SPY TLT Refinement.xlsx

	A	B	C	D	E	F	G	J	K	L
1	MonthYr	Price	SPY	TLT	Day of Month	SPY Ret	TLT Ret
2	7/1/2002	7/30/2002	59.34179306	37.32603073	19			1	0.16%	-0.02%
3	7/1/2002	7/31/2002	59.48537445	37.78850937	20	0.24%	1.23%	2	0.08%	-0.04%
4	8/1/2002	8/1/2002	57.9323082	38.00371552	1	-2.65%	0.57%	3	0.00%	-0.17%
5	8/1/2002	8/2/2002	56.6337738	38.39291	2	-2.27%	1.02%	4	0.03%	0.02%
6	8/1/2002	8/5/2002	54.66309357	38.56227875	3	-3.54%	0.44%	5	0.01%	-0.08%
7	8/1/2002	8/6/2002	56.50325775	38.23263168	4	3.31%	-0.86%	6	0.02%	-0.04%
8	8/1/2002	8/7/2002	57.48861694	38.3241806	5	1.73%	0.24%	7	0.04%	-0.07%
9	8/1/2002	8/8/2002	59.34833527	38.3241806	6	3.18%	0.00%	8	-0.01%	0.00%
10	8/1/2002	8/9/2002	59.57019806	38.86449814	7	0.37%	1.40%	9	0.10%	0.01%
11	8/1/2002	8/12/2002	59.13299561	39.10261536	8	-0.74%	0.61%	10	0.07%	0.03%
12	8/1/2002	8/13/2002	58.05632782	39.58336639	9	-1.84%	1.22%	11	0.13%	0.04%
13	8/1/2002	8/14/2002	60.17708206	39.73446655	10	3.59%	0.38%	12	0.11%	0.07%
14	8/1/2002	8/15/2002	61.01230621	39.38652039	11	1.38%	-0.88%	13	-0.09%	-0.01%
15	8/1/2002	8/16/2002	60.8296051	38.94694519	12	-0.30%	-1.12%	14	-0.13%	0.06%
16	8/1/2002	8/19/2002	62.25214005	39.06599045	13	2.31%	0.31%	15	0.06%	0.06%
17	8/1/2002	8/20/2002	61.5930481	39.50098038	14	-1.06%	1.11%	16	0.02%	0.06%
18	8/1/2002	8/21/2002	62.48052216	39.29032898	15	1.43%	-0.53%	17	0.02%	0.09%
19	8/1/2002	8/22/2002	63.0873642	38.94694519	16	0.97%	-0.88%	18	0.05%	-0.08%
20	8/1/2002	8/23/2002	61.73009109	39.33155441	17	-2.17%	0.98%	19	0.08%	0.13%
21	8/1/2002	8/26/2002	62.16078186	39.36818695	18	0.70%	0.09%	20	0.05%	0.12%
22	8/1/2002	8/27/2002	61.44297028	39.12095642	19	-1.16%	-0.63%	21	0.12%	0.14%
23	8/1/2002	8/28/2002	60.09873199	39.31783295	20	-2.21%	0.50%	22	-0.07%	0.16%
24	8/1/2002	8/29/2002	60.12485123	39.63371658	21	0.04%	0.80%	23	0.09%	0.12%
25	8/1/2002	8/30/2002	59.88997269	39.87182999	22	-0.39%	0.60%
26	9/1/2002	9/3/2002	57.60605621	40.4848175	1	-3.89%	1.53%
27	9/1/2002	9/4/2002	58.42825317	40.47560883	2	1.42%	-0.02%
28	9/1/2002	9/5/2002	57.9323082	40.69632339	3	-0.85%	0.54%
29	9/1/2002	9/6/2002	58.7284317	40.21808243	4	1.36%	-1.18%
30	9/1/2002	9/9/2002	59.15908432	40.15832901	5	0.73%	-0.15%
31	9/1/2002	9/10/2002	59.83773422	40.35147476	6	1.14%	0.48%
32	9/1/2002	9/11/2002	59.46580887	40.13991547	7	-0.62%	-0.53%
33	9/1/2002	9/12/2002	58.36951828	40.45261383	8	-1.86%	0.78%
34	9/1/2002	9/13/2002	58.51309586	40.82509613	9	0.25%	0.92%
35	9/1/2002	9/16/2002	58.65662384	40.89407349	10	0.24%	0.17%
36	9/1/2002	9/17/2002	57.312397	40.97223663	11	-2.32%	0.19%
37	9/1/2002	9/18/2002	56.73819351	40.98143768	12	-1.01%	0.02%
38	9/1/2002	9/19/2002	55.26996994	41.25738144	13	-2.62%	0.67%
39	9/1/2002	9/20/2002	55.28830338	41.06417465	14	0.03%	-0.47%
40	9/1/2002	9/23/2002	54.83603668	41.43207169	15	-0.82%	0.89%
41	9/1/2002	9/24/2002	53.95118713	41.69876862	16	-1.63%	0.64%
42	9/1/2002	9/25/2002	55.28830338	41.19300079	17	2.45%	-1.22%
43	9/1/2002	9/26/2002	56.19285583	41.09641266	18	1.62%	-0.23%
44	9/1/2002	9/27/2002	54.23961258	41.40449142	19	-3.54%	0.75%
45	9/1/2002	9/30/2002	53.61035919	41.57005692	20	-1.17%	0.40%
46	10/1/2002	10/1/2002	56.18627167	41.05444717	1	4.69%	-1.25%
47	10/1/2002	10/2/2002	54.50178528	41.28986359	2	-3.04%	0.57%
48	10/1/2002	10/3/2002	53.95118713	41.18829346	3	-1.02%	-0.25%
49	10/1/2002	10/4/2002	52.96141434	41.31753922	4	-1.85%	0.31%
50	10/1/2002	10/7/2002	51.86679459	41.3867836	5	-2.09%	0.17%
51	10/1/2002	10/8/2002	52.6795578	41.4006424	6	1.55%	0.03%
52	10/1/2002	10/9/2002	51.19167328	41.61297989	7	-2.87%	0.51%
53	10/1/2002	10/10/2002	52.84999466	41.28523254	8	3.19%	-0.79%
54	10/1/2002	10/11/2002	55.16379547	40.79595184	9	4.28%	-1.19%
55	10/1/2002	10/14/2002	55.47185898	40.73591995	10	0.56%	-0.15%
56	10/1/2002	10/15/2002	58.13961792	39.77120209	11	4.70%	-2.40%
57	10/1/2002	10/16/2002	56.73035049	39.7896347	12	-2.45%	0.05%
58	10/1/2002	10/17/2002	57.85773468	39.30500793	13	1.97%	-1.23%
59	10/1/2002	10/18/2002	58.10025787	39.40655518	14	0.42%	0.26%
60	10/1/2002	10/21/2002	59.10311508	39.02340317	15	1.71%	-0.98%
61	10/1/2002	10/22/2002	58.67705917	38.91261673	16	-0.72%	-0.28%
62	10/1/2002	10/23/2002	59.12277985	38.92644119	17	0.76%	0.04%
63	10/1/2002	10/24/2002	57.91672134	39.2680397	18	-2.06%	0.87%
64	10/1/2002	10/25/2002	59.12277985	39.41115189	19	2.06%	0.36%
65	10/1/2002	10/28/2002	58.73606491	39.3557663	20	-0.66%	-0.14%
66	10/1/2002	10/29/2002	58.05437469	39.8681488	21	-1.17%	1.29%
67	10/1/2002	10/30/2002	58.61806488	39.85430527	22	0.97%	-0.03%
68	10/1/2002	10/31/2002	58.02157211	40.03429413	23	-1.02%	0.45%
69	11/1/2002	11/1/2002	59.16868591	39.86693192	1	1.96%	-0.42%
70	11/1/2002	11/4/2002	59.73239517	39.69074249	2	0.95%	-0.44%
71	11/1/2002	11/5/2002	60.20429993	39.53769684	3	0.79%	-0.39%
72	11/1/2002	11/6/2002	60.98430252	39.69538498	4	1.29%	0.40%
73	11/1/2002	11/7/2002	59.48984909	40.67834473	5	-2.48%	2.45%
74	11/1/2002	11/8/2002	58.76229858	41.0075531	6	-1.23%	0.81%
75	11/1/2002	11/11/2002	57.85118866	41.23011017	7	-1.56%	0.54%
76	11/1/2002	11/12/2002	58.310009	40.99363708	8	0.79%	-0.58%
77	11/1/2002	11/13/2002	58.3690033	41.08174896	9	0.10%	0.21%
78	11/1/2002	11/14/2002	59.47016525	40.22859955	10	1.87%	-2.10%
79	11/1/2002	11/15/2002	59.90933609	40.39088058	11	0.74%	0.40%
80	11/1/2002	11/18/2002	59.30632782	40.57171631	12	-1.01%	0.45%
81	11/1/2002	11/19/2002	59.22763443	40.72012711	13	-0.13%	0.37%
82	11/1/2002	11/20/2002	60.54513168	40.32131577	14	2.20%	-0.98%
83	11/1/2002	11/21/2002	61.67251205	39.93181229	15	1.84%	-0.97%
84	11/1/2002	11/22/2002	61.23339081	39.89473724	16	-0.71%	-0.09%
85	11/1/2002	11/25/2002	61.27267456	39.82054901	17	0.06%	-0.19%
86	11/1/2002	11/26/2002	60.10596466	40.32131577	18	-1.92%	1.25%
87	11/1/2002	11/27/2002	61.79705429	39.41253662	19	2.77%	-2.28%
88	11/1/2002	11/29/2002	61.60043716	39.66752243	20	-0.32%	0.64%
89	12/1/2002	12/2/2002	61.69874191	39.7043457	1	0.16%	0.09%
90	12/1/2002	12/3/2002	60.87285995	39.76025772	2	-1.35%	0.14%
91	12/1/2002	12/4/2002	60.59757996	39.96518707	3	-0.45%	0.51%
92	12/1/2002	12/5/2002	59.92896652	40.06765747	4	-1.11%	0.26%
93	12/1/2002	12/6/2002	60.3222847	40.13750839	5	0.65%	0.17%
94	12/1/2002	12/9/2002	58.66398621	40.36111069	6	-2.79%	0.56%
95	12/1/2002	12/10/2002	59.45051575	40.46822739	7	1.33%	0.27%
96	12/1/2002	12/11/2002	59.50294113	40.73838425	8	0.09%	0.67%
97	12/1/2002	12/12/2002	59.49639511	40.70116043	9	-0.01%	-0.09%
98	12/1/2002	12/13/2002	58.55913162	40.30521393	10	-1.59%	-0.98%
99	12/1/2002	12/16/2002	60.07321548	40.00247192	11	2.55%	-0.75%
100	12/1/2002	12/17/2002	59.5488205	40.00247192	12	-0.88%	0.00%