The Wilshire 5000℠ Posts $625 Billion Loss in the Second Quarter Despite Ending it with 2012’s Biggest One-day Gain of the Year

Santa Monica, CA - 6 July 2012

Index Remains Up $1.2 Trillion Year-to-Date

Despite ending the quarter with 2012’s biggest one-day gain of the year, theWilshire 5000 Total Market Indexâ„ , the original pure and completeâ„  measure of the U.S. stock market, closed the quarter at 14,049.42, down -3.13 percent with dividends. Without dividends reinvested, the estimated market value decreased $625 billion during the second quarter, but remained up $1.2 trillion year-to-date, according to Wilshire Associates Incorporated (Wilshire®), a diversified global financial services firm.

“The 2.52 percent gain of the Wilshire 5000â„  on June 29 accounted for two-thirds of June’s performance, which closed the month up 3.95 percent. June’s return was a rising tide that raised all boats as this was the first time that all size Sectors were positive since October 2011 had a Wilshire 5000 return of 11.38 percent,” said Robert J. Waid, managing director, Wilshire Associates. “The Wilshire US Small-Cap Indexâ„  and Wilshire US Micro-Cap Indexâ„  led the way in June with gains of 4.63 and 5.40 percent, respectively, while the Wilshire US Large-Cap Indexâ„  saw a return of 3.87 percent,” he added.

TheWilshire US REIT Indexâ„  and the Wilshire US Real Estate Securities Indexâ„  also ended the quarter with their biggest gains of 2012. Unlike the broader equity market, the June return of 5.57 percent for the Wilshire US REIT and 5.55 percent for the Wilshire US RESI pushed the quarterly returns in to positive territory of 3.71 and 3.54 percent, respectively. Public real estate continues its impressive recovery with a total return of 267.20 percent since the recession low on March 6, 2009.

“After two successive months as the best performing Wilshire 5000 Sector, Telecom Services fell one notch to the second best sector in June with 5.55 percent to Health Care’s 6.00 percent,” Waid noted. “This made Telecom Services the runaway best sector for the quarter with 12.97 percent to Utilities’ 5.84 percent rebound from its first quarter’s worst performance.”

All values as of June 29, 2012. Index values are in price values. All returns are total returns and reflect float-adjusted market capitalization. Returns are annualized for periods greater than one year.

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