APPLETON, Wis., Jan. 8, 2018 /PRNewswire/ -- The Endowment Index® calculated by Nasdaq OMX® (Symbol: ENDOW) gained 17.6% (on a total return basis) for the year ended December 31, 2017. This compares to the S&P 500, which gained 21.8% for the same period.
The Index began the year at 1,072.11 and never once dipped below that mark. Consistent with the low-volatility environment that global markets experienced in 2017, the Index rose steadily, posting gains in each of the 4 quarters. The Index's greatest retracement was just 1.64%, occurring during the first week of August.
Eighteen of the Index's nineteen components posted gains in 2017. Natural resources-metals & mining (+37.1%), emerging markets equity (+36.8%), emerging markets equity-China (+31.8%), natural resources-timber (+29.8%), international real estate (+26.5%), and equity-international developed (+26.4) posted the strongest gains. Managed futures (-3.2%) posted the only decline among Index constituents.
On an attribution basis, private equity, equity-domestic, and equity-international developed accounted for over half (56%) of the Index's 2017 gains.
Endowment Index® 2017 Constituent Performance
2017 Change (%)
2017 Change (%)
Private Eq-Distressed Debt
Emerging Mkt Equity
Em. Markets- China
Domestic Real Estate
Intl Real Estate
Domestic Fixed Inc
Intl Developed Equity
Intl Developed Fixed Inc
Commodity-Oil & Gas
Emerging Mkt Fixed Inc
The Endowment index® represents the investable opportunity for managers of portfolios utilizing the Endowment Investment Philosophy® or who otherwise incorporate alternative investments within a comprehensive asset allocation. The Index provides an objective tool used for portfolio comparison, investment analysis, and research and benchmarking by fiduciaries, trustees, portfolio managers, consultants and advisers to endowments, foundations, trusts, defined benefit/contribution plans and individual investors.
ETF Model Solutions, LLC serves its clients as an ETF strategist, designing and managing ETF-based investment solutions for advisers, institutions, retirement plans and individual investors based upon the Endowment Investment Philosophy®. The Firm offers ETF-based diversified target-risk models and asset class models for use by investment advisers and retirement plans. ETF Model Solutions, LLC also provides digital investment services to individual investors through the website, www.MyRoboAdviser.com.
Disclosure: Information presented is for educational purposes only and is not intended as an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies, nor shall it be construed to be the provision of investment advice. Past performance is not necessarily indicative of future results. Investments involve risk and unless otherwise stated, are not insured or guaranteed. Be sure to consult with a qualified financial adviser and/or tax professional before implementing any investment strategies discussed herein. ETF Model Solutions, LLC is registered as an investment adviser with the SEC. ETF Model Solutions is an affiliate of Endowment Wealth Management, Inc., an investment adviser registered with the State of Wisconsin. Registration does not imply any level of skill or training, nor does it imply endorsement by the SEC or and other securities regulatory authority. You cannot invest directly in an index. Indexes do not contain fees. Performance information contained in this presentation is provided net of any underlying exchange-traded fund expenses, does not include any other fees or expenses. Past performance is not necessarily indicative of future results. A copy of the Firm's disclosure document, Form ADV Brochure Part 2, is available upon request.