Risk Factors

*Annualized returns up to 11.30.2025
Risk Factors* 6 months 1 year 5 years Full sample
Rm-Rf -1.32% 1.96% -3.82% 0.92%
SMB 58.89% 33.39% 6.94% -1.50%
HML -2.01% 6.86% 16.23% 6.62%
WML 22.34% 1.93% 18.51% 14.76%
IML -18.75% -7.63% 0.37% 0.41%
Risk-Free 15.14 14.04% 10.79% 11.79%