The bull market turns 5
| U.S. equities hit bottom five years ago, marking the beginning of the current bull market. |
| Still climbing:Â Although it has stumbled in 2014 through mid-March, the broadest measure of the U.S. stock market has returned 188% since its nadir during the financial crisis. |
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| Risk-adjusted returns:Â Consumer discretionary and consumer staples stocks have fared the best during the current bull market. Sharpe ratios of large-cap stocks have outpaced those of small caps. |
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| A long run:Â The current runup ranks sixth in terms of length to date among all U.S. equity bull markets, as measured by the S&P 500. |
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| Lofty valuations:Â As of Dec. 31, the spread between the Wilshire 5000 market cap and U.S. GDP was at its highest level since the third quarter of 2000. |
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| Sources: Bloomberg LP; S&P Capital IQ; Wilshire Associates; Bureau of Economic Analysis |
| Compiled and designed by Timothy Pollard and Gregg A. Runburg |
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