Morningstar, Inc.

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We are a leading provider of independent investment research. Our mission is to empower investor success. http://www.morningstar.com

Line chart comparing the year-to-date performance of the Morningstar US Real Estate Index (blue) and the Morningstar US Market Index (red).
Line chart comparing the year-to-date performance of the Morningstar US Energy Index (blue) and the Morningstar US Market Index (red).
Blue and red line chart depicting the year-to-date performance of real estate stocks (blue) compared to the US Market Index (red).
1-year performance of utilities stocks (blue line) compared to the Morningstar US Market Index (red line).
Year-to-date performance of biotech stocks (blue line) and the Morningstar US Market Index (red line).
Line chart depicting how the Morningstar US Small Cap Index is outperforming both the Morningstar US Large Cap Index and the broad-based Morningstar US Market Index by a healthy margin over the past few months.
Red, yellow, and red line chart depicting the performance of three ETFs in 2025: TCW Durable Growth ETF (blue), Motley Fool Mid-Cap Growth ETF (yellow), and BBH Select Mid Cap ETF (red).
Blue and red line chart depicting the 1-year performance of technology stocks and the broader US stock market.
Blue bar chart displaying quarterly earnings growth from Q1 2024 through Q3 2025.