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Endowment Index Rises 4.43% in First Quarter | Chief Investment Officer


Strong equity markets helped index outperform benchmark 60/40 index.
The Endowment Index, as calculated by Nasdaq OMX, increased 4.43% on a total return basis for the first quarter of 2021.
The index’s performance was down from a 13.91% return in the previous quarter, but it more than quadrupled the performance of a global 60/40 stock/bond index, which gained only 1.02% during the same period.
The quarterly gains were buoyed by strong equity markets that were boosted by the passage of the $1.9 trillion stimulus package, as well as steady progress in rolling out the COVID-19 vaccines. ETF Model Solutions, which owns the index, said it saw two trends during the quarter within equity markets: the rotations from growth to value and from large-cap to small-cap. ....

Model Solutions , Endowment Index , Nasdaq Omx , Covid 19 , Stimulus Package , Etf Model Solutions , மாதிரி தீர்வுகள் , ஆஸ்தி குறியீட்டு ,

Endowment Index® First Quarter 2021 Performance Update


Endowment Index® First Quarter 2021 Performance Update
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APPLETON, Wis., April 12, 2021 /PRNewswire/ The Endowment Index® calculated by Nasdaq OMX® (Symbol: ENDOW) increased 4.43% (on a total return basis) for the quarter ended March 31, 2021. This compares to a Global 60-40 Index (60% Stocks, 40% Bonds), which gained 1.02% for the same period.
ETF Model Solutions, LLC
Equity markets continued their march forward in Q1, primarily driven by the passage of the $1.9 trillion stimulus package as well as strong progress in the vaccine rollout. Two noteworthy trends within equity markets were the rotations from growth to value and large-cap to small-cap. Beyond equities, the 10-year Treasury yield increased 83 bps & the U.S. dollar strengthened throughout the quarter. Of the 22 index components, 14 were up and 8 were down. ....

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Endowment Index Ends Second Straight Year at Record High | Chief Investment Officer


Despite 10.14% rise during 2020, the index still underperformed a 60/40 stock-bond portfolio.
The Endowment Index calculated by Nasdaq OMX rose 10.14% to 1,517.54 in 2020 to end a second straight year with a record high. However, the index still underperformed a global portfolio of 60% equities and 40% fixed income, which returned 13.77% during the year.
Not surprisingly, the index had a rough start to the year as the COVID-19 pandemic exploded during the first quarter and sent global stock markets crashing. As a result of the global asset sell-off, the index tumbled to 987.70 on March 23. But, from that point, the index soared nearly 54% during the remainder of the year. ....

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