[Verse 1] When measuring how your portfolio performs You need a mirror that truly informs A benchmark's your standard, your measuring stick But choosing the wrong one's a dangerous trick Valid and unbiased, investable too Specified clearly in all that you do [Chorus] VALID benchmarks tell the truth UNBIASED weighs each proof INVESTABLE you can buy SPECIFIED crystal high APPROPRIATE for your style These five traits make benchmarks worthwhile [Verse 2] Broad market indices track the whole scene S&P Five Hundred keeps corporate dreams Style-based benchmarks sort value from growth Factor-based models can measure them both Custom benchmarks when nothing else fits Blend different pieces into perfect hits [Chorus] VALID benchmarks tell the truth UNBIASED weighs each proof INVESTABLE you can buy SPECIFIED crystal high APPROPRIATE for your style These five traits make benchmarks worthwhile [Bridge] Market cap weighted or equal weight spread Price-weighted indices where prices lead When standard benchmarks don't match your game Build custom blends that stake your claim Manager universe comparisons show Where peer performance tends to go [Verse 3] Turnover matters in benchmark selection High turnover costs need close inspection Currency hedged when crossing borders Strategic benchmark gives marching orders Normal portfolio shows typical mix Choose your benchmark before return tricks [Chorus] VALID benchmarks tell the truth UNBIASED weighs each proof INVESTABLE you can buy SPECIFIED crystal high APPROPRIATE for your style These five traits make benchmarks worthwhile [Outro] The right benchmark lights your way Measures progress day by day Choose with care and choose with thought Performance measurement can't be bought
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