| This file was created by CMPT_ME_BEME_RETS using the 201511 CRSP database. |
| Average Value Weighted Returns -- Monthly |
| | SMALL LoBM | ME1 BM2 | ME1 BM3 | ME1 BM4 | SMALL HiBM | ME2 BM1 | ME2 BM2 | ME2 BM3 | ME2 BM4 | ME2 BM5 | ME3 BM1 | ME3 BM2 | ME3 BM3 | ME3 BM4 | ME3 BM5 | ME4 BM1 | ME4 BM2 | ME4 BM3 | ME4 BM4 | ME4 BM5 | BIG LoBM | ME5 BM2 | ME5 BM3 | ME5 BM4 | BIG HiBM | Mkt-RF | SMB | HML | RF |
| 200901 | 2.44 | 2.86 | -2.69 | -6.16 | -2.7 | -7.52 | -5.22 | -9.29 | -12.77 | -16.73 | -7.8 | -7.69 | -8.1 | -6.34 | -15.98 | -2.55 | -5.58 | -7.59 | -7.44 | -13.69 | -4.45 | -5.99 | -8.24 | -11.11 | -10.71 | -8.12 | -0.99 | -9.67 | 0 |
| 200902 | -10.44 | -11.89 | -12.11 | -9.31 | -13.52 | -9.46 | -11.55 | -12.4 | -16.1 | -22.86 | -7.57 | -12.65 | -11.2 | -14.91 | -14.65 | -6.2 | -10.56 | -13.89 | -14.13 | -21.51 | -7.81 | -11.64 | -14.02 | -15.54 | -11.8 | -10.1 | -0.38 | -6.9 | 0.01 |
| 200903 | 14.25 | 17.23 | 12.11 | 12.28 | 12.18 | 12.39 | 12 | 12.18 | 7.93 | 21.03 | 11.41 | 11.06 | 11.97 | 9.83 | 12.86 | 10.19 | 9.77 | 8.67 | 10.81 | 14.24 | 10.6 | 7.54 | 13.21 | 13.27 | 9.07 | 8.95 | 0.7 | 2.54 | 0.02 |
| 200904 | 21.7 | 20.35 | 18.34 | 18.34 | 25.1 | 20.86 | 23.91 | 25.96 | 21.67 | 32.51 | 20.54 | 26.99 | 20.94 | 24.33 | 27.8 | 15.86 | 20.21 | 27.65 | 19.48 | 35.89 | 15.6 | 16.78 | 16.66 | 19.68 | 30.77 | 10.19 | 5.35 | 5.22 | 0.01 |
| 200905 | 9.4 | 16.44 | 10.86 | 8.86 | 12.34 | 6.57 | 7.15 | 5.07 | 6.08 | 7.89 | 8.02 | 3.67 | 7.1 | 4.1 | 3.4 | 5.51 | 4.86 | 7.28 | 9.8 | 11.24 | 6.69 | 9.45 | 8.06 | 9.28 | 1.45 | 5.21 | -2.63 | 0.58 | 0 |
| 200906 | 9.72 | 6.55 | 5.67 | 2.67 | 3.61 | 6.68 | 1.95 | 0.86 | -3.64 | 1.35 | 2.96 | 0.39 | -0.99 | -0.82 | 0.84 | 1.9 | 0.32 | -2.48 | -1.85 | 0.34 | -0.71 | -0.96 | -0.5 | -2.18 | 3.78 | 0.43 | 2.67 | -2.39 | 0.01 |
| 200907 | 8.56 | 6.75 | 8.33 | 7.3 | 9.51 | 6.65 | 7.88 | 11.09 | 11.4 | 14.42 | 6.93 | 8.95 | 10.82 | 13.12 | 16.42 | 7.33 | 7.93 | 8.43 | 12.98 | 9.56 | 6.86 | 9.73 | 7.62 | 9.08 | 9.06 | 7.72 | 2.51 | 4.73 | 0.01 |
| 200908 | 5.86 | 4.08 | 6.82 | 5.71 | 12.69 | 0.56 | 0.41 | 2.83 | 3.5 | 10.06 | 0.46 | 1.01 | 4.13 | 5.53 | 11.46 | 1.98 | 3.4 | 4.03 | 4.55 | 18.18 | 1.93 | 3.86 | 3.03 | 5.39 | 10.29 | 3.33 | -0.5 | 7.65 | 0.01 |
| 200909 | 7.68 | 8.81 | 5.3 | 5.98 | 8.61 | 8.83 | 6.08 | 7.31 | 5.36 | 9.5 | 6.73 | 4.24 | 6.14 | 7.78 | 8.86 | 6.78 | 6.79 | 5.21 | 5.61 | 8.67 | 4.48 | 4.7 | 4.61 | 4.36 | 3.53 | 4.08 | 2.43 | 1.35 | 0.01 |
| 200910 | -9.38 | -8.21 | -6.07 | -6.35 | -6.61 | -6.85 | -5.31 | -7.03 | -8.16 | -11.35 | -4.75 | -4.8 | -5.02 | -5.44 | -10.12 | -3.52 | -4.38 | -4.32 | -5.88 | -6.62 | -1.79 | -2.59 | -1.69 | -3.63 | -7.86 | -2.59 | -4.23 | -4.35 | 0 |
| 200911 | -0.87 | 0.26 | 1.32 | 0.92 | -0.04 | 2.72 | 1.06 | 2.28 | 2.49 | 4.77 | 2.93 | 3.67 | 1.11 | 6.22 | 6.64 | 4.43 | 4.83 | 4.13 | 3.93 | 5.83 | 6.36 | 6.51 | 3.54 | 6.35 | 6.53 | 5.56 | -2.61 | 0.23 | 0 |
| 200912 | 6.02 | 7.86 | 6.44 | 6.89 | 5.44 | 9.42 | 8.68 | 8.72 | 8.4 | 9.58 | 7.21 | 7.19 | 7.43 | 7.19 | 8.43 | 5.72 | 6.07 | 6.95 | 7.56 | 5.11 | 2.77 | 3.88 | 3.65 | 3.6 | 4.19 | 2.75 | 5.79 | 0.72 | 0.01 |
| 201001 | -2.79 | -2.91 | -1.16 | 0.18 | 5.34 | -2.76 | -2.88 | -1.69 | -1.3 | -3.24 | -3.59 | -2.83 | -3.6 | -3.83 | -1.39 | -3.49 | -4.44 | -4.24 | -2.65 | -0.07 | -2.99 | -4.96 | -2 | -4.06 | -1.13 | -3.36 | 0.2 | 0.61 | 0 |
| 201002 | 3.36 | 3.38 | 3.08 | 3.9 | 3.37 | 1.77 | 2.82 | 4.11 | 6.04 | 5.24 | 4.38 | 3.84 | 3.76 | 7.19 | 8.6 | 4.55 | 6.09 | 5.25 | 3.37 | 5.05 | 2.98 | 4.93 | 3.07 | 3.24 | 3.85 | 3.4 | 1.44 | 2.74 | 0 |
| 201003 | 5.61 | 7.11 | 7.74 | 7.38 | 9.83 | 7.61 | 8 | 8.14 | 8.13 | 10.91 | 9.36 | 6.92 | 8.76 | 9.06 | 7.48 | 7.81 | 7.2 | 7.29 | 5.57 | 10.49 | 5.67 | 5.78 | 4.6 | 6.89 | 9.44 | 6.31 | 1.57 | 2.01 | 0.01 |
| 201004 | 8.31 | 6.52 | 7.68 | 8.24 | 14.9 | 3.68 | 4.74 | 5.54 | 6.63 | 8.17 | 2.83 | 5.88 | 4.51 | 5.65 | 8.52 | 4.41 | 3.01 | 3.66 | 7.02 | 5.26 | 1.41 | 1.46 | 2.82 | 2.51 | 2.6 | 2 | 4.92 | 3.12 | 0.01 |
| 201005 | -9.74 | -6.69 | -7.75 | -7.47 | -10.04 | -5.47 | -6.82 | -7.46 | -8.37 | -10.15 | -6.74 | -6.21 | -7.05 | -8.95 | -10.24 | -5.73 | -7.39 | -7.82 | -7.28 | -9.49 | -6.83 | -7.53 | -8.01 | -8.22 | -8.9 | -7.89 | -0.09 | -2.32 | 0.01 |
| 201006 | -7.79 | -8.26 | -6.4 | -6.89 | -10.61 | -5.62 | -5.17 | -8.22 | -8.79 | -12.42 | -5.62 | -6.31 | -6.74 | -8.89 | -11.19 | -3.98 | -6.54 | -7.23 | -7.38 | -9.45 | -4.31 | -6.49 | -3.94 | -5.81 | -10.85 | -5.56 | -2.15 | -4.27 | 0.01 |
| 201007 | 5.49 | 4.89 | 5.98 | 4.56 | 4.06 | 6.77 | 8.41 | 5.22 | 7.45 | 7.17 | 6.6 | 6.58 | 6.58 | 7.98 | 8.94 | 7 | 5.88 | 8.74 | 9.16 | 6.67 | 7.18 | 6.34 | 9.51 | 6.86 | 7.16 | 6.93 | 0.24 | 0.04 | 0.01 |
| 201008 | -7.52 | -7.29 | -7.78 | -7.33 | -7.14 | -5.06 | -9.18 | -7.67 | -7.08 | -9.23 | -4.66 | -6.2 | -8.04 | -6.84 | -6.55 | -4.62 | -4.38 | -7.01 | -2.86 | -4.95 | -3.67 | -4.96 | -4.06 | -3.62 | -6.62 | -4.77 | -3.03 | -1.51 | 0.01 |
| 201009 | 11.92 | 10.43 | 12.57 | 9.76 | 7.26 | 14.39 | 15.44 | 13.09 | 11.18 | 11.34 | 13.52 | 14.25 | 12.3 | 11.38 | 11.19 | 12.31 | 10.86 | 11.53 | 7.81 | 9.56 | 11.09 | 10.42 | 8.47 | 9.23 | 7.94 | 9.54 | 3.84 | -2.94 | 0.01 |
| 201010 | 5.69 | 5.57 | 6.92 | 3.96 | 3.42 | 4.62 | 4.14 | 3.27 | 2.72 | 3.51 | 4.4 | 3.91 | 3.63 | 3.06 | 4 | 2.29 | 4.19 | 3.95 | 3.06 | 0.17 | 4.58 | 4.33 | 3.99 | 3.49 | 2.32 | 3.88 | 1.01 | -2.23 | 0.01 |
| 201011 | 0.3 | 2.47 | 3.72 | 2.51 | 0.63 | 3.24 | 4.48 | 2.6 | 2.57 | 4.72 | 4.16 | 5.53 | 3.15 | 2.45 | 1.85 | 3.53 | 2.68 | 2.98 | 1.94 | -0.75 | 1.16 | 1.96 | -0.52 | 0.33 | -3.18 | 0.6 | 3.69 | -0.58 | 0.01 |
| 201012 | 11.32 | 6.72 | 9.92 | 7.15 | 8.47 | 7.54 | 8.52 | 8.69 | 9.38 | 10.45 | 6.28 | 8.34 | 8.06 | 8.65 | 8.73 | 5.97 | 7.06 | 9.58 | 7.71 | 9.05 | 4.77 | 6.62 | 6.17 | 7.5 | 11.6 | 6.82 | 0.85 | 3.47 | 0.01 |
| 201101 | -0.38 | 0.68 | 0.43 | 2.97 | 5.07 | -0.27 | -0.14 | 0.78 | 0.93 | 0.81 | 1.62 | 0.6 | 2.21 | 2 | -0.12 | 1.8 | 2.86 | 2.58 | 2.16 | 1.53 | 1.02 | 3.17 | 3.47 | 1.95 | 2.59 | 1.99 | -2.4 | 0.68 | 0.01 |
| 201102 | 1.78 | 4.52 | 3.33 | 4.9 | 3.92 | 4.47 | 6.15 | 6.36 | 5.34 | 5.72 | 4.93 | 5.21 | 5.32 | 5.95 | 3.31 | 4.78 | 3.8 | 3.65 | 4.36 | 3.03 | 3.14 | 3.37 | 3.2 | 4.27 | 4.27 | 3.49 | 1.62 | 1.73 | 0.01 |
| 201103 | 1.68 | 1.38 | 0.17 | 0.46 | -0.83 | 2.12 | 3.01 | 3.04 | 0.92 | 2.71 | 4.84 | 2.34 | 3.77 | 1.19 | 2.1 | 1.85 | 2.81 | 1.97 | 2.66 | 0.08 | 0.53 | 0.65 | 1.31 | 0.7 | -1.14 | 0.45 | 2.68 | -1.16 | 0.01 |
| 201104 | 1.07 | 0.48 | 0.01 | 0.92 | -0.23 | 4.01 | 2.48 | 1.25 | 1.56 | -0.02 | 4.11 | 3.4 | 3.05 | 3.24 | 1.56 | 3.65 | 2.16 | 2.37 | 3.09 | 2.34 | 3.98 | 2.69 | 3.9 | 2.85 | 2.5 | 2.9 | -0.34 | -2.15 | 0 |
| 201105 | -2.14 | -0.94 | -3.33 | -3.76 | -2.07 | -1.83 | -1.32 | -0.66 | -2.91 | -4.33 | -0.89 | -1.37 | -2.64 | -2.32 | -0.68 | -0.32 | -0.03 | -2.14 | -1.05 | -0.04 | 0.18 | -2.07 | -1.48 | -0.65 | -0.54 | -1.27 | -0.68 | -2.12 | 0 |
| 201106 | -6.51 | -3.7 | -0.5 | -1.7 | -2.53 | -1.48 | -1.89 | -1.45 | -1.56 | -2.62 | -0.92 | -2.87 | -1.62 | -1.53 | -3.33 | -2.25 | -2.43 | -3.22 | -2.17 | -1.06 | -1.12 | -1.95 | -1.17 | -1.5 | -2.31 | -1.75 | -0.14 | -0.26 | 0 |
| 201107 | -3.87 | -1.57 | -1.41 | 0.37 | -0.66 | -3.82 | -3.87 | -5.54 | -2.74 | -4.88 | -4.83 | -4.41 | -3.53 | -5.99 | -3.04 | -4.19 | -3.94 | -2.52 | -4.32 | -3.42 | -2.48 | -3.51 | -2.26 | -3.25 | -4.74 | -2.36 | -1.44 | -1.18 | 0 |
| 201108 | -11.35 | -11.28 | -10.66 | -10.28 | -8.98 | -9.34 | -9.6 | -10.18 | -9.41 | -10.45 | -7.53 | -8.42 | -8.37 | -10.22 | -7.52 | -7.64 | -7.78 | -8.56 | -9.07 | -6.07 | -4.81 | -5.3 | -8.05 | -5.59 | -7.1 | -5.99 | -3.3 | -1.58 | 0.01 |
| 201109 | -12.94 | -13.56 | -9.39 | -10.14 | -8.86 | -10.9 | -11.67 | -12.82 | -11.3 | -10.65 | -10.33 | -12.67 | -13.06 | -10.57 | -11.59 | -9.67 | -11.77 | -11.98 | -10.8 | -10.09 | -7.96 | -7.5 | -10.25 | -7.42 | -8.69 | -7.59 | -3.72 | -0.98 | 0 |
| 201110 | 11.02 | 13.56 | 11.04 | 11.18 | 5.21 | 18.56 | 15.8 | 18.06 | 17.38 | 13.63 | 16.28 | 17.66 | 17.33 | 16.74 | 14.25 | 15.91 | 16.52 | 16.35 | 13.68 | 12.73 | 10.4 | 13.47 | 15.51 | 11.67 | 11.2 | 11.35 | 3.58 | -0.96 | 0 |
| 201111 | -4.84 | -3.44 | -3 | 0.09 | -1.76 | -0.07 | -2.4 | 0.05 | 1.33 | 1.04 | -1.56 | 0.27 | 0.2 | 0.35 | -0.7 | -1.23 | -0.49 | 1.07 | 0.48 | 0 | -0.97 | -0.47 | 0.68 | 0.08 | -2.68 | -0.28 | -0.24 | -0.18 | 0 |
| 201112 | -1.73 | 0.07 | 0.82 | 0.49 | 1.27 | -0.81 | 0.75 | 1.52 | 0.14 | 0.77 | -1.81 | 0.37 | -0.04 | 0.52 | 1.57 | -3.48 | 0.37 | 1.43 | 2.22 | -0.08 | -0.98 | -1.28 | -0.19 | 1.96 | -0.14 | 0.74 | -0.55 | 1.57 | 0 |
| 201201 | 12.79 | 11.01 | 8.95 | 8.05 | 10.51 | 9.02 | 8.29 | 8.2 | 8.2 | 4.17 | 9 | 7.1 | 7.77 | 6.31 | 4.08 | 10.96 | 6.59 | 7.35 | 3.29 | 4.59 | 8.42 | 5.45 | 5.8 | 2.83 | 5.14 | 5.05 | 2.51 | -2.14 | 0 |
| 201202 | 4.15 | 3.2 | 1.79 | 2.54 | 5.27 | 4.34 | 2.14 | 1.64 | 3.39 | 5.33 | 4.52 | 3.85 | 4.21 | 3.11 | 4.2 | 4.74 | 4.9 | 3.46 | 5.1 | 6.17 | 3.77 | 3.69 | 4.17 | 4.77 | 5.72 | 4.42 | -1.65 | 0.01 | 0 |
| 201203 | 2.91 | 3.21 | 4.17 | 3.45 | 5.75 | 1.26 | 1.66 | 2.88 | 3.22 | 2.7 | 1.2 | 2.55 | 1.92 | 1.36 | -0.51 | 3.78 | 0.19 | 0.75 | 0.61 | 1.75 | 2.67 | 2.67 | 0.77 | 2.5 | 4.01 | 3.11 | -0.27 | -0.06 | 0 |
| 201204 | -3.56 | -2.35 | -1.87 | -1.22 | 0.39 | -0.72 | -3.17 | -3.06 | -3 | -1.31 | -3.04 | -0.85 | -2.34 | 0.2 | -0.9 | -0.46 | -1.02 | -0.18 | -0.49 | -1.96 | -0.62 | -0.73 | -1.2 | -0.87 | -1.9 | -0.85 | -0.63 | -0.2 | 0 |
| 201205 | -8.87 | -8.11 | -7.42 | -7.71 | -3.57 | -6.5 | -6.23 | -7.69 | -7.37 | -7.79 | -8.21 | -6.3 | -8.03 | -7.38 | -6.46 | -8.55 | -9.34 | -8.91 | -7.35 | -5.92 | -7.49 | -7.01 | -7.1 | -4.98 | -6.74 | -6.19 | -0.11 | 0.08 | 0.01 |
| 201206 | 4.02 | 2.86 | 4.78 | 4.87 | 3.05 | 6.22 | 3.98 | 5.15 | 3.96 | 5.89 | 5.83 | 2.95 | 2.52 | 3.52 | 2.31 | -0.04 | 2.05 | 3.08 | 2.59 | 3.44 | 2.64 | 3.47 | 2.99 | 3.93 | 5.91 | 3.89 | 0.81 | 0.54 | 0 |
| 201207 | 1.55 | -0.08 | -1.67 | -1.64 | -1.62 | -4.36 | -0.86 | -1.01 | -0.85 | -0.8 | -1.45 | -0.59 | -1.7 | -0.21 | -2.16 | -2.28 | -0.48 | 0.13 | -0.79 | -0.22 | 0.1 | 0.71 | 2.03 | 0.46 | 1.08 | 0.79 | -2.6 | 0.01 | 0 |
| 201208 | 2.07 | 1.35 | 2.62 | 2.07 | 2.35 | 2.96 | 2.31 | 2.7 | 3.54 | 3.77 | 4.87 | 4.41 | 4.99 | 3.45 | 3.68 | 5.1 | 2.82 | 4.22 | 4.01 | 5.22 | 2.71 | 3.43 | 1.87 | 0.61 | 4.6 | 2.55 | 0.69 | 0.6 | 0.01 |
| 201209 | 4.6 | 8.5 | 4.72 | 4.14 | 3.37 | 4.54 | 4.61 | 3.55 | 3.59 | 4.85 | 1.73 | 2.13 | 2.66 | 1.95 | 4.09 | 0.92 | 2.13 | 3.59 | 2.66 | 3.22 | 1.49 | 2.89 | 2.24 | 2.93 | 3.66 | 2.73 | 0.5 | 1.56 | 0.01 |
| 201210 | -6.26 | -3.84 | -3.03 | -2.36 | 0.09 | -6.53 | -1.82 | -0.38 | -2.17 | -0.21 | -2.91 | -0.45 | 0.3 | 0.62 | 0.87 | -0.89 | -1.08 | 0.48 | 0.76 | 1.2 | -2.96 | -0.62 | -0.76 | 0.29 | 1.93 | -1.76 | -1.07 | 4.16 | 0.01 |
| 201211 | -1.73 | -1.4 | -1.2 | -0.69 | 0.7 | -0.52 | 0.33 | 0.98 | 0.49 | 2.61 | 3.35 | 3.11 | 2.27 | 1.66 | 0.61 | 3.23 | 2.83 | 1.33 | 0.62 | 0.26 | 2.64 | 1.1 | 1.02 | -1.26 | -2.29 | 0.78 | 0.68 | -1.12 | 0.01 |
| 201212 | 0.38 | 1.63 | 3.28 | 3.61 | 2.33 | 3.26 | 3.61 | 4.23 | 3.58 | 5.14 | 2.48 | 4.67 | 1.64 | 4.4 | 3.93 | 2.25 | 1.92 | 2.88 | 3.81 | 3.69 | 1.35 | 1.85 | 1.77 | 1.95 | 3.77 | 1.18 | 1.61 | 3.26 | 0.01 |
| 201301 | 7.58 | 7.32 | 7 | 6.71 | 9.25 | 6.85 | 6.86 | 7.18 | 6.8 | 5.23 | 4.87 | 6.29 | 6.06 | 7.53 | 7.59 | 7.78 | 7.28 | 7.55 | 8.03 | 9.13 | 5.57 | 5.63 | 6.89 | 5.45 | 8.76 | 5.57 | 0.5 | 1.34 | 0 |
| 201302 | 0.28 | -1.14 | 0.28 | 0.82 | 2.49 | 1.01 | 1.03 | 0.61 | 1.58 | 0.84 | 0.48 | 1.11 | 1.4 | 1.75 | 1.05 | 0.2 | 1.6 | 1.55 | 0.9 | 2.64 | 1.27 | 1.37 | 1.82 | 2.59 | -0.2 | 1.29 | -0.4 | 0.28 | 0 |
| 201303 | 5.61 | 5.84 | 3.81 | 3.98 | 3.38 | 4.89 | 4.61 | 3.38 | 4.42 | 4.68 | 3.45 | 4.75 | 5.83 | 4.06 | 5.69 | 4.35 | 3.69 | 5.24 | 5.17 | 5.79 | 4.24 | 4.09 | 3.99 | 5.61 | 4.11 | 4.03 | 0.88 | -0.07 | 0 |
| 201304 | 0.48 | -1.01 | -0.93 | 0.65 | -0.98 | -0.7 | -1.63 | -1.56 | -1.15 | 1.4 | -0.79 | 0.64 | -1.07 | 0.05 | -1.05 | 1 | 1.02 | -0.49 | 0.97 | 1.53 | 1.82 | 0.38 | 1.65 | 2.16 | 3.15 | 1.56 | -2.4 | 0.35 | 0 |
| 201305 | 5.3 | 2.83 | 6.39 | 4.32 | 5.22 | 6.15 | 5.5 | 6.92 | 4.25 | 7.71 | 3.56 | 6.34 | 5.58 | 2.3 | 4.12 | 4.25 | 4.21 | 2.84 | 2.75 | 3.3 | 1.94 | 3.55 | 2.64 | 0.64 | 3.7 | 2.8 | 2 | 1.33 | 0 |
| 201306 | -2.14 | -0.38 | 2.03 | 0.28 | 0.24 | 1.42 | -0.25 | -0.93 | 0.62 | -1.1 | -0.69 | -0.65 | -1.53 | -1.66 | -0.39 | -2.14 | -2.2 | -1.37 | -2.06 | -1.11 | -1.14 | -1.25 | 0.05 | -0.04 | -0.61 | -1.2 | 1.18 | -0.4 | 0 |
| 201307 | 7.85 | 9.11 | 7 | 7.85 | 7.32 | 6.9 | 6.42 | 7.7 | 6.58 | 8.38 | 8.42 | 7.17 | 5.88 | 7.27 | 9.62 | 7.54 | 5.86 | 5.52 | 8.67 | 5.15 | 5.82 | 6.03 | 5.7 | 5.02 | 5.6 | 5.65 | 1.88 | 0.71 | 0 |
| 201308 | -1.71 | -1.88 | -2.3 | -2.48 | -0.76 | -0.33 | -2.68 | -3.01 | -3.98 | -3.4 | -2.26 | -1.85 | -3.69 | -4.85 | -3.38 | -1.32 | -2.38 | -3.43 | -2.61 | -4.17 | -1.75 | -2.33 | -1.98 | -3.8 | -3.46 | -2.71 | 0.24 | -2.48 | 0 |
| 201309 | 5.56 | 8.18 | 5.9 | 6.43 | 5.5 | 6.65 | 6.54 | 7.39 | 6.15 | 5.26 | 6.37 | 5.74 | 5.56 | 5.3 | 3.66 | 5.88 | 4.89 | 5.99 | 4.98 | 4.53 | 5.11 | 3.6 | 3.37 | 2.55 | 2.52 | 3.77 | 2.86 | -1.57 | 0 |
| 201310 | -0.88 | 0.57 | 3.99 | 3.25 | 2.84 | 0.4 | 1.31 | 2.95 | 3.6 | 5.11 | 2.92 | 4.05 | 2.94 | 4.41 | 5.89 | 1.91 | 3.52 | 3.41 | 5.41 | 4.77 | 3.43 | 2.95 | 4.76 | 5.43 | 4.73 | 4.18 | -1.55 | 1.36 | 0 |
| 201311 | 7.21 | 6.68 | 5.18 | 5.82 | 2.99 | 6.19 | 3.96 | 3.17 | 4.16 | 4.63 | 4.52 | 2.88 | 4.77 | 2.97 | 3.74 | 1.93 | 2.36 | 0.67 | 0.26 | 2.51 | 2.16 | 2.84 | 3.32 | 2.45 | 2.63 | 3.12 | 1.33 | -0.38 | 0 |
| 201312 | 2.97 | 4.24 | 3.2 | 1.53 | 2.66 | 2.54 | 1.3 | 3.59 | 1.59 | 1.55 | 1.85 | 3.8 | 3.16 | 3.67 | 1.82 | 3.43 | 3.28 | 3.13 | 3.18 | 2.2 | 2.54 | 3.94 | 3.01 | 2.93 | 2.41 | 2.81 | -0.43 | -0.2 | 0 |
| 201401 | 5.74 | 1.63 | 0.48 | -0.87 | 2.31 | 1.64 | -3.41 | -4.62 | -4.69 | -6.74 | -1.29 | -4.1 | -4.01 | -1.76 | -2.6 | -2.78 | -2 | -1.94 | -4.6 | -3 | -2.93 | -3.09 | -2.34 | -3.97 | -2.63 | -3.32 | 0.83 | -1.88 | 0 |
| 201402 | 4.97 | 3.31 | 3.46 | 3.52 | 4.71 | 3.33 | 4.55 | 5.28 | 4.53 | 4.1 | 6.13 | 4.17 | 4.41 | 5.5 | 5.9 | 5.54 | 5.28 | 4.52 | 5.25 | 5.54 | 5.59 | 5.75 | 5.95 | 4.15 | 3.09 | 4.65 | 0.32 | -0.49 | 0 |
| 201403 | -2.51 | 0.53 | -0.13 | 0.57 | 1.69 | -2.49 | 0.49 | 1.31 | 1.98 | 2.04 | -3.19 | 0.39 | 0.52 | 1.77 | 2.03 | -2.42 | 1.22 | -0.44 | 2.06 | 4.18 | -1.64 | 0.55 | 0.7 | 2.55 | 3.79 | 0.43 | -1.81 | 4.6 | 0 |
| 201404 | -7.91 | -7.46 | -4.81 | -3.32 | -4.24 | -6.68 | -2.44 | -2.24 | -2.6 | -2.82 | -4.55 | -2.46 | -1.09 | -1.91 | -2.37 | -3.19 | -0.93 | -0.46 | 0.82 | 0.87 | -0.03 | -0.27 | 0.02 | 1.6 | 1.11 | -0.19 | -4.17 | 1.62 | 0 |
| 201405 | -2.58 | -0.34 | -1.6 | -0.07 | -0.65 | -1.05 | 0.59 | 1.33 | 0.23 | -2.76 | 0.81 | 0.21 | 3.24 | 1.64 | 0.65 | 2.5 | 1.27 | 2.86 | 1.26 | 0.97 | 2.73 | 2.66 | 2.34 | 1.68 | 1.49 | 2.06 | -1.84 | -0.38 | 0 |
| 201406 | 4.51 | 6.31 | 3.54 | 3.07 | 3.56 | 9 | 5.96 | 5.51 | 3.87 | 6.18 | 6.11 | 4.52 | 3.89 | 4.38 | 5.26 | 4.88 | 3.16 | 3.76 | 4.28 | 4.27 | 1.46 | 2.13 | 2.82 | 3.13 | 4 | 2.61 | 2.94 | -0.6 | 0 |
| 201407 | -7.39 | -6.5 | -5.58 | -4.6 | -2.31 | -6.64 | -5.91 | -5.18 | -6.31 | -6.12 | -5.37 | -6.68 | -5.88 | -5.95 | -4.22 | -2.48 | -4.84 | -3.03 | -3.5 | -4.17 | -2.09 | -2.48 | -0.22 | -2.12 | -3.44 | -2.04 | -4.25 | 0.04 | 0 |
| 201408 | 2.81 | 6.32 | 3.8 | 3.31 | 2.5 | 5.89 | 5.02 | 3.9 | 4.41 | 5.72 | 5.67 | 4.57 | 5.67 | 4.1 | 4.59 | 6.33 | 5.11 | 4.98 | 3.67 | 4.99 | 4.95 | 4.57 | 3.68 | 2.87 | 4.22 | 4.23 | 0.5 | -0.76 | 0 |
| 201409 | -7.06 | -4.46 | -6.3 | -4.26 | -3.91 | -4.8 | -4.59 | -5.06 | -6.1 | -10.02 | -2.91 | -5.88 | -6.13 | -6.05 | -7.75 | -3.18 | -3.76 | -4.5 | -4.6 | -5.33 | -1.05 | -1.87 | -2.25 | -3 | -2.1 | -1.97 | -3.8 | -1.68 | 0 |
| 201410 | 1.85 | 3.47 | 2.87 | 2.99 | 0.84 | 8.12 | 6.89 | 5.68 | 7.1 | 1.44 | 6.23 | 6.05 | 3.99 | 3.61 | 4.78 | 3.55 | 0.32 | 2.87 | 2.86 | -0.22 | 3.16 | 2.46 | 1.74 | -0.88 | 2.71 | 2.52 | 4.28 | -1.81 | 0 |
| 201411 | -1.21 | -0.83 | -0.92 | -1.56 | -0.79 | 0.61 | -0.35 | -0.4 | -1.22 | -2.48 | 3 | 2.16 | -0.99 | -0.58 | -0.65 | 3.28 | 1.92 | 2.46 | -0.45 | -2.33 | 4.02 | 2.14 | 3.66 | 0.8 | -0.19 | 2.55 | -2.08 | -3.37 | 0 |
| 201412 | 2.19 | 3.42 | 5.82 | 1.91 | 1.84 | 1.32 | 4.2 | 2.99 | 2.92 | 2.5 | 1.67 | 0.98 | -0.13 | 1.91 | -0.68 | -0.01 | 0.7 | -0.48 | 0.16 | 0.79 | -1.33 | -0.11 | 0.05 | -0.16 | 1.56 | -0.06 | 2.6 | 1.56 | 0 |
| 201501 | -1.89 | -3.76 | -3.83 | -3.89 | -2.79 | -2.93 | -4.31 | -5.66 | -5.69 | -7.43 | -1.5 | -3.18 | -3.54 | -6.18 | -3.33 | -1.92 | -2.21 | -2.92 | -2.81 | -2.76 | -2.08 | -3.86 | -3.24 | -5.5 | -2.31 | -3.11 | -0.62 | -3.06 | 0 |
| 201502 | 6.01 | 6.83 | 7.57 | 4.48 | 4.43 | 9.25 | 6.88 | 7.88 | 7.01 | 6.25 | 9.47 | 7.85 | 9.24 | 7.5 | 5.13 | 7.7 | 7.69 | 9.21 | 7.74 | 4.93 | 6.98 | 6.26 | 5.99 | 6.91 | 2.82 | 6.13 | 0.47 | -2.16 | 0 |
| 201503 | -1.84 | -0.58 | -0.61 | 1.94 | -0.42 | 2.3 | 2.03 | 0.95 | 1.48 | -0.29 | 0.87 | 0.91 | 1.84 | 0.26 | -1.65 | 0.91 | 0 | 1 | -1.38 | -1.2 | -1.64 | -0.4 | -1.57 | -1.22 | -2.43 | -1.12 | 3.14 | -0.73 | 0 |
| 201504 | 2.34 | -0.74 | -2.29 | 0.14 | 1.82 | -1.65 | -2.06 | -1.14 | 0.33 | 2.48 | -2.82 | -0.88 | 0.14 | 0.28 | 1.18 | -1.1 | 1.04 | -0.33 | 1 | 2.01 | 0.72 | 0.15 | 1.26 | 3.34 | 1.93 | 0.59 | -3.03 | 2.13 | 0 |
| 201505 | 1.41 | 1.4 | 0.91 | -0.12 | -0.67 | 1.24 | 3.98 | 2.14 | -0.09 | -2.77 | 3.66 | 1.82 | 1.77 | 0.9 | -0.41 | 1.85 | 1.51 | 1.53 | -0.46 | -1.7 | 0.25 | 0.57 | 1.27 | -0.11 | 0.13 | 1.36 | 0.95 | -1.9 | 0 |
| 201506 | 1.63 | 0.84 | -0.87 | 0.94 | -0.31 | 2.09 | 1.09 | 0.24 | 0.37 | -2.84 | 1.67 | 0.83 | -1.02 | -1.36 | -3.05 | -1.58 | -1.03 | -1.48 | -2.97 | -3.22 | -1.05 | -2.71 | -2.32 | -2.86 | -3.49 | -1.53 | 2.84 | -1.04 | 0 |
| 201507 | -4.32 | -2.42 | -6.41 | -3.87 | -6.3 | -0.1 | -1.83 | -1.19 | -2.85 | -6.32 | 1.8 | -0.26 | -3.25 | -3.03 | -6.87 | 2.41 | 0.17 | -0.13 | 1.17 | -1.81 | 3.18 | 1 | -0.29 | 0.13 | -1.07 | 1.54 | -4.17 | -4.5 | 0 |
| 201508 | -6.17 | -7.75 | -1.49 | -3.09 | 0.04 | -9.69 | -5.07 | -3.88 | -4.66 | -4.15 | -8.47 | -5.58 | -4.24 | -4.19 | -2.7 | -8.32 | -5.56 | -5.25 | -4.23 | -4.15 | -6.08 | -6.06 | -5.44 | -5.16 | -5.49 | -6.04 | 0.43 | 2.88 | 0 |
| 201509 | -7.99 | -8.39 | -5.16 | -3.47 | -5.66 | -9.8 | -6.29 | -4.47 | -2.67 | -7.39 | -6.28 | -4.79 | -5.24 | -5.8 | -7 | -5.78 | -4.04 | -4.84 | -4.16 | -4.18 | -2.15 | -4.23 | -3.89 | -2.19 | -2.93 | -3.08 | -2.71 | 0.73 | 0 |
| 201510 | 3.78 | 5.29 | 5.76 | 3.47 | 3.25 | 4.5 | 6.62 | 6.56 | 6.12 | 6.2 | 5.7 | 5.77 | 8.28 | 6.78 | 9.66 | 6.14 | 7.04 | 6.67 | 2.18 | 6.32 | 7.06 | 7.88 | 7.98 | 6.14 | 6.32 | 7.75 | -1.86 | -0.32 | 0 |
| 201511 | 3.51 | 3.87 | 6.16 | 2.86 | 0.14 | 9.38 | 2.65 | 4.52 | 4.25 | 4.81 | 2.64 | 2.15 | 1.46 | 2.34 | 1.28 | 1.17 | 1.3 | 0.54 | 0.97 | -0.57 | 0.48 | -0.8 | 0.08 | 1.32 | 0.74 | 0.56 | 3.56 | -1.2 | 0 |
| Copyright 2015 Kenneth R. French |
Hh Ari
25_Portfolios_US_2009-2015.xlsx
