S&P 500: $100 in 1897 → $14,187,867.28 in 2022

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Stock market returns between 1897 and 2022

If you invested $100 in the S&P 500 at the beginning of 1897, you would have about $14,187,867.28 at the end of 2022, assuming you reinvested all dividends. This is a return on investment of 14,187,767.28%, or 9.89% per year.

This lump-sum investment beats inflation during this period for an inflation-adjusted return of about 402,281.52% cumulatively, or 6.82% per year.

If you used dollar-cost averaging (monthly) instead of a lump-sum investment, you'd have $12,207,614.64.

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 $14,187,767.28, or 14,187,767.28%. This means by 2022 you would have $14,187,867.28 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 1897 was 8.300 and the CPI in 2022 was 292.656.

The ratio between these CPIs describes how relative buying power of a dollar has changed over 125 years.

Adjusted for inflation, the $14,187,867.28 nominal end value of the original $100 investment would have a real return of roughly $402,281.52 in 1897 dollars. This means the inflation-adjusted return is 402,281.52% as opposed to the original 14,187,767.28%.

For more information on inflation, see our U.S. inflation calculator for 1897.

Full monthly data

The table below shows the full dataset pertaining to a $100 investment, including gains and losses over the 1510-month period between 1897 and 2022.

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

YearMonthReturn (%)Amount ($)
18971-0.59%99.41
189720.60%100.00
18973-2.74%97.26
189740.86%98.10
189755.02%103.02
189764.80%107.97
189776.84%115.35
189785.16%121.30
18979-2.91%117.77
189710-3.22%113.99
1897112.47%116.80
1897123.05%120.37
189810.11%120.50
18982-4.20%115.43
18983-1.39%113.83
189846.90%121.69
189854.22%126.83
189860.71%127.73
189874.05%132.90
189880.12%133.06
18989-1.78%130.69
1898103.62%135.42
1898116.51%144.24
1898127.91%155.64
189914.06%161.96
189921.69%164.70
189931.51%167.19
18994-3.91%160.66
18995-1.98%157.48
189963.74%163.37
189972.82%167.98
18998-0.82%166.60
18999-0.20%166.27
1899102.17%169.87
189911-6.54%158.76
1899121.62%161.33
190012.10%164.72
190021.11%166.54
190031.59%169.19
19004-4.42%161.72
19005-2.64%157.45
190060.36%158.02
190071.74%160.77
19008-1.98%157.59
190094.02%163.92
1900108.22%177.39
1900116.39%188.73
1900123.28%194.91
190112.90%200.57
190123.93%208.46
190138.73%226.65
19014-4.72%215.95
1901510.29%238.18
19016-6.40%222.93
190171.71%226.75
19018-0.17%226.36
19019-0.80%224.56
1901102.48%230.13
190111-1.28%227.18
1901122.47%232.80
190211.19%235.58
190220.45%236.64
190233.74%245.49
190240.08%245.69
19025-0.27%245.03
190262.58%251.35
190272.99%258.87
190280.53%260.25
19029-2.86%252.82
190210-3.53%243.89
190211-1.97%239.08
1902125.43%252.07
19031-0.26%251.41
19032-3.59%242.37
19033-3.74%233.31
19034-1.57%229.64
19035-5.16%217.80
19036-4.20%208.65
19037-2.80%202.82
19038-1.98%198.80
19039-2.80%193.23
1903100.78%194.74
1903115.08%204.63
1903122.12%208.96
19041-2.26%204.24
190420.13%204.51
190432.91%210.45
19044-1.69%206.90
190450.58%208.11
190464.57%217.62
190473.79%225.87
190484.81%236.73
190496.24%251.50
1904105.76%265.98
1904111.30%269.44
1904122.49%276.16
190514.70%289.13
190523.14%298.20
19053-0.93%295.44
19054-4.63%281.78
190551.49%285.97
190563.45%295.83
190574.02%307.74
190580.62%309.64
190591.70%314.91
190510-0.24%314.14
1905112.76%322.83
1905123.75%334.93
19061-0.43%333.50
19062-2.16%326.30
19063-1.06%322.85
19064-2.34%315.30
190651.63%320.45
19066-2.25%313.23
190677.74%337.46
190683.41%348.95
19069-2.67%339.63
1906102.39%347.74
190611-0.58%345.74
190612-2.51%337.07
19071-2.79%327.68
19072-9.46%296.67
190730.89%299.31
19074-3.05%290.19
19075-2.78%282.12
190764.27%294.18
19077-7.06%273.41
19078-0.59%271.79
19079-10.39%243.55
190710-5.33%230.57
1907115.70%243.72
1907124.82%255.46
19081-3.12%247.50
190824.64%258.98
190835.91%274.27
190845.88%290.40
190850.59%292.12
190864.12%304.16
190874.73%318.55
19088-0.67%316.41
190891.64%321.61
1908107.18%344.70
1908112.65%353.82
1908120.70%356.30
19091-2.50%347.40
190921.75%353.48
190934.87%370.68
190943.70%384.38
190952.13%392.55
190961.79%399.56
190972.77%410.63
190980.45%412.46
190990.74%415.53
190910-0.14%414.97
1909111.54%421.35
190912-1.78%413.85
19101-3.21%400.58
191022.85%412.00
19103-2.04%403.61
19104-1.26%398.53
19105-4.42%380.92
19106-4.64%363.25
191072.87%373.69
191081.11%377.84
191095.03%396.86
1910100.31%398.08
191011-2.37%388.63
1910122.86%399.76
191112.15%408.35
19112-0.75%405.28
19113-0.01%405.25
191142.58%415.69
191152.42%425.74
19116-0.01%425.70
19117-4.37%407.10
19118-5.03%386.64
191191.03%390.62
1911104.46%408.05
1911110.87%411.61
1911120.54%413.83
19121-0.45%411.98
191223.31%425.62
191233.54%440.70
191240.31%442.05
191250.41%443.87
191260.52%446.17
191272.71%458.25
191280.91%462.44
191290.20%463.37
191210-0.71%460.07
191211-3.19%445.41
191212-0.43%443.51
19131-3.12%429.68
19132-1.45%423.45
191330.34%424.89
19134-2.28%415.23
19135-4.56%396.29
191361.85%403.61
191373.16%416.36
191381.42%422.27
19139-2.70%410.89
191310-2.06%402.43
1913110.37%403.93
1913124.60%422.52
191411.79%430.07
19142-1.42%423.94
19143-1.94%415.72
191441.09%420.25
19145-0.03%420.14
19146-5.07%398.82
191470.48%400.75
191480.48%402.66
191490.47%404.56
1914100.47%406.45
191411-3.84%390.86
1914122.24%399.63
19151-0.87%396.16
191523.05%408.25
191537.99%440.89
19154-1.90%432.51
191551.58%439.33
191560.07%439.62
191574.69%460.23
191584.14%479.28
191595.95%507.81
1915103.89%527.58
1915110.59%530.69
191512-1.20%524.30
19161-1.00%519.05
191620.08%519.49
19163-0.67%516.00
191642.64%529.63
191651.41%537.07
19166-0.95%531.98
191671.22%538.45
191684.55%562.94
191693.55%582.94
1916102.75%599.00
191611-3.57%577.63
191612-1.87%566.82
19171-5.15%537.66
191723.64%557.21
19173-0.97%551.79
19174-2.83%536.16
191752.61%550.15
19176-2.19%538.11
19177-2.36%525.43
19178-4.17%503.50
19179-4.74%479.61
191710-7.61%443.12
191711-2.61%431.58
1917126.88%461.25
191813.84%478.95
19182-1.27%472.88
19183-0.21%471.90
191843.94%490.50
191850.85%494.68
191861.51%502.15
191871.62%510.28
191880.14%511.01
191894.91%536.09
1918103.17%553.08
191811-1.39%545.42
191812-0.03%545.25
191910.98%550.61
191923.64%570.66
191933.90%592.92
191947.47%637.18
191953.19%657.51
191963.75%682.20
19197-6.25%639.56
191982.09%652.91
191995.60%689.51
191910-2.48%672.38
191911-2.45%655.88
191912-0.51%652.51
19201-7.77%601.81
192027.58%647.43
19203-0.30%645.47
19204-5.77%608.21
19205-1.20%600.93
192060.42%603.45
19207-3.37%583.10
192084.12%607.12
192090.67%611.20
192010-4.53%583.49
192011-8.39%534.55
1920125.03%561.44
19211-0.11%560.82
19212-1.96%549.84
192131.04%555.55
192143.63%575.74
19215-7.43%532.95
192160.31%534.61
19217-0.61%531.34
192183.10%547.79
192191.96%558.51
1921105.96%591.78
1921114.09%615.97
1921120.39%618.36
192212.72%635.19
192224.28%662.35
192236.58%705.94
192244.38%736.88
19225-0.47%733.43
192261.19%742.14
192274.24%773.60
192283.07%797.36
192292.67%818.61
192210-4.52%781.64
1922110.25%783.60
1922121.85%798.11
192314.75%836.01
192322.08%853.37
19233-3.04%827.39
19234-4.25%792.21
19235-3.31%766.01
19236-2.84%744.27
192371.04%751.98
192381.16%760.67
19239-0.94%753.55
1923103.54%780.19
1923113.92%810.76
1923123.79%841.50
192410.95%849.53
19242-1.42%837.51
19243-1.79%822.55
192440.17%823.97
192452.42%843.90
192465.16%887.42
192473.93%922.32
19248-0.48%917.90
19249-0.81%910.50
1924106.08%965.90
1924115.87%1,022.58
1924124.58%1,069.47
192511.29%1,083.24
19252-2.19%1,059.53
19253-0.61%1,053.10
192543.67%1,091.74
192552.24%1,116.18
192563.22%1,152.14
192571.79%1,172.72
192582.74%1,204.89
192593.73%1,249.80
1925103.53%1,293.87
1925112.04%1,320.22
1925121.93%1,345.65
192610.56%1,353.16
19262-6.38%1,266.78
19263-2.35%1,236.95
192641.15%1,251.23
192655.22%1,316.51
192664.66%1,377.80
192674.39%1,438.32
192681.94%1,466.28
19269-1.83%1,439.37
1926101.74%1,464.39
1926112.71%1,504.01
192612-0.24%1,500.38
192712.37%1,536.00
192721.97%1,566.20
192732.88%1,611.27
192743.87%1,673.61
192751.70%1,702.10
192762.62%1,746.78
192775.73%1,846.79
192786.06%1,958.76
19279-1.17%1,935.93
1927102.66%1,987.35
1927112.72%2,041.36
1927120.77%2,057.04
19281-0.83%2,039.99
192825.75%2,157.22
192836.66%2,300.94
192843.44%2,379.97
19285-4.57%2,271.32
192861.09%2,296.10
192873.59%2,378.56
192887.37%2,553.96
192892.36%2,614.17
1928107.08%2,799.31
1928110.70%2,818.77
1928127.69%3,035.60
192910.81%3,060.23
192922.05%3,122.99
19293-0.30%3,113.57
192941.80%3,169.51
192952.20%3,239.30
192969.20%3,537.32
192975.96%3,748.05
192984.24%3,907.13
19299-10.32%3,503.72
192910-26.19%2,586.07
1929114.37%2,699.16
1929121.83%2,748.45
193016.64%2,930.87
193024.12%3,051.68
193036.69%3,255.77
19304-5.65%3,071.77
19305-9.77%2,771.67
19306-1.76%2,722.89
19307-0.90%2,698.50
193080.34%2,707.76
19309-13.37%2,345.70
193010-6.80%2,186.21
193011-6.19%2,050.93
1930123.56%2,123.88
193118.14%2,296.73
193122.38%2,351.41
19313-9.08%2,137.91
19314-9.16%1,942.07
19315-2.68%1,890.05
193163.86%1,962.95
19317-2.49%1,914.17
19318-14.37%1,639.13
19319-12.75%1,430.14
1931102.05%1,459.52
193111-18.10%1,195.35
193112-0.85%1,185.20
19321-0.05%1,184.65
193221.14%1,198.16
19323-23.22%919.90
19324-11.31%815.81
19325-12.39%714.72
193266.18%758.92
1932751.35%1,148.65
1932810.37%1,267.72
19329-13.22%1,100.17
193210-0.34%1,096.48
193211-2.64%1,067.54
1932124.57%1,116.32
19331-11.27%990.56
193320.33%993.86
1933311.24%1,105.60
1933429.32%1,429.73
1933517.58%1,681.12
193368.46%1,823.37
19337-4.64%1,738.74
19338-0.48%1,730.32
19339-9.38%1,568.07
1933102.80%1,611.99
1933112.32%1,649.42
1933126.08%1,749.78
193417.75%1,885.37
19342-4.80%1,794.90
193432.02%1,831.15
19344-9.83%1,651.21
193451.70%1,679.32
19346-4.36%1,606.18
19347-3.51%1,549.73
19348-2.01%1,518.60
193491.21%1,536.95
1934103.21%1,586.30
1934111.06%1,603.10
1934120.40%1,609.59
19351-2.62%1,567.44
19352-5.93%1,474.49
193537.94%1,591.52
193548.27%1,723.07
193554.17%1,794.99
193565.60%1,895.50
193577.10%2,030.17
193582.43%2,079.57
193592.99%2,141.66
1935109.71%2,349.63
1935110.29%2,356.54
1935125.82%2,493.73
193616.03%2,644.15
193622.41%2,707.91
193630.41%2,719.15
19364-5.02%2,582.65
193654.57%2,700.78
193666.23%2,869.16
193672.30%2,935.08
193681.44%2,977.46
193695.55%3,142.72
1936103.10%3,240.20
193611-1.40%3,194.83
1936123.46%3,305.32
193713.30%3,414.47
193720.23%3,422.32
19373-5.62%3,229.83
19374-4.09%3,097.86
19375-3.34%2,994.44
193766.39%3,185.90
193771.44%3,231.67
19378-13.76%2,786.91
19379-14.10%2,394.02
193710-8.27%2,196.14
193711-1.02%2,173.75
1937123.24%2,244.11
19381-1.80%2,203.65
19382-6.02%2,071.03
19383-3.44%1,999.72
193841.56%2,030.83
193852.93%2,090.41
1938620.49%2,518.66
193871.06%2,545.29
19388-4.08%2,441.34
1938911.62%2,724.95
1938100.47%2,737.64
193811-2.55%2,667.82
193812-1.16%2,636.81
19391-0.46%2,624.74
193920.27%2,631.74
19393-12.24%2,309.59
193944.10%2,404.19
193952.17%2,456.40
193962.84%2,526.07
19397-1.07%2,499.10
1939811.06%2,775.40
193991.38%2,813.79
193910-1.41%2,774.17
193911-1.97%2,719.43
193912-0.15%2,715.40
19401-0.23%2,709.21
19402-0.15%2,705.26
194031.42%2,743.67
19404-13.34%2,377.64
19405-8.09%2,185.18
194063.87%2,269.73
194072.65%2,329.88
194084.76%2,440.73
194091.47%2,476.51
1940102.85%2,547.09
194011-3.59%2,455.66
1940120.72%2,473.34
19411-5.72%2,331.77
194121.18%2,359.21
19413-2.55%2,299.14
19414-1.59%2,262.64
194154.11%2,355.55
194165.71%2,490.10
194170.08%2,491.99
194180.86%2,513.48
19419-3.43%2,427.16
194110-4.08%2,328.05
194111-5.88%2,191.12
1941122.62%2,248.44
19421-2.48%2,192.70
19422-4.76%2,088.28
19423-3.45%2,016.16
194241.87%2,053.87
194255.75%2,171.94
194264.38%2,267.10
194270.05%2,268.12
194281.66%2,305.82
194297.97%2,489.56
1942102.15%2,543.21
1942111.06%2,570.07
1942126.50%2,737.22
194316.43%2,913.33
194324.01%3,030.29
194333.79%3,145.03
194344.36%3,282.26
194352.18%3,353.80
194362.47%3,436.72
19437-4.54%3,280.73
194382.55%3,364.49
19439-0.50%3,347.65
194310-4.21%3,206.83
1943111.77%3,263.60
1943123.67%3,383.24
19441-0.24%3,374.99
194423.24%3,484.35
19443-1.31%3,438.76
194442.20%3,514.51
194455.14%3,695.24
194463.02%3,806.80
19447-1.06%3,766.62
19448-1.23%3,720.47
194492.88%3,827.75
194410-0.28%3,816.88
1944112.60%3,916.12
1944123.38%4,048.65
194513.73%4,199.80
194520.31%4,213.02
194532.90%4,335.26
194544.16%4,515.64
194552.19%4,614.42
19456-1.70%4,536.18
194570.71%4,568.24
194587.18%4,896.22
194594.51%5,117.23
1945103.61%5,301.76
1945112.02%5,409.10
1945124.30%5,641.63
194610.59%5,674.68
19462-2.68%5,522.72
194636.77%5,896.57
194640.52%5,927.12
19465-0.34%5,907.04
19466-2.55%5,756.56
19467-1.62%5,663.10
19468-14.42%4,846.34
19469-1.87%4,755.61
194610-0.01%4,754.98
1946113.39%4,916.38
1946120.92%4,961.60
194714.27%5,173.45
19472-3.67%4,983.45
19473-3.30%4,819.09
19474-1.36%4,753.44
194753.92%4,939.80
194766.69%5,270.46
19477-1.56%5,188.30
19478-2.17%5,075.87
194793.03%5,229.51
194710-0.73%5,191.33
194711-1.12%5,133.07
194712-0.86%5,088.67
19481-4.45%4,862.30
194821.92%4,955.60
194838.19%5,361.34
194845.33%5,647.11
194854.59%5,906.15
19486-1.96%5,790.57
19487-2.49%5,646.47
19488-0.68%5,608.19
194893.19%5,787.01
194810-5.10%5,491.82
194811-0.16%5,483.14
1948121.63%5,572.48
19491-3.33%5,387.05
194921.49%5,467.39
194930.41%5,490.01
19494-0.18%5,479.97
19495-4.91%5,210.75
194966.26%5,537.12
194974.17%5,768.04
194981.87%5,875.98
194993.14%6,060.59
1949101.95%6,178.61
1949113.24%6,378.90
1949122.63%6,546.66
195012.52%6,711.82
195021.38%6,804.12
195033.39%7,034.52
195043.91%7,309.88
195052.16%7,468.11
19506-6.72%6,965.99
195076.64%7,428.36
195084.11%7,733.56
195094.72%8,098.69
1950100.38%8,129.15
1950110.19%8,144.98
1950128.01%8,797.61
195114.31%9,176.67
19512-1.11%9,074.59
195131.93%9,249.40
195140.63%9,307.54
19515-1.15%9,200.96
195162.37%9,418.71
195174.97%9,886.38
195183.14%10,196.39
195190.03%10,199.29
195110-2.25%9,969.46
1951113.61%10,329.67
1951123.83%10,725.70
19521-1.33%10,582.83
195220.75%10,662.17
195230.20%10,683.81
195240.46%10,732.94
195253.24%11,081.20
195263.37%11,454.29
195270.88%11,555.15
19528-1.11%11,427.04
19529-1.61%11,242.96
1952103.67%11,655.29
1952114.51%12,180.84
1952120.99%12,301.29
19531-0.77%12,206.14
195320.96%12,322.96
19533-4.47%11,771.77
195341.00%11,889.81
19535-3.11%11,520.31
195361.91%11,740.78
195370.90%11,846.31
19538-4.11%11,359.80
195393.52%11,759.29
1953102.71%12,077.76
1953111.84%12,299.60
1953123.02%12,671.52
195412.68%13,010.65
195422.58%13,346.64
195434.45%13,940.63
195444.42%14,557.16
195451.22%14,735.21
195464.46%15,392.00
195472.39%15,760.52
195482.74%16,192.33
195492.71%16,631.25
1954104.30%17,346.76
1954114.95%18,206.00
1954122.17%18,600.80
195513.70%19,289.91
19552-0.44%19,205.73
195533.81%19,937.12
19554-0.08%19,921.43
195556.15%21,145.62
195567.64%22,762.02
19557-0.30%22,693.89
195584.82%23,786.92
19559-4.72%22,663.03
1955107.07%24,264.43
1955111.24%24,564.62
195512-2.39%23,978.08
195610.95%24,205.73
195627.21%25,950.02
195631.48%26,334.79
19564-2.84%25,587.29
19565-0.26%25,520.24
195665.75%26,987.37
19567-0.28%26,910.53
19568-3.09%26,079.30
19569-0.95%25,830.61
195610-0.71%25,646.58
1956111.81%26,110.51
195612-1.86%25,624.17
19571-4.00%24,600.29
195721.62%24,998.95
195732.64%25,659.93
195744.16%26,727.43
195751.95%27,249.73
195762.32%27,882.50
19577-5.21%26,431.19
19578-3.74%25,442.80
19579-5.90%23,942.54
195710-1.80%23,511.47
1957110.32%23,586.25
1957122.33%24,135.50
195810.70%24,304.90
195822.42%24,892.82
195830.90%25,115.98
195843.56%26,009.56
195852.74%26,720.97
195863.07%27,541.51
195874.05%28,658.13
195882.94%29,501.75
195894.36%30,787.73
1958103.33%31,811.81
1958112.16%32,499.72
1958124.25%33,882.48
19591-1.27%33,453.85
195922.81%34,392.63
195931.94%35,058.62
195941.77%35,677.55
19595-0.61%35,461.25
195964.23%36,960.40
19597-0.32%36,842.68
19598-3.70%35,478.31
195990.18%35,541.02
1959100.67%35,778.82
1959113.46%37,017.89
195912-1.49%36,467.88
19601-3.61%35,151.67
19602-1.08%34,772.68
196031.58%35,323.58
19604-0.62%35,102.97
196053.99%36,502.90
19606-2.20%35,701.26
196071.49%36,233.51
19608-2.72%35,247.69
19609-1.67%34,657.65
1960103.54%35,884.83
1960112.69%36,850.36
1960125.43%38,850.21
196114.37%40,549.56
196123.40%41,927.05
196132.92%43,150.90
196141.26%43,696.05
19615-1.08%43,224.05
19616-0.03%43,211.97
196173.84%44,870.87
19618-0.54%44,627.80
196191.34%45,227.17
1961104.77%47,385.44
1961111.16%47,936.53
196112-3.49%46,264.92
196211.91%47,148.35
196220.34%47,309.12
19623-2.94%45,915.90
19624-7.19%42,616.81
19625-11.41%37,753.06
196262.72%38,778.94
196273.02%39,951.24
19628-0.59%39,714.20
19629-2.86%38,579.83
1962107.20%41,357.91
1962114.62%43,270.21
1962124.15%45,064.50
196311.60%45,783.52
19632-0.11%45,733.93
196334.98%48,010.65
196342.27%49,100.28
196350.22%49,206.65
19636-1.22%48,605.40
196373.03%50,078.70
196382.89%51,527.78
196390.50%51,785.36
196310-0.31%51,626.60
1963112.39%52,862.21
1963123.33%54,622.62
196411.48%55,430.99
196422.07%56,578.99
196431.69%57,536.93
196441.22%58,239.09
19645-0.35%58,034.86
196463.96%60,333.64
19647-1.23%59,594.15
196481.97%60,765.44
196491.97%61,962.64
1964100.94%62,543.20
196411-1.49%61,611.10
1964122.82%63,349.02
196510.98%63,966.71
196520.34%64,181.36
196531.56%65,181.08
196541.73%66,310.41
19655-4.51%63,321.56
196560.10%63,386.71
196572.12%64,729.61
196583.60%67,057.36
196592.50%68,731.67
1965101.08%69,471.21
196511-0.21%69,324.20
1965121.98%70,697.13
19661-0.43%70,392.84
19662-3.86%67,674.03
196633.32%69,921.45
19664-5.01%66,420.08
19665-0.56%66,048.44
196660.02%66,060.59
19667-5.77%62,249.26
19668-3.22%60,241.82
19669-0.56%59,901.81
1966105.32%63,086.23
1966110.72%63,537.79
1966124.13%66,162.09
196713.73%68,629.95
196722.63%70,437.48
196731.99%71,840.93
196742.06%73,319.18
19675-0.99%72,591.98
196761.99%74,038.32
196771.85%75,409.25
196781.65%76,656.45
196790.10%76,731.13
196710-2.88%74,519.94
1967113.11%76,838.80
196712-0.02%76,825.36
19681-4.26%73,554.92
19682-1.56%72,408.03
196837.66%77,955.74
196842.56%79,949.61
196852.94%82,300.68
196860.05%82,340.94
19687-1.93%80,748.53
196883.51%83,580.94
196892.72%85,851.98
1968101.79%87,385.08
1968111.29%88,508.26
196812-3.99%84,981.09
19691-0.24%84,778.35
19692-1.91%83,155.87
196932.27%85,047.05
196943.51%88,035.17
19695-4.97%83,658.66
19696-4.21%80,140.53
19697-0.28%79,913.24
196980.63%80,415.52
196991.35%81,498.25
1969101.00%82,311.16
196911-5.03%78,172.98
196912-0.59%77,712.52
19701-3.20%75,228.75
197022.01%76,742.56
19703-2.75%74,633.90
19704-11.20%66,275.64
19705-0.27%66,096.77
197060.52%66,442.16
197073.26%68,605.37
197086.32%72,942.12
197092.49%74,758.02
1970100.21%74,912.59
1970117.16%80,275.09
1970124.11%83,574.95
197114.15%87,044.20
197122.83%89,509.15
197133.67%92,797.59
19714-1.11%91,769.51
19715-1.60%90,305.00
19716-0.46%89,886.93
19717-1.52%88,523.24
197182.49%90,724.28
19719-1.86%89,033.47
197110-4.37%85,141.35
1971117.16%91,240.54
1971124.42%95,275.69
197212.09%97,264.05
197222.62%99,812.00
197231.26%101,068.53
19724-0.78%100,284.35
197250.52%100,801.91
19726-0.50%100,294.01
197273.78%104,088.82
19728-1.21%102,828.87
197290.42%103,258.11
1972105.25%108,683.50
1972112.31%111,195.74
1972120.99%112,295.87
19731-3.33%108,561.89
19732-1.35%107,101.35
19733-1.63%105,352.06
19734-2.57%102,644.77
19735-1.99%100,602.35
197361.21%101,819.88
19737-1.64%100,154.70
197382.00%102,153.08
197394.24%106,479.59
197310-6.85%99,182.69
197311-6.81%92,433.02
1973121.70%94,004.78
19741-2.47%91,680.17
197424.57%95,874.21
19743-4.82%91,256.30
19744-2.71%88,787.20
197450.46%89,193.16
19746-11.35%79,072.55
19747-3.76%76,095.66
19748-10.01%68,475.75
197492.38%70,103.37
1974103.74%72,727.65
197411-6.09%68,297.20
1974128.63%74,193.15
1975110.81%82,211.59
197524.97%86,300.51
197531.49%87,583.82
197546.71%93,463.00
197552.89%96,168.40
197560.43%96,583.85
19757-7.00%89,826.60
19758-0.85%89,060.67
197594.97%93,488.10
1975102.04%95,396.85
197511-1.18%94,271.51
1975129.55%103,270.00
197614.18%107,584.76
197620.80%108,448.03
197631.10%109,636.02
19764-0.38%109,215.82
197650.90%110,199.39
197662.67%113,136.60
19767-0.56%112,502.33
197682.44%115,245.01
19769-3.11%111,662.95
197610-0.37%111,253.54
1976113.79%115,466.16
197612-0.54%114,845.82
19771-2.37%112,125.58
19772-0.05%112,064.83
19773-1.19%110,727.14
197740.06%110,798.56
197750.90%111,795.49
197761.28%113,229.20
19777-2.08%110,875.60
19778-1.18%109,572.44
19779-2.20%107,164.19
1977100.98%108,215.62
197711-0.08%108,128.90
197712-3.39%104,462.94
19781-0.97%103,447.57
197820.27%103,722.40
197834.83%108,732.18
197845.50%114,717.15
197850.67%115,489.83
19786-0.06%115,417.89
197877.33%123,875.88
197880.40%124,371.00
19789-2.77%120,921.57
197810-5.44%114,346.28
1978111.92%116,544.96
1978124.19%121,422.73
19791-1.06%120,139.34
197922.34%122,952.00
197932.43%125,940.84
19794-1.89%123,556.75
197952.42%126,543.91
197961.42%128,341.90
197975.01%134,777.39
197981.54%136,853.57
19799-3.35%132,265.54
197910-0.32%131,839.07
1979114.40%137,645.25
1979123.31%142,204.70
198014.40%148,455.81
19802-8.78%135,424.61
19803-1.16%133,850.91
198045.04%140,591.83
198056.86%150,240.20
198064.97%157,706.33
198073.50%163,233.44
198082.84%167,862.42
198093.32%173,443.46
1980104.61%181,447.35
198011-1.24%179,188.73
1980120.01%179,206.62
19811-3.07%173,704.67
198124.14%180,901.78
198131.29%183,242.27
19814-1.62%180,278.75
198150.86%181,824.80
19816-2.02%178,158.75
198170.80%179,588.59
19818-8.30%164,677.92
198191.73%167,522.32
1981103.04%172,621.24
1981111.18%174,657.09
198112-4.80%166,266.35
19821-1.91%163,084.18
19822-2.74%158,608.27
198235.47%167,283.06
198240.57%168,235.98
19825-5.27%159,368.90
198260.24%159,757.52
198270.79%161,025.96
1982812.10%180,504.26
198298.88%196,535.56
1982104.50%205,379.50
1982111.36%208,163.42
1982123.93%216,335.40
198312.13%220,943.38
198323.87%229,484.20
198334.20%239,116.54
198344.42%249,695.08
198351.75%254,073.50
198360.71%255,872.67
19837-2.41%249,713.34
198383.31%257,988.43
198390.65%259,660.01
198310-1.14%256,696.19
198311-0.13%256,367.29
1983121.58%260,407.46
19841-5.11%247,094.97
198420.44%248,188.02
198430.51%249,446.83
19844-0.25%248,816.79
19845-1.85%244,217.90
19846-0.91%241,999.31
198479.21%264,279.12
198481.41%267,997.44
19849-0.41%266,892.21
1984101.29%270,324.19
198411-0.71%268,411.49
1984124.70%281,020.30
198515.79%297,283.96
19852-0.48%295,862.00
198531.02%298,893.73
198542.74%307,070.37
198552.51%314,780.81
198562.25%321,854.63
19857-1.85%315,915.41
19858-1.88%309,960.42
198591.50%314,596.08
1985106.42%334,794.77
1985115.29%352,520.53
1985120.75%355,170.53
198615.70%375,405.46
198626.18%398,615.93
198632.74%409,543.69
198640.49%411,557.95
198653.13%424,453.05
19866-1.80%416,796.28
198672.28%426,302.79
19868-2.46%415,831.79
19869-0.09%415,458.07
1986103.53%430,136.00
1986111.71%437,486.76
1986126.67%466,681.88
198716.46%496,838.29
198724.38%518,581.96
19873-0.86%514,140.77
198740.17%515,029.37
198754.50%538,197.67
198763.12%555,000.73
198776.45%590,820.54
19878-3.03%572,916.16
19879-11.85%505,003.33
198710-12.30%442,870.68
198711-1.33%436,959.71
1987124.25%455,515.39
198813.33%470,677.52
198823.23%485,890.09
19883-0.89%481,584.99
19884-2.19%471,046.62
198856.00%499,300.94
19886-0.31%497,768.48
19887-1.72%489,214.41
198881.93%498,642.39
198893.80%517,598.87
198810-2.02%507,142.09
1988112.33%518,937.98
1988123.51%537,166.49
198913.30%554,892.19
19892-0.16%553,995.16
198933.56%573,743.97
198944.12%597,355.27
198953.39%617,621.28
198962.80%634,915.76
198974.69%664,698.09
198980.46%667,726.03
198990.29%669,637.44
198910-1.81%657,493.22
1989112.74%675,486.88
198912-2.21%660,550.34
19901-2.53%643,857.02
199022.71%661,287.30
199030.20%662,583.33
199043.85%688,098.92
199053.17%709,911.36
199060.17%711,116.25
19907-7.86%655,213.79
19908-4.34%626,770.56
19909-2.32%612,256.00
1990102.98%630,524.59
1990114.59%659,444.26
199012-0.69%654,925.94
1991111.61%730,941.72
199123.04%753,196.12
199132.26%770,209.53
19914-0.18%768,831.79
199150.35%771,499.72
199160.78%777,521.16
199172.68%798,350.44
19918-0.30%795,930.63
199190.18%797,376.41
1991100.02%797,502.35
1991110.94%804,960.12
1991127.36%864,189.29
19921-0.60%858,996.84
19922-1.01%850,300.55
199230.26%852,547.92
199242.07%870,181.60
19925-1.33%858,615.82
199261.91%875,033.70
199270.94%883,274.07
199280.38%886,614.50
19929-1.18%876,134.22
1992102.76%900,288.39
1992113.27%929,738.62
1992120.14%931,067.16
199311.72%947,121.06
199322.15%967,485.61
19933-1.34%954,504.42
199340.72%961,421.94
199350.87%969,740.00
199360.06%970,331.57
199371.76%987,433.34
199381.35%1,000,812.78
199391.24%1,013,241.94
1993100.01%1,013,318.39
1993110.89%1,022,308.34
1993121.74%1,040,054.39
19941-0.08%1,039,267.06
19942-1.42%1,024,469.79
19943-3.35%990,187.16
199441.06%1,000,665.74
199451.11%1,011,754.04
19946-0.52%1,006,504.30
199473.08%1,037,525.55
199480.82%1,046,006.96
19949-0.44%1,041,362.62
199410-0.37%1,037,510.79
199411-1.03%1,026,868.97
1994122.45%1,052,039.32
199513.82%1,092,217.69
199522.56%1,120,158.48
199533.22%1,156,177.77
199543.35%1,194,883.82
199553.18%1,232,862.27
199563.55%1,276,597.81
199570.51%1,283,148.35
199583.72%1,330,851.50
199590.91%1,342,996.41
1995102.36%1,374,669.44
1995113.39%1,421,258.89
1995120.16%1,423,569.57
199615.90%1,507,622.72
19962-0.20%1,504,596.96
199630.20%1,507,561.65
199642.35%1,543,062.10
199651.28%1,562,791.59
19966-3.48%1,508,460.13
199673.08%1,554,856.63
199682.02%1,586,322.68
199694.12%1,651,671.21
1996105.05%1,735,114.99
1996111.20%1,755,905.62
1996123.26%1,813,104.95
199714.36%1,892,177.42
19972-0.62%1,880,376.19
19973-3.41%1,816,344.74
199749.22%1,983,772.33
199755.34%2,089,642.79
199765.74%2,209,503.13
199770.35%2,217,187.54
199781.19%2,243,616.59
199791.65%2,280,532.52
199710-1.15%2,254,259.79
1997112.63%2,313,650.90
1997120.24%2,319,136.29
199816.40%2,467,611.07
199825.31%2,598,712.10
199833.41%2,687,215.79
19984-0.22%2,681,254.00
199850.12%2,684,376.51
199864.47%2,804,305.50
19987-6.97%2,608,817.16
19988-4.90%2,481,025.55
199891.29%2,513,052.04
19981010.97%2,788,844.02
1998114.10%2,903,301.11
1998125.05%3,049,850.66
19991-0.07%3,047,816.11
199922.92%3,136,919.31
199934.25%3,270,239.07
19994-0.10%3,267,007.04
19995-0.61%3,247,020.56
199964.52%3,393,863.41
19997-3.77%3,265,765.91
19998-0.60%3,246,236.09
19999-1.27%3,204,928.67
1999107.11%3,432,669.29
1999112.81%3,529,083.73
199912-0.12%3,524,886.49
20001-2.48%3,437,537.08
200023.94%3,573,008.82
200031.42%3,623,912.24
20004-2.84%3,521,036.84
200053.16%3,632,424.14
200060.85%3,663,312.19
200070.94%3,697,736.74
20008-1.08%3,657,814.10
20009-5.21%3,467,087.27
200010-0.77%3,440,301.80
200011-3.32%3,326,081.24
2000120.46%3,341,215.16
20011-2.14%3,269,838.20
20012-9.08%2,972,940.06
200130.45%2,986,279.45
200146.88%3,191,715.56
20015-2.39%3,115,476.57
20016-2.66%3,032,597.82
20017-2.05%2,970,555.74
20018-11.25%2,636,447.69
200193.18%2,720,393.01
2001105.05%2,857,858.45
2001111.47%2,899,756.07
200112-0.30%2,891,123.81
20021-3.35%2,794,191.09
200224.95%2,932,371.41
20023-3.51%2,829,315.20
20024-2.82%2,749,518.01
20025-5.92%2,586,720.19
20026-10.76%2,308,427.92
200271.14%2,334,716.08
20028-4.76%2,223,636.59
20029-1.37%2,193,238.53
2002106.63%2,338,553.23
200211-1.04%2,314,347.77
200212-0.22%2,309,197.94
20031-6.41%2,161,066.68
200321.31%2,189,331.23
200335.29%2,305,056.19
200345.31%2,427,505.66
200355.70%2,565,975.07
200360.60%2,581,265.73
20037-0.17%2,576,972.47
200383.16%2,658,435.23
200392.03%2,712,343.75
2003101.21%2,745,179.01
2003113.06%2,829,286.08
2003124.93%2,968,910.26
200411.09%3,001,172.29
20042-1.57%2,954,198.04
200430.97%2,982,798.72
20044-2.56%2,906,312.20
200452.86%2,989,365.21
20046-2.24%2,922,439.92
20047-1.39%2,881,889.01
200482.78%2,962,081.16
200490.10%2,965,120.12
2004104.77%3,106,671.87
2004112.73%3,191,404.71
200412-1.35%3,148,345.59
200511.68%3,201,275.78
20052-0.26%3,193,093.71
20053-2.41%3,116,174.68
200541.34%3,157,802.74
200552.18%3,226,664.87
200561.81%3,284,996.22
200570.31%3,295,180.31
200580.28%3,304,396.62
20059-2.62%3,217,681.99
2005103.96%3,345,151.82
2005112.14%3,416,876.26
2005121.47%3,466,993.98
20061-0.02%3,466,417.08
200621.49%3,517,932.82
200630.80%3,546,017.58
20064-0.79%3,518,123.34
20065-2.71%3,422,930.21
200660.72%3,447,576.70
200672.29%3,526,586.86
200682.53%3,615,850.89
200693.62%3,746,596.91
2006102.00%3,821,590.41
2006112.15%3,903,688.30
2006120.69%3,930,734.08
200711.60%3,993,470.49
20072-2.47%3,894,676.38
200734.18%4,057,483.97
200743.39%4,195,103.81
200750.34%4,209,572.79
200760.57%4,233,761.82
20077-4.20%4,055,896.92
200783.07%4,180,605.35
200792.99%4,305,673.71
200710-4.81%4,098,729.68
2007111.24%4,149,481.01
200712-6.64%3,874,154.75
20081-1.56%3,813,564.30
20082-2.63%3,713,395.86
200834.24%3,870,985.05
200842.56%3,970,183.07
20085-4.25%3,801,585.99
20086-6.08%3,570,507.67
200872.11%3,645,864.48
20088-4.85%3,469,129.88
20089-20.19%2,768,588.18
200810-8.61%2,530,341.54
200811-0.35%2,521,454.54
200812-1.10%2,493,830.58
20091-6.70%2,326,681.42
20092-5.69%2,194,352.90
2009312.32%2,464,735.58
200946.66%2,628,882.57
200952.87%2,704,301.56
200961.28%2,738,852.86
200978.12%2,961,268.11
200983.65%3,069,364.56
200992.40%3,143,124.72
2009102.09%3,208,951.98
2009112.23%3,280,378.69
2009121.36%3,324,892.37
20101-2.90%3,228,521.25
201025.94%3,420,393.42
201034.09%3,560,216.72
20104-5.88%3,350,790.65
20105-3.54%3,232,053.24
20106-0.16%3,226,911.91
201070.86%3,254,779.90
201083.37%3,364,503.56
201094.58%3,518,511.57
2010102.49%3,606,154.68
2010113.71%3,740,077.75
2010123.46%3,869,566.47
201113.15%3,991,491.24
20112-1.11%3,947,087.46
201132.22%4,034,751.60
201140.66%4,061,350.09
20115-3.66%3,912,599.07
201163.10%4,033,957.55
20117-10.40%3,614,399.87
20118-0.79%3,585,873.40
201193.02%3,694,127.55
2011101.77%3,759,407.30
2011111.55%3,817,856.73
2011124.78%4,000,447.94
201214.16%4,166,970.93
201222.88%4,287,139.59
20123-0.04%4,285,501.46
20124-3.09%4,153,038.66
20125-1.15%4,105,178.58
201262.92%4,225,094.41
201273.39%4,368,227.97
201283.02%4,500,199.39
20129-0.22%4,490,427.89
201210-2.84%4,363,012.27
2012112.18%4,457,931.14
2012124.27%4,648,229.58
201312.33%4,756,673.80
201322.72%4,886,172.05
201331.45%4,957,206.80
201344.57%5,183,962.82
20135-1.12%5,126,017.77
201363.25%5,292,842.85
201370.25%5,306,208.78
201381.19%5,369,483.58
201392.12%5,483,185.08
2013103.86%5,694,835.70
2013111.52%5,781,491.83
2013120.97%5,837,445.55
20141-0.13%5,829,854.77
201422.72%5,988,559.12
201430.20%6,000,639.48
201441.53%6,092,571.36
201453.20%6,287,309.31
201461.50%6,381,356.26
20147-0.43%6,354,111.01
201481.78%6,467,089.25
20149-2.65%6,295,932.32
2014105.71%6,655,156.32
2014110.63%6,697,342.54
201412-1.11%6,622,998.99
201512.83%6,810,257.53
201520.06%6,814,027.93
201530.88%6,873,883.01
201540.98%6,941,171.72
20155-0.44%6,910,942.91
20156-0.08%6,905,439.72
20157-2.42%6,738,024.41
20158-4.51%6,434,335.22
201594.32%6,712,113.15
2015102.93%6,908,943.85
201511-1.10%6,832,740.28
201512-6.42%6,394,104.20
20161-0.55%6,358,942.44
201626.36%6,763,544.62
201632.83%6,955,038.17
20164-0.30%6,933,869.45
201651.07%7,007,818.49
201663.30%7,238,897.02
201671.20%7,325,710.00
20168-0.44%7,293,574.22
20169-0.51%7,256,670.12
2016101.20%7,343,834.38
2016113.95%7,633,619.43
2016121.44%7,743,363.00
201712.58%7,942,866.51
201721.75%8,081,807.65
20173-0.15%8,069,361.33
201741.69%8,205,925.05
201751.78%8,351,697.40
201760.99%8,434,202.49
201770.25%8,455,102.89
201781.65%8,594,887.98
201792.73%8,829,940.90
2017101.59%8,970,298.90
2017112.88%9,228,956.24
2017124.86%9,677,658.70
20181-2.89%9,398,295.04
201820.06%9,404,364.29
20183-1.66%9,247,878.31
201841.96%9,429,286.65
201852.11%9,628,524.62
201861.58%9,780,726.75
201872.45%10,020,433.29
201881.68%10,188,751.29
20189-3.85%9,796,587.66
201810-2.08%9,593,199.89
201811-5.56%9,059,576.98
2018121.74%9,216,818.29
201915.83%9,754,057.65
201921.95%9,944,068.83
201933.72%10,314,308.36
20194-1.53%10,156,314.96
201951.40%10,298,985.71
201963.83%10,693,163.31
20197-3.13%10,357,995.30
201983.09%10,677,563.01
201990.01%10,678,609.70
2019104.43%11,152,066.39
2019112.47%11,427,446.58
2019123.35%11,809,854.37
202010.12%11,824,271.47
20202-18.92%9,587,390.21
202034.32%10,001,432.62
202045.89%10,590,253.49
202056.51%11,279,495.98
202063.48%11,671,620.32
202075.89%12,359,487.83
20208-0.63%12,281,993.51
202091.73%12,493,980.89
2020103.95%12,988,007.46
2020114.26%13,541,307.03
2020122.80%13,919,827.15
202112.49%14,266,643.62
202120.82%14,383,823.79
202136.02%15,249,943.74
202140.76%15,365,878.62
202151.81%15,644,065.99
202163.07%16,124,057.45
202172.19%16,476,394.20
20218-0.08%16,462,471.84
202190.45%16,536,911.20
2021104.74%17,321,545.31
2021110.27%17,367,517.32
202112-2.05%17,011,144.05
20221-2.90%16,517,383.71
20222-0.89%16,369,952.25
202230.12%16,389,318.20
20224-7.87%15,099,031.39
20225-3.37%14,590,286.91
202260.46%14,658,085.83
202276.45%15,603,150.36
20228-7.28%14,467,646.05
20229-3.09%14,020,425.77
2022101.19%14,187,867.28
Click to show 1494 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 1897. This would result in a final amount of $12,207,614.64, including dividend reinvestments. In this particular case, dollar-cost average returns are less than the returns of a lump-sum investment (which ends with $14,187,867.28).

YearMonthContribution ($)Amount ($)
189714.164.12
189724.168.32
189734.1612.12
189744.1616.40
189754.1621.58
189764.1626.96
189774.1633.24
189784.1639.31
189794.1642.19
1897104.1644.85
1897114.1650.21
1897124.1656.02
189814.1660.23
189824.1661.67
189834.1664.90
189844.1673.81
189854.1681.25
189864.1686.00
189874.1693.81
189884.1698.07
189894.16100.39
1898104.16108.32
1898114.16119.80
1898124.32133.92
18991-139.35
18992-141.71
18993-143.86
18994-138.24
18995-135.50
18996-140.57
18997-144.53
18998-143.35
18999-143.06
189910-146.16
189911-136.60
189912-138.81
19001-141.73
19002-143.30
19003-145.57
19004-139.15
19005-135.47
19006-135.96
19007-138.33
19008-135.59
19009-141.04
190010-152.63
190011-162.39
190012-167.71
19011-172.57
19012-179.36
19013-195.02
19014-185.81
19015-204.93
19016-191.81
19017-195.10
19018-194.77
19019-193.21
190110-198.01
190111-195.48
190112-200.31
19021-202.70
19022-203.61
19023-211.23
19024-211.40
19025-210.83
19026-216.27
19027-222.74
19028-223.93
19029-217.53
190210-209.85
190211-205.71
190212-216.89
19031-216.32
19032-208.54
19033-200.75
19034-197.59
19035-187.40
19036-179.53
19037-174.51
19038-171.05
19039-166.26
190310-167.56
190311-176.07
190312-179.80
19041-175.73
19042-175.96
19043-181.08
19044-178.03
19045-179.06
19046-187.24
19047-194.35
19048-203.69
19049-216.40
190410-228.86
190411-231.83
190412-237.62
19051-248.78
19052-256.58
19053-254.21
19054-242.45
19055-246.06
19056-254.54
19057-264.78
19058-266.42
19059-270.96
190510-270.30
190511-277.77
190512-288.18
19061-286.95
19062-280.76
19063-277.79
19064-271.29
19065-275.72
19066-269.51
19067-290.36
19068-300.25
19069-292.22
190610-299.20
190611-297.48
190612-290.02
19071-281.94
19072-255.27
19073-257.53
19074-249.69
19075-242.74
19076-253.12
19077-235.25
19078-233.86
19079-209.56
190710-198.39
190711-209.70
190712-219.81
19081-212.95
19082-222.83
19083-235.99
19084-249.86
19085-251.35
19086-261.71
19087-274.09
19088-272.25
19089-276.72
190810-296.59
190811-304.44
190812-306.57
19091-298.91
19092-304.14
19093-318.94
19094-330.73
19095-337.76
19096-343.79
19097-353.31
19098-354.90
19099-357.54
190910-357.05
190911-362.54
190912-356.08
19101-344.67
19102-354.49
19103-347.28
19104-342.90
19105-327.76
19106-312.55
19107-321.53
19108-325.10
19109-341.47
191010-342.52
191011-334.39
191012-343.97
19111-351.36
19112-348.72
19113-348.69
19114-357.67
19115-366.32
19116-366.29
19117-350.28
19118-332.68
19119-336.10
191110-351.10
191111-354.16
191112-356.07
19121-354.48
19122-366.22
19123-379.19
19124-380.35
19125-381.92
19126-383.90
19127-394.29
19128-397.90
19129-398.70
191210-395.86
191211-383.24
191212-381.61
19131-369.71
19132-364.35
19133-365.59
19134-357.27
19135-340.98
19136-347.27
19137-358.25
19138-363.33
19139-353.54
191310-346.26
191311-347.55
191312-363.54
19141-370.04
19142-364.77
19143-357.70
19144-361.59
19145-361.50
19146-343.16
19147-344.81
19148-346.46
19149-348.10
191410-349.72
191411-336.31
191412-343.85
19151-340.87
19152-351.27
19153-379.35
19154-372.14
19155-378.01
19156-378.26
19157-396.00
19158-412.38
19159-436.94
191510-453.94
191511-456.62
191512-451.12
19161-446.61
19162-446.98
19163-443.98
19164-455.70
19165-462.11
19166-457.73
19167-463.29
19168-484.37
19169-501.58
191610-515.39
191611-497.01
191612-487.71
19171-462.61
19172-479.44
19173-474.77
19174-461.33
19175-473.36
19176-463.00
19177-452.10
19178-433.22
19179-412.67
191710-381.27
191711-371.34
191712-396.87
19181-412.10
19182-406.88
19183-406.04
19184-422.04
19185-425.63
19186-432.06
19187-439.06
19188-439.69
19189-461.27
191810-475.89
191811-469.29
191812-469.15
19191-473.76
19192-491.01
19193-510.16
19194-548.25
19195-565.74
19196-586.98
19197-550.29
19198-561.78
19199-593.27
191910-578.53
191911-564.33
191912-561.43
19201-517.82
19202-557.06
19203-555.38
19204-523.32
19205-517.05
19206-519.23
19207-501.71
19208-522.38
19209-525.89
192010-502.05
192011-459.95
192012-483.08
19211-482.54
19212-473.10
19213-478.01
19214-495.38
19215-458.56
19216-459.99
19217-457.18
19218-471.33
19219-480.56
192110-509.18
192111-530.00
192112-532.05
19221-546.54
19222-569.91
19223-607.41
19224-634.03
19225-631.06
19226-638.56
19227-665.63
19228-686.07
19229-704.35
192210-672.54
192211-674.23
192212-686.71
19231-719.32
19232-734.27
19233-711.91
19234-681.64
19235-659.09
19236-640.39
19237-647.02
19238-654.50
19239-648.38
192310-671.30
192311-697.60
192312-724.05
19241-730.96
19242-720.61
19243-707.74
19244-708.97
19245-726.12
19246-763.56
19247-793.59
19248-789.79
19249-783.42
192410-831.09
192411-879.86
192412-920.20
19251-932.04
19252-911.65
19253-906.11
19254-939.36
19255-960.39
19256-991.33
19257-1,009.04
19258-1,036.72
19259-1,075.36
192510-1,113.28
192511-1,135.95
192512-1,157.83
19261-1,164.29
19262-1,089.98
19263-1,064.31
19264-1,076.59
19265-1,132.76
19266-1,185.49
19267-1,237.57
19268-1,261.62
19269-1,238.48
192610-1,260.00
192611-1,294.09
192612-1,290.97
19271-1,321.61
19272-1,347.60
19273-1,386.38
19274-1,440.02
19275-1,464.53
19276-1,502.97
19277-1,589.02
19278-1,685.37
19279-1,665.72
192710-1,709.97
192711-1,756.44
192712-1,769.93
19281-1,755.27
19282-1,856.13
19283-1,979.79
19284-2,047.79
19285-1,954.31
19286-1,975.63
19287-2,046.57
19288-2,197.49
19289-2,249.30
192810-2,408.60
192811-2,425.34
192812-2,611.91
19291-2,633.10
19292-2,687.10
19293-2,679.00
19294-2,727.13
19295-2,787.18
19296-3,043.60
19297-3,224.92
19298-3,361.79
19299-3,014.69
192910-2,225.12
192911-2,322.43
192912-2,364.84
19301-2,521.80
19302-2,625.75
19303-2,801.35
19304-2,643.03
19305-2,384.82
19306-2,342.85
19307-2,321.86
19308-2,329.83
19309-2,018.30
193010-1,881.07
193011-1,764.67
193012-1,827.44
19311-1,976.17
19312-2,023.21
19313-1,839.51
19314-1,671.01
19315-1,626.25
19316-1,688.97
19317-1,647.00
19318-1,410.35
19319-1,230.53
193110-1,255.81
193111-1,028.51
193112-1,019.78
19321-1,019.30
19322-1,030.93
19323-791.50
19324-701.95
19325-614.96
19326-653.00
19327-988.33
19328-1,090.78
19329-946.62
193210-943.44
193211-918.54
193212-960.51
19331-852.30
19332-855.14
19333-951.28
19334-1,230.18
19335-1,446.48
19336-1,568.88
19337-1,496.05
19338-1,488.81
19339-1,349.21
193310-1,387.00
193311-1,419.20
193312-1,505.56
19341-1,622.22
19342-1,544.38
19343-1,575.57
19344-1,420.74
19345-1,444.93
19346-1,382.00
19347-1,333.43
19348-1,306.64
19349-1,322.43
193410-1,364.89
193411-1,379.35
193412-1,384.93
19351-1,348.66
19352-1,268.69
19353-1,369.39
19354-1,482.58
19355-1,544.45
19356-1,630.94
19357-1,746.81
19358-1,789.32
19359-1,842.74
193510-2,021.69
193511-2,027.63
193512-2,145.67
19361-2,275.10
19362-2,329.96
19363-2,339.63
19364-2,222.18
19365-2,323.82
19366-2,468.70
19367-2,525.42
19368-2,561.88
19369-2,704.08
193610-2,787.95
193611-2,748.92
193612-2,843.99
19371-2,937.90
19372-2,944.66
19373-2,779.03
19374-2,665.48
19375-2,576.50
19376-2,741.23
19377-2,780.62
19378-2,397.93
19379-2,059.88
193710-1,889.62
193711-1,870.36
193712-1,930.89
19381-1,896.08
19382-1,781.97
19383-1,720.61
19384-1,747.38
19385-1,798.64
19386-2,167.12
19387-2,190.04
19388-2,100.59
19389-2,344.62
193810-2,355.54
193811-2,295.46
193812-2,268.78
19391-2,258.40
19392-2,264.42
19393-1,987.23
19394-2,068.63
19395-2,113.55
19396-2,173.50
19397-2,150.29
19398-2,388.03
19399-2,421.06
193910-2,386.97
193911-2,339.87
193912-2,336.40
19401-2,331.07
19402-2,327.68
19403-2,360.73
19404-2,045.78
19405-1,880.19
19406-1,952.94
19407-2,004.69
19408-2,100.07
19409-2,130.85
194010-2,191.59
194011-2,112.91
194012-2,128.13
19411-2,006.31
19412-2,029.92
19413-1,978.24
19414-1,946.83
19415-2,026.77
19416-2,142.55
19417-2,144.17
19418-2,162.66
19419-2,088.39
194110-2,003.12
194111-1,885.30
194112-1,934.62
19421-1,886.66
19422-1,796.81
19423-1,734.75
19424-1,767.21
19425-1,868.79
19426-1,950.68
19427-1,951.55
19428-1,983.99
19429-2,142.09
194210-2,188.25
194211-2,211.35
194212-2,355.18
19431-2,506.70
19432-2,607.34
19433-2,706.06
19434-2,824.14
19435-2,885.70
19436-2,957.04
19437-2,822.83
19438-2,894.89
19439-2,880.41
194310-2,759.25
194311-2,808.09
194312-2,911.03
19441-2,903.93
19442-2,998.03
19443-2,958.80
19444-3,023.98
19445-3,179.48
19446-3,275.47
19447-3,240.90
19448-3,201.19
19449-3,293.50
194410-3,284.14
194411-3,369.54
194412-3,483.57
19451-3,613.62
19452-3,625.00
19453-3,730.17
19454-3,885.38
19455-3,970.36
19456-3,903.05
19457-3,930.63
19458-4,212.83
19459-4,403.00
194510-4,561.77
194511-4,654.13
194512-4,854.21
19461-4,882.64
19462-4,751.89
19463-5,073.56
19464-5,099.85
19465-5,082.57
19466-4,953.09
19467-4,872.68
19468-4,169.92
19469-4,091.85
194610-4,091.31
194611-4,230.18
194612-4,269.09
19471-4,451.37
19472-4,287.89
19473-4,146.47
19474-4,089.98
19475-4,250.34
19476-4,534.84
19477-4,464.15
19478-4,367.41
19479-4,499.61
194710-4,466.76
194711-4,416.63
194712-4,378.43
19481-4,183.65
19482-4,263.93
19483-4,613.04
19484-4,858.92
19485-5,081.81
19486-4,982.36
19487-4,858.37
19488-4,825.44
19489-4,979.29
194810-4,725.31
194811-4,717.84
194812-4,794.71
19491-4,635.16
19492-4,704.29
19493-4,723.75
19494-4,715.11
19495-4,483.47
19496-4,764.29
19497-4,962.98
19498-5,055.85
19499-5,214.69
194910-5,316.24
194911-5,488.57
194912-5,632.92
19501-5,775.02
19502-5,854.44
19503-6,052.68
19504-6,289.61
19505-6,425.76
19506-5,993.72
19507-6,391.56
19508-6,654.16
19509-6,968.33
195010-6,994.53
195011-7,008.15
195012-7,569.69
19511-7,895.85
19512-7,808.02
19513-7,958.43
19514-8,008.45
19515-7,916.75
19516-8,104.11
19517-8,506.50
19518-8,773.24
19519-8,775.74
195110-8,577.98
195111-8,887.92
195112-9,228.67
19521-9,105.74
19522-9,174.01
19523-9,192.63
19524-9,234.90
19525-9,534.56
19526-9,855.57
19527-9,942.35
19528-9,832.12
19529-9,673.74
195210-10,028.52
195211-10,480.71
195212-10,584.35
19531-10,502.48
19532-10,603.00
19533-10,128.74
19534-10,230.31
19535-9,912.38
19536-10,102.08
19537-10,192.88
19538-9,774.27
19539-10,118.00
195310-10,392.02
195311-10,582.90
195312-10,902.91
19541-11,194.71
19542-11,483.80
19543-11,994.89
19544-12,525.37
19545-12,678.56
19546-13,243.68
19547-13,560.77
19548-13,932.31
19549-14,309.97
195410-14,925.61
195411-15,664.92
195412-16,004.62
19551-16,597.55
19552-16,525.11
19553-17,154.43
19554-17,140.92
19555-18,194.25
19556-19,585.04
19557-19,526.42
19558-20,466.90
19559-19,499.87
195510-20,877.76
195511-21,136.05
195512-20,631.37
19561-20,827.25
19562-22,328.08
19563-22,659.15
19564-22,015.97
19565-21,958.29
19566-23,220.64
19567-23,154.53
19568-22,439.32
19569-22,225.34
195610-22,066.99
195611-22,466.17
195612-22,047.71
19571-21,166.74
19572-21,509.75
19573-22,078.48
19574-22,996.98
19575-23,446.39
19576-23,990.84
19577-22,742.09
19578-21,891.66
19579-20,600.79
195710-20,229.89
195711-20,294.23
195712-20,766.82
19581-20,912.58
19582-21,418.44
19583-21,610.45
19584-22,379.31
19585-22,991.43
19586-23,697.44
19587-24,658.21
19588-25,384.08
19589-26,490.57
195810-27,371.72
195811-27,963.61
195812-29,153.38
19591-28,784.58
19592-29,592.32
19593-30,165.36
19594-30,697.90
19595-30,511.79
19596-31,801.70
19597-31,700.41
19598-30,526.47
19599-30,580.43
195910-30,785.04
195911-31,851.16
195912-31,377.93
19601-30,245.42
19602-29,919.33
19603-30,393.34
19604-30,203.52
19605-31,408.06
19606-30,718.30
19607-31,176.27
19608-30,328.04
19609-29,820.36
196010-30,876.25
196011-31,707.02
196012-33,427.74
19611-34,889.91
19612-36,075.14
19613-37,128.17
19614-37,597.23
19615-37,191.11
19616-37,180.72
19617-38,608.07
19618-38,398.93
19619-38,914.65
196110-40,771.68
196111-41,245.86
196112-39,807.56
19621-40,567.68
19622-40,706.02
19623-39,507.25
19624-36,668.62
19625-32,483.72
19626-33,366.42
19627-34,375.10
19628-34,171.14
19629-33,195.10
196210-35,585.44
196211-37,230.82
196212-38,774.68
19631-39,393.34
19632-39,350.68
19633-41,309.63
19634-42,247.18
19635-42,338.70
19636-41,821.37
19637-43,089.03
19638-44,335.86
19639-44,557.49
196310-44,420.89
196311-45,484.04
196312-46,998.74
19641-47,694.28
19642-48,682.05
19643-49,506.29
19644-50,110.44
19645-49,934.72
19646-51,912.65
19647-51,276.38
19648-52,284.19
19649-53,314.29
196410-53,813.81
196411-53,011.81
196412-54,507.16
19651-55,038.64
19652-55,223.34
19653-56,083.52
19654-57,055.22
19655-54,483.54
19656-54,539.60
19657-55,695.06
19658-57,697.92
19659-59,138.54
196510-59,774.86
196511-59,648.37
196512-60,829.67
19661-60,567.85
19662-58,228.52
19663-60,162.26
19664-57,149.59
19665-56,829.82
19666-56,840.27
19667-53,560.90
19668-51,833.65
19669-51,541.09
196610-54,281.05
196611-54,669.59
196612-56,927.60
19671-59,051.01
19672-60,606.26
19673-61,813.82
19674-63,085.76
19675-62,460.05
19676-63,704.52
19677-64,884.11
19678-65,957.23
19679-66,021.48
196710-64,118.92
196711-66,114.13
196712-66,102.57
19681-63,288.59
19682-62,301.78
19683-67,075.17
19684-68,790.75
19685-70,813.67
19686-70,848.32
19687-69,478.17
19688-71,915.24
19689-73,869.30
196810-75,188.43
196811-76,154.84
196812-73,119.96
19691-72,945.53
19692-71,549.50
19693-73,176.72
19694-75,747.78
19695-71,982.11
19696-68,955.03
19697-68,759.46
19698-69,191.63
19699-70,123.24
196910-70,822.69
196911-67,262.09
196912-66,865.90
19701-64,728.80
19702-66,031.32
19703-64,216.98
19704-57,025.30
19705-56,871.40
19706-57,168.58
19707-59,029.87
19708-62,761.32
19709-64,323.77
197010-64,456.77
197011-69,070.81
197012-71,910.08
19711-74,895.12
19712-77,016.03
19713-79,845.49
19714-78,960.91
19715-77,700.80
19716-77,341.08
19717-76,167.72
19718-78,061.56
19719-76,606.74
197110-73,257.86
197111-78,505.76
197112-81,977.71
19721-83,688.55
19722-85,880.87
19723-86,962.02
19724-86,287.29
19725-86,732.62
19726-86,295.61
19727-89,560.76
19728-88,476.67
19729-88,845.99
197210-93,514.15
197211-95,675.74
197212-96,622.32
19731-93,409.51
19732-92,152.83
19733-90,647.69
19734-88,318.26
19735-86,560.91
19736-87,608.51
19737-86,175.74
19738-87,895.20
19739-91,617.84
197310-85,339.40
197311-79,531.81
197312-80,884.19
19741-78,884.04
19742-82,492.70
19743-78,519.32
19744-76,394.84
19745-76,744.14
19746-68,036.10
19747-65,474.71
19748-58,918.34
19749-60,318.79
197410-62,576.78
197411-58,764.71
197412-63,837.74
19751-70,737.02
19752-74,255.23
19753-75,359.43
19754-80,418.03
19755-82,745.83
19756-83,103.29
19757-77,289.17
19758-76,630.14
19759-80,439.63
197510-82,081.96
197511-81,113.69
197512-88,856.22
19761-92,568.76
19762-93,311.54
19763-94,333.72
19764-93,972.16
19765-94,818.46
19766-97,345.71
19767-96,799.97
19768-99,159.84
19769-96,077.74
197610-95,725.48
197611-99,350.13
197612-98,816.37
19771-96,475.80
19772-96,423.53
19773-95,272.55
19774-95,334.00
19775-96,191.79
19776-97,425.39
19777-95,400.28
19778-94,279.01
19779-92,206.89
197710-93,111.57
197711-93,036.95
197712-89,882.67
19781-89,009.02
19782-89,245.48
19783-93,556.03
19784-98,705.66
19785-99,370.49
19786-99,308.60
19787-106,586.07
19788-107,012.09
19789-104,044.10
197810-98,386.55
197811-100,278.35
197812-104,475.31
19791-103,371.06
19792-105,791.14
19793-108,362.82
19794-106,311.48
19795-108,881.71
19796-110,428.75
19797-115,966.02
19798-117,752.42
19799-113,804.75
197910-113,437.80
197911-118,433.60
197912-122,356.67
19801-127,735.29
19802-116,522.90
19803-115,168.85
19804-120,968.91
19805-129,270.63
19806-135,694.68
19807-140,450.35
19808-144,433.25
19809-149,235.32
198010-156,122.08
198011-154,178.70
198012-154,194.10
19811-149,460.07
19812-155,652.65
19813-157,666.48
19814-155,116.58
19815-156,446.85
19816-153,292.48
19817-154,522.76
19818-141,693.22
19819-144,140.61
198110-148,527.86
198111-150,279.56
198112-143,059.95
19821-140,321.93
19822-136,470.73
19823-143,934.75
19824-144,754.67
19825-137,125.20
19826-137,459.58
19827-138,550.97
19828-155,310.62
19829-169,104.38
198210-176,713.93
198211-179,109.29
198212-186,140.68
19831-190,105.50
19832-197,454.24
19833-205,742.17
19834-214,844.22
19835-218,611.53
19836-220,159.59
19837-214,859.94
19838-221,980.04
19839-223,418.31
198310-220,868.16
198311-220,585.17
198312-224,061.44
19841-212,607.02
19842-213,547.51
19843-214,630.62
19844-214,088.52
19845-210,131.51
19846-208,222.58
19847-227,392.71
19848-230,592.06
19849-229,641.09
198410-232,594.05
198411-230,948.31
198412-241,797.27
19851-255,790.95
19852-254,567.46
19853-257,176.04
19854-264,211.44
19855-270,845.70
19856-276,932.20
19857-271,821.94
19858-266,698.11
19859-270,686.75
198510-288,066.24
198511-303,317.95
198512-305,598.07
19861-323,008.75
19862-342,979.64
19863-352,382.17
19864-354,115.30
19865-365,210.58
19866-358,622.50
19867-366,802.15
19868-357,792.62
19869-357,471.07
198610-370,100.34
198611-376,425.13
198612-401,545.38
19871-427,492.75
19872-446,201.58
19873-442,380.26
19874-443,144.83
19875-463,079.45
19876-477,537.24
19877-508,357.55
19878-492,952.15
19879-434,518.17
198710-381,057.60
198711-375,971.64
198712-391,937.44
19881-404,983.33
19882-418,072.63
19883-414,368.41
19884-405,300.92
19885-429,611.68
19886-428,293.11
19887-420,932.96
19888-429,045.05
19889-445,355.70
198810-436,358.41
198811-446,507.90
198812-462,192.20
19891-477,443.86
19892-476,672.02
19893-493,664.42
19894-513,980.21
19895-531,417.61
19896-546,298.24
19897-571,923.74
19898-574,529.06
19899-576,173.69
198910-565,724.48
198911-581,206.70
198912-568,354.91
19901-553,991.54
19902-568,989.01
19903-570,104.15
19904-592,058.43
19905-610,826.43
19906-611,863.15
19907-563,763.20
19908-539,289.90
19909-526,801.19
199010-542,519.96
199011-567,403.21
199012-563,515.53
19911-628,921.50
19912-648,069.78
19913-662,708.56
19914-661,523.12
19915-663,818.67
19916-668,999.69
19917-686,921.74
19918-684,839.68
19919-686,083.66
199110-686,192.03
199111-692,608.88
199112-743,571.22
19921-739,103.51
19922-731,620.98
19923-733,554.68
19924-748,727.17
19925-738,775.66
19926-752,902.04
19927-759,992.27
19928-762,866.46
19929-753,848.96
199210-774,631.84
199211-799,971.60
199212-801,114.70
19931-814,927.90
19932-832,450.10
19933-821,280.74
19934-827,232.76
19935-834,389.83
19936-834,898.84
19937-849,613.65
19938-861,125.67
19939-871,820.05
199310-871,885.83
199311-879,621.02
199312-894,890.19
19941-894,212.75
19942-881,480.78
19943-851,983.11
19944-860,999.15
19945-870,539.82
19946-866,022.81
19947-892,714.31
19948-900,011.93
19949-896,015.82
199410-892,701.60
199411-883,545.11
199412-905,202.34
19951-939,772.86
19952-963,813.85
19953-994,805.80
19954-1,028,109.51
19955-1,060,787.17
19956-1,098,418.38
19957-1,104,054.63
19958-1,145,099.67
19959-1,155,549.48
199510-1,182,801.79
199511-1,222,888.58
199512-1,224,876.75
19961-1,297,198.29
19962-1,294,594.85
19963-1,297,145.75
19964-1,327,691.27
19965-1,344,667.04
19966-1,297,918.82
19967-1,337,839.59
19968-1,364,913.81
19969-1,421,141.41
199610-1,492,938.63
199611-1,510,827.43
199612-1,560,043.24
19971-1,628,079.28
19972-1,617,925.19
19973-1,562,830.85
19974-1,706,889.95
19975-1,797,983.69
19976-1,901,114.68
19977-1,907,726.55
19978-1,930,466.80
19979-1,962,230.24
199710-1,939,624.49
199711-1,990,726.16
199712-1,995,445.94
19981-2,123,197.55
19982-2,236,000.33
19983-2,312,151.24
19984-2,307,021.56
19985-2,309,708.24
19986-2,412,898.30
19987-2,244,694.99
19988-2,134,739.72
19989-2,162,296.15
199810-2,399,594.84
199811-2,498,076.73
199812-2,624,171.83
19991-2,622,421.24
19992-2,699,087.98
19993-2,813,799.82
19994-2,811,018.89
19995-2,793,822.00
19996-2,920,169.45
19997-2,809,951.00
19998-2,793,147.02
19999-2,757,605.03
199910-2,953,559.06
199911-3,036,516.58
199912-3,032,905.17
20001-2,957,747.43
20002-3,074,310.89
20003-3,118,109.53
20004-3,029,592.82
20005-3,125,433.39
20006-3,152,010.28
20007-3,181,630.07
20008-3,147,279.58
20009-2,983,173.19
200010-2,960,126.27
200011-2,861,847.89
200012-2,874,869.52
20011-2,813,454.90
20012-2,557,995.92
20013-2,569,473.48
20014-2,746,236.12
20015-2,680,638.09
20016-2,609,327.03
20017-2,555,944.39
20018-2,268,469.02
20019-2,340,697.79
200110-2,458,976.67
200111-2,495,026.49
200112-2,487,599.06
20021-2,404,195.60
20022-2,523,089.58
20023-2,434,417.31
20024-2,365,757.70
20025-2,225,682.17
20026-1,986,232.17
20027-2,008,851.20
20028-1,913,275.48
20029-1,887,120.19
200210-2,012,152.79
200211-1,991,325.77
200212-1,986,894.72
20031-1,859,438.68
20032-1,883,758.25
20033-1,983,331.05
20034-2,088,689.80
20035-2,207,832.52
20036-2,220,989.01
20037-2,217,294.97
20038-2,287,387.68
20039-2,333,771.99
200310-2,362,024.31
200311-2,434,392.26
200312-2,554,528.57
20041-2,582,287.67
20042-2,541,869.79
20043-2,566,478.57
20044-2,500,667.56
20045-2,572,128.56
20046-2,514,544.27
20047-2,479,653.20
20048-2,548,652.64
20049-2,551,267.44
200410-2,673,062.29
200411-2,745,968.66
200412-2,708,919.46
20051-2,754,461.99
20052-2,747,421.92
20053-2,681,238.76
20054-2,717,056.64
20055-2,776,307.43
20056-2,826,497.26
20057-2,835,259.92
20058-2,843,189.87
20059-2,768,578.32
200510-2,878,256.73
200511-2,939,970.32
200512-2,983,092.93
20061-2,982,596.55
20062-3,026,922.04
20063-3,051,086.91
20064-3,027,085.97
20065-2,945,179.30
20066-2,966,385.78
20067-3,034,368.20
20068-3,111,173.33
20069-3,223,670.65
200610-3,288,197.03
200611-3,358,836.21
200612-3,382,107.12
20071-3,436,087.18
20072-3,351,082.12
20073-3,491,166.07
20074-3,609,577.80
20075-3,622,027.29
20076-3,642,840.17
20077-3,489,800.53
20078-3,597,102.94
20079-3,704,715.05
200710-3,526,654.96
200711-3,570,322.74
200712-3,333,424.78
20081-3,281,291.16
20082-3,195,103.59
20083-3,330,697.48
20084-3,416,050.07
20085-3,270,984.70
20086-3,072,158.83
20087-3,136,997.81
20088-2,984,930.71
20089-2,382,166.19
200810-2,177,172.50
200811-2,169,525.89
200812-2,145,757.51
20091-2,001,937.97
20092-1,888,079.02
20093-2,120,723.40
20094-2,261,959.80
20095-2,326,852.28
20096-2,356,581.13
20097-2,547,953.07
20098-2,640,962.10
20099-2,704,427.28
200910-2,761,066.80
200911-2,822,524.21
200912-2,860,824.96
20101-2,777,904.71
20102-2,942,996.58
20103-3,063,304.22
20104-2,883,108.52
20105-2,780,943.72
20106-2,776,519.99
20107-2,800,498.34
20108-2,894,907.46
20109-3,027,420.02
201010-3,102,830.46
201011-3,218,061.39
201012-3,329,476.90
20111-3,434,384.18
20112-3,396,178.00
20113-3,471,606.53
20114-3,494,492.57
20115-3,366,503.28
20116-3,470,923.31
20117-3,109,924.83
20118-3,085,379.91
20119-3,178,524.63
201110-3,234,693.05
201111-3,284,984.47
201112-3,442,090.76
20121-3,585,371.53
20122-3,688,767.81
20123-3,687,358.32
20124-3,573,383.83
20125-3,532,203.76
20126-3,635,382.50
20127-3,758,538.38
20128-3,872,090.07
20129-3,863,682.42
201210-3,754,050.66
201211-3,835,721.35
201212-3,999,459.15
20131-4,092,767.40
20132-4,204,191.11
20133-4,265,311.28
20134-4,460,418.13
20135-4,410,560.69
20136-4,554,101.38
20137-4,565,601.77
20138-4,620,045.08
20139-4,717,876.84
201310-4,899,986.61
201311-4,974,547.82
201312-5,022,691.88
20141-5,016,160.58
20142-5,152,713.98
20143-5,163,108.24
20144-5,242,208.85
20145-5,409,766.50
20146-5,490,686.98
20147-5,467,244.45
20148-5,564,453.90
20149-5,417,185.97
201410-5,726,271.77
201411-5,762,569.90
201412-5,698,602.75
20151-5,859,724.93
20152-5,862,969.08
20153-5,914,469.96
20154-5,972,366.94
20155-5,946,357.28
20156-5,941,622.19
20157-5,797,573.65
20158-5,536,271.47
20159-5,775,278.91
201510-5,944,637.23
201511-5,879,069.68
201512-5,501,655.64
20161-5,471,401.54
20162-5,819,531.91
20163-5,984,298.00
20164-5,966,083.88
20165-6,029,711.58
20166-6,228,537.64
20167-6,303,233.81
20168-6,275,583.34
20169-6,243,830.08
201610-6,318,828.51
201611-6,568,167.19
201612-6,662,593.45
20171-6,834,251.52
20172-6,953,800.14
20173-6,943,091.00
20174-7,060,594.02
20175-7,186,020.38
20176-7,257,009.94
20177-7,274,993.19
20178-7,395,267.96
20179-7,597,513.69
201710-7,718,281.41
201711-7,940,836.99
201712-8,326,912.41
20181-8,086,540.56
20182-8,091,762.70
20183-7,957,118.04
20184-8,113,206.55
20185-8,284,636.15
20186-8,415,594.87
20187-8,621,844.69
20188-8,766,669.93
20189-8,429,242.02
201810-8,254,241.82
201811-7,795,098.62
201812-7,930,393.19
20191-8,392,648.08
20192-8,556,138.70
20193-8,874,702.54
20194-8,738,760.86
20195-8,861,518.53
20196-9,200,679.31
20197-8,912,291.93
20198-9,187,256.41
20199-9,188,157.01
201910-9,595,531.62
201911-9,832,475.98
201912-10,161,509.71
20201-10,173,914.56
20202-8,249,243.02
20203-8,605,496.01
20204-9,112,133.00
20205-9,705,175.39
20206-10,042,569.49
20207-10,634,428.81
20208-10,567,750.67
20209-10,750,150.19
202010-11,175,223.66
202011-11,651,297.18
202012-11,976,985.86
20211-12,275,395.88
20212-12,376,220.79
20213-13,121,453.20
20214-13,221,206.63
20215-13,460,566.36
20216-13,873,563.66
20217-14,176,723.48
20218-14,164,744.32
20219-14,228,793.90
202110-14,903,913.75
202111-14,943,469.28
202112-14,636,836.33
20221-14,211,991.93
20222-14,085,138.02
20223-14,101,801.00
20224-12,991,604.24
20225-12,553,867.09
20226-12,612,203.07
20227-13,425,361.48
20228-12,448,343.67
20229-12,063,543.56
202210-12,207,614.64
Click to show 1494 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 1897 to 2022
Start Value
Average monthly close
$4.22
End Value
Average monthly close
$4,573.82
Change in price+108,284.25%
+5.75% / yr
Change incl. dividends+14,187,767.28%
+9.89% / yr
Change incl. dividends, inflation-adjusted+402,281.52%
+6.82% / yr
Final amount, nominal
($100 base)
$14,187,867.28
Final amount, inflation-adjusted
($100 base)
$402,381.52