November 2024 Index Returns

In stocks (equities):

• November saw a wide range of equity returns as the R2000G jumped by 12.3% while the MSCI Emerging Markets declined by -3.6%.
• Several US stock indexes notched their largest monthly gains of 2024 in November including the S&P 500, R3000, R1000, R1000V, R2000, and R2000G.
• International stocks underperformed their US counterparts for the month, and at least part of the negative relative return came from a rising US Dollar relative to a basket of other currencies.
• On a YTD basis, all stock indexes have a positive return with the exception of non-US REITs (-6.5%). All stock indexes are positive over the last 12 month period.

In bonds (fixed income):

• All bond indexes were positive during November and over the last 12 months. YTD only 10+Yr Treasuries have a negative return (-0.5%).
• Yields declined slightly over most every part of the US Treasury curve during November with the exception of 1 Yr, which went up by 2 bps.

As always, please let us know if you have any questions by emailing support@xyinvestmentsolutions.com.

As an additional note, please keep in mind that these reflect historical performance of the current models, not necessarily how accounts were invested in the past.