Selecting the Performance Metric #
You can select and view four different return series in the dropdown menu in the “Metric to compare” box at the top left of the table.
The four performance categories are:
USD Net Return: These returns are in U.S. dollars and include the reinvestment of dividends, which is the share of profits distributed to common stockholders. The dividends reinvested are net of country-level withholding taxes on dividends.
Local Currency Net Return: These returns reflect the weighted local currencies of the index constituents. The returns include the reinvestment of dividends, the share of profits distributed to common stockholders. The dividends reinvested are net of country-level withholding taxes on dividends.
USD Price Return: These returns are in U.S. dollars and don’t include dividends. The returns reflect only the price change of the underlying stocks that comprise the index.
Local Currency Price Return: These returns reflect the weighted local currencies of the index constituents. The returns don’t include dividends. The returns reflect only the price change of the underlying stocks that comprise the index.
Sorting the Indexes #
You can rank the indexes for any time period from highest to lowest or lowest to highest by clicking the arrow next to each column header. When the table is being sorted and ranked by one of the factors, the column heading will be highlighted in a darker shade of grey.
To return to the original view, click the arrow.
Select the Date #
The stock market performance summary table always defaults to the most recent ending date. You can select earlier end dates by selecting the year and then the month in the “Ending Date” box at the top of the page. The ending date is always the last trading day of the month.
Calculate #
After selecting the metric to compare and end date, click the Calculate button in order to see the stock market performance for the chosen date and metric.
Comparing Two or More Indexes #
You can select a shorter list of indexes to compare by checking the box next to the index name and clicking the Compare box in the top right-hand corner of the table.
To return to the full index list, click the Back To Full List box in the top right corner of the page.
You can deselect all of the indexes by twice clicking the box next to the Index header in the top left corner of the table.
Annualized versus Cumulative Returns #
Returns in the performance summary table longer than one year are annualized. Annualized returns represent the compounded annual return of the index rather than total or cumulative return.
For example, a 10-year annualized return of 10% is equivalent to a 159% cumulative return.
An annualized return is the rate of return an investment would have grown each year if it had grown at a steady rate.
The cumulative return measures the total change in the investment over a set period without accounting for the compounding effect.
Key Outcomes #
Asset Camp’s performance summary table gives insight into the short and long-term performance of various stock market segments, including geographic regions (e.g., global, emerging markets, Europe) sizes (e.g., large cap, mid cap, small cap), and investment styles (e.g., growth and value).
The table allows you to see the impact of dividends by comparing the price index returns to the net index returns. The difference between the price return and net return reflects the performance contribution of dividends
The table also allows you to see the impact of currency fluctuations. The difference between the USD and the local currency returns reflect whether the U.S. dollar strengthened or weakened relative to other currencies.
When the dollar strengthens over a certain measurement period, the local currency returns will be higher than the USD returns.
When the dollar weakens over a certain measurement period, the local currency returns will be lower than the USD returns.