Time to Dust Off the Defensive Playbook?
1 From June 9, 2009 through June 30, 2018, the S&P 500 Index returned 388.6% cumulative and 15.6% annualized. During the same time period, MSCI All Country World (ex-USA) Net Total Return USD Index returned 177.4% cumulative and 11.6% annualized. Source: Bloomberg
Past performance is not guarantee of future results. Investors cannot directly invest in an index.
Important Risks: Investing involves risk, including the possible loss of principal.
ETFWP017 208667 LAT001253 08/05/19