In addition to being compared with a primary benchmark index (the S&P 500 index for stock funds, the Barclays Aggregate Index for bond funds), each fund in our database is compared with a secondary index, based on its Morningstar Category. For example, all funds in the large-growth category are compared with the Russell Top 200 Growth index. Secondary index comparisons are found in the Basic Performance section of the Detail report. The following table lists the secondary indexes used for the funds within each Morningstar Category:
Click a category below to view its definition.
|
Morningstar Category |
Secondary Index |
|
Domestic Equity |
|
|
Merrill Lynch Convertible Bonds All Qualities |
|
|
Goldman Sachs Natural Resources |
|
|
New York Stock Exchange Arca Tech 100 |
|
|
DJ Wilshire 5000 Full Cap |
|
|
Dow Jones Utilities Average TR |
|
|
International Equity |
|
|
MSCI World Metals & Mining USD |
|
|
Taxable Bond |
|
|
Barclays US Government Long |
|
|
Barclays US Government |
|
|
Barclays 1-5 Year |
|
|
Barclays US Treasury US TIPS |
|
|
Barclays US Govt/Credit Bond |
|
|
Barclays US Govt/Credit 5-10 Yr |
|
|
Barclays Govt/Credit 1-5 Yr |
|
|
USTREAS CD Sec Mkt 6 Mon |
|
|
Barclays 1-5 Govt/Credit 1-5 Yr |
|
|
USTREAS T-Bill Cnst Mat Rate 3 Yr |
|
|
Credit Suisse HY |
|
|
Barclays US Universal |
|
|
Citi WGBI Non-USD USD |
|
|
Citi ESBI Capped Brady |
|
|
Municipal Bond |
|
|
Barclays Municipal 20 Yr 17-22 |
|
|
Barclays Municipal 10 Yr 8-12 |
|
|
Barclays Municipal 3 Yr 2-4 |
|
|
Barclays Municipal 10 Yr 8-12 |
|
|
Barclays Municipal 20 Yr 17-22 |
|
|
Barclays Municipal 10 Yr 8-12 |
|
|
Barclays Municipal 3 Yr 2-4 |
|
|
Barclays Municipal California |
|
|
Barclays Municipal California |
|
|
Barclays Municipal 10 Yr 8-12 |
|
|
Barclays Municipal 10 Yr 8-12 |
|
|
Barclays Municipal 10 Yr 8-12 |
|
|
Barclays Municipal 10 Yr 8-12 |
|
|
Barclays Municipal New York |
|
|
Barclays Municipal New York |
|
|
Barclays Municipal 10 Yr 8-12 |
|
|
Barclays Municipal 10 Yr 8-12 |