Performance of shares and bonds in Switzerland (1926-2016)

In January 1988, Pictet published its first long-term study comparing the performance since the end of 1925 of Swiss equities with that of bonds denominated in Swiss francs.

2017 Study update


Twenty-eight years have now elapsed since the study first appeared. The annual updates of the time series can be seen in the document that is available for download in this page.


The original study from 1988, which is reproduced in an unchanged format as far as its content is concerned, was updated in another document up to the end of 1997. The tables and charts to be found in that document are updated annually and can be obtained from Banque Pictet & Cie SA.