FOR IMMEDIATE RELEASE
CONTACT:
Kim Shepherd
773-252-9986
kshepherd.ext@wilshire.com
WILSHIRE 5000SM UP NEARLY 17 PERCENT MARKING BEST QUARTER IN A DECADE
Paper Gain $1.5 Trillion; Small Caps Stocks Lead the Way with 26.32 Percent Return
SANTA MONICA, California, July 9, 2009 -- The Wilshire 5000 Total Market IndexSM,
the original true broad measure of the U.S. stock market, added to its late-March rally to advance 16.79 percent
in the second quarter of 2009 making it the best quarter for the Wilshire 5000SM
since the fourth quarter of 1999, according to Wilshire Associates Incorporated, a leading global independent
investment consulting and services firm.*
"The U.S. stock market closed at 9428.19, representing a paper gain of $1.5 trillion as the Wilshire 5000 marked
its first positive quarter since a 1.46 percent increase during the third quarter of 2007," noted Steven J. Foresti,
managing director and head of the Investment Research Group of Wilshire Consulting, a business unit of Wilshire
Associates. "Stocks have risen 38.33 percent since their recent low on March 9, 2009, reducing the current market
sell-off to -38.30 percent since the Wilshire 5000's high in October 2007. Each individual month within the quarter
enjoyed a positive return, as June's narrow 0.35 percent gain represented the market's fourth consecutive up month," he stated.
"Small capitalization stocks took a leadership role during the quarter, reversing a trend of recent underperformance
relative to larger stocks," Foresti continued. "The Wilshire Small Cap Index rose 26.32 percent versus a 15.57 percent
advance for the Wilshire Large Cap Index. The Wilshire Small Cap Index surged 19.87 percent in April alone, marking
its best single-month return in the index's 31 year history. Growth stocks continued to outpace value shares during
the quarter, particularly in the small cap segment, with the Wilshire Small Growth Index up 28.92 percent against 23.64
percent for the Small Cap Value Index," said Foresti.
*All values as of June 30, 2009. Index values are in price values. All returns are total returns and reflect
float-adjusted market capitalization.
Financial stocks led all other sectors higher with a 26.96 percent quarterly advance, adding to an impressive rebound
that began in March. The market's upward climb was broad-based as all sectors delivered positive results for the
quarter. Even the Telecommunication Services segment, which lagged all other sectors, posted a respectable 4.38 percent return.
The Wilshire Global Total Market IndexSM, closed at 1847.28, which represents a quarterly
gain of 23.81 percent. The Wilshire Global exUS IndexSM was up 29.23 percent this past quarter.
On a regional basis, Latin America outperformed Europe, Asia/Pacific, and Middle East & Africa by posting a gain of
41.10 percent as measured by the Wilshire Regional Indexes. Middle East & Africa posted the narrowest gain of 26.76 percent for the quarter.
GLOBAL QUARTERLY RETURNS AT A GLANCE:
| Index Name |
Index Close |
Point Change MTD |
% Change MTD |
YTD |
1-Year |
3-Year |
5-Year |
| Wilshire 5000 |
9428.19 |
1384.01 |
16.79% |
4.45% |
-26.40% |
-22.46% |
-7.77% |
| Wilshire Global TMI |
1847.28 |
302.22 |
23.81% |
11.08% |
-28.43% |
-18.44% |
8.57% |
| Wilshire Global exUS Index |
1557.11 |
268.68 |
29.23% |
16.23% |
-29.94% |
-15.32% |
26.34% |
| Wilshire Europe Index |
2119.88 |
417.15 |
27.19% |
10.21% |
-35.26% |
-22.31% |
16.47% |
| Wilshire Asia / Pacific Index |
1045.07 |
238.50 |
30.21% |
18.85% |
-21.32 |
-12.38% |
23.80% |
| Wilshire Latin America Index |
6656.97 |
1884.52 |
41.10% |
47.66% |
-32.38% |
36.41% |
194.22% |
| Wilshire Middle East & Africa Index |
2198.02 |
455.93 |
26.76% |
18.99% |
-28.81% |
-4.97% |
70.19% |
WILSHIRE GLOBAL SECTOR WINNERS AND LOSERS BY REGION:
| United States |
Europe |
Middle East & Africa |
| |
|
|
|
|
|
| TOP 3 |
|
|
|
|
|
| Financials |
26.96% |
Financials |
44.79% |
Industrials |
43.36% |
| Information Technology |
20.96% |
Materials |
34.54% |
Consumer Discretionary |
39.78% |
| Industrials |
20.33% |
Industrials |
29.07% |
Telecommunication Services |
38.32% |
| |
|
|
|
|
|
| BOTTOM 3 |
|
|
|
|
|
| Health Care |
10.62% |
Energy |
20.03% |
Materials |
22.50% |
| Consumer Staples |
10.14% |
Telecommunication Services |
13.63% |
Health Care |
14.06% |
| Telecommunication Services |
4.38% |
Health Care |
12.34% |
Information Technology |
12.69% |
| |
|
|
|
|
|
| |
|
|
|
|
|
| Latin America |
Asia/Pacific |
World |
| |
|
|
|
|
|
| TOP 3 |
|
|
|
|
|
| Health Care |
58.97% |
Financials |
37.80% |
Financials |
37.13% |
| Consumer Discretionary |
47.26% |
Energy |
37.14% |
Materials |
29.11% |
| Financials |
47.17% |
Materials |
34.51% |
Industrials |
27.58% |
| |
|
|
|
|
|
| BOTTOM 3 |
|
|
|
|
|
| Information Technology |
33.47% |
Telecommunication Services |
19.13% |
Utilities |
15.54% |
| Utilites |
32.61% |
Health Care |
18.55% |
Telecommunication Services |
13.16% |
| Telecommunication Services |
26.41% |
Utilities |
9.56% |
Health Care |
11.94% |
WILSHIRE SIZE INDEXES
The Wilshire US Small-Cap IndexSM posted a gain of 26.32
percent and the Wilshire Global Small-Cap IndexSM posted a
gain of 32.98 percent. The Wilshire US Micro-Cap IndexSM had
an up quarter with a gain of 38.50 percent. The Wilshire US Large-Cap IndexSM
was up 15.57 percent. On a global basis, the Wilshire Global Large-Cap IndexSM
added 22.62 percent.
WILSHIRE GLOBAL REAL ESTATE INDEXES
In the United States, the Wilshire US Real Estate Investment Trust (REIT) IndexSM
gained 31.69 percent and the Wilshire US Real Estate Securities IndexSM
(RESI) added 31.93 percent. The Wilshire Global REIT IndexSM posted a 29.12 percent
gain. The broader Wilshire Global RESISM, which represents 23 countries in Europe,
the Americas, Asia/Pacific and Africa, increased 33.04 percent.
JUNE 2009 RETURNS
GLOBAL RETURNS AT A GLANCE:
| Index Name |
Index Close |
Point Change MTD |
% Change MTD |
YTD |
1-Year |
3-Year |
5-Year |
| Wilshire 5000 |
9428.19 |
19.73 |
0.35% |
4.45% |
-26.40% |
-22.46% |
-7.77% |
| Wilshire Global TMI |
1893.97 |
-7.69 |
-0.21% |
11.08% |
-28.43% |
-18.44% |
8.57% |
| Wilshire Global exUS Index |
1643.33 |
-14.09 |
-0.65% |
16.23% |
-29.94% |
-15.32% |
26.34% |
| Wilshire Europe Index |
2119.88 |
-45.92 |
-1.88% |
10.21% |
-35.26% |
-22.31% |
16.47% |
| Wilshire Asia / Pacific Index |
1045.07 |
13.50 |
1.47% |
18.85% |
-21.32 |
-12.38% |
23.80% |
| Wilshire Latin America Index |
6656.97 |
-90.29 |
-1.32% |
47.66% |
-32.38% |
36.41% |
194.22% |
| Wilshire Middle East & Africa Index |
2198.02 |
28.36 |
1.50% |
18.99% |
-28.81% |
-4.97% |
70.19% |
WILSHIRE GLOBAL SECTOR WINNERS AND LOSERS BY REGION:
| United States |
Europe |
Middle East & Africa |
| |
|
|
|
|
|
| TOP 3 |
|
|
|
|
|
| Utilities |
5.52% |
Telecommunication Services |
4.09% |
Utilities |
24.15% |
| Information Technology |
4.06% |
Consumer Staples |
1.40% |
Telecommunication Services |
7.35% |
| Health Care |
3.50% |
Health Care |
0.70% |
Consumer Discretionary |
6.51% |
| |
|
|
|
|
|
| BOTTOM 3 |
|
|
|
|
|
| Financials |
-1.69% |
Financials |
-3.17% |
Industrials |
3.28% |
| Materials |
-4.37% |
Materials |
-4.43% |
Energy |
-4.47% |
| Energy |
-4.96% |
Energy |
-5.50% |
Materials |
-6.95% |
| |
|
|
|
|
|
| |
|
|
|
|
|
| Latin America |
Asia/Pacific |
World |
| |
|
|
|
|
|
| TOP 3 |
|
|
|
|
|
| Utilities |
6.32% |
Consumer Staples |
5.34% |
Health Care |
2.71% |
| Information Technology |
4.39% |
Health Care |
3.67% |
Information Technology |
2.37% |
| Health Care |
4.13% |
Financials |
3.07% |
Telecommuication Services |
1.88% |
| |
|
|
|
|
|
| BOTTOM 3 |
|
|
|
|
|
| Telecommunication Services |
-1.22% |
Materials |
0.33% |
Industrials |
-0.54% |
| Energy |
-2.98% |
Information Technology |
-0.34% |
Materials |
-3.81% |
| Materials |
-4.50% |
Energy |
-3.82% |
Energy |
-5.34% |
WILSHIRE SIZE INDEXES
The Wilshire US Small-Cap IndexSM posted a gain of 0.83
percent and the Wilshire Global Small-Cap IndexSM posted a
gain of 0.53 percent. The Wilshire US Micro-Cap IndexSM had
an up month with a gain of 7.23 percent. The Wilshire US Large-Cap IndexSM
was up 0.25 percent. On a global basis, the Wilshire Global Large-Cap IndexSM
fell -0.34 percent.
WILSHIRE GLOBAL REAL ESTATE INDEXES
In the United States, the Wilshire US Real Estate Investment Trust (REIT) IndexSM
fell -4.09 percent and the Wilshire US Real Estate Securities IndexSM
(RESI) dropped -4.02 percent. The Wilshire Global REIT IndexSM posted a -0.52 percent
loss. The broader Wilshire Global RESISM, which represents 23 countries in Europe,
the Americas, Asia/Pacific and Africa, close the month even.
For more information about the Wilshire Index Family please e-mail WilshireIndexes@wilshire.com.
About Wilshire Associates
Wilshire Associates, a leading global, independent investment consulting and services firm,
provides consulting services, analytics solutions and customized investment products to plan
sponsors, investment managers and financial intermediaries. Its business units include,
Wilshire Analytics, Wilshire Consulting, Wilshire Funds Management and Wilshire Private Markets.
The firm was founded in 1972, revolutionizing the industry by pioneering the application of
investment analytics and research to investment management for the institutional marketplace.
Wilshire also is credited with helping to develop the field of quantitative investment
analysis that uses mathematical tools to analyze market risks. All other business units
evolved from Wilshire's strong analytics foundation. Wilshire developed the Wilshire 5000
Total Market IndexSM, the first asset/liability models for
pension funds, the first U.S. equity style metrics work and many other "firsts" as the firm
grew to approximately 350 employees serving the investment needs of institutional and high
net worth clients around the world.
Based in Santa Monica, California, Wilshire provides services to clients in more than 20
countries representing approximately 600 organizations. With ten offices on four continents,
Wilshire Associates and its affiliates are dedicated to providing clients with the highest
quality counsel, products and services. Wilshire is a registered service mark of Wilshire
Associates Incorporated. Please visit www.wilshire.com for more information.
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