The WW/OW stock portfolio ranked among the top 28 diversified, stock mutual funds and the top 48 of 11,712 stock mutual funds for the 10-year period ending June 30, 2007. Of the better performing, diversified funds, only 7 reported 10-year results for both 2006 and 2007 through the end of the second quarter.

Chart  indicates that the WW/OW stock portfolio outperformed all the benchmarks in all periods, except the DJIA during the second quarter. The WW/OW portfolio’s relative advantage appeared the greatest over ten years. The WW/OW’s strong one-year performance reflects the strength of large cap stocks and one-shot wonders in the portfolio, like Dow Jones. The WW/OW’s stronger performance over five years occurred during a “peak –to- peak” period in the market. The DJIA reached 10635 high in March 2002 and then fell to a 7256 bottom in October 2002. WW/OW past issues reported the portfolio’s relative strength in peak-to-trough periods. Beginning with results for the third quarter, the WW/OW’s relative stock performance may be tested against the benchmarks during a valley-to-peak period when almost all stocks rise with the general market. As they say, a rising tide raises all boats, except those underwater.

The numbers in the chart above are annualized, percent total return except for the second quarter, which is percent total return. Source: Returns for Dow Jones Industrial Average, S&P 500, Equity Income and All or average diversified fund benchmarks are from Barron’s July 9,2007 and The Wall Street Journal July 3, 2007.