Bonds Have Turned in Positive Returns in Every Negative Calendar Year for Stocks Since 1977


Source: Thomson Reuters, 1/19
Past performance is not indicative of future results. The performance shown above is index performance and is not representative of any fund’s performance. Indices are unmanaged and not available for direct investment. For illustrative purposes only.
S&P 500 Index is is a market-capitalization-weighted price index composed of 500 widely held stocks.
Bloomberg Barclays US Aggregate Bond Index is composed of securities from the Bloomberg Barclays Government/Credit Bond Index, Mortgage-Backed Securities Index, Asset-Backed Securities Index, and Commercial Mortgage-Backed Securities Index.