Open Access Dividend Portfolio Construction with Ethical Exclusion Criteria

This site presents a model dividend portfolio constructed around cruelty-free criteria, offering a transparent and research-driven example of how values-based filtering can intersect with income-oriented investing. The portfolio applies a single ethical exclusion screen—vegan-aligned criteria—to a traditional dividend equity universe, referencing publicly available data and third-party animal welfare assessments such as those from Cruelty Free Investing.

Rather than functioning as a product or solicitation, this model is intended as an educational demonstration of how thematic filters can be layered onto familiar portfolio structures. It highlights how even narrow philosophical constraints can produce viable frameworks for dividend selection and long-term income modeling—without the need for active management or proprietary inputs.

This material is for informational purposes only. It does not constitute an offer to sell or a solicitation to buy any security and should not be construed as personalized investment advice. Any references to specific companies are illustrative only and do not imply any recommendation or endorsement.

Time Series Charts

2008-2025 Open Backtests

The following time series visualizations illustrate the historical behavior of a price-weighted collection of publicly traded equities selected using thematic screening criteria. This model portfolio, referred to here as the Vegan Aristocrats Open Portfolio, was constructed using publicly available closing price data and is intended for research and educational purposes only. It reflects an approach to examining companies with long histories of dividend growth while incorporating additional screening related to animal welfare considerations. For comparative context, we also include a price-normalized reference to the S&P 500 Dividend Aristocrats ETF (NOBL) from its inception in 2013. These charts do not reflect live portfolio performance and should not be interpreted as investment advice or a recommendation to buy or sell any security.

The Price Weighted Vegan Aristocrats Portfolio

This chart represents a price-weighted, research-oriented basket composed of select dividend-paying companies drawn from the broader S&P 500 Dividend Aristocrats universe. Constituents include IBM, Essex Property Trust, Cincinnati Financial, Genuine Parts Company, Automatic Data Processing, Expeditors International, Chubb Limited, Aflac, Dover Corporation, S&P Global, W.W. Grainger, and Brown & Brown. Each firm has historically maintained a stable dividend, ranging approximately from 0.7% to 4.3% annually. To construct this illustrative portfolio, all selected companies were also screened using publicly available cruelty-free investment databases to exclude known involvement in animal agriculture or conventional utility operations. This methodology is intended to explore the feasibility of a passive dividend strategy aligned with certain ethical investment themes. This material is for informational and illustrative purposes only and does not constitute investment advice or a solicitation to buy or sell securities.

Historical Price Performance: Vegan Aristocrats Portfolio and S&P 500 Aristocrats ETF

This chart represents a price-weighted, research-oriented basket composed of select dividend-paying companies drawn from the broader S&P 500 Dividend Aristocrats universe. Constituents include IBM, Essex Property Trust, Cincinnati Financial, Genuine Parts Company, Automatic Data Processing, Expeditors International, Chubb Limited, Aflac, Dover Corporation, S&P Global, W.W. Grainger, and Brown & Brown. Each firm has historically maintained a stable dividend, ranging approximately from 0.7% to 4.3% annually. To construct this illustrative portfolio, all selected companies were also screened using publicly available cruelty-free investment databases to exclude known involvement in animal agriculture or conventional utility operations. For comparative context, the chart also includes a reference to the S&P 500 Dividend Aristocrats ETF, which follows the full index without ethical exclusions and uses a different weighting methodology. This material is for informational and illustrative purposes only and does not constitute investment advice or a solicitation to buy or sell securities.

Individual Equity Performance: 2008–2025

The following twelve companies collectively constitute the Vegan Aristocrats portfolio, a price-weighted group selected from among high-dividend-paying U.S. equities that have also been reviewed against publicly available ethical investment screens. Each time series chart below reflects the adjusted closing prices of these individual securities from January 2008 through the end of Q1 2025. These visualizations are intended to illustrate the long-term price movement of each company over this period and do not account for dividends or other sources of total return. This material is for informational purposes only and does not represent an investment recommendation.

IBM (International Business Machines, Inc.)

  • 10-K Summary (LINK): International Business Machines Corporation (IBM or the company) was incorporated in the State of New York on June 16, 1911, as the Computing-Tabulating-Recording Co. (C-T-R), a consolidation of the Computing Scale Co. of America, the Tabulating Machine Co. and The International Time Recording Co. of New York. Since that time, IBM has focused on the intersection of business insight and technological innovation, and its operations and aims have been international in nature. This was signaled over 100 years ago, in 1924, when C-T-R changed its name to International Business Machines Corporation. And it continues today—we create sustained value for clients by helping them leverage the power of hybrid cloud and artificial intelligence (AI). Our hybrid cloud platform and AI technology support clients’ digital transformations and helps them reimagine critical workflows, at scale, and modernize applications to increase agility, drive innovation and create operational efficiencies. Our offerings draw from leading IBM capabilities in software, consulting services capability to deliver business outcomes, and deep incumbency in mission-critical infrastructure, all bolstered by one of the world’s leading research organizations.
  • Heatmap (LINK)
  • Box Plot (LINK)

ESS (Essex Property Trust, Inc.)

  • 10-K Summary (LINK): The Company is engaged primarily in the ownership, operation, management, acquisition, development and redevelopment of predominantly apartment communities, located along the West Coast of the United States. As of December 31, 2024, the Company owned or had ownership interests in 255 operating apartment communities, aggregating 62,157 apartment homes, excluding the Company’s ownership in preferred equity co-investments, loan investments, two operating commercial buildings, and a development pipeline comprised of various predevelopment projects (collectively, the “Portfolio”).
  • Heatmap (LINK)
  • Box Plot (LINK)

CINF (Cincinnati Financial Corporation)

  • 10-K Summary (LINK): The Cincinnati Insurance Company was founded by four independent insurance agents and 2025 marks 75 years in business. They established the mission that continues to guide all of the companies in the Cincinnati Financial Corporation family – to grow profitably and enhance the ability of local independent insurance agents to deliver quality financial protection to the people and businesses they serve by: providing insurance market stability through financial strength; producing competitive; up-to-date products and services; developing associates committed to superior service.
  • Heatmap (LINK)
  • Box Plot (LINK)

GPC (Genuine Parts Company)

  • 10-K Summary (LINK): We are one global team unified by our mission to be an employer of choice, supplier of choice, valued customer, responsible corporate citizen and investment of choice for our shareholders. In order to execute this mission, we focus our businesses on delivering excellent customer service, profitable growth, operational efficiencies and strong cash flow. In 2024, we had net sales of $23.5 billion and our revenue mix was 74% in North America, 16% in Europe and 10% in Australasia. We are organized into two business segments: our Automotive Parts Group (“Automotive”) and our Industrial Parts Group (“Industrial”). Our main Automotive customers are repair and maintenance shops, and our main Industrial customers are businesses operating distribution, manufacturing and production equipment. In Automotive, we see long-term growth opportunities across each of the markets we serve which are supported by an increasing number of miles driven, a growing and aging car parc, increasing vehicle complexity, and an emerging opportunity with electric vehicles. In Industrial, growth drivers include disruptions in the global supply chain creating opportunities with nearshoring, a strong outlook for automation and robotics solutions, the need for industrial expertise due to an aging technical workforce and diversified end market opportunities. Together, our business segments create a competitive differentiation in two distinct and growing markets with compelling shareholder value.
  • Heatmap (LINK)
  • Box Plot (LINK)

ADP (Automatic Data Processing)

  • 10-K Summary (LINK): We were founded in 1949 on an innovative idea: to help business owners focus on core business activities by freeing them up from certain non-core tasks such as payroll. Today we are one of the world’s leading providers of cloud-based human capital management (HCM) solutions to employers, offering solutions to businesses of all sizes, whether they have simple or complex needs. We serve over 810,000 clients in 140 countries and territories. Our common stock is listed on the NASDAQ Global Select Market® under the symbol “ADP.”
  • Heatmap (LINK)
  • Box Plot (LINK)

EXPD (Expeditors International of Washington)

  • 10-K Summary (LINK): Expeditors International of Washington, Inc. (herein referred to as “Expeditors,” the “Company,” “we,” “us,” “our”) provides a full suite of global logistics services, offering customers access to an international network of people and integrated information systems to support the movement and strategic positioning of goods. As a third-party logistics provider, we purchase cargo space from carriers (such as airlines, ocean shipping lines, and trucking lines) on a volume basis and resell that space to our customers. We do not compete for overnight courier or small parcel business and do not own aircraft or ships. We provide a broad range of transportation services and customer solutions, such as customs brokerage, order management, time-definite transportation, warehousing and distribution, temperature-controlled transit, cargo insurance, specialized cargo monitoring and tracking, and other customized logistics and consulting solutions. In addition, our Project Cargo unit handles special project shipments that move via a single method or combination of air, ocean, and/or ground transportation and generally require a high level of specialized attention because of the unusual size or nature of what is being shipped.
  • Heatmap (LINK)
  • Box Plot (LINK)

CB (Chubb Limited)

  • 10-K Summary (LINK): Chubb Limited is the Swiss-incorporated holding company of the Chubb Group of Companies. Chubb Limited, which is headquartered in Zurich, Switzerland, and its direct and indirect subsidiaries (collectively, the Chubb Group of Companies, Chubb, we, us, or our) are a global insurance and reinsurance organization, serving the needs of a diverse group of clients worldwide. At December 31, 2024, we had total assets of $247 billion and total Chubb shareholders’ equity, which excludes noncontrolling interests, of $64 billion. Chubb was incorporated in 1985 at which time it opened its first business office in Bermuda and continues to maintain operations in Bermuda. We have grown our business through increased premium volume, expansion of product offerings and geographic reach, and the acquisition of other companies, to become a global property and casualty (P&C) leader. We expanded our personal accident and supplemental health (A&H), and life insurance business with the acquisition of Cigna’s business in several Asian markets in 2022. We further advanced our goal of greater product, customer, and geographical diversification with incremental purchases that led to a controlling majority interest in Huatai Insurance Group Co. Ltd (Huatai Group), a Chinese financial services holding company with separate P&C, life, and asset management subsidiaries (collectively, Huatai) on July 1, 2023. At December 31, 2024, our ownership interest in Huatai Group was approximately 85.5 percent. Refer to Note 2 to the Consolidated Financial Statements for additional information on our acquisitions.
  • Heatmap (LINK)
  • Box Plot (LINK)

(AFL) Aflac Incorporated

  • 10-K Summary (LINK): Aflac Incorporated (the Parent Company) was incorporated in 1973 under the laws of the state of Georgia. The Parent Company and its subsidiaries (collectively, the Company) provide financial protection to millions of policyholders and customers in Japan and the United States (U.S.). The Company’s principal business is supplemental health and life insurance products with the goal to provide customers the best value in supplemental insurance products in Japan and the U.S. When a policyholder or insured gets sick or hurt, the Company pays cash benefits fairly and promptly for eligible claims. Throughout its 69-year history, the Company’s supplemental insurance policies have given policyholders the opportunity to focus on recovery, not financial stress.
  • Heatmap (LINK)
  • Box Plot (LINK)

(DOV) Dover Corporation

  • 10-K Summary (LINK): Dover Corporation is a diversified global manufacturer and solutions provider delivering innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions, and Climate & Sustainability Technologies. Unless the context indicates otherwise, references herein to “Dover,” “the Company,” and words such as “we,” “us,” or “our” include Dover Corporation and its consolidated subsidiaries. Dover was incorporated in 1947 in the State of Delaware and became a publicly traded company in 1955. Dover is headquartered in Downers Grove, Illinois and currently employs approximately 24,000 people worldwide.
  • Heatmap (LINK)
  • Box Plot (LINK)

(SPGI) S&P Global Inc.

  • 10-K Summary (LINK): S&P Global Inc. (together with its consolidated subsidiaries, “S&P Global,” the “Company,” the “Registrant,” “we,” “us” or “our”) is a provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. The capital markets include asset managers, investment banks, commercial banks, insurance companies, exchanges, trading firms and issuers; the commodity markets include producers, consumers, traders and intermediaries within energy, chemicals, shipping, metals, carbon and agriculture; and the automotive markets include manufacturers, suppliers, dealerships, service shops and customers. We serve our global customers through a broad range of products and services available through both third-party and proprietary distribution channels. We were incorporated in December of 1925 under the laws of the state of New York.
  • Heatmap (LINK)
  • Box Plot (LINK)

(GWW) W.W. Grainger, Inc.

  • 10-K Summary (LINK): W.W. Grainger, Inc., incorporated in the State of Illinois in 1928, is a broad line, distributor of maintenance, repair and operating (MRO) products and services with operations primarily in North America, Japan and the United Kingdom (U.K.). In this report, the words “Grainger” or “Company” mean W.W. Grainger, Inc. and its subsidiaries, except where the context makes it clear that the reference is only to W.W. Grainger, Inc. itself and not its subsidiaries.
  • Heatmap (LINK)
  • Box Plot (LINK)

(BRO) Brown & Brown, Inc.

  • 10-K Summary (LINK): Brown & Brown is a diversified insurance agency, wholesale brokerage, insurance programs and service organization with origins dating from 1939 and is headquartered in Daytona Beach, Florida. The Company markets and sells insurance products and services, primarily in the property, casualty and employee benefits areas. We provide our customers with quality, non-investment insurance contracts, as well as other targeted, customized risk management products and services. We primarily operate as an agent or broker and therefore, with limited exceptions, do not assume underwriting risks. Within The Wright Insurance Group, LLC (“Wright”), we operate a write-your-own flood insurance carrier, Wright National Flood Insurance Company (“WNFIC”). WNFIC’s underwriting business consists of policies written pursuant to the National Flood Insurance Program (“NFIP”), the program administered by the Federal Emergency Management Agency (“FEMA”). We also sell excess flood policies which are fully reinsured, thereby substantially eliminating WNFIC’s exposure to underwriting risk, as these policies are backed by either FEMA or a reinsurance carrier with an AM Best Company rating of “A” or better. We also participate in capitalized captive insurance facilities (the “Captives”) for the purpose of providing additional capacity to place coverage, deliver revenues, and participate in underwriting results. The Company has traditionally participated in underwriting profits through profit-sharing contingent commissions. The Captives give us another way to continue to participate in underwriting results, while limiting exposure to underwriting claim costs. The Captives focus on property insurance for earthquake and wind exposed properties underwritten by certain of our managing general underwriters (“MGUs”). The Captives limit, but do not fully eliminate the Company’s exposure to claims expenses either through reinsurance or by only participating in limited tranches of the underwriting results.
  • Heatmap (LINK)
  • Box Plot (LINK)

Heatmaps

Vegan Aristocrats 2008-2024 Quarterly Heatmap

This heatmap visualizes the quarterly returns of the price-weighted Vegan Aristocrats Portfolio over a 15-year period. Each row represents an individual year and each column corresponds to one of the four quarters, allowing you to see how the portfolio performed throughout the year. The colors indicate the magnitude of the returns, with green tones showing higher returns, red tones indicating lower or negative returns, and neutral hues reflecting returns near zero. This visual tool helps reveal seasonal trends and patterns in performance, making it easier to identify periods of strength and weakness across market cycles.

2008-2025 Quarterly Heatmap for Individual Allocation

This section presents a set of quarterly return heatmaps for each individual company included in the Vegan Aristocrats Portfolio. Using adjusted closing prices from 2008 through the most recent quarter, each heatmap visualizes annual patterns by plotting the portfolio’s quarterly return data across a 15-year span. Rows represent calendar years, while columns represent the four quarters. Color gradients indicate the magnitude and direction of returns, highlighting seasonal performance tendencies, volatility clusters, and periods of exceptional growth or decline. These visualizations are provided solely for research and educational purposes and do not constitute investment advice.

IBM Heatmap

GO BACK to IBM (International Business Machines, Inc.) Time Series

ESS Heatmap

GO BACK to ESS (Essex Property Trust, Inc.) Time Series

CINF Heatmap

GO BACK to CINF (Cincinnati Financial Corporation) Time Series

GPC Heatmap

GO BACK to GPC (Genuine Parts Company) Time Series

ADP Heatmap

GO BACK to ADP (Automatic Data Processing) Time Series

EXPD Heatmap

GO BACK to EXPD (Expeditors International of Washington) Time Series

CB Heatmap

GO BACK to CB (Chubb Limited) Time Series

AFL Heatmap

GO BACK to (AFL) Aflac Incorporated Time Series

DOV Heatmap

GO BACK to (DOV) Dover Corporation Time Series

SPGI Heatmap

GO BACK to (SPGI) S&P Global Inc. Time Series

GWW Heatmap

GO BACK to (GWW) W.W. Grainger, Inc. Time Series

BRO Heatmap

GO BACK to (BRO) Brown & Brown, Inc. Time Series

Box Plots

Vegan Aristocrats Quarterly Box Plot Analysis

This box plot presents the distribution of quarterly growth rates for the Vegan Aristocrats Portfolio, a price‐weighted selection of high-dividend-paying companies screened for ethical criteria. The data, derived from publicly available adjusted closing prices from 2008 through the most recent quarter, is provided solely for research and educational purposes. Each box in the chart represents the interquartile range of quarterly returns for a specific quarter, with the median value clearly marked. Outliers are depicted as individual points, offering additional insight into the variability of returns during each quarter. This visualization is intended to illustrate historical volatility and seasonal performance trends without implying any forward-looking projections or guarantees of future results. It is important to note that this material does not constitute investment advice or a recommendation to buy or sell any security. Investors should consider their personal financial circumstances and consult with a qualified professional before making any investment decisions. All data and performance metrics have been computed using standard methodologies, and the information presented is non-confidential and publicly available.

The red dots on the box plot represent outlier quarterly return values—data points that fall significantly outside the typical range of returns (beyond 1.5 times the interquartile range). These outliers indicate quarters where the portfolio experienced unusually high or low performance compared to the overall distribution for that quarter. It’s important to note that outliers are not necessarily abnormal in the context of market volatility; they simply highlight periods where returns deviated markedly from the median. This information is provided for informational and educational purposes only and does not guarantee that such extreme returns will occur in the future.

Individual Company Box Plot Analysis

The following section provides quarterly box plots for each of the twelve companies included in the Vegan Aristocrats Portfolio. These plots visualize the distribution of historical quarterly returns for each individual stock, based on adjusted closing prices from 2008 through the most recent quarter. The intent is to highlight seasonal trends, volatility patterns, and the presence of outlier behavior across companies, offering a more granular view of constituent-level return characteristics within the overall portfolio framework. All data is publicly available and presented strictly for research and educational purposes.

IBM Box Plot

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ESS Box Plot

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CINF Box Plot

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GPC Box Plot

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ADP Box Plot

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EXPD Box Plot

GO BACK to EXPD (Expeditors International of Washington) Time Series

CB Box Plot

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AFL Box Plot

GO BACK to (AFL) Aflac Incorporated Time Series

DOV Box Plot

GO BACK to (DOV) Dover Corporation Time Series

SPGI Box Plot

GO BACK to (SPGI) S&P Global Inc. Time Series

GWW Box Plot

GO BACK to (GWW) W.W. Grainger, Inc. Time Series

BRO Box Plot

GO BACK to (BRO) Brown & Brown, Inc. Time Series

Raw Data

The dataset supporting the Vegan Aristocrats model is arranged in a tidy format, with each row representing a single company-year observation and each column corresponding to a discrete variable. The TICKER column indicates the stock symbol, while YEAR identifies the calendar year of the record. DIVIDEND reflects the total annual dividend per share in U.S. dollars, and PRICE_END denotes the stock’s closing price at year-end. YIELD is the calculated dividend yield, equal to the dividend divided by the closing price. DIVIDEND_RATIO repeats this calculation to facilitate normalization in later analysis stages. DIVIDEND_GROWTH and PRICE_GROWTH capture year-over-year percentage changes in dividend and price, respectively, expressed as decimals. This structure adheres to tidy data conventions: each variable is stored in its own column, each observation occupies its own row, and each table contains only one type of observational unit.

Table: Annual Dividend and Price Metrics (2008–2024)
TICKER YEAR DIVIDEND PRICE_END YIELD DIVIDEND_RATIO DIVIDEND_GROWTH PRICE_GROWTH
IBM 2008 1.8164 46.27 0.0393 0.0393 NA NA
IBM 2009 2.0554 73.40 0.0280 0.0280 0.1316 0.5863
IBM 2010 2.3901 83.87 0.0285 0.0285 0.1628 0.1426
IBM 2011 2.7725 106.86 0.0259 0.0259 0.1600 0.2741
IBM 2012 3.1549 113.19 0.0279 0.0279 0.1379 0.0592
IBM 2013 3.5373 112.99 0.0313 0.0313 0.1212 -0.0018
IBM 2014 4.0631 98.99 0.0410 0.0410 0.1486 -0.1239
IBM 2015 4.7801 87.69 0.0545 0.0545 0.1765 -0.1142
IBM 2016 5.2581 109.79 0.0479 0.0479 0.1000 0.2520
IBM 2017 5.6405 105.41 0.0535 0.0535 0.0727 -0.0399
IBM 2018 5.9369 81.63 0.0727 0.0727 0.0525 -0.2256
IBM 2019 6.1472 100.88 0.0609 0.0609 0.0354 0.2358
IBM 2020 6.2237 99.71 0.0624 0.0624 0.0124 -0.0116
IBM 2021 6.3341 116.31 0.0545 0.0545 0.0177 0.1665
IBM 2022 6.5900 128.68 0.0512 0.0512 0.0404 0.1064
IBM 2023 6.6300 156.80 0.0423 0.0423 0.0061 0.2185
IBM 2024 6.6700 218.38 0.0305 0.0305 0.0060 0.3927
IBM 2025 1.6700 245.48 0.0068 0.0068 -0.7496 0.1241
ESS 2008 4.0800 44.52 0.0916 0.0916 NA NA
ESS 2009 4.1200 51.45 0.0801 0.0801 0.0098 0.1557
ESS 2010 4.1320 73.11 0.0565 0.0565 0.0029 0.4210
ESS 2011 4.1600 92.89 0.0448 0.0448 0.0068 0.2706
ESS 2012 4.4000 99.86 0.0441 0.0441 0.0577 0.0750
ESS 2013 4.8400 100.93 0.0480 0.0480 0.1000 0.0107
ESS 2014 5.1100 149.39 0.0342 0.0342 0.0558 0.4801
ESS 2015 5.7600 177.58 0.0324 0.0324 0.1272 0.1887
ESS 2016 6.4000 177.43 0.0361 0.0361 0.1111 -0.0008
ESS 2017 7.0000 189.53 0.0369 0.0369 0.0937 0.0682
ESS 2018 7.4400 198.68 0.0374 0.0374 0.0629 0.0483
ESS 2019 7.8000 250.18 0.0312 0.0312 0.0484 0.2592
ESS 2020 8.3120 204.92 0.0406 0.0406 0.0656 -0.1809
ESS 2021 8.3600 312.30 0.0268 0.0268 0.0058 0.5240
ESS 2022 8.8000 194.37 0.0453 0.0453 0.0526 -0.3776
ESS 2023 9.2400 237.09 0.0390 0.0390 0.0500 0.2198
ESS 2024 7.3500 280.61 0.0262 0.0262 -0.2045 0.1836
ESS 2025 5.0200 277.09 0.0181 0.0181 -0.3170 -0.0125
CINF 2008 1.5600 16.26 0.0959 0.0959 NA NA
CINF 2009 1.5700 15.68 0.1001 0.1001 0.0064 -0.0357
CINF 2010 1.5900 19.98 0.0796 0.0796 0.0127 0.2742
CINF 2011 1.6060 20.28 0.0792 0.0792 0.0101 0.0150
CINF 2012 1.6210 27.22 0.0596 0.0596 0.0093 0.3422
CINF 2013 1.6540 37.70 0.0439 0.0439 0.0204 0.3850
CINF 2014 1.7600 38.68 0.0455 0.0455 0.0641 0.0260
CINF 2015 2.3000 46.04 0.0500 0.0500 0.3068 0.1903
CINF 2016 1.9200 60.57 0.0317 0.0317 -0.1652 0.3156
CINF 2017 2.5000 61.98 0.0403 0.0403 0.3021 0.0233
CINF 2018 2.1200 65.86 0.0322 0.0322 -0.1520 0.0626
CINF 2019 2.2400 91.46 0.0245 0.0245 0.0566 0.3887
CINF 2020 2.4000 78.52 0.0306 0.0306 0.0714 -0.1415
CINF 2021 2.5200 104.65 0.0241 0.0241 0.0500 0.3328
CINF 2022 2.7600 96.40 0.0286 0.0286 0.0952 -0.0788
CINF 2023 3.0000 100.25 0.0299 0.0299 0.0870 0.0399
CINF 2024 3.2400 142.84 0.0227 0.0227 0.0800 0.4248
CINF 2025 0.8700 134.05 0.0065 0.0065 -0.7315 -0.0615
GPC 2008 1.5600 23.02 0.0678 0.0678 NA NA
GPC 2009 1.6000 24.22 0.0661 0.0661 0.0256 0.0521
GPC 2010 1.6400 34.03 0.0482 0.0482 0.0250 0.4050
GPC 2011 1.8000 41.94 0.0429 0.0429 0.0976 0.2324
GPC 2012 1.9800 44.99 0.0440 0.0440 0.1000 0.0727
GPC 2013 2.1500 60.53 0.0355 0.0355 0.0859 0.3454
GPC 2014 2.3000 79.54 0.0289 0.0289 0.0698 0.3141
GPC 2015 2.4600 65.91 0.0373 0.0373 0.0696 -0.1714
GPC 2016 2.6320 75.33 0.0349 0.0349 0.0699 0.1429
GPC 2017 2.7000 77.18 0.0350 0.0350 0.0258 0.0246
GPC 2018 2.8800 80.35 0.0358 0.0358 0.0667 0.0411
GPC 2019 3.0520 91.64 0.0333 0.0333 0.0597 0.1405
GPC 2020 3.1600 89.63 0.0353 0.0353 0.0354 -0.0219
GPC 2021 3.2600 128.52 0.0254 0.0254 0.0316 0.4339
GPC 2022 3.5800 162.99 0.0220 0.0220 0.0982 0.2682
GPC 2023 3.8000 133.45 0.0285 0.0285 0.0615 -0.1812
GPC 2024 4.0000 115.81 0.0345 0.0345 0.0526 -0.1322
GPC 2025 1.0300 116.14 0.0089 0.0089 -0.7425 0.0028
ADP 2008 1.0536 23.21 0.0454 0.0454 NA NA
ADP 2009 1.1677 26.16 0.0446 0.0446 0.1083 0.1271
ADP 2010 1.2116 29.20 0.0415 0.0415 0.0376 0.1162
ADP 2011 1.2950 35.09 0.0369 0.0369 0.0688 0.2017
ADP 2012 1.4223 38.08 0.0374 0.0374 0.0983 0.0852
ADP 2013 1.5672 55.44 0.0283 0.0283 0.1019 0.4559
ADP 2014 1.7543 66.72 0.0263 0.0263 0.1194 0.2035
ADP 2015 2.0000 69.46 0.0288 0.0288 0.1401 0.0411
ADP 2016 2.1600 86.33 0.0250 0.0250 0.0800 0.2429
ADP 2017 2.3400 100.61 0.0233 0.0233 0.0833 0.1654
ADP 2018 2.8000 114.96 0.0244 0.0244 0.1966 0.1426
ADP 2019 3.2800 152.55 0.0215 0.0215 0.1714 0.3270
ADP 2020 3.6600 161.49 0.0227 0.0227 0.1159 0.0586
ADP 2021 3.8300 230.29 0.0166 0.0166 0.0464 0.4260
ADP 2022 4.3700 227.32 0.0192 0.0192 0.1410 -0.0129
ADP 2023 5.1500 226.76 0.0227 0.0227 0.1785 -0.0025
ADP 2024 5.7400 291.18 0.0197 0.0197 0.1146 0.2841
ADP 2025 1.5400 293.54 0.0052 0.0052 -0.7317 0.0081
EXPD 2008 0.3200 27.13 0.0118 0.0118 NA NA
EXPD 2009 0.3800 28.69 0.0132 0.0132 0.1875 0.0575
EXPD 2010 0.4000 45.46 0.0088 0.0088 0.0526 0.5845
EXPD 2011 0.5000 34.48 0.0145 0.0145 0.2500 -0.2415
EXPD 2012 0.5600 33.78 0.0166 0.0166 0.1200 -0.0203
EXPD 2013 0.6000 38.35 0.0156 0.0156 0.0714 0.1353
EXPD 2014 0.6400 39.21 0.0163 0.0163 0.0667 0.0224
EXPD 2015 0.7200 40.25 0.0179 0.0179 0.1250 0.0265
EXPD 2016 0.8000 48.01 0.0167 0.0167 0.1111 0.1928
EXPD 2017 0.8400 59.50 0.0141 0.0141 0.0500 0.2393
EXPD 2018 0.9000 63.38 0.0142 0.0142 0.0714 0.0652
EXPD 2019 1.0000 73.63 0.0136 0.0136 0.1111 0.1617
EXPD 2020 1.0400 90.92 0.0114 0.0114 0.0400 0.2348
EXPD 2021 1.1600 129.56 0.0090 0.0090 0.1154 0.4250
EXPD 2022 1.3400 101.47 0.0132 0.0132 0.1552 -0.2168
EXPD 2023 1.3800 125.67 0.0110 0.0110 0.0299 0.2385
EXPD 2024 1.4600 110.77 0.0132 0.0132 0.0580 -0.1186
CB 2008 0.8200 37.28 0.0220 0.0220 NA NA
CB 2009 1.4500 36.58 0.0396 0.0396 0.7683 -0.0188
CB 2010 1.3000 46.25 0.0281 0.0281 -0.1034 0.2644
CB 2011 1.0300 52.96 0.0194 0.0194 -0.2077 0.1451
CB 2012 2.4100 62.26 0.0387 0.0387 1.3398 0.1756
CB 2013 1.5100 82.10 0.0184 0.0184 -0.3734 0.3187
CB 2014 3.2100 93.96 0.0342 0.0342 1.1258 0.1445
CB 2015 2.6600 97.95 0.0272 0.0272 -0.1713 0.0425
CB 2016 2.7400 113.22 0.0242 0.0242 0.0301 0.1559
CB 2017 2.8200 127.74 0.0221 0.0221 0.0292 0.1282
CB 2018 2.9000 115.43 0.0251 0.0251 0.0284 -0.0964
CB 2019 2.9800 141.91 0.0210 0.0210 0.0276 0.2294
CB 2020 3.0900 143.91 0.0215 0.0215 0.0369 0.0141
CB 2021 3.1800 183.99 0.0173 0.0173 0.0291 0.2785
CB 2022 3.2900 213.37 0.0154 0.0154 0.0346 0.1597
CB 2023 3.4100 222.32 0.0153 0.0153 0.0365 0.0419
CB 2024 3.5900 275.43 0.0130 0.0130 0.0528 0.2389
CB 2025 0.9100 284.49 0.0032 0.0032 -0.7465 0.0329
AFL 2008 0.4800 15.27 0.0314 0.0314 NA NA
AFL 2009 0.5600 15.95 0.0351 0.0351 0.1667 0.0445
AFL 2010 0.5700 19.92 0.0286 0.0286 0.0179 0.2489
AFL 2011 0.6150 15.68 0.0392 0.0392 0.0789 -0.2129
AFL 2012 0.6700 19.81 0.0338 0.0338 0.0894 0.2634
AFL 2013 0.7100 25.54 0.0278 0.0278 0.0597 0.2892
AFL 2014 0.7500 23.94 0.0313 0.0313 0.0563 -0.0626
AFL 2015 0.7900 24.07 0.0328 0.0328 0.0533 0.0054
AFL 2016 0.8300 28.66 0.0290 0.0290 0.0506 0.1907
AFL 2017 0.8700 36.98 0.0235 0.0235 0.0482 0.2903
AFL 2018 1.0400 39.28 0.0265 0.0265 0.1954 0.0622
AFL 2019 1.0800 46.56 0.0232 0.0232 0.0385 0.1853
AFL 2020 1.1200 40.23 0.0278 0.0278 0.0370 -0.1360
AFL 2021 1.3200 54.13 0.0244 0.0244 0.1786 0.3455
AFL 2022 1.6000 68.43 0.0234 0.0234 0.2121 0.2642
AFL 2023 1.6800 80.31 0.0209 0.0209 0.0500 0.1736
AFL 2024 2.0000 102.86 0.0194 0.0194 0.1905 0.2808
AFL 2025 0.5800 108.43 0.0053 0.0053 -0.7100 0.0542
DOV 2008 0.6033 16.03 0.0376 0.0376 NA NA
DOV 2009 0.6837 20.90 0.0327 0.0327 0.1333 0.3038
DOV 2010 0.7173 30.04 0.0239 0.0239 0.0491 0.4373
DOV 2011 0.7910 30.46 0.0260 0.0260 0.1027 0.0140
DOV 2012 0.8915 35.24 0.0253 0.0253 0.1271 0.1569
DOV 2013 0.9720 52.71 0.0184 0.0184 0.0903 0.4957
DOV 2014 1.2520 48.05 0.0261 0.0261 0.2881 -0.0884
DOV 2015 1.3247 42.08 0.0315 0.0315 0.0581 -0.1242
DOV 2016 1.3893 52.76 0.0263 0.0263 0.0488 0.2538
DOV 2017 1.4701 72.64 0.0202 0.0202 0.0582 0.3768
DOV 2018 1.8096 64.57 0.0280 0.0280 0.2309 -0.1111
DOV 2019 1.9400 107.06 0.0181 0.0181 0.0721 0.6580
DOV 2020 1.9700 119.40 0.0165 0.0165 0.0155 0.1153
DOV 2021 1.9900 174.01 0.0114 0.0114 0.0102 0.4574
DOV 2022 2.0100 131.66 0.0153 0.0153 0.0101 -0.2434
DOV 2023 2.0300 151.69 0.0134 0.0134 0.0100 0.1521
DOV 2024 2.0500 187.11 0.0110 0.0110 0.0099 0.2335
DOV 2025 0.5150 166.35 0.0031 0.0031 -0.7488 -0.1110
SPGI 2008 0.8800 17.31 0.0508 0.0508 NA NA
SPGI 2009 0.9000 25.85 0.0348 0.0348 0.0227 0.4934
SPGI 2010 0.9400 28.95 0.0325 0.0325 0.0444 0.1199
SPGI 2011 1.0000 36.65 0.0273 0.0273 0.0638 0.2660
SPGI 2012 3.5200 47.68 0.0738 0.0738 2.5200 0.3010
SPGI 2013 1.1200 69.57 0.0161 0.0161 -0.6818 0.4591
SPGI 2014 1.2000 80.32 0.0149 0.0149 0.0714 0.1545
SPGI 2015 1.3200 90.16 0.0146 0.0146 0.1000 0.1225
SPGI 2016 1.4400 99.67 0.0144 0.0144 0.0909 0.1055
SPGI 2017 1.6400 158.80 0.0103 0.0103 0.1389 0.5933
SPGI 2018 2.0000 160.98 0.0124 0.0124 0.2195 0.0137
SPGI 2019 2.2800 261.22 0.0087 0.0087 0.1400 0.6227
SPGI 2020 2.6800 317.11 0.0085 0.0085 0.1754 0.2140
SPGI 2021 3.0800 458.81 0.0067 0.0067 0.1493 0.4468
SPGI 2022 3.3200 328.57 0.0101 0.0101 0.0779 -0.2839
SPGI 2023 3.6000 436.33 0.0083 0.0083 0.0843 0.3280
SPGI 2024 3.6400 497.13 0.0073 0.0073 0.0111 0.1393
SPGI 2025 0.9600 470.23 0.0020 0.0020 -0.7363 -0.0541
GWW 2008 1.5500 59.88 0.0259 0.0259 NA NA
GWW 2009 1.7800 75.11 0.0237 0.0237 0.1484 0.2543
GWW 2010 2.0800 109.14 0.0191 0.0191 0.1685 0.4531
GWW 2011 2.5200 150.42 0.0168 0.0168 0.2115 0.3782
GWW 2012 3.0600 165.09 0.0185 0.0185 0.2143 0.0975
GWW 2013 3.5900 211.39 0.0170 0.0170 0.1732 0.2805
GWW 2014 4.1700 214.61 0.0194 0.0194 0.1616 0.0152
GWW 2015 4.5900 174.02 0.0264 0.0264 0.1007 -0.1891
GWW 2016 4.8300 204.08 0.0237 0.0237 0.0523 0.1727
GWW 2017 5.0600 212.95 0.0238 0.0238 0.0476 0.0435
GWW 2018 5.3600 259.13 0.0207 0.0207 0.0593 0.2169
GWW 2019 5.6800 316.78 0.0179 0.0179 0.0597 0.2225
GWW 2020 5.9400 389.16 0.0153 0.0153 0.0458 0.2285
GWW 2021 6.3900 501.23 0.0127 0.0127 0.0758 0.2880
GWW 2022 6.7800 545.07 0.0124 0.0124 0.0610 0.0875
GWW 2023 7.3000 820.52 0.0089 0.0089 0.0767 0.5053
GWW 2024 8.0100 1051.96 0.0076 0.0076 0.0973 0.2821
GWW 2025 2.0500 992.32 0.0021 0.0021 -0.7441 -0.0567
BRO 2008 0.1425 8.70 0.0164 0.0164 NA NA
BRO 2009 0.1515 7.60 0.0199 0.0199 0.0632 -0.1264
BRO 2010 0.1570 10.28 0.0153 0.0153 0.0363 0.3526
BRO 2011 0.1625 9.86 0.0165 0.0165 0.0350 -0.0409
BRO 2012 0.1725 11.24 0.0153 0.0153 0.0615 0.1400
BRO 2013 0.1850 14.03 0.0132 0.0132 0.0725 0.2482
BRO 2014 0.2050 14.91 0.0137 0.0137 0.1081 0.0627
BRO 2015 0.2265 14.74 0.0154 0.0154 0.1049 -0.0114
BRO 2016 0.2520 20.91 0.0121 0.0121 0.1126 0.4186
BRO 2017 0.2775 24.29 0.0114 0.0114 0.1012 0.1616
BRO 2018 0.3050 26.30 0.0116 0.0116 0.0991 0.0828
BRO 2019 0.3250 38.05 0.0085 0.0085 0.0656 0.4468
BRO 2020 0.3480 46.07 0.0076 0.0076 0.0708 0.2108
BRO 2021 0.3820 68.79 0.0056 0.0056 0.0977 0.4932
BRO 2022 0.4240 56.14 0.0076 0.0076 0.1099 -0.1839
BRO 2023 0.4750 70.59 0.0067 0.0067 0.1203 0.2574
BRO 2024 0.5400 101.88 0.0053 0.0053 0.1368 0.4433
BRO 2025 0.1500 118.20 0.0013 0.0013 -0.7222 0.1602