Endowment Index® Third Quarter 2021 Performance Update

APPLETON, Wis., Oct. 18, 2021 /PRNewswire/ -- The Endowment Index^® calculated by Nasdaq OMX^® (Symbol: ENDOW) declined 0.99% (on a total return basis) for the third quarter ended September 30, 2021. This compares to the Global 60-40 Portfolio (60% Stocks, 40% Bonds), which decreased 0.83% for the same period.

Global equity markets rose to begin the quarter but lost ground in September. Higher inflation, in part due to supply chain issues, was the primary concern in Q3. In addition to inflation, continued fears of the Covid-19 delta variant lead to increased market volatility. 

Only six of the Index's twenty-two components posted gains in Q3 2021. The top performing component of the Index was diversified commodities futures, which gained 4.83%. Metals & mining was the worst performer, posting a loss of -9.50% for the quarter.

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 Endowment Index measures performance for a multi-asset, globally diversified, three-dimensional portfolio that includes Global Equity, Global Fixed Income, and Alternative Investments (like Private Equity, Hedge Funds and Real Assets) The Index applies an objective, rules-based construction methodology based upon portfolio allocation data obtained from over 700 educational institutions that collectively manage over $637 billion as of 6/30/20. Each of the 22 sub-indexes that currently comprise the Index are investable and contained within those sub-indexes are over 47,000 underlying securities.

Visit EndowmentIndex.com to download longer term index price and performance data. 

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.

Contact:  Tim Landolt MBA, Managing Director, 920.785.6012
Info: www.ETFModelSolutions.com or www.EndowmentIndex.com

Disclosure:  Information presented 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. You cannot invest directly in an index. Indexes do not contain fees. Past performance is not necessarily indicative of future results. Investments involve risk and unless otherwise stated, are not insured or guaranteed. Performance information provided is net of any underlying exchange-traded fund expenses but does not include any other fees or expenses. ETF Model Solutions, LLC is registered as an investment adviser with the SEC. Registration does not imply any level of skill or training, nor does it imply endorsement by the SEC or other securities regulatory authority. A copy of the Firm's disclosure document, Form ADV Brochure Part 2, is available upon request.

Media Contact:
Sam Moore
[email protected] 
920-785-6010

SOURCE ETF Model Solutions, LLC

Related Links

http://www.ETFModelSolutions.com

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