Subject: Re: ROE_Cash & YEY Blend
To Ray's point... pre-2014 (the halcyon period for YEY - yes, cherrypicked end date)

	     Avg CAGR	Min	Max	SD
19971231	5.6	0.7	9.5	2.2
19981231	34.3	21.0	45.0	7.9
19991231	0.6	-7.1	8.7	4.4
20001229	34.4	19.9	48.5	8.0
20011231	29.0	23.3	36.2	3.4
20021231	12.7	7.3	20.1	3.7
20031231	61.3	54.6	71.1	4.5
20041231	28.2	21.5	38.5	4.7
20051230	13.6	7.5	18.0	2.7
20061229	26.7	22.4	30.4	2.4
20071231	56.1	46.7	68.6	5.0
20081231	-24.5	-32.2	-13.2	4.7
20091231	35.5	22.8	46.4	5.3
20101231	28.6	23.6	32.4	2.2
20111230	11.4	6.1	17.9	3.3
20121231	29.0	22.8	35.2	3.5
20131231	48.3	39.9	55.2	4.4

And since:

20141231	8.2	4.6	11.9	2.2
20151231	2.4	-1.2	7.1	2.1
20161230	8.5	1.3	17.3	4.3
20171229	16.5	11.0	21.4	3.2
20181231	-3.5	-10.1	1.4	2.7
20191231	23.0	19.9	29.9	2.5
20201231	14.0	5.2	21.4	4.6
20211231	37.2	27.8	48.7	5.3
20221230	-3.1	-12.7	4.2	4.4
20231229	15.9	9.6	21.1	3.8

There was much speculation about "what happened to YEY". One of the impacts was when it started to include MLPs.