Returns: Extended-Term Component

All investments involve the risk of investment losses. Past performance is no guarantee of future results.
Disclosures Including Backtested Performance Data

			Annualized Returns Ending 2023^{1 Conservative & Useful}
	Aug 2024	YTD	1 Years	3 Years	5 Years	10 Years	25 Years
Return	0.7%	9.3%	15.4%	4.3%	4.6%	2.7%	8.7%
Standard Deviation	N/A	N/A	15.8	16.0	19.8	18.2	23.1
Total Growth	1%	9%	15%	14%	25%	31%	699%

All investments involve the risk of investment losses. Past performance is no guarantee of future results.
Disclosures Including Backtested Performance Data

Worst	Average	Best	Years	Returns ending in year (e.g. Row 5 under Column 2013 shows the 5-year returns ending in 2013)
Worst	Average	Best	Years	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999
-54.4	14.0	90.4	1	15.4	-11.6	11.3	1.8	8.6	-12.8	32.5	18.7	-19.5	-5.3	-4.7	18.2	-26.3	20.9	90.4	-54.4	44.2	36.7	29.5	38.2	74.5	-2.6	-1.9	-34.8	82.5
-20.0	9.2	55.3	2	1.0	-0.8	6.4	5.1	-2.7	7.5	25.4	-2.3	-12.7	-5.0	6.1	-6.7	-5.6	51.7	-6.8	-18.9	40.4	33.0	33.8	55.3	30.4	-2.3	-20.0	9.1
-14.6	9.0	46.2	3	4.3	0.1	7.2	-1.2	7.9	11.1	8.2	-3.3	-10.1	2.2	-6.0	1.7	19.3	1.6	7.8	-3.5	36.7	34.7	46.2	32.9	18.6	-14.6	5.3
-6.2	9.2	43.7	4	3.7	2.1	1.8	6.3	10.5	2.5	4.6	-3.7	-3.8	-5.9	0.1	19.0	-6.2	10.9	14.4	3.9	37.1	43.7	32.1	23.2	2.1	3.2
-8.8	9.5	43.8	5	4.6	-1.0	7.3	8.7	3.7	0.9	2.7	0.4	-8.8	-1.0	13.8	-1.8	2.2	15.7	17.3	10.0	43.8	33.0	24.4	8.5	14.7
-4.7	9.2	34.8	6	1.5	3.9	9.1	3.4	2.1	-0.1	5.1	-4.7	-4.4	10.4	-2.3	4.7	7.3	17.9	20.5	18.8	34.8	26.4	11.7	18.3
-2.7	9.0	28.8	7	5.5	5.9	4.5	2.1	1.1	2.4	-0.1	-1.4	5.5	-2.7	3.3	8.8	10.2	20.6	27.1	15.5	28.8	15.0	19.8
-5.0	8.6	26.3	8	7.0	2.3	3.2	1.2	3.1	-1.8	2.3	7.1	-5.0	2.2	7.0	11.2	13.4	26.3	22.9	13.1	18.3	21.8
-2.6	8.1	24.1	9	3.7	1.4	2.3	3.0	-0.7	0.5	9.6	-2.6	-0.5	5.6	9.3	13.9	18.9	22.7	19.9	6.4	24.1
-0.4	7.5	20.0	10	2.7	0.8	3.8	-0.4	1.3	7.2	0.4	1.3	2.7	7.7	11.9	18.9	16.6	20.0	12.8	12.3
-0.8	7.7	17.8	11	2.0	2.3	0.6	1.3	7.3	-0.8	3.8	4.1	4.9	10.2	16.5	16.7	14.8	13.5	17.8
-0.5	7.5	18.1	12	3.3	-0.5	2.1	6.8	-0.1	2.3	6.2	6.0	7.3	14.5	14.8	15.0	9.5	18.1
0.0	7.2	13.9	13	0.6	1.0	7.2	0.0	2.8	4.6	7.8	8.2	11.4	13.1	13.4	10.1	13.9
0.8	7.5	14.2	14	2.0	5.7	0.8	2.7	4.9	6.2	9.8	11.9	10.4	11.9	9.0	14.2
-0.1	7.5	13.2	15	6.3	-0.1	3.2	4.7	6.4	8.1	13.2	10.9	9.5	8.0	12.8
0.8	7.4	12.1	16	0.8	2.3	5.1	6.1	8.1	11.4	12.1	10.1	6.0	11.6
3.0	7.8	11.3	17	3.0	4.0	6.4	7.7	11.2	10.5	11.3	6.7	9.5
4.6	8.3	10.7	18	4.6	5.3	7.9	10.7	10.4	9.8	8.0	9.9
5.8	8.7	11.0	19	5.8	6.8	10.7	9.9	9.7	6.8	11.0
6.9	8.8	10.0	20	7.2	9.5	10.0	9.3	6.9	9.7
6.6	8.9	9.7	21	9.7	8.9	9.4	6.6	9.6
6.8	8.4	9.3	22	9.1	8.3	6.8	9.3
6.0	8.0	9.4	23	8.6	6.0	9.4
6.3	7.4	8.4	24	6.3	8.4
8.7	8.7	8.7	25	8.7

¹ Annualized Return (also called Compounded Annual Growth Rate) is the rate that, when compounded annually, would result in the actual total return.
This measure is conservative because it is usually lower than the measure “average of the annual returns”.
This measure is useful because it removes the effect of compounding, letting you compare it to other investments with different holding periods.

1 thought on “Returns: Extended-Term Component”