8 12.8 12.9 12.4 11.9 13.2 12.9 13.2 13.7 14.2 14.0 13.6 13.2 12.5 13.0 13.3 13.7 13.5 13.0 12.8 12.8 13.3 12.2 12.0 12.0 13.0 11.9 11.8 12.3 11.7 12.7 12.4 12.1 11.8 12.7 11.6 11.1 12.8 13.6 13.5 13.6 16.5 20.3 18.4 17.0 18.1 18.7 17.5 15.8 18.0 17.0 14.6 17.1 12.4 10.7 23.2 1989
1989 10.9 10.5 11.0 12.0 13.6 14.0 13.0 13.1 12.6 12.1 13.4 13.1 13.4 13.9 14.4 14.2 13.8 13.5 12.8 13.3 13.6 13.9 13.8 13.3 13.1 13.1 13.6 12.6 12.3 12.4 13.3 12.3 12.2 12.7 12.2 13.1 12.8 12.6 12.3 13.2 12.2 11.7 13.4 14.2 14.1 14.2 17.0 20.6 18.9 17.5 18.7 19.3 18.2 16.8 18.8 18.0 16.2 18.6 15.3 15.2 23.9 24.6 1990
1990 10.5 10.1 10.6 11.6 13.1 13.5 12.5 12.6 12.1 11.6 12.9 12.6 12.9 13.3 13.8 13.6 13.2 12.9 12.2 12.7 12.9 13.2 13.1 12.5 12.4 12.4 12.8 11.8 11.5 11.6 12.4 11.4 11.4 11.8 11.2 12.1 11.8 11.6 11.2 12.0 11.0 10.5 12.0 12.7 12.5 12.6 15.1 18.3 16.5 15.1 16.0 16.3 15.1 13.5 14.9 13.8 11.7 12.8 9.3 7.7 10.6 4.8 -11.9 1991
1991 10.9 10.5 11.0 11.9 13.4 13.8 12.9 13.0 12.5 12.0 13.3 13.0 13.3 13.7 14.2 14.1 13.6 13.3 12.7 13.1 13.4 13.7 13.6 13.1 12.9 12.9 13.4 12.4 12.2 12.2 13.1 12.1 12.1 12.5 12.0 12.9 12.6 12.4 12.1 12.9 12.0 11.5 13.1 13.8 13.6 13.8 16.2 19.3 17.7 16.5 17.3 17.7 16.8 15.5 16.9 16.1 14.5 16.0 13.4 13.0 16.6 14.5 9.7 36.7 1992
1992 10.9 10.6 11.1 12.0 13.5 13.9 12.9 13.1 12.5 12.1 13.3 13.0 13.3 13.8 14.2 14.1 13.7 13.4 12.8 13.2 13.4 13.8 13.7 13.2 13.0 13.0 13.4 12.5 12.3 12.4 13.2 12.2 12.2 12.6 12.1 13.0 12.7 12.5 12.2 13.1 12.2 11.7 13.2 13.9 13.8 13.9 16.2 19.1 17.6 16.5 17.3 17.7 16.8 15.5 16.9 16.2 14.8 16.1 13.9 13.6 16.6 15.0 11.9 26.2 16.6 1993
1993 11.0 10.7 11.1 12.1 13.5 13.9 13.0 13.1 12.6 12.2 13.4 13.1 13.4 13.8 14.2 14.1 13.7 13.4 12.8 13.3 13.5 13.8 13.7 13.2 13.1 13.1 13.5 12.6 12.4 12.4 13.2 12.3 12.3 12.7 12.2 13.1 12.8 12.6 12.3 13.2 12.3 11.9 13.3 13.9 13.8 14.0 16.2 18.9 17.5 16.4 17.2 17.5 16.6 15.5 16.8 16.1 14.8 16.0 14.0 13.8 16.4 15.1 12.8 22.5 15.9 15.3 1994
1994 10.8 10.5 11.0 11.9 13.3 13.6 12.7 12.9 12.4 12.0 13.1 12.8 13.1 13.5 14.0 13.8 13.4 13.1 12.5 13.0 13.2 13.5 13.4 12.9 12.8 12.8 13.1 12.3 12.0 12.1 12.9 11.9 11.9 12.3 11.9 12.6 12.4 12.2 11.9 12.7 11.8 11.4 12.7 13.3 13.2 13.3 15.3 17.9 16.5 15.4 16.1 16.3 15.5 14.3 15.4 14.6 13.4 14.3 12.4 12.0 13.9 12.4 10.1 16.4 10.3 7.4 -0.1 1995
1995 11.2 10.8 11.3 12.2 13.6 14.0 13.1 13.2 12.7 12.3 13.5 13.2 13.5 13.9 14.3 14.2 13.8 13.6 13.0 13.4 13.6 13.9 13.8 13.4 13.2 13.3 13.6 12.8 12.6 12.6 13.4 12.5 12.5 12.9 12.5 13.3 13.0 12.9 12.6 13.4 12.6 12.2 13.5 14.2 14.1 14.2 16.2 18.7 17.4 16.4 17.1 17.4 16.6 15.7 16.7 16.2 15.1 16.1 14.6 14.4 16.4 15.5 14.0 20.1 16.3 16.2 16.6 36.0 1996
1996 11.3 11.0 11.5 12.3 13.7 14.1 13.2 13.4 12.9 12.5 13.6 13.4 13.6 14.0 14.5 14.4 14.0 13.7 13.1 13.6 13.8 14.1 14.0 13.6 13.4 13.5 13.8 13.0 12.8 12.9 13.7 12.8 12.8 13.2 12.8 13.5 13.3 13.2 12.9 13.7 12.9 12.6 13.9 14.5 14.4 14.5 16.5 18.9 17.6 16.7 17.4 17.7 17.0 16.1 17.1 16.6 15.7 16.6 15.3 15.2 17.1 16.4 15.2 20.5 17.5 17.8 18.6 29.2 22.7 1997
1997 11.6 11.3 11.7 12.6 14.0 14.4 13.5 13.6 13.2 12.8 13.9 13.7 13.9 14.3 14.8 14.7 14.3 14.0 13.5 13.9 14.1 14.4 14.3 13.9 13.8 13.8 14.2 13.4 13.2 13.3 14.1 13.2 13.3 13.6 13.3 14.0 13.8 13.7 13.5 14.2 13.5 13.2 14.5 15.1 15.0 15.2 17.1 19.4 18.3 17.4 18.1 18.4 17.8 17.0 18.0 17.6 16.8 17.7 16.6 16.6 18.5 18.0 17.2 22.1 19.8 20.5 21.8 30.1 27.2 31.9 1998
1998 11.6 11.3 11.8 12.6 14.0 14.3 13.5 13.6 13.1 12.8 13.9 13.6 13.9 14.3 14.7 14.6 14.3 14.0 13.4 13.9 14.1 14.4 14.3 13.9 13.8 13.8 14.2 13.4 13.2 13.3 14.0 13.2 13.2 13.6 13.2 14.0 13.8 13.7 13.4 14.2 13.5 13.1 14.4 15.0 14.9 15.1 16.9 19.1 18.0 17.2 17.8 18.1 17.5 16.7 17.6 17.2 16.4 17.3 16.2 16.2 17.9 17.4 16.6 20.8 18.7 19.0 19.8 25.3 21.9 21.5 11.9 1999
1999 11.7 11.4 11.8 12.7 14.0 14.4 13.5 13.7 13.2 12.8 13.9 13.7 14.0 14.3 14.7 14.7 14.3 14.0 13.5 13.9 14.1 14.4 14.3 13.9 13.8 13.9 14.2 13.5 13.3 13.4 14.1 13.3 13.3 13.7 13.3 14.0 13.8 13.7 13.5 14.2 13.6 13.2 14.5 15.0 15.0 15.1 16.9 19.0 17.9 17.1 17.7 18.0 17.4 16.7 17.6 17.2 16.5 17.3 16.2 16.3 17.8 17.3 16.6 20.3 18.4 18.7 19.2 23.5 20.6 19.9 14.2 16.6 2000
2000 11.6 11.3 11.7 12.5 13.8 14.2 13.4 13.5 13.0 12.7 13.8 13.5 13.8 14.1 14.5 14.4 14.1 13.8 13.3 13.7 13.9 14.2 14.1 13.7 13.6 13.6 14.0 13.2 13.0 13.1 13.8 13.1 13.1 13.4 13.1 13.7 13.6 13.4 13.2 13.9 13.2 12.9 14.1 14.6 14.5 14.7 16.3 18.4 17.3 16.5 17.1 17.3 16.7 16.0 16.8 16.4 15.6 16.3 15.3 15.3 16.6 16.1 15.3 18.5 16.6 16.6 16.8 19.9 16.9 15.5 10.5 9.8 3.4 2001
2001 11.4 11.1 11.5 12.3 13.6 14.0 13.2 13.3 12.8 12.5 13.5 13.3 13.5 13.9 14.3 14.2 13.8 13.6 13.1 13.5 13.7 13.9 13.8 13.4 13.3 13.3 13.7 12.9 12.7 12.8 13.5 12.7 12.7 13.1 12.7 13.4 13.2 13.1 12.8 13.5 12.8 12.5 13.6 14.1 14.0 14.1 15.7 17.6 16.6 15.8 16.3 16.5 15.9 15.2 15.9 15.5 14.7 15.3 14.3 14.2 15.4 14.8 14.0 16.7 14.9 14.7 14.6 16.9 14.0 12.3 7.9 6.6 1.9 0.3 2002
2002 11.0 10.7 11.1 11.9 13.1 13.4 12.6 12.8 12.3 11.9 13.0 12.7 13.0 13.3 13.7 13.6 13.2 13.0 12.4 12.8 13.0 13.3 13.1 12.7 12.6 12.6 12.9 12.2 12.0 12.1 12.7 11.9 11.9 12.2 11.9 12.5 12.3 12.1 11.9 12.5 11.8 11.5 12.5 13.0 12.9 12.9 14.4 16.2 15.1 14.3 14.7 14.8 14.2 13.5 14.1 13.6 12.8 13.2 12.2 12.0 12.8 12.1 11.2 13.4 11.5 11.0 10.5 11.9 8.9 6.7 2.3 0.0 -5.0 -8.9 -17.3 2003
2003 11.3 11.0 11.4 12.2 13.4 13.8 13.0 13.1 12.7 12.3 13.3 13.1 13.3 13.7 14.0 13.9 13.6 13.4 12.8 13.2 13.4 13.7 13.6 13.2 13.1 13.1 13.4 12.7 12.5 12.6 13.2 12.5 12.5 12.8 12.4 13.0 12.9 12.7 12.5 13.1 12.5 12.2 13.2 13.7 13.6 13.7 15.1 16.8 15.9 15.1 15.6 15.7 15.1 14.4 15.0 14.6 13.9 14.4 13.5 13.3 14.3 13.7 12.9 15.1 13.5 13.2 13.0 14.6 12.1 10.7 7.5 6.6 4.3 4.6 6.8 37.9 2004
2004 11.3 11.1 11.5 12.3 13.5 13.8 13.0 13.1 12.7 12.4 13.4 13.1 13.4 13.7 14.1 14.0 13.7 13.4 12.9 13.3 13.5 13.7 13.6 13.2 13.1 13.1 13.5 12.8 12.6 12.6 13.3 12.6 12.6 12.9 12.5 13.1 13.0 12.8 12.6 13.2 12.6 12.3 13.3 13.8 13.7 13.8 15.2 16.8 15.9 15.2 15.6 15.7 15.2 14.5 15.1 14.7 14.1 14.5 13.6 13.5 14.4 13.9 13.2 15.3 13.8 13.5 13.4 14.8 12.7 11.5 8.8 8.3 6.7 7.5 10.0 26.9 16.8 2005
2005 11.3 11.0 11.4 12.2 13.4 13.7 12.9 13.1 12.6 12.3 13.3 13.0 13.3 13.6 14.0 13.9 13.5 13.3 12.8 13.2 13.4 13.6 13.5 13.1 13.0 13.0 13.3 12.7 12.5 12.5 13.1 12.4 12.4 12.7 12.4 13.0 12.8 12.7 12.5 13.1 12.5 12.2 13.1 13.6 13.5 13.6 14.9 16.5 15.6 14.9 15.3 15.4 14.9 14.2 14.8 14.4 13.7 14.2 13.3 13.2 14.0 13.5 12.8 14.7 13.3 13.0 12.8 14.1 12.1 11.0 8.6 8.2 6.8 7.5 9.4 20.0 12.0 7.3 2006
2006 11.4 11.1 11.5 12.3 13.5 13.8 13.0 13.1 12.7 12.4 13.3 13.1 13.3 13.7 14.0 13.9 13.6 13.4 12.9 13.2 13.4 13.7 13.6 13.2 13.1 13.1 13.4 12.7 12.6 12.6 13.2 12.6 12.5 12.8 12.5 13.1 12.9 12.8 12.6 13.2 12.6 12.3 13.3 13.7 13.6 13.7 15.0 16.6 15.7 15.0 15.4 15.5 15.0 14.4 14.9 14.5 13.9 14.3 13.5 13.4 14.2 13.7 13.1 14.9 13.6 13.4 13.2 14.4 12.6 11.6 9.6 9.3 8.3 9.1 11.0 19.4 13.8 12.4 17.6 2007
2007 11.2 11.0 11.4 12.1 13.3 13.6 12.8 13.0 12.5 12.2 13.2 12.9 13.2 13.5 13.8 13.7 13.4 13.2 12.7 13.0 13.2 13.5 13.4 13.0 12.9 12.9 13.2 12.5 12.3 12.4 13.0 12.3 12.3 12.6 12.3 12.8 12.7 12.5 12.3 12.9 12.3 12.0 12.9 13.3 13.2 13.3 14.6 16.1 15.2 14.5 14.9 15.0 14.5 13.9 14.4 14.0 13.4 13.7 13.0 12.8 13.5 13.0 12.4 14.1 12.8 12.5 12.3 13.3 11.6 10.7 8.7 8.4 7.4 8.0 9.3 15.6 10.6 8.6 9.3 1.5 2008
2008 10.5 10.2 10.6 11.3 12.4 12.7 12.0 12.1 11.7 11.3 12.2 12.0 12.2 12.5 12.8 12.7 12.4 12.2 11.7 12.0 12.1 12.4 12.3 11.9 11.8 11.7 12.0 11.3 11.1 11.2 11.7 11.0 11.0 11.2 10.9 11.4 11.2 11.1 10.9 11.3 10.8 10.4 11.3 11.6 11.5 11.5 12.7 14.0 13.1 12.5 12.7 12.7 12.2 11.5 11.9 11.4 10.8 11.0 10.2 9.9 10.4 9.8 9.1 10.4 9.0 8.6 8.1 8.8 6.9 5.7 3.6 2.8 1.3 1.1 1.2 4.6 -1.0 -5.0 -8.8 -19.7 -36.4 2009
2009 10.7 10.4 10.8 11.5 12.7 13.0 12.2 12.3 11.9 11.6 12.5 12.3 12.5 12.8 13.1 13.0 12.7 12.5 12.0 12.3 12.5 12.7 12.6 12.2 12.1 12.1 12.3 11.7 11.5 11.6 12.1 11.4 11.4 11.7 11.3 11.8 11.7 11.5 11.3 11.8 11.2 10.9 11.8 12.1 12.0 12.0 13.2 14.5 13.7 13.0 13.3 13.3 12.8 12.2 12.6 12.2 11.5 11.8 11.0 10.8 11.4 10.8 10.2 11.5 10.2 9.9 9.5 10.2 8.6 7.5 5.7 5.2 4.1 4.2 4.7 8.3 4.0 1.6 0.2 -5.0 -8.1 32.8 2010
2010 10.8 10.6 11.0 11.7 12.8 13.1 12.4 12.5 12.0 11.7 12.6 12.4 12.6 12.9 13.2 13.1 12.8 12.6 12.1 12.4 12.6 12.8 12.7 12.4 12.2 12.2 12.5 11.9 11.7 11.7 12.3 11.6 11.6 11.8 11.5 12.0 11.9 11.7 11.5 12.0 11.5 11.2 12.0 12.3 12.2 12.3 13.4 14.7 13.9 13.3 13.5 13.6 13.1 12.5 12.9 12.5 11.9 12.2 11.4 11.3 11.8 11.3 10.7 12.0 10.8 10.5 10.2 10.9 9.4 8.5 6.9 6.5 5.6 5.8 6.4 9.9 6.3 4.7 4.2 1.1 0.9 27.1 21.7 2011
2011 10.7 10.4 10.8 11.5 12.6 12.9 12.2 12.3 11.9 11.6 12.4 12.2 12.4 12.7 13.0 12.9 12.6 12.4 11.9 12.2 12.4 12.6 12.5 12.1 12.0 12.0 12.3 11.6 11.5 11.5 12.0 11.4 11.4 11.6 11.3 11.8 11.6 11.5 11.3 11.7 11.2 10.9 11.7 12.0 11.9 11.9 13.0 14.3 13.5 12.9 13.1 13.1 12.6 12.0 12.4 12.0 11.4 11.7 10.9 10.8 11.3 10.8 10.2 11.4 10.2 9.9 9.6 10.2 8.8 7.9 6.3 5.9 5.1 5.2 5.7 8.7 5.5 3.9 3.4 0.8 0.6 17.2 10.1 -0.5 2012
2012 10.8 10.5 10.9 11.6 12.7 12.9 12.2 12.3 11.9 11.6 12.5 12.3 12.5 12.8 13.1 13.0 12.7 12.5 12.0 12.3 12.4 12.7 12.6 12.2 12.1 12.1 12.3 11.7 11.6 11.6 12.1 11.5 11.5 11.7 11.4 11.9 11.7 11.6 11.4 11.8 11.3 11.0 11.8 12.1 12.0 12.0 13.1 14.4 13.6 13.0 13.2 13.2 12.8 12.2 12.6 12.2 11.6 11.9 11.2 11.0 11.5 11.0 10.5 11.6 10.5 10.2 10.0 10.6 9.2 8.4 7.0 6.7 5.9 6.2 6.7 9.5 6.7 5.5 5.2 3.3 3.6 17.1 12.3 7.9 16.9 2013
2013 11.1 10.8 11.2 11.9 13.0 13.2 12.5 12.6 12.2 11.9 12.8 12.6 12.8 13.1 13.4 13.3 13.0 12.8 12.3 12.7 12.8 13.0 12.9 12.6 12.5 12.5 12.7 12.1 12.0 12.0 12.5 11.9 11.9 12.1 11.9 12.3 12.2 12.1 11.9 12.3 11.8 11.6 12.4 12.7 12.6 12.6 13.7 14.9 14.2 13.6 13.8 13.9 13.4 12.9 13.3 12.9 12.4 12.7 12.0 11.9 12.4 12.0 11.5 12.6 11.7 11.4 11.2 11.9 10.7 10.0 8.7 8.5 8.0 8.3 9.0 11.8 9.5 8.7 8.9 7.7 8.7 21.1 18.3 17.2 27.1 38.3 2014
2014 11.0 10.8 11.2 11.8 12.9 13.2 12.5 12.6 12.2 11.9 12.8 12.6 12.8 13.0 13.3 13.3 13.0 12.7 12.3 12.6 12.8 13.0 12.9 12.5 12.4 12.4 12.7 12.1 11.9 12.0 12.5 11.9 11.9 12.1 11.8 12.3 12.1 12.0 11.8 12.3 11.8 11.5 12.3 12.6 12.5 12.6 13.6 14.8 14.0 13.5 13.7 13.8 13.3 12.8 13.2 12.8 12.3 12.6 12.0 11.8 12.3 11.9 11.4 12.5 11.6 11.3 11.2 11.8 10.6 10.0 8.8 8.6 8.1 8.4 9.1 11.6 9.5 8.8 9.0 7.9 8.9 19.1 16.5 15.3 21.0 23.2 9.7 2015
2015 10.9 10.6 11.0 11.6 12.7 13.0 12.3 12.4 12.0 11.7 12.5 12.3 12.5 12.8 13.1 13.0 12.7 12.5 12.1 12.4 12.5 12.7 12.6 12.3 12.2 12.2 12.4 11.8 11.6 11.7 12.2 11.6 11.6 11.8 11.5 12.0 11.8 11.7 11.5 11.9 11.4 11.2 11.9 12.2 12.1 12.1 13.1 14.3 13.6 13.0 13.2 13.3 12.8 12.3 12.6 12.3 11.8 12.0 11.4 11.2 11.7 11.3 10.8 11.8 10.9 10.7 10.4 11.0 9.8 9.2 8.1 7.8 7.3 7.6 8.1 10.4 8.3 7.6 7.6 6.6 7.2 15.5 12.9 11.2 14.3 13.5 2.8 -3.6 2016
2016 11.0 10.7 11.1 11.7 12.8 13.0 12.4 12.5 12.1 11.8 12.6 12.4 12.6 12.9 13.2 13.1 12.8 12.6 12.1 12.4 12.6 12.8 12.7 12.4 12.3 12.3 12.5 11.9 11.8 11.8 12.3 11.7 11.7 11.9 11.6 12.1 11.9 11.8 11.6 12.1 11.6 11.3 12.1 12.3 12.3 12.3 13.2 14.4 13.7 13.1 13.4 13.4 13.0 12.5 12.8 12.5 12.0 12.2 11.6 11.5 11.9 11.5 11.1 12.1 11.2 11.0 10.8 11.3 10.2 9.6 8.6 8.4 7.9 8.2 8.8 10.9 9.1 8.5 8.6 7.7 8.4 15.9 13.7 12.4 15.1 14.7 7.8 6.8 18.4 2017
2017 11.0 10.8 11.1 11.8 12.8 13.1 12.4 12.5 12.2 11.9 12.7 12.5 12.7 12.9 13.2 13.2 12.9 12.7 12.2 12.5 12.7 12.9 12.8 12.5 12.4 12.4 12.6 12.0 11.9 11.9 12.4 11.8 11.8 12.0 11.8 12.2 12.1 11.9 11.8 12.2 11.7 11.5 12.2 12.5 12.4 12.4 13.4 14.5 13.8 13.3 13.5 13.5 13.1 12.7 13.0 12.7 12.2 12.4 11.8 11.7 12.2 11.8 11.4 12.3 11.5 11.3 11.1 11.6 10.6 10.1 9.1 9.0 8.5 8.9 9.4 11.5 9.8 9.3 9.4 8.7 9.5 16.3 14.4 13.4 15.8 15.6 10.6 10.9 18.9 19.4 2018
2018 10.8 10.6 10.9 11.5 12.6 12.8 12.2 12.3 11.9 11.6 12.4 12.2 12.4 12.6 12.9 12.8 12.6 12.4 11.9 12.2 12.3 12.5 12.4 12.1 12.0 12.0 12.2 11.7 11.5 11.6 12.0 11.5 11.4 11.6 11.4 11.8 11.6 11.5 11.4 11.8 11.3 11.1 11.7 12.0 11.9 11.9 12.8 13.9 13.2 12.7 12.9 12.9 12.5 12.0 12.3 12.0 11.5 11.7 11.2 11.0 11.4 11.1 10.6 11.5 10.7 10.5 10.3 10.7 9.7 9.2 8.2 8.0 7.6 7.8 8.3 10.1 8.5 7.9 7.9 7.2 7.7 13.5 11.6 10.4 12.0 11.2 6.5 5.7 9.0 4.6 -8.5
1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
1928
1928
1929
33.9
3.9
1929
-19.5 1930
Dimensional US Adjusted Market Value Index
1930 -11.9 -28.6 -36.7 1931 1928–2018: Total Returns (%)
1931 -24.5 -37.6 -45.0 -52.3 1932
1932 -21.4 -31.2 -34.7 -33.7 -8.0 1933
1933 -7.6 -14.3 -12.9 -3.1 38.0 106.9 1934
1934 -5.9 -11.3 -9.6 -1.2 26.0 47.4 4.9 1935 Growth of $1
$100,000
1935 -0.2 -4.3 -1.5 7.7 32.0 48.8 26.2 51.7 1936
1936 4.2 1.0 4.3 13.3 34.7 48.2 32.6 49.0 46.4 1937
$10,000
1937 -1.8 -5.2 -3.2 2.8 16.9 22.6 7.6 8.5 -8.3 -42.5 1938 $21,540
1938 0.8 -2.0 0.2 6.1 18.9 24.1 12.0 13.9 3.5 -13.0 31.7 1939
1939 0.4 -2.2 -0.3 4.9 15.7 19.6 9.2 10.0 1.5 -10.1 12.4 -4.1 1940 $1,000
1940 0.0 -2.4 -0.7 3.8 13.2 16.2 7.0 7.3 0.2 -8.9 6.2 -4.6 -5.1 1941
1941 -0.5 -2.7 -1.2 2.9 11.1 13.5 5.2 5.3 -0.9 -8.4 3.0 -5.1 -5.7 -6.2 1942 $100
1942 1.0 -1.1 0.5 4.5 12.2 14.4 7.1 7.4 2.2 -3.7 6.8 1.3 3.2 7.6 23.5 1943
1943 3.3 1.5 3.2 7.1 14.6 16.9 10.4 11.0 6.8 2.1 12.3 8.8 12.3 18.8 33.7 44.7 1944 $10
1944 4.9 3.3 5.1 8.9 16.1 18.3 12.5 13.3 9.7 5.8 15.4 12.9 16.6 22.8 34.3 40.1 35.6 1945
1945 7.2 5.8 7.7 11.5 18.5 20.8 15.6 16.6 13.5 10.4 19.8 18.1 22.3 28.7 39.3 45.0 45.2 55.3 1946 $1
1946 6.3 5.0 6.6 10.2 16.5 18.5 13.5 14.2 11.3 8.3 16.2 14.4 17.4 21.6 28.1 29.3 24.5 19.3 -8.4 1947
1947 6.2 4.9 6.5 9.8 15.6 17.4 12.8 13.4 10.7 7.9 14.9 13.2 15.5 18.8 23.6 23.7 18.9 13.8 -2.6 3.5 1948 $0
1948 5.8 4.6 6.0 9.1 14.5 16.1 11.7 12.2 9.7 7.1 13.3 11.6 13.5 16.0 19.6 19.0 14.4 9.7 -2.3 0.8 -1.8 1949 1928 2018
1950 7.7 6.7 8.1 11.0 16.1 17.6 13.7 14.3 12.2 10.1 15.7 14.5 16.3 18.7 21.9 21.7 18.7 16.1 9.5 14.5 18.5 30.1 42.8 1951
1951 8.1 7.1 8.5 11.3 16.1 17.5 13.9 14.4 12.4 10.5 15.7 14.6 16.3 18.5 21.3 21.0 18.4 16.1 10.6 14.8 17.9 25.2 28.7 16.1 1952
1952 8.2 7.2 8.6 11.3 15.9 17.2 13.8 14.3 12.4 10.5 15.5 14.4 15.9 17.9 20.4 20.1 17.6 15.5 10.7 14.3 16.6 21.7 22.8 13.9 11.7 1953
1953 7.7 6.8 8.0 10.6 14.9 16.1 12.8 13.2 11.4 9.6 14.1 13.0 14.4 16.0 18.1 17.6 15.2 13.1 8.8 11.5 12.8 16.0 15.4 7.5 3.4 -4.2 1954
1954 9.3 8.4 9.7 12.3 16.5 17.8 14.7 15.2 13.5 11.9 16.4 15.5 16.9 18.7 20.9 20.6 18.7 17.1 13.5 16.6 18.5 22.3 23.1 18.6 19.5 23.6 59.4 1955
1955 9.7 8.9 10.1 12.6 16.7 17.9 14.9 15.4 13.9 12.4 16.6 15.8 17.2 18.8 20.9 20.7 18.9 17.4 14.2 17.0 18.8 22.1 22.7 19.1 19.8 22.7 38.8 20.9 1956
1956 9.6 8.8 10.1 12.4 16.4 17.5 14.6 15.1 13.6 12.2 16.2 15.4 16.6 18.2 20.0 19.8 18.0 16.7 13.7 16.1 17.6 20.3 20.6 17.2 17.5 19.0 27.9 14.5 8.5 1957
1957 8.7 7.9 9.0 11.2 14.9 15.9 13.2 13.5 12.1 10.6 14.3 13.5 14.5 15.8 17.4 17.0 15.2 13.8 10.8 12.8 13.8 15.6 15.3 11.8 11.1 11.0 15.1 3.3 -4.5 -15.9 1958
1958 10.0 9.3 10.4 12.6 16.3 17.3 14.7 15.1 13.7 12.4 16.1 15.4 16.5 17.8 19.4 19.2 17.6 16.5 13.9 16.0 17.2 19.3 19.4 16.7 16.8 17.7 22.6 14.9 12.9 15.2 57.9 1959
1959 10.1 9.4 10.6 12.7 16.2 17.2 14.7 15.1 13.8 12.5 16.0 15.3 16.4 17.7 19.2 18.9 17.5 16.3 14.0 15.9 17.0 18.9 18.9 16.5 16.5 17.3 21.3 14.8 13.3 15.0 34.5 14.7 1960
1960 9.7 9.0 10.1 12.1 15.5 16.4 14.0 14.3 13.1 11.8 15.1 14.4 15.4 16.5 17.9 17.6 16.1 15.0 12.7 14.4 15.3 16.8 16.7 14.4 14.2 14.5 17.4 11.6 9.8 10.2 20.6 5.4 -3.1 1961
1961 10.2 9.6 10.6 12.6 15.9 16.8 14.5 14.8 13.6 12.5 15.7 15.0 16.0 17.1 18.4 18.1 16.8 15.8 13.7 15.3 16.2 17.7 17.7 15.6 15.6 16.0 18.8 13.9 12.8 13.7 22.6 12.7 11.7 28.8 1962
1962 9.5 8.9 9.9 11.8 14.9 15.8 13.5 13.8 12.6 11.5 14.5 13.8 14.6 15.6 16.8 16.5 15.1 14.1 12.0 13.5 14.2 15.4 15.2 13.1 12.8 13.0 15.1 10.5 9.0 9.1 15.0 6.2 3.5 7.1 -11.1 1963
1963 9.9 9.3 10.2 12.1 15.1 16.0 13.8 14.1 12.9 11.8 14.7 14.1 14.9 15.9 17.0 16.7 15.5 14.5 12.6 14.0 14.6 15.8 15.6 13.8 13.6 13.8 15.7 11.7 10.6 10.9 16.2 9.2 7.9 11.9 4.2 22.2 1964
1964 10.1 9.5 10.5 12.3 15.3 16.1 13.9 14.2 13.1 12.1 14.9 14.3 15.1 16.0 17.1 16.8 15.7 14.7 12.9 14.2 14.9 16.0 15.9 14.2 14.0 14.2 16.1 12.4 11.5 11.9 16.6 10.8 10.1 13.7 9.0 20.7 19.3 1965
1965 10.6 10.0 11.0 12.7 15.6 16.4 14.4 14.7 13.6 12.6 15.4 14.8 15.6 16.5 17.6 17.3 16.2 15.4 13.7 15.0 15.6 16.7 16.6 15.1 15.0 15.3 17.0 13.8 13.1 13.6 18.0 13.2 13.0 16.5 13.6 23.2 23.8 28.5 1966
1966 10.1 9.5 10.4 12.1 14.9 15.7 13.6 13.9 12.9 11.9 14.5 13.9 14.7 15.5 16.5 16.2 15.1 14.2 12.6 13.7 14.3 15.2 15.1 13.5 13.4 13.5 15.0 11.9 11.1 11.3 14.9 10.4 9.8 12.1 9.0 14.7 12.4 9.1 -7.4 1967
1967 10.9 10.4 11.3 13.0 15.8 16.5 14.6 14.9 13.9 13.0 15.5 15.0 15.8 16.6 17.6 17.4 16.4 15.6 14.1 15.3 15.9 16.9 16.8 15.4 15.4 15.6 17.2 14.5 13.9 14.4 18.0 14.3 14.2 16.9 15.1 21.2 20.9 21.4 18.1 50.6 1968
1968 11.4 10.9 11.8 13.5 16.2 16.9 15.0 15.4 14.4 13.5 16.0 15.6 16.3 17.2 18.1 17.9 17.0 16.2 14.8 16.0 16.6 17.6 17.5 16.3 16.3 16.6 18.1 15.6 15.2 15.8 19.2 15.9 16.1 18.7 17.4 22.9 23.0 24.0 22.6 41.0 32.0 1969
1969 10.5 9.9 10.8 12.4 15.0 15.7 13.8 14.1 13.1 12.2 14.6 14.1 14.8 15.5 16.4 16.1 15.1 14.4 12.9 14.0 14.5 15.3 15.2 13.9 13.7 13.9 15.1 12.6 12.1 12.3 15.1 11.8 11.5 13.3 11.5 15.1 14.0 13.0 9.4 15.7 1.4 -22.1 1970
1970 10.1 9.6 10.5 12.0 14.5 15.1 13.3 13.6 12.6 11.8 14.1 13.5 14.2 14.9 15.7 15.4 14.4 13.7 12.3 13.2 13.7 14.4 14.2 13.0 12.8 12.9 14.0 11.6 11.0 11.2 13.6 10.6 10.2 11.6 9.8 12.8 11.5 10.3 6.9 10.9 0.1 -12.8 -2.5 1971
1971 10.3 9.8 10.6 12.1 14.6 15.2 13.4 13.7 12.8 11.9 14.2 13.7 14.3 14.9 15.7 15.5 14.5 13.8 12.5 13.4 13.8 14.6 14.4 13.2 13.1 13.1 14.2 12.0 11.4 11.6 13.9 11.1 10.8 12.1 10.6 13.3 12.2 11.3 8.6 12.2 4.2 -3.7 7.1 17.5 1972
1972 10.3 9.8 10.6 12.0 14.4 15.0 13.3 13.5 12.6 11.8 14.0 13.5 14.1 14.7 15.5 15.2 14.3 13.6 12.3 13.2 13.6 14.3 14.1 13.0 12.8 12.9 13.9 11.7 11.2 11.4 13.5 10.9 10.6 11.8 10.4 12.8 11.8 10.9 8.6 11.5 5.0 -0.8 7.5 12.8 8.3 1973
1973 9.3 8.8 9.6 11.0 13.2 13.8 12.1 12.3 11.4 10.6 12.7 12.2 12.7 13.3 13.9 13.6 12.7 12.0 10.7 11.5 11.8 12.4 12.1 11.0 10.7 10.7 11.5 9.4 8.8 8.8 10.6 8.0 7.5 8.4 6.9 8.7 7.4 6.1 3.6 5.3 -0.8 -6.3 -1.8 -1.6 -10.0 -25.3 1974
1974 8.5 8.0 8.7 10.1 12.2 12.7 11.1 11.3 10.4 9.6 11.5 11.0 11.4 12.0 12.6 12.2 11.3 10.6 9.3 10.0 10.2 10.7 10.4 9.3 9.0 8.8 9.5 7.5 6.8 6.7 8.2 5.7 5.1 5.7 4.1 5.5 4.1 2.7 0.2 1.2 -4.4 -9.4 -6.6 -7.6 -14.8 -24.4 -23.5 1975
1975 9.3 8.8 9.6 10.9 13.0 13.6 12.0 12.2 11.3 10.5 12.4 12.0 12.4 13.0 13.6 13.3 12.5 11.8 10.6 11.3 11.6 12.1 11.9 10.8 10.6 10.5 11.2 9.4 8.8 8.8 10.4 8.1 7.7 8.5 7.1 8.7 7.6 6.6 4.7 6.1 1.5 -2.2 1.6 2.4 -1.0 -4.0 8.8 54.8 1976
1976 10.0 9.5 10.2 11.6 13.7 14.2 12.7 12.9 12.1 11.3 13.2 12.8 13.3 13.8 14.4 14.2 13.4 12.7 11.6 12.3 12.6 13.2 13.0 12.0 11.8 11.8 12.6 10.8 10.3 10.4 12.0 9.9 9.7 10.5 9.4 11.0 10.2 9.5 7.9 9.5 5.7 2.9 7.0 8.7 7.0 6.7 20.1 50.5 46.3 1977
1977 10.0 9.5 10.3 11.6 13.6 14.2 12.6 12.8 12.0 11.3 13.2 12.7 13.2 13.7 14.4 14.1 13.3 12.7 11.6 12.3 12.6 13.1 12.9 12.0 11.8 11.8 12.5 10.8 10.4 10.5 12.0 10.0 9.7 10.6 9.5 11.0 10.3 9.6 8.2 9.7 6.3 3.8 7.5 9.1 7.7 7.6 17.8 36.1 27.6 11.3 1978
1978 10.1 9.7 10.4 11.7 13.7 14.2 12.7 12.9 12.1 11.4 13.2 12.8 13.3 13.8 14.4 14.2 13.4 12.8 11.7 12.4 12.7 13.2 13.0 12.1 12.0 12.0 12.7 11.0 10.6 10.7 12.2 10.3 10.1 10.9 9.9 11.3 10.7 10.1 8.8 10.2 7.1 4.9 8.5 9.9 8.9 9.0 17.5 30.8 23.6 13.7 16.1 1979
1979 10.5 10.1 10.8 12.1 14.1 14.6 13.2 13.4 12.6 11.9 13.7 13.3 13.8 14.3 14.9 14.7 13.9 13.4 12.3 13.0 13.3 13.9 13.7 12.8 12.7 12.7 13.5 11.9 11.6 11.7 13.2 11.4 11.2 12.0 11.2 12.6 12.1 11.6 10.5 12.0 9.2 7.4 10.9 12.5 11.9 12.4 20.3 31.7 26.5 20.5 25.3 35.3 1980
1980 10.9 10.5 11.2 12.4 14.4 14.9 13.5 13.7 13.0 12.3 14.1 13.7 14.2 14.7 15.3 15.1 14.4 13.8 12.8 13.5 13.8 14.4 14.2 13.4 13.3 13.3 14.1 12.6 12.3 12.4 13.9 12.2 12.1 12.9 12.1 13.6 13.1 12.7 11.7 13.2 10.8 9.2 12.6 14.2 13.8 14.5 21.7 31.5 27.3 22.9 27.1 32.9 30.6 1981
1981 10.8 10.4 11.1 12.3 14.3 14.8 13.4 13.6 12.8 12.2 13.9 13.5 14.0 14.5 15.1 14.9 14.2 13.6 12.6 13.3 13.6 14.1 14.0 13.2 13.1 13.1 13.8 12.4 12.1 12.2 13.6 11.9 11.8 12.6 11.8 13.2 12.7 12.3 11.4 12.8 10.5 9.0 12.1 13.5 13.1 13.6 19.7 27.7 23.6 19.5 21.7 23.6 18.1 6.8 1982
1982 11.1 10.7 11.4 12.6 14.5 15.0 13.6 13.8 13.1 12.5 14.2 13.8 14.3 14.8 15.3 15.2 14.5 14.0 13.0 13.7 14.0 14.5 14.4 13.6 13.5 13.6 14.2 12.9 12.6 12.7 14.1 12.5 12.5 13.2 12.5 13.9 13.4 13.1 12.3 13.6 11.5 10.2 13.2 14.6 14.3 14.9 20.6 27.6 24.1 20.8 22.8 24.5 21.1 16.6 27.3 1983
1983 11.5 11.1 11.8 13.0 14.9 15.4 14.0 14.2 13.6 13.0 14.6 14.3 14.7 15.2 15.8 15.6 15.0 14.5 13.6 14.2 14.5 15.0 14.9 14.2 14.1 14.2 14.9 13.6 13.3 13.5 14.9 13.4 13.3 14.1 13.5 14.8 14.5 14.2 13.5 14.8 12.9 11.7 14.7 16.1 16.0 16.7 22.0 28.5 25.6 22.8 24.9 26.7 24.7 22.7 31.5 35.9 1984
1984 11.3 11.0 11.6 12.8 14.6 15.1 13.8 14.0 13.3 12.7 14.4 14.0 14.4 14.9 15.5 15.3 14.7 14.2 13.3 13.9 14.2 14.7 14.6 13.8 13.8 13.8 14.5 13.2 13.0 13.1 14.4 13.0 12.9 13.6 13.0 14.3 13.9 13.6 12.9 14.1 12.3 11.2 13.8 15.1 14.9 15.5 20.1 25.7 22.8 20.2 21.5 22.4 20.0 17.5 21.2 18.3 3.0 1985
1985 11.7 11.3 11.9 13.1 14.9 15.4 14.1 14.3 13.7 13.1 14.7 14.4 14.8 15.3 15.8 15.6 15.0 14.6 13.7 14.3 14.6 15.1 15.0 14.3 14.3 14.3 15.0 13.8 13.5 13.7 14.9 13.6 13.6 14.3 13.7 14.9 14.6 14.4 13.7 15.0 13.3 12.3 14.9 16.1 16.0 16.6 21.0 26.2 23.6 21.3 22.7 23.6 21.8 20.1 23.6 22.4 16.2 31.2 1986
1986 11.7 11.3 12.0 13.1 14.9 15.4 14.1 14.3 13.7 13.1 14.7 14.3 14.8 15.2 15.8 15.6 15.0 14.5 13.7 14.3 14.6 15.1 15.0 14.3 14.2 14.3 14.9 13.7 13.5 13.7 14.9 13.6 13.5 14.2 13.7 14.9 14.6 14.3 13.7 14.9 13.3 12.3 14.7 15.9 15.8 16.4 20.4 25.0 22.6 20.5 21.5 22.2 20.5 18.9 21.4 20.0 15.1 21.8 13.0 1987
1987 11.4 11.1 11.7 12.8 14.6 15.0 13.8 13.9 13.3 12.8 14.3 14.0 14.4 14.8 15.3 15.1 14.6 14.1 13.3 13.9 14.1 14.6 14.5 13.8 13.7 13.8 14.4 13.2 13.0 13.1 14.3 13.0 12.9 13.6 13.0 14.1 13.8 13.6 12.9 14.0 12.4 11.5 13.7 14.7 14.6 15.0 18.6 22.7 20.3 18.2 18.9 19.2 17.3 15.6 17.1 15.1 10.4 13.1 5.0 -2.5 1988
1988 11.7 11.3 11.9 13.0 14.8 15.2 14.0 14.2 13.6 13.0 14.5 14.2 14.6 15.1 15.6 15.4 14.8 14.4 13.6 14.1 14.4 14.9 14.8 14.1 14.1 14.1 14.7 13.6 13.4 13.5 14.6 13.4 13.4 14.0 13.5 14.6 14.3 14.1 13.5 14.5 13.1 12.2 14.4 15.4 15.2 15.7 19.1 22.9 20.8 18.9 19.6 19.9 18.3 16.9 18.4 17.0 13.5 16.3 11.8 11.2 26.8 1989
1989 11.8 11.5 12.1 13.2 14.9 15.3 14.1 14.3 13.7 13.1 14.6 14.3 14.7 15.2 15.7 15.5 14.9 14.5 13.7 14.3 14.6 15.0 14.9 14.3 14.2 14.3 14.8 13.8 13.6 13.7 14.8 13.6 13.6 14.2 13.7 14.8 14.5 14.3 13.8 14.8 13.4 12.6 14.7 15.6 15.5 16.0 19.2 22.8 20.8 19.0 19.7 20.0 18.5 17.3 18.7 17.5 14.6 17.1 13.9 14.2 23.5 20.4 1990
1990 11.2 10.9 11.5 12.5 14.2 14.6 13.4 13.6 13.0 12.5 13.9 13.6 13.9 14.4 14.8 14.7 14.1 13.7 12.9 13.4 13.7 14.1 13.9 13.3 13.2 13.3 13.8 12.7 12.5 12.6 13.6 12.5 12.4 13.0 12.4 13.4 13.1 12.8 12.3 13.2 11.8 10.9 12.8 13.6 13.4 13.7 16.6 19.7 17.6 15.8 16.2 16.2 14.6 13.1 13.8 12.2 9.2 10.3 6.5 4.9 7.5 -1.0 -18.5 1991
1991 11.6 11.3 11.9 13.0 14.6 15.0 13.9 14.0 13.4 12.9 14.3 14.0 14.4 14.8 15.3 15.1 14.6 14.2 13.4 14.0 14.2 14.6 14.5 13.9 13.8 13.9 14.4 13.4 13.2 13.3 14.3 13.2 13.2 13.8 13.3 14.2 14.0 13.8 13.2 14.2 12.8 12.1 13.9 14.8 14.7 15.0 17.8 20.8 19.0 17.3 17.8 17.9 16.6 15.4 16.2 15.1 12.7 14.2 11.6 11.3 15.0 11.3 7.1 40.7 1992
1992 11.8 11.5 12.1 13.1 14.7 15.2 14.0 14.2 13.6 13.1 14.5 14.2 14.6 15.0 15.5 15.3 14.8 14.4 13.6 14.2 14.4 14.8 14.7 14.1 14.1 14.1 14.6 13.7 13.5 13.6 14.6 13.5 13.5 14.0 13.6 14.5 14.3 14.1 13.6 14.5 13.2 12.5 14.3 15.2 15.1 15.4 18.1 21.0 19.2 17.7 18.1 18.3 17.1 16.0 16.9 15.9 13.8 15.3 13.2 13.2 16.6 14.2 12.3 31.8 23.4 1993
1993 11.9 11.6 12.2 13.2 14.8 15.2 14.1 14.3 13.7 13.2 14.6 14.3 14.7 15.1 15.5 15.4 14.9 14.5 13.8 14.3 14.5 14.9 14.8 14.3 14.2 14.3 14.8 13.8 13.6 13.8 14.7 13.7 13.7 14.2 13.8 14.7 14.5 14.3 13.8 14.7 13.5 12.8 14.6 15.4 15.3 15.6 18.2 20.9 19.3 17.8 18.3 18.4 17.3 16.3 17.1 16.3 14.5 15.8 14.0 14.2 17.2 15.4 14.2 27.8 21.8 20.1 1994
1994 11.8 11.4 12.0 13.0 14.6 15.0 13.9 14.0 13.5 13.0 14.3 14.0 14.4 14.8 15.2 15.1 14.6 14.2 13.5 14.0 14.2 14.6 14.5 13.9 13.9 13.9 14.4 13.5 13.3 13.4 14.3 13.3 13.3 13.8 13.4 14.2 14.0 13.8 13.3 14.1 13.0 12.3 14.0 14.7 14.6 14.9 17.3 19.8 18.2 16.8 17.1 17.2 16.1 15.1 15.8 14.8 13.1 14.2 12.4 12.3 14.6 12.7 11.3 20.3 14.1 9.8 0.3 1995
1995 12.1 11.8 12.3 13.3 14.8 15.3 14.2 14.3 13.8 13.3 14.6 14.4 14.7 15.1 15.6 15.4 14.9 14.5 13.8 14.3 14.6 15.0 14.9 14.3 14.3 14.4 14.8 13.9 13.8 13.9 14.8 13.8 13.8 14.3 13.9 14.8 14.6 14.4 14.0 14.8 13.7 13.0 14.7 15.4 15.3 15.7 18.0 20.4 18.9 17.6 18.0 18.1 17.1 16.3 17.0 16.2 14.7 15.8 14.4 14.6 16.9 15.5 14.8 22.9 18.8 17.3 15.9 34.0 1996
1996 12.2 11.9 12.5 13.4 15.0 15.4 14.3 14.5 13.9 13.5 14.8 14.5 14.9 15.2 15.7 15.5 15.0 14.7 14.0 14.5 14.7 15.1 15.0 14.5 14.5 14.5 15.0 14.1 14.0 14.1 15.0 14.0 14.0 14.5 14.2 15.0 14.8 14.7 14.2 15.0 14.0 13.4 15.0 15.7 15.6 15.9 18.2 20.5 19.1 17.9 18.2 18.4 17.4 16.7 17.3 16.7 15.3 16.4 15.1 15.3 17.5 16.4 15.8 22.8 19.6 18.6 18.1 28.2 22.6 1997
1997 12.5 12.2 12.7 13.7 15.2 15.6 14.6 14.7 14.2 13.7 15.0 14.8 15.1 15.5 16.0 15.8 15.3 15.0 14.3 14.8 15.1 15.4 15.4 14.9 14.8 14.9 15.4 14.5 14.4 14.5 15.4 14.5 14.5 15.0 14.6 15.5 15.3 15.1 14.8 15.5 14.5 14.0 15.5 16.3 16.2 16.5 18.7 21.0 19.7 18.5 18.9 19.0 18.2 17.5 18.2 17.6 16.4 17.5 16.4 16.8 18.9 18.0 17.8 24.1 21.6 21.2 21.5 29.5 27.2 32.1 1998
1998 12.3 12.0 12.6 13.5 15.0 15.4 14.4 14.5 14.0 13.6 14.8 14.6 14.9 15.3 15.7 15.6 15.1 14.8 14.1 14.6 14.8 15.2 15.1 14.6 14.6 14.6 15.1 14.2 14.1 14.2 15.1 14.2 14.2 14.7 14.3 15.1 14.9 14.8 14.4 15.1 14.1 13.6 15.1 15.8 15.7 16.0 18.0 20.2 18.9 17.8 18.1 18.2 17.3 16.7 17.3 16.7 15.5 16.4 15.4 15.6 17.4 16.5 16.0 21.3 18.7 18.0 17.5 22.3 18.6 16.7 3.1 1999
1999 12.4 12.1 12.6 13.6 15.0 15.4 14.4 14.5 14.0 13.6 14.8 14.6 14.9 15.3 15.7 15.6 15.1 14.8 14.1 14.6 14.8 15.2 15.1 14.6 14.6 14.6 15.1 14.3 14.1 14.3 15.1 14.2 14.2 14.7 14.3 15.1 14.9 14.8 14.4 15.1 14.2 13.7 15.1 15.8 15.7 16.0 17.9 20.0 18.7 17.7 18.0 18.1 17.3 16.6 17.2 16.6 15.5 16.4 15.4 15.6 17.2 16.4 16.0 20.6 18.3 17.6 17.2 20.9 17.8 16.3 9.1 15.5 2000
2000 12.3 12.1 12.6 13.5 15.0 15.3 14.3 14.5 14.0 13.5 14.8 14.5 14.9 15.2 15.6 15.5 15.0 14.7 14.1 14.5 14.7 15.1 15.0 14.5 14.5 14.6 15.0 14.2 14.0 14.2 15.0 14.1 14.1 14.6 14.2 15.0 14.8 14.7 14.3 15.0 14.1 13.6 14.9 15.6 15.5 15.8 17.7 19.6 18.4 17.4 17.6 17.7 16.9 16.3 16.8 16.2 15.2 16.0 15.0 15.2 16.7 15.9 15.5 19.6 17.4 16.7 16.2 19.1 16.3 14.8 9.6 13.0 10.6 2001
2001 12.3 12.0 12.5 13.5 14.9 15.2 14.2 14.4 13.9 13.5 14.7 14.4 14.8 15.1 15.5 15.4 14.9 14.6 14.0 14.4 14.6 15.0 14.9 14.4 14.4 14.4 14.9 14.1 13.9 14.0 14.8 14.0 14.0 14.4 14.1 14.8 14.6 14.5 14.1 14.8 13.9 13.4 14.8 15.4 15.3 15.5 17.3 19.2 18.0 17.0 17.3 17.3 16.6 15.9 16.4 15.8 14.8 15.6 14.6 14.8 16.1 15.3 14.9 18.6 16.5 15.8 15.3 17.6 15.1 13.6 9.4 11.6 9.7 8.9 2002
2002 11.9 11.6 12.1 13.0 14.4 14.7 13.7 13.9 13.4 13.0 14.1 13.9 14.2 14.5 14.9 14.8 14.3 14.0 13.4 13.8 14.0 14.3 14.2 13.8 13.7 13.7 14.1 13.4 13.2 13.3 14.1 13.2 13.2 13.6 13.3 13.9 13.7 13.6 13.2 13.9 12.9 12.4 13.7 14.2 14.1 14.3 16.0 17.8 16.6 15.6 15.7 15.7 14.9 14.3 14.6 14.0 13.0 13.6 12.6 12.6 13.7 12.8 12.2 15.3 13.2 12.2 11.4 12.8 10.1 8.1 3.9 4.1 0.6 -4.1 -15.5 2003
2003 12.3 12.0 12.5 13.4 14.8 15.1 14.2 14.3 13.8 13.4 14.6 14.4 14.7 15.0 15.4 15.3 14.8 14.5 13.9 14.3 14.5 14.9 14.8 14.3 14.3 14.3 14.7 14.0 13.8 14.0 14.7 13.9 13.9 14.3 14.0 14.7 14.5 14.4 14.0 14.7 13.8 13.3 14.6 15.1 15.1 15.3 17.0 18.7 17.6 16.6 16.8 16.9 16.2 15.6 16.0 15.5 14.5 15.2 14.3 14.4 15.6 14.9 14.5 17.5 15.8 15.1 14.6 16.3 14.3 13.1 10.2 11.7 10.8 10.9 11.9 48.3 2004
2004 12.4 12.1 12.6 13.5 14.9 15.2 14.3 14.4 13.9 13.5 14.7 14.4 14.7 15.1 15.5 15.3 14.9 14.6 14.0 14.4 14.6 14.9 14.9 14.4 14.4 14.4 14.8 14.1 14.0 14.1 14.8 14.0 14.0 14.4 14.1 14.8 14.6 14.5 14.2 14.8 14.0 13.5 14.7 15.3 15.2 15.4 17.1 18.7 17.6 16.7 16.9 17.0 16.3 15.7 16.1 15.7 14.8 15.4 14.6 14.7 15.8 15.2 14.8 17.7 16.1 15.5 15.1 16.7 14.9 13.9 11.6 13.0 12.6 13.0 14.5 33.3 19.7 2005
2005 12.3 12.1 12.6 13.4 14.8 15.1 14.2 14.3 13.8 13.4 14.6 14.3 14.6 15.0 15.3 15.2 14.8 14.5 13.9 14.3 14.5 14.8 14.8 14.3 14.3 14.3 14.7 14.0 13.8 14.0 14.7 13.9 13.9 14.3 14.0 14.6 14.5 14.4 14.0 14.6 13.8 13.4 14.5 15.1 15.0 15.2 16.8 18.4 17.3 16.4 16.6 16.6 16.0 15.4 15.8 15.3 14.5 15.0 14.3 14.4 15.4 14.7 14.4 17.0 15.5 14.9 14.5 15.9 14.2 13.3 11.1 12.3 11.8 12.1 12.9 24.3 13.9 8.3 2006
2006 12.4 12.2 12.6 13.5 14.8 15.2 14.2 14.4 13.9 13.5 14.6 14.4 14.7 15.0 15.4 15.3 14.9 14.5 14.0 14.4 14.6 14.9 14.8 14.4 14.4 14.4 14.8 14.1 13.9 14.0 14.8 14.0 14.0 14.4 14.1 14.7 14.6 14.5 14.1 14.7 13.9 13.5 14.7 15.2 15.1 15.3 16.8 18.4 17.4 16.5 16.7 16.7 16.1 15.6 15.9 15.5 14.6 15.2 14.5 14.6 15.6 15.0 14.7 17.1 15.7 15.2 14.8 16.1 14.6 13.8 12.0 13.1 12.8 13.2 14.0 22.9 15.4 13.4 18.7 2007
2007 12.2 11.9 12.4 13.2 14.5 14.9 14.0 14.1 13.6 13.2 14.3 14.1 14.4 14.7 15.1 14.9 14.5 14.2 13.7 14.1 14.3 14.5 14.5 14.0 14.0 14.0 14.4 13.7 13.6 13.7 14.4 13.6 13.6 14.0 13.7 14.3 14.1 14.0 13.7 14.2 13.4 13.0 14.1 14.6 14.5 14.7 16.2 17.6 16.6 15.8 15.9 15.9 15.3 14.8 15.1 14.6 13.8 14.3 13.6 13.6 14.5 13.9 13.5 15.8 14.4 13.8 13.3 14.4 12.9 12.1 10.3 11.1 10.5 10.5 10.8 17.0 10.3 7.3 6.8 -3.9 2008
2008 11.4 11.1 11.6 12.4 13.6 14.0 13.0 13.2 12.7 12.3 13.4 13.1 13.4 13.7 14.0 13.9 13.5 13.1 12.6 13.0 13.1 13.4 13.3 12.8 12.8 12.8 13.1 12.4 12.3 12.3 13.0 12.2 12.2 12.5 12.2 12.8 12.6 12.4 12.1 12.6 11.8 11.3 12.4 12.8 12.6 12.8 14.1 15.5 14.4 13.6 13.6 13.6 12.9 12.3 12.5 12.0 11.1 11.4 10.7 10.5 11.2 10.5 10.0 11.8 10.3 9.6 8.9 9.5 7.8 6.7 4.7 4.8 3.7 2.9 2.0 5.3 -1.7 -6.4 -10.9 -22.7 -37.9 2009
2009 11.7 11.4 11.9 12.7 13.9 14.2 13.3 13.5 13.0 12.6 13.7 13.4 13.7 14.0 14.3 14.2 13.8 13.5 12.9 13.3 13.5 13.7 13.7 13.2 13.2 13.2 13.5 12.8 12.7 12.8 13.4 12.7 12.7 13.0 12.7 13.3 13.1 12.9 12.6 13.1 12.4 11.9 12.9 13.4 13.3 13.4 14.7 16.0 15.1 14.2 14.3 14.3 13.6 13.1 13.3 12.8 12.0 12.4 11.7 11.6 12.3 11.7 11.2 13.1 11.7 11.1 10.5 11.2 9.8 8.8 7.1 7.5 6.7 6.3 6.0 9.4 4.0 1.1 -0.6 -6.3 -7.4 38.0 2010
2010 11.8 11.6 12.0 12.8 14.1 14.4 13.5 13.6 13.2 12.8 13.8 13.6 13.9 14.2 14.5 14.4 14.0 13.7 13.1 13.5 13.7 13.9 13.9 13.4 13.4 13.4 13.7 13.1 12.9 13.0 13.6 12.9 12.9 13.2 12.9 13.5 13.3 13.2 12.9 13.4 12.6 12.2 13.2 13.7 13.6 13.7 15.0 16.3 15.4 14.5 14.6 14.6 14.0 13.5 13.7 13.3 12.5 12.9 12.2 12.2 12.9 12.3 11.9 13.7 12.4 11.8 11.4 12.1 10.8 10.0 8.4 8.9 8.3 8.1 8.0 11.3 6.9 4.9 4.2 0.9 2.5 31.7 25.6 2011
2011 11.6 11.4 11.8 12.6 13.8 14.1 13.2 13.4 12.9 12.5 13.6 13.3 13.6 13.9 14.2 14.1 13.7 13.4 12.8 13.2 13.4 13.6 13.5 13.1 13.1 13.1 13.4 12.7 12.6 12.7 13.3 12.6 12.5 12.9 12.6 13.1 12.9 12.8 12.5 13.0 12.2 11.8 12.8 13.2 13.1 13.2 14.4 15.7 14.8 14.0 14.0 14.0 13.4 12.9 13.1 12.6 11.8 12.2 11.5 11.5 12.1 11.5 11.1 12.7 11.5 10.9 10.4 11.0 9.7 8.9 7.5 7.8 7.2 6.9 6.7 9.5 5.4 3.5 2.7 -0.2 0.8 18.4 9.6 -4.3 2012
2012 11.7 11.4 11.9 12.7 13.9 14.2 13.3 13.4 13.0 12.6 13.6 13.4 13.7 13.9 14.3 14.1 13.7 13.4 12.9 13.3 13.4 13.7 13.6 13.2 13.1 13.2 13.5 12.8 12.7 12.8 13.4 12.7 12.6 13.0 12.7 13.2 13.0 12.9 12.6 13.1 12.4 12.0 12.9 13.3 13.2 13.3 14.5 15.8 14.8 14.1 14.2 14.1 13.5 13.0 13.2 12.8 12.1 12.4 11.8 11.7 12.3 11.8 11.4 13.0 11.8 11.3 10.8 11.4 10.2 9.5 8.1 8.5 8.0 7.8 7.7 10.3 6.8 5.2 4.8 2.7 4.0 18.3 12.4 6.4 18.3 2013
2013 12.0 11.8 12.2 13.0 14.2 14.5 13.6 13.7 13.3 12.9 14.0 13.7 14.0 14.3 14.6 14.5 14.1 13.8 13.3 13.7 13.8 14.1 14.0 13.6 13.6 13.6 13.9 13.3 13.1 13.2 13.8 13.1 13.1 13.5 13.2 13.7 13.5 13.4 13.1 13.6 12.9 12.5 13.5 13.9 13.8 13.9 15.1 16.4 15.5 14.8 14.8 14.8 14.3 13.8 14.0 13.6 12.9 13.3 12.7 12.7 13.3 12.8 12.5 14.1 13.0 12.6 12.2 12.9 11.8 11.2 10.0 10.5 10.1 10.1 10.2 12.9 9.8 8.8 8.8 7.5 9.5 22.7 19.1 17.1 29.5 41.8 2014
2014 11.9 11.7 12.1 12.9 14.1 14.4 13.5 13.6 13.2 12.9 13.9 13.6 13.9 14.2 14.5 14.4 14.0 13.7 13.2 13.5 13.7 14.0 13.9 13.5 13.4 13.5 13.8 13.1 13.0 13.1 13.7 13.0 13.0 13.3 13.0 13.6 13.4 13.3 13.0 13.5 12.8 12.4 13.3 13.7 13.6 13.7 14.9 16.1 15.2 14.5 14.6 14.6 14.0 13.6 13.8 13.4 12.7 13.1 12.5 12.5 13.1 12.6 12.3 13.8 12.7 12.3 11.9 12.5 11.5 10.9 9.8 10.2 9.9 9.8 9.9 12.3 9.5 8.5 8.6 7.4 9.1 19.8 16.5 14.3 21.2 22.8 6.3 2015
2015 11.7 11.5 11.9 12.6 13.8 14.1 13.3 13.4 13.0 12.6 13.6 13.4 13.6 13.9 14.2 14.1 13.7 13.4 12.9 13.2 13.4 13.6 13.5 13.1 13.1 13.1 13.4 12.8 12.7 12.7 13.3 12.7 12.6 12.9 12.7 13.2 13.0 12.9 12.6 13.0 12.4 12.0 12.9 13.2 13.1 13.2 14.4 15.5 14.7 13.9 14.0 14.0 13.4 13.0 13.1 12.7 12.1 12.4 11.8 11.8 12.3 11.8 11.5 12.9 11.9 11.4 11.0 11.5 10.5 9.9 8.8 9.2 8.8 8.7 8.6 10.8 8.1 7.1 7.0 5.8 7.0 15.7 12.3 9.9 13.7 12.2 -0.1 -6.2 2016
2016 11.8 11.6 12.0 12.8 13.9 14.2 13.4 13.5 13.1 12.7 13.7 13.5 13.7 14.0 14.3 14.2 13.8 13.5 13.0 13.4 13.5 13.8 13.7 13.3 13.3 13.3 13.6 13.0 12.8 12.9 13.5 12.8 12.8 13.1 12.8 13.3 13.2 13.1 12.8 13.2 12.6 12.2 13.1 13.4 13.4 13.5 14.6 15.7 14.9 14.2 14.3 14.2 13.7 13.2 13.4 13.0 12.4 12.7 12.2 12.2 12.7 12.2 11.9 13.3 12.3 11.9 11.5 12.1 11.1 10.6 9.6 9.9 9.6 9.6 9.6 11.7 9.2 8.4 8.4 7.5 8.8 16.7 13.9 12.1 15.7 15.1 7.3 7.8 24.0 2017
2017 11.9 11.7 12.1 12.8 13.9 14.2 13.4 13.5 13.1 12.8 13.7 13.5 13.8 14.0 14.3 14.2 13.8 13.6 13.1 13.4 13.6 13.8 13.7 13.3 13.3 13.3 13.6 13.0 12.9 13.0 13.5 12.9 12.9 13.2 12.9 13.4 13.2 13.1 12.8 13.3 12.6 12.3 13.1 13.5 13.4 13.5 14.6 15.7 14.9 14.2 14.3 14.2 13.7 13.3 13.5 13.1 12.5 12.8 12.3 12.3 12.8 12.3 12.1 13.4 12.5 12.0 11.7 12.2 11.3 10.8 9.9 10.2 10.0 9.9 10.0 11.9 9.7 9.0 9.0 8.2 9.5 16.6 14.2 12.6 15.7 15.2 9.4 10.5 19.9 15.9 2018
2018 11.6 11.4 11.8 12.5 13.6 13.9 13.1 13.2 12.8 12.4 13.4 13.2 13.4 13.7 13.9 13.8 13.5 13.2 12.7 13.0 13.2 13.4 13.3 12.9 12.9 12.9 13.2 12.6 12.5 12.5 13.1 12.4 12.4 12.7 12.4 12.9 12.7 12.6 12.3 12.7 12.1 11.7 12.6 12.9 12.8 12.9 13.9 15.0 14.2 13.5 13.6 13.5 13.0 12.6 12.7 12.3 11.7 12.0 11.5 11.4 11.9 11.4 11.1 12.4 11.5 11.0 10.7 11.1 10.2 9.7 8.7 9.0 8.7 8.6 8.6 10.3 8.1 7.3 7.3 6.4 7.4 13.4 10.9 9.2 11.3 10.2 4.8 4.4 8.2 1.1 -11.8
1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Russell 3000 Index Russell 1000 Index
1979–2018: Total Returns (%) 1979–2018: Total Returns (%)
Growth of $1 Growth of $1
$100,000 $100,000
$10,000 $10,000
$1,000 $1,000
$77 $79
$100 $100
$10 $10
$1 $1
$0 $0
1979 2018 1979 2018
See Sources and Descriptions of Data. See Sources and Descriptions of Data.
1979 1979
1979 24.1 1980 1979 22.4 1980
1980 28.2 32.5 1981 1980 27.1 32.0 1981
1981 16.3 12.5 -4.4 1982 1981 15.3 11.9 -5.1 1982
1982 17.4 15.2 7.4 20.7 1983 1982 16.5 14.6 6.8 20.2 1983
1983 18.4 17.0 12.3 21.7 22.7 1984 1983 17.6 16.4 11.7 21.2 22.1 1984
1984 15.8 14.2 10.0 15.3 12.6 3.4 1985 1984 15.4 14.0 9.9 15.4 13.1 4.8 1985
1985 18.0 17.0 14.1 19.3 18.8 16.9 32.2 1986 1985 17.6 16.9 14.1 19.4 19.2 17.7 32.2 1986
1986 17.8 17.0 14.5 18.8 18.3 16.8 24.2 16.7 1987 1986 17.7 17.0 14.7 19.1 18.8 17.8 24.8 17.9 1987
1987 15.9 15.0 12.7 15.8 14.8 12.9 16.3 9.1 1.9 1988 1987 15.9 15.1 12.9 16.2 15.5 13.9 17.1 10.1 2.9 1988
1988 16.1 15.3 13.3 16.1 15.3 13.9 16.7 11.9 9.6 17.8 1989 1988 16.1 15.4 13.5 16.4 15.8 14.5 17.1 12.5 9.9 17.2 1989
1989 17.3 16.6 15.0 17.7 17.2 16.3 19.1 16.0 15.8 23.4 29.3 1990 1989 17.3 16.8 15.2 18.1 17.7 17.0 19.7 16.7 16.3 23.6 30.4 1990
1990 15.2 14.5 12.8 14.9 14.2 13.0 14.7 11.5 10.2 13.1 10.8 -5.1 1991 1990 15.3 14.7 13.1 15.4 14.8 13.7 15.3 12.2 10.8 13.6 11.8 -4.2 1991
1991 16.5 15.9 14.5 16.6 16.2 15.4 17.2 14.9 14.5 17.9 18.0 12.6 33.7 1992 1991 16.6 16.1 14.8 17.0 16.7 16.0 17.7 15.4 14.9 18.2 18.5 12.9 33.0 1992
1992 16.0 15.4 14.1 16.0 15.5 14.7 16.2 14.1 13.7 16.2 15.8 11.6 21.1 9.7 1993 1992 16.1 15.6 14.3 16.3 15.9 15.2 16.6 14.5 13.9 16.3 16.0 11.6 20.4 9.0 1993
1993 15.7 15.1 13.9 15.5 15.1 14.3 15.6 13.7 13.3 15.3 14.8 11.5 17.6 10.3 10.9 1994 1993 15.7 15.2 14.0 15.7 15.3 14.7 15.8 13.9 13.4 15.2 14.8 11.2 16.9 9.6 10.2 1994
1994 14.7 14.1 12.8 14.3 13.8 13.0 14.0 12.1 11.6 13.0 12.2 9.1 13.0 6.8 5.4 0.2 1995 1994 14.6 14.1 13.0 14.5 14.0 13.3 14.2 12.3 11.7 13.0 12.3 9.0 12.5 6.4 5.2 0.4 1995
1995 15.9 15.4 14.3 15.8 15.4 14.8 15.9 14.4 14.1 15.7 15.5 13.3 17.4 13.6 15.0 17.1 36.8 1996 1995 15.9 15.5 14.5 16.0 15.7 15.2 16.2 14.7 14.3 15.8 15.6 13.3 17.2 13.5 15.1 17.6 37.8 1996
1996 16.2 15.7 14.8 16.2 15.8 15.3 16.4 15.0 14.9 16.4 16.2 14.5 18.1 15.2 16.6 18.6 29.1 21.8 1997 1996 16.2 15.9 14.9 16.4 16.2 15.7 16.7 15.4 15.1 16.5 16.5 14.6 18.0 15.3 16.9 19.2 29.9 22.4 1997
1997 16.9 16.6 15.7 17.1 16.8 16.4 17.5 16.3 16.3 17.9 17.9 16.5 20.0 17.8 19.5 21.8 30.0 26.7 31.8 1998 1997 17.1 16.8 15.9 17.4 17.2 16.9 17.8 16.7 16.6 18.1 18.2 16.7 20.1 18.0 19.9 22.5 30.9 27.5 32.8 1998
1998 17.3 17.0 16.1 17.5 17.3 16.9 18.0 16.9 16.9 18.4 18.5 17.3 20.5 18.7 20.3 22.3 28.5 25.8 27.9 24.1 1999 1998 17.5 17.3 16.5 17.9 17.8 17.5 18.5 17.5 17.4 18.9 19.0 17.8 20.9 19.3 21.1 23.4 29.9 27.4 29.9 27.0 1999
1999 17.5 17.1 16.4 17.7 17.5 17.2 18.2 17.2 17.2 18.6 18.7 17.7 20.5 19.0 20.4 22.0 26.9 24.6 25.5 22.5 20.9 2000 1999 17.7 17.5 16.7 18.1 18.0 17.7 18.6 17.7 17.7 19.0 19.2 18.1 20.9 19.5 21.0 23.0 28.0 25.7 26.8 23.9 20.9 2000
2000 16.2 15.8 15.1 16.2 15.9 15.6 16.4 15.4 15.3 16.4 16.3 15.1 17.4 15.7 16.5 17.3 20.4 17.4 16.3 11.6 5.8 -7.5 2001 2000 16.4 16.1 15.4 16.6 16.4 16.0 16.8 15.8 15.7 16.7 16.7 15.5 17.7 16.1 17.0 18.0 21.2 18.2 17.1 12.3 5.6 -7.8 2001
2001 14.8 14.4 13.6 14.6 14.3 13.9 14.5 13.5 13.3 14.1 13.8 12.6 14.4 12.6 13.0 13.2 15.3 12.0 10.1 5.3 -0.3 -9.5 -11.5 2002 2001 15.0 14.6 13.9 14.9 14.6 14.2 14.8 13.8 13.5 14.3 14.1 12.9 14.6 12.9 13.3 13.7 15.7 12.4 10.5 5.5 -0.8 -10.1 -12.4 2002
2002 13.0 12.6 11.7 12.6 12.2 11.6 12.1 11.0 10.7 11.3 10.9 9.6 10.9 9.0 8.9 8.7 9.8 6.5 4.1 -0.7 -6.1 -13.7 -16.7 -21.5 2003 2002 13.1 12.8 12.0 12.8 12.5 12.0 12.4 11.3 10.9 11.5 11.1 9.7 11.0 9.2 9.2 9.1 10.2 6.8 4.3 -0.6 -6.5 -14.2 -17.2 -21.7 2003
2003 13.7 13.3 12.5 13.4 13.0 12.5 13.1 12.1 11.8 12.5 12.1 11.0 12.3 10.7 10.8 10.8 12.0 9.3 7.6 4.0 0.4 -4.2 -3.1 1.4 31.1 2004 2003 13.8 13.4 12.7 13.6 13.3 12.8 13.3 12.3 12.0 12.6 12.3 11.1 12.3 10.8 10.9 11.0 12.2 9.4 7.7 4.0 -0.1 -4.8 -3.8 0.9 29.9 2004
2004 13.6 13.2 12.5 13.3 13.0 12.5 13.0 12.1 11.8 12.4 12.1 11.0 12.3 10.8 10.9 10.9 12.0 9.5 8.1 5.1 2.2 -1.2 0.5 4.8 21.1 11.9 2005 2004 13.7 13.3 12.6 13.5 13.2 12.8 13.2 12.2 11.9 12.5 12.2 11.1 12.3 10.8 11.0 11.0 12.2 9.6 8.1 5.0 1.7 -1.8 -0.2 4.3 20.3 11.4 2005
2005 13.3 12.9 12.2 13.0 12.7 12.2 12.7 11.8 11.5 12.1 11.7 10.7 11.9 10.4 10.5 10.5 11.5 9.2 7.9 5.2 2.8 0.0 1.6 5.1 15.9 9.0 6.1 2006 2005 13.4 13.1 12.4 13.2 12.9 12.5 12.8 11.9 11.6 12.1 11.9 10.8 11.9 10.5 10.6 10.6 11.6 9.3 7.9 5.1 2.3 -0.5 1.1 4.8 15.4 8.8 6.3 2006
2006 13.4 13.0 12.4 13.1 12.8 12.4 12.8 11.9 11.7 12.3 12.0 11.0 12.1 10.8 10.9 10.9 11.8 9.8 8.6 6.3 4.3 2.1 3.8 7.2 15.9 11.2 10.8 15.7 2007 2006 13.5 13.1 12.5 13.2 13.0 12.6 13.0 12.1 11.8 12.3 12.0 11.1 12.1 10.8 10.9 11.0 11.9 9.8 8.6 6.2 3.9 1.7 3.3 6.8 15.4 11.0 10.8 15.5 2007
2007 13.1 12.8 12.1 12.8 12.5 12.1 12.5 11.6 11.4 11.9 11.6 10.7 11.7 10.4 10.5 10.5 11.3 9.4 8.3 6.2 4.4 2.5 4.0 6.8 13.6 9.6 8.9 10.3 5.1 2008 2007 13.2 12.9 12.2 13.0 12.7 12.3 12.6 11.8 11.5 12.0 11.7 10.8 11.7 10.5 10.6 10.6 11.4 9.5 8.4 6.2 4.1 2.2 3.7 6.6 13.4 9.7 9.1 10.5 5.8 2008
2008 10.9 10.5 9.8 10.3 10.0 9.5 9.7 8.9 8.5 8.8 8.4 7.4 8.2 6.8 6.6 6.4 6.8 4.8 3.5 1.2 -0.8 -3.0 -2.4 -1.0 2.9 -2.0 -5.1 -8.6 -18.8 -37.3 2009 2008 11.0 10.6 9.9 10.5 10.1 9.7 9.9 9.0 8.6 8.9 8.5 7.5 8.1 6.8 6.7 6.5 6.9 4.9 3.5 1.2 -1.1 -3.3 -2.7 -1.2 2.7 -2.0 -5.1 -8.7 -18.8 -37.6 2009
2009 11.4 11.1 10.4 10.9 10.6 10.2 10.4 9.6 9.3 9.7 9.3 8.4 9.1 7.9 7.8 7.6 8.1 6.3 5.2 3.3 1.6 -0.2 0.6 2.3 6.2 2.5 0.8 -0.5 -5.4 -10.3 28.3 2010 2009 11.5 11.1 10.5 11.1 10.8 10.4 10.6 9.8 9.4 9.7 9.4 8.4 9.1 7.9 7.9 7.7 8.2 6.4 5.2 3.2 1.3 -0.5 0.4 2.1 6.0 2.5 0.8 -0.5 -5.4 -10.5 28.4 2010
2010 11.6 11.2 10.6 11.1 10.8 10.4 10.7 9.9 9.6 10.0 9.6 8.8 9.5 8.4 8.3 8.1 8.7 7.0 6.0 4.3 2.8 1.2 2.2 3.8 7.5 4.5 3.3 2.7 -0.3 -2.0 22.5 16.9 2011 2010 11.6 11.3 10.7 11.3 11.0 10.6 10.8 10.0 9.7 10.0 9.7 8.8 9.5 8.3 8.3 8.2 8.7 7.0 6.0 4.2 2.4 0.9 1.8 3.6 7.2 4.3 3.2 2.6 -0.4 -2.4 22.1 16.1 2011
2011 11.3 10.9 10.3 10.8 10.5 10.1 10.3 9.5 9.3 9.6 9.2 8.4 9.1 8.0 7.9 7.7 8.2 6.6 5.7 4.0 2.6 1.2 2.1 3.5 6.8 4.0 3.0 2.5 0.0 -1.3 14.9 8.7 1.0 2012 2011 11.3 11.0 10.4 10.9 10.6 10.2 10.4 9.7 9.4 9.6 9.3 8.4 9.1 8.0 7.9 7.8 8.3 6.7 5.7 4.0 2.4 1.0 1.8 3.3 6.6 4.0 3.0 2.4 0.0 -1.4 14.8 8.6 1.5 2012
2012 11.4 11.1 10.5 11.0 10.7 10.3 10.5 9.8 9.5 9.8 9.5 8.7 9.4 8.4 8.3 8.2 8.6 7.2 6.3 4.8 3.5 2.3 3.2 4.6 7.7 5.4 4.6 4.3 2.6 2.0 15.3 11.2 8.4 16.4 2013 2012 11.5 11.1 10.5 11.1 10.8 10.4 10.6 9.9 9.6 9.9 9.6 8.8 9.4 8.4 8.3 8.3 8.7 7.2 6.3 4.8 3.3 2.1 2.9 4.5 7.5 5.3 4.5 4.3 2.5 1.9 15.2 11.1 8.7 16.4 2013
2013 12.0 11.7 11.1 11.6 11.3 11.0 11.2 10.6 10.3 10.7 10.4 9.7 10.4 9.4 9.4 9.3 9.8 8.5 7.8 6.4 5.3 4.3 5.2 6.8 9.8 7.9 7.4 7.6 6.5 6.7 18.7 16.4 16.2 24.7 33.6 2014 2013 12.0 11.7 11.2 11.7 11.5 11.1 11.3 10.7 10.4 10.7 10.4 9.7 10.3 9.4 9.4 9.4 9.9 8.5 7.7 6.3 5.1 4.0 5.0 6.6 9.6 7.8 7.4 7.5 6.4 6.6 18.6 16.2 16.3 24.5 33.1 2014
2014 12.0 11.7 11.1 11.6 11.4 11.0 11.3 10.6 10.4 10.7 10.5 9.8 10.5 9.5 9.5 9.5 10.0 8.7 8.0 6.8 5.8 4.8 5.8 7.2 10.0 8.3 7.9 8.1 7.2 7.5 17.7 15.6 15.3 20.5 22.6 12.6 2015 2014 12.1 11.8 11.2 11.8 11.5 11.2 11.4 10.8 10.5 10.8 10.6 9.8 10.5 9.6 9.6 9.6 10.0 8.7 8.0 6.7 5.6 4.6 5.6 7.1 9.9 8.3 8.0 8.1 7.3 7.5 17.7 15.6 15.5 20.6 22.8 13.2 2015
2015 11.7 11.4 10.8 11.3 11.0 10.7 10.9 10.3 10.1 10.4 10.1 9.4 10.0 9.1 9.1 9.0 9.5 8.3 7.6 6.4 5.4 4.5 5.4 6.7 9.3 7.6 7.2 7.4 6.5 6.6 15.0 13.0 12.2 15.2 14.7 6.3 0.5 2016 2015 11.7 11.5 10.9 11.4 11.2 10.9 11.1 10.4 10.2 10.4 10.2 9.5 10.1 9.2 9.2 9.2 9.6 8.3 7.6 6.4 5.3 4.4 5.2 6.6 9.2 7.6 7.3 7.4 6.5 6.6 15.1 13.0 12.4 15.4 15.0 6.9 0.9 2016
2016 11.7 11.4 10.9 11.3 11.1 10.7 11.0 10.4 10.1 10.4 10.2 9.5 10.1 9.3 9.3 9.2 9.6 8.5 7.9 6.7 5.8 5.0 5.8 7.1 9.5 8.0 7.7 7.8 7.1 7.3 14.7 12.9 12.3 14.7 14.2 8.4 6.4 12.7 2017 2016 11.8 11.5 11.0 11.5 11.2 10.9 11.1 10.5 10.2 10.5 10.2 9.6 10.1 9.3 9.3 9.3 9.7 8.5 7.9 6.7 5.7 4.8 5.7 7.0 9.4 8.0 7.7 7.8 7.1 7.2 14.7 12.9 12.4 14.7 14.3 8.6 6.3 12.1 2017
2017 12.0 11.6 11.1 11.6 11.3 11.0 11.3 10.7 10.5 10.8 10.5 9.9 10.5 9.7 9.7 9.7 10.1 9.0 8.5 7.4 6.6 5.8 6.7 7.9 10.3 8.9 8.7 8.9 8.3 8.6 15.4 13.9 13.5 15.7 15.6 11.5 11.1 16.9 21.1 2018 2017 12.0 11.7 11.2 11.7 11.5 11.2 11.4 10.8 10.6 10.8 10.6 10.0 10.5 9.8 9.8 9.8 10.2 9.1 8.5 7.4 6.4 5.7 6.5 7.9 10.2 8.9 8.7 8.9 8.3 8.6 15.5 14.0 13.7 15.8 15.7 11.7 11.2 16.8 21.7 2018
2018 11.5 11.2 10.7 11.1 10.9 10.5 10.7 10.2 10.0 10.2 10.0 9.4 9.9 9.1 9.1 9.0 9.4 8.4 7.8 6.8 6.0 5.2 6.0 7.1 9.2 7.9 7.6 7.7 7.1 7.3 13.2 11.6 11.0 12.5 11.8 7.9 6.8 9.0 7.1 -5.2 2018 11.5 11.3 10.8 11.2 11.0 10.7 10.9 10.3 10.1 10.3 10.1 9.4 10.0 9.2 9.2 9.1 9.5 8.4 7.8 6.8 5.9 5.1 5.9 7.1 9.2 7.9 7.7 7.8 7.2 7.3 13.3 11.7 11.2 12.6 12.0 8.2 7.0 9.1 7.6 -4.8
1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Russell 1000 Value Index Russell 1000 Growth Index
$100,000 $100,000
$10,000 $10,000
$1,000 $1,000
$83 $66
$100 $100
$10 $10
$1 $1
$0 $0
1979 2018 1979 2018
1979 1979
1979 20.5 1980 1979 23.9 1980
1980 22.5 24.4 1981 1980 31.5 39.6 1981
1981 14.9 12.2 1.3 1982 1981 15.3 11.3 -11.3 1982
1982 16.2 14.8 10.2 20.0 1983 1982 16.6 14.2 3.4 20.5 1983
1983 18.5 18.0 16.0 24.1 28.3 1984 1983 16.5 14.7 7.4 18.2 16.0 1984
1984 17.1 16.4 14.5 19.3 18.9 10.1 1985 1984 13.4 11.4 5.3 11.4 7.2 -1.0 1985
1985 19.0 18.8 17.7 22.2 22.9 20.3 31.5 1986 1985 16.0 14.7 10.3 16.4 15.1 14.7 32.9 1986
1986 19.2 19.0 18.1 21.8 22.2 20.2 25.6 20.0 1987 1986 15.9 14.8 11.1 16.2 15.2 14.9 23.8 15.4 1987
1987 16.9 16.5 15.4 17.9 17.5 14.9 16.6 9.8 0.5 1988 1987 14.7 13.6 10.3 14.3 13.1 12.4 17.3 10.2 5.3 1988
1988 17.5 17.2 16.3 18.7 18.4 16.5 18.2 14.1 11.3 23.2 1989 1988 14.3 13.3 10.4 13.9 12.8 12.2 15.8 10.6 8.2 11.3 1989
1989 18.2 18.0 17.3 19.5 19.4 17.9 19.6 16.8 15.7 24.2 25.2 1990 1989 16.1 15.4 13.0 16.4 15.9 15.9 19.5 16.4 16.8 23.0 35.9 1990
1990 15.8 15.3 14.5 16.0 15.5 13.8 14.4 11.3 9.2 12.3 7.3 -8.1 1991 1990 14.7 13.9 11.6 14.4 13.7 13.4 16.0 12.9 12.3 14.7 16.4 -0.3 1991
1991 16.4 16.1 15.3 16.9 16.5 15.1 15.8 13.4 12.2 15.3 12.8 7.0 24.6 1992 1991 16.5 15.9 14.0 16.9 16.5 16.5 19.3 17.2 17.5 20.8 24.2 18.7 41.2 1992
1992 16.2 15.9 15.2 16.6 16.2 15.0 15.6 13.5 12.4 15.0 13.0 9.2 19.1 13.8 1993 1992 15.7 15.0 13.2 15.7 15.3 15.2 17.4 15.3 15.3 17.5 19.1 13.9 21.7 5.0 1993
1993 16.4 16.1 15.4 16.7 16.4 15.3 15.9 14.1 13.2 15.5 14.0 11.4 18.8 15.9 18.1 1994 1993 14.8 14.1 12.4 14.6 14.1 13.9 15.7 13.7 13.5 14.9 15.6 11.1 15.1 3.9 2.9 1994
1994 15.1 14.8 14.1 15.1 14.8 13.6 13.9 12.1 11.2 12.8 11.2 8.6 13.2 9.6 7.6 -2.0 1995 1994 14.0 13.3 11.7 13.6 13.1 12.8 14.3 12.4 12.1 13.1 13.4 9.3 11.9 3.5 2.8 2.7 1995
1995 16.4 16.1 15.6 16.7 16.4 15.5 16.0 14.5 13.9 15.7 14.7 13.1 17.8 16.2 17.0 16.4 38.4 1996 1995 15.2 14.7 13.2 15.2 14.8 14.7 16.2 14.7 14.6 15.8 16.5 13.5 16.5 11.1 13.2 18.7 37.2 1996
1996 16.6 16.4 15.9 17.0 16.8 15.9 16.4 15.2 14.7 16.4 15.6 14.2 18.5 17.3 18.1 18.2 29.7 21.6 1997 1996 15.6 15.2 13.8 15.7 15.4 15.3 16.8 15.4 15.4 16.6 17.3 14.9 17.6 13.4 15.6 20.1 30.0 23.1 1997
1997 17.6 17.4 17.0 18.1 17.9 17.2 17.8 16.7 16.4 18.1 17.6 16.7 20.7 20.1 21.4 22.2 31.5 28.2 35.2 1998 1997 16.4 16.0 14.7 16.6 16.3 16.3 17.8 16.6 16.7 17.9 18.7 16.7 19.4 16.1 18.4 22.6 30.1 26.8 30.5 1998
1998 17.5 17.3 16.9 17.9 17.8 17.1 17.6 16.6 16.3 17.9 17.4 16.6 20.1 19.4 20.4 20.9 27.4 23.9 25.0 15.6 1999 1998 17.4 17.1 15.9 17.8 17.6 17.7 19.2 18.2 18.4 19.7 20.6 19.0 21.6 19.1 21.6 25.7 32.2 30.6 34.5 38.7 1999
1999 17.0 16.8 16.4 17.3 17.1 16.5 16.9 15.9 15.6 17.0 16.4 15.6 18.6 17.9 18.4 18.5 23.1 19.5 18.8 11.4 7.4 2000 1999 18.1 17.8 16.8 18.6 18.5 18.6 20.1 19.2 19.5 20.8 21.7 20.3 22.9 20.7 23.2 26.9 32.4 31.2 34.1 35.9 33.2 2000
2000 16.5 16.3 15.9 16.7 16.6 15.9 16.3 15.3 15.0 16.2 15.6 14.8 17.4 16.6 17.0 16.8 20.2 16.9 15.8 9.9 7.2 7.0 2001 2000 15.9 15.5 14.4 16.0 15.7 15.7 16.8 15.8 15.9 16.7 17.2 15.6 17.3 14.9 16.3 18.3 21.1 18.1 16.9 12.7 1.6 -22.4 2001
2001 15.4 15.2 14.8 15.5 15.3 14.6 14.9 13.9 13.5 14.5 13.8 12.9 15.1 14.2 14.2 13.7 16.2 12.8 11.1 5.8 2.7 0.5 -5.6 2002 2001 14.0 13.6 12.5 13.8 13.5 13.3 14.2 13.1 13.0 13.6 13.7 12.1 13.3 10.8 11.5 12.6 14.1 10.6 8.3 3.3 -6.3 -21.4 -20.4 2002
2002 13.9 13.7 13.2 13.8 13.5 12.8 12.9 11.9 11.4 12.2 11.4 10.4 12.1 11.1 10.8 10.0 11.6 8.3 6.2 1.2 -2.2 -5.1 -10.7 -15.5 2003 2002 11.8 11.3 10.2 11.3 10.9 10.7 11.3 10.2 9.9 10.2 10.1 8.3 9.1 6.6 6.7 7.1 7.7 4.1 1.2 -3.8 -12.3 -23.6 -24.2 -27.9 2003
2003 14.5 14.3 13.9 14.5 14.2 13.6 13.8 12.8 12.4 13.2 12.6 11.7 13.4 12.5 12.4 11.9 13.5 10.8 9.3 5.5 3.6 2.6 1.2 4.8 30.0 2004 2003 12.5 12.1 11.0 12.1 11.7 11.5 12.2 11.2 10.9 11.3 11.3 9.7 10.5 8.3 8.6 9.2 10.0 7.0 4.8 1.1 -5.1 -12.8 -9.4 -3.3 29.7 2004
2004 14.6 14.4 14.0 14.6 14.3 13.7 13.9 13.0 12.7 13.4 12.8 12.0 13.6 12.8 12.8 12.3 13.8 11.4 10.2 7.0 5.6 5.3 4.8 8.6 23.1 16.5 2005 2004 12.3 11.8 10.8 11.9 11.5 11.3 11.9 10.9 10.7 11.0 11.0 9.5 10.2 8.2 8.4 8.9 9.6 6.9 5.0 1.8 -3.3 -9.3 -5.7 -0.2 17.4 6.3 2005
2005 14.3 14.1 13.7 14.2 14.0 13.4 13.6 12.7 12.4 13.0 12.5 11.7 13.2 12.4 12.3 11.8 13.2 10.9 9.8 7.0 5.8 5.6 5.3 8.2 17.5 11.7 7.0 2006 2005 12.0 11.6 10.6 11.6 11.2 11.0 11.6 10.6 10.4 10.7 10.6 9.2 9.9 8.0 8.2 8.6 9.2 6.7 5.0 2.2 -2.1 -7.0 -3.6 1.2 13.2 5.8 5.3 2006
2006 14.6 14.4 14.0 14.6 14.3 13.8 13.9 13.2 12.8 13.5 13.0 12.3 13.7 13.0 13.0 12.6 13.9 11.9 11.0 8.6 7.7 7.8 7.9 10.9 18.7 15.1 14.4 22.2 2007 2006 11.9 11.5 10.5 11.5 11.1 10.9 11.5 10.6 10.3 10.6 10.6 9.2 9.8 8.0 8.2 8.7 9.2 6.9 5.4 3.0 -0.8 -4.9 -1.6 2.7 12.2 6.9 7.2 9.1 2007
2007 14.1 13.8 13.5 14.0 13.7 13.1 13.3 12.5 12.2 12.8 12.3 11.6 12.9 12.2 12.1 11.6 12.8 10.9 9.9 7.7 6.8 6.8 6.7 8.9 14.6 11.1 9.3 10.5 -0.2 2008 2007 11.9 11.5 10.6 11.5 11.2 11.0 11.5 10.6 10.4 10.7 10.6 9.4 10.0 8.3 8.5 8.9 9.4 7.3 6.0 3.8 0.5 -2.9 0.2 4.2 12.1 8.1 8.7 10.4 11.8 2008
2008 11.8 11.5 11.1 11.5 11.2 10.5 10.6 9.7 9.3 9.7 9.1 8.3 9.3 8.4 8.1 7.5 8.2 6.2 5.0 2.6 1.4 0.7 0.0 0.8 3.8 -0.8 -4.7 -8.3 -20.6 -36.8 2009 2008 9.7 9.2 8.3 9.1 8.7 8.4 8.8 7.8 7.5 7.6 7.4 6.1 6.5 4.7 4.7 4.8 5.0 2.8 1.3 -1.0 -4.3 -7.7 -5.7 -3.4 1.4 -3.4 -5.7 -9.1 -17.0 -38.4 2009
2009 12.1 11.8 11.4 11.8 11.5 10.9 10.9 10.1 9.7 10.2 9.6 8.8 9.8 9.0 8.8 8.2 8.9 7.1 6.0 3.9 2.9 2.5 2.0 3.0 5.9 2.4 -0.3 -2.0 -9.0 -13.1 19.7 2010 2009 10.5 10.1 9.2 10.0 9.6 9.4 9.8 8.9 8.7 8.8 8.7 7.5 7.9 6.3 6.4 6.6 6.9 5.0 3.7 1.7 -1.1 -4.0 -1.7 1.0 5.9 2.4 1.6 0.7 -1.9 -8.1 37.2 2010
2010 12.2 11.9 11.5 11.9 11.6 11.0 11.1 10.3 9.9 10.4 9.8 9.1 10.1 9.4 9.1 8.6 9.3 7.6 6.7 4.8 3.9 3.6 3.3 4.3 7.1 4.1 2.2 1.3 -3.4 -4.4 17.6 15.5 2011 2010 10.7 10.3 9.4 10.2 9.8 9.6 10.0 9.2 9.0 9.1 9.0 7.9 8.3 6.8 6.9 7.2 7.5 5.7 4.6 2.8 0.3 -2.3 0.0 2.6 7.2 4.3 4.0 3.8 2.5 -0.5 26.5 16.7 2011
2011 11.8 11.5 11.1 11.5 11.2 10.6 10.7 9.9 9.5 9.9 9.4 8.7 9.6 8.9 8.7 8.2 8.8 7.2 6.3 4.4 3.6 3.3 3.0 3.9 6.3 3.7 2.0 1.1 -2.6 -3.2 11.5 7.7 0.4 2012 2011 10.4 10.0 9.2 9.9 9.6 9.4 9.8 9.0 8.7 8.9 8.8 7.7 8.1 6.6 6.7 6.9 7.2 5.5 4.5 2.8 0.5 -1.9 0.3 2.6 6.7 4.1 3.8 3.6 2.5 0.3 18.0 9.5 2.6 2012
2012 12.0 11.7 11.3 11.7 11.4 10.9 10.9 10.2 9.8 10.2 9.7 9.1 10.0 9.3 9.1 8.6 9.2 7.7 6.9 5.3 4.6 4.3 4.1 5.1 7.4 5.1 3.8 3.3 0.5 0.6 13.0 10.9 8.6 17.5 2013 2012 10.6 10.2 9.4 10.1 9.8 9.6 10.0 9.2 9.0 9.1 9.0 8.0 8.4 7.0 7.1 7.3 7.6 6.1 5.1 3.6 1.5 -0.6 1.4 3.7 7.5 5.3 5.2 5.2 4.5 3.1 17.3 11.4 8.8 15.3 2013
2013 12.5 12.3 11.9 12.3 12.0 11.5 11.6 10.9 10.6 11.0 10.6 10.0 10.9 10.3 10.1 9.7 10.4 9.0 8.3 6.8 6.2 6.1 6.1 7.1 9.5 7.6 6.6 6.6 4.5 5.3 16.7 15.9 16.1 24.8 32.5 2014 2013 11.1 10.8 10.0 10.8 10.5 10.3 10.7 10.0 9.8 10.0 9.9 8.9 9.4 8.1 8.2 8.5 8.8 7.4 6.6 5.2 3.3 1.5 3.6 5.9 9.7 7.8 8.0 8.3 8.2 7.7 20.4 16.5 16.5 24.0 33.5 2014
2014 12.5 12.3 12.0 12.3 12.1 11.6 11.6 11.0 10.7 11.1 10.7 10.1 11.0 10.4 10.2 9.9 10.5 9.2 8.6 7.2 6.7 6.6 6.6 7.6 9.8 8.1 7.3 7.3 5.6 6.4 16.1 15.4 15.4 20.9 22.6 13.5 2015 2014 11.2 10.9 10.1 10.8 10.5 10.4 10.8 10.1 9.9 10.1 10.0 9.1 9.5 8.3 8.5 8.7 9.0 7.7 6.9 5.7 3.9 2.2 4.2 6.4 9.9 8.3 8.5 8.9 8.8 8.4 19.1 15.8 15.6 20.3 22.8 13.0 2015
2015 12.1 11.8 11.5 11.8 11.6 11.1 11.1 10.5 10.2 10.5 10.1 9.6 10.3 9.8 9.6 9.2 9.8 8.5 7.9 6.5 6.0 5.9 5.9 6.7 8.7 7.1 6.2 6.2 4.5 5.1 13.0 12.0 11.3 14.2 13.1 4.5 -3.8 2016 2015 11.0 10.7 10.0 10.7 10.4 10.2 10.6 9.9 9.7 9.9 9.9 9.0 9.4 8.2 8.3 8.6 8.9 7.6 6.9 5.7 4.0 2.4 4.3 6.4 9.6 8.1 8.2 8.5 8.5 8.1 17.1 14.1 13.5 16.4 16.8 9.3 5.7 2016
2016 12.2 12.0 11.6 12.0 11.7 11.3 11.3 10.7 10.4 10.8 10.3 9.8 10.6 10.1 9.9 9.6 10.1 8.9 8.3 7.1 6.6 6.6 6.5 7.4 9.3 7.8 7.1 7.1 5.7 6.4 13.6 12.7 12.3 14.8 14.1 8.6 6.2 17.3 2017 2016 10.9 10.6 9.9 10.6 10.3 10.1 10.5 9.8 9.7 9.8 9.8 8.9 9.3 8.1 8.3 8.5 8.8 7.6 6.9 5.8 4.2 2.7 4.5 6.4 9.4 8.0 8.1 8.4 8.3 8.0 15.8 13.0 12.4 14.5 14.3 8.6 6.4 7.1 2017
2017 12.2 12.0 11.7 12.0 11.8 11.3 11.4 10.8 10.5 10.9 10.5 10.0 10.7 10.2 10.1 9.7 10.3 9.1 8.6 7.4 7.0 7.0 7.0 7.8 9.6 8.2 7.6 7.7 6.4 7.1 13.6 12.8 12.5 14.6 14.0 9.8 8.7 15.5 13.7 2018 2017 11.4 11.1 10.4 11.1 10.8 10.7 11.0 10.4 10.3 10.4 10.4 9.6 10.0 8.9 9.1 9.3 9.6 8.5 7.9 6.9 5.4 4.1 5.9 7.8 10.7 9.4 9.7 10.1 10.2 10.0 17.3 15.1 14.8 17.0 17.3 13.6 13.8 18.1 30.2 2018
2018 11.7 11.4 11.1 11.4 11.2 10.7 10.7 10.2 9.9 10.2 9.8 9.3 10.0 9.5 9.3 8.9 9.4 8.3 7.7 6.6 6.2 6.1 6.0 6.8 8.3 7.0 6.4 6.3 5.1 5.6 11.2 10.3 9.6 11.0 10.0 5.9 4.2 7.0 2.1 -8.3 2018 11.1 10.7 10.1 10.7 10.5 10.3 10.7 10.0 9.9 10.0 10.0 9.2 9.5 8.5 8.7 8.9 9.2 8.1 7.4 6.5 5.1 3.8 5.4 7.2 9.9 8.7 8.9 9.1 9.1 8.9 15.3 13.1 12.6 14.1 14.0 10.4 9.8 11.1 13.2 -1.5
1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
1928
1928
1929
38.3
11.5
1929
-10.2 1930
Dimensional US Adjusted Large Cap Equity Index
1930 -3.5 -19.4 -27.7 1931 1928–2018: Total Returns (%)
1931 -15.8 -28.6 -36.3 -44.0 1932
1932 -14.3 -23.9 -28.0 -28.2 -7.9 1933
1933 -5.6 -12.6 -13.1 -7.7 18.5 52.6 1934
1934 -4.5 -10.3 -10.3 -5.3 12.8 24.8 2.1 1935 Growth of $1
$100,000
1935 0.5 -4.0 -2.9 3.0 19.9 30.9 21.3 44.0 1936
1936 3.5 -0.2 1.3 7.2 22.0 30.9 24.4 37.3 30.9 1937 $5,389
$10,000
1937 -1.0 -4.6 -3.8 0.2 10.3 14.4 6.4 7.9 -6.6 -33.3 1938
1938 1.3 -1.8 -0.8 3.2 12.6 16.5 10.4 12.5 3.7 -7.8 27.5 1939
1939 1.5 -1.3 -0.4 3.2 11.4 14.4 9.1 10.5 3.5 -4.4 14.5 2.9 1940 $1,000
1940 0.8 -1.9 -1.1 2.1 9.1 11.5 6.6 7.3 1.2 -5.1 6.7 -2.4 -7.4 1941
1941 -0.1 -2.6 -1.9 0.9 7.0 8.8 4.3 4.6 -0.8 -6.2 2.1 -5.1 -8.9 -10.4 1942 $100
1942 0.9 -1.3 -0.6 2.0 7.8 9.5 5.5 5.9 1.4 -2.9 4.7 -0.3 -1.3 1.8 15.8 1943
1943 2.3 0.3 1.1 3.7 9.2 10.9 7.4 8.0 4.2 0.8 8.0 4.5 4.9 9.3 20.7 25.9 1944 $10
1944 3.2 1.4 2.2 4.7 9.9 11.5 8.4 9.0 5.7 2.9 9.5 6.8 7.6 11.7 20.2 22.5 19.2 1945
1945 4.8 3.1 4.0 6.5 11.6 13.2 10.4 11.2 8.4 6.1 12.5 10.5 11.8 16.1 23.8 26.7 27.0 35.4 1946 $1
1946 4.2 2.6 3.4 5.7 10.3 11.7 9.1 9.7 7.0 4.9 10.3 8.3 9.1 12.1 17.2 17.6 14.9 12.9 -5.9 1947
1947 4.2 2.7 3.4 5.6 9.9 11.2 8.7 9.2 6.7 4.8 9.6 7.8 8.4 10.9 14.9 14.7 12.1 9.8 -1.1 3.9 1948 $0
1948 4.1 2.6 3.4 5.4 9.4 10.6 8.3 8.7 6.4 4.6 8.9 7.2 7.7 9.8 13.0 12.6 10.1 7.9 0.1 3.2 2.5 1949 1928 2018
1950 5.8 4.5 5.2 7.2 11.0 12.1 10.1 10.6 8.7 7.3 11.2 10.0 10.7 12.6 15.5 15.5 14.1 13.3 9.3 13.5 16.8 24.7 29.4 1951
1951 6.4 5.2 5.9 7.9 11.5 12.6 10.7 11.2 9.4 8.1 11.9 10.8 11.5 13.4 16.1 16.2 15.0 14.4 11.2 15.0 18.0 23.6 25.4 21.4 1952
1952 6.7 5.5 6.3 8.1 11.6 12.6 10.9 11.4 9.7 8.5 12.1 11.0 11.7 13.4 15.9 15.9 14.9 14.3 11.6 14.8 17.1 21.1 21.4 17.6 13.9 1953
1953 6.4 5.3 6.0 7.8 11.1 12.1 10.3 10.8 9.2 8.0 11.3 10.3 10.9 12.4 14.6 14.5 13.4 12.8 10.2 12.8 14.3 16.8 16.0 11.8 7.3 1.1 1954
1954 7.8 6.8 7.5 9.3 12.5 13.5 12.0 12.5 11.0 10.0 13.3 12.5 13.1 14.8 17.0 17.1 16.3 16.0 14.0 16.8 18.8 21.7 22.0 20.2 19.9 23.0 49.6 1955
1955 8.4 7.4 8.2 9.9 13.0 14.1 12.6 13.1 11.7 10.8 14.0 13.2 13.9 15.5 17.6 17.7 17.1 16.9 15.2 17.8 19.6 22.3 22.7 21.4 21.3 23.9 37.2 25.9 1956
1956 8.4 7.5 8.2 9.9 12.9 13.8 12.4 12.9 11.6 10.7 13.7 12.9 13.6 15.0 17.0 17.0 16.4 16.2 14.5 16.8 18.3 20.5 20.5 19.1 18.6 19.9 26.9 16.8 8.5 1957
1957 7.7 6.8 7.5 9.1 11.9 12.8 11.4 11.8 10.5 9.6 12.4 11.6 12.1 13.4 15.1 15.0 14.3 13.9 12.3 14.1 15.2 16.7 16.3 14.5 13.4 13.3 16.6 7.3 -1.0 -9.6 1958
1958 8.7 7.9 8.6 10.1 12.9 13.8 12.5 13.0 11.8 11.0 13.7 13.0 13.6 14.9 16.6 16.6 16.1 15.8 14.4 16.3 17.5 19.1 19.0 17.8 17.3 17.9 21.5 15.4 12.1 13.9 43.6 1959
1959 8.9 8.0 8.7 10.2 12.9 13.8 12.5 12.9 11.8 11.0 13.6 13.0 13.5 14.8 16.3 16.4 15.8 15.6 14.3 16.0 17.1 18.5 18.3 17.2 16.6 17.0 19.9 14.8 12.1 13.4 27.0 12.3 1960
1960 8.6 7.8 8.4 9.9 12.5 13.3 12.1 12.5 11.4 10.6 13.1 12.5 12.9 14.1 15.5 15.5 14.9 14.7 13.4 14.9 15.8 17.0 16.7 15.5 14.9 15.0 17.1 12.4 9.9 10.3 17.8 6.8 1.5 1961
1961 9.1 8.3 9.0 10.4 12.9 13.7 12.6 13.0 11.9 11.2 13.6 13.0 13.5 14.6 16.1 16.1 15.5 15.3 14.2 15.7 16.6 17.7 17.5 16.5 16.0 16.2 18.3 14.4 12.6 13.4 20.0 13.1 13.5 26.8 1962
1962 8.5 7.8 8.4 9.7 12.2 12.9 11.7 12.1 11.1 10.4 12.6 12.0 12.4 13.4 14.7 14.7 14.1 13.8 12.7 13.9 14.6 15.5 15.2 14.1 13.4 13.4 14.9 11.1 9.2 9.3 13.5 7.0 5.3 7.3 -9.2 1963
1963 8.9 8.1 8.7 10.1 12.4 13.2 12.0 12.4 11.4 10.7 12.9 12.4 12.8 13.8 15.0 15.0 14.4 14.2 13.1 14.3 15.0 15.9 15.6 14.6 14.1 14.1 15.5 12.2 10.6 10.9 14.8 9.7 9.1 11.7 4.9 21.2 1964
1964 9.1 8.3 8.9 10.3 12.5 13.2 12.2 12.5 11.6 10.9 13.0 12.5 12.9 13.8 15.0 15.0 14.5 14.3 13.3 14.4 15.1 15.9 15.6 14.7 14.2 14.3 15.5 12.6 11.2 11.5 14.9 10.8 10.5 12.8 8.5 18.6 16.1 1965
1965 9.2 8.5 9.0 10.3 12.6 13.2 12.2 12.5 11.6 11.0 13.0 12.5 12.9 13.8 15.0 14.9 14.4 14.2 13.3 14.4 15.0 15.8 15.5 14.6 14.1 14.2 15.3 12.6 11.4 11.7 14.7 11.1 10.9 12.9 9.6 16.8 14.6 13.1 1966
1966 8.7 8.0 8.5 9.7 11.9 12.5 11.5 11.8 10.9 10.3 12.2 11.7 12.0 12.8 13.9 13.8 13.3 13.1 12.1 13.1 13.6 14.2 13.9 13.0 12.4 12.3 13.3 10.7 9.4 9.5 11.8 8.4 7.8 8.9 5.6 9.7 6.2 1.5 -8.9 1967
1967 9.0 8.4 8.9 10.1 12.2 12.8 11.9 12.2 11.3 10.7 12.6 12.1 12.5 13.3 14.3 14.2 13.8 13.5 12.6 13.6 14.1 14.8 14.5 13.6 13.2 13.1 14.0 11.7 10.6 10.8 13.0 10.1 9.8 11.0 8.6 12.6 10.5 8.7 6.6 24.7 1968
1968 9.1 8.5 9.0 10.2 12.2 12.8 11.8 12.1 11.3 10.7 12.6 12.1 12.4 13.2 14.2 14.1 13.7 13.5 12.6 13.5 14.0 14.6 14.3 13.5 13.1 13.0 13.9 11.7 10.6 10.8 12.9 10.2 10.0 11.1 9.0 12.4 10.7 9.4 8.2 18.0 11.6 1969
1969 8.6 8.0 8.5 9.6 11.6 12.2 11.2 11.5 10.6 10.1 11.8 11.3 11.6 12.4 13.3 13.2 12.7 12.5 11.6 12.4 12.8 13.3 13.0 12.2 11.7 11.6 12.3 10.2 9.1 9.2 10.9 8.3 7.9 8.7 6.6 9.1 7.2 5.5 3.6 8.2 0.8 -9.0 1970
1970 8.5 7.8 8.3 9.4 11.3 11.9 10.9 11.2 10.4 9.8 11.5 11.0 11.3 12.0 12.8 12.7 12.3 12.0 11.2 12.0 12.3 12.8 12.4 11.7 11.2 11.0 11.6 9.6 8.6 8.6 10.2 7.8 7.3 8.0 6.0 8.1 6.4 4.8 3.2 6.5 1.1 -3.8 1.7 1971
1971 8.6 8.0 8.5 9.6 11.4 12.0 11.1 11.3 10.5 10.0 11.6 11.2 11.4 12.1 12.9 12.9 12.4 12.2 11.4 12.1 12.5 12.9 12.6 11.9 11.4 11.3 11.9 10.0 9.0 9.1 10.6 8.4 8.0 8.7 7.0 9.0 7.5 6.3 5.3 8.3 4.6 2.4 8.6 15.9 1972
1972 8.8 8.2 8.7 9.8 11.6 12.1 11.2 11.5 10.7 10.2 11.8 11.4 11.6 12.3 13.1 13.0 12.6 12.4 11.6 12.3 12.7 13.1 12.8 12.1 11.7 11.6 12.2 10.4 9.6 9.6 11.1 9.0 8.8 9.4 8.0 9.8 8.6 7.8 7.0 9.9 7.2 6.1 11.7 17.0 18.2 1973
1973 8.2 7.6 8.1 9.1 10.8 11.3 10.4 10.7 9.9 9.4 10.9 10.5 10.7 11.3 12.0 11.9 11.5 11.2 10.5 11.1 11.4 11.8 11.4 10.7 10.2 10.1 10.5 8.8 7.9 7.9 9.1 7.1 6.7 7.2 5.7 7.1 5.8 4.7 3.7 5.7 2.8 1.1 3.8 4.5 -0.7 -16.6 1974
1974 7.3 6.7 7.1 8.1 9.7 10.2 9.3 9.5 8.7 8.2 9.6 9.2 9.3 9.9 10.6 10.4 9.9 9.6 8.8 9.4 9.6 9.9 9.5 8.8 8.2 8.0 8.3 6.6 5.7 5.5 6.5 4.5 4.0 4.2 2.6 3.7 2.2 0.9 -0.4 0.8 -2.3 -4.4 -3.5 -4.7 -10.7 -22.4 -27.8 1975
1975 7.9 7.3 7.7 8.7 10.3 10.8 10.0 10.2 9.4 8.9 10.3 9.9 10.1 10.7 11.3 11.2 10.8 10.5 9.8 10.4 10.6 10.9 10.6 9.9 9.4 9.2 9.6 8.0 7.2 7.1 8.1 6.3 6.0 6.3 5.0 6.1 5.0 4.0 3.1 4.6 2.3 1.0 2.8 3.0 0.0 -5.4 0.8 40.7 1976
1976 8.3 7.7 8.2 9.1 10.7 11.2 10.4 10.6 9.9 9.4 10.8 10.4 10.6 11.1 11.8 11.7 11.3 11.1 10.4 11.0 11.2 11.5 11.2 10.6 10.2 10.0 10.4 8.9 8.1 8.1 9.2 7.5 7.2 7.6 6.4 7.6 6.7 5.9 5.3 6.8 5.0 4.2 6.2 7.0 5.3 2.3 9.5 34.9 29.3 1977
1977 8.0 7.5 7.9 8.8 10.4 10.9 10.1 10.2 9.5 9.1 10.4 10.0 10.2 10.7 11.4 11.3 10.8 10.6 9.9 10.5 10.7 11.0 10.7 10.0 9.6 9.4 9.8 8.3 7.6 7.6 8.5 6.9 6.6 6.9 5.8 6.9 5.9 5.2 4.5 5.9 4.1 3.3 5.0 5.5 3.8 1.2 6.2 20.7 11.8 -3.3 1978
1978 8.0 7.5 7.9 8.8 10.4 10.8 10.0 10.2 9.5 9.0 10.4 10.0 10.1 10.6 11.3 11.2 10.8 10.5 9.9 10.4 10.6 10.9 10.6 9.9 9.5 9.4 9.7 8.3 7.6 7.6 8.5 7.0 6.7 7.0 5.9 6.9 6.1 5.4 4.8 6.0 4.5 3.8 5.3 5.8 4.4 2.3 6.5 17.4 10.5 2.2 8.0 1979
1979 8.3 7.8 8.2 9.1 10.6 11.0 10.3 10.5 9.8 9.4 10.7 10.3 10.5 11.0 11.6 11.5 11.1 10.9 10.2 10.8 11.0 11.3 11.0 10.4 10.0 9.9 10.2 8.9 8.2 8.2 9.1 7.7 7.5 7.8 6.8 7.9 7.1 6.5 6.1 7.3 6.0 5.5 7.0 7.6 6.6 5.1 9.2 18.6 13.7 8.9 15.6 23.7 1980
1980 8.7 8.2 8.6 9.5 11.0 11.4 10.7 10.9 10.3 9.8 11.1 10.7 10.9 11.4 12.1 12.0 11.6 11.4 10.8 11.3 11.6 11.9 11.6 11.0 10.7 10.6 11.0 9.7 9.1 9.1 10.0 8.7 8.5 8.9 8.0 9.1 8.4 7.9 7.6 8.9 7.7 7.4 9.0 9.8 9.2 8.1 12.2 20.7 17.0 14.2 20.6 27.5 31.5 1981
1981 8.5 8.0 8.4 9.3 10.7 11.1 10.4 10.6 10.0 9.5 10.8 10.4 10.6 11.1 11.7 11.6 11.2 11.0 10.4 10.9 11.1 11.4 11.1 10.6 10.2 10.1 10.5 9.2 8.6 8.6 9.5 8.2 8.0 8.3 7.5 8.4 7.8 7.3 6.9 8.1 7.0 6.6 8.1 8.7 8.0 6.9 10.2 17.1 13.6 10.7 14.4 16.7 13.4 -2.3 1982
1982 8.7 8.2 8.6 9.5 10.9 11.3 10.6 10.8 10.2 9.8 11.0 10.7 10.9 11.3 11.9 11.8 11.5 11.3 10.7 11.2 11.4 11.7 11.4 10.9 10.6 10.5 10.8 9.6 9.1 9.1 9.9 8.7 8.6 8.9 8.1 9.1 8.5 8.0 7.8 8.9 7.9 7.7 9.1 9.7 9.1 8.3 11.5 17.7 14.7 12.4 15.9 18.0 16.1 9.1 21.8 1983
1983 9.0 8.5 8.9 9.7 11.2 11.6 10.9 11.1 10.5 10.1 11.3 10.9 11.1 11.6 12.2 12.1 11.8 11.6 11.0 11.5 11.7 12.0 11.8 11.3 11.0 10.9 11.2 10.1 9.6 9.6 10.4 9.3 9.2 9.5 8.8 9.7 9.2 8.8 8.6 9.7 8.9 8.7 10.1 10.7 10.3 9.6 12.7 18.4 15.8 14.0 17.2 19.2 18.0 13.9 22.9 24.1 1984
1984 8.9 8.5 8.9 9.7 11.1 11.5 10.8 11.0 10.4 10.0 11.2 10.8 11.0 11.5 12.1 12.0 11.6 11.5 10.9 11.4 11.6 11.9 11.6 11.1 10.9 10.8 11.1 10.0 9.5 9.5 10.3 9.2 9.1 9.4 8.7 9.6 9.1 8.7 8.5 9.5 8.7 8.5 9.8 10.4 10.0 9.4 12.1 17.1 14.8 13.1 15.6 16.9 15.6 11.9 17.1 14.9 6.4 1985
1985 9.3 8.9 9.2 10.1 11.4 11.8 11.2 11.4 10.8 10.4 11.6 11.3 11.5 11.9 12.5 12.4 12.1 11.9 11.4 11.9 12.1 12.4 12.2 11.7 11.4 11.4 11.7 10.7 10.2 10.2 11.0 10.0 9.9 10.2 9.6 10.5 10.0 9.7 9.6 10.6 9.9 9.8 11.1 11.8 11.5 11.0 13.7 18.4 16.4 15.1 17.6 19.0 18.3 15.8 20.8 20.5 18.7 32.5 1986
1986 9.5 9.0 9.4 10.2 11.6 12.0 11.3 11.5 10.9 10.6 11.7 11.4 11.6 12.0 12.6 12.5 12.2 12.1 11.6 12.0 12.3 12.5 12.3 11.9 11.6 11.5 11.9 10.9 10.4 10.5 11.3 10.2 10.2 10.5 9.9 10.8 10.4 10.1 10.0 11.0 10.3 10.3 11.5 12.1 11.9 11.5 14.0 18.4 16.6 15.3 17.6 18.9 18.2 16.1 20.2 19.8 18.5 25.0 17.9 1987
1987 9.3 8.9 9.3 10.1 11.4 11.8 11.1 11.3 10.8 10.4 11.5 11.2 11.4 11.8 12.4 12.3 12.0 11.8 11.3 11.8 12.0 12.3 12.1 11.6 11.4 11.3 11.6 10.6 10.2 10.2 11.0 10.0 9.9 10.2 9.6 10.5 10.0 9.8 9.6 10.6 9.9 9.8 11.0 11.6 11.3 10.9 13.1 17.1 15.3 14.1 16.0 17.0 16.2 14.1 17.1 16.2 14.3 17.1 10.0 2.7 1988
1988 9.5 9.1 9.4 10.2 11.5 11.9 11.3 11.5 10.9 10.6 11.7 11.4 11.6 12.0 12.5 12.5 12.2 12.0 11.5 12.0 12.2 12.4 12.2 11.8 11.6 11.5 11.8 10.9 10.5 10.5 11.2 10.3 10.2 10.5 10.0 10.8 10.4 10.2 10.0 11.0 10.4 10.3 11.4 12.0 11.8 11.4 13.6 17.3 15.7 14.6 16.4 17.3 16.6 14.8 17.5 16.8 15.4 17.8 13.2 11.0 19.9 1989
1989 9.8 9.4 9.7 10.5 11.8 12.2 11.6 11.8 11.2 10.9 12.0 11.7 11.9 12.3 12.9 12.8 12.5 12.4 11.9 12.4 12.6 12.8 12.6 12.2 12.0 12.0 12.3 11.4 11.0 11.0 11.8 10.8 10.8 11.1 10.6 11.4 11.1 10.9 10.8 11.7 11.2 11.1 12.3 12.9 12.7 12.4 14.5 18.1 16.6 15.7 17.4 18.3 17.8 16.3 18.9 18.5 17.6 20.0 17.0 16.7 24.4 29.1 1990
1990 9.5 9.1 9.4 10.2 11.5 11.8 11.2 11.4 10.9 10.5 11.6 11.3 11.5 11.9 12.4 12.3 12.1 11.9 11.4 11.9 12.1 12.3 12.1 11.7 11.5 11.4 11.7 10.8 10.4 10.5 11.1 10.2 10.2 10.5 10.0 10.7 10.3 10.1 10.0 10.9 10.3 10.3 11.3 11.8 11.6 11.2 13.1 16.3 14.8 13.9 15.3 15.9 15.3 13.8 15.7 15.0 13.7 15.0 11.8 10.3 12.9 9.6 -6.9 1991
1991 9.9 9.5 9.8 10.6 11.8 12.2 11.6 11.8 11.3 10.9 12.0 11.7 11.9 12.3 12.8 12.8 12.5 12.4 11.9 12.3 12.5 12.8 12.6 12.2 12.0 12.0 12.3 11.4 11.0 11.1 11.8 10.9 10.9 11.2 10.7 11.5 11.1 11.0 10.9 11.8 11.3 11.2 12.3 12.8 12.6 12.3 14.2 17.3 16.0 15.2 16.6 17.3 16.8 15.6 17.5 17.0 16.2 17.7 15.4 14.9 18.1 17.5 12.2 35.2 1992
1992 9.9 9.5 9.8 10.6 11.8 12.2 11.6 11.8 11.3 11.0 12.0 11.7 11.9 12.3 12.8 12.7 12.5 12.3 11.9 12.3 12.5 12.8 12.6 12.2 12.0 12.0 12.2 11.4 11.0 11.1 11.8 10.9 10.9 11.2 10.7 11.5 11.2 11.0 10.9 11.7 11.3 11.2 12.2 12.7 12.6 12.3 14.1 17.0 15.7 14.9 16.3 16.9 16.4 15.2 16.9 16.5 15.7 16.9 14.8 14.3 16.8 16.0 11.9 22.8 11.5 1993
1993 9.9 9.5 9.9 10.6 11.8 12.2 11.6 11.8 11.3 11.0 12.0 11.7 11.9 12.3 12.8 12.7 12.5 12.3 11.9 12.3 12.5 12.7 12.6 12.2 12.0 11.9 12.2 11.4 11.0 11.1 11.7 10.9 10.9 11.2 10.8 11.5 11.2 11.0 10.9 11.7 11.3 11.2 12.2 12.7 12.5 12.2 13.9 16.7 15.5 14.7 15.9 16.5 16.0 14.9 16.4 16.0 15.2 16.2 14.3 13.8 15.8 15.0 11.7 18.7 11.3 11.1 1994
1994 9.8 9.4 9.7 10.4 11.6 12.0 11.4 11.6 11.1 10.8 11.8 11.5 11.7 12.0 12.5 12.5 12.2 12.1 11.6 12.0 12.2 12.4 12.3 11.9 11.7 11.6 11.9 11.1 10.8 10.8 11.4 10.6 10.6 10.9 10.4 11.1 10.8 10.6 10.5 11.3 10.8 10.8 11.7 12.1 12.0 11.7 13.2 15.8 14.6 13.9 15.0 15.4 14.9 13.8 15.1 14.6 13.8 14.5 12.7 12.1 13.5 12.4 9.4 13.9 7.6 5.7 0.5 1995
1995 10.1 9.8 10.1 10.8 12.0 12.3 11.8 12.0 11.5 11.2 12.2 11.9 12.1 12.5 13.0 12.9 12.7 12.5 12.1 12.5 12.7 12.9 12.8 12.4 12.2 12.2 12.5 11.7 11.4 11.4 12.1 11.3 11.3 11.6 11.2 11.8 11.6 11.4 11.4 12.1 11.7 11.7 12.6 13.1 13.0 12.7 14.3 16.8 15.7 15.0 16.2 16.7 16.2 15.3 16.7 16.3 15.6 16.5 15.0 14.7 16.3 15.8 13.7 18.4 14.5 15.6 17.9 38.4 1996
1996 10.3 9.9 10.3 11.0 12.2 12.5 12.0 12.1 11.7 11.4 12.3 12.1 12.3 12.7 13.1 13.1 12.8 12.7 12.3 12.7 12.9 13.1 13.0 12.7 12.5 12.4 12.7 12.0 11.6 11.7 12.3 11.6 11.6 11.9 11.5 12.2 11.9 11.8 11.7 12.5 12.1 12.1 13.0 13.4 13.3 13.1 14.7 17.1 16.1 15.4 16.5 17.0 16.6 15.8 17.1 16.7 16.2 17.1 15.7 15.5 17.1 16.7 15.0 19.2 16.2 17.4 19.6 30.5 23.1 1997
1997 10.6 10.2 10.6 11.3 12.4 12.8 12.3 12.4 12.0 11.7 12.7 12.4 12.6 13.0 13.5 13.4 13.2 13.1 12.7 13.1 13.3 13.5 13.4 13.1 12.9 12.9 13.1 12.4 12.1 12.2 12.8 12.1 12.1 12.4 12.0 12.7 12.5 12.4 12.3 13.1 12.7 12.8 13.6 14.1 14.0 13.9 15.4 17.7 16.8 16.2 17.3 17.8 17.5 16.7 18.0 17.8 17.3 18.2 17.1 17.0 18.6 18.4 17.1 21.1 18.8 20.4 22.8 31.3 27.9 32.9 1998
1998 10.8 10.4 10.8 11.5 12.6 12.9 12.4 12.6 12.2 11.9 12.8 12.6 12.8 13.2 13.6 13.6 13.4 13.3 12.9 13.3 13.5 13.7 13.6 13.3 13.1 13.1 13.4 12.7 12.4 12.5 13.1 12.4 12.4 12.7 12.3 13.0 12.8 12.7 12.7 13.4 13.1 13.1 14.0 14.4 14.4 14.2 15.7 18.0 17.1 16.5 17.6 18.1 17.8 17.1 18.3 18.1 17.7 18.6 17.6 17.5 19.0 18.9 17.8 21.3 19.5 20.9 22.9 29.3 26.4 28.1 23.4 1999
1999 10.9 10.5 10.9 11.6 12.7 13.0 12.5 12.7 12.3 12.0 12.9 12.7 12.9 13.2 13.7 13.7 13.5 13.4 13.0 13.4 13.6 13.8 13.7 13.4 13.2 13.2 13.5 12.8 12.5 12.6 13.2 12.5 12.5 12.8 12.5 13.1 12.9 12.8 12.8 13.6 13.2 13.3 14.1 14.6 14.5 14.4 15.8 18.0 17.1 16.6 17.6 18.1 17.8 17.2 18.3 18.1 17.8 18.6 17.6 17.6 19.0 18.9 17.9 21.0 19.4 20.6 22.2 27.1 24.4 24.8 21.0 18.6 2000
2000 10.7 10.3 10.7 11.3 12.4 12.8 12.3 12.4 12.0 11.7 12.6 12.4 12.6 13.0 13.4 13.4 13.1 13.0 12.7 13.0 13.2 13.4 13.3 13.0 12.9 12.8 13.1 12.4 12.1 12.2 12.8 12.1 12.1 12.4 12.1 12.7 12.5 12.4 12.3 13.0 12.7 12.7 13.5 13.9 13.9 13.7 15.0 17.1 16.2 15.7 16.6 17.0 16.7 16.0 17.1 16.8 16.4 17.1 16.1 16.0 17.1 16.9 15.8 18.4 16.6 17.3 18.2 21.5 18.3 17.2 12.3 7.2 -3.1 2001
2001 10.4 10.1 10.4 11.0 12.1 12.4 11.9 12.1 11.7 11.4 12.3 12.1 12.2 12.6 13.0 13.0 12.8 12.6 12.3 12.6 12.8 13.0 12.9 12.6 12.4 12.4 12.6 11.9 11.7 11.7 12.3 11.6 11.6 11.9 11.5 12.1 11.9 11.8 11.7 12.4 12.0 12.0 12.8 13.2 13.1 12.9 14.1 16.1 15.2 14.7 15.5 15.8 15.5 14.8 15.7 15.4 14.9 15.5 14.5 14.2 15.1 14.8 13.6 15.7 13.9 14.2 14.6 16.8 13.5 11.7 7.0 2.0 -5.4 -7.7 2002
2002 9.9 9.6 9.9 10.5 11.6 11.9 11.4 11.6 11.1 10.9 11.7 11.5 11.6 12.0 12.4 12.3 12.1 12.0 11.6 12.0 12.1 12.3 12.2 11.8 11.7 11.6 11.8 11.2 10.9 10.9 11.4 10.8 10.8 11.0 10.6 11.2 10.9 10.8 10.7 11.3 11.0 11.0 11.6 12.0 11.8 11.6 12.8 14.6 13.7 13.1 13.8 14.1 13.7 12.9 13.7 13.3 12.8 13.2 12.1 11.8 12.4 11.9 10.7 12.3 10.4 10.3 10.2 11.5 8.1 5.8 1.0 -3.9 -10.4 -13.9 -19.6 2003
2003 10.2 9.9 10.2 10.8 11.8 12.2 11.7 11.8 11.4 11.1 12.0 11.8 11.9 12.2 12.7 12.6 12.4 12.3 11.9 12.3 12.4 12.6 12.5 12.2 12.0 12.0 12.2 11.5 11.3 11.3 11.8 11.2 11.2 11.4 11.1 11.6 11.4 11.3 11.2 11.8 11.5 11.5 12.1 12.5 12.4 12.2 13.3 15.1 14.3 13.7 14.4 14.7 14.4 13.7 14.4 14.1 13.6 14.0 13.1 12.8 13.5 13.0 12.0 13.6 12.0 12.0 12.1 13.5 10.7 9.0 5.5 2.2 -1.5 -1.0 2.5 30.7 2004
2004 10.2 9.9 10.2 10.8 11.9 12.2 11.7 11.8 11.4 11.2 12.0 11.8 11.9 12.3 12.7 12.6 12.4 12.3 11.9 12.3 12.4 12.6 12.5 12.2 12.0 12.0 12.2 11.6 11.3 11.4 11.8 11.2 11.2 11.5 11.1 11.7 11.4 11.3 11.3 11.9 11.5 11.5 12.2 12.5 12.4 12.2 13.3 15.0 14.2 13.7 14.4 14.7 14.3 13.6 14.4 14.1 13.6 14.0 13.1 12.8 13.4 13.1 12.1 13.6 12.0 12.1 12.2 13.4 11.0 9.5 6.5 3.9 1.2 2.4 6.0 21.6 13.2 2005
2005 10.2 9.9 10.2 10.8 11.8 12.1 11.6 11.8 11.4 11.1 11.9 11.7 11.9 12.2 12.6 12.5 12.3 12.2 11.9 12.2 12.3 12.5 12.4 12.1 11.9 11.9 12.1 11.5 11.2 11.3 11.7 11.1 11.1 11.3 11.0 11.5 11.3 11.2 11.2 11.7 11.4 11.4 12.0 12.3 12.2 12.1 13.1 14.7 14.0 13.5 14.1 14.4 14.0 13.4 14.1 13.7 13.3 13.6 12.8 12.5 13.1 12.7 11.7 13.1 11.7 11.7 11.7 12.8 10.5 9.2 6.6 4.4 2.2 3.3 6.2 16.5 10.0 6.9 2006
2006 10.3 9.9 10.2 10.8 11.9 12.1 11.7 11.8 11.4 11.2 12.0 11.8 11.9 12.2 12.6 12.6 12.4 12.3 11.9 12.2 12.4 12.6 12.4 12.2 12.0 12.0 12.2 11.6 11.3 11.4 11.8 11.2 11.2 11.4 11.1 11.6 11.4 11.3 11.3 11.8 11.5 11.5 12.1 12.4 12.3 12.2 13.2 14.8 14.0 13.6 14.2 14.4 14.1 13.5 14.1 13.8 13.4 13.7 12.9 12.7 13.2 12.9 12.0 13.3 11.9 12.0 12.1 13.1 11.0 9.9 7.6 5.7 4.0 5.3 8.1 16.4 11.9 11.3 15.9 2007
2007 10.2 9.9 10.2 10.8 11.8 12.1 11.6 11.7 11.3 11.1 11.9 11.7 11.8 12.1 12.5 12.5 12.3 12.2 11.8 12.1 12.3 12.5 12.3 12.0 11.9 11.8 12.1 11.4 11.2 11.2 11.7 11.1 11.1 11.3 11.0 11.5 11.3 11.2 11.1 11.7 11.4 11.4 12.0 12.3 12.2 12.0 13.0 14.5 13.8 13.3 13.9 14.1 13.8 13.2 13.8 13.5 13.1 13.4 12.6 12.3 12.8 12.5 11.6 12.8 11.5 11.6 11.6 12.5 10.6 9.5 7.4 5.7 4.2 5.3 7.7 14.2 10.3 9.4 10.7 5.8 2008
2008 9.5 9.1 9.4 10.0 11.0 11.2 10.8 10.9 10.5 10.2 11.0 10.8 10.9 11.2 11.6 11.5 11.3 11.2 10.8 11.1 11.2 11.4 11.3 11.0 10.8 10.7 10.9 10.3 10.0 10.1 10.5 9.9 9.9 10.0 9.7 10.2 9.9 9.8 9.7 10.2 9.9 9.8 10.4 10.6 10.5 10.3 11.1 12.6 11.8 11.3 11.8 11.9 11.5 10.9 11.4 11.0 10.5 10.7 9.8 9.5 9.8 9.3 8.4 9.3 8.0 7.8 7.5 8.1 6.0 4.7 2.5 0.6 -1.3 -1.0 0.0 3.7 -1.0 -4.3 -7.8 -17.7 -36.0 2009
2009 9.7 9.4 9.6 10.2 11.2 11.5 11.0 11.1 10.7 10.5 11.3 11.0 11.2 11.5 11.8 11.8 11.6 11.4 11.1 11.4 11.5 11.7 11.5 11.3 11.1 11.0 11.2 10.6 10.4 10.4 10.8 10.3 10.2 10.4 10.1 10.6 10.3 10.2 10.1 10.6 10.3 10.3 10.8 11.1 10.9 10.7 11.6 13.0 12.3 11.8 12.3 12.5 12.1 11.5 12.0 11.7 11.2 11.4 10.6 10.3 10.7 10.2 9.4 10.3 9.1 8.9 8.8 9.4 7.6 6.4 4.5 2.9 1.5 2.0 3.3 7.0 3.5 1.7 0.5 -4.2 -8.8 29.8 2010
2010 9.8 9.5 9.7 10.3 11.3 11.5 11.1 11.2 10.8 10.6 11.4 11.1 11.3 11.6 11.9 11.9 11.7 11.5 11.2 11.5 11.6 11.8 11.6 11.4 11.2 11.2 11.4 10.8 10.5 10.5 11.0 10.4 10.4 10.6 10.3 10.7 10.5 10.4 10.3 10.8 10.5 10.5 11.0 11.2 11.1 10.9 11.8 13.2 12.5 12.0 12.5 12.6 12.3 11.7 12.2 11.9 11.5 11.7 10.9 10.6 11.0 10.6 9.8 10.7 9.5 9.4 9.3 9.9 8.2 7.2 5.5 4.1 2.9 3.5 4.8 8.4 5.5 4.3 3.8 1.0 -0.6 23.9 18.2 2011
2011 9.7 9.4 9.6 10.2 11.1 11.4 11.0 11.1 10.7 10.5 11.2 11.0 11.1 11.4 11.8 11.7 11.5 11.4 11.1 11.3 11.5 11.6 11.5 11.2 11.0 11.0 11.2 10.6 10.3 10.4 10.8 10.2 10.2 10.4 10.1 10.5 10.3 10.2 10.1 10.6 10.3 10.3 10.8 11.0 10.9 10.7 11.5 12.8 12.1 11.7 12.2 12.3 12.0 11.4 11.9 11.5 11.1 11.3 10.5 10.3 10.6 10.2 9.4 10.3 9.1 9.0 8.9 9.4 7.8 6.9 5.2 3.9 2.8 3.4 4.5 7.6 5.0 3.9 3.4 1.1 0.0 16.0 9.6 1.7 2012
2012 9.8 9.5 9.7 10.3 11.2 11.5 11.0 11.1 10.8 10.5 11.3 11.1 11.2 11.5 11.8 11.8 11.6 11.5 11.1 11.4 11.5 11.7 11.6 11.3 11.1 11.1 11.3 10.7 10.4 10.5 10.9 10.4 10.3 10.5 10.2 10.6 10.4 10.3 10.2 10.7 10.4 10.4 10.9 11.1 11.0 10.8 11.6 12.9 12.2 11.8 12.3 12.4 12.1 11.5 12.0 11.7 11.3 11.5 10.7 10.5 10.8 10.4 9.7 10.5 9.5 9.4 9.3 9.8 8.3 7.4 5.9 4.8 3.8 4.4 5.5 8.4 6.2 5.4 5.1 3.5 3.0 16.0 11.7 8.6 16.0 2013
2013 10.0 9.7 10.0 10.6 11.5 11.7 11.3 11.4 11.1 10.8 11.6 11.4 11.5 11.8 12.1 12.1 11.9 11.8 11.5 11.7 11.9 12.0 11.9 11.6 11.5 11.4 11.6 11.1 10.8 10.9 11.3 10.8 10.7 10.9 10.6 11.1 10.9 10.8 10.7 11.2 10.9 10.9 11.4 11.6 11.5 11.4 12.2 13.4 12.8 12.4 12.9 13.0 12.7 12.2 12.7 12.4 12.0 12.2 11.5 11.3 11.7 11.3 10.7 11.5 10.5 10.5 10.4 11.0 9.6 8.9 7.6 6.6 5.8 6.5 7.7 10.7 8.8 8.4 8.5 7.5 7.8 19.7 17.3 16.9 25.4 35.5 2014
2014 10.1 9.8 10.0 10.6 11.5 11.7 11.3 11.4 11.1 10.8 11.6 11.4 11.5 11.8 12.1 12.1 11.9 11.8 11.5 11.7 11.9 12.0 11.9 11.6 11.5 11.4 11.6 11.1 10.8 10.9 11.3 10.8 10.8 10.9 10.7 11.1 10.9 10.8 10.7 11.2 10.9 10.9 11.4 11.6 11.5 11.4 12.2 13.4 12.8 12.4 12.8 13.0 12.7 12.2 12.6 12.4 12.0 12.2 11.6 11.3 11.7 11.4 10.7 11.5 10.6 10.5 10.5 11.0 9.8 9.1 7.8 6.9 6.2 6.8 8.1 10.8 9.1 8.7 8.9 8.1 8.4 18.3 16.2 15.6 20.7 23.1 11.8 2015
2015 9.9 9.6 9.9 10.4 11.3 11.6 11.2 11.3 10.9 10.7 11.4 11.2 11.3 11.6 11.9 11.9 11.7 11.6 11.3 11.5 11.7 11.8 11.7 11.4 11.3 11.2 11.4 10.9 10.6 10.7 11.1 10.6 10.5 10.7 10.4 10.8 10.6 10.5 10.5 10.9 10.7 10.6 11.1 11.3 11.2 11.1 11.8 13.0 12.4 12.0 12.4 12.6 12.3 11.8 12.2 11.9 11.6 11.7 11.1 10.9 11.2 10.9 10.2 11.0 10.1 10.0 10.0 10.4 9.2 8.5 7.3 6.4 5.7 6.3 7.4 9.8 8.2 7.8 7.9 7.0 7.2 15.3 13.1 12.1 14.9 14.5 5.2 -1.0 2016
2016 10.0 9.7 9.9 10.5 11.4 11.6 11.2 11.3 10.9 10.7 11.4 11.2 11.4 11.6 12.0 11.9 11.7 11.6 11.3 11.6 11.7 11.8 11.7 11.5 11.3 11.3 11.5 10.9 10.7 10.7 11.1 10.6 10.6 10.8 10.5 10.9 10.7 10.6 10.6 11.0 10.7 10.7 11.2 11.4 11.3 11.1 11.9 13.1 12.5 12.1 12.5 12.6 12.3 11.8 12.3 12.0 11.6 11.8 11.2 11.0 11.3 11.0 10.4 11.1 10.2 10.2 10.1 10.6 9.4 8.8 7.6 6.8 6.2 6.8 7.8 10.1 8.7 8.3 8.4 7.7 7.9 15.2 13.2 12.4 14.7 14.4 8.1 6.3 14.1 2017
2017 10.1 9.8 10.1 10.6 11.5 11.7 11.3 11.4 11.1 10.9 11.6 11.4 11.5 11.8 12.1 12.0 11.9 11.8 11.5 11.7 11.8 12.0 11.9 11.6 11.5 11.4 11.6 11.1 10.9 10.9 11.3 10.8 10.8 11.0 10.7 11.1 10.9 10.8 10.8 11.2 10.9 10.9 11.4 11.6 11.5 11.4 12.1 13.3 12.7 12.3 12.7 12.8 12.6 12.1 12.5 12.3 11.9 12.1 11.5 11.3 11.6 11.3 10.8 11.5 10.7 10.6 10.6 11.1 10.0 9.4 8.3 7.6 7.0 7.6 8.6 10.9 9.6 9.3 9.5 8.9 9.2 15.9 14.3 13.7 15.9 15.8 11.4 11.2 17.9 21.9 2018
2018 9.9 9.6 9.9 10.4 11.3 11.5 11.1 11.2 10.9 10.6 11.3 11.1 11.2 11.5 11.8 11.8 11.6 11.5 11.2 11.5 11.6 11.7 11.6 11.3 11.2 11.2 11.3 10.8 10.6 10.6 11.0 10.5 10.5 10.6 10.4 10.8 10.6 10.5 10.4 10.8 10.6 10.6 11.0 11.2 11.1 11.0 11.7 12.8 12.2 11.8 12.2 12.3 12.0 11.6 12.0 11.7 11.4 11.5 10.9 10.7 11.0 10.7 10.1 10.8 10.0 9.9 9.9 10.3 9.2 8.6 7.6 6.8 6.3 6.8 7.7 9.7 8.4 8.1 8.2 7.6 7.8 13.5 11.8 11.1 12.5 11.9 7.7 6.7 9.4 7.1 -5.9
1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
1928
1928
1929
24.6
13.2
1929
2.8 1930
Dimensional US Large Cap Value Index
1930 -5.5 -17.7 -34.1 1931 1928–2018: Total Returns (%)
1931 -24.3 -35.9 -49.4 -61.1 1932
1932 -21.8 -30.4 -38.8 -41.1 -10.7 1933
1933 -9.1 -14.6 -18.5 -12.6 31.1 92.5 1934
1934 -9.0 -13.7 -16.6 -11.6 16.2 32.6 -8.7 1935 Growth of $1
$100,000
1935 -3.8 -7.3 -8.9 -2.8 22.3 35.8 14.0 42.4 1936
1936 1.0 -1.6 -2.2 4.4 27.2 39.0 24.7 45.7 49.1 1937
$10,000
1937 -3.6 -6.3 -7.4 -2.8 13.3 18.8 5.3 10.4 -2.8 -36.6 1938 $13,442
1938 -1.8 -4.1 -4.8 -0.4 14.0 18.7 7.7 12.3 3.8 -13.4 18.1 1939
1939 -2.1 -4.2 -4.8 -0.9 11.4 15.0 5.5 8.6 1.5 -10.7 6.0 -4.9 1940 $1,000
1940 -2.3 -4.3 -4.9 -1.3 9.4 12.2 3.9 6.2 0.1 -9.4 2.1 -5.1 -5.4 1941
1941 -2.1 -3.9 -4.4 -1.1 8.5 10.9 3.5 5.4 0.3 -7.4 1.8 -3.1 -2.3 1.0 1942 $100
1942 -0.6 -2.2 -2.6 0.6 9.7 12.0 5.4 7.3 3.1 -3.0 5.5 2.6 5.2 11.0 22.0 1943
1943 1.1 -0.3 -0.5 2.7 11.3 13.6 7.7 9.7 6.2 1.2 9.4 7.7 11.2 17.3 26.4 31.0 1944 $10
1944 2.6 1.3 1.3 4.4 12.6 14.8 9.6 11.6 8.6 4.4 12.1 11.1 14.6 20.3 27.5 30.4 29.7 1945
1945 4.5 3.4 3.4 6.6 14.5 16.7 12.0 14.1 11.6 8.0 15.5 15.1 18.8 24.3 31.0 34.1 35.7 41.9 1946 $1
1946 3.9 2.8 2.8 5.7 13.0 14.9 10.4 12.2 9.8 6.5 12.8 12.2 14.8 18.6 22.5 22.6 19.9 15.3 -6.3 1947
1947 4.0 3.0 3.1 5.8 12.6 14.4 10.2 11.8 9.6 6.6 12.2 11.6 13.9 16.9 19.8 19.4 16.6 12.5 0.2 7.2 1948 $0
1948 3.9 3.0 3.0 5.6 11.9 13.5 9.6 11.0 8.9 6.1 11.2 10.6 12.4 14.9 17.0 16.2 13.4 9.7 0.7 4.3 1.5 1949 1928 2018
1950 6.0 5.2 5.3 7.8 13.8 15.3 11.9 13.3 11.6 9.3 14.0 13.6 15.5 17.8 19.9 19.6 18.0 16.2 11.6 16.7 20.0 30.4 47.2 1951
1951 6.5 5.8 5.9 8.3 14.0 15.5 12.3 13.6 12.0 9.9 14.3 14.1 15.8 17.9 19.8 19.5 18.2 16.6 12.9 17.2 19.8 26.6 32.5 19.2 1952
1952 6.8 6.1 6.3 8.6 14.1 15.5 12.4 13.7 12.2 10.3 14.4 14.1 15.7 17.7 19.3 19.1 17.8 16.4 13.2 16.8 18.8 23.6 26.4 17.1 15.1 1953
1953 6.3 5.7 5.8 8.0 13.1 14.4 11.4 12.6 11.2 9.3 13.0 12.7 14.1 15.7 17.1 16.6 15.3 13.8 10.7 13.3 14.4 17.1 17.5 9.0 4.3 -5.5 1954
1954 8.0 7.4 7.6 9.9 14.9 16.3 13.5 14.7 13.4 11.7 15.5 15.4 16.8 18.6 20.1 19.9 19.0 18.0 15.6 18.6 20.4 23.8 25.6 20.7 21.2 24.3 63.5 1955
1955 8.6 8.0 8.2 10.4 15.3 16.6 13.9 15.1 13.9 12.3 15.9 15.8 17.3 18.9 20.3 20.2 19.4 18.5 16.3 19.2 20.8 23.8 25.2 21.2 21.7 24.1 42.1 23.5 1956
1956 8.5 8.0 8.2 10.2 14.9 16.2 13.6 14.8 13.6 12.1 15.5 15.3 16.6 18.2 19.4 19.2 18.4 17.5 15.5 17.9 19.2 21.6 22.5 18.8 18.7 19.6 29.4 15.1 7.2 1957
1957 7.6 7.1 7.3 9.2 13.6 14.7 12.3 13.3 12.1 10.6 13.8 13.5 14.6 15.9 17.0 16.6 15.7 14.6 12.6 14.5 15.3 16.9 17.1 13.3 12.4 11.9 16.7 4.2 -4.2 -14.4 1958
1958 8.8 8.3 8.5 10.4 14.8 15.9 13.5 14.6 13.5 12.1 15.2 15.0 16.2 17.5 18.6 18.4 17.6 16.8 15.0 17.0 17.9 19.7 20.2 17.2 16.9 17.2 22.4 13.8 10.8 12.6 48.2 1959
1959 8.8 8.3 8.5 10.4 14.6 15.7 13.4 14.4 13.4 12.0 15.0 14.8 15.9 17.1 18.1 17.9 17.1 16.3 14.7 16.5 17.3 18.8 19.2 16.4 16.1 16.2 20.3 13.1 10.6 11.8 27.8 10.2 1960
1960 8.5 8.1 8.2 10.0 14.1 15.1 12.9 13.8 12.8 11.5 14.3 14.1 15.1 16.2 17.1 16.8 16.0 15.2 13.6 15.2 15.8 17.1 17.3 14.6 14.1 14.0 17.1 10.8 8.4 8.7 17.7 4.9 -0.2 1961
1961 9.0 8.6 8.7 10.5 14.4 15.4 13.3 14.2 13.3 12.0 14.7 14.6 15.5 16.6 17.5 17.3 16.5 15.8 14.3 15.9 16.5 17.7 17.9 15.6 15.2 15.2 18.1 12.8 11.1 11.9 19.6 11.4 12.0 25.6 1962
1962 8.6 8.1 8.3 10.0 13.8 14.7 12.7 13.5 12.6 11.3 13.9 13.7 14.6 15.6 16.3 16.1 15.3 14.6 13.1 14.5 15.0 16.0 16.0 13.8 13.3 13.1 15.4 10.5 8.7 9.0 14.4 7.2 6.2 9.6 -4.4 1963
1963 9.0 8.6 8.8 10.4 14.1 15.0 13.0 13.9 13.0 11.8 14.3 14.1 15.0 16.0 16.7 16.5 15.8 15.1 13.8 15.1 15.6 16.6 16.7 14.6 14.2 14.1 16.3 12.0 10.6 11.1 16.1 10.5 10.6 14.5 9.2 24.8 1964
1964 9.3 8.9 9.0 10.7 14.2 15.1 13.2 14.0 13.2 12.1 14.5 14.3 15.2 16.1 16.8 16.6 15.9 15.3 14.0 15.3 15.8 16.7 16.8 14.9 14.6 14.5 16.6 12.7 11.5 12.1 16.5 11.9 12.2 15.6 12.4 21.9 19.1 1965
1965 9.5 9.1 9.3 10.9 14.3 15.2 13.4 14.2 13.3 12.3 14.6 14.4 15.2 16.2 16.8 16.6 16.0 15.4 14.2 15.4 15.9 16.8 16.9 15.1 14.8 14.8 16.6 13.1 12.1 12.7 16.6 12.7 13.1 16.0 13.7 20.5 18.3 17.5 1966
1966 9.1 8.7 8.8 10.4 13.7 14.5 12.7 13.5 12.6 11.6 13.8 13.6 14.4 15.2 15.8 15.6 15.0 14.3 13.2 14.2 14.6 15.4 15.4 13.6 13.3 13.2 14.7 11.4 10.4 10.7 13.9 10.2 10.2 12.0 9.5 13.3 9.7 5.3 -5.7 1967
1967 9.4 9.1 9.2 10.7 14.0 14.8 13.1 13.8 13.0 12.0 14.1 14.0 14.7 15.6 16.2 15.9 15.4 14.8 13.7 14.7 15.1 15.9 15.9 14.3 14.0 13.9 15.4 12.4 11.5 11.9 14.9 11.7 11.9 13.8 11.9 15.5 13.3 11.4 8.4 24.7 1968
1968 9.7 9.4 9.6 11.0 14.2 15.0 13.3 14.0 13.3 12.3 14.4 14.3 15.0 15.8 16.4 16.2 15.6 15.1 14.0 15.1 15.5 16.2 16.2 14.7 14.5 14.4 15.9 13.1 12.3 12.7 15.6 12.8 13.1 14.8 13.4 16.6 15.1 14.1 12.9 23.6 22.5 1969
1969 9.0 8.6 8.8 10.2 13.2 14.0 12.3 13.0 12.2 11.2 13.2 13.1 13.7 14.4 15.0 14.7 14.1 13.5 12.5 13.4 13.7 14.3 14.2 12.7 12.4 12.2 13.4 10.7 9.8 10.0 12.3 9.5 9.5 10.6 8.9 10.9 8.7 6.8 4.2 7.8 0.2 -18.0 1970
1970 9.0 8.7 8.8 10.2 13.2 13.9 12.3 12.9 12.2 11.2 13.1 13.0 13.6 14.3 14.8 14.6 14.0 13.4 12.4 13.3 13.5 14.1 14.1 12.6 12.3 12.1 13.2 10.7 9.9 10.1 12.2 9.6 9.6 10.6 9.1 10.9 9.0 7.4 5.5 8.5 3.6 -4.7 10.8 1971
1971 9.0 8.7 8.8 10.2 13.1 13.8 12.2 12.8 12.1 11.2 13.0 12.9 13.5 14.2 14.6 14.4 13.8 13.3 12.3 13.1 13.4 13.9 13.8 12.5 12.1 12.0 13.0 10.6 9.8 10.0 12.0 9.6 9.6 10.5 9.1 10.7 9.1 7.7 6.2 8.7 5.0 -0.2 10.1 9.4 1972
1972 9.2 8.9 9.0 10.3 13.2 13.8 12.3 12.9 12.2 11.4 13.2 13.0 13.6 14.3 14.7 14.5 13.9 13.4 12.5 13.3 13.5 14.1 14.0 12.7 12.4 12.2 13.3 11.0 10.3 10.5 12.4 10.2 10.2 11.1 9.8 11.4 10.0 8.9 7.7 10.1 7.4 3.9 12.5 13.3 17.4 1973
1973 8.8 8.4 8.6 9.8 12.6 13.2 11.7 12.3 11.6 10.8 12.5 12.3 12.9 13.5 13.9 13.6 13.1 12.6 11.6 12.4 12.6 13.0 12.9 11.6 11.3 11.1 12.0 9.8 9.1 9.2 10.9 8.8 8.7 9.4 8.2 9.4 7.9 6.8 5.5 7.2 4.5 1.3 6.8 5.5 3.5 -8.7 1974
1974 8.1 7.8 7.9 9.1 11.8 12.4 10.9 11.5 10.8 9.9 11.5 11.4 11.9 12.4 12.8 12.5 12.0 11.4 10.5 11.1 11.3 11.7 11.5 10.2 9.9 9.6 10.4 8.3 7.5 7.5 9.0 6.9 6.7 7.2 5.9 6.8 5.3 4.0 2.6 3.7 1.0 -2.1 1.4 -0.8 -4.1 -13.3 -17.6 1975
1975 8.9 8.5 8.7 9.9 12.5 13.1 11.7 12.3 11.6 10.8 12.4 12.2 12.8 13.3 13.7 13.5 13.0 12.5 11.6 12.3 12.5 12.9 12.8 11.6 11.3 11.1 11.9 9.9 9.3 9.4 10.9 9.0 9.0 9.6 8.5 9.6 8.4 7.5 6.6 8.0 6.1 3.9 8.1 7.6 7.1 3.9 10.9 49.2 1976
1976 9.5 9.2 9.3 10.5 13.1 13.8 12.4 12.9 12.3 11.5 13.1 13.0 13.5 14.1 14.5 14.3 13.8 13.3 12.5 13.2 13.4 13.9 13.8 12.7 12.4 12.3 13.2 11.3 10.8 10.9 12.5 10.8 10.8 11.5 10.6 11.8 10.8 10.2 9.5 11.2 9.8 8.3 12.7 13.0 13.7 12.8 21.1 46.8 44.4 1977
1977 9.3 9.0 9.1 10.3 12.9 13.4 12.1 12.6 12.0 11.2 12.8 12.7 13.2 13.7 14.1 13.9 13.4 12.9 12.1 12.8 13.0 13.4 13.3 12.2 12.0 11.8 12.6 10.8 10.3 10.4 11.8 10.2 10.2 10.8 10.0 11.0 10.1 9.4 8.8 10.2 8.8 7.4 11.1 11.1 11.4 10.3 15.6 29.4 20.5 0.5 1978
1978 9.3 9.0 9.1 10.3 12.7 13.3 12.0 12.5 11.9 11.1 12.7 12.5 13.0 13.5 13.9 13.7 13.2 12.8 12.0 12.6 12.8 13.2 13.1 12.1 11.8 11.7 12.4 10.7 10.2 10.3 11.6 10.1 10.1 10.7 9.8 10.8 9.9 9.3 8.7 10.0 8.7 7.4 10.7 10.7 10.9 9.8 14.0 23.6 16.1 4.1 7.8 1979
1979 9.6 9.3 9.4 10.6 13.0 13.6 12.3 12.8 12.2 11.4 13.0 12.8 13.3 13.8 14.2 14.0 13.6 13.1 12.4 13.0 13.2 13.6 13.5 12.5 12.3 12.2 12.9 11.2 10.8 10.9 12.2 10.8 10.8 11.4 10.7 11.6 10.8 10.3 9.8 11.1 10.0 9.0 12.1 12.3 12.6 11.9 15.8 24.0 18.4 10.8 16.3 25.5 1980
1980 9.8 9.5 9.6 10.7 13.1 13.7 12.4 12.9 12.4 11.6 13.1 13.0 13.5 14.0 14.3 14.2 13.7 13.3 12.6 13.2 13.4 13.8 13.7 12.7 12.5 12.4 13.2 11.6 11.1 11.3 12.6 11.2 11.2 11.8 11.1 12.1 11.4 10.9 10.5 11.7 10.8 9.9 12.8 13.0 13.4 12.9 16.4 23.3 18.7 13.1 17.6 22.8 20.2 1981
1981 9.7 9.5 9.6 10.7 13.1 13.6 12.4 12.9 12.3 11.6 13.0 12.9 13.4 13.9 14.2 14.0 13.6 13.2 12.5 13.1 13.3 13.6 13.6 12.6 12.4 12.3 13.0 11.5 11.0 11.2 12.4 11.1 11.1 11.7 11.0 11.9 11.2 10.8 10.4 11.5 10.7 9.8 12.5 12.7 13.0 12.5 15.5 21.2 17.1 12.2 15.4 18.1 14.5 9.0 1982
1982 9.9 9.7 9.8 10.9 13.2 13.7 12.5 13.0 12.4 11.8 13.2 13.1 13.5 14.0 14.3 14.2 13.8 13.4 12.7 13.3 13.4 13.8 13.8 12.8 12.6 12.6 13.2 11.8 11.4 11.5 12.7 11.4 11.5 12.0 11.4 12.3 11.7 11.3 10.9 12.0 11.3 10.5 13.1 13.2 13.6 13.2 16.0 21.0 17.5 13.5 16.3 18.5 16.3 14.4 19.9 1983
1983 10.3 10.0 10.2 11.3 13.5 14.1 12.9 13.4 12.8 12.2 13.6 13.5 13.9 14.4 14.7 14.6 14.2 13.8 13.2 13.7 13.9 14.3 14.3 13.4 13.2 13.2 13.8 12.4 12.0 12.2 13.4 12.2 12.3 12.9 12.3 13.2 12.6 12.3 12.0 13.2 12.5 11.8 14.3 14.6 15.1 14.8 17.5 22.2 19.2 16.0 18.8 21.2 20.1 20.1 26.0 32.4 1984
1984 10.3 10.1 10.2 11.3 13.5 14.0 12.9 13.4 12.8 12.2 13.5 13.5 13.9 14.4 14.7 14.5 14.2 13.8 13.2 13.7 13.9 14.3 14.2 13.4 13.2 13.2 13.8 12.4 12.1 12.3 13.4 12.2 12.3 12.9 12.4 13.2 12.7 12.3 12.1 13.2 12.5 11.9 14.3 14.5 14.9 14.7 17.1 21.3 18.5 15.7 18.0 19.8 18.7 18.3 21.6 22.4 13.2 1985
1985 10.7 10.4 10.6 11.6 13.8 14.3 13.2 13.7 13.2 12.5 13.9 13.8 14.2 14.7 15.1 14.9 14.5 14.2 13.6 14.1 14.3 14.7 14.7 13.9 13.7 13.7 14.3 13.0 12.7 12.9 14.0 12.9 13.0 13.5 13.1 13.9 13.4 13.2 12.9 14.0 13.5 12.9 15.2 15.5 16.0 15.9 18.2 22.1 19.7 17.3 19.5 21.3 20.6 20.7 23.8 25.2 21.7 30.9 1986
1986 10.8 10.6 10.7 11.7 13.9 14.4 13.3 13.8 13.3 12.7 14.0 13.9 14.3 14.8 15.1 15.0 14.6 14.3 13.7 14.3 14.4 14.8 14.8 14.0 13.9 13.8 14.5 13.2 12.9 13.1 14.2 13.1 13.2 13.8 13.3 14.1 13.7 13.4 13.2 14.3 13.8 13.3 15.5 15.8 16.2 16.1 18.3 21.9 19.7 17.4 19.5 21.1 20.4 20.5 22.9 23.6 20.9 24.9 19.2 1987
1987 10.7 10.5 10.6 11.6 13.7 14.3 13.2 13.6 13.1 12.5 13.8 13.7 14.1 14.6 14.9 14.8 14.4 14.1 13.5 14.0 14.2 14.5 14.5 13.7 13.6 13.6 14.2 12.9 12.6 12.8 13.8 12.8 12.9 13.4 13.0 13.7 13.3 13.0 12.8 13.8 13.3 12.8 14.9 15.1 15.5 15.3 17.3 20.5 18.4 16.3 18.0 19.2 18.4 18.1 19.7 19.7 16.7 17.9 11.9 5.0 1988
1988 11.0 10.8 10.9 11.9 14.0 14.5 13.4 13.9 13.4 12.8 14.1 14.0 14.4 14.9 15.2 15.0 14.7 14.4 13.8 14.4 14.5 14.9 14.9 14.1 14.0 14.0 14.6 13.4 13.1 13.3 14.3 13.3 13.4 13.9 13.5 14.3 13.9 13.7 13.5 14.5 14.0 13.6 15.5 15.8 16.2 16.1 18.0 21.1 19.1 17.2 18.9 20.1 19.5 19.4 21.0 21.1 19.0 20.5 17.2 16.3 28.7 1989
1989 11.3 11.1 11.2 12.2 14.3 14.8 13.7 14.2 13.7 13.1 14.4 14.3 14.7 15.2 15.5 15.4 15.0 14.7 14.2 14.7 14.9 15.2 15.2 14.5 14.4 14.4 15.0 13.8 13.6 13.8 14.8 13.8 14.0 14.5 14.1 14.9 14.5 14.3 14.2 15.1 14.7 14.3 16.3 16.6 17.0 16.9 18.8 21.7 19.9 18.2 19.9 21.0 20.6 20.6 22.1 22.5 20.9 22.5 20.5 20.9 29.7 30.8 1990
1990 10.8 10.6 10.7 11.7 13.7 14.2 13.1 13.5 13.1 12.5 13.7 13.6 14.0 14.5 14.8 14.6 14.3 14.0 13.4 13.9 14.1 14.4 14.4 13.6 13.5 13.5 14.0 12.9 12.6 12.8 13.7 12.8 12.9 13.3 12.9 13.6 13.2 13.0 12.8 13.6 13.2 12.8 14.5 14.7 15.0 14.8 16.4 18.9 17.2 15.4 16.7 17.4 16.7 16.4 17.2 16.9 14.8 15.1 12.2 10.5 12.4 5.0 -15.7 1991
1991 11.1 10.9 11.0 12.0 14.0 14.4 13.4 13.8 13.4 12.8 14.0 14.0 14.4 14.8 15.1 14.9 14.6 14.3 13.8 14.3 14.5 14.8 14.8 14.1 13.9 13.9 14.5 13.4 13.1 13.3 14.2 13.3 13.4 13.9 13.5 14.2 13.8 13.6 13.5 14.3 13.9 13.6 15.3 15.5 15.8 15.7 17.2 19.7 18.0 16.5 17.7 18.5 17.9 17.7 18.6 18.5 16.9 17.4 15.3 14.5 17.0 13.4 5.6 32.3 1992
1992 11.2 11.0 11.1 12.1 14.0 14.5 13.5 13.9 13.5 12.9 14.1 14.0 14.4 14.8 15.1 15.0 14.7 14.4 13.9 14.4 14.5 14.8 14.8 14.1 14.0 14.0 14.5 13.5 13.2 13.4 14.3 13.4 13.5 14.0 13.6 14.3 13.9 13.8 13.6 14.4 14.0 13.7 15.3 15.5 15.8 15.8 17.2 19.5 18.0 16.5 17.7 18.4 17.9 17.7 18.5 18.4 16.9 17.4 15.6 15.0 17.1 14.3 9.3 24.5 17.2 1993
1993 11.3 11.1 11.3 12.2 14.1 14.6 13.6 14.0 13.6 13.1 14.2 14.2 14.6 15.0 15.3 15.1 14.8 14.5 14.0 14.5 14.7 15.0 15.0 14.3 14.2 14.2 14.7 13.7 13.4 13.6 14.5 13.7 13.8 14.2 13.9 14.5 14.2 14.0 13.9 14.7 14.3 14.0 15.6 15.8 16.1 16.1 17.5 19.7 18.2 16.8 17.9 18.7 18.2 18.0 18.8 18.7 17.4 17.9 16.4 16.0 17.9 15.8 12.4 23.7 19.6 22.0 1994
1994 11.2 11.0 11.1 12.1 13.9 14.4 13.4 13.8 13.4 12.9 14.0 13.9 14.3 14.7 15.0 14.9 14.6 14.3 13.8 14.2 14.4 14.7 14.7 14.0 13.9 13.9 14.4 13.4 13.1 13.3 14.2 13.3 13.4 13.9 13.5 14.1 13.8 13.6 13.5 14.3 13.9 13.6 15.1 15.2 15.5 15.4 16.7 18.7 17.3 16.0 17.0 17.6 17.1 16.8 17.5 17.3 16.0 16.3 14.7 14.2 15.6 13.5 10.3 18.0 13.6 11.8 2.5 1995
1995 11.6 11.4 11.5 12.4 14.3 14.8 13.8 14.2 13.8 13.3 14.4 14.4 14.8 15.2 15.4 15.3 15.0 14.8 14.3 14.7 14.9 15.2 15.2 14.6 14.5 14.5 15.0 14.0 13.8 13.9 14.8 14.0 14.1 14.6 14.2 14.9 14.6 14.4 14.3 15.1 14.8 14.5 16.0 16.2 16.5 16.4 17.7 19.7 18.4 17.2 18.2 18.8 18.4 18.3 19.0 18.9 17.9 18.3 17.1 16.9 18.5 17.1 14.9 22.3 19.9 20.8 20.2 41.0 1996
1996 11.8 11.6 11.8 12.7 14.5 15.0 14.0 14.4 14.0 13.5 14.6 14.6 15.0 15.4 15.6 15.5 15.2 15.0 14.5 15.0 15.1 15.4 15.4 14.8 14.7 14.7 15.2 14.3 14.1 14.3 15.1 14.3 14.5 14.9 14.6 15.2 14.9 14.8 14.7 15.5 15.2 14.9 16.4 16.6 16.9 16.8 18.1 20.1 18.8 17.7 18.6 19.3 18.9 18.8 19.5 19.5 18.6 19.0 18.0 17.9 19.4 18.3 16.6 23.1 21.3 22.4 22.5 33.9 27.1 1997
1997 12.1 12.0 12.1 13.0 14.8 15.3 14.4 14.8 14.4 13.9 15.0 14.9 15.3 15.7 16.0 15.9 15.6 15.4 14.9 15.4 15.6 15.9 15.9 15.3 15.2 15.2 15.7 14.8 14.6 14.8 15.6 14.9 15.0 15.5 15.2 15.8 15.6 15.5 15.4 16.1 15.9 15.6 17.1 17.3 17.6 17.6 18.9 20.8 19.6 18.6 19.6 20.2 19.9 19.9 20.6 20.7 19.9 20.4 19.6 19.6 21.2 20.4 19.1 25.2 24.0 25.4 26.3 35.4 32.6 38.4 1998
1998 12.1 11.9 12.1 12.9 14.7 15.2 14.3 14.7 14.3 13.8 14.9 14.8 15.2 15.6 15.9 15.8 15.5 15.3 14.8 15.3 15.4 15.7 15.7 15.1 15.1 15.1 15.6 14.6 14.4 14.6 15.4 14.7 14.8 15.3 15.0 15.6 15.3 15.2 15.2 15.9 15.6 15.4 16.8 17.0 17.3 17.3 18.4 20.2 19.1 18.1 19.0 19.6 19.3 19.2 19.9 19.9 19.1 19.5 18.7 18.6 19.9 19.1 17.9 22.9 21.6 22.4 22.4 28.0 23.9 22.4 8.3 1999
1999 12.0 11.9 12.0 12.9 14.6 15.1 14.2 14.6 14.2 13.7 14.8 14.7 15.1 15.5 15.7 15.6 15.4 15.1 14.7 15.1 15.3 15.6 15.6 15.0 14.9 14.9 15.4 14.5 14.3 14.5 15.3 14.6 14.7 15.1 14.8 15.4 15.1 15.0 15.0 15.7 15.4 15.2 16.5 16.7 16.9 16.9 18.0 19.7 18.7 17.6 18.5 19.0 18.7 18.6 19.2 19.2 18.4 18.7 17.9 17.8 18.9 18.1 16.9 21.2 19.9 20.3 20.0 23.8 19.9 17.5 8.3 8.4 2000
2000 12.0 11.9 12.0 12.9 14.6 15.0 14.2 14.5 14.2 13.7 14.7 14.7 15.0 15.4 15.7 15.6 15.3 15.1 14.6 15.1 15.2 15.5 15.5 14.9 14.9 14.9 15.3 14.5 14.3 14.4 15.2 14.5 14.6 15.0 14.8 15.3 15.1 15.0 14.9 15.6 15.3 15.1 16.3 16.5 16.8 16.8 17.8 19.5 18.4 17.4 18.2 18.7 18.4 18.3 18.8 18.8 18.0 18.3 17.5 17.4 18.4 17.6 16.5 20.3 19.1 19.3 18.9 21.9 18.4 16.3 9.8 10.5 12.7 2001
2001 11.9 11.7 11.9 12.7 14.4 14.9 14.0 14.4 14.0 13.5 14.6 14.5 14.8 15.2 15.5 15.3 15.1 14.9 14.4 14.8 15.0 15.3 15.2 14.7 14.6 14.6 15.1 14.2 14.0 14.2 14.9 14.2 14.3 14.7 14.5 15.0 14.7 14.6 14.5 15.2 14.9 14.7 15.9 16.1 16.3 16.3 17.3 18.8 17.8 16.8 17.6 18.0 17.7 17.5 18.0 17.9 17.1 17.4 16.6 16.4 17.3 16.4 15.3 18.6 17.3 17.3 16.8 19.0 15.6 13.5 8.0 7.9 7.7 2.8 2002
2002 11.5 11.4 11.5 12.3 14.0 14.4 13.5 13.9 13.5 13.1 14.1 14.0 14.3 14.7 14.9 14.8 14.6 14.3 13.9 14.3 14.4 14.7 14.7 14.1 14.0 14.0 14.4 13.6 13.4 13.5 14.2 13.5 13.6 14.0 13.7 14.2 13.9 13.8 13.7 14.3 14.0 13.8 14.9 15.0 15.2 15.2 16.1 17.5 16.5 15.5 16.2 16.5 16.2 16.0 16.3 16.1 15.3 15.5 14.6 14.3 15.0 14.1 12.9 15.7 14.2 14.0 13.1 14.5 11.1 8.7 3.5 2.4 0.5 -5.1 -12.5 2003
2003 11.9 11.7 11.8 12.6 14.3 14.7 13.9 14.2 13.9 13.4 14.4 14.3 14.7 15.0 15.3 15.2 14.9 14.7 14.3 14.7 14.8 15.0 15.0 14.5 14.4 14.4 14.8 14.0 13.8 14.0 14.7 14.0 14.1 14.5 14.2 14.7 14.5 14.4 14.3 14.9 14.6 14.4 15.5 15.7 15.9 15.8 16.7 18.2 17.2 16.3 16.9 17.3 17.0 16.8 17.2 17.1 16.4 16.5 15.8 15.6 16.3 15.5 14.5 17.2 16.0 15.9 15.3 16.9 14.1 12.4 8.6 8.6 8.7 7.4 9.7 37.6 2004
2004 11.9 11.8 11.9 12.7 14.4 14.8 13.9 14.3 13.9 13.5 14.5 14.4 14.7 15.1 15.3 15.2 15.0 14.8 14.3 14.7 14.9 15.1 15.1 14.6 14.5 14.5 14.9 14.1 13.9 14.1 14.8 14.1 14.2 14.6 14.3 14.8 14.6 14.5 14.4 15.0 14.7 14.5 15.6 15.8 16.0 15.9 16.8 18.2 17.3 16.4 17.0 17.4 17.1 17.0 17.3 17.2 16.5 16.7 16.0 15.8 16.5 15.7 14.8 17.4 16.3 16.2 15.7 17.1 14.7 13.3 10.1 10.4 10.8 10.3 12.9 28.2 19.4 2005
2005 11.9 11.8 11.9 12.7 14.3 14.7 13.9 14.2 13.9 13.4 14.4 14.3 14.7 15.0 15.2 15.1 14.9 14.7 14.3 14.6 14.8 15.0 15.0 14.5 14.4 14.4 14.8 14.0 13.9 14.0 14.7 14.1 14.1 14.5 14.2 14.7 14.5 14.4 14.3 14.9 14.6 14.4 15.5 15.6 15.8 15.7 16.6 17.9 17.0 16.1 16.8 17.1 16.8 16.7 17.0 16.9 16.2 16.3 15.7 15.5 16.1 15.4 14.5 16.8 15.8 15.7 15.2 16.4 14.2 12.9 10.0 10.3 10.6 10.2 12.1 21.7 14.5 9.7 2006
2006 12.0 11.9 12.0 12.8 14.4 14.8 14.0 14.3 14.0 13.6 14.5 14.5 14.8 15.1 15.3 15.2 15.0 14.8 14.4 14.8 14.9 15.1 15.1 14.6 14.6 14.5 15.0 14.2 14.0 14.2 14.8 14.2 14.3 14.6 14.4 14.9 14.7 14.6 14.5 15.0 14.8 14.6 15.6 15.8 16.0 15.9 16.8 18.0 17.2 16.3 16.9 17.3 17.0 16.9 17.2 17.1 16.4 16.6 16.0 15.8 16.4 15.7 14.9 17.2 16.2 16.2 15.7 16.9 14.9 13.8 11.3 11.7 12.2 12.1 14.0 21.8 17.0 15.8 22.2 2007
2007 11.8 11.6 11.7 12.5 14.1 14.5 13.7 14.0 13.6 13.2 14.1 14.1 14.4 14.7 14.9 14.8 14.6 14.4 14.0 14.3 14.5 14.7 14.7 14.2 14.1 14.1 14.5 13.7 13.5 13.7 14.3 13.7 13.8 14.1 13.9 14.3 14.1 14.0 13.9 14.4 14.2 13.9 14.9 15.1 15.2 15.1 15.9 17.1 16.3 15.5 16.0 16.3 16.0 15.8 16.1 15.9 15.3 15.4 14.7 14.5 15.0 14.3 13.5 15.5 14.5 14.3 13.8 14.7 12.8 11.5 9.2 9.3 9.4 8.9 9.9 15.1 10.0 7.1 5.8 -8.4 2008
2008 10.8 10.7 10.8 11.5 13.1 13.4 12.6 12.9 12.6 12.1 13.0 13.0 13.2 13.5 13.7 13.6 13.4 13.1 12.7 13.1 13.2 13.4 13.3 12.8 12.7 12.7 13.0 12.3 12.1 12.2 12.8 12.1 12.2 12.5 12.2 12.6 12.3 12.2 12.0 12.5 12.2 12.0 12.9 12.9 13.0 12.9 13.6 14.7 13.8 12.9 13.3 13.5 13.1 12.9 13.0 12.8 12.1 12.0 11.3 10.9 11.2 10.4 9.4 11.0 9.9 9.4 8.6 9.1 7.0 5.4 2.9 2.3 1.7 0.4 0.1 2.3 -3.6 -8.6 -14.0 -27.8 -43.1 2009
2009 11.0 10.9 11.0 11.7 13.2 13.6 12.8 13.1 12.8 12.3 13.2 13.2 13.5 13.8 14.0 13.8 13.6 13.4 13.0 13.3 13.4 13.6 13.6 13.1 13.0 12.9 13.3 12.5 12.4 12.5 13.0 12.4 12.5 12.8 12.5 12.9 12.7 12.5 12.4 12.9 12.6 12.4 13.3 13.3 13.4 13.3 14.0 15.1 14.2 13.4 13.8 14.0 13.6 13.4 13.6 13.4 12.7 12.7 12.0 11.7 12.0 11.2 10.3 11.9 10.9 10.5 9.8 10.3 8.4 7.1 4.8 4.5 4.1 3.2 3.3 5.8 1.2 -2.1 -4.8 -12.4 -14.4 28.9 2010
2010 11.1 11.0 11.1 11.8 13.3 13.7 12.9 13.2 12.9 12.5 13.3 13.3 13.5 13.8 14.0 13.9 13.7 13.5 13.1 13.4 13.5 13.7 13.7 13.2 13.1 13.1 13.4 12.7 12.5 12.6 13.2 12.6 12.6 12.9 12.7 13.1 12.8 12.7 12.6 13.0 12.8 12.6 13.4 13.5 13.6 13.5 14.2 15.2 14.4 13.6 14.0 14.2 13.9 13.6 13.8 13.6 13.0 13.0 12.3 12.0 12.3 11.6 10.8 12.3 11.3 11.0 10.4 10.9 9.2 8.0 6.0 5.8 5.5 4.8 5.1 7.5 3.8 1.4 -0.2 -5.2 -4.1 24.6 20.4 2011
2011 11.0 10.8 10.9 11.6 13.1 13.5 12.7 13.0 12.7 12.2 13.1 13.0 13.3 13.6 13.8 13.7 13.4 13.2 12.8 13.1 13.2 13.4 13.4 12.9 12.8 12.8 13.1 12.4 12.2 12.3 12.9 12.3 12.3 12.6 12.3 12.7 12.5 12.3 12.2 12.7 12.4 12.2 13.0 13.1 13.2 13.1 13.7 14.7 13.8 13.1 13.5 13.6 13.3 13.1 13.2 13.0 12.4 12.3 11.7 11.4 11.6 11.0 10.1 11.5 10.6 10.3 9.6 10.1 8.4 7.2 5.3 5.1 4.8 4.1 4.2 6.3 2.9 0.7 -0.7 -4.7 -3.8 14.7 8.2 -2.8 2012
2012 11.1 10.9 11.0 11.7 13.2 13.5 12.8 13.1 12.7 12.3 13.2 13.1 13.4 13.7 13.9 13.8 13.5 13.3 12.9 13.2 13.3 13.5 13.5 13.0 12.9 12.9 13.2 12.5 12.3 12.4 13.0 12.4 12.5 12.7 12.5 12.9 12.6 12.5 12.4 12.8 12.6 12.3 13.2 13.2 13.3 13.2 13.9 14.8 14.0 13.3 13.7 13.8 13.5 13.3 13.4 13.2 12.6 12.6 12.0 11.7 12.0 11.3 10.6 11.9 11.0 10.7 10.2 10.6 9.0 8.0 6.2 6.1 5.9 5.4 5.6 7.6 4.7 3.0 2.1 -0.9 0.6 16.1 12.1 8.1 20.2 2013
2013 11.4 11.2 11.3 12.0 13.5 13.8 13.1 13.4 13.1 12.6 13.5 13.4 13.7 14.0 14.2 14.1 13.9 13.6 13.3 13.6 13.7 13.9 13.9 13.4 13.3 13.3 13.6 12.9 12.8 12.9 13.4 12.9 12.9 13.2 12.9 13.3 13.1 13.0 12.9 13.3 13.1 12.9 13.7 13.8 13.9 13.8 14.4 15.4 14.6 13.9 14.3 14.5 14.2 14.0 14.2 14.0 13.4 13.4 12.8 12.6 12.9 12.3 11.6 13.0 12.2 12.0 11.5 12.0 10.5 9.6 8.0 8.0 8.0 7.7 8.1 10.2 7.7 6.5 6.1 4.0 6.2 20.4 18.3 17.6 29.4 39.3 2014
2014 11.3 11.2 11.3 12.0 13.4 13.8 13.0 13.3 13.0 12.6 13.4 13.4 13.6 13.9 14.1 14.0 13.8 13.6 13.2 13.5 13.6 13.8 13.8 13.3 13.2 13.2 13.5 12.9 12.7 12.8 13.3 12.8 12.8 13.1 12.9 13.2 13.0 12.9 12.8 13.2 13.0 12.8 13.6 13.7 13.8 13.7 14.3 15.2 14.5 13.8 14.1 14.3 14.0 13.8 14.0 13.8 13.3 13.3 12.7 12.5 12.8 12.2 11.5 12.8 12.0 11.8 11.3 11.8 10.4 9.6 8.1 8.1 8.0 7.7 8.1 10.0 7.8 6.7 6.4 4.5 6.5 18.3 16.3 15.3 22.0 22.9 8.5 2015
2015 11.1 11.0 11.1 11.8 13.2 13.5 12.8 13.1 12.8 12.4 13.2 13.1 13.4 13.6 13.8 13.7 13.5 13.3 12.9 13.2 13.3 13.5 13.5 13.0 12.9 12.9 13.2 12.5 12.4 12.5 13.0 12.4 12.5 12.7 12.5 12.9 12.6 12.5 12.4 12.8 12.6 12.4 13.2 13.2 13.3 13.2 13.8 14.7 13.9 13.2 13.6 13.8 13.4 13.3 13.4 13.2 12.6 12.6 12.1 11.8 12.1 11.5 10.8 12.0 11.3 11.0 10.5 10.9 9.6 8.8 7.3 7.3 7.2 6.8 7.1 8.8 6.7 5.6 5.2 3.5 5.1 14.7 12.5 10.9 14.7 12.9 1.6 -4.9 2016
2016 11.3 11.1 11.2 11.9 13.3 13.6 12.9 13.2 12.9 12.5 13.3 13.3 13.5 13.8 14.0 13.9 13.6 13.4 13.1 13.4 13.5 13.7 13.6 13.2 13.1 13.1 13.4 12.7 12.5 12.6 13.2 12.6 12.7 12.9 12.7 13.1 12.8 12.7 12.6 13.0 12.8 12.6 13.4 13.4 13.5 13.4 14.0 14.9 14.2 13.5 13.9 14.0 13.7 13.6 13.7 13.5 13.0 13.0 12.4 12.2 12.5 11.9 11.3 12.5 11.8 11.5 11.1 11.5 10.3 9.5 8.1 8.1 8.1 7.8 8.2 9.8 8.0 7.0 6.8 5.4 7.0 15.8 14.1 13.1 16.5 15.6 8.7 8.8 24.4 2017
2017 11.3 11.2 11.3 12.0 13.3 13.7 13.0 13.2 12.9 12.5 13.3 13.3 13.5 13.8 14.0 13.9 13.7 13.5 13.1 13.4 13.5 13.7 13.7 13.2 13.1 13.1 13.4 12.8 12.6 12.7 13.2 12.7 12.7 13.0 12.8 13.1 12.9 12.8 12.7 13.1 12.9 12.7 13.4 13.5 13.6 13.5 14.1 14.9 14.2 13.6 13.9 14.1 13.8 13.6 13.7 13.6 13.1 13.1 12.5 12.3 12.6 12.1 11.5 12.6 11.9 11.7 11.3 11.7 10.5 9.8 8.5 8.5 8.5 8.3 8.7 10.2 8.5 7.7 7.5 6.3 7.9 15.9 14.3 13.5 16.5 15.7 10.5 11.1 20.1 16.0 2018
2018 11.0 10.9 11.0 11.6 13.0 13.3 12.6 12.9 12.6 12.2 13.0 12.9 13.1 13.4 13.6 13.5 13.3 13.0 12.7 13.0 13.1 13.2 13.2 12.8 12.7 12.6 12.9 12.3 12.1 12.2 12.7 12.2 12.2 12.5 12.2 12.6 12.3 12.2 12.1 12.5 12.3 12.1 12.8 12.8 12.9 12.8 13.3 14.2 13.5 12.8 13.1 13.3 13.0 12.8 12.9 12.7 12.2 12.2 11.6 11.4 11.6 11.1 10.5 11.5 10.8 10.6 10.2 10.5 9.3 8.6 7.3 7.3 7.2 6.9 7.2 8.5 6.8 6.0 5.7 4.4 5.7 12.5 10.8 9.6 11.5 10.1 5.1 4.2 7.4 -0.1 -14.0
1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Dimensional US Large Cap Growth Index Dimensional US Large Cap High Profitability Index
$100,000 $100,000
$10,000 $10,000
$1,000 $1,000 $257

$159
$100 $100
$10 $10
$1 $1
$0 $0
1975 2018 1975 2018
1975 1975
1975 34.7 1976 1975 45.2 1976
1976 24.9 15.8 1977 1976 35.7 26.7 1977
1977 13.4 4.0 -6.6 1978 1977 21.0 10.4 -3.8 1978
1978 12.2 5.5 0.7 8.6 1979 1978 17.9 9.9 2.4 8.9 1979
1979 13.4 8.6 6.4 13.5 18.6 1980 1979 18.6 12.8 8.5 15.1 21.7 1980
1980 17.0 13.7 13.2 20.7 27.2 36.4 1981 1980 21.4 17.2 14.9 21.9 28.9 36.5 1981
1981 13.1 9.9 8.7 12.9 14.4 12.4 -7.4 1982 1981 16.7 12.5 9.9 13.5 15.1 12.0 -8.1 1982
1982 14.8 12.3 11.7 15.7 17.6 17.3 8.7 27.6 1983 1982 17.6 14.1 12.1 15.6 17.4 16.0 6.9 24.3 1983
1983 15.2 13.0 12.6 16.2 17.8 17.5 11.9 22.9 18.4 1984 1983 18.1 15.1 13.6 16.7 18.4 17.5 11.8 23.4 22.4 1984
1984 13.8 11.7 11.2 14.1 15.0 14.3 9.3 15.5 9.9 2.1 1985 1984 16.8 14.1 12.6 15.1 16.2 15.1 10.3 17.2 13.8 5.9 1985
1985 15.8 14.1 13.9 16.7 17.9 17.8 14.4 20.6 18.4 18.3 37.2 1986 1985 18.4 16.0 14.9 17.5 18.8 18.3 14.9 21.5 20.6 19.8 35.5 1986
1986 15.7 14.1 13.9 16.5 17.5 17.3 14.4 19.4 17.4 17.1 25.4 14.6 1987 1986 18.2 16.0 15.0 17.3 18.4 17.9 15.0 20.3 19.4 18.4 25.2 15.6 1987
1987 14.6 13.1 12.9 15.0 15.8 15.4 12.7 16.5 14.3 13.3 17.4 8.5 2.8 1988 1987 16.9 14.8 13.7 15.7 16.4 15.8 13.1 17.1 15.7 14.1 16.9 8.6 2.0 1988
1988 14.8 13.4 13.2 15.2 15.8 15.5 13.2 16.4 14.7 13.9 17.1 11.1 9.4 16.4 1989 1988 17.2 15.3 14.4 16.2 17.0 16.5 14.2 17.8 16.7 15.6 18.2 13.0 11.7 22.2 1989
1989 15.8 14.6 14.5 16.5 17.2 17.0 15.1 18.2 17.0 16.7 19.9 15.9 16.4 23.8 31.6 1990 1989 18.0 16.2 15.5 17.2 18.0 17.6 15.7 19.1 18.4 17.7 20.2 16.7 17.1 25.4 28.7 1990
1990 14.7 13.5 13.3 15.0 15.6 15.3 13.4 16.0 14.6 14.0 16.2 12.3 11.8 15.0 14.2 -0.8 1991 1990 16.4 14.7 13.9 15.3 15.9 15.4 13.5 16.2 15.2 14.2 15.6 12.0 11.1 14.3 10.6 -4.9 1991
1991 16.5 15.4 15.4 17.2 17.9 17.8 16.2 18.9 18.0 17.9 20.4 17.8 18.5 22.7 24.9 21.7 49.3 1992 1991 18.0 16.5 15.8 17.4 18.1 17.8 16.2 19.0 18.4 17.9 19.7 17.3 17.6 21.9 21.8 18.4 47.5 1992
1992 15.9 14.8 14.8 16.4 16.9 16.8 15.3 17.6 16.7 16.5 18.4 16.0 16.2 19.1 19.8 16.1 25.6 5.6 1993 1992 17.5 16.0 15.4 16.8 17.4 17.0 15.6 18.0 17.4 16.8 18.3 16.0 16.1 19.1 18.3 15.1 26.6 8.7 1993
1993 15.0 13.9 13.8 15.3 15.7 15.5 14.0 16.0 15.0 14.7 16.2 13.8 13.7 15.6 15.5 11.8 16.3 2.7 -0.2 1994 1993 16.6 15.2 14.5 15.8 16.2 15.9 14.4 16.5 15.8 15.2 16.3 14.1 13.9 16.0 14.8 11.5 17.6 5.0 1.5 1994
1994 14.3 13.3 13.2 14.5 14.9 14.6 13.2 15.0 14.0 13.6 14.8 12.6 12.3 13.7 13.3 9.9 12.8 2.7 1.3 2.9 1995 1994 15.8 14.4 13.8 14.9 15.3 14.9 13.5 15.3 14.6 13.9 14.8 12.7 12.3 13.9 12.5 9.6 13.5 4.0 1.8 2.0 1995
1995 15.4 14.5 14.4 15.7 16.2 16.0 14.8 16.6 15.7 15.5 16.8 15.0 15.0 16.6 16.7 14.3 17.6 10.8 12.6 19.7 39.2 1996 1995 17.0 15.7 15.2 16.3 16.8 16.5 15.3 17.2 16.6 16.2 17.1 15.4 15.4 17.2 16.5 14.6 19.0 12.8 14.1 21.1 43.7 1996
1996 15.9 15.1 15.0 16.3 16.8 16.6 15.5 17.2 16.5 16.4 17.7 16.0 16.2 17.8 17.9 16.1 19.2 13.9 16.1 22.1 33.0 27.1 1997 1996 17.5 16.3 15.8 16.9 17.4 17.1 16.0 17.8 17.4 17.0 18.0 16.5 16.6 18.3 17.9 16.4 20.4 15.6 17.4 23.3 35.5 27.7 1997
1997 16.5 15.7 15.7 17.0 17.4 17.3 16.3 18.0 17.4 17.3 18.6 17.1 17.4 18.9 19.2 17.7 20.7 16.4 18.7 24.0 32.0 28.5 29.9 1998 1997 18.1 17.0 16.6 17.7 18.2 18.0 17.0 18.8 18.4 18.2 19.2 17.9 18.1 19.8 19.6 18.5 22.3 18.5 20.6 25.9 35.0 30.9 34.2 1998
1998 17.2 16.5 16.5 17.8 18.3 18.2 17.3 19.0 18.4 18.4 19.7 18.4 18.8 20.3 20.7 19.6 22.4 19.0 21.4 26.2 32.8 30.8 32.7 35.5 1999 1998 18.7 17.7 17.3 18.4 18.9 18.8 17.9 19.6 19.3 19.1 20.1 19.0 19.3 21.0 20.9 20.1 23.6 20.5 22.6 27.4 34.6 31.7 33.8 33.4 1999
1999 17.4 16.7 16.7 17.9 18.4 18.4 17.5 19.1 18.6 18.6 19.8 18.6 18.9 20.4 20.7 19.7 22.2 19.2 21.3 25.3 30.3 28.2 28.6 27.9 20.8 2000 1999 18.7 17.7 17.3 18.4 18.8 18.7 17.8 19.4 19.2 19.0 19.9 18.9 19.1 20.6 20.5 19.7 22.8 20.0 21.8 25.5 30.8 27.8 27.8 24.8 16.7 2000
2000 16.0 15.3 15.3 16.4 16.8 16.7 15.8 17.1 16.6 16.5 17.4 16.2 16.3 17.4 17.5 16.3 18.2 15.2 16.4 19.0 21.9 18.8 16.8 12.7 2.7 -12.6 2001 2000 17.8 16.8 16.4 17.4 17.7 17.6 16.7 18.2 17.8 17.6 18.3 17.3 17.4 18.7 18.4 17.5 20.0 17.3 18.4 21.0 24.5 21.0 19.4 14.9 6.6 -2.7 2001
2001 14.8 14.1 14.0 15.0 15.3 15.1 14.2 15.4 14.8 14.6 15.4 14.1 14.1 15.0 14.8 13.5 14.9 12.0 12.7 14.4 16.2 12.7 10.1 5.6 -2.8 -12.8 -13.0 2002 2001 16.8 15.8 15.4 16.2 16.6 16.3 15.5 16.8 16.4 16.1 16.7 15.6 15.6 16.7 16.3 15.3 17.3 14.7 15.3 17.2 19.6 15.9 13.7 9.1 2.1 -4.6 -6.5 2002
2002 13.3 12.6 12.4 13.3 13.5 13.3 12.3 13.3 12.7 12.4 13.0 11.7 11.5 12.1 11.8 10.4 11.4 8.5 8.8 9.8 10.7 7.2 4.2 -0.4 -7.7 -15.7 -17.1 -21.0 2003 2002 15.2 14.2 13.8 14.6 14.8 14.5 13.6 14.8 14.3 13.9 14.3 13.2 13.1 13.8 13.3 12.2 13.7 11.0 11.3 12.4 13.8 10.1 7.4 2.7 -3.8 -9.8 -13.2 -19.4 2003
2003 13.6 12.9 12.8 13.6 13.8 13.6 12.7 13.7 13.1 12.9 13.5 12.3 12.1 12.7 12.5 11.2 12.2 9.6 10.0 11.0 12.0 9.0 6.6 3.1 -2.3 -7.4 -5.6 -1.6 22.5 2004 2003 15.5 14.6 14.2 14.9 15.2 14.9 14.0 15.2 14.7 14.4 14.8 13.8 13.7 14.4 13.9 13.0 14.5 12.1 12.4 13.5 14.9 11.7 9.6 6.0 1.2 -2.3 -2.2 0.0 24.1 2004
2004 13.5 12.8 12.7 13.5 13.7 13.5 12.6 13.6 13.0 12.7 13.3 12.1 12.0 12.6 12.3 11.1 12.1 9.6 9.9 10.9 11.8 9.1 7.0 4.1 -0.4 -4.2 -1.9 2.1 16.0 9.9 2005 2004 15.4 14.5 14.0 14.8 15.0 14.7 13.9 15.0 14.6 14.2 14.6 13.6 13.5 14.2 13.7 12.8 14.2 12.0 12.3 13.3 14.5 11.6 9.8 6.7 2.8 0.2 0.9 3.5 17.3 10.8 2005
2005 13.2 12.5 12.4 13.1 13.3 13.1 12.3 13.2 12.6 12.3 12.8 11.7 11.6 12.1 11.8 10.7 11.5 9.2 9.5 10.4 11.1 8.6 6.7 4.1 0.2 -2.8 -0.7 2.6 12.0 7.0 4.3 2006 2005 15.0 14.1 13.7 14.4 14.6 14.3 13.5 14.5 14.1 13.7 14.1 13.2 13.0 13.7 13.2 12.3 13.5 11.4 11.7 12.5 13.6 10.9 9.2 6.4 3.0 0.9 1.6 3.8 12.9 7.7 4.7 2006
2006 13.2 12.5 12.4 13.1 13.3 13.1 12.3 13.2 12.6 12.4 12.8 11.8 11.7 12.1 11.9 10.9 11.6 9.5 9.8 10.6 11.2 9.0 7.3 5.1 1.8 -0.7 1.5 4.6 12.3 9.1 8.6 13.2 2007 2006 15.0 14.2 13.8 14.4 14.6 14.4 13.6 14.6 14.2 13.8 14.2 13.3 13.2 13.8 13.3 12.5 13.7 11.7 11.9 12.8 13.7 11.3 9.8 7.4 4.5 2.9 3.8 6.0 13.5 10.2 9.9 15.5 2007
2007 13.1 12.5 12.4 13.1 13.2 13.1 12.3 13.1 12.6 12.3 12.8 11.8 11.7 12.1 11.9 10.9 11.6 9.6 9.9 10.7 11.3 9.2 7.7 5.7 2.9 0.8 2.9 5.8 12.2 9.7 9.7 12.5 11.9 2008 2007 14.9 14.1 13.7 14.3 14.5 14.3 13.5 14.5 14.1 13.7 14.1 13.2 13.1 13.7 13.3 12.5 13.6 11.7 11.9 12.7 13.6 11.4 10.0 7.9 5.3 4.0 5.0 7.0 13.3 10.7 10.7 13.8 12.1 2008
2008 11.5 10.9 10.7 11.3 11.4 11.2 10.4 11.1 10.5 10.2 10.6 9.5 9.3 9.6 9.3 8.2 8.7 6.7 6.8 7.3 7.6 5.5 3.9 1.8 -1.1 -3.3 -2.0 -0.3 3.6 0.2 -2.1 -4.1 -11.8 -30.4 2009 2008 13.2 12.3 11.9 12.5 12.6 12.3 11.5 12.3 11.9 11.5 11.7 10.8 10.6 11.0 10.5 9.6 10.4 8.6 8.6 9.1 9.6 7.3 5.8 3.5 0.9 -0.7 -0.5 0.4 4.2 0.6 -1.8 -3.9 -12.3 -31.4 2009
2009 11.9 11.3 11.2 11.8 11.9 11.7 10.9 11.6 11.1 10.8 11.2 10.2 10.0 10.3 10.1 9.1 9.6 7.8 7.9 8.4 8.8 6.9 5.5 3.7 1.2 -0.6 0.8 2.7 6.6 4.2 3.1 2.8 -0.4 -6.0 26.9 2010 2009 13.6 12.8 12.4 13.0 13.1 12.8 12.1 12.9 12.5 12.1 12.4 11.5 11.3 11.8 11.3 10.5 11.4 9.6 9.7 10.2 10.8 8.8 7.4 5.5 3.2 2.0 2.5 3.7 7.5 4.9 3.8 3.6 -0.1 -5.7 29.6 2010
2010 12.0 11.5 11.3 11.9 12.0 11.8 11.1 11.8 11.3 11.0 11.4 10.4 10.3 10.6 10.3 9.4 10.0 8.2 8.4 8.9 9.3 7.5 6.2 4.6 2.4 0.8 2.3 4.2 7.8 5.9 5.2 5.4 3.6 1.0 21.6 16.5 2011 2010 13.8 13.0 12.6 13.1 13.3 13.0 12.3 13.1 12.7 12.3 12.6 11.8 11.6 12.1 11.6 10.9 11.7 10.1 10.2 10.7 11.3 9.4 8.2 6.4 4.4 3.4 4.0 5.2 8.8 6.8 6.1 6.4 4.2 1.7 23.9 18.4 2011
2011 11.9 11.4 11.2 11.8 11.9 11.7 11.0 11.6 11.1 10.9 11.2 10.3 10.2 10.5 10.2 9.3 9.9 8.2 8.3 8.8 9.2 7.5 6.3 4.8 2.8 1.4 2.8 4.5 7.8 6.1 5.6 5.8 4.4 2.6 16.8 12.0 7.6 2012 2011 13.6 12.8 12.4 12.9 13.1 12.8 12.1 12.9 12.5 12.1 12.4 11.6 11.4 11.8 11.4 10.7 11.5 9.9 10.0 10.5 11.0 9.2 8.1 6.4 4.6 3.6 4.2 5.4 8.6 6.8 6.2 6.5 4.7 3.0 17.9 12.4 6.8 2012
2012 12.0 11.4 11.3 11.9 12.0 11.8 11.1 11.7 11.3 11.0 11.4 10.5 10.3 10.6 10.4 9.6 10.1 8.5 8.6 9.1 9.5 7.9 6.8 5.5 3.6 2.4 3.7 5.4 8.5 7.0 6.7 7.0 6.0 4.9 16.3 12.9 11.2 14.8 2013 2012 13.6 12.8 12.4 12.9 13.1 12.8 12.1 12.9 12.5 12.2 12.4 11.6 11.5 11.9 11.5 10.8 11.5 10.1 10.1 10.6 11.1 9.4 8.4 6.9 5.2 4.3 5.0 6.1 9.0 7.5 7.0 7.4 6.1 4.9 16.7 12.7 9.9 13.1 2013
2013 12.5 12.0 11.9 12.4 12.6 12.4 11.7 12.4 11.9 11.7 12.1 11.3 11.1 11.5 11.3 10.5 11.0 9.5 9.7 10.2 10.6 9.2 8.3 7.0 5.4 4.4 5.8 7.5 10.6 9.5 9.4 10.1 9.6 9.3 19.6 17.8 18.3 24.0 33.9 2014 2013 14.0 13.3 12.9 13.4 13.6 13.3 12.7 13.4 13.1 12.8 13.0 12.3 12.2 12.6 12.2 11.6 12.4 11.0 11.1 11.6 12.2 10.6 9.7 8.3 6.8 6.1 6.9 8.0 11.0 9.7 9.6 10.3 9.5 9.1 19.7 17.3 17.0 22.5 32.6 2014
2014 12.6 12.0 12.0 12.5 12.6 12.4 11.8 12.4 12.0 11.8 12.1 11.4 11.3 11.6 11.4 10.7 11.2 9.7 9.9 10.4 10.8 9.5 8.6 7.5 5.9 5.0 6.4 8.1 10.9 9.9 9.9 10.6 10.2 10.0 18.8 17.2 17.3 20.8 23.9 14.6 2015 2014 14.0 13.3 13.0 13.5 13.6 13.4 12.8 13.5 13.1 12.9 13.1 12.4 12.3 12.7 12.3 11.7 12.5 11.2 11.3 11.8 12.3 10.8 9.9 8.7 7.3 6.7 7.4 8.5 11.3 10.2 10.1 10.7 10.1 9.8 18.8 16.8 16.4 19.7 23.2 14.5 2015
2015 12.3 11.8 11.7 12.2 12.3 12.2 11.5 12.2 11.7 11.5 11.8 11.1 11.0 11.3 11.1 10.4 10.8 9.5 9.6 10.1 10.5 9.2 8.3 7.2 5.8 4.9 6.2 7.7 10.3 9.3 9.3 9.8 9.4 9.1 16.4 14.7 14.3 16.1 16.5 8.7 3.0 2016 2015 13.6 12.9 12.5 13.0 13.1 12.9 12.3 12.9 12.6 12.3 12.5 11.8 11.7 12.1 11.7 11.1 11.8 10.5 10.6 11.0 11.5 10.1 9.2 8.0 6.7 6.1 6.7 7.7 10.1 9.0 8.8 9.3 8.6 8.2 15.4 13.2 12.2 13.6 13.8 5.4 -2.9 2016
2016 12.3 11.8 11.7 12.2 12.3 12.1 11.5 12.1 11.7 11.5 11.8 11.0 10.9 11.2 11.0 10.3 10.8 9.5 9.6 10.1 10.4 9.2 8.4 7.4 6.0 5.2 6.4 7.8 10.3 9.4 9.3 9.8 9.5 9.2 15.6 14.0 13.6 14.8 14.8 9.1 6.5 10.0 2017 2016 13.6 12.9 12.6 13.0 13.1 12.9 12.3 13.0 12.7 12.4 12.6 11.9 11.8 12.1 11.8 11.2 11.9 10.7 10.8 11.2 11.6 10.3 9.5 8.3 7.1 6.5 7.1 8.1 10.4 9.4 9.3 9.7 9.1 8.8 15.3 13.3 12.5 13.7 13.9 8.2 5.2 14.1 2017
2017 12.6 12.1 12.0 12.5 12.6 12.5 11.9 12.5 12.1 11.9 12.2 11.5 11.4 11.7 11.5 10.9 11.3 10.1 10.3 10.7 11.1 10.0 9.2 8.3 7.0 6.3 7.5 8.9 11.3 10.5 10.6 11.1 10.9 10.8 16.7 15.5 15.4 16.7 17.1 13.3 12.8 18.0 26.7 2018 2017 13.9 13.2 12.9 13.3 13.5 13.3 12.7 13.3 13.0 12.8 13.0 12.3 12.2 12.6 12.3 11.7 12.4 11.2 11.3 11.8 12.2 11.0 10.2 9.1 8.0 7.5 8.1 9.1 11.4 10.5 10.5 11.0 10.6 10.4 16.4 14.9 14.4 15.7 16.2 12.5 11.8 20.0 26.1 2018
2018 12.2 11.7 11.6 12.1 12.2 12.1 11.5 12.0 11.6 11.4 11.7 11.0 10.9 11.2 11.0 10.4 10.8 9.6 9.7 10.2 10.5 9.4 8.6 7.7 6.5 5.8 6.9 8.2 10.4 9.6 9.6 10.0 9.7 9.5 14.6 13.3 12.9 13.7 13.6 9.9 8.7 10.7 11.0 -2.7 2018 13.4 12.8 12.5 12.9 13.0 12.8 12.2 12.8 12.5 12.3 12.5 11.8 11.7 12.0 11.7 11.2 11.8 10.6 10.7 11.1 11.5 10.3 9.6 8.5 7.4 6.9 7.5 8.4 10.4 9.5 9.4 9.8 9.3 9.1 14.3 12.7 12.0 12.8 12.7 9.1 7.8 11.6 10.4 -3.4
1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Russell 2000 Index Russell 2000 Value Index
$100,000 $100,000
$10,000 $10,000
$1,000 $1,000
$67 $108
$100 $100
$10 $10
$1 $1
$0 $0
1979 2018 1979 2018
1979 1979
1979 43.1 1980 1979 35.4 1980
1980 40.8 38.6 1981 1980 30.3 25.4 1981
1981 26.5 18.9 2.0 1982 1981 24.9 20.0 14.9 1982
1982 26.1 20.9 12.9 24.9 1983 1982 25.8 22.8 21.5 28.5 1983
1983 26.7 22.9 18.1 27.0 29.1 1984 1983 28.3 26.6 27.0 33.5 38.6 1984
1984 20.3 16.2 11.1 14.4 9.4 -7.3 1985 1984 23.5 21.3 20.3 22.1 19.1 2.3 1985
1985 21.7 18.5 14.9 18.3 16.2 10.2 31.0 1986 1985 24.6 22.9 22.4 24.3 22.9 15.8 31.0 1986
1986 19.6 16.6 13.3 15.7 13.5 8.7 17.7 5.7 1987 1986 22.3 20.5 19.7 20.7 18.8 12.9 18.6 7.4 1987
1987 16.1 13.1 9.8 11.2 8.6 4.0 8.1 -1.8 -8.8 1988 1987 18.6 16.7 15.5 15.6 13.1 7.5 9.3 -0.1 -7.1 1988
1988 16.9 14.3 11.6 13.1 11.2 7.9 12.1 6.4 6.8 25.0 1989 1988 19.6 18.0 17.1 17.5 15.7 11.6 14.1 8.9 9.7 29.5 1989
1989 16.9 14.5 12.1 13.5 11.9 9.3 12.9 8.8 9.9 20.6 16.3 1990 1989 19.0 17.4 16.6 16.8 15.2 11.7 13.7 9.8 10.6 20.6 12.4 1990
1990 13.3 10.9 8.5 9.2 7.4 4.6 6.7 2.4 1.6 5.4 -3.2 -19.5 1991 1990 14.9 13.2 12.0 11.7 9.8 6.2 6.9 2.6 1.4 4.4 -6.2 -21.8 1991
1991 15.5 13.5 11.4 12.4 11.1 9.1 11.6 8.7 9.3 14.3 11.0 8.4 46.0 1992 1991 16.8 15.3 14.5 14.4 12.9 10.1 11.2 8.3 8.4 12.7 7.6 5.3 41.7 1992
1992 15.7 13.9 12.0 13.0 11.8 10.1 12.4 10.0 10.8 15.1 12.8 11.7 31.5 18.4 1993 1992 17.6 16.3 15.6 15.7 14.5 12.1 13.3 11.0 11.6 15.8 12.6 12.7 35.3 29.1 1993
1993 15.9 14.2 12.5 13.4 12.5 10.9 13.1 11.1 11.9 15.8 14.0 13.4 27.2 18.6 18.9 1994 1993 18.0 16.8 16.2 16.3 15.3 13.2 14.5 12.5 13.3 17.1 14.8 15.4 31.3 26.4 23.8 1994
1994 14.7 13.1 11.4 12.2 11.2 9.7 11.6 9.6 10.1 13.1 11.2 10.2 19.2 11.4 8.0 -1.8 1995 1994 16.7 15.5 14.8 14.8 13.8 11.8 12.7 10.9 11.3 14.2 11.9 11.8 22.2 16.3 10.4 -1.5 1995
1995 15.5 14.0 12.5 13.3 12.4 11.1 13.0 11.3 12.0 14.9 13.5 13.1 21.0 15.4 14.5 12.3 28.5 1996 1995 17.2 16.1 15.5 15.6 14.7 12.9 13.9 12.3 12.8 15.6 13.8 14.0 22.9 18.6 15.3 11.3 25.7 1996
1996 15.6 14.1 12.7 13.5 12.7 11.5 13.3 11.8 12.4 15.1 13.9 13.5 20.2 15.6 15.0 13.7 22.3 16.5 1997 1996 17.4 16.4 15.9 16.0 15.1 13.5 14.5 13.1 13.7 16.2 14.7 15.0 22.6 19.2 16.8 14.5 23.5 21.4 1997
1997 15.9 14.6 13.3 14.0 13.3 12.3 14.0 12.6 13.3 15.8 14.8 14.6 20.5 16.7 16.4 15.8 22.3 19.4 22.4 1998 1997 18.1 17.2 16.8 16.9 16.2 14.7 15.7 14.5 15.2 17.7 16.5 17.0 23.9 21.2 19.6 18.6 26.2 26.5 31.8 1998
1998 14.9 13.6 12.3 13.0 12.3 11.2 12.7 11.4 11.9 14.0 12.9 12.6 17.4 13.8 13.0 11.9 15.6 11.6 9.2 -2.5 1999 1998 16.8 15.9 15.3 15.4 14.6 13.2 14.0 12.8 13.2 15.3 13.9 14.1 19.6 16.8 14.8 13.1 17.1 14.4 11.0 -6.5 1999
1999 15.2 14.0 12.8 13.4 12.8 11.8 13.2 12.1 12.6 14.6 13.7 13.4 17.8 14.7 14.1 13.4 16.7 13.9 13.1 8.7 21.3 2000 1999 15.8 14.9 14.4 14.4 13.6 12.2 12.9 11.7 12.0 13.8 12.4 12.5 17.1 14.3 12.3 10.5 13.1 10.2 6.7 -4.0 -1.5 2000
2000 14.3 13.1 11.9 12.5 11.8 10.9 12.1 11.0 11.4 13.1 12.2 11.8 15.5 12.6 11.8 10.9 13.1 10.3 8.8 4.6 8.4 -3.0 2001 2000 16.1 15.3 14.8 14.8 14.1 12.8 13.5 12.4 12.8 14.4 13.3 13.4 17.6 15.2 13.6 12.2 14.7 12.6 10.5 4.2 10.0 22.8 2001
2001 13.8 12.6 11.5 12.0 11.3 10.4 11.6 10.4 10.8 12.3 11.4 11.0 14.3 11.5 10.8 9.8 11.6 9.0 7.5 4.1 6.4 -0.3 2.5 2002 2001 16.0 15.2 14.8 14.8 14.1 12.8 13.5 12.5 12.8 14.4 13.3 13.4 17.3 15.1 13.7 12.4 14.6 12.8 11.2 6.6 11.3 18.3 14.0 2002
2002 12.1 10.9 9.8 10.2 9.5 8.5 9.5 8.3 8.5 9.8 8.7 8.2 10.9 8.1 7.2 5.9 6.9 4.2 2.2 -1.4 -1.1 -7.5 -9.7 -20.5 2003 2002 14.7 13.9 13.4 13.4 12.6 11.4 12.0 10.9 11.1 12.5 11.4 11.3 14.6 12.4 10.9 9.5 11.0 9.0 7.1 2.7 5.1 7.4 0.5 -11.4 2003
2003 13.3 12.2 11.2 11.6 11.0 10.2 11.2 10.2 10.5 11.8 11.0 10.6 13.3 11.0 10.3 9.5 10.8 8.8 7.7 5.5 7.1 3.9 6.3 8.2 47.3 2004 2003 15.9 15.1 14.7 14.7 14.0 12.9 13.5 12.6 12.9 14.3 13.4 13.5 16.7 14.9 13.7 12.7 14.4 13.1 11.9 8.9 12.3 16.0 13.8 13.7 46.0 2004
2004 13.5 12.5 11.5 11.9 11.3 10.6 11.5 10.6 10.9 12.2 11.4 11.1 13.7 11.5 10.9 10.2 11.5 9.8 9.0 7.2 8.9 6.6 9.2 11.5 32.0 18.3 2005 2004 16.1 15.4 15.0 15.0 14.4 13.4 13.9 13.1 13.4 14.8 13.9 14.0 17.1 15.4 14.4 13.5 15.2 14.0 13.2 10.7 13.9 17.2 15.9 16.5 33.6 22.2 2005
2005 13.2 12.1 11.2 11.6 11.0 10.3 11.2 10.3 10.5 11.7 11.0 10.7 13.0 11.0 10.4 9.8 10.9 9.3 8.5 6.9 8.3 6.3 8.2 9.7 22.1 11.2 4.6 2006 2005 15.6 14.9 14.6 14.5 14.0 13.0 13.5 12.7 13.0 14.2 13.4 13.4 16.3 14.6 13.6 12.8 14.2 13.1 12.2 10.0 12.5 15.0 13.6 13.4 23.2 13.1 4.7 2006
2006 13.3 12.4 11.5 11.9 11.3 10.6 11.5 10.7 10.9 12.1 11.4 11.1 13.4 11.5 11.0 10.4 11.5 10.1 9.4 8.1 9.5 7.9 9.9 11.4 21.2 13.6 11.2 18.4 2007 2006 15.9 15.3 14.9 14.9 14.3 13.4 13.9 13.2 13.5 14.7 13.9 14.0 16.7 15.2 14.3 13.6 14.9 14.0 13.3 11.4 13.8 16.2 15.1 15.4 23.3 16.5 13.7 23.5 2007
2007 12.8 11.8 10.9 11.3 10.8 10.1 10.9 10.1 10.3 11.3 10.7 10.4 12.4 10.6 10.1 9.5 10.4 9.0 8.4 7.1 8.2 6.7 8.1 9.1 16.2 9.6 6.8 7.9 -1.6 2008 2007 14.9 14.3 13.9 13.8 13.3 12.3 12.8 12.0 12.2 13.3 12.5 12.5 14.9 13.5 12.5 11.7 12.8 11.8 11.0 9.1 10.9 12.6 11.2 10.7 15.8 9.3 5.3 5.5 -9.8 2008
2008 10.8 9.8 8.9 9.2 8.6 7.9 8.6 7.7 7.8 8.6 7.9 7.4 9.2 7.3 6.7 5.9 6.5 4.9 4.0 2.5 3.0 1.2 1.7 1.6 5.8 -0.9 -5.2 -8.3 -19.3 -33.8 2009 2008 13.1 12.4 12.0 11.9 11.3 10.3 10.6 9.8 9.9 10.8 10.0 9.8 11.9 10.4 9.3 8.4 9.1 8.0 6.9 4.9 6.1 7.0 5.2 3.9 6.8 0.3 -4.6 -7.5 -19.9 -28.9 2009
2009 11.3 10.4 9.5 9.8 9.3 8.6 9.2 8.4 8.5 9.4 8.7 8.3 10.0 8.3 7.8 7.1 7.7 6.4 5.6 4.4 5.0 3.5 4.3 4.5 8.7 3.3 0.5 -0.5 -6.1 -8.2 27.2 2010 2009 13.3 12.7 12.2 12.2 11.6 10.7 11.0 10.2 10.4 11.2 10.4 10.3 12.4 10.9 9.9 9.1 9.9 8.8 7.9 6.1 7.3 8.3 6.8 5.9 8.6 3.4 0.0 -1.2 -8.2 -7.4 20.6 2010
2010 11.8 10.9 10.0 10.3 9.8 9.2 9.9 9.1 9.2 10.1 9.5 9.2 10.8 9.2 8.7 8.2 8.8 7.6 7.0 5.9 6.7 5.4 6.3 6.8 10.8 6.4 4.5 4.5 1.3 2.2 27.0 26.9 2011 2010 13.7 13.0 12.6 12.6 12.0 11.1 11.5 10.8 10.9 11.8 11.0 11.0 12.9 11.6 10.7 10.0 10.7 9.8 9.0 7.4 8.7 9.7 8.4 7.8 10.5 6.2 3.7 3.5 -0.9 2.2 22.5 24.5 2011
2011 11.2 10.4 9.6 9.8 9.3 8.7 9.3 8.6 8.7 9.5 8.8 8.5 10.1 8.5 8.0 7.5 8.0 6.9 6.3 5.2 5.8 4.6 5.3 5.6 9.0 5.0 3.2 3.0 0.2 0.6 15.6 10.3 -4.2 2012 2011 13.0 12.4 12.0 11.9 11.4 10.5 10.8 10.1 10.2 11.0 10.3 10.2 12.0 10.7 9.8 9.0 9.7 8.8 8.0 6.5 7.5 8.3 7.1 6.4 8.6 4.6 2.3 2.0 -1.9 0.2 12.4 8.5 -5.5 2012
2012 11.4 10.5 9.8 10.0 9.6 8.9 9.6 8.8 9.0 9.7 9.1 8.8 10.3 8.9 8.4 7.9 8.5 7.4 6.9 5.9 6.5 5.5 6.2 6.6 9.7 6.2 4.8 4.8 2.7 3.6 15.8 12.2 5.6 16.3 2013 2012 13.2 12.6 12.2 12.1 11.6 10.8 11.1 10.4 10.5 11.3 10.6 10.5 12.3 11.0 10.2 9.5 10.2 9.3 8.6 7.2 8.2 9.0 7.9 7.4 9.5 6.1 4.2 4.1 1.2 3.5 13.8 11.6 5.6 18.1 2013
2013 12.1 11.3 10.5 10.8 10.4 9.8 10.5 9.8 9.9 10.7 10.2 10.0 11.5 10.1 9.7 9.3 9.9 8.9 8.5 7.7 8.4 7.6 8.4 8.9 12.1 9.1 8.1 8.5 7.2 8.7 20.1 18.4 15.7 27.1 38.8 2014 2013 13.7 13.2 12.8 12.7 12.3 11.5 11.8 11.2 11.3 12.1 11.5 11.4 13.1 12.0 11.2 10.6 11.3 10.6 10.0 8.7 9.8 10.7 9.8 9.4 11.6 8.6 7.2 7.5 5.4 8.2 17.6 16.9 14.5 26.0 34.5 2014
2014 11.9 11.1 10.4 10.6 10.2 9.7 10.3 9.6 9.8 10.5 10.0 9.7 11.2 9.9 9.5 9.1 9.6 8.7 8.3 7.5 8.2 7.4 8.2 8.6 11.5 8.7 7.8 8.1 6.9 8.2 17.4 15.5 12.9 19.2 20.7 4.9 2015 2014 13.5 12.9 12.5 12.5 12.0 11.2 11.5 10.9 11.1 11.8 11.2 11.1 12.8 11.6 10.9 10.3 10.9 10.2 9.6 8.5 9.5 10.2 9.4 9.0 10.9 8.2 6.9 7.1 5.2 7.6 15.3 14.3 11.8 18.3 18.4 4.2 2015
2015 11.4 10.6 9.9 10.2 9.7 9.2 9.8 9.1 9.2 9.9 9.4 9.2 10.5 9.2 8.8 8.4 8.9 8.0 7.6 6.8 7.4 6.6 7.3 7.6 10.2 7.5 6.6 6.8 5.6 6.5 14.0 12.0 9.2 12.8 11.7 0.1 -4.4 2016 2015 12.8 12.3 11.9 11.8 11.4 10.6 10.9 10.3 10.4 11.0 10.4 10.3 11.9 10.8 10.0 9.4 10.0 9.3 8.7 7.5 8.4 9.0 8.2 7.8 9.4 6.8 5.5 5.6 3.8 5.6 11.7 10.3 7.7 11.2 9.1 -1.8 -7.5 2016
2016 11.7 10.9 10.2 10.5 10.1 9.5 10.1 9.5 9.6 10.3 9.8 9.6 10.9 9.7 9.3 8.9 9.5 8.6 8.2 7.5 8.1 7.4 8.1 8.5 10.9 8.5 7.8 8.0 7.1 8.1 14.9 13.2 11.1 14.5 14.0 6.7 7.7 21.3 2017 2016 13.3 12.8 12.4 12.4 11.9 11.2 11.5 10.9 11.0 11.7 11.1 11.1 12.6 11.5 10.9 10.3 10.9 10.2 9.7 8.7 9.6 10.3 9.5 9.2 10.9 8.5 7.5 7.7 6.3 8.2 14.0 13.1 11.4 15.1 14.3 8.3 10.4 31.7 2017
2017 11.7 11.0 10.3 10.6 10.2 9.7 10.2 9.6 9.8 10.5 10.0 9.8 11.0 9.9 9.5 9.2 9.7 8.9 8.5 7.9 8.5 7.8 8.5 8.9 11.2 9.0 8.3 8.6 7.7 8.7 14.9 13.4 11.6 14.5 14.1 8.7 10.0 17.9 14.6 2018 2017 13.2 12.6 12.3 12.2 11.8 11.1 11.4 10.8 10.9 11.6 11.0 10.9 12.4 11.4 10.7 10.2 10.8 10.1 9.6 8.6 9.5 10.1 9.4 9.1 10.7 8.5 7.5 7.7 6.4 8.2 13.3 12.5 10.8 13.8 13.0 8.2 9.5 19.2 7.8 2018
2018 11.1 10.4 9.7 9.9 9.5 9.0 9.5 9.0 9.1 9.7 9.2 9.0 10.2 9.0 8.7 8.3 8.7 7.9 7.6 6.9 7.4 6.7 7.3 7.6 9.6 7.5 6.8 6.9 6.0 6.8 12.0 10.4 8.5 10.4 9.5 4.4 4.3 7.4 1.0 -11.0 2018 12.4 11.9 11.5 11.5 11.0 10.3 10.6 10.0 10.1 10.7 10.1 10.0 11.4 10.4 9.7 9.2 9.7 9.0 8.5 7.5 8.2 8.8 8.0 7.7 9.0 6.9 5.9 6.0 4.6 6.1 10.4 9.3 7.6 9.6 8.2 3.6 3.5 7.4 -3.1 -12.9
1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Russell 2000 Growth Index Dimensional US Small Cap Growth Index
$100,000 $100,000
$10,000 $10,000
$1,000 $1,000 $414
$100 $37 $100
$10 $10
$1 $1
$0 $0
1979 2018 1975 2018
1975
1975 64.3 1976
1976 52.6 41.8 1977
1977 41.7 31.6 22.2 1978
1979 1978 37.1 29.0 23.1 23.9 1979
1979 50.8 1980 1979 39.7 34.1 31.7 36.7 50.8 1980
1980 51.5 52.3 1981 1980 42.2 38.2 37.3 42.8 53.2 55.7 1981
1981 27.7 17.6 -9.2 1982 1981 34.5 30.1 27.9 29.4 31.3 22.5 -3.7 1982
1982 26.0 18.7 4.8 21.0 1983 1982 33.8 30.0 28.1 29.3 30.7 24.6 11.4 28.9 1983
1983 24.8 19.1 9.7 20.6 20.1 1984 1983 33.7 30.3 28.8 29.9 31.1 26.6 18.2 30.8 32.8 1984
1984 16.9 11.1 2.7 7.0 0.6 -15.8 1985 1984 28.3 24.8 22.9 23.0 22.8 17.9 9.9 14.9 8.5 -11.4 1985
1985 18.8 14.2 7.8 12.5 9.8 5.0 31.0 1986 1985 28.8 25.7 24.0 24.2 24.3 20.3 14.3 19.3 16.2 8.7 33.4 1986
1986 16.8 12.6 7.1 10.7 8.2 4.5 16.5 3.6 1987 1986 26.8 23.8 22.1 22.1 21.9 18.3 13.0 16.6 13.7 8.0 19.3 6.6 1987
1987 13.4 9.4 4.4 6.8 4.2 0.5 6.7 -3.7 -10.5 1988 1987 23.3 20.3 18.6 18.2 17.6 14.0 9.0 11.3 8.0 2.6 7.8 -3.1 -12.0 1988
1988 14.1 10.6 6.2 8.7 6.7 4.2 9.9 3.7 3.8 20.4 1989 1988 23.5 20.8 19.2 18.9 18.4 15.3 11.1 13.3 10.9 7.0 12.2 5.9 5.6 26.6 1989
1989 14.6 11.5 7.7 10.0 8.6 6.7 11.9 7.6 9.0 20.3 20.2 1990 1989 23.1 20.6 19.1 18.9 18.4 15.6 11.9 14.0 12.0 8.8 13.4 8.9 9.7 22.5 18.5 1990
1990 11.5 8.5 4.9 6.6 4.9 2.9 6.4 2.1 1.7 6.1 -0.4 -17.4 1991 1990 20.3 17.8 16.3 15.8 15.2 12.4 8.8 10.3 8.1 5.0 8.0 3.6 2.8 8.3 0.2 -15.3 1991
1991 14.2 11.5 8.4 10.4 9.2 8.0 11.9 9.0 10.1 15.9 14.5 11.7 51.2 1992 1991 21.9 19.6 18.3 18.0 17.6 15.2 12.0 13.8 12.2 9.8 13.3 10.2 11.0 17.6 14.7 12.9 50.5 1992
1992 13.7 11.2 8.4 10.1 9.1 7.9 11.3 8.8 9.7 14.2 12.8 10.4 27.6 7.8 1993 1992 21.5 19.4 18.1 17.8 17.4 15.2 12.3 13.9 12.5 10.4 13.5 10.9 11.6 17.1 14.8 13.6 31.6 15.0 1993
1993 13.7 11.4 8.7 10.4 9.5 8.5 11.6 9.4 10.2 14.1 12.9 11.1 22.7 10.5 13.4 1994 1993 21.1 19.1 17.8 17.6 17.2 15.1 12.4 13.9 12.6 10.8 13.5 11.3 12.0 16.5 14.6 13.7 25.4 14.5 13.9 1994
1994 12.6 10.4 7.9 9.4 8.4 7.4 10.1 8.0 8.5 11.6 10.2 8.3 15.9 6.0 5.2 -2.4 1995 1994 19.9 18.0 16.8 16.5 16.0 14.0 11.5 12.7 11.5 9.7 12.1 10.0 10.4 14.0 12.0 10.8 18.5 9.4 6.7 -0.1 1995
1995 13.6 11.6 9.3 10.8 10.0 9.2 11.8 10.1 10.8 13.8 12.9 11.8 18.8 11.8 13.2 13.1 31.0 1996 1995 20.4 18.5 17.4 17.1 16.8 14.9 12.6 13.9 12.8 11.3 13.6 11.8 12.4 15.8 14.4 13.7 20.6 14.1 13.8 13.8 29.6 1996
1996 13.5 11.6 9.4 10.8 10.1 9.4 11.8 10.2 10.9 13.6 12.7 11.7 17.5 11.7 12.7 12.5 20.7 11.3 1997 1996 20.4 18.6 17.5 17.3 16.9 15.2 13.1 14.3 13.3 11.9 14.1 12.5 13.1 16.3 15.1 14.6 20.5 15.3 15.4 15.8 24.7 20.1 1997
1997 13.4 11.7 9.6 10.9 10.3 9.6 11.9 10.4 11.1 13.5 12.8 11.9 16.8 11.9 12.7 12.6 18.1 12.1 12.9 1998 1997 20.5 18.8 17.8 17.6 17.2 15.6 13.6 14.8 13.9 12.6 14.7 13.3 13.9 16.9 15.9 15.6 20.8 16.5 16.8 17.5 24.0 21.4 22.7 1998
1998 12.8 11.1 9.2 10.3 9.7 9.0 11.1 9.7 10.2 12.3 11.5 10.6 14.7 10.3 10.7 10.2 13.6 8.4 6.9 1.2 1999 1998 19.4 17.8 16.8 16.5 16.2 14.6 12.6 13.7 12.8 11.6 13.4 12.0 12.5 15.0 13.9 13.4 17.6 13.5 13.3 13.2 16.8 12.8 9.3 -2.6 1999
1999 14.1 12.5 10.7 12.0 11.4 10.9 13.0 11.8 12.4 14.6 14.1 13.5 17.6 14.0 14.9 15.1 19.0 16.2 17.8 20.4 43.1 2000 1999 19.6 18.0 17.1 16.8 16.5 15.0 13.2 14.2 13.4 12.3 14.1 12.8 13.3 15.7 14.8 14.4 18.3 14.8 14.7 14.9 18.1 15.4 13.9 9.7 23.6 2000
2000 12.1 10.5 8.8 9.8 9.2 8.6 10.4 9.1 9.5 11.2 10.5 9.6 12.8 9.2 9.4 8.8 10.8 7.1 6.1 4.0 5.4 -22.4 2001 2000 18.7 17.2 16.2 16.0 15.6 14.2 12.4 13.4 12.6 11.5 13.1 11.8 12.2 14.3 13.4 12.9 16.2 12.9 12.7 12.5 14.7 12.0 10.0 6.1 10.7 -0.8 2001
2001 11.1 9.5 7.8 8.8 8.2 7.5 9.1 7.9 8.1 9.6 8.8 7.9 10.6 7.2 7.1 6.4 7.7 4.2 2.9 0.5 0.2 -16.1 -9.2 2002 2001 18.2 16.7 15.8 15.5 15.2 13.8 12.1 13.0 12.2 11.1 12.6 11.4 11.8 13.7 12.8 12.3 15.2 12.2 11.9 11.6 13.4 10.9 9.1 6.0 9.0 2.3 5.6 2002
2002 8.9 7.4 5.7 6.5 5.8 5.1 6.4 5.1 5.2 6.4 5.4 4.4 6.4 3.1 2.6 1.5 2.0 -1.6 -3.6 -6.6 -8.4 -21.1 -20.4 -30.3 2003 2002 16.9 15.4 14.5 14.2 13.8 12.4 10.8 11.5 10.7 9.6 11.0 9.8 10.0 11.6 10.6 10.0 12.4 9.5 9.0 8.4 9.5 6.9 4.9 1.7 2.8 -3.4 -4.6 -13.9 2003
2003 10.3 8.9 7.3 8.1 7.5 6.9 8.3 7.2 7.4 8.6 7.9 7.0 9.2 6.3 6.1 5.4 6.3 3.6 2.6 0.9 0.9 -7.6 -2.0 1.8 48.5 2004 2003 17.6 16.2 15.3 15.1 14.7 13.4 11.9 12.6 11.9 11.0 12.3 11.2 11.5 13.2 12.3 11.9 14.3 11.7 11.4 11.2 12.5 10.6 9.3 7.2 9.2 5.9 8.3 9.6 39.6 2004
2004 10.5 9.1 7.6 8.4 7.8 7.3 8.6 7.5 7.7 8.9 8.3 7.5 9.5 6.9 6.8 6.2 7.1 4.7 4.0 2.7 3.0 -3.6 1.8 5.8 30.3 14.3 2005 2004 17.8 16.4 15.6 15.4 15.1 13.8 12.4 13.1 12.4 11.6 12.8 11.9 12.2 13.8 13.0 12.7 15.0 12.6 12.4 12.3 13.6 11.9 11.0 9.4 11.5 9.3 11.9 14.1 31.4 23.7 2005
2005 10.2 8.9 7.4 8.2 7.7 7.1 8.4 7.4 7.6 8.7 8.0 7.3 9.2 6.7 6.6 6.0 6.8 4.7 4.0 2.9 3.1 -2.3 2.3 5.4 20.9 9.1 4.2 2006 2005 17.5 16.2 15.4 15.2 14.8 13.6 12.2 12.9 12.3 11.4 12.7 11.7 12.0 13.5 12.8 12.4 14.6 12.4 12.2 12.0 13.2 11.7 10.8 9.4 11.2 9.2 11.4 12.8 23.5 16.2 9.1 2006
2006 10.3 9.1 7.7 8.4 7.9 7.4 8.6 7.6 7.8 8.9 8.3 7.6 9.4 7.1 7.1 6.6 7.4 5.4 4.9 4.0 4.4 -0.2 4.0 6.9 19.0 10.5 8.7 13.3 2007 2006 17.5 16.2 15.4 15.2 14.9 13.7 12.4 13.1 12.5 11.6 12.8 11.9 12.2 13.6 13.0 12.7 14.7 12.6 12.4 12.3 13.4 12.1 11.3 10.1 11.8 10.2 12.2 13.5 21.7 16.2 12.6 16.3 2007
2007 10.2 9.0 7.6 8.3 7.9 7.4 8.5 7.6 7.8 8.8 8.2 7.6 9.3 7.1 7.1 6.6 7.3 5.6 5.1 4.3 4.7 0.7 4.5 6.9 16.5 9.6 8.1 10.2 7.0 2008 2007 16.9 15.7 14.9 14.7 14.4 13.3 11.9 12.6 12.0 11.2 12.3 11.4 11.6 13.0 12.3 12.0 13.8 11.9 11.6 11.5 12.4 11.1 10.3 9.2 10.6 9.0 10.5 11.3 17.2 12.2 8.6 8.4 1.0 2008
2008 8.1 6.8 5.5 6.1 5.6 5.0 6.0 5.0 5.1 5.9 5.2 4.5 5.9 3.7 3.4 2.8 3.2 1.3 0.5 -0.6 -0.8 -4.7 -2.2 -1.2 4.7 -2.4 -6.1 -9.3 -18.9 -38.5 2009 2008 14.9 13.7 12.9 12.6 12.2 11.1 9.8 10.3 9.6 8.8 9.7 8.8 8.9 10.0 9.2 8.8 10.3 8.3 7.9 7.5 8.1 6.6 5.5 4.1 4.8 2.9 3.3 3.0 6.1 0.5 -4.6 -8.8 -19.2 -35.4 2009
2009 8.8 7.7 6.4 7.0 6.5 6.0 7.0 6.1 6.2 7.0 6.4 5.8 7.2 5.2 5.0 4.5 5.0 3.3 2.8 2.0 2.0 -1.4 1.3 2.7 8.5 3.0 0.9 0.1 -4.0 -9.1 34.5 2010 2009 15.3 14.1 13.4 13.1 12.8 11.7 10.4 11.0 10.4 9.6 10.5 9.7 9.8 10.9 10.2 9.8 11.3 9.5 9.2 8.9 9.5 8.2 7.3 6.1 7.0 5.4 6.1 6.2 9.4 5.1 1.7 -0.1 -5.0 -7.9 31.4 2010
2010 9.4 8.3 7.1 7.7 7.2 6.8 7.8 6.9 7.1 7.9 7.4 6.8 8.2 6.3 6.2 5.8 6.4 4.9 4.4 3.8 4.0 1.1 3.8 5.3 10.9 6.4 5.1 5.3 3.4 2.2 31.8 29.1 2011 2010 15.7 14.5 13.8 13.6 13.3 12.2 11.0 11.5 11.0 10.2 11.2 10.4 10.5 11.6 11.0 10.6 12.1 10.4 10.1 9.9 10.6 9.4 8.7 7.7 8.6 7.3 8.2 8.5 11.7 8.1 5.8 5.1 2.5 3.0 30.0 28.6 2011
2011 9.0 7.9 6.7 7.3 6.9 6.4 7.4 6.5 6.7 7.4 6.9 6.3 7.6 5.8 5.7 5.3 5.8 4.4 3.9 3.3 3.5 0.7 3.2 4.5 9.3 5.2 3.9 3.9 2.1 0.9 19.0 12.0 -2.9 2012 2011 15.3 14.1 13.4 13.2 12.9 11.9 10.7 11.2 10.6 9.9 10.8 10.0 10.1 11.2 10.5 10.2 11.6 9.9 9.6 9.4 10.0 8.9 8.2 7.2 8.0 6.8 7.5 7.7 10.4 7.2 5.1 4.4 2.2 2.5 19.5 13.9 0.9 2012
2012 9.2 8.1 7.0 7.5 7.1 6.7 7.6 6.8 7.0 7.7 7.2 6.7 7.9 6.2 6.2 5.8 6.3 5.0 4.6 4.0 4.2 1.7 4.1 5.4 9.8 6.2 5.2 5.3 4.1 3.5 17.9 12.8 5.5 14.6 2013 2012 15.4 14.3 13.6 13.3 13.0 12.1 10.9 11.4 10.9 10.2 11.0 10.3 10.4 11.4 10.9 10.5 11.9 10.3 10.1 9.9 10.5 9.4 8.8 7.9 8.7 7.7 8.4 8.6 11.2 8.4 6.7 6.3 4.7 5.5 19.3 15.5 9.4 18.7 2013
2013 10.0 9.0 7.9 8.5 8.1 7.8 8.7 8.0 8.1 8.9 8.5 8.0 9.3 7.7 7.7 7.4 7.9 6.8 6.5 6.1 6.5 4.3 6.7 8.1 12.5 9.4 8.9 9.5 8.9 9.3 22.6 19.8 16.8 28.1 43.3 2014 2013 16.0 14.9 14.3 14.1 13.8 12.9 11.8 12.3 11.8 11.1 12.0 11.3 11.5 12.5 12.0 11.7 13.1 11.6 11.5 11.3 12.0 11.1 10.6 9.8 10.7 9.9 10.7 11.2 13.8 11.5 10.2 10.3 9.5 11.0 23.7 21.8 19.7 30.3 43.0 2014
2014 9.9 8.9 7.9 8.4 8.1 7.7 8.6 7.9 8.0 8.8 8.4 7.9 9.1 7.6 7.6 7.3 7.8 6.7 6.5 6.1 6.4 4.3 6.6 7.9 11.9 9.1 8.5 9.0 8.5 8.7 19.6 16.8 13.9 20.1 23.0 5.6 2015 2014 15.7 14.6 14.0 13.8 13.5 12.6 11.5 12.0 11.5 10.9 11.7 11.1 11.2 12.2 11.7 11.4 12.7 11.3 11.1 11.0 11.6 10.7 10.2 9.5 10.3 9.5 10.2 10.6 12.9 10.8 9.5 9.6 8.8 9.9 20.1 18.0 15.5 20.8 21.9 3.9 2015
2015 9.6 8.6 7.6 8.1 7.8 7.4 8.2 7.6 7.7 8.4 8.0 7.5 8.7 7.2 7.2 6.9 7.4 6.3 6.1 5.7 5.9 4.0 6.0 7.2 10.8 8.1 7.6 8.0 7.4 7.4 16.3 13.5 10.7 14.4 14.3 2.1 -1.4 2016 2015 15.2 14.2 13.6 13.3 13.1 12.2 11.1 11.6 11.1 10.5 11.3 10.6 10.7 11.7 11.1 10.9 12.1 10.7 10.5 10.4 10.9 10.0 9.5 8.8 9.5 8.7 9.4 9.7 11.7 9.7 8.5 8.4 7.6 8.4 16.7 14.4 11.8 14.7 13.4 1.0 -1.8 2016
2016 9.6 8.7 7.7 8.2 7.9 7.5 8.3 7.7 7.8 8.5 8.1 7.7 8.8 7.4 7.3 7.1 7.5 6.5 6.3 6.0 6.2 4.4 6.4 7.5 10.9 8.4 7.9 8.3 7.8 7.8 15.7 13.2 10.8 13.7 13.5 5.1 4.8 11.3 2017 2016 15.3 14.3 13.7 13.5 13.2 12.4 11.4 11.8 11.3 10.8 11.5 10.9 11.0 11.9 11.4 11.2 12.4 11.0 10.9 10.8 11.3 10.5 10.0 9.4 10.1 9.3 10.0 10.3 12.3 10.4 9.4 9.4 8.7 9.6 17.1 15.2 13.1 15.7 15.0 6.9 8.5 19.8 2017
2017 9.9 9.0 8.1 8.6 8.2 7.9 8.7 8.1 8.2 8.9 8.6 8.2 9.3 7.9 7.9 7.7 8.1 7.2 7.0 6.7 7.0 5.3 7.2 8.3 11.6 9.3 8.9 9.3 9.0 9.2 16.4 14.3 12.3 15.1 15.2 9.1 10.3 16.6 22.2 2018 2017 15.4 14.4 13.8 13.6 13.4 12.5 11.5 12.0 11.5 11.0 11.7 11.1 11.3 12.1 11.7 11.4 12.6 11.3 11.2 11.1 11.6 10.8 10.4 9.8 10.5 9.8 10.5 10.8 12.7 11.0 10.1 10.1 9.6 10.5 17.3 15.6 13.9 16.2 15.7 9.7 11.8 19.3 18.7 2018
2018 9.4 8.5 7.6 8.1 7.7 7.4 8.1 7.5 7.7 8.3 7.9 7.5 8.5 7.2 7.2 6.9 7.4 6.4 6.2 5.9 6.1 4.5 6.2 7.2 10.1 8.0 7.5 7.8 7.3 7.4 13.5 11.4 9.4 11.3 10.7 5.1 5.0 7.2 5.3 -9.3 2018 14.7 13.7 13.1 12.9 12.6 11.8 10.8 11.3 10.8 10.2 10.9 10.3 10.4 11.3 10.8 10.5 11.6 10.3 10.2 10.0 10.5 9.7 9.3 8.7 9.3 8.5 9.1 9.3 10.9 9.3 8.3 8.2 7.6 8.2 13.9 12.1 10.2 11.6 10.5 4.9 5.2 7.6 2.0 -12.3
1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
1928
1928
1929
42.9
-2.9
1929
-34.1 1930
Dimensional US Small Cap Index
1930 -15.7 -35.3 -36.5 1931 1928–2018: Total Returns (%)
1931 -24.7 -39.2 -41.5 -46.2 1932
1932 -22.2 -33.2 -32.9 -31.1 -11.6 1933
1933 -8.2 -15.9 -10.7 0.1 36.6 111.0 1934
1934 -5.1 -11.3 -5.9 3.8 29.2 56.3 15.7 1935 Growth of $1
$100,000
1935 1.0 -3.9 2.4 12.6 35.5 56.2 34.4 56.1 1936
1936 5.7 1.8 8.4 18.4 38.7 55.3 40.2 54.3 52.5 1937
$10,000 $26,938
1937 -1.6 -5.5 -1.2 5.2 17.7 24.6 9.2 7.2 -11.2 -48.3 1938
1938 1.6 -1.8 2.7 9.0 20.6 27.0 14.8 14.5 3.3 -15.0 39.8 1939
1939 1.4 -1.7 2.3 7.9 17.7 22.6 12.0 11.3 2.3 -10.5 17.8 -0.8 1940 $1,000
1940 1.0 -1.8 1.8 6.7 15.1 19.0 9.6 8.7 1.1 -8.8 10.2 -2.2 -3.6 1941
1941 0.1 -2.6 0.6 4.9 12.2 15.2 6.8 5.6 -1.1 -9.3 4.4 -5.2 -7.4 -11.1 1942 $100
1942 1.6 -0.8 2.4 6.5 13.3 16.2 8.7 7.9 2.3 -4.2 8.3 1.6 2.5 5.6 25.4 1943
1943 4.4 2.3 5.5 9.7 16.4 19.4 12.8 12.5 8.0 2.8 15.2 10.9 14.0 20.5 40.3 56.9 1944 $10
1944 6.3 4.4 7.6 11.8 18.2 21.1 15.2 15.1 11.3 7.0 18.7 15.5 19.1 25.6 40.9 49.3 42.1 1945
1945 8.9 7.2 10.5 14.7 21.0 24.0 18.6 18.9 15.7 12.2 23.6 21.5 25.6 32.5 46.3 54.1 52.7 64.2 1946 $1
1946 7.9 6.2 9.2 13.0 18.7 21.2 16.2 16.2 13.1 9.8 19.4 17.0 19.8 24.2 32.8 34.8 28.1 21.6 -9.9 1947
1947 7.4 5.8 8.6 12.1 17.4 19.6 14.9 14.8 11.9 8.8 17.2 14.9 17.0 20.3 26.5 26.8 20.2 13.7 -5.4 -0.8 1948 $0
1948 6.8 5.2 7.8 11.0 15.9 17.9 13.4 13.2 10.5 7.5 14.9 12.7 14.3 16.8 21.4 20.7 14.6 8.6 -5.4 -3.1 -5.4 1949 1928 2018
1950 8.6 7.2 9.7 12.8 17.3 19.1 15.2 15.2 12.8 10.4 17.1 15.4 17.0 19.2 23.2 22.9 18.7 15.2 7.3 12.1 16.7 29.7 39.1 1951
1951 8.8 7.5 9.9 12.8 17.1 18.8 15.1 15.1 12.9 10.7 16.8 15.2 16.7 18.7 22.2 21.9 18.1 15.0 8.4 12.5 16.0 24.2 25.9 13.9 1952
1952 8.8 7.6 9.9 12.7 16.7 18.4 14.8 14.8 12.7 10.6 16.4 14.8 16.1 18.0 21.0 20.6 17.1 14.3 8.6 12.0 14.7 20.4 20.2 11.8 9.7 1953
1953 8.4 7.2 9.4 12.0 15.8 17.3 13.9 13.8 11.8 9.8 15.0 13.6 14.7 16.2 18.8 18.2 14.9 12.3 7.1 9.7 11.6 15.3 14.0 6.7 3.2 -2.9 1954
1954 9.9 8.8 11.0 13.6 17.4 18.9 15.7 15.7 13.9 12.0 17.3 16.0 17.2 18.8 21.5 21.2 18.4 16.2 11.9 14.9 17.4 21.7 21.8 17.8 19.2 24.2 58.8 1955
1955 10.3 9.2 11.4 13.9 17.5 19.0 15.9 15.9 14.2 12.5 17.5 16.3 17.4 19.0 21.5 21.2 18.6 16.7 12.8 15.6 17.8 21.6 21.7 18.5 19.7 23.2 38.8 21.2 1956
1956 10.2 9.2 11.3 13.7 17.1 18.5 15.6 15.6 13.9 12.3 17.0 15.8 16.9 18.3 20.6 20.2 17.8 16.0 12.3 14.8 16.7 19.8 19.7 16.7 17.3 19.3 27.7 14.5 8.2 1957
1957 9.3 8.3 10.2 12.5 15.7 17.0 14.1 14.1 12.4 10.8 15.1 14.0 14.8 16.0 18.0 17.5 15.1 13.2 9.8 11.8 13.1 15.4 14.7 11.6 11.2 11.5 15.5 3.8 -3.9 -14.7 1958
1958 10.7 9.7 11.7 13.9 17.1 18.4 15.7 15.7 14.2 12.7 17.0 16.0 16.9 18.2 20.2 19.8 17.7 16.1 13.1 15.2 16.8 19.3 19.1 16.9 17.3 18.6 23.4 15.9 14.2 17.2 61.2 1959
1959 10.9 10.0 11.9 14.1 17.2 18.5 15.9 15.9 14.4 13.0 17.1 16.1 17.0 18.2 20.1 19.8 17.8 16.3 13.5 15.5 17.0 19.3 19.2 17.1 17.5 18.7 22.7 16.6 15.4 17.9 38.7 19.3 1960
1960 10.5 9.6 11.4 13.5 16.5 17.6 15.1 15.1 13.7 12.3 16.2 15.2 16.0 17.1 18.8 18.4 16.5 15.1 12.4 14.1 15.4 17.3 17.0 15.0 15.1 15.8 18.7 13.1 11.6 12.4 23.3 7.8 -2.6 1961
1961 11.0 10.2 11.9 14.0 16.9 18.0 15.6 15.6 14.3 13.0 16.7 15.8 16.6 17.7 19.3 19.0 17.2 15.9 13.4 15.1 16.4 18.2 18.0 16.3 16.5 17.3 20.1 15.4 14.4 15.7 24.9 14.7 12.5 29.9 1962
1962 10.1 9.3 11.0 12.9 15.7 16.7 14.4 14.3 13.0 11.7 15.2 14.3 15.0 15.9 17.4 17.0 15.2 13.8 11.4 12.9 13.9 15.4 15.0 13.2 13.1 13.5 15.4 10.9 9.5 9.8 15.4 6.2 2.2 4.6 -15.7 1963
1963 10.3 9.5 11.2 13.1 15.7 16.7 14.4 14.4 13.1 11.9 15.3 14.4 15.1 15.9 17.3 17.0 15.3 14.0 11.7 13.1 14.1 15.5 15.1 13.5 13.4 13.8 15.6 11.6 10.4 10.8 15.7 8.3 5.7 8.6 -0.7 17.0 1964
1964 10.5 9.7 11.3 13.2 15.8 16.7 14.5 14.5 13.3 12.1 15.3 14.5 15.1 16.0 17.4 17.0 15.4 14.2 12.0 13.4 14.3 15.6 15.3 13.8 13.7 14.1 15.8 12.2 11.2 11.6 15.9 9.7 7.9 10.7 5.0 17.2 17.5 1965
1965 11.1 10.4 12.0 13.8 16.3 17.3 15.2 15.2 14.0 12.9 16.1 15.3 15.9 16.8 18.1 17.8 16.3 15.2 13.2 14.5 15.4 16.8 16.5 15.2 15.3 15.7 17.4 14.2 13.6 14.2 18.4 13.3 12.3 15.6 12.3 23.5 26.9 37.1 1966
1966 10.6 9.9 11.4 13.2 15.6 16.5 14.4 14.4 13.2 12.1 15.2 14.4 15.0 15.8 17.0 16.6 15.1 14.1 12.1 13.3 14.1 15.3 15.0 13.6 13.6 13.9 15.3 12.3 11.5 11.8 15.2 10.5 9.3 11.4 8.1 15.0 14.3 12.8 -7.2 1967
1967 12.0 11.3 12.8 14.6 17.0 17.9 15.9 16.0 14.9 13.8 16.9 16.1 16.8 17.6 18.9 18.7 17.3 16.3 14.5 15.8 16.7 18.0 17.9 16.7 16.9 17.4 19.0 16.4 16.0 16.7 20.4 16.6 16.3 19.2 17.6 25.6 27.9 31.6 28.9 79.1 1968
1968 12.6 11.9 13.4 15.2 17.6 18.5 16.6 16.6 15.6 14.6 17.6 16.9 17.5 18.4 19.6 19.4 18.1 17.2 15.5 16.8 17.7 19.0 18.9 17.9 18.1 18.7 20.3 17.9 17.7 18.5 22.1 18.7 18.7 21.7 20.5 27.9 30.3 33.7 32.5 58.4 40.1 1969
1969 11.4 10.7 12.2 13.8 16.1 17.0 15.1 15.0 14.0 13.0 15.8 15.1 15.7 16.4 17.5 17.2 15.9 15.0 13.3 14.4 15.2 16.3 16.0 14.9 15.0 15.3 16.6 14.2 13.7 14.1 16.9 13.6 13.0 14.9 13.2 18.0 18.2 18.3 14.1 22.2 1.0 -27.2 1970
1970 10.8 10.1 11.5 13.0 15.2 16.0 14.2 14.1 13.1 12.1 14.8 14.1 14.6 15.2 16.3 16.0 14.7 13.7 12.1 13.1 13.7 14.7 14.4 13.3 13.3 13.5 14.5 12.2 11.6 11.9 14.2 11.0 10.3 11.7 9.8 13.5 13.0 12.3 7.9 12.0 -4.2 -20.8 -13.7 1971
1971 11.0 10.3 11.7 13.2 15.3 16.1 14.3 14.3 13.3 12.3 14.9 14.3 14.8 15.4 16.4 16.1 14.9 14.0 12.4 13.4 14.0 14.9 14.7 13.6 13.6 13.8 14.8 12.7 12.2 12.4 14.7 11.7 11.1 12.4 10.8 14.2 13.9 13.4 9.9 13.6 1.4 -8.9 1.9 20.4 1972
1972 10.8 10.2 11.5 13.0 15.1 15.8 14.1 14.0 13.1 12.1 14.6 14.0 14.4 15.1 16.0 15.7 14.5 13.6 12.1 13.0 13.6 14.5 14.2 13.2 13.2 13.3 14.3 12.2 11.7 11.9 14.0 11.2 10.6 11.8 10.2 13.2 12.8 12.3 9.1 12.1 2.1 -5.7 2.8 12.2 4.5 1973
1973 9.5 8.8 10.1 11.5 13.4 14.1 12.4 12.3 11.3 10.4 12.8 12.1 12.5 13.0 13.8 13.5 12.3 11.4 9.8 10.6 11.1 11.8 11.5 10.4 10.2 10.3 11.0 8.9 8.2 8.2 9.9 7.1 6.3 7.0 5.3 7.4 6.5 5.3 1.9 3.3 -5.7 -12.9 -8.9 -7.3 -18.6 -36.6 1974
1974 8.5 7.9 9.1 10.4 12.3 12.9 11.2 11.1 10.1 9.2 11.4 10.7 11.1 11.5 12.3 11.9 10.7 9.8 8.3 9.0 9.4 10.0 9.6 8.5 8.3 8.2 8.8 6.7 6.0 5.9 7.2 4.5 3.6 4.1 2.3 4.0 2.9 1.5 -1.8 -1.1 -9.1 -15.5 -12.9 -12.7 -21.5 -32.0 -27.1 1975
1975 9.3 8.7 9.9 11.3 13.1 13.8 12.1 12.0 11.1 10.2 12.4 11.7 12.1 12.6 13.4 13.0 11.9 11.0 9.6 10.3 10.8 11.4 11.1 10.1 9.9 9.9 10.5 8.6 8.0 8.0 9.5 7.0 6.3 6.9 5.4 7.2 6.5 5.5 2.8 4.0 -2.9 -7.8 -4.1 -2.0 -7.0 -10.5 6.3 55.0 1976
1976 10.0 9.4 10.6 11.9 13.8 14.4 12.8 12.8 11.9 11.0 13.2 12.6 13.0 13.5 14.2 13.9 12.8 12.0 10.7 11.4 11.9 12.5 12.2 11.3 11.2 11.3 11.9 10.2 9.7 9.7 11.2 8.9 8.4 9.1 7.8 9.7 9.2 8.5 6.2 7.7 1.8 -2.2 2.0 4.9 2.1 1.4 18.7 51.4 47.8 1977
1977 10.3 9.7 10.8 12.2 14.0 14.6 13.0 13.0 12.1 11.3 13.4 12.8 13.2 13.7 14.5 14.2 13.1 12.3 11.0 11.8 12.2 12.9 12.6 11.7 11.6 11.7 12.4 10.7 10.2 10.3 11.8 9.6 9.1 9.8 8.7 10.6 10.1 9.6 7.5 9.0 3.7 0.3 4.4 7.3 5.3 5.4 19.7 41.2 34.7 22.8 1978
1978 10.5 9.9 11.1 12.4 14.1 14.8 13.2 13.2 12.3 11.5 13.6 13.0 13.4 13.9 14.7 14.4 13.4 12.6 11.3 12.1 12.5 13.2 12.9 12.1 12.0 12.1 12.7 11.1 10.7 10.8 12.2 10.2 9.8 10.5 9.4 11.2 10.9 10.4 8.6 10.0 5.3 2.3 6.2 9.0 7.5 8.0 20.2 36.2 30.4 22.5 22.1 1979
1979 11.0 10.4 11.6 12.9 14.6 15.3 13.8 13.7 12.9 12.1 14.2 13.6 14.0 14.5 15.3 15.0 14.0 13.3 12.1 12.8 13.3 13.9 13.7 12.9 12.9 13.0 13.7 12.2 11.8 12.0 13.3 11.5 11.1 11.9 10.9 12.7 12.5 12.2 10.6 12.1 7.8 5.2 9.2 12.1 11.1 12.0 23.2 36.8 32.6 27.9 30.5 39.5 1980
1980 11.4 10.9 12.0 13.3 15.1 15.7 14.2 14.2 13.4 12.6 14.7 14.2 14.5 15.0 15.8 15.6 14.6 13.9 12.7 13.5 14.0 14.6 14.4 13.7 13.7 13.8 14.5 13.1 12.7 12.9 14.3 12.5 12.2 13.0 12.2 14.0 13.8 13.6 12.2 13.7 9.8 7.6 11.5 14.4 13.8 15.0 25.2 37.0 33.7 30.4 33.0 38.7 38.0 1981
1981 11.3 10.8 11.9 13.2 14.9 15.5 14.0 14.0 13.2 12.5 14.5 13.9 14.3 14.8 15.5 15.3 14.4 13.7 12.5 13.2 13.7 14.3 14.1 13.4 13.4 13.5 14.1 12.8 12.4 12.6 13.9 12.2 11.9 12.6 11.8 13.5 13.3 13.1 11.7 13.1 9.5 7.4 11.0 13.6 12.9 13.9 22.5 31.9 28.4 24.9 25.4 26.5 20.4 5.2 1982
1982 11.6 11.1 12.2 13.5 15.1 15.7 14.3 14.3 13.6 12.8 14.8 14.3 14.7 15.1 15.9 15.6 14.7 14.1 13.0 13.7 14.1 14.8 14.6 13.9 13.9 14.0 14.7 13.3 13.1 13.2 14.5 12.9 12.7 13.4 12.7 14.3 14.2 14.0 12.8 14.2 10.8 8.9 12.4 14.9 14.4 15.4 23.4 31.7 28.7 25.8 26.4 27.5 23.7 17.1 30.5 1983
1983 12.1 11.6 12.7 13.9 15.5 16.2 14.8 14.8 14.0 13.3 15.3 14.8 15.2 15.6 16.4 16.1 15.3 14.7 13.6 14.3 14.7 15.4 15.2 14.6 14.6 14.7 15.4 14.1 13.9 14.1 15.4 13.8 13.6 14.4 13.7 15.4 15.3 15.2 14.1 15.4 12.3 10.7 14.0 16.5 16.2 17.3 24.8 32.5 29.9 27.5 28.3 29.6 27.2 23.8 34.3 38.2 1984
1984 11.8 11.3 12.3 13.5 15.1 15.7 14.4 14.3 13.6 12.9 14.8 14.3 14.7 15.1 15.8 15.6 14.7 14.1 13.1 13.8 14.2 14.8 14.6 14.0 14.0 14.1 14.7 13.4 13.2 13.4 14.6 13.1 12.8 13.5 12.9 14.4 14.3 14.1 13.0 14.2 11.3 9.7 12.7 14.9 14.5 15.3 21.8 28.2 25.5 23.0 23.0 23.1 20.1 16.0 19.9 14.9 -4.5 1985
1985 12.1 11.6 12.7 13.8 15.4 16.0 14.7 14.7 14.0 13.3 15.1 14.7 15.0 15.5 16.2 16.0 15.1 14.5 13.5 14.2 14.6 15.2 15.1 14.4 14.4 14.6 15.2 14.0 13.8 14.0 15.2 13.7 13.5 14.2 13.6 15.1 15.0 14.9 13.9 15.1 12.3 10.9 13.8 16.0 15.6 16.5 22.6 28.5 26.2 24.0 24.1 24.4 22.0 19.1 22.8 20.4 12.3 32.0 1986
1986 12.0 11.5 12.6 13.7 15.3 15.9 14.6 14.5 13.8 13.2 15.0 14.5 14.9 15.3 16.0 15.8 15.0 14.4 13.4 14.0 14.4 15.0 14.9 14.3 14.3 14.4 15.0 13.8 13.6 13.8 14.9 13.5 13.3 14.0 13.4 14.8 14.7 14.6 13.6 14.8 12.1 10.7 13.5 15.5 15.1 15.9 21.4 26.7 24.4 22.3 22.2 22.2 20.0 17.2 19.8 17.2 11.0 19.6 8.3 1987
1987 11.6 11.2 12.2 13.3 14.8 15.4 14.1 14.0 13.4 12.7 14.5 14.0 14.3 14.7 15.4 15.2 14.4 13.8 12.8 13.4 13.8 14.3 14.2 13.6 13.5 13.7 14.2 13.1 12.8 13.0 14.0 12.7 12.4 13.0 12.4 13.7 13.6 13.4 12.5 13.5 10.9 9.6 12.1 13.9 13.5 14.1 19.0 23.5 21.2 19.0 18.7 18.3 15.9 13.0 14.4 11.4 5.6 9.2 -0.7 -9.0 1988
1988 11.8 11.4 12.4 13.5 15.0 15.5 14.3 14.3 13.6 12.9 14.7 14.2 14.6 15.0 15.6 15.4 14.6 14.1 13.1 13.7 14.1 14.6 14.5 13.9 13.9 14.0 14.5 13.4 13.2 13.3 14.4 13.1 12.9 13.5 12.9 14.2 14.1 13.9 13.0 14.1 11.6 10.4 12.8 14.5 14.2 14.8 19.4 23.7 21.6 19.6 19.3 19.1 17.0 14.6 16.0 13.8 9.4 13.2 7.6 7.2 26.2 1989
1989 11.9 11.4 12.4 13.5 15.0 15.5 14.3 14.3 13.6 13.0 14.7 14.2 14.6 15.0 15.6 15.4 14.6 14.1 13.1 13.7 14.1 14.6 14.5 13.9 13.9 14.0 14.5 13.5 13.2 13.4 14.4 13.1 12.9 13.5 13.0 14.2 14.1 14.0 13.1 14.1 11.8 10.6 12.9 14.5 14.2 14.8 19.1 23.1 21.1 19.3 19.0 18.7 16.8 14.6 15.9 13.9 10.3 13.5 9.3 9.7 20.4 14.8 1990
1990 11.3 10.9 11.8 12.9 14.3 14.8 13.6 13.5 12.9 12.3 13.9 13.5 13.8 14.1 14.7 14.5 13.7 13.2 12.3 12.8 13.2 13.7 13.5 12.9 12.9 13.0 13.4 12.4 12.1 12.2 13.2 11.9 11.7 12.2 11.7 12.8 12.6 12.4 11.6 12.4 10.2 9.0 11.1 12.5 12.1 12.5 16.4 19.9 17.8 15.9 15.4 14.9 12.9 10.6 11.2 9.0 5.4 7.1 2.8 1.4 5.1 -4.1 -19.8 1991
1991 11.8 11.3 12.3 13.3 14.8 15.3 14.1 14.0 13.4 12.8 14.4 14.0 14.3 14.7 15.3 15.1 14.3 13.8 12.9 13.5 13.8 14.3 14.2 13.6 13.6 13.7 14.2 13.2 13.0 13.1 14.0 12.8 12.7 13.2 12.7 13.8 13.7 13.5 12.7 13.6 11.5 10.4 12.5 13.9 13.6 14.1 17.9 21.3 19.4 17.7 17.4 17.0 15.3 13.4 14.3 12.6 9.8 12.0 9.0 9.1 14.2 10.4 8.3 46.2 1992
1992 12.0 11.5 12.5 13.5 14.9 15.4 14.2 14.2 13.6 13.0 14.6 14.2 14.5 14.9 15.5 15.3 14.5 14.0 13.2 13.7 14.1 14.5 14.4 13.9 13.9 14.0 14.4 13.5 13.3 13.4 14.3 13.2 13.0 13.5 13.0 14.1 14.1 13.9 13.2 14.0 12.0 10.9 13.0 14.4 14.1 14.6 18.2 21.5 19.7 18.2 17.9 17.6 16.0 14.3 15.2 13.8 11.4 13.5 11.1 11.6 16.2 13.8 13.5 35.1 24.7 1993
1993 12.1 11.7 12.6 13.6 15.0 15.5 14.3 14.3 13.7 13.1 14.7 14.3 14.6 15.0 15.6 15.4 14.7 14.2 13.3 13.9 14.2 14.7 14.5 14.0 14.0 14.1 14.6 13.6 13.4 13.6 14.5 13.4 13.2 13.7 13.3 14.3 14.3 14.1 13.4 14.2 12.3 11.3 13.3 14.6 14.4 14.9 18.3 21.4 19.8 18.3 18.0 17.7 16.3 14.8 15.6 14.4 12.2 14.3 12.2 12.8 16.9 15.1 15.2 30.0 22.5 20.4 1994
1994 11.9 11.5 12.4 13.4 14.8 15.2 14.1 14.1 13.5 12.9 14.5 14.0 14.3 14.7 15.2 15.1 14.4 13.9 13.0 13.6 13.9 14.3 14.2 13.7 13.7 13.8 14.2 13.3 13.1 13.2 14.1 13.0 12.8 13.3 12.8 13.9 13.8 13.7 12.9 13.7 11.8 10.9 12.7 14.0 13.7 14.2 17.4 20.2 18.7 17.2 16.9 16.6 15.2 13.7 14.4 13.1 11.1 12.8 10.8 11.2 14.4 12.5 12.1 21.8 14.7 9.9 0.4 1995
1995 12.2 11.8 12.7 13.7 15.0 15.5 14.4 14.3 13.8 13.2 14.7 14.3 14.6 15.0 15.5 15.4 14.7 14.2 13.4 13.9 14.2 14.7 14.6 14.1 14.1 14.2 14.6 13.7 13.5 13.7 14.5 13.5 13.3 13.8 13.4 14.4 14.3 14.2 13.5 14.3 12.5 11.6 13.4 14.7 14.4 14.9 18.0 20.8 19.3 17.9 17.7 17.4 16.1 14.8 15.5 14.5 12.7 14.4 12.8 13.3 16.4 15.1 15.1 23.7 18.7 16.7 14.9 31.6 1996
1996 12.3 11.9 12.8 13.8 15.1 15.6 14.5 14.5 13.9 13.3 14.9 14.5 14.8 15.1 15.7 15.5 14.8 14.3 13.5 14.1 14.4 14.8 14.7 14.2 14.2 14.4 14.8 13.9 13.7 13.9 14.7 13.7 13.5 14.0 13.6 14.6 14.5 14.5 13.8 14.6 12.8 11.9 13.7 15.0 14.7 15.2 18.2 20.9 19.4 18.2 17.9 17.7 16.5 15.3 16.0 15.0 13.4 15.1 13.6 14.2 17.1 16.0 16.2 23.6 19.5 18.2 17.5 27.0 22.6 1997
1997 12.6 12.2 13.0 14.0 15.3 15.8 14.7 14.7 14.1 13.6 15.1 14.7 15.0 15.4 15.9 15.7 15.1 14.6 13.8 14.4 14.7 15.1 15.0 14.5 14.6 14.7 15.1 14.2 14.1 14.2 15.1 14.1 13.9 14.4 14.0 15.0 15.0 14.9 14.3 15.0 13.3 12.5 14.3 15.5 15.3 15.7 18.7 21.2 19.9 18.7 18.5 18.3 17.2 16.1 16.8 16.0 14.5 16.1 14.9 15.5 18.3 17.4 17.8 24.4 21.1 20.4 20.4 28.0 26.2 29.8 1998
1998 12.3 11.9 12.8 13.7 15.0 15.5 14.4 14.4 13.8 13.3 14.8 14.4 14.7 15.0 15.5 15.4 14.7 14.3 13.5 14.0 14.3 14.7 14.6 14.1 14.1 14.2 14.7 13.8 13.6 13.8 14.6 13.6 13.5 13.9 13.5 14.5 14.4 14.3 13.7 14.4 12.8 11.9 13.6 14.7 14.5 14.9 17.7 20.1 18.8 17.6 17.3 17.1 16.0 14.9 15.5 14.6 13.2 14.6 13.4 13.8 16.1 15.2 15.2 20.5 17.2 16.0 15.2 19.2 15.4 11.9 -3.5 1999
1999 12.4 12.0 12.9 13.8 15.1 15.5 14.5 14.4 13.9 13.4 14.8 14.4 14.7 15.0 15.6 15.4 14.8 14.3 13.6 14.1 14.4 14.8 14.7 14.2 14.2 14.3 14.7 13.9 13.7 13.9 14.7 13.7 13.6 14.0 13.6 14.5 14.5 14.4 13.8 14.5 12.9 12.1 13.8 14.8 14.6 15.0 17.7 20.0 18.7 17.6 17.4 17.1 16.1 15.1 15.6 14.8 13.5 14.8 13.7 14.1 16.3 15.4 15.5 20.2 17.3 16.3 15.6 18.9 16.0 13.8 6.6 17.8 2000
2000 12.4 12.0 12.8 13.8 15.0 15.5 14.4 14.4 13.9 13.3 14.8 14.4 14.7 15.0 15.5 15.3 14.7 14.3 13.5 14.0 14.3 14.7 14.6 14.2 14.2 14.3 14.7 13.8 13.7 13.8 14.6 13.7 13.5 14.0 13.6 14.5 14.4 14.3 13.7 14.4 12.9 12.1 13.7 14.7 14.5 14.9 17.5 19.6 18.4 17.3 17.1 16.9 15.9 14.9 15.4 14.6 13.4 14.6 13.5 13.9 15.9 15.1 15.1 19.3 16.7 15.7 15.0 17.7 15.1 13.3 8.2 14.6 11.5 2001
2001 12.4 12.1 12.9 13.8 15.0 15.5 14.4 14.4 13.9 13.4 14.8 14.4 14.7 15.0 15.5 15.3 14.7 14.3 13.6 14.1 14.3 14.8 14.6 14.2 14.2 14.3 14.7 13.9 13.7 13.9 14.6 13.7 13.6 14.0 13.6 14.5 14.5 14.4 13.8 14.5 13.0 12.2 13.8 14.8 14.6 15.0 17.4 19.5 18.3 17.3 17.1 16.9 15.9 15.0 15.5 14.7 13.6 14.7 13.7 14.1 15.9 15.2 15.2 19.1 16.6 15.8 15.2 17.5 15.3 13.9 10.2 15.3 14.0 16.6 2002
2002 12.0 11.7 12.5 13.4 14.6 15.0 14.0 14.0 13.4 12.9 14.3 13.9 14.2 14.5 15.0 14.8 14.2 13.8 13.0 13.5 13.8 14.2 14.0 13.6 13.6 13.7 14.0 13.3 13.1 13.2 13.9 13.0 12.9 13.3 12.9 13.7 13.6 13.6 13.0 13.6 12.1 11.4 12.8 13.8 13.6 13.9 16.2 18.2 17.0 15.9 15.7 15.4 14.5 13.5 13.9 13.1 12.0 13.0 11.9 12.1 13.7 12.9 12.7 16.0 13.6 12.5 11.7 13.2 10.7 8.9 5.1 7.4 4.1 0.6 -13.2 2003
2003 12.5 12.2 13.0 13.9 15.0 15.5 14.5 14.5 13.9 13.5 14.8 14.5 14.7 15.0 15.5 15.4 14.8 14.4 13.6 14.1 14.4 14.8 14.7 14.3 14.3 14.4 14.7 14.0 13.8 14.0 14.7 13.8 13.7 14.1 13.7 14.6 14.5 14.4 13.9 14.5 13.1 12.4 13.9 14.8 14.7 15.0 17.3 19.3 18.2 17.2 17.0 16.8 15.9 15.0 15.5 14.8 13.8 14.8 13.9 14.3 15.9 15.3 15.3 18.6 16.5 15.8 15.3 17.1 15.4 14.4 12.1 15.5 14.9 16.0 15.8 54.5 2004
2004 12.6 12.3 13.1 14.0 15.1 15.6 14.6 14.6 14.1 13.6 14.9 14.6 14.8 15.2 15.6 15.5 14.9 14.5 13.8 14.3 14.5 14.9 14.8 14.4 14.4 14.5 14.9 14.1 14.0 14.1 14.8 14.0 13.9 14.3 13.9 14.8 14.7 14.6 14.1 14.7 13.4 12.7 14.1 15.1 14.9 15.3 17.5 19.4 18.3 17.4 17.2 17.0 16.2 15.3 15.8 15.2 14.2 15.2 14.4 14.7 16.3 15.7 15.8 18.8 17.0 16.3 16.0 17.7 16.2 15.4 13.5 16.6 16.4 17.6 18.0 37.6 22.5 2005
2005 12.6 12.2 13.0 13.9 15.0 15.5 14.5 14.5 14.0 13.5 14.8 14.5 14.7 15.0 15.5 15.3 14.8 14.4 13.7 14.1 14.4 14.8 14.7 14.3 14.3 14.4 14.7 14.0 13.9 14.0 14.7 13.8 13.7 14.1 13.8 14.6 14.5 14.5 13.9 14.5 13.2 12.6 13.9 14.8 14.7 15.0 17.2 19.0 17.9 17.0 16.8 16.6 15.8 15.0 15.4 14.8 13.8 14.8 14.0 14.3 15.8 15.2 15.2 18.0 16.2 15.6 15.2 16.7 15.3 14.5 12.7 15.2 14.8 15.5 15.2 26.6 14.6 7.1 2006
2006 12.7 12.3 13.1 13.9 15.1 15.5 14.6 14.5 14.0 13.6 14.9 14.5 14.8 15.1 15.5 15.4 14.8 14.4 13.8 14.2 14.5 14.9 14.8 14.4 14.4 14.5 14.8 14.1 14.0 14.1 14.8 14.0 13.8 14.2 13.9 14.7 14.6 14.6 14.1 14.7 13.4 12.7 14.1 15.0 14.8 15.1 17.2 19.0 18.0 17.1 16.9 16.7 15.9 15.2 15.6 15.0 14.1 15.0 14.3 14.6 16.0 15.4 15.5 18.1 16.4 15.9 15.5 16.9 15.6 15.0 13.4 15.8 15.5 16.1 16.0 24.8 16.2 13.2 19.5 2007
2007 12.4 12.1 12.8 13.7 14.8 15.2 14.3 14.3 13.8 13.3 14.6 14.2 14.5 14.8 15.2 15.1 14.5 14.1 13.5 13.9 14.1 14.5 14.4 14.0 14.0 14.1 14.4 13.7 13.6 13.7 14.4 13.6 13.4 13.8 13.5 14.2 14.2 14.1 13.6 14.2 12.9 12.3 13.6 14.4 14.2 14.5 16.5 18.2 17.2 16.3 16.1 15.9 15.2 14.4 14.8 14.2 13.3 14.1 13.4 13.6 14.9 14.3 14.3 16.7 15.0 14.4 14.0 15.1 13.9 13.1 11.5 13.4 12.8 13.0 12.4 18.4 10.8 7.1 7.0 -4.1 2008
2008 11.6 11.3 12.0 12.9 14.0 14.3 13.4 13.4 12.9 12.4 13.6 13.3 13.5 13.8 14.2 14.1 13.5 13.1 12.4 12.8 13.1 13.4 13.3 12.9 12.9 12.9 13.2 12.5 12.4 12.5 13.1 12.3 12.1 12.5 12.1 12.8 12.7 12.6 12.1 12.6 11.3 10.7 11.9 12.7 12.5 12.7 14.6 16.1 15.1 14.2 13.9 13.7 12.9 12.0 12.3 11.7 10.7 11.4 10.6 10.7 11.7 11.0 10.8 12.9 11.2 10.4 9.7 10.4 8.9 7.9 6.1 7.1 5.9 5.3 3.7 6.9 -0.7 -5.8 -9.8 -21.6 -35.9 2009
2009 11.9 11.6 12.3 13.2 14.2 14.6 13.7 13.7 13.2 12.7 14.0 13.6 13.9 14.1 14.6 14.4 13.8 13.5 12.8 13.2 13.5 13.8 13.7 13.3 13.3 13.3 13.7 13.0 12.8 12.9 13.5 12.7 12.6 12.9 12.6 13.3 13.2 13.1 12.7 13.2 11.9 11.3 12.5 13.3 13.1 13.3 15.2 16.7 15.7 14.9 14.6 14.4 13.6 12.9 13.2 12.6 11.7 12.4 11.6 11.8 12.8 12.2 12.1 14.1 12.5 11.9 11.4 12.1 10.8 10.0 8.5 9.6 8.9 8.6 7.6 11.0 5.0 1.8 0.5 -5.1 -5.6 39.1 2010
2010 12.1 11.8 12.5 13.3 14.4 14.8 13.9 13.9 13.4 12.9 14.2 13.8 14.1 14.3 14.7 14.6 14.1 13.7 13.0 13.4 13.7 14.0 13.9 13.5 13.5 13.6 13.9 13.2 13.1 13.2 13.8 13.0 12.9 13.2 12.9 13.6 13.5 13.5 13.0 13.5 12.3 11.7 12.9 13.6 13.5 13.7 15.5 17.0 16.1 15.3 15.0 14.8 14.1 13.4 13.7 13.1 12.3 13.0 12.3 12.4 13.5 12.9 12.8 14.8 13.3 12.7 12.3 13.1 12.0 11.2 9.9 11.1 10.5 10.4 9.8 13.0 8.1 5.9 5.6 2.4 4.7 33.8 28.7 2011
2011 11.9 11.6 12.3 13.1 14.2 14.5 13.6 13.6 13.1 12.7 13.9 13.6 13.8 14.0 14.5 14.3 13.8 13.4 12.8 13.1 13.4 13.7 13.6 13.2 13.2 13.3 13.6 12.9 12.8 12.8 13.4 12.7 12.6 12.9 12.6 13.2 13.1 13.1 12.6 13.1 11.9 11.3 12.4 13.2 13.0 13.2 15.0 16.4 15.5 14.7 14.4 14.2 13.5 12.8 13.0 12.5 11.7 12.3 11.6 11.7 12.7 12.1 12.0 13.8 12.4 11.8 11.3 12.0 10.9 10.1 8.9 9.9 9.2 9.0 8.3 11.0 6.5 4.4 4.0 1.1 2.4 19.8 11.1 -4.0 2012
2012 12.0 11.7 12.4 13.2 14.2 14.6 13.7 13.7 13.2 12.8 13.9 13.6 13.8 14.1 14.5 14.4 13.8 13.5 12.8 13.2 13.5 13.8 13.7 13.3 13.3 13.3 13.6 13.0 12.8 12.9 13.5 12.8 12.7 13.0 12.7 13.3 13.2 13.2 12.7 13.2 12.0 11.5 12.6 13.3 13.1 13.3 15.0 16.4 15.5 14.7 14.5 14.3 13.6 12.9 13.2 12.7 11.9 12.5 11.8 12.0 12.9 12.4 12.3 14.0 12.7 12.1 11.7 12.3 11.3 10.6 9.5 10.4 9.9 9.8 9.2 11.7 7.7 6.0 5.9 3.7 5.4 19.3 13.4 6.5 18.1 2013
2013 12.3 12.0 12.7 13.5 14.5 14.9 14.0 14.0 13.6 13.1 14.3 14.0 14.2 14.5 14.9 14.7 14.2 13.9 13.2 13.6 13.9 14.2 14.1 13.7 13.7 13.8 14.1 13.5 13.3 13.4 14.0 13.3 13.2 13.5 13.2 13.9 13.8 13.7 13.3 13.8 12.6 12.1 13.2 13.9 13.8 14.0 15.7 17.1 16.2 15.5 15.3 15.1 14.4 13.8 14.0 13.6 12.8 13.5 12.8 13.0 14.0 13.5 13.4 15.2 13.9 13.4 13.1 13.8 12.9 12.3 11.3 12.4 12.0 12.1 11.7 14.3 10.9 9.7 10.0 8.7 11.0 23.9 20.3 17.7 30.3 43.8 2014
2014 12.2 11.9 12.6 13.4 14.4 14.8 13.9 13.9 13.4 13.0 14.1 13.8 14.1 14.3 14.7 14.6 14.1 13.7 13.1 13.5 13.7 14.0 13.9 13.6 13.6 13.6 13.9 13.3 13.2 13.2 13.8 13.1 13.0 13.3 13.0 13.6 13.6 13.5 13.1 13.5 12.4 11.9 13.0 13.7 13.5 13.7 15.4 16.7 15.9 15.1 14.9 14.7 14.1 13.5 13.7 13.2 12.5 13.1 12.5 12.7 13.6 13.1 13.0 14.7 13.5 13.0 12.6 13.3 12.4 11.9 10.9 11.8 11.5 11.5 11.1 13.4 10.2 9.1 9.3 8.1 9.9 20.3 16.8 14.1 20.8 22.2 3.8 2015
2015 12.0 11.7 12.4 13.1 14.1 14.5 13.6 13.6 13.2 12.7 13.9 13.6 13.8 14.0 14.4 14.3 13.8 13.4 12.8 13.2 13.4 13.7 13.6 13.2 13.2 13.3 13.6 12.9 12.8 12.9 13.4 12.7 12.6 12.9 12.6 13.3 13.2 13.1 12.7 13.1 12.0 11.5 12.5 13.2 13.1 13.3 14.8 16.1 15.3 14.5 14.3 14.1 13.5 12.9 13.1 12.6 11.9 12.5 11.9 12.0 12.8 12.4 12.3 13.8 12.6 12.1 11.7 12.3 11.4 10.9 9.9 10.7 10.3 10.2 9.8 11.8 8.8 7.7 7.7 6.5 7.9 16.2 12.8 9.8 13.6 12.2 -0.9 -5.5 2016
2016 12.2 11.9 12.5 13.3 14.3 14.6 13.8 13.8 13.3 12.9 14.0 13.7 13.9 14.2 14.6 14.4 13.9 13.6 13.0 13.4 13.6 13.9 13.8 13.4 13.4 13.5 13.8 13.2 13.0 13.1 13.7 13.0 12.9 13.2 12.9 13.5 13.4 13.4 12.9 13.4 12.3 11.8 12.8 13.5 13.3 13.6 15.1 16.4 15.5 14.8 14.6 14.4 13.8 13.2 13.5 13.0 12.3 12.9 12.3 12.5 13.3 12.8 12.8 14.3 13.1 12.7 12.4 12.9 12.1 11.6 10.7 11.6 11.2 11.2 10.9 12.8 10.1 9.1 9.3 8.3 9.8 17.5 14.7 12.5 16.1 15.6 7.5 9.4 26.8 2017
2017 12.2 11.9 12.5 13.3 14.3 14.6 13.8 13.8 13.3 12.9 14.0 13.7 13.9 14.2 14.5 14.4 13.9 13.6 13.0 13.4 13.6 13.9 13.8 13.4 13.4 13.5 13.8 13.2 13.0 13.1 13.7 13.0 12.9 13.2 12.9 13.5 13.4 13.4 12.9 13.4 12.3 11.8 12.8 13.5 13.3 13.5 15.1 16.3 15.5 14.8 14.6 14.4 13.8 13.2 13.5 13.0 12.3 12.9 12.4 12.5 13.3 12.9 12.8 14.2 13.1 12.7 12.4 13.0 12.2 11.7 10.9 11.7 11.3 11.3 11.0 12.8 10.3 9.5 9.7 8.8 10.2 17.0 14.5 12.6 15.7 15.2 9.0 10.7 19.9 13.4 2018
2018 11.9 11.6 12.2 12.9 13.9 14.3 13.4 13.4 13.0 12.6 13.6 13.3 13.5 13.8 14.1 14.0 13.5 13.2 12.6 12.9 13.2 13.4 13.3 13.0 13.0 13.0 13.3 12.7 12.6 12.6 13.2 12.5 12.4 12.7 12.4 13.0 12.9 12.8 12.4 12.8 11.8 11.3 12.2 12.9 12.7 12.9 14.4 15.5 14.7 14.1 13.8 13.6 13.1 12.5 12.7 12.2 11.5 12.0 11.5 11.6 12.3 11.9 11.8 13.1 12.1 11.6 11.3 11.7 10.9 10.4 9.6 10.3 9.9 9.8 9.4 11.0 8.6 7.7 7.7 6.8 7.9 13.6 11.1 9.1 11.1 10.0 4.2 4.3 7.8 -0.6 -12.8
1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
1928
1928
1929
32.4
-8.8
1929
-37.1 1930
Dimensional US Small Cap Value Index
1930 -22.3 -40.5 -43.6 1931 1928–2018: Total Returns (%)
1931 -32.4 -45.9 -49.9 -55.5 1932
1932 -28.5 -38.7 -39.2 -36.9 -10.5 1933
1933 -13.4 -20.5 -15.6 -3.5 42.0 125.3 1934
1934 -12.4 -18.3 -13.8 -4.2 23.6 45.3 -6.3 1935 Growth of $1
$100,000
1935 -6.5 -11.0 -5.7 4.5 29.3 46.1 17.7 47.7 1936
1936 -0.3 -3.8 2.2 12.9 36.0 51.0 32.1 56.8 66.5 1937 $72,335
$10,000
1937 -7.1 -10.7 -6.6 0.3 14.9 20.8 3.3 6.7 -9.3 -50.6 1938
1938 -4.0 -7.1 -2.9 3.9 17.2 22.6 8.6 12.7 2.9 -19.0 32.6 1939
1939 -4.0 -6.8 -3.0 3.0 14.4 18.4 6.4 9.1 1.2 -14.3 12.9 -3.9 1940 $1,000
1940 -4.3 -6.9 -3.5 1.8 11.6 14.7 4.2 6.1 -0.7 -12.8 5.4 -6.0 -8.1 1941
1941 -4.0 -6.4 -3.2 1.6 10.4 13.0 3.6 5.1 -0.7 -10.4 4.0 -4.1 -4.2 -0.2 1942 $100
1942 -1.9 -4.0 -0.8 4.0 12.3 14.9 6.6 8.4 3.7 -4.2 9.4 4.3 7.1 15.7 34.1 1943
1943 1.9 0.1 3.5 8.4 16.8 19.6 12.3 14.6 11.0 4.7 18.7 16.1 21.7 33.7 54.7 78.5 1944 $10
1944 4.3 2.8 6.2 11.1 19.2 22.1 15.5 17.9 15.0 9.8 23.0 21.5 27.3 38.2 54.0 65.0 52.6 1945
1945 7.0 5.7 9.2 14.1 22.0 25.0 19.0 21.6 19.2 14.9 27.7 27.0 33.0 43.2 56.8 65.2 58.9 65.4 1946 $1
1946 6.0 4.7 7.9 12.4 19.5 22.0 16.4 18.5 16.2 12.1 22.7 21.6 25.7 32.5 40.2 41.7 31.2 21.7 -10.4 1947
1947 6.2 4.9 8.0 12.2 18.8 21.1 15.8 17.7 15.5 11.8 21.3 20.1 23.5 28.8 34.4 34.4 25.2 17.3 -1.3 8.8 1948 $0
1948 5.6 4.4 7.2 11.1 17.3 19.3 14.3 16.0 13.8 10.3 18.6 17.3 19.9 24.0 27.9 26.9 18.5 11.3 -2.5 1.7 -4.9 1949 1928 2018
1950 8.2 7.2 10.0 13.7 19.5 21.4 17.1 18.7 17.0 14.1 21.7 20.8 23.3 27.0 30.5 30.0 24.3 20.1 12.6 19.3 23.0 39.9 63.4 1951
1951 8.3 7.3 10.0 13.5 19.0 20.8 16.7 18.2 16.5 13.8 20.8 19.9 22.2 25.4 28.2 27.6 22.4 18.6 12.2 17.3 19.6 29.1 34.0 9.9 1952
1952 8.3 7.4 9.9 13.3 18.5 20.2 16.2 17.6 16.1 13.5 20.0 19.1 21.1 23.9 26.4 25.6 20.8 17.3 11.7 15.9 17.4 23.7 25.1 9.4 8.9 1953
1953 7.5 6.6 9.0 12.2 17.0 18.5 14.7 16.0 14.4 11.9 17.8 16.8 18.5 20.8 22.8 21.8 17.2 13.8 8.6 11.7 12.2 15.9 15.0 2.3 -1.3 -10.6 1954
1954 9.2 8.4 10.8 14.0 18.7 20.3 16.7 18.0 16.6 14.3 20.1 19.4 21.1 23.5 25.6 24.9 20.9 18.1 13.8 17.2 18.5 22.9 23.5 15.2 17.0 21.2 64.4 1955
1955 9.7 8.9 11.3 14.3 18.9 20.4 17.0 18.3 17.0 14.8 20.3 19.6 21.3 23.5 25.4 24.8 21.1 18.6 14.7 17.9 19.1 23.0 23.6 16.9 18.7 22.1 42.7 23.8 1956
1956 9.4 8.7 10.9 13.8 18.2 19.6 16.3 17.5 16.2 14.1 19.2 18.5 20.0 22.0 23.7 23.0 19.5 17.1 13.5 16.2 17.0 20.1 20.2 14.2 15.0 16.6 27.4 12.2 1.7 1957
1957 8.3 7.6 9.7 12.4 16.5 17.7 14.6 15.6 14.3 12.3 17.0 16.2 17.5 19.2 20.5 19.6 16.3 13.9 10.4 12.5 12.9 15.0 14.5 8.8 8.6 8.5 13.9 0.8 -9.0 -18.6 1958
1958 10.1 9.4 11.5 14.3 18.3 19.6 16.6 17.7 16.5 14.6 19.3 18.7 20.0 21.8 23.3 22.6 19.6 17.5 14.5 16.8 17.6 20.1 20.1 15.6 16.5 17.8 24.4 16.1 13.6 20.1 77.0 1959
1959 10.2 9.6 11.6 14.3 18.2 19.4 16.5 17.6 16.4 14.7 19.1 18.5 19.8 21.4 22.8 22.1 19.3 17.3 14.5 16.7 17.4 19.6 19.6 15.5 16.3 17.4 22.8 15.8 13.9 18.3 42.7 15.0 1960
1960 9.5 8.9 10.8 13.3 17.1 18.2 15.4 16.3 15.2 13.5 17.6 17.0 18.1 19.6 20.7 20.0 17.3 15.4 12.6 14.5 14.9 16.7 16.5 12.6 12.9 13.4 17.3 10.9 8.5 10.3 22.0 1.3 -10.7 1961
1961 10.1 9.4 11.4 13.8 17.4 18.6 15.9 16.8 15.7 14.1 18.1 17.5 18.6 20.0 21.1 20.5 17.9 16.1 13.6 15.4 15.9 17.7 17.5 14.0 14.4 15.1 18.8 13.4 11.7 13.8 23.8 9.9 7.4 29.2 1962
1962 9.4 8.8 10.6 13.0 16.4 17.5 14.8 15.7 14.6 13.0 16.8 16.2 17.2 18.5 19.4 18.7 16.2 14.5 12.0 13.6 13.9 15.4 15.1 11.8 11.9 12.2 15.1 10.1 8.3 9.4 16.1 4.5 1.2 7.7 -10.3 1963
1963 9.9 9.4 11.1 13.5 16.8 17.8 15.3 16.1 15.1 13.6 17.3 16.7 17.6 18.9 19.9 19.2 16.9 15.2 12.9 14.5 14.8 16.3 16.1 13.0 13.3 13.7 16.5 12.1 10.7 12.1 18.2 9.0 7.6 14.5 7.8 29.6 1964
1964 10.3 9.8 11.5 13.8 17.1 18.1 15.6 16.4 15.5 14.0 17.6 17.0 18.0 19.2 20.1 19.5 17.2 15.7 13.6 15.1 15.4 16.9 16.7 13.9 14.2 14.7 17.3 13.4 12.3 13.7 19.2 11.6 11.0 17.2 13.4 27.5 25.5 1965
1965 11.0 10.5 12.2 14.5 17.7 18.7 16.3 17.1 16.2 14.8 18.3 17.8 18.7 20.0 20.9 20.3 18.2 16.8 14.8 16.3 16.7 18.1 18.0 15.5 15.9 16.4 19.0 15.6 14.8 16.3 21.7 15.3 15.4 21.4 19.6 31.6 32.6 40.1 1966
1966 10.4 9.9 11.6 13.7 16.8 17.7 15.4 16.2 15.3 13.9 17.2 16.7 17.5 18.7 19.5 18.9 16.8 15.4 13.5 14.8 15.1 16.4 16.2 13.7 14.0 14.3 16.5 13.2 12.3 13.4 17.7 11.8 11.4 15.6 13.1 19.8 16.7 12.5 -9.6 1967
1967 11.6 11.1 12.8 15.0 18.0 19.0 16.7 17.5 16.7 15.4 18.7 18.2 19.1 20.2 21.1 20.6 18.6 17.4 15.5 17.0 17.4 18.7 18.6 16.4 16.8 17.4 19.7 16.8 16.2 17.7 22.1 17.1 17.4 22.1 20.9 28.4 28.1 28.9 23.7 69.3 1968
1968 12.4 12.0 13.6 15.7 18.8 19.7 17.6 18.3 17.5 16.3 19.5 19.1 20.0 21.2 22.0 21.6 19.7 18.5 16.8 18.2 18.7 20.0 20.1 18.0 18.5 19.1 21.4 18.8 18.5 20.0 24.3 20.0 20.5 25.2 24.6 31.6 32.0 33.7 31.6 58.8 49.0 1969
1969 11.2 10.7 12.3 14.3 17.2 18.0 15.9 16.6 15.8 14.6 17.6 17.2 17.9 19.0 19.7 19.2 17.4 16.1 14.4 15.7 16.0 17.1 17.0 14.9 15.2 15.6 17.4 14.8 14.2 15.3 18.6 14.4 14.3 17.5 16.2 20.5 19.1 17.8 12.8 21.5 3.0 -28.9 1970
1970 10.9 10.4 11.9 13.9 16.7 17.5 15.4 16.1 15.3 14.1 17.0 16.5 17.3 18.2 18.9 18.4 16.6 15.4 13.8 14.9 15.2 16.2 16.0 14.0 14.3 14.6 16.3 13.8 13.1 14.0 17.0 13.0 12.8 15.5 14.1 17.6 15.9 14.4 9.9 15.4 1.5 -16.2 -1.3 1971
1971 11.0 10.5 12.0 13.9 16.6 17.4 15.4 16.1 15.3 14.1 16.9 16.5 17.2 18.1 18.8 18.3 16.6 15.4 13.8 14.9 15.2 16.1 16.0 14.1 14.3 14.6 16.2 13.8 13.3 14.1 16.9 13.2 13.0 15.5 14.2 17.3 15.8 14.5 10.7 15.3 4.8 -6.8 6.6 15.1 1972
1972 10.9 10.5 11.9 13.8 16.4 17.2 15.2 15.8 15.1 13.9 16.7 16.2 16.9 17.8 18.4 17.9 16.2 15.1 13.6 14.6 14.9 15.8 15.6 13.8 14.0 14.2 15.7 13.5 12.9 13.7 16.2 12.8 12.6 14.8 13.6 16.3 14.9 13.6 10.3 14.0 5.4 -3.4 7.0 11.4 7.8 1973
1973 9.8 9.3 10.7 12.5 15.0 15.7 13.8 14.3 13.6 12.4 15.0 14.5 15.1 15.9 16.5 15.9 14.3 13.1 11.6 12.5 12.7 13.5 13.2 11.4 11.5 11.6 12.8 10.6 9.9 10.4 12.6 9.2 8.8 10.5 9.1 11.0 9.3 7.6 4.2 6.3 -1.6 -9.5 -3.9 -4.7 -13.3 -30.2 1974
1974 9.1 8.7 10.0 11.7 14.1 14.8 12.9 13.4 12.6 11.5 14.0 13.5 14.0 14.8 15.2 14.7 13.1 11.9 10.5 11.3 11.4 12.1 11.8 10.0 10.0 10.1 11.1 9.0 8.3 8.6 10.5 7.3 6.8 8.2 6.7 8.3 6.5 4.8 1.5 2.9 -4.1 -10.9 -6.8 -8.2 -14.8 -24.3 -17.8 1975
1975 10.1 9.6 11.0 12.7 15.1 15.7 13.9 14.5 13.7 12.6 15.1 14.7 15.2 16.0 16.5 16.0 14.4 13.4 12.0 12.8 13.0 13.7 13.5 11.8 11.9 12.0 13.2 11.2 10.6 11.1 13.0 10.1 9.8 11.3 10.1 11.9 10.5 9.2 6.6 8.5 2.7 -2.7 2.6 3.3 0.6 -1.7 16.7 65.8 1976
1976 10.9 10.5 11.8 13.5 15.9 16.6 14.8 15.4 14.7 13.6 16.0 15.6 16.2 17.0 17.5 17.1 15.6 14.6 13.2 14.1 14.3 15.1 14.9 13.3 13.5 13.7 14.9 13.0 12.5 13.1 15.1 12.3 12.2 13.8 12.8 14.7 13.6 12.7 10.5 12.7 7.7 3.5 9.2 11.0 10.2 10.8 29.3 62.1 58.6 1977
1977 11.1 10.7 12.0 13.7 16.0 16.7 15.0 15.5 14.8 13.8 16.2 15.8 16.4 17.1 17.6 17.2 15.8 14.8 13.5 14.4 14.6 15.3 15.1 13.7 13.8 14.0 15.2 13.4 12.9 13.5 15.4 12.8 12.7 14.3 13.4 15.2 14.2 13.4 11.4 13.6 9.1 5.4 10.7 12.6 12.1 13.0 27.5 47.6 39.3 22.4 1978
1978 11.3 11.0 12.2 13.9 16.2 16.8 15.1 15.7 15.0 14.0 16.4 16.0 16.5 17.3 17.8 17.4 16.0 15.0 13.8 14.6 14.8 15.5 15.4 14.0 14.1 14.3 15.5 13.8 13.4 13.9 15.8 13.3 13.2 14.7 13.9 15.7 14.8 14.1 12.3 14.3 10.3 7.0 12.0 13.8 13.6 14.6 26.6 41.0 33.6 22.7 23.0 1979
1979 11.8 11.4 12.7 14.3 16.5 17.2 15.5 16.1 15.4 14.5 16.8 16.4 17.0 17.7 18.2 17.8 16.5 15.6 14.4 15.2 15.4 16.1 16.0 14.7 14.8 15.1 16.2 14.6 14.2 14.8 16.6 14.3 14.3 15.8 15.0 16.7 16.0 15.4 13.8 15.8 12.2 9.4 14.2 16.0 16.1 17.4 28.0 39.9 34.1 26.8 29.0 35.4 1980
1980 12.0 11.6 12.9 14.5 16.7 17.3 15.7 16.3 15.6 14.7 17.0 16.6 17.2 17.9 18.4 18.0 16.7 15.8 14.6 15.5 15.7 16.4 16.3 15.0 15.1 15.4 16.5 14.9 14.6 15.2 16.9 14.7 14.7 16.2 15.5 17.2 16.5 15.9 14.5 16.4 13.1 10.5 15.1 16.8 17.0 18.2 27.5 37.2 32.1 26.2 27.5 29.8 24.4 1981
1981 12.1 11.8 13.0 14.6 16.8 17.4 15.8 16.3 15.7 14.8 17.0 16.7 17.2 17.9 18.4 18.0 16.8 15.9 14.8 15.6 15.8 16.5 16.4 15.1 15.3 15.5 16.6 15.1 14.8 15.4 17.1 15.0 15.0 16.4 15.8 17.3 16.7 16.2 14.8 16.7 13.6 11.3 15.5 17.1 17.4 18.5 26.6 34.6 30.0 25.0 25.7 26.6 22.4 20.3 1982
1982 12.5 12.2 13.4 15.0 17.1 17.8 16.2 16.7 16.2 15.2 17.4 17.1 17.7 18.3 18.8 18.5 17.2 16.4 15.3 16.1 16.4 17.1 17.0 15.8 16.0 16.2 17.3 15.8 15.6 16.1 17.8 15.8 15.8 17.2 16.7 18.2 17.7 17.2 16.0 17.8 15.0 12.9 17.0 18.7 19.0 20.2 27.7 34.9 31.0 26.9 27.8 29.1 27.0 28.4 36.9 1983
1983 13.1 12.8 14.0 15.5 17.7 18.3 16.8 17.3 16.8 15.9 18.0 17.7 18.3 19.0 19.5 19.1 17.9 17.2 16.1 16.9 17.2 17.9 17.8 16.7 16.9 17.1 18.2 16.9 16.6 17.2 18.9 17.0 17.1 18.5 18.0 19.5 19.1 18.7 17.6 19.5 16.9 15.0 19.0 20.8 21.3 22.6 29.7 36.4 33.1 29.8 31.1 32.8 32.2 34.9 42.8 48.9 1984
1984 12.9 12.6 13.8 15.3 17.4 18.0 16.5 17.0 16.4 15.6 17.7 17.4 17.9 18.6 19.0 18.7 17.5 16.8 15.7 16.5 16.7 17.4 17.3 16.2 16.4 16.6 17.6 16.3 16.1 16.6 18.2 16.4 16.4 17.7 17.2 18.7 18.2 17.8 16.7 18.4 16.0 14.2 17.8 19.3 19.6 20.7 26.8 32.5 29.2 25.9 26.5 27.1 25.4 25.7 27.5 23.1 1.7 1985
1985 13.2 12.8 14.0 15.5 17.6 18.2 16.7 17.2 16.7 15.8 17.9 17.6 18.1 18.8 19.3 18.9 17.8 17.0 16.0 16.8 17.0 17.7 17.6 16.5 16.7 17.0 18.0 16.7 16.5 17.0 18.6 16.8 16.9 18.1 17.7 19.1 18.6 18.3 17.3 19.0 16.7 15.0 18.5 19.9 20.3 21.3 27.0 32.2 29.2 26.3 26.8 27.4 26.1 26.4 27.9 25.1 14.6 29.2 1986
1986 13.1 12.8 13.9 15.4 17.4 18.0 16.6 17.0 16.5 15.7 17.7 17.4 17.9 18.6 19.0 18.7 17.6 16.8 15.9 16.6 16.8 17.4 17.4 16.3 16.5 16.7 17.7 16.4 16.2 16.7 18.2 16.5 16.6 17.8 17.3 18.6 18.2 17.9 16.9 18.4 16.2 14.6 17.9 19.2 19.5 20.4 25.5 30.0 27.2 24.4 24.6 24.8 23.4 23.2 23.8 20.7 12.6 18.4 8.6 1987
1987 12.7 12.4 13.6 15.0 16.9 17.5 16.1 16.6 16.0 15.2 17.2 16.9 17.4 18.0 18.4 18.1 17.0 16.3 15.3 16.0 16.2 16.8 16.7 15.6 15.8 16.0 16.9 15.7 15.5 15.9 17.3 15.6 15.7 16.8 16.3 17.5 17.1 16.7 15.8 17.1 15.0 13.4 16.4 17.5 17.7 18.4 23.0 26.8 24.0 21.3 21.2 21.0 19.3 18.6 18.3 14.9 7.6 9.7 1.1 -5.9 1988
1988 13.1 12.8 13.9 15.3 17.2 17.8 16.4 16.9 16.3 15.5 17.5 17.2 17.7 18.3 18.7 18.4 17.3 16.6 15.7 16.4 16.6 17.2 17.1 16.1 16.3 16.5 17.4 16.2 16.0 16.5 17.8 16.2 16.3 17.4 16.9 18.1 17.7 17.4 16.5 17.8 15.8 14.4 17.3 18.4 18.6 19.3 23.7 27.3 24.8 22.3 22.3 22.2 20.8 20.4 20.4 17.8 12.5 15.3 11.0 12.3 34.0 1989
1989 13.1 12.8 13.9 15.2 17.1 17.7 16.3 16.8 16.3 15.5 17.4 17.1 17.6 18.2 18.6 18.3 17.2 16.6 15.6 16.3 16.5 17.1 17.0 16.0 16.2 16.4 17.3 16.1 15.9 16.4 17.7 16.1 16.2 17.2 16.8 18.0 17.5 17.2 16.4 17.7 15.7 14.3 17.1 18.2 18.3 19.0 23.0 26.4 23.9 21.6 21.5 21.4 20.1 19.6 19.5 17.2 12.7 15.0 11.7 12.7 23.4 13.7 1990
1990 12.3 12.1 13.1 14.4 16.3 16.8 15.5 15.9 15.4 14.6 16.4 16.2 16.6 17.1 17.5 17.2 16.2 15.5 14.6 15.2 15.4 15.9 15.8 14.8 14.9 15.1 15.9 14.8 14.5 14.9 16.1 14.6 14.6 15.5 15.1 16.1 15.7 15.3 14.4 15.5 13.6 12.2 14.7 15.6 15.6 16.0 19.6 22.4 19.9 17.6 17.2 16.7 15.2 14.3 13.6 11.0 6.5 7.3 3.4 2.1 4.9 -7.2 -24.2 1991
1991 12.8 12.5 13.6 14.9 16.7 17.3 16.0 16.4 15.9 15.1 17.0 16.7 17.1 17.7 18.1 17.8 16.7 16.1 15.2 15.8 16.0 16.5 16.5 15.5 15.6 15.8 16.6 15.5 15.3 15.7 16.9 15.5 15.5 16.4 16.0 17.1 16.7 16.3 15.5 16.6 14.9 13.6 16.0 16.9 17.0 17.5 20.9 23.7 21.5 19.3 19.1 18.8 17.6 16.9 16.6 14.5 10.9 12.2 9.6 9.8 14.2 8.2 5.6 47.1 1992
1992 13.1 12.9 13.9 15.2 17.0 17.5 16.3 16.7 16.2 15.5 17.3 17.0 17.4 18.0 18.4 18.1 17.1 16.4 15.6 16.2 16.4 16.9 16.9 15.9 16.1 16.3 17.0 16.0 15.8 16.2 17.4 16.0 16.0 17.0 16.6 17.6 17.2 17.0 16.2 17.3 15.6 14.4 16.8 17.7 17.8 18.3 21.6 24.3 22.2 20.3 20.1 19.9 18.8 18.3 18.2 16.4 13.3 14.8 12.9 13.6 18.0 14.3 14.5 40.8 34.8 1993
1993 13.3 13.0 14.1 15.4 17.2 17.7 16.4 16.8 16.4 15.6 17.4 17.1 17.6 18.1 18.5 18.2 17.2 16.6 15.8 16.4 16.6 17.1 17.1 16.1 16.3 16.5 17.3 16.2 16.1 16.5 17.6 16.3 16.3 17.2 16.9 17.9 17.5 17.2 16.5 17.6 16.0 14.8 17.1 18.0 18.1 18.7 21.8 24.4 22.4 20.6 20.5 20.3 19.3 18.9 18.8 17.3 14.5 16.0 14.5 15.3 19.3 16.6 17.3 35.7 30.3 25.9 1994
1994 13.1 12.9 13.9 15.2 16.9 17.4 16.2 16.6 16.1 15.4 17.1 16.9 17.3 17.8 18.2 17.9 16.9 16.3 15.5 16.1 16.3 16.8 16.7 15.8 16.0 16.1 16.9 15.9 15.7 16.1 17.2 15.9 15.9 16.8 16.4 17.4 17.0 16.7 16.0 17.0 15.4 14.3 16.5 17.3 17.4 17.9 20.8 23.2 21.3 19.5 19.3 19.1 18.1 17.7 17.5 16.0 13.4 14.6 13.1 13.6 16.8 14.1 14.2 26.5 20.3 13.7 2.6 1995
1995 13.4 13.1 14.1 15.4 17.1 17.6 16.4 16.8 16.4 15.7 17.4 17.1 17.5 18.0 18.4 18.1 17.2 16.6 15.8 16.4 16.6 17.1 17.0 16.1 16.3 16.5 17.2 16.2 16.1 16.5 17.6 16.3 16.3 17.2 16.8 17.8 17.4 17.2 16.5 17.5 16.0 14.9 17.1 17.9 18.0 18.4 21.3 23.6 21.8 20.1 20.0 19.8 18.9 18.5 18.4 17.1 14.8 16.0 14.8 15.5 18.5 16.4 16.9 27.5 23.0 19.3 16.1 31.5 1996
1996 13.6 13.3 14.3 15.5 17.3 17.7 16.5 17.0 16.5 15.8 17.5 17.3 17.7 18.2 18.5 18.3 17.4 16.8 16.0 16.6 16.7 17.2 17.2 16.3 16.5 16.7 17.4 16.5 16.3 16.7 17.8 16.5 16.5 17.4 17.1 18.0 17.7 17.4 16.8 17.8 16.3 15.3 17.4 18.1 18.3 18.7 21.5 23.7 22.0 20.4 20.3 20.1 19.3 19.0 18.9 17.7 15.6 16.8 15.8 16.5 19.3 17.6 18.1 27.2 23.6 20.9 19.3 28.6 25.8 1997
1997 13.9 13.6 14.6 15.9 17.6 18.0 16.9 17.3 16.8 16.2 17.8 17.6 18.0 18.5 18.9 18.6 17.7 17.2 16.4 17.0 17.1 17.6 17.6 16.8 16.9 17.1 17.8 16.9 16.8 17.2 18.2 17.0 17.1 17.9 17.6 18.6 18.2 18.0 17.4 18.4 17.0 16.0 18.1 18.8 19.0 19.5 22.2 24.3 22.7 21.2 21.1 21.0 20.3 20.1 20.0 19.0 17.1 18.4 17.5 18.4 21.1 19.7 20.5 28.8 26.0 24.3 23.8 31.9 32.1 38.6 1998
1998 13.6 13.3 14.3 15.5 17.2 17.6 16.5 16.9 16.4 15.8 17.4 17.2 17.6 18.1 18.4 18.1 17.3 16.7 15.9 16.5 16.7 17.1 17.1 16.3 16.4 16.6 17.3 16.4 16.2 16.6 17.6 16.4 16.4 17.3 16.9 17.8 17.5 17.3 16.6 17.6 16.2 15.2 17.2 17.9 18.0 18.4 20.9 22.9 21.3 19.8 19.7 19.6 18.8 18.5 18.4 17.3 15.4 16.5 15.5 16.2 18.4 16.9 17.3 23.9 20.9 18.7 17.3 21.3 18.1 14.4 -5.5 1999
1999 13.5 13.3 14.2 15.4 17.0 17.5 16.3 16.7 16.3 15.6 17.2 17.0 17.4 17.9 18.2 18.0 17.1 16.5 15.8 16.3 16.5 16.9 16.9 16.1 16.2 16.4 17.1 16.2 16.0 16.4 17.4 16.2 16.2 17.0 16.7 17.5 17.2 17.0 16.4 17.3 15.9 15.0 16.8 17.5 17.6 18.0 20.4 22.3 20.7 19.3 19.2 19.0 18.2 17.9 17.8 16.7 15.0 15.9 15.0 15.5 17.5 16.1 16.4 22.0 19.2 17.1 15.7 18.6 15.5 12.3 1.1 8.1 2000
2000 13.6 13.4 14.3 15.5 17.1 17.5 16.4 16.8 16.4 15.7 17.3 17.1 17.4 17.9 18.2 18.0 17.1 16.6 15.8 16.4 16.5 17.0 17.0 16.2 16.3 16.5 17.1 16.3 16.1 16.4 17.4 16.3 16.3 17.1 16.8 17.6 17.3 17.1 16.5 17.3 16.0 15.1 16.9 17.6 17.7 18.1 20.4 22.2 20.7 19.3 19.2 19.0 18.3 18.0 17.9 16.9 15.2 16.2 15.3 15.8 17.7 16.4 16.7 21.8 19.3 17.5 16.3 18.8 16.4 14.2 7.0 13.9 20.0 2001
2001 13.8 13.6 14.5 15.6 17.2 17.7 16.6 16.9 16.5 15.9 17.5 17.2 17.6 18.1 18.4 18.2 17.3 16.8 16.1 16.6 16.8 17.2 17.2 16.4 16.5 16.7 17.3 16.5 16.4 16.7 17.7 16.6 16.6 17.3 17.1 17.9 17.6 17.4 16.8 17.7 16.4 15.5 17.3 17.9 18.0 18.4 20.7 22.4 21.0 19.7 19.6 19.4 18.7 18.5 18.4 17.5 16.0 16.8 16.1 16.6 18.4 17.3 17.6 22.4 20.2 18.7 17.8 20.2 18.4 16.9 12.1 18.6 24.2 28.6 2002
2002 13.5 13.2 14.1 15.3 16.8 17.3 16.2 16.5 16.1 15.5 17.0 16.8 17.1 17.6 17.9 17.7 16.8 16.3 15.6 16.1 16.2 16.7 16.6 15.9 16.0 16.1 16.8 15.9 15.8 16.1 17.0 15.9 15.9 16.7 16.4 17.1 16.8 16.6 16.0 16.8 15.6 14.7 16.4 17.0 17.1 17.4 19.5 21.1 19.7 18.5 18.3 18.1 17.4 17.1 17.0 16.0 14.5 15.3 14.5 14.9 16.4 15.3 15.4 19.5 17.3 15.6 14.5 16.1 14.1 12.3 7.6 11.2 12.2 8.5 -8.4 2003
2003 14.0 13.8 14.7 15.9 17.4 17.8 16.8 17.1 16.7 16.1 17.6 17.4 17.8 18.2 18.6 18.3 17.5 17.0 16.3 16.8 17.0 17.4 17.4 16.7 16.8 17.0 17.6 16.8 16.6 17.0 17.9 16.9 16.9 17.6 17.4 18.1 17.9 17.7 17.1 18.0 16.8 16.0 17.7 18.3 18.4 18.7 20.9 22.5 21.2 20.0 19.9 19.7 19.1 18.9 18.8 18.0 16.7 17.5 16.9 17.4 19.1 18.1 18.5 22.6 20.7 19.5 18.9 20.9 19.6 18.8 15.7 20.5 23.9 25.2 23.5 66.6 2004
2004 14.2 13.9 14.8 16.0 17.5 17.9 16.9 17.2 16.8 16.2 17.7 17.5 17.9 18.3 18.7 18.4 17.6 17.1 16.4 17.0 17.1 17.5 17.5 16.8 16.9 17.1 17.7 16.9 16.8 17.1 18.0 17.0 17.0 17.8 17.5 18.3 18.0 17.8 17.3 18.1 17.0 16.2 17.8 18.4 18.5 18.9 21.0 22.5 21.3 20.1 20.0 19.9 19.3 19.1 19.1 18.3 17.0 17.8 17.3 17.8 19.3 18.5 18.8 22.7 21.0 19.9 19.4 21.2 20.1 19.4 16.9 21.1 23.9 24.9 23.6 43.7 23.9 2005
2005 14.1 13.9 14.7 15.8 17.3 17.8 16.7 17.1 16.7 16.1 17.6 17.4 17.7 18.2 18.5 18.2 17.5 17.0 16.3 16.8 16.9 17.4 17.3 16.6 16.7 16.9 17.5 16.7 16.6 16.9 17.8 16.8 16.8 17.5 17.3 18.0 17.7 17.6 17.0 17.8 16.7 15.9 17.5 18.1 18.2 18.5 20.5 22.0 20.8 19.6 19.5 19.4 18.8 18.6 18.6 17.8 16.6 17.3 16.8 17.2 18.6 17.8 18.1 21.6 20.0 18.9 18.3 19.9 18.8 18.0 15.7 19.0 21.0 21.2 19.4 30.4 15.4 7.4 2006
2006 14.2 13.9 14.8 15.9 17.4 17.8 16.8 17.1 16.8 16.2 17.6 17.4 17.8 18.2 18.5 18.3 17.5 17.0 16.4 16.9 17.0 17.4 17.4 16.7 16.8 17.0 17.6 16.8 16.7 17.0 17.9 16.9 16.9 17.6 17.4 18.1 17.8 17.7 17.2 17.9 16.8 16.1 17.6 18.2 18.3 18.6 20.5 22.0 20.8 19.7 19.6 19.5 18.9 18.7 18.7 18.0 16.8 17.5 17.0 17.4 18.8 18.0 18.3 21.6 20.1 19.1 18.6 20.0 19.0 18.4 16.3 19.4 21.1 21.2 19.8 28.2 17.4 14.3 21.6 2007
2007 13.8 13.6 14.4 15.5 17.0 17.4 16.3 16.7 16.3 15.7 17.1 16.9 17.3 17.7 18.0 17.8 17.0 16.5 15.8 16.3 16.5 16.9 16.8 16.1 16.2 16.4 17.0 16.2 16.1 16.4 17.2 16.2 16.2 16.9 16.6 17.3 17.1 16.9 16.4 17.1 16.0 15.3 16.7 17.3 17.3 17.6 19.4 20.8 19.6 18.5 18.4 18.3 17.7 17.4 17.3 16.6 15.4 16.1 15.5 15.8 17.0 16.2 16.4 19.3 17.8 16.7 16.1 17.2 16.1 15.2 13.1 15.4 16.4 15.8 13.9 18.9 9.3 4.8 3.6 -11.8 2008
2008 13.0 12.7 13.6 14.6 16.0 16.4 15.4 15.7 15.3 14.8 16.1 15.9 16.2 16.6 16.9 16.6 15.9 15.4 14.7 15.2 15.3 15.7 15.6 14.9 15.0 15.1 15.6 14.9 14.7 15.0 15.8 14.8 14.8 15.4 15.1 15.8 15.5 15.2 14.7 15.4 14.3 13.5 14.9 15.4 15.4 15.6 17.3 18.5 17.3 16.2 16.0 15.8 15.2 14.9 14.7 13.9 12.7 13.1 12.5 12.7 13.7 12.7 12.7 15.2 13.5 12.3 11.5 12.1 10.8 9.6 7.3 8.7 8.7 7.4 4.6 7.0 -2.1 -7.7 -12.2 -25.4 -36.9 2009
2009 13.4 13.2 14.0 15.0 16.4 16.8 15.8 16.1 15.8 15.2 16.5 16.3 16.7 17.1 17.3 17.1 16.4 15.9 15.2 15.7 15.8 16.2 16.1 15.5 15.6 15.7 16.2 15.5 15.3 15.6 16.4 15.4 15.4 16.0 15.8 16.4 16.1 15.9 15.4 16.1 15.1 14.3 15.7 16.2 16.2 16.4 18.1 19.3 18.2 17.2 17.0 16.8 16.2 16.0 15.8 15.1 14.0 14.5 13.9 14.1 15.1 14.3 14.3 16.8 15.4 14.3 13.6 14.4 13.3 12.3 10.4 12.0 12.4 11.5 9.6 12.4 5.3 1.9 0.6 -5.6 -2.3 51.2 2010
2010 13.6 13.4 14.2 15.2 16.6 17.0 16.0 16.3 16.0 15.4 16.7 16.5 16.8 17.2 17.5 17.3 16.6 16.1 15.5 15.9 16.0 16.4 16.4 15.7 15.8 15.9 16.4 15.7 15.6 15.9 16.6 15.7 15.7 16.3 16.1 16.7 16.4 16.3 15.8 16.4 15.4 14.7 16.1 16.5 16.6 16.8 18.4 19.7 18.5 17.5 17.4 17.2 16.7 16.4 16.3 15.6 14.5 15.1 14.5 14.8 15.8 15.0 15.1 17.5 16.1 15.2 14.6 15.4 14.4 13.6 11.9 13.4 13.9 13.3 11.8 14.6 8.6 6.3 6.0 2.5 7.7 40.7 31.0 2011
2011 13.3 13.1 13.9 14.9 16.3 16.7 15.7 16.0 15.6 15.1 16.4 16.2 16.5 16.9 17.1 16.9 16.2 15.7 15.1 15.5 15.6 16.0 15.9 15.3 15.4 15.5 16.0 15.3 15.2 15.4 16.2 15.2 15.2 15.8 15.6 16.2 15.9 15.7 15.2 15.9 14.9 14.2 15.5 15.9 15.9 16.1 17.7 18.9 17.8 16.8 16.6 16.4 15.9 15.6 15.4 14.8 13.7 14.2 13.6 13.8 14.8 14.0 14.0 16.2 14.9 13.9 13.3 13.9 12.9 12.1 10.4 11.8 12.1 11.4 9.8 12.0 6.6 4.3 3.8 0.6 3.9 22.8 10.6 -6.6 2012
2012 13.3 13.1 13.9 14.9 16.3 16.7 15.7 16.0 15.6 15.1 16.4 16.2 16.5 16.9 17.1 16.9 16.2 15.7 15.1 15.5 15.7 16.0 16.0 15.3 15.4 15.5 16.0 15.3 15.2 15.4 16.2 15.3 15.3 15.8 15.6 16.2 15.9 15.7 15.3 15.9 14.9 14.2 15.5 15.9 15.9 16.2 17.7 18.8 17.7 16.8 16.6 16.4 15.9 15.6 15.5 14.8 13.8 14.3 13.7 14.0 14.8 14.1 14.1 16.3 15.0 14.0 13.4 14.1 13.1 12.4 10.8 12.1 12.4 11.8 10.4 12.5 7.7 5.8 5.6 3.1 6.4 21.2 12.6 4.4 16.6 2013
2013 13.6 13.4 14.2 15.2 16.6 16.9 16.0 16.3 15.9 15.4 16.7 16.5 16.8 17.2 17.4 17.2 16.5 16.1 15.5 15.9 16.0 16.4 16.3 15.7 15.8 15.9 16.4 15.7 15.6 15.9 16.6 15.7 15.7 16.3 16.1 16.6 16.4 16.2 15.8 16.4 15.4 14.8 16.0 16.5 16.5 16.7 18.2 19.3 18.3 17.4 17.2 17.1 16.6 16.4 16.2 15.6 14.7 15.1 14.7 14.9 15.8 15.1 15.2 17.3 16.1 15.2 14.7 15.4 14.6 13.9 12.6 13.9 14.3 13.9 12.7 14.9 10.7 9.3 9.5 7.9 11.6 25.1 19.3 15.7 28.7 42.0 2014
2014 13.5 13.3 14.1 15.1 16.4 16.8 15.8 16.1 15.8 15.2 16.5 16.3 16.6 17.0 17.2 17.0 16.3 15.9 15.3 15.7 15.8 16.2 16.1 15.5 15.6 15.7 16.2 15.5 15.4 15.6 16.3 15.5 15.5 16.0 15.8 16.4 16.1 15.9 15.5 16.1 15.2 14.5 15.7 16.2 16.2 16.4 17.8 18.9 17.9 17.0 16.8 16.7 16.2 16.0 15.8 15.2 14.3 14.7 14.2 14.5 15.3 14.6 14.7 16.7 15.5 14.7 14.2 14.8 14.0 13.3 12.0 13.2 13.5 13.1 12.0 13.9 10.0 8.7 8.8 7.3 10.4 21.2 15.9 12.5 19.6 21.2 3.5 2015
2015 13.2 13.0 13.8 14.8 16.1 16.4 15.5 15.8 15.4 14.9 16.2 16.0 16.2 16.6 16.8 16.6 15.9 15.5 14.9 15.3 15.4 15.8 15.7 15.1 15.2 15.3 15.7 15.1 14.9 15.2 15.9 15.0 15.0 15.5 15.3 15.8 15.6 15.4 15.0 15.5 14.6 14.0 15.1 15.5 15.6 15.7 17.1 18.2 17.2 16.3 16.1 15.9 15.4 15.2 15.0 14.4 13.5 13.9 13.4 13.6 14.3 13.7 13.7 15.5 14.4 13.6 13.0 13.6 12.7 12.1 10.8 11.8 12.0 11.5 10.4 12.0 8.3 7.0 7.0 5.5 7.9 16.4 11.5 7.9 11.9 10.4 -2.7 -8.4 2016
2016 13.5 13.3 14.1 15.0 16.3 16.7 15.7 16.0 15.7 15.2 16.4 16.2 16.5 16.9 17.1 16.9 16.2 15.8 15.2 15.6 15.7 16.0 16.0 15.4 15.5 15.6 16.1 15.4 15.3 15.5 16.2 15.4 15.4 15.9 15.7 16.2 16.0 15.8 15.4 15.9 15.0 14.4 15.6 16.0 16.0 16.2 17.6 18.6 17.6 16.7 16.6 16.4 16.0 15.7 15.6 15.0 14.1 14.5 14.1 14.3 15.1 14.4 14.5 16.3 15.2 14.5 14.0 14.5 13.8 13.2 12.0 13.1 13.4 13.0 12.0 13.6 10.3 9.3 9.4 8.3 10.8 18.9 14.8 12.4 16.6 16.6 9.1 12.1 37.2 2017
2017 13.4 13.2 14.0 14.9 16.2 16.5 15.6 15.9 15.6 15.1 16.3 16.1 16.4 16.7 17.0 16.8 16.1 15.7 15.1 15.5 15.6 15.9 15.9 15.3 15.3 15.4 15.9 15.3 15.1 15.4 16.0 15.2 15.2 15.7 15.5 16.0 15.8 15.6 15.2 15.8 14.9 14.3 15.4 15.8 15.8 16.0 17.3 18.3 17.4 16.5 16.4 16.2 15.7 15.5 15.4 14.8 13.9 14.3 13.9 14.1 14.8 14.2 14.2 16.0 14.9 14.2 13.7 14.2 13.5 12.9 11.8 12.8 13.0 12.6 11.7 13.2 10.1 9.1 9.3 8.2 10.4 17.5 13.9 11.6 15.0 14.7 8.7 10.5 21.4 7.4 2018
2018 13.1 12.9 13.6 14.5 15.8 16.1 15.2 15.5 15.2 14.7 15.9 15.7 15.9 16.3 16.5 16.3 15.6 15.2 14.6 15.0 15.1 15.4 15.4 14.8 14.9 14.9 15.4 14.8 14.6 14.8 15.5 14.7 14.7 15.2 14.9 15.4 15.2 15.0 14.6 15.1 14.2 13.6 14.7 15.1 15.1 15.3 16.5 17.5 16.5 15.7 15.5 15.3 14.9 14.6 14.5 13.9 13.0 13.4 12.9 13.1 13.8 13.1 13.1 14.8 13.7 13.0 12.5 12.9 12.2 11.6 10.4 11.3 11.5 11.0 10.0 11.3 8.4 7.3 7.3 6.2 8.0 14.0 10.5 8.1 10.4 9.4 3.9 4.0 8.5 -3.6 -13.4
1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
1928
1928
1929
35.4
2.7
1929
-22.0 1930
Dimensional US Targeted Value Index
1930 -14.4 -31.9 -40.6 1931 1928–2018: Total Returns (%)
1931 -26.7 -40.3 -47.7 -54.0 1932
1932 -23.6 -33.8 -37.3 -35.6 -9.7 1933
1933 -8.2 -15.0 -13.2 -1.5 44.2 130.2 1934
1934 -6.6 -12.2 -10.1 -0.3 29.1 54.3 3.5 1935 Growth of $1
$100,000
1935 -0.6 -4.9 -1.7 8.7 34.7 53.9 25.9 53.1 1936
1936 4.7 1.4 5.3 15.8 39.4 55.3 36.2 56.3 59.6 1937 $57,417
$10,000
1937 -2.3 -5.8 -3.5 3.4 18.4 24.9 7.2 8.5 -8.6 -47.7 1938
1938 0.6 -2.3 0.1 6.9 20.6 26.5 12.2 14.5 4.0 -16.1 34.6 1939
1939 0.0 -2.7 -0.6 5.3 16.8 21.1 8.8 9.9 1.2 -13.0 12.1 -6.6 1940 $1,000
1940 -0.5 -3.0 -1.1 4.1 14.0 17.3 6.6 7.1 -0.3 -11.4 5.7 -6.4 -6.1 1941
1941 -0.8 -3.2 -1.4 3.3 12.0 14.7 5.1 5.3 -1.0 -10.1 3.0 -5.8 -5.4 -4.6 1942 $100
1942 0.9 -1.2 0.6 5.2 13.4 16.0 7.5 8.0 2.7 -4.5 7.7 1.8 4.8 10.7 28.5 1943
1943 3.7 1.9 3.8 8.4 16.4 19.2 11.6 12.5 8.2 2.4 14.5 10.9 15.8 24.2 41.6 56.1 1944 $10
1944 5.6 4.0 6.0 10.5 18.2 20.9 14.0 15.1 11.6 6.7 18.1 15.5 20.6 28.4 41.7 48.8 41.9 1945
1945 8.3 6.9 9.0 13.5 21.0 23.8 17.6 18.9 16.0 11.9 23.1 21.5 27.0 34.9 47.1 53.9 52.8 64.6 1946 $1
1946 7.2 5.8 7.7 11.8 18.6 21.0 15.1 16.1 13.3 9.4 18.8 16.9 20.8 26.0 33.1 34.3 27.8 21.3 -10.7 1947
1947 7.0 5.7 7.5 11.3 17.6 19.7 14.2 15.1 12.4 8.9 17.1 15.3 18.4 22.4 27.6 27.4 21.1 14.9 -4.0 3.2 1948 $0
1948 6.5 5.2 6.9 10.4 16.2 18.1 13.0 13.7 11.1 7.8 15.1 13.3 15.8 18.9 22.7 21.7 15.8 10.1 -3.8 -0.1 -3.3 1949 1928 2018
1950 8.6 7.5 9.2 12.6 18.0 19.8 15.3 16.0 13.9 11.2 17.8 16.5 18.9 21.8 25.1 24.7 20.7 17.5 9.9 15.7 20.2 34.0 50.9 1951
1951 8.8 7.8 9.4 12.6 17.7 19.4 15.1 15.8 13.8 11.3 17.5 16.3 18.4 20.9 23.8 23.3 19.7 16.9 10.4 15.2 18.4 26.6 30.6 13.0 1952
1952 8.9 7.9 9.5 12.5 17.4 19.0 14.9 15.6 13.7 11.3 17.1 15.9 17.9 20.1 22.7 22.1 18.8 16.2 10.6 14.6 17.0 22.7 23.9 12.3 11.6 1953
1953 8.2 7.3 8.7 11.6 16.2 17.6 13.7 14.3 12.4 10.1 15.4 14.2 15.8 17.7 19.8 19.1 15.9 13.3 8.1 11.1 12.5 15.9 15.2 5.3 1.6 -7.5 1954
1954 9.9 9.0 10.5 13.4 17.9 19.3 15.7 16.3 14.6 12.6 17.7 16.8 18.5 20.5 22.7 22.2 19.5 17.5 13.2 16.6 18.6 22.7 23.5 17.5 19.0 22.9 63.2 1955
1955 10.3 9.4 10.9 13.6 18.0 19.4 15.9 16.5 14.9 13.0 17.9 17.0 18.6 20.5 22.5 22.1 19.6 17.8 13.9 17.0 18.9 22.4 23.0 18.1 19.4 22.1 40.2 20.5 1956
1956 10.1 9.3 10.7 13.3 17.5 18.8 15.4 16.0 14.5 12.6 17.2 16.3 17.9 19.5 21.4 20.9 18.5 16.7 13.2 15.9 17.4 20.2 20.4 16.0 16.6 17.8 27.7 13.0 6.0 1957
1957 9.0 8.2 9.5 12.0 15.9 17.1 13.8 14.3 12.8 10.9 15.2 14.2 15.5 16.9 18.4 17.8 15.4 13.6 10.1 12.3 13.2 15.2 14.7 10.3 9.9 9.6 14.3 1.5 -6.8 -18.1 1958
1958 10.5 9.8 11.1 13.6 17.4 18.6 15.5 16.0 14.7 12.9 17.2 16.3 17.7 19.2 20.8 20.3 18.2 16.7 13.6 16.0 17.2 19.5 19.5 16.1 16.5 17.4 23.1 14.7 12.8 16.4 65.4 1959
1959 10.7 10.0 11.3 13.7 17.4 18.6 15.6 16.1 14.8 13.1 17.2 16.4 17.7 19.1 20.6 20.1 18.2 16.8 13.9 16.1 17.2 19.3 19.3 16.2 16.6 17.4 22.1 15.3 14.0 16.8 39.4 17.5 1960
1960 10.1 9.4 10.6 12.9 16.5 17.5 14.7 15.1 13.8 12.2 16.0 15.2 16.4 17.6 18.9 18.4 16.5 15.1 12.4 14.2 15.1 16.8 16.6 13.6 13.7 14.0 17.4 11.2 9.4 10.3 21.7 4.4 -7.2 1961
1961 10.6 10.0 11.1 13.4 16.9 17.9 15.1 15.6 14.3 12.8 16.5 15.8 16.9 18.1 19.4 19.0 17.2 15.9 13.3 15.2 16.1 17.7 17.6 14.9 15.1 15.5 18.8 13.5 12.4 13.8 23.5 12.0 9.3 28.9 1962
1962 10.0 9.3 10.4 12.6 15.9 16.9 14.2 14.6 13.3 11.9 15.3 14.6 15.6 16.7 17.8 17.3 15.5 14.2 11.8 13.4 14.1 15.5 15.2 12.6 12.6 12.7 15.2 10.3 8.9 9.4 15.9 6.0 2.5 7.7 -10.0 1963
1963 10.4 9.7 10.8 13.0 16.2 17.1 14.5 14.9 13.7 12.3 15.7 15.0 16.0 17.0 18.1 17.7 16.0 14.8 12.5 14.1 14.8 16.1 15.9 13.5 13.6 13.8 16.2 11.8 10.8 11.5 17.4 9.6 7.7 13.2 6.1 25.2 1964
1964 10.7 10.1 11.2 13.2 16.4 17.3 14.8 15.2 14.0 12.7 15.9 15.3 16.2 17.3 18.3 17.9 16.3 15.2 13.0 14.5 15.2 16.5 16.3 14.2 14.3 14.5 16.7 12.9 12.1 12.9 18.2 11.7 10.6 15.5 11.4 24.0 22.8 1965
1965 11.3 10.7 11.8 13.9 16.9 17.9 15.4 15.8 14.8 13.5 16.6 16.0 17.0 18.0 19.1 18.7 17.2 16.1 14.1 15.6 16.4 17.6 17.5 15.6 15.8 16.1 18.3 14.9 14.4 15.4 20.4 15.1 14.7 19.6 17.4 28.3 29.9 37.4 1966
1966 10.8 10.2 11.2 13.2 16.1 17.0 14.6 15.0 13.9 12.6 15.6 15.0 15.9 16.8 17.8 17.4 15.9 14.9 12.9 14.2 14.9 16.0 15.8 13.9 13.9 14.1 16.0 12.7 12.0 12.7 16.7 11.7 10.9 14.3 11.6 17.7 15.4 11.8 -9.0 1967
1967 11.8 11.3 12.3 14.3 17.2 18.1 15.8 16.2 15.2 14.0 17.0 16.4 17.3 18.3 19.3 19.0 17.6 16.7 14.8 16.2 16.9 18.1 18.0 16.3 16.6 16.9 18.9 16.0 15.6 16.6 20.7 16.6 16.5 20.3 19.0 25.8 25.9 27.0 22.1 63.8 1968
1968 12.5 12.0 13.0 15.0 17.9 18.7 16.5 16.9 16.0 14.8 17.8 17.2 18.2 19.1 20.1 19.8 18.5 17.7 16.0 17.3 18.1 19.2 19.3 17.7 18.0 18.4 20.4 17.8 17.6 18.6 22.6 19.0 19.2 23.0 22.2 28.6 29.3 30.9 28.8 53.3 43.5 1969
1969 11.4 10.9 11.9 13.7 16.4 17.3 15.1 15.4 14.5 13.3 16.1 15.5 16.4 17.2 18.1 17.7 16.5 15.5 13.8 15.1 15.6 16.6 16.5 14.9 15.0 15.2 16.8 14.2 13.8 14.4 17.7 14.1 13.7 16.3 14.9 18.9 17.9 17.0 12.4 20.6 3.4 -25.4 1970
1970 11.1 10.5 11.5 13.3 15.9 16.7 14.5 14.9 13.9 12.8 15.5 14.9 15.7 16.5 17.3 16.9 15.7 14.8 13.1 14.2 14.7 15.6 15.5 14.0 14.0 14.1 15.6 13.1 12.6 13.1 15.9 12.6 12.1 14.3 12.7 16.0 14.7 13.4 9.1 14.2 1.3 -14.9 -2.9 1971
1971 11.3 10.7 11.7 13.4 16.0 16.7 14.7 15.0 14.1 13.0 15.6 15.0 15.8 16.6 17.4 17.0 15.8 14.9 13.4 14.4 14.9 15.8 15.7 14.2 14.3 14.4 15.8 13.5 13.0 13.5 16.2 13.1 12.7 14.7 13.4 16.4 15.3 14.3 10.8 15.2 5.5 -4.7 7.7 19.5 1972
1972 11.2 10.7 11.6 13.3 15.8 16.5 14.5 14.8 13.9 12.8 15.3 14.8 15.5 16.3 17.0 16.7 15.5 14.7 13.1 14.2 14.6 15.4 15.3 13.9 13.9 14.1 15.3 13.1 12.7 13.1 15.6 12.7 12.3 14.1 12.8 15.4 14.4 13.4 10.3 13.9 5.9 -1.8 7.6 13.3 7.5 1973
1973 10.1 9.6 10.5 12.1 14.5 15.1 13.2 13.4 12.5 11.5 13.8 13.3 13.9 14.6 15.3 14.9 13.7 12.8 11.3 12.2 12.6 13.3 13.1 11.6 11.6 11.6 12.6 10.5 9.9 10.2 12.2 9.4 8.8 10.1 8.7 10.6 9.2 7.8 4.6 6.7 -0.7 -7.7 -2.6 -2.6 -12.0 -27.9 1974
1974 9.3 8.8 9.7 11.2 13.5 14.1 12.2 12.4 11.5 10.5 12.7 12.2 12.8 13.4 14.0 13.5 12.4 11.5 10.0 10.8 11.1 11.7 11.5 10.1 9.9 9.9 10.8 8.6 8.0 8.2 9.9 7.2 6.5 7.6 6.1 7.5 6.1 4.5 1.4 2.8 -3.9 -10.1 -6.6 -7.5 -15.1 -24.5 -21.0 1975
1975 10.3 9.8 10.6 12.1 14.4 15.1 13.2 13.4 12.6 11.6 13.8 13.3 13.9 14.6 15.2 14.8 13.7 12.9 11.5 12.3 12.7 13.3 13.1 11.8 11.8 11.8 12.7 10.8 10.3 10.5 12.4 9.8 9.4 10.6 9.4 11.0 9.9 8.8 6.3 8.2 2.7 -2.1 2.5 3.6 0.0 -2.4 13.6 63.2 1976
1976 11.0 10.6 11.4 12.9 15.2 15.8 14.0 14.3 13.5 12.5 14.7 14.2 14.9 15.5 16.1 15.8 14.8 14.0 12.7 13.5 13.9 14.6 14.4 13.2 13.2 13.3 14.3 12.4 12.1 12.4 14.3 11.9 11.6 12.9 11.9 13.7 12.8 12.0 10.0 12.1 7.5 3.7 8.6 10.7 9.0 9.4 25.8 58.6 54.2 1977
1977 11.1 10.7 11.5 13.0 15.2 15.9 14.1 14.3 13.5 12.6 14.8 14.3 14.9 15.6 16.2 15.8 14.8 14.1 12.8 13.6 14.0 14.7 14.5 13.3 13.4 13.4 14.4 12.6 12.3 12.6 14.4 12.2 11.9 13.2 12.2 13.9 13.2 12.4 10.6 12.6 8.4 5.1 9.7 11.6 10.4 10.9 23.6 43.4 34.5 17.3 1978
1978 11.3 10.9 11.6 13.1 15.3 15.9 14.2 14.4 13.7 12.7 14.9 14.4 15.0 15.6 16.2 15.9 14.9 14.2 13.0 13.8 14.2 14.8 14.6 13.5 13.5 13.6 14.6 12.9 12.6 12.9 14.6 12.5 12.3 13.5 12.6 14.2 13.5 12.9 11.2 13.0 9.3 6.4 10.6 12.5 11.5 12.2 22.6 36.8 29.0 17.9 18.6 1979
1979 11.7 11.3 12.1 13.5 15.7 16.3 14.6 14.9 14.1 13.2 15.3 14.9 15.5 16.1 16.7 16.4 15.5 14.8 13.6 14.4 14.8 15.4 15.3 14.2 14.3 14.4 15.3 13.7 13.4 13.8 15.5 13.5 13.3 14.5 13.8 15.4 14.8 14.2 12.8 14.6 11.3 8.7 12.9 14.8 14.2 15.2 24.6 36.5 30.5 23.5 26.7 35.4 1980
1980 11.9 11.5 12.3 13.8 15.9 16.5 14.8 15.1 14.3 13.5 15.5 15.1 15.7 16.3 16.9 16.6 15.7 15.0 13.9 14.7 15.1 15.7 15.6 14.6 14.6 14.7 15.6 14.1 13.9 14.2 15.9 14.0 13.8 15.0 14.3 15.9 15.3 14.9 13.5 15.3 12.3 10.0 13.9 15.8 15.4 16.4 24.7 34.5 29.4 23.8 26.1 30.0 24.8 1981
1981 12.0 11.6 12.4 13.8 15.8 16.4 14.8 15.0 14.3 13.5 15.5 15.1 15.7 16.3 16.8 16.6 15.7 15.0 13.9 14.7 15.0 15.6 15.5 14.5 14.6 14.7 15.6 14.1 13.9 14.2 15.8 14.0 13.9 15.0 14.3 15.8 15.3 14.8 13.6 15.2 12.4 10.3 14.0 15.6 15.2 16.1 23.3 31.4 26.7 21.8 23.0 24.5 19.4 14.1 1982
1982 12.3 11.9 12.7 14.1 16.1 16.7 15.1 15.4 14.7 13.9 15.8 15.5 16.0 16.6 17.2 16.9 16.1 15.4 14.3 15.1 15.5 16.1 16.0 15.1 15.1 15.2 16.1 14.7 14.5 14.8 16.4 14.7 14.6 15.7 15.1 16.5 16.1 15.7 14.6 16.2 13.6 11.7 15.3 16.9 16.7 17.6 24.2 31.5 27.5 23.5 24.7 26.3 23.4 22.8 32.0 1983
1983 12.8 12.4 13.2 14.5 16.6 17.2 15.6 15.8 15.2 14.4 16.3 16.0 16.5 17.1 17.7 17.4 16.6 16.0 15.0 15.8 16.1 16.7 16.7 15.8 15.8 16.0 16.9 15.5 15.4 15.7 17.3 15.7 15.6 16.7 16.2 17.6 17.2 16.9 15.9 17.6 15.1 13.5 16.9 18.6 18.5 19.6 25.8 32.5 29.1 25.8 27.3 29.1 27.6 28.5 36.4 40.9 1984
1984 12.6 12.2 13.0 14.3 16.3 16.9 15.3 15.6 14.9 14.1 16.0 15.6 16.2 16.8 17.3 17.1 16.2 15.7 14.6 15.4 15.7 16.3 16.2 15.3 15.4 15.5 16.4 15.1 14.9 15.2 16.7 15.1 15.0 16.0 15.5 16.8 16.5 16.1 15.1 16.6 14.3 12.7 15.9 17.3 17.2 18.0 23.4 29.1 25.7 22.6 23.4 24.2 22.0 21.3 23.9 20.0 2.1 1985
1985 12.9 12.5 13.2 14.6 16.5 17.1 15.6 15.8 15.2 14.4 16.3 16.0 16.5 17.1 17.6 17.4 16.6 16.0 15.0 15.7 16.1 16.7 16.6 15.8 15.8 16.0 16.8 15.5 15.4 15.7 17.1 15.7 15.6 16.6 16.1 17.4 17.1 16.8 15.9 17.3 15.2 13.7 16.8 18.2 18.1 19.0 24.0 29.2 26.3 23.5 24.3 25.1 23.5 23.2 25.6 23.5 15.6 30.9 1986
1986 12.8 12.5 13.2 14.5 16.4 17.0 15.5 15.7 15.1 14.3 16.2 15.8 16.4 16.9 17.4 17.2 16.4 15.9 14.9 15.6 15.9 16.5 16.4 15.6 15.7 15.8 16.6 15.4 15.2 15.5 16.9 15.5 15.4 16.4 15.9 17.1 16.8 16.5 15.6 17.0 14.9 13.5 16.4 17.7 17.6 18.3 22.9 27.5 24.7 22.1 22.6 23.2 21.5 20.9 22.4 20.1 13.8 20.2 10.3 1987
1987 12.6 12.2 12.9 14.2 16.1 16.6 15.1 15.4 14.7 14.0 15.8 15.4 15.9 16.5 17.0 16.7 16.0 15.4 14.4 15.1 15.5 16.0 15.9 15.1 15.1 15.2 16.0 14.8 14.6 14.9 16.2 14.8 14.7 15.6 15.1 16.3 15.9 15.6 14.7 16.0 14.0 12.6 15.2 16.4 16.2 16.8 20.9 25.0 22.2 19.7 19.9 20.0 18.2 17.3 17.9 15.2 9.6 12.2 3.9 -2.2 1988
1988 12.8 12.5 13.2 14.5 16.3 16.8 15.4 15.6 15.0 14.3 16.1 15.7 16.2 16.7 17.2 17.0 16.3 15.7 14.8 15.5 15.8 16.3 16.3 15.5 15.5 15.6 16.4 15.2 15.1 15.4 16.6 15.3 15.2 16.1 15.7 16.8 16.5 16.2 15.4 16.6 14.8 13.5 16.0 17.2 17.0 17.7 21.6 25.4 22.8 20.5 20.8 21.1 19.6 18.9 19.6 17.7 13.5 16.6 12.1 13.1 30.7 1989
1989 12.9 12.6 13.2 14.5 16.3 16.8 15.4 15.6 15.0 14.3 16.1 15.7 16.2 16.7 17.2 17.0 16.3 15.8 14.8 15.5 15.8 16.3 16.3 15.5 15.5 15.7 16.4 15.3 15.1 15.4 16.6 15.3 15.3 16.1 15.7 16.8 16.5 16.2 15.4 16.6 14.8 13.6 16.0 17.1 17.0 17.6 21.2 24.7 22.4 20.2 20.4 20.6 19.2 18.6 19.2 17.5 13.9 16.5 13.1 14.1 23.2 16.2 1990
1990 12.2 11.9 12.5 13.7 15.5 16.0 14.6 14.8 14.2 13.5 15.2 14.8 15.3 15.8 16.2 16.0 15.3 14.7 13.8 14.4 14.7 15.2 15.1 14.3 14.4 14.4 15.1 14.0 13.8 14.0 15.2 13.9 13.8 14.5 14.1 15.1 14.7 14.4 13.6 14.6 12.8 11.6 13.8 14.7 14.4 14.8 18.0 21.0 18.6 16.4 16.4 16.2 14.6 13.6 13.6 11.4 7.8 8.7 4.8 3.4 5.4 -5.4 -22.9 1991
1991 12.7 12.3 13.0 14.2 15.9 16.4 15.1 15.3 14.7 14.0 15.7 15.3 15.8 16.3 16.8 16.5 15.8 15.3 14.4 15.1 15.4 15.8 15.7 15.0 15.1 15.1 15.8 14.7 14.6 14.8 16.0 14.7 14.7 15.4 15.0 16.0 15.7 15.4 14.7 15.7 14.1 12.9 15.1 16.0 15.8 16.3 19.4 22.4 20.2 18.2 18.3 18.3 16.9 16.2 16.4 14.8 11.9 13.4 10.7 10.8 14.3 9.3 6.1 45.9 1992
1992 12.9 12.6 13.3 14.5 16.2 16.7 15.3 15.5 15.0 14.3 15.9 15.6 16.1 16.6 17.0 16.8 16.1 15.6 14.8 15.4 15.7 16.1 16.1 15.4 15.4 15.5 16.2 15.1 15.0 15.3 16.4 15.2 15.1 15.9 15.5 16.5 16.2 16.0 15.2 16.3 14.7 13.6 15.7 16.7 16.5 17.0 20.0 22.8 20.8 19.0 19.1 19.1 18.0 17.4 17.7 16.4 13.9 15.5 13.4 13.9 17.5 14.4 13.8 38.3 31.0 1993
1993 13.1 12.7 13.4 14.6 16.3 16.7 15.4 15.6 15.1 14.4 16.0 15.7 16.2 16.7 17.1 16.9 16.2 15.7 14.9 15.5 15.8 16.3 16.2 15.5 15.6 15.7 16.3 15.3 15.2 15.4 16.5 15.4 15.3 16.1 15.7 16.6 16.4 16.1 15.4 16.5 15.0 13.9 16.0 16.9 16.7 17.2 20.1 22.8 20.8 19.1 19.2 19.3 18.2 17.7 18.0 16.8 14.6 16.1 14.4 15.0 18.1 15.8 15.7 32.5 26.2 21.6 1994
1994 12.9 12.6 13.2 14.3 16.0 16.5 15.2 15.4 14.8 14.2 15.8 15.5 15.9 16.4 16.8 16.6 15.9 15.4 14.6 15.2 15.5 15.9 15.9 15.2 15.2 15.3 15.9 14.9 14.8 15.0 16.1 15.0 14.9 15.6 15.2 16.1 15.8 15.6 14.9 15.9 14.4 13.4 15.3 16.2 16.0 16.4 19.1 21.6 19.7 18.1 18.1 18.1 17.0 16.5 16.7 15.5 13.4 14.6 12.9 13.2 15.6 13.3 12.7 23.9 17.4 11.1 1.5 1995
1995 13.1 12.8 13.5 14.6 16.3 16.7 15.5 15.7 15.1 14.5 16.0 15.7 16.2 16.6 17.1 16.9 16.2 15.8 15.0 15.5 15.8 16.3 16.2 15.5 15.6 15.7 16.3 15.3 15.2 15.5 16.5 15.4 15.4 16.1 15.7 16.6 16.4 16.1 15.5 16.5 15.0 14.1 16.0 16.8 16.7 17.1 19.7 22.1 20.4 18.8 18.9 18.9 18.0 17.5 17.8 16.7 14.9 16.2 14.8 15.3 17.7 15.9 15.9 25.7 21.1 18.0 16.2 33.1 1996
1996 13.3 13.0 13.6 14.8 16.4 16.9 15.6 15.8 15.3 14.7 16.2 15.9 16.3 16.8 17.2 17.0 16.4 15.9 15.2 15.7 16.0 16.4 16.4 15.7 15.8 15.9 16.5 15.6 15.5 15.7 16.7 15.7 15.6 16.3 16.0 16.9 16.6 16.4 15.8 16.7 15.4 14.5 16.3 17.1 17.0 17.5 20.0 22.3 20.6 19.1 19.2 19.3 18.4 18.0 18.3 17.3 15.7 16.9 15.7 16.3 18.5 17.1 17.2 25.7 22.0 19.8 19.2 29.2 25.4 1997
1997 13.6 13.3 13.9 15.1 16.7 17.1 15.9 16.1 15.6 15.0 16.5 16.2 16.7 17.1 17.5 17.3 16.7 16.3 15.5 16.1 16.4 16.8 16.8 16.1 16.2 16.3 16.9 16.0 15.9 16.2 17.2 16.2 16.1 16.8 16.5 17.4 17.1 17.0 16.4 17.3 16.0 15.2 17.0 17.8 17.7 18.2 20.6 22.8 21.3 19.9 20.0 20.1 19.3 19.0 19.3 18.5 17.0 18.3 17.3 17.9 20.2 19.0 19.4 27.1 24.2 22.9 23.2 31.5 30.6 36.0 1998
1998 13.4 13.1 13.7 14.8 16.3 16.8 15.6 15.8 15.3 14.7 16.1 15.9 16.3 16.7 17.1 16.9 16.3 15.9 15.1 15.7 16.0 16.4 16.3 15.7 15.8 15.8 16.4 15.5 15.4 15.7 16.6 15.6 15.6 16.2 15.9 16.7 16.5 16.3 15.7 16.6 15.3 14.5 16.2 17.0 16.9 17.2 19.5 21.6 20.1 18.7 18.8 18.8 18.0 17.6 17.8 17.0 15.5 16.6 15.5 16.0 17.8 16.6 16.6 22.8 19.8 18.1 17.4 21.7 18.1 14.6 -3.4 1999
1999 13.3 13.0 13.6 14.7 16.2 16.7 15.5 15.7 15.2 14.6 16.0 15.8 16.2 16.6 17.0 16.8 16.2 15.8 15.0 15.6 15.8 16.3 16.2 15.6 15.6 15.7 16.3 15.4 15.3 15.5 16.5 15.5 15.4 16.1 15.8 16.6 16.3 16.1 15.6 16.4 15.2 14.4 16.0 16.7 16.6 17.0 19.2 21.1 19.6 18.3 18.4 18.4 17.6 17.2 17.4 16.6 15.2 16.1 15.1 15.5 17.1 16.0 16.0 21.3 18.6 16.9 16.1 19.3 16.1 13.1 3.1 10.1 2000
2000 13.4 13.1 13.7 14.8 16.3 16.8 15.6 15.8 15.3 14.7 16.1 15.8 16.3 16.7 17.1 16.9 16.3 15.9 15.1 15.7 15.9 16.3 16.3 15.7 15.7 15.8 16.4 15.5 15.4 15.6 16.6 15.6 15.6 16.2 15.9 16.7 16.4 16.3 15.7 16.5 15.3 14.6 16.2 16.9 16.8 17.1 19.2 21.1 19.7 18.4 18.5 18.5 17.7 17.4 17.6 16.8 15.5 16.4 15.5 15.9 17.4 16.4 16.4 21.3 18.8 17.4 16.8 19.6 17.1 15.1 8.8 15.5 21.2 2001
2001 13.5 13.3 13.8 14.9 16.4 16.8 15.7 15.9 15.4 14.8 16.2 16.0 16.4 16.8 17.2 17.0 16.4 16.0 15.3 15.8 16.1 16.5 16.4 15.8 15.9 16.0 16.5 15.7 15.6 15.8 16.7 15.8 15.7 16.3 16.1 16.8 16.6 16.4 15.9 16.7 15.5 14.8 16.4 17.0 17.0 17.3 19.4 21.2 19.8 18.6 18.7 18.7 18.0 17.6 17.8 17.1 15.9 16.8 15.9 16.3 17.8 16.8 16.9 21.4 19.2 18.0 17.5 20.0 17.9 16.5 12.1 17.7 21.8 22.4 2002
2002 13.1 12.8 13.4 14.4 15.9 16.3 15.2 15.4 14.9 14.3 15.7 15.4 15.8 16.2 16.6 16.4 15.8 15.4 14.7 15.2 15.4 15.8 15.8 15.2 15.2 15.3 15.8 15.0 14.9 15.1 15.9 15.0 14.9 15.5 15.2 15.9 15.7 15.5 15.0 15.7 14.6 13.8 15.3 15.9 15.8 16.1 18.0 19.7 18.4 17.2 17.2 17.1 16.4 16.0 16.1 15.4 14.1 14.9 14.0 14.2 15.4 14.4 14.2 18.0 15.8 14.4 13.6 15.2 12.8 10.9 6.4 9.0 8.7 2.9 -13.4 2003
2003 13.6 13.4 14.0 15.0 16.4 16.9 15.7 15.9 15.5 14.9 16.3 16.0 16.4 16.8 17.2 17.0 16.4 16.1 15.4 15.9 16.1 16.5 16.5 15.9 16.0 16.0 16.6 15.8 15.7 15.9 16.8 15.9 15.8 16.4 16.1 16.9 16.7 16.5 16.0 16.8 15.7 15.0 16.4 17.1 17.0 17.3 19.3 21.0 19.7 18.6 18.6 18.6 18.0 17.7 17.8 17.2 16.1 16.9 16.2 16.5 17.8 17.0 17.1 20.9 19.0 18.0 17.6 19.5 17.9 16.9 14.0 17.8 19.9 19.4 18.0 60.7 2004
2004 13.8 13.5 14.1 15.1 16.5 17.0 15.8 16.0 15.6 15.0 16.4 16.1 16.5 16.9 17.3 17.1 16.6 16.2 15.5 16.0 16.2 16.6 16.6 16.0 16.1 16.2 16.7 15.9 15.8 16.0 16.9 16.0 16.0 16.6 16.3 17.0 16.8 16.7 16.2 16.9 15.9 15.2 16.6 17.3 17.2 17.5 19.4 21.0 19.8 18.7 18.8 18.8 18.2 17.9 18.1 17.5 16.4 17.2 16.5 16.9 18.1 17.4 17.5 21.0 19.3 18.4 18.1 19.9 18.5 17.7 15.3 18.7 20.5 20.4 19.7 40.8 23.3 2005
2005 13.7 13.4 14.0 15.0 16.4 16.8 15.7 15.9 15.5 14.9 16.3 16.0 16.4 16.8 17.1 17.0 16.4 16.0 15.4 15.9 16.1 16.5 16.4 15.9 15.9 16.0 16.5 15.8 15.7 15.9 16.7 15.9 15.8 16.4 16.1 16.8 16.6 16.5 16.0 16.7 15.7 15.0 16.4 17.0 16.9 17.2 19.0 20.6 19.4 18.3 18.4 18.4 17.8 17.5 17.6 17.1 16.1 16.8 16.1 16.4 17.6 16.8 16.9 20.2 18.5 17.6 17.3 18.8 17.5 16.6 14.4 17.2 18.4 17.9 16.8 29.0 15.6 8.4 2006
2006 13.8 13.5 14.1 15.0 16.5 16.9 15.8 16.0 15.5 15.0 16.3 16.0 16.4 16.8 17.2 17.0 16.5 16.1 15.4 15.9 16.1 16.5 16.5 15.9 16.0 16.1 16.6 15.8 15.7 15.9 16.8 15.9 15.9 16.4 16.2 16.9 16.7 16.5 16.1 16.8 15.8 15.1 16.5 17.1 17.0 17.3 19.0 20.6 19.4 18.4 18.4 18.4 17.8 17.6 17.7 17.1 16.2 16.9 16.2 16.6 17.6 16.9 17.0 20.1 18.5 17.7 17.4 18.8 17.6 16.8 14.9 17.4 18.5 18.0 17.2 26.4 16.7 13.5 18.9 2007
2007 13.4 13.2 13.7 14.7 16.1 16.5 15.4 15.6 15.1 14.6 15.9 15.6 16.0 16.4 16.7 16.6 16.0 15.7 15.0 15.5 15.7 16.0 16.0 15.5 15.5 15.6 16.0 15.3 15.2 15.4 16.2 15.4 15.3 15.8 15.6 16.2 16.0 15.9 15.4 16.1 15.1 14.4 15.7 16.3 16.2 16.4 18.1 19.5 18.4 17.4 17.4 17.3 16.8 16.5 16.6 16.0 15.0 15.6 15.0 15.2 16.2 15.4 15.4 18.2 16.6 15.7 15.3 16.5 15.2 14.3 12.3 14.2 14.7 13.8 12.4 18.5 9.8 5.6 4.3 -8.6 2008
2008 12.7 12.4 12.9 13.9 15.2 15.6 14.5 14.7 14.2 13.7 14.9 14.7 15.0 15.4 15.7 15.5 15.0 14.6 14.0 14.4 14.6 14.9 14.8 14.3 14.3 14.4 14.8 14.1 14.0 14.1 14.9 14.0 14.0 14.4 14.2 14.8 14.5 14.4 13.9 14.5 13.5 12.8 14.0 14.5 14.4 14.6 16.1 17.4 16.2 15.2 15.2 15.0 14.4 14.0 14.0 13.4 12.4 12.9 12.1 12.2 13.0 12.2 11.9 14.3 12.7 11.6 11.0 11.7 10.2 9.0 6.8 7.9 7.7 6.1 3.9 7.1 -1.2 -6.5 -11.0 -23.0 -35.2 2009
2009 13.0 12.8 13.3 14.2 15.6 15.9 14.9 15.1 14.6 14.1 15.3 15.1 15.4 15.8 16.1 15.9 15.4 15.0 14.4 14.9 15.1 15.4 15.3 14.8 14.8 14.9 15.3 14.6 14.5 14.7 15.4 14.6 14.5 15.0 14.8 15.4 15.2 15.0 14.5 15.1 14.2 13.5 14.7 15.2 15.1 15.3 16.9 18.2 17.1 16.1 16.0 16.0 15.4 15.0 15.1 14.5 13.6 14.1 13.4 13.6 14.3 13.6 13.5 15.8 14.3 13.4 12.9 13.7 12.5 11.5 9.7 11.0 11.1 10.0 8.5 12.1 5.5 2.3 0.9 -4.5 -2.4 46.9 2010
2010 13.2 13.0 13.5 14.4 15.7 16.1 15.1 15.2 14.8 14.3 15.5 15.3 15.6 15.9 16.3 16.1 15.6 15.2 14.6 15.1 15.3 15.6 15.5 15.0 15.0 15.1 15.5 14.8 14.7 14.9 15.6 14.8 14.8 15.3 15.0 15.6 15.4 15.3 14.8 15.4 14.5 13.9 15.1 15.5 15.4 15.7 17.2 18.4 17.4 16.4 16.4 16.3 15.8 15.5 15.5 15.0 14.1 14.6 14.0 14.1 14.9 14.2 14.1 16.4 15.0 14.2 13.8 14.6 13.5 12.6 11.0 12.3 12.5 11.7 10.6 14.0 8.5 6.3 5.8 2.8 6.9 37.3 28.3 2011
2011 13.0 12.7 13.2 14.1 15.4 15.8 14.8 14.9 14.5 14.0 15.2 15.0 15.3 15.6 16.0 15.8 15.3 14.9 14.3 14.7 14.9 15.2 15.2 14.7 14.7 14.7 15.2 14.5 14.4 14.5 15.2 14.4 14.4 14.9 14.6 15.2 15.0 14.8 14.4 14.9 14.0 13.4 14.5 15.0 14.9 15.1 16.5 17.8 16.7 15.8 15.7 15.6 15.1 14.8 14.8 14.2 13.4 13.8 13.2 13.3 14.0 13.3 13.2 15.3 14.0 13.1 12.7 13.4 12.2 11.4 9.8 10.9 11.0 10.1 9.0 11.8 6.8 4.7 4.0 1.3 3.9 21.7 10.7 -4.5 2012
2012 13.0 12.8 13.3 14.2 15.5 15.8 14.8 15.0 14.6 14.1 15.3 15.0 15.3 15.7 16.0 15.8 15.3 15.0 14.3 14.8 15.0 15.3 15.2 14.7 14.7 14.8 15.2 14.5 14.4 14.6 15.3 14.5 14.5 14.9 14.7 15.2 15.0 14.9 14.4 15.0 14.1 13.5 14.6 15.1 15.0 15.2 16.6 17.8 16.7 15.8 15.8 15.7 15.2 14.9 14.9 14.4 13.5 14.0 13.4 13.5 14.2 13.5 13.4 15.4 14.2 13.4 13.0 13.6 12.6 11.8 10.4 11.4 11.5 10.8 9.8 12.4 8.0 6.3 5.9 3.9 6.6 20.8 13.1 6.2 18.2 2013
2013 13.4 13.1 13.6 14.5 15.8 16.1 15.2 15.3 14.9 14.4 15.6 15.4 15.7 16.0 16.3 16.2 15.7 15.3 14.7 15.2 15.4 15.7 15.6 15.1 15.2 15.2 15.6 15.0 14.9 15.0 15.7 15.0 14.9 15.4 15.2 15.7 15.5 15.4 15.0 15.6 14.7 14.1 15.2 15.7 15.6 15.8 17.2 18.4 17.4 16.5 16.5 16.4 15.9 15.7 15.7 15.2 14.4 14.9 14.4 14.5 15.2 14.6 14.6 16.6 15.4 14.7 14.3 15.1 14.1 13.5 12.2 13.4 13.6 13.0 12.3 15.0 11.2 9.9 10.1 8.9 12.1 25.1 20.2 17.6 30.5 44.0 2014
2014 13.2 13.0 13.5 14.3 15.6 16.0 15.0 15.1 14.7 14.2 15.4 15.2 15.5 15.8 16.1 16.0 15.5 15.1 14.5 15.0 15.1 15.4 15.4 14.9 14.9 15.0 15.4 14.7 14.6 14.8 15.5 14.7 14.7 15.1 14.9 15.4 15.3 15.1 14.7 15.3 14.4 13.8 14.9 15.3 15.3 15.4 16.8 17.9 16.9 16.1 16.1 16.0 15.5 15.2 15.3 14.8 14.0 14.4 13.9 14.0 14.7 14.1 14.0 15.9 14.7 14.1 13.7 14.4 13.4 12.8 11.6 12.6 12.8 12.2 11.4 13.8 10.3 9.1 9.1 8.0 10.6 20.9 16.3 13.4 20.1 21.1 1.8 2015
2015 12.9 12.7 13.2 14.1 15.3 15.6 14.7 14.8 14.4 13.9 15.1 14.8 15.1 15.5 15.8 15.6 15.1 14.8 14.2 14.6 14.8 15.1 15.0 14.5 14.5 14.6 15.0 14.3 14.2 14.4 15.0 14.3 14.2 14.7 14.4 14.9 14.8 14.6 14.2 14.7 13.9 13.3 14.4 14.8 14.7 14.8 16.1 17.2 16.2 15.4 15.4 15.3 14.8 14.5 14.5 14.0 13.2 13.6 13.1 13.2 13.8 13.2 13.1 14.8 13.7 13.0 12.6 13.2 12.3 11.6 10.4 11.3 11.3 10.7 9.9 12.0 8.6 7.4 7.3 6.1 8.1 16.3 11.8 8.8 12.4 10.5 -3.2 -8.1 2016
2016 13.1 12.9 13.4 14.2 15.5 15.8 14.9 15.0 14.6 14.1 15.3 15.0 15.3 15.7 16.0 15.8 15.3 15.0 14.4 14.8 15.0 15.3 15.2 14.8 14.8 14.8 15.2 14.6 14.5 14.6 15.3 14.6 14.5 15.0 14.7 15.2 15.1 14.9 14.5 15.0 14.2 13.7 14.7 15.1 15.0 15.2 16.5 17.5 16.6 15.8 15.8 15.7 15.2 14.9 15.0 14.5 13.8 14.2 13.7 13.8 14.4 13.8 13.7 15.4 14.4 13.7 13.4 14.0 13.1 12.5 11.4 12.3 12.4 11.9 11.3 13.3 10.3 9.2 9.3 8.4 10.5 18.1 14.5 12.3 16.0 15.4 7.2 10.1 31.7 2017
2017 13.1 12.9 13.4 14.2 15.4 15.8 14.8 15.0 14.6 14.1 15.2 15.0 15.3 15.6 15.9 15.8 15.3 15.0 14.4 14.8 15.0 15.2 15.2 14.7 14.8 14.8 15.2 14.6 14.5 14.6 15.3 14.5 14.5 14.9 14.7 15.2 15.0 14.9 14.5 15.0 14.2 13.7 14.7 15.1 15.0 15.1 16.4 17.4 16.5 15.7 15.7 15.6 15.1 14.9 14.9 14.4 13.7 14.1 13.6 13.7 14.3 13.8 13.7 15.3 14.3 13.7 13.4 13.9 13.1 12.5 11.5 12.3 12.5 12.0 11.3 13.2 10.4 9.5 9.6 8.8 10.7 17.5 14.2 12.3 15.4 14.9 8.6 10.9 21.8 12.7 2018
2018 12.8 12.6 13.0 13.9 15.1 15.4 14.4 14.6 14.2 13.7 14.8 14.6 14.9 15.2 15.5 15.3 14.8 14.5 13.9 14.3 14.5 14.8 14.7 14.2 14.3 14.3 14.7 14.0 13.9 14.1 14.7 14.0 13.9 14.3 14.1 14.6 14.4 14.3 13.9 14.4 13.6 13.0 14.0 14.4 14.3 14.4 15.6 16.6 15.7 14.9 14.8 14.8 14.3 14.0 14.0 13.5 12.8 13.2 12.7 12.7 13.3 12.7 12.6 14.1 13.1 12.5 12.1 12.6 11.8 11.2 10.1 10.8 10.9 10.3 9.7 11.3 8.6 7.6 7.6 6.7 8.2 13.9 10.7 8.7 10.7 9.5 3.6 4.1 8.5 -1.5 -13.9
1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
MSCI World ex USA Index MSCI All Country World ex USA Index
Growth of $1 1988 Growth of $1

$100,000 1988 27.9 1989 $100,000
1989 19.7 12.0 1990
$10,000 1990 3.4 -7.0 -22.7 1991 $10,000
1991 6.0 -0.5 -6.2 14.0 1992
$1,000 1992 2.4 -3.2 -7.8 0.7 -11.0 1993 $1,000
$71 1993 7.2 3.4 1.4 11.0 9.6 34.9 1994
$100 1994 7.1 4.0 2.4 9.9 8.6 19.9 6.6 1995 $100
1995 7.4 4.8 3.6 9.9 8.9 16.5 8.3 9.9 1996 $5.48
$10 1996 7.4 5.0 4.1 9.4 8.5 14.0 7.7 8.3 6.7 1997 $10
1997 6.8 4.7 3.8 8.3 7.4 11.5 6.3 6.2 4.3 2.0 1998
$1 1998 7.5 5.6 4.9 9.0 8.4 12.0 7.9 8.2 7.6 8.1 14.5 1999 $1
1999 9.3 7.7 7.3 11.3 11.0 14.5 11.4 12.4 13.0 15.2 22.4 30.9 2000
$0 2000 7.2 5.6 5.0 8.3 7.7 10.3 7.2 7.3 6.7 6.7 8.4 5.4 -15.1 2001 $0
1970 2018 2001 5.0 3.4 2.7 5.4 4.6 6.5 3.4 3.0 1.8 0.9 0.6 -3.6 -17.3 -19.5 2002 1988 2018
2002 3.6 2.0 1.3 3.6 2.7 4.2 1.2 0.6 -0.7 -1.9 -2.7 -6.5 -16.4 -17.1 -14.7 2003
2003 5.6 4.3 3.7 6.1 5.5 7.1 4.7 4.4 3.8 3.4 3.6 1.5 -4.7 -1.0 9.8 41.4 2004
2004 6.5 5.3 4.8 7.1 6.6 8.2 6.1 6.0 5.6 5.5 6.0 4.6 0.0 4.2 13.6 31.0 21.4 2005
2005 7.0 5.9 5.5 7.8 7.3 8.9 7.0 7.0 6.7 6.7 7.3 6.3 2.7 6.7 14.4 26.2 19.2 17.1 2006
2006 8.0 7.0 6.7 8.9 8.6 10.1 8.4 8.5 8.4 8.6 9.3 8.7 5.9 9.8 16.9 26.4 21.8 22.0 27.2 2007
2007 8.4 7.5 7.3 9.3 9.1 10.6 9.0 9.2 9.1 9.3 10.1 9.6 7.2 10.8 16.9 24.5 20.6 20.4 22.0 17.1 2008
2008 5.0 3.9 3.5 5.2 4.7 5.8 4.1 3.9 3.5 3.2 3.3 2.3 -0.5 1.5 4.9 8.6 3.0 -1.1 -6.6 -19.9 -45.2 2009
2009 6.4 5.5 5.2 6.9 6.5 7.7 6.2 6.1 5.9 5.8 6.1 5.4 3.1 5.4 9.0 12.8 8.7 6.3 3.8 -3.0 -11.8 42.1 2010
2010 6.6 5.8 5.5 7.1 6.8 7.9 6.5 6.5 6.2 6.2 6.5 5.9 3.9 6.0 9.3 12.7 9.1 7.2 5.3 0.4 -4.6 25.9 11.6 2011
2011 5.7 4.9 4.5 6.1 5.7 6.6 5.3 5.2 4.9 4.8 5.0 4.3 2.3 4.1 6.8 9.4 6.0 4.0 1.9 -2.5 -6.8 11.2 -1.6 -13.3 2012
2012 6.2 5.4 5.1 6.6 6.2 7.2 5.9 5.8 5.6 5.5 5.7 5.2 3.4 5.1 7.7 10.2 7.2 5.6 4.0 0.6 -2.4 12.7 4.3 0.9 17.4 2013
2013 6.5 5.8 5.5 6.9 6.6 7.5 6.3 6.3 6.1 6.1 6.3 5.8 4.2 5.9 8.3 10.7 8.0 6.6 5.4 2.6 0.4 13.3 7.1 5.6 16.6 15.8 2014
2014 6.1 5.4 5.1 6.5 6.2 7.0 5.8 5.8 5.6 5.5 5.7 5.2 3.7 5.2 7.4 9.5 6.9 5.6 4.4 1.8 -0.2 10.3 4.9 3.3 9.5 5.7 -3.4 2015
2015 5.7 5.0 4.7 6.0 5.7 6.5 5.3 5.3 5.0 4.9 5.1 4.6 3.1 4.5 6.4 8.2 5.9 4.6 3.4 1.0 -0.8 8.0 3.1 1.5 5.6 1.9 -4.3 -5.3 2016
2016 5.7 5.0 4.7 5.9 5.6 6.4 5.3 5.2 5.0 4.9 5.1 4.6 3.2 4.5 6.3 8.0 5.8 4.6 3.5 1.4 -0.2 7.6 3.4 2.1 5.5 2.7 -1.3 -0.3 5.0 2017
2017 6.4 5.7 5.5 6.7 6.4 7.2 6.2 6.1 6.0 5.9 6.1 5.7 4.5 5.7 7.6 9.2 7.2 6.2 5.4 3.6 2.3 9.7 6.2 5.4 8.9 7.3 5.3 8.3 15.8 27.8 2018
2018 5.6 5.0 4.7 5.9 5.6 6.3 5.3 5.2 5.0 4.9 5.1 4.6 3.4 4.5 6.2 7.6 5.7 4.6 3.7 2.0 0.7 7.1 3.7 2.8 5.3 3.4 1.1 2.3 5.0 5.0 -13.8
1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
1970
1970 -13.4 1971
1971 7.4 33.3 1972
1972 17.4 36.8 40.4 1973
1973 9.7 18.7 12.0 -10.7 1974
1974 3.3 8.0 0.7 -14.7 -18.5 1975
1975 7.8 12.6 7.9 -1.1 4.0 32.8 1976
1976 7.1 11.0 7.0 0.0 3.9 17.3 3.6 1977
1977 8.4 11.9 8.7 3.3 7.1 17.3 10.3 17.5 1978
1978 10.9 14.4 11.9 7.7 11.9 21.1 17.4 25.1 33.1 1979
1979 10.9 14.0 11.8 8.2 11.7 19.0 15.8 20.2 21.5 10.9 1980
1980 12.1 15.1 13.2 10.2 13.6 20.0 17.6 21.5 22.8 18.0 25.4 1981
1981
1982
10.8 13.4 11.5 8.7 11.4 16.5 14.0 16.3 15.9 10.7 10.6
10.0 12.2 10.4 7.8 10.1 14.3 11.9 13.3 12.5 7.9 6.9
-2.5
-1.4
1982
-0.3 1983
Dimensional International Adjusted Market Index
1983 11.0 13.1 11.5 9.2 11.5 15.4 13.4 14.9 14.5 11.1 11.1 6.7 11.6 24.8 1984 1990–2018: Total Returns (%)
1984 10.4 12.4 10.9 8.7 10.7 14.2 12.3 13.4 12.8 9.8 9.5 5.9 8.8 13.6 3.5 1985
1985 12.6 14.6 13.4 11.6 13.6 17.1 15.7 17.1 17.0 14.9 15.6 13.7 18.2 25.0 25.2 51.4 1986
1986 15.2 17.3 16.3 14.8 17.0 20.6 19.5 21.2 21.7 20.3 21.7 21.1 26.5 34.2 37.5 58.5 65.8 1987
1987 15.7 17.7 16.8 15.4 17.5 20.9 19.9 21.5 22.0 20.8 22.1 21.6 26.1 32.2 34.1 46.2 43.7 24.6 1988 Growth of $1
$100,000
1988 16.3 18.3 17.4 16.1 18.2 21.4 20.5 22.1 22.5 21.5 22.7 22.3 26.4 31.5 32.8 41.4 38.2 26.2 27.8 1989
1989 16.1 17.9 17.1 15.8 17.7 20.7 19.8 21.2 21.5 20.5 21.5 21.1 24.4 28.4 29.0 34.8 31.0 21.1 19.3 11.4 1990 1990
1990 13.8 15.4 14.5 13.3 14.9 17.3 16.4 17.4 17.3 16.1 16.6 15.8 18.0 20.5 19.9 22.9 17.8 8.2 3.2 -7.3 -22.8 1991 1990 -22.2 1991 $10,000
1991 13.8 15.3 14.4 13.2 14.7 17.0 16.1 17.0 17.0 15.8 16.2 15.4 17.4 19.6 18.9 21.3 16.9 9.0 5.4 -1.1 -6.8 12.4 1992 1991 -8.3 8.1 1992
1992 12.5 13.9 13.0 11.8 13.1 15.2 14.3 15.0 14.8 13.6 13.8 12.9 14.4 16.0 15.0 16.5 12.3 5.2 1.7 -3.9 -8.6 -0.5 -11.9 1993 1992 -10.9 -4.6 -15.8 1993 $1,000
1993 13.3 14.6 13.8 12.7 14.0 16.1 15.2 15.9 15.8 14.8 15.0 14.3 15.8 17.4 16.7 18.2 14.6 8.7 6.3 2.5 0.3 9.5 8.1 32.6 1994 1993 -1.9 5.9 4.9 30.6 1994
1994 13.1 14.3 13.6 12.5 13.7 15.6 14.8 15.5 15.3 14.3 14.5 13.8 15.1 16.5 15.8 17.1 13.8 8.6 6.5 3.3 1.8 9.0 7.9 19.5 7.6 1995 1994 0.8 7.5 7.3 21.1 12.4 1995 $100
1995 13.0 14.2 13.5 12.4 13.6 15.4 14.6 15.3 15.1 14.2 14.4 13.7 14.9 16.2 15.5 16.6 13.6 8.9 7.1 4.5 3.4 9.6 8.9 16.8 9.7 11.8 1996 1995 1.7 7.3 7.1 16.0 9.4 6.5 1996 $4.85
1996 12.8 13.9 13.2 12.2 13.3 15.1 14.3 14.8 14.7 13.8 13.9 13.2 14.4 15.5 14.8 15.8 13.0 8.8 7.1 4.8 3.9 9.2 8.5 14.4 8.8 9.5 7.2 1997 1996 2.4 7.3 7.1 13.7 8.6 6.7 7.0 1997 $10
1997 12.4 13.5 12.8 11.8 12.9 14.5 13.7 14.2 14.1 13.1 13.3 12.6 13.6 14.6 13.9 14.7 12.1 8.2 6.7 4.6 3.7 8.2 7.5 11.9 7.2 7.1 4.9 2.6 1998 1997 1.6 5.5 5.1 9.8 5.2 2.9 1.2 -4.3 1998
1998 12.6 13.7 13.0 12.1 13.1 14.7 13.9 14.4 14.3 13.4 13.6 12.9 13.9 14.9 14.2 15.0 12.6 9.1 7.8 5.9 5.3 9.5 9.1 13.1 9.5 10.0 9.4 10.5 19.1 1999 1998 3.0 6.6 6.4 10.7 7.1 5.8 5.5 4.8 14.8 1999 $1
1999 13.1 14.2 13.5 12.7 13.7 15.2 14.5 15.0 14.9 14.1 14.3 13.7 14.7 15.6 15.1 15.9 13.7 10.4 9.3 7.8 7.4 11.5 11.3 15.1 12.4 13.4 13.8 16.1 23.6 28.3 2000 1999 5.2 8.7 8.8 12.9 10.2 9.7 10.6 11.8 20.8 27.2 2000
2000 12.2 13.1 12.5 11.6 12.5 13.9 13.2 13.7 13.5 12.7 12.8 12.2 13.0 13.8 13.2 13.8 11.7 8.6 7.4 5.9 5.4 8.7 8.3 11.1 8.4 8.5 7.8 8.0 9.9 5.5 -13.2 2001 2000 4.1 7.1 7.0 10.3 7.7 6.9 7.0 7.0 11.0 9.2 -6.2 2001 $0
2001 10.9 11.8 11.2 10.3 11.1 12.4 11.7 12.0 11.8 11.0 11.0 10.3 11.0 11.6 10.9 11.4 9.3 6.3 5.1 3.5 2.9 5.6 4.9 7.0 4.1 3.7 2.4 1.4 1.1 -4.2 -17.3 -21.2 2002 2001 2.3 4.8 4.5 7.0 4.4 3.3 2.8 2.0 3.6 0.2 -11.1 -15.7 2002 1990 2018
2002 10.0 10.9 10.2 9.3 10.1 11.3 10.5 10.8 10.6 9.7 9.6 9.0 9.6 10.1 9.3 9.7 7.6 4.8 3.5 2.0 1.3 3.6 2.9 4.5 1.8 1.0 -0.4 -1.6 -2.4 -7.2 -16.7 -18.4 -15.5 2003 2002 1.4 3.7 3.3 5.4 2.9 1.8 1.2 0.2 1.2 -2.0 -10.1 -12.0 -8.1 2003
See Sources and Descriptions of Data.
2003 10.8 11.6 11.0 10.2 11.0 12.1 11.5 11.8 11.6 10.8 10.8 10.2 10.8 11.3 10.7 11.1 9.2 6.6 5.5 4.2 3.7 6.1 5.5 7.3 5.1 4.8 3.9 3.5 3.6 0.8 -5.1 -2.3 8.8 40.0 2004 2003 4.3 6.7 6.6 8.9 7.0 6.4 6.4 6.3 8.2 6.9 2.3 5.4 17.8 51.1 2004
2004 11.1 11.9 11.3 10.5 11.3 12.4 11.8 12.1 11.9 11.1 11.2 10.6 11.2 11.8 11.2 11.6 9.8 7.3 6.4 5.2 4.7 7.1 6.7 8.4 6.4 6.3 5.7 5.5 5.9 3.9 -0.4 3.0 12.6 30.1 20.8 2005 2004 5.7 8.1 8.1 10.3 8.7 8.3 8.5 8.7 10.7 10.0 6.9 10.4 20.8 38.6 27.1 2005
2005 11.2 12.0 11.4 10.6 11.4 12.5 11.9 12.2 12.0 11.3 11.3 10.8 11.4 11.9 11.3 11.7 10.0 7.7 6.8 5.7 5.4 7.6 7.2 8.9 7.1 7.0 6.6 6.5 7.0 5.4 2.0 5.3 13.2 24.8 17.9 15.0 2006 2005 6.6 8.8 8.9 11.1 9.6 9.3 9.6 9.9 11.8 11.4 9.0 12.3 20.7 32.2 23.6 20.3 2006
2006 11.6 12.4 11.8 11.1 11.8 12.9 12.3 12.6 12.5 11.8 11.8 11.3 11.9 12.5 11.9 12.3 10.8 8.6 7.8 6.8 6.5 8.6 8.4 10.0 8.4 8.5 8.2 8.3 9.0 7.8 5.1 8.5 15.7 25.2 20.6 20.5 26.2 2007 2006 7.7 9.9 10.0 12.1 10.8 10.7 11.0 11.5 13.4 13.2 11.3 14.6 21.8 30.7 24.6 23.3 26.4 2007
2007 11.6 12.4 11.8 11.1 11.8 12.9 12.3 12.6 12.5 11.8 11.9 11.4 12.0 12.5 12.0 12.4 10.9 8.8 8.0 7.1 6.8 8.9 8.7 10.2 8.8 8.8 8.6 8.7 9.4 8.3 6.1 9.2 15.2 22.6 18.6 17.9 19.4 12.9 2008 2007 7.7 9.8 9.9 11.9 10.7 10.5 10.9 11.2 12.9 12.7 11.0 13.7 19.5 26.0 20.4 18.3 17.3 8.8 2008
2008 9.7 10.4 9.8 9.1 9.7 10.7 10.0 10.3 10.0 9.3 9.3 8.7 9.2 9.6 9.0 9.2 7.7 5.6 4.8 3.7 3.3 5.0 4.6 5.7 4.1 3.9 3.3 3.0 3.0 1.6 -1.0 0.6 4.2 7.9 2.4 -1.8 -6.8 -19.9 -43.2 2009 2008 4.0 5.7 5.6 7.1 5.7 5.2 5.1 4.9 5.8 5.0 2.8 3.9 7.1 9.9 3.1 -2.2 -8.7 -22.4 -44.6 2009
2009 10.2 10.9 10.4 9.7 10.3 11.3 10.7 10.9 10.7 10.1 10.0 9.5 10.0 10.4 9.9 10.1 8.7 6.7 6.0 5.0 4.7 6.4 6.1 7.2 5.8 5.7 5.3 5.1 5.4 4.2 2.0 3.9 7.5 11.3 7.1 4.6 2.1 -4.9 -12.7 34.4 2010 2009 5.7 7.4 7.3 8.9 7.6 7.3 7.4 7.4 8.5 7.9 6.1 7.6 11.0 14.0 8.8 5.4 2.0 -5.0 -11.3 42.2 2010
2010 10.2 10.9 10.4 9.7 10.3 11.2 10.7 10.9 10.7 10.0 10.0 9.5 10.0 10.4 9.9 10.1 8.7 6.8 6.1 5.2 4.9 6.5 6.2 7.4 6.0 5.9 5.6 5.4 5.7 4.6 2.7 4.4 7.7 11.1 7.4 5.4 3.5 -1.5 -5.8 21.3 9.4 2011 2010 6.1 7.8 7.8 9.2 8.1 7.8 7.9 8.0 9.0 8.5 7.0 8.4 11.5 14.2 9.7 7.1 4.6 -0.2 -3.1 28.2 15.7 2011
2011 9.6 10.3 9.8 9.1 9.6 10.5 10.0 10.1 9.9 9.3 9.3 8.8 9.2 9.5 9.0 9.2 7.8 6.0 5.3 4.4 4.1 5.6 5.3 6.3 5.0 4.8 4.4 4.2 4.3 3.2 1.4 2.8 5.6 8.3 4.8 2.7 0.8 -3.6 -7.4 9.1 -1.7 -11.8 2012 2011 5.2 6.7 6.6 8.0 6.8 6.5 6.5 6.5 7.3 6.8 5.2 6.3 8.8 10.9 6.7 4.0 1.5 -2.8 -5.5 12.9 0.6 -12.4 2012
2012 9.8 10.4 9.9 9.3 9.8 10.7 10.1 10.3 10.1 9.5 9.5 9.0 9.4 9.7 9.3 9.5 8.2 6.4 5.7 4.9 4.6 6.1 5.8 6.8 5.6 5.4 5.1 4.9 5.1 4.2 2.5 3.9 6.6 9.1 6.1 4.4 3.0 -0.5 -2.9 11.0 4.1 1.6 17.0 2013 2012 5.7 7.2 7.1 8.4 7.4 7.1 7.1 7.1 7.9 7.5 6.1 7.2 9.5 11.5 7.8 5.6 3.6 0.3 -1.4 14.0 5.9 1.3 17.2 2013
2013 10.1 10.7 10.2 9.5 10.1 11.0 10.4 10.6 10.4 9.9 9.8 9.4 9.8 10.1 9.7 9.9 8.6 6.9 6.3 5.5 5.3 6.7 6.5 7.4 6.3 6.2 5.9 5.9 6.1 5.3 3.8 5.2 7.8 10.2 7.6 6.2 5.1 2.4 0.8 13.0 8.3 7.9 19.3 21.6 2014 2013 6.4 7.8 7.8 9.1 8.1 7.9 8.0 8.0 8.9 8.5 7.3 8.4 10.7 12.6 9.3 7.5 6.0 3.3 2.5 15.9 10.1 8.3 20.5 23.9 2014
2014 9.7 10.3 9.8 9.2 9.7 10.6 10.0 10.2 10.0 9.4 9.4 9.0 9.3 9.6 9.2 9.4 8.2 6.5 5.9 5.1 4.9 6.3 6.0 6.9 5.8 5.7 5.4 5.3 5.5 4.7 3.2 4.5 6.8 8.9 6.5 5.1 4.1 1.6 0.1 10.0 5.7 4.8 11.0 8.1 -3.9 2015 2014 5.9 7.3 7.3 8.5 7.5 7.3 7.3 7.3 8.1 7.6 6.5 7.4 9.4 11.1 8.0 6.2 4.8 2.4 1.5 12.3 7.1 5.0 11.6 8.9 -4.3 2015
2015 9.4 10.0 9.5 8.9 9.4 10.2 9.7 9.9 9.7 9.1 9.0 8.6 9.0 9.2 8.8 9.0 7.8 6.2 5.6 4.8 4.6 5.9 5.6 6.5 5.4 5.3 5.0 4.9 5.0 4.2 2.9 4.0 6.1 8.0 5.7 4.4 3.4 1.1 -0.2 8.1 4.3 3.3 7.4 4.4 -3.2 -2.6 2016 2015 5.7 7.0 7.0 8.1 7.2 7.0 7.0 7.0 7.6 7.2 6.1 7.0 8.8 10.2 7.4 5.7 4.4 2.2 1.4 10.5 6.0 4.2 8.8 6.1 -1.8 0.8 2016
2016 9.3 9.9 9.4 8.8 9.3 10.0 9.5 9.7 9.5 8.9 8.9 8.5 8.8 9.1 8.6 8.8 7.6 6.1 5.5 4.8 4.6 5.8 5.5 6.3 5.3 5.2 4.9 4.8 4.9 4.2 2.9 4.0 5.9 7.7 5.5 4.3 3.4 1.4 0.1 7.5 4.1 3.3 6.6 4.1 -1.1 0.3 3.3 2017 2016 5.7 7.0 6.9 8.0 7.1 6.9 6.9 6.9 7.5 7.2 6.1 6.9 8.6 9.9 7.3 5.7 4.5 2.5 1.9 9.9 6.0 4.4 8.2 6.1 0.7 3.3 5.8 2017
2017 9.6 10.2 9.7 9.1 9.6 10.4 9.9 10.0 9.9 9.3 9.3 8.9 9.2 9.5 9.1 9.2 8.1 6.7 6.1 5.4 5.2 6.4 6.2 7.0 6.1 6.0 5.7 5.7 5.8 5.2 4.0 5.1 7.0 8.7 6.8 5.8 5.0 3.3 2.4 9.3 6.5 6.1 9.4 8.0 4.8 7.9 13.5 24.8 2018 2017 6.5 7.7 7.7 8.8 8.0 7.8 7.8 7.9 8.5 8.2 7.2 8.1 9.8 11.1 8.7 7.4 6.3 4.7 4.3 11.9 8.6 7.6 11.4 10.2 7.1 11.1 16.7 28.7 2018
2018 9.1 9.6 9.2 8.6 9.0 9.8 9.3 9.4 9.2 8.7 8.6 8.2 8.5 8.8 8.3 8.5 7.4 6.0 5.4 4.7 4.5 5.6 5.4 6.1 5.2 5.1 4.8 4.7 4.8 4.1 3.0 4.0 5.7 7.2 5.3 4.2 3.5 1.8 0.8 6.8 4.1 3.4 5.8 4.0 0.8 2.0 3.6 3.8 -13.6 2018 5.6 6.8 6.7 7.7 6.9 6.6 6.6 6.6 7.2 6.8 5.8 6.5 8.0 9.1 6.8 5.5 4.4 2.7 2.2 8.7 5.5 4.3 6.9 5.3 1.9 3.5 4.4 3.7 -16.4
1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Dimensional International Vector Index Dimensional International Large Cap Growth Index
$100,000 $100,000
1990 1990
1990 -22.3 1991 $10,000 1990 -24.9 1991 $10,000
1991 -8.7 7.2 1992 1991 -8.5 11.6 1992
1992 -11.5 -5.5 -16.7 1993 $1,000 1992 -10.9 -2.9 -15.6 1993 $1,000
1993 -2.2 5.6 4.9 32.0 1994 1993 -3.6 4.8 1.5 22.1 1994
1994 0.9 7.7 7.9 22.7 14.1 1995 $100 1994 -1.4 5.5 3.6 14.7 7.8 1995 $100
1995 1.5 7.1 7.1 16.4 9.4 4.8 1996 1995 0.4 6.4 5.1 13.1 8.8 9.8 1996
$5.02
1996 2.1 6.8 6.7 13.5 8.0 5.0 5.2 1997 $10 1996 1.1 6.3 5.2 11.2 7.7 7.7 5.7 1997 $10 $3.18
1997 0.7 4.5 4.1 8.8 3.7 0.5 -1.7 -8.1 1998 1997 1.2 5.7 4.7 9.3 6.3 5.8 3.9 2.1 1998
1998 1.9 5.4 5.1 9.3 5.2 3.1 2.6 1.3 11.6 1999 $1 1998 3.2 7.4 6.8 11.0 8.9 9.2 9.0 10.7 20.1 1999 $1
1999 3.9 7.3 7.3 11.3 8.1 7.0 7.5 8.3 17.6 23.9 2000 1999 6.8 11.1 11.0 15.5 14.4 15.8 17.3 21.5 32.5 46.2 2000
2000 3.3 6.2 6.1 9.4 6.5 5.3 5.4 5.4 10.3 9.7 -2.9 2001 $0 2000 3.6 7.0 6.5 9.6 7.9 7.9 7.5 8.0 10.1 5.4 -24.0 2001 $0
2001 1.7 4.2 3.9 6.5 3.7 2.3 1.9 1.2 3.7 1.2 -8.5 -13.8 2002 1990 2018 2001 0.8 3.5 2.8 5.0 3.1 2.4 1.2 0.4 -0.1 -6.0 -24.6 -25.2 2002 1990 2018
2002 1.1 3.3 2.9 5.1 2.5 1.2 0.6 -0.1 1.6 -0.8 -7.9 -10.3 -6.5 2003 2002 -0.3 2.1 1.3 3.1 1.2 0.4 -0.8 -1.9 -2.7 -7.7 -20.8 -19.1 -12.4 2003
2003 4.3 6.7 6.6 9.0 7.0 6.2 6.4 6.5 9.2 8.7 5.2 8.1 21.1 56.8 2004 2003 1.9 4.3 3.7 5.7 4.1 3.7 3.0 2.6 2.7 -0.5 -9.6 -4.2 8.5 34.4 2004
2004 5.8 8.1 8.2 10.6 8.8 8.3 8.7 9.1 11.8 11.9 9.6 13.0 23.7 42.2 29.1 2005 2004 2.9 5.2 4.8 6.7 5.4 5.1 4.6 4.5 4.8 2.5 -4.5 1.1 11.8 26.3 18.7 2005
2005 6.7 9.0 9.1 11.4 9.8 9.5 9.9 10.5 13.0 13.2 11.6 14.7 23.2 35.1 25.4 21.8 2006 2005 3.7 5.9 5.5 7.4 6.2 6.1 5.7 5.7 6.2 4.3 -1.4 3.9 12.8 22.7 17.3 15.9 2006
2006 7.8 10.0 10.2 12.4 11.1 10.8 11.4 12.0 14.5 14.9 13.6 16.6 23.9 33.0 25.9 24.3 26.8 2007 2006 4.7 6.9 6.6 8.4 7.4 7.3 7.1 7.3 7.8 6.4 1.7 6.8 14.6 22.6 18.9 19.1 22.3 2007
2007 7.7 9.8 10.0 12.1 10.7 10.5 11.0 11.5 13.7 13.9 12.7 15.2 20.9 27.3 20.8 18.2 16.4 6.8 2008 2007 5.3 7.4 7.2 8.9 8.0 8.0 7.9 8.1 8.7 7.5 3.5 8.1 15.0 21.4 18.4 18.3 19.5 16.7 2008
2008 3.9 5.6 5.5 7.1 5.6 5.0 5.1 5.0 6.3 5.8 4.0 4.9 7.9 10.5 3.0 -2.6 -9.7 -23.7 -45.6 2009 2008 2.2 4.0 3.6 4.9 3.9 3.6 3.1 2.9 3.0 1.4 -2.6 0.4 4.8 8.0 3.3 -0.2 -5.1 -16.3 -40.0 2009
2009 5.7 7.4 7.4 9.1 7.8 7.4 7.5 7.7 9.2 8.9 7.5 8.8 12.0 14.9 9.1 5.5 1.8 -5.4 -11.0 45.6 2010 2009 3.5 5.3 5.0 6.3 5.4 5.3 4.9 4.9 5.1 3.9 0.4 3.5 7.8 11.1 7.6 5.5 3.0 -2.7 -11.1 31.7 2010
2010 6.3 8.0 8.0 9.6 8.4 8.0 8.2 8.5 9.9 9.7 8.5 9.7 12.7 15.4 10.4 7.6 4.9 0.1 -2.0 31.4 18.6 2011 2010 3.9 5.6 5.3 6.6 5.7 5.6 5.3 5.3 5.6 4.4 1.3 4.3 8.2 11.1 8.1 6.4 4.6 0.6 -4.3 21.0 11.2 2011
2011 5.3 6.8 6.8 8.2 7.0 6.6 6.7 6.8 7.9 7.6 6.4 7.3 9.7 11.6 7.0 4.2 1.5 -2.9 -5.2 14.0 0.9 -14.2 2012 2011 3.4 5.0 4.7 5.9 5.0 4.9 4.6 4.5 4.7 3.6 0.6 3.2 6.6 9.0 6.2 4.5 2.7 -0.8 -4.8 11.1 2.0 -6.4 2012
2012 5.8 7.3 7.3 8.6 7.5 7.2 7.3 7.4 8.5 8.3 7.2 8.1 10.4 12.2 8.1 5.7 3.6 0.2 -1.1 14.9 6.2 0.4 17.6 2013 2012 4.0 5.5 5.2 6.4 5.6 5.5 5.3 5.3 5.5 4.5 1.8 4.4 7.6 9.8 7.4 6.0 4.7 2.0 -0.7 12.6 6.9 4.8 17.4 2013
2013 6.5 8.0 8.0 9.3 8.3 8.0 8.2 8.4 9.5 9.4 8.4 9.3 11.5 13.3 9.7 7.7 6.1 3.4 2.9 16.8 10.6 8.0 21.3 25.0 2014 2013 4.7 6.2 5.9 7.1 6.4 6.3 6.1 6.2 6.4 5.6 3.1 5.6 8.7 10.8 8.7 7.7 6.7 4.6 2.7 14.4 10.4 10.2 19.5 21.7 2014
2014 6.0 7.4 7.4 8.7 7.6 7.3 7.5 7.6 8.6 8.4 7.5 8.2 10.1 11.7 8.3 6.4 4.8 2.3 1.7 12.9 7.3 4.6 11.8 9.0 -5.0 2015 2014 4.4 5.8 5.6 6.7 6.0 5.9 5.7 5.7 5.9 5.1 2.8 5.0 7.8 9.7 7.7 6.6 5.6 3.7 2.0 11.4 7.8 7.0 11.8 9.1 -2.1 2015
2015 5.8 7.2 7.2 8.3 7.4 7.1 7.2 7.3 8.2 8.0 7.1 7.8 9.5 10.9 7.7 6.0 4.5 2.3 1.7 11.2 6.3 4.0 9.2 6.5 -1.7 1.8 2016 2015 4.3 5.6 5.4 6.4 5.7 5.7 5.4 5.4 5.6 4.8 2.7 4.8 7.3 9.0 7.1 6.1 5.2 3.4 1.9 9.9 6.7 5.8 9.1 6.4 -0.5 1.1 2016
2016 5.9 7.2 7.2 8.3 7.4 7.1 7.2 7.3 8.2 8.0 7.1 7.8 9.4 10.6 7.7 6.1 4.7 2.8 2.3 10.7 6.5 4.6 8.8 6.7 1.2 4.5 7.2 2017 2016 4.0 5.3 5.1 6.1 5.4 5.3 5.1 5.1 5.2 4.4 2.4 4.3 6.7 8.2 6.4 5.4 4.5 2.9 1.5 8.4 5.4 4.5 6.8 4.3 -1.0 -0.4 -1.9 2017
2017 6.7 7.9 8.0 9.1 8.2 8.0 8.1 8.3 9.2 9.0 8.3 9.0 10.6 11.8 9.1 7.7 6.6 5.0 4.8 12.7 9.2 7.9 12.1 11.0 7.8 12.4 18.1 30.1 2018 2017 4.8 6.1 5.9 6.8 6.2 6.2 6.0 6.0 6.2 5.5 3.6 5.6 7.9 9.4 7.8 7.0 6.2 4.9 3.8 10.3 7.9 7.4 9.9 8.5 5.4 8.1 11.7 27.2 2018
2018 5.7 6.9 6.9 7.9 7.0 6.8 6.8 6.9 7.7 7.5 6.7 7.3 8.6 9.7 7.1 5.7 4.5 2.9 2.5 9.2 5.8 4.3 7.2 5.6 2.1 3.9 4.6 3.3 -17.9 2018 4.1 5.3 5.1 6.0 5.4 5.3 5.1 5.0 5.2 4.5 2.7 4.4 6.5 7.8 6.2 5.3 4.6 3.2 2.1 7.6 5.3 4.5 6.2 4.4 1.3 2.2 2.5 4.8 -13.6
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Dimensional International Large Value Index Dimensional International Large Cap High Profitability Index
$100,000 $100,000
1990 1990
1990 -22.9 1991 $10,000 1990 -23.9 1991 $10,000
1991 -8.1 9.6 1992 1991 -7.6 12.0 1992
1992 -8.8 -0.8 -10.2 1993 $1,000 1992 -9.7 -1.6 -13.6 1993 $1,000
1993 1.5 11.2 12.1 39.9 1994 1993 -1.9 6.7 4.1 25.6 1994
1994 4.1 12.2 13.1 27.0 15.2 1995 $100 1994 0.7 8.0 6.7 18.6 12.1 1995 $100
1995 5.1 11.8 12.3 21.0 12.6 10.0 1996 $6.16 1995 2.4 8.7 7.9 16.2 11.8 11.5 1996
$4.82
1996 5.6 11.3 11.6 17.8 11.3 9.4 8.8 1997 $10 1996 3.4 8.8 8.2 14.5 11.0 10.4 9.4 1997 $10
1997 5.3 10.1 10.2 14.8 9.3 7.3 6.0 3.3 1998 1997 3.2 7.8 7.1 11.8 8.6 7.5 5.6 1.9 1998
1998 6.8 11.2 11.5 15.5 11.2 10.2 10.3 11.0 19.3 1999 $1 1998 5.2 9.5 9.2 13.5 11.3 11.1 10.9 11.7 22.5 1999 $1
1999 8.6 12.8 13.2 17.0 13.6 13.2 14.1 15.9 22.7 26.1 2000 1999 8.7 13.1 13.3 17.8 16.5 17.4 18.9 22.3 34.0 46.5 2000
2000 8.0 11.7 11.9 15.0 11.9 11.3 11.6 12.3 15.4 13.5 2.2 2001 $0 2000 6.0 9.6 9.3 12.5 10.8 10.6 10.4 10.7 13.8 9.6 -18.0 2001 $0
2001 5.9 9.0 8.9 11.3 8.1 7.2 6.7 6.3 7.0 3.2 -6.6 -14.7 2002 1990 2018 2001 3.5 6.4 5.8 8.3 6.3 5.5 4.5 3.6 4.0 -1.6 -19.3 -20.6 2002 1990 2018
2002 4.4 7.1 6.9 8.8 5.8 4.6 3.9 3.1 3.0 -0.7 -8.3 -13.1 -11.4 2003 2002 2.3 4.8 4.2 6.1 4.2 3.2 2.1 0.9 0.7 -4.1 -16.7 -16.1 -11.2 2003
2003 7.4 10.2 10.2 12.3 9.8 9.2 9.2 9.2 10.2 8.5 4.5 5.3 16.9 54.4 2004 2003 4.5 7.0 6.6 8.7 7.1 6.6 6.0 5.5 6.1 3.1 -5.5 -1.0 10.6 37.7 2004
2004 8.5 11.2 11.3 13.4 11.2 10.8 10.9 11.2 12.3 11.2 8.5 10.1 19.9 39.4 26.0 2005 2004 5.5 7.9 7.6 9.6 8.3 7.9 7.5 7.3 8.1 5.9 -0.8 4.0 13.8 28.9 20.6 2005
2005 9.1 11.6 11.7 13.6 11.7 11.4 11.5 11.8 12.9 12.0 9.8 11.5 19.2 31.5 21.4 17.0 2006 2005 6.1 8.5 8.3 10.2 9.0 8.7 8.4 8.3 9.1 7.4 1.9 6.5 14.6 24.7 18.7 16.9 2006
2006 10.2 12.7 12.9 14.7 13.0 12.8 13.1 13.5 14.7 14.1 12.5 14.3 21.2 31.1 24.2 23.3 29.9 2007 2006 7.1 9.4 9.2 11.0 10.0 9.8 9.7 9.7 10.6 9.2 4.7 9.1 16.2 24.3 20.1 19.9 23.1 2007
2007 10.0 12.3 12.5 14.2 12.5 12.3 12.5 12.9 13.9 13.3 11.8 13.2 18.7 25.8 19.5 17.5 17.7 6.6 2008 2007 7.6 9.8 9.7 11.5 10.5 10.4 10.3 10.4 11.3 10.1 6.2 10.2 16.4 22.9 19.4 19.1 20.2 17.4 2008
2008 5.8 7.6 7.5 8.8 6.9 6.4 6.1 5.9 6.1 4.9 2.8 2.8 5.6 8.7 1.4 -4.0 -10.1 -25.2 -47.5 2009 2008 4.3 6.2 5.8 7.2 6.1 5.6 5.2 4.9 5.1 3.6 -0.4 2.1 5.8 9.0 4.0 0.2 -4.8 -16.3 -40.3 2009
2009 7.5 9.4 9.4 10.6 9.0 8.6 8.5 8.5 9.0 8.1 6.4 6.9 9.9 13.4 7.7 4.4 1.4 -6.6 -12.5 45.8 2010 2009 5.8 7.6 7.4 8.8 7.8 7.5 7.2 7.1 7.5 6.2 2.9 5.5 9.3 12.6 8.9 6.7 4.3 -1.3 -9.5 37.1 2010
2010 7.7 9.5 9.5 10.7 9.2 8.8 8.8 8.8 9.2 8.4 6.9 7.4 10.2 13.2 8.3 5.6 3.5 -2.2 -5.0 27.9 12.1 2011 2010 6.0 7.8 7.6 8.9 8.0 7.8 7.5 7.4 7.8 6.7 3.6 6.1 9.6 12.5 9.3 7.5 5.7 1.8 -3.0 23.7 11.6 2011
2011 6.5 8.1 8.0 9.1 7.6 7.2 7.0 6.9 7.1 6.2 4.7 5.0 7.2 9.5 4.9 2.2 -0.1 -5.2 -8.0 10.9 -3.2 -16.5 2012 2011 5.5 7.1 6.9 8.1 7.2 6.9 6.6 6.4 6.8 5.6 2.8 4.9 7.9 10.3 7.2 5.5 3.7 0.2 -3.7 12.9 2.4 -5.9 2012
2012 7.0 8.6 8.6 9.6 8.2 7.8 7.7 7.7 7.9 7.2 5.8 6.2 8.3 10.5 6.5 4.2 2.5 -1.4 -3.0 13.1 4.0 0.1 20.1 2013 2012 5.8 7.4 7.2 8.4 7.5 7.3 7.0 6.9 7.2 6.2 3.6 5.7 8.5 10.7 8.0 6.5 5.1 2.4 -0.4 13.2 6.2 3.6 14.2 2013
2013 7.7 9.2 9.2 10.2 8.9 8.6 8.5 8.5 8.9 8.2 7.0 7.4 9.5 11.6 8.1 6.2 5.0 1.8 1.0 15.2 8.6 7.4 21.8 23.6 2014 2013 6.4 8.0 7.8 8.9 8.2 7.9 7.8 7.7 8.0 7.1 4.8 6.8 9.4 11.5 9.2 8.0 6.9 4.8 2.8 14.7 9.6 9.0 17.3 20.6 2014
2014 7.1 8.6 8.5 9.5 8.2 7.9 7.7 7.7 8.0 7.3 6.1 6.4 8.2 10.1 6.7 5.0 3.7 0.8 0.0 11.4 5.6 4.0 11.9 8.0 -5.7 2015 2014 6.0 7.5 7.3 8.4 7.6 7.4 7.2 7.1 7.4 6.5 4.3 6.1 8.4 10.3 8.1 6.9 5.8 3.9 2.1 11.6 7.1 6.0 10.3 8.4 -2.6 2015
2015 6.6 8.0 7.9 8.8 7.5 7.2 7.1 7.0 7.2 6.5 5.4 5.6 7.2 8.8 5.7 4.0 2.8 0.1 -0.6 8.8 3.7 2.1 7.3 3.4 -5.5 -5.3 2016 2015 5.8 7.2 7.0 8.0 7.3 7.0 6.8 6.7 6.9 6.1 4.0 5.6 7.8 9.4 7.4 6.2 5.2 3.4 1.8 9.8 5.9 4.7 7.6 5.5 -1.3 -0.1 2016
2016 6.8 8.1 8.1 8.9 7.7 7.4 7.3 7.2 7.4 6.8 5.8 6.0 7.5 9.0 6.2 4.6 3.6 1.3 0.7 9.2 4.8 3.7 8.2 5.5 0.0 3.0 12.0 2017 2016 5.6 7.0 6.8 7.7 7.0 6.8 6.6 6.4 6.7 5.8 3.8 5.4 7.4 8.9 6.9 5.8 4.9 3.2 1.8 8.8 5.2 4.2 6.4 4.5 -0.4 0.7 1.6 2017
2017 7.4 8.8 8.7 9.6 8.5 8.2 8.1 8.1 8.3 7.7 6.8 7.1 8.6 10.1 7.5 6.2 5.3 3.3 3.0 11.0 7.3 6.6 11.1 9.3 6.0 10.3 19.0 26.3 2018 2017 6.3 7.6 7.5 8.4 7.7 7.6 7.4 7.3 7.6 6.8 5.0 6.5 8.5 9.9 8.2 7.3 6.5 5.1 4.0 10.6 7.7 7.1 9.5 8.5 5.7 8.6 13.3 26.3 2018
2018 6.5 7.7 7.6 8.4 7.3 7.0 6.8 6.7 6.9 6.3 5.4 5.6 6.9 8.1 5.6 4.3 3.4 1.4 1.0 7.8 4.2 3.3 6.5 4.4 0.9 2.6 5.4 2.2 -17.3 2018 5.6 6.8 6.6 7.5 6.8 6.6 6.4 6.3 6.5 5.7 3.9 5.3 7.1 8.3 6.6 5.7 4.9 3.5 2.3 8.0 5.1 4.4 5.9 4.6 1.7 2.8 3.7 4.8 -12.9
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
MSCI World ex USA Small Cap Index 1982
1982
-2.4 1983
Dimensional International Small Cap Value Index
1999–2018: Total Returns (%) 1983 15.7 37.0 1984 1982–2018: Total Returns (%)
1984 14.3 23.7 11.7 1985
1985 26.9 38.5 39.3 73.7 1986
1986 32.4 42.9 44.9 65.0 56.8 1987
1999 Growth of $1 1987 35.8 45.0 47.1 61.2 55.3 53.9 1988 Growth of $1
$100,000 1988 35.6 43.2 44.5 54.1 48.1 43.9 34.6 1989 $100,000
1999 20.8 2000
2000 6.0 -6.9 2001 1989 35.9 42.5 43.4 50.8 45.5 41.9 36.3 38.1 1990
$10,000 1990 28.4 32.9 32.3 36.1 29.7 23.7 15.0 6.3 -18.3 1991 $10,000
2001 0.3 -8.6 -10.2 2002
2002 -1.6 -8.1 -8.7 -7.1 2003 1991 25.9 29.5 28.6 31.2 25.2 19.7 12.4 5.8 -7.3 5.0 1992
$1,000 1992 21.0 23.6 22.2 23.6 17.7 12.2 5.4 -0.9 -11.3 -7.6 -18.6 1993 $1,000
2003 8.8 6.0 10.7 22.9 62.6 2004
1993 22.4 24.9 23.8 25.2 20.2 15.7 10.4 6.1 -0.7 5.9 6.4 39.1 1994 $94
2004 12.1 10.4 15.2 25.2 45.3 29.9 2005
$100 1994 22.0 24.3 23.2 24.4 19.9 15.9 11.3 7.9 2.7 8.7 9.9 27.8 17.3 1995 $100
2005 13.9 12.8 17.2 25.3 38.4 27.7 25.5 2006
2006 14.6 13.8 17.6 24.2 33.5 25.0 22.6 19.8 2007 1995 20.5 22.4 21.3 22.2 18.0 14.3 10.1 7.0 2.6 7.4 7.9 18.6 9.5 2.2 1996
$10 $4.36 1996 19.5 21.2 20.1 20.8 16.9 13.5 9.7 6.9 3.1 7.2 7.6 15.4 8.4 4.2 6.3 1997 $10
2007 13.3 12.4 15.5 20.5 26.9 19.3 15.9 11.4 3.6 2008
2008 4.9 3.3 4.6 6.9 9.4 1.1 -5.0 -13.4 -26.4 -47.8 2009 1997 17.4 18.9 17.7 18.2 14.4 11.2 7.7 5.0 1.5 4.7 4.6 10.0 3.7 -0.5 -1.7 -9.2 1998
2009 8.4 7.3 9.0 11.7 14.6 8.1 4.3 -0.5 -6.4 -11.1 51.4 2010 $1 1998 16.6 17.9 16.7 17.1 13.6 10.6 7.3 4.9 1.8 4.6 4.6 9.0 3.8 0.7 0.2 -2.7 4.2 1999 $1
2010 9.7 8.8 10.5 13.1 15.9 10.4 7.4 4.2 0.6 -0.4 37.5 24.9 2011 1999 16.7 17.9 16.8 17.2 13.9 11.2 8.2 6.1 3.3 6.0 6.1 10.2 6.0 3.9 4.4 3.7 10.8 17.9 2000
2011 7.5 6.5 7.8 9.8 11.9 6.8 3.8 0.6 -2.9 -4.4 16.9 2.7 -15.5 2012 $0 2000 16.0 17.1 16.0 16.3 13.2 10.6 7.8 5.8 3.3 5.8 5.8 9.4 5.7 3.8 4.2 3.7 8.3 10.4 3.5 2001 $0
1999 2018 2001 15.0 16.0 15.0 15.2 12.2 9.8 7.1 5.3 2.9 5.1 5.1 8.1 4.8 3.1 3.3 2.7 5.9 6.4 1.1 -1.2 2002 1982 2018
2012 8.3 7.3 8.6 10.5 12.5 8.0 5.5 2.9 0.3 -0.3 17.2 7.6 -0.2 17.9 2013
2013 9.4 8.6 9.9 11.7 13.6 9.6 7.6 5.5 3.6 3.6 18.9 11.9 7.9 21.9 26.0 2014 2002 14.5 15.4 14.3 14.5 11.7 9.4 6.9 5.2 3.0 5.0 5.0 7.7 4.6 3.2 3.3 2.8 5.4 5.7 1.9 1.1 3.5 2003
2014 8.4 7.6 8.7 10.4 11.9 8.2 6.3 4.3 2.5 2.4 14.5 8.3 4.5 12.2 9.4 -5.0 2015 2003 16.5 17.5 16.6 16.9 14.3 12.2 10.0 8.6 6.7 8.9 9.2 12.2 9.8 9.0 9.9 10.4 14.1 16.2 15.7 20.1 32.5 69.6 2004
2015 8.2 7.5 8.5 10.0 11.5 8.0 6.2 4.5 2.9 2.8 13.2 7.9 4.8 10.6 8.2 0.3 5.8 2016 2004 17.4 18.4 17.6 17.9 15.5 13.5 11.5 10.2 8.6 10.8 11.3 14.2 12.2 11.6 12.8 13.6 17.3 19.6 20.0 24.5 34.4 53.2 38.5 2005
2016 8.0 7.3 8.3 9.7 11.0 7.8 6.1 4.5 3.1 3.0 12.1 7.4 4.8 9.4 7.3 1.7 5.3 4.7 2017 2005 17.8 18.7 17.9 18.3 16.0 14.2 12.3 11.1 9.6 11.8 12.3 15.1 13.3 12.9 14.1 14.9 18.4 20.6 21.0 24.9 32.4 43.7 32.3 26.4 2006
2017 9.2 8.6 9.5 10.9 12.2 9.3 7.9 6.5 5.4 5.6 14.1 10.2 8.2 12.8 11.8 8.5 13.4 17.4 31.5 2018 2006 18.2 19.1 18.4 18.7 16.6 14.9 13.1 12.0 10.7 12.8 13.3 16.0 14.4 14.2 15.3 16.3 19.5 21.6 22.1 25.5 31.7 39.9 31.2 27.7 28.9 2007
2018 7.6 7.0 7.8 9.0 10.1 7.3 5.8 4.4 3.2 3.2 10.5 6.7 4.6 7.8 6.2 2.6 4.6 4.2 4.0 -17.8 2007 17.6 18.4 17.7 18.0 15.9 14.3 12.6 11.5 10.2 12.2 12.6 15.1 13.6 13.3 14.3 15.0 17.8 19.4 19.6 22.0 26.4 31.6 23.5 18.9 15.3 3.1 2008
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2008 14.2 14.9 14.1 14.2 12.2 10.5 8.8 7.6 6.2 7.7 7.9 9.8 8.1 7.5 7.9 8.0 9.8 10.3 9.5 10.3 12.0 13.5 4.8 -2.3 -10.3 -25.2 -45.7 2009
2009 15.5 16.2 15.5 15.7 13.7 12.2 10.6 9.5 8.3 9.9 10.1 12.1 10.6 10.2 10.8 11.1 13.0 13.9 13.5 14.6 16.8 18.8 12.0 7.3 3.0 -4.4 -7.9 56.1 2010
2010 15.7 16.4 15.7 15.9 14.0 12.5 11.0 10.0 8.8 10.4 10.7 12.6 11.2 10.8 11.4 11.8 13.6 14.4 14.1 15.2 17.2 19.0 13.2 9.4 6.3 1.3 0.7 37.2 20.6 2011
2011 14.4 15.0 14.3 14.4 12.6 11.1 9.6 8.6 7.4 8.8 9.0 10.7 9.3 8.9 9.3 9.5 11.0 11.5 11.0 11.7 13.1 14.2 8.7 5.0 1.8 -2.9 -4.3 15.6 -0.6 -18.0 2012
2012 14.6 15.2 14.5 14.6 12.8 11.4 10.0 9.1 7.9 9.3 9.5 11.2 9.9 9.5 9.9 10.1 11.6 12.1 11.7 12.4 13.7 14.8 9.9 6.8 4.2 0.6 0.1 16.7 5.9 -0.8 20.1 2013
2013 15.0 15.6 14.9 15.0 13.3 12.0 10.6 9.8 8.7 10.1 10.3 11.9 10.7 10.4 10.8 11.1 12.5 13.1 12.8 13.5 14.8 15.9 11.6 9.0 7.0 4.2 4.3 18.9 11.1 8.1 24.0 28.2 2014
2014 14.2 14.8 14.1 14.2 12.6 11.3 9.9 9.1 8.0 9.3 9.5 11.0 9.8 9.4 9.8 10.0 11.3 11.7 11.3 11.9 13.0 13.8 9.8 7.3 5.3 2.7 2.6 14.1 7.2 4.1 12.7 9.2 -6.9 2015
2015 13.8 14.3 13.7 13.8 12.2 10.9 9.6 8.8 7.8 9.0 9.1 10.5 9.4 9.0 9.4 9.5 10.7 11.1 10.7 11.1 12.1 12.8 9.0 6.7 4.9 2.5 2.4 12.1 6.1 3.5 9.6 6.4 -3.1 0.8 2016
2016 13.7 14.2 13.6 13.7 12.1 10.9 9.6 8.8 7.9 9.0 9.2 10.6 9.5 9.1 9.5 9.6 10.7 11.1 10.7 11.2 12.0 12.7 9.2 7.0 5.4 3.3 3.4 12.0 6.8 4.7 9.9 7.5 1.4 5.9 11.2 2017
14.1 14.6 14.0 14.1 12.6 11.4 10.2 9.5 8.6 9.7 9.9 11.2 10.2 9.9 10.3 10.5 11.5 11.9 11.6 12.1 13.0 13.7 10.5 8.6 7.2 5.4 5.7 13.8 9.4 7.9 12.9 11.5 7.7 13.1 19.7 28.9 2018
Dimensional International Small Cap Index
2017
2018 13.1 13.5 12.9 13.0 11.5 10.3 9.1 8.4 7.5 8.5 8.7 9.9 8.8 8.5 8.8 8.9 9.8 10.1 9.7 10.1 10.8 11.3 8.2 6.3 4.9 3.1 3.1 9.9 5.7 4.0 7.6 5.6 1.6 3.9 4.9 1.9 -19.4
1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
1970–2018: Total Returns (%)
1970
1970 0.9 1971 Growth of $1
1971 30.3 68.3 1972 $100,000
1972 40.7 66.2 64.2 1973
1973 24.5 33.6 19.1 -13.7 1974 $10,000
1974 11.4 14.2 0.4 -21.5 -28.6 1975 $597
1975 17.1 20.6 11.0 -2.6 3.4 49.9 1976 $1,000
1976 16.3 19.0 11.1 0.7 6.0 29.2 11.5 1977
1977 22.3 25.7 19.7 12.4 20.0 42.7 39.3 74.1 1978 $100
1978 26.5 30.1 25.4 19.9 28.0 48.1 47.5 69.8 65.5 1979
1979 23.4 26.2 21.8 16.7 22.7 36.7 33.6 41.9 28.2 -0.8 1980 $10
1980 24.5 27.1 23.2 18.9 24.4 36.5 34.0 40.3 30.5 15.9 35.5 1981
1981
1982
22.2 24.4 20.7 16.6 21.1 30.6 27.6 31.1 22.2 10.4
20.4 22.1 18.6 14.8 18.5 26.3 23.3 25.3 17.4 7.7
16.4
10.7
0.1
0.1
1982
0.0 1983
$1
Dimensional International Small Cap Growth Index
1983 21.4 23.2 20.0 16.6 20.2 27.4 24.8 26.8 20.3 12.9 16.6 10.9 16.7 36.1 1984 $0 1990–2018: Total Returns (%)
1984 20.7 22.3 19.3 16.2 19.4 25.7 23.3 24.8 19.0 12.7 15.6 11.1 15.0 23.3 11.6 1985 1970 2018
1985 23.2 24.9 22.3 19.5 22.8 29.0 27.1 29.0 24.2 19.2 22.9 20.6 26.3 36.5 36.7 67.5 1986
1986 25.1 26.8 24.5 22.0 25.3 31.3 29.8 31.7 27.7 23.7 27.6 26.3 32.4 42.0 43.9 63.5 59.5 1987
1987 25.9 27.6 25.4 23.2 26.3 32.0 30.6 32.5 29.0 25.4 29.2 28.3 33.7 41.7 43.1 55.5 49.8 40.7 1988 Growth of $1
$100,000
1988 25.9 27.5 25.4 23.3 26.3 31.6 30.3 32.0 28.7 25.5 28.8 28.0 32.6 38.9 39.5 47.5 41.4 33.1 25.9 1989
1989 26.2 27.7 25.7 23.8 26.6 31.5 30.3 31.9 28.9 26.0 29.0 28.3 32.3 37.7 38.0 44.0 38.7 32.3 28.3 30.8 1990 1990
1990 23.6 24.8 22.9 20.9 23.4 27.7 26.3 27.4 24.4 21.5 23.7 22.6 25.4 29.0 28.0 31.0 24.7 17.3 10.4 3.3 -18.4 1991 1990 -20.8 1991 $10,000
1991 22.7 23.8 21.9 20.0 22.2 26.2 24.8 25.8 22.9 20.1 22.0 20.9 23.2 26.0 24.8 26.8 21.1 14.6 8.9 3.7 -7.6 4.5 1992 1991 -8.5 5.8 1992
1992 20.5 21.4 19.6 17.7 19.6 23.1 21.7 22.4 19.5 16.8 18.3 16.9 18.6 20.6 19.0 20.0 14.4 8.2 2.7 -2.4 -11.5 -7.8 -18.8 1993 1992 -12.2 -7.5 -19.1 1993 $1,000
1993 20.9 21.8 20.1 18.3 20.2 23.5 22.2 22.9 20.2 17.7 19.1 17.9 19.6 21.5 20.1 21.1 16.3 11.2 6.9 3.5 -2.4 3.6 3.1 30.8 1994 1993 -4.2 2.1 0.3 24.5 1994
1994 20.5 21.4 19.7 18.0 19.8 22.9 21.7 22.3 19.7 17.3 18.7 17.5 19.0 20.7 19.4 20.2 15.9 11.4 7.7 4.9 0.4 5.8 6.2 21.4 12.6 1995 1994 -1.7 3.7 3.0 16.3 8.5 1995 $100
1995 19.8 20.7 19.0 17.4 19.0 21.9 20.7 21.2 18.8 16.5 17.7 16.6 17.8 19.3 18.0 18.6 14.6 10.5 7.2 4.7 0.9 5.3 5.5 15.1 8.0 3.5 1996 1995 -0.8 3.8 3.3 12.1 6.4 4.3 1996
$10 $4.51
1996 19.3 20.1 18.5 16.9 18.5 21.2 20.0 20.4 18.1 15.9 17.0 15.9 17.1 18.4 17.1 17.6 13.9 10.1 7.1 5.0 1.8 5.6 5.8 13.0 7.6 5.2 6.9 1997 1996 0.2 4.1 3.8 10.5 6.2 5.1 5.8 1997
1997 18.1 18.8 17.2 15.7 17.1 19.6 18.4 18.8 16.5 14.4 15.3 14.2 15.1 16.2 14.9 15.2 11.6 8.1 5.3 3.2 0.2 3.1 2.9 7.9 2.8 -0.2 -2.1 -10.3 1998 1997 -1.3 1.9 1.3 5.9 1.7 -0.5 -2.8 -10.6 1998
1998 17.8 18.4 16.9 15.4 16.7 19.2 18.0 18.3 16.1 14.1 14.9 13.9 14.7 15.7 14.5 14.7 11.4 8.1 5.6 3.7 1.1 3.8 3.7 8.0 3.9 1.9 1.4 -1.3 8.5 1999 1998 0.1 3.1 2.7 6.9 3.6 2.4 1.8 -0.1 11.7 1999 $1
1999 18.0 18.6 17.1 15.7 17.0 19.3 18.2 18.5 16.4 14.5 15.3 14.3 15.2 16.1 15.0 15.2 12.2 9.2 6.9 5.3 3.1 5.8 5.9 10.0 6.9 5.8 6.4 6.2 15.6 23.1 2000 1999 3.0 6.0 6.1 10.3 8.1 8.0 8.9 9.9 21.9 33.1 2000
2000 17.2 17.7 16.3 14.9 16.1 18.3 17.2 17.4 15.4 13.5 14.3 13.3 14.1 14.9 13.7 13.9 11.0 8.2 6.0 4.5 2.4 4.7 4.7 8.1 5.2 4.0 4.1 3.4 8.4 8.4 -4.5 2001 2000 1.4 3.9 3.7 7.0 4.7 4.0 4.0 3.5 8.8 7.3 -13.5 2001 $0
2001 16.1 16.7 15.2 13.8 15.0 17.0 15.9 16.1 14.2 12.3 13.0 12.0 12.6 13.3 12.2 12.2 9.4 6.7 4.6 3.2 1.1 3.1 3.0 5.7 3.0 1.7 1.4 0.3 3.1 1.4 -8.0 -11.4 2002 2001 -0.9 1.2 0.7 3.2 0.8 -0.2 -1.0 -2.3 -0.1 -3.7 -18.1 -22.5 2002 1990 2018
2002 15.5 16.0 14.6 13.3 14.3 16.3 15.2 15.3 13.5 11.7 12.3 11.3 11.9 12.5 11.4 11.4 8.7 6.1 4.2 2.8 0.9 2.7 2.5 4.9 2.4 1.2 0.9 -0.1 2.0 0.5 -6.1 -6.9 -2.1 2003 2002 -1.3 0.5 0.0 2.2 -0.1 -1.1 -1.8 -3.0 -1.5 -4.5 -14.5 -15.0 -6.7 2003
2003 16.7 17.2 15.9 14.6 15.7 17.6 16.6 16.8 15.0 13.3 14.0 13.1 13.8 14.5 13.5 13.6 11.1 8.8 7.1 5.9 4.3 6.3 6.5 9.1 7.2 6.6 7.0 7.0 10.2 10.5 7.5 11.9 25.8 61.5 2004 2003 2.0 4.0 3.8 6.2 4.5 4.1 4.1 3.8 6.5 5.4 -0.5 4.2 20.8 56.6 2004
2004 17.1 17.7 16.4 15.1 16.2 18.1 17.2 17.4 15.7 14.1 14.7 13.9 14.6 15.3 14.4 14.5 12.2 10.1 8.5 7.5 6.1 8.1 8.4 11.0 9.4 9.0 9.7 10.0 13.3 14.1 12.4 17.0 28.4 47.1 33.9 2005 2004 3.7 5.7 5.7 8.1 6.7 6.5 6.8 6.9 9.7 9.4 5.1 10.4 24.2 43.4 31.2 2005
2005 17.4 17.9 16.6 15.4 16.5 18.3 17.4 17.6 16.0 14.5 15.1 14.4 15.0 15.7 14.8 15.0 12.9 10.8 9.4 8.4 7.2 9.2 9.5 12.0 10.6 10.4 11.1 11.6 14.7 15.6 14.4 18.6 27.6 39.4 29.5 25.2 2006 2005 5.0 7.0 7.0 9.4 8.2 8.2 8.6 8.9 11.6 11.6 8.3 13.3 24.6 37.2 28.5 25.8 2006
2006 17.6 18.1 16.9 15.7 16.7 18.5 17.7 17.9 16.3 14.8 15.5 14.7 15.4 16.1 15.3 15.4 13.4 11.5 10.1 9.3 8.2 10.1 10.5 12.9 11.6 11.6 12.3 12.9 15.8 16.7 15.9 19.7 27.1 35.6 27.9 25.1 25.0 2007 2006 5.9 7.8 8.0 10.2 9.2 9.2 9.7 10.1 12.7 12.8 10.2 14.7 24.1 33.2 26.3 23.8 21.9 2007
2007 17.2 17.7 16.5 15.4 16.4 18.1 17.2 17.4 15.9 14.5 15.1 14.4 15.0 15.6 14.8 15.0 13.0 11.2 9.9 9.1 8.0 9.8 10.1 12.4 11.2 11.1 11.7 12.2 14.7 15.4 14.5 17.5 23.1 28.9 21.9 18.1 14.7 5.3 2008 2007 6.0 7.8 7.9 10.0 9.1 9.1 9.5 9.9 12.2 12.2 9.9 13.7 21.2 27.7 21.3 18.2 14.5 7.6 2008
2008 14.9 15.2 14.1 12.9 13.8 15.4 14.5 14.6 13.0 11.6 12.0 11.3 11.7 12.2 11.3 11.3 9.4 7.5 6.1 5.2 4.0 5.4 5.5 7.2 5.8 5.4 5.5 5.4 6.9 6.8 5.1 6.4 9.2 11.2 3.2 -3.3 -11.3 -25.3 -47.0 2009 2008 2.0 3.4 3.3 4.9 3.7 3.4 3.3 3.1 4.4 3.7 0.9 2.9 7.1 9.6 2.1 -4.1 -12.4 -25.8 -48.8 2009
2009 15.6 16.0 14.9 13.8 14.7 16.2 15.4 15.5 14.0 12.6 13.1 12.4 12.9 13.4 12.6 12.6 10.8 9.0 7.8 7.0 5.9 7.4 7.6 9.3 8.1 7.8 8.2 8.2 10.0 10.1 8.9 10.5 13.5 16.0 9.7 5.5 1.1 -5.9 -11.0 49.4 2010 2009 4.0 5.5 5.5 7.1 6.1 5.9 6.1 6.1 7.6 7.2 5.0 7.2 11.7 14.6 8.8 4.8 0.1 -6.3 -12.6 49.5 2010
2010 15.8 16.2 15.1 14.0 14.9 16.4 15.6 15.7 14.3 13.0 13.4 12.8 13.2 13.7 13.0 13.0 11.3 9.6 8.4 7.7 6.7 8.1 8.3 10.1 8.9 8.7 9.1 9.2 10.9 11.1 10.1 11.6 14.6 16.8 11.5 8.2 5.1 0.6 -0.9 35.5 22.9 2011 2010 5.0 6.4 6.5 8.1 7.2 7.1 7.3 7.5 9.0 8.8 6.8 9.1 13.3 16.1 11.2 8.2 5.0 1.1 -1.0 37.7 26.9 2011
2011 15.0 15.3 14.3 13.2 14.0 15.5 14.6 14.7 13.3 12.0 12.5 11.8 12.2 12.6 11.9 11.9 10.2 8.6 7.4 6.6 5.7 7.0 7.1 8.7 7.6 7.3 7.5 7.5 8.9 9.0 7.9 9.1 11.4 13.0 8.0 4.8 1.7 -2.4 -4.2 16.6 3.0 -13.6 2012 2011 4.1 5.4 5.4 6.9 6.0 5.8 5.9 6.0 7.3 6.9 5.0 6.8 10.3 12.4 7.9 4.9 1.7 -1.9 -4.1 18.2 5.1 -12.9 2012
2012 15.1 15.4 14.4 13.3 14.1 15.6 14.7 14.8 13.5 12.2 12.6 12.0 12.4 12.8 12.1 12.1 10.5 8.9 7.8 7.1 6.2 7.5 7.6 9.1 8.1 7.9 8.1 8.2 9.6 9.6 8.7 9.8 12.0 13.5 9.2 6.4 4.0 0.8 -0.1 17.1 8.0 1.2 18.6 2013 2012 4.7 6.0 6.1 7.5 6.7 6.6 6.7 6.8 8.0 7.8 6.0 7.9 11.2 13.1 9.1 6.6 4.1 1.4 0.2 18.6 9.8 2.1 19.6 2013
2013 15.3 15.7 14.7 13.7 14.4 15.8 15.1 15.2 13.8 12.6 13.0 12.4 12.8 13.3 12.6 12.6 11.0 9.6 8.5 7.9 7.0 8.3 8.4 9.9 9.0 8.8 9.1 9.2 10.6 10.7 9.9 11.1 13.2 14.7 10.8 8.5 6.6 4.2 4.1 19.1 12.5 9.2 22.8 27.2 2014 2013 5.7 7.0 7.1 8.5 7.8 7.7 7.9 8.1 9.3 9.2 7.7 9.5 12.7 14.6 11.1 9.1 7.2 5.2 4.8 21.0 14.7 10.9 25.2 31.0 2014
2014 14.8 15.1 14.1 13.2 13.9 15.2 14.5 14.5 13.3 12.1 12.5 11.8 12.2 12.6 11.9 12.0 10.4 9.0 7.9 7.3 6.5 7.6 7.8 9.2 8.2 8.0 8.3 8.3 9.5 9.6 8.8 9.8 11.6 12.8 9.2 7.0 5.2 2.9 2.6 14.5 8.6 5.3 12.4 9.5 -5.8 2015 2014 5.3 6.5 6.6 7.9 7.2 7.1 7.3 7.3 8.5 8.3 6.8 8.4 11.3 12.9 9.6 7.7 5.8 4.0 3.5 16.3 10.7 6.9 14.5 12.0 -4.3 2015
2015 14.6 14.9 13.9 13.0 13.7 15.0 14.2 14.3 13.0 11.9 12.3 11.7 12.0 12.4 11.7 11.7 10.2 8.8 7.8 7.2 6.4 7.5 7.7 9.0 8.1 7.9 8.1 8.2 9.3 9.4 8.6 9.5 11.2 12.2 8.9 6.9 5.2 3.2 2.9 13.2 8.0 5.3 10.6 8.1 -0.4 5.4 2016 2015 5.5 6.7 6.7 8.0 7.3 7.3 7.4 7.5 8.6 8.4 7.0 8.6 11.2 12.7 9.7 7.9 6.3 4.7 4.3 15.5 10.6 7.6 13.4 11.4 2.8 10.3 2016
2016 14.4 14.7 13.7 12.8 13.5 14.8 14.0 14.1 12.8 11.7 12.1 11.5 11.8 12.2 11.5 11.5 10.1 8.7 7.8 7.2 6.4 7.5 7.6 8.9 8.0 7.8 8.0 8.0 9.1 9.1 8.4 9.2 10.8 11.7 8.6 6.7 5.2 3.4 3.2 12.2 7.7 5.3 9.6 7.4 1.6 5.4 5.5 2017 2016 5.3 6.5 6.5 7.7 7.0 7.0 7.1 7.2 8.2 8.0 6.7 8.1 10.5 11.9 9.0 7.3 5.8 4.3 3.9 13.6 9.2 6.5 10.9 8.8 2.2 5.6 1.2 2017
2017 14.7 15.1 14.1 13.2 13.9 15.1 14.4 14.5 13.3 12.2 12.6 12.0 12.3 12.7 12.1 12.1 10.7 9.4 8.5 7.9 7.2 8.3 8.4 9.7 8.9 8.7 9.0 9.1 10.2 10.2 9.6 10.5 12.0 13.0 10.2 8.5 7.2 5.7 5.8 14.2 10.5 8.8 13.0 12.0 8.4 13.7 18.1 32.1 2018 2017 6.3 7.4 7.5 8.7 8.1 8.1 8.3 8.4 9.4 9.3 8.1 9.5 11.9 13.3 10.7 9.3 8.0 6.8 6.7 15.8 12.2 10.2 14.7 13.7 9.7 14.8 17.2 35.7 2018
2018 13.9 14.2 13.3 12.4 13.0 14.2 13.5 13.5 12.4 11.3 11.6 11.1 11.4 11.7 11.1 11.0 9.7 8.4 7.5 6.9 6.2 7.2 7.3 8.4 7.6 7.4 7.6 7.6 8.6 8.6 7.9 8.6 9.9 10.7 7.9 6.3 5.0 3.4 3.3 10.4 6.7 4.9 7.8 6.1 2.4 4.5 4.2 3.6 -18.8 2018 5.3 6.4 6.4 7.6 6.9 6.9 7.0 7.0 8.0 7.8 6.6 7.8 9.9 11.1 8.6 7.1 5.8 4.5 4.3 12.0 8.4 6.3 9.4 7.8 3.6 5.7 4.2 5.8 -17.6
1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
MSCI Emerging Markets Index Dimensional Emerging Markets Adjusted Market Index
1988 Growth of $1 Growth of $1

1988 40.4 1989 $100,000 $100,000
1989 52.2 65.0 1990
1990 27.5 21.5 -10.6 1991 $10,000 $10,000
1991 34.9 33.1 19.6 59.9 1992
1992 29.8 27.3 16.8 33.5 11.4 1993 $1,000 $1,000
1993 36.4 35.7 29.2 46.0 39.6 74.8 1994 1994
1994 29.1 27.3 20.9 30.3 21.8 27.3 -7.3 1995 $100 $22 1994 0.0 1995 $100
1995 24.2 22.1 16.1 22.3 14.4 15.4 -6.3 -5.2 1996 1995 -4.4 -8.5 1996 $5.64
1996 22.1 19.9 14.6 19.4 12.7 13.0 -2.3 0.3 6.0 1997 $10 1996 0.2 0.3 9.9 1997 $10
1997 18.2 15.9 10.9 14.4 8.2 7.6 -4.7 -3.9 -3.2 -11.6 1998 1997 -2.0 -2.6 0.5 -8.1 1998
1998 13.4 10.9 6.2 8.5 2.6 1.2 -9.3 -9.7 -11.2 -18.8 -25.3 1999 $1 1998 -5.8 -7.1 -6.7 -14.0 -19.5 1999 $1
1999 17.0 15.1 11.0 13.7 9.0 8.7 0.4 2.0 3.9 3.2 11.5 66.4 2000 1999 4.4 5.4 9.1 8.9 18.5 74.6 2000
2000 12.4 10.4 6.4 8.3 3.7 2.7 -4.8 -4.3 -4.2 -6.6 -4.8 7.5 -30.6 2001 $0 2000 -1.9 -2.2 -0.9 -3.5 -1.9 8.3 -32.8 2001 $0
2001 11.3 9.3 5.6 7.2 3.0 2.2 -4.5 -4.1 -3.9 -5.7 -4.2 4.1 -17.7 -2.4 2002 1988 2018 2001 -1.6 -1.8 -0.6 -2.6 -1.2 5.8 -17.6 1.0 2002 1994 2018
2002 10.0 8.1 4.7 6.1 2.2 1.3 -4.6 -4.3 -4.2 -5.8 -4.6 1.5 -14.0 -4.2 -6.0 2003 2002 -1.7 -2.0 -1.0 -2.7 -1.6 3.5 -13.0 -1.1 -3.1 2003
2003 12.5 10.8 7.7 9.3 5.9 5.4 0.2 1.1 1.9 1.3 3.6 10.6 -0.1 12.8 21.2 56.3 2004 2003 3.3 3.6 5.3 4.6 6.9 13.1 1.5 16.5 25.1 61.5 2004
2004 13.2 11.7 8.9 10.4 7.3 7.0 2.3 3.3 4.3 4.1 6.5 13.0 4.6 15.9 22.8 40.3 26.0 2005 2004 5.5 6.0 7.8 7.5 10.0 15.9 6.7 19.8 26.8 45.1 30.4 2005
2005 14.3 13.0 10.3 11.9 9.0 8.9 4.7 5.8 7.0 7.1 9.7 15.9 9.1 19.4 25.6 38.4 30.2 34.5 2006 2005 7.6 8.4 10.2 10.2 12.8 18.4 10.9 22.6 28.7 41.5 32.4 34.5 2006
2006 15.2 14.0 11.5 13.1 10.5 10.4 6.6 7.8 9.1 9.4 12.0 17.8 12.2 21.5 27.0 36.9 31.0 33.5 32.6 2007 2006 9.6 10.4 12.3 12.6 15.1 20.4 14.2 24.7 30.1 40.0 33.5 35.1 35.7 2007
2007 16.3 15.2 12.9 14.5 12.1 12.2 8.7 10.0 11.4 11.9 14.5 20.1 15.3 24.0 29.0 37.5 33.1 35.6 36.1 39.8 2008 2007 11.7 12.7 14.7 15.1 17.7 22.8 17.5 27.3 32.3 40.8 36.1 38.1 39.9 44.1 2008
2008 11.4 10.1 7.8 8.9 6.5 6.2 2.7 3.5 4.2 4.0 5.6 9.3 4.3 9.8 11.6 14.9 8.0 3.9 -4.6 -19.1 -53.2 2009 2008 5.4 5.8 7.0 6.7 8.2 11.4 6.0 12.2 13.9 17.0 9.7 5.1 -3.2 -18.2 -53.6 2009
2009 13.8 12.7 10.6 11.8 9.6 9.5 6.4 7.3 8.3 8.5 10.3 14.3 10.1 15.9 18.4 22.4 17.5 15.9 11.6 5.4 -8.5 79.0 2010 2009 9.4 10.0 11.5 11.6 13.4 17.0 12.4 19.0 21.5 25.5 20.3 18.4 14.7 8.4 -6.0 90.6 2010
2010 14.1 13.0 11.0 12.2 10.1 10.0 7.1 8.0 9.0 9.2 11.0 14.7 10.9 16.2 18.5 22.0 17.7 16.4 13.1 8.7 0.0 46.1 19.2 2011 2010 10.1 10.8 12.2 12.4 14.1 17.5 13.3 19.4 21.7 25.2 20.7 19.1 16.3 11.9 2.8 53.1 22.9 2011
2011 12.5 11.4 9.4 10.5 8.5 8.3 5.5 6.3 7.1 7.1 8.6 11.8 8.1 12.6 14.2 16.7 12.5 10.7 7.2 2.7 -4.9 20.4 -1.2 -18.2 2012 2011 8.3 8.8 9.9 9.9 11.4 14.2 10.2 15.3 16.8 19.3 14.8 12.8 9.5 4.9 -3.1 23.8 -0.2 -19.0 2012
2012 12.7 11.7 9.8 10.9 8.9 8.8 6.1 6.9 7.7 7.8 9.2 12.3 8.9 13.1 14.6 16.9 13.2 11.7 8.7 5.2 -0.6 20.0 5.0 -1.5 18.6 2013 2012 8.9 9.4 10.6 10.6 12.0 14.6 11.0 15.7 17.2 19.4 15.5 13.7 11.0 7.4 1.3 23.1 6.4 -1.0 20.8 2013
2013 12.1 11.1 9.3 10.3 8.4 8.3 5.7 6.4 7.1 7.2 8.5 11.2 8.1 11.8 13.1 15.0 11.5 10.0 7.3 4.1 -0.9 15.1 3.1 -1.7 7.7 -2.3 2014 2013 8.3 8.8 9.9 9.9 11.1 13.5 10.1 14.3 15.5 17.4 13.7 12.0 9.4 6.1 0.8 17.8 4.4 -1.2 9.2 -1.4 2014
2014 11.6 10.6 8.8 9.7 7.9 7.8 5.3 6.0 6.6 6.7 7.8 10.4 7.4 10.8 11.9 13.5 10.2 8.8 6.2 3.3 -1.0 12.1 2.1 -1.8 4.4 -2.0 -1.8 2015 2014 7.9 8.3 9.3 9.3 10.4 12.6 9.3 13.2 14.2 15.8 12.3 10.7 8.3 5.3 0.7 14.5 3.4 -0.9 5.9 -0.8 -0.3 2015
2015 10.5 9.5 7.8 8.6 6.9 6.7 4.3 4.9 5.5 5.4 6.5 8.7 5.9 8.9 9.7 11.0 7.9 6.4 3.9 1.2 -2.8 7.9 -0.9 -4.5 -0.7 -6.4 -8.4 -14.6 2016 2015 6.9 7.2 8.0 7.9 8.9 10.9 7.8 11.2 12.0 13.2 9.9 8.2 5.9 3.0 -1.2 10.1 0.5 -3.5 0.8 -5.1 -7.0 -13.2 2016
2016 10.5 9.6 8.0 8.7 7.1 6.9 4.6 5.2 5.7 5.7 6.7 8.9 6.2 9.0 9.8 11.1 8.2 6.8 4.6 2.2 -1.3 8.3 0.8 -2.0 1.6 -2.2 -2.2 -2.4 11.6 2017 2016 7.1 7.4 8.3 8.2 9.1 11.0 8.1 11.3 12.0 13.2 10.2 8.6 6.5 4.0 0.3 10.4 2.2 -1.0 3.1 -0.9 -0.8 -1.0 12.9 2017
2017 11.4 10.5 8.9 9.7 8.1 8.0 5.8 6.5 7.0 7.1 8.1 10.2 7.7 10.6 11.4 12.7 10.1 8.9 7.0 5.0 2.0 11.2 4.8 2.9 6.9 4.7 6.6 9.5 24.0 37.8 2018 2017 8.2 8.5 9.4 9.4 10.3 12.2 9.4 12.6 13.4 14.6 11.8 10.5 8.7 6.5 3.4 13.0 5.8 3.6 7.9 5.5 7.3 10.0 23.8 35.7 2018
2018 10.4 9.5 8.0 8.7 7.2 7.0 5.0 5.5 6.0 6.0 6.9 8.8 6.4 9.0 9.7 10.8 8.3 7.1 5.2 3.2 0.4 8.4 2.5 0.6 3.6 1.3 2.0 3.0 9.7 8.7 -14.2 2018 7.2 7.5 8.2 8.2 9.0 10.7 8.0 10.9 11.5 12.5 9.8 8.5 6.7 4.6 1.6 9.9 3.4 1.2 4.4 1.9 2.6 3.3 9.5 7.8 -14.4
1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
MSCI Emerging Markets Small Cap Index Dimensional Emerging Markets Value Index
$100,000 $100,000
1989
1989 54.3 1990
$10,000 1990 25.4 1.9 1991 $10,000
1991 30.3 19.7 40.7 1992
$1,000 1992 20.5 11.0 15.8 -4.7 1993 $1,000
1993 34.3 29.7 40.6 40.5 107.2 1994 $40
1995 $100 1994 29.6 25.2 31.8 29.0 50.1 8.7 1995 $100
1995 -7.2 1996 1995 23.6 19.1 22.9 18.8 27.8 0.4 -7.3 1996
1996 -2.6 2.3 1997 $10 $2.56 1996 22.4 18.4 21.4 17.9 24.3 4.8 3.0 14.3 1997 $10
1997 -14.7 -18.2 -34.5 1998 1997 17.6 13.7 15.5 11.8 15.4 -0.3 -3.1 -1.0 -14.3 1998
1998 -15.1 -17.6 -26.0 -16.3 1999 $1 1998 13.1 9.3 10.3 6.5 8.5 -4.7 -7.7 -7.9 -17.4 -20.3 1999 $1
1999 -6.0 -5.7 -8.3 8.6 41.0 2000 1999 17.8 14.7 16.2 13.5 16.3 5.7 5.1 8.4 6.5 18.7 76.7 2000
2000 -11.7 -12.6 -16.0 -8.7 -4.6 -35.4 2001 $0 2000 13.3 10.2 11.1 8.2 9.9 0.4 -0.9 0.4 -2.8 1.4 14.4 -26.0 2001 $0
2001 -10.1 -10.5 -12.9 -6.5 -2.9 -19.4 0.5 2002 1995 2018 2001 13.1 10.2 11.0 8.4 9.9 1.6 0.6 1.9 -0.4 3.5 12.9 -9.8 9.9 2002 1989 2018
2002 -9.0 -9.3 -11.1 -5.4 -2.5 -13.8 -0.4 -1.3 2003 2002 12.4 9.7 10.4 8.0 9.3 1.8 1.0 2.3 0.4 3.6 10.6 -5.4 7.0 4.2 2003
2003 -3.1 -2.5 -3.2 3.3 7.8 0.7 16.8 26.0 60.8 2004 2003 15.8 13.4 14.3 12.4 14.1 7.5 7.3 9.3 8.6 13.0 21.1 10.2 25.9 34.7 74.2 2004
2004 -0.6 0.2 -0.1 6.2 10.5 5.2 18.8 25.7 41.8 25.0 2005 2004 16.8 14.6 15.6 13.9 15.6 9.6 9.7 11.8 11.4 15.7 23.1 14.5 27.8 34.3 52.5 33.5 2005
2005 1.8 2.8 2.9 8.8 13.0 8.9 20.9 26.6 37.6 27.3 29.5 2006 2005 17.8 15.8 16.8 15.3 17.0 11.5 11.8 13.9 13.8 17.9 24.7 17.7 29.1 34.5 46.4 34.2 34.9 2006
2006 4.1 5.2 5.5 11.2 15.3 12.0 22.8 27.8 36.3 29.0 31.0 32.6 2007 2006 18.8 17.0 18.0 16.6 18.3 13.3 13.7 15.8 16.0 19.9 26.2 20.3 30.4 35.0 44.0 35.2 36.0 37.1 2007
2007 6.7 7.9 8.4 14.0 18.0 15.4 25.4 30.1 37.5 32.3 34.8 37.5 42.6 2008 2007 20.1 18.5 19.5 18.3 20.0 15.4 16.0 18.1 18.5 22.4 28.4 23.3 32.7 36.9 44.6 38.0 39.5 41.9 46.7 2008
2008 -0.2 0.3 0.2 4.1 6.4 3.1 9.4 10.7 12.8 5.1 0.6 -7.5 -22.7 -58.1 2009 2008 14.9 13.1 13.8 12.3 13.5 9.0 9.1 10.4 10.1 12.6 16.6 11.3 17.2 18.3 20.8 12.2 7.5 -0.4 -15.1 -50.8 2009
2009 5.0 5.9 6.2 10.6 13.4 11.0 17.8 20.2 23.7 18.4 17.1 14.1 8.6 -5.2 114.3 2010 2009 17.9 16.4 17.2 16.0 17.3 13.3 13.6 15.2 15.3 18.2 22.5 18.1 24.4 26.3 29.8 23.6 21.7 18.6 13.0 -0.8 100.2 2010
2010 6.3 7.2 7.6 11.8 14.5 12.4 18.8 21.0 24.1 19.6 18.7 16.7 13.0 4.6 65.3 27.5 2011 2010 18.1 16.6 17.4 16.3 17.6 13.7 14.1 15.6 15.7 18.4 22.4 18.4 24.1 25.8 28.8 23.3 21.7 19.3 15.2 6.2 56.1 21.8 2011
2011 4.0 4.7 4.9 8.4 10.6 8.4 13.6 15.1 17.0 12.5 10.8 7.9 3.6 -4.4 25.9 -3.5 -27.0 2012 2011 16.0 14.5 15.1 14.0 15.1 11.4 11.5 12.8 12.7 15.0 18.2 14.3 19.0 19.9 21.8 16.5 14.2 11.1 6.5 -1.7 23.8 -2.6 -22.1 2012
2012 4.9 5.7 5.9 9.3 11.4 9.4 14.4 15.7 17.6 13.5 12.2 9.9 6.5 0.5 25.1 4.5 -5.4 22.6 2013 2012 16.1 14.7 15.3 14.2 15.3 11.8 11.9 13.2 13.1 15.2 18.3 14.7 18.9 19.8 21.5 16.7 14.8 12.2 8.5 2.1 22.6 4.1 -3.8 18.9 2013
2013 4.7 5.4 5.6 8.8 10.7 8.8 13.3 14.4 16.0 12.3 10.9 8.8 5.8 0.6 19.9 3.7 -3.2 11.5 1.3 2014 2013 15.3 13.9 14.5 13.4 14.4 11.0 11.1 12.3 12.1 14.0 16.8 13.4 17.2 17.8 19.1 14.7 12.8 10.3 6.9 1.4 17.2 2.5 -3.3 7.8 -2.2 2014
2014 4.5 5.2 5.4 8.4 10.1 8.3 12.4 13.4 14.7 11.2 9.9 7.9 5.2 0.7 16.6 3.2 -2.1 8.0 1.3 1.3 2015 2014 14.6 13.2 13.7 12.7 13.5 10.3 10.4 11.4 11.3 13.0 15.5 12.2 15.6 16.1 17.1 13.0 11.1 8.7 5.6 0.8 13.6 1.4 -3.1 4.2 -2.4 -2.7 2015
2015 4.0 4.6 4.7 7.5 9.1 7.3 11.0 11.8 12.9 9.6 8.3 6.4 3.8 -0.2 13.0 1.5 -3.0 4.1 -1.4 -2.7 -6.6 2016 2015 13.1 11.8 12.2 11.1 11.9 8.8 8.8 9.7 9.4 10.9 13.1 10.0 12.9 13.1 13.9 9.9 8.0 5.6 2.6 -1.9 8.3 -2.3 -6.5 -2.1 -8.2 -11.1 -18.9 2016
2016 3.9 4.5 4.6 7.2 8.7 7.0 10.5 11.2 12.1 9.1 7.8 6.0 3.7 0.1 11.6 1.7 -2.1 3.8 -0.4 -1.0 -2.1 2.6 2017 2016 13.4 12.1 12.5 11.5 12.2 9.3 9.3 10.2 9.9 11.4 13.5 10.6 13.4 13.6 14.3 10.7 9.0 6.9 4.2 0.3 9.7 0.7 -2.5 2.0 -1.8 -1.7 -1.2 20.3 2017
2017 5.1 5.7 5.8 8.4 9.9 8.4 11.8 12.5 13.5 10.7 9.7 8.1 6.2 3.1 13.9 5.3 2.4 8.4 5.7 6.8 8.7 17.3 34.2 2018 2017 14.0 12.7 13.2 12.2 13.0 10.1 10.2 11.1 10.9 12.4 14.4 11.7 14.4 14.7 15.4 12.1 10.6 8.8 6.5 3.2 12.0 4.2 1.9 6.5 4.2 5.9 8.9 26.2 32.4 2018
2018 4.0 4.5 4.6 7.0 8.3 6.8 9.8 10.4 11.2 8.5 7.4 5.8 3.9 0.9 10.2 2.3 -0.4 4.1 1.3 1.3 1.2 4.0 4.7 -18.3 2018 13.0 11.8 12.2 11.3 11.9 9.2 9.2 10.0 9.8 11.1 13.0 10.4 12.8 13.0 13.6 10.4 8.9 7.1 4.9 1.8 9.5 2.4 0.2 3.9 1.5 2.3 3.6 12.4 8.6 -10.9
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Dimensional Emerging Markets Growth Index FTSE US Government Bond Index 1–3 Years
1986
1986 10.2 1987
Growth of $1 1987 7.9 5.7 1988 Growth of $1
$100,000 $100,000
1988 7.4 5.9 6.2 1989
1989 8.2 7.6 8.5 10.9 1990
$10,000 1990 8.5 8.1 8.9 10.3 9.8 1991 $10,000
1991 9.1 8.8 9.6 10.8 10.7 11.7 1992
$1,000 1992 8.7 8.4 9.0 9.6 9.2 9.0 6.3 1993 $1,000
1994 1993 8.2 8.0 8.4 8.8 8.3 7.8 5.9 5.4 1994
1994 -5.8 1995 $100 1994 7.4 7.0 7.2 7.4 6.7 5.9 4.1 2.9 0.5 1995 $100
1995 -5.8 -5.7 1996 1995 7.7 7.4 7.6 7.8 7.3 6.9 5.7 5.5 5.5 10.7 1996
$4.95 $4.37
1996 -2.9 -1.3 3.3 1997 $10 1996 7.5 7.2 7.4 7.5 7.0 6.6 5.6 5.4 5.4 7.9 5.1 1997 $10
1997 -5.2 -5.0 -4.7 -12.0 1998 1997 7.4 7.1 7.3 7.4 7.0 6.6 5.8 5.6 5.7 7.5 5.9 6.7 1998
1998 -8.8 -9.6 -10.8 -17.1 -21.8 1999 $1 1998 7.4 7.1 7.3 7.4 7.0 6.6 5.9 5.9 6.0 7.3 6.2 6.8 7.0 1999 $1
1999 2.2 3.9 6.5 7.6 19.0 81.0 2000 1999 7.0 6.8 6.9 7.0 6.6 6.2 5.6 5.5 5.5 6.5 5.4 5.5 5.0 3.0 2000
2000 -2.6 -2.0 -1.3 -2.4 1.1 14.9 -27.1 2001 $0 2000 7.1 6.9 7.0 7.0 6.7 6.4 5.8 5.8 5.8 6.7 5.9 6.2 6.0 5.5 8.0 2001 $0
2001 -2.3 -1.8 -1.1 -2.0 0.7 9.6 -14.7 -0.3 2002 1994 2018 2001 7.2 7.0 7.1 7.1 6.8 6.6 6.1 6.0 6.1 7.0 6.3 6.6 6.6 6.4 8.2 8.3 2002 1986 2018
2002 -2.6 -2.2 -1.7 -2.5 -0.5 5.7 -11.7 -2.8 -5.2 2003 2002 7.1 6.9 7.0 7.0 6.8 6.5 6.0 6.0 6.1 6.8 6.3 6.4 6.4 6.3 7.4 7.0 5.8 2003
2003 1.4 2.2 3.2 3.2 6.0 12.7 0.1 11.3 17.6 45.8 2004 2003 6.8 6.6 6.7 6.7 6.4 6.1 5.7 5.6 5.7 6.2 5.7 5.8 5.6 5.4 6.0 5.3 3.8 1.9 2004
2004 3.4 4.4 5.6 5.8 8.7 14.8 4.8 14.8 20.3 35.5 26.0 2005 2004 6.5 6.3 6.3 6.3 6.0 5.8 5.3 5.2 5.2 5.7 5.1 5.2 4.9 4.6 4.9 4.2 2.8 1.4 0.9 2005
2005 5.9 7.1 8.4 9.0 12.0 17.9 9.8 19.1 24.6 36.4 32.0 38.3 2006 2005 6.2 6.0 6.0 6.0 5.7 5.5 5.0 5.0 4.9 5.3 4.8 4.8 4.5 4.2 4.4 3.7 2.5 1.5 1.3 1.6 2006
2006 7.8 9.0 10.5 11.2 14.2 19.7 12.8 21.4 26.2 35.6 32.4 35.7 33.1 2007 2006 6.1 5.9 5.9 5.9 5.6 5.4 5.0 4.9 4.8 5.2 4.7 4.7 4.5 4.2 4.3 3.7 2.8 2.1 2.2 2.8 4.0 2007
2007 9.6 10.9 12.4 13.3 16.2 21.5 15.6 23.4 27.9 35.8 33.4 35.9 34.8 36.5 2008 2007 6.2 6.0 6.0 6.0 5.7 5.5 5.1 5.0 5.0 5.4 4.9 4.9 4.7 4.5 4.7 4.2 3.5 3.1 3.4 4.3 5.6 7.2 2008
2008 3.9 4.7 5.5 5.7 7.5 11.0 5.1 10.0 11.6 14.6 9.2 5.4 -3.7 -18.1 -50.8 2009 2008 6.2 6.0 6.0 6.0 5.8 5.6 5.2 5.1 5.1 5.4 5.1 5.0 4.9 4.7 4.9 4.5 4.0 3.7 4.0 4.8 5.9 6.9 6.6 2009
2009 7.3 8.3 9.4 9.8 11.9 15.6 10.5 15.8 17.9 21.7 18.1 16.6 11.7 5.3 -7.5 74.2 2010 2009 6.0 5.8 5.8 5.8 5.5 5.3 4.9 4.9 4.8 5.1 4.7 4.7 4.5 4.3 4.5 4.1 3.6 3.2 3.5 4.0 4.6 4.8 3.6 0.7 2010
2010 8.5 9.5 10.5 11.1 13.1 16.6 12.1 17.0 19.1 22.5 19.5 18.5 14.9 10.7 3.3 49.7 28.6 2011 2010 5.8 5.6 5.6 5.6 5.4 5.1 4.8 4.7 4.7 4.9 4.6 4.5 4.4 4.2 4.3 3.9 3.4 3.1 3.3 3.7 4.1 4.2 3.2 1.5 2.3 2011
2011 7.1 7.9 8.8 9.2 10.9 13.9 9.6 13.8 15.3 17.8 14.7 13.2 9.5 5.3 -1.4 24.4 5.1 -14.1 2012 2011 5.6 5.5 5.5 5.4 5.2 5.0 4.6 4.6 4.5 4.7 4.4 4.3 4.2 4.0 4.0 3.7 3.2 2.9 3.1 3.4 3.7 3.6 2.8 1.5 1.9 1.5 2012
2012 7.8 8.6 9.6 10.0 11.6 14.5 10.5 14.4 15.9 18.2 15.5 14.2 11.2 7.9 2.9 23.8 10.5 2.4 22.0 2013 2012 5.4 5.3 5.2 5.2 5.0 4.8 4.4 4.3 4.3 4.5 4.1 4.1 3.9 3.7 3.7 3.4 3.0 2.7 2.8 3.0 3.2 3.1 2.3 1.2 1.4 0.9 0.4 2013
2013 7.5 8.2 9.1 9.4 10.9 13.5 9.8 13.3 14.6 16.5 14.0 12.7 9.9 6.9 2.6 18.9 8.1 2.0 11.1 1.2 2014 2013 5.3 5.1 5.1 5.0 4.8 4.6 4.2 4.1 4.1 4.3 3.9 3.9 3.7 3.5 3.5 3.2 2.7 2.5 2.5 2.7 2.9 2.7 2.0 1.1 1.1 0.8 0.4 0.4 2014
2014 7.3 8.0 8.8 9.1 10.5 12.9 9.4 12.6 13.6 15.4 13.0 11.7 9.1 6.4 2.7 16.1 7.1 2.3 8.4 2.2 3.3 2015 2014 5.1 4.9 4.9 4.8 4.6 4.4 4.1 4.0 3.9 4.1 3.7 3.7 3.5 3.3 3.3 3.0 2.6 2.3 2.4 2.5 2.6 2.4 1.8 1.0 1.0 0.7 0.5 0.5 0.6 2015
2015 6.4 7.0 7.7 7.9 9.1 11.3 8.0 10.8 11.7 13.1 10.7 9.4 6.9 4.3 0.9 11.8 3.8 -0.5 3.2 -2.4 -4.1 -11.0 2016 2015 4.9 4.8 4.7 4.7 4.4 4.2 3.9 3.8 3.8 3.9 3.6 3.5 3.3 3.1 3.1 2.8 2.4 2.2 2.2 2.3 2.4 2.2 1.6 0.9 0.9 0.7 0.5 0.5 0.6 0.5 2016
2016 6.4 7.0 7.6 7.9 9.0 11.1 7.9 10.6 11.4 12.7 10.5 9.2 6.9 4.6 1.6 11.2 4.3 0.7 4.0 -0.1 -0.5 -2.3 7.1 2017 2016 4.8 4.6 4.6 4.5 4.3 4.1 3.8 3.7 3.6 3.8 3.5 3.4 3.2 3.0 3.0 2.7 2.3 2.1 2.1 2.2 2.2 2.1 1.5 0.9 0.9 0.7 0.6 0.6 0.7 0.7 0.9 2017
2017 7.6 8.2 8.9 9.2 10.4 12.4 9.5 12.1 13.0 14.3 12.3 11.3 9.3 7.4 4.9 14.1 8.2 5.5 9.2 6.8 8.3 10.0 22.3 39.6 2018 2017 4.7 4.5 4.4 4.4 4.2 4.0 3.7 3.6 3.5 3.6 3.3 3.2 3.1 2.9 2.8 2.6 2.2 2.0 2.0 2.1 2.1 1.9 1.4 0.9 0.9 0.7 0.5 0.6 0.6 0.6 0.6 0.4 2018
2018 6.6 7.2 7.8 8.0 9.0 10.9 8.0 10.4 11.1 12.2 10.2 9.2 7.2 5.3 2.9 10.7 5.3 2.7 5.3 2.8 3.1 3.1 8.3 8.9 -15.1 2018 4.6 4.4 4.4 4.3 4.1 3.9 3.6 3.5 3.4 3.5 3.2 3.2 3.0 2.8 2.8 2.5 2.2 1.9 1.9 2.0 2.1 1.9 1.4 0.9 0.9 0.8 0.7 0.7 0.8 0.8 0.9 1.0 1.6
1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Dimensional Emerging Markets Small Index FTSE US Government Bond Index 3–7 Years
1986
1986 14.7 1987
Growth of $1 1987 8.5 2.7 1988 Growth of $1
$100,000 $100,000
1989 1988 7.7 4.4 6.1 1989
1989 84.3 1990 1989 9.2 7.4 9.8 13.6 1990
1990 37.4 2.5 1991 $10,000 1990 9.3 8.0 9.8 11.6 9.7 1991 $10,000
1991 33.3 13.4 25.5 1992 1991 10.3 9.5 11.2 13.0 12.7 15.7 1992
1992 27.2 12.4 17.7 10.3 1993 $1,000 1992 9.9 9.1 10.4 11.5 10.9 11.5 7.4 1993 $1,000
1993 38.0 28.3 38.3 45.2 91.2 1994 1993 9.9 9.2 10.3 11.2 10.6 10.9 8.5 9.7 1994
1994 31.2 22.6 28.2 29.1 39.7 2.1 1995 $100 $26 1994 8.3 7.6 8.3 8.7 7.7 7.2 4.5 3.1 -3.1 1995 $100
1995 23.3 15.4 18.1 16.3 18.4 -6.8 -14.9 1996 1995 9.1 8.6 9.3 9.8 9.1 9.0 7.4 7.4 6.3 16.6 1996 $6.72
1996 21.4 14.4 16.5 14.8 15.9 -1.9 -3.8 8.7 1997 $10 1996 8.6 8.0 8.6 9.0 8.3 8.1 6.6 6.4 5.4 9.9 3.5 1997 $10
1997 16.6 10.1 11.2 9.0 8.7 -5.6 -8.0 -4.3 -15.8 1998 1997 8.6 8.1 8.6 8.9 8.3 8.1 6.9 6.8 6.1 9.3 5.9 8.3 1998
1998 12.2 6.2 6.6 4.2 3.2 -8.8 -11.3 -10.1 -18.2 -20.5 1999 $1 1998 8.7 8.2 8.7 8.9 8.4 8.3 7.3 7.2 6.8 9.4 7.1 8.9 9.5 1999 $1
1999 16.3 11.0 12.0 10.5 10.5 0.8 0.6 4.9 3.7 15.0 66.3 2000 1999 8.0 7.5 7.9 8.0 7.5 7.2 6.2 6.1 5.5 7.3 5.0 5.6 4.2 -0.8 2000
2000 10.9 5.9 6.3 4.3 3.6 -5.1 -6.3 -4.4 -7.4 -4.5 4.7 -34.1 2001 $0 2000 8.2 7.8 8.2 8.3 7.9 7.7 6.8 6.7 6.3 8.0 6.3 7.1 6.7 5.3 11.7 2001 $0
2001 10.2 5.6 5.9 4.1 3.5 -4.2 -5.1 -3.3 -5.5 -2.8 3.9 -17.8 2.5 2002 1989 2018 2001 8.2 7.8 8.2 8.3 7.9 7.7 7.0 6.9 6.6 8.0 6.7 7.3 7.1 6.3 10.0 8.4 2002 1986 2018
2002 9.5 5.2 5.4 3.7 3.1 -3.8 -4.5 -2.9 -4.7 -2.3 2.9 -12.3 1.1 -0.2 2003 2002 8.4 8.1 8.4 8.6 8.2 8.1 7.4 7.4 7.2 8.5 7.4 8.1 8.0 7.7 10.6 10.1 11.9 2003
2003 12.7 8.8 9.3 8.0 7.8 1.8 1.8 4.1 3.4 7.0 13.6 3.3 20.0 29.8 68.7 2004 2003 8.1 7.7 8.0 8.2 7.8 7.6 7.0 7.0 6.7 7.8 6.8 7.3 7.1 6.6 8.6 7.5 7.1 2.6 2004
2004 13.8 10.2 10.8 9.7 9.7 4.3 4.5 6.9 6.7 10.4 16.6 8.6 23.0 30.7 49.6 32.6 2005 2004 7.8 7.4 7.7 7.8 7.4 7.3 6.6 6.6 6.3 7.3 6.3 6.6 6.4 5.9 7.3 6.2 5.5 2.4 2.3 2005
2005 14.8 11.4 12.0 11.1 11.2 6.3 6.7 9.1 9.2 12.8 18.5 12.0 24.6 30.8 43.1 31.8 31.1 2006 2005 7.4 7.1 7.3 7.4 7.0 6.8 6.2 6.1 5.8 6.7 5.7 6.0 5.7 5.2 6.2 5.1 4.3 1.9 1.6 1.0 2006
2006 16.0 12.8 13.5 12.8 12.9 8.5 9.0 11.5 11.8 15.4 20.8 15.5 26.8 32.3 41.9 34.0 34.7 38.3 2007 2006 7.2 6.9 7.1 7.2 6.8 6.6 6.0 5.9 5.7 6.4 5.5 5.7 5.5 5.0 5.8 4.9 4.2 2.3 2.2 2.2 3.5 2007
2007 17.3 14.4 15.2 14.5 14.8 10.7 11.4 13.9 14.4 18.0 23.3 18.7 29.2 34.2 42.4 36.5 37.9 41.4 44.5 2008 2007 7.4 7.0 7.3 7.3 7.0 6.8 6.3 6.2 6.0 6.7 5.9 6.1 5.9 5.5 6.3 5.6 5.1 3.8 4.2 4.8 6.7 10.1 2008
2008 11.3 8.4 8.8 7.8 7.7 3.6 3.8 5.4 5.1 7.2 10.5 5.6 12.0 13.4 15.8 7.4 1.9 -6.3 -22.9 -58.8 2009 2008 7.6 7.3 7.5 7.6 7.3 7.2 6.7 6.6 6.4 7.2 6.5 6.7 6.6 6.3 7.1 6.5 6.3 5.4 5.9 6.9 8.9 11.7 13.4 2009
2009 14.7 12.1 12.6 11.9 12.0 8.3 8.7 10.7 10.8 13.4 17.1 13.1 20.1 22.5 26.1 20.1 17.7 14.6 7.7 -7.1 109.8 2010 2009 7.2 6.9 7.1 7.1 6.8 6.7 6.2 6.1 5.9 6.5 5.9 6.0 5.9 5.5 6.2 5.6 5.3 4.3 4.6 5.1 6.2 7.1 5.6 -1.7 2010
2010 15.3 12.7 13.2 12.6 12.8 9.3 9.8 11.7 11.9 14.4 17.9 14.2 20.7 22.9 26.2 21.0 19.2 17.0 12.1 3.1 63.1 26.8 2011 2010 7.2 6.9 7.1 7.1 6.8 6.7 6.2 6.2 6.0 6.6 5.9 6.1 5.9 5.6 6.2 5.7 5.4 4.6 4.9 5.4 6.3 7.0 5.9 2.4 6.6 2011
2011 13.2 10.7 11.1 10.4 10.4 7.1 7.4 9.0 9.0 11.0 13.9 10.4 15.7 17.1 19.2 14.1 11.7 8.8 3.7 -4.6 26.2 -2.1 -24.4 2012 2011 7.2 6.9 7.1 7.2 6.9 6.7 6.3 6.3 6.1 6.6 6.0 6.2 6.1 5.8 6.4 5.9 5.7 5.0 5.3 5.7 6.5 7.2 6.4 4.2 7.3 8.0 2012
2012 13.7 11.3 11.7 11.1 11.1 8.0 8.3 9.9 10.0 11.9 14.7 11.5 16.5 17.8 19.8 15.3 13.3 11.0 7.0 0.8 26.0 6.4 -2.6 25.5 2013 2012 7.0 6.7 6.9 6.9 6.7 6.5 6.1 6.0 5.9 6.4 5.8 6.0 5.8 5.5 6.0 5.6 5.3 4.7 4.9 5.3 5.9 6.3 5.6 3.7 5.5 5.0 2.1 2013
2013 13.1 10.9 11.2 10.6 10.6 7.7 8.0 9.4 9.4 11.2 13.8 10.7 15.2 16.4 18.0 13.8 11.9 9.7 6.2 0.9 20.7 5.1 -1.3 12.8 1.3 2014 2013 6.7 6.4 6.6 6.6 6.3 6.2 5.7 5.7 5.5 5.9 5.4 5.5 5.3 5.0 5.5 5.0 4.7 4.1 4.2 4.5 4.9 5.1 4.3 2.6 3.7 2.7 0.2 -1.8 2014
2014 12.6 10.4 10.8 10.2 10.2 7.3 7.6 8.9 9.0 10.6 12.9 10.0 14.1 15.1 16.5 12.6 10.8 8.7 5.5 0.9 17.1 4.2 -0.7 8.7 1.1 1.0 2015 2014 6.6 6.3 6.4 6.4 6.2 6.0 5.6 5.5 5.4 5.8 5.3 5.3 5.2 4.9 5.3 4.9 4.6 4.0 4.1 4.3 4.7 4.9 4.1 2.7 3.6 2.8 1.1 0.6 3.1 2015
2015 11.8 9.7 10.0 9.4 9.3 6.6 6.8 8.0 8.0 9.5 11.6 8.8 12.5 13.3 14.4 10.7 8.9 6.9 3.9 -0.3 13.1 2.1 -2.3 4.2 -2.1 -3.7 -8.2 2016 2015 6.4 6.1 6.3 6.3 6.0 5.9 5.5 5.4 5.2 5.6 5.1 5.2 5.0 4.7 5.1 4.7 4.4 3.8 3.9 4.1 4.4 4.5 3.8 2.5 3.2 2.6 1.3 1.0 2.4 1.7 2016
2016 11.8 9.8 10.1 9.5 9.4 6.8 7.0 8.2 8.2 9.6 11.6 9.0 12.5 13.2 14.2 10.8 9.2 7.4 4.7 1.0 13.0 3.5 0.0 5.8 1.4 1.4 1.6 12.4 2017 2016 6.2 6.0 6.1 6.1 5.8 5.7 5.3 5.2 5.0 5.4 4.9 5.0 4.8 4.5 4.9 4.4 4.2 3.7 3.7 3.9 4.1 4.2 3.6 2.4 3.0 2.4 1.3 1.1 2.1 1.5 1.3 2017
2017 12.5 10.6 10.9 10.4 10.4 7.9 8.1 9.3 9.3 10.8 12.7 10.3 13.7 14.4 15.5 12.4 11.0 9.4 7.1 4.0 15.3 7.0 4.4 10.1 7.3 8.9 11.6 23.1 34.8 2018 2017 6.1 5.8 5.9 5.9 5.7 5.5 5.1 5.0 4.9 5.2 4.7 4.8 4.6 4.4 4.7 4.3 4.0 3.5 3.6 3.7 3.9 3.9 3.3 2.3 2.8 2.2 1.3 1.1 1.9 1.5 1.3 1.3 2018
2018 11.4 9.5 9.8 9.2 9.2 6.7 6.9 8.0 8.0 9.3 11.0 8.7 11.7 12.3 13.1 10.2 8.7 7.2 4.9 1.9 11.6 4.0 1.5 5.8 2.9 3.2 3.7 8.0 5.9 -16.8 2018 5.9 5.7 5.8 5.8 5.5 5.4 5.0 4.9 4.7 5.1 4.6 4.6 4.5 4.2 4.5 4.1 3.8 3.4 3.4 3.5 3.7 3.7 3.2 2.2 2.6 2.1 1.3 1.2 1.8 1.5 1.4 1.4 1.5
1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
1926
1926 3.3 1927
1927 3.2 3.1 1928
1928 3.3 3.3 3.6 1929
1929 3.7 3.8 4.2 4.7 1930
One-Month US Treasury Bills
1930 3.4 3.5 3.6 3.6 2.4 1931 1926–2018: Total Returns (%)
1931 3.0 3.0 2.9 2.7 1.7 1.1 1932
1932 2.7 2.6 2.5 2.3 1.5 1.0 1.0 1933
1933 2.4 2.3 2.2 1.9 1.2 0.8 0.6 0.3 1934
1934 2.2 2.0 1.9 1.6 1.0 0.6 0.5 0.2 0.2 1935 Growth of $1
$100,000
1935 2.0 1.8 1.7 1.4 0.8 0.5 0.4 0.2 0.2 0.2 1936
1936 1.8 1.7 1.5 1.2 0.7 0.5 0.4 0.2 0.2 0.2 0.2 1937
$10,000
1937 1.7 1.5 1.4 1.1 0.7 0.4 0.3 0.2 0.2 0.2 0.2 0.3 1938
1938 1.5 1.4 1.2 1.0 0.6 0.4 0.3 0.2 0.2 0.2 0.2 0.1 0.0 1939
1939 1.4 1.3 1.1 0.9 0.6 0.3 0.3 0.2 0.1 0.1 0.1 0.1 0.0 0.0 1940 $1,000
1940 1.3 1.2 1.1 0.9 0.5 0.3 0.2 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.0 1941
1941 1.3 1.1 1.0 0.8 0.5 0.3 0.2 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.0 0.1 1942 $100 $21
1942 1.2 1.1 0.9 0.8 0.5 0.3 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.3 1943
1943 1.2 1.0 0.9 0.7 0.4 0.3 0.2 0.2 0.2 0.1 0.1 0.1 0.1 0.1 0.2 0.2 0.3 0.3 1944 $10
1944 1.1 1.0 0.9 0.7 0.4 0.3 0.2 0.2 0.2 0.2 0.2 0.2 0.1 0.2 0.2 0.3 0.3 0.3 0.3 1945
1945 1.1 1.0 0.8 0.7 0.4 0.3 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.3 0.3 0.3 0.3 0.3 1946 $1
1946 1.0 0.9 0.8 0.7 0.4 0.3 0.3 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.3 0.3 0.3 0.3 0.3 0.4 1947
1947 1.0 0.9 0.8 0.7 0.4 0.3 0.3 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.3 0.3 0.4 0.4 0.4 0.4 0.4 0.5 1948 $0
1948 1.0 0.9 0.8 0.7 0.4 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.4 0.4 0.4 0.5 0.5 0.6 0.7 0.8 1949 1926 2018
1950 1.0 0.9 0.8 0.7 0.5 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.5 0.5 0.6 0.6 0.7 0.7 0.8 0.9 1.0 1.1 1.2 1951
1951 1.0 0.9 0.9 0.7 0.6 0.5 0.4 0.4 0.4 0.4 0.5 0.5 0.5 0.5 0.6 0.6 0.7 0.7 0.8 0.8 0.9 1.0 1.2 1.3 1.3 1.5 1952
1952 1.1 1.0 0.9 0.8 0.6 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.6 0.6 0.6 0.7 0.8 0.8 0.9 0.9 1.0 1.1 1.3 1.4 1.4 1.6 1.7 1953
1953 1.1 1.0 0.9 0.8 0.7 0.6 0.6 0.5 0.6 0.6 0.6 0.6 0.6 0.7 0.7 0.8 0.8 0.9 1.0 1.0 1.1 1.2 1.3 1.5 1.5 1.7 1.7 1.8 1954
1954 1.1 1.0 0.9 0.8 0.7 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.7 0.7 0.7 0.8 0.9 0.9 0.9 1.0 1.1 1.2 1.3 1.4 1.4 1.5 1.4 1.3 0.9 1955
1955 1.1 1.0 0.9 0.8 0.7 0.6 0.6 0.6 0.6 0.6 0.7 0.7 0.7 0.7 0.8 0.8 0.9 1.0 1.0 1.1 1.1 1.2 1.3 1.4 1.4 1.5 1.5 1.4 1.2 1.6 1956
1956 1.1 1.1 1.0 0.9 0.8 0.7 0.7 0.7 0.7 0.7 0.7 0.8 0.8 0.8 0.9 0.9 1.0 1.1 1.1 1.2 1.3 1.3 1.4 1.5 1.6 1.6 1.7 1.7 1.6 2.0 2.5 1957
1957 1.2 1.1 1.1 1.0 0.8 0.8 0.8 0.8 0.8 0.8 0.9 0.9 0.9 1.0 1.0 1.1 1.1 1.2 1.3 1.3 1.4 1.5 1.6 1.7 1.8 1.9 1.9 2.0 2.0 2.4 2.8 3.1 1958
1958 1.2 1.1 1.1 1.0 0.9 0.8 0.8 0.8 0.8 0.9 0.9 0.9 0.9 1.0 1.0 1.1 1.2 1.2 1.3 1.3 1.4 1.5 1.6 1.7 1.7 1.8 1.9 1.9 1.9 2.2 2.4 2.3 1.5 1959
1959 1.3 1.2 1.1 1.1 0.9 0.9 0.9 0.9 0.9 0.9 1.0 1.0 1.0 1.1 1.1 1.2 1.3 1.3 1.4 1.4 1.5 1.6 1.7 1.8 1.9 1.9 2.0 2.0 2.1 2.3 2.5 2.5 2.2 3.0 1960
1960 1.3 1.2 1.2 1.1 1.0 1.0 0.9 0.9 1.0 1.0 1.0 1.1 1.1 1.2 1.2 1.3 1.3 1.4 1.5 1.5 1.6 1.7 1.8 1.9 1.9 2.0 2.1 2.1 2.2 2.4 2.5 2.6 2.4 2.8 2.7 1961
1961 1.3 1.3 1.2 1.1 1.0 1.0 1.0 1.0 1.0 1.0 1.1 1.1 1.1 1.2 1.3 1.3 1.4 1.4 1.5 1.6 1.6 1.7 1.8 1.9 2.0 2.0 2.1 2.1 2.2 2.3 2.5 2.5 2.3 2.6 2.4 2.1 1962
1962 1.4 1.3 1.3 1.2 1.1 1.0 1.0 1.0 1.1 1.1 1.1 1.2 1.2 1.3 1.3 1.4 1.4 1.5 1.6 1.6 1.7 1.8 1.9 1.9 2.0 2.1 2.1 2.2 2.2 2.4 2.5 2.5 2.4 2.6 2.5 2.4 2.7 1963
1963 1.4 1.4 1.3 1.2 1.1 1.1 1.1 1.1 1.1 1.2 1.2 1.2 1.3 1.3 1.4 1.4 1.5 1.6 1.6 1.7 1.8 1.9 2.0 2.0 2.1 2.2 2.2 2.3 2.3 2.5 2.6 2.6 2.5 2.7 2.7 2.7 2.9 3.1 1964
1964 1.5 1.4 1.4 1.3 1.2 1.2 1.2 1.2 1.2 1.2 1.3 1.3 1.4 1.4 1.5 1.5 1.6 1.7 1.7 1.8 1.9 2.0 2.0 2.1 2.2 2.3 2.3 2.4 2.4 2.6 2.7 2.7 2.7 2.9 2.8 2.9 3.1 3.3 3.5 1965
1965 1.5 1.5 1.4 1.4 1.3 1.3 1.3 1.3 1.3 1.3 1.4 1.4 1.5 1.5 1.6 1.6 1.7 1.8 1.8 1.9 2.0 2.1 2.1 2.2 2.3 2.4 2.4 2.5 2.5 2.7 2.8 2.9 2.8 3.0 3.0 3.1 3.3 3.5 3.7 3.9 1966
1966 1.6 1.6 1.5 1.5 1.4 1.3 1.4 1.4 1.4 1.4 1.5 1.5 1.6 1.6 1.7 1.7 1.8 1.9 1.9 2.0 2.1 2.2 2.3 2.4 2.4 2.5 2.6 2.7 2.7 2.9 3.0 3.0 3.0 3.2 3.3 3.4 3.6 3.8 4.1 4.3 4.8 1967
1967 1.7 1.6 1.6 1.5 1.5 1.4 1.4 1.4 1.5 1.5 1.6 1.6 1.7 1.7 1.8 1.8 1.9 2.0 2.0 2.1 2.2 2.3 2.4 2.5 2.5 2.6 2.7 2.8 2.8 3.0 3.1 3.2 3.2 3.3 3.4 3.5 3.7 3.9 4.1 4.3 4.5 4.2 1968
1968 1.7 1.7 1.7 1.6 1.5 1.5 1.5 1.6 1.6 1.6 1.7 1.7 1.8 1.8 1.9 2.0 2.0 2.1 2.2 2.2 2.3 2.4 2.5 2.6 2.7 2.8 2.8 2.9 3.0 3.1 3.3 3.3 3.3 3.5 3.6 3.7 3.9 4.1 4.3 4.5 4.7 4.7 5.2 1969
1969 1.8 1.8 1.8 1.7 1.7 1.6 1.7 1.7 1.7 1.8 1.8 1.9 1.9 2.0 2.0 2.1 2.2 2.3 2.3 2.4 2.5 2.6 2.7 2.8 2.9 3.0 3.0 3.1 3.2 3.4 3.5 3.6 3.6 3.8 3.9 4.0 4.3 4.5 4.7 4.9 5.2 5.3 5.9 6.6 1970
1970 2.0 1.9 1.9 1.9 1.8 1.8 1.8 1.8 1.8 1.9 1.9 2.0 2.1 2.1 2.2 2.3 2.3 2.4 2.5 2.6 2.7 2.8 2.9 3.0 3.0 3.1 3.2 3.3 3.4 3.6 3.7 3.8 3.8 4.0 4.1 4.3 4.5 4.7 5.0 5.2 5.5 5.6 6.1 6.6 6.5 1971
1971 2.0 2.0 1.9 1.9 1.8 1.8 1.9 1.9 1.9 2.0 2.0 2.1 2.1 2.2 2.3 2.3 2.4 2.5 2.6 2.6 2.7 2.8 2.9 3.0 3.1 3.2 3.3 3.4 3.4 3.6 3.7 3.8 3.9 4.0 4.1 4.3 4.5 4.7 4.9 5.1 5.3 5.4 5.7 5.8 5.5 4.4 1972
1972 2.0 2.0 2.0 2.0 1.9 1.9 1.9 1.9 2.0 2.0 2.1 2.1 2.2 2.2 2.3 2.4 2.4 2.5 2.6 2.7 2.8 2.9 3.0 3.0 3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.8 3.9 4.0 4.1 4.2 4.4 4.6 4.8 4.9 5.1 5.1 5.3 5.3 4.9 4.1 3.8 1973
1973 2.1 2.1 2.1 2.1 2.0 2.0 2.0 2.0 2.1 2.1 2.2 2.2 2.3 2.4 2.4 2.5 2.6 2.7 2.7 2.8 2.9 3.0 3.1 3.2 3.3 3.4 3.5 3.6 3.6 3.8 3.9 4.0 4.1 4.2 4.3 4.4 4.6 4.8 5.0 5.1 5.3 5.4 5.6 5.6 5.4 5.0 5.4 6.9 1974
1974 2.3 2.2 2.2 2.2 2.1 2.1 2.2 2.2 2.2 2.3 2.3 2.4 2.4 2.5 2.6 2.7 2.7 2.8 2.9 3.0 3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.8 3.8 4.0 4.1 4.2 4.3 4.5 4.6 4.7 4.9 5.1 5.3 5.4 5.6 5.7 5.9 6.0 5.9 5.8 6.2 7.5 8.0 1975
1975 2.3 2.3 2.3 2.3 2.2 2.2 2.2 2.3 2.3 2.4 2.4 2.5 2.5 2.6 2.7 2.8 2.8 2.9 3.0 3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.7 3.8 3.9 4.1 4.2 4.3 4.4 4.5 4.6 4.8 5.0 5.1 5.3 5.5 5.6 5.7 5.9 6.0 5.9 5.8 6.1 6.9 6.9 5.8 1976
1976 2.4 2.4 2.3 2.3 2.3 2.3 2.3 2.3 2.4 2.4 2.5 2.5 2.6 2.7 2.7 2.8 2.9 3.0 3.1 3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.8 3.9 4.0 4.1 4.2 4.3 4.4 4.6 4.7 4.8 5.0 5.1 5.3 5.4 5.6 5.6 5.8 5.9 5.8 5.7 5.9 6.4 6.3 5.4 5.1 1977
1977 2.4 2.4 2.4 2.4 2.3 2.3 2.4 2.4 2.4 2.5 2.5 2.6 2.7 2.7 2.8 2.9 3.0 3.0 3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.8 3.9 3.9 4.0 4.2 4.3 4.4 4.4 4.6 4.7 4.8 5.0 5.1 5.3 5.4 5.5 5.6 5.7 5.8 5.7 5.6 5.8 6.2 6.0 5.3 5.1 5.1 1978
1978 2.5 2.5 2.5 2.5 2.4 2.4 2.5 2.5 2.5 2.6 2.6 2.7 2.8 2.8 2.9 3.0 3.1 3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.8 3.9 4.0 4.1 4.2 4.3 4.4 4.5 4.6 4.7 4.8 4.9 5.1 5.3 5.4 5.5 5.7 5.7 5.9 5.9 5.9 5.8 6.0 6.3 6.2 5.8 5.8 6.1 7.2 1979
1979 2.7 2.6 2.6 2.6 2.6 2.6 2.6 2.7 2.7 2.8 2.8 2.9 2.9 3.0 3.1 3.2 3.3 3.3 3.4 3.5 3.6 3.7 3.8 3.9 4.0 4.1 4.2 4.3 4.4 4.5 4.7 4.8 4.8 5.0 5.1 5.2 5.4 5.5 5.7 5.8 6.0 6.1 6.2 6.3 6.3 6.3 6.5 6.9 6.9 6.7 6.9 7.5 8.8 10.4 1980
1980 2.8 2.8 2.8 2.8 2.7 2.7 2.8 2.8 2.9 2.9 3.0 3.1 3.1 3.2 3.3 3.4 3.5 3.5 3.6 3.7 3.8 3.9 4.0 4.1 4.2 4.3 4.4 4.5 4.6 4.8 4.9 5.0 5.1 5.3 5.4 5.5 5.7 5.9 6.0 6.2 6.3 6.4 6.6 6.7 6.7 6.8 7.0 7.4 7.5 7.4 7.8 8.5 9.6 10.8 11.2 1981
1981 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.1 3.1 3.2 3.2 3.3 3.4 3.5 3.5 3.6 3.7 3.8 3.9 4.0 4.1 4.2 4.3 4.4 4.5 4.7 4.8 4.9 5.0 5.1 5.3 5.4 5.5 5.7 5.8 5.9 6.1 6.3 6.5 6.7 6.8 7.0 7.2 7.3 7.4 7.5 7.8 8.2 8.4 8.4 8.9 9.7 10.8 12.1 13.0 14.7 1982
1982 3.1 3.1 3.1 3.1 3.1 3.1 3.2 3.2 3.3 3.3 3.4 3.5 3.5 3.6 3.7 3.8 3.9 4.0 4.1 4.2 4.3 4.4 4.5 4.6 4.7 4.8 4.9 5.1 5.2 5.3 5.5 5.6 5.7 5.9 6.0 6.1 6.3 6.5 6.7 6.9 7.0 7.2 7.4 7.6 7.6 7.7 8.0 8.5 8.6 8.7 9.1 9.8 10.8 11.7 12.1 12.6 10.5 1983
1983 3.2 3.2 3.2 3.2 3.2 3.2 3.3 3.3 3.4 3.4 3.5 3.6 3.6 3.7 3.8 3.9 4.0 4.1 4.2 4.3 4.4 4.5 4.6 4.7 4.8 4.9 5.1 5.2 5.3 5.4 5.6 5.7 5.8 6.0 6.1 6.2 6.4 6.6 6.8 7.0 7.1 7.3 7.5 7.6 7.7 7.8 8.1 8.5 8.6 8.7 9.1 9.7 10.4 11.1 11.3 11.3 9.7 8.8 1984
1984 3.3 3.3 3.3 3.3 3.3 3.3 3.4 3.4 3.5 3.6 3.6 3.7 3.8 3.9 3.9 4.0 4.1 4.2 4.3 4.4 4.5 4.6 4.8 4.9 5.0 5.1 5.2 5.3 5.4 5.6 5.7 5.8 5.9 6.1 6.2 6.4 6.6 6.8 6.9 7.1 7.3 7.4 7.6 7.8 7.9 7.9 8.2 8.6 8.8 8.8 9.2 9.7 10.4 10.9 11.0 11.0 9.7 9.3 9.8 1985
1985 3.4 3.4 3.4 3.4 3.4 3.4 3.5 3.5 3.6 3.6 3.7 3.8 3.9 3.9 4.0 4.1 4.2 4.3 4.4 4.5 4.6 4.7 4.8 4.9 5.1 5.2 5.3 5.4 5.5 5.7 5.8 5.9 6.0 6.2 6.3 6.4 6.6 6.8 7.0 7.1 7.3 7.4 7.6 7.8 7.8 7.9 8.2 8.5 8.7 8.7 9.0 9.5 10.0 10.4 10.5 10.3 9.2 8.8 8.8 7.7 1986
1986 3.5 3.5 3.5 3.5 3.4 3.5 3.5 3.6 3.6 3.7 3.8 3.8 3.9 4.0 4.1 4.2 4.3 4.3 4.4 4.5 4.6 4.8 4.9 5.0 5.1 5.2 5.3 5.4 5.5 5.7 5.8 5.9 6.0 6.2 6.3 6.4 6.6 6.8 6.9 7.1 7.3 7.4 7.5 7.7 7.7 7.8 8.1 8.4 8.5 8.5 8.8 9.1 9.6 9.9 9.8 9.6 8.6 8.1 7.9 6.9 6.2 1987
1987 3.5 3.5 3.5 3.5 3.5 3.5 3.5 3.6 3.7 3.7 3.8 3.9 3.9 4.0 4.1 4.2 4.3 4.4 4.5 4.6 4.7 4.8 4.9 5.0 5.1 5.2 5.3 5.4 5.5 5.7 5.8 5.9 6.0 6.2 6.3 6.4 6.6 6.7 6.9 7.0 7.2 7.3 7.4 7.6 7.6 7.7 7.9 8.2 8.3 8.3 8.5 8.8 9.2 9.4 9.3 9.0 8.1 7.6 7.3 6.4 5.8 5.5 1988
1988 3.5 3.5 3.5 3.5 3.5 3.5 3.6 3.6 3.7 3.8 3.8 3.9 4.0 4.1 4.1 4.2 4.3 4.4 4.5 4.6 4.7 4.8 4.9 5.0 5.1 5.2 5.3 5.4 5.5 5.7 5.8 5.9 6.0 6.2 6.3 6.4 6.6 6.7 6.9 7.0 7.1 7.2 7.4 7.5 7.6 7.6 7.8 8.1 8.1 8.1 8.3 8.6 8.9 9.1 8.9 8.7 7.8 7.4 7.1 6.4 6.0 5.9 6.3 1989
1989 3.6 3.6 3.6 3.6 3.6 3.6 3.7 3.7 3.8 3.8 3.9 4.0 4.1 4.1 4.2 4.3 4.4 4.5 4.6 4.7 4.8 4.9 5.0 5.1 5.2 5.3 5.4 5.5 5.6 5.8 5.9 6.0 6.1 6.2 6.3 6.5 6.6 6.8 6.9 7.1 7.2 7.3 7.4 7.5 7.6 7.6 7.8 8.1 8.1 8.2 8.3 8.6 8.9 9.0 8.9 8.6 7.9 7.5 7.3 6.8 6.6 6.7 7.4 8.4 1990
1990 3.7 3.7 3.7 3.7 3.7 3.7 3.7 3.8 3.8 3.9 4.0 4.1 4.1 4.2 4.3 4.4 4.5 4.6 4.7 4.8 4.9 5.0 5.1 5.2 5.3 5.4 5.5 5.6 5.7 5.8 5.9 6.0 6.1 6.3 6.4 6.5 6.7 6.8 6.9 7.1 7.2 7.3 7.5 7.6 7.6 7.7 7.8 8.1 8.1 8.1 8.3 8.5 8.8 8.9 8.8 8.5 7.9 7.6 7.4 7.0 6.8 7.0 7.5 8.1 7.8 1991
1991 3.7 3.7 3.7 3.7 3.7 3.7 3.8 3.8 3.9 3.9 4.0 4.1 4.2 4.2 4.3 4.4 4.5 4.6 4.7 4.8 4.9 5.0 5.1 5.2 5.3 5.4 5.5 5.6 5.7 5.8 5.9 6.0 6.1 6.3 6.4 6.5 6.6 6.8 6.9 7.0 7.1 7.2 7.4 7.5 7.5 7.6 7.7 7.9 8.0 8.0 8.1 8.3 8.6 8.7 8.5 8.3 7.7 7.3 7.2 6.8 6.6 6.7 7.0 7.3 6.7 5.6 1992
1992 3.7 3.7 3.7 3.7 3.7 3.7 3.8 3.8 3.9 3.9 4.0 4.1 4.1 4.2 4.3 4.4 4.5 4.6 4.7 4.7 4.8 4.9 5.0 5.1 5.2 5.3 5.4 5.5 5.6 5.7 5.9 6.0 6.0 6.2 6.3 6.4 6.5 6.7 6.8 6.9 7.0 7.1 7.2 7.3 7.3 7.4 7.5 7.7 7.7 7.7 7.8 8.0 8.2 8.3 8.1 7.9 7.3 6.9 6.7 6.4 6.2 6.2 6.3 6.3 5.6 4.5 3.5 1993
1993 3.7 3.7 3.7 3.7 3.7 3.7 3.8 3.8 3.9 3.9 4.0 4.1 4.1 4.2 4.3 4.4 4.4 4.5 4.6 4.7 4.8 4.9 5.0 5.1 5.2 5.3 5.4 5.5 5.5 5.7 5.8 5.9 6.0 6.1 6.2 6.3 6.4 6.5 6.7 6.8 6.9 6.9 7.0 7.1 7.1 7.2 7.3 7.5 7.5 7.5 7.6 7.7 7.9 7.9 7.7 7.5 6.9 6.6 6.4 6.0 5.8 5.7 5.7 5.6 4.9 4.0 3.2 2.9 1994
1994 3.7 3.7 3.7 3.7 3.7 3.7 3.8 3.8 3.9 3.9 4.0 4.1 4.1 4.2 4.3 4.4 4.4 4.5 4.6 4.7 4.8 4.9 5.0 5.1 5.2 5.2 5.3 5.4 5.5 5.6 5.7 5.8 5.9 6.0 6.1 6.2 6.3 6.5 6.6 6.7 6.8 6.8 6.9 7.0 7.0 7.0 7.1 7.3 7.3 7.3 7.4 7.5 7.6 7.7 7.5 7.2 6.7 6.3 6.1 5.8 5.5 5.5 5.5 5.3 4.7 4.0 3.4 3.4 3.9 1995
1995 3.7 3.7 3.7 3.7 3.7 3.7 3.8 3.8 3.9 3.9 4.0 4.1 4.1 4.2 4.3 4.4 4.5 4.5 4.6 4.7 4.8 4.9 5.0 5.1 5.2 5.2 5.3 5.4 5.5 5.6 5.7 5.8 5.9 6.0 6.1 6.2 6.3 6.4 6.5 6.6 6.7 6.8 6.9 6.9 7.0 7.0 7.1 7.2 7.2 7.2 7.3 7.4 7.5 7.5 7.4 7.1 6.6 6.3 6.1 5.7 5.6 5.5 5.5 5.4 4.9 4.3 4.0 4.1 4.7 5.6 1996
1996 3.7 3.7 3.8 3.8 3.7 3.8 3.8 3.8 3.9 4.0 4.0 4.1 4.2 4.2 4.3 4.4 4.5 4.5 4.6 4.7 4.8 4.9 5.0 5.1 5.2 5.2 5.3 5.4 5.5 5.6 5.7 5.8 5.9 6.0 6.1 6.2 6.3 6.4 6.5 6.6 6.7 6.7 6.8 6.9 6.9 6.9 7.0 7.1 7.2 7.1 7.2 7.3 7.4 7.4 7.2 7.0 6.5 6.2 6.0 5.7 5.5 5.5 5.5 5.3 4.9 4.4 4.2 4.4 4.9 5.4 5.2 1997
1997 3.8 3.8 3.8 3.8 3.8 3.8 3.8 3.9 3.9 4.0 4.1 4.1 4.2 4.3 4.3 4.4 4.5 4.6 4.6 4.7 4.8 4.9 5.0 5.1 5.2 5.2 5.3 5.4 5.5 5.6 5.7 5.8 5.9 6.0 6.0 6.1 6.3 6.4 6.5 6.5 6.6 6.7 6.8 6.8 6.8 6.8 6.9 7.1 7.1 7.0 7.1 7.2 7.3 7.3 7.1 6.9 6.4 6.1 6.0 5.7 5.5 5.4 5.4 5.3 5.0 4.6 4.4 4.6 5.0 5.4 5.2 5.3 1998
1998 3.8 3.8 3.8 3.8 3.8 3.8 3.8 3.9 3.9 4.0 4.1 4.1 4.2 4.3 4.3 4.4 4.5 4.6 4.6 4.7 4.8 4.9 5.0 5.1 5.2 5.2 5.3 5.4 5.5 5.6 5.7 5.8 5.8 5.9 6.0 6.1 6.2 6.3 6.4 6.5 6.6 6.6 6.7 6.8 6.8 6.8 6.9 7.0 7.0 6.9 7.0 7.1 7.2 7.2 7.0 6.8 6.3 6.1 5.9 5.6 5.4 5.4 5.4 5.3 5.0 4.6 4.5 4.6 5.0 5.2 5.1 5.1 4.9 1999
1999 3.8 3.8 3.8 3.8 3.8 3.8 3.9 3.9 4.0 4.0 4.1 4.1 4.2 4.3 4.3 4.4 4.5 4.6 4.6 4.7 4.8 4.9 5.0 5.1 5.1 5.2 5.3 5.4 5.5 5.6 5.7 5.7 5.8 5.9 6.0 6.1 6.2 6.3 6.4 6.4 6.5 6.6 6.6 6.7 6.7 6.7 6.8 6.9 6.9 6.8 6.9 7.0 7.1 7.1 6.9 6.7 6.2 6.0 5.8 5.5 5.4 5.3 5.3 5.2 4.9 4.6 4.5 4.6 4.9 5.1 5.0 4.9 4.8 4.7 2000
2000 3.8 3.8 3.8 3.8 3.8 3.8 3.9 3.9 4.0 4.0 4.1 4.2 4.2 4.3 4.4 4.4 4.5 4.6 4.7 4.7 4.8 4.9 5.0 5.1 5.2 5.2 5.3 5.4 5.5 5.6 5.7 5.7 5.8 5.9 6.0 6.1 6.2 6.3 6.3 6.4 6.5 6.5 6.6 6.7 6.7 6.7 6.8 6.9 6.9 6.8 6.9 6.9 7.0 7.0 6.8 6.6 6.2 6.0 5.8 5.6 5.4 5.4 5.4 5.3 5.0 4.7 4.6 4.8 5.1 5.2 5.2 5.2 5.1 5.3 5.9 2001
2001 3.8 3.8 3.8 3.8 3.8 3.8 3.9 3.9 4.0 4.0 4.1 4.2 4.2 4.3 4.4 4.4 4.5 4.6 4.7 4.7 4.8 4.9 5.0 5.1 5.1 5.2 5.3 5.4 5.4 5.5 5.6 5.7 5.8 5.9 5.9 6.0 6.1 6.2 6.3 6.4 6.4 6.5 6.5 6.6 6.6 6.6 6.7 6.8 6.7 6.7 6.7 6.8 6.9 6.9 6.7 6.5 6.1 5.9 5.7 5.5 5.3 5.3 5.3 5.2 4.9 4.7 4.6 4.7 4.9 5.0 5.0 4.9 4.8 4.8 4.9 3.8 2002
2002 3.8 3.8 3.8 3.8 3.8 3.8 3.9 3.9 3.9 4.0 4.1 4.1 4.2 4.2 4.3 4.4 4.5 4.5 4.6 4.7 4.8 4.8 4.9 5.0 5.1 5.1 5.2 5.3 5.4 5.5 5.5 5.6 5.7 5.8 5.8 5.9 6.0 6.1 6.2 6.2 6.3 6.3 6.4 6.4 6.4 6.4 6.5 6.6 6.6 6.5 6.5 6.6 6.7 6.6 6.5 6.3 5.9 5.7 5.5 5.3 5.1 5.0 5.0 4.9 4.7 4.4 4.3 4.4 4.5 4.6 4.5 4.4 4.2 4.0 3.8 2.7 1.6 2003
2003 3.7 3.8 3.8 3.8 3.8 3.8 3.8 3.9 3.9 4.0 4.0 4.1 4.1 4.2 4.3 4.3 4.4 4.5 4.5 4.6 4.7 4.8 4.8 4.9 5.0 5.1 5.1 5.2 5.3 5.4 5.4 5.5 5.6 5.7 5.7 5.8 5.9 6.0 6.0 6.1 6.1 6.2 6.2 6.3 6.3 6.3 6.3 6.4 6.4 6.3 6.3 6.4 6.4 6.4 6.2 6.0 5.7 5.4 5.3 5.0 4.9 4.8 4.8 4.7 4.4 4.1 4.0 4.1 4.2 4.2 4.0 3.9 3.6 3.4 3.1 2.2 1.3 1.0 2004
2004 3.7 3.7 3.7 3.7 3.7 3.7 3.8 3.8 3.9 3.9 4.0 4.0 4.1 4.2 4.2 4.3 4.4 4.4 4.5 4.6 4.6 4.7 4.8 4.9 4.9 5.0 5.1 5.1 5.2 5.3 5.4 5.4 5.5 5.6 5.6 5.7 5.8 5.8 5.9 6.0 6.0 6.1 6.1 6.1 6.1 6.1 6.2 6.2 6.2 6.1 6.2 6.2 6.2 6.2 6.0 5.8 5.5 5.2 5.1 4.8 4.7 4.6 4.5 4.4 4.2 3.9 3.8 3.8 3.9 3.9 3.7 3.5 3.3 3.0 2.7 1.9 1.3 1.1 1.2 2005
2005 3.7 3.7 3.7 3.7 3.7 3.7 3.8 3.8 3.9 3.9 4.0 4.0 4.1 4.1 4.2 4.3 4.3 4.4 4.5 4.5 4.6 4.7 4.7 4.8 4.9 5.0 5.0 5.1 5.1 5.2 5.3 5.4 5.4 5.5 5.6 5.6 5.7 5.8 5.8 5.9 5.9 6.0 6.0 6.0 6.0 6.0 6.1 6.1 6.1 6.0 6.1 6.1 6.1 6.1 5.9 5.7 5.4 5.1 5.0 4.7 4.6 4.5 4.5 4.3 4.1 3.9 3.7 3.8 3.8 3.8 3.6 3.5 3.2 3.0 2.7 2.1 1.7 1.7 2.1 3.0 2006
2006 3.7 3.7 3.7 3.7 3.7 3.7 3.8 3.8 3.9 3.9 4.0 4.0 4.1 4.1 4.2 4.3 4.3 4.4 4.5 4.5 4.6 4.7 4.8 4.8 4.9 5.0 5.0 5.1 5.1 5.2 5.3 5.4 5.4 5.5 5.5 5.6 5.7 5.7 5.8 5.9 5.9 5.9 6.0 6.0 6.0 6.0 6.0 6.1 6.1 6.0 6.0 6.0 6.1 6.0 5.9 5.7 5.3 5.1 5.0 4.7 4.6 4.5 4.5 4.4 4.1 3.9 3.8 3.8 3.9 3.9 3.7 3.6 3.4 3.2 3.0 2.6 2.3 2.5 3.0 3.9 4.8 2007
2007 3.7 3.7 3.7 3.7 3.7 3.8 3.8 3.8 3.9 3.9 4.0 4.0 4.1 4.2 4.2 4.3 4.3 4.4 4.5 4.5 4.6 4.7 4.7 4.8 4.9 4.9 5.0 5.1 5.1 5.2 5.3 5.3 5.4 5.5 5.5 5.6 5.7 5.7 5.8 5.8 5.9 5.9 6.0 6.0 6.0 5.9 6.0 6.0 6.0 6.0 6.0 6.0 6.0 6.0 5.8 5.6 5.3 5.1 4.9 4.7 4.6 4.5 4.5 4.4 4.2 4.0 3.9 3.9 4.0 4.0 3.8 3.7 3.5 3.4 3.2 2.9 2.7 2.9 3.4 4.1 4.7 4.7 2008
2008 3.7 3.7 3.7 3.7 3.7 3.7 3.8 3.8 3.8 3.9 3.9 4.0 4.1 4.1 4.2 4.2 4.3 4.4 4.4 4.5 4.6 4.6 4.7 4.8 4.8 4.9 4.9 5.0 5.1 5.1 5.2 5.3 5.3 5.4 5.4 5.5 5.6 5.6 5.7 5.7 5.8 5.8 5.8 5.9 5.8 5.8 5.9 5.9 5.9 5.8 5.8 5.9 5.9 5.8 5.7 5.5 5.2 5.0 4.8 4.6 4.5 4.4 4.3 4.2 4.0 3.8 3.7 3.7 3.8 3.8 3.7 3.5 3.4 3.2 3.1 2.7 2.5 2.7 3.0 3.5 3.7 3.1 1.6 2009
2009 3.7 3.7 3.7 3.7 3.7 3.7 3.7 3.7 3.8 3.8 3.9 3.9 4.0 4.1 4.1 4.2 4.2 4.3 4.4 4.4 4.5 4.6 4.6 4.7 4.7 4.8 4.9 4.9 5.0 5.1 5.1 5.2 5.2 5.3 5.3 5.4 5.5 5.5 5.6 5.6 5.6 5.7 5.7 5.7 5.7 5.7 5.7 5.8 5.7 5.7 5.7 5.7 5.7 5.6 5.5 5.3 5.0 4.8 4.6 4.4 4.3 4.2 4.1 4.0 3.8 3.6 3.5 3.5 3.6 3.5 3.4 3.3 3.1 2.9 2.8 2.4 2.2 2.3 2.5 2.8 2.8 2.1 0.8 0.1 2010
2010 3.6 3.6 3.6 3.6 3.6 3.6 3.7 3.7 3.7 3.8 3.8 3.9 3.9 4.0 4.1 4.1 4.2 4.2 4.3 4.4 4.4 4.5 4.5 4.6 4.7 4.7 4.8 4.8 4.9 5.0 5.0 5.1 5.1 5.2 5.2 5.3 5.3 5.4 5.4 5.5 5.5 5.5 5.6 5.6 5.6 5.5 5.6 5.6 5.6 5.5 5.5 5.5 5.5 5.5 5.3 5.1 4.8 4.6 4.5 4.3 4.1 4.0 4.0 3.9 3.7 3.5 3.3 3.3 3.4 3.3 3.2 3.0 2.9 2.7 2.5 2.2 2.0 2.0 2.2 2.4 2.2 1.6 0.6 0.1 0.1 2011
2011 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.7 3.7 3.7 3.8 3.8 3.9 3.9 4.0 4.1 4.1 4.2 4.2 4.3 4.4 4.4 4.5 4.5 4.6 4.6 4.7 4.8 4.8 4.9 4.9 5.0 5.0 5.1 5.1 5.2 5.2 5.3 5.3 5.4 5.4 5.4 5.4 5.4 5.4 5.4 5.4 5.5 5.4 5.4 5.3 5.3 5.4 5.3 5.1 5.0 4.6 4.4 4.3 4.1 4.0 3.9 3.8 3.7 3.5 3.3 3.2 3.2 3.2 3.1 3.0 2.8 2.7 2.5 2.3 2.0 1.8 1.8 1.9 2.0 1.9 1.3 0.5 0.1 0.1 0.0 2012
2012 3.5 3.5 3.5 3.5 3.5 3.5 3.6 3.6 3.7 3.7 3.7 3.8 3.8 3.9 3.9 4.0 4.1 4.1 4.2 4.2 4.3 4.3 4.4 4.5 4.5 4.6 4.6 4.7 4.7 4.8 4.8 4.9 4.9 5.0 5.0 5.1 5.1 5.2 5.2 5.3 5.3 5.3 5.3 5.3 5.3 5.3 5.3 5.3 5.3 5.2 5.2 5.2 5.2 5.1 5.0 4.8 4.5 4.3 4.1 3.9 3.8 3.7 3.7 3.5 3.3 3.1 3.0 3.0 3.0 3.0 2.8 2.7 2.5 2.3 2.1 1.8 1.6 1.6 1.7 1.8 1.6 1.1 0.4 0.1 0.1 0.1 0.1 2013
2013 3.5 3.5 3.5 3.5 3.5 3.5 3.5 3.6 3.6 3.6 3.7 3.7 3.8 3.8 3.9 3.9 4.0 4.1 4.1 4.2 4.2 4.3 4.3 4.4 4.4 4.5 4.5 4.6 4.6 4.7 4.8 4.8 4.8 4.9 4.9 5.0 5.0 5.1 5.1 5.1 5.2 5.2 5.2 5.2 5.2 5.1 5.2 5.2 5.1 5.1 5.1 5.1 5.1 5.0 4.8 4.7 4.4 4.2 4.0 3.8 3.7 3.6 3.5 3.4 3.2 3.0 2.9 2.9 2.9 2.8 2.6 2.5 2.3 2.2 2.0 1.7 1.5 1.5 1.5 1.6 1.4 0.9 0.3 0.1 0.1 0.0 0.0 0.0 2014
2014 3.5 3.5 3.5 3.5 3.4 3.5 3.5 3.5 3.6 3.6 3.6 3.7 3.7 3.8 3.8 3.9 3.9 4.0 4.0 4.1 4.2 4.2 4.3 4.3 4.4 4.4 4.5 4.5 4.6 4.6 4.7 4.7 4.7 4.8 4.8 4.9 4.9 5.0 5.0 5.0 5.1 5.1 5.1 5.1 5.1 5.0 5.0 5.1 5.0 4.9 4.9 4.9 4.9 4.9 4.7 4.5 4.2 4.0 3.9 3.7 3.5 3.5 3.4 3.3 3.1 2.9 2.8 2.7 2.7 2.7 2.5 2.4 2.2 2.0 1.8 1.6 1.4 1.4 1.4 1.4 1.3 0.8 0.3 0.1 0.1 0.0 0.0 0.0 0.0 2015
2015 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.5 3.5 3.6 3.6 3.6 3.7 3.7 3.8 3.8 3.9 3.9 4.0 4.0 4.1 4.2 4.2 4.3 4.3 4.4 4.4 4.4 4.5 4.6 4.6 4.6 4.7 4.7 4.8 4.8 4.8 4.9 4.9 4.9 5.0 5.0 5.0 5.0 4.9 4.9 4.9 4.9 4.9 4.8 4.8 4.8 4.8 4.7 4.6 4.4 4.1 3.9 3.8 3.6 3.4 3.3 3.3 3.1 2.9 2.8 2.6 2.6 2.6 2.5 2.4 2.2 2.1 1.9 1.7 1.5 1.3 1.3 1.3 1.3 1.1 0.7 0.2 0.1 0.0 0.0 0.0 0.0 0.0 0.0 2016
2016 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.5 3.5 3.6 3.6 3.6 3.7 3.7 3.8 3.8 3.9 3.9 4.0 4.0 4.1 4.1 4.2 4.2 4.3 4.3 4.4 4.4 4.5 4.5 4.6 4.6 4.6 4.7 4.7 4.8 4.8 4.8 4.8 4.9 4.9 4.9 4.9 4.8 4.8 4.8 4.8 4.8 4.7 4.7 4.7 4.7 4.6 4.4 4.3 4.0 3.8 3.6 3.5 3.3 3.2 3.1 3.0 2.8 2.7 2.5 2.5 2.5 2.4 2.3 2.1 2.0 1.8 1.6 1.4 1.2 1.2 1.2 1.2 1.0 0.7 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.2 2017
2017 3.4 3.4 3.4 3.4 3.3 3.3 3.4 3.4 3.4 3.5 3.5 3.6 3.6 3.7 3.7 3.8 3.8 3.8 3.9 3.9 4.0 4.0 4.1 4.1 4.2 4.2 4.3 4.3 4.4 4.4 4.5 4.5 4.5 4.6 4.6 4.6 4.7 4.7 4.7 4.8 4.8 4.8 4.8 4.8 4.8 4.7 4.7 4.7 4.7 4.6 4.6 4.6 4.6 4.5 4.3 4.2 3.9 3.7 3.6 3.4 3.2 3.1 3.1 3.0 2.8 2.6 2.5 2.4 2.4 2.4 2.2 2.1 1.9 1.8 1.6 1.3 1.2 1.2 1.2 1.2 1.0 0.7 0.3 0.2 0.2 0.2 0.2 0.2 0.3 0.3 0.5 0.8 2018
2018 3.3 3.3 3.3 3.3 3.3 3.3 3.4 3.4 3.4 3.5 3.5 3.5 3.6 3.6 3.7 3.7 3.8 3.8 3.9 3.9 4.0 4.0 4.1 4.1 4.2 4.2 4.2 4.3 4.3 4.4 4.4 4.5 4.5 4.5 4.6 4.6 4.6 4.7 4.7 4.7 4.7 4.7 4.7 4.7 4.7 4.7 4.7 4.7 4.6 4.6 4.5 4.5 4.5 4.4 4.3 4.1 3.8 3.7 3.5 3.3 3.2 3.1 3.0 2.9 2.7 2.6 2.4 2.4 2.4 2.3 2.2 2.1 1.9 1.8 1.6 1.4 1.2 1.2 1.2 1.2 1.1 0.8 0.4 0.3 0.3 0.4 0.4 0.5 0.6 0.7 0.9 1.3 1.8
1926 1927 1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
1926
1926 7.8 1927
1927 8.3 8.9 1928
1928 5.5 4.4 0.1 1929
1929 5.0 4.1 1.7 3.4 1930
Long-Term Government Bonds
1930 4.9 4.2 2.7 4.0 4.7 1931 1926–2018: Total Returns (%)
1931 3.1 2.2 0.6 0.8 -0.5 -5.3 1932
1932 5.0 4.5 3.7 4.6 5.0 5.2 16.8 1933
1933 4.4 3.9 3.1 3.7 3.7 3.4 8.1 -0.1 1934
1934 5.0 4.6 4.0 4.7 4.9 5.0 8.7 4.9 10.0 1935 Growth of $1
$100,000
1935 5.0 4.7 4.1 4.7 5.0 5.0 7.8 4.9 7.5 5.0 1936
1936 5.2 4.9 4.5 5.1 5.3 5.4 7.7 5.5 7.5 6.2 7.5 1937
$10,000
1937 4.8 4.5 4.1 4.5 4.7 4.7 6.4 4.5 5.6 4.2 3.8 0.2 1938
1938 4.8 4.6 4.2 4.6 4.8 4.8 6.3 4.6 5.6 4.5 4.4 2.8 5.5 1939
$1,000
1939 4.9 4.7 4.4 4.7 4.9 4.9 6.3 4.8 5.7 4.8 4.8 3.9 5.7 5.9 1940 $142
1940 5.0 4.8 4.5 4.9 5.0 5.0 6.2 5.0 5.7 5.0 5.0 4.4 5.9 6.0 6.1 1941
1941 4.7 4.5 4.2 4.5 4.6 4.6 5.7 4.5 5.1 4.4 4.3 3.7 4.6 4.3 3.5 0.9 1942 $100
1942 4.6 4.5 4.2 4.5 4.5 4.5 5.5 4.4 4.9 4.3 4.2 3.6 4.3 4.0 3.4 2.1 3.2 1943
1943 4.5 4.3 4.0 4.3 4.4 4.3 5.2 4.2 4.6 4.0 3.9 3.4 3.9 3.6 3.1 2.1 2.6 2.1 1944 $10
1944 4.4 4.2 4.0 4.2 4.3 4.2 5.0 4.1 4.5 3.9 3.8 3.3 3.8 3.5 3.0 2.3 2.7 2.4 2.8 1945
1945 4.7 4.6 4.3 4.6 4.6 4.6 5.4 4.6 5.0 4.5 4.5 4.1 4.6 4.5 4.3 3.9 4.7 5.1 6.7 10.7 1946 $1
1946 4.5 4.3 4.1 4.3 4.4 4.3 5.0 4.2 4.6 4.1 4.0 3.7 4.1 3.9 3.6 3.2 3.7 3.8 4.4 5.2 -0.1 1947
1947 4.1 4.0 3.7 3.9 4.0 3.9 4.5 3.8 4.0 3.6 3.5 3.1 3.4 3.2 2.8 2.4 2.6 2.5 2.6 2.5 -1.4 -2.6 1948 $0
1948 4.1 4.0 3.7 3.9 3.9 3.9 4.5 3.7 4.0 3.6 3.5 3.1 3.4 3.2 2.9 2.5 2.7 2.6 2.7 2.7 0.2 0.3 3.4 1949 1926 2018
1950 4.0 3.9 3.7 3.8 3.9 3.8 4.3 3.7 3.9 3.5 3.4 3.1 3.4 3.2 2.9 2.6 2.8 2.8 2.9 2.9 1.4 1.8 3.3 3.2 0.1 1951
1951 3.7 3.6 3.3 3.5 3.5 3.4 3.9 3.3 3.4 3.1 3.0 2.7 2.8 2.6 2.4 2.0 2.1 2.0 2.0 1.9 0.5 0.6 1.4 0.8 -2.0 -3.9 1952
1952 3.6 3.5 3.3 3.4 3.4 3.3 3.8 3.2 3.3 3.0 2.8 2.6 2.7 2.5 2.3 1.9 2.0 1.9 1.9 1.8 0.6 0.7 1.4 0.9 -0.9 -1.4 1.2 1953
1953 3.6 3.5 3.3 3.4 3.4 3.3 3.8 3.2 3.3 3.0 2.9 2.6 2.8 2.6 2.4 2.1 2.2 2.1 2.1 2.0 1.0 1.1 1.7 1.4 0.2 0.2 2.4 3.6 1954
1954 3.7 3.6 3.4 3.5 3.6 3.5 3.9 3.4 3.5 3.2 3.1 2.9 3.0 2.9 2.7 2.4 2.6 2.5 2.5 2.5 1.6 1.8 2.5 2.4 1.6 1.9 4.0 5.4 7.2 1955
1955 3.6 3.4 3.2 3.4 3.4 3.3 3.7 3.1 3.3 3.0 2.9 2.6 2.8 2.6 2.4 2.2 2.3 2.2 2.2 2.2 1.3 1.5 2.0 1.8 1.1 1.3 2.6 3.1 2.9 -1.3 1956
1956 3.3 3.1 2.9 3.0 3.0 3.0 3.3 2.8 2.9 2.6 2.5 2.2 2.3 2.2 1.9 1.7 1.7 1.6 1.6 1.5 0.7 0.8 1.1 0.9 0.1 0.1 0.9 0.9 0.0 -3.5 -5.6 1957
1957 3.4 3.3 3.1 3.2 3.2 3.1 3.5 3.0 3.1 2.8 2.7 2.5 2.6 2.4 2.2 2.0 2.1 2.0 2.0 1.9 1.2 1.4 1.8 1.6 1.0 1.1 2.0 2.2 1.8 0.0 0.7 7.5 1958
1958 3.1 3.0 2.8 2.9 2.8 2.8 3.1 2.6 2.7 2.4 2.3 2.1 2.1 2.0 1.8 1.5 1.6 1.5 1.4 1.3 0.6 0.7 1.0 0.8 0.2 0.2 0.8 0.7 0.2 -1.5 -1.6 0.5 -6.1 1959
1959 2.9 2.8 2.6 2.7 2.7 2.6 2.9 2.4 2.5 2.2 2.1 1.9 1.9 1.8 1.6 1.3 1.4 1.3 1.2 1.1 0.4 0.5 0.7 0.5 -0.1 -0.1 0.4 0.3 -0.2 -1.7 -1.8 -0.5 -4.2 -2.3 1960
1960 3.2 3.1 2.9 3.0 3.0 2.9 3.2 2.8 2.9 2.6 2.5 2.3 2.4 2.3 2.1 1.9 2.0 1.9 1.9 1.8 1.3 1.4 1.7 1.5 1.1 1.2 1.8 1.9 1.6 0.7 1.2 2.9 1.5 5.5 13.8 1961
1961 3.2 3.0 2.9 3.0 2.9 2.9 3.2 2.7 2.8 2.6 2.5 2.3 2.4 2.2 2.1 1.9 1.9 1.9 1.8 1.8 1.3 1.3 1.6 1.5 1.1 1.2 1.7 1.8 1.6 0.8 1.1 2.5 1.3 3.9 7.2 1.0 1962
1962 3.3 3.1 3.0 3.1 3.1 3.0 3.3 2.9 3.0 2.7 2.6 2.5 2.5 2.4 2.3 2.1 2.2 2.1 2.1 2.1 1.6 1.7 2.0 1.9 1.5 1.7 2.2 2.3 2.1 1.5 1.9 3.2 2.4 4.7 7.1 3.9 6.9 1963
1963 3.2 3.1 2.9 3.0 3.0 3.0 3.2 2.8 2.9 2.7 2.6 2.4 2.5 2.4 2.2 2.1 2.1 2.1 2.1 2.0 1.6 1.7 1.9 1.8 1.5 1.6 2.1 2.2 2.0 1.5 1.8 3.0 2.2 4.0 5.6 3.0 4.0 1.2 1964
1964 3.2 3.1 2.9 3.0 3.0 3.0 3.2 2.8 2.9 2.7 2.6 2.4 2.5 2.4 2.3 2.1 2.2 2.1 2.1 2.1 1.7 1.8 2.0 1.9 1.6 1.8 2.2 2.3 2.2 1.7 2.0 3.0 2.4 3.9 5.2 3.1 3.8 2.4 3.5 1965
1965 3.2 3.0 2.9 3.0 3.0 2.9 3.2 2.8 2.9 2.6 2.6 2.4 2.5 2.4 2.2 2.1 2.1 2.1 2.1 2.0 1.6 1.7 2.0 1.9 1.6 1.7 2.1 2.2 2.1 1.6 1.9 2.8 2.2 3.4 4.4 2.6 3.1 1.8 2.1 0.7 1966
1966 3.2 3.1 2.9 3.0 3.0 2.9 3.2 2.8 2.9 2.7 2.6 2.4 2.5 2.4 2.3 2.1 2.2 2.1 2.1 2.1 1.7 1.8 2.0 2.0 1.7 1.8 2.2 2.3 2.2 1.8 2.1 2.9 2.4 3.5 4.3 2.8 3.2 2.3 2.6 2.2 3.7 1967
1967 2.9 2.7 2.6 2.7 2.6 2.6 2.8 2.4 2.5 2.3 2.2 2.0 2.1 2.0 1.8 1.7 1.7 1.7 1.6 1.6 1.2 1.2 1.4 1.3 1.1 1.1 1.5 1.5 1.3 0.9 1.1 1.7 1.1 2.0 2.5 1.0 1.0 -0.1 -0.5 -1.8 -3.0 -9.2 1968
1968 2.8 2.7 2.5 2.6 2.6 2.5 2.7 2.4 2.4 2.2 2.1 2.0 2.0 1.9 1.8 1.6 1.6 1.6 1.6 1.5 1.1 1.2 1.4 1.3 1.0 1.1 1.4 1.4 1.2 0.8 1.0 1.5 1.0 1.7 2.2 0.8 0.8 -0.2 -0.4 -1.4 -2.1 -4.8 -0.3 1969
1969 2.6 2.5 2.3 2.4 2.4 2.3 2.5 2.1 2.2 2.0 1.9 1.7 1.8 1.7 1.5 1.4 1.4 1.3 1.3 1.2 0.9 0.9 1.1 1.0 0.7 0.7 1.0 1.0 0.8 0.4 0.5 1.0 0.5 1.1 1.4 0.2 0.1 -0.9 -1.2 -2.1 -2.8 -4.9 -2.7 -5.1 1970
1970 2.8 2.7 2.5 2.6 2.6 2.5 2.7 2.4 2.5 2.3 2.2 2.0 2.1 2.0 1.9 1.7 1.7 1.7 1.7 1.6 1.3 1.3 1.5 1.4 1.2 1.3 1.5 1.6 1.4 1.1 1.3 1.8 1.3 2.0 2.4 1.3 1.3 0.7 0.6 0.1 0.0 -0.9 2.0 3.2 12.1 1971
1971 3.0 2.9 2.8 2.8 2.8 2.8 3.0 2.7 2.7 2.5 2.5 2.3 2.4 2.3 2.2 2.1 2.1 2.1 2.1 2.0 1.7 1.8 2.0 1.9 1.7 1.8 2.1 2.1 2.1 1.8 2.0 2.5 2.1 2.8 3.2 2.3 2.5 2.0 2.1 1.9 2.1 1.8 4.7 6.4 12.7 13.2 1972
1972 3.1 3.0 2.8 2.9 2.9 2.8 3.1 2.7 2.8 2.6 2.6 2.4 2.5 2.4 2.3 2.2 2.2 2.2 2.2 2.2 1.9 1.9 2.1 2.1 1.9 2.0 2.3 2.3 2.3 2.0 2.2 2.7 2.4 3.0 3.4 2.6 2.8 2.4 2.5 2.3 2.6 2.4 4.9 6.2 10.3 9.4 5.7 1973
1973 3.0 2.9 2.8 2.8 2.8 2.8 3.0 2.6 2.7 2.5 2.5 2.3 2.4 2.3 2.2 2.1 2.1 2.1 2.1 2.1 1.8 1.8 2.0 1.9 1.8 1.8 2.1 2.2 2.1 1.8 2.0 2.5 2.2 2.7 3.1 2.3 2.4 2.0 2.1 2.0 2.1 1.9 3.9 4.7 7.3 5.8 2.2 -1.1 1974
1974 3.0 2.9 2.8 2.8 2.8 2.8 3.0 2.7 2.7 2.6 2.5 2.4 2.4 2.4 2.3 2.1 2.2 2.2 2.2 2.1 1.8 1.9 2.1 2.0 1.9 1.9 2.2 2.3 2.2 1.9 2.1 2.6 2.3 2.8 3.2 2.5 2.6 2.2 2.3 2.2 2.4 2.2 3.9 4.7 6.7 5.4 2.9 1.6 4.4 1975
1975 3.1 3.0 2.9 3.0 3.0 2.9 3.1 2.8 2.9 2.7 2.7 2.6 2.6 2.5 2.4 2.3 2.4 2.4 2.4 2.4 2.1 2.2 2.3 2.3 2.1 2.2 2.5 2.5 2.5 2.3 2.5 2.9 2.7 3.2 3.5 2.9 3.0 2.7 2.9 2.8 3.0 3.0 4.6 5.3 7.1 6.2 4.5 4.1 6.7 9.2 1976
1976 3.4 3.3 3.2 3.2 3.2 3.2 3.4 3.1 3.2 3.0 3.0 2.9 3.0 2.9 2.8 2.7 2.8 2.8 2.8 2.8 2.5 2.6 2.8 2.8 2.6 2.7 3.0 3.1 3.1 2.9 3.1 3.6 3.4 3.9 4.3 3.7 3.9 3.7 3.9 3.9 4.2 4.3 5.9 6.7 8.5 7.9 6.8 7.1 10.0 12.9 16.8 1977
1977 3.3 3.2 3.1 3.2 3.2 3.1 3.3 3.0 3.1 3.0 2.9 2.8 2.9 2.8 2.7 2.6 2.7 2.7 2.7 2.7 2.4 2.5 2.7 2.7 2.5 2.6 2.9 2.9 2.9 2.7 2.9 3.3 3.1 3.7 4.0 3.4 3.6 3.4 3.5 3.5 3.8 3.8 5.2 5.8 7.3 6.6 5.5 5.5 7.2 8.2 7.7 -0.7 1978
1978 3.2 3.1 3.0 3.1 3.1 3.0 3.2 2.9 3.0 2.9 2.8 2.7 2.8 2.7 2.6 2.5 2.6 2.5 2.6 2.6 2.3 2.4 2.6 2.5 2.4 2.5 2.7 2.8 2.8 2.6 2.7 3.1 2.9 3.4 3.7 3.2 3.3 3.1 3.2 3.2 3.4 3.4 4.6 5.1 6.3 5.6 4.5 4.4 5.5 5.8 4.6 -0.9 -1.2 1979
1979 3.1 3.0 2.9 3.0 3.0 2.9 3.1 2.9 2.9 2.8 2.7 2.6 2.7 2.6 2.5 2.4 2.5 2.4 2.5 2.4 2.2 2.3 2.4 2.4 2.3 2.3 2.6 2.6 2.6 2.4 2.6 2.9 2.7 3.2 3.5 2.9 3.1 2.8 2.9 2.9 3.1 3.0 4.1 4.5 5.5 4.8 3.8 3.5 4.3 4.3 3.1 -1.0 -1.2 -1.2 1980
1980 3.0 2.9 2.8 2.9 2.8 2.8 3.0 2.7 2.8 2.6 2.6 2.5 2.5 2.4 2.3 2.3 2.3 2.3 2.3 2.3 2.0 2.1 2.2 2.2 2.1 2.1 2.3 2.4 2.3 2.2 2.3 2.6 2.4 2.8 3.1 2.6 2.7 2.4 2.5 2.5 2.6 2.5 3.5 3.8 4.6 3.9 2.9 2.6 3.1 2.9 1.7 -1.8 -2.1 -2.6 -3.9 1981
1981 3.0 2.9 2.8 2.8 2.8 2.8 3.0 2.7 2.7 2.6 2.5 2.4 2.5 2.4 2.3 2.2 2.3 2.3 2.3 2.2 2.0 2.1 2.2 2.2 2.1 2.1 2.3 2.4 2.3 2.2 2.3 2.6 2.4 2.8 3.0 2.6 2.6 2.4 2.5 2.4 2.5 2.5 3.3 3.6 4.4 3.7 2.8 2.5 2.9 2.7 1.7 -1.1 -1.1 -1.1 -1.1 1.9 1982
1982 3.5 3.5 3.4 3.4 3.4 3.4 3.6 3.3 3.4 3.3 3.2 3.1 3.2 3.2 3.1 3.0 3.1 3.1 3.1 3.1 2.9 3.0 3.2 3.1 3.0 3.1 3.4 3.5 3.4 3.3 3.5 3.9 3.7 4.1 4.4 4.0 4.2 4.0 4.2 4.2 4.4 4.5 5.5 5.9 6.8 6.4 5.8 5.8 6.6 6.8 6.5 4.9 6.0 7.9 11.2 19.6 40.4 1983
1983 3.5 3.4 3.3 3.4 3.4 3.4 3.5 3.3 3.3 3.2 3.2 3.1 3.2 3.1 3.0 3.0 3.0 3.0 3.0 3.0 2.8 2.9 3.1 3.1 3.0 3.1 3.3 3.4 3.4 3.2 3.4 3.7 3.6 4.0 4.3 3.9 4.0 3.9 4.0 4.0 4.2 4.3 5.2 5.5 6.3 5.9 5.3 5.3 6.0 6.1 5.8 4.3 5.1 6.4 8.4 12.9 18.9 0.7 1984
1984 3.7 3.6 3.5 3.6 3.6 3.6 3.7 3.5 3.6 3.4 3.4 3.3 3.4 3.4 3.3 3.2 3.3 3.3 3.3 3.3 3.2 3.2 3.4 3.4 3.3 3.4 3.6 3.7 3.7 3.6 3.8 4.1 4.0 4.4 4.7 4.3 4.5 4.4 4.5 4.6 4.8 4.9 5.7 6.1 6.9 6.6 6.1 6.1 6.8 7.0 6.8 5.6 6.5 7.9 9.8 13.5 17.7 7.8 15.5 1985
1985 4.1 4.0 3.9 4.0 4.0 4.0 4.2 4.0 4.0 3.9 3.9 3.8 3.9 3.9 3.8 3.8 3.8 3.9 3.9 3.9 3.8 3.9 4.0 4.1 4.0 4.1 4.4 4.5 4.5 4.4 4.6 5.0 4.9 5.3 5.6 5.3 5.5 5.4 5.6 5.7 6.0 6.1 7.0 7.5 8.3 8.0 7.7 7.8 8.6 9.0 9.0 8.2 9.3 10.9 13.1 16.8 20.9 15.0 23.0 31.0 1986
1986 4.4 4.3 4.3 4.3 4.3 4.3 4.5 4.3 4.4 4.3 4.3 4.2 4.3 4.3 4.2 4.2 4.3 4.3 4.3 4.4 4.2 4.3 4.5 4.6 4.5 4.6 4.9 5.0 5.0 5.0 5.2 5.6 5.5 5.9 6.3 6.0 6.2 6.1 6.4 6.5 6.8 6.9 7.9 8.3 9.2 9.0 8.7 8.9 9.8 10.2 10.3 9.7 10.9 12.5 14.6 18.1 21.6 17.3 23.5 27.7 24.5 1987
1987 4.3 4.2 4.1 4.2 4.2 4.2 4.4 4.2 4.3 4.2 4.1 4.1 4.2 4.1 4.1 4.0 4.1 4.1 4.2 4.2 4.1 4.2 4.3 4.4 4.3 4.4 4.7 4.8 4.8 4.7 4.9 5.3 5.2 5.6 5.9 5.6 5.8 5.8 6.0 6.1 6.3 6.5 7.3 7.7 8.5 8.3 8.0 8.1 8.8 9.2 9.2 8.5 9.5 10.7 12.3 14.9 17.2 13.0 16.3 16.6 10.1 -2.7 1988
1988 4.4 4.3 4.2 4.3 4.3 4.3 4.5 4.3 4.4 4.3 4.2 4.2 4.3 4.2 4.2 4.2 4.2 4.2 4.3 4.3 4.2 4.3 4.5 4.5 4.4 4.6 4.8 4.9 4.9 4.9 5.1 5.4 5.4 5.8 6.0 5.8 6.0 5.9 6.1 6.2 6.5 6.6 7.4 7.8 8.5 8.4 8.1 8.2 8.9 9.2 9.2 8.6 9.5 10.6 12.0 14.2 16.1 12.5 15.0 14.9 9.9 3.3 9.7 1989
1989 4.6 4.5 4.4 4.5 4.5 4.5 4.7 4.5 4.6 4.5 4.5 4.4 4.5 4.5 4.5 4.4 4.5 4.5 4.6 4.6 4.5 4.6 4.8 4.8 4.8 4.9 5.1 5.2 5.3 5.2 5.4 5.8 5.7 6.1 6.4 6.2 6.4 6.4 6.6 6.7 6.9 7.1 7.9 8.3 9.0 8.8 8.6 8.8 9.4 9.8 9.8 9.3 10.2 11.3 12.6 14.6 16.3 13.2 15.5 15.5 11.9 8.0 13.8 18.1 1990
1990 4.6 4.5 4.5 4.5 4.6 4.6 4.7 4.5 4.6 4.5 4.5 4.5 4.5 4.5 4.5 4.5 4.5 4.6 4.6 4.7 4.5 4.6 4.8 4.8 4.8 4.9 5.2 5.3 5.3 5.3 5.5 5.8 5.7 6.1 6.4 6.2 6.4 6.3 6.5 6.7 6.9 7.0 7.8 8.2 8.9 8.7 8.5 8.6 9.2 9.6 9.6 9.1 9.9 10.8 12.0 13.7 15.2 12.3 14.1 13.9 10.8 7.6 11.2 12.0 6.2 1991
1991 4.8 4.7 4.7 4.8 4.8 4.8 5.0 4.8 4.9 4.8 4.8 4.7 4.8 4.8 4.8 4.7 4.8 4.8 4.9 4.9 4.8 4.9 5.1 5.2 5.1 5.2 5.5 5.6 5.7 5.6 5.8 6.2 6.1 6.5 6.8 6.6 6.8 6.8 7.0 7.1 7.4 7.5 8.3 8.7 9.3 9.2 9.0 9.2 9.8 10.1 10.2 9.7 10.5 11.5 12.6 14.2 15.6 13.1 14.8 14.6 12.1 9.8 13.2 14.4 12.6 19.3 1992
1992 4.8 4.8 4.7 4.8 4.8 4.8 5.0 4.8 4.9 4.8 4.8 4.8 4.9 4.8 4.8 4.8 4.9 4.9 5.0 5.0 4.9 5.0 5.2 5.2 5.2 5.3 5.6 5.7 5.7 5.7 5.9 6.2 6.2 6.6 6.8 6.6 6.8 6.8 7.0 7.1 7.4 7.5 8.3 8.6 9.3 9.1 9.0 9.1 9.7 10.0 10.0 9.6 10.4 11.2 12.2 13.7 14.9 12.6 14.0 13.8 11.5 9.5 12.1 12.8 11.0 13.5 8.1 1993
1993 5.0 5.0 4.9 5.0 5.0 5.0 5.2 5.0 5.1 5.0 5.0 5.0 5.1 5.1 5.1 5.0 5.1 5.2 5.2 5.3 5.2 5.3 5.4 5.5 5.5 5.6 5.8 6.0 6.0 6.0 6.2 6.5 6.5 6.9 7.2 7.0 7.2 7.2 7.4 7.5 7.8 7.9 8.6 9.0 9.6 9.5 9.4 9.5 10.1 10.4 10.5 10.1 10.8 11.7 12.7 14.1 15.1 13.1 14.4 14.3 12.4 10.7 13.1 13.8 12.8 15.1 13.0 18.2 1994
1994 4.8 4.8 4.7 4.8 4.8 4.8 5.0 4.8 4.9 4.8 4.8 4.8 4.8 4.8 4.8 4.8 4.9 4.9 4.9 5.0 4.9 5.0 5.1 5.2 5.2 5.3 5.5 5.6 5.7 5.6 5.8 6.1 6.1 6.4 6.7 6.5 6.7 6.7 6.8 7.0 7.2 7.3 8.0 8.3 8.9 8.7 8.6 8.7 9.2 9.4 9.4 9.0 9.6 10.4 11.2 12.3 13.2 11.2 12.2 11.9 9.9 8.2 9.9 9.9 8.3 8.9 5.6 4.4 -7.8 1995
1995 5.2 5.1 5.1 5.2 5.2 5.2 5.4 5.2 5.3 5.2 5.2 5.2 5.3 5.2 5.2 5.2 5.3 5.3 5.4 5.5 5.3 5.5 5.6 5.7 5.7 5.8 6.0 6.1 6.2 6.2 6.4 6.7 6.7 7.1 7.3 7.1 7.3 7.3 7.5 7.7 7.9 8.1 8.7 9.1 9.7 9.6 9.4 9.6 10.1 10.4 10.4 10.1 10.8 11.5 12.4 13.5 14.4 12.6 13.7 13.5 11.9 10.6 12.4 12.8 11.9 13.1 11.6 12.8 10.2 31.7 1996
1996 5.1 5.0 5.0 5.1 5.1 5.1 5.3 5.1 5.2 5.1 5.1 5.1 5.1 5.1 5.1 5.1 5.2 5.2 5.3 5.3 5.2 5.3 5.5 5.5 5.5 5.6 5.9 6.0 6.0 6.0 6.2 6.5 6.5 6.8 7.1 6.9 7.1 7.1 7.3 7.4 7.6 7.8 8.4 8.7 9.3 9.2 9.0 9.1 9.6 9.8 9.9 9.5 10.1 10.8 11.5 12.6 13.3 11.6 12.5 12.3 10.7 9.4 10.8 11.0 10.0 10.6 9.0 9.2 6.4 14.2 -0.9 1997
1997 5.2 5.2 5.1 5.2 5.2 5.2 5.4 5.2 5.3 5.3 5.3 5.2 5.3 5.3 5.3 5.3 5.4 5.4 5.5 5.5 5.4 5.5 5.7 5.7 5.7 5.9 6.1 6.2 6.3 6.2 6.4 6.7 6.7 7.1 7.3 7.1 7.3 7.3 7.5 7.6 7.9 8.0 8.6 9.0 9.5 9.4 9.2 9.4 9.9 10.1 10.1 9.8 10.4 11.0 11.8 12.8 13.5 11.9 12.7 12.5 11.1 10.0 11.3 11.5 10.7 11.4 10.1 10.5 8.7 14.8 7.1 15.9 1998
1998 5.3 5.3 5.2 5.3 5.3 5.4 5.5 5.4 5.4 5.4 5.4 5.3 5.4 5.4 5.4 5.4 5.5 5.5 5.6 5.7 5.6 5.7 5.8 5.9 5.9 6.0 6.2 6.3 6.4 6.4 6.6 6.9 6.9 7.2 7.5 7.3 7.5 7.5 7.7 7.8 8.0 8.2 8.8 9.1 9.6 9.5 9.4 9.5 10.0 10.2 10.3 10.0 10.5 11.1 11.8 12.8 13.5 12.0 12.8 12.6 11.3 10.2 11.5 11.7 11.0 11.6 10.5 10.9 9.5 14.3 9.1 14.4 13.1 1999
1999 5.1 5.1 5.0 5.1 5.1 5.1 5.3 5.1 5.2 5.1 5.1 5.1 5.2 5.2 5.2 5.2 5.2 5.3 5.3 5.4 5.3 5.4 5.5 5.6 5.6 5.7 5.9 6.0 6.0 6.0 6.2 6.5 6.5 6.8 7.0 6.8 7.0 7.0 7.2 7.3 7.5 7.6 8.2 8.5 8.9 8.8 8.7 8.8 9.2 9.4 9.4 9.1 9.5 10.1 10.7 11.5 12.1 10.6 11.3 11.0 9.7 8.6 9.6 9.6 8.8 9.1 7.9 7.8 6.2 9.2 4.3 6.0 1.5 -9.0 2000
2000 5.3 5.3 5.2 5.3 5.3 5.4 5.5 5.4 5.4 5.4 5.4 5.3 5.4 5.4 5.4 5.4 5.5 5.5 5.6 5.6 5.5 5.7 5.8 5.9 5.8 6.0 6.2 6.3 6.3 6.3 6.5 6.8 6.8 7.1 7.3 7.2 7.4 7.4 7.5 7.7 7.9 8.0 8.5 8.8 9.3 9.2 9.1 9.2 9.6 9.8 9.9 9.6 10.0 10.6 11.2 12.0 12.6 11.2 11.8 11.6 10.4 9.5 10.5 10.5 9.9 10.3 9.3 9.5 8.3 11.2 7.5 9.7 7.7 5.2 21.5 2001
2001 5.3 5.3 5.2 5.3 5.3 5.3 5.5 5.3 5.4 5.3 5.4 5.3 5.4 5.4 5.4 5.4 5.5 5.5 5.6 5.6 5.5 5.6 5.8 5.8 5.8 5.9 6.1 6.2 6.3 6.3 6.4 6.7 6.7 7.0 7.3 7.1 7.3 7.3 7.4 7.5 7.7 7.9 8.4 8.7 9.1 9.0 8.9 9.0 9.4 9.6 9.6 9.3 9.8 10.3 10.8 11.6 12.1 10.8 11.4 11.1 10.0 9.1 10.0 10.0 9.4 9.6 8.7 8.8 7.7 10.1 6.8 8.5 6.7 4.7 12.2 3.7 2002
2002 5.5 5.4 5.4 5.5 5.5 5.5 5.7 5.5 5.6 5.5 5.5 5.5 5.6 5.6 5.6 5.6 5.6 5.7 5.7 5.8 5.7 5.8 6.0 6.0 6.0 6.1 6.3 6.5 6.5 6.5 6.7 7.0 6.9 7.3 7.5 7.3 7.5 7.5 7.7 7.8 8.0 8.1 8.7 8.9 9.4 9.3 9.2 9.3 9.7 9.9 9.9 9.6 10.1 10.6 11.1 11.9 12.4 11.1 11.7 11.5 10.4 9.6 10.5 10.5 10.0 10.3 9.5 9.7 8.8 11.0 8.4 10.0 8.8 7.8 14.1 10.5 17.8 2003
2003 5.4 5.4 5.3 5.4 5.4 5.4 5.6 5.4 5.5 5.5 5.5 5.4 5.5 5.5 5.5 5.5 5.6 5.6 5.7 5.7 5.6 5.7 5.9 5.9 5.9 6.0 6.3 6.4 6.4 6.4 6.6 6.8 6.8 7.1 7.4 7.2 7.4 7.4 7.5 7.6 7.8 7.9 8.5 8.7 9.2 9.1 8.9 9.0 9.4 9.6 9.6 9.3 9.7 10.2 10.7 11.4 11.8 10.6 11.2 10.9 9.9 9.1 9.9 9.9 9.4 9.6 8.8 8.9 8.0 9.9 7.5 8.7 7.6 6.5 10.8 7.4 9.3 1.4 2004
2004 5.4 5.4 5.4 5.4 5.5 5.5 5.6 5.5 5.6 5.5 5.5 5.5 5.6 5.6 5.6 5.5 5.6 5.7 5.7 5.8 5.7 5.8 5.9 6.0 6.0 6.1 6.3 6.4 6.4 6.4 6.6 6.9 6.9 7.2 7.4 7.2 7.4 7.4 7.6 7.7 7.8 8.0 8.5 8.7 9.1 9.0 8.9 9.0 9.4 9.5 9.6 9.3 9.7 10.1 10.6 11.3 11.7 10.5 11.0 10.8 9.8 9.1 9.8 9.8 9.3 9.5 8.8 8.9 8.1 9.8 7.6 8.7 7.7 6.8 10.3 7.7 9.1 4.9 8.5 2005
2005 5.5 5.4 5.4 5.5 5.5 5.5 5.7 5.5 5.6 5.5 5.5 5.5 5.6 5.6 5.6 5.6 5.7 5.7 5.8 5.8 5.7 5.8 6.0 6.0 6.0 6.1 6.3 6.4 6.5 6.5 6.6 6.9 6.9 7.2 7.4 7.2 7.4 7.4 7.6 7.7 7.8 7.9 8.4 8.7 9.1 9.0 8.9 9.0 9.3 9.5 9.5 9.2 9.6 10.0 10.5 11.1 11.5 10.4 10.9 10.7 9.7 9.0 9.7 9.7 9.2 9.4 8.7 8.8 8.0 9.6 7.6 8.6 7.7 7.0 9.9 7.7 8.7 5.9 8.2 7.8 2006
2006 5.4 5.4 5.3 5.4 5.4 5.4 5.6 5.5 5.5 5.5 5.5 5.5 5.5 5.5 5.5 5.5 5.6 5.6 5.7 5.7 5.6 5.7 5.9 5.9 5.9 6.0 6.2 6.3 6.4 6.4 6.5 6.8 6.8 7.0 7.2 7.1 7.3 7.3 7.4 7.5 7.7 7.8 8.2 8.5 8.9 8.8 8.7 8.7 9.1 9.2 9.2 9.0 9.3 9.7 10.1 10.7 11.1 10.0 10.4 10.2 9.3 8.6 9.2 9.2 8.7 8.9 8.2 8.2 7.5 8.9 7.0 7.8 7.0 6.2 8.6 6.6 7.2 4.7 5.8 4.4 1.2 2007
2007 5.5 5.4 5.4 5.5 5.5 5.5 5.7 5.5 5.6 5.5 5.5 5.5 5.6 5.6 5.6 5.6 5.6 5.7 5.7 5.8 5.7 5.8 6.0 6.0 6.0 6.1 6.3 6.4 6.4 6.4 6.6 6.8 6.8 7.1 7.3 7.2 7.3 7.3 7.5 7.6 7.7 7.8 8.3 8.5 8.9 8.8 8.7 8.8 9.1 9.2 9.2 9.0 9.3 9.7 10.1 10.7 11.0 10.0 10.4 10.2 9.3 8.7 9.3 9.3 8.8 8.9 8.3 8.3 7.7 8.9 7.2 8.0 7.3 6.6 8.8 7.1 7.6 5.7 6.8 6.2 5.4 9.9 2008
2008 5.7 5.7 5.6 5.7 5.7 5.7 5.9 5.8 5.8 5.8 5.8 5.8 5.9 5.9 5.9 5.9 5.9 6.0 6.0 6.1 6.0 6.1 6.3 6.3 6.3 6.4 6.6 6.7 6.8 6.8 6.9 7.2 7.2 7.4 7.7 7.5 7.7 7.7 7.8 7.9 8.1 8.2 8.7 8.9 9.3 9.2 9.1 9.2 9.5 9.7 9.7 9.5 9.8 10.2 10.6 11.2 11.6 10.6 11.0 10.8 10.0 9.4 10.0 10.0 9.6 9.8 9.3 9.4 8.8 10.1 8.6 9.4 8.8 8.4 10.5 9.3 10.1 8.8 10.4 10.8 11.9 17.6 25.9 2009
2009 5.4 5.4 5.4 5.4 5.4 5.5 5.6 5.5 5.5 5.5 5.5 5.5 5.5 5.5 5.5 5.5 5.6 5.6 5.7 5.7 5.6 5.7 5.9 5.9 5.9 6.0 6.2 6.3 6.3 6.3 6.5 6.7 6.7 7.0 7.1 7.0 7.1 7.2 7.3 7.4 7.5 7.6 8.1 8.3 8.6 8.5 8.4 8.5 8.8 8.9 8.9 8.7 9.0 9.3 9.7 10.2 10.5 9.5 9.9 9.7 8.8 8.2 8.7 8.7 8.2 8.3 7.8 7.8 7.1 8.2 6.7 7.3 6.6 6.1 7.7 6.3 6.6 5.1 5.7 5.1 4.5 5.6 3.5 -14.9 2010
2010 5.5 5.4 5.4 5.5 5.5 5.5 5.7 5.5 5.6 5.5 5.5 5.5 5.6 5.6 5.6 5.6 5.6 5.7 5.7 5.8 5.7 5.8 5.9 6.0 6.0 6.1 6.3 6.3 6.4 6.4 6.5 6.8 6.8 7.0 7.2 7.1 7.2 7.2 7.3 7.4 7.6 7.7 8.1 8.3 8.7 8.6 8.5 8.5 8.8 8.9 8.9 8.7 9.0 9.3 9.7 10.2 10.5 9.5 9.9 9.7 8.9 8.3 8.8 8.8 8.3 8.4 7.9 7.9 7.3 8.3 6.9 7.5 6.9 6.4 7.9 6.6 7.0 5.7 6.3 5.9 5.6 6.7 5.7 -3.2 10.1 2011
2011 5.7 5.7 5.6 5.7 5.7 5.8 5.9 5.8 5.8 5.8 5.8 5.8 5.9 5.9 5.9 5.9 5.9 6.0 6.0 6.1 6.0 6.1 6.2 6.3 6.3 6.4 6.6 6.7 6.7 6.7 6.9 7.1 7.1 7.4 7.6 7.4 7.6 7.6 7.7 7.8 8.0 8.1 8.5 8.7 9.1 9.0 8.9 9.0 9.3 9.4 9.4 9.2 9.5 9.8 10.2 10.7 11.0 10.1 10.5 10.3 9.5 9.0 9.5 9.5 9.1 9.3 8.8 8.8 8.3 9.3 8.1 8.7 8.2 7.9 9.4 8.4 8.8 7.9 8.7 8.7 8.9 10.5 10.7 6.0 18.3 27.1 2012
2012 5.7 5.7 5.6 5.7 5.7 5.7 5.9 5.7 5.8 5.8 5.8 5.7 5.8 5.8 5.8 5.8 5.9 5.9 6.0 6.0 6.0 6.1 6.2 6.2 6.2 6.3 6.5 6.6 6.7 6.7 6.8 7.0 7.0 7.3 7.5 7.4 7.5 7.5 7.6 7.7 7.9 8.0 8.4 8.6 8.9 8.9 8.8 8.8 9.1 9.2 9.2 9.0 9.3 9.6 10.0 10.5 10.7 9.9 10.2 10.0 9.3 8.8 9.3 9.2 8.9 9.0 8.5 8.5 8.1 9.0 7.8 8.4 7.9 7.5 8.9 7.9 8.3 7.4 8.1 8.1 8.1 9.3 9.2 5.4 13.1 14.7 3.4 2013
2013 5.4 5.4 5.4 5.4 5.5 5.5 5.6 5.5 5.6 5.5 5.5 5.5 5.6 5.6 5.6 5.5 5.6 5.6 5.7 5.7 5.7 5.8 5.9 5.9 5.9 6.0 6.2 6.3 6.3 6.3 6.4 6.7 6.6 6.9 7.1 6.9 7.1 7.1 7.2 7.3 7.4 7.5 7.9 8.1 8.4 8.3 8.2 8.2 8.5 8.6 8.6 8.4 8.6 8.9 9.2 9.7 9.9 9.1 9.3 9.1 8.4 7.9 8.3 8.3 7.9 7.9 7.4 7.4 6.9 7.7 6.5 7.0 6.5 6.0 7.2 6.2 6.4 5.4 5.8 5.5 5.2 5.8 5.2 1.5 6.0 4.7 -5.0 -12.8 2014
2014 5.6 5.6 5.6 5.7 5.7 5.7 5.8 5.7 5.8 5.7 5.7 5.7 5.8 5.8 5.8 5.8 5.8 5.9 5.9 6.0 5.9 6.0 6.1 6.2 6.2 6.3 6.5 6.5 6.6 6.6 6.7 6.9 6.9 7.2 7.4 7.2 7.4 7.4 7.5 7.6 7.7 7.8 8.2 8.4 8.7 8.6 8.5 8.6 8.9 9.0 9.0 8.8 9.0 9.3 9.7 10.1 10.3 9.5 9.8 9.6 9.0 8.4 8.9 8.8 8.5 8.6 8.1 8.2 7.7 8.5 7.4 7.9 7.5 7.1 8.3 7.4 7.7 6.9 7.4 7.3 7.2 8.0 7.8 5.0 9.5 9.4 4.0 4.3 24.7 2015
2015 5.6 5.6 5.5 5.6 5.6 5.6 5.8 5.6 5.7 5.6 5.7 5.6 5.7 5.7 5.7 5.7 5.8 5.8 5.8 5.9 5.8 5.9 6.0 6.1 6.1 6.2 6.3 6.4 6.5 6.5 6.6 6.8 6.8 7.0 7.2 7.1 7.2 7.2 7.3 7.4 7.6 7.6 8.0 8.2 8.5 8.4 8.3 8.4 8.6 8.7 8.7 8.5 8.8 9.1 9.4 9.8 10.0 9.2 9.5 9.3 8.6 8.1 8.5 8.5 8.1 8.2 7.8 7.8 7.3 8.1 7.0 7.4 7.0 6.7 7.7 6.9 7.1 6.3 6.7 6.5 6.4 7.0 6.7 4.2 7.7 7.3 2.8 2.6 11.3 -0.7 2016
2016 5.5 5.5 5.5 5.5 5.6 5.6 5.7 5.6 5.6 5.6 5.6 5.6 5.6 5.6 5.6 5.6 5.7 5.7 5.8 5.8 5.8 5.8 6.0 6.0 6.0 6.1 6.3 6.3 6.4 6.4 6.5 6.7 6.7 6.9 7.1 7.0 7.1 7.1 7.2 7.3 7.4 7.5 7.9 8.1 8.4 8.3 8.2 8.2 8.5 8.6 8.5 8.3 8.6 8.9 9.1 9.5 9.8 9.0 9.2 9.0 8.4 7.9 8.3 8.2 7.9 7.9 7.5 7.5 7.1 7.8 6.8 7.2 6.7 6.4 7.4 6.5 6.7 6.0 6.3 6.1 6.0 6.5 6.1 3.9 6.9 6.3 2.6 2.4 8.0 0.5 1.8 2017
2017 5.5 5.5 5.5 5.5 5.6 5.6 5.7 5.6 5.7 5.6 5.6 5.6 5.7 5.7 5.7 5.6 5.7 5.7 5.8 5.8 5.8 5.9 6.0 6.0 6.0 6.1 6.3 6.3 6.4 6.4 6.5 6.7 6.7 6.9 7.1 7.0 7.1 7.1 7.2 7.3 7.4 7.5 7.9 8.0 8.3 8.2 8.1 8.2 8.4 8.5 8.5 8.3 8.5 8.8 9.1 9.4 9.7 8.9 9.1 9.0 8.3 7.8 8.2 8.2 7.8 7.9 7.5 7.4 7.0 7.7 6.7 7.1 6.7 6.4 7.3 6.5 6.7 6.0 6.3 6.1 6.0 6.5 6.1 4.1 6.8 6.3 3.2 3.2 7.6 2.4 4.0 6.2 2018
2018 5.5 5.4 5.4 5.5 5.5 5.5 5.6 5.5 5.6 5.5 5.5 5.5 5.6 5.6 5.6 5.6 5.6 5.7 5.7 5.7 5.7 5.8 5.9 5.9 5.9 6.0 6.2 6.2 6.3 6.3 6.4 6.6 6.6 6.8 7.0 6.9 7.0 7.0 7.1 7.1 7.3 7.3 7.7 7.8 8.1 8.0 7.9 8.0 8.2 8.3 8.3 8.1 8.3 8.5 8.8 9.2 9.4 8.6 8.8 8.7 8.0 7.6 7.9 7.9 7.5 7.6 7.2 7.1 6.7 7.4 6.4 6.7 6.3 6.0 6.9 6.1 6.2 5.6 5.8 5.7 5.5 5.9 5.5 3.7 5.9 5.4 2.7 2.5 5.9 1.7 2.4 2.8 -0.6
1926 1927 1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
1926
1926 7.4 1927
1927 7.4 7.4 1928
1928 5.9 5.1 2.8 1929
1929 5.2 4.5 3.1 3.3 1930
Long-Term Corporate Bonds
1930 5.8 5.4 4.7 5.6 8.0 1931 1926–2018: Total Returns (%)
1931 4.4 3.9 3.0 3.1 2.9 -1.9 1932
1932 5.3 5.0 4.5 4.9 5.5 4.3 10.8 1933
1933 6.0 5.8 5.5 6.0 6.7 6.3 10.6 10.4 1934
1934 6.8 6.7 6.6 7.3 8.1 8.1 11.7 12.1 13.8 1935 Growth of $1
$100,000
1935 7.1 7.0 7.0 7.6 8.3 8.4 11.2 11.3 11.7 9.6 1936
1936 7.1 7.0 7.0 7.5 8.1 8.1 10.3 10.1 10.0 8.2 6.7 1937
$10,000
1937 6.7 6.6 6.5 7.0 7.4 7.4 9.0 8.6 8.2 6.3 4.7 2.7 1938
1938 6.6 6.6 6.5 6.9 7.3 7.2 8.6 8.2 7.8 6.3 5.2 4.4 6.1 1939
1939 6.4 6.4 6.3 6.6 6.9 6.8 8.0 7.6 7.1 5.8 4.9 4.3 5.0 4.0 1940 $1,000 $213
1940 6.2 6.2 6.1 6.3 6.6 6.5 7.5 7.0 6.6 5.4 4.6 4.1 4.5 3.7 3.4 1941
1941 6.0 5.9 5.8 6.1 6.3 6.1 7.0 6.6 6.1 5.0 4.3 3.8 4.0 3.4 3.1 2.7 1942 $100
1942 5.8 5.7 5.6 5.8 6.0 5.8 6.6 6.2 5.7 4.7 4.0 3.6 3.8 3.2 2.9 2.7 2.6 1943
1943 5.6 5.5 5.4 5.6 5.8 5.6 6.3 5.8 5.4 4.5 3.9 3.5 3.6 3.1 2.9 2.7 2.7 2.8 1944 $10
1944 5.6 5.5 5.4 5.5 5.7 5.5 6.1 5.8 5.3 4.5 4.0 3.6 3.8 3.4 3.3 3.2 3.4 3.8 4.7 1945
1945 5.5 5.4 5.3 5.5 5.6 5.4 6.0 5.6 5.2 4.5 4.0 3.7 3.8 3.5 3.4 3.4 3.6 3.9 4.4 4.1 1946 $1
1946 5.3 5.2 5.1 5.3 5.4 5.2 5.7 5.3 5.0 4.3 3.8 3.5 3.6 3.3 3.2 3.1 3.2 3.3 3.5 2.9 1.7 1947
1947 5.0 4.9 4.7 4.8 4.9 4.7 5.2 4.8 4.4 3.7 3.3 2.9 3.0 2.6 2.4 2.3 2.2 2.2 2.0 1.1 -0.3 -2.3 1948 $0
1948 4.9 4.8 4.7 4.8 4.9 4.7 5.1 4.8 4.4 3.8 3.3 3.0 3.1 2.8 2.6 2.5 2.5 2.5 2.4 1.9 1.1 0.8 4.1 1949 1926 2018
1950 4.8 4.7 4.5 4.6 4.7 4.5 4.9 4.5 4.2 3.6 3.2 3.0 3.0 2.8 2.6 2.6 2.6 2.6 2.5 2.1 1.8 1.8 3.2 2.7 2.1 1951
1951 4.5 4.3 4.2 4.3 4.3 4.2 4.5 4.1 3.8 3.2 2.9 2.6 2.6 2.3 2.2 2.1 2.0 2.0 1.8 1.4 1.0 0.9 1.7 0.9 -0.3 -2.7 1952
1952 4.4 4.3 4.2 4.2 4.3 4.1 4.4 4.1 3.8 3.3 2.9 2.7 2.7 2.4 2.3 2.2 2.2 2.1 2.0 1.7 1.4 1.3 2.0 1.5 0.9 0.4 3.5 1953
1953 4.4 4.3 4.2 4.2 4.3 4.1 4.4 4.1 3.8 3.3 2.9 2.7 2.7 2.5 2.4 2.3 2.3 2.2 2.2 1.9 1.6 1.6 2.3 1.9 1.6 1.4 3.5 3.4 1954
1954 4.4 4.3 4.2 4.3 4.3 4.2 4.4 4.1 3.8 3.4 3.1 2.9 2.9 2.7 2.6 2.5 2.5 2.5 2.5 2.2 2.0 2.1 2.7 2.5 2.3 2.4 4.1 4.4 5.4 1955
1955 4.3 4.2 4.1 4.1 4.2 4.0 4.3 4.0 3.7 3.2 2.9 2.7 2.7 2.5 2.4 2.4 2.4 2.3 2.3 2.1 1.9 1.9 2.4 2.2 2.0 2.0 3.2 3.1 2.9 0.5 1956
1956 3.9 3.8 3.7 3.7 3.7 3.6 3.8 3.5 3.2 2.8 2.4 2.2 2.2 2.0 1.9 1.8 1.7 1.6 1.6 1.3 1.1 1.0 1.4 1.0 0.7 0.5 1.1 0.5 -0.4 -3.2 -6.8 1957
1957 4.1 4.0 3.8 3.9 3.9 3.7 4.0 3.7 3.4 3.0 2.7 2.5 2.5 2.3 2.2 2.2 2.1 2.1 2.1 1.9 1.7 1.7 2.1 1.8 1.7 1.6 2.3 2.1 1.8 0.6 0.7 8.7 1958
1958 3.9 3.8 3.6 3.7 3.7 3.5 3.7 3.5 3.2 2.8 2.5 2.3 2.3 2.1 2.0 1.9 1.9 1.8 1.8 1.6 1.4 1.3 1.7 1.4 1.2 1.1 1.7 1.4 1.0 -0.1 -0.3 3.1 -2.2 1959
1959 3.7 3.6 3.5 3.5 3.5 3.4 3.6 3.3 3.0 2.6 2.3 2.2 2.1 1.9 1.8 1.8 1.7 1.7 1.6 1.4 1.2 1.2 1.5 1.2 1.0 0.9 1.3 1.0 0.6 -0.3 -0.5 1.7 -1.6 -1.0 1960
1960 3.9 3.8 3.7 3.7 3.7 3.6 3.7 3.5 3.3 2.9 2.6 2.4 2.4 2.3 2.2 2.1 2.1 2.1 2.0 1.8 1.7 1.7 2.0 1.8 1.7 1.7 2.2 2.0 1.8 1.2 1.4 3.5 1.8 3.9 9.1 1961
1961 3.9 3.8 3.7 3.7 3.7 3.6 3.8 3.5 3.3 2.9 2.7 2.5 2.5 2.4 2.3 2.2 2.2 2.2 2.2 2.0 1.9 1.9 2.2 2.1 2.0 2.0 2.4 2.3 2.2 1.7 1.9 3.8 2.6 4.2 6.9 4.8 1962
1962 4.0 3.9 3.8 3.8 3.9 3.7 3.9 3.7 3.5 3.1 2.9 2.7 2.7 2.6 2.5 2.5 2.5 2.5 2.5 2.3 2.2 2.3 2.6 2.5 2.4 2.4 2.9 2.9 2.8 2.5 2.8 4.5 3.6 5.1 7.3 6.4 7.9 1963
1963 4.0 3.9 3.8 3.8 3.8 3.7 3.9 3.6 3.4 3.1 2.9 2.7 2.7 2.6 2.5 2.5 2.5 2.5 2.5 2.3 2.2 2.3 2.6 2.5 2.4 2.4 2.9 2.8 2.7 2.4 2.7 4.1 3.4 4.5 6.0 5.0 5.0 2.2 1964
1964 4.0 3.9 3.8 3.8 3.8 3.7 3.9 3.7 3.5 3.1 2.9 2.8 2.8 2.7 2.6 2.6 2.6 2.6 2.6 2.5 2.4 2.4 2.7 2.6 2.6 2.6 3.0 3.0 2.9 2.7 2.9 4.2 3.6 4.6 5.7 4.9 4.9 3.5 4.8 1965
1965 3.9 3.8 3.7 3.7 3.7 3.6 3.8 3.6 3.3 3.0 2.8 2.7 2.7 2.5 2.5 2.5 2.4 2.4 2.4 2.3 2.2 2.3 2.5 2.4 2.4 2.4 2.8 2.7 2.6 2.4 2.6 3.7 3.1 3.8 4.7 3.8 3.6 2.1 2.1 -0.5 1966
1966 3.8 3.7 3.6 3.6 3.6 3.5 3.7 3.5 3.2 2.9 2.7 2.6 2.6 2.5 2.4 2.4 2.4 2.3 2.3 2.2 2.1 2.1 2.4 2.3 2.2 2.2 2.6 2.5 2.4 2.2 2.4 3.3 2.7 3.4 4.0 3.2 2.9 1.7 1.5 -0.1 0.2 1967
1967 3.6 3.5 3.4 3.4 3.4 3.3 3.4 3.2 3.0 2.7 2.5 2.3 2.3 2.2 2.1 2.1 2.1 2.0 2.0 1.9 1.8 1.8 2.0 1.9 1.8 1.8 2.1 2.0 1.9 1.6 1.7 2.5 1.9 2.4 2.9 2.0 1.5 0.3 -0.2 -1.8 -2.4 -5.0 1968
1968 3.5 3.4 3.3 3.4 3.4 3.2 3.4 3.2 3.0 2.7 2.5 2.3 2.3 2.2 2.2 2.1 2.1 2.1 2.0 1.9 1.8 1.8 2.0 1.9 1.9 1.8 2.1 2.0 1.9 1.7 1.8 2.5 2.0 2.4 2.8 2.1 1.7 0.7 0.4 -0.7 -0.8 -1.3 2.6 1969
1969 3.3 3.2 3.1 3.1 3.1 2.9 3.1 2.9 2.7 2.4 2.2 2.0 2.0 1.9 1.8 1.7 1.7 1.7 1.6 1.5 1.4 1.4 1.6 1.4 1.3 1.3 1.5 1.4 1.3 1.0 1.1 1.7 1.1 1.4 1.7 0.9 0.4 -0.6 -1.1 -2.2 -2.7 -3.6 -2.9 -8.1 1970
1970 3.6 3.5 3.4 3.4 3.4 3.3 3.4 3.2 3.1 2.8 2.6 2.5 2.5 2.3 2.3 2.3 2.2 2.2 2.2 2.1 2.0 2.0 2.2 2.1 2.1 2.1 2.3 2.3 2.2 2.0 2.1 2.8 2.4 2.7 3.1 2.5 2.3 1.6 1.5 0.9 1.2 1.5 3.7 4.3 18.4 1971
1971 3.7 3.6 3.6 3.6 3.6 3.5 3.6 3.4 3.3 3.0 2.8 2.7 2.7 2.6 2.6 2.5 2.5 2.5 2.5 2.4 2.4 2.4 2.6 2.5 2.5 2.5 2.8 2.7 2.7 2.5 2.7 3.3 3.0 3.4 3.7 3.3 3.1 2.6 2.6 2.3 2.8 3.3 5.5 6.5 14.6 11.0 1972
1972 3.8 3.7 3.6 3.7 3.7 3.6 3.7 3.5 3.4 3.1 2.9 2.8 2.8 2.7 2.7 2.7 2.7 2.7 2.7 2.6 2.5 2.6 2.8 2.7 2.7 2.7 3.0 2.9 2.9 2.8 2.9 3.6 3.2 3.6 4.0 3.6 3.5 3.0 3.1 2.9 3.4 4.0 5.8 6.7 12.1 9.1 7.3 1973
1973 3.7 3.7 3.6 3.6 3.6 3.5 3.6 3.5 3.3 3.0 2.9 2.8 2.8 2.7 2.6 2.6 2.6 2.6 2.6 2.5 2.5 2.5 2.7 2.6 2.6 2.6 2.9 2.9 2.8 2.7 2.8 3.4 3.1 3.5 3.8 3.4 3.3 2.9 2.9 2.7 3.1 3.6 5.0 5.6 9.3 6.4 4.2 1.1 1974
1974 3.6 3.5 3.4 3.4 3.5 3.4 3.5 3.3 3.1 2.9 2.7 2.6 2.6 2.5 2.5 2.4 2.4 2.4 2.4 2.3 2.3 2.3 2.5 2.4 2.4 2.4 2.6 2.6 2.5 2.4 2.5 3.1 2.7 3.0 3.3 2.9 2.8 2.4 2.4 2.1 2.4 2.7 3.9 4.1 6.7 3.9 1.7 -1.0 -3.1 1975
1975 3.8 3.7 3.7 3.7 3.7 3.6 3.7 3.6 3.4 3.2 3.0 2.9 2.9 2.8 2.8 2.8 2.8 2.8 2.8 2.7 2.7 2.7 2.9 2.9 2.8 2.9 3.1 3.1 3.1 3.0 3.1 3.6 3.4 3.7 4.0 3.7 3.6 3.3 3.3 3.2 3.6 4.0 5.1 5.5 8.0 6.0 4.8 4.0 5.4 14.6 1976
1976 4.1 4.0 3.9 4.0 4.0 3.9 4.0 3.9 3.7 3.5 3.4 3.3 3.3 3.2 3.2 3.2 3.2 3.2 3.2 3.2 3.2 3.2 3.4 3.4 3.4 3.4 3.7 3.7 3.7 3.6 3.8 4.3 4.1 4.5 4.8 4.5 4.5 4.3 4.4 4.4 4.9 5.4 6.6 7.1 9.4 8.0 7.4 7.5 9.7 16.6 18.6 1977
1977 4.0 4.0 3.9 3.9 3.9 3.9 4.0 3.8 3.7 3.5 3.3 3.2 3.2 3.2 3.2 3.1 3.2 3.2 3.2 3.1 3.1 3.2 3.3 3.3 3.3 3.4 3.6 3.6 3.6 3.5 3.7 4.2 4.0 4.3 4.6 4.4 4.3 4.1 4.2 4.2 4.6 5.0 6.1 6.5 8.4 7.1 6.4 6.3 7.6 11.4 9.9 1.7 1978
1978 4.0 3.9 3.8 3.8 3.9 3.8 3.9 3.7 3.6 3.4 3.2 3.2 3.2 3.1 3.1 3.1 3.1 3.1 3.1 3.0 3.0 3.1 3.2 3.2 3.2 3.2 3.5 3.5 3.5 3.4 3.5 4.0 3.8 4.1 4.4 4.1 4.1 3.8 4.0 3.9 4.2 4.6 5.5 5.8 7.5 6.2 5.5 5.2 6.0 8.4 6.4 0.8 -0.1 1979
1979 3.8 3.7 3.7 3.7 3.7 3.6 3.7 3.6 3.4 3.2 3.1 3.0 3.0 2.9 2.9 2.9 2.9 2.9 2.9 2.8 2.8 2.8 3.0 3.0 2.9 3.0 3.2 3.2 3.2 3.1 3.2 3.6 3.4 3.7 3.9 3.7 3.6 3.4 3.4 3.3 3.6 3.9 4.7 4.8 6.2 5.0 4.2 3.8 4.3 5.8 3.7 -0.9 -2.1 -4.2 1980
1980 3.7 3.6 3.5 3.5 3.6 3.5 3.6 3.4 3.3 3.1 2.9 2.8 2.8 2.8 2.7 2.7 2.7 2.7 2.7 2.7 2.6 2.7 2.8 2.8 2.8 2.8 3.0 3.0 2.9 2.8 2.9 3.4 3.1 3.4 3.6 3.3 3.3 3.0 3.1 2.9 3.2 3.4 4.1 4.2 5.4 4.2 3.4 3.0 3.2 4.3 2.4 -1.4 -2.4 -3.5 -2.8 1981
1981 3.6 3.5 3.4 3.5 3.5 3.4 3.5 3.3 3.2 3.0 2.8 2.8 2.8 2.7 2.6 2.6 2.6 2.6 2.6 2.6 2.5 2.5 2.7 2.6 2.6 2.6 2.8 2.8 2.8 2.7 2.8 3.2 3.0 3.2 3.4 3.1 3.0 2.8 2.8 2.7 2.9 3.1 3.7 3.8 4.8 3.7 3.0 2.5 2.7 3.5 1.8 -1.3 -2.1 -2.7 -2.0 -1.2 1982
1982 4.2 4.1 4.1 4.1 4.1 4.0 4.1 4.0 3.9 3.7 3.6 3.5 3.5 3.4 3.4 3.4 3.5 3.5 3.5 3.5 3.4 3.5 3.7 3.6 3.7 3.7 3.9 3.9 3.9 3.9 4.0 4.5 4.3 4.6 4.8 4.6 4.6 4.5 4.6 4.6 4.9 5.2 5.9 6.1 7.3 6.5 6.0 5.9 6.5 7.7 6.8 4.9 5.6 7.0 11.0 18.7 42.6 1983
1983 4.2 4.1 4.1 4.1 4.1 4.1 4.2 4.0 3.9 3.7 3.6 3.5 3.6 3.5 3.5 3.5 3.5 3.5 3.6 3.5 3.5 3.6 3.7 3.7 3.7 3.8 4.0 4.0 4.0 4.0 4.1 4.5 4.4 4.6 4.9 4.7 4.7 4.6 4.7 4.7 5.0 5.2 5.9 6.1 7.2 6.4 6.1 6.0 6.4 7.6 6.7 5.1 5.7 6.9 9.8 14.4 23.1 6.3 1984
1984 4.4 4.4 4.3 4.3 4.3 4.3 4.4 4.3 4.2 4.0 3.9 3.8 3.8 3.8 3.8 3.8 3.8 3.8 3.9 3.8 3.8 3.9 4.1 4.1 4.1 4.1 4.4 4.4 4.4 4.4 4.5 5.0 4.8 5.1 5.3 5.2 5.2 5.1 5.2 5.2 5.6 5.9 6.5 6.8 7.9 7.1 6.9 6.8 7.4 8.5 7.8 6.5 7.2 8.5 11.2 15.0 21.0 11.4 16.9 1985
1985 4.8 4.7 4.7 4.7 4.8 4.7 4.8 4.7 4.6 4.4 4.3 4.3 4.3 4.3 4.3 4.3 4.3 4.4 4.4 4.4 4.4 4.5 4.7 4.7 4.7 4.8 5.0 5.1 5.1 5.1 5.3 5.7 5.6 5.9 6.2 6.1 6.1 6.1 6.2 6.3 6.7 7.0 7.7 8.0 9.1 8.5 8.4 8.5 9.1 10.3 9.8 8.9 9.8 11.3 14.1 17.9 23.2 17.3 23.3 30.1 1986
1986 5.0 5.0 4.9 5.0 5.0 5.0 5.1 5.0 4.9 4.7 4.6 4.6 4.6 4.6 4.6 4.6 4.7 4.7 4.8 4.8 4.8 4.9 5.0 5.1 5.1 5.2 5.4 5.5 5.6 5.6 5.7 6.2 6.1 6.4 6.7 6.6 6.7 6.6 6.8 6.9 7.3 7.6 8.3 8.7 9.7 9.2 9.1 9.2 9.9 11.0 10.7 9.9 10.9 12.4 14.9 18.2 22.5 18.0 22.1 24.9 19.8 1987
1987 4.9 4.9 4.8 4.9 4.9 4.9 5.0 4.9 4.8 4.6 4.5 4.5 4.5 4.5 4.5 4.5 4.6 4.6 4.6 4.6 4.7 4.7 4.9 4.9 5.0 5.0 5.3 5.3 5.4 5.4 5.5 6.0 5.9 6.2 6.4 6.3 6.4 6.3 6.5 6.6 6.9 7.2 7.9 8.2 9.2 8.6 8.5 8.6 9.1 10.1 9.8 9.0 9.7 10.9 12.9 15.4 18.4 14.1 16.1 15.9 9.3 -0.3 1988
1988 5.0 5.0 4.9 5.0 5.0 5.0 5.1 5.0 4.9 4.7 4.6 4.6 4.6 4.6 4.6 4.6 4.7 4.7 4.8 4.8 4.8 4.9 5.0 5.1 5.1 5.2 5.4 5.5 5.5 5.5 5.7 6.1 6.0 6.3 6.6 6.5 6.5 6.5 6.7 6.7 7.1 7.4 8.0 8.3 9.2 8.7 8.6 8.7 9.2 10.2 9.8 9.1 9.8 10.9 12.7 14.8 17.3 13.5 15.0 14.5 9.8 5.1 10.7 1989
1989 5.2 5.2 5.1 5.2 5.2 5.1 5.3 5.2 5.1 4.9 4.8 4.8 4.8 4.8 4.8 4.9 4.9 5.0 5.0 5.0 5.0 5.1 5.3 5.3 5.4 5.5 5.7 5.7 5.8 5.8 6.0 6.4 6.3 6.6 6.9 6.8 6.9 6.8 7.0 7.1 7.4 7.8 8.4 8.7 9.6 9.1 9.0 9.1 9.7 10.6 10.3 9.7 10.3 11.3 13.0 14.9 17.1 13.9 15.2 14.9 11.4 8.7 13.4 16.2 1990
1990 5.2 5.2 5.1 5.2 5.2 5.2 5.3 5.2 5.1 5.0 4.9 4.8 4.9 4.9 4.9 4.9 4.9 5.0 5.0 5.1 5.1 5.2 5.3 5.4 5.4 5.5 5.7 5.8 5.8 5.8 6.0 6.4 6.3 6.6 6.9 6.8 6.9 6.8 7.0 7.1 7.4 7.7 8.3 8.6 9.4 9.0 8.9 9.0 9.5 10.3 10.0 9.4 10.1 11.0 12.4 14.1 15.9 13.0 14.0 13.5 10.4 8.2 11.2 11.4 6.8 1991
1991 5.4 5.4 5.4 5.4 5.4 5.4 5.5 5.4 5.3 5.2 5.1 5.1 5.1 5.1 5.1 5.2 5.2 5.3 5.3 5.3 5.4 5.5 5.6 5.7 5.7 5.8 6.0 6.1 6.2 6.2 6.4 6.8 6.7 7.0 7.3 7.2 7.3 7.3 7.4 7.5 7.9 8.2 8.8 9.0 9.9 9.5 9.4 9.5 10.0 10.9 10.6 10.1 10.7 11.6 13.0 14.6 16.3 13.7 14.7 14.4 12.0 10.4 13.3 14.2 13.1 19.9 1992
1992 5.5 5.4 5.4 5.5 5.5 5.5 5.6 5.5 5.4 5.3 5.2 5.2 5.2 5.2 5.2 5.3 5.3 5.4 5.4 5.4 5.5 5.5 5.7 5.8 5.8 5.9 6.1 6.2 6.3 6.3 6.5 6.8 6.8 7.1 7.3 7.3 7.3 7.3 7.5 7.6 7.9 8.2 8.8 9.1 9.9 9.5 9.4 9.5 10.0 10.8 10.6 10.1 10.6 11.5 12.8 14.2 15.7 13.3 14.1 13.7 11.6 10.3 12.5 13.0 11.9 14.5 9.4 1993
1993 5.6 5.6 5.5 5.6 5.6 5.6 5.7 5.6 5.5 5.4 5.3 5.3 5.4 5.3 5.4 5.4 5.5 5.5 5.6 5.6 5.6 5.7 5.9 5.9 6.0 6.1 6.3 6.4 6.4 6.5 6.6 7.0 7.0 7.2 7.5 7.4 7.5 7.5 7.7 7.8 8.1 8.4 9.0 9.2 10.0 9.7 9.6 9.7 10.2 10.9 10.7 10.2 10.8 11.6 12.8 14.1 15.5 13.3 14.0 13.7 11.8 10.7 12.6 13.0 12.2 14.1 11.3 13.2 1994
1994 5.4 5.4 5.4 5.4 5.4 5.4 5.5 5.4 5.3 5.2 5.1 5.1 5.1 5.1 5.2 5.2 5.2 5.3 5.3 5.3 5.4 5.4 5.6 5.7 5.7 5.8 6.0 6.1 6.1 6.1 6.3 6.7 6.6 6.9 7.1 7.0 7.1 7.1 7.2 7.3 7.6 7.9 8.4 8.6 9.3 9.0 8.9 9.0 9.3 10.0 9.8 9.3 9.8 10.4 11.4 12.5 13.7 11.5 12.0 11.6 9.7 8.5 9.8 9.6 8.4 8.8 5.3 3.3 -5.8 1995
1995 5.7 5.7 5.6 5.7 5.7 5.7 5.8 5.7 5.7 5.5 5.5 5.4 5.5 5.5 5.5 5.5 5.6 5.7 5.7 5.7 5.8 5.9 6.0 6.1 6.1 6.2 6.4 6.5 6.6 6.6 6.8 7.1 7.1 7.4 7.6 7.6 7.6 7.6 7.8 7.9 8.2 8.5 9.0 9.2 10.0 9.6 9.6 9.7 10.1 10.8 10.6 10.2 10.7 11.3 12.4 13.5 14.6 12.7 13.2 12.9 11.3 10.4 11.8 12.0 11.3 12.2 10.4 10.7 9.5 27.2 1996
1996 5.6 5.6 5.6 5.6 5.7 5.6 5.7 5.7 5.6 5.5 5.4 5.4 5.4 5.4 5.4 5.5 5.5 5.6 5.6 5.6 5.7 5.8 5.9 6.0 6.0 6.1 6.3 6.4 6.5 6.5 6.6 7.0 6.9 7.2 7.4 7.4 7.5 7.4 7.6 7.7 8.0 8.2 8.7 9.0 9.6 9.3 9.2 9.3 9.7 10.3 10.1 9.7 10.1 10.7 11.7 12.7 13.7 11.8 12.3 11.9 10.4 9.5 10.6 10.6 9.8 10.3 8.5 8.3 6.7 13.6 1.4 1997
1997 5.7 5.7 5.7 5.7 5.8 5.7 5.9 5.8 5.7 5.6 5.5 5.5 5.5 5.5 5.6 5.6 5.7 5.7 5.8 5.8 5.8 5.9 6.1 6.1 6.2 6.3 6.5 6.5 6.6 6.6 6.8 7.1 7.1 7.3 7.6 7.5 7.6 7.6 7.8 7.9 8.1 8.4 8.9 9.1 9.8 9.4 9.4 9.5 9.8 10.4 10.2 9.9 10.3 10.9 11.8 12.7 13.6 11.9 12.3 12.0 10.6 9.8 10.8 10.9 10.2 10.7 9.2 9.2 8.2 13.4 7.0 12.9 1998
1998 5.8 5.8 5.8 5.8 5.8 5.8 5.9 5.9 5.8 5.7 5.6 5.6 5.6 5.6 5.6 5.7 5.7 5.8 5.9 5.9 5.9 6.0 6.2 6.2 6.3 6.3 6.5 6.6 6.7 6.7 6.9 7.2 7.2 7.4 7.7 7.6 7.7 7.7 7.8 7.9 8.2 8.5 8.9 9.1 9.8 9.5 9.4 9.5 9.9 10.4 10.3 9.9 10.3 10.9 11.7 12.6 13.4 11.8 12.2 11.9 10.6 9.9 10.8 10.9 10.3 10.7 9.5 9.5 8.7 12.7 8.3 11.8 10.8 1999
1999 5.6 5.6 5.6 5.6 5.6 5.6 5.7 5.6 5.6 5.4 5.4 5.4 5.4 5.4 5.4 5.4 5.5 5.5 5.6 5.6 5.6 5.7 5.9 5.9 6.0 6.0 6.2 6.3 6.4 6.4 6.5 6.9 6.8 7.0 7.2 7.2 7.3 7.2 7.4 7.5 7.7 7.9 8.4 8.6 9.2 8.9 8.8 8.8 9.2 9.7 9.5 9.1 9.4 9.9 10.7 11.4 12.2 10.6 10.9 10.5 9.2 8.4 9.2 9.0 8.4 8.5 7.2 6.9 5.9 8.4 4.1 5.0 1.2 -7.4 2000
2000 5.7 5.7 5.7 5.7 5.7 5.7 5.8 5.7 5.7 5.6 5.5 5.5 5.5 5.5 5.5 5.6 5.6 5.7 5.7 5.7 5.8 5.8 6.0 6.0 6.1 6.2 6.4 6.4 6.5 6.5 6.7 7.0 6.9 7.2 7.4 7.3 7.4 7.4 7.5 7.6 7.8 8.1 8.5 8.7 9.3 9.0 8.9 9.0 9.3 9.8 9.6 9.2 9.6 10.0 10.8 11.5 12.2 10.7 11.0 10.6 9.4 8.7 9.5 9.4 8.8 9.0 7.8 7.6 6.8 9.1 5.8 6.9 5.0 2.2 12.9 2001
2001 5.8 5.7 5.7 5.8 5.8 5.8 5.9 5.8 5.7 5.6 5.6 5.6 5.6 5.6 5.6 5.7 5.7 5.8 5.8 5.8 5.9 5.9 6.1 6.1 6.2 6.3 6.5 6.5 6.6 6.6 6.7 7.1 7.0 7.3 7.5 7.4 7.5 7.5 7.6 7.7 7.9 8.2 8.6 8.8 9.3 9.0 9.0 9.0 9.3 9.8 9.6 9.3 9.6 10.1 10.8 11.5 12.1 10.7 11.0 10.6 9.5 8.9 9.5 9.5 8.9 9.1 8.1 7.9 7.3 9.3 6.6 7.7 6.4 4.9 11.8 10.6 2002
2002 5.9 5.9 5.9 5.9 5.9 5.9 6.0 6.0 5.9 5.8 5.7 5.7 5.8 5.7 5.8 5.8 5.9 5.9 6.0 6.0 6.0 6.1 6.3 6.3 6.4 6.4 6.6 6.7 6.8 6.8 6.9 7.3 7.2 7.4 7.7 7.6 7.7 7.7 7.8 7.9 8.1 8.4 8.8 9.0 9.5 9.3 9.2 9.3 9.6 10.1 9.9 9.6 9.9 10.3 11.0 11.7 12.3 11.0 11.2 10.9 9.9 9.3 10.0 9.9 9.5 9.7 8.8 8.8 8.3 10.2 7.9 9.1 8.3 7.7 13.3 13.5 16.3 2003
2003 5.9 5.9 5.9 5.9 5.9 5.9 6.0 5.9 5.9 5.8 5.7 5.7 5.7 5.7 5.8 5.8 5.9 5.9 6.0 6.0 6.0 6.1 6.3 6.3 6.3 6.4 6.6 6.7 6.7 6.8 6.9 7.2 7.2 7.4 7.6 7.6 7.6 7.6 7.8 7.8 8.1 8.3 8.7 8.9 9.4 9.1 9.1 9.1 9.4 9.9 9.7 9.4 9.7 10.1 10.8 11.4 12.0 10.7 10.9 10.6 9.6 9.1 9.7 9.6 9.2 9.3 8.5 8.4 8.0 9.6 7.6 8.5 7.8 7.2 11.2 10.7 10.7 5.3 2004
2004 5.9 5.9 5.9 5.9 6.0 5.9 6.0 6.0 5.9 5.8 5.8 5.7 5.8 5.8 5.8 5.9 5.9 6.0 6.0 6.0 6.1 6.1 6.3 6.3 6.4 6.5 6.7 6.7 6.8 6.8 6.9 7.2 7.2 7.4 7.6 7.6 7.7 7.6 7.8 7.9 8.1 8.3 8.7 8.9 9.4 9.1 9.1 9.1 9.4 9.8 9.7 9.4 9.7 10.1 10.7 11.3 11.8 10.6 10.8 10.5 9.6 9.1 9.6 9.6 9.1 9.3 8.5 8.5 8.0 9.5 7.7 8.5 7.9 7.4 10.7 10.2 10.0 7.0 8.7 2005
2005 5.9 5.9 5.9 5.9 6.0 5.9 6.0 6.0 5.9 5.8 5.8 5.7 5.8 5.8 5.8 5.9 5.9 6.0 6.0 6.0 6.1 6.1 6.3 6.3 6.4 6.5 6.6 6.7 6.8 6.8 6.9 7.2 7.2 7.4 7.6 7.6 7.6 7.6 7.7 7.8 8.0 8.2 8.6 8.8 9.3 9.0 9.0 9.0 9.3 9.7 9.6 9.3 9.5 9.9 10.5 11.0 11.6 10.4 10.6 10.3 9.4 8.9 9.4 9.3 8.9 9.1 8.3 8.3 7.9 9.2 7.5 8.2 7.7 7.2 9.9 9.3 9.0 6.6 7.3 5.9 2006
2006 5.9 5.9 5.9 5.9 5.9 5.9 6.0 5.9 5.9 5.8 5.7 5.7 5.8 5.7 5.8 5.8 5.9 5.9 6.0 6.0 6.0 6.1 6.2 6.3 6.3 6.4 6.6 6.6 6.7 6.7 6.8 7.1 7.1 7.3 7.5 7.5 7.5 7.5 7.6 7.7 7.9 8.1 8.5 8.6 9.1 8.9 8.8 8.9 9.1 9.5 9.3 9.0 9.3 9.7 10.2 10.7 11.2 10.1 10.3 10.0 9.1 8.6 9.1 9.0 8.6 8.7 8.0 7.9 7.5 8.7 7.1 7.7 7.2 6.7 8.9 8.3 7.8 5.8 5.9 4.5 3.2 2007
2007 5.9 5.8 5.8 5.8 5.9 5.9 6.0 5.9 5.8 5.7 5.7 5.7 5.7 5.7 5.7 5.8 5.8 5.9 5.9 5.9 6.0 6.0 6.2 6.2 6.3 6.3 6.5 6.6 6.6 6.6 6.8 7.0 7.0 7.2 7.4 7.4 7.4 7.4 7.5 7.6 7.8 8.0 8.3 8.5 8.9 8.7 8.6 8.7 8.9 9.3 9.1 8.8 9.1 9.4 9.9 10.4 10.9 9.8 9.9 9.7 8.8 8.3 8.7 8.6 8.2 8.3 7.6 7.5 7.1 8.2 6.7 7.2 6.7 6.3 8.1 7.4 6.9 5.1 5.1 3.9 2.9 2.6 2008
2008 5.9 5.9 5.8 5.9 5.9 5.9 6.0 5.9 5.9 5.8 5.7 5.7 5.8 5.7 5.8 5.8 5.9 5.9 6.0 6.0 6.0 6.1 6.2 6.2 6.3 6.4 6.5 6.6 6.7 6.7 6.8 7.1 7.0 7.2 7.4 7.4 7.4 7.4 7.5 7.6 7.8 8.0 8.3 8.5 8.9 8.7 8.6 8.7 8.9 9.3 9.1 8.8 9.1 9.4 9.9 10.4 10.8 9.8 9.9 9.6 8.8 8.3 8.8 8.7 8.3 8.4 7.7 7.6 7.2 8.2 6.9 7.4 6.9 6.5 8.2 7.6 7.2 5.7 5.8 5.1 4.8 5.6 8.8 2009
2009 5.9 5.8 5.8 5.8 5.9 5.9 6.0 5.9 5.8 5.7 5.7 5.7 5.7 5.7 5.7 5.8 5.8 5.9 5.9 5.9 6.0 6.0 6.2 6.2 6.2 6.3 6.5 6.5 6.6 6.6 6.7 7.0 7.0 7.2 7.3 7.3 7.3 7.3 7.4 7.5 7.7 7.9 8.2 8.3 8.8 8.6 8.5 8.5 8.7 9.1 8.9 8.6 8.9 9.2 9.6 10.1 10.5 9.5 9.6 9.3 8.6 8.1 8.5 8.4 8.0 8.1 7.4 7.3 7.0 7.9 6.6 7.0 6.6 6.2 7.6 7.1 6.6 5.3 5.3 4.7 4.4 4.8 5.9 3.0 2010
2010 5.9 5.9 5.9 5.9 6.0 5.9 6.0 6.0 5.9 5.8 5.8 5.8 5.8 5.8 5.8 5.9 5.9 6.0 6.0 6.0 6.1 6.1 6.3 6.3 6.3 6.4 6.6 6.6 6.7 6.7 6.8 7.1 7.1 7.3 7.4 7.4 7.4 7.4 7.5 7.6 7.8 8.0 8.3 8.4 8.9 8.6 8.6 8.6 8.8 9.2 9.0 8.8 9.0 9.3 9.7 10.2 10.6 9.6 9.7 9.5 8.7 8.3 8.7 8.6 8.2 8.3 7.7 7.6 7.3 8.2 7.0 7.4 7.0 6.7 8.1 7.6 7.3 6.2 6.3 5.9 5.9 6.6 8.0 7.6 12.4 2011
2011 6.1 6.0 6.0 6.1 6.1 6.1 6.2 6.1 6.1 6.0 5.9 5.9 6.0 6.0 6.0 6.0 6.1 6.1 6.2 6.2 6.2 6.3 6.4 6.5 6.5 6.6 6.8 6.8 6.9 6.9 7.0 7.3 7.3 7.4 7.6 7.6 7.6 7.6 7.8 7.8 8.0 8.2 8.5 8.6 9.1 8.9 8.8 8.9 9.1 9.4 9.3 9.0 9.2 9.5 10.0 10.4 10.8 9.9 10.0 9.8 9.0 8.6 9.0 9.0 8.6 8.7 8.2 8.1 7.9 8.7 7.7 8.1 7.7 7.5 8.9 8.5 8.3 7.4 7.7 7.6 7.9 8.8 10.4 11.0 15.2 17.9 2012
2012 6.1 6.1 6.1 6.1 6.2 6.1 6.2 6.2 6.1 6.0 6.0 6.0 6.0 6.0 6.0 6.1 6.1 6.2 6.2 6.3 6.3 6.4 6.5 6.5 6.6 6.7 6.8 6.9 6.9 7.0 7.1 7.3 7.3 7.5 7.7 7.6 7.7 7.7 7.8 7.9 8.1 8.2 8.6 8.7 9.1 8.9 8.9 8.9 9.1 9.4 9.3 9.1 9.3 9.6 10.0 10.4 10.8 9.9 10.0 9.8 9.1 8.7 9.1 9.0 8.7 8.8 8.3 8.3 8.0 8.8 7.8 8.2 7.9 7.7 9.0 8.7 8.5 7.8 8.0 8.0 8.3 9.1 10.5 10.9 13.6 14.3 10.7 2013
2013 6.0 5.9 5.9 6.0 6.0 6.0 6.1 6.0 5.9 5.9 5.8 5.8 5.8 5.8 5.9 5.9 5.9 6.0 6.0 6.0 6.1 6.1 6.3 6.3 6.4 6.4 6.6 6.6 6.7 6.7 6.8 7.1 7.0 7.2 7.4 7.3 7.4 7.4 7.5 7.5 7.7 7.9 8.2 8.3 8.7 8.5 8.4 8.5 8.7 9.0 8.8 8.6 8.8 9.0 9.5 9.9 10.2 9.3 9.4 9.2 8.5 8.1 8.4 8.3 8.0 8.1 7.6 7.5 7.2 7.9 6.9 7.3 6.9 6.7 7.8 7.4 7.1 6.3 6.4 6.2 6.2 6.6 7.3 7.0 8.1 6.6 1.4 -7.1 2014
2014 6.1 6.1 6.0 6.1 6.1 6.1 6.2 6.1 6.1 6.0 5.9 5.9 6.0 6.0 6.0 6.0 6.1 6.1 6.2 6.2 6.2 6.3 6.4 6.5 6.5 6.6 6.7 6.8 6.9 6.9 7.0 7.2 7.2 7.4 7.6 7.5 7.6 7.6 7.7 7.7 7.9 8.1 8.4 8.5 8.9 8.7 8.6 8.7 8.9 9.2 9.0 8.8 9.0 9.3 9.7 10.1 10.4 9.6 9.7 9.4 8.8 8.4 8.7 8.7 8.4 8.4 8.0 7.9 7.7 8.4 7.5 7.8 7.5 7.3 8.4 8.1 7.9 7.2 7.4 7.2 7.4 7.9 8.7 8.7 9.9 9.2 6.4 4.4 17.3 2015
2015 6.0 6.0 6.0 6.0 6.0 6.0 6.1 6.0 6.0 5.9 5.9 5.8 5.9 5.9 5.9 5.9 6.0 6.0 6.1 6.1 6.1 6.2 6.3 6.4 6.4 6.5 6.6 6.7 6.7 6.7 6.8 7.1 7.1 7.2 7.4 7.4 7.4 7.4 7.5 7.6 7.7 7.9 8.2 8.3 8.7 8.5 8.4 8.4 8.6 8.9 8.8 8.5 8.7 9.0 9.4 9.7 10.1 9.2 9.3 9.1 8.4 8.1 8.4 8.3 8.0 8.0 7.6 7.5 7.2 7.9 7.0 7.3 7.0 6.8 7.8 7.4 7.2 6.5 6.6 6.5 6.5 6.9 7.4 7.2 8.0 7.1 4.5 2.6 7.7 -1.0 2016
2016 6.0 6.0 6.0 6.0 6.0 6.0 6.1 6.1 6.0 5.9 5.9 5.9 5.9 5.9 5.9 5.9 6.0 6.0 6.1 6.1 6.1 6.2 6.3 6.4 6.4 6.5 6.6 6.7 6.7 6.7 6.8 7.1 7.1 7.2 7.4 7.4 7.4 7.4 7.5 7.5 7.7 7.9 8.1 8.3 8.6 8.4 8.4 8.4 8.6 8.9 8.7 8.5 8.7 8.9 9.3 9.6 10.0 9.1 9.2 9.0 8.4 8.0 8.3 8.2 7.9 8.0 7.5 7.5 7.2 7.8 7.0 7.3 7.0 6.8 7.7 7.4 7.2 6.5 6.6 6.5 6.5 6.9 7.3 7.2 7.8 7.0 5.0 3.6 7.4 2.8 6.7 2017
2017 6.1 6.0 6.0 6.1 6.1 6.1 6.2 6.1 6.1 6.0 5.9 5.9 6.0 6.0 6.0 6.0 6.1 6.1 6.2 6.2 6.2 6.3 6.4 6.4 6.5 6.6 6.7 6.8 6.8 6.8 6.9 7.2 7.1 7.3 7.5 7.4 7.5 7.5 7.6 7.6 7.8 7.9 8.2 8.3 8.7 8.5 8.5 8.5 8.7 8.9 8.8 8.6 8.8 9.0 9.4 9.7 10.0 9.2 9.3 9.1 8.5 8.1 8.4 8.4 8.1 8.1 7.7 7.6 7.4 8.0 7.2 7.5 7.3 7.1 7.9 7.7 7.5 6.9 7.0 6.9 7.0 7.3 7.8 7.7 8.3 7.8 6.1 5.3 8.6 5.8 9.4 12.2 2018
2018 5.9 5.9 5.9 5.9 6.0 5.9 6.0 6.0 5.9 5.8 5.8 5.8 5.8 5.8 5.8 5.9 5.9 6.0 6.0 6.0 6.0 6.1 6.2 6.3 6.3 6.4 6.5 6.6 6.6 6.6 6.7 7.0 6.9 7.1 7.2 7.2 7.2 7.2 7.3 7.4 7.5 7.7 7.9 8.0 8.4 8.2 8.1 8.2 8.3 8.6 8.5 8.2 8.4 8.6 9.0 9.3 9.6 8.8 8.9 8.6 8.0 7.7 8.0 7.9 7.6 7.6 7.2 7.1 6.9 7.4 6.7 6.9 6.6 6.4 7.2 6.9 6.7 6.1 6.2 6.0 6.0 6.2 6.6 6.3 6.7 6.0 4.4 3.4 5.6 2.9 4.3 3.0 -5.4
1926 1927 1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Bloomberg Barclays US Aggregate Bond Index Bloomberg Barclays US Government/Credit Bond Index Intermediate
$100,000 $100,000
$10,000 $10,000
$1,000 $1,000
$100 $20 $100 $21
$10 $10
$1 $1
$0 $0
1976 2018 1973 2018
1973
1973 3.3 1974
1974 4.6 5.9 1975
1976 1975 6.2 7.7 9.5 1976
1976 15.6 1977 1976 7.7 9.2 10.9 12.3 1977
1977 9.2 3.0 1978 1977 6.8 7.7 8.3 7.7 3.3 1978
1978 6.5 2.2 1.4 1979 1978 6.0 6.6 6.7 5.8 2.7 2.1 1979
1979 5.3 2.1 1.7 1.9 1980 1979 6.0 6.5 6.6 5.9 3.8 4.0 6.0 1980
1980 4.8 2.3 2.0 2.3 2.7 1981 1980 6.1 6.5 6.6 6.0 4.4 4.8 6.2 6.4 1981
1981 5.0 3.0 3.0 3.6 4.4 6.2 1982 1981 6.5 7.0 7.1 6.7 5.6 6.2 7.6 8.4 10.5 1982
1982 8.6 7.5 8.4 10.2 13.1 18.7 32.6 1983 1982 8.4 8.9 9.3 9.3 8.8 9.9 12.0 14.0 18.0 26.1 1983
1983 8.6 7.6 8.4 9.8 11.9 15.1 19.9 8.4 1984 1983 8.4 8.9 9.2 9.2 8.8 9.7 11.3 12.7 14.8 17.0 8.6 1984
1984 9.3 8.5 9.3 10.7 12.5 15.1 18.3 11.7 15.1 1985 1984 8.9 9.4 9.7 9.8 9.5 10.4 11.8 13.0 14.7 16.1 11.5 14.4 1985
1985 10.5 9.9 10.8 12.3 14.1 16.5 19.2 15.1 18.6 22.1 1986 1985 9.5 10.1 10.5 10.6 10.4 11.3 12.7 13.8 15.4 16.6 13.6 16.2 18.1 1986
1986 10.9 10.5 11.3 12.6 14.3 16.3 18.4 15.1 17.5 18.7 15.3 1987 1986 9.8 10.3 10.7 10.8 10.7 11.5 12.7 13.7 15.0 15.9 13.5 15.2 15.6 13.1 1987
1987 10.2 9.7 10.4 11.5 12.7 14.3 15.7 12.5 13.6 13.1 8.8 2.7 1988 1987 9.4 9.8 10.1 10.2 10.0 10.7 11.7 12.4 13.3 13.8 11.5 12.2 11.5 8.3 3.7 1988
1988 10.0 9.6 10.2 11.1 12.2 13.4 14.5 11.7 12.4 11.8 8.5 5.3 7.9 1989 1988 9.2 9.6 9.9 9.9 9.7 10.3 11.2 11.8 12.5 12.7 10.6 11.1 10.2 7.8 5.2 6.7 1989
1989 10.4 10.0 10.6 11.4 12.4 13.6 14.5 12.1 12.8 12.3 10.0 8.3 11.2 14.5 1990 1989 9.4 9.8 10.1 10.1 9.9 10.5 11.3 11.9 12.5 12.7 10.9 11.3 10.7 9.0 7.6 9.7 12.7 1990
1990 10.3 9.9 10.4 11.2 12.1 13.1 13.9 11.7 12.2 11.7 9.8 8.4 10.4 11.7 8.9 1991 1990 9.4 9.8 10.0 10.1 9.9 10.4 11.1 11.6 12.1 12.3 10.7 11.0 10.5 9.0 8.0 9.5 10.9 9.2 1991
1991 10.6 10.3 10.8 11.6 12.4 13.4 14.1 12.2 12.7 12.3 10.8 9.9 11.8 13.1 12.4 16.0 1992 1991 9.7 10.0 10.3 10.3 10.2 10.7 11.4 11.9 12.4 12.6 11.1 11.5 11.1 9.9 9.3 10.8 12.2 11.9 14.6 1992
1992 10.4 10.1 10.6 11.3 12.0 12.8 13.5 11.7 12.1 11.7 10.3 9.5 10.9 11.7 10.7 11.6 7.4 1993 1992 9.5 9.9 10.1 10.1 10.0 10.5 11.1 11.5 11.9 12.1 10.7 11.0 10.6 9.5 8.9 10.0 10.9 10.3 10.8 7.2 1993
1993 10.4 10.1 10.5 11.2 11.9 12.6 13.2 11.5 11.9 11.5 10.2 9.5 10.7 11.3 10.5 11.0 8.6 9.8 1994 1993 9.5 9.8 10.0 10.1 9.9 10.4 10.9 11.3 11.7 11.8 10.6 10.8 10.4 9.4 8.9 9.8 10.5 9.9 10.1 8.0 8.8 1994
1994 9.6 9.3 9.7 10.2 10.8 11.4 11.8 10.3 10.4 10.0 8.7 7.9 8.6 8.8 7.7 7.3 4.6 3.2 -2.9 1995 1994 9.0 9.2 9.4 9.4 9.2 9.6 10.1 10.4 10.7 10.7 9.5 9.5 9.1 8.1 7.5 8.1 8.3 7.4 7.0 4.6 3.3 -1.9 1995
1995 10.1 9.8 10.2 10.7 11.3 11.9 12.3 10.9 11.1 10.7 9.6 9.0 9.8 10.1 9.4 9.5 7.9 8.1 7.3 18.5 1996 1995 9.2 9.5 9.7 9.7 9.6 9.9 10.4 10.7 11.0 11.0 9.9 10.0 9.6 8.8 8.3 8.9 9.3 8.7 8.6 7.2 7.1 6.3 15.3 1996
1996 9.8 9.5 9.8 10.3 10.8 11.3 11.7 10.3 10.5 10.1 9.1 8.5 9.1 9.3 8.5 8.5 7.0 6.9 6.0 10.8 3.6 1997 1996 9.0 9.3 9.4 9.4 9.3 9.6 10.0 10.3 10.5 10.5 9.5 9.5 9.1 8.4 7.9 8.4 8.6 8.0 7.8 6.5 6.4 5.6 9.5 4.1 1997
1997 9.7 9.5 9.8 10.3 10.8 11.2 11.6 10.3 10.4 10.1 9.1 8.6 9.2 9.3 8.7 8.7 7.5 7.5 6.9 10.4 6.6 9.7 1998 1997 9.0 9.2 9.3 9.3 9.2 9.5 9.9 10.1 10.4 10.3 9.4 9.4 9.0 8.3 7.9 8.3 8.5 8.0 7.8 6.7 6.7 6.1 9.0 5.9 7.9 1998
1998 9.7 9.4 9.8 10.2 10.6 11.1 11.4 10.2 10.3 10.0 9.1 8.6 9.1 9.3 8.7 8.7 7.6 7.7 7.3 10.0 7.3 9.2 8.7 1999 1998 8.9 9.2 9.3 9.3 9.2 9.5 9.8 10.0 10.2 10.2 9.3 9.4 9.0 8.3 7.9 8.3 8.5 8.1 7.9 7.0 7.0 6.6 8.8 6.8 8.1 8.4 1999
1999 9.2 9.0 9.2 9.6 10.0 10.4 10.7 9.5 9.6 9.2 8.3 7.8 8.3 8.3 7.7 7.6 6.5 6.4 5.9 7.7 5.2 5.7 3.8 -0.8 2000 1999 8.6 8.8 8.9 8.9 8.8 9.0 9.4 9.5 9.7 9.7 8.8 8.8 8.4 7.7 7.3 7.7 7.7 7.3 7.0 6.1 6.0 5.5 7.1 5.1 5.5 4.3 0.4 2000
2000 9.3 9.1 9.4 9.7 10.1 10.5 10.7 9.6 9.7 9.4 8.6 8.1 8.5 8.6 8.0 8.0 7.1 7.1 6.7 8.4 6.5 7.2 6.4 5.2 11.6 2001 2000 8.7 8.9 9.0 9.0 8.8 9.1 9.4 9.6 9.7 9.7 8.8 8.8 8.5 7.9 7.5 7.8 7.9 7.5 7.4 6.6 6.5 6.2 7.6 6.1 6.6 6.2 5.1 10.1 2001
2001 9.3 9.1 9.3 9.7 10.0 10.4 10.6 9.6 9.6 9.3 8.6 8.1 8.5 8.6 8.1 8.0 7.2 7.2 6.9 8.4 6.8 7.4 6.9 6.3 10.0 8.4 2002 2001 8.7 8.9 9.0 9.0 8.8 9.1 9.4 9.5 9.7 9.6 8.8 8.9 8.5 8.0 7.6 7.9 8.0 7.6 7.5 6.8 6.8 6.5 7.8 6.6 7.1 6.9 6.4 9.5 9.0 2002
2002 9.3 9.1 9.4 9.7 10.0 10.4 10.6 9.6 9.7 9.4 8.7 8.3 8.6 8.7 8.2 8.2 7.5 7.5 7.3 8.6 7.3 7.9 7.5 7.3 10.1 9.3 10.3 2003 2002 8.7 8.9 9.0 9.0 8.9 9.1 9.4 9.5 9.7 9.7 8.9 8.9 8.6 8.1 7.8 8.0 8.1 7.8 7.7 7.1 7.1 6.9 8.0 7.0 7.5 7.5 7.2 9.6 9.4 9.8 2003
2003 9.1 8.9 9.1 9.5 9.8 10.1 10.3 9.3 9.4 9.1 8.4 8.0 8.3 8.4 7.9 7.9 7.2 7.2 6.9 8.1 6.9 7.3 7.0 6.6 8.6 7.6 7.1 4.1 2004 2003 8.6 8.7 8.8 8.8 8.7 8.9 9.2 9.3 9.5 9.4 8.7 8.7 8.4 7.9 7.6 7.8 7.9 7.5 7.4 6.8 6.8 6.6 7.6 6.7 7.1 6.9 6.6 8.3 7.7 7.0 4.3 2004
2004 9.0 8.7 9.0 9.3 9.6 9.9 10.0 9.1 9.1 8.8 8.2 7.8 8.1 8.1 7.7 7.6 7.0 7.0 6.7 7.7 6.6 7.0 6.6 6.2 7.7 6.8 6.2 4.2 4.3 2005 2004 8.4 8.6 8.6 8.6 8.5 8.7 8.9 9.1 9.2 9.1 8.4 8.4 8.1 7.6 7.3 7.5 7.6 7.2 7.1 6.5 6.5 6.3 7.1 6.3 6.6 6.4 6.0 7.2 6.5 5.7 3.7 3.0 2005
2005 8.8 8.5 8.7 9.0 9.3 9.6 9.7 8.8 8.8 8.5 7.9 7.5 7.8 7.8 7.4 7.3 6.7 6.6 6.3 7.2 6.2 6.5 6.1 5.7 6.8 5.9 5.2 3.6 3.4 2.4 2006 2005 8.2 8.3 8.4 8.4 8.2 8.4 8.7 8.8 8.9 8.8 8.1 8.1 7.8 7.3 7.0 7.2 7.2 6.9 6.7 6.2 6.1 5.9 6.6 5.8 6.0 5.8 5.4 6.2 5.5 4.6 3.0 2.3 1.6 2006
2006 8.6 8.4 8.6 8.8 9.1 9.4 9.5 8.6 8.6 8.3 7.7 7.3 7.6 7.6 7.2 7.1 6.5 6.4 6.2 7.0 6.0 6.2 5.9 5.5 6.5 5.6 5.1 3.8 3.7 3.4 4.3 2007 2006 8.1 8.2 8.3 8.2 8.1 8.3 8.5 8.6 8.7 8.6 7.9 7.9 7.6 7.1 6.8 7.0 7.0 6.7 6.6 6.0 6.0 5.7 6.4 5.6 5.8 5.6 5.2 5.9 5.3 4.5 3.2 2.9 2.8 4.1 2007
2007 8.6 8.3 8.5 8.8 9.0 9.3 9.4 8.5 8.5 8.3 7.7 7.3 7.6 7.5 7.2 7.1 6.5 6.5 6.2 7.0 6.1 6.3 6.0 5.7 6.5 5.8 5.4 4.4 4.5 4.6 5.6 7.0 2008 2007 8.0 8.2 8.2 8.2 8.1 8.2 8.5 8.5 8.6 8.6 7.9 7.9 7.6 7.2 6.9 7.0 7.1 6.7 6.6 6.1 6.1 5.9 6.5 5.8 5.9 5.8 5.5 6.1 5.6 5.0 4.1 4.0 4.3 5.7 7.4 2008
2008 8.5 8.2 8.4 8.6 8.9 9.1 9.2 8.4 8.4 8.1 7.6 7.2 7.5 7.4 7.1 7.0 6.5 6.4 6.2 6.9 6.0 6.2 5.9 5.6 6.4 5.7 5.4 4.6 4.7 4.7 5.5 6.1 5.2 2009 2008 8.0 8.1 8.2 8.1 8.0 8.1 8.3 8.4 8.5 8.4 7.8 7.8 7.5 7.1 6.8 6.9 7.0 6.7 6.5 6.1 6.0 5.8 6.4 5.7 5.9 5.7 5.4 6.0 5.5 5.0 4.2 4.2 4.5 5.5 6.2 5.1 2009
2009 8.4 8.2 8.3 8.6 8.8 9.0 9.1 8.3 8.3 8.1 7.5 7.2 7.4 7.4 7.0 6.9 6.4 6.4 6.2 6.8 6.0 6.2 5.9 5.7 6.3 5.8 5.4 4.8 4.9 5.0 5.6 6.0 5.6 5.9 2010 2009 7.9 8.0 8.1 8.0 7.9 8.0 8.2 8.3 8.4 8.3 7.7 7.7 7.4 7.0 6.7 6.9 6.9 6.6 6.5 6.0 6.0 5.8 6.3 5.7 5.8 5.7 5.4 5.9 5.5 5.0 4.4 4.4 4.7 5.4 5.9 5.2 5.2 2010
2010 8.3 8.1 8.3 8.5 8.7 8.9 9.0 8.3 8.2 8.0 7.5 7.1 7.3 7.3 7.0 6.9 6.4 6.4 6.2 6.8 6.0 6.2 6.0 5.7 6.3 5.8 5.6 5.0 5.1 5.2 5.8 6.2 5.9 6.2 6.5 2011 2010 7.8 7.9 8.0 8.0 7.8 8.0 8.2 8.2 8.3 8.2 7.6 7.6 7.3 6.9 6.7 6.8 6.8 6.6 6.4 6.0 5.9 5.8 6.3 5.7 5.8 5.7 5.4 5.9 5.5 5.1 4.6 4.6 4.9 5.5 5.9 5.4 5.6 5.9 2011
2011 8.3 8.1 8.3 8.5 8.7 8.9 9.0 8.2 8.2 8.0 7.5 7.2 7.4 7.3 7.0 6.9 6.5 6.5 6.3 6.8 6.2 6.3 6.1 5.9 6.5 6.0 5.8 5.3 5.4 5.6 6.1 6.5 6.4 6.8 7.2 7.8 2012 2011 7.8 7.9 7.9 7.9 7.8 7.9 8.1 8.2 8.2 8.1 7.6 7.5 7.3 6.9 6.7 6.8 6.8 6.5 6.4 6.0 5.9 5.8 6.3 5.7 5.8 5.7 5.5 5.9 5.5 5.2 4.7 4.7 5.0 5.6 5.9 5.5 5.6 5.8 5.8 2012
2012 8.2 8.0 8.1 8.3 8.5 8.7 8.8 8.1 8.1 7.9 7.4 7.1 7.2 7.2 6.9 6.8 6.4 6.3 6.2 6.7 6.0 6.2 6.0 5.8 6.3 5.9 5.6 5.2 5.3 5.4 5.9 6.1 5.9 6.1 6.2 6.0 4.2 2013 2012 7.7 7.8 7.8 7.8 7.7 7.8 8.0 8.0 8.1 8.0 7.4 7.4 7.2 6.8 6.5 6.7 6.7 6.4 6.3 5.9 5.8 5.7 6.1 5.6 5.7 5.6 5.4 5.8 5.4 5.1 4.6 4.7 4.9 5.3 5.5 5.2 5.2 5.2 4.8 3.9 2013
2013 7.9 7.7 7.8 8.0 8.2 8.4 8.5 7.8 7.7 7.5 7.0 6.7 6.9 6.8 6.5 6.4 6.0 5.9 5.7 6.2 5.6 5.7 5.4 5.2 5.7 5.2 5.0 4.5 4.5 4.6 4.8 4.9 4.6 4.4 4.1 3.3 1.0 -2.0 2014 2013 7.5 7.6 7.6 7.6 7.4 7.5 7.7 7.8 7.8 7.7 7.2 7.1 6.9 6.5 6.3 6.4 6.4 6.1 6.0 5.6 5.5 5.3 5.7 5.2 5.3 5.1 4.9 5.3 4.9 4.6 4.1 4.1 4.2 4.5 4.6 4.1 4.0 3.6 2.9 1.5 -0.9 2014
2014 7.9 7.7 7.8 8.0 8.2 8.3 8.4 7.7 7.7 7.4 7.0 6.7 6.8 6.8 6.5 6.4 6.0 5.9 5.8 6.2 5.6 5.7 5.5 5.3 5.7 5.3 5.1 4.6 4.7 4.7 5.0 5.0 4.8 4.7 4.4 3.9 2.7 1.9 6.0 2015 2014 7.4 7.5 7.5 7.4 7.3 7.4 7.6 7.6 7.7 7.6 7.0 7.0 6.8 6.4 6.1 6.2 6.2 6.0 5.8 5.5 5.4 5.2 5.6 5.1 5.2 5.0 4.8 5.1 4.8 4.5 4.0 4.0 4.1 4.4 4.4 4.0 3.8 3.5 3.0 2.0 1.1 3.1 2015
2015 7.7 7.5 7.6 7.8 7.9 8.1 8.1 7.5 7.5 7.2 6.7 6.5 6.6 6.6 6.3 6.2 5.8 5.7 5.5 5.9 5.3 5.4 5.2 5.0 5.4 5.0 4.7 4.3 4.3 4.3 4.5 4.5 4.2 4.1 3.8 3.2 2.1 1.4 3.2 0.5 2016 2015 7.2 7.3 7.3 7.3 7.2 7.3 7.4 7.4 7.5 7.4 6.9 6.8 6.6 6.2 6.0 6.1 6.0 5.8 5.6 5.3 5.2 5.0 5.4 4.9 5.0 4.8 4.6 4.9 4.5 4.2 3.8 3.8 3.8 4.0 4.0 3.6 3.4 3.1 2.6 1.8 1.1 2.1 1.1 2016
2016 7.6 7.4 7.5 7.6 7.8 7.9 8.0 7.3 7.3 7.1 6.6 6.3 6.5 6.4 6.1 6.0 5.6 5.6 5.4 5.8 5.2 5.3 5.1 4.9 5.2 4.8 4.6 4.2 4.2 4.2 4.3 4.3 4.1 3.9 3.6 3.1 2.2 1.7 3.0 1.6 2.6 2017 2016 7.1 7.2 7.2 7.1 7.0 7.1 7.3 7.3 7.3 7.2 6.7 6.7 6.4 6.1 5.8 5.9 5.9 5.6 5.5 5.2 5.1 4.9 5.2 4.8 4.8 4.7 4.5 4.7 4.4 4.1 3.7 3.6 3.7 3.9 3.8 3.5 3.3 3.0 2.5 1.8 1.3 2.1 1.6 2.1 2017
2017 7.5 7.3 7.4 7.5 7.7 7.8 7.9 7.2 7.2 7.0 6.5 6.2 6.4 6.3 6.0 5.9 5.6 5.5 5.3 5.7 5.1 5.2 5.0 4.8 5.1 4.7 4.5 4.1 4.1 4.1 4.3 4.3 4.0 3.9 3.6 3.2 2.4 2.1 3.2 2.2 3.1 3.5 2018 2017 7.0 7.1 7.1 7.0 6.9 7.0 7.1 7.1 7.2 7.1 6.6 6.5 6.3 5.9 5.7 5.8 5.8 5.5 5.4 5.0 5.0 4.8 5.1 4.7 4.7 4.5 4.3 4.6 4.2 3.9 3.6 3.5 3.6 3.7 3.7 3.3 3.1 2.9 2.4 1.9 1.5 2.1 1.8 2.1 2.1 2018
2018 7.3 7.1 7.2 7.3 7.5 7.6 7.6 7.0 7.0 6.7 6.3 6.0 6.2 6.1 5.8 5.7 5.3 5.3 5.1 5.4 4.9 5.0 4.7 4.5 4.8 4.5 4.2 3.9 3.9 3.8 3.9 3.9 3.6 3.5 3.2 2.8 2.1 1.7 2.5 1.7 2.1 1.8 0.0 2018 6.8 6.9 6.9 6.9 6.8 6.8 7.0 7.0 7.0 6.9 6.4 6.4 6.1 5.8 5.6 5.6 5.6 5.3 5.2 4.9 4.8 4.6 4.9 4.5 4.5 4.4 4.2 4.4 4.0 3.8 3.4 3.3 3.4 3.5 3.4 3.1 2.9 2.6 2.2 1.8 1.4 1.9 1.5 1.7 1.5 0.9
1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Dimensional US Adjusted Investment Grade Index FTSE World Government Bond Index 3–7 Years
1990–2018: Total Returns (%) Hedged to USD
1986 1986–2018: Total Returns (%)
1986 13.1 1987
Growth of $1 1987 9.9 6.7 1988
$100,000
1988 9.2 7.2 7.8 1989
1990 1989 8.7 7.3 7.6 7.3 1990 Growth of $1
$10,000 $100,000
1990 8.4 1991 1990 8.3 7.1 7.2 7.0 6.6 1991
1991 12.6 17.0 1992 1991 9.0 8.2 8.6 8.9 9.7 12.8 1992
$1,000 $10,000
1992 11.0 12.3 7.8 1993 1992 8.9 8.2 8.6 8.8 9.2 10.6 8.4 1993
1993 11.0 11.9 9.4 10.9 1994 1993 9.2 8.7 9.0 9.3 9.8 10.8 9.9 11.4 1994
7.9 7.8 4.9 3.5 -3.5 $100 $1,000
1994 1995 1994 7.8 7.2 7.3 7.2 7.1 7.3 5.5 4.1 -2.8 1995
1995 9.7 10.0 8.3 8.4 7.2 19.2 1996 $5.56 1995 8.8 8.3 8.5 8.6 8.8 9.3 8.4 8.4 6.9 17.6 1996
8.7 8.8 7.2 7.1 5.8 10.8 3.1 $10 $100
1996 1997 1996 8.8 8.4 8.6 8.7 8.9 9.3 8.6 8.7 7.7 13.4 9.4 1997
1997 8.8 8.8 7.5 7.4 6.6 10.2 6.0 8.9 1998 1997 8.9 8.5 8.7 8.8 8.9 9.3 8.7 8.8 8.1 12.0 9.3 9.2 1998 $6.71
8.9 8.9 7.8 7.8 7.2 10.1 7.2 9.3 9.8 $1 $10
1998 1999 1998 9.0 8.6 8.8 8.9 9.1 9.4 8.9 9.0 8.5 11.5 9.6 9.7 10.2 1999
1999 7.8 7.8 6.7 6.5 5.8 7.7 5.0 5.7 4.1 -1.2 2000 1999 8.5 8.2 8.3 8.3 8.4 8.6 8.1 8.1 7.5 9.7 7.9 7.3 6.4 2.8 2000
2000 8.1 8.1 7.2 7.1 6.6 8.3 6.3 7.1 6.5 4.9 11.4 2001 $0 2000 8.6 8.3 8.4 8.4 8.5 8.7 8.3 8.3 7.8 9.7 8.2 7.9 7.5 6.2 9.7 2001 $1
2001 8.2 8.2 7.4 7.3 6.9 8.5 6.8 7.5 7.2 6.4 10.4 9.4 2002 1990 2018 2001 8.5 8.2 8.3 8.3 8.4 8.5 8.1 8.1 7.7 9.3 8.0 7.7 7.3 6.3 8.2 6.7 2002
2002 8.5 8.5 7.8 7.8 7.4 8.9 7.5 8.2 8.1 7.7 10.8 10.5 11.6 2003 2002 8.4 8.1 8.2 8.2 8.3 8.4 8.0 8.0 7.6 9.0 7.8 7.6 7.2 6.5 7.8 6.8 7.0 2003 $0
See Sources and Descriptions of Data. 1986 2018
2003 8.3 8.3 7.6 7.5 7.2 8.5 7.2 7.8 7.6 7.2 9.4 8.7 8.4 5.2 2004 2003 8.0 7.7 7.8 7.8 7.8 7.9 7.5 7.4 7.1 8.2 7.1 6.8 6.4 5.6 6.3 5.2 4.5 2.1 2004
2004 8.0 8.0 7.3 7.2 6.9 8.0 6.9 7.3 7.1 6.7 8.3 7.6 7.0 4.7 4.2 2005 2004 7.8 7.5 7.6 7.6 7.6 7.6 7.3 7.2 6.8 7.8 6.8 6.4 6.0 5.4 5.9 5.0 4.4 3.1 4.1 2005 See Sources and Descriptions of Data.
2005 7.6 7.5 6.9 6.8 6.5 7.4 6.3 6.7 6.4 5.9 7.2 6.4 5.6 3.7 2.9 1.7 2006 2005 7.6 7.3 7.4 7.3 7.3 7.4 7.0 6.9 6.5 7.4 6.4 6.1 5.7 5.1 5.5 4.7 4.2 3.3 3.9 3.7 2006
2006 7.4 7.3 6.7 6.6 6.3 7.1 6.1 6.4 6.1 5.7 6.7 6.0 5.3 3.8 3.3 2.8 3.9 2007 2006 7.4 7.1 7.1 7.1 7.1 7.1 6.8 6.7 6.3 7.1 6.2 5.9 5.5 4.9 5.2 4.5 4.1 3.4 3.8 3.6 3.6 2007
2007 7.4 7.3 6.8 6.7 6.4 7.2 6.3 6.5 6.3 5.9 6.9 6.2 5.7 4.6 4.4 4.5 5.9 7.9 2008 2007 7.4 7.1 7.1 7.1 7.1 7.1 6.8 6.6 6.3 7.1 6.2 5.9 5.6 5.1 5.4 4.8 4.5 4.0 4.5 4.6 5.1 6.6 2008
2008 7.2 7.1 6.6 6.5 6.2 6.9 6.0 6.3 6.1 5.7 6.5 5.9 5.4 4.4 4.3 4.3 5.1 5.7 3.6 2009 2008 7.4 7.2 7.2 7.2 7.1 7.2 6.9 6.8 6.5 7.2 6.4 6.1 5.9 5.4 5.7 5.3 5.1 4.7 5.3 5.6 6.2 7.6 8.5 2009
2009 7.2 7.2 6.7 6.6 6.3 7.0 6.2 6.4 6.2 5.9 6.7 6.2 5.8 4.9 4.9 5.0 5.9 6.6 5.9 8.2 2010 2009 7.2 7.0 7.0 6.9 6.9 6.9 6.6 6.5 6.2 6.8 6.1 5.9 5.6 5.2 5.4 4.9 4.7 4.4 4.8 4.9 5.3 5.8 5.4 2.4 2010
2010 7.2 7.2 6.7 6.6 6.4 7.0 6.3 6.5 6.3 6.0 6.7 6.3 5.9 5.2 5.2 5.4 6.2 6.7 6.3 7.7 7.2 2011 2010 7.0 6.8 6.8 6.8 6.7 6.7 6.4 6.3 6.0 6.6 5.9 5.7 5.4 5.0 5.2 4.8 4.6 4.3 4.6 4.7 4.9 5.2 4.7 2.9 3.3 2011
2011 7.3 7.2 6.8 6.7 6.5 7.1 6.4 6.6 6.4 6.2 6.8 6.4 6.1 5.5 5.6 5.8 6.5 7.0 6.7 7.8 7.6 8.0 2012 2011 6.9 6.7 6.7 6.7 6.6 6.6 6.3 6.2 5.9 6.5 5.8 5.6 5.3 5.0 5.1 4.7 4.5 4.3 4.5 4.6 4.8 5.0 4.6 3.3 3.8 4.3 2012
2012 7.2 7.2 6.7 6.7 6.5 7.1 6.4 6.6 6.4 6.2 6.8 6.4 6.2 5.6 5.7 5.9 6.5 6.9 6.7 7.5 7.2 7.2 6.5 2013 2012 6.8 6.6 6.6 6.5 6.5 6.5 6.2 6.1 5.8 6.3 5.7 5.5 5.2 4.9 5.0 4.7 4.5 4.2 4.5 4.5 4.6 4.8 4.4 3.5 3.8 4.1 3.8 2013
2013 6.9 6.8 6.3 6.3 6.1 6.6 5.9 6.1 5.9 5.7 6.2 5.8 5.5 4.9 4.9 5.0 5.4 5.6 5.3 5.6 4.9 4.2 2.4 -1.6 2014 2013 6.6 6.3 6.3 6.3 6.2 6.2 5.9 5.8 5.5 6.0 5.4 5.1 4.9 4.6 4.7 4.3 4.1 3.9 4.0 4.0 4.1 4.1 3.7 2.8 2.9 2.8 2.0 0.3 2014
2014 6.8 6.7 6.3 6.2 6.0 6.5 5.9 6.0 5.9 5.6 6.1 5.7 5.4 4.9 4.9 5.0 5.4 5.5 5.2 5.5 4.9 4.4 3.2 1.6 4.9 2015 2014 6.5 6.3 6.3 6.2 6.2 6.1 5.9 5.8 5.5 5.9 5.3 5.1 4.9 4.6 4.7 4.3 4.2 3.9 4.1 4.1 4.1 4.2 3.9 3.1 3.2 3.2 2.9 2.4 4.6 2015
2015 6.6 6.5 6.1 6.0 5.8 6.2 5.6 5.8 5.6 5.4 5.8 5.4 5.1 4.7 4.6 4.7 5.0 5.1 4.7 4.9 4.3 3.8 2.8 1.5 3.1 1.4 2016 2015 6.3 6.1 6.1 6.0 6.0 6.0 5.7 5.6 5.3 5.7 5.1 4.9 4.7 4.4 4.5 4.1 4.0 3.7 3.9 3.9 3.9 3.9 3.6 2.9 3.0 2.9 2.5 2.1 3.1 1.5 2016
2016 6.4 6.4 5.9 5.9 5.7 6.1 5.5 5.6 5.5 5.2 5.6 5.3 5.0 4.5 4.5 4.5 4.8 4.9 4.5 4.6 4.1 3.6 2.8 1.9 3.1 2.1 2.9 2017 2016 6.2 6.0 6.0 5.9 5.8 5.8 5.5 5.4 5.2 5.5 5.0 4.8 4.6 4.3 4.3 4.0 3.8 3.6 3.7 3.7 3.7 3.7 3.4 2.8 2.8 2.8 2.5 2.1 2.7 1.8 2.1 2017
2017 6.3 6.2 5.8 5.8 5.5 6.0 5.4 5.5 5.3 5.1 5.5 5.1 4.9 4.4 4.4 4.4 4.6 4.7 4.4 4.4 4.0 3.5 2.8 2.1 3.0 2.4 2.9 2.9 2018 2017 6.1 5.8 5.8 5.7 5.7 5.6 5.4 5.3 5.0 5.4 4.8 4.6 4.4 4.1 4.2 3.9 3.7 3.5 3.6 3.5 3.5 3.5 3.2 2.7 2.7 2.6 2.3 2.0 2.5 1.8 1.9 1.6 2018
2018 6.1 6.0 5.6 5.5 5.3 5.7 5.2 5.3 5.1 4.9 5.2 4.9 4.6 4.2 4.1 4.1 4.3 4.3 4.0 4.0 3.6 3.1 2.5 1.8 2.5 1.9 2.1 1.7 0.5 2018 5.9 5.7 5.7 5.6 5.6 5.5 5.3 5.1 4.9 5.2 4.7 4.5 4.3 4.0 4.1 3.8 3.6 3.4 3.5 3.5 3.4 3.4 3.1 2.6 2.6 2.6 2.3 2.1 2.4 1.9 2.0 1.9 2.2
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
FTSE World Government Bond Index 1–3 Years Bloomberg Barclays Global Aggregate Bond Index
Hedged to USD Hedged to USD
1986 1986–2018: Total Returns (%) 1990–2018: Total Returns (%)
1986 9.9 1987
1987 8.3 6.6 1988
1988 7.8 6.7 6.8 1989
1989 8.0 7.4 7.8 8.8 1990 Growth of $1 1990 Growth of $1
$100,000 $100,000
1990 8.1 7.7 8.1 8.7 8.5 1991 1990 7.2 1991
1991 8.5 8.2 8.6 9.1 9.3 10.1 1992 1991 10.6 14.2 1992
$10,000 $10,000
1992 8.1 7.8 8.1 8.4 8.3 8.1 6.2 1993 1992 9.4 10.6 7.1 1993
1993 7.9 7.6 7.8 7.9 7.7 7.5 6.2 6.2 1994 1993 9.9 10.8 9.2 11.3 1994
$1,000 7.1 7.0 4.7 3.6 -3.6 $1,000
1994 7.1 6.7 6.8 6.8 6.4 5.8 4.4 3.6 1.0 1995 1994 1995
1995 7.5 7.2 7.3 7.4 7.1 6.9 6.1 6.0 6.0 11.2 1996 1995 8.8 9.1 7.9 8.2 6.7 18.0 1996
$100 8.6 8.8 7.7 7.9 6.8 12.4 7.1 $100
1996 7.5 7.2 7.3 7.3 7.1 6.9 6.3 6.3 6.3 9.1 7.1 1997 1996 1997
1997 7.4 7.2 7.2 7.3 7.1 6.9 6.3 6.4 6.4 8.3 6.8 6.6 1998 $4.44 1997 8.8 9.0 8.1 8.4 7.6 11.7 8.6 10.2 1998 $5.24
$10 8.9 9.1 8.4 8.6 8.1 11.2 9.0 10.0 9.8 $10
1998 7.4 7.2 7.2 7.3 7.1 6.9 6.5 6.5 6.6 8.0 7.0 6.9 7.3 1999 1998 1999
1999 7.1 6.9 7.0 7.0 6.8 6.6 6.2 6.2 6.2 7.2 6.3 6.0 5.7 4.2 2000 1999 8.0 8.1 7.4 7.4 6.8 9.0 6.9 6.8 5.2 0.8 2000
2000 7.2 7.0 7.0 7.0 6.9 6.7 6.3 6.4 6.4 7.3 6.6 6.4 6.4 5.9 7.6 2001 $1 2000 8.2 8.3 7.7 7.8 7.3 9.2 7.6 7.7 6.9 5.4 10.3 2001 $1
2001 7.1 6.9 7.0 7.0 6.8 6.7 6.3 6.4 6.4 7.2 6.5 6.4 6.3 6.0 7.0 6.3 2002 2001 8.2 8.2 7.7 7.7 7.3 8.9 7.5 7.6 7.0 6.0 8.8 7.2 2002
2002 6.9 6.8 6.8 6.8 6.6 6.5 6.1 6.1 6.1 6.8 6.2 6.0 5.9 5.6 6.0 5.2 4.2 2003 $0 2002 8.2 8.3 7.7 7.8 7.4 8.9 7.6 7.7 7.2 6.6 8.7 7.8 8.4 2003 $0
1986 2018 7.8 7.9 7.3 7.4 7.0 8.2 7.1 7.1 6.6 5.9 7.3 6.3 5.8 3.2 1990 2018
2003 6.7 6.5 6.5 6.4 6.3 6.1 5.8 5.7 5.7 6.2 5.6 5.4 5.2 4.8 5.0 4.1 3.0 1.9 2004 2003 2004
2004 6.4 6.2 6.2 6.2 6.0 5.8 5.5 5.4 5.3 5.8 5.2 5.0 4.7 4.3 4.4 3.6 2.6 1.9 1.9 2005 See Sources and Descriptions of Data. 2004 7.6 7.6 7.2 7.2 6.8 7.9 6.8 6.8 6.3 5.8 6.8 5.9 5.5 4.0 4.9 2005 See Sources and Descriptions of Data.
2005 6.2 6.0 6.0 6.0 5.8 5.6 5.3 5.2 5.1 5.5 5.0 4.7 4.5 4.1 4.1 3.4 2.7 2.2 2.4 2.9 2006 2005 7.4 7.4 7.0 6.9 6.6 7.6 6.6 6.5 6.1 5.5 6.4 5.6 5.2 4.1 4.6 4.3 2006
2006 6.1 6.0 5.9 5.9 5.7 5.5 5.2 5.2 5.1 5.4 4.9 4.7 4.5 4.2 4.1 3.6 3.0 2.8 3.1 3.6 4.3 2007 2006 7.2 7.2 6.7 6.7 6.4 7.2 6.3 6.2 5.8 5.3 6.0 5.3 4.9 4.0 4.3 4.0 3.6 2007
2007 6.1 6.0 5.9 5.9 5.7 5.6 5.3 5.2 5.1 5.5 5.0 4.8 4.7 4.4 4.4 3.9 3.5 3.4 3.8 4.4 5.2 6.0 2008 2007 7.1 7.1 6.6 6.6 6.3 7.1 6.2 6.1 5.7 5.3 5.9 5.3 4.9 4.3 4.5 4.4 4.5 5.3 2008
2008 6.1 5.9 5.9 5.9 5.7 5.6 5.3 5.2 5.2 5.5 5.1 4.9 4.7 4.5 4.5 4.1 3.8 3.8 4.1 4.7 5.3 5.8 5.6 2009 2008 7.0 7.0 6.6 6.5 6.2 7.0 6.2 6.1 5.7 5.3 5.9 5.3 5.0 4.5 4.7 4.7 4.8 5.5 5.6 2009
2009 5.9 5.8 5.7 5.7 5.5 5.4 5.1 5.0 5.0 5.2 4.8 4.7 4.5 4.3 4.3 3.9 3.6 3.5 3.8 4.2 4.5 4.5 3.8 2.1 2010 2009 6.9 6.9 6.5 6.5 6.2 6.8 6.1 6.0 5.7 5.3 5.8 5.3 5.0 4.6 4.8 4.8 4.9 5.3 5.3 5.1 2010
2010 5.7 5.6 5.5 5.5 5.3 5.2 4.9 4.8 4.8 5.0 4.6 4.4 4.3 4.0 4.0 3.6 3.3 3.2 3.4 3.7 3.9 3.7 3.0 1.7 1.3 2011 2010 6.8 6.8 6.4 6.4 6.1 6.7 6.0 5.9 5.6 5.3 5.7 5.2 5.0 4.6 4.8 4.8 4.8 5.2 5.1 4.9 4.6 2011
2011 5.6 5.4 5.4 5.3 5.1 5.0 4.7 4.7 4.6 4.8 4.4 4.2 4.1 3.8 3.8 3.4 3.2 3.0 3.2 3.4 3.4 3.3 2.6 1.6 1.4 1.4 2012 2011 6.7 6.7 6.3 6.3 6.0 6.6 6.0 5.9 5.6 5.3 5.6 5.2 5.0 4.7 4.9 4.8 4.9 5.2 5.2 5.0 5.0 5.4 2012
2012 5.4 5.3 5.2 5.1 5.0 4.8 4.6 4.5 4.4 4.6 4.2 4.0 3.9 3.6 3.6 3.3 3.0 2.9 3.0 3.1 3.1 2.9 2.3 1.5 1.4 1.4 1.4 2013 2012 6.7 6.7 6.3 6.3 6.0 6.6 5.9 5.9 5.6 5.3 5.7 5.3 5.1 4.8 4.9 5.0 5.0 5.3 5.3 5.2 5.2 5.6 5.7 2013
2013 5.2 5.1 5.0 5.0 4.8 4.6 4.4 4.3 4.2 4.4 4.0 3.8 3.7 3.4 3.4 3.1 2.8 2.7 2.8 2.9 2.8 2.6 2.1 1.4 1.2 1.2 1.1 0.8 2014 2013 6.4 6.4 6.0 6.0 5.7 6.2 5.6 5.5 5.2 4.9 5.2 4.8 4.7 4.3 4.4 4.4 4.4 4.5 4.4 4.1 3.9 3.6 2.7 -0.1 2014
2014 5.1 4.9 4.9 4.8 4.6 4.5 4.2 4.2 4.1 4.2 3.9 3.7 3.5 3.3 3.2 2.9 2.7 2.5 2.6 2.7 2.6 2.4 1.9 1.3 1.2 1.1 1.0 0.9 1.0 2015 2014 6.4 6.4 6.1 6.0 5.8 6.3 5.7 5.6 5.4 5.1 5.4 5.0 4.9 4.6 4.7 4.7 4.7 4.9 4.8 4.7 4.6 4.6 4.3 3.7 7.6 2015
2015 4.9 4.8 4.7 4.6 4.5 4.3 4.1 4.0 3.9 4.0 3.7 3.5 3.4 3.1 3.1 2.8 2.5 2.4 2.4 2.5 2.4 2.2 1.8 1.2 1.1 1.0 0.9 0.8 0.8 0.7 2016 2015 6.2 6.2 5.9 5.8 5.6 6.0 5.5 5.4 5.1 4.8 5.1 4.8 4.6 4.3 4.4 4.4 4.4 4.4 4.3 4.2 4.0 3.9 3.5 2.8 4.2 1.0 2016
2016 4.8 4.7 4.6 4.5 4.4 4.2 4.0 3.9 3.8 3.9 3.6 3.4 3.2 3.0 3.0 2.7 2.4 2.3 2.3 2.4 2.3 2.1 1.7 1.2 1.1 1.1 1.0 0.9 0.9 0.9 1.2 2017 2016 6.1 6.1 5.8 5.7 5.5 5.9 5.4 5.3 5.1 4.8 5.0 4.7 4.6 4.3 4.4 4.3 4.3 4.4 4.3 4.1 4.0 3.9 3.6 3.1 4.1 2.5 3.9 2017
2017 4.7 4.5 4.5 4.4 4.2 4.1 3.9 3.8 3.7 3.8 3.5 3.3 3.1 2.9 2.8 2.6 2.3 2.2 2.2 2.3 2.2 2.0 1.6 1.2 1.1 1.0 1.0 0.9 0.9 0.9 1.0 0.9 2018 2017 6.0 6.0 5.7 5.6 5.4 5.8 5.3 5.2 4.9 4.7 4.9 4.6 4.5 4.2 4.3 4.2 4.2 4.3 4.2 4.0 3.9 3.8 3.5 3.1 3.9 2.7 3.5 3.0 2018
2018 4.6 4.5 4.4 4.3 4.2 4.0 3.8 3.7 3.6 3.7 3.4 3.2 3.1 2.9 2.8 2.5 2.3 2.2 2.2 2.2 2.2 2.0 1.7 1.3 1.2 1.2 1.1 1.1 1.2 1.2 1.4 1.5 2.1 2018 5.9 5.8 5.5 5.5 5.2 5.6 5.1 5.0 4.8 4.6 4.8 4.5 4.3 4.0 4.1 4.0 4.0 4.1 3.9 3.8 3.6 3.5 3.2 2.8 3.4 2.4 2.9 2.4 1.8
1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
1985 Dimensional Global Short-Term Government Variable Maturity Index Dimensional Global Adjusted Fixed Income Market Index
1985 19.2 1986
1986 16.3 13.6 1987
1987 12.3 9.0 4.6 1988
1988 10.7 8.1 5.4 6.3 1989
1989 10.3 8.2 6.5 7.4 8.6 1990
1990 10.3 8.6 7.4 8.4 9.5 10.3 1991 $100,000 $100,000
1991 11.0 9.7 8.9 10.0 11.3 12.7 15.2 1992
1992 10.5 9.4 8.7 9.5 10.3 10.9 11.2 7.4 1993 $10,000 $10,000
1993 10.4 9.4 8.8 9.5 10.2 10.6 10.7 8.5 9.5 1994
1994 9.0 8.0 7.3 7.7 7.9 7.8 7.2 4.6 3.2 -2.6 1995 $1,000 $1,000
1995 9.8 8.9 8.3 8.8 9.2 9.3 9.1 7.6 7.7 6.8 17.1 1996
1996 9.7 8.9 8.4 8.9 9.2 9.3 9.1 7.9 8.0 7.6 13.1 9.2 1997 $100 $100
1997 9.6 8.8 8.4 8.8 9.1 9.1 8.9 7.9 8.0 7.7 11.4 8.6 8.0 1998
$8.02
1998 9.6 8.9 8.5 8.8 9.1 9.2 9.0 8.2 8.3 8.1 10.9 8.9 8.8 9.5 1999 $10 $3.14
$10
1999 9.3 8.6 8.2 8.5 8.7 8.8 8.6 7.8 7.8 7.6 9.7 7.9 7.5 7.3 5.1 2000 2000
2000 9.2 8.6 8.2 8.5 8.7 8.7 8.6 7.9 7.9 7.7 9.5 8.1 7.8 7.7 6.8 8.6 2001 2000 9.3 2001
$1 $1
2001 9.1 8.5 8.2 8.4 8.6 8.6 8.4 7.8 7.8 7.6 9.1 7.9 7.6 7.5 6.8 7.7 6.8 2002 2001 9.2 9.1 2002
2002 9.0 8.4 8.1 8.4 8.5 8.5 8.4 7.8 7.8 7.6 9.0 7.8 7.6 7.5 7.0 7.7 7.2 7.7 2003 2002 8.6 8.2 7.3 2003
$0 $0
2003 8.7 8.1 7.8 8.0 8.1 8.1 7.9 7.3 7.3 7.1 8.2 7.2 6.9 6.7 6.1 6.4 5.7 5.1 2.6 2004 1985 2018 2003 8.5 8.2 7.8 8.2 2004 2000 2018
2004 8.4 7.9 7.6 7.7 7.8 7.8 7.6 7.0 7.0 6.8 7.8 6.8 6.5 6.3 5.7 5.8 5.2 4.6 3.1 3.7 2005 2004 8.2 7.9 7.5 7.6 7.1 2005
2005 8.1 7.6 7.3 7.4 7.5 7.4 7.3 6.7 6.7 6.4 7.3 6.4 6.0 5.8 5.3 5.3 4.7 4.1 3.0 3.2 2.7 2006 See Sources and Descriptions of Data. 2005 7.6 7.3 6.8 6.7 5.9 4.7 2006 See Sources and Descriptions of Data.
2006 7.9 7.4 7.1 7.3 7.3 7.3 7.1 6.6 6.5 6.3 7.0 6.2 5.9 5.6 5.2 5.2 4.6 4.2 3.3 3.6 3.5 4.4 2007 2006 7.1 6.8 6.3 6.1 5.4 4.6 4.5 2007
2007 7.9 7.4 7.1 7.3 7.3 7.2 7.1 6.6 6.5 6.3 7.0 6.2 6.0 5.7 5.3 5.4 4.9 4.6 4.0 4.4 4.6 5.5 6.7 2008 2007 6.7 6.4 5.9 5.7 5.0 4.4 4.2 3.9 2008
2008 8.0 7.5 7.2 7.4 7.4 7.3 7.2 6.7 6.7 6.5 7.2 6.5 6.2 6.1 5.7 5.8 5.5 5.3 4.9 5.4 5.8 6.8 8.1 9.4 2009 2008 5.5 5.0 4.4 4.0 3.1 2.2 1.3 -0.2 -4.2 2009
2009 7.7 7.3 7.0 7.1 7.1 7.1 6.9 6.5 6.4 6.2 6.8 6.1 5.9 5.7 5.4 5.4 5.1 4.8 4.4 4.8 5.0 5.5 5.9 5.6 1.8 2010 2009 6.5 6.2 5.9 5.7 5.3 4.9 5.0 5.1 5.7 16.7 2010
2010 7.6 7.2 6.9 7.0 7.0 7.0 6.8 6.4 6.3 6.1 6.7 6.1 5.8 5.7 5.4 5.4 5.1 4.9 4.5 4.8 5.0 5.5 5.7 5.4 3.5 5.2 2011 2010 6.6 6.4 6.1 5.9 5.6 5.4 5.5 5.8 6.4 12.1 7.6 2011
2011 7.5 7.1 6.9 6.9 7.0 6.9 6.7 6.3 6.3 6.1 6.6 6.0 5.8 5.7 5.4 5.4 5.1 4.9 4.6 4.9 5.1 5.5 5.7 5.5 4.2 5.4 5.5 2012 2011 6.5 6.2 5.9 5.8 5.5 5.3 5.4 5.5 5.9 9.6 6.1 4.7 2012
2012 7.4 7.0 6.7 6.8 6.8 6.7 6.6 6.2 6.1 6.0 6.5 5.9 5.7 5.5 5.2 5.2 5.0 4.8 4.5 4.7 4.8 5.2 5.3 5.0 3.9 4.6 4.4 3.2 2013 2012 7.0 6.8 6.6 6.5 6.3 6.3 6.5 6.8 7.4 10.5 8.5 9.0 13.4 2013
2013 7.1 6.7 6.5 6.5 6.5 6.5 6.3 5.9 5.8 5.6 6.1 5.5 5.3 5.1 4.9 4.8 4.6 4.4 4.1 4.2 4.3 4.5 4.5 4.2 3.1 3.5 2.9 1.6 0.0 2014 2013 6.6 6.4 6.2 6.1 5.9 5.8 5.9 6.1 6.5 8.8 6.9 6.7 7.7 2.2 2014
2014 7.0 6.6 6.3 6.4 6.4 6.3 6.2 5.8 5.7 5.5 6.0 5.4 5.2 5.0 4.7 4.7 4.5 4.3 4.0 4.1 4.2 4.3 4.3 4.0 3.1 3.4 2.9 2.1 1.5 3.1 2015 2014 6.9 6.7 6.5 6.5 6.3 6.2 6.4 6.7 7.0 9.0 7.6 7.6 8.5 6.2 10.3 2015
2015 6.8 6.4 6.2 6.2 6.2 6.1 6.0 5.6 5.5 5.3 5.7 5.2 5.0 4.8 4.6 4.5 4.3 4.1 3.8 3.9 3.9 4.1 4.0 3.7 2.9 3.1 2.7 2.0 1.6 2.4 1.6 2016 2015 6.5 6.3 6.1 6.0 5.8 5.7 5.8 5.9 6.2 7.7 6.3 6.0 6.4 4.1 5.1 0.2 2016
2016 6.6 6.3 6.0 6.1 6.1 6.0 5.8 5.5 5.4 5.2 5.6 5.0 4.8 4.7 4.4 4.4 4.1 3.9 3.7 3.8 3.8 3.9 3.8 3.5 2.8 2.9 2.6 2.0 1.7 2.2 1.8 1.9 2017 2016 6.6 6.4 6.2 6.2 6.0 5.9 6.0 6.2 6.4 7.8 6.6 6.5 6.8 5.2 6.2 4.3 8.6 2017
2017 6.5 6.1 5.9 5.9 5.9 5.8 5.6 5.3 5.2 5.0 5.4 4.9 4.7 4.5 4.2 4.2 3.9 3.8 3.5 3.6 3.6 3.6 3.6 3.3 2.6 2.7 2.4 1.8 1.6 1.9 1.6 1.6 1.2 2018 2017 6.5 6.4 6.2 6.1 6.0 5.9 6.0 6.2 6.4 7.6 6.5 6.4 6.7 5.4 6.2 4.9 7.3 6.0 2018
2018 6.3 5.9 5.7 5.8 5.7 5.6 5.5 5.1 5.0 4.9 5.2 4.7 4.5 4.3 4.1 4.0 3.8 3.6 3.4 3.4 3.4 3.5 3.4 3.1 2.5 2.5 2.2 1.8 1.5 1.8 1.5 1.5 1.2 1.3 2018 6.2 6.0 5.9 5.8 5.6 5.5 5.6 5.7 5.8 6.9 5.8 5.6 5.7 4.5 5.0 3.7 4.9 3.1 0.3
1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
1978
1978 11.0 1979
Dimensional Global Intermediate-Term Government Variable Maturity Index 1979
1980
28.6 49.0 1980
30.1 40.8 33.1 1981
Dow Jones US Select REIT Index
1985–2018: Total Returns (%) 1981 26.9 32.7 25.3 17.9 1982 1978–2018: Total Returns (%)
1982 25.7 29.7 23.8 19.4 20.9 1983
1983 26.8 30.2 25.8 23.5 26.4 32.2 1984
1985 1984 26.0 28.7 25.0 23.1 24.9 26.9 21.9 1985
1985 21.2 1986 Growth of $1 1985 23.4 25.3 21.7 19.6 20.0 19.7 13.9 6.5 1986 Growth of $1
$100,000 $100,000
1986 17.4 13.8 1987 1986 23.0 24.6 21.5 19.6 20.0 19.7 15.8 12.9 19.7 1987
1987 12.6 8.5 3.4 1988 1987 19.7 20.7 17.5 15.5 15.1 13.9 9.8 6.0 5.8 -6.6 1988
$10,000 $10,000
1988 11.1 7.9 5.0 6.6 1989 1988 19.5 20.3 17.5 15.7 15.4 14.5 11.3 8.8 9.5 4.8 17.5 1989
1989 10.1 7.5 5.5 6.6 6.5 1990 1989 18.0 18.6 16.0 14.2 13.7 12.7 9.8 7.5 7.8 4.1 9.9 2.7 1990
$1,000 $1,000
1990 9.9 7.8 6.4 7.4 7.7 9.0 1991 1990 14.1 14.4 11.7 9.7 8.8 7.4 4.3 1.6 0.7 -3.6 -2.6 -11.3 -23.4 1991
1991 10.8 9.2 8.3 9.5 10.5 12.6 16.3 1992 1991 14.8 15.1 12.6 10.9 10.3 9.1 6.5 4.5 4.2 1.3 3.4 -0.9 -2.6 23.8 1992 $93
$100 $100
1992 10.4 9.0 8.2 9.2 9.8 11.0 12.0 7.9 1993 $11 1992 14.8 15.1 12.8 11.3 10.7 9.7 7.5 5.8 5.7 3.5 5.7 2.9 3.0 19.4 15.1 1993
1993 10.7 9.4 8.8 9.7 10.4 11.4 12.2 10.2 12.5 1994 1993 14.8 15.1 13.0 11.6 11.1 10.2 8.2 6.8 6.8 5.1 7.2 5.2 5.9 18.0 15.1 15.1 1994
1994 9.3 8.0 7.3 7.9 8.1 8.4 8.3 5.8 4.7 -2.6 1995 $10 1994 14.1 14.3 12.3 10.9 10.4 9.5 7.7 6.4 6.4 4.8 6.5 4.8 5.2 13.9 10.8 8.7 2.7 1995 $10
1995 10.2 9.1 8.6 9.3 9.7 10.2 10.5 9.1 9.5 8.0 19.7 1996 1995 14.0 14.1 12.3 11.0 10.5 9.8 8.1 6.9 6.9 5.6 7.2 5.8 6.4 13.6 11.2 9.9 7.3 12.2 1996
1996 10.3 9.4 8.9 9.5 9.9 10.4 10.6 9.6 10.0 9.1 15.5 11.5 1997 $1 1996 15.1 15.3 13.6 12.5 12.1 11.5 10.1 9.1 9.4 8.4 10.2 9.3 10.3 17.2 15.9 16.1 16.4 24.0 37.1 1997 $1
1997 10.3 9.5 9.1 9.7 10.0 10.4 10.7 9.8 10.1 9.5 13.9 11.1 10.7 1998 1997 15.3 15.5 13.9 12.9 12.6 12.0 10.7 9.9 10.2 9.4 11.1 10.4 11.4 17.6 16.5 16.8 17.2 22.6 28.1 19.7 1998
1998 10.4 9.6 9.2 9.8 10.1 10.5 10.7 9.9 10.2 9.8 13.1 11.0 10.7 10.8 1999 $0 1998 13.5 13.6 12.0 11.0 10.6 10.0 8.6 7.7 7.8 6.9 8.2 7.3 7.8 12.5 11.0 10.3 9.4 11.2 10.8 -0.3 -17.0 1999 $0
1985 2018 1978 2018
1999 10.0 9.2 8.9 9.4 9.6 9.9 10.0 9.3 9.5 9.0 11.4 9.5 8.8 7.9 5.0 2000 1999 12.7 12.8 11.3 10.2 9.8 9.2 7.9 7.0 7.0 6.1 7.3 6.4 6.7 10.8 9.2 8.4 7.3 8.3 7.3 -1.1 -10.1 -2.6 2000
2000 10.0 9.3 8.9 9.4 9.6 9.9 10.0 9.3 9.5 9.1 11.1 9.5 9.0 8.5 7.3 9.7 2001 See Sources and Descriptions of Data. 2000 13.5 13.6 12.1 11.2 10.8 10.3 9.1 8.4 8.5 7.7 8.9 8.2 8.7 12.6 11.5 11.0 10.4 11.8 11.7 6.1 1.9 13.0 31.0 2001 See Sources and Descriptions of Data.
2001 9.9 9.2 8.9 9.3 9.5 9.7 9.8 9.2 9.3 8.9 10.7 9.3 8.8 8.3 7.6 8.8 8.0 2002 2001 13.4 13.5 12.1 11.2 10.9 10.4 9.3 8.6 8.7 8.0 9.2 8.5 9.0 12.6 11.5 11.2 10.7 11.9 11.8 7.3 4.5 12.8 21.3 12.3 2002
2002 9.9 9.2 9.0 9.3 9.5 9.8 9.8 9.3 9.4 9.1 10.6 9.4 9.0 8.7 8.2 9.2 9.0 10.0 2003 2002 13.0 13.1 11.7 10.9 10.5 10.0 9.0 8.3 8.4 7.7 8.8 8.2 8.6 11.8 10.8 10.4 9.9 10.8 10.6 6.7 4.3 10.4 15.1 7.9 3.6 2003
2003 9.5 8.9 8.6 8.9 9.1 9.3 9.3 8.7 8.8 8.4 9.7 8.5 8.1 7.7 7.1 7.6 7.0 6.4 3.0 2004 2003 13.8 13.9 12.7 11.9 11.6 11.2 10.2 9.6 9.8 9.2 10.3 9.9 10.4 13.5 12.7 12.5 12.2 13.4 13.5 10.5 9.0 15.1 20.0 16.6 18.8 36.2 2004
2004 9.3 8.7 8.4 8.7 8.8 9.0 9.0 8.5 8.5 8.2 9.3 8.2 7.8 7.4 6.8 7.2 6.6 6.1 4.2 5.4 2005 2004 14.5 14.6 13.4 12.7 12.5 12.1 11.2 10.7 10.9 10.5 11.5 11.2 11.8 14.8 14.2 14.1 14.0 15.2 15.5 13.1 12.2 18.0 22.6 20.5 23.4 34.7 33.2 2005
2005 9.1 8.5 8.2 8.5 8.6 8.7 8.7 8.2 8.2 7.8 8.8 7.8 7.4 7.0 6.5 6.7 6.1 5.7 4.3 4.9 4.4 2006 2005 14.5 14.6 13.4 12.7 12.5 12.2 11.3 10.8 11.1 10.6 11.7 11.3 11.9 14.8 14.1 14.1 14.0 15.1 15.4 13.2 12.4 17.4 21.1 19.2 20.9 27.3 23.1 13.8 2006
2006 8.8 8.3 8.0 8.3 8.4 8.5 8.4 7.9 7.9 7.6 8.5 7.5 7.1 6.7 6.2 6.4 5.9 5.5 4.4 4.8 4.5 4.6 2007 2006 15.1 15.3 14.2 13.5 13.4 13.1 12.3 11.9 12.1 11.8 12.8 12.6 13.2 16.0 15.5 15.5 15.5 16.7 17.1 15.3 14.8 19.5 23.1 21.8 23.8 29.4 27.3 24.4 36.0 2007
2007 8.9 8.3 8.1 8.3 8.4 8.5 8.5 8.0 8.0 7.7 8.5 7.6 7.3 7.0 6.5 6.7 6.3 6.0 5.3 5.9 6.0 6.8 9.0 2008 2007 13.9 14.0 12.9 12.2 12.0 11.6 10.9 10.4 10.6 10.2 11.1 10.7 11.2 13.7 13.1 12.9 12.8 13.6 13.7 11.8 11.1 14.7 17.1 15.2 15.7 18.3 14.2 8.5 5.9 -17.6 2008
2008 9.0 8.5 8.3 8.5 8.6 8.7 8.7 8.3 8.3 8.0 8.8 8.0 7.8 7.5 7.2 7.4 7.1 7.0 6.5 7.2 7.7 8.8 10.9 12.9 2009 2008 11.6 11.6 10.5 9.8 9.5 9.1 8.2 7.7 7.7 7.2 7.9 7.5 7.7 9.8 9.0 8.7 8.2 8.6 8.4 6.3 5.1 7.7 8.9 6.4 5.5 5.9 0.7 -6.1 -12.0 -29.2 -39.2 2009
2009 8.7 8.2 7.9 8.2 8.2 8.3 8.3 7.9 7.9 7.6 8.3 7.5 7.2 6.9 6.6 6.7 6.4 6.2 5.7 6.1 6.3 6.7 7.5 6.7 0.9 2010 2009 12.1 12.1 11.1 10.4 10.1 9.7 8.9 8.5 8.5 8.1 8.8 8.4 8.7 10.7 10.0 9.7 9.4 9.9 9.7 7.8 6.9 9.4 10.7 8.6 8.2 8.8 4.8 -0.1 -3.3 -13.6 -11.6 28.5 2010
2010 8.6 8.1 7.9 8.1 8.1 8.2 8.2 7.8 7.8 7.5 8.1 7.4 7.1 6.9 6.5 6.7 6.4 6.2 5.7 6.1 6.3 6.6 7.1 6.5 3.5 6.2 2011 2010 12.5 12.6 11.6 10.9 10.7 10.3 9.6 9.1 9.3 8.8 9.6 9.2 9.5 11.5 10.9 10.7 10.4 10.9 10.8 9.2 8.4 10.8 12.1 10.4 10.2 11.1 7.9 4.2 2.3 -4.7 0.0 28.3 28.1 2011
2011 8.6 8.1 7.9 8.1 8.2 8.2 8.2 7.8 7.8 7.5 8.2 7.5 7.2 7.0 6.7 6.8 6.6 6.4 6.1 6.4 6.6 7.0 7.4 7.0 5.2 7.4 8.6 2012 2011 12.4 12.5 11.5 10.9 10.6 10.3 9.6 9.2 9.3 8.9 9.6 9.2 9.5 11.4 10.8 10.6 10.4 10.8 10.7 9.2 8.5 10.7 11.9 10.3 10.1 10.9 8.1 4.9 3.5 -2.0 2.3 21.6 18.4 9.4 2012
2012 8.5 8.0 7.8 8.0 8.0 8.1 8.1 7.7 7.7 7.4 8.0 7.4 7.1 6.9 6.6 6.7 6.5 6.3 6.0 6.3 6.4 6.7 7.1 6.7 5.2 6.7 6.9 5.2 2013 2012 12.6 12.6 11.7 11.1 10.8 10.5 9.8 9.4 9.5 9.2 9.9 9.5 9.9 11.7 11.1 10.9 10.7 11.2 11.1 9.7 9.0 11.2 12.3 10.9 10.7 11.5 9.0 6.3 5.3 0.9 5.1 20.5 17.9 13.2 17.1 2013
2013 8.1 7.6 7.4 7.6 7.6 7.7 7.6 7.2 7.2 6.9 7.5 6.8 6.6 6.3 6.0 6.1 5.8 5.6 5.2 5.5 5.5 5.6 5.8 5.2 3.8 4.5 3.9 1.7 -1.8 2014 2013 12.2 12.3 11.3 10.7 10.5 10.2 9.5 9.1 9.2 8.9 9.5 9.2 9.5 11.2 10.7 10.4 10.2 10.6 10.5 9.1 8.5 10.5 11.5 10.1 9.9 10.5 8.2 5.8 4.8 1.0 4.4 16.4 13.5 9.0 8.9 1.2 2014
2014 8.0 7.6 7.4 7.6 7.6 7.6 7.6 7.2 7.2 6.9 7.4 6.8 6.6 6.3 6.1 6.1 5.9 5.7 5.4 5.6 5.6 5.7 5.9 5.4 4.2 4.9 4.6 3.3 2.4 6.7 2015 2014 12.7 12.8 11.9 11.3 11.1 10.8 10.2 9.8 9.9 9.6 10.3 10.0 10.3 12.0 11.5 11.3 11.2 11.6 11.6 10.3 9.8 11.7 12.7 11.5 11.5 12.2 10.2 8.1 7.5 4.4 8.0 18.8 17.0 14.4 16.1 15.6 32.0 2015
2015 7.8 7.4 7.2 7.3 7.4 7.4 7.3 7.0 6.9 6.7 7.2 6.6 6.3 6.1 5.8 5.8 5.6 5.4 5.1 5.3 5.2 5.3 5.4 5.0 3.9 4.4 4.0 2.9 2.2 4.2 1.8 2016 2015 12.5 12.5 11.7 11.1 10.9 10.6 10.0 9.7 9.8 9.4 10.1 9.8 10.1 11.7 11.2 11.0 10.8 11.3 11.2 10.0 9.5 11.3 12.2 11.0 11.0 11.5 9.7 7.8 7.2 4.4 7.5 16.7 14.8 12.3 13.1 11.8 17.4 4.5 2016
2016 7.7 7.2 7.0 7.2 7.2 7.2 7.1 6.8 6.7 6.5 6.9 6.4 6.1 5.9 5.6 5.6 5.4 5.2 4.9 5.0 5.0 5.0 5.1 4.7 3.7 4.1 3.7 2.8 2.2 3.6 2.0 2.2 2017 2016 12.4 12.4 11.5 11.0 10.8 10.5 9.9 9.6 9.7 9.3 9.9 9.7 9.9 11.5 11.0 10.8 10.7 11.0 11.0 9.8 9.3 11.0 11.9 10.8 10.7 11.2 9.5 7.7 7.2 4.6 7.4 15.4 13.6 11.4 11.8 10.5 13.7 5.6 6.7 2017
2017 7.5 7.1 6.9 7.0 7.0 7.0 7.0 6.6 6.6 6.3 6.7 6.2 5.9 5.7 5.4 5.5 5.2 5.0 4.7 4.8 4.8 4.8 4.9 4.4 3.6 3.9 3.6 2.8 2.3 3.3 2.2 2.4 2.6 2018 2017 12.1 12.2 11.3 10.8 10.6 10.3 9.7 9.4 9.5 9.2 9.7 9.5 9.7 11.2 10.7 10.6 10.4 10.7 10.6 9.5 9.0 10.6 11.4 10.3 10.2 10.7 9.1 7.4 6.9 4.6 7.1 14.0 12.3 10.2 10.4 9.1 11.2 5.0 5.2 3.8 2018
2018 7.4 7.0 6.8 6.9 6.9 6.9 6.8 6.5 6.4 6.2 6.6 6.0 5.8 5.6 5.3 5.3 5.1 4.9 4.6 4.7 4.7 4.7 4.7 4.3 3.5 3.8 3.5 2.7 2.3 3.2 2.3 2.5 2.6 2.7 2018 11.7 11.7 10.9 10.4 10.2 9.9 9.3 9.0 9.0 8.7 9.2 9.0 9.2 10.6 10.1 9.9 9.7 10.0 10.0 8.9 8.4 9.8 10.5 9.5 9.3 9.7 8.1 6.5 6.0 3.8 6.0 12.0 10.4 8.3 8.2 6.8 7.9 2.6 2.0 -0.3 -4.2
1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
S&P Global ex US REIT Index Bloomberg Commodity Total Return Index
1990–2018: Total Returns (%) 1992 1992–2018: Total Returns (%)
1992 3.7 1993
1993 1.3 -1.1 1994
1994 6.2 7.4 16.6 1995
1990 Growth of $1
Growth of $1 1995 8.4 9.9 15.9 15.2 1996
1990 -11.3 1991 $100,000 $100,000
1996 11.2 13.1 18.3 19.1 23.2 1997
1991 -3.8 4.4 1992
1997 8.6 9.6 12.4 11.1 9.1 -3.4 1998
1992 -7.3 -5.2 -13.9 1993 $10,000 $10,000
1998 2.6 2.4 3.1 0.0 -4.6 -16.0 -27.0 1999
1993 1.3 5.9 6.6 32.0 1994
1999 5.1 5.3 6.4 4.5 1.9 -4.3 -4.7 24.3 2000
1994 -0.1 2.9 2.4 11.7 -5.6 1995 $1,000 $1,000
2000 7.8 8.3 9.7 8.6 7.3 3.7 6.2 28.0 31.8 2001
1995 1.0 3.7 3.5 10.1 0.5 7.0 1996
2001 4.7 4.8 5.5 4.0 2.3 -1.4 -0.9 9.7 3.0 -19.5 2002
1996 3.3 5.9 6.2 11.9 5.9 12.2 17.6 1997 $100
$100 2002 6.4 6.7 7.6 6.6 5.4 2.7 3.9 13.5 10.1 0.7 25.9 2003
1997 3.0 5.2 5.3 9.6 4.7 8.3 9.0 1.0 1998
$6.42 2003 7.8 8.2 9.2 8.4 7.5 5.5 7.0 15.5 13.4 7.9 24.9 23.9 2004
1998 3.3 5.3 5.5 9.1 5.0 7.8 8.1 3.7 6.4 1999 $10
$10 2004 7.9 8.3 9.2 8.4 7.7 5.9 7.3 14.4 12.6 8.2 19.4 16.3 9.1 2005 $1.69
1999 2.5 4.1 4.1 7.0 3.3 5.1 4.7 0.7 0.5 -5.0 2000
2005 8.8 9.2 10.1 9.6 9.0 7.5 9.0 15.4 14.0 10.7 19.9 18.0 15.1 21.4 2006
2000 2.5 4.0 3.9 6.4 3.1 4.7 4.2 1.1 1.1 -1.4 2.4 2001 $1
$1 2006 8.4 8.7 9.5 8.9 8.4 7.0 8.2 13.7 12.2 9.2 16.1 13.8 10.6 11.3 2.1 2007
2001 2.8 4.1 4.1 6.3 3.5 4.9 4.5 2.1 2.4 1.0 4.2 6.1 2002
2007 8.8 9.2 10.0 9.5 9.0 7.8 9.0 13.9 12.7 10.2 16.1 14.3 12.0 12.9 8.9 16.2 2008
2002 4.3 5.7 5.9 8.1 5.7 7.2 7.2 5.6 6.5 6.5 10.7 15.1 24.8 2003 $0
$0 2008 5.5 5.6 6.1 5.4 4.7 3.3 3.9 7.6 5.9 3.0 6.7 3.8 0.2 -1.9 -8.6 -13.5 -35.6 2009
2003 6.9 8.4 8.8 11.1 9.2 11.0 11.5 10.6 12.3 13.5 18.7 24.7 35.2 46.4 2004 1992 2018
1990 2018 2009 6.2 6.4 6.9 6.2 5.6 4.4 5.1 8.6 7.1 4.7 8.2 5.9 3.1 2.0 -2.4 -3.8 -12.5 18.9 2010
2004 8.8 10.4 10.8 13.2 11.6 13.5 14.3 13.8 15.8 17.5 22.6 28.2 36.5 42.8 39.3 2005
2010 6.8 6.9 7.4 6.9 6.3 5.2 5.9 9.3 8.0 5.8 9.1 7.2 5.0 4.3 1.2 1.0 -3.7 17.9 16.8 2011 See Sources and Descriptions of Data.
2005 8.6 10.1 10.5 12.7 11.2 12.9 13.5 13.0 14.6 15.8 19.7 23.5 28.3 29.5 21.8 6.5 2006 See Sources and Descriptions of Data.
2011 5.6 5.8 6.1 5.6 5.0 3.9 4.4 7.3 6.0 3.9 6.6 4.7 2.5 1.6 -1.4 -2.1 -6.2 6.4 0.6 -13.3 2012
2006 10.4 11.9 12.5 14.6 13.4 15.1 15.9 15.7 17.5 19.0 22.9 26.7 31.2 32.9 28.7 23.6 43.6 2007
2012 5.3 5.4 5.8 5.2 4.6 3.6 4.0 6.7 5.5 3.5 5.9 4.1 2.1 1.2 -1.3 -1.9 -5.2 4.5 0.1 -7.4 -1.1 2013
2007 9.5 10.9 11.3 13.2 12.0 13.4 14.0 13.7 15.0 16.0 18.9 21.5 24.3 24.2 19.2 13.2 16.6 -5.2 2008
2013 4.6 4.6 4.9 4.3 3.8 2.7 3.1 5.5 4.3 2.4 4.5 2.8 0.9 0.0 -2.4 -3.0 -5.9 1.5 -2.4 -8.1 -5.4 -9.5 2014
2008 4.9 5.9 6.0 7.3 5.9 6.7 6.7 5.9 6.3 6.3 7.6 8.3 8.6 6.2 -0.5 -8.5 -13.0 -32.2 -51.6 2009
2014 3.5 3.5 3.8 3.2 2.6 1.5 1.8 4.0 2.7 0.9 2.7 1.0 -0.9 -1.9 -4.1 -4.9 -7.6 -1.8 -5.5 -10.4 -9.4 -13.3 -17.0 2015
2009 6.4 7.4 7.6 9.0 7.7 8.7 8.8 8.1 8.8 9.0 10.5 11.4 12.1 10.4 5.3 -0.4 -2.0 -13.7 -17.7 39.8 2010
2015 2.2 2.1 2.3 1.6 1.0 -0.1 0.1 2.0 0.8 -1.0 0.4 -1.3 -3.1 -4.2 -6.4 -7.3 -9.9 -5.5 -9.0 -13.5 -13.5 -17.3 -20.9 -24.7 2016
2010 6.9 7.9 8.1 9.5 8.3 9.2 9.4 8.8 9.5 9.7 11.2 12.1 12.8 11.3 7.1 2.5 1.7 -6.7 -7.2 28.5 18.1 2011
2016 2.6 2.5 2.7 2.1 1.5 0.5 0.7 2.5 1.4 -0.3 1.2 -0.4 -2.1 -3.0 -4.9 -5.6 -7.7 -3.5 -6.3 -9.7 -9.0 -10.8 -11.3 -8.2 11.8 2017
2011 6.2 7.1 7.3 8.5 7.4 8.2 8.2 7.6 8.1 8.3 9.5 10.1 10.5 9.1 5.1 1.0 0.1 -6.9 -7.3 15.1 4.4 -7.7 2012
2017 2.5 2.5 2.6 2.1 1.5 0.6 0.8 2.5 1.4 -0.2 1.2 -0.3 -1.8 -2.6 -4.4 -4.9 -6.8 -2.9 -5.3 -8.1 -7.3 -8.5 -8.2 -5.0 6.6 1.7 2018
2012 7.3 8.2 8.4 9.7 8.6 9.4 9.6 9.1 9.7 9.9 11.1 11.9 12.4 11.3 7.9 4.5 4.3 -1.1 -0.3 19.4 13.3 11.0 33.4 2013
2018 2.0 1.9 2.0 1.5 0.9 0.0 0.2 1.8 0.7 -0.8 0.4 -1.0 -2.5 -3.2 -4.9 -5.5 -7.2 -3.8 -6.0 -8.5 -7.8 -8.9 -8.8 -6.6 0.3 -5.0 -11.2
2013 7.1 8.0 8.2 9.3 8.3 9.1 9.2 8.7 9.3 9.4 10.6 11.2 11.7 10.5 7.5 4.4 4.1 -0.5 0.3 16.0 10.7 8.4 17.4 3.3 2014 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
2014 7.3 8.2 8.3 9.5 8.5 9.2 9.4 8.9 9.4 9.6 10.6 11.3 11.7 10.6 7.9 5.1 5.0 1.0 1.9 15.3 10.9 9.2 15.5 7.5 11.9 2015
2015 6.9 7.7 7.8 8.9 7.9 8.6 8.7 8.3 8.7 8.8 9.8 10.3 10.6 9.5 6.9 4.4 4.2 0.5 1.3 12.5 8.5 6.7 10.7 4.0 4.3 -2.8 2016
2016 6.8 7.6 7.7 8.7 7.8 8.4 8.5 8.1 8.4 8.5 9.4 9.9 10.1 9.1 6.7 4.4 4.2 0.9 1.6 11.4 7.9 6.3 9.3 4.0 4.2 0.6 4.0 2017
2017 7.1 7.9 8.0 9.0 8.1 8.8 8.9 8.4 8.8 9.0 9.8 10.3 10.5 9.6 7.4 5.3 5.2 2.2 3.0 12.0 8.9 7.7 10.5 6.4 7.2 5.7 10.2 16.7 2018
2018 6.6 7.3 7.4 8.4 7.5 8.1 8.1 7.7 8.1 8.1 8.9 9.2 9.4 8.5 6.4 4.4 4.2 1.5 2.1 10.0 7.1 5.8 7.9 4.1 4.3 2.5 4.3 4.5 -6.5
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
1998
1998
3.9 1999
Bloomberg Barclays US TIPS Index
1999 3.2 2.4 2000 1998–2018: Total Returns (%)
2000 6.4 7.7 13.2 2001
2001 6.8 7.7 10.5 7.9 2002
2002 8.7 9.9 12.5 12.1 16.6 2003
2003 8.6 9.6 11.5 10.9 12.4 8.4 2004 Growth of $1
$100,000
2004 8.6 9.4 10.8 10.3 11.1 8.4 8.5 2005
2005 7.9 8.4 9.5 8.7 9.0 6.5 5.6 2.8 2006
$10,000
2006 7.0 7.4 8.1 7.3 7.2 5.0 3.9 1.7 0.5 2007
2007 7.5 7.9 8.6 7.9 7.9 6.3 5.8 4.9 5.9 11.6 2008
2008 6.5 6.8 7.3 6.6 6.4 4.8 4.1 3.0 3.1 4.4 -2.4 2009 $1,000
1980 2009 6.9 7.2 7.7 7.1 7.0 5.7 5.3 4.6 5.1 6.7 4.3 11.4 2010
2010 6.9 7.1 7.6 7.0 6.9 5.8 5.4 4.9 5.3 6.6 5.0 8.8 6.3 2011 $100
1980 -8.9 1981
1981
1982
-9.6 -10.2
4.9 12.6
1982
41.3 1983
Bloomberg Barclays Municipal Bond Index 2011
2012
7.3 7.6 8.1 7.6 7.6 6.6 6.4 6.1 6.7 8.0 7.1 10.4 9.9
7.3 7.6 8.0 7.6 7.5 6.7 6.5 6.2 6.7 7.8 7.0 9.5 8.9
13.6 2012
10.2 7.0 2013 $10 $2.87
2013 6.3 6.4 6.7 6.2 6.1 5.2 4.9 4.5 4.7 5.3 4.3 5.6 4.2 3.5 -1.1 -8.6 2014
1983 5.7 11.1 23.6 8.1 1984 1980–2018: Total Returns (%) $1
1984 6.6 10.9 19.0 9.3 10.5 1985 2014 6.1 6.2 6.5 6.0 5.9 5.0 4.7 4.4 4.6 5.1 4.2 5.3 4.1 3.6 0.4 -2.7 3.6 2015
1985 8.8 12.7 19.3 12.8 15.2 20.0 1986 2015 5.7 5.8 6.0 5.5 5.3 4.5 4.2 3.8 3.9 4.3 3.4 4.3 3.2 2.5 0.0 -2.3 1.1 -1.4 2016
2016 5.6 5.7 5.9 5.5 5.3 4.5 4.3 3.9 4.0 4.4 3.6 4.4 3.4 2.9 0.9 -0.6 2.3 1.6 4.7 2017 $0
1986 10.2 13.8 19.3 14.4 16.5 19.7 19.3 1987 1998 2018
1987 9.1 11.9 16.1 11.7 12.6 13.3 10.0 1.5 1988 Growth of $1 2017 5.5 5.6 5.7 5.3 5.2 4.4 4.2 3.8 3.9 4.2 3.5 4.2 3.3 2.9 1.2 0.1 2.4 2.1 3.8 3.0 2018
1988 9.2 11.7 15.3 11.4 12.1 12.5 10.1 5.7 10.2 1989
$100,000 2018 5.1 5.2 5.4 4.9 4.8 4.1 3.8 3.5 3.5 3.8 3.1 3.6 2.8 2.4 0.9 -0.1 1.7 1.2 2.1 0.8 -1.3 See Sources and Descriptions of Data.
1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
1989 9.4 11.6 14.7 11.3 11.9 12.1 10.3 7.4 10.5 10.8 1990
1990 9.2 11.2 13.8 10.8 11.2 11.3 9.7 7.4 9.4 9.0 7.3 1991 $10,000
1991 9.4 11.3 13.7 11.0 11.3 11.4 10.1 8.3 10.1 10.1 9.7 12.1 1992
1992 9.4 11.1 13.2 10.7 11.0 11.1 9.9 8.4 9.8 9.7 9.4 10.5 8.8 1993 $1,000
1993 9.7 11.3 13.3 11.1 11.4 11.5 10.5 9.3 10.6 10.7 10.7 11.9 11.7 14.7 1994
1994 8.7 10.1 11.8 9.6 9.8 9.7 8.6 7.3 8.2 7.9 7.3 7.3 5.8 4.3 -5.2 1995 $100
$12
1995 9.2 10.5 12.2 10.2 10.4 10.4 9.5 8.4 9.3 9.2 8.9 9.3 8.6 8.5 5.5 17.4 1996
1996 8.9 10.1 11.7 9.8 9.9 9.9 9.0 8.0 8.8 8.6 8.3 8.5 7.7 7.5 5.2 10.7 4.4 1997 $10
1997 8.9 10.1 11.5 9.8 9.9 9.8 9.0 8.1 8.8 8.7 8.4 8.6 8.0 7.8 6.2 10.2 6.8 9.2 1998 1998
1998 8.8 9.9 11.2 9.5 9.6 9.6 8.8 8.0 8.6 8.4 8.2 8.3 7.8 7.6 6.2 9.3 6.7 7.8 6.5 1999 $1 1998 2.3 1999 Bloomberg Barclays US TIPS Index
1999 8.2 9.2 10.4 8.8 8.9 8.8 8.0 7.2 7.7 7.4 7.1 7.1 6.5 6.1 4.8 6.9 4.4 4.4 2.1 -2.1 2000 1999 1.0 -0.3 2000
2000 8.4 9.3 10.5 9.0 9.0 8.9 8.2 7.5 8.0 7.8 7.5 7.5 7.0 6.8 5.7 7.7 5.8 6.2 5.2 4.6 11.7 2001 $0 2000 3.7 4.5 9.5 2001
1998–2018: Real Returns (%) (Inflation Adjusted)
2001 8.2 9.1 10.2 8.8 8.8 8.7 8.0 7.3 7.8 7.6 7.3 7.3 6.9 6.6 5.7 7.3 5.7 6.0 5.2 4.8 8.4 5.1 2002 1980 2018 2001 4.4 5.1 7.8 6.2 2002
2002 8.3 9.2 10.2 8.8 8.9 8.8 8.1 7.5 7.9 7.7 7.5 7.5 7.1 6.9 6.1 7.6 6.3 6.6 6.1 6.0 8.8 7.3 9.6 2003 2002 6.2 7.2 9.8 10.0 13.9 2003
2003 8.2 9.0 10.0 8.7 8.7 8.6 8.0 7.3 7.7 7.6 7.3 7.3 7.0 6.8 6.0 7.3 6.2 6.4 5.9 5.8 7.9 6.7 7.4 5.3 2004 2003 6.2 7.0 9.0 8.8 10.1 6.4 2004 Growth of $1
2004 8.0 8.8 9.7 8.5 8.5 8.4 7.8 7.2 7.5 7.4 7.1 7.1 6.8 6.6 5.9 7.1 6.0 6.2 5.7 5.6 7.2 6.1 6.4 4.9 4.5 2005 2004 6.1 6.7 8.2 7.8 8.4 5.7 5.0 2005 $100,000
2005 7.8 8.6 9.4 8.2 8.2 8.1 7.6 7.0 7.3 7.1 6.9 6.9 6.5 6.3 5.7 6.7 5.7 5.9 5.4 5.3 6.6 5.6 5.7 4.4 4.0 3.5 2006 2005 5.2 5.6 6.7 6.1 6.1 3.6 2.2 -0.6 2006
2006 7.7 8.4 9.3 8.1 8.1 8.0 7.4 6.9 7.2 7.0 6.8 6.8 6.4 6.2 5.6 6.6 5.6 5.8 5.4 5.2 6.3 5.5 5.5 4.5 4.3 4.2 4.8 2007 2006 4.4 4.6 5.4 4.7 4.4 2.2 0.8 -1.3 -2.0 2007 $10,000
2007 7.6 8.2 9.0 7.9 7.9 7.8 7.3 6.7 7.0 6.8 6.6 6.6 6.2 6.0 5.5 6.3 5.4 5.5 5.2 5.0 6.0 5.2 5.2 4.3 4.0 3.9 4.1 3.4 2008 2007 4.7 4.9 5.6 5.1 4.9 3.2 2.4 1.5 2.5 7.3 2008
2008 7.2 7.8 8.6 7.5 7.5 7.3 6.8 6.3 6.5 6.3 6.1 6.0 5.7 5.5 4.9 5.7 4.8 4.8 4.5 4.3 5.0 4.2 4.0 3.1 2.7 2.3 1.9 0.4 -2.5 2009 2008 4.0 4.2 4.7 4.1 3.8 2.2 1.4 0.5 0.8 2.3 -2.4 2009 $1,000
2009 7.4 8.0 8.7 7.7 7.7 7.6 7.1 6.6 6.8 6.6 6.4 6.4 6.1 5.9 5.4 6.1 5.4 5.4 5.1 5.0 5.8 5.1 5.1 4.5 4.3 4.3 4.5 4.4 4.9 12.9 2010 2009 4.4 4.6 5.1 4.6 4.4 3.1 2.5 2.0 2.7 4.3 2.9 8.5 2010
2010 7.2 7.8 8.5 7.5 7.5 7.3 6.9 6.4 6.6 6.4 6.2 6.2 5.9 5.7 5.2 5.9 5.2 5.2 4.9 4.8 5.4 4.8 4.8 4.2 4.1 4.0 4.1 3.9 4.1 7.5 2.4 2011 2010 4.4 4.6 5.0 4.6 4.4 3.3 2.8 2.5 3.1 4.4 3.5 6.6 4.7 2011 $100
2011 7.3 7.9 8.6 7.6 7.6 7.5 7.0 6.5 6.8 6.6 6.4 6.4 6.1 6.0 5.5 6.2 5.5 5.6 5.3 5.2 5.9 5.4 5.4 4.9 4.9 4.9 5.2 5.2 5.7 8.6 6.5 10.7 2012 2011 4.8 5.0 5.5 5.1 5.0 4.0 3.7 3.6 4.3 5.6 5.1 7.8 7.5 10.3 2012
2012 7.3 7.9 8.5 7.6 7.5 7.4 7.0 6.6 6.8 6.6 6.4 6.4 6.1 6.0 5.6 6.2 5.6 5.7 5.4 5.3 5.9 5.5 5.5 5.1 5.1 5.2 5.4 5.5 5.9 8.1 6.6 8.7 6.8 2013 2012 4.8 5.0 5.4 5.1 5.0 4.1 3.9 3.8 4.4 5.5 5.1 7.1 6.7 7.7 5.1 2013 $10 $1.84
2013 7.0 7.5 8.2 7.2 7.2 7.1 6.6 6.2 6.4 6.2 6.1 6.0 5.7 5.6 5.2 5.7 5.1 5.2 4.9 4.8 5.3 4.8 4.8 4.4 4.3 4.3 4.4 4.3 4.5 5.9 4.2 4.8 2.0 -2.6 2014 2013 3.8 3.9 4.2 3.9 3.7 2.8 2.4 2.1 2.5 3.1 2.5 3.5 2.3 1.5 -2.7 -10.0 2014
2014 7.1 7.6 8.2 7.3 7.3 7.1 6.7 6.3 6.5 6.3 6.2 6.1 5.9 5.7 5.3 5.9 5.3 5.4 5.1 5.1 5.6 5.1 5.1 4.8 4.7 4.7 4.9 4.9 5.1 6.4 5.2 5.9 4.3 3.1 9.1 2015 2014 3.8 3.9 4.2 3.8 3.6 2.8 2.5 2.2 2.5 3.1 2.5 3.4 2.4 1.8 -0.9 -3.8 2.9 2015 $1
2015 7.0 7.5 8.0 7.2 7.1 7.0 6.6 6.2 6.4 6.2 6.1 6.0 5.8 5.6 5.2 5.8 5.2 5.3 5.0 5.0 5.4 5.0 5.0 4.7 4.6 4.6 4.7 4.7 4.9 6.0 4.8 5.3 4.1 3.2 6.1 3.3 2016 2015 3.4 3.5 3.7 3.4 3.2 2.4 2.1 1.8 2.0 2.5 1.9 2.6 1.6 1.0 -1.2 -3.2 0.3 -2.2 2016
2016 6.8 7.3 7.8 6.9 6.9 6.8 6.4 6.0 6.2 6.0 5.8 5.8 5.5 5.4 5.0 5.5 5.0 5.0 4.8 4.7 5.1 4.7 4.7 4.3 4.3 4.2 4.3 4.2 4.3 5.2 4.2 4.5 3.3 2.4 4.1 1.8 0.2 2017 2016 3.4 3.5 3.7 3.3 3.1 2.4 2.1 1.9 2.1 2.5 2.0 2.6 1.7 1.3 -0.5 -1.8 1.1 0.2 2.6 2017
$0
2017 6.7 7.2 7.7 6.9 6.9 6.8 6.4 6.0 6.1 6.0 5.8 5.8 5.5 5.4 5.0 5.5 5.0 5.0 4.8 4.7 5.1 4.7 4.7 4.4 4.3 4.3 4.4 4.4 4.5 5.3 4.3 4.6 3.6 3.0 4.5 3.0 2.8 5.4 2018 2017 3.3 3.3 3.5 3.2 3.0 2.3 2.0 1.8 2.0 2.4 1.9 2.4 1.6 1.2 -0.2 -1.3 1.0 0.4 1.7 0.9 2018 1998 2018
2018 6.6 7.0 7.6 6.7 6.7 6.6 6.2 5.8 6.0 5.8 5.7 5.6 5.4 5.2 4.9 5.3 4.8 4.8 4.6 4.6 4.9 4.5 4.5 4.2 4.1 4.1 4.2 4.1 4.2 4.9 4.0 4.2 3.3 2.7 3.8 2.6 2.3 3.3 1.3 2018 3.0 3.0 3.2 2.8 2.6 2.0 1.7 1.4 1.6 1.9 1.4 1.8 1.1 0.7 -0.7 -1.6 0.2 -0.5 0.1 -1.1 -3.1
1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 See Sources and Descriptions of Data.
1926
1926 -1.1 1927
1927 -1.7 -2.3 1928
1928
1929
-1.5
-1.0
-1.7
-1.0
-1.2
-0.3
1929
0.6 1930
Inflation: US Consumer Price Index
1930 -2.1 -2.3 -2.4 -3.0 -6.4 1931 1926–2018: Total Returns (%)
1931 -3.3 -3.8 -4.2 -5.1 -7.9 -9.3 1932
1932 -4.4 -4.9 -5.4 -6.4 -8.7 -9.8 -10.3 1933
1933 -3.7 -4.1 -4.4 -5.0 -6.4 -6.4 -4.9 0.8 1934
1934 -3.2 -3.4 -3.6 -4.0 -4.9 -4.5 -2.8 1.1 1.5 1935 Growth of $1
$100,000
1935 -2.6 -2.7 -2.8 -3.0 -3.6 -3.0 -1.4 1.8 2.2 3.0 1936
1936 -2.2 -2.3 -2.3 -2.5 -2.9 -2.3 -0.8 1.7 2.0 2.2 1.4 1937
$10,000
1937 -1.8 -1.9 -1.8 -1.9 -2.2 -1.6 -0.2 1.9 2.2 2.4 2.2 2.9 1938
1938 -1.9 -1.9 -1.9 -2.0 -2.3 -1.7 -0.6 1.1 1.2 1.1 0.5 0.0 -2.8 1939
1939 -1.7 -1.8 -1.7 -1.8 -2.0 -1.5 -0.5 1.0 1.0 0.9 0.4 0.0 -1.4 0.0 1940 $1,000
1940 -1.6 -1.6 -1.6 -1.6 -1.8 -1.3 -0.4 0.9 0.9 0.9 0.4 0.2 -0.7 0.4 0.7 1941
1941 -0.9 -0.9 -0.8 -0.8 -0.9 -0.3 0.6 1.9 2.0 2.1 2.0 2.1 1.9 3.5 5.2 9.9 1942 $100
$14
1942 -0.3 -0.3 -0.2 -0.1 -0.1 0.4 1.3 2.6 2.8 2.9 2.9 3.2 3.3 4.8 6.5 9.5 9.0 1943
1943 -0.2 -0.1 0.0 0.1 0.1 0.6 1.5 2.6 2.8 2.9 2.9 3.2 3.2 4.4 5.6 7.3 6.0 3.0 1944 $10
1944 0.0 0.0 0.2 0.3 0.2 0.7 1.5 2.6 2.8 2.9 2.9 3.0 3.1 4.1 4.9 6.0 4.7 2.6 2.3 1945
1945 0.1 0.1 0.3 0.4 0.4 0.8 1.6 2.6 2.7 2.8 2.8 3.0 3.0 3.8 4.5 5.2 4.1 2.5 2.3 2.2 1946 $1
1946 0.9 1.0 1.2 1.3 1.3 1.8 2.6 3.6 3.8 4.0 4.1 4.4 4.6 5.5 6.3 7.3 6.8 6.2 7.3 9.9 18.1 1947
1947 1.2 1.3 1.5 1.7 1.7 2.2 3.0 3.9 4.2 4.4 4.5 4.8 5.0 5.9 6.6 7.5 7.1 6.7 7.7 9.5 13.4 8.8 1948 $0
1948 1.3 1.4 1.6 1.7 1.8 2.3 3.0 3.9 4.1 4.3 4.4 4.6 4.8 5.6 6.2 6.9 6.5 6.1 6.7 7.9 9.8 5.9 3.0 1949 1926 2018
1949 1.2 1.3 1.4 1.5 1.6 2.0 2.7 3.5 3.7 3.8 3.9 4.1 4.2 4.9 5.4 5.9 5.4 4.9 5.2 5.8 6.7 3.2 0.4 -2.1 1950 See Sources and Descriptions of Data.
1950 1.3 1.4 1.6 1.7 1.8 2.2 2.9 3.7 3.8 4.0 4.0 4.2 4.3 5.0 5.4 5.9 5.5 5.0 5.3 5.8 6.6 3.8 2.2 1.9 5.9 1951
1951 1.5 1.6 1.8 1.9 2.0 2.4 3.0 3.8 3.9 4.1 4.2 4.3 4.5 5.0 5.5 5.9 5.5 5.1 5.4 5.8 6.5 4.3 3.2 3.2 6.0 6.0 1952
1952 1.5 1.6 1.8 1.9 1.9 2.3 2.9 3.6 3.8 3.9 4.0 4.1 4.2 4.7 5.1 5.5 5.1 4.7 4.9 5.2 5.6 3.7 2.7 2.6 4.2 3.3 0.8 1953
1953 1.5 1.6 1.7 1.8 1.9 2.3 2.8 3.5 3.6 3.7 3.8 3.9 4.0 4.4 4.8 5.1 4.7 4.3 4.5 4.7 5.0 3.3 2.4 2.2 3.3 2.5 0.8 0.7 1954
1954 1.4 1.5 1.6 1.7 1.8 2.1 2.7 3.3 3.4 3.5 3.5 3.7 3.7 4.1 4.4 4.7 4.3 3.9 4.0 4.1 4.4 2.7 1.9 1.7 2.5 1.7 0.3 0.0 -0.7 1955
1955 1.4 1.4 1.6 1.7 1.7 2.1 2.6 3.2 3.3 3.4 3.4 3.5 3.5 3.9 4.1 4.4 4.0 3.6 3.7 3.8 3.9 2.5 1.7 1.5 2.1 1.4 0.3 0.1 -0.2 0.4 1956
1956 1.4 1.5 1.6 1.7 1.8 2.1 2.6 3.2 3.3 3.3 3.4 3.5 3.5 3.8 4.1 4.3 3.9 3.6 3.6 3.7 3.9 2.5 1.9 1.7 2.3 1.7 0.8 0.8 0.9 1.7 3.0 1957
1957 1.5 1.5 1.7 1.8 1.8 2.1 2.6 3.1 3.2 3.3 3.3 3.4 3.5 3.8 4.0 4.2 3.9 3.5 3.6 3.7 3.8 2.6 2.0 1.8 2.3 1.8 1.2 1.2 1.4 2.1 2.9 2.9 1958
1958 1.5 1.5 1.7 1.8 1.8 2.1 2.6 3.1 3.2 3.3 3.3 3.3 3.4 3.7 3.9 4.1 3.7 3.4 3.4 3.5 3.6 2.5 1.9 1.8 2.3 1.8 1.2 1.3 1.4 2.0 2.5 2.3 1.8 1959
1959 1.5 1.5 1.7 1.8 1.8 2.1 2.5 3.0 3.1 3.2 3.2 3.3 3.3 3.6 3.8 3.9 3.6 3.3 3.3 3.4 3.5 2.4 1.9 1.8 2.2 1.8 1.3 1.4 1.5 1.9 2.3 2.1 1.7 1.7 1960
1960 1.5 1.5 1.7 1.8 1.8 2.1 2.5 3.0 3.1 3.1 3.1 3.2 3.2 3.5 3.7 3.8 3.5 3.2 3.2 3.3 3.3 2.4 1.9 1.8 2.1 1.8 1.3 1.4 1.5 1.8 2.1 1.9 1.6 1.5 1.4 1961
1961 1.4 1.5 1.6 1.7 1.8 2.0 2.4 2.9 3.0 3.0 3.0 3.1 3.1 3.4 3.5 3.7 3.4 3.1 3.1 3.1 3.2 2.2 1.8 1.7 2.0 1.7 1.2 1.3 1.4 1.7 1.9 1.7 1.4 1.3 1.0 0.7 1962
1962 1.4 1.5 1.6 1.7 1.7 2.0 2.4 2.8 2.9 3.0 3.0 3.0 3.0 3.3 3.4 3.6 3.3 3.0 3.0 3.0 3.1 2.2 1.8 1.7 2.0 1.6 1.3 1.3 1.4 1.6 1.8 1.6 1.4 1.3 1.1 1.0 1.3 1963
1963 1.4 1.5 1.6 1.7 1.7 2.0 2.4 2.8 2.9 2.9 2.9 3.0 3.0 3.2 3.4 3.5 3.2 2.9 2.9 2.9 3.0 2.2 1.8 1.7 1.9 1.6 1.3 1.3 1.4 1.6 1.8 1.6 1.4 1.3 1.3 1.2 1.5 1.6 1964
1964 1.4 1.5 1.6 1.7 1.7 2.0 2.3 2.7 2.8 2.9 2.9 2.9 2.9 3.1 3.3 3.4 3.1 2.8 2.8 2.8 2.9 2.1 1.7 1.6 1.9 1.6 1.3 1.3 1.4 1.6 1.7 1.5 1.4 1.3 1.2 1.2 1.3 1.3 1.0 1965
1965 1.4 1.5 1.6 1.7 1.7 2.0 2.3 2.7 2.8 2.8 2.8 2.9 2.9 3.1 3.2 3.3 3.0 2.8 2.8 2.8 2.8 2.1 1.7 1.6 1.9 1.6 1.3 1.4 1.4 1.6 1.7 1.6 1.4 1.4 1.3 1.3 1.5 1.5 1.4 1.9 1966
1966 1.5 1.6 1.7 1.7 1.8 2.0 2.3 2.7 2.8 2.8 2.8 2.9 2.9 3.1 3.2 3.3 3.1 2.8 2.8 2.8 2.9 2.1 1.8 1.7 2.0 1.7 1.5 1.5 1.6 1.8 1.9 1.8 1.6 1.6 1.6 1.7 1.9 2.0 2.1 2.7 3.5 1967
1967 1.5 1.6 1.7 1.8 1.8 2.0 2.4 2.8 2.8 2.9 2.8 2.9 2.9 3.1 3.2 3.3 3.1 2.8 2.8 2.8 2.9 2.2 1.9 1.8 2.0 1.8 1.6 1.6 1.7 1.9 2.0 1.9 1.8 1.8 1.8 1.9 2.1 2.2 2.3 2.8 3.2 3.0 1968
1968 1.6 1.7 1.8 1.8 1.9 2.1 2.4 2.8 2.9 2.9 2.9 3.0 3.0 3.2 3.3 3.4 3.1 2.9 2.9 2.9 2.9 2.3 2.0 2.0 2.2 2.0 1.7 1.8 1.9 2.1 2.2 2.1 2.0 2.1 2.1 2.2 2.4 2.6 2.8 3.3 3.7 3.9 4.7 1969
1969 1.7 1.8 1.9 1.9 2.0 2.2 2.5 2.9 3.0 3.0 3.0 3.0 3.1 3.2 3.4 3.4 3.2 3.0 3.0 3.0 3.1 2.5 2.2 2.2 2.4 2.2 2.0 2.1 2.1 2.3 2.5 2.4 2.4 2.4 2.5 2.6 2.9 3.1 3.4 3.9 4.3 4.6 5.5 6.2 1970
1970 1.8 1.9 2.0 2.0 2.1 2.3 2.6 3.0 3.0 3.1 3.1 3.1 3.1 3.3 3.4 3.5 3.3 3.1 3.1 3.1 3.2 2.6 2.3 2.3 2.5 2.4 2.2 2.2 2.3 2.5 2.7 2.6 2.6 2.7 2.8 2.9 3.2 3.4 3.7 4.1 4.6 4.9 5.5 5.9 5.6 1971
1971 1.8 1.9 2.0 2.1 2.1 2.3 2.6 3.0 3.0 3.1 3.1 3.1 3.1 3.3 3.4 3.5 3.3 3.1 3.1 3.1 3.2 2.6 2.4 2.3 2.6 2.4 2.2 2.3 2.4 2.6 2.7 2.7 2.7 2.7 2.8 3.0 3.2 3.4 3.6 4.0 4.4 4.6 4.9 5.0 4.4 3.3 1972
1972 1.9 1.9 2.0 2.1 2.1 2.3 2.6 3.0 3.0 3.1 3.1 3.1 3.1 3.3 3.4 3.5 3.3 3.1 3.1 3.2 3.2 2.7 2.4 2.4 2.6 2.4 2.3 2.4 2.4 2.6 2.7 2.7 2.7 2.8 2.9 3.0 3.2 3.4 3.6 3.9 4.2 4.4 4.6 4.6 4.1 3.3 3.4 1973
1973 2.0 2.1 2.2 2.2 2.3 2.5 2.8 3.1 3.2 3.2 3.2 3.3 3.3 3.5 3.6 3.7 3.5 3.3 3.3 3.3 3.4 2.9 2.7 2.6 2.8 2.7 2.6 2.6 2.7 2.9 3.1 3.1 3.1 3.2 3.3 3.4 3.7 3.9 4.1 4.5 4.8 5.0 5.3 5.4 5.2 5.1 6.0 8.7 1974
1974 2.2 2.3 2.4 2.4 2.5 2.7 3.0 3.3 3.4 3.4 3.5 3.5 3.5 3.7 3.8 3.9 3.7 3.6 3.6 3.6 3.7 3.2 3.0 3.0 3.2 3.1 3.0 3.1 3.2 3.4 3.5 3.6 3.6 3.7 3.9 4.0 4.3 4.6 4.8 5.2 5.6 5.9 6.3 6.5 6.6 6.9 8.1 10.5 12.3 1975
1975 2.3 2.4 2.5 2.5 2.6 2.8 3.1 3.4 3.5 3.5 3.5 3.6 3.6 3.8 3.9 4.0 3.8 3.7 3.7 3.7 3.8 3.3 3.1 3.1 3.3 3.2 3.1 3.2 3.3 3.5 3.7 3.7 3.8 3.9 4.1 4.2 4.5 4.7 5.0 5.4 5.7 6.0 6.4 6.6 6.7 6.9 7.8 9.3 9.6 6.9 1976
1976 2.3 2.4 2.5 2.6 2.6 2.8 3.1 3.4 3.5 3.6 3.6 3.6 3.6 3.8 3.9 4.0 3.9 3.7 3.7 3.8 3.8 3.4 3.2 3.2 3.4 3.3 3.2 3.3 3.4 3.6 3.8 3.8 3.8 4.0 4.1 4.3 4.5 4.7 5.0 5.3 5.6 5.9 6.2 6.4 6.4 6.5 7.2 8.2 8.0 5.9 4.9 1977
1977 2.4 2.5 2.6 2.7 2.7 2.9 3.2 3.5 3.6 3.6 3.6 3.7 3.7 3.9 4.0 4.1 3.9 3.8 3.8 3.9 3.9 3.5 3.3 3.3 3.5 3.4 3.3 3.4 3.5 3.7 3.9 3.9 4.0 4.1 4.2 4.4 4.7 4.9 5.1 5.4 5.7 5.9 6.2 6.4 6.4 6.6 7.1 7.9 7.7 6.2 5.8 6.7 1978
1978 2.5 2.6 2.7 2.8 2.8 3.0 3.3 3.6 3.7 3.8 3.8 3.8 3.8 4.0 4.1 4.2 4.1 3.9 4.0 4.0 4.1 3.6 3.5 3.5 3.7 3.6 3.5 3.6 3.8 4.0 4.1 4.2 4.2 4.3 4.5 4.7 4.9 5.1 5.4 5.7 6.0 6.2 6.5 6.7 6.7 6.9 7.4 8.1 7.9 6.9 6.8 7.9 9.0 1979
1979 2.7 2.8 2.9 3.0 3.0 3.2 3.5 3.8 3.9 4.0 4.0 4.0 4.1 4.2 4.3 4.4 4.3 4.2 4.2 4.3 4.3 3.9 3.8 3.8 4.0 3.9 3.9 4.0 4.1 4.3 4.5 4.5 4.6 4.8 4.9 5.1 5.4 5.6 5.8 6.2 6.5 6.7 7.0 7.3 7.4 7.6 8.1 8.8 8.8 8.1 8.4 9.6 11.1 13.3 1980
1980 2.9 3.0 3.1 3.2 3.2 3.4 3.7 4.0 4.1 4.1 4.2 4.2 4.3 4.4 4.5 4.6 4.5 4.4 4.4 4.5 4.5 4.2 4.0 4.1 4.3 4.2 4.2 4.3 4.4 4.6 4.8 4.9 5.0 5.1 5.3 5.5 5.7 6.0 6.2 6.6 6.9 7.1 7.5 7.7 7.8 8.0 8.6 9.3 9.3 8.8 9.2 10.3 11.6 12.9 12.5 1981
1981 3.0 3.1 3.2 3.3 3.3 3.5 3.8 4.1 4.2 4.2 4.3 4.3 4.4 4.5 4.6 4.7 4.6 4.5 4.5 4.6 4.7 4.3 4.2 4.2 4.4 4.4 4.3 4.4 4.6 4.8 4.9 5.0 5.1 5.3 5.4 5.6 5.9 6.1 6.4 6.7 7.0 7.2 7.6 7.8 7.9 8.1 8.6 9.2 9.3 8.9 9.2 10.1 10.9 11.6 10.7 8.9 1982
1982 3.0 3.1 3.2 3.3 3.3 3.5 3.8 4.1 4.2 4.2 4.2 4.3 4.3 4.5 4.6 4.7 4.6 4.5 4.5 4.6 4.6 4.3 4.2 4.2 4.4 4.3 4.3 4.4 4.5 4.7 4.9 5.0 5.1 5.2 5.4 5.5 5.8 6.0 6.2 6.5 6.8 7.0 7.3 7.5 7.6 7.8 8.2 8.7 8.7 8.2 8.4 9.0 9.5 9.6 8.4 6.3 3.8 1983
1983 3.0 3.1 3.2 3.3 3.3 3.5 3.8 4.1 4.2 4.2 4.2 4.3 4.3 4.5 4.6 4.7 4.6 4.5 4.5 4.6 4.6 4.3 4.2 4.2 4.4 4.3 4.3 4.4 4.5 4.7 4.9 4.9 5.0 5.1 5.3 5.5 5.7 5.9 6.1 6.4 6.6 6.8 7.1 7.2 7.3 7.5 7.8 8.2 8.2 7.7 7.8 8.2 8.5 8.4 7.2 5.5 3.8 3.8 1984
1984 3.0 3.1 3.2 3.3 3.3 3.5 3.8 4.1 4.2 4.2 4.2 4.3 4.3 4.5 4.6 4.7 4.6 4.5 4.5 4.5 4.6 4.3 4.1 4.2 4.4 4.3 4.3 4.4 4.5 4.7 4.8 4.9 5.0 5.1 5.2 5.4 5.6 5.8 6.0 6.3 6.5 6.7 6.9 7.0 7.1 7.2 7.5 7.9 7.8 7.3 7.4 7.7 7.8 7.6 6.5 5.1 3.9 3.9 3.9 1985
1985 3.1 3.1 3.2 3.3 3.4 3.5 3.8 4.1 4.1 4.2 4.2 4.3 4.3 4.5 4.6 4.7 4.5 4.4 4.5 4.5 4.6 4.3 4.1 4.2 4.3 4.3 4.3 4.4 4.5 4.7 4.8 4.9 4.9 5.1 5.2 5.3 5.5 5.7 5.9 6.2 6.4 6.5 6.7 6.8 6.9 7.0 7.2 7.5 7.4 7.0 7.0 7.3 7.3 7.1 6.1 4.8 3.8 3.8 3.9 3.8 1986
1986 3.0 3.1 3.2 3.3 3.3 3.5 3.7 4.0 4.1 4.1 4.2 4.2 4.2 4.4 4.5 4.6 4.5 4.4 4.4 4.4 4.5 4.2 4.1 4.1 4.3 4.2 4.2 4.3 4.4 4.5 4.7 4.7 4.8 4.9 5.0 5.2 5.4 5.5 5.7 5.9 6.1 6.2 6.4 6.5 6.5 6.6 6.8 7.1 6.9 6.5 6.5 6.6 6.6 6.3 5.4 4.2 3.3 3.2 2.9 2.4 1.1 1987
1987 3.1 3.1 3.2 3.3 3.3 3.5 3.8 4.0 4.1 4.1 4.2 4.2 4.3 4.4 4.5 4.6 4.5 4.4 4.4 4.4 4.5 4.2 4.1 4.1 4.3 4.2 4.2 4.3 4.4 4.5 4.7 4.7 4.8 4.9 5.0 5.1 5.3 5.5 5.6 5.9 6.0 6.2 6.3 6.4 6.4 6.5 6.7 6.9 6.8 6.3 6.3 6.4 6.4 6.1 5.2 4.2 3.5 3.4 3.3 3.1 2.8 4.4 1988
1988 3.1 3.1 3.2 3.3 3.4 3.5 3.8 4.0 4.1 4.2 4.2 4.2 4.3 4.4 4.5 4.6 4.5 4.4 4.4 4.4 4.5 4.2 4.1 4.1 4.3 4.2 4.2 4.3 4.4 4.5 4.7 4.7 4.8 4.9 5.0 5.1 5.3 5.4 5.6 5.8 6.0 6.1 6.2 6.3 6.3 6.3 6.5 6.7 6.6 6.2 6.1 6.3 6.2 5.9 5.1 4.3 3.6 3.6 3.5 3.4 3.3 4.4 4.4 1989
1989 3.1 3.2 3.3 3.3 3.4 3.6 3.8 4.1 4.1 4.2 4.2 4.2 4.3 4.4 4.5 4.6 4.5 4.4 4.4 4.4 4.5 4.2 4.1 4.1 4.3 4.2 4.2 4.3 4.4 4.5 4.7 4.7 4.8 4.9 5.0 5.1 5.3 5.4 5.6 5.7 5.9 6.0 6.2 6.2 6.2 6.3 6.4 6.6 6.5 6.1 6.0 6.1 6.1 5.8 5.1 4.3 3.7 3.7 3.7 3.7 3.6 4.5 4.5 4.6 1990
1990 3.1 3.2 3.3 3.4 3.4 3.6 3.8 4.1 4.1 4.2 4.2 4.3 4.3 4.4 4.5 4.6 4.5 4.4 4.4 4.5 4.5 4.2 4.1 4.2 4.3 4.3 4.2 4.3 4.4 4.6 4.7 4.8 4.8 4.9 5.0 5.1 5.3 5.4 5.6 5.8 5.9 6.0 6.2 6.2 6.2 6.2 6.4 6.6 6.5 6.1 6.0 6.1 6.1 5.8 5.2 4.5 4.0 4.0 4.1 4.1 4.1 4.9 5.1 5.4 6.1 1991
1991 3.1 3.2 3.3 3.4 3.4 3.6 3.8 4.1 4.1 4.2 4.2 4.2 4.3 4.4 4.5 4.6 4.5 4.4 4.4 4.5 4.5 4.2 4.1 4.1 4.3 4.3 4.2 4.3 4.4 4.5 4.7 4.7 4.8 4.8 4.9 5.1 5.2 5.4 5.5 5.7 5.8 5.9 6.0 6.1 6.1 6.1 6.2 6.4 6.3 5.9 5.9 5.9 5.9 5.6 5.0 4.4 3.9 3.9 3.9 3.9 3.9 4.5 4.6 4.6 4.6 3.1 1992
1992 3.1 3.2 3.3 3.4 3.4 3.6 3.8 4.1 4.1 4.2 4.2 4.2 4.2 4.4 4.5 4.5 4.4 4.3 4.4 4.4 4.5 4.2 4.1 4.1 4.3 4.2 4.2 4.3 4.4 4.5 4.6 4.7 4.7 4.8 4.9 5.0 5.1 5.3 5.4 5.6 5.7 5.8 5.9 5.9 5.9 5.9 6.1 6.2 6.1 5.7 5.7 5.7 5.7 5.4 4.8 4.2 3.8 3.8 3.8 3.8 3.8 4.3 4.2 4.2 4.0 3.0 2.9 1993
1993 3.1 3.2 3.3 3.4 3.4 3.6 3.8 4.0 4.1 4.1 4.1 4.2 4.2 4.4 4.4 4.5 4.4 4.3 4.3 4.4 4.4 4.2 4.1 4.1 4.2 4.2 4.1 4.2 4.3 4.4 4.6 4.6 4.6 4.7 4.8 4.9 5.1 5.2 5.3 5.5 5.6 5.7 5.8 5.8 5.8 5.8 5.9 6.0 5.9 5.6 5.5 5.6 5.5 5.2 4.7 4.1 3.7 3.7 3.7 3.7 3.7 4.0 4.0 3.9 3.7 2.9 2.8 2.7 1994
1994 3.1 3.2 3.3 3.3 3.4 3.5 3.8 4.0 4.1 4.1 4.1 4.2 4.2 4.3 4.4 4.5 4.4 4.3 4.3 4.4 4.4 4.1 4.0 4.1 4.2 4.2 4.1 4.2 4.3 4.4 4.5 4.5 4.6 4.7 4.8 4.9 5.0 5.1 5.2 5.4 5.5 5.6 5.7 5.7 5.7 5.7 5.8 5.9 5.8 5.4 5.4 5.4 5.3 5.1 4.6 4.0 3.6 3.6 3.6 3.6 3.6 3.9 3.8 3.7 3.5 2.8 2.8 2.7 2.7 1995
1995 3.1 3.2 3.3 3.3 3.4 3.5 3.7 4.0 4.0 4.1 4.1 4.1 4.2 4.3 4.4 4.4 4.3 4.3 4.3 4.3 4.4 4.1 4.0 4.0 4.2 4.1 4.1 4.2 4.2 4.4 4.5 4.5 4.5 4.6 4.7 4.8 4.9 5.0 5.1 5.3 5.4 5.5 5.5 5.6 5.5 5.5 5.6 5.7 5.6 5.3 5.2 5.2 5.2 4.9 4.4 3.9 3.6 3.5 3.5 3.5 3.5 3.7 3.6 3.5 3.3 2.8 2.7 2.7 2.6 2.5 1996
1996 3.1 3.2 3.3 3.3 3.4 3.5 3.7 4.0 4.0 4.1 4.1 4.1 4.2 4.3 4.4 4.4 4.3 4.2 4.3 4.3 4.3 4.1 4.0 4.0 4.1 4.1 4.1 4.1 4.2 4.3 4.4 4.5 4.5 4.6 4.7 4.8 4.9 5.0 5.1 5.2 5.3 5.4 5.5 5.5 5.5 5.5 5.6 5.6 5.5 5.2 5.1 5.1 5.1 4.8 4.4 3.9 3.5 3.5 3.5 3.5 3.4 3.7 3.6 3.5 3.3 2.9 2.8 2.8 2.8 2.9 3.3 1997
1997 3.1 3.2 3.2 3.3 3.3 3.5 3.7 3.9 4.0 4.0 4.0 4.1 4.1 4.2 4.3 4.4 4.3 4.2 4.2 4.2 4.3 4.0 3.9 4.0 4.1 4.0 4.0 4.1 4.2 4.3 4.4 4.4 4.4 4.5 4.6 4.7 4.8 4.9 5.0 5.1 5.2 5.3 5.3 5.4 5.3 5.3 5.4 5.5 5.3 5.1 5.0 5.0 4.9 4.7 4.2 3.7 3.4 3.4 3.4 3.3 3.3 3.5 3.4 3.3 3.1 2.7 2.6 2.6 2.6 2.5 2.5 1.7 1998
1998 3.1 3.1 3.2 3.3 3.3 3.5 3.7 3.9 4.0 4.0 4.0 4.0 4.1 4.2 4.3 4.3 4.2 4.1 4.2 4.2 4.2 4.0 3.9 3.9 4.0 4.0 4.0 4.0 4.1 4.2 4.3 4.3 4.4 4.4 4.5 4.6 4.7 4.8 4.9 5.0 5.1 5.1 5.2 5.2 5.2 5.2 5.3 5.3 5.2 4.9 4.8 4.8 4.7 4.5 4.1 3.6 3.3 3.3 3.3 3.2 3.2 3.3 3.2 3.1 3.0 2.6 2.5 2.4 2.4 2.3 2.2 1.7 1.6 1999
1999 3.1 3.1 3.2 3.3 3.3 3.5 3.7 3.9 3.9 4.0 4.0 4.0 4.0 4.2 4.2 4.3 4.2 4.1 4.1 4.2 4.2 4.0 3.9 3.9 4.0 4.0 3.9 4.0 4.1 4.2 4.3 4.3 4.3 4.4 4.5 4.5 4.6 4.7 4.8 4.9 5.0 5.1 5.1 5.1 5.1 5.1 5.2 5.2 5.1 4.8 4.7 4.7 4.6 4.4 4.0 3.6 3.3 3.3 3.2 3.2 3.1 3.3 3.2 3.1 2.9 2.6 2.5 2.5 2.4 2.4 2.3 2.0 2.1 2.7 2000
2000 3.1 3.1 3.2 3.3 3.3 3.5 3.7 3.9 3.9 4.0 4.0 4.0 4.0 4.1 4.2 4.3 4.2 4.1 4.1 4.2 4.2 3.9 3.9 3.9 4.0 4.0 3.9 4.0 4.1 4.2 4.2 4.3 4.3 4.4 4.4 4.5 4.6 4.7 4.8 4.9 5.0 5.0 5.1 5.1 5.1 5.0 5.1 5.2 5.0 4.8 4.7 4.7 4.6 4.4 4.0 3.6 3.3 3.3 3.2 3.2 3.1 3.3 3.2 3.1 3.0 2.7 2.6 2.6 2.6 2.5 2.5 2.3 2.6 3.0 3.4 2001
2001 3.1 3.1 3.2 3.3 3.3 3.4 3.6 3.8 3.9 3.9 3.9 4.0 4.0 4.1 4.2 4.2 4.1 4.1 4.1 4.1 4.1 3.9 3.8 3.8 3.9 3.9 3.9 3.9 4.0 4.1 4.2 4.2 4.2 4.3 4.4 4.4 4.5 4.6 4.7 4.8 4.9 4.9 5.0 5.0 4.9 4.9 5.0 5.0 4.9 4.6 4.6 4.5 4.5 4.3 3.9 3.5 3.2 3.2 3.1 3.1 3.0 3.2 3.1 3.0 2.9 2.6 2.5 2.5 2.4 2.4 2.4 2.2 2.3 2.5 2.5 1.6 2002
2002 3.0 3.1 3.2 3.2 3.3 3.4 3.6 3.8 3.9 3.9 3.9 4.0 4.0 4.1 4.1 4.2 4.1 4.0 4.0 4.1 4.1 3.9 3.8 3.8 3.9 3.9 3.8 3.9 4.0 4.1 4.1 4.2 4.2 4.3 4.3 4.4 4.5 4.6 4.6 4.7 4.8 4.8 4.9 4.9 4.9 4.8 4.9 4.9 4.8 4.6 4.5 4.5 4.4 4.2 3.8 3.4 3.2 3.1 3.1 3.1 3.0 3.1 3.0 2.9 2.8 2.5 2.5 2.5 2.4 2.4 2.4 2.2 2.3 2.5 2.4 2.0 2.4 2003
2003 3.0 3.1 3.2 3.2 3.3 3.4 3.6 3.8 3.8 3.9 3.9 3.9 3.9 4.0 4.1 4.2 4.1 4.0 4.0 4.0 4.1 3.8 3.8 3.8 3.9 3.8 3.8 3.9 3.9 4.0 4.1 4.1 4.1 4.2 4.3 4.3 4.4 4.5 4.6 4.7 4.7 4.8 4.8 4.8 4.8 4.8 4.8 4.8 4.7 4.5 4.4 4.4 4.3 4.1 3.7 3.4 3.1 3.1 3.0 3.0 2.9 3.1 3.0 2.9 2.7 2.5 2.4 2.4 2.4 2.3 2.3 2.2 2.2 2.4 2.3 1.9 2.1 1.9 2004
2004 3.0 3.1 3.2 3.2 3.3 3.4 3.6 3.8 3.8 3.9 3.9 3.9 3.9 4.0 4.1 4.2 4.1 4.0 4.0 4.0 4.1 3.8 3.7 3.8 3.9 3.8 3.8 3.8 3.9 4.0 4.1 4.1 4.1 4.2 4.2 4.3 4.4 4.5 4.5 4.6 4.7 4.7 4.8 4.8 4.7 4.7 4.8 4.8 4.7 4.4 4.3 4.3 4.2 4.1 3.7 3.3 3.1 3.1 3.0 3.0 3.0 3.1 3.0 2.9 2.8 2.5 2.5 2.5 2.5 2.4 2.4 2.3 2.4 2.5 2.5 2.3 2.5 2.6 3.3 2005
2005 3.0 3.1 3.2 3.2 3.3 3.4 3.6 3.8 3.8 3.9 3.9 3.9 3.9 4.0 4.1 4.1 4.1 4.0 4.0 4.0 4.0 3.8 3.7 3.8 3.9 3.8 3.8 3.8 3.9 4.0 4.1 4.1 4.1 4.2 4.2 4.3 4.4 4.4 4.5 4.6 4.7 4.7 4.7 4.7 4.7 4.7 4.7 4.8 4.6 4.4 4.3 4.3 4.2 4.0 3.7 3.4 3.1 3.1 3.1 3.0 3.0 3.1 3.0 2.9 2.8 2.6 2.6 2.5 2.5 2.5 2.5 2.4 2.5 2.6 2.6 2.5 2.7 2.8 3.3 3.4 2006
2006 3.0 3.1 3.2 3.2 3.2 3.4 3.6 3.8 3.8 3.8 3.9 3.9 3.9 4.0 4.1 4.1 4.0 4.0 4.0 4.0 4.0 3.8 3.7 3.7 3.8 3.8 3.8 3.8 3.9 4.0 4.0 4.1 4.1 4.1 4.2 4.2 4.3 4.4 4.5 4.5 4.6 4.6 4.7 4.7 4.6 4.6 4.7 4.7 4.6 4.3 4.3 4.2 4.1 4.0 3.6 3.3 3.1 3.1 3.0 3.0 3.0 3.1 3.0 2.9 2.8 2.6 2.6 2.5 2.5 2.5 2.5 2.4 2.5 2.6 2.6 2.5 2.7 2.8 3.1 3.0 2.5 2007
2007 3.0 3.1 3.2 3.2 3.3 3.4 3.6 3.8 3.8 3.8 3.9 3.9 3.9 4.0 4.1 4.1 4.0 4.0 4.0 4.0 4.0 3.8 3.7 3.7 3.8 3.8 3.8 3.8 3.9 4.0 4.0 4.1 4.1 4.1 4.2 4.2 4.3 4.4 4.5 4.5 4.6 4.6 4.7 4.7 4.6 4.6 4.6 4.7 4.6 4.3 4.2 4.2 4.1 4.0 3.7 3.3 3.1 3.1 3.1 3.0 3.0 3.1 3.0 3.0 2.9 2.7 2.7 2.6 2.6 2.6 2.6 2.6 2.7 2.8 2.8 2.7 2.9 3.0 3.3 3.3 3.3 4.1 2008
2008 3.0 3.1 3.1 3.2 3.2 3.3 3.5 3.7 3.8 3.8 3.8 3.8 3.8 3.9 4.0 4.1 4.0 3.9 3.9 3.9 4.0 3.7 3.7 3.7 3.8 3.7 3.7 3.8 3.8 3.9 4.0 4.0 4.0 4.0 4.1 4.2 4.2 4.3 4.4 4.4 4.5 4.5 4.6 4.5 4.5 4.5 4.5 4.5 4.4 4.2 4.1 4.1 4.0 3.8 3.5 3.2 3.0 3.0 3.0 2.9 2.9 3.0 2.9 2.8 2.7 2.5 2.5 2.5 2.5 2.5 2.4 2.4 2.4 2.5 2.5 2.4 2.5 2.5 2.7 2.5 2.2 2.1 0.1 2009
2009 3.0 3.1 3.1 3.2 3.2 3.3 3.5 3.7 3.7 3.8 3.8 3.8 3.8 3.9 4.0 4.0 3.9 3.9 3.9 3.9 3.9 3.7 3.6 3.7 3.8 3.7 3.7 3.7 3.8 3.9 3.9 4.0 4.0 4.0 4.1 4.1 4.2 4.3 4.3 4.4 4.4 4.5 4.5 4.5 4.5 4.4 4.5 4.5 4.4 4.2 4.1 4.1 4.0 3.8 3.5 3.2 3.0 3.0 3.0 2.9 2.9 3.0 2.9 2.8 2.7 2.6 2.5 2.5 2.5 2.5 2.5 2.4 2.5 2.5 2.5 2.4 2.5 2.6 2.7 2.6 2.3 2.3 1.4 2.7 2010
2010 3.0 3.0 3.1 3.2 3.2 3.3 3.5 3.7 3.7 3.7 3.8 3.8 3.8 3.9 4.0 4.0 3.9 3.8 3.9 3.9 3.9 3.7 3.6 3.6 3.7 3.7 3.6 3.7 3.7 3.8 3.9 3.9 3.9 4.0 4.0 4.1 4.1 4.2 4.3 4.3 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.3 4.1 4.0 4.0 3.9 3.7 3.4 3.2 3.0 2.9 2.9 2.9 2.8 2.9 2.8 2.8 2.7 2.5 2.5 2.4 2.4 2.4 2.4 2.3 2.4 2.5 2.4 2.3 2.4 2.4 2.5 2.4 2.2 2.1 1.4 2.1 1.5 2011
2011 3.0 3.0 3.1 3.2 3.2 3.3 3.5 3.7 3.7 3.7 3.7 3.8 3.8 3.9 3.9 4.0 3.9 3.8 3.8 3.9 3.9 3.7 3.6 3.6 3.7 3.7 3.6 3.7 3.7 3.8 3.9 3.9 3.9 4.0 4.0 4.0 4.1 4.2 4.2 4.3 4.4 4.4 4.4 4.4 4.4 4.3 4.3 4.4 4.3 4.1 4.0 3.9 3.9 3.7 3.4 3.1 3.0 2.9 2.9 2.9 2.8 2.9 2.8 2.8 2.7 2.5 2.5 2.5 2.5 2.4 2.4 2.4 2.4 2.5 2.5 2.4 2.5 2.5 2.6 2.5 2.3 2.3 1.8 2.4 2.2 3.0 2012
2012 3.0 3.0 3.1 3.1 3.2 3.3 3.5 3.6 3.7 3.7 3.7 3.7 3.8 3.9 3.9 4.0 3.9 3.8 3.8 3.8 3.9 3.7 3.6 3.6 3.7 3.6 3.6 3.7 3.7 3.8 3.8 3.9 3.9 3.9 4.0 4.0 4.1 4.1 4.2 4.2 4.3 4.3 4.3 4.3 4.3 4.3 4.3 4.3 4.2 4.0 3.9 3.9 3.8 3.7 3.4 3.1 2.9 2.9 2.9 2.8 2.8 2.9 2.8 2.7 2.6 2.5 2.5 2.4 2.4 2.4 2.4 2.3 2.4 2.4 2.4 2.3 2.4 2.4 2.5 2.4 2.2 2.2 1.8 2.2 2.1 2.3 1.7 2013
2013 3.0 3.0 3.1 3.1 3.2 3.3 3.4 3.6 3.7 3.7 3.7 3.7 3.7 3.8 3.9 3.9 3.8 3.8 3.8 3.8 3.8 3.6 3.5 3.6 3.6 3.6 3.6 3.6 3.7 3.7 3.8 3.8 3.8 3.9 3.9 4.0 4.0 4.1 4.1 4.2 4.2 4.3 4.3 4.3 4.2 4.2 4.2 4.2 4.1 3.9 3.8 3.8 3.7 3.6 3.3 3.1 2.9 2.8 2.8 2.8 2.7 2.8 2.7 2.7 2.6 2.4 2.4 2.4 2.4 2.4 2.3 2.3 2.3 2.4 2.4 2.3 2.3 2.3 2.4 2.3 2.1 2.1 1.7 2.1 1.9 2.1 1.6 1.5 2014
2014 2.9 3.0 3.0 3.1 3.1 3.2 3.4 3.6 3.6 3.6 3.7 3.7 3.7 3.8 3.8 3.9 3.8 3.7 3.7 3.8 3.8 3.6 3.5 3.5 3.6 3.6 3.5 3.6 3.6 3.7 3.7 3.8 3.8 3.8 3.9 3.9 4.0 4.0 4.1 4.1 4.2 4.2 4.2 4.2 4.1 4.1 4.1 4.2 4.0 3.8 3.8 3.7 3.7 3.5 3.2 3.0 2.8 2.8 2.7 2.7 2.7 2.7 2.7 2.6 2.5 2.4 2.3 2.3 2.3 2.3 2.3 2.2 2.2 2.3 2.2 2.2 2.2 2.2 2.2 2.1 2.0 1.9 1.6 1.9 1.7 1.7 1.3 1.1 0.8 2015
2015 2.9 3.0 3.0 3.1 3.1 3.2 3.4 3.5 3.6 3.6 3.6 3.6 3.7 3.7 3.8 3.8 3.8 3.7 3.7 3.7 3.7 3.5 3.5 3.5 3.6 3.5 3.5 3.5 3.6 3.6 3.7 3.7 3.7 3.8 3.8 3.8 3.9 3.9 4.0 4.1 4.1 4.1 4.1 4.1 4.1 4.0 4.1 4.1 4.0 3.8 3.7 3.7 3.6 3.4 3.2 2.9 2.8 2.7 2.7 2.6 2.6 2.7 2.6 2.5 2.4 2.3 2.3 2.2 2.2 2.2 2.2 2.1 2.1 2.2 2.1 2.1 2.1 2.1 2.1 2.0 1.9 1.8 1.5 1.7 1.5 1.5 1.2 1.0 0.7 0.7 2016
2016 2.9 2.9 3.0 3.1 3.1 3.2 3.4 3.5 3.6 3.6 3.6 3.6 3.6 3.7 3.8 3.8 3.7 3.7 3.7 3.7 3.7 3.5 3.4 3.4 3.5 3.5 3.5 3.5 3.5 3.6 3.7 3.7 3.7 3.7 3.8 3.8 3.9 3.9 4.0 4.0 4.1 4.1 4.1 4.1 4.0 4.0 4.0 4.0 3.9 3.7 3.7 3.6 3.5 3.4 3.1 2.9 2.7 2.7 2.7 2.6 2.6 2.6 2.6 2.5 2.4 2.3 2.3 2.2 2.2 2.2 2.2 2.1 2.1 2.2 2.1 2.1 2.1 2.1 2.1 2.0 1.9 1.8 1.6 1.7 1.6 1.6 1.4 1.3 1.2 1.4 2.1 2017
2017 2.9 2.9 3.0 3.0 3.1 3.2 3.3 3.5 3.5 3.6 3.6 3.6 3.6 3.7 3.7 3.8 3.7 3.6 3.6 3.7 3.7 3.5 3.4 3.4 3.5 3.5 3.4 3.5 3.5 3.6 3.6 3.7 3.7 3.7 3.7 3.8 3.8 3.9 3.9 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 3.9 3.7 3.6 3.6 3.5 3.4 3.1 2.9 2.7 2.7 2.7 2.6 2.6 2.6 2.6 2.5 2.4 2.3 2.3 2.2 2.2 2.2 2.2 2.1 2.1 2.2 2.1 2.1 2.1 2.1 2.1 2.0 1.9 1.8 1.6 1.8 1.7 1.7 1.5 1.4 1.4 1.6 2.1 2.1 2018
2018 2.9 2.9 3.0 3.0 3.1 3.2 3.3 3.5 3.5 3.6 3.6 3.6 3.6 3.7 3.7 3.8 3.7 3.6 3.6 3.6 3.7 3.5 3.4 3.4 3.5 3.5 3.4 3.5 3.5 3.6 3.6 3.6 3.6 3.7 3.7 3.7 3.8 3.8 3.9 3.9 4.0 4.0 4.0 4.0 3.9 3.9 3.9 3.9 3.8 3.6 3.6 3.5 3.5 3.3 3.1 2.9 2.7 2.7 2.6 2.6 2.6 2.6 2.5 2.5 2.4 2.3 2.2 2.2 2.2 2.2 2.2 2.1 2.1 2.2 2.1 2.1 2.1 2.1 2.1 2.0 1.9 1.8 1.6 1.8 1.7 1.7 1.5 1.5 1.5 1.7 2.0 2.0 1.9
1926 1927 1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
1926
1926 12.9 1927
1927 26.0 40.7 1928
1928
1929
32.1
20.4
43.0
23.0
45.3
15.0
1929
-8.9 1930
S&P 500 Index
1930 11.0 10.5 2.0 -14.5 -19.8 1931 1926–2018: Real Returns (%) (Inflation Adjusted)
1931 0.9 -1.4 -9.8 -23.0 -29.2 -37.5 1932
1932 1.1 -0.8 -7.5 -17.3 -20.0 -20.1 2.3 1933
1933 6.4 5.5 0.6 -6.5 -5.9 -0.8 25.0 52.8 1934
1934 5.3 4.4 0.1 -5.9 -5.3 -1.3 14.9 21.8 -2.9 1935 Growth of $1
$100,000
1935 8.6 8.2 4.7 -0.1 1.5 6.3 21.5 28.6 18.0 43.4 1936
1936 10.6 10.4 7.4 3.4 5.3 10.2 23.5 29.5 22.5 37.6 32.0 1937
$10,000
1937 5.5 4.9 1.9 -2.1 -1.2 1.8 10.4 12.1 3.8 6.1 -8.7 -36.8 1938
1938 7.6 7.1 4.5 1.1 2.3 5.5 13.6 15.7 9.4 12.7 4.0 -7.7 34.9 1939 $501
1939 7.0 6.5 4.1 1.0 2.0 4.8 11.8 13.2 7.7 9.9 2.9 -5.3 15.9 -0.4 1940 $1,000
1940 5.7 5.2 2.9 0.0 0.8 3.2 9.1 9.9 4.9 6.2 0.1 -6.6 6.4 -5.6 -10.4 1941
1941 3.9 3.3 1.1 -1.7 -1.1 0.8 5.8 6.2 1.5 2.1 -3.5 -9.4 -0.8 -10.5 -15.1 -19.6 1942 $100
1942 4.3 3.8 1.7 -0.9 -0.2 1.6 6.2 6.6 2.4 3.1 -1.6 -6.3 1.3 -5.7 -7.4 -5.8 10.4 1943
1943 5.2 4.8 2.9 0.5 1.2 3.1 7.5 7.9 4.3 5.1 1.1 -2.7 4.6 -0.6 -0.7 2.8 16.2 22.3 1944 $10
1944 5.8 5.4 3.7 1.5 2.2 4.0 8.2 8.7 5.4 6.2 2.7 -0.4 6.3 2.1 2.6 6.2 16.5 19.6 17.0 1945
1945 7.0 6.7 5.1 3.1 3.9 5.7 9.8 10.4 7.4 8.4 5.5 2.9 9.3 6.1 7.2 11.1 20.5 24.1 25.0 33.4 1946 $1
1946 5.4 5.1 3.5 1.5 2.2 3.7 7.3 7.7 4.8 5.5 2.6 0.0 5.3 2.1 2.4 4.7 10.4 10.4 6.7 1.9 -22.2 1947
1947 5.0 4.7 3.1 1.3 1.9 3.3 6.6 6.9 4.2 4.8 2.1 -0.2 4.4 1.5 1.7 3.6 8.1 7.6 4.2 0.3 -13.1 -2.9 1948 $0
1948 4.9 4.6 3.1 1.4 1.9 3.3 6.4 6.6 4.1 4.6 2.1 0.0 4.2 1.6 1.8 3.5 7.2 6.7 3.9 0.8 -8.2 -0.3 2.4 1949 1926 2018
1949 5.6 5.2 3.9 2.2 2.8 4.2 7.2 7.5 5.1 5.7 3.4 1.5 5.6 3.2 3.6 5.3 8.9 8.7 6.6 4.6 -1.6 6.5 11.5 21.3 1950 See Sources and Descriptions of Data.
1950 6.2 6.0 4.7 3.1 3.8 5.1 8.0 8.3 6.2 6.8 4.7 3.0 6.9 4.9 5.3 7.1 10.5 10.5 9.0 7.7 3.2 10.7 15.6 22.8 24.4 1951
1951 6.6 6.4 5.2 3.7 4.3 5.6 8.4 8.8 6.7 7.3 5.4 3.8 7.6 5.7 6.3 7.9 11.2 11.2 9.9 9.0 5.3 11.9 16.0 20.8 20.6 17.0 1952
1952 7.0 6.8 5.6 4.2 4.9 6.1 8.9 9.2 7.3 7.9 6.1 4.6 8.2 6.5 7.1 8.7 11.7 11.9 10.7 10.0 7.0 12.8 16.3 20.0 19.6 17.2 17.5 1953
1953 6.7 6.5 5.3 4.0 4.6 5.8 8.4 8.6 6.8 7.3 5.6 4.3 7.6 6.0 6.4 7.9 10.5 10.5 9.4 8.6 5.9 10.6 13.1 15.3 13.8 10.5 7.4 -1.7 1954
1954 8.1 7.9 6.8 5.6 6.2 7.5 10.0 10.4 8.7 9.3 7.7 6.5 9.9 8.5 9.1 10.6 13.4 13.6 12.9 12.5 10.3 15.3 18.1 21.0 20.9 20.0 21.1 22.9 53.8 1955
1955 8.8 8.6 7.6 6.4 7.1 8.3 10.8 11.2 9.6 10.2 8.8 7.7 10.9 9.7 10.3 11.9 14.6 14.9 14.3 14.0 12.3 16.9 19.7 22.4 22.5 22.2 23.5 25.6 42.0 31.0 1956
1956 8.6 8.4 7.5 6.3 6.9 8.1 10.5 10.9 9.3 9.9 8.5 7.5 10.5 9.3 9.9 11.3 13.8 14.0 13.4 13.1 11.4 15.5 17.8 19.8 19.6 18.8 19.2 19.6 27.8 16.4 3.5 1957
1957 7.8 7.7 6.7 5.6 6.1 7.2 9.5 9.8 8.3 8.8 7.4 6.4 9.2 8.0 8.5 9.7 11.9 12.0 11.3 10.8 9.1 12.5 14.2 15.6 14.9 13.6 13.0 12.2 16.0 5.5 -5.3 -13.3 1958
1958 8.7 8.6 7.7 6.6 7.2 8.3 10.5 10.8 9.4 10.0 8.7 7.8 10.5 9.4 10.0 11.2 13.4 13.6 13.0 12.7 11.3 14.7 16.4 17.9 17.5 16.7 16.7 16.5 20.6 13.4 8.1 10.5 40.9 1959
1959 8.7 8.6 7.7 6.7 7.3 8.3 10.5 10.8 9.5 10.0 8.8 7.9 10.5 9.5 10.0 11.2 13.2 13.4 12.8 12.6 11.2 14.3 15.9 17.2 16.8 15.9 15.8 15.6 18.7 12.8 8.6 10.4 24.5 10.1 1960
1960 8.4 8.3 7.5 6.5 7.0 8.0 10.1 10.4 9.1 9.5 8.4 7.5 10.0 9.0 9.4 10.5 12.4 12.5 12.0 11.7 10.4 13.1 14.5 15.5 15.0 14.1 13.8 13.4 15.7 10.4 6.6 7.4 15.4 4.5 -0.9 1961
1961 8.9 8.8 8.0 7.0 7.5 8.6 10.6 10.9 9.6 10.1 9.0 8.2 10.6 9.7 10.2 11.2 13.1 13.2 12.7 12.5 11.3 14.0 15.3 16.3 15.9 15.2 15.0 14.7 17.0 12.5 9.6 10.9 18.0 11.2 11.8 26.0 1962
1962 8.3 8.2 7.4 6.5 7.0 7.9 9.9 10.1 8.9 9.3 8.2 7.4 9.7 8.8 9.2 10.2 11.8 11.9 11.4 11.1 9.9 12.3 13.4 14.2 13.7 12.8 12.5 12.0 13.6 9.4 6.6 7.1 11.8 5.5 4.0 6.5 -9.9 1963
1963 8.7 8.5 7.8 6.8 7.4 8.3 10.2 10.4 9.3 9.7 8.7 7.9 10.1 9.2 9.7 10.6 12.2 12.3 11.8 11.6 10.5 12.8 13.8 14.6 14.2 13.4 13.1 12.8 14.3 10.6 8.3 9.0 13.2 8.4 8.0 11.1 4.3 20.8 1964
1964 8.8 8.7 8.0 7.1 7.6 8.5 10.3 10.6 9.4 9.9 8.9 8.1 10.3 9.5 9.9 10.8 12.4 12.5 12.0 11.8 10.7 12.9 13.9 14.7 14.3 13.6 13.3 13.0 14.4 11.1 9.1 9.8 13.5 9.5 9.4 12.2 7.9 18.1 15.4 1965
1965 8.9 8.8 8.0 7.2 7.6 8.6 10.3 10.6 9.5 9.9 8.9 8.2 10.3 9.5 9.9 10.8 12.3 12.4 11.9 11.7 10.7 12.8 13.7 14.4 14.0 13.4 13.1 12.8 14.1 11.0 9.2 9.8 13.1 9.6 9.6 11.8 8.5 15.4 12.8 10.3 1966
1966 8.3 8.2 7.4 6.6 7.0 7.9 9.6 9.8 8.7 9.1 8.1 7.4 9.4 8.6 8.9 9.8 11.1 11.2 10.7 10.4 9.4 11.3 12.1 12.7 12.2 11.5 11.1 10.7 11.7 8.8 6.9 7.3 9.9 6.5 6.0 7.2 3.8 7.5 3.4 -2.1 -13.1 1967
1967 8.5 8.4 7.7 6.9 7.4 8.2 9.9 10.1 9.0 9.4 8.5 7.8 9.8 9.0 9.3 10.1 11.5 11.5 11.1 10.8 9.9 11.7 12.5 13.1 12.6 12.0 11.7 11.3 12.3 9.6 8.0 8.4 10.9 8.0 7.7 9.0 6.4 10.0 7.4 4.9 2.3 20.3 1968
1968 8.5 8.4 7.7 6.9 7.3 8.2 9.8 10.0 9.0 9.3 8.4 7.8 9.6 8.9 9.2 10.0 11.3 11.3 10.9 10.6 9.7 11.5 12.2 12.7 12.3 11.7 11.3 11.0 11.9 9.4 7.9 8.2 10.4 7.8 7.5 8.6 6.3 9.3 7.2 5.2 3.5 13.0 6.1 1969
1969 7.9 7.8 7.1 6.3 6.7 7.5 9.1 9.3 8.2 8.6 7.7 7.0 8.8 8.1 8.4 9.1 10.3 10.3 9.8 9.5 8.6 10.2 10.9 11.3 10.8 10.1 9.8 9.3 10.1 7.6 6.1 6.3 8.2 5.6 5.2 5.9 3.6 5.7 3.3 1.1 -1.1 3.2 -4.4 -13.8 1970
1970 7.7 7.6 6.9 6.1 6.5 7.3 8.8 9.0 8.0 8.3 7.4 6.8 8.5 7.8 8.0 8.7 9.8 9.8 9.4 9.1 8.2 9.7 10.3 10.7 10.2 9.5 9.1 8.7 9.4 7.0 5.6 5.8 7.4 5.0 4.5 5.1 3.0 4.7 2.6 0.7 -1.2 2.0 -3.4 -7.9 -1.5 1971
1971 7.8 7.6 7.0 6.2 6.6 7.4 8.8 9.0 8.0 8.4 7.5 6.9 8.6 7.8 8.1 8.8 9.9 9.8 9.4 9.2 8.3 9.8 10.3 10.7 10.2 9.6 9.2 8.8 9.4 7.3 5.9 6.1 7.6 5.4 5.0 5.6 3.7 5.4 3.6 2.0 0.7 3.7 -0.1 -2.0 4.4 10.7 1972
1972 7.9 7.8 7.2 6.4 6.8 7.5 9.0 9.2 8.2 8.5 7.7 7.1 8.7 8.0 8.3 9.0 10.0 10.0 9.6 9.4 8.6 10.0 10.5 10.9 10.4 9.8 9.5 9.1 9.7 7.7 6.4 6.6 8.1 6.1 5.8 6.4 4.7 6.3 4.8 3.6 2.6 5.5 2.8 2.0 7.9 12.9 15.1 1973
1973 7.2 7.1 6.4 5.7 6.1 6.8 8.1 8.3 7.4 7.6 6.8 6.2 7.8 7.1 7.3 7.9 8.9 8.8 8.4 8.1 7.3 8.6 9.1 9.3 8.9 8.2 7.9 7.4 7.9 5.9 4.7 4.7 6.0 4.0 3.6 3.9 2.2 3.4 1.8 0.4 -0.7 1.2 -1.7 -3.2 -0.4 0.0 -5.0 -21.5 1974
1974 6.1 6.0 5.4 4.6 4.9 5.6 6.9 7.0 6.1 6.3 5.5 4.9 6.3 5.6 5.8 6.3 7.2 7.1 6.7 6.3 5.5 6.6 7.0 7.2 6.7 6.0 5.5 5.0 5.4 3.4 2.1 2.0 3.0 1.0 0.4 0.5 -1.2 -0.4 -2.2 -3.8 -5.2 -4.2 -7.3 -9.3 -8.4 -10.1 -16.1 -28.3 -34.5 1975
1975 6.5 6.4 5.8 5.1 5.4 6.0 7.3 7.4 6.5 6.8 6.0 5.4 6.8 6.2 6.4 6.9 7.8 7.7 7.3 7.0 6.2 7.3 7.7 7.9 7.4 6.8 6.4 5.9 6.3 4.5 3.3 3.3 4.3 2.4 2.0 2.2 0.7 1.5 0.1 -1.2 -2.3 -1.0 -3.4 -4.7 -3.1 -3.4 -6.7 -13.0 -8.3 28.3 1976
1976 6.7 6.6 6.0 5.3 5.7 6.3 7.6 7.7 6.8 7.0 6.3 5.7 7.1 6.5 6.7 7.2 8.1 8.0 7.6 7.3 6.6 7.7 8.1 8.3 7.8 7.2 6.8 6.4 6.8 5.0 3.9 4.0 5.0 3.3 2.9 3.1 1.7 2.6 1.3 0.3 -0.6 0.7 -1.2 -2.1 -0.3 -0.1 -2.2 -6.1 -0.3 23.1 18.1 1977
1977 6.3 6.2 5.6 4.9 5.2 5.8 7.1 7.2 6.3 6.5 5.8 5.2 6.6 5.9 6.1 6.6 7.4 7.3 6.9 6.6 5.9 6.9 7.3 7.5 7.0 6.4 6.0 5.6 5.9 4.2 3.1 3.1 4.0 2.3 1.9 2.1 0.7 1.5 0.2 -0.8 -1.7 -0.6 -2.5 -3.4 -2.0 -2.1 -4.1 -7.5 -3.6 9.6 1.4 -13.0 1978
1978 6.2 6.0 5.4 4.8 5.1 5.7 6.9 7.0 6.1 6.3 5.6 5.0 6.3 5.7 5.9 6.3 7.1 7.0 6.6 6.4 5.6 6.6 7.0 7.1 6.7 6.1 5.7 5.3 5.5 3.9 2.9 2.8 3.7 2.1 1.7 1.8 0.6 1.3 0.1 -0.9 -1.8 -0.7 -2.5 -3.3 -2.0 -2.1 -3.8 -6.6 -3.3 6.5 0.1 -7.8 -2.2 1979
1979 6.1 6.0 5.4 4.8 5.1 5.6 6.8 6.9 6.1 6.3 5.6 5.0 6.3 5.7 5.8 6.3 7.1 7.0 6.6 6.3 5.6 6.6 6.9 7.0 6.6 6.0 5.6 5.2 5.5 3.9 2.9 2.9 3.7 2.2 1.8 2.0 0.8 1.5 0.4 -0.6 -1.3 -0.3 -1.9 -2.6 -1.4 -1.4 -2.8 -5.1 -2.1 6.1 1.2 -3.8 1.1 4.5 1980
1980 6.3 6.2 5.6 5.0 5.3 5.9 7.0 7.1 6.3 6.5 5.8 5.3 6.5 5.9 6.1 6.6 7.3 7.2 6.9 6.6 5.9 6.9 7.2 7.3 6.9 6.4 6.0 5.7 5.9 4.4 3.5 3.5 4.3 2.9 2.5 2.7 1.6 2.3 1.3 0.5 -0.1 0.8 -0.5 -1.0 0.2 0.4 -0.7 -2.5 0.5 8.0 4.3 1.1 6.3 10.9 17.7 1981
1981 6.0 5.8 5.3 4.6 4.9 5.5 6.6 6.7 5.9 6.1 5.4 4.8 6.1 5.5 5.6 6.0 6.8 6.7 6.3 6.0 5.4 6.3 6.5 6.7 6.2 5.7 5.4 5.0 5.2 3.7 2.8 2.8 3.5 2.1 1.8 1.9 0.8 1.4 0.5 -0.4 -1.0 -0.1 -1.4 -2.0 -0.9 -0.9 -2.0 -3.7 -1.2 4.8 1.3 -1.8 1.2 2.4 1.4 -12.7 1982
1982 6.1 6.0 5.5 4.9 5.1 5.7 6.8 6.9 6.1 6.3 5.6 5.1 6.3 5.7 5.9 6.3 7.0 6.9 6.6 6.3 5.6 6.5 6.8 7.0 6.6 6.0 5.7 5.3 5.6 4.2 3.3 3.3 4.0 2.7 2.4 2.6 1.6 2.2 1.3 0.5 0.0 0.9 -0.3 -0.8 0.3 0.5 -0.4 -1.8 0.6 6.2 3.4 1.1 4.2 5.9 6.3 1.0 16.9 1983
1983 6.3 6.2 5.7 5.1 5.4 5.9 7.0 7.1 6.3 6.5 5.9 5.4 6.5 6.0 6.1 6.5 7.3 7.2 6.8 6.6 6.0 6.8 7.1 7.3 6.9 6.4 6.1 5.7 6.0 4.6 3.8 3.8 4.5 3.3 3.0 3.2 2.3 2.9 2.0 1.4 0.9 1.8 0.7 0.4 1.5 1.7 1.0 -0.2 2.3 7.5 5.1 3.4 6.4 8.2 9.1 6.4 17.5 18.0 1984
1984 6.3 6.1 5.6 5.0 5.3 5.8 6.9 7.0 6.2 6.4 5.8 5.3 6.4 5.9 6.0 6.4 7.1 7.1 6.7 6.5 5.9 6.7 7.0 7.1 6.7 6.3 6.0 5.6 5.9 4.5 3.7 3.7 4.4 3.2 3.0 3.1 2.3 2.8 2.1 1.4 1.0 1.8 0.8 0.5 1.5 1.8 1.1 0.0 2.3 6.9 4.8 3.2 5.8 7.2 7.7 5.4 12.2 9.9 2.2 1985
1985 6.6 6.5 6.0 5.4 5.7 6.2 7.2 7.3 6.6 6.8 6.2 5.7 6.8 6.3 6.5 6.9 7.6 7.5 7.2 6.9 6.4 7.2 7.5 7.6 7.3 6.8 6.5 6.2 6.5 5.2 4.4 4.5 5.2 4.0 3.8 4.0 3.2 3.8 3.1 2.5 2.2 3.0 2.1 1.9 3.0 3.3 2.8 1.9 4.1 8.6 6.8 5.7 8.3 9.8 10.8 9.4 15.8 15.4 14.1 27.3 1986
1986 6.7 6.6 6.1 5.6 5.8 6.4 7.4 7.5 6.8 7.0 6.4 5.9 7.0 6.5 6.7 7.1 7.8 7.7 7.4 7.2 6.6 7.4 7.7 7.9 7.5 7.1 6.8 6.5 6.8 5.6 4.8 4.9 5.6 4.5 4.3 4.5 3.7 4.3 3.7 3.2 2.8 3.7 2.9 2.7 3.8 4.1 3.7 2.9 5.1 9.3 7.7 6.8 9.2 10.7 11.7 10.7 16.1 15.8 15.1 22.2 17.2 1987
1987 6.6 6.5 6.1 5.5 5.8 6.3 7.3 7.4 6.7 6.9 6.3 5.8 6.9 6.4 6.6 6.9 7.6 7.6 7.2 7.0 6.5 7.3 7.5 7.7 7.3 6.9 6.6 6.4 6.6 5.4 4.7 4.7 5.4 4.4 4.2 4.4 3.6 4.2 3.5 3.1 2.7 3.6 2.8 2.6 3.6 3.9 3.5 2.8 4.8 8.6 7.1 6.2 8.3 9.6 10.2 9.2 13.4 12.7 11.3 14.6 8.7 0.8 1988
1988 6.7 6.6 6.1 5.6 5.9 6.4 7.4 7.5 6.8 7.0 6.4 5.9 7.0 6.5 6.7 7.0 7.7 7.6 7.3 7.1 6.6 7.4 7.6 7.8 7.5 7.0 6.8 6.5 6.7 5.6 4.9 5.0 5.6 4.6 4.4 4.6 3.9 4.5 3.9 3.4 3.1 3.9 3.2 3.1 4.0 4.3 4.0 3.3 5.2 8.9 7.5 6.7 8.7 9.8 10.4 9.5 13.1 12.5 11.4 13.9 9.7 6.2 11.9 1989
1989 7.0 6.9 6.4 5.9 6.2 6.7 7.7 7.8 7.1 7.3 6.7 6.3 7.3 6.9 7.0 7.4 8.0 8.0 7.7 7.5 7.0 7.8 8.0 8.2 7.9 7.5 7.2 7.0 7.2 6.1 5.5 5.5 6.2 5.2 5.1 5.3 4.6 5.2 4.6 4.2 4.0 4.8 4.1 4.0 5.0 5.4 5.1 4.5 6.4 9.9 8.7 8.0 10.0 11.2 11.8 11.2 14.6 14.3 13.7 16.1 13.5 12.3 18.6 25.7 1990
1990 6.7 6.6 6.2 5.6 5.9 6.4 7.4 7.4 6.8 7.0 6.4 6.0 7.0 6.5 6.7 7.0 7.7 7.6 7.3 7.1 6.6 7.4 7.6 7.7 7.4 7.0 6.8 6.5 6.8 5.7 5.0 5.1 5.7 4.8 4.6 4.8 4.1 4.7 4.1 3.7 3.4 4.2 3.5 3.4 4.3 4.6 4.3 3.7 5.5 8.6 7.4 6.7 8.4 9.4 9.8 9.0 11.8 11.1 10.2 11.6 8.7 6.6 8.7 7.1 -8.7 1991
1991 7.0 6.9 6.5 5.9 6.2 6.7 7.7 7.7 7.1 7.3 6.7 6.3 7.3 6.9 7.0 7.4 8.0 8.0 7.7 7.5 7.0 7.8 8.0 8.2 7.9 7.5 7.3 7.0 7.2 6.2 5.6 5.6 6.3 5.4 5.2 5.4 4.8 5.3 4.8 4.5 4.2 5.0 4.4 4.3 5.2 5.6 5.3 4.8 6.5 9.6 8.6 7.9 9.6 10.6 11.1 10.5 13.2 12.8 12.1 13.6 11.5 10.4 12.9 13.3 7.5 26.6 1992
1992 7.0 6.9 6.4 5.9 6.2 6.7 7.6 7.7 7.1 7.2 6.7 6.3 7.3 6.8 7.0 7.3 8.0 7.9 7.6 7.4 7.0 7.7 7.9 8.1 7.8 7.4 7.2 6.9 7.2 6.2 5.6 5.6 6.2 5.3 5.2 5.4 4.8 5.3 4.8 4.5 4.3 5.0 4.4 4.3 5.2 5.5 5.3 4.8 6.4 9.3 8.3 7.7 9.3 10.2 10.6 10.0 12.4 11.9 11.3 12.4 10.5 9.4 11.2 11.0 6.5 15.1 4.6 1993
1993 7.0 6.9 6.5 5.9 6.2 6.7 7.6 7.7 7.1 7.2 6.7 6.3 7.3 6.8 7.0 7.3 7.9 7.9 7.6 7.4 7.0 7.7 7.9 8.0 7.8 7.4 7.2 6.9 7.2 6.2 5.6 5.7 6.2 5.4 5.3 5.4 4.9 5.4 4.9 4.6 4.4 5.1 4.5 4.5 5.3 5.6 5.4 4.9 6.5 9.2 8.3 7.7 9.1 9.9 10.3 9.8 11.9 11.5 10.8 11.8 10.0 9.1 10.5 10.2 6.7 12.4 5.9 7.1 1994
1994 6.9 6.8 6.3 5.8 6.1 6.5 7.4 7.5 6.9 7.1 6.6 6.2 7.1 6.7 6.8 7.2 7.8 7.7 7.4 7.3 6.8 7.5 7.7 7.8 7.6 7.2 7.0 6.7 7.0 6.0 5.4 5.5 6.0 5.2 5.1 5.2 4.7 5.2 4.7 4.4 4.2 4.8 4.3 4.2 5.0 5.3 5.1 4.6 6.1 8.7 7.7 7.2 8.5 9.2 9.5 9.0 10.8 10.3 9.7 10.4 8.7 7.7 8.7 8.2 5.0 8.8 3.4 2.8 -1.3 1995
1995 7.2 7.1 6.7 6.2 6.5 6.9 7.8 7.9 7.3 7.5 7.0 6.6 7.5 7.1 7.3 7.6 8.2 8.2 7.9 7.7 7.3 8.0 8.2 8.3 8.1 7.7 7.5 7.3 7.5 6.6 6.1 6.1 6.7 5.9 5.8 6.0 5.4 5.9 5.5 5.2 5.0 5.7 5.2 5.2 6.0 6.3 6.1 5.8 7.2 9.8 8.9 8.4 9.8 10.5 10.9 10.5 12.4 12.0 11.5 12.4 11.0 10.4 11.6 11.6 9.4 13.4 10.4 12.4 15.1 34.2 1996
1996 7.4 7.3 6.9 6.4 6.6 7.1 8.0 8.1 7.5 7.7 7.2 6.8 7.7 7.3 7.5 7.8 8.4 8.3 8.1 7.9 7.5 8.2 8.4 8.6 8.3 8.0 7.8 7.6 7.8 6.9 6.4 6.4 7.0 6.2 6.1 6.3 5.8 6.3 5.9 5.6 5.5 6.1 5.7 5.7 6.5 6.8 6.6 6.3 7.7 10.2 9.4 9.0 10.3 11.0 11.4 11.0 12.8 12.5 12.1 13.0 11.7 11.2 12.4 12.5 10.7 14.3 12.0 14.0 16.4 26.4 19.0 1997
1997 7.7 7.6 7.2 6.7 7.0 7.4 8.3 8.4 7.8 8.0 7.5 7.1 8.1 7.7 7.8 8.2 8.8 8.7 8.5 8.3 7.9 8.6 8.8 9.0 8.7 8.4 8.2 8.0 8.3 7.4 6.9 7.0 7.5 6.8 6.7 6.9 6.4 6.9 6.6 6.3 6.2 6.9 6.4 6.5 7.3 7.6 7.5 7.2 8.6 11.0 10.3 9.9 11.2 12.0 12.4 12.1 13.9 13.7 13.4 14.3 13.2 12.9 14.2 14.4 13.1 16.6 15.0 17.2 19.9 27.9 24.9 31.1 1998
1998 7.9 7.8 7.4 7.0 7.2 7.7 8.6 8.6 8.1 8.3 7.8 7.4 8.4 8.0 8.1 8.5 9.0 9.0 8.8 8.6 8.2 8.9 9.2 9.3 9.1 8.8 8.6 8.4 8.6 7.8 7.3 7.4 8.0 7.2 7.2 7.4 6.9 7.4 7.1 6.8 6.7 7.4 7.0 7.1 7.9 8.2 8.1 7.9 9.3 11.6 10.9 10.6 11.9 12.7 13.1 12.9 14.6 14.4 14.2 15.1 14.2 14.0 15.2 15.6 14.5 17.8 16.6 18.7 21.2 27.6 25.5 28.8 26.5 1999
1999 8.0 8.0 7.6 7.1 7.4 7.8 8.7 8.8 8.2 8.4 7.9 7.6 8.5 8.1 8.3 8.6 9.2 9.2 8.9 8.8 8.4 9.1 9.3 9.5 9.2 8.9 8.8 8.6 8.8 8.0 7.5 7.6 8.2 7.5 7.4 7.7 7.2 7.7 7.4 7.1 7.1 7.7 7.4 7.4 8.2 8.5 8.5 8.2 9.6 11.9 11.2 10.9 12.2 12.9 13.3 13.1 14.8 14.6 14.4 15.3 14.5 14.3 15.5 15.8 14.8 17.8 16.8 18.6 20.6 25.6 23.5 25.1 22.1 17.9 2000
2000 7.7 7.7 7.3 6.8 7.1 7.5 8.4 8.4 7.9 8.1 7.6 7.2 8.2 7.8 7.9 8.2 8.8 8.8 8.5 8.4 8.0 8.6 8.9 9.0 8.8 8.5 8.3 8.1 8.3 7.5 7.1 7.1 7.7 7.0 6.9 7.1 6.7 7.1 6.8 6.6 6.5 7.1 6.7 6.7 7.5 7.8 7.7 7.4 8.7 10.8 10.2 9.9 11.0 11.6 12.0 11.7 13.2 12.9 12.7 13.3 12.5 12.1 13.1 13.2 12.1 14.4 13.1 14.2 15.3 18.3 15.4 14.5 9.5 1.8 -12.1 2001
2001 7.4 7.4 7.0 6.5 6.7 7.2 8.0 8.1 7.5 7.7 7.2 6.9 7.8 7.4 7.5 7.9 8.4 8.3 8.1 8.0 7.6 8.2 8.4 8.5 8.3 8.0 7.8 7.6 7.8 7.0 6.6 6.6 7.1 6.5 6.4 6.6 6.1 6.6 6.2 6.0 5.9 6.5 6.1 6.1 6.8 7.0 6.9 6.6 7.8 9.8 9.2 8.8 9.9 10.4 10.7 10.4 11.7 11.4 11.0 11.6 10.7 10.2 10.9 10.9 9.7 11.6 10.2 10.8 11.3 13.2 10.0 8.3 3.3 -3.5 -12.7 -13.2 2002
2002 6.9 6.9 6.5 6.0 6.3 6.7 7.5 7.6 7.0 7.2 6.7 6.3 7.2 6.8 6.9 7.2 7.8 7.7 7.5 7.3 6.9 7.5 7.7 7.8 7.6 7.3 7.1 6.9 7.1 6.3 5.8 5.9 6.3 5.7 5.6 5.7 5.3 5.7 5.3 5.1 4.9 5.5 5.1 5.0 5.7 5.9 5.7 5.5 6.5 8.4 7.7 7.3 8.2 8.7 8.9 8.5 9.6 9.3 8.8 9.2 8.2 7.7 8.2 7.9 6.7 8.1 6.5 6.7 6.7 7.7 4.4 2.1 -2.8 -9.1 -16.6 -18.7 -23.9 2003
2003 7.2 7.1 6.7 6.3 6.5 6.9 7.7 7.8 7.3 7.4 7.0 6.6 7.5 7.1 7.2 7.5 8.0 8.0 7.8 7.6 7.2 7.8 8.0 8.1 7.9 7.6 7.4 7.3 7.4 6.7 6.2 6.3 6.7 6.1 6.0 6.1 5.7 6.1 5.8 5.5 5.4 6.0 5.6 5.6 6.2 6.5 6.3 6.1 7.1 9.0 8.3 8.0 8.9 9.4 9.6 9.2 10.3 10.0 9.7 10.1 9.2 8.7 9.2 9.1 8.0 9.4 8.0 8.4 8.5 9.6 6.9 5.3 1.5 -2.9 -7.5 -5.9 -2.0 26.3 2004
2004 7.2 7.1 6.7 6.3 6.5 6.9 7.7 7.8 7.3 7.4 7.0 6.6 7.5 7.1 7.2 7.5 8.0 8.0 7.8 7.6 7.2 7.8 8.0 8.1 7.9 7.6 7.4 7.3 7.4 6.7 6.2 6.3 6.7 6.1 6.0 6.2 5.8 6.2 5.8 5.6 5.5 6.0 5.7 5.6 6.3 6.5 6.4 6.1 7.1 8.9 8.3 8.0 8.8 9.3 9.5 9.2 10.2 9.9 9.6 9.9 9.1 8.6 9.1 9.0 7.9 9.2 8.0 8.3 8.4 9.4 7.0 5.5 2.3 -1.2 -4.7 -2.7 1.1 16.5 7.4 2005
2005 7.1 7.0 6.7 6.2 6.4 6.8 7.6 7.7 7.2 7.3 6.9 6.6 7.4 7.0 7.1 7.4 7.9 7.9 7.7 7.5 7.1 7.7 7.9 8.0 7.8 7.5 7.3 7.1 7.3 6.6 6.1 6.2 6.6 6.0 5.9 6.1 5.7 6.0 5.7 5.5 5.4 5.9 5.5 5.5 6.1 6.3 6.2 6.0 7.0 8.7 8.1 7.7 8.6 9.0 9.2 8.8 9.8 9.5 9.2 9.5 8.7 8.3 8.7 8.5 7.5 8.7 7.5 7.7 7.8 8.7 6.4 5.1 2.2 -0.9 -3.7 -1.9 1.2 11.2 4.4 1.4 2006
2006 7.2 7.1 6.7 6.3 6.5 6.9 7.7 7.8 7.3 7.4 7.0 6.6 7.5 7.1 7.2 7.5 8.0 8.0 7.7 7.6 7.2 7.8 8.0 8.1 7.9 7.6 7.4 7.2 7.4 6.7 6.3 6.3 6.8 6.1 6.1 6.2 5.8 6.2 5.9 5.7 5.6 6.1 5.7 5.7 6.3 6.5 6.4 6.2 7.1 8.8 8.2 7.9 8.7 9.1 9.3 9.0 10.0 9.7 9.3 9.7 8.9 8.5 8.9 8.7 7.8 9.0 7.9 8.1 8.2 9.0 7.0 5.8 3.4 0.8 -1.5 0.4 3.4 11.6 7.1 7.0 12.9 2007
2007 7.1 7.0 6.7 6.2 6.5 6.9 7.6 7.7 7.2 7.3 6.9 6.6 7.4 7.0 7.1 7.4 7.9 7.8 7.6 7.5 7.1 7.7 7.9 8.0 7.7 7.5 7.3 7.1 7.3 6.6 6.2 6.2 6.6 6.0 6.0 6.1 5.7 6.1 5.8 5.6 5.5 5.9 5.6 5.6 6.2 6.4 6.3 6.0 7.0 8.6 8.0 7.7 8.5 8.8 9.0 8.7 9.6 9.3 9.0 9.3 8.5 8.1 8.5 8.3 7.5 8.5 7.4 7.6 7.7 8.4 6.5 5.4 3.2 0.8 -1.1 0.6 3.1 9.5 5.7 5.1 7.0 1.4 2008
2008 6.4 6.3 6.0 5.6 5.8 6.1 6.9 6.9 6.4 6.5 6.1 5.8 6.6 6.2 6.3 6.6 7.0 7.0 6.8 6.6 6.2 6.8 6.9 7.0 6.8 6.5 6.3 6.1 6.3 5.5 5.1 5.1 5.5 4.9 4.8 5.0 4.6 4.9 4.6 4.3 4.2 4.6 4.3 4.2 4.8 4.9 4.8 4.5 5.4 6.8 6.2 5.9 6.6 6.9 7.0 6.6 7.4 7.0 6.6 6.8 6.0 5.5 5.7 5.4 4.5 5.3 4.1 4.1 3.9 4.3 2.3 1.0 -1.4 -3.8 -6.0 -5.2 -3.9 -0.1 -4.7 -7.5 -10.4 -20.1 -37.1 2009
2009 6.6 6.5 6.2 5.8 6.0 6.3 7.1 7.1 6.6 6.8 6.3 6.0 6.8 6.4 6.5 6.8 7.2 7.2 7.0 6.8 6.5 7.0 7.2 7.2 7.0 6.7 6.6 6.4 6.6 5.8 5.4 5.5 5.9 5.3 5.2 5.3 4.9 5.2 4.9 4.7 4.6 5.0 4.7 4.7 5.2 5.4 5.2 5.0 5.8 7.3 6.7 6.4 7.1 7.4 7.5 7.1 7.9 7.6 7.2 7.4 6.7 6.2 6.5 6.2 5.3 6.1 5.1 5.1 5.0 5.4 3.6 2.5 0.5 -1.6 -3.4 -2.4 -0.9 2.9 -0.6 -2.1 -3.0 -7.7 -12.0 23.1 2010
2010 6.7 6.6 6.3 5.8 6.0 6.4 7.1 7.2 6.7 6.8 6.4 6.1 6.9 6.5 6.6 6.9 7.3 7.3 7.1 6.9 6.6 7.1 7.3 7.3 7.1 6.9 6.7 6.5 6.7 6.0 5.6 5.6 6.0 5.4 5.3 5.5 5.1 5.4 5.1 4.9 4.8 5.2 4.9 4.9 5.4 5.5 5.4 5.2 6.0 7.4 6.9 6.6 7.2 7.5 7.6 7.3 8.1 7.8 7.4 7.6 6.9 6.5 6.8 6.5 5.7 6.5 5.5 5.6 5.5 5.9 4.3 3.3 1.4 -0.5 -2.0 -0.9 0.6 4.1 1.3 0.3 0.1 -2.9 -4.2 18.1 13.4 2011
2011 6.6 6.5 6.2 5.8 6.0 6.3 7.0 7.1 6.6 6.7 6.3 6.0 6.8 6.4 6.5 6.8 7.2 7.2 7.0 6.8 6.5 7.0 7.1 7.2 7.0 6.7 6.6 6.4 6.5 5.8 5.4 5.5 5.9 5.3 5.2 5.3 5.0 5.3 5.0 4.8 4.7 5.1 4.8 4.7 5.2 5.4 5.3 5.0 5.8 7.2 6.7 6.4 7.0 7.3 7.4 7.1 7.8 7.5 7.1 7.3 6.6 6.2 6.4 6.2 5.4 6.1 5.2 5.2 5.1 5.5 3.9 3.0 1.2 -0.5 -1.9 -0.9 0.4 3.6 1.0 0.2 0.0 -2.5 -3.4 11.4 6.0 -0.8 2012
2012 6.7 6.6 6.3 5.9 6.0 6.4 7.1 7.2 6.7 6.8 6.4 6.1 6.9 6.5 6.6 6.9 7.3 7.3 7.1 6.9 6.6 7.1 7.2 7.3 7.1 6.8 6.7 6.5 6.7 6.0 5.6 5.6 6.0 5.5 5.4 5.5 5.1 5.4 5.2 5.0 4.8 5.3 5.0 4.9 5.4 5.6 5.5 5.2 6.0 7.4 6.9 6.6 7.2 7.5 7.6 7.3 8.0 7.7 7.4 7.5 6.9 6.5 6.7 6.5 5.8 6.5 5.6 5.6 5.6 6.0 4.5 3.7 2.0 0.5 -0.7 0.3 1.6 4.6 2.4 1.8 1.9 0.1 -0.1 12.1 8.6 6.3 14.0 2013
2013 6.9 6.8 6.5 6.1 6.3 6.7 7.4 7.4 7.0 7.1 6.7 6.4 7.1 6.8 6.9 7.2 7.6 7.6 7.4 7.2 6.9 7.4 7.5 7.6 7.4 7.2 7.0 6.9 7.0 6.4 6.0 6.0 6.4 5.9 5.8 5.9 5.6 5.9 5.6 5.4 5.3 5.8 5.5 5.4 5.9 6.1 6.0 5.8 6.6 7.9 7.4 7.2 7.8 8.1 8.2 7.9 8.6 8.4 8.1 8.3 7.6 7.3 7.6 7.4 6.7 7.4 6.6 6.7 6.7 7.1 5.8 5.1 3.6 2.3 1.2 2.3 3.7 6.7 4.9 4.6 5.0 4.0 4.4 15.5 13.7 13.8 21.9 30.4 2014
2014 7.0 6.9 6.6 6.2 6.4 6.7 7.4 7.5 7.0 7.2 6.8 6.5 7.2 6.9 7.0 7.2 7.7 7.6 7.4 7.3 7.0 7.5 7.6 7.7 7.5 7.3 7.1 7.0 7.1 6.5 6.1 6.1 6.5 6.0 5.9 6.0 5.7 6.0 5.7 5.6 5.5 5.9 5.6 5.6 6.1 6.3 6.2 5.9 6.7 8.0 7.6 7.3 7.9 8.2 8.3 8.0 8.7 8.5 8.2 8.4 7.8 7.5 7.7 7.6 6.9 7.6 6.9 7.0 7.0 7.4 6.2 5.5 4.1 2.9 2.0 3.0 4.4 7.2 5.6 5.4 5.9 5.0 5.6 15.1 13.5 13.6 18.8 21.3 12.8 2015
2015 6.9 6.8 6.5 6.1 6.3 6.7 7.4 7.4 7.0 7.1 6.7 6.4 7.1 6.8 6.9 7.1 7.6 7.5 7.3 7.2 6.9 7.4 7.5 7.6 7.4 7.2 7.0 6.9 7.0 6.4 6.0 6.0 6.4 5.9 5.8 5.9 5.6 5.9 5.6 5.5 5.4 5.8 5.5 5.5 6.0 6.1 6.0 5.8 6.6 7.8 7.4 7.1 7.7 8.0 8.1 7.8 8.5 8.3 8.0 8.2 7.6 7.2 7.5 7.3 6.7 7.3 6.6 6.7 6.7 7.1 5.9 5.2 3.9 2.7 1.9 2.9 4.1 6.7 5.2 5.0 5.4 4.5 4.9 12.9 11.3 10.9 14.0 14.0 6.6 0.6 2016
2016 6.9 6.9 6.5 6.2 6.4 6.7 7.4 7.4 7.0 7.1 6.7 6.4 7.1 6.8 6.9 7.2 7.6 7.6 7.4 7.2 6.9 7.4 7.6 7.6 7.4 7.2 7.1 6.9 7.0 6.4 6.1 6.1 6.5 5.9 5.9 6.0 5.7 6.0 5.7 5.5 5.5 5.9 5.6 5.6 6.0 6.2 6.1 5.9 6.6 7.9 7.4 7.2 7.8 8.0 8.1 7.9 8.5 8.3 8.0 8.2 7.6 7.3 7.6 7.4 6.8 7.4 6.7 6.8 6.8 7.2 6.1 5.4 4.2 3.1 2.3 3.3 4.5 6.9 5.5 5.4 5.7 5.0 5.5 12.5 11.1 10.7 13.1 12.9 7.6 5.1 9.7 2017
2017 7.1 7.0 6.7 6.3 6.5 6.8 7.5 7.6 7.1 7.3 6.9 6.6 7.3 7.0 7.1 7.3 7.7 7.7 7.5 7.4 7.1 7.6 7.7 7.8 7.6 7.4 7.2 7.1 7.2 6.6 6.3 6.3 6.7 6.2 6.1 6.2 5.9 6.2 6.0 5.8 5.7 6.1 5.8 5.8 6.3 6.5 6.4 6.2 6.9 8.1 7.7 7.5 8.0 8.3 8.4 8.2 8.8 8.6 8.3 8.5 8.0 7.7 7.9 7.8 7.2 7.9 7.2 7.3 7.3 7.7 6.6 6.1 4.9 3.9 3.2 4.2 5.4 7.7 6.5 6.4 6.8 6.3 6.8 13.2 12.1 11.9 14.1 14.2 10.4 9.6 14.4 19.3 2018
2018 6.9 6.8 6.5 6.2 6.3 6.7 7.3 7.4 7.0 7.1 6.7 6.4 7.1 6.8 6.9 7.1 7.5 7.5 7.3 7.2 6.9 7.3 7.5 7.6 7.4 7.2 7.0 6.9 7.0 6.4 6.0 6.1 6.4 5.9 5.9 6.0 5.7 6.0 5.7 5.6 5.5 5.9 5.6 5.6 6.0 6.2 6.1 5.9 6.6 7.8 7.4 7.1 7.7 7.9 8.0 7.8 8.4 8.2 7.9 8.1 7.5 7.2 7.4 7.3 6.7 7.3 6.7 6.7 6.7 7.1 6.0 5.5 4.4 3.4 2.7 3.6 4.6 6.8 5.6 5.4 5.7 5.2 5.5 11.1 9.9 9.4 11.0 10.5 6.9 5.4 7.1 5.8 -6.2
1926 1927 1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
1926
1926 4.4 1927
1927 5.0 5.5 1928
1928
1929
4.9
4.7
5.1
4.8
4.8
4.5
1929
4.1 1930
One-Month US Treasury Bills
1930 5.6 5.9 6.1 6.7 9.4 1931 1926–2018: Real Returns (%) (Inflation Adjusted)
1931 6.6 7.0 7.4 8.3 10.4 11.5 1932
1932 7.4 7.9 8.4 9.3 11.1 12.0 12.5 1933
1933 6.4 6.7 6.9 7.3 8.1 7.7 5.8 -0.5 1934
1934 5.5 5.6 5.7 5.8 6.1 5.3 3.4 -0.9 -1.3 1935 Growth of $1
$100,000
1935 4.7 4.7 4.6 4.5 4.6 3.7 1.8 -1.5 -2.0 -2.7 1936
1936 4.1 4.1 3.9 3.8 3.8 2.8 1.2 -1.4 -1.8 -2.0 -1.3 1937
$10,000
1937 3.5 3.5 3.3 3.1 3.0 2.1 0.6 -1.7 -2.0 -2.2 -1.9 -2.5 1938
1938 3.5 3.4 3.2 3.1 2.9 2.2 0.9 -0.9 -1.0 -0.9 -0.3 0.1 2.8 1939
$1,000
1939 3.2 3.1 2.9 2.8 2.6 1.9 0.8 -0.8 -0.8 -0.7 -0.2 0.1 1.4 0.0 1940
1940 3.0 2.9 2.7 2.5 2.3 1.7 0.6 -0.8 -0.8 -0.7 -0.3 -0.1 0.7 -0.3 -0.7 1941
1941 2.2 2.0 1.8 1.6 1.3 0.6 -0.4 -1.7 -1.9 -2.0 -1.8 -1.9 -1.8 -3.3 -4.9 -9.0 1942 $100
1942 1.5 1.4 1.1 0.8 0.6 -0.1 -1.1 -2.4 -2.6 -2.7 -2.7 -3.0 -3.1 -4.5 -6.0 -8.5 -8.0 1943
1943 1.3 1.1 0.9 0.6 0.4 -0.3 -1.2 -2.4 -2.6 -2.7 -2.7 -2.9 -3.0 -4.1 -5.1 -6.6 -5.3 -2.5 1944 $10
$1.51
1944 1.1 1.0 0.7 0.4 0.2 -0.4 -1.3 -2.3 -2.5 -2.6 -2.6 -2.8 -2.8 -3.8 -4.5 -5.4 -4.2 -2.2 -1.9 1945
1945 1.0 0.8 0.6 0.3 0.1 -0.5 -1.3 -2.3 -2.5 -2.6 -2.6 -2.7 -2.7 -3.5 -4.1 -4.7 -3.6 -2.1 -1.9 -1.9 1946 $1
1946 0.2 -0.1 -0.3 -0.6 -0.9 -1.5 -2.3 -3.3 -3.5 -3.7 -3.8 -4.0 -4.2 -5.0 -5.7 -6.5 -6.0 -5.5 -6.5 -8.7 -15.0 1947
1947 -0.2 -0.4 -0.7 -1.0 -1.3 -1.9 -2.6 -3.6 -3.8 -4.0 -4.1 -4.3 -4.5 -5.3 -6.0 -6.7 -6.3 -6.0 -6.8 -8.4 -11.4 -7.7 1948 $0
1948 -0.3 -0.5 -0.8 -1.1 -1.3 -1.9 -2.6 -3.5 -3.7 -3.9 -3.9 -4.2 -4.3 -5.0 -5.5 -6.1 -5.7 -5.3 -5.9 -6.8 -8.4 -4.9 -2.1 1949 1926 2018
1949 -0.1 -0.3 -0.6 -0.9 -1.1 -1.6 -2.3 -3.1 -3.3 -3.4 -3.4 -3.6 -3.7 -4.3 -4.7 -5.1 -4.6 -4.1 -4.4 -4.9 -5.6 -2.3 0.5 3.2 1950 See Sources and Descriptions of Data.
1950 -0.3 -0.5 -0.8 -1.0 -1.3 -1.8 -2.4 -3.2 -3.3 -3.5 -3.5 -3.7 -3.8 -4.3 -4.7 -5.1 -4.6 -4.2 -4.4 -4.8 -5.4 -2.8 -1.2 -0.7 -4.5 1951
1951 -0.5 -0.7 -0.9 -1.2 -1.4 -1.9 -2.5 -3.2 -3.4 -3.5 -3.6 -3.7 -3.8 -4.3 -4.6 -5.0 -4.6 -4.2 -4.4 -4.7 -5.2 -3.1 -1.9 -1.9 -4.4 -4.3 1952
1952 -0.4 -0.6 -0.8 -1.1 -1.3 -1.8 -2.3 -3.0 -3.2 -3.3 -3.3 -3.4 -3.5 -3.9 -4.2 -4.5 -4.1 -3.7 -3.8 -4.1 -4.4 -2.5 -1.4 -1.2 -2.6 -1.7 0.9 1953
1953 -0.4 -0.6 -0.8 -1.0 -1.2 -1.6 -2.2 -2.8 -3.0 -3.0 -3.1 -3.2 -3.2 -3.6 -3.9 -4.1 -3.7 -3.3 -3.3 -3.5 -3.7 -2.0 -1.0 -0.8 -1.7 -0.8 1.0 1.1 1954
1954 -0.3 -0.5 -0.7 -0.9 -1.1 -1.5 -2.0 -2.6 -2.7 -2.8 -2.8 -2.9 -2.9 -3.3 -3.5 -3.7 -3.3 -2.9 -2.9 -3.0 -3.1 -1.5 -0.6 -0.4 -1.1 -0.2 1.2 1.3 1.6 1955
1955 -0.3 -0.4 -0.6 -0.8 -1.0 -1.4 -1.9 -2.5 -2.6 -2.6 -2.6 -2.7 -2.7 -3.0 -3.2 -3.4 -3.0 -2.6 -2.6 -2.6 -2.7 -1.2 -0.4 -0.1 -0.7 0.1 1.2 1.3 1.4 1.2 1956
1956 -0.3 -0.4 -0.6 -0.8 -1.0 -1.4 -1.8 -2.4 -2.5 -2.5 -2.5 -2.6 -2.6 -2.9 -3.1 -3.2 -2.8 -2.4 -2.4 -2.5 -2.5 -1.2 -0.4 -0.2 -0.7 0.0 0.9 0.8 0.8 0.3 -0.5 1957
1957 -0.3 -0.4 -0.6 -0.8 -0.9 -1.3 -1.8 -2.3 -2.4 -2.4 -2.4 -2.5 -2.5 -2.7 -2.9 -3.0 -2.6 -2.2 -2.2 -2.2 -2.3 -1.0 -0.3 -0.1 -0.6 0.0 0.7 0.7 0.6 0.3 -0.1 0.2 1958
1958 -0.3 -0.4 -0.6 -0.8 -0.9 -1.3 -1.7 -2.2 -2.3 -2.3 -2.3 -2.4 -2.4 -2.6 -2.7 -2.9 -2.5 -2.1 -2.1 -2.1 -2.1 -1.0 -0.3 -0.1 -0.5 0.0 0.6 0.6 0.5 0.2 -0.2 0.0 -0.2 1959
1959 -0.2 -0.3 -0.5 -0.7 -0.8 -1.2 -1.6 -2.1 -2.2 -2.2 -2.2 -2.2 -2.2 -2.4 -2.5 -2.6 -2.3 -1.9 -1.9 -1.9 -1.9 -0.8 -0.2 0.0 -0.3 0.1 0.7 0.7 0.6 0.4 0.2 0.4 0.5 1.2 1960
1960 -0.2 -0.3 -0.5 -0.6 -0.8 -1.1 -1.5 -2.0 -2.0 -2.1 -2.0 -2.1 -2.0 -2.3 -2.4 -2.5 -2.1 -1.8 -1.7 -1.7 -1.7 -0.6 -0.1 0.1 -0.2 0.2 0.7 0.7 0.7 0.5 0.4 0.6 0.8 1.2 1.3 1961
1961 -0.1 -0.2 -0.4 -0.6 -0.7 -1.0 -1.4 -1.9 -1.9 -1.9 -1.9 -1.9 -1.9 -2.1 -2.2 -2.3 -1.9 -1.6 -1.5 -1.5 -1.5 -0.5 0.0 0.2 -0.1 0.3 0.8 0.8 0.8 0.7 0.6 0.8 0.9 1.3 1.4 1.4 1962
1962 -0.1 -0.2 -0.4 -0.5 -0.6 -0.9 -1.3 -1.8 -1.8 -1.8 -1.8 -1.8 -1.8 -2.0 -2.0 -2.1 -1.8 -1.4 -1.4 -1.4 -1.3 -0.4 0.1 0.3 0.0 0.4 0.9 0.9 0.8 0.7 0.7 0.9 1.0 1.3 1.4 1.4 1.4 1963
1963 0.0 -0.2 -0.3 -0.5 -0.6 -0.9 -1.2 -1.7 -1.7 -1.7 -1.7 -1.7 -1.6 -1.8 -1.9 -2.0 -1.6 -1.3 -1.2 -1.2 -1.2 -0.3 0.2 0.4 0.1 0.5 0.9 0.9 0.9 0.8 0.8 1.0 1.1 1.4 1.4 1.4 1.4 1.4 1964
1964 0.0 -0.1 -0.2 -0.4 -0.5 -0.8 -1.1 -1.5 -1.6 -1.6 -1.5 -1.5 -1.5 -1.7 -1.7 -1.8 -1.4 -1.1 -1.1 -1.0 -1.0 -0.1 0.3 0.5 0.3 0.7 1.0 1.1 1.1 1.0 1.0 1.2 1.3 1.5 1.6 1.7 1.8 2.0 2.5 1965
1965 0.1 0.0 -0.2 -0.3 -0.4 -0.7 -1.0 -1.4 -1.4 -1.5 -1.4 -1.4 -1.4 -1.5 -1.6 -1.6 -1.3 -1.0 -0.9 -0.9 -0.8 0.0 0.4 0.6 0.4 0.7 1.1 1.1 1.1 1.1 1.1 1.3 1.4 1.6 1.7 1.8 1.8 2.0 2.3 2.0 1966
1966 0.1 0.0 -0.1 -0.3 -0.4 -0.6 -1.0 -1.3 -1.4 -1.4 -1.3 -1.3 -1.3 -1.4 -1.5 -1.5 -1.2 -0.9 -0.8 -0.8 -0.7 0.0 0.5 0.6 0.5 0.8 1.1 1.1 1.1 1.1 1.1 1.3 1.4 1.6 1.6 1.7 1.7 1.8 1.9 1.6 1.3 1967
1967 0.1 0.0 -0.1 -0.2 -0.3 -0.6 -0.9 -1.3 -1.3 -1.3 -1.2 -1.2 -1.2 -1.3 -1.4 -1.4 -1.1 -0.8 -0.8 -0.7 -0.6 0.1 0.5 0.6 0.5 0.8 1.1 1.1 1.1 1.1 1.1 1.2 1.3 1.5 1.6 1.6 1.6 1.7 1.7 1.5 1.2 1.1 1968
1968 0.1 0.0 -0.1 -0.2 -0.3 -0.6 -0.9 -1.2 -1.2 -1.2 -1.2 -1.2 -1.2 -1.3 -1.3 -1.4 -1.1 -0.8 -0.7 -0.7 -0.6 0.1 0.5 0.6 0.5 0.8 1.1 1.1 1.1 1.1 1.0 1.2 1.3 1.4 1.4 1.5 1.5 1.5 1.5 1.2 1.0 0.8 0.5 1969
1969 0.1 0.0 -0.1 -0.2 -0.3 -0.5 -0.8 -1.2 -1.2 -1.2 -1.2 -1.1 -1.1 -1.2 -1.3 -1.3 -1.0 -0.7 -0.7 -0.6 -0.6 0.1 0.5 0.6 0.5 0.8 1.0 1.0 1.0 1.0 1.0 1.1 1.2 1.3 1.3 1.3 1.3 1.3 1.3 1.0 0.8 0.7 0.4 0.4 1970
1970 0.2 0.1 -0.1 -0.2 -0.3 -0.5 -0.8 -1.1 -1.1 -1.1 -1.1 -1.1 -1.0 -1.2 -1.2 -1.2 -0.9 -0.7 -0.6 -0.6 -0.5 0.2 0.5 0.6 0.5 0.8 1.0 1.0 1.0 1.0 1.0 1.1 1.2 1.3 1.3 1.3 1.3 1.3 1.2 1.0 0.8 0.7 0.6 0.6 0.9 1971
1971 0.2 0.1 0.0 -0.1 -0.2 -0.5 -0.8 -1.1 -1.1 -1.1 -1.0 -1.0 -1.0 -1.1 -1.1 -1.1 -0.9 -0.6 -0.5 -0.5 -0.4 0.2 0.5 0.6 0.5 0.8 1.0 1.0 1.0 1.0 1.0 1.1 1.2 1.3 1.3 1.3 1.3 1.2 1.2 1.0 0.9 0.8 0.7 0.8 1.0 1.1 1972
1972 0.2 0.1 0.0 -0.1 -0.2 -0.4 -0.7 -1.0 -1.0 -1.0 -1.0 -1.0 -0.9 -1.1 -1.1 -1.1 -0.8 -0.6 -0.5 -0.5 -0.4 0.2 0.5 0.6 0.5 0.8 1.0 1.0 1.0 1.0 1.0 1.1 1.1 1.2 1.2 1.2 1.2 1.2 1.1 0.9 0.8 0.7 0.6 0.7 0.8 0.8 0.4 1973
1973 0.1 0.1 -0.1 -0.2 -0.3 -0.5 -0.7 -1.0 -1.1 -1.1 -1.0 -1.0 -1.0 -1.1 -1.1 -1.1 -0.9 -0.6 -0.6 -0.5 -0.5 0.1 0.4 0.5 0.4 0.7 0.9 0.9 0.9 0.8 0.8 0.9 0.9 1.0 1.0 1.0 0.9 0.9 0.8 0.7 0.5 0.4 0.3 0.2 0.2 0.0 -0.6 -1.6 1974
1974 0.1 0.0 -0.1 -0.2 -0.3 -0.6 -0.8 -1.1 -1.1 -1.1 -1.1 -1.1 -1.0 -1.1 -1.2 -1.2 -0.9 -0.7 -0.7 -0.6 -0.6 0.0 0.3 0.4 0.3 0.5 0.7 0.7 0.6 0.6 0.6 0.6 0.6 0.7 0.7 0.6 0.6 0.5 0.4 0.2 0.0 -0.2 -0.3 -0.5 -0.6 -1.0 -1.7 -2.8 -3.9 1975
1975 0.0 -0.1 -0.2 -0.3 -0.4 -0.6 -0.8 -1.1 -1.1 -1.1 -1.1 -1.1 -1.0 -1.1 -1.2 -1.2 -1.0 -0.7 -0.7 -0.6 -0.6 -0.1 0.2 0.3 0.2 0.4 0.6 0.6 0.6 0.5 0.5 0.5 0.6 0.6 0.6 0.5 0.4 0.4 0.3 0.1 -0.1 -0.3 -0.4 -0.6 -0.7 -1.0 -1.5 -2.2 -2.5 -1.1 1976
1976 0.0 0.0 -0.2 -0.3 -0.3 -0.5 -0.8 -1.1 -1.1 -1.1 -1.1 -1.0 -1.0 -1.1 -1.1 -1.2 -0.9 -0.7 -0.6 -0.6 -0.6 0.0 0.2 0.3 0.2 0.4 0.6 0.6 0.6 0.5 0.5 0.5 0.5 0.6 0.5 0.5 0.4 0.4 0.3 0.1 -0.1 -0.2 -0.4 -0.5 -0.6 -0.8 -1.2 -1.6 -1.6 -0.4 0.2 1977
1977 0.0 -0.1 -0.2 -0.3 -0.4 -0.6 -0.8 -1.1 -1.1 -1.1 -1.1 -1.1 -1.0 -1.1 -1.1 -1.2 -0.9 -0.7 -0.7 -0.6 -0.6 -0.1 0.2 0.3 0.1 0.3 0.5 0.5 0.5 0.4 0.4 0.4 0.4 0.5 0.4 0.4 0.3 0.2 0.2 0.0 -0.2 -0.3 -0.5 -0.6 -0.7 -0.9 -1.2 -1.6 -1.6 -0.8 -0.6 -1.5 1978
1978 0.0 -0.1 -0.2 -0.3 -0.4 -0.6 -0.8 -1.1 -1.1 -1.1 -1.1 -1.1 -1.0 -1.1 -1.2 -1.2 -1.0 -0.8 -0.7 -0.7 -0.6 -0.1 0.1 0.2 0.1 0.3 0.4 0.4 0.4 0.3 0.3 0.3 0.3 0.4 0.3 0.3 0.2 0.1 0.0 -0.1 -0.3 -0.4 -0.6 -0.7 -0.8 -1.0 -1.3 -1.6 -1.6 -1.0 -1.0 -1.6 -1.7 1979
1979 -0.1 -0.2 -0.3 -0.4 -0.4 -0.6 -0.9 -1.1 -1.2 -1.1 -1.1 -1.1 -1.1 -1.2 -1.2 -1.2 -1.0 -0.8 -0.8 -0.7 -0.7 -0.2 0.0 0.1 0.0 0.2 0.3 0.3 0.3 0.2 0.2 0.2 0.2 0.2 0.2 0.1 0.0 0.0 -0.1 -0.3 -0.5 -0.6 -0.7 -0.9 -1.0 -1.2 -1.5 -1.7 -1.8 -1.3 -1.4 -1.9 -2.1 -2.6 1980
1980 -0.1 -0.2 -0.3 -0.4 -0.5 -0.6 -0.9 -1.1 -1.2 -1.1 -1.1 -1.1 -1.1 -1.2 -1.2 -1.2 -1.0 -0.8 -0.8 -0.7 -0.7 -0.2 0.0 0.1 0.0 0.1 0.3 0.2 0.2 0.2 0.1 0.1 0.1 0.2 0.1 0.0 0.0 -0.1 -0.2 -0.4 -0.5 -0.6 -0.8 -0.9 -1.0 -1.2 -1.4 -1.7 -1.7 -1.3 -1.3 -1.7 -1.8 -1.9 -1.1 1981
1981 0.0 -0.1 -0.2 -0.3 -0.3 -0.5 -0.8 -1.0 -1.0 -1.0 -1.0 -1.0 -0.9 -1.0 -1.0 -1.1 -0.8 -0.7 -0.6 -0.6 -0.5 -0.1 0.1 0.2 0.1 0.3 0.4 0.4 0.4 0.3 0.3 0.3 0.3 0.4 0.3 0.3 0.2 0.2 0.1 0.0 -0.2 -0.3 -0.4 -0.4 -0.5 -0.6 -0.8 -0.9 -0.8 -0.4 -0.3 -0.4 -0.1 0.5 2.0 5.3 1982
1982 0.1 0.0 -0.1 -0.1 -0.2 -0.4 -0.6 -0.9 -0.9 -0.9 -0.8 -0.8 -0.8 -0.9 -0.9 -0.9 -0.7 -0.5 -0.4 -0.4 -0.4 0.1 0.3 0.4 0.3 0.5 0.6 0.6 0.6 0.6 0.5 0.6 0.6 0.6 0.6 0.6 0.5 0.5 0.4 0.3 0.2 0.2 0.1 0.1 0.0 0.0 -0.1 -0.2 0.0 0.5 0.7 0.8 1.2 1.9 3.5 5.9 6.5 1983
1983 0.2 0.1 0.0 -0.1 -0.1 -0.3 -0.5 -0.8 -0.8 -0.8 -0.7 -0.7 -0.7 -0.7 -0.8 -0.8 -0.5 -0.4 -0.3 -0.3 -0.2 0.2 0.4 0.5 0.4 0.6 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.8 0.8 0.7 0.7 0.7 0.6 0.5 0.5 0.4 0.4 0.4 0.4 0.3 0.3 0.3 0.4 0.9 1.2 1.3 1.8 2.5 3.8 5.5 5.6 4.8 1984
1984 0.3 0.2 0.1 0.0 0.0 -0.2 -0.4 -0.6 -0.6 -0.6 -0.6 -0.6 -0.5 -0.6 -0.6 -0.6 -0.4 -0.2 -0.2 -0.1 -0.1 0.4 0.6 0.7 0.6 0.7 0.9 0.9 0.9 0.9 0.9 0.9 0.9 1.0 1.0 0.9 0.9 0.9 0.9 0.8 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.9 1.4 1.7 1.9 2.3 3.0 4.2 5.6 5.7 5.2 5.7 1985
1985 0.3 0.3 0.2 0.1 0.0 -0.1 -0.3 -0.6 -0.6 -0.5 -0.5 -0.5 -0.4 -0.5 -0.5 -0.5 -0.3 -0.1 -0.1 0.0 0.0 0.4 0.7 0.7 0.7 0.8 1.0 1.0 1.0 1.0 0.9 1.0 1.0 1.1 1.1 1.1 1.0 1.0 1.0 0.9 0.9 0.9 0.8 0.9 0.9 0.9 0.9 0.9 1.1 1.6 1.9 2.1 2.5 3.1 4.1 5.2 5.2 4.8 4.7 3.8 1986
1986 0.4 0.4 0.3 0.2 0.1 0.0 -0.2 -0.5 -0.5 -0.4 -0.4 -0.4 -0.3 -0.4 -0.4 -0.4 -0.2 0.0 0.0 0.1 0.1 0.6 0.8 0.9 0.8 0.9 1.1 1.1 1.1 1.1 1.1 1.1 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.1 1.1 1.1 1.1 1.1 1.1 1.2 1.2 1.2 1.4 1.9 2.2 2.4 2.8 3.4 4.2 5.2 5.1 4.8 4.8 4.4 5.0 1987
1987 0.4 0.4 0.3 0.2 0.1 0.0 -0.2 -0.4 -0.4 -0.4 -0.4 -0.3 -0.3 -0.4 -0.4 -0.4 -0.2 0.0 0.1 0.1 0.2 0.6 0.8 0.9 0.8 0.9 1.1 1.1 1.1 1.1 1.1 1.1 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.2 1.4 1.8 2.1 2.2 2.6 3.1 3.8 4.6 4.4 4.0 3.8 3.2 3.0 1.0 1988
1988 0.4 0.4 0.3 0.2 0.2 0.0 -0.2 -0.4 -0.4 -0.4 -0.3 -0.3 -0.3 -0.3 -0.3 -0.3 -0.1 0.0 0.1 0.2 0.2 0.6 0.8 0.9 0.8 1.0 1.1 1.1 1.1 1.1 1.1 1.1 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.1 1.1 1.1 1.1 1.1 1.2 1.2 1.2 1.2 1.4 1.8 2.0 2.2 2.5 3.0 3.6 4.2 4.1 3.7 3.4 2.9 2.6 1.4 1.8 1989
1989 0.5 0.4 0.4 0.3 0.2 0.1 -0.1 -0.3 -0.3 -0.3 -0.3 -0.2 -0.2 -0.3 -0.3 -0.2 -0.1 0.1 0.2 0.2 0.3 0.7 0.9 0.9 0.9 1.0 1.2 1.2 1.2 1.2 1.2 1.2 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.2 1.2 1.2 1.2 1.2 1.3 1.3 1.3 1.4 1.6 1.9 2.2 2.3 2.6 3.0 3.6 4.1 4.0 3.7 3.5 3.0 2.8 2.1 2.7 3.6 1990
1990 0.5 0.5 0.4 0.3 0.2 0.1 -0.1 -0.3 -0.3 -0.3 -0.2 -0.2 -0.2 -0.2 -0.2 -0.2 0.0 0.2 0.2 0.3 0.3 0.7 0.9 1.0 0.9 1.0 1.2 1.2 1.2 1.2 1.2 1.2 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.2 1.2 1.2 1.3 1.3 1.3 1.3 1.4 1.6 1.9 2.1 2.3 2.5 2.9 3.4 3.9 3.7 3.4 3.2 2.8 2.6 2.0 2.3 2.6 1.6 1991
1991 0.5 0.5 0.4 0.3 0.3 0.1 0.0 -0.2 -0.2 -0.2 -0.2 -0.2 -0.1 -0.2 -0.2 -0.2 0.0 0.2 0.3 0.3 0.4 0.7 0.9 1.0 0.9 1.1 1.2 1.2 1.2 1.2 1.2 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.4 1.4 1.4 1.4 1.6 1.9 2.1 2.3 2.5 2.9 3.3 3.8 3.6 3.3 3.1 2.7 2.6 2.1 2.4 2.5 2.0 2.5 1992
1992 0.5 0.5 0.4 0.3 0.3 0.1 0.0 -0.2 -0.2 -0.2 -0.2 -0.1 -0.1 -0.2 -0.2 -0.1 0.0 0.2 0.3 0.3 0.4 0.7 0.9 1.0 0.9 1.1 1.2 1.2 1.2 1.2 1.2 1.2 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.2 1.2 1.2 1.3 1.3 1.3 1.4 1.4 1.6 1.9 2.0 2.2 2.4 2.7 3.1 3.5 3.3 3.0 2.8 2.5 2.3 1.8 2.0 2.0 1.5 1.5 0.6 1993
1993 0.5 0.5 0.4 0.3 0.3 0.1 0.0 -0.2 -0.2 -0.2 -0.2 -0.1 -0.1 -0.1 -0.1 -0.1 0.0 0.2 0.3 0.3 0.4 0.7 0.9 1.0 0.9 1.0 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.3 1.3 1.3 1.3 1.3 1.3 1.2 1.2 1.2 1.2 1.2 1.3 1.3 1.3 1.3 1.5 1.8 1.9 2.0 2.3 2.5 2.9 3.2 3.1 2.8 2.6 2.2 2.0 1.6 1.7 1.7 1.2 1.1 0.4 0.1 1994
1994 0.5 0.5 0.4 0.4 0.3 0.2 0.0 -0.2 -0.2 -0.2 -0.1 -0.1 -0.1 -0.1 -0.1 -0.1 0.1 0.2 0.3 0.3 0.4 0.7 0.9 1.0 0.9 1.0 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.3 1.3 1.3 1.3 1.3 1.3 1.2 1.2 1.2 1.2 1.2 1.3 1.3 1.3 1.3 1.5 1.8 1.9 2.0 2.2 2.5 2.8 3.1 2.9 2.6 2.4 2.1 1.9 1.5 1.6 1.6 1.2 1.1 0.6 0.7 1.2 1995
1995 0.6 0.5 0.5 0.4 0.3 0.2 0.0 -0.2 -0.1 -0.1 -0.1 -0.1 0.0 -0.1 -0.1 -0.1 0.1 0.3 0.3 0.4 0.4 0.8 0.9 1.0 1.0 1.1 1.2 1.2 1.2 1.2 1.2 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.4 1.4 1.4 1.5 1.8 2.0 2.0 2.2 2.5 2.8 3.1 2.9 2.7 2.5 2.2 2.0 1.7 1.8 1.8 1.5 1.5 1.2 1.4 2.1 3.0 1996
1996 0.6 0.5 0.5 0.4 0.4 0.2 0.1 -0.1 -0.1 -0.1 -0.1 0.0 0.0 0.0 0.0 0.0 0.1 0.3 0.4 0.4 0.4 0.8 1.0 1.0 1.0 1.1 1.2 1.2 1.2 1.2 1.2 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.4 1.4 1.4 1.4 1.6 1.8 1.9 2.0 2.2 2.4 2.8 3.0 2.8 2.6 2.4 2.2 2.0 1.7 1.8 1.8 1.5 1.5 1.3 1.5 2.0 2.4 1.8 1997
1997 0.6 0.6 0.5 0.5 0.4 0.3 0.1 -0.1 -0.1 0.0 0.0 0.0 0.1 0.0 0.0 0.0 0.2 0.4 0.4 0.5 0.5 0.8 1.0 1.1 1.0 1.2 1.3 1.3 1.3 1.3 1.3 1.3 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.5 1.5 1.6 1.9 2.0 2.1 2.3 2.5 2.8 3.0 2.9 2.7 2.5 2.3 2.1 1.9 2.0 2.0 1.8 1.8 1.7 1.9 2.4 2.8 2.7 3.5 1998
1998 0.7 0.6 0.6 0.5 0.4 0.3 0.2 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.3 0.4 0.5 0.5 0.6 0.9 1.1 1.1 1.1 1.2 1.3 1.3 1.3 1.3 1.3 1.4 1.4 1.4 1.4 1.5 1.5 1.5 1.5 1.4 1.4 1.4 1.4 1.5 1.5 1.5 1.5 1.6 1.7 1.9 2.1 2.2 2.3 2.5 2.8 3.0 2.9 2.7 2.5 2.3 2.2 2.0 2.1 2.1 1.9 2.0 1.9 2.1 2.5 2.9 2.8 3.3 3.2 1999
1999 0.7 0.6 0.6 0.5 0.5 0.3 0.2 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.3 0.4 0.5 0.5 0.6 0.9 1.1 1.1 1.1 1.2 1.3 1.3 1.3 1.3 1.3 1.4 1.4 1.5 1.5 1.5 1.5 1.5 1.5 1.4 1.4 1.4 1.4 1.5 1.5 1.5 1.5 1.6 1.7 1.9 2.1 2.1 2.3 2.5 2.8 3.0 2.9 2.6 2.5 2.3 2.2 2.0 2.1 2.1 1.9 2.0 1.9 2.1 2.4 2.7 2.6 2.9 2.6 1.9 2000
2000 0.7 0.7 0.6 0.5 0.5 0.4 0.2 0.0 0.1 0.1 0.1 0.1 0.2 0.1 0.1 0.2 0.3 0.5 0.5 0.6 0.6 0.9 1.1 1.2 1.1 1.2 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.6 1.6 1.6 1.7 2.0 2.1 2.2 2.3 2.5 2.8 3.0 2.8 2.6 2.5 2.3 2.2 2.0 2.1 2.1 2.0 2.0 2.0 2.1 2.4 2.6 2.6 2.8 2.5 2.2 2.4 2001
2001 0.7 0.7 0.6 0.6 0.5 0.4 0.2 0.1 0.1 0.1 0.2 0.2 0.2 0.2 0.2 0.2 0.4 0.5 0.6 0.6 0.6 1.0 1.1 1.2 1.1 1.3 1.4 1.4 1.4 1.4 1.4 1.4 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.6 1.6 1.6 1.6 1.8 2.0 2.1 2.2 2.3 2.5 2.7 2.9 2.8 2.6 2.5 2.3 2.2 2.0 2.1 2.1 2.0 2.0 2.0 2.2 2.4 2.6 2.5 2.7 2.4 2.2 2.3 2.2 2002
2002 0.7 0.7 0.6 0.5 0.5 0.4 0.2 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.2 0.2 0.3 0.5 0.5 0.6 0.6 0.9 1.1 1.1 1.1 1.2 1.3 1.3 1.3 1.3 1.3 1.4 1.4 1.4 1.4 1.5 1.5 1.5 1.5 1.4 1.4 1.4 1.4 1.5 1.5 1.5 1.5 1.6 1.7 1.9 2.0 2.0 2.2 2.4 2.6 2.7 2.6 2.4 2.3 2.1 2.0 1.9 1.9 1.9 1.8 1.8 1.7 1.9 2.1 2.2 2.1 2.1 1.8 1.5 1.3 0.8 -0.7 2003
2003 0.7 0.6 0.6 0.5 0.5 0.4 0.2 0.1 0.1 0.1 0.1 0.1 0.2 0.1 0.1 0.2 0.3 0.5 0.5 0.6 0.6 0.9 1.1 1.1 1.1 1.2 1.3 1.3 1.3 1.3 1.3 1.3 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.5 1.6 1.8 1.9 1.9 2.1 2.2 2.4 2.6 2.5 2.3 2.2 2.0 1.9 1.7 1.7 1.7 1.6 1.6 1.5 1.6 1.8 1.8 1.7 1.7 1.4 1.0 0.8 0.2 -0.8 -0.8 2004
2004 0.7 0.6 0.6 0.5 0.4 0.3 0.2 0.0 0.0 0.1 0.1 0.1 0.2 0.1 0.1 0.1 0.3 0.4 0.5 0.5 0.5 0.8 1.0 1.1 1.0 1.1 1.2 1.2 1.2 1.2 1.2 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.4 1.5 1.6 1.7 1.8 1.9 2.1 2.3 2.4 2.3 2.1 2.0 1.8 1.7 1.5 1.5 1.5 1.4 1.3 1.3 1.3 1.4 1.4 1.3 1.2 0.9 0.5 0.2 -0.3 -1.2 -1.4 -2.0 2005
2005 0.6 0.6 0.5 0.5 0.4 0.3 0.2 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.3 0.4 0.5 0.5 0.5 0.8 1.0 1.0 1.0 1.1 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.3 1.3 1.3 1.3 1.3 1.3 1.2 1.2 1.2 1.2 1.2 1.3 1.3 1.3 1.3 1.4 1.6 1.7 1.7 1.8 2.0 2.1 2.3 2.2 2.0 1.8 1.7 1.6 1.4 1.4 1.4 1.2 1.2 1.1 1.2 1.3 1.3 1.1 1.0 0.7 0.4 0.1 -0.4 -1.0 -1.1 -1.2 -0.4 2006
2006 0.7 0.6 0.6 0.5 0.5 0.3 0.2 0.0 0.1 0.1 0.1 0.1 0.2 0.1 0.1 0.1 0.3 0.4 0.5 0.5 0.6 0.8 1.0 1.0 1.0 1.1 1.2 1.2 1.2 1.2 1.2 1.2 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.2 1.2 1.2 1.3 1.3 1.3 1.3 1.3 1.4 1.6 1.7 1.7 1.8 2.0 2.1 2.3 2.2 2.0 1.9 1.7 1.6 1.4 1.4 1.4 1.3 1.3 1.2 1.2 1.3 1.3 1.2 1.1 0.9 0.6 0.4 0.1 -0.4 -0.3 -0.1 0.9 2.2 2007
2007 0.7 0.6 0.6 0.5 0.5 0.3 0.2 0.1 0.1 0.1 0.1 0.1 0.2 0.1 0.1 0.2 0.3 0.4 0.5 0.5 0.6 0.8 1.0 1.0 1.0 1.1 1.2 1.2 1.2 1.2 1.2 1.2 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.2 1.2 1.2 1.2 1.3 1.3 1.3 1.3 1.3 1.4 1.6 1.7 1.7 1.8 1.9 2.1 2.2 2.1 1.9 1.8 1.6 1.5 1.4 1.4 1.4 1.3 1.2 1.2 1.2 1.3 1.3 1.1 1.1 0.8 0.6 0.4 0.1 -0.2 -0.1 0.1 0.8 1.4 0.6 2008
2008 0.7 0.6 0.6 0.5 0.5 0.4 0.2 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.2 0.2 0.3 0.5 0.5 0.5 0.6 0.8 1.0 1.0 1.0 1.1 1.2 1.2 1.2 1.2 1.2 1.2 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.2 1.2 1.2 1.3 1.3 1.3 1.3 1.3 1.4 1.6 1.6 1.7 1.8 1.9 2.1 2.2 2.1 1.9 1.8 1.6 1.5 1.4 1.4 1.4 1.3 1.3 1.2 1.2 1.3 1.3 1.2 1.1 0.9 0.7 0.5 0.3 0.0 0.2 0.4 1.0 1.4 1.0 1.5 2009
2009 0.6 0.6 0.5 0.5 0.4 0.3 0.2 0.0 0.0 0.1 0.1 0.1 0.2 0.1 0.1 0.1 0.3 0.4 0.5 0.5 0.5 0.8 0.9 1.0 1.0 1.0 1.1 1.1 1.1 1.1 1.1 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.1 1.1 1.1 1.2 1.2 1.2 1.2 1.2 1.3 1.4 1.5 1.6 1.7 1.8 1.9 2.0 1.9 1.7 1.6 1.5 1.4 1.2 1.2 1.2 1.1 1.1 1.0 1.0 1.0 1.0 0.9 0.8 0.6 0.4 0.2 0.0 -0.3 -0.2 -0.1 0.2 0.4 -0.2 -0.5 -2.6 2010
2010 0.6 0.6 0.5 0.5 0.4 0.3 0.2 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.3 0.4 0.4 0.5 0.5 0.8 0.9 0.9 0.9 1.0 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.2 1.2 1.2 1.2 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.2 1.4 1.4 1.5 1.6 1.7 1.8 1.9 1.8 1.6 1.5 1.4 1.3 1.1 1.1 1.1 1.0 0.9 0.8 0.9 0.9 0.9 0.8 0.7 0.5 0.2 0.1 -0.1 -0.4 -0.4 -0.3 0.0 0.1 -0.5 -0.8 -2.0 -1.4 2011
2011 0.6 0.5 0.5 0.4 0.4 0.3 0.1 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.2 0.3 0.4 0.4 0.4 0.7 0.8 0.9 0.9 0.9 1.0 1.0 1.0 1.0 1.0 1.0 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.1 1.3 1.3 1.3 1.4 1.5 1.7 1.8 1.6 1.5 1.4 1.2 1.1 0.9 0.9 0.9 0.8 0.7 0.7 0.7 0.7 0.7 0.5 0.4 0.2 0.0 -0.2 -0.4 -0.7 -0.7 -0.6 -0.4 -0.4 -1.0 -1.3 -2.3 -2.1 -2.8 2012
2012 0.5 0.5 0.4 0.4 0.3 0.2 0.1 0.0 0.0 0.0 0.0 0.0 0.1 0.0 0.0 0.0 0.2 0.3 0.3 0.4 0.4 0.7 0.8 0.8 0.8 0.9 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 0.9 0.9 0.9 0.9 1.0 1.0 1.0 1.0 1.0 1.2 1.2 1.3 1.3 1.4 1.6 1.6 1.5 1.4 1.2 1.1 1.0 0.8 0.8 0.8 0.7 0.6 0.6 0.5 0.6 0.5 0.4 0.3 0.1 -0.1 -0.3 -0.5 -0.7 -0.8 -0.7 -0.6 -0.6 -1.1 -1.4 -2.1 -1.9 -2.2 -1.7 2013
2013 0.5 0.5 0.4 0.4 0.3 0.2 0.1 -0.1 0.0 0.0 0.0 0.0 0.1 0.0 0.0 0.0 0.2 0.3 0.3 0.4 0.4 0.6 0.8 0.8 0.8 0.9 0.9 0.9 0.9 0.9 0.9 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 1.0 1.1 1.2 1.2 1.3 1.3 1.5 1.5 1.4 1.3 1.2 1.0 0.9 0.8 0.7 0.7 0.6 0.5 0.5 0.5 0.5 0.4 0.3 0.2 0.0 -0.2 -0.4 -0.6 -0.8 -0.8 -0.8 -0.7 -0.7 -1.1 -1.4 -2.0 -1.8 -2.0 -1.6 -1.5 2014
2014 0.5 0.5 0.4 0.4 0.3 0.2 0.1 -0.1 -0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.3 0.3 0.3 0.4 0.6 0.7 0.8 0.8 0.8 0.9 0.9 0.9 0.9 0.9 0.9 0.9 1.0 1.0 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.8 0.9 0.9 0.9 0.9 0.9 0.9 1.1 1.1 1.1 1.2 1.3 1.4 1.5 1.4 1.2 1.1 0.9 0.8 0.7 0.7 0.6 0.5 0.5 0.4 0.4 0.4 0.4 0.2 0.1 0.0 -0.2 -0.4 -0.6 -0.8 -0.8 -0.8 -0.7 -0.7 -1.1 -1.3 -1.8 -1.6 -1.7 -1.3 -1.1 -0.7 2015
2015 0.5 0.5 0.4 0.3 0.3 0.2 0.1 -0.1 -0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.3 0.3 0.3 0.4 0.6 0.7 0.8 0.7 0.8 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.9 1.0 1.1 1.1 1.2 1.2 1.3 1.4 1.3 1.2 1.0 0.9 0.8 0.7 0.6 0.6 0.5 0.4 0.4 0.3 0.4 0.3 0.2 0.1 -0.1 -0.3 -0.4 -0.6 -0.8 -0.8 -0.8 -0.7 -0.7 -1.0 -1.2 -1.6 -1.5 -1.5 -1.1 -1.0 -0.7 -0.7 2016
2016 0.5 0.4 0.4 0.3 0.3 0.2 0.0 -0.1 -0.1 -0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.2 0.3 0.3 0.3 0.6 0.7 0.7 0.7 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.9 0.9 0.9 0.9 0.9 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.9 1.0 1.0 1.1 1.2 1.3 1.3 1.2 1.1 1.0 0.8 0.7 0.6 0.6 0.5 0.4 0.4 0.3 0.3 0.3 0.2 0.1 0.0 -0.2 -0.4 -0.5 -0.7 -0.9 -0.9 -0.9 -0.8 -0.8 -1.1 -1.3 -1.6 -1.5 -1.5 -1.3 -1.2 -1.1 -1.3 -1.8 2017
2017 0.4 0.4 0.4 0.3 0.3 0.2 0.0 -0.1 -0.1 -0.1 -0.1 0.0 0.0 0.0 0.0 0.0 0.1 0.2 0.2 0.3 0.3 0.5 0.7 0.7 0.7 0.7 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.8 0.9 0.9 1.0 1.0 1.1 1.2 1.3 1.1 1.0 0.9 0.7 0.6 0.5 0.5 0.4 0.3 0.3 0.2 0.2 0.2 0.2 0.0 -0.1 -0.2 -0.4 -0.5 -0.7 -0.9 -0.9 -0.9 -0.8 -0.9 -1.1 -1.3 -1.6 -1.5 -1.5 -1.3 -1.2 -1.1 -1.3 -1.6 -1.3 2018
2018 0.4 0.4 0.3 0.3 0.3 0.2 0.0 -0.1 -0.1 -0.1 -0.1 0.0 0.0 0.0 0.0 0.0 0.1 0.2 0.2 0.3 0.3 0.5 0.6 0.7 0.6 0.7 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.8 0.9 0.9 0.9 1.0 1.1 1.2 1.2 1.1 1.0 0.9 0.7 0.6 0.5 0.5 0.4 0.3 0.3 0.2 0.2 0.2 0.1 0.0 -0.1 -0.2 -0.4 -0.5 -0.7 -0.8 -0.9 -0.9 -0.8 -0.8 -1.0 -1.2 -1.5 -1.3 -1.3 -1.1 -1.0 -0.9 -1.0 -1.1 -0.7 -0.1
1926 1927 1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Global Strategies Dimensional Global 60/40 Index
WEIGHTS 1994–2018: Total Returns (%)
This section shows three example portfolio models ranging from 25% equity to 100% equity.
Growth of $1
$100,000
$10,000
Global 25/75 Global 60/40 Global Equity
$1,000
EQUITY
1994
1994 2.9 1995 $100
Dimensional US Adjusted Market 2 Index 15.4 37.0 61.6
1995 10.1 17.8 1996 $6.14
Dimensional International Adjusted Market Index 7.1 16.9 28.2 1996 10.7 14.9 12.0 1997 $10
1997 11.2 14.1 12.3 12.5 1998
Dimensional Emerging Markets Adjusted Market Index 2.5 6.1 10.2 1998 11.1 13.2 11.7 11.6 10.7 1999 $1
1999 11.5 13.4 12.3 12.4 12.3 13.9 2000
2000 10.3 11.5 10.3 9.9 9.1 8.3 2.9 2001 $0
2001 8.9 9.8 8.5 7.8 6.7 5.3 1.3 -0.3 2002 1994 2018
FIXED INCOME 2002 7.2 7.7 6.4 5.5 4.1 2.5 -1.0 -2.9 -5.5 2003
2003 9.0 9.7 8.8 8.3 7.6 7.0 5.4 6.2 9.6 27.0 2004
Bloomberg Barclays US Government/Credit Bond Index Intermediate 0.0 18.0 0.0 2004 9.5 10.1 9.3 9.0 8.5 8.1 7.0 8.0 11.0 20.2 13.8 2005
2005 9.4 10.0 9.3 9.0 8.5 8.2 7.3 8.2 10.4 16.3 11.3 8.8 2006
FTSE Non-USD World Government Bond Index 1–5 Years (Hedged to USD) 0.0 20.0 0.0 2006 9.8 10.4 9.7 9.5 9.2 9.0 8.3 9.2 11.2 15.9 12.4 11.7 14.6 2007
2007 9.6 10.1 9.5 9.3 9.0 8.8 8.1 8.9 10.5 14.0 11.0 10.1 10.7 7.0 2008
Bloomberg Barclays US Government/Credit Index 1–3 Years 30.0 0.0 0.0 2008 7.1 7.4 6.6 6.2 5.6 5.1 4.2 4.3 5.0 6.9 3.2 0.8 -1.8 -9.1 -22.7 2009
2009 8.2 8.5 7.9 7.6 7.2 6.9 6.2 6.6 7.5 9.5 6.8 5.4 4.6 1.5 -1.2 26.4 2010
FTSE Non-USD World Government Bond Index 1–3 Years (Hedged to USD) 33.8 0.0 0.0 2010 8.5 8.8 8.3 8.0 7.7 7.4 6.8 7.2 8.1 9.9 7.7 6.7 6.3 4.3 3.4 19.6 13.2 2011
2011 7.8 8.1 7.6 7.3 6.9 6.6 6.0 6.3 7.0 8.5 6.4 5.3 4.8 2.9 1.9 11.8 5.1 -2.4 2012
Bloomberg Barclays US TIPS Index 11.3 2.0 0.0
2012 8.0 8.3 7.8 7.5 7.2 7.0 6.5 6.8 7.4 8.8 7.0 6.1 5.8 4.4 3.8 11.8 7.3 4.5 11.9 2013
2013 8.5 8.8 8.3 8.1 7.8 7.6 7.2 7.5 8.2 9.6 8.0 7.3 7.1 6.1 6.0 12.9 9.7 8.6 14.6 17.3 2014
2014 8.3 8.5 8.1 7.8 7.6 7.4 7.0 7.3 7.9 9.1 7.6 7.0 6.8 5.8 5.6 11.3 8.5 7.3 10.8 10.3 3.7 2015
Weights as of January 31, 2018. Annually rebalanced in January. Regional equity weights change through time to reflect changes in global market capitalization. 2015 7.8 8.0 7.6 7.3 7.1 6.8 6.4 6.7 7.2 8.2 6.8 6.1 5.9 5.0 4.7 9.4 6.7 5.5 7.6 6.2 1.0 -1.6 2016
2016 7.9 8.1 7.6 7.4 7.2 7.0 6.6 6.8 7.3 8.3 7.0 6.4 6.2 5.4 5.2 9.4 7.1 6.1 7.9 7.0 3.7 3.8 9.4 2017
2017 8.1 8.4 8.0 7.8 7.5 7.4 7.0 7.3 7.8 8.7 7.5 7.0 6.9 6.2 6.1 9.9 8.0 7.3 9.0 8.5 6.4 7.3 12.1 14.8 2018
2018 7.5 7.7 7.3 7.1 6.9 6.7 6.3 6.5 6.9 7.7 6.5 6.0 5.8 5.1 5.0 8.2 6.4 5.6 6.8 5.9 3.8 3.8 5.7 3.8 -6.0
1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Dimensional Global 25/75 Index Dimensional Global Equity Index

$100,000 $100,000
$10,000 $10,000
$1,000 $1,000
1994 1994
1994 2.2 1995 $100 1994 5.7 1995 $100
1995 7.6 13.4 1996 1995 12.6 19.9 1996 $8.31
1996 8.1 11.2 9.1 1997 $10 $3.84 1996 13.5 17.6 15.4 1997 $10
1997 8.3 10.4 9.0 8.9 1998 1997 14.1 17.0 15.6 15.7 1998
1998 8.3 9.9 8.8 8.7 8.5 1999 $1 1998 13.7 15.8 14.4 13.9 12.1 1999 $1
1999 8.3 9.6 8.7 8.6 8.4 8.4 2000 1999 15.0 16.9 16.2 16.4 16.8 21.6 2000
2000 7.9 8.9 8.1 7.8 7.5 7.0 5.5 2001 $0 2000 12.5 13.7 12.5 11.7 10.4 9.6 -1.2 2001 $0
2001 7.4 8.2 7.4 7.0 6.6 6.0 4.8 4.0 2002 1994 2018 2001 10.1 10.7 9.3 8.1 6.3 4.4 -3.3 -5.3 2002 1994 2018
2002 6.8 7.3 6.5 6.1 5.5 4.8 3.6 2.7 1.4 2003 2002 7.1 7.3 5.6 4.0 1.8 -0.6 -7.0 -9.8 -14.0 2003
2003 7.4 8.0 7.3 7.1 6.8 6.4 5.9 6.1 7.1 13.1 2004 2003 10.2 10.7 9.7 8.9 7.8 6.9 3.5 5.1 10.8 42.8 2004
2004 7.4 7.9 7.3 7.1 6.8 6.6 6.2 6.4 7.2 10.2 7.3 2005 2004 11.2 11.7 10.8 10.3 9.5 9.1 6.7 8.8 14.0 31.3 20.7 2005
2005 7.2 7.7 7.1 6.9 6.6 6.4 6.0 6.1 6.7 8.5 6.2 5.2 2006 2005 11.3 11.8 11.0 10.6 9.9 9.6 7.8 9.6 13.7 24.9 16.8 12.9 2006
2006 7.3 7.7 7.2 7.0 6.8 6.6 6.4 6.5 7.0 8.4 6.9 6.7 8.3 2007 2006 12.1 12.6 12.0 11.6 11.2 11.1 9.6 11.6 15.3 24.1 18.4 17.2 21.7 2007
2007 7.3 7.7 7.2 7.0 6.8 6.7 6.4 6.6 7.0 8.2 6.9 6.8 7.6 7.0 2008 2007 11.7 12.2 11.6 11.2 10.8 10.6 9.3 10.9 13.9 20.5 15.5 13.8 14.2 7.1 2008
2008 6.2 6.5 6.0 5.7 5.5 5.2 4.8 4.7 4.8 5.4 3.9 3.1 2.4 -0.4 -7.3 2009 2008 7.0 7.1 6.2 5.5 4.6 3.8 2.0 2.4 3.6 6.9 0.9 -3.6 -8.5 -20.7 -41.3 2009
2009 6.7 7.0 6.5 6.3 6.1 5.9 5.7 5.7 5.9 6.5 5.5 5.1 5.1 4.0 2.6 13.6 2010 2009 8.9 9.1 8.4 7.8 7.2 6.8 5.4 6.1 7.7 11.2 6.7 4.0 1.9 -3.9 -9.0 41.0 2010
2010 6.7 6.9 6.5 6.4 6.2 6.0 5.8 5.8 6.0 6.6 5.7 5.4 5.4 4.7 4.0 10.1 6.7 2011 2010 9.5 9.7 9.1 8.6 8.1 7.8 6.6 7.4 8.9 12.2 8.4 6.5 5.3 1.5 -0.3 29.9 19.7 2011
2011 6.3 6.6 6.2 6.0 5.8 5.6 5.3 5.3 5.4 5.9 5.0 4.7 4.6 3.9 3.1 6.9 3.7 0.8 2012 2011 8.5 8.7 8.0 7.5 7.0 6.6 5.4 6.0 7.2 9.9 6.4 4.5 3.1 -0.2 -2.0 16.2 5.6 -6.9 2012
2012 6.3 6.6 6.2 6.0 5.8 5.6 5.4 5.4 5.5 5.9 5.2 4.9 4.8 4.3 3.7 6.7 4.5 3.4 6.2 2013 2012 9.0 9.1 8.5 8.1 7.6 7.3 6.3 6.9 8.1 10.6 7.6 6.0 5.1 2.5 1.6 16.5 9.4 4.6 17.4 2013
2013 6.3 6.6 6.2 6.0 5.9 5.7 5.5 5.5 5.6 6.0 5.3 5.1 5.1 4.6 4.3 6.7 5.1 4.6 6.5 6.8 2014 2013 9.9 10.1 9.6 9.3 8.9 8.6 7.8 8.5 9.7 12.2 9.5 8.3 7.8 5.9 5.7 18.9 14.0 12.2 23.1 29.0 2014
2014 6.1 6.3 6.0 5.8 5.6 5.5 5.3 5.3 5.3 5.7 5.0 4.8 4.8 4.3 4.0 6.0 4.5 3.9 5.0 4.5 2.1 2015 2014 9.6 9.8 9.3 9.0 8.6 8.4 7.5 8.2 9.3 11.5 9.0 7.9 7.4 5.7 5.5 16.4 12.0 10.1 16.5 16.0 4.3 2015
2015 5.8 6.0 5.6 5.5 5.3 5.1 4.9 4.9 4.9 5.2 4.6 4.3 4.2 3.8 3.4 5.0 3.7 3.0 3.6 2.8 0.8 -0.5 2016 2015 9.0 9.1 8.6 8.3 7.9 7.6 6.8 7.4 8.4 10.3 8.0 6.9 6.3 4.7 4.4 13.3 9.3 7.3 11.2 9.2 0.4 -3.3 2016
2016 5.8 6.0 5.6 5.4 5.3 5.1 4.9 4.9 4.9 5.2 4.6 4.4 4.3 3.9 3.6 5.0 3.8 3.4 3.9 3.3 2.2 2.2 5.0 2017 2016 9.2 9.4 8.9 8.6 8.2 8.0 7.3 7.8 8.7 10.6 8.4 7.5 7.0 5.6 5.4 13.4 10.0 8.4 11.8 10.4 4.9 5.1 14.3 2017
2017 5.8 6.0 5.7 5.5 5.4 5.2 5.0 5.0 5.0 5.3 4.8 4.6 4.5 4.2 3.9 5.2 4.2 3.9 4.4 4.0 3.3 3.7 5.9 6.9 2018 2017 9.8 9.9 9.5 9.2 8.9 8.8 8.1 8.7 9.6 11.4 9.4 8.6 8.3 7.1 7.1 14.5 11.6 10.5 13.7 12.9 9.2 10.9 18.7 23.4 2018
2018 5.5 5.7 5.3 5.2 5.0 4.8 4.7 4.6 4.6 4.8 4.3 4.1 4.0 3.7 3.4 4.5 3.6 3.2 3.5 3.1 2.3 2.4 3.4 2.6 -1.6 2018 8.8 9.0 8.5 8.2 7.9 7.7 7.0 7.5 8.3 9.8 7.9 7.1 6.6 5.5 5.3 11.6 8.8 7.5 9.7 8.5 4.8 4.9 7.8 4.6 -11.2
1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Balanced Strategies Balanced Strategies
WEIGHTS SUMMARY STATISTICS
This section shows six example portfolio models ranging from 100% fixed income to 100% equity. As of December 31, 2018
Fixed Conservative Moderate Normal Aggressive Equity Fixed Conservative Moderate Normal Aggressive Equity
EQUITY 0% 20% 40% 60% 80% 100% EQUITY 0% 20% 40% 60% 80% 100%
US STOCKS 0% 14% 28% 42% 56% 70% FIXED INCOME 100% 80% 60% 40% 20% 0%
Large Cap
S&P 500 Index 0.0 4.0 8.0 12.0 16.0 20.0 One-Year Total Return (%) 1.9 −0.8 −3.5 −6.2 −8.9 −11.6
Large Cap Value

Dimensional US Large Cap Value Index 0.0 4.0 8.0 12.0 16.0 20.0 Three-Year Annualized Return (%) 1.3 2.6 3.9 5.1 6.3 7.4
Small Cap
Dimensional US Small Cap Index 0.0 2.0 4.0 6.0 8.0 10.0
Five-Year Annualized Return (%) 1.1 2.0 2.9 3.7 4.4 5.1
Small Cap Value

Dimensional US Small Cap Value Index 0.0 2.0 4.0 6.0 8.0 10.0
Ten-Year Annualized Return (%) 1.2 3.6 5.9 8.1 10.2 12.3
Real Estate Strategy
Dow Jones US Select REIT Index 0.0 2.0 4.0 6.0 8.0 10.0
Fifteen-Year Annualized Return (%) 2.2 3.6 4.9 6.1 7.2 8.2
NON-US STOCKS 0% 6% 12% 18% 24% 30%

Twenty-Year Annualized Return (%) 2.9 4.3 5.6 6.8 7.9 8.8
Value
Dimensional International Marketwide Value Index 0.0 2.0 4.0 6.0 8.0 10.0
Annualized Return (%) 6.0 7.5 9.0 10.4 11.7 12.9
Small Cap 1973–2018
Dimensional International Small Cap Index 0.0 1.0 2.0 3.0 4.0 5.0
Annualized Standard Deviation (%) 2.4 3.7 6.3 9.2 12.2 15.2
Small Cap Value
1973–2018
Dimensional International Small Cap Value Index 0.0 1.0 2.0 3.0 4.0 5.0
Emerging Markets Lowest One-Year Return (%) 0.2 −9.7 −21.9 −32.8 −42.6 −51.3
(07/16–06/17) (03/08–02/09) (03/08–02/09) (03/08–02/09) (03/08–02/09) (03/08–02/09)
Dimensional Emerging Markets Index 0.0 0.6 1.2 1.8 2.4 3.0
Emerging Markets Value Lowest Annualized Three-Year Return (%) 0.6 0.6 −4.4 −9.3 −14.2 −19.0
(02/15–01/18) (03/06–02/09) (03/06–02/09) (03/06–02/09) (03/06–02/09) (03/06–02/09)
Dimensional Emerging Markets Value Index 0.0 0.6 1.2 1.8 2.4 3.0
Emerging Markets Small Cap Highest One-Year Return (%) 22.6 25.5 33.7 46.2 63.8 83.1
Dimensional Emerging Markets Small Cap Index 0.0 0.8 1.6 2.4 3.2 4.0 (10/81–09/82) (07/82–06/83) (07/82–06/83) (03/09–02/10) (03/09–02/10) (03/09–02/10)
Highest Annualized Three-Year Return (%) 15.7 17.3 21.7 27.0 32.6 38.3
FIXED INCOME 100% 80% 60% 40% 20% 0% (03/80–02/83) (07/82–06/85) (08/84–07/87) (08/84–07/87) (08/84–07/87) (08/84–07/87)
One-Year Growth of $1 14.52 28.35 53.00 94.86 162.43 265.86

ICE BofAML One-Year US Treasury Note Index 25.0 20.0 15.0 10.0 5.0 0.0 1973–2018
Two-Year Global
FTSE World Government Bond Index 1–3 Years (Hedged to USD) 25.0 20.0 15.0 10.0 5.0 0.0
Five-Year Government
Bloomberg Barclays US Treasury Bond Index 1–5 Years 25.0 20.0 15.0 10.0 5.0 0.0
Five-Year Global
FTSE World Government Bond Index 1–5 Years (Hedged to USD) 25.0 20.0 15.0 10.0 5.0 0.0
Rebalanced monthly. For illustrative purposes only. The balanced strategies are not recommendations for an actual allocation. Indices are not available for direct investment; their performance does not reflect the
expenses associated with the management of an actual portfolio. Past performance is no guarantee of future results. Real Estate Strategy weighting allocated evenly between US Small Cap and US Small Cap Value prior
to January 1978 data inception. International Value represented by Fama/French International Value Index for 1975–1990. International Value weighting allocated evenly between International Small Cap and MSCI World
ex USA Index (net dividends) prior to January 1975 data inception. International Small Cap Value weighting allocated to International Small Cap prior to July 1981 data inception. Emerging Markets represented by MSCI Assumes all strategies have been rebalanced monthly. Highest and lowest one-year and three-year returns are calculated from periods overlapping monthly. Annualized standard deviation is calculated from monthly
Emerging Markets Index (gross dividends) for 1988–1993. Emerging Markets weighting allocated evenly between International Small Cap and International Value prior to January 1988 data inception. Emerging Markets data. All performance results of the balanced strategies are based on performance of indices with model/backtested asset allocations; the performance was achieved with the benefit of hindsight; it does not represent
Value and Emerging Markets Small Cap weightings allocated evenly between International Small Cap and International Value prior to January 1989 data inception. Two-Year Global weighting allocated to One-Year prior actual investment strategies. The model’s performance does not reflect advisory fees or other expenses associated with the management of an actual portfolio. There are limitations inherent in model allocations.
to January 1985 data inception. Five-Year Government weighting allocated to Bloomberg Barclays Capital US Government Bond Index Intermediate prior to January 1976 data inception. Five-Year Global weighting allocated In particular, model performance may not reflect the impact that economic and market factors may have had on the advisor’s decision making if the advisor were actually managing client money. Past performance
to Five-Year Government prior to January 1985 data inception. is no guarantee of future results.
Balanced Strategy: Fixed Balanced Strategy: Conservative
100% Fixed Income 20% Equity, 80% Fixed Income
$100,000 $100,000
$10,000 $10,000
$1,000 $1,000
$100 $100 $28

$15
$10 $10
$1 $1
$0 $0
1973 2018 1973 2018
1973 1973
1973 5.1 1974 1973 0.2 1974
1974 6.5 7.9 1975 1974 0.7 1.2 1975
1975 7.0 7.9 7.9 1976 1975 5.4 8.1 15.6 1976
1976 7.3 8.0 8.1 8.3 1977 1976 7.2 9.6 14.1 12.7 1977
1977 6.7 7.1 6.8 6.2 4.2 1978 1977 7.2 9.0 11.7 9.8 7.0 1978
1978 6.3 6.6 6.3 5.7 4.5 4.7 1979 1978 7.4 8.9 10.9 9.4 7.7 8.5 1979
1979 6.6 6.9 6.7 6.4 5.8 6.6 8.5 1980 1979 7.9 9.3 11.0 9.8 8.9 9.8 11.2 1980
1980 6.9 7.2 7.1 6.9 6.6 7.4 8.8 9.1 1981 1980 8.5 9.8 11.3 10.5 9.9 10.9 12.1 13.0 1981
1981 7.6 7.9 7.9 8.0 7.9 8.8 10.2 11.1 13.2 1982 1981 8.9 10.1 11.4 10.7 10.3 11.2 12.0 12.5 12.0 1982
1982 8.8 9.2 9.4 9.6 9.8 11.0 12.6 14.0 16.6 20.0 1983 1982 9.9 11.1 12.4 11.9 11.8 12.8 13.9 14.8 15.7 19.5 1983
1983 8.8 9.2 9.3 9.5 9.7 10.6 11.8 12.7 13.9 14.3 8.8 1984 1983 10.2 11.3 12.5 12.1 12.0 12.9 13.8 14.4 14.9 16.4 13.4 1984
1984 9.2 9.6 9.7 9.9 10.1 11.0 12.1 12.8 13.8 14.0 11.1 13.4 1985 1984 10.4 11.4 12.5 12.1 12.1 12.8 13.6 14.0 14.3 15.1 12.9 12.5 1985
1985 9.5 9.8 10.0 10.2 10.4 11.2 12.2 12.8 13.6 13.7 11.6 13.1 12.8 1986 1985 10.9 11.9 12.9 12.7 12.6 13.4 14.1 14.6 14.9 15.6 14.4 14.9 17.4 1986
1986 9.5 9.8 10.0 10.2 10.4 11.1 11.9 12.4 13.0 12.9 11.2 12.1 11.4 10.1 1987 1986 11.1 12.0 13.0 12.7 12.7 13.4 14.0 14.4 14.7 15.2 14.2 14.5 15.5 13.7 1987
1987 9.3 9.6 9.7 9.8 10.0 10.6 11.3 11.6 12.0 11.8 10.2 10.5 9.6 8.0 6.0 1988 1987 10.9 11.7 12.6 12.3 12.3 12.8 13.3 13.6 13.7 13.9 12.9 12.7 12.8 10.6 7.6 1988
1988 9.1 9.4 9.5 9.6 9.7 10.2 10.8 11.0 11.3 11.0 9.6 9.7 8.8 7.5 6.3 6.5 1989 1988 10.9 11.6 12.4 12.2 12.1 12.6 13.0 13.2 13.2 13.4 12.5 12.3 12.2 10.5 9.0 10.4 1989
1989 9.1 9.4 9.5 9.6 9.7 10.2 10.7 10.9 11.1 10.8 9.6 9.7 9.0 8.0 7.4 8.1 9.7 1990 1989 11.0 11.7 12.5 12.2 12.2 12.6 13.0 13.2 13.2 13.4 12.5 12.4 12.4 11.2 10.4 11.8 13.1 1990
1990 9.1 9.3 9.4 9.5 9.6 10.1 10.5 10.7 10.9 10.6 9.5 9.6 9.0 8.2 7.7 8.3 9.2 8.8 1991 1990 10.6 11.2 11.9 11.7 11.6 12.0 12.2 12.3 12.3 12.3 11.4 11.2 11.0 9.7 8.7 9.1 8.5 4.0 1991
1991 9.2 9.4 9.5 9.6 9.7 10.1 10.5 10.7 10.9 10.6 9.6 9.7 9.2 8.6 8.3 8.9 9.7 9.8 10.7 1992 1991 10.8 11.4 12.1 11.8 11.8 12.1 12.4 12.5 12.5 12.5 11.8 11.6 11.4 10.5 9.9 10.4 10.4 9.1 14.4 1992
1992 9.0 9.2 9.3 9.4 9.5 9.8 10.2 10.3 10.4 10.2 9.3 9.3 8.8 8.3 8.0 8.4 8.8 8.5 8.4 6.1 1993 1992 10.6 11.2 11.8 11.5 11.5 11.8 12.0 12.1 12.0 12.0 11.3 11.0 10.9 10.0 9.4 9.7 9.5 8.4 10.6 6.9 1993
1993 8.9 9.1 9.2 9.2 9.3 9.6 9.9 10.0 10.1 9.9 9.0 9.0 8.5 8.0 7.7 8.0 8.3 8.0 7.7 6.2 6.2 1994 1993 10.6 11.1 11.7 11.5 11.4 11.7 11.9 12.0 11.9 11.9 11.2 11.0 10.8 10.0 9.5 9.8 9.7 8.9 10.6 8.7 10.5 1994
1994 8.5 8.7 8.7 8.7 8.8 9.0 9.3 9.4 9.4 9.1 8.2 8.2 7.7 7.1 6.8 6.9 7.0 6.4 5.8 4.3 3.3 0.5 1995 1994 10.2 10.7 11.2 10.9 10.8 11.1 11.2 11.2 11.1 11.0 10.4 10.1 9.8 9.0 8.5 8.6 8.3 7.3 8.2 6.2 5.8 1.4 1995
1995 8.6 8.8 8.8 8.9 8.9 9.2 9.4 9.5 9.5 9.3 8.5 8.5 8.0 7.5 7.3 7.4 7.6 7.2 6.9 6.0 5.9 5.8 11.3 1996 1995 10.3 10.8 11.3 11.0 11.0 11.2 11.3 11.4 11.2 11.2 10.6 10.4 10.2 9.5 9.0 9.2 9.0 8.3 9.2 8.0 8.3 7.3 13.4 1996
1996 8.5 8.7 8.7 8.7 8.8 9.0 9.3 9.3 9.3 9.1 8.3 8.3 7.9 7.4 7.2 7.3 7.4 7.1 6.8 6.0 6.0 5.9 8.7 6.2 1997 1996 10.2 10.7 11.2 11.0 10.9 11.1 11.2 11.2 11.1 11.1 10.5 10.3 10.1 9.4 9.0 9.2 9.0 8.4 9.2 8.2 8.5 7.9 11.2 9.1 1997
1997 8.4 8.6 8.6 8.7 8.7 8.9 9.1 9.2 9.2 8.9 8.2 8.2 7.8 7.4 7.1 7.2 7.3 7.0 6.8 6.1 6.1 6.1 8.0 6.5 6.7 1998 1997 10.2 10.6 11.1 10.9 10.8 11.0 11.1 11.1 11.0 10.9 10.4 10.2 10.0 9.4 9.0 9.2 9.0 8.6 9.2 8.4 8.7 8.2 10.6 9.2 9.3 1998
1998 8.4 8.5 8.6 8.6 8.6 8.8 9.0 9.1 9.1 8.8 8.2 8.1 7.7 7.4 7.1 7.2 7.3 7.1 6.8 6.3 6.3 6.4 7.9 6.8 7.0 7.3 1999 1998 10.1 10.5 10.9 10.7 10.6 10.8 10.9 10.9 10.8 10.7 10.2 10.0 9.8 9.2 8.9 9.0 8.9 8.4 9.0 8.2 8.4 8.0 9.7 8.5 8.2 7.1 1999
1999 8.2 8.3 8.4 8.4 8.4 8.6 8.8 8.8 8.8 8.5 7.9 7.8 7.4 7.1 6.9 6.9 7.0 6.7 6.5 5.9 5.9 5.9 7.0 5.9 5.8 5.4 3.4 2000 1999 10.0 10.3 10.7 10.5 10.4 10.6 10.7 10.7 10.6 10.5 10.0 9.8 9.6 9.0 8.7 8.8 8.6 8.2 8.7 8.0 8.1 7.7 9.1 8.0 7.6 6.8 6.5 2000
2000 8.2 8.3 8.3 8.4 8.4 8.5 8.7 8.7 8.7 8.5 7.9 7.8 7.5 7.1 6.9 7.0 7.1 6.8 6.6 6.2 6.2 6.2 7.1 6.3 6.4 6.3 5.7 8.1 2001 2000 9.9 10.2 10.6 10.4 10.3 10.4 10.5 10.5 10.4 10.3 9.8 9.6 9.4 8.9 8.6 8.7 8.5 8.1 8.5 7.9 8.0 7.7 8.7 7.8 7.5 6.9 6.8 7.2 2001
2001 8.2 8.3 8.3 8.3 8.3 8.5 8.7 8.7 8.6 8.4 7.8 7.8 7.5 7.1 6.9 7.0 7.1 6.8 6.7 6.3 6.3 6.3 7.1 6.5 6.5 6.5 6.2 7.6 7.1 2002 2001 9.7 10.1 10.4 10.2 10.1 10.3 10.4 10.3 10.2 10.1 9.6 9.4 9.2 8.8 8.4 8.5 8.3 8.0 8.3 7.7 7.8 7.5 8.4 7.6 7.3 6.8 6.7 6.8 6.3 2002
2002 8.1 8.2 8.2 8.2 8.2 8.3 8.5 8.5 8.5 8.3 7.7 7.6 7.3 7.0 6.8 6.9 6.9 6.7 6.5 6.2 6.2 6.1 6.9 6.3 6.3 6.2 5.9 6.7 6.1 5.1 2003 2002 9.5 9.8 10.1 9.9 9.8 9.9 10.0 9.9 9.8 9.7 9.2 9.0 8.8 8.4 8.0 8.1 7.9 7.5 7.8 7.2 7.3 6.9 7.6 6.8 6.4 5.9 5.5 5.2 4.3 2.2 2003
2003 7.9 8.0 8.0 8.0 7.9 8.1 8.2 8.2 8.2 8.0 7.4 7.3 7.0 6.7 6.5 6.6 6.6 6.3 6.2 5.8 5.8 5.7 6.3 5.7 5.6 5.4 5.1 5.5 4.6 3.4 1.8 2004 2003 9.5 9.8 10.1 9.9 9.8 9.9 10.0 9.9 9.8 9.7 9.3 9.1 8.9 8.4 8.1 8.2 8.0 7.7 8.0 7.4 7.5 7.2 7.9 7.2 6.9 6.5 6.4 6.4 6.1 6.0 9.9 2004
2004 7.7 7.7 7.7 7.7 7.7 7.8 8.0 7.9 7.9 7.7 7.1 7.1 6.8 6.5 6.3 6.3 6.3 6.0 5.8 5.5 5.4 5.3 5.8 5.2 5.1 4.9 4.5 4.7 3.9 2.8 1.8 1.7 2005 2004 9.4 9.7 10.0 9.8 9.7 9.8 9.8 9.8 9.6 9.5 9.1 8.9 8.7 8.3 8.0 8.0 7.9 7.6 7.8 7.3 7.4 7.1 7.7 7.0 6.8 6.4 6.3 6.3 6.0 5.9 7.8 5.8 2005
2005 7.5 7.6 7.6 7.6 7.5 7.6 7.8 7.7 7.7 7.5 6.9 6.9 6.5 6.2 6.0 6.1 6.0 5.8 5.6 5.2 5.2 5.1 5.5 5.0 4.8 4.6 4.2 4.3 3.6 2.7 2.0 2.1 2.4 2006 2005 9.2 9.5 9.8 9.6 9.5 9.6 9.6 9.6 9.4 9.3 8.9 8.7 8.5 8.1 7.8 7.8 7.7 7.4 7.6 7.1 7.1 6.9 7.4 6.8 6.5 6.2 6.1 6.0 5.8 5.6 6.8 5.2 4.6 2006
2006 7.4 7.5 7.5 7.4 7.4 7.5 7.6 7.6 7.5 7.3 6.8 6.7 6.4 6.1 6.0 5.9 5.9 5.7 5.5 5.2 5.1 5.0 5.4 4.9 4.8 4.5 4.2 4.3 3.7 3.0 2.5 2.7 3.3 4.1 2007 2006 9.2 9.5 9.7 9.6 9.5 9.5 9.6 9.5 9.4 9.3 8.9 8.7 8.5 8.1 7.8 7.9 7.7 7.4 7.6 7.2 7.2 7.0 7.4 6.9 6.7 6.4 6.3 6.3 6.1 6.1 7.1 6.1 6.3 8.0 2007
2007 7.4 7.4 7.4 7.4 7.4 7.5 7.6 7.6 7.5 7.3 6.8 6.7 6.4 6.2 6.0 6.0 6.0 5.8 5.6 5.3 5.2 5.1 5.5 5.0 4.9 4.7 4.5 4.6 4.1 3.6 3.3 3.7 4.4 5.4 6.6 2008 2007 9.1 9.4 9.6 9.4 9.3 9.4 9.4 9.4 9.2 9.1 8.7 8.6 8.4 8.0 7.7 7.7 7.6 7.3 7.5 7.1 7.1 6.9 7.3 6.8 6.6 6.3 6.2 6.2 6.0 6.0 6.8 6.0 6.0 6.8 5.5 2008
2008 7.3 7.4 7.4 7.4 7.4 7.5 7.6 7.5 7.5 7.3 6.8 6.7 6.4 6.2 6.0 6.0 6.0 5.8 5.6 5.3 5.3 5.2 5.6 5.1 5.0 4.9 4.7 4.8 4.4 4.0 3.8 4.2 4.9 5.7 6.5 6.4 2009 2008 8.7 8.9 9.2 9.0 8.9 8.9 8.9 8.9 8.7 8.6 8.2 8.0 7.8 7.4 7.1 7.1 6.9 6.6 6.8 6.3 6.3 6.0 6.4 5.8 5.6 5.2 5.1 4.9 4.6 4.4 4.7 3.7 3.2 2.8 0.2 -4.8 2009
2009 7.2 7.2 7.2 7.2 7.2 7.3 7.3 7.3 7.2 7.0 6.6 6.5 6.2 6.0 5.8 5.8 5.8 5.6 5.4 5.1 5.0 5.0 5.3 4.9 4.8 4.6 4.3 4.4 4.0 3.7 3.5 3.7 4.2 4.6 4.8 3.8 1.3 2010 2009 8.7 8.9 9.2 9.0 8.9 8.9 8.9 8.9 8.7 8.6 8.2 8.0 7.9 7.5 7.2 7.2 7.1 6.8 6.9 6.5 6.5 6.2 6.6 6.1 5.9 5.6 5.4 5.3 5.1 5.0 5.4 4.7 4.4 4.4 3.2 2.0 9.3 2010
2010 7.0 7.1 7.1 7.0 7.0 7.1 7.2 7.1 7.1 6.9 6.4 6.3 6.1 5.8 5.6 5.6 5.6 5.4 5.2 4.9 4.9 4.8 5.1 4.7 4.6 4.4 4.1 4.2 3.8 3.5 3.3 3.5 3.8 4.1 4.1 3.2 1.7 2.0 2011 2010 8.6 8.9 9.1 8.9 8.8 8.8 8.9 8.8 8.6 8.5 8.2 8.0 7.8 7.4 7.2 7.2 7.0 6.7 6.9 6.5 6.5 6.2 6.5 6.1 5.9 5.6 5.5 5.4 5.2 5.1 5.5 4.9 4.7 4.7 3.9 3.4 7.7 6.1 2011
2011 6.9 7.0 6.9 6.9 6.9 6.9 7.0 7.0 6.9 6.7 6.3 6.2 5.9 5.7 5.5 5.5 5.4 5.2 5.1 4.8 4.7 4.6 4.9 4.5 4.4 4.2 4.0 4.0 3.7 3.3 3.1 3.3 3.5 3.7 3.6 2.9 1.7 1.9 1.9 2012 2011 8.4 8.6 8.8 8.7 8.5 8.6 8.6 8.5 8.4 8.3 7.9 7.7 7.5 7.2 6.9 6.9 6.7 6.4 6.6 6.2 6.1 5.9 6.2 5.7 5.5 5.3 5.1 5.0 4.8 4.6 4.9 4.3 4.1 4.0 3.2 2.7 5.3 3.3 0.6 2012
2012 6.8 6.8 6.8 6.7 6.7 6.8 6.8 6.8 6.7 6.5 6.1 6.0 5.7 5.5 5.3 5.3 5.2 5.0 4.9 4.6 4.5 4.4 4.7 4.3 4.2 4.0 3.8 3.8 3.4 3.1 2.9 3.1 3.2 3.3 3.2 2.5 1.6 1.7 1.5 1.1 2013 2012 8.3 8.5 8.7 8.5 8.4 8.5 8.5 8.4 8.2 8.1 7.8 7.6 7.4 7.1 6.8 6.8 6.6 6.4 6.5 6.1 6.1 5.8 6.1 5.7 5.5 5.2 5.1 5.0 4.8 4.6 4.9 4.3 4.2 4.1 3.5 3.0 5.1 3.7 2.6 4.6 2013
2013 6.6 6.6 6.6 6.6 6.5 6.6 6.6 6.6 6.5 6.3 5.9 5.8 5.5 5.3 5.1 5.1 5.0 4.8 4.7 4.4 4.3 4.2 4.4 4.1 3.9 3.8 3.5 3.5 3.2 2.9 2.7 2.8 2.9 3.0 2.8 2.2 1.3 1.4 1.1 0.8 0.4 2014 2013 8.2 8.4 8.6 8.5 8.3 8.4 8.4 8.3 8.2 8.0 7.7 7.5 7.3 7.0 6.8 6.7 6.6 6.3 6.4 6.1 6.0 5.8 6.1 5.7 5.5 5.2 5.1 5.0 4.8 4.7 4.9 4.5 4.3 4.3 3.7 3.4 5.2 4.1 3.5 5.0 5.4 2014
2014 6.5 6.5 6.5 6.4 6.4 6.4 6.5 6.4 6.3 6.1 5.7 5.6 5.4 5.1 5.0 4.9 4.9 4.7 4.5 4.3 4.2 4.1 4.3 3.9 3.8 3.6 3.4 3.4 3.1 2.7 2.6 2.6 2.7 2.7 2.6 2.0 1.3 1.3 1.1 0.9 0.7 1.1 2015 2014 8.1 8.3 8.5 8.3 8.2 8.2 8.2 8.1 8.0 7.9 7.5 7.3 7.2 6.8 6.6 6.6 6.4 6.2 6.2 5.9 5.9 5.6 5.9 5.5 5.3 5.0 4.9 4.8 4.6 4.5 4.7 4.2 4.1 4.0 3.5 3.3 4.7 3.8 3.2 4.1 3.8 2.2 2015
2015 6.3 6.4 6.3 6.3 6.2 6.3 6.3 6.3 6.2 6.0 5.6 5.5 5.2 5.0 4.8 4.8 4.7 4.5 4.4 4.1 4.0 3.9 4.1 3.7 3.6 3.4 3.2 3.2 2.9 2.6 2.4 2.5 2.5 2.5 2.4 1.8 1.2 1.2 1.0 0.8 0.7 0.9 0.7 2016 2015 7.9 8.1 8.3 8.1 8.0 8.0 8.0 7.9 7.7 7.6 7.3 7.1 6.9 6.6 6.4 6.3 6.2 5.9 6.0 5.7 5.6 5.4 5.6 5.2 5.0 4.8 4.6 4.5 4.3 4.2 4.3 3.9 3.7 3.6 3.2 2.9 4.0 3.1 2.6 3.1 2.6 1.1 0.1 2016
2016 6.2 6.2 6.2 6.1 6.1 6.1 6.2 6.1 6.0 5.8 5.4 5.3 5.1 4.9 4.7 4.7 4.6 4.4 4.2 4.0 3.9 3.8 4.0 3.6 3.5 3.3 3.1 3.1 2.8 2.5 2.3 2.4 2.4 2.4 2.2 1.8 1.2 1.2 1.0 0.9 0.8 1.0 0.9 1.1 2017 2016 7.8 8.0 8.2 8.0 7.9 7.9 7.9 7.8 7.7 7.5 7.2 7.0 6.9 6.5 6.3 6.3 6.1 5.9 5.9 5.6 5.5 5.3 5.5 5.2 5.0 4.7 4.6 4.5 4.3 4.2 4.4 3.9 3.8 3.7 3.3 3.0 4.1 3.3 2.9 3.3 3.0 2.2 2.2 4.4 2017
2017 6.1 6.1 6.1 6.0 6.0 6.0 6.0 6.0 5.9 5.7 5.3 5.2 5.0 4.7 4.6 4.5 4.5 4.3 4.1 3.9 3.8 3.7 3.8 3.5 3.4 3.2 3.0 3.0 2.7 2.4 2.2 2.2 2.3 2.3 2.1 1.7 1.2 1.1 1.0 0.9 0.8 0.9 0.9 1.0 0.8 2018 2017 7.7 7.9 8.1 7.9 7.8 7.8 7.8 7.7 7.6 7.4 7.1 6.9 6.8 6.5 6.2 6.2 6.0 5.8 5.9 5.5 5.5 5.3 5.5 5.1 4.9 4.7 4.6 4.5 4.3 4.2 4.3 4.0 3.8 3.7 3.4 3.2 4.1 3.4 3.1 3.5 3.3 2.7 2.9 4.3 4.2 2018
2018 6.0 6.0 6.0 5.9 5.9 5.9 5.9 5.9 5.8 5.6 5.2 5.1 4.9 4.7 4.5 4.4 4.4 4.2 4.0 3.8 3.7 3.6 3.7 3.4 3.3 3.1 2.9 2.9 2.6 2.4 2.2 2.2 2.3 2.2 2.1 1.7 1.2 1.2 1.1 1.0 1.0 1.1 1.1 1.3 1.4 1.9 2018 7.5 7.7 7.9 7.7 7.6 7.6 7.6 7.5 7.3 7.2 6.9 6.7 6.5 6.2 6.0 6.0 5.8 5.6 5.6 5.3 5.2 5.0 5.2 4.9 4.7 4.4 4.3 4.2 4.0 3.9 4.0 3.6 3.5 3.4 3.0 2.8 3.6 3.0 2.6 2.9 2.6 2.0 2.0 2.6 1.7 -0.8
1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Balanced Strategy: Moderate Balanced Strategy: Normal
40% Equity, 60% Fixed Income 60% Equity, 40% Fixed Income
$100,000 $100,000
$10,000 $10,000
$1,000 $1,000
$53 $95
$100 $100
$10 $10
$1 $1
$0 $0
1973 2018 1973 2018
1973 1973
1973 -4.7 1974 1973 -9.4 1974
1974 -5.0 -5.3 1975 1974 -10.4 -11.4 1975
1975 3.7 8.2 23.6 1976 1975 1.9 8.1 31.9 1976
1976 6.9 11.1 20.3 17.2 1977 1976 6.5 12.4 26.7 21.7 1977
1977 7.5 10.8 16.7 13.5 9.8 1978 1977 7.7 12.5 21.9 17.1 12.7 1978
1978 8.3 11.1 15.6 13.1 11.1 12.4 1979 1978 9.1 13.3 20.4 16.9 14.5 16.3 1979
1979 9.1 11.6 15.3 13.3 12.0 13.1 13.9 1980 1979 10.1 13.8 19.7 16.8 15.2 16.4 16.5 1980
1980 10.0 12.3 15.6 14.0 13.2 14.4 15.4 16.9 1981 1980 11.4 14.8 19.8 17.6 16.6 17.9 18.7 20.8 1981
1981 10.1 12.1 14.8 13.4 12.7 13.4 13.8 13.7 10.7 1982 1981 11.2 14.1 18.3 16.2 15.1 15.7 15.5 14.9 9.3 1982
1982 10.9 12.8 15.3 14.2 13.7 14.5 15.0 15.4 14.7 18.8 1983 1982 11.9 14.5 18.3 16.4 15.6 16.2 16.1 16.0 13.6 18.1 1983
1983 11.6 13.3 15.6 14.7 14.3 15.1 15.6 16.1 15.8 18.4 18.1 1984 1983 12.8 15.3 18.8 17.2 16.6 17.3 17.4 17.7 16.6 20.5 22.9 1984
1984 11.6 13.2 15.2 14.3 14.0 14.6 15.0 15.2 14.7 16.1 14.8 11.6 1985 1984 12.6 14.9 17.9 16.5 15.8 16.3 16.3 16.2 15.1 17.1 16.6 10.7 1985
1985 12.4 13.9 15.8 15.1 14.8 15.5 15.9 16.3 16.2 17.6 17.2 16.7 22.0 1986 1985 13.7 15.9 18.7 17.5 17.0 17.6 17.7 17.9 17.4 19.5 20.0 18.5 26.9 1986
1986 12.7 14.2 16.0 15.3 15.1 15.7 16.1 16.4 16.4 17.5 17.2 16.9 19.7 17.3 1987 1986 14.2 16.2 18.9 17.8 17.4 17.9 18.2 18.4 18.0 19.8 20.2 19.3 23.9 21.0 1987
1987 12.4 13.8 15.4 14.7 14.5 15.0 15.3 15.5 15.3 16.1 15.5 14.9 16.0 13.1 8.9 1988 1987 13.9 15.8 18.2 17.1 16.7 17.1 17.2 17.3 16.8 18.1 18.1 16.9 19.1 15.4 10.0 1988
1988 12.6 13.8 15.3 14.7 14.5 15.0 15.2 15.4 15.2 15.8 15.3 14.8 15.6 13.5 11.7 14.5 1989 1988 14.2 16.0 18.2 17.2 16.9 17.3 17.4 17.5 17.0 18.2 18.2 17.3 19.0 16.5 14.2 18.7 1989
1989 12.8 14.0 15.4 14.9 14.7 15.1 15.3 15.5 15.3 15.9 15.5 15.1 15.8 14.3 13.3 15.5 16.6 1990 1989 14.5 16.2 18.4 17.4 17.1 17.5 17.6 17.7 17.4 18.4 18.5 17.7 19.2 17.4 16.2 19.4 20.1 1990
1990 12.0 13.1 14.3 13.7 13.5 13.8 13.9 13.9 13.6 13.9 13.4 12.7 12.9 11.1 9.6 9.9 7.6 -0.7 1991 1990 13.3 14.8 16.7 15.8 15.4 15.6 15.5 15.4 14.9 15.5 15.2 14.1 14.7 12.4 10.4 10.5 6.7 -5.3 1991
1991 12.3 13.4 14.6 14.0 13.8 14.1 14.2 14.3 14.0 14.4 13.9 13.4 13.6 12.3 11.3 11.9 11.0 8.4 18.2 1992 1991 13.8 15.2 17.0 16.2 15.8 16.0 16.0 15.9 15.5 16.1 15.9 15.1 15.7 14.0 12.6 13.3 11.5 7.5 22.0 1992
1992 12.1 13.0 14.2 13.6 13.4 13.7 13.7 13.7 13.5 13.7 13.2 12.7 12.8 11.6 10.7 11.0 10.2 8.1 12.8 7.6 1993 1992 13.5 14.8 16.5 15.7 15.3 15.5 15.4 15.3 14.9 15.4 15.1 14.3 14.8 13.1 11.9 12.3 10.7 7.7 14.9 8.3 1993
1993 12.2 13.1 14.2 13.7 13.5 13.7 13.8 13.8 13.6 13.8 13.4 12.9 13.1 12.0 11.3 11.6 11.1 9.7 13.5 11.2 14.8 1994 1993 13.8 15.1 16.7 15.9 15.5 15.7 15.7 15.6 15.2 15.7 15.5 14.8 15.3 13.9 12.9 13.4 12.4 10.5 16.4 13.7 19.4 1994
1994 11.7 12.6 13.6 13.1 12.8 13.0 13.1 13.0 12.7 12.9 12.4 11.9 11.9 10.9 10.1 10.3 9.6 8.2 10.6 8.1 8.4 2.3 1995 1994 13.3 14.5 16.0 15.2 14.8 14.9 14.9 14.7 14.3 14.7 14.4 13.7 14.0 12.7 11.7 11.9 10.8 9.0 12.9 10.1 11.0 3.2 1995
1995 11.9 12.7 13.7 13.2 13.0 13.2 13.2 13.2 12.9 13.1 12.7 12.2 12.3 11.3 10.7 10.9 10.4 9.4 11.6 9.9 10.7 8.8 15.6 1996 1995 13.5 14.6 16.0 15.3 15.0 15.1 15.0 14.9 14.6 14.9 14.7 14.0 14.3 13.2 12.3 12.6 11.8 10.4 13.9 11.9 13.2 10.2 17.8 1996
1996 11.9 12.7 13.6 13.1 12.9 13.1 13.1 13.1 12.9 13.0 12.6 12.2 12.3 11.4 10.8 11.0 10.6 9.8 11.6 10.4 11.1 9.8 13.8 12.0 1997 1996 13.5 14.6 16.0 15.3 15.0 15.1 15.0 14.9 14.6 14.9 14.7 14.1 14.4 13.3 12.6 12.9 12.2 11.1 14.1 12.6 13.7 11.8 16.4 15.0 1997
1997 11.9 12.7 13.5 13.1 12.9 13.0 13.1 13.0 12.8 12.9 12.6 12.2 12.2 11.4 10.9 11.1 10.7 10.0 11.7 10.6 11.2 10.3 13.2 12.0 11.9 1998 1997 13.6 14.6 15.9 15.2 14.9 15.1 15.0 14.9 14.6 14.9 14.7 14.1 14.4 13.4 12.8 13.0 12.4 11.5 14.1 12.9 13.8 12.5 15.7 14.7 14.4 1998
1998 11.7 12.4 13.2 12.8 12.6 12.7 12.8 12.7 12.5 12.6 12.2 11.8 11.8 11.1 10.6 10.7 10.3 9.7 11.0 10.0 10.5 9.6 11.5 10.2 9.3 6.7 1999 1998 13.3 14.3 15.5 14.8 14.5 14.6 14.5 14.4 14.1 14.4 14.1 13.6 13.8 12.8 12.2 12.4 11.8 10.9 13.1 11.9 12.5 11.2 13.3 11.8 10.2 6.1 1999
1999 11.6 12.3 13.1 12.7 12.5 12.6 12.6 12.5 12.3 12.4 12.0 11.7 11.7 11.0 10.5 10.6 10.3 9.7 10.9 10.0 10.3 9.6 11.1 10.0 9.4 8.2 9.6 2000 1999 13.2 14.2 15.4 14.7 14.5 14.5 14.4 14.3 14.0 14.3 14.1 13.5 13.7 12.8 12.2 12.4 11.9 11.1 13.1 12.0 12.5 11.4 13.2 12.0 11.0 9.4 12.7 2000
2000 11.4 12.1 12.8 12.4 12.2 12.3 12.3 12.2 12.0 12.1 11.7 11.3 11.3 10.6 10.2 10.3 9.9 9.3 10.4 9.6 9.8 9.1 10.3 9.3 8.6 7.5 7.9 6.3 2001 2000 12.9 13.9 15.0 14.4 14.1 14.1 14.0 13.9 13.6 13.8 13.6 13.0 13.2 12.3 11.7 11.9 11.3 10.5 12.3 11.2 11.6 10.5 11.8 10.6 9.6 8.0 9.0 5.3 2001
2001 11.2 11.8 12.5 12.1 11.9 12.0 12.0 11.9 11.7 11.7 11.4 11.0 11.0 10.3 9.9 9.9 9.6 9.0 9.9 9.2 9.3 8.7 9.6 8.6 8.0 7.0 7.1 5.9 5.4 2002 2001 12.6 13.5 14.6 14.0 13.7 13.7 13.6 13.4 13.1 13.3 13.1 12.5 12.6 11.8 11.2 11.3 10.8 10.0 11.5 10.5 10.8 9.7 10.7 9.6 8.5 7.1 7.4 4.9 4.4 2002
2002 10.8 11.4 12.0 11.6 11.4 11.5 11.4 11.3 11.1 11.1 10.7 10.4 10.3 9.6 9.2 9.2 8.8 8.2 9.0 8.2 8.3 7.6 8.3 7.2 6.5 5.4 5.1 3.6 2.3 -0.7 2003 2002 12.1 12.9 13.9 13.2 12.9 12.9 12.8 12.6 12.3 12.4 12.2 11.6 11.7 10.8 10.2 10.2 9.7 8.9 10.2 9.2 9.2 8.2 8.8 7.6 6.4 4.9 4.5 1.9 0.3 -3.6 2003
2003 11.0 11.6 12.2 11.9 11.7 11.7 11.7 11.6 11.4 11.4 11.1 10.8 10.7 10.1 9.7 9.7 9.4 8.9 9.7 9.0 9.2 8.6 9.3 8.6 8.1 7.5 7.6 7.2 7.5 8.5 18.5 2004 2003 12.5 13.3 14.3 13.7 13.4 13.5 13.4 13.2 12.9 13.1 12.8 12.4 12.5 11.7 11.2 11.3 10.8 10.1 11.4 10.6 10.8 10.0 10.8 9.9 9.2 8.3 8.8 7.8 8.7 10.9 27.6 2004
2004 11.0 11.6 12.2 11.8 11.6 11.7 11.6 11.6 11.3 11.4 11.0 10.7 10.7 10.1 9.7 9.8 9.5 9.0 9.7 9.1 9.2 8.8 9.4 8.8 8.3 7.9 8.0 7.7 8.1 9.0 14.2 10.1 2005 2004 12.6 13.4 14.3 13.8 13.5 13.5 13.4 13.3 13.0 13.1 12.9 12.5 12.6 11.8 11.4 11.4 11.0 10.4 11.6 10.9 11.1 10.4 11.1 10.4 9.8 9.2 9.7 9.1 10.1 12.1 20.8 14.5 2005
2005 10.9 11.4 12.0 11.6 11.4 11.5 11.5 11.4 11.2 11.2 10.9 10.5 10.5 9.9 9.6 9.6 9.3 8.9 9.5 9.0 9.1 8.6 9.2 8.6 8.2 7.7 7.9 7.6 7.8 8.5 11.7 8.4 6.8 2006 2005 12.5 13.2 14.1 13.6 13.3 13.3 13.2 13.1 12.8 13.0 12.7 12.3 12.4 11.7 11.2 11.3 10.9 10.3 11.5 10.7 10.9 10.3 10.9 10.3 9.7 9.2 9.6 9.1 9.9 11.3 16.8 11.7 9.0 2006
2006 10.9 11.4 12.0 11.6 11.5 11.5 11.5 11.4 11.2 11.2 10.9 10.6 10.6 10.0 9.7 9.7 9.5 9.1 9.7 9.2 9.3 8.8 9.4 8.9 8.6 8.2 8.4 8.2 8.5 9.2 11.8 9.6 9.4 12.0 2007 2006 12.6 13.3 14.2 13.7 13.4 13.4 13.3 13.2 12.9 13.1 12.9 12.5 12.5 11.9 11.5 11.6 11.2 10.7 11.7 11.1 11.3 10.7 11.4 10.8 10.4 9.9 10.4 10.1 10.9 12.2 16.6 13.2 12.5 16.1 2007
2007 10.7 11.2 11.8 11.4 11.2 11.3 11.2 11.1 10.9 10.9 10.6 10.3 10.3 9.8 9.4 9.5 9.2 8.8 9.4 8.9 8.9 8.5 9.0 8.5 8.2 7.8 7.9 7.7 7.9 8.4 10.3 8.3 7.7 8.1 4.4 2008 2007 12.3 13.0 13.9 13.3 13.1 13.1 13.0 12.9 12.6 12.7 12.5 12.1 12.1 11.5 11.1 11.1 10.7 10.2 11.2 10.6 10.7 10.1 10.7 10.1 9.7 9.2 9.6 9.2 9.8 10.7 13.8 10.6 9.3 9.5 3.2 2008
2008 9.9 10.4 10.9 10.5 10.3 10.3 10.2 10.1 9.9 9.8 9.5 9.2 9.1 8.6 8.2 8.1 7.8 7.4 7.8 7.3 7.2 6.8 7.1 6.5 6.0 5.5 5.4 4.9 4.7 4.6 5.5 3.1 1.5 -0.3 -5.9 -15.2 2009 2008 11.1 11.7 12.5 11.9 11.6 11.6 11.5 11.3 11.0 11.0 10.8 10.3 10.3 9.6 9.1 9.1 8.6 8.0 8.8 8.1 8.1 7.4 7.7 6.9 6.3 5.6 5.5 4.8 4.7 4.7 6.2 2.4 -0.4 -3.4 -11.9 -24.8 2009
2009 10.1 10.5 11.0 10.7 10.5 10.5 10.5 10.3 10.1 10.1 9.8 9.5 9.4 8.9 8.6 8.5 8.3 7.9 8.3 7.8 7.8 7.4 7.7 7.2 6.8 6.4 6.4 6.1 6.1 6.2 7.2 5.4 4.5 3.9 1.3 -0.2 17.5 2010 2009 11.4 12.1 12.8 12.3 12.0 12.0 11.9 11.7 11.4 11.5 11.3 10.9 10.9 10.2 9.8 9.8 9.4 8.9 9.7 9.0 9.1 8.4 8.8 8.2 7.7 7.1 7.2 6.7 6.9 7.2 8.8 6.0 4.3 3.2 -0.8 -2.8 25.7 2010
2010 10.1 10.5 11.0 10.7 10.5 10.5 10.4 10.3 10.1 10.1 9.8 9.5 9.4 9.0 8.6 8.6 8.3 8.0 8.4 7.9 8.0 7.6 7.9 7.4 7.1 6.7 6.7 6.5 6.5 6.6 7.5 6.1 5.4 5.1 3.5 3.2 13.8 10.1 2011 2010 11.5 12.1 12.9 12.4 12.1 12.1 12.0 11.8 11.5 11.6 11.4 11.0 11.0 10.4 10.0 10.0 9.6 9.1 9.9 9.3 9.3 8.8 9.1 8.6 8.1 7.7 7.8 7.4 7.6 7.9 9.5 7.1 5.9 5.3 2.7 2.6 19.8 14.1 2011
2011 9.8 10.2 10.7 10.3 10.1 10.2 10.1 10.0 9.8 9.7 9.4 9.1 9.0 8.6 8.2 8.2 7.9 7.6 8.0 7.5 7.5 7.1 7.4 6.9 6.5 6.2 6.1 5.8 5.8 5.8 6.6 5.2 4.5 4.1 2.6 2.1 8.7 4.5 -0.9 2012 2011 11.1 11.7 12.4 11.9 11.7 11.6 11.5 11.3 11.0 11.1 10.9 10.5 10.5 9.9 9.4 9.4 9.0 8.6 9.3 8.7 8.7 8.1 8.4 7.9 7.4 6.9 7.0 6.5 6.6 6.8 8.1 5.8 4.7 4.0 1.7 1.3 11.9 5.5 -2.4 2012
2012 9.8 10.2 10.6 10.3 10.1 10.1 10.0 9.9 9.7 9.7 9.4 9.1 9.0 8.5 8.2 8.2 7.9 7.6 8.0 7.5 7.5 7.1 7.4 6.9 6.6 6.3 6.2 6.0 6.0 6.0 6.7 5.5 4.9 4.7 3.5 3.3 8.5 5.7 3.5 8.0 2013 2012 11.1 11.7 12.4 11.9 11.7 11.6 11.5 11.3 11.1 11.1 10.9 10.5 10.5 9.9 9.5 9.5 9.1 8.7 9.4 8.8 8.8 8.3 8.6 8.1 7.6 7.2 7.3 6.9 7.0 7.3 8.4 6.5 5.5 5.0 3.3 3.3 11.8 7.5 4.3 11.5 2013
2013 9.8 10.2 10.6 10.3 10.1 10.1 10.0 9.9 9.7 9.7 9.4 9.1 9.1 8.6 8.3 8.3 8.0 7.7 8.1 7.6 7.6 7.3 7.6 7.1 6.9 6.5 6.5 6.3 6.3 6.4 7.1 6.0 5.5 5.4 4.5 4.5 8.9 6.9 5.8 9.3 10.7 2014 2013 11.3 11.8 12.5 12.0 11.8 11.8 11.6 11.5 11.2 11.3 11.1 10.7 10.7 10.1 9.8 9.8 9.4 9.0 9.6 9.1 9.2 8.7 9.0 8.5 8.1 7.7 7.9 7.5 7.7 8.0 9.1 7.4 6.6 6.3 5.0 5.3 12.6 9.6 8.1 13.8 16.1 2014
2014 9.6 10.0 10.4 10.1 9.9 9.9 9.9 9.7 9.5 9.5 9.2 9.0 8.9 8.4 8.1 8.1 7.9 7.5 7.9 7.5 7.4 7.1 7.4 6.9 6.7 6.4 6.3 6.1 6.1 6.2 6.8 5.8 5.3 5.2 4.3 4.3 8.0 6.2 5.2 7.3 7.0 3.4 2015 2014 11.1 11.6 12.3 11.8 11.6 11.5 11.4 11.3 11.0 11.1 10.8 10.5 10.5 9.9 9.6 9.6 9.2 8.8 9.4 8.9 8.9 8.5 8.7 8.3 7.9 7.6 7.6 7.3 7.5 7.7 8.7 7.1 6.4 6.1 4.9 5.2 11.2 8.6 7.2 10.6 10.2 4.5 2015
2015 9.4 9.7 10.1 9.8 9.6 9.6 9.6 9.4 9.2 9.2 8.9 8.6 8.5 8.1 7.8 7.8 7.5 7.2 7.5 7.1 7.1 6.7 7.0 6.5 6.3 6.0 5.9 5.7 5.7 5.7 6.2 5.2 4.8 4.6 3.8 3.7 6.7 5.0 4.0 5.3 4.4 1.4 -0.6 2016 2015 10.8 11.3 11.9 11.5 11.2 11.2 11.1 10.9 10.6 10.7 10.5 10.1 10.1 9.5 9.2 9.1 8.8 8.4 9.0 8.5 8.5 8.0 8.2 7.8 7.4 7.0 7.1 6.8 6.8 7.0 7.9 6.4 5.7 5.4 4.2 4.4 9.4 6.8 5.4 7.5 6.2 1.6 -1.3 2016
2016 9.3 9.7 10.1 9.8 9.6 9.6 9.5 9.4 9.2 9.2 8.9 8.6 8.5 8.1 7.8 7.8 7.5 7.2 7.5 7.1 7.1 6.8 7.0 6.6 6.3 6.1 6.0 5.8 5.8 5.8 6.3 5.4 5.0 4.9 4.2 4.1 6.9 5.4 4.6 5.8 5.2 3.5 3.5 7.8 2017 2016 10.8 11.3 11.9 11.5 11.2 11.2 11.1 10.9 10.7 10.7 10.5 10.1 10.1 9.6 9.2 9.2 8.9 8.5 9.1 8.6 8.6 8.1 8.4 7.9 7.6 7.3 7.3 7.0 7.1 7.3 8.1 6.8 6.1 5.9 4.9 5.1 9.6 7.5 6.4 8.2 7.4 4.7 4.7 11.2 2017
2017 9.3 9.7 10.0 9.7 9.5 9.5 9.5 9.4 9.2 9.1 8.8 8.6 8.5 8.1 7.8 7.8 7.6 7.2 7.5 7.2 7.1 6.8 7.0 6.7 6.4 6.1 6.1 5.9 5.9 5.9 6.4 5.6 5.2 5.1 4.5 4.5 7.0 5.7 5.1 6.1 5.7 4.5 4.9 7.8 7.8 2018 2017 10.8 11.3 11.9 11.5 11.2 11.2 11.1 10.9 10.7 10.7 10.5 10.2 10.1 9.7 9.3 9.3 9.0 8.6 9.1 8.7 8.7 8.3 8.5 8.1 7.8 7.5 7.5 7.2 7.4 7.5 8.3 7.1 6.5 6.3 5.5 5.7 9.8 7.9 7.1 8.8 8.2 6.3 6.9 11.3 11.4 2018
2018 9.0 9.3 9.7 9.4 9.2 9.2 9.1 9.0 8.8 8.8 8.5 8.2 8.1 7.7 7.4 7.4 7.2 6.9 7.1 6.7 6.7 6.4 6.6 6.2 5.9 5.7 5.6 5.4 5.4 5.3 5.7 4.9 4.6 4.4 3.8 3.7 5.9 4.6 4.0 4.7 4.1 2.9 2.7 3.9 2.0 -3.5 2018 10.4 10.9 11.5 11.0 10.8 10.7 10.6 10.4 10.2 10.2 10.0 9.7 9.6 9.1 8.8 8.7 8.4 8.0 8.6 8.1 8.1 7.7 7.8 7.4 7.1 6.8 6.8 6.5 6.6 6.7 7.4 6.1 5.6 5.3 4.5 4.6 8.1 6.3 5.3 6.5 5.7 3.7 3.5 5.1 2.2 -6.2
1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Balanced Strategy: Aggressive Balanced Strategy: Equity
80% Equity, 20% Fixed Income 100% Equity
$100,000 $100,000
$10,000 $10,000
$1,000 $1,000 $266

$162
$100 $100
$10 $10
$1 $1
$0 $0
1973 2018 1973 2018
1973 1973
1973 -14.1 1974 1973 -18.6 1974
1974 -15.7 -17.3 1975 1974 -20.8 -22.9 1975
1975 -0.1 7.8 40.4 1976 1975 -2.2 7.3 49.3 1976
1976 5.9 13.6 33.2 26.3 1977 1976 5.2 14.6 39.8 30.8 1977
1977 7.8 14.1 27.1 20.9 15.7 1978 1977 7.8 15.6 32.4 24.6 18.7 1978
1978 9.8 15.3 25.3 20.7 18.0 20.3 1979 1978 10.4 17.3 30.3 24.5 21.5 24.3 1979
1979 11.1 16.0 24.1 20.3 18.4 19.7 19.2 1980 1979 11.9 18.0 28.6 23.8 21.6 23.1 21.8 1980
1980 12.7 17.2 24.2 21.2 19.9 21.4 21.9 24.7 1981 1980 13.9 19.5 28.6 24.8 23.3 24.9 25.1 28.5 1981
1981 12.2 16.0 21.7 18.9 17.4 17.9 17.1 16.0 8.0 1982 1981 13.1 17.8 25.2 21.5 19.7 20.0 18.6 17.0 6.6 1982
1982 12.7 16.1 21.2 18.6 17.4 17.7 17.1 16.4 12.5 17.3 1983 1982 13.4 17.6 24.0 20.8 19.2 19.3 18.0 16.8 11.4 16.4 1983
1983 14.0 17.2 21.9 19.8 18.8 19.4 19.2 19.2 17.4 22.5 27.9 1984 1983 15.0 19.1 25.0 22.3 21.1 21.5 20.9 20.7 18.2 24.5 33.1 1984
1984 13.6 16.5 20.6 18.6 17.7 18.0 17.6 17.2 15.4 18.1 18.5 9.7 1985 1984 14.5 18.1 23.3 20.7 19.4 19.6 18.8 18.2 15.7 18.9 20.3 8.6 1985
1985 14.9 17.7 21.6 19.9 19.2 19.6 19.5 19.6 18.6 21.4 22.8 20.3 31.9 1986 1985 16.1 19.6 24.4 22.2 21.3 21.6 21.2 21.1 19.7 23.2 25.6 22.0 37.0 1986
1986 15.6 18.3 21.9 20.3 19.7 20.2 20.2 20.3 19.6 22.0 23.3 21.8 28.3 24.8 1987 1986 16.9 20.2 24.8 22.8 22.0 22.4 22.1 22.2 21.1 24.3 26.3 24.2 32.7 28.6 1987
1987 15.3 17.7 21.0 19.5 18.9 19.2 19.1 19.0 18.2 20.1 20.6 18.9 22.1 17.5 10.6 1988 1987 16.5 19.5 23.7 21.7 20.9 21.2 20.8 20.7 19.6 21.9 23.1 20.7 25.0 19.4 10.9 1988
1988 15.7 18.1 21.1 19.7 19.2 19.5 19.4 19.5 18.8 20.5 21.0 19.7 22.3 19.3 16.6 23.0 1989 1988 17.2 20.1 23.9 22.2 21.5 21.7 21.5 21.4 20.6 22.7 23.8 22.0 25.6 22.0 18.9 27.4 1989
1989 16.2 18.4 21.3 20.0 19.5 19.9 19.8 19.9 19.4 20.9 21.4 20.3 22.6 20.4 18.9 23.4 23.7 1990 1989 17.8 20.5 24.1 22.5 21.9 22.2 22.0 22.0 21.3 23.3 24.3 22.9 25.9 23.3 21.6 27.4 27.3 1990
1990 14.6 16.5 19.0 17.7 17.2 17.3 17.0 16.8 16.1 17.0 17.0 15.5 16.5 13.6 11.0 11.1 5.6 -9.8 1991 1990 15.7 18.1 21.3 19.6 18.9 18.9 18.5 18.2 17.2 18.4 18.7 16.7 18.1 14.7 11.5 11.7 4.5 -14.2 1991
1991 15.1 17.0 19.4 18.2 17.7 17.9 17.7 17.6 16.9 17.9 17.9 16.7 17.8 15.6 13.8 14.6 12.0 6.5 25.8 1992 1991 16.4 18.7 21.8 20.2 19.6 19.6 19.3 19.1 18.2 19.5 19.8 18.3 19.7 17.1 14.9 15.9 12.3 5.5 29.6 1992
1992 14.8 16.6 18.8 17.7 17.1 17.2 17.0 16.9 16.2 17.0 17.0 15.8 16.6 14.6 13.0 13.5 11.2 7.3 17.1 8.9 1993 1992 16.0 18.2 21.1 19.6 18.9 18.9 18.6 18.3 17.5 18.5 18.8 17.3 18.4 16.0 14.0 14.6 11.6 6.8 19.2 9.6 1993
1993 15.2 16.9 19.1 18.0 17.5 17.7 17.5 17.4 16.8 17.6 17.6 16.6 17.4 15.7 14.5 15.2 13.7 11.3 19.3 16.2 24.0 1994 1993 16.6 18.7 21.5 20.1 19.5 19.5 19.2 19.0 18.3 19.4 19.6 18.4 19.5 17.5 16.0 16.9 14.9 11.9 22.3 18.8 28.8 1994
1994 14.7 16.3 18.3 17.2 16.7 16.8 16.6 16.4 15.9 16.5 16.4 15.4 16.0 14.4 13.1 13.5 12.0 9.8 15.3 12.0 13.6 4.0 1995 1994 16.1 18.0 20.6 19.2 18.6 18.6 18.3 18.0 17.3 18.2 18.3 17.1 18.0 16.0 14.5 15.1 13.1 10.5 17.7 14.0 16.2 4.8 1995
1995 14.9 16.5 18.4 17.4 16.9 17.0 16.8 16.6 16.1 16.7 16.7 15.8 16.4 14.9 13.9 14.3 13.1 11.4 16.2 14.0 15.7 11.7 20.0 1996 1995 16.3 18.2 20.7 19.4 18.8 18.8 18.5 18.3 17.6 18.5 18.6 17.5 18.3 16.6 15.4 15.9 14.4 12.4 18.6 16.0 18.2 13.2 22.3 1996
1996 15.1 16.5 18.4 17.4 17.0 17.0 16.9 16.7 16.2 16.8 16.8 16.0 16.5 15.2 14.3 14.7 13.7 12.3 16.5 14.8 16.3 13.8 19.0 18.1 1997 1996 16.5 18.3 20.7 19.5 18.9 18.9 18.6 18.5 17.9 18.6 18.8 17.8 18.6 17.0 15.9 16.5 15.2 13.6 19.0 17.0 18.9 15.8 21.7 21.1 1997
1997 15.1 16.5 18.3 17.4 17.0 17.0 16.9 16.7 16.3 16.8 16.8 16.0 16.5 15.4 14.5 14.9 14.1 12.9 16.6 15.1 16.4 14.6 18.4 17.5 17.0 1998 1997 16.6 18.4 20.6 19.5 19.0 19.0 18.7 18.5 18.0 18.7 18.9 17.9 18.7 17.2 16.3 16.8 15.7 14.3 19.1 17.4 19.1 16.7 21.0 20.4 19.6 1998
1998 14.7 16.1 17.7 16.8 16.4 16.5 16.3 16.1 15.6 16.1 16.0 15.3 15.7 14.5 13.7 14.0 13.2 12.0 15.1 13.7 14.5 12.7 15.0 13.3 11.0 5.3 1999 1998 16.1 17.8 19.9 18.8 18.2 18.2 17.9 17.7 17.2 17.8 17.9 16.9 17.6 16.2 15.2 15.6 14.5 13.1 17.1 15.4 16.5 14.1 16.6 14.7 11.7 4.3 1999
1999 14.8 16.1 17.7 16.8 16.4 16.4 16.2 16.1 15.7 16.1 16.0 15.3 15.7 14.6 13.9 14.2 13.4 12.4 15.2 14.0 14.7 13.2 15.1 14.0 12.6 10.5 15.9 2000 1999 16.2 17.9 19.9 18.8 18.3 18.3 18.0 17.8 17.3 17.9 18.0 17.1 17.7 16.4 15.5 15.9 14.9 13.7 17.3 15.9 16.8 14.9 17.1 15.8 14.1 11.4 19.1 2000
2000 14.4 15.6 17.1 16.3 15.9 15.9 15.7 15.5 15.1 15.5 15.4 14.7 15.0 13.9 13.2 13.4 12.6 11.7 14.1 12.8 13.3 11.9 13.3 12.0 10.5 8.4 10.0 4.3 2001 2000 15.8 17.3 19.2 18.1 17.6 17.6 17.3 17.1 16.5 17.1 17.1 16.2 16.7 15.5 14.6 14.9 13.9 12.7 15.9 14.4 15.0 13.2 14.7 13.2 11.3 8.6 10.9 3.3 2001
2001 14.0 15.1 16.6 15.7 15.3 15.3 15.1 14.9 14.5 14.8 14.7 14.0 14.2 13.2 12.5 12.6 11.9 10.9 13.0 11.8 12.2 10.8 11.8 10.5 9.0 7.1 7.7 3.8 3.3 2002 2001 15.3 16.7 18.5 17.5 16.9 16.9 16.6 16.3 15.8 16.3 16.3 15.4 15.8 14.6 13.7 13.9 12.9 11.8 14.5 13.1 13.5 11.7 12.8 11.2 9.4 7.0 7.9 2.7 2.0 2002
2002 13.2 14.3 15.6 14.8 14.4 14.3 14.1 13.9 13.4 13.7 13.5 12.8 13.0 12.0 11.2 11.2 10.4 9.5 11.3 10.0 10.1 8.7 9.3 7.8 6.2 4.2 3.9 0.2 -1.8 -6.7 2003 2002 14.3 15.7 17.4 16.3 15.8 15.7 15.3 15.1 14.5 14.9 14.8 13.9 14.2 13.0 12.1 12.2 11.1 10.0 12.3 10.8 10.9 9.1 9.7 8.0 5.9 3.4 3.2 -1.6 -4.0 -9.7 2003
2003 13.9 15.0 16.3 15.5 15.2 15.2 14.9 14.8 14.4 14.7 14.5 13.9 14.1 13.2 12.6 12.7 12.0 11.3 13.1 12.1 12.4 11.3 12.1 11.1 10.2 9.1 9.8 8.4 9.8 13.2 37.2 2004 2003 15.3 16.6 18.3 17.3 16.8 16.8 16.5 16.2 15.7 16.2 16.2 15.4 15.7 14.7 13.9 14.1 13.3 12.3 14.7 13.5 13.9 12.5 13.3 12.3 11.1 9.7 10.8 8.8 10.7 15.4 47.5 2004
2004 14.1 15.1 16.4 15.7 15.3 15.3 15.1 14.9 14.6 14.8 14.7 14.1 14.4 13.5 12.9 13.1 12.5 11.8 13.5 12.6 12.9 11.9 12.8 12.0 11.2 10.4 11.3 10.4 12.0 15.1 27.8 19.0 2005 2004 15.5 16.8 18.5 17.5 17.1 17.0 16.7 16.5 16.1 16.5 16.5 15.8 16.1 15.1 14.4 14.6 13.9 13.0 15.3 14.2 14.6 13.4 14.3 13.5 12.5 11.6 12.8 11.6 13.8 18.0 35.0 23.6 2005
2005 14.0 15.0 16.2 15.5 15.2 15.1 15.0 14.8 14.4 14.7 14.6 14.0 14.2 13.4 12.8 13.0 12.4 11.7 13.3 12.5 12.8 11.9 12.6 11.9 11.2 10.5 11.3 10.6 11.9 14.1 22.0 15.0 11.3 2006 2005 15.5 16.7 18.3 17.4 16.9 16.9 16.6 16.4 16.0 16.4 16.4 15.7 16.0 15.0 14.4 14.6 13.8 13.1 15.2 14.2 14.5 13.4 14.2 13.5 12.6 11.8 12.9 11.9 13.8 16.9 27.4 18.4 13.5 2006
2006 14.2 15.2 16.4 15.7 15.3 15.3 15.1 15.0 14.6 14.9 14.8 14.3 14.5 13.7 13.2 13.3 12.8 12.2 13.8 13.0 13.3 12.5 13.2 12.6 12.1 11.6 12.4 11.9 13.2 15.3 21.6 16.8 15.7 20.3 2007 2006 15.7 16.9 18.5 17.6 17.2 17.1 16.9 16.7 16.3 16.7 16.7 16.0 16.4 15.5 14.9 15.1 14.4 13.7 15.7 14.8 15.2 14.2 15.1 14.4 13.8 13.2 14.3 13.7 15.5 18.4 26.7 20.4 18.9 24.6 2007
2007 13.8 14.8 15.9 15.2 14.9 14.8 14.7 14.5 14.1 14.4 14.3 13.7 13.9 13.2 12.6 12.7 12.2 11.6 13.0 12.3 12.5 11.7 12.3 11.7 11.2 10.6 11.2 10.6 11.5 13.0 17.4 12.9 10.9 10.8 2.0 2008 2007 15.3 16.4 17.9 17.0 16.6 16.5 16.3 16.1 15.7 16.0 16.0 15.3 15.6 14.8 14.1 14.3 13.7 12.9 14.8 13.9 14.2 13.2 13.9 13.2 12.5 11.9 12.7 12.0 13.3 15.3 21.0 15.2 12.5 12.0 0.8 2008
2008 12.1 13.0 14.0 13.3 12.9 12.8 12.6 12.4 12.0 12.1 11.9 11.3 11.4 10.6 10.0 9.9 9.3 8.6 9.7 8.9 8.8 7.9 8.2 7.3 6.5 5.6 5.6 4.5 4.5 4.7 6.7 1.5 -2.4 -6.6 -17.7 -33.7 2009 2008 13.1 14.2 15.5 14.6 14.1 14.0 13.6 13.4 12.9 13.1 13.0 12.2 12.4 11.4 10.7 10.7 9.9 9.1 10.5 9.5 9.5 8.3 8.6 7.6 6.5 5.4 5.5 4.1 4.2 4.5 7.1 0.5 -4.6 -9.9 -23.4 -41.8 2009
2009 12.7 13.5 14.5 13.9 13.5 13.4 13.2 13.0 12.7 12.8 12.7 12.1 12.2 11.5 10.9 10.9 10.4 9.8 10.9 10.1 10.2 9.4 9.7 9.0 8.4 7.7 7.9 7.1 7.5 8.0 10.3 6.3 4.0 2.2 -3.2 -5.7 34.1 2010 2009 13.8 14.9 16.2 15.3 14.9 14.8 14.5 14.2 13.8 14.0 13.9 13.3 13.5 12.6 11.9 12.0 11.3 10.5 12.0 11.1 11.2 10.2 10.5 9.8 8.9 8.1 8.4 7.4 7.9 8.6 11.6 6.5 3.4 1.0 -5.8 -9.0 42.4 2010
2010 12.8 13.6 14.6 14.0 13.6 13.6 13.4 13.2 12.8 13.0 12.8 12.3 12.4 11.7 11.2 11.2 10.7 10.1 11.2 10.5 10.6 9.9 10.2 9.6 9.0 8.5 8.7 8.1 8.5 9.1 11.2 7.9 6.2 5.2 1.7 1.6 25.8 18.1 2011 2010 14.0 15.0 16.3 15.5 15.1 15.0 14.7 14.5 14.0 14.3 14.2 13.6 13.8 12.9 12.3 12.4 11.7 11.0 12.5 11.7 11.8 10.8 11.2 10.5 9.8 9.1 9.5 8.7 9.2 10.0 12.8 8.6 6.3 4.9 0.4 0.3 31.7 21.9 2011
2011 12.3 13.1 14.1 13.4 13.1 13.0 12.8 12.6 12.2 12.4 12.2 11.7 11.8 11.1 10.5 10.5 10.0 9.4 10.5 9.7 9.8 9.0 9.3 8.7 8.1 7.5 7.7 7.0 7.3 7.7 9.4 6.3 4.7 3.6 0.5 0.2 14.9 6.4 -4.1 2012 2011 13.4 14.4 15.7 14.8 14.4 14.3 14.0 13.8 13.3 13.6 13.5 12.8 13.0 12.1 11.5 11.6 10.9 10.2 11.5 10.7 10.8 9.8 10.1 9.4 8.7 7.9 8.2 7.4 7.7 8.3 10.6 6.6 4.4 3.0 -0.9 -1.3 17.8 7.1 -5.9 2012
2012 12.4 13.2 14.1 13.5 13.1 13.1 12.9 12.7 12.3 12.5 12.3 11.8 11.9 11.2 10.7 10.7 10.2 9.7 10.7 10.0 10.0 9.4 9.7 9.1 8.5 8.0 8.2 7.6 7.9 8.3 9.9 7.3 5.9 5.2 2.8 3.0 15.0 9.2 5.0 15.1 2013 2012 13.6 14.5 15.7 14.9 14.5 14.4 14.1 13.9 13.5 13.7 13.6 13.0 13.2 12.4 11.8 11.8 11.2 10.6 11.8 11.1 11.1 10.3 10.6 9.9 9.3 8.6 8.9 8.2 8.6 9.2 11.3 7.9 6.1 5.1 2.1 2.4 18.0 10.8 5.6 18.6 2013
2013 12.6 13.4 14.3 13.7 13.4 13.3 13.1 12.9 12.6 12.7 12.6 12.1 12.2 11.6 11.1 11.1 10.7 10.2 11.1 10.5 10.6 9.9 10.3 9.7 9.3 8.8 9.0 8.6 8.9 9.4 11.0 8.6 7.6 7.1 5.3 5.9 16.3 12.2 10.3 18.3 21.7 2014 2013 13.9 14.8 16.0 15.3 14.9 14.8 14.5 14.3 13.9 14.1 14.1 13.5 13.6 12.9 12.3 12.4 11.8 11.2 12.5 11.8 11.9 11.1 11.4 10.9 10.3 9.7 10.1 9.5 10.0 10.7 12.7 9.7 8.3 7.7 5.4 6.2 19.8 14.8 12.5 23.0 27.6 2014
2014 12.4 13.2 14.1 13.5 13.2 13.1 12.9 12.7 12.4 12.5 12.4 11.9 12.0 11.4 10.9 10.9 10.5 10.0 10.9 10.3 10.3 9.7 10.0 9.5 9.1 8.6 8.8 8.4 8.7 9.1 10.5 8.4 7.4 6.9 5.4 5.9 14.4 10.9 9.1 14.0 13.4 5.7 2015 2014 13.7 14.6 15.8 15.0 14.6 14.5 14.3 14.1 13.7 13.9 13.8 13.2 13.4 12.7 12.1 12.2 11.6 11.0 12.2 11.5 11.6 10.9 11.2 10.6 10.1 9.5 9.9 9.3 9.7 10.4 12.2 9.5 8.1 7.6 5.6 6.3 17.6 13.1 11.0 17.3 16.7 6.8 2015
2015 12.1 12.8 13.7 13.1 12.7 12.7 12.5 12.3 11.9 12.1 11.9 11.4 11.5 10.9 10.4 10.4 10.0 9.5 10.3 9.7 9.8 9.2 9.4 8.9 8.4 8.0 8.2 7.7 7.9 8.3 9.5 7.5 6.5 6.0 4.5 4.8 11.9 8.6 6.8 9.7 8.0 1.7 -2.1 2016 2015 13.3 14.2 15.3 14.5 14.2 14.0 13.8 13.6 13.2 13.4 13.3 12.7 12.8 12.1 11.6 11.6 11.1 10.5 11.6 10.9 11.0 10.2 10.5 9.9 9.4 8.8 9.1 8.5 8.8 9.3 11.0 8.4 7.1 6.5 4.6 5.1 14.4 10.3 8.1 11.9 9.8 1.8 -2.9 2016
2016 12.1 12.8 13.7 13.1 12.8 12.7 12.5 12.3 12.0 12.1 12.0 11.5 11.6 11.0 10.6 10.6 10.1 9.7 10.5 9.9 10.0 9.4 9.6 9.2 8.7 8.3 8.5 8.1 8.3 8.7 9.9 8.0 7.1 6.8 5.5 5.9 12.2 9.4 8.1 10.7 9.6 5.8 5.9 14.6 2017 2016 13.4 14.3 15.4 14.6 14.3 14.1 13.9 13.7 13.3 13.5 13.4 12.9 13.0 12.3 11.8 11.8 11.3 10.7 11.8 11.2 11.2 10.5 10.8 10.3 9.8 9.3 9.6 9.0 9.4 9.9 11.5 9.1 8.0 7.5 5.9 6.5 14.8 11.4 9.7 13.1 11.8 6.9 7.0 18.0 2017
2017 12.2 12.9 13.7 13.1 12.8 12.8 12.6 12.4 12.1 12.2 12.1 11.6 11.7 11.1 10.7 10.7 10.3 9.9 10.7 10.1 10.2 9.6 9.9 9.4 9.0 8.7 8.8 8.5 8.7 9.1 10.2 8.5 7.7 7.4 6.3 6.8 12.6 10.1 9.0 11.4 10.7 8.1 8.9 14.8 15.1 2018 2017 13.5 14.4 15.4 14.7 14.4 14.3 14.0 13.8 13.4 13.6 13.6 13.0 13.2 12.5 12.0 12.0 11.6 11.0 12.1 11.5 11.5 10.9 11.1 10.7 10.2 9.7 10.0 9.6 9.9 10.4 11.9 9.8 8.8 8.4 7.0 7.7 15.3 12.3 11.0 14.1 13.2 9.8 10.9 18.5 18.9 2018
2018 11.7 12.4 13.1 12.6 12.3 12.2 12.0 11.8 11.5 11.6 11.4 11.0 11.0 10.5 10.0 10.0 9.6 9.2 9.9 9.3 9.4 8.8 9.0 8.6 8.2 7.7 7.9 7.5 7.6 7.9 8.9 7.2 6.4 6.1 5.0 5.2 10.2 7.8 6.6 8.2 7.1 4.4 4.1 6.3 2.4 -8.9 2018 12.9 13.7 14.7 14.0 13.7 13.5 13.3 13.1 12.7 12.9 12.8 12.2 12.3 11.7 11.2 11.2 10.7 10.2 11.1 10.5 10.5 9.9 10.1 9.6 9.1 8.6 8.8 8.3 8.6 9.0 10.3 8.2 7.2 6.7 5.3 5.7 12.3 9.3 7.8 10.0 8.6 5.1 4.7 7.4 2.5 -11.6
1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
World Equity Market Capitalization How do we measure the world? Thinking only in terms of landmass can investment opportunities around the world. The size of each country has
distort investment decisions. Directly comparing the markets of nations been adjusted to reflect its total relative capitalization. Of course, the world
As of December 31, 2018 produces some surprising results. Measures such as population, gross is in motion—there is no fixed relationship between markets, and their
domestic product, or exports do not directly indicate the size or suitability proportion can change over time. Viewing the world this way brings the
of investments in a market. This cartogram illustrates the balance of equity scope of diversification into new light and helps clarify allocation decisions.
WHERE DIMENSIONAL INVESTS: ■■ DEVELOPED MARKETS ■ EMERGING MARKETS ■ NOT INVESTED
FINLAND
CANADA
$1,488B 3% SWEDEN
$512B $172B RUSSIA
$212B
NORWAY
$145B
1%
DENMARK KOREA
$251B $891B
MICROSOFT1
$785B
NETHERLANDS OTHER
2%
$429B EUROPEAN
1%
NATIONS
GERMANY POLAND
UNITED KINGDOM $70B
$2,590B $1,261B CHINA
5% 2%
$1,654B
3%
BELGIUM CZECH REPUBLIC
$186B $9B
AUSTRIA HUNGARY JAPAN

$58B $18B $3,946B
IRELAND
$98B
TAIWAN
$714B 8%
SWITZERLAND HONG KONG
1%
FRANCE $1,207B $533B
$1,480B
UNITED STATES
$27,155B 3% 2% 1%
54%
PAKISTAN
SPAIN ITALY
$468B $364B GREECE TURKEY
OTHER
1%
$18B $54B
1% INDIA
BANGLADESH ASIAN
NATIONS
$743B
PORTUGAL
$27B
1% VIETNAM
ISRAEL
$118B THAILAND
KUWAIT
SAUDI $168B PHILIPPINES
MOROCCO EGYPT $77B
$13B ARABIA
MALAYSIA
$150B
QATAR UAE
INDONESIA
SINGAPORE $143B
NIGERIA $225B
OTHER
MEXICO AFRICAN
$154B NATIONS
OTHER
CARIBBEAN
NATIONS AUSTRALIA
COLOMBIA $1,064B
$29B
2%
BRAZIL
PERU $443B
$22B SOUTH AFRICA
1% $349B
CHILE
$72B 1% NEW ZEALAND
ARGENTINA $62B
BY ASSET CLASS ($ TRILLIONS) BY NATION ($ BILLIONS) CHANGE OVER TIME
US $27 Developed ex US $16 Emerging $6 Not Invested $1  United States 27,155  Hong Kong 533  Finland 172  New Zealand 62  Morocco 18 Oman 7 Botswana 2
 Japan 3,946  Sweden 512  Thailand 168  Austria 58  Pakistan 17 Panama 7 Bulgaria 2
 United Kingdom 2,590  Spain 468  Mexico 154  Turkey 54  Bangladesh 14 Lebanon 6 Ecuador 2
 China 1,654  Brazil 443  Malaysia 150  UAE 51  Nigeria 14 Croatia 5 Ghana 2
 Canada 1,488  Netherlands 429  Norway 145  Vietnam 50  Egypt 13 Kazakhstan 5 Tunisia 2
 France 1,480  Italy 364  Indonesia 143  Kuwait 39  Czech Republic 9 Sri Lanka 5 Ukraine 2
2014 2015 2016 2017 2018
 Germany 1,261  South Africa 349  Israel 118  Colombia 29 Bahrain 8 Jamaica 4 Burkina Faso 1
$46.3 trillion $44.7 trillion $47.2 trillion $57.6 trillion $50.5 trillion
 Switzerland 1,207  Denmark 251  Ireland 98  Portugal 27 Jordan 8 Slovenia 4 Côte D’Ivoire 1
 Australia
 Korea
1,064
891
 Singapore
 Russia
225
212
 Philippines
 Chile
77
72
 Argentina
 Peru
24
22
Kenya
Romania
8
8
Trinidad and Tobago
Luxembourg
4
3
Estonia
Lithuania
1
1
+3% −3% +6% +22% −12%
 India 743  Saudi Arabia 205  Poland 70  Greece 18 Iceland 7 Senegal 3 Namibia 1
54% 33% 12% 1%
 Taiwan 714  Belgium 186  Qatar 65  Hungary 18 Mauritius 7 Serbia 3 Slovakia 1
In USD. Market cap data is free-float adjusted and meets minimum liquidity and listing requirements. Dimensional makes case-by-case determinations about the suitability of investing in each emerging market, making
1. An example large cap stock provided for comparison. considerations that include local market accessibility, government stability, and property rights before making investments. China market capitalization excludes A-shares, which are generally only available to mainland China
investors. Many nations not displayed. Totals may not equal 100% due to rounding. For educational purposes; should not be used as investment advice. Data provided by Bloomberg.
Global Bond Market Viewing the world in terms of bond markets produces a very different sizes of a country’s bond and equity markets are not necessarily the same.
perspective on countries and regions, as compared to their landmass, Different regulations and preferences regarding capital structures for
As of December 31, 2018 population, gross domestic product, or even stock markets. This cartogram companies—as well as differing requirements and methods for government
shows the balance of the investment grade fixed income opportunities funding—lead to different outcomes. These proportions can change over
around the world, with the size of each country adjusted to reflect the time, but viewing the fixed income world this way highlights opportunities
BOND TYPE: ■ GOVERNMENT ■ CORPORATE relative size of its fixed income market. It may be surprising that the relative for diversification in fixed income and helps clarify allocation decisions.
CANADA
$1,538B 4% SUPRANATIONAL
$1,105B 3%
SWEDEN
$219B FINLAND RUSSIA
$179B
NORWAY
$113B 1% $143B
DENMARK KOREA
$145B $728B
LITHUANIA KAZAKHSTAN
NETHERLANDS
$12B $19B
2%
CHINA
$784B POLAND $336B
$170B
2%
OTHER
EUROPEAN
NATIONS 1%
BELGIUM CZECH REPUBLIC
UNITED KINGDOM $60B
$526B
$2,519B
6% 1% GERMANY
SLOVAKIA
$44B
HONG KONG
$66B
JAPAN
$2,461B $8,691B
UNITED STATES
$13,503B
LUXEMBOURG
$26B
6% 20%
32% IRELAND
OTHER
ASIAN
$167B NATIONS
INDIA
$40B
FRANCE
$2,731B
6% SWITZERLAND
$318B
AUSTRIA
$323B THAILAND
1% 1% $170B
SLOVENIA HUNGARY
$32B
$59B
ROMANIA
$29B MALAYSIA PHILIPPINES
$164B $34B
SAUDI ARABIA
$61B
ITALY ISRAEL KUWAIT
SPAIN $15B INDONESIA
MEXICO $1,774B $78B SINGAPORE
$1,211B $236B
$117B
4%
$332B
1% 3% QATAR
$50B UAE
$78B
1%
OTHER
CARIBBEAN PORTUGAL
NATIONS $179B
PANAMA
$19B
AUSTRALIA
COLOMBIA $746B
$39B
PERU BRAZIL
OTHER
AFRICAN
2%
$29B $28B
NATIONS
URUGUAY
CHILE $13B
$53B NEW ZEALAND
$66B
SOUTH AFRICA
$14B
BY ASSET CLASS ($ TRILLIONS) BY NATION ($ BILLIONS) CHANGE OVER TIME
US $14 Developed ex US $26 Emerging $3 Other $0.5 United States* 13,503 Australia* 746 Portugal 179 Israel 78 Colombia 39 South Africa 14 Egypt 2
Japan* 8,691 Korea 728 Poland 170 Hong Kong 66 Philippines 34 Uruguay 13 Oman 2
France* 2,731 Belgium* 526 Thailand 170 New Zealand* 66 Slovenia 32 Lithuania 12 Taiwan 2
United Kingdom* 2,519 China 336 Ireland* 167 Saudi Arabia 61 Peru 29 Latvia 9 Estonia 1
Germany* 2,461 Mexico 332 Malaysia 164 Czech Republic 60 Romania 29 Bermuda 8 Guernsey 1
Italy* 1,774 Austria 323 Denmark* 145 Hungary 59 Brazil 28 Bulgaria 8 Jersey 1
2014 2015 2016 2017 2018
Canada* 1,538 Switzerland* 318 Russia 143 Chile 53 Luxembourg 26 Morocco 8 Liechtenstein 1
$36.6 trillion $36.2 trillion $37.9 trillion $42.3 trillion $42.7 trillion
Spain* 1,211 Indonesia 236 Singapore* 117 Qatar 50 Kazakhstan 19 Cyprus 7 Malta 1
Supranational*
Netherlands*
1,105
784
Sweden*
Finland*
219
179
Norway*
UAE
113
78
Slovakia
India
44
40
Panama
Kuwait
19
15
Macao
Iceland
6
4
Nigeria
Trinidad and Tobago
1
1
+2% −1% +5% +12% +1%
32% 61% 6% 1%
*Where Dimensional invests
In USD. Data is from Bloomberg Barclays Global Aggregate Ex-Securitized Bond Index. Index excludes non-investment grade securities, bonds with less than one year to maturity, tax-exempt municipal securities, inflation-linked
bonds, floating rate issues, and securitized bonds. Many nations not displayed. Totals may not equal 100% due to rounding. For educational purposes; should not be used as investment advice. Data provided by Bloomberg.
The Randomness of These two tables rank historical annual stock market performance for different developed and emerging Investors who follow a structured, diversified strategy are therefore more likely to capture the returns wherever
markets from highest to lowest in each year. Each color corresponds to a different country, and the patchwork they happen to occur in any given year. This diversified strategy also reduces the risk of being too heavily
Global Equity Returns dispersion of colors shows no predictable pattern in either the developed or the emerging markets. invested in any one country that happens to perform particularly badly in any given year.
As of December 31, 2018
Developed Markets Percentage of Annual Returns Emerging Markets Percentage of Annual Returns
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
HIGH
HIGH
Finland Switzerland New Zealand New Zealand Sweden Austria Canada Spain Finland Japan Norway Sweden Ireland Belgium Finland USA Denmark Canada Austria Finland Turkey Czech Rep. Russia Czech Rep. Thailand Colombia Egypt China Peru Colombia Brazil Thailand Indonesia Turkey Taiwan Egypt Hungary Brazil Poland Peru
152.6 5.9 8.4 24.2 64.5 71.5 28.3 49.4 48.7 −29.2 87.1 33.8 13.7 39.6 46.0 12.7 23.4 24.6 58.3 −3.4 253.1 1.3 55.5 43.7 143.5 132.4 161.6 82.9 94.4 −25.1 128.1 55.7 6.0 64.2 9.1 29.3 36.3 66.2 54.7 1.6
Singapore Canada Australia Austria Germany Norway Japan Portugal Hong Kong Switzerland Australia Denmark New Zealand Denmark Ireland New Zealand Ireland New Zealand Hong Kong New Zealand
Russia Poland Korea Indonesia Turkey Egypt Colombia Indonesia Brazil Chile Indonesia Peru Malaysia Egypt Egypt Indonesia Russia Peru China Russia
99.4 5.3 1.7 16.5 63.8 53.3 25.5 47.4 41.2 −30.5 76.4 30.7 5.5 31.3 41.2 7.3 16.5 18.4 36.2 −4.0 246.9 −4.2 48.0 41.9 125.3 126.2 107.2 73.8 79.6 −35.8 126.2 53.3 0.1 47.1 8.2 26.6 4.2 55.6 54.1 −0.4
Sweden Denmark Ireland Australia Spain Belgium Austria Ireland Germany USA Singapore Hong Kong USA Singapore USA Denmark Belgium Norway Singapore USA
Malaysia Brazil Colombia Peru Brazil Hungary Russia Peru Turkey South Africa Russia Chile Philippines Philippines Malaysia Philippines India Russia Korea Brazil
79.7 3.4 −2.8 −1.3 58.5 43.5 24.6 46.8 35.2 −37.6 74.0 23.2 1.4 31.0 31.8 6.2 12.1 13.3 35.6 −5.0
114.3 −11.7 45.1 30.5 114.4 91.5 73.1 62.1 74.1 −37.9 104.2 44.2 −0.9 46.4 7.7 25.6 −6.1 54.8 47.3 −0.5
Japan Norway Austria Norway Austria Ireland Denmark Singapore Norway Spain Sweden Singapore UK Germany Germany Hong Kong Japan Australia Denmark Hong Kong
Indonesia Chile Peru Hungary Peru Czech Rep. Korea Philippines India Peru India Colombia Thailand Poland Korea India Korea Hungary Chile Czech Rep.
61.5 −0.9 −5.6 −7.3 57.0 43.1 24.5 46.7 31.4 −40.6 64.2 22.1 −2.6 30.9 31.4 5.1 9.6 11.4 34.7 −7.8
93.1 −15.8 19.9 30.3 94.1 85.6 57.0 58.2 73.1 −40.2 102.8 43.4 −2.7 39.2 3.9 23.9 −6.7 35.4 42.2 −4.4
Hong Kong Italy Belgium Italy New Zealand Sweden Norway Norway Canada France Hong Kong Canada Switzerland New Zealand Spain Belgium Austria Austria Netherlands Norway
Korea Malaysia Mexico South Africa Egypt Poland Brazil Russia China Malaysia Turkey Malaysia Colombia Colombia China Turkey Philippines Thailand Hungary Thailand
59.5 −1.3 −10.9 −7.3 55.4 36.3 24.3 45.1 29.6 −43.3 60.2 20.5 −6.8 29.3 31.3 4.1 3.5 11.3 32.2 −8.6
92.0 −16.1 18.4 28.0 91.8 61.1 56.4 55.6 66.2 −41.2 97.5 37.0 −5.0 35.9 3.6 18.7 −6.8 26.6 39.9 −5.5
Canada Netherlands Spain Japan Canada New Zealand Finland Sweden Singapore Canada Belgium Japan Norway Hong Kong Netherlands Singapore Italy USA France Switzerland
53.7 −4.1 −11.4 −10.3 54.6 35.2 16.7 43.4 28.4 −45.5 57.5 15.4 −10.0 28.3 31.3 3.0 2.3 10.9 28.7 −9.1 Egypt South Africa Taiwan Thailand China Indonesia Turkey India Egypt Mexico Chile South Africa Czech Rep. Thailand Poland Thailand China Colombia India Malaysia
89.3 −17.5 10.0 27.3 87.6 50.6 56.1 51.0 58.4 −42.9 85.6 34.2 −6.0 34.5 2.6 16.5 −7.8 26.5 38.8 −6.0
Norway France Norway Switzerland Australia Italy Switzerland Denmark Australia Germany Canada USA Belgium Austria Belgium Ireland Finland France Italy Singapore
31.7 −4.3 −12.2 −10.3 49.5 32.5 16.3 38.8 28.3 −45.9 56.2 14.8 −10.6 25.9 27.6 2.3 2.0 4.9 28.4 −9.4 India Mexico Thailand Colombia Chile Mexico Mexico Brazil Czech Rep. Czech Rep. Colombia Indonesia Korea Mexico Russia Peru Taiwan Taiwan Peru Hungary
87.0 −20.5 5.0 24.8 83.3 48.3 49.1 45.3 55.3 −43.1 84.3 33.9 −12.0 29.1 0.8 10.5 −11.7 18.5 38.4 −6.1
France Australia USA Singapore Denmark Denmark Australia Belgium Denmark Singapore New Zealand Australia Australia Australia Japan Canada Netherlands Netherlands Norway Portugal
29.3 −10.0 −12.4 −11.0 49.3 30.8 16.0 36.7 25.6 −47.4 50.4 14.5 −11.0 22.1 27.2 1.5 1.3 4.8 28.3 −11.1 Mexico India Malaysia Russia India South Africa Czech Rep. Mexico Indonesia Taiwan Taiwan Philippines Mexico India Mexico Taiwan Mexico South Africa Turkey India
79.8 −22.1 4.6 15.4 78.3 44.9 45.8 41.4 54.2 −46.5 79.2 33.9 −12.1 26.0 0.2 9.4 −14.4 17.9 38.4 −7.3
USA Portugal UK Canada Norway Australia Singapore Austria Portugal Denmark Spain Switzerland Netherlands Sweden Switzerland Switzerland Portugal Portugal Germany Australia
21.9 −10.3 −14.0 −13.2 48.1 30.3 14.4 36.5 24.0 −47.6 43.5 11.8 −12.1 22.0 26.6 −0.1 0.9 3.6 27.7 −12.0 Brazil Peru Czech Rep. Korea Indonesia Turkey India Poland Malaysia Thailand Hungary Mexico South Africa Hungary Philippines China Chile Indonesia South Africa Taiwan
69.5 −23.9 −2.3 8.3 76.5 41.4 37.6 40.7 46.1 −48.5 77.6 27.6 −14.4 22.8 −2.7 8.0 −17.7 17.0 36.1 −8.9
Germany UK Denmark Portugal Ireland Spain Netherlands Germany Spain Netherlands UK Norway Spain France France Finland USA Germany Spain France
20.0 −11.5 −14.8 −13.8 43.8 28.9 13.9 36.0 24.0 −48.2 43.3 10.9 −12.3 21.3 26.3 −0.7 0.7 2.8 27.0 −12.8 South Africa Hungary Chile India Russia Brazil Peru Malaysia Thailand China Thailand Korea China China India South Africa Czech Rep. Chile Czech Rep. Indonesia
RETURNS
57.6 −27.0 −3.6 7.9 75.1 35.9 34.7 37.1 46.0 −50.8 76.6 26.7 −18.4 22.7 −3.8 5.2 −18.4 15.6 35.5 −9.2
Australia Austria Hong Kong Belgium Portugal Hong Kong Sweden France Netherlands UK Austria Finland Canada Netherlands Denmark Australia Switzerland Japan Japan Japan
RETURNS
17.6 −12.0 −18.6 −15.0 43.0 25.0 10.3 34.5 20.6 −48.3 43.2 10.3 −12.7 20.6 25.2 −3.4 0.4 2.4 24.0 −12.9
Taiwan Russia Indonesia Egypt Colombia Chile South Africa Czech Rep. Philippines Egypt Peru Taiwan Russia Korea Hungary Czech Rep. Indonesia Korea Thailand Colombia
New Zealand Ireland Canada UK France Portugal Germany Italy France Sweden Netherlands Austria Japan Switzerland Sweden Netherlands France Hong Kong Portugal Netherlands
52.6 −30.1 −9.0 1.6 66.4 28.0 28.3 33.9 40.4 −52.4 71.9 21.8 −19.6 21.2 −5.8 −4.4 −19.5 8.7 34.5 −11.5
12.9 −12.7 −20.4 −15.2 40.2 24.7 9.9 32.5 13.2 −49.9 42.3 9.9 −14.3 20.4 24.5 −3.5 −0.1 2.3 23.8 −13.1
Thailand China Hungary Poland Czech Rep. Philippines Poland Hungary Korea Philippines Korea India Chile Peru South Africa Mexico Malaysia China Taiwan Poland
UK USA Switzerland Spain Hong Kong Singapore France Netherlands New Zealand Italy Portugal UK Sweden Norway UK Japan Hong Kong Singapore Switzerland Sweden 47.1 −30.3 −9.4 1.0 64.4 25.8 24.2 33.7 31.9 −52.6 71.3 20.9 −20.4 20.2 −6.2 −9.3 −20.1 0.9 27.5 −12.9
12.5 −12.8 −21.4 −15.3 38.1 22.3 9.9 31.4 8.9 −50.0 40.4 8.8 −16.0 18.7 20.7 −4.0 −0.5 1.4 22.5 −13.7
Chile Colombia Brazil Malaysia South Africa Korea Philippines Chile Poland Poland Philippines Turkey Taiwan South Africa Czech Rep. Malaysia Thailand Poland Malaysia Egypt
Denmark Finland Portugal Denmark Italy Canada Belgium Australia UK Australia Denmark Germany Denmark USA Italy Spain Germany Sweden Finland UK 38.5 −38.9 −17.0 −0.7 45.9 22.1 22.6 28.7 25.2 −54.8 65.6 20.8 −20.9 18.7 −10.5 −10.7 −23.5 0.1 25.1 −14.0
12.1 −14.2 −22.0 −16.0 37.8 22.2 9.0 30.9 8.4 −50.7 36.6 8.4 −16.0 15.3 20.4 −4.7 −1.9 0.6 22.5 −14.2
Poland Egypt South Africa Mexico Taiwan India Chile South Africa Russia Korea China Russia Peru Taiwan Thailand Korea Egypt India Philippines Mexico
Netherlands Hong Kong Netherlands Hong Kong Singapore UK Hong Kong UK Italy Hong Kong France New Zealand Hong Kong UK Austria UK Sweden UK UK Denmark 31.3 −43.7 −17.2 −13.3 41.9 19.1 20.9 20.5 24.5 −55.3 62.3 19.1 −21.4 16.7 −14.6 −11.1 −23.7 −1.4 24.6 −15.5
6.9 −14.7 −22.1 −17.8 37.6 19.6 8.4 30.6 6.1 −51.2 31.8 8.3 −16.0 15.3 13.4 −5.4 −5.0 −0.1 22.3 −15.4
Peru Taiwan Philippines China Philippines Malaysia China Taiwan Chile Brazil South Africa Poland Brazil Malaysia Brazil Chile Poland Malaysia Indonesia Philippines
Spain Germany France Netherlands Japan France UK Hong Kong USA Portugal Italy Netherlands France Finland New Zealand Sweden New Zealand Spain USA Spain
19.7 −45.0 −19.4 −14.0 41.5 15.2 19.8 20.0 23.0 −56.2 57.8 15.2 −21.8 14.3 −16.0 −13.0 −25.4 −3.9 24.2 −16.5
4.8 −15.6 −22.4 −20.8 35.9 18.5 7.4 30.4 5.4 −52.2 26.6 1.7 −16.9 14.6 11.3 −7.5 −6.3 −1.0 21.2 −16.2
China Philippines India Chile Poland Taiwan Hungary Egypt South Africa Indonesia Mexico Egypt Poland Russia Colombia Brazil South Africa Czech Rep. Brazil China
Italy Spain Germany France Belgium Germany USA Finland Switzerland New Zealand USA Belgium Singapore Italy Hong Kong Italy UK Finland Sweden Canada
12.6 −45.1 −19.8 −20.3 35.1 9.0 17.9 17.1 18.1 −56.5 56.6 12.4 −30.1 13.7 −21.1 −14.0 −25.5 −5.0 24.1 −18.9
−0.3 −15.9 −22.4 −21.2 35.3 16.2 5.1 29.9 5.3 −53.8 26.3 −0.4 −17.9 12.5 11.1 −9.5 −7.6 −4.7 20.6 −17.2
Hungary Turkey China Taiwan Korea Russia Indonesia Colombia Hungary Hungary Malaysia Brazil Hungary Chile Chile Poland Peru Philippines Colombia Chile
Switzerland Belgium Singapore USA Switzerland Japan Spain Switzerland Austria Finland Switzerland France Germany Canada Portugal France Australia Switzerland Australia Italy
11.7 −45.8 −24.7 −24.7 35.0 5.5 15.1 13.6 16.8 −61.5 52.1 6.5 −33.6 7.8 −22.0 −14.2 −31.7 −6.6 16.3 −19.7
−7.0 −16.8 −23.4 −23.1 34.1 15.9 4.4 27.4 2.2 −55.2 25.3 −4.1 −18.1 9.1 11.0 −9.9 −10.0 −4.9 19.9 −17.8
Czech Rep. Korea Poland Philippines Mexico Peru Thailand Korea Colombia Turkey Poland China Turkey Indonesia Indonesia Colombia Turkey Turkey Mexico Korea
Portugal Sweden Italy Ireland UK Switzerland Italy Canada Sweden Norway Germany Portugal Portugal Japan Norway Germany Norway Ireland Belgium Germany
−8.9 −21.3 −26.6 −26.2 32.1 15.0 1.9 17.8 0.6 −64.2 25.2 −11.3 −23.1 8.2 9.4 −10.4 −15.0 −7.1 18.6 −22.2 5.2 −49.9 −27.7 −29.5 32.8 3.0 8.7 12.6 15.0 −62.3 41.5 4.6 −35.4 4.6 −23.5 −19.8 −31.9 −8.5 16.0 −20.9
Austria Singapore Sweden Finland USA Netherlands New Zealand New Zealand Belgium Belgium Ireland Italy Italy Ireland Canada Norway Spain Belgium Ireland Ireland Philippines Thailand Turkey Brazil Hungary China Taiwan Thailand Mexico India Egypt Czech Rep. India Czech Rep. Turkey Hungary Brazil Mexico Russia South Africa
−9.1 −27.7 −27.2 −30.3 28.4 12.2 1.7 16.6 −2.7 −66.5 12.3 −15.0 −23.2 5.7 5.6 −22.0 −15.6 −7.6 18.1 −25.3 3.3 −56.4 −32.8 −30.7 32.0 1.9 6.4 11.1 12.2 −64.6 39.7 −2.5 −37.2 2.5 −26.8 −27.4 −41.4 −9.2 5.2 −24.8
Ireland Japan Japan Sweden Netherlands USA Portugal USA Japan Austria Finland Ireland Finland Portugal Australia Austria Singapore Italy Canada Belgium Colombia Indonesia Egypt Turkey Malaysia Thailand Malaysia Turkey Taiwan Russia Czech Rep. Hungary Egypt Brazil Peru Russia Colombia Egypt Egypt Turkey
LOW
−12.6 −28.2 −29.4 −30.5 28.1 10.1 −1.9 14.7 −4.2 −68.4 11.1 −18.1 −31.9 3.5 4.2 −29.8 −17.7 −10.5 16.1 −26.9 −14.7 −62.2 −41.3 −35.8 26.6 −1.2 2.3 −7.2 8.4 −73.9 26.5 −9.6 −46.9 0.0 −29.8 −46.3 −41.8 −11.5 5.1 −41.4
Belgium New Zealand Finland Germany Finland Finland Ireland Japan Ireland Ireland Japan Spain Austria Spain Singapore Portugal Canada Denmark New Zealand Austria
LOW
−14.3 −33.5 −38.2 −33.2 19.4 6.1 −2.3 6.2 −20.1 −71.9 6.3 −22.0 −36.4 3.0 1.7 −38.2 −24.2 −15.8 11.7 −27.4
In USD. MSCI country indices (net dividends) for each country listed. Does not include Greece, which MSCI classified as a developed market prior to November 2013. Additional countries excluded due to data availability
or due to downgrades by MSCI from emerging to frontier market. MSCI data © MSCI 2019, all rights reserved.
In USD. MSCI country indices (net dividends) for each country listed. Does not include Israel, which MSCI classified as an emerging market prior to May 2010. Past performance is no guarantee of future results. Indices are not available for direct investment; therefore, their performance does not reflect the expenses associated with the management of an actual portfolio.
Sources and Descriptions of Data
US Equities Prior to January 1975 data, and companies with negative relative price. The index emphasizes companies lacking financial data, and companies with negative relative and lower relative price to a greater degree than the Dimensional Prior to July 1981
Targets all securities of US companies traded on the NYSE, NYSE MKT companies with higher profitability, lower relative price, and lower market price. The index emphasizes securities with higher profitability, lower International Adjusted Market Index. Profitability is measured as operating 50% Hoare Govett Small Companies Index, 50% Nomura Small
CRSP 1–10 INDEX (formerly AMEX), and Nasdaq Global Market with an emphasis on capitalization. Profitability is measured as operating income before relative price, and lower market capitalization. Profitability is measured income before depreciation and amortization minus interest expense scaled Companies Index.
CRSP Deciles 1–10 Index provided by the Center for Research in Security companies with smaller capitalization and lower relative price. depreciation and amortization minus interest expense scaled by book. as operating income before depreciation and amortization minus interest by book. Exclusions: REITs and investment companies. The index has been
Prices, University of Chicago. Exclusions: non-US companies, REITs, UITs, and investment companies. expense scaled by book. Exclusions: non-US companies, REITs, UITs, retroactively calculated by Dimensional and did not exist prior to April 2008. DIMENSIONAL INTERNATIONAL SMALL CAP VALUE INDEX
July 1962–present RUSSELL 3000 INDEX The index has been retroactively calculated by Dimensional and did not and investment companies. The index has been retroactively calculated The calculation methodology was amended in January 2014 to include January 1994–present
CRSP deciles 1–10 cap-based (market) portfolio; rebalanced quarterly Frank Russell Company is the source and owner of the trademarks, exist prior to December 2012. by Dimensional and did not exist prior to March 2007. The calculation profitability as a factor in selecting securities for inclusion in the index. Compiled by Dimensional from Bloomberg securities data. The index
all exchanges; CRSP market index-weighted average of CRSP 1 service marks, and copyrights related to the Russell Indexes. methodology was amended in January 2014 to include profitability as is defined as companies whose relative price is in the bottom 35% of
through CRSP 10. DIMENSIONAL US LARGE CAP HIGH PROFITABILITY INDEX a factor in selecting securities for inclusion in the index. DIMENSIONAL INTERNATIONAL LARGE VALUE INDEX their country’s respective constituents in the Dimensional International
RUSSELL 1000 INDEX Compiled by Dimensional from CRSP and Compustat data. Targets Prior to January 1975 Compiled by Dimensional from Bloomberg securities data. Targets large Small Cap Index after the exclusion of utilities and companies with
Prior to July 1962 securities of US companies with market capitalizations above the 1,000th cap companies whose relative price is in the bottom 30% of their country’s either negative or missing relative price data. The index also excludes
Frank Russell Company is the source and owner of the trademarks, Targets securities of US companies traded on the NYSE, NYSE MKT
NYSE; rebalanced semiannually. largest company whose profitability is in the top 35% of all large cap large companies after the exclusion of utilities and companies with either those companies with the lowest profitability within their country’s
service marks, and copyrights related to the Russell Indexes. (formerly AMEX), and Nasdaq Global Market whose relative price is in
companies after the exclusion of utilities, companies lacking financial the bottom 25% of the Dimensional US Small Cap Index after the exclusion negative or missing relative price data. The index emphasizes companies small value universe. Profitability is measured as operating income
S&P 500 INDEX data, and companies with negative relative price. The index emphasizes with smaller market capitalization, lower relative price, and higher before depreciation and amortization minus interest expense scaled
RUSSELL 1000 VALUE INDEX of utilities, companies lacking financial data, and companies with negative
S&P data © 2019 S&P Dow Jones Indices LLC, a division of S&P Global. companies with lower relative price, higher profitability, and lower market profitability. The index also excludes those companies with the lowest by book. Exclusions: REITs and investment companies. The index has
Frank Russell Company is the source and owner of the trademarks, relative price.
All rights reserved. capitalization. Profitability is measured as operating income before profitability and highest relative price within their country’s large value been retroactively calculated by Dimensional and did not exist prior to
service marks, and copyrights related to the Russell Indexes.
depreciation and amortization minus interest expense scaled by book. DIMENSIONAL US TARGETED VALUE INDEX universe. Profitability is measured as operating income before depreciation April 2008. The calculation methodology was amended in January 2014
DIMENSIONAL US ADJUSTED MARKET 1 INDEX Exclusions: Non-US companies, REITs, UITs, and investment companies. and amortization minus interest expense scaled by book. Exclusions: REITs to include profitability as a factor in selecting securities for inclusion in
RUSSELL 1000 GROWTH INDEX January 1975–present
January 1975–present The index has been retroactively calculated by Dimensional and did not and investment companies. The index has been retroactively calculated the index.
Frank Russell Company is the source and owner of the trademarks, Compiled by Dimensional from CRSP and Compustat data. Targets
Compiled by Dimensional from CRSP and Compustat data. Targets all exist prior to December 2016. by Dimensional and did not exist prior to April 2008. The calculation
service marks, and copyrights related to the Russell Indexes. securities of US companies traded on the NYSE, NYSE MKT (formerly Prior to January 1994
securities of US companies traded on the NYSE, NYSE MKT (formerly AMEX), methodology was amended in January 2014 to include profitability as
AMEX), and Nasdaq Global Market with market capitalizations below the Includes securities of MSCI EAFE countries in the top 30% of book-to-
and Nasdaq Global Market with an emphasis on companies with smaller RUSSELL 2000 INDEX a factor in selecting securities for inclusion in the index.
DIMENSIONAL US ADJUSTED LARGE CAP EQUITY INDEX 500th company in the US market whose relative price is in the bottom 50% market by market capitalization conditional on the securities being
capitalization, lower relative price, and higher profitability. Profitability Frank Russell Company is the source and owner of the trademarks,
January 1975–present of the small and mid cap universe after the exclusion of utilities, companies in the bottom 10% of market capitalization excluding the bottom 1%.
is measured as operating income before depreciation and amortization service marks, and copyrights related to the Russell Indexes. DIMENSIONAL INTERNATIONAL LARGE CAP GROWTH INDEX
Compiled by Dimensional from CRSP and Compustat data. Targets the lacking financial data, and companies with negative relative price. The All securities are market capitalization weighted. Each country is capped
minus interest expense scaled by book. Exclusions: non-US companies, Compiled by Dimensional from Bloomberg securities data. Targets large
securities of the largest 1,000 US companies traded on the NYSE, NYSE index emphasizes companies with higher profitability. Profitability is at 50%; rebalanced semiannually.
REITs, UITs, and investment companies. The index has been retroactively RUSSELL 2000 VALUE INDEX cap securities in the eligible markets whose relative price is in the top
MKT (formerly AMEX), and Nasdaq Global Market with an emphasis on measured as operating income before depreciation and amortization
calculated by Dimensional and did not exist prior to March 2007. Frank Russell Company is the source and owner of the trademarks, 50% of the country’s large cap securities after the exclusion of utilities
companies with smaller capitalization, lower relative price, and higher minus interest expense scaled by book. Exclusions: non-US companies,
The calculation methodology was amended in January 2014 to include service marks, and copyrights related to the Russell Indexes. and companies with negative or missing relative price data. The index DIMENSIONAL INTERNATIONAL SMALL CAP GROWTH INDEX
profitability. Profitability is measured as operating income before REITs, UITs, and investment companies. The index has been retroactively
profitability as a factor in selecting securities for inclusion in the index. emphasizes companies with smaller market capitalization, lower relative Compiled by Dimensional from Bloomberg securities data. Targets small
depreciation and amortization minus interest expense scaled by book. calculated by Dimensional and did not exist prior to March 2007. The
price, and higher profitability. Profitability is measured as operating cap securities in the eligible markets whose relative price is in the top
Prior to January 1975 Exclusions: non-US companies, REITs, UITs, and investment companies. RUSSELL 2000 GROWTH INDEX calculation methodology was amended in January 2014 to include
income before depreciation and amortization minus interest expense 50% of the country’s small cap securities after the exclusion of utilities
Targets all securities of US companies traded on the NYSE, NYSE MKT The index has been retroactively calculated by Dimensional and did not Frank Russell Company is the source and owner of the trademarks, profitability as a factor in selecting securities for inclusion in the index.
scaled by book. Exclusions: REITs and investment companies. The index and companies with negative or missing relative price data. The index
(formerly AMEX), and Nasdaq Global Market with an emphasis on exist prior to December 2012. The calculation methodology was amended service marks, and copyrights related to the Russell Indexes.
Prior to January 1975 has been retroactively calculated by Dimensional and did not exist prior excludes companies with the lowest profitability and highest relative price
companies with smaller capitalization and lower relative price. in January 2014 to include profitability as a factor in selecting securities within the small growth universe. Profitability is measured as operating
Targets securities of US companies traded on the NYSE, NYSE MKT (formerly to April 2008. The calculation methodology was amended in January 2014
for inclusion in the index. DIMENSIONAL US SMALL CAP GROWTH INDEX
AMEX), and Nasdaq Global Market with market capitalizations below the to include profitability as a factor in selecting securities for inclusion in income before depreciation and amortization minus interest expense
DIMENSIONAL US ADJUSTED MARKET 2 INDEX Compiled by Dimensional from CRSP and Compustat data. Targets
1,000th company in the US market whose relative price is in the bottom the index. scaled by book. Exclusions: REITs and investment companies. The index
January 1975–present Prior to January 1975 securities of US companies traded on the NYSE, NYSE MKT (formerly AMEX),
50% of the small and mid cap universe after the exclusion of utilities, has been retroactively calculated by Dimensional and did not exist prior
Compiled by Dimensional from CRSP and Compustat data. Targets all Targets the securities of the largest 1,000 US companies traded on and Nasdaq Global Market with market capitalizations in the lowest 8%
companies lacking financial data, and companies with negative relative to April 2008. The calculation methodology was amended in January 2014
securities of US companies traded on the NYSE, NYSE MKT (formerly the NYSE, NYSE MKT (formerly AMEX), and Nasdaq Global Market of the total market capitalization whose relative price is in the top 50% of DIMENSIONAL INTERNATIONAL LARGE CAP HIGH
price. Mid cap companies with low relative price are generally defined to include profitability as a factor in selecting securities for inclusion in
AMEX), and Nasdaq Global Market with an emphasis on companies with with an emphasis on companies with smaller capitalization and lower all small cap companies after the exclusion of utilities, companies lacking PROFITABILITY INDEX
as companies whose market capitalization falls below that of the 500th the index.
smaller capitalization, lower relative price, and higher profitability. relative price. financial data, and companies with negative relative price. The index Compiled by Dimensional from Bloomberg securities data. Targets large
largest company in the eligible market and whose relative price is in the
The index overweights securities of companies with smaller capitalization excludes companies with the lowest profitability. Profitability is measured cap securities in the eligible markets whose profitability is in the top
in the bottom 25% of the small and mid cap universe after the exclusion MSCI EMERGING MARKETS INDEX
and lower relative price to a greater degree than the Dimensional US DIMENSIONAL US LARGE CAP VALUE INDEX as operating income before depreciation and amortization minus interest 35% of their country’s large cap securities after the exclusion of utilities,
of utilities, companies lacking financial data, and companies with negative MSCI Emerging Markets Index (gross dividends) © MSCI 2019,
Adjusted Market 1 Index. Profitability is measured as operating income January 1975–present expense scaled by book. Exclusions: non-US companies, REITs, UITs, and companies lacking financial data, and companies with negative relative
relative price. all rights reserved.
before depreciation and amortization minus interest expense scaled by Compiled by Dimensional from CRSP and Compustat data. Targets investment companies. The index has been retroactively calculated by price. The index emphasizes companies with smaller market capitalization,
book. Exclusions: non-US companies, REITs, UITs, and investment securities of US companies traded on the NYSE, NYSE MKT (formerly Dimensional and did not exist prior to December 2012. lower relative price, and higher profitability. Profitability is measured as
MSCI EMERGING MARKETS SMALL CAP INDEX
companies. The index has been retroactively calculated by Dimensional AMEX), and Nasdaq Global Market with market capitalizations above Non-US Equities operating income before depreciation and amortization minus interest
MSCI Emerging Markets Small Cap Index (gross dividends) © MSCI 2019,
and did not exist prior to March 2007. The calculation methodology was the 1,000th largest company whose relative price is in the bottom 30% DIMENSIONAL US SMALL CAP INDEX expense scaled by book. Exclusions: REITs and investment companies.
of the Dimensional US Large Cap Index after the exclusion of utilities, January 1975–present MSCI WORLD EX USA INDEX The index has been retroactively calculated by Dimensional and did not all rights reserved.
amended in January 2014 to include profitability as a factor in selecting
companies lacking financial data, and companies with negative relative Compiled by Dimensional from CRSP and Compustat data. Targets MSCI World ex USA Index (gross dividends) © MSCI 2019, exist prior to December 2016.
securities for inclusion in the index.
price. The index emphasizes securities with higher profitability, lower securities of US companies traded on the NYSE, NYSE MKT (formerly AMEX), all rights reserved. DIMENSIONAL EMERGING MARKETS ADJUSTED MARKET INDEX
Prior to January 1975 relative price, and lower market capitalization. Profitability is measured and Nasdaq Global Market whose market capitalization falls in the lowest Compiled by Dimensional from Bloomberg securities data. Targets all
MSCI WORLD EX USA SMALL CAP INDEX
Targets all securities of US companies traded on the NYSE, NYSE MKT as operating income before depreciation and amortization minus interest 8% of the total market capitalization of the eligible market. The index MSCI ALL COUNTRY WORLD EX USA INDEX securities in the eligible markets with an emphasis on companies with
MSCI World ex USA Small Cap Index (gross dividends) © MSCI 2019,
(formerly AMEX), and Nasdaq Global Market with an emphasis on expense scaled by book. Exclusions: non-US companies, REITs, UITs, emphasizes companies with higher profitability. Profitability is measured MSCI All Country World ex USA Index (gross dividends) © MSCI 2019, smaller market capitalization, lower relative price, and higher profitability.
all rights reserved.
companies with smaller capitalization and lower relative price. and investment companies. The index has been retroactively calculated as operating income before depreciation and amortization minus interest all rights reserved. Profitability is measured as operating income before depreciation and
by Dimensional and did not exist prior to March 2007. The calculation expense scaled by book. Exclusions: non-US companies, REITs, UITs, amortization minus interest expense scaled by book. Exclusions: REITs
DIMENSIONAL INTERNATIONAL SMALL CAP INDEX
DIMENSIONAL US ADJUSTED MARKET VALUE INDEX methodology was amended in January 2014 to include profitability and investment companies. The index has been retroactively calculated DIMENSIONAL INTERNATIONAL ADJUSTED MARKET INDEX and investment companies. The index has been retroactively calculated
January 1994–present
January 1975–present as a factor in selecting securities for inclusion in the index. by Dimensional and did not exist prior to March 2007. The calculation Compiled by Dimensional from Bloomberg securities data. Targets all the by Dimensional and did not exist prior to April 2008. The calculation
Compiled by Dimensional from Bloomberg securities data. Market
Compiled by Dimensional from CRSP and Compustat data. Targets all methodology was amended in January 2014 to include profitability as securities in the eligible markets with an emphasis on companies with methodology was amended in January 2014 to include profitability as
Prior to January 1975 capitalization-weighted index of small company securities in the eligible
securities of US companies traded on the NYSE, NYSE MKT (formerly a factor in selecting securities for inclusion in the index. smaller market capitalization, lower relative price, and higher profitability. a factor in selecting securities for inclusion in the index.
Targets securities of US companies traded on the NYSE, NYSE MKT (formerly markets excluding those with the lowest profitability and highest relative
AMEX), and Nasdaq Global Market with an emphasis on companies Profitability is measured as operating income before depreciation and
AMEX), and Nasdaq Global Market with market capitalizations above the Prior to January 1975 price within the small cap universe. Profitability is measured as operating
with smaller capitalization, lower relative price, and higher profitability. amortization minus interest expense scaled by book. Exclusions: REITs DIMENSIONAL EMERGING MARKETS VALUE INDEX
1,000th largest company whose relative price is in the bottom 25% of the Targets securities of US companies traded on the NYSE, NYSE MKT (formerly income before depreciation and amortization minus interest expense scaled
The index overweights securities of companies with smaller capitalization and investment companies. The index has been retroactively calculated January 1994–present
Dimensional US Large Cap Index after the exclusion of utilities, companies AMEX), and Nasdaq Global Market whose market capitalization falls in the by book. Exclusions: REITs and investment companies. The index has been
and lower relative price to a greater degree than the Dimensional US by Dimensional and did not exist prior to April 2008. The calculation Compiled by Dimensional from Bloomberg securities data. Targets
lacking financial data, and companies with negative relative price. lowest 8% of the total market capitalization of the eligible market. retroactively calculated by Dimensional and did not exist prior to April 2008.
Adjusted Market 2 Index. Profitability is measured as operating income methodology was amended in January 2014 to include profitability as securities of companies whose relative price is in the bottom 33% of
The calculation methodology was amended in January 2014 to include
before depreciation and amortization minus interest expense scaled by a factor in selecting securities for inclusion in the index. their country’s companies after the exclusion of utilities and companies
DIMENSIONAL US LARGE CAP GROWTH INDEX DIMENSIONAL US SMALL CAP VALUE INDEX profitability as a factor in selecting securities for inclusion in the index.
book. Exclusions: non-US companies, REITs, UITs, and investment with either negative or missing relative price data. The index emphasizes
companies. The index has been retroactively calculated by Dimensional Compiled by Dimensional from CRSP and Compustat data. Targets January 1975–present DIMENSIONAL INTERNATIONAL VECTOR INDEX July 1981–December 1993 companies with smaller market capitalization, lower relative price, and
and did not exist prior to March 2007. The calculation methodology was securities of US companies traded on the NYSE, NYSE MKT (formerly Compiled by Dimensional from CRSP and Compustat data. Targets Compiled by Dimensional from Bloomberg securities data. Targets all the Created by Dimensional; includes securities of MSCI EAFE countries higher profitability. The index also excludes those companies with the
amended in January 2014 to include profitability as a factor in selecting AMEX), and Nasdaq Global Market with market capitalizations above the securities of US companies traded on the NYSE, NYSE MKT (formerly securities in the eligible markets with an emphasis on companies with in the bottom 10% of market capitalization excluding the bottom 1%. lowest profitability and highest relative price within their country’s value
securities for inclusion in the index. 1,000th largest company whose relative price is in the top 50% of all large AMEX), and Nasdaq Global Market whose relative price is in the bottom smaller market capitalization, lower relative price, and higher profitability. All securities are market capitalization weighted. Each country is capped universe. Profitability is measured as operating income before depreciation
cap companies after the exclusion of utilities, companies lacking financial 35% of the Dimensional US Small Cap Index after the exclusion of utilities, The index overweights securities of companies with smaller capitalization at 50%; rebalanced semiannually. and amortization minus interest expense scaled by book. Exclusions:
REITs and investment companies. The index has been retroactively DIMENSIONAL US ADJUSTED INVESTMENT GRADE INDEX global investment grade corporate bonds, and global BB corporates.
calculated by Dimensional and did not exist prior to April 2008. Compiled by Dimensional using data provided by Bloomberg. Includes Eligible currencies: AUD, CAD, CHF, EUR, GBP, JPY, USD. Currency exposure
The calculation methodology was amended in January 2014 to securities in Bloomberg Barclays US 3–10 Year Government, Credit Aaa, Aa, is hedged to USD. Within the universe, the index identifies the yield curves
include profitability as a factor in selecting securities for inclusion in A, Baa indexes, and Bloomberg Barclays US 1–3 Year Government, Credit that offer the highest expected returns, the duration ranges on those yield
the index. Aaa, Aa, A, Baa indexes. Securities can be over- or underweighted based on curves offering the highest expected returns, and assesses the increased
government/credit spreads. When the difference in yields between credit expected returns associated with allocation to bonds with different credit
Prior to January 1994
and government bonds is narrow, government bonds may be held above qualities. It then overweights (with respect to their market cap weight)
Fama/French Emerging Markets Value Index.
50%. When the difference in yields between credit and government bonds bonds of yield curves, duration ranges, and credit qualities that offer higher
is wide, government bonds may be held below 50%. Securities can be expected returns. It also employs credit quality, currency, and duration
DIMENSIONAL EMERGING MARKETS GROWTH INDEX over- or underweighted with respect to their market cap weight based on requirements relative to the eligible market.
Compiled by Dimensional from Bloomberg securities data. Targets credit spreads. When the difference in yields between AAA+AA and A+BBB
securities of companies whose relative price is in the top 50% of their is narrow, AAA+AA bonds may be held above market cap weight. When DOW JONES US SELECT REIT INDEX
country’s companies after the exclusion of utilities and companies with the difference in yields between AAA+AA and A+BBB is wide, AAA+AA Dow Jones data © 2019 S&P Dow Jones Indices LLC, a division of S&P
either negative or missing relative price data. The index emphasizes bonds may be held below market cap weight. When the difference in Global. All rights reserved.
companies with smaller market capitalization, lower relative price, yields between AAA+AA and BBB is narrow, BBB bonds may be held
and higher profitability. Profitability is measured as operating income below market cap weight. When the difference in yields between AAA+AA S&P GLOBAL EX US REIT INDEX
before depreciation and amortization minus interest expense scaled and BBB is wide, BBB bonds may be held above market cap weight. Shown in gross dividends. S&P data © 2019 S&P Dow Jones Indices LLC,
by book. Exclusions: REITs and investment companies. The index has The duration of the index is based on the term spread between 5–10 a division of S&P Global. All rights reserved.
been retroactively calculated by Dimensional and did not exist prior to year government/credit bonds and 1–3 year government/credit bonds.
April 2008. The calculation methodology was amended in January 2014 When the term spread is wide, the duration of the index can be longer
to include profitability as a factor in selecting securities for inclusion in BLOOMBERG BARCLAYS MUNICIPAL BOND INDEX
than the duration of Bloomberg Barclays US Aggregate Index. When the Data provided by Bloomberg.
the index. term spread is narrow, the duration of the index can be shorter than the
duration of Bloomberg Barclays US Aggregate Index. The duration of the BLOOMBERG COMMODITY TOTAL RETURN INDEX
DIMENSIONAL EMERGING MARKETS SMALL INDEX government component is based on the term spread between 5–10 year
January 1994–present Data provided by Bloomberg.
government bonds and 1–3 year government bonds. When the term
Compiled by Dimensional from Bloomberg securities data. The index is a spread is wide, the duration of the government component can be longer
market capitalization-weighted index of small company securities in the BLOOMBERG BARCLAYS US TIPS INDEX
than the duration of Bloomberg Barclays US Government Index. When
eligible markets excluding those with the lowest profitability and highest Data provided by Bloomberg.
the term spread is narrow, the duration of the index can be shorter than
relative price within the small cap universe. Profitability is measured as the duration of Bloomberg Barclays US Government Index.
operating income before depreciation and amortization minus interest
expense scaled by book. Exclusions: REITs and investment companies.
Inflation
FTSE WORLD GOVERNMENT BOND INDEX 1–3 YEARS
The index has been retroactively calculated by Dimensional and did not (HEDGED TO USD) INFLATION: US CONSUMER PRICE INDEX
exist prior to April 2008. The calculation methodology was amended in FTSE fixed income indices © 2019 FTSE Fixed Income LLC. © 2019 and earlier, Morningstar. All rights reserved. Underlying data
January 2014 to include profitability as a factor in selecting securities All rights reserved. provided by Ibbotson Associates via Morningstar Direct.
for inclusion in the index.
FTSE WORLD GOVERNMENT BOND INDEX 3–7 YEARS DIMENSIONAL GLOBAL 25/75 INDEX
Prior to January 1994
(HEDGED TO USD) Compiled by Dimensional. Rebalanced annually in January. 25% equity
Fama/French Emerging Markets Small Cap Index.
FTSE fixed income indices © 2019 FTSE Fixed Income LLC. component is composed of Dimensional US Adjusted Market 2 Index
All rights reserved. with home bias, Dimensional International Adjusted Market Index,
Fixed Income and Dimensional Emerging Markets Adjusted Market Index. 75%
fixed income component is composed of 30% Bloomberg Barclays US
FTSE US GOVERNMENT BOND INDEX 1–3 YEARS BLOOMBERG BARCLAYS GLOBAL AGGREGATE BOND INDEX
Government/Credit Bond Index Intermediate, 33.75% FTSE Non-USD
FTSE fixed income indices © 2019 FTSE Fixed Income LLC. (HEDGED TO USD)
World Government Bond Index 1–5 Years (hedged to USD), and 11.25%
All rights reserved. Data provided by Bloomberg.
Bloomberg Barclays US TIPS Index. Prior to January 2001, fixed income Dimensional Fund Advisors LP (“Dimensional Fund Advisors”) is an investment advisor registered with the Securities and Exchange Commission.
component is composed of 37.5% Bloomberg Barclays US Government/
FTSE US GOVERNMENT BOND INDEX 3–7 YEARS DIMENSIONAL GLOBAL SHORT-TERM GOVERNMENT VARIABLE The Dimensional Matrix Book 2019 contains copyrighted data owned by Dimensional Fund Advisors and/or licensed for use by Dimensional Fund Advisors pursuant to agreements with index data providers. This book and the data
Credit Bond Index Intermediate and 37.5% FTSE Non-USD World
FTSE fixed income indices © 2019 FTSE Fixed Income LLC. MATURITY INDEX contained herein may not be redistributed, reproduced, copied, modified, transferred, disclosed, or used in any way not expressly permitted by Dimensional Fund Advisors. Any such redistribution, reproduction,
Government Bond Index 1–5 Years (hedged to USD).
All rights reserved. Compiled by Dimensional using FTSE data © 2019. Includes securities copying, modification, transfer, disclosure, or use may constitute a violation of the rights of Dimensional Fund Advisors or its licensors under copyright and trade secret laws, including the copyright laws of the United
in the FTSE World Government Bond 1–3 Years and 3–5 Years indices. States (17 U.S.C. 101 et seq) and/or the trade secret laws of several states, and may subject the user to civil and criminal penalties as provided under these laws.
DIMENSIONAL GLOBAL 60/40 INDEX
ONE-MONTH US TREASURY BILLS Countries: Austria, Australia, Belgium, Canada, France, Germany, Japan,
Compiled by Dimensional. Rebalanced annually in January. 60% equity Indices are not available for direct investment; therefore, their performance does not reflect the expenses associated with the management of an actual portfolio. Past performance is not a guarantee of future results.
© 2019 and earlier, Morningstar. All rights reserved. Underlying data the Netherlands, New Zealand, Norway, Spain, Sweden, Switzerland, the
component is composed of Dimensional US Adjusted Market 2 Index
provided by Ibbotson Associates via Morningstar Direct. UK, and the US. Countries with the steepest yield curves are overweight This material is solely for informational purposes and shall not constitute an offer to sell or the solicitation to buy securities. The opinions expressed herein represent the current, good faith views of the author(s) at the time of
with home bias, Dimensional International Adjusted Market Index, and
with respect to their market cap weight. For countries included, duration publication and are provided for limited purposes, are not definitive investment advice, and should not be relied on as such. The information presented in this book has been developed internally and/or obtained from sources
Dimensional Emerging Markets Adjusted Market Index. 40% fixed income
LONG-TERM GOVERNMENT BONDS corresponds to the steepest segment of that country’s yield curve. Currency believed to be reliable; however, Dimensional Fund Advisors does not guarantee the accuracy, adequacy, or completeness of such information. Predictions, opinions, and other information contained in this book are subject to
component is composed of 18% Bloomberg Barclays US Government/
© 2019 and earlier, Morningstar. All rights reserved. Underlying data exposure is hedged to USD. Rebalanced monthly. change continually and without notice of any kind and may no longer be true after the date indicated. Any forward-looking statements speak only as of the date they are made, and Dimensional Fund Advisors assumes no duty
Credit Bond Index Intermediate, 20% FTSE Non-USD World Government
provided by Ibbotson Associates via Morningstar Direct. Includes US to and does not undertake to update forward-looking statements. Forward-looking statements are subject to numerous assumptions, risks, and uncertainties, which change over time. Actual results could differ materially from
Bond Index 1–5 Years (hedged to USD), and 2% Bloomberg Barclays US
government bonds with an average maturity of 20 years. DIMENSIONAL GLOBAL INTERMEDIATE-TERM GOVERNMENT those anticipated in forward-looking statements.
TIPS Index. Prior to January 2001, fixed income component is composed of
VARIABLE MATURITY INDEX 20% Bloomberg Barclays US Government/Credit Bond Index Intermediate The returns of indices presented herein reflect hypothetical performance and do not represent returns that any investor actually attained. Changes in the assumptions upon which such performance is based may have a material
LONG-TERM CORPORATE BONDS Compiled by Dimensional using FTSE data © 2019. Includes securities and 20% FTSE Non-USD World Government Bond Index 1–5 Years impact on the hypothetical returns presented. Hypothetical backtested returns have many inherent limitations. Unlike actual performance, it does not represent actual trading. Since trades have not actually been executed,
© 2019 and earlier, Morningstar. All rights reserved. Underlying data in the FTSE World Government Bond 1–3 Years, 3–5 Years, and 5–7 Years (hedged to USD). results may have under- or overcompensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making
provided by Ibbotson Associates via Morningstar Direct. Includes US indices. Countries with the steepest yield curves are overweight with
process. Hypothetical backtested performance also is developed with the benefit of hindsight. Other periods selected may have different results, including losses. There can be no assurance that Dimensional Fund Advisors will
corporate bonds with an average maturity of 20 years. respect to their market cap weight. For countries included, duration
DIMENSIONAL GLOBAL EQUITY INDEX achieve profits or avoid incurring substantial losses.
corresponds to the steepest segment of that country’s yield curve.
Compiled by Dimensional. Rebalanced annually in January. Index is
Currency exposure is hedged to USD. The index has been retroactively Data presented in the Growth of $1 charts is hypothetical and assumes reinvestment of income and no transaction costs or taxes. The charts are for illustrative purposes only and are not indicative of any investment.
BLOOMBERG BARCLAYS US AGGREGATE BOND INDEX composed of Dimensional US Adjusted Market 2 Index with home bias,
calculated by Dimensional and did not exist prior to December 2012.
Data provided by Bloomberg. Dimensional International Adjusted Market Index, and Dimensional Equity investment risks include loss of principal and fluctuating value. Small cap securities are subject to greater volatility than those in other asset categories. International investing involves special risks, such as currency fluctuation
Emerging Markets Adjusted Market Index. and political instability. Investing in emerging markets may accentuate these risks. Sector-specific investments can also increase these risks.
DIMENSIONAL GLOBAL ADJUSTED FIXED INCOME
BLOOMBERG BARCLAYS US GOVERNMENT/CREDIT BOND INDEX
MARKET INDEX Fixed income risks include loss of principal and fluctuating value. Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks,
INTERMEDIATE
Compiled by Dimensional using data provided by Bloomberg. Based on including changes in credit quality, liquidity, prepayments, and other factors.
Data provided by Bloomberg.
securities in the universe of the Bloomberg Barclays Global Aggregate
Eugene Fama and Ken French are members of the Board of Directors of the general partner of, and provide consulting services to, Dimensional Fund Advisors LP.
Index and Global High Yield Index. Includes global government bonds,
© 2019 Dimensional Fund Advisors LP
A ME R I C A S EUROP E ASIA PACIFIC
Austin, Charlotte, Santa Monica, Toronto, Vancouver London, Amsterdam, Berlin Sydney, Melbourne, Singapore, Hong Kong, Tokyo
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M AT R I X B O O K 2 0 1 9

Australia, for example, represents 2% of the global equity market. An Australian

Fortunately, no one needs to be an expert in every region to benefit from the

Number of countries and publicly traded companies data provided by Bloomberg.

Denmark’s annualized return outpaced

These extreme differences in outcomes, combined with the examples of countries

In USD. Past performance is not a guarantee of future results.

Russell 3000 Index 1979–2018 Long-Term Government Bonds 1926–2018

Russell 1000 Index 1979–2018 Long-Term Corporate Bonds 1926–2018

Dimensional International Small Cap Index 1970–2018 Global Bond Market

MSCI Emerging Markets Index 1988–2018

$1,000 $1,000 $257

$1,000 $1,000 $414

$100 $37 $100

Growth of $1 1988 Growth of $1

1988 Growth of $1 Growth of $1

$100 $20 $100 $21

Dimensional Global 25/75 Index Dimensional Global Equity Index

Large Cap Value

Small Cap Value

NON-US STOCKS 0% 6% 12% 18% 24% 30%

One-Year Growth of $1 14.52 28.35 53.00 94.86 162.43 265.86

$100 $100 $28

$1,000 $1,000 $266

AUSTRIA HUNGARY JAPAN

BY ASSET CLASS ($ TRILLIONS) BY NATION ($ BILLIONS) CHANGE OVER TIME

BY ASSET CLASS ($ TRILLIONS) BY NATION ($ BILLIONS) CHANGE OVER TIME

*Where Dimensional invests

MKT-1210 03/07 1617576

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