S&P 500: $100 in 1877 → $55,613,682.09 in 2023

$

Stock market returns between 1877 and 2023

If you invested $100 in the S&P 500 at the beginning of 1877, you would have about $55,613,682.09 at the end of 2023, assuming you reinvested all dividends. This is a return on investment of 55,613,582.09%, or 9.44% per year.

This lump-sum investment beats inflation during this period for an inflation-adjusted return of about 1,916,340.79% cumulatively, or 6.95% per year.

If you used dollar-cost averaging (monthly) instead of a lump-sum investment, you'd have $56,479,055.63.

The graph below shows the performance of $100 over time if invested in an S&P 500 index fund. The returns assume that all dividends are automatically reinvested.

This chart shows the rate of gains and loss by month, including dividends:

Adjusting stock market return for inflation

The nominal return on investment of $100 is $55,613,582.09, or 55,613,582.09%. This means by 2023 you would have $55,613,682.09 in your pocket.

However, it's important to take into account the effect of inflation when considering an investment and especially a long-term investment. You can convert S&P returns to their real (inflation-adjusted) value using an inflation calculation based on the U.S. Bureau of Labor Statistics Consumer Price Index (CPI).

In the case of the returns described above, the CPI in 1877 was 10.500 and the CPI in 2023 was 304.702.

The ratio between these CPIs describes how relative buying power of a dollar has changed over 146 years.

Adjusted for inflation, the $55,613,682.09 nominal end value of the original $100 investment would have a real return of roughly $1,916,340.79 in 1877 dollars. This means the inflation-adjusted return is 1,916,340.79% as opposed to the original 55,613,582.09%.

For more information on inflation, see our U.S. inflation calculator for 1877.

Full monthly data

The table below shows the full dataset pertaining to a $100 investment, including gains and losses over the 1760-month period between 1877 and 2023.

Note that data shown is the monthly average closing price. Returns include dividends.

YearMonthReturn (%)Amount ($)
18771-5.23%94.77
18772-4.39%90.61
18773-6.54%84.68
187740.75%85.32
18775-6.42%79.84
187765.14%83.94
187777.71%90.41
187786.85%96.61
187792.72%99.23
187710-0.99%98.25
1877110.20%98.45
1877120.49%98.93
18781-1.67%97.28
187822.38%99.60
187833.26%102.84
187840.77%103.63
187852.56%106.29
187862.50%108.95
18787-0.42%108.49
187882.47%111.17
18789-0.70%110.39
1878100.15%110.55
187811-0.14%110.39
1878124.20%115.03
187914.05%119.70
18792-1.21%118.26
187933.71%122.64
187944.92%128.68
187950.91%129.84
187962.42%132.99
187971.14%134.50
187984.08%139.99
1879911.29%155.79
1879105.69%164.66
1879110.13%164.87
1879124.20%171.80
188012.10%175.40
188022.26%179.36
18803-1.93%175.91
18804-7.56%162.61
188050.81%163.93
188064.99%172.11
188073.98%178.97
188080.19%179.31
188093.29%185.21
1880105.64%195.67
1880114.48%204.43
1880126.36%217.44
188110.03%217.51
188121.50%220.78
188130.05%220.88
188144.88%231.65
188151.60%235.35
18816-3.13%227.99
18817-1.98%223.48
188181.21%226.19
18819-1.19%223.49
1881101.07%225.88
188111-2.48%220.27
188112-1.05%217.95
18821-1.75%214.14
188220.29%214.76
188230.46%215.75
18824-0.75%214.13
18825-0.06%214.01
188266.10%227.07
188273.44%234.89
188281.40%238.19
18829-2.30%232.71
188210-3.84%223.77
1882110.98%225.95
188212-0.06%225.82
18831-1.78%221.81
188321.70%225.59
188332.55%231.35
18834-1.24%228.47
188351.33%231.52
18836-1.08%229.02
18837-4.06%219.71
188381.59%223.22
18839-2.22%218.26
1883102.00%222.62
188311-1.70%218.84
188312-2.48%213.41
188413.23%220.31
188420.14%220.61
18843-4.02%211.75
18844-7.57%195.72
18845-3.51%188.85
188460.60%189.98
188476.87%203.03
18848-2.61%197.74
18849-2.70%192.41
188410-1.44%189.64
1884110.37%190.33
188412-1.71%187.08
188513.66%193.94
188520.80%195.48
188530.33%196.12
18854-0.60%194.95
188550.08%195.11
188564.25%203.41
188576.11%215.83
18858-0.81%214.09
188596.27%227.51
1885106.93%243.27
188511-0.37%242.37
1885120.38%243.30
188612.30%248.91
18862-1.70%244.67
18863-0.97%242.29
18864-1.57%238.48
188654.97%250.32
188661.89%255.05
188671.11%257.87
188682.96%265.50
188692.88%273.15
1886102.81%280.82
188611-2.27%274.44
188612-0.74%272.42
18871-0.38%271.37
188722.69%278.65
188732.63%285.98
188742.05%291.85
18875-2.55%284.40
18876-2.10%278.42
18877-2.15%272.44
18878-0.92%269.94
18879-2.97%261.92
1887102.32%267.98
188711-0.18%267.51
1887121.15%270.60
18881-0.18%270.12
18882-3.40%260.94
188830.80%263.02
188841.77%267.68
18885-2.71%260.43
188862.99%268.23
188872.53%275.01
188882.85%282.85
18889-0.19%282.30
188810-1.69%277.53
188811-1.54%273.25
1888122.32%279.59
188911.51%283.81
18892-1.72%278.94
188930.17%279.42
188943.07%287.99
188952.05%293.88
18896-1.69%288.92
188971.67%293.76
188982.77%301.89
18899-1.48%297.41
188910-0.58%295.68
188911-0.22%295.04
1889121.47%299.38
18901-0.77%297.06
18902-0.41%295.85
189032.43%303.04
189044.61%317.01
18905-0.39%315.78
18906-0.39%314.56
18907-2.02%308.22
18908-1.32%304.13
18909-4.17%291.46
189010-6.92%271.29
189011-1.95%266.01
1890125.62%280.94
189111.62%285.49
18912-1.46%281.32
189133.71%291.75
18914-0.03%291.65
18915-1.65%286.84
18916-1.27%283.19
189173.74%293.78
189188.49%318.70
189190.34%319.80
189110-1.16%316.10
1891113.40%326.84
1891122.19%333.99
189210.52%335.71
189221.42%340.49
189230.16%341.03
189240.34%342.18
18925-0.20%341.51
189260.35%342.69
189271.79%348.83
18928-2.15%341.35
189292.36%349.42
1892100.00%349.41
189211-0.72%346.89
1892122.18%354.44
18931-1.42%349.39
18932-3.26%337.99
189330.38%339.27
18934-8.47%310.54
18935-4.33%297.09
18936-8.88%270.69
18937-1.90%265.54
189387.61%285.76
189393.45%295.61
1893102.02%301.56
189311-3.05%292.38
189312-1.57%287.79
189411.86%293.16
189423.43%303.21
189431.77%308.59
18944-3.29%298.45
18945-0.92%295.69
18946-1.63%290.87
189474.21%303.11
189482.01%309.20
18949-2.72%300.80
1894100.42%302.06
189411-0.51%300.51
189412-0.76%298.24
18951-1.00%295.25
189520.41%296.46
189534.70%310.40
189545.88%328.65
189552.32%336.27
189560.78%338.89
189571.83%345.11
189580.97%348.45
18959-1.12%344.56
189510-3.03%334.12
189511-5.53%315.63
189512-0.79%313.14
189614.58%327.49
18962-1.22%323.50
189631.27%327.60
18964-0.10%327.27
18965-1.47%322.48
18966-6.12%302.73
18967-5.31%286.64
189685.65%302.84
189692.62%310.78
1896107.20%333.15
189611-3.31%322.13
1896120.36%323.28
18971-0.59%321.36
189720.60%323.28
18973-2.74%314.41
189740.86%317.12
189755.02%333.05
189764.80%349.04
189776.84%372.91
189785.16%392.15
18979-2.91%380.73
189710-3.22%368.49
1897112.47%377.60
1897123.05%389.13
189810.11%389.54
18982-4.20%373.16
18983-1.39%367.98
189846.90%393.39
189854.22%410.00
189860.71%412.91
189874.05%429.65
189880.12%430.15
18989-1.78%422.48
1898103.62%437.77
1898116.51%466.28
1898127.91%503.15
189914.06%523.57
189921.69%532.43
189931.51%540.49
18994-3.91%519.38
18995-1.98%509.09
189963.74%528.14
189972.82%543.04
18998-0.82%538.59
18999-0.20%537.51
1899102.17%549.16
189911-6.54%513.24
1899121.62%521.55
190012.10%532.50
190021.11%538.40
190031.59%546.95
19004-4.42%522.79
19005-2.64%509.00
190060.36%510.84
190071.74%519.72
19008-1.98%509.44
190094.02%529.92
1900108.22%573.45
1900116.39%610.12
1900123.28%630.11
190112.90%648.39
190123.93%673.90
190138.73%732.71
19014-4.72%698.11
1901510.29%769.97
19016-6.40%720.68
190171.71%733.03
19018-0.17%731.77
19019-0.80%725.94
1901102.48%743.96
190111-1.28%734.43
1901122.47%752.60
190211.19%761.57
190220.45%764.99
190233.74%793.62
190240.08%794.27
19025-0.27%792.11
190262.58%812.56
190272.99%836.85
190280.53%841.33
19029-2.86%817.30
190210-3.53%788.44
190211-1.97%772.89
1902125.43%814.89
19031-0.26%812.74
19032-3.59%783.53
19033-3.74%754.24
19034-1.57%742.37
19035-5.16%704.10
19036-4.20%674.52
19037-2.80%655.66
19038-1.98%642.66
19039-2.80%624.66
1903100.78%629.54
1903115.08%661.52
1903122.12%675.53
19041-2.26%660.25
190420.13%661.12
190432.91%680.34
19044-1.69%668.87
190450.58%672.76
190464.57%703.50
190473.79%730.19
190484.81%765.29
190496.24%813.03
1904105.76%859.86
1904111.30%871.03
1904122.49%892.76
190514.70%934.70
190523.14%964.02
19053-0.93%955.10
19054-4.63%910.91
190551.49%924.47
190563.45%956.36
190574.02%994.83
190580.62%1,000.99
190591.70%1,018.03
190510-0.24%1,015.55
1905112.76%1,043.62
1905123.75%1,082.73
19061-0.43%1,078.12
19062-2.16%1,054.85
19063-1.06%1,043.70
19064-2.34%1,019.29
190651.63%1,035.94
19066-2.25%1,012.59
190677.74%1,090.93
190683.41%1,128.09
19069-2.67%1,097.93
1906102.39%1,124.15
190611-0.58%1,117.68
190612-2.51%1,089.66
19071-2.79%1,059.30
19072-9.46%959.08
190730.89%967.59
19074-3.05%938.12
19075-2.78%912.03
190764.27%951.00
19077-7.06%883.86
19078-0.59%878.64
19079-10.39%787.34
190710-5.33%745.37
1907115.70%787.88
1907124.82%825.85
19081-3.12%800.10
190824.64%837.21
190835.91%886.66
190845.88%938.78
190850.59%944.35
190864.12%983.29
190874.73%1,029.81
19088-0.67%1,022.88
190891.64%1,039.68
1908107.18%1,114.34
1908112.65%1,143.82
1908120.70%1,151.85
19091-2.50%1,123.06
190921.75%1,142.70
190934.87%1,198.32
190943.70%1,242.61
190952.13%1,269.03
190961.79%1,291.69
190972.77%1,327.46
190980.45%1,333.40
190990.74%1,343.32
190910-0.14%1,341.50
1909111.54%1,362.11
190912-1.78%1,337.86
19101-3.21%1,294.98
191022.85%1,331.89
19103-2.04%1,304.78
19104-1.26%1,288.34
19105-4.42%1,231.43
19106-4.64%1,174.31
191072.87%1,208.04
191081.11%1,221.46
191095.03%1,282.95
1910100.31%1,286.91
191011-2.37%1,256.35
1910122.86%1,292.33
191112.15%1,320.10
19112-0.75%1,310.18
19113-0.01%1,310.07
191142.58%1,343.83
191152.42%1,376.31
19116-0.01%1,376.20
19117-4.37%1,316.06
19118-5.03%1,249.92
191191.03%1,262.77
1911104.46%1,319.13
1911110.87%1,330.64
1911120.54%1,337.82
19121-0.45%1,331.84
191223.31%1,375.94
191233.54%1,424.67
191240.31%1,429.05
191250.41%1,434.94
191260.52%1,442.37
191272.71%1,481.42
191280.91%1,494.97
191290.20%1,497.97
191210-0.71%1,487.29
191211-3.19%1,439.90
191212-0.43%1,433.76
19131-3.12%1,389.05
19132-1.45%1,368.92
191330.34%1,373.58
19134-2.28%1,342.33
19135-4.56%1,281.10
191361.85%1,304.77
191373.16%1,345.99
191381.42%1,365.10
19139-2.70%1,328.29
191310-2.06%1,300.95
1913110.37%1,305.80
1913124.60%1,365.90
191411.79%1,390.31
19142-1.42%1,370.50
19143-1.94%1,343.93
191441.09%1,358.55
19145-0.03%1,358.21
19146-5.07%1,289.29
191470.48%1,295.52
191480.48%1,301.71
191490.47%1,307.85
1914100.47%1,313.95
191411-3.84%1,263.55
1914122.24%1,291.92
19151-0.87%1,280.70
191523.05%1,319.77
191537.99%1,425.29
19154-1.90%1,398.19
191551.58%1,420.24
191560.07%1,421.20
191574.69%1,487.82
191584.14%1,549.39
191595.95%1,641.64
1915103.89%1,705.53
1915110.59%1,715.58
191512-1.20%1,694.92
19161-1.00%1,677.98
191620.08%1,679.37
19163-0.67%1,668.12
191642.64%1,712.15
191651.41%1,736.23
19166-0.95%1,719.77
191671.22%1,740.66
191684.55%1,819.85
191693.55%1,884.51
1916102.75%1,936.41
191611-3.57%1,867.33
191612-1.87%1,832.40
19171-5.15%1,738.11
191723.64%1,801.34
19173-0.97%1,783.80
19174-2.83%1,733.28
191752.61%1,778.51
19176-2.19%1,739.57
19177-2.36%1,698.60
19178-4.17%1,627.69
19179-4.74%1,550.47
191710-7.61%1,432.51
191711-2.61%1,395.19
1917126.88%1,491.11
191813.84%1,548.33
19182-1.27%1,528.70
19183-0.21%1,525.55
191843.94%1,585.68
191850.85%1,599.18
191861.51%1,623.33
191871.62%1,649.62
191880.14%1,651.98
191894.91%1,733.05
1918103.17%1,787.99
191811-1.39%1,763.21
191812-0.03%1,762.66
191910.98%1,780.00
191923.64%1,844.81
191933.90%1,916.76
191947.47%2,059.86
191953.19%2,125.56
191963.75%2,205.38
19197-6.25%2,067.53
191982.09%2,110.71
191995.60%2,229.02
191910-2.48%2,173.64
191911-2.45%2,120.29
191912-0.51%2,109.39
19201-7.77%1,945.52
192027.58%2,092.97
19203-0.30%2,086.63
19204-5.77%1,966.19
19205-1.20%1,942.65
192060.42%1,950.82
19207-3.37%1,885.02
192084.12%1,962.67
192090.67%1,975.87
192010-4.53%1,886.29
192011-8.39%1,728.09
1920125.03%1,815.00
19211-0.11%1,812.99
19212-1.96%1,777.51
192131.04%1,795.97
192143.63%1,861.23
19215-7.43%1,722.89
192160.31%1,728.26
19217-0.61%1,717.69
192183.10%1,770.88
192191.96%1,805.54
1921105.96%1,913.07
1921114.09%1,991.29
1921120.39%1,999.01
192212.72%2,053.42
192224.28%2,141.23
192236.58%2,282.15
192244.38%2,382.14
19225-0.47%2,370.99
192261.19%2,399.17
192274.24%2,500.88
192283.07%2,577.66
192292.67%2,646.36
192210-4.52%2,526.85
1922110.25%2,533.21
1922121.85%2,580.09
192314.75%2,702.61
192322.08%2,758.75
19233-3.04%2,674.77
19234-4.25%2,561.03
19235-3.31%2,476.31
19236-2.84%2,406.04
192371.04%2,430.96
192381.16%2,459.05
19239-0.94%2,436.05
1923103.54%2,522.17
1923113.92%2,620.99
1923123.79%2,720.37
192410.95%2,746.34
19242-1.42%2,707.46
19243-1.79%2,659.10
192440.17%2,663.70
192452.42%2,728.13
192465.16%2,868.80
192473.93%2,981.63
19248-0.48%2,967.35
19249-0.81%2,943.43
1924106.08%3,122.53
1924115.87%3,305.77
1924124.58%3,457.34
192511.29%3,501.84
19252-2.19%3,425.22
19253-0.61%3,404.41
192543.67%3,529.33
192552.24%3,608.36
192563.22%3,724.60
192571.79%3,791.12
192582.74%3,895.12
192593.73%4,040.29
1925103.53%4,182.77
1925112.04%4,267.94
1925121.93%4,350.15
192610.56%4,374.44
19262-6.38%4,095.21
19263-2.35%3,998.77
192641.15%4,044.92
192655.22%4,255.96
192664.66%4,454.08
192674.39%4,649.74
192681.94%4,740.12
19269-1.83%4,653.15
1926101.74%4,734.01
1926112.71%4,862.10
192612-0.24%4,850.38
192712.37%4,965.51
192721.97%5,063.15
192732.88%5,208.86
192743.87%5,410.37
192751.70%5,502.49
192762.62%5,646.92
192775.73%5,970.22
192786.06%6,332.21
19279-1.17%6,258.38
1927102.66%6,424.62
1927112.72%6,599.21
1927120.77%6,649.92
19281-0.83%6,594.81
192825.75%6,973.77
192836.66%7,438.37
192843.44%7,693.88
19285-4.57%7,342.63
192861.09%7,422.74
192873.59%7,689.30
192887.37%8,256.32
192892.36%8,451.00
1928107.08%9,049.50
1928110.70%9,112.40
1928127.69%9,813.38
192910.81%9,892.98
192922.05%10,095.87
19293-0.30%10,065.43
192941.80%10,246.26
192952.20%10,471.87
192969.20%11,435.30
192975.96%12,116.55
192984.24%12,630.79
19299-10.32%11,326.69
192910-26.19%8,360.13
1929114.37%8,725.73
1929121.83%8,885.09
193016.64%9,474.80
193024.12%9,865.36
193036.69%10,525.13
19304-5.65%9,930.29
19305-9.77%8,960.15
19306-1.76%8,802.45
19307-0.90%8,723.59
193080.34%8,753.55
19309-13.37%7,583.09
193010-6.80%7,067.48
193011-6.19%6,630.16
1930123.56%6,865.98
193118.14%7,424.78
193122.38%7,601.53
19313-9.08%6,911.33
19314-9.16%6,278.26
19315-2.68%6,110.07
193163.86%6,345.75
19317-2.49%6,188.05
19318-14.37%5,298.92
19319-12.75%4,623.30
1931102.05%4,718.28
193111-18.10%3,864.28
193112-0.85%3,831.47
19321-0.05%3,829.67
193221.14%3,873.36
19323-23.22%2,973.80
19324-11.31%2,637.33
19325-12.39%2,310.52
193266.18%2,453.41
1932751.35%3,713.31
1932810.37%4,098.23
19329-13.22%3,556.60
193210-0.34%3,544.66
193211-2.64%3,451.09
1932124.57%3,608.80
19331-11.27%3,202.24
193320.33%3,212.91
1933311.24%3,574.13
1933429.32%4,621.98
1933517.58%5,434.65
193368.46%5,894.52
19337-4.64%5,620.92
19338-0.48%5,593.70
19339-9.38%5,069.18
1933102.80%5,211.17
1933112.32%5,332.17
1933126.08%5,656.63
193417.75%6,094.95
19342-4.80%5,802.49
193432.02%5,919.66
19344-9.83%5,337.96
193451.70%5,428.84
19346-4.36%5,192.40
19347-3.51%5,009.89
19348-2.01%4,909.27
193491.21%4,968.59
1934103.21%5,128.11
1934111.06%5,182.42
1934120.40%5,203.41
19351-2.62%5,067.14
19352-5.93%4,766.67
193537.94%5,145.00
193548.27%5,570.27
193554.17%5,802.76
193565.60%6,127.69
193577.10%6,563.05
193582.43%6,722.75
193592.99%6,923.48
1935109.71%7,595.79
1935110.29%7,618.12
1935125.82%8,061.64
193616.03%8,547.91
193622.41%8,754.02
193630.41%8,790.35
19364-5.02%8,349.09
193654.57%8,730.96
193666.23%9,275.29
193672.30%9,488.39
193681.44%9,625.41
193695.55%10,159.65
1936103.10%10,474.78
193611-1.40%10,328.12
1936123.46%10,685.31
193713.30%11,038.15
193720.23%11,063.54
19373-5.62%10,441.26
19374-4.09%10,014.64
19375-3.34%9,680.31
193766.39%10,299.25
193771.44%10,447.22
19378-13.76%9,009.39
19379-14.10%7,739.28
193710-8.27%7,099.59
193711-1.02%7,027.22
1937123.24%7,254.66
19381-1.80%7,123.88
19382-6.02%6,695.13
19383-3.44%6,464.60
193841.56%6,565.19
193852.93%6,757.78
1938620.49%8,142.21
193871.06%8,228.32
19388-4.08%7,892.25
1938911.62%8,809.10
1938100.47%8,850.13
193811-2.55%8,624.42
193812-1.16%8,524.18
19391-0.46%8,485.15
193920.27%8,507.77
19393-12.24%7,466.33
193944.10%7,772.16
193952.17%7,940.96
193962.84%8,166.17
19397-1.07%8,079.00
1939811.06%8,972.19
193991.38%9,096.32
193910-1.41%8,968.22
193911-1.97%8,791.26
193912-0.15%8,778.23
19401-0.23%8,758.21
19402-0.15%8,745.47
194031.42%8,869.63
19404-13.34%7,686.33
19405-8.09%7,064.17
194063.87%7,337.50
194072.65%7,531.94
194084.76%7,890.28
194091.47%8,005.95
1940102.85%8,234.14
194011-3.59%7,938.55
1940120.72%7,995.72
19411-5.72%7,538.04
194121.18%7,626.75
19413-2.55%7,432.57
19414-1.59%7,314.56
194154.11%7,614.91
194165.71%8,049.88
194170.08%8,055.99
194180.86%8,125.47
19419-3.43%7,846.42
194110-4.08%7,526.02
194111-5.88%7,083.37
1941122.62%7,268.67
19421-2.48%7,088.47
19422-4.76%6,750.89
19423-3.45%6,517.75
194241.87%6,639.68
194255.75%7,021.34
194264.38%7,329.00
194270.05%7,332.30
194281.66%7,454.17
194297.97%8,048.16
1942102.15%8,221.58
1942111.06%8,308.40
1942126.50%8,848.77
194316.43%9,418.08
194324.01%9,796.18
194333.79%10,167.11
194344.36%10,610.74
194352.18%10,842.02
194362.47%11,110.09
19437-4.54%10,605.81
194382.55%10,876.58
19439-0.50%10,822.15
194310-4.21%10,366.92
1943111.77%10,550.43
1943123.67%10,937.19
19441-0.24%10,910.52
194423.24%11,264.06
19443-1.31%11,116.67
194442.20%11,361.58
194455.14%11,945.83
194463.02%12,306.46
19447-1.06%12,176.56
19448-1.23%12,027.38
194492.88%12,374.20
194410-0.28%12,339.05
1944112.60%12,659.88
1944123.38%13,088.32
194513.73%13,576.94
194520.31%13,619.68
194532.90%14,014.85
194544.16%14,597.98
194552.19%14,917.29
19456-1.70%14,664.39
194570.71%14,768.01
194587.18%15,828.28
194594.51%16,542.76
1945103.61%17,139.30
1945112.02%17,486.31
1945124.30%18,238.03
194610.59%18,344.86
19462-2.68%17,853.61
194636.77%19,062.18
194640.52%19,160.93
19465-0.34%19,096.04
19466-2.55%18,609.56
19467-1.62%18,307.42
19468-14.42%15,667.04
19469-1.87%15,373.73
194610-0.01%15,371.71
1946113.39%15,893.46
1946120.92%16,039.65
194714.27%16,724.52
19472-3.67%16,110.28
19473-3.30%15,578.94
19474-1.36%15,366.72
194753.92%15,969.19
194766.69%17,038.11
19477-1.56%16,772.51
19478-2.17%16,409.07
194793.03%16,905.74
194710-0.73%16,782.33
194711-1.12%16,593.97
194712-0.86%16,450.44
19481-4.45%15,718.63
194821.92%16,020.25
194838.19%17,331.93
194845.33%18,255.73
194854.59%19,093.16
19486-1.96%18,719.51
19487-2.49%18,253.68
19488-0.68%18,129.94
194893.19%18,708.00
194810-5.10%17,753.73
194811-0.16%17,725.67
1948121.63%18,014.48
19491-3.33%17,415.04
194921.49%17,674.77
194930.41%17,747.87
19494-0.18%17,715.42
19495-4.91%16,845.10
194966.26%17,900.18
194974.17%18,646.69
194981.87%18,995.62
194993.14%19,592.42
1949101.95%19,973.97
1949113.24%20,621.44
1949122.63%21,163.79
195012.52%21,697.69
195021.38%21,996.07
195033.39%22,740.89
195043.91%23,631.07
195052.16%24,142.60
19506-6.72%22,519.35
195076.64%24,014.09
195084.11%25,000.75
195094.72%26,181.12
1950100.38%26,279.57
1950110.19%26,330.74
1950128.01%28,440.53
195114.31%29,665.97
19512-1.11%29,335.97
195131.93%29,901.08
195140.63%30,089.03
19515-1.15%29,744.49
195162.37%30,448.42
195174.97%31,960.27
195183.14%32,962.47
195190.03%32,971.83
195110-2.25%32,228.85
1951113.61%33,393.34
1951123.83%34,673.59
19521-1.33%34,211.72
195220.75%34,468.21
195230.20%34,538.18
195240.46%34,697.00
195253.24%35,822.86
195263.37%37,028.95
195270.88%37,355.00
19528-1.11%36,940.85
19529-1.61%36,345.79
1952103.67%37,678.75
1952114.51%39,377.70
1952120.99%39,767.09
19531-0.77%39,459.50
195320.96%39,837.16
19533-4.47%38,055.29
195341.00%38,436.89
19535-3.11%37,242.40
195361.91%37,955.11
195370.90%38,296.27
19538-4.11%36,723.49
195393.52%38,014.94
1953102.71%39,044.48
1953111.84%39,761.62
1953123.02%40,963.97
195412.68%42,060.30
195422.58%43,146.47
195434.45%45,066.71
195444.42%47,059.79
195451.22%47,635.37
195464.46%49,758.62
195472.39%50,949.97
195482.74%52,345.90
195492.71%53,764.82
1954104.30%56,077.88
1954114.95%58,855.59
1954122.17%60,131.89
195513.70%62,359.63
19552-0.44%62,087.48
195533.81%64,451.91
19554-0.08%64,401.18
195556.15%68,358.69
195567.64%73,584.11
19557-0.30%73,363.87
195584.82%76,897.38
19559-4.72%73,264.10
1955107.07%78,441.05
1955111.24%79,411.50
195512-2.39%77,515.33
195610.95%78,251.27
195627.21%83,890.13
195631.48%85,134.03
19564-2.84%82,717.52
19565-0.26%82,500.78
195665.75%87,243.64
19567-0.28%86,995.24
19568-3.09%84,308.09
19569-0.95%83,504.13
195610-0.71%82,909.19
1956111.81%84,408.98
195612-1.86%82,836.76
19571-4.00%79,526.80
195721.62%80,815.56
195732.64%82,952.34
195744.16%86,403.32
195751.95%88,091.80
195762.32%90,137.39
19577-5.21%85,445.64
19578-3.74%82,250.44
19579-5.90%77,400.44
195710-1.80%76,006.90
1957110.32%76,248.64
1957122.33%78,024.24
195810.70%78,571.88
195822.42%80,472.48
195830.90%81,193.89
195843.56%84,082.64
195852.74%86,382.46
195863.07%89,035.06
195874.05%92,644.80
195882.94%95,372.03
195894.36%99,529.30
1958103.33%102,839.89
1958112.16%105,063.73
1958124.25%109,533.87
19591-1.27%108,148.23
195922.81%111,183.06
195931.94%113,336.05
195941.77%115,336.91
19595-0.61%114,637.66
195964.23%119,484.06
19597-0.32%119,103.49
19598-3.70%114,692.81
195990.18%114,895.52
1959100.67%115,664.29
1959113.46%119,669.89
195912-1.49%117,891.86
19601-3.61%113,636.85
19602-1.08%112,411.69
196031.58%114,192.59
19604-0.62%113,479.41
196053.99%118,005.07
19606-2.20%115,413.54
196071.49%117,134.20
19608-2.72%113,947.26
19609-1.67%112,039.83
1960103.54%116,006.99
1960112.69%119,128.33
1960125.43%125,593.34
196114.37%131,086.94
196123.40%135,540.03
196132.92%139,496.45
196141.26%141,258.79
19615-1.08%139,732.91
19616-0.03%139,693.87
196173.84%145,056.67
19618-0.54%144,270.89
196191.34%146,208.52
1961104.77%153,185.68
1961111.16%154,967.24
196112-3.49%149,563.33
196211.91%152,419.24
196220.34%152,938.97
19623-2.94%148,435.01
19624-7.19%137,769.84
19625-11.41%122,046.52
196262.72%125,362.96
196273.02%129,152.72
19628-0.59%128,386.41
19629-2.86%124,719.28
1962107.20%133,700.14
1962114.62%139,882.13
1962124.15%145,682.63
196311.60%148,007.05
19632-0.11%147,846.77
196334.98%155,206.84
196342.27%158,729.36
196350.22%159,073.22
19636-1.22%157,129.52
196373.03%161,892.34
196382.89%166,576.88
196390.50%167,409.58
196310-0.31%166,896.35
1963112.39%170,890.77
1963123.33%176,581.76
196411.48%179,195.00
196422.07%182,906.20
196431.69%186,003.00
196441.22%188,272.90
19645-0.35%187,612.70
196463.96%195,044.10
19647-1.23%192,653.51
196481.97%196,440.01
196491.97%200,310.25
1964100.94%202,187.05
196411-1.49%199,173.81
1964122.82%204,792.08
196510.98%206,788.92
196520.34%207,482.85
196531.56%210,714.69
196541.73%214,365.53
19655-4.51%204,703.32
196560.10%204,913.94
196572.12%209,255.21
196583.60%216,780.27
196592.50%222,192.90
1965101.08%224,583.64
196511-0.21%224,108.40
1965121.98%228,546.75
19661-0.43%227,563.04
19662-3.86%218,773.79
196633.32%226,039.17
19664-5.01%214,720.08
19665-0.56%213,518.67
196660.02%213,557.95
19667-5.77%201,236.82
19668-3.22%194,747.26
19669-0.56%193,648.08
1966105.32%203,942.53
1966110.72%205,402.35
1966124.13%213,886.06
196713.73%221,864.05
196722.63%227,707.37
196731.99%232,244.37
196742.06%237,023.22
19675-0.99%234,672.35
196761.99%239,348.01
196771.85%243,779.90
196781.65%247,811.80
196790.10%248,053.20
196710-2.88%240,904.97
1967113.11%248,401.29
196712-0.02%248,357.85
19681-4.26%237,785.31
19682-1.56%234,077.69
196837.66%252,012.09
196842.56%258,457.78
196852.94%266,058.23
196860.05%266,188.39
19687-1.93%261,040.52
196883.51%270,196.99
196892.72%277,538.72
1968101.79%282,494.88
1968111.29%286,125.83
196812-3.99%274,723.33
19691-0.24%274,067.95
19692-1.91%268,822.85
196932.27%274,936.57
196943.51%284,596.44
19695-4.97%270,448.24
19696-4.21%259,074.99
19697-0.28%258,340.22
196980.63%259,963.95
196991.35%263,464.15
1969101.00%266,092.11
196911-5.03%252,714.37
196912-0.59%251,225.80
19701-3.20%243,196.40
197022.01%248,090.15
19703-2.75%241,273.39
19704-11.20%214,253.14
19705-0.27%213,674.89
197060.52%214,791.46
197073.26%221,784.60
197086.32%235,804.27
197092.49%241,674.63
1970100.21%242,174.32
1970117.16%259,510.00
1970124.11%270,177.62
197114.15%281,392.88
197122.83%289,361.47
197133.67%299,992.22
19714-1.11%296,668.68
19715-1.60%291,934.28
19716-0.46%290,582.73
19717-1.52%286,174.25
197182.49%293,289.70
19719-1.86%287,823.71
197110-4.37%275,241.43
1971117.16%294,958.62
1971124.42%308,003.29
197212.09%314,431.20
197222.62%322,668.09
197231.26%326,730.15
19724-0.78%324,195.09
197250.52%325,868.24
19726-0.50%324,226.33
197273.78%336,494.03
19728-1.21%332,420.90
197290.42%333,808.52
1972105.25%351,347.51
1972112.31%359,468.97
1972120.99%363,025.42
19731-3.33%350,954.38
19732-1.35%346,232.82
19733-1.63%340,577.78
19734-2.57%331,825.76
19735-1.99%325,223.12
197361.21%329,159.10
19737-1.64%323,775.96
197382.00%330,236.23
197394.24%344,222.80
197310-6.85%320,633.68
197311-6.81%298,813.65
1973121.70%303,894.76
19741-2.47%296,379.87
197424.57%309,938.17
19743-4.82%295,009.57
19744-2.71%287,027.57
197450.46%288,339.95
19746-11.35%255,622.46
19747-3.76%245,998.88
19748-10.01%221,365.56
197492.38%226,627.27
1974103.74%235,110.93
197411-6.09%220,788.37
1974128.63%239,848.53
1975110.81%265,770.23
197524.97%278,988.70
197531.49%283,137.34
197546.71%302,143.32
197552.89%310,889.23
197560.43%312,232.27
19757-7.00%290,387.71
19758-0.85%287,911.63
197594.97%302,224.47
1975102.04%308,394.98
197511-1.18%304,757.04
1975129.55%333,846.96
197614.18%347,795.55
197620.80%350,586.29
197631.10%354,426.78
19764-0.38%353,068.36
197650.90%356,248.03
197662.67%365,743.31
19767-0.56%363,692.88
197682.44%372,559.29
19769-3.11%360,979.34
197610-0.37%359,655.83
1976113.79%373,274.22
197612-0.54%371,268.81
19771-2.37%362,474.92
19772-0.05%362,278.53
19773-1.19%357,954.12
197740.06%358,185.00
197750.90%361,407.84
197761.28%366,042.67
19777-2.08%358,434.03
19778-1.18%354,221.24
19779-2.20%346,435.95
1977100.98%349,834.98
197711-0.08%349,554.62
197712-3.39%337,703.47
19781-0.97%334,421.02
197820.27%335,309.46
197834.83%351,504.89
197845.50%370,852.85
197850.67%373,350.75
19786-0.06%373,118.18
197877.33%400,460.82
197880.40%402,061.42
19789-2.77%390,910.24
197810-5.44%369,653.91
1978111.92%376,761.72
1978124.19%392,530.36
19791-1.06%388,381.49
197922.34%397,474.13
197932.43%407,136.34
19794-1.89%399,429.15
197952.42%409,085.90
197961.42%414,898.38
197975.01%435,702.78
197981.54%442,414.56
19799-3.35%427,582.54
197910-0.32%426,203.87
1979114.40%444,973.87
1979123.31%459,713.46
198014.40%479,921.78
19802-8.78%437,795.08
19803-1.16%432,707.68
198045.04%454,499.44
198056.86%485,690.30
198064.97%509,826.48
198073.50%527,694.29
198082.84%542,658.68
198093.32%560,700.83
1980104.61%586,575.47
198011-1.24%579,273.89
1980120.01%579,331.75
19811-3.07%561,545.24
198124.14%584,811.76
198131.29%592,378.02
19814-1.62%582,797.67
198150.86%587,795.67
19816-2.02%575,944.24
198170.80%580,566.56
19818-8.30%532,363.96
198191.73%541,559.20
1981103.04%558,042.80
1981111.18%564,624.19
198112-4.80%537,498.96
19821-1.91%527,211.79
19822-2.74%512,742.25
198235.47%540,785.73
198240.57%543,866.30
19825-5.27%515,201.18
198260.24%516,457.49
198270.79%520,558.04
1982812.10%583,526.69
198298.88%635,352.03
1982104.50%663,942.34
1982111.36%672,942.07
1982123.93%699,360.11
198312.13%714,256.59
198323.87%741,866.99
198334.20%773,006.03
198344.42%807,203.91
198351.75%821,358.27
198360.71%827,174.57
19837-2.41%807,262.95
198383.31%834,014.30
198390.65%839,418.10
198310-1.14%829,836.79
198311-0.13%828,773.54
1983121.58%841,834.45
19841-5.11%798,798.37
198420.44%802,331.94
198430.51%806,401.37
19844-0.25%804,364.61
19845-1.85%789,497.51
19846-0.91%782,325.33
198479.21%854,350.58
198481.41%866,371.02
19849-0.41%862,798.09
1984101.29%873,892.83
198411-0.71%867,709.54
1984124.70%908,470.79
198515.79%961,047.27
19852-0.48%956,450.41
198531.02%966,251.27
198542.74%992,684.37
198552.51%1,017,610.35
198562.25%1,040,478.30
19857-1.85%1,021,278.24
19858-1.88%1,002,027.21
198591.50%1,017,013.16
1985106.42%1,082,310.65
1985115.29%1,139,613.75
1985120.75%1,148,180.55
198615.70%1,213,595.23
198626.18%1,288,629.04
198632.74%1,323,955.86
198640.49%1,330,467.47
198653.13%1,372,154.21
19866-1.80%1,347,401.74
198672.28%1,378,134.00
19868-2.46%1,344,283.78
19869-0.09%1,343,075.64
1986103.53%1,390,525.82
1986111.71%1,414,289.07
1986126.67%1,508,669.82
198716.46%1,606,158.22
198724.38%1,676,450.28
19873-0.86%1,662,092.99
198740.17%1,664,965.60
198754.50%1,739,863.13
198763.12%1,794,183.35
198776.45%1,909,980.14
19878-3.03%1,852,099.61
19879-11.85%1,632,553.84
198710-12.30%1,431,693.98
198711-1.33%1,412,585.25
1987124.25%1,472,571.28
198813.33%1,521,586.77
198823.23%1,570,765.35
19883-0.89%1,556,847.99
19884-2.19%1,522,780.00
198856.00%1,614,119.38
19886-0.31%1,609,165.32
19887-1.72%1,581,512.05
198881.93%1,611,990.46
198893.80%1,673,272.16
198810-2.02%1,639,467.92
1988112.33%1,677,601.18
1988123.51%1,736,529.58
198913.30%1,793,832.48
19892-0.16%1,790,932.59
198933.56%1,854,775.74
198944.12%1,931,105.36
198953.39%1,996,620.47
198962.80%2,052,529.34
198974.69%2,148,808.42
198980.46%2,158,597.04
198990.29%2,164,776.15
198910-1.81%2,125,516.84
1989112.74%2,183,685.99
198912-2.21%2,135,399.76
19901-2.53%2,081,434.29
199022.71%2,137,782.19
199030.20%2,141,971.94
199043.85%2,224,457.67
199053.17%2,294,972.03
199060.17%2,298,867.13
19907-7.86%2,118,147.97
19908-4.34%2,026,197.88
19909-2.32%1,979,275.82
1990102.98%2,038,333.75
1990114.59%2,131,824.07
199012-0.69%2,117,217.43
1991111.61%2,362,958.09
199123.04%2,434,901.19
199132.26%2,489,901.44
19914-0.18%2,485,447.53
199150.35%2,494,072.31
199160.78%2,513,538.19
199172.68%2,580,874.20
19918-0.30%2,573,051.55
199190.18%2,577,725.39
1991100.02%2,578,132.55
1991110.94%2,602,241.70
1991127.36%2,793,715.32
19921-0.60%2,776,929.39
19922-1.01%2,748,816.37
199230.26%2,756,081.58
199242.07%2,813,087.01
19925-1.33%2,775,697.64
199261.91%2,828,772.68
199270.94%2,855,411.79
199280.38%2,866,210.60
19929-1.18%2,832,330.39
1992102.76%2,910,414.99
1992113.27%3,005,620.48
1992120.14%3,009,915.31
199311.72%3,061,813.70
199322.15%3,127,647.37
19933-1.34%3,085,682.31
199340.72%3,108,045.00
199350.87%3,134,935.26
199360.06%3,136,847.69
199371.76%3,192,133.56
199381.35%3,235,386.07
199391.24%3,275,566.55
1993100.01%3,275,813.68
1993110.89%3,304,876.04
1993121.74%3,362,244.73
19941-0.08%3,359,699.47
19942-1.42%3,311,863.46
19943-3.35%3,201,036.01
199441.06%3,234,910.71
199451.11%3,270,756.53
19946-0.52%3,253,785.39
199473.08%3,354,069.59
199480.82%3,381,487.94
19949-0.44%3,366,473.91
199410-0.37%3,354,021.87
199411-1.03%3,319,619.45
1994122.45%3,400,989.11
199513.82%3,530,876.07
199522.56%3,621,201.89
199533.22%3,737,643.56
199543.35%3,862,770.90
199553.18%3,985,546.05
199563.55%4,126,932.50
199570.51%4,148,108.79
199583.72%4,302,321.55
199590.91%4,341,583.14
1995102.36%4,443,974.40
1995113.39%4,594,586.82
1995120.16%4,602,056.69
199615.90%4,873,780.23
19962-0.20%4,863,998.69
199630.20%4,873,582.82
199642.35%4,988,347.19
199651.28%5,052,127.86
19966-3.48%4,876,487.38
199673.08%5,026,476.07
199682.02%5,128,198.21
199694.12%5,339,454.23
1996105.05%5,609,207.82
1996111.20%5,676,418.89
1996123.26%5,861,330.51
199714.36%6,116,952.73
19972-0.62%6,078,802.19
19973-3.41%5,871,804.00
199749.22%6,413,056.96
199755.34%6,755,310.61
199765.74%7,142,790.13
199770.35%7,167,631.98
199781.19%7,253,070.72
199791.65%7,372,410.99
199710-1.15%7,287,477.63
1997112.63%7,479,474.72
1997120.24%7,497,207.68
199816.40%7,977,190.79
199825.31%8,401,008.76
199833.41%8,687,119.84
19984-0.22%8,667,846.80
199850.12%8,677,941.12
199864.47%9,065,642.57
19987-6.97%8,433,675.98
19988-4.90%8,020,556.56
199891.29%8,124,090.46
19981010.97%9,015,659.36
1998114.10%9,385,671.48
1998125.05%9,859,430.81
19991-0.07%9,852,853.58
199922.92%10,140,902.72
199934.25%10,571,893.33
19994-0.10%10,561,444.94
19995-0.61%10,496,833.49
199964.52%10,971,540.95
19997-3.77%10,557,432.68
19998-0.60%10,494,297.48
19999-1.27%10,360,760.57
1999107.11%11,096,990.99
1999112.81%11,408,675.59
199912-0.12%11,395,106.95
20001-2.48%11,112,727.39
200023.94%11,550,674.82
200031.42%11,715,233.29
20004-2.84%11,382,661.95
200053.16%11,742,750.20
200060.85%11,842,603.79
200070.94%11,953,890.05
20008-1.08%11,824,829.81
20009-5.21%11,208,256.01
200010-0.77%11,121,665.05
200011-3.32%10,752,417.57
2000120.46%10,801,341.89
20011-2.14%10,570,597.38
20012-9.08%9,610,797.40
200130.45%9,653,920.43
200146.88%10,318,045.76
20015-2.39%10,071,583.53
20016-2.66%9,803,656.52
20017-2.05%9,603,089.47
20018-11.25%8,522,998.81
200193.18%8,794,373.78
2001105.05%9,238,766.34
2001111.47%9,374,211.22
200112-0.30%9,346,305.20
20021-3.35%9,032,945.15
200224.95%9,479,648.74
20023-3.51%9,146,492.91
20024-2.82%8,888,527.85
20025-5.92%8,362,241.80
20026-10.76%7,462,590.09
200271.14%7,547,573.38
20028-4.76%7,188,480.20
20029-1.37%7,090,210.61
2002106.63%7,559,977.95
200211-1.04%7,481,727.55
200212-0.22%7,465,079.39
20031-6.41%6,986,206.79
200321.31%7,077,579.26
200335.29%7,451,690.11
200345.31%7,847,539.66
200355.70%8,295,177.84
200360.60%8,344,608.87
20037-0.17%8,330,729.77
200383.16%8,594,079.21
200392.03%8,768,352.44
2003101.21%8,874,500.91
2003113.06%9,146,398.78
2003124.93%9,597,770.03
200411.09%9,702,065.37
20042-1.57%9,550,208.96
200430.97%9,642,668.07
20044-2.56%9,395,405.62
200452.86%9,663,895.96
20046-2.24%9,447,542.62
20047-1.39%9,316,451.34
200482.78%9,575,693.20
200490.10%9,585,517.41
2004104.77%10,043,120.05
2004112.73%10,317,040.86
200412-1.35%10,177,841.11
200511.68%10,348,951.66
20052-0.26%10,322,500.98
20053-2.41%10,073,840.35
200541.34%10,208,413.82
200552.18%10,431,028.44
200561.81%10,619,599.63
200570.31%10,652,522.32
200580.28%10,682,316.41
20059-2.62%10,401,988.97
2005103.96%10,814,068.16
2005112.14%11,045,935.95
2005121.47%11,207,954.45
20061-0.02%11,206,089.47
200621.49%11,372,627.39
200630.80%11,463,418.66
20064-0.79%11,373,243.32
20065-2.71%11,065,506.90
200660.72%11,145,183.05
200672.29%11,400,603.81
200682.53%11,689,172.87
200693.62%12,111,843.21
2006102.00%12,354,279.07
2006112.15%12,619,681.72
2006120.69%12,707,114.22
200711.60%12,909,925.86
20072-2.47%12,590,548.37
200734.18%13,116,866.01
200743.39%13,561,757.72
200750.34%13,608,532.43
200760.57%13,686,729.73
20077-4.20%13,111,735.46
200783.07%13,514,887.69
200792.99%13,919,203.50
200710-4.81%13,250,203.43
2007111.24%13,414,270.21
200712-6.64%12,524,206.90
20081-1.56%12,328,332.60
20082-2.63%12,004,512.21
200834.24%12,513,960.00
200842.56%12,834,643.27
20085-4.25%12,289,609.61
20086-6.08%11,542,589.19
200872.11%11,786,199.56
20088-4.85%11,214,859.27
20089-20.19%8,950,177.13
200810-8.61%8,179,983.24
200811-0.35%8,151,253.73
200812-1.10%8,061,952.13
20091-6.70%7,521,599.26
20092-5.69%7,093,813.09
2009312.32%7,967,895.01
200946.66%8,498,542.61
200952.87%8,742,353.99
200961.28%8,854,049.99
200978.12%9,573,064.81
200983.65%9,922,514.54
200992.40%10,160,963.30
2009102.09%10,373,766.97
2009112.23%10,604,672.25
2009121.36%10,748,574.24
20101-2.90%10,437,029.69
201025.94%11,057,306.08
201034.09%11,509,321.03
20104-5.88%10,832,297.12
20105-3.54%10,448,447.73
20106-0.16%10,431,827.07
201070.86%10,521,917.54
201083.37%10,876,627.64
201094.58%11,374,498.36
2010102.49%11,657,827.39
2010113.71%12,090,768.34
2010123.46%12,509,374.09
201113.15%12,903,527.45
20112-1.11%12,759,980.74
201132.22%13,043,377.73
201140.66%13,129,364.22
20115-3.66%12,648,488.10
201163.10%13,040,810.77
20117-10.40%11,684,482.08
20118-0.79%11,592,262.89
201193.02%11,942,222.41
2011101.77%12,153,256.10
2011111.55%12,342,208.98
2011124.78%12,932,482.28
201214.16%13,470,810.91
201222.88%13,859,287.18
20123-0.04%13,853,991.49
20124-3.09%13,425,771.24
20125-1.15%13,271,051.16
201262.92%13,658,710.09
201273.39%14,121,426.31
201283.02%14,548,058.06
20129-0.22%14,516,469.17
201210-2.84%14,104,565.23
2012112.18%14,411,415.01
2012124.27%15,026,603.93
201312.33%15,377,177.89
201322.72%15,795,814.48
201331.45%16,025,452.68
201344.57%16,758,500.12
20135-1.12%16,571,177.79
201363.25%17,110,482.98
201370.25%17,153,691.79
201381.19%17,358,243.96
201392.12%17,725,813.44
2013103.86%18,410,028.79
2013111.52%18,690,167.14
2013120.97%18,871,052.00
20141-0.13%18,846,512.86
201422.72%19,359,565.70
201430.20%19,398,618.58
201441.53%19,695,812.16
201453.20%20,325,352.92
201461.50%20,629,384.01
20147-0.43%20,541,306.69
201481.78%20,906,538.07
20149-2.65%20,353,229.04
2014105.71%21,514,513.51
2014110.63%21,650,891.36
201412-1.11%21,410,556.60
201512.83%22,015,918.27
201520.06%22,028,107.04
201530.88%22,221,604.06
201540.98%22,439,132.21
20155-0.44%22,341,409.78
20156-0.08%22,323,619.29
20157-2.42%21,782,406.02
20158-4.51%20,800,652.18
201594.32%21,698,641.16
2015102.93%22,334,947.29
201511-1.10%22,088,599.56
201512-6.42%20,670,595.01
20161-0.55%20,556,925.53
201626.36%21,864,906.69
201632.83%22,483,959.11
20164-0.30%22,415,525.75
201651.07%22,654,585.14
201663.30%23,401,606.25
201671.20%23,682,251.65
20168-0.44%23,578,364.42
20169-0.51%23,459,062.39
2016101.20%23,740,843.40
2016113.95%24,677,648.49
2016121.44%25,032,422.94
201712.58%25,677,369.62
201721.75%26,126,532.78
20173-0.15%26,086,296.84
201741.69%26,527,774.38
201751.78%26,999,021.17
201760.99%27,265,740.21
201770.25%27,333,306.15
201781.65%27,785,197.60
201792.73%28,545,066.94
2017101.59%28,998,810.46
2017112.88%29,834,987.18
2017124.86%31,285,533.90
20181-2.89%30,382,418.65
201820.06%30,402,039.07
20183-1.66%29,896,157.69
201841.96%30,482,607.03
201852.11%31,126,695.30
201861.58%31,618,728.04
201872.45%32,393,641.38
201881.68%32,937,772.84
20189-3.85%31,670,002.52
201810-2.08%31,012,498.96
201811-5.56%29,287,424.94
2018121.74%29,795,748.14
201915.83%31,532,513.27
201921.95%32,146,773.55
201933.72%33,343,668.53
20194-1.53%32,832,914.03
201951.40%33,294,134.12
201963.83%34,568,415.11
20197-3.13%33,484,897.85
201983.09%34,517,983.11
201990.01%34,521,366.83
2019104.43%36,051,937.98
2019112.47%36,942,175.65
2019123.35%38,178,407.69
202010.12%38,225,014.68
20202-18.92%30,993,717.67
202034.32%32,332,216.80
202045.89%34,235,732.53
202056.51%36,463,887.08
202063.48%37,731,530.37
202075.89%39,955,239.95
20208-0.63%39,704,719.54
202091.73%40,390,023.54
2020103.95%41,987,092.16
2020114.26%43,775,776.07
2020122.80%44,999,440.23
202112.49%46,120,614.14
202120.82%46,499,429.34
202136.02%49,299,386.02
202140.76%49,674,175.49
202151.81%50,573,488.08
202163.07%52,125,184.59
202172.19%53,264,204.24
20218-0.08%53,219,196.61
202190.45%53,459,841.08
2021104.74%55,996,373.71
2021110.27%56,144,990.13
202112-2.05%54,992,921.38
20221-2.90%53,396,713.42
20222-0.89%52,920,103.11
202230.12%52,982,708.56
20224-7.87%48,811,522.81
20225-3.37%47,166,874.75
202260.46%47,386,052.30
202276.45%50,441,217.72
20228-7.28%46,770,406.46
20229-3.09%45,324,651.28
2022105.29%47,720,101.79
2022110.01%47,725,273.44
2022121.38%48,382,190.97
202313.15%49,904,764.80
20232-2.59%48,614,513.51
202334.00%50,557,257.05
202340.74%50,930,215.53
202354.94%53,447,281.87
202363.88%55,518,920.95
20237-1.13%54,894,321.33
202381.31%55,613,682.09
Click to show 1746 more rows

Remember, returns are based on the average closing price across the entire month. Some losses are offset by dividend returns.

Dollar-cost averaging

Dollar-cost averaging is an alternative to investing the full lump-sum of $100.00 up-front. Instead, the capital is invested over a period of time.

Consider a strategy in which $100.00 was invested in the S&P 500 over a period of no more than 24 months beginning in 1877. This would result in a final amount of $56,479,055.63, including dividend reinvestments. In this particular case, dollar-cost average returns are greater than the returns of a lump-sum investment (which ends with $55,613,682.09).

YearMonthContribution ($)Amount ($)
187714.163.91
187724.167.69
187734.1611.05
187744.1615.29
187754.1618.17
187764.1623.45
187774.1629.71
187784.1636.16
187794.1641.39
1877104.1645.08
1877114.1649.32
1877124.1653.72
187814.1656.89
187824.1662.49
187834.1668.80
187844.1673.50
187854.1679.63
187864.1685.87
187874.1689.63
187884.1696.09
187894.1699.53
1878104.16103.82
1878114.16107.81
1878124.32116.82
18791-121.56
18792-120.10
18793-124.55
18794-130.68
18795-131.87
18796-135.06
18797-136.59
18798-142.17
18799-158.21
187910-167.22
187911-167.44
187912-174.47
18801-178.13
18802-182.15
18803-178.65
18804-165.14
18805-166.48
18806-174.79
18807-181.75
18808-182.11
18809-188.10
188010-198.71
188011-207.61
188012-220.82
18811-220.90
18812-224.21
18813-224.32
18814-235.26
18815-239.01
18816-231.53
18817-226.96
18818-229.71
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19415-7,733.41
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19417-8,181.34
19418-8,251.90
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19424-6,743.00
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19445-12,131.71
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19464-19,459.09
19465-19,393.18
19466-18,899.13
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19468-15,910.82
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194612-16,289.23
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19475-16,217.68
19476-17,303.23
19477-17,033.50
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194710-17,043.47
194711-16,852.18
194712-16,706.42
19481-15,963.22
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19484-18,539.80
19485-19,390.26
19486-19,010.79
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19488-18,412.05
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194810-18,029.98
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19491-17,686.03
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19495-17,107.22
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19499-19,897.29
194910-20,284.77
194911-20,942.32
194912-21,493.10
19501-22,035.31
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19504-23,998.78
19505-24,518.27
19506-22,869.76
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19509-26,588.51
195010-26,688.50
195011-26,740.46
195012-28,883.08
19511-30,127.59
19512-29,792.45
19513-30,366.36
19514-30,557.22
19515-30,207.33
19516-30,922.21
19517-32,457.59
19518-33,475.38
19519-33,484.89
195110-32,730.35
195111-33,912.96
195112-35,213.12
19521-34,744.07
19522-35,004.55
19523-35,075.60
19524-35,236.90
19525-36,380.28
19526-37,605.14
19527-37,936.26
19528-37,515.67
19529-36,911.35
195210-38,265.05
195211-39,990.44
195212-40,385.89
19531-40,073.50
19532-40,457.04
19533-38,647.45
19534-39,034.98
19535-37,821.90
19536-38,545.71
19537-38,892.18
19538-37,294.92
19539-38,606.47
195310-39,652.03
195311-40,380.33
195312-41,601.39
19541-42,714.77
19542-43,817.85
19543-45,767.96
19544-47,792.06
19545-48,376.60
19546-50,532.88
19547-51,742.77
19548-53,160.43
19549-54,601.42
195410-56,950.48
195411-59,771.41
195412-61,067.57
19551-63,329.97
19552-63,053.59
19553-65,454.81
19554-65,403.29
19555-69,422.38
19556-74,729.11
19557-74,505.44
19558-78,093.94
19559-74,404.12
195510-79,661.62
195511-80,647.18
195512-78,721.51
19561-79,468.90
19562-85,195.50
19563-86,458.75
19564-84,004.64
19565-83,784.53
19566-88,601.19
19567-88,348.92
19568-85,619.97
19569-84,803.49
195610-84,199.30
195611-85,722.42
195612-84,125.74
19571-80,764.27
19572-82,073.08
19573-84,243.12
19574-87,747.79
19575-89,462.55
19576-91,539.97
19577-86,775.21
19578-83,530.29
19579-78,604.83
195710-77,189.60
195711-77,435.10
195712-79,238.34
19581-79,794.49
19582-81,724.67
19583-82,457.30
19584-85,391.00
19585-87,726.61
19586-90,420.48
19587-94,086.40
19588-96,856.06
19589-101,078.02
195810-104,440.12
195811-106,698.57
195812-111,238.26
19591-109,831.06
19592-112,913.12
19593-115,099.61
19594-117,131.60
19595-116,421.48
19596-121,343.29
19597-120,956.80
19598-116,477.48
19599-116,683.35
195910-117,464.08
195911-121,532.00
195912-119,726.31
19601-115,405.09
19602-114,160.86
19603-115,969.48
19604-115,245.20
19605-119,841.29
19606-117,209.42
19607-118,956.86
19608-115,720.33
19609-113,783.21
196010-117,812.11
196011-120,982.01
196012-127,547.63
19611-133,126.71
19612-137,649.09
19613-141,667.08
19614-143,456.83
19615-141,907.21
19616-141,867.57
19617-147,313.82
19618-146,515.81
19619-148,483.59
196110-155,569.31
196111-157,378.60
196112-151,890.60
19621-154,790.95
19622-155,318.77
19623-150,744.72
19624-139,913.60
19625-123,945.62
19626-127,313.66
19627-131,162.40
19628-130,384.16
19629-126,659.97
196210-135,780.57
196211-142,058.75
196212-147,949.52
19631-150,310.11
19632-150,147.33
19633-157,621.92
19634-161,199.26
19635-161,548.47
19636-159,574.52
19637-164,411.46
19638-169,168.89
19639-170,014.54
196310-169,493.33
196311-173,549.91
196312-179,329.45
19641-181,983.36
19642-185,752.30
19643-188,897.28
19644-191,202.51
19645-190,532.03
19646-198,079.07
19647-195,651.28
19648-199,496.70
19649-203,427.16
196410-205,333.17
196411-202,273.04
196412-207,978.73
19651-210,006.65
19652-210,711.38
19653-213,993.51
19654-217,701.15
19655-207,888.59
19656-208,102.49
19657-212,511.32
19658-220,153.46
19659-225,650.32
196510-228,078.26
196511-227,595.62
196512-232,103.04
19661-231,104.02
19662-222,178.01
19663-229,556.44
19664-218,061.22
19665-216,841.11
19666-216,881.01
19667-204,368.16
19668-197,777.61
19669-196,661.33
196610-207,115.97
196611-208,598.50
196612-217,214.22
19671-225,316.35
19672-231,250.60
19673-235,858.19
19674-240,711.40
19675-238,323.96
19676-243,072.37
19677-247,573.22
19678-251,667.86
19679-251,913.02
196710-244,653.56
196711-252,266.53
196712-252,222.41
19681-241,485.35
19682-237,720.04
19683-255,933.51
19684-262,479.50
19685-270,198.21
19686-270,330.40
19687-265,102.42
19688-274,401.38
19689-281,857.35
196810-286,890.62
196811-290,578.07
196812-278,998.15
19691-278,332.57
19692-273,005.86
19693-279,214.70
19694-289,024.89
19695-274,656.54
19696-263,106.32
19697-262,360.11
19698-264,009.11
19699-267,563.77
196910-270,232.62
196911-256,646.72
196912-255,134.99
19701-246,980.64
19702-251,950.55
19703-245,027.71
19704-217,587.01
19705-216,999.77
19706-218,133.71
19707-225,235.67
19708-239,473.49
19709-245,435.19
197010-245,942.66
197011-263,548.09
197012-274,381.71
19711-285,771.48
19712-293,864.07
19713-304,660.23
19714-301,284.97
19715-296,476.90
19716-295,104.32
19717-290,627.25
19718-297,853.41
19719-292,302.37
197110-279,524.30
197111-299,548.31
197112-312,795.96
19721-319,323.89
19722-327,688.94
19723-331,814.21
19724-329,239.71
19725-330,938.89
19726-329,271.43
19727-341,730.03
19728-337,593.52
19729-339,002.73
197210-356,814.64
197211-365,062.47
197212-368,674.25
19731-356,415.39
19732-351,620.35
19733-345,877.33
19734-336,989.11
19735-330,283.73
19736-334,280.97
19737-328,814.06
19738-335,374.85
19739-349,579.06
197310-325,622.88
197311-303,463.32
197312-308,623.50
19741-300,991.67
19742-314,760.95
19743-299,600.05
19744-291,493.85
19745-292,826.65
19746-259,600.06
19747-249,826.74
19748-224,810.11
19749-230,153.69
197410-238,769.36
197411-224,223.94
197412-243,580.68
19751-269,905.73
19752-283,329.89
19753-287,543.08
19754-306,844.80
19755-315,726.80
19756-317,090.74
19757-294,906.27
19758-292,391.66
19759-306,927.21
197510-313,193.75
197511-309,499.19
197512-339,041.77
19761-353,207.40
19762-356,041.57
19763-359,941.82
19764-358,562.26
19765-361,791.41
19766-371,434.44
19767-369,352.10
19768-378,356.48
19769-366,596.34
197610-365,252.24
197611-379,082.54
197612-377,045.92
19771-368,115.19
19772-367,915.75
19773-363,524.04
19774-363,758.52
19775-367,031.50
19776-371,738.46
19777-364,011.43
19778-359,733.08
19779-351,826.65
197710-355,278.57
197711-354,993.85
197712-342,958.29
19781-339,624.76
19782-340,527.03
19783-356,974.46
19784-376,623.48
19785-379,160.25
19786-378,924.07
19787-406,692.17
19788-408,317.67
19789-396,992.98
197810-375,405.89
197811-382,624.30
197812-398,638.30
19791-394,424.88
19792-403,659.00
19793-413,471.56
19794-405,644.44
19795-415,451.46
19796-421,354.38
19797-442,482.50
19798-449,298.73
19799-434,235.91
197910-432,835.79
197911-451,897.86
197912-466,866.80
19801-487,389.57
19802-444,607.37
19803-439,440.81
19804-461,571.65
19805-493,247.86
19806-517,759.61
19807-535,905.44
19808-551,102.69
19809-569,425.58
198010-595,702.84
198011-588,287.65
198012-588,346.40
19811-570,283.14
19812-593,911.69
19813-601,595.68
19814-591,866.26
19815-596,942.03
19816-584,906.19
19817-589,600.43
19818-540,647.78
19819-549,986.10
198110-566,726.20
198111-573,409.99
198112-545,862.69
19821-535,415.44
19822-520,720.74
19823-549,200.60
19824-552,329.10
19825-523,217.94
19826-524,493.79
19827-528,658.15
19828-592,606.62
19829-645,238.39
198210-674,273.57
198211-683,413.35
198212-710,242.47
19831-725,370.73
19832-753,410.77
19833-785,034.35
19834-819,764.36
19835-834,138.96
19836-840,045.78
19837-819,824.32
19838-846,991.93
19839-852,479.82
198310-842,749.42
198311-841,669.62
198312-854,933.77
19841-811,228.02
19842-814,816.58
19843-818,949.33
19844-816,880.88
19845-801,782.44
19846-794,498.66
19847-867,644.65
19848-879,852.14
19849-876,223.61
198410-887,490.99
198411-881,211.49
198412-922,607.00
19851-976,001.59
19852-971,333.20
19853-981,286.57
19854-1,008,130.98
19855-1,033,444.81
19856-1,056,668.60
19857-1,037,169.78
19858-1,017,619.19
19859-1,032,838.34
198510-1,099,151.89
198511-1,157,346.65
198512-1,166,046.75
19861-1,232,479.31
19862-1,308,680.68
19863-1,344,557.20
19864-1,351,170.14
19865-1,393,505.54
19866-1,368,367.90
19867-1,399,578.38
19868-1,365,201.43
19869-1,363,974.49
198610-1,412,163.02
198611-1,436,296.03
198612-1,532,145.39
19871-1,631,150.76
19872-1,702,536.59
19873-1,687,955.89
19874-1,690,873.20
19875-1,766,936.17
19876-1,822,101.63
19877-1,939,700.28
19878-1,880,919.10
19879-1,657,957.10
198710-1,453,971.77
198711-1,434,565.70
198712-1,495,485.14
19881-1,545,263.34
19882-1,595,207.16
19883-1,581,073.24
19884-1,546,475.13
19885-1,639,235.80
19886-1,634,204.65
19887-1,606,121.08
19888-1,637,073.75
19889-1,699,309.02
198810-1,664,978.77
198811-1,703,705.40
198812-1,763,550.75
19891-1,821,745.31
19892-1,818,800.29
19893-1,883,636.87
19894-1,961,154.22
19895-2,027,688.77
19896-2,084,467.61
19897-2,182,244.83
19898-2,192,185.77
19899-2,198,461.03
198910-2,158,590.82
198911-2,217,665.11
198912-2,168,627.53
19901-2,113,822.33
19902-2,171,047.03
19903-2,175,301.97
19904-2,259,071.22
19905-2,330,682.81
19906-2,334,638.53
19907-2,151,107.29
19908-2,057,726.42
19909-2,010,074.23
199010-2,070,051.12
199011-2,164,996.20
199012-2,150,162.27
19911-2,399,726.77
19912-2,472,789.34
19913-2,528,645.41
19914-2,524,122.20
19915-2,532,881.18
19916-2,552,649.96
19917-2,621,033.75
19918-2,613,089.37
19919-2,617,835.94
199110-2,618,249.44
199111-2,642,733.73
199112-2,837,186.76
19921-2,820,139.64
19922-2,791,589.17
19923-2,798,967.44
19924-2,856,859.89
19925-2,818,888.72
19926-2,872,789.63
19927-2,899,843.26
19928-2,910,810.10
19929-2,876,402.71
199210-2,955,702.34
199211-3,052,389.27
199212-3,056,750.93
19931-3,109,456.88
19932-3,176,314.95
19933-3,133,696.90
19934-3,156,407.56
19935-3,183,716.25
19936-3,185,658.43
19937-3,241,804.57
19938-3,285,730.11
19939-3,326,535.82
199310-3,326,786.80
199311-3,356,301.38
199312-3,414,562.75
19941-3,411,977.89
19942-3,363,397.53
19943-3,250,845.55
19944-3,285,247.36
19945-3,321,650.95
19946-3,304,415.73
19947-3,406,260.40
19948-3,434,105.39
19949-3,418,857.74
199410-3,406,211.93
199411-3,371,274.21
199412-3,453,910.01
19951-3,585,818.07
19952-3,677,549.39
19953-3,795,802.95
19954-3,922,877.32
19955-4,047,562.91
19956-4,191,149.40
19957-4,212,655.20
19958-4,369,267.58
19959-4,409,140.09
199510-4,513,124.61
199511-4,666,080.63
199512-4,673,666.73
19961-4,949,618.41
19962-4,939,684.67
19963-4,949,417.92
19964-5,065,968.09
19965-5,130,741.21
19966-4,952,367.68
19967-5,104,690.26
19968-5,207,995.25
19969-5,422,538.50
199610-5,696,489.58
199611-5,764,746.49
199612-5,952,535.42
19971-6,212,135.23
19972-6,173,391.05
19973-5,963,171.87
19974-6,512,846.97
19975-6,860,426.23
19976-7,253,935.11
19977-7,279,163.51
19978-7,365,931.72
19979-7,487,128.97
199710-7,400,874.01
199711-7,595,858.66
199712-7,613,867.55
19981-8,101,319.41
19982-8,531,732.18
19983-8,822,295.27
19984-8,802,722.34
19985-8,812,973.73
19986-9,206,707.99
19987-8,564,907.72
19988-8,145,359.98
19989-8,250,504.91
199810-9,155,947.02
199811-9,531,716.69
199812-10,012,847.92
19991-10,006,168.34
19992-10,298,699.66
19993-10,736,396.67
19994-10,725,785.70
19995-10,660,168.87
19996-11,142,262.99
19997-10,721,711.01
19998-10,657,593.40
19999-10,521,978.59
199910-11,269,665.09
199911-11,586,199.64
199912-11,572,419.87
20001-11,285,646.36
20002-11,730,408.44
20003-11,897,527.51
20004-11,559,781.21
20005-11,925,472.60
20006-12,026,879.96
20007-12,139,897.88
20008-12,008,829.40
20009-11,382,661.44
200010-11,294,723.09
200011-10,919,729.95
200012-10,969,415.56
20011-10,735,080.57
20012-9,760,345.66
20013-9,804,139.71
20014-10,478,599.13
20015-10,228,301.83
20016-9,956,205.77
20017-9,752,517.80
20018-8,655,620.45
20019-8,931,218.13
200110-9,382,525.64
200111-9,520,078.10
200112-9,491,737.85
20021-9,173,501.78
20022-9,627,156.27
20023-9,288,816.40
20024-9,026,837.28
20025-8,492,361.99
20026-7,578,711.30
20027-7,665,016.97
20028-7,300,336.14
20029-7,200,537.43
200210-7,677,614.56
200211-7,598,146.54
200212-7,581,239.33
20031-7,094,915.27
20032-7,187,709.53
20033-7,567,641.71
20034-7,969,650.86
20035-8,424,254.48
20036-8,474,454.68
20037-8,460,359.62
20038-8,727,806.89
20039-8,904,791.89
200310-9,012,592.07
200311-9,288,720.80
200312-9,747,115.58
20041-9,853,033.80
20042-9,698,814.44
20043-9,792,712.26
20044-9,541,602.30
20045-9,814,270.46
20046-9,594,550.57
20047-9,461,419.46
20048-9,724,695.23
20049-9,734,672.31
200410-10,199,395.45
200411-10,477,578.58
200412-10,336,212.83
20051-10,509,985.94
20052-10,483,123.67
20053-10,230,593.77
20054-10,367,261.26
20055-10,593,339.87
20056-10,784,845.31
20057-10,818,280.29
20058-10,848,537.99
20059-10,563,848.53
200510-10,982,339.86
200511-11,217,815.61
200512-11,382,355.18
20061-11,380,461.19
20062-11,549,590.52
20063-11,641,794.53
20064-11,550,216.03
20065-11,237,691.09
20066-11,318,607.04
20067-11,578,002.26
20068-11,871,061.59
20069-12,300,308.86
200610-12,546,517.13
200611-12,816,049.56
200612-12,904,842.55
20071-13,110,810.03
20072-12,786,462.88
20073-13,320,970.26
20074-13,772,784.69
20075-13,820,287.23
20076-13,899,701.31
20077-13,315,759.87
20078-13,725,185.33
20079-14,135,792.48
200710-13,456,382.46
200711-13,623,002.20
200712-12,719,089.11
20081-12,520,166.92
20082-12,191,307.74
20083-12,708,682.77
20084-13,034,356.01
20085-12,480,841.39
20086-11,722,196.99
20087-11,969,598.05
20088-11,389,367.45
20089-9,089,445.85
200810-8,307,267.41
200811-8,278,090.85
200812-8,187,399.68
20091-7,638,638.68
20092-7,204,195.96
20093-8,091,878.99
20094-8,630,783.70
20095-8,878,388.89
20096-8,991,822.94
20097-9,722,025.94
20098-10,076,913.26
20099-10,319,072.39
200910-10,535,187.38
200911-10,769,685.65
200912-10,915,826.82
20101-10,599,434.49
20102-11,229,362.66
20103-11,688,411.17
20104-11,000,852.47
20105-10,611,030.21
20106-10,594,150.92
20107-10,685,643.24
20108-11,045,872.78
20109-11,551,490.60
201010-11,839,228.35
201011-12,278,906.05
201012-12,704,025.49
20111-13,104,312.05
20112-12,958,531.70
20113-13,246,338.47
20114-13,333,662.95
20115-12,845,304.19
20116-13,243,731.57
20117-11,866,297.81
20118-11,772,643.64
20119-12,128,048.68
201110-12,342,366.15
201111-12,534,259.22
201112-13,133,717.44
20121-13,680,422.69
20122-14,074,943.83
20123-14,069,565.74
20124-13,634,682.19
20125-13,477,554.60
20126-13,871,245.67
20127-14,341,161.97
20128-14,774,432.29
20129-14,742,351.86
201210-14,324,038.52
201211-14,635,663.01
201212-15,260,424.55
20131-15,616,453.59
20132-16,041,604.36
20133-16,274,815.83
20134-17,019,269.81
20135-16,829,032.66
20136-17,376,729.68
20137-17,420,610.84
20138-17,628,345.93
20139-18,001,634.96
201310-18,696,496.99
201311-18,980,994.42
201312-19,164,693.94
20141-19,139,772.96
20142-19,660,809.12
20143-19,700,469.69
20144-20,002,287.73
20145-20,641,624.42
20146-20,950,386.37
20147-20,860,938.53
20148-21,231,853.07
20149-20,669,934.31
201410-21,849,288.87
201411-21,987,788.83
201412-21,743,714.35
20151-22,358,495.71
20152-22,370,874.15
20153-22,567,382.07
20154-22,788,295.06
20155-22,689,052.02
20156-22,670,984.70
20157-22,121,349.92
20158-21,124,319.55
20159-22,036,281.64
201510-22,682,488.97
201511-22,432,307.96
201512-20,992,238.63
20161-20,876,800.41
20162-22,205,134.33
20163-22,833,819.48
20164-22,764,321.27
20165-23,007,100.53
20166-23,765,745.62
20167-24,050,757.98
20168-23,945,254.22
20169-23,824,095.80
201610-24,110,261.44
201611-25,061,643.64
201612-25,421,938.53
20171-26,076,920.87
20172-26,533,073.21
20173-26,492,211.19
20174-26,940,558.30
20175-27,419,137.91
20176-27,690,007.21
20177-27,758,624.50
20178-28,217,547.59
20179-28,989,240.83
201710-29,450,044.80
201711-30,299,232.81
201712-31,772,350.68
20181-30,855,182.55
20182-30,875,108.28
20183-30,361,355.15
20184-30,956,929.91
20185-31,611,040.47
20186-32,110,729.46
20187-32,897,700.80
20188-33,450,299.18
20189-32,162,801.80
201810-31,495,067.20
201811-29,743,150.25
201812-30,259,383.19
20191-32,023,173.15
20192-32,646,991.60
20193-33,862,510.79
20194-33,343,808.73
20195-33,812,205.61
20196-35,106,314.97
20197-34,005,937.71
20198-35,055,098.23
20199-35,058,534.60
201910-36,612,922.12
201911-37,517,012.28
201912-38,772,480.64
20201-38,819,812.85
20202-31,475,993.65
20203-32,835,320.43
20204-34,768,455.71
20205-37,031,281.32
20206-38,318,649.71
20207-40,576,961.19
20208-40,322,542.57
20209-41,018,510.21
202010-42,640,429.93
202011-44,456,946.55
202012-45,699,651.47
20211-46,838,271.34
20212-47,222,981.07
20213-50,066,506.31
20214-50,447,127.68
20215-51,360,433.97
20216-52,936,275.56
20217-54,093,018.87
20218-54,047,310.90
20219-54,291,699.90
202110-56,867,702.11
202111-57,018,631.06
202112-55,848,635.61
20221-54,227,589.95
20222-53,743,563.37
20223-53,807,142.99
20224-49,571,051.74
20225-47,900,812.23
20226-48,123,400.28
20227-51,226,105.43
20228-47,498,174.71
20229-46,029,922.94
202210-48,462,647.73
202211-48,467,899.85
202212-49,135,039.31
20231-50,681,305.06
20232-49,370,976.89
20233-51,343,950.38
20234-51,722,712.26
20235-54,278,945.27
20236-56,382,819.97
20237-55,748,501.30
20238-56,479,055.63
Click to show 1746 more rows

Data Sources

The information on this page is derived from Robert Shiller's book, Irrational Exuberance and the accompanying dataset, as well as the U.S. Bureau of Labor Statistics' monthly CPI logs.

Note that S&P index value for the current quarter is based on a moving average of closing prices, per Robert Shiller's methodology. The inflation data used is based on annual CPI averages.


Ian Webster

About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

Email · LinkedIn · Twitter


S&P 500 from 1877 to 2023
Start Value
Average monthly close
$3.55
End Value
Average monthly close
$3,960.66
Change in price+111,467.79%
+4.92% / yr
Change incl. dividends+55,613,582.09%
+9.44% / yr
Change incl. dividends, inflation-adjusted+1,916,340.79%
+6.95% / yr
Final amount, nominal
($100 base)
$55,613,682.09
Final amount, inflation-adjusted
($100 base)
$1,916,440.79