One Hundred Years
As of 23 July 2026
As of 23 July 2026
The Hundred Year page compiles US stock and bond market risk and return data since January 1926 in single place. These data formed the basis of several
articles and posts on MFO and MFOP on long-term performance and cycles (e.g., Strong June Propels New Bull Market [July 2023]). Like the new fund Demographics page, these data will be updated
quarterly and should provide a helpful reference for individual investors, financial advisors, and fund managers.
The charts are organized first by a under a series called US Market Risk & Return Metrics Since 1926, interspersed with similar charts since 1960. Here is the summary of contents:
Click on any chart to expand. Click on icon near upper right corner to download a PNG image file.
All data contained in these charts are based on month-ending returns and are available by using MultiSearch, the main tool on MFOP.
All charts since 1926 use long-term US bonds [LGOVBND], while those since 1960 use aggregate US bonds [USBOND]. SP500 returns before March 1957 use so-called S&P 90 Index
For reference, our series on market cycles for US equities, which includes methodology, is summarized here:
The charts are organized first by a under a series called US Market Risk & Return Metrics Since 1926, interspersed with similar charts since 1960. Here is the summary of contents:
- Basic Charts
- Basic Charts [Since 1960]
- Rolling Charts
- Rolling Charts [Since 1960]
- Basic Tables
- Basic Tables [Since 1960]
- Allocation Tables
- Allocation Tables [Since 1960]
- Timing Comparison
- Timing Comparison [Since 1960]
Click on any chart to expand. Click on icon near upper right corner to download a PNG image file.
All data contained in these charts are based on month-ending returns and are available by using MultiSearch, the main tool on MFOP.
All charts since 1926 use long-term US bonds [LGOVBND], while those since 1960 use aggregate US bonds [USBOND]. SP500 returns before March 1957 use so-called S&P 90 Index
For reference, our series on market cycles for US equities, which includes methodology, is summarized here:
- The Great Normalization [July 2022]
- Early Cycle Metrics [December 2021]
- Super Bull Markets [November 2021]
- A Thirty Year Proposition [September 2020]
- A Presumptive Bear Ends an 11-Year Bull Run [April 2020]
- Mediocrity and Frustration [November 2014]
- Ten Market Cycles [March 2014]
US Market Risk & Return Metrics Since 1926 - Basic Charts
US Market Risk & Return Metrics Since 1960 - Basic Charts
US Market Risk & Return Metrics Since 1926 - Rolling Charts
US Market Risk & Return Metrics Since 1960 - Rolling Charts
US Market Risk & Return Metrics Since 1926 - Basic Tables
US Market Risk & Return Metrics Since 1960 - Basic Tables
US Market Risk & Return Metrics Since 1926 - Allocation Tables
US Market Risk & Return Metrics Since 1960 - Allocation Tables
US Market Risk & Return Metrics Since 1926 - Timing Comparison
US Market Risk & Return Metrics Since 1960 - Timing Comparison
Ten US Market Cycles Since 1929
