If you invested $60 in the S&P 500 at the beginning of 1965, you would have about $16,293.70 at the end of 2023, assuming you reinvested all dividends. This is a return on investment of 27,056.17%, or 10.02% per year.
This lump-sum investment beats inflation during this period for an inflation-adjusted return of about 2,707.39% cumulatively, or 5.85% per year.
If you used dollar-cost averaging (monthly) instead of a lump-sum investment, you'd have $15,718.05.
The graph below shows the performance of $60 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:
The nominal return on investment of $60 is $16,233.70, or 27,056.17%. This means by 2023 you would have $16,293.70 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 1965 was 31.500 and the CPI in 2023 was 304.702.
The ratio between these CPIs describes how relative buying power of a dollar has changed over 58 years.
Adjusted for inflation, the $16,293.70 nominal end value of the original $60 investment would have a real return of roughly $1,624.44 in 1965 dollars. This means the inflation-adjusted return is 2,707.39% as opposed to the original 27,056.17%.
For more information on inflation, see our U.S. inflation calculator for 1965.
The table below shows the full dataset pertaining to a $60 investment, including gains and losses over the 704-month period between 1965 and 2023.
Note that data shown is the monthly average closing price. Returns include dividends.
Year | Month | Return (%) | Amount ($) | CPI |
---|---|---|---|---|
1965 | 1 | 0.98% | 60.59 | 31.20 |
1965 | 2 | 0.34% | 60.79 | 31.20 |
1965 | 3 | 1.56% | 61.74 | 31.30 |
1965 | 4 | 1.73% | 62.80 | 31.40 |
1965 | 5 | -4.51% | 59.97 | 31.40 |
1965 | 6 | 0.10% | 60.04 | 31.60 |
1965 | 7 | 2.12% | 61.31 | 31.60 |
1965 | 8 | 3.60% | 63.51 | 31.60 |
1965 | 9 | 2.50% | 65.10 | 31.60 |
1965 | 10 | 1.08% | 65.80 | 31.70 |
1965 | 11 | -0.21% | 65.66 | 31.70 |
1965 | 12 | 1.98% | 66.96 | 31.80 |
1966 | 1 | -0.43% | 66.67 | 31.80 |
1966 | 2 | -3.86% | 64.10 | 32.00 |
1966 | 3 | 3.32% | 66.22 | 32.10 |
1966 | 4 | -5.01% | 62.91 | 32.30 |
1966 | 5 | -0.56% | 62.56 | 32.30 |
1966 | 6 | 0.02% | 62.57 | 32.40 |
1966 | 7 | -5.77% | 58.96 | 32.50 |
1966 | 8 | -3.22% | 57.06 | 32.70 |
1966 | 9 | -0.56% | 56.74 | 32.70 |
1966 | 10 | 5.32% | 59.75 | 32.90 |
1966 | 11 | 0.72% | 60.18 | 32.90 |
1966 | 12 | 4.13% | 62.66 | 32.90 |
1967 | 1 | 3.73% | 65.00 | 32.90 |
1967 | 2 | 2.63% | 66.71 | 32.90 |
1967 | 3 | 1.99% | 68.04 | 33.00 |
1967 | 4 | 2.06% | 69.44 | 33.10 |
1967 | 5 | -0.99% | 68.75 | 33.20 |
1967 | 6 | 1.99% | 70.12 | 33.30 |
1967 | 7 | 1.85% | 71.42 | 33.40 |
1967 | 8 | 1.65% | 72.60 | 33.50 |
1967 | 9 | 0.10% | 72.67 | 33.60 |
1967 | 10 | -2.88% | 70.58 | 33.70 |
1967 | 11 | 3.11% | 72.78 | 33.80 |
1967 | 12 | -0.02% | 72.76 | 33.90 |
1968 | 1 | -4.26% | 69.67 | 34.10 |
1968 | 2 | -1.56% | 68.58 | 34.20 |
1968 | 3 | 7.66% | 73.83 | 34.30 |
1968 | 4 | 2.56% | 75.72 | 34.40 |
1968 | 5 | 2.94% | 77.95 | 34.50 |
1968 | 6 | 0.05% | 77.99 | 34.70 |
1968 | 7 | -1.93% | 76.48 | 34.90 |
1968 | 8 | 3.51% | 79.16 | 35.00 |
1968 | 9 | 2.72% | 81.31 | 35.10 |
1968 | 10 | 1.79% | 82.77 | 35.30 |
1968 | 11 | 1.29% | 83.83 | 35.40 |
1968 | 12 | -3.99% | 80.49 | 35.50 |
1969 | 1 | -0.24% | 80.30 | 35.60 |
1969 | 2 | -1.91% | 78.76 | 35.80 |
1969 | 3 | 2.27% | 80.55 | 36.10 |
1969 | 4 | 3.51% | 83.38 | 36.30 |
1969 | 5 | -4.97% | 79.24 | 36.40 |
1969 | 6 | -4.21% | 75.90 | 36.60 |
1969 | 7 | -0.28% | 75.69 | 36.80 |
1969 | 8 | 0.63% | 76.16 | 37.00 |
1969 | 9 | 1.35% | 77.19 | 37.10 |
1969 | 10 | 1.00% | 77.96 | 37.30 |
1969 | 11 | -5.03% | 74.04 | 37.50 |
1969 | 12 | -0.59% | 73.60 | 37.70 |
1970 | 1 | -3.20% | 71.25 | 37.80 |
1970 | 2 | 2.01% | 72.69 | 38.00 |
1970 | 3 | -2.75% | 70.69 | 38.20 |
1970 | 4 | -11.20% | 62.77 | 38.50 |
1970 | 5 | -0.27% | 62.60 | 38.60 |
1970 | 6 | 0.52% | 62.93 | 38.80 |
1970 | 7 | 3.26% | 64.98 | 39.00 |
1970 | 8 | 6.32% | 69.09 | 39.00 |
1970 | 9 | 2.49% | 70.81 | 39.20 |
1970 | 10 | 0.21% | 70.95 | 39.40 |
1970 | 11 | 7.16% | 76.03 | 39.60 |
1970 | 12 | 4.11% | 79.16 | 39.80 |
1971 | 1 | 4.15% | 82.44 | 39.80 |
1971 | 2 | 2.83% | 84.78 | 39.90 |
1971 | 3 | 3.67% | 87.89 | 40.00 |
1971 | 4 | -1.11% | 86.92 | 40.10 |
1971 | 5 | -1.60% | 85.53 | 40.30 |
1971 | 6 | -0.46% | 85.13 | 40.60 |
1971 | 7 | -1.52% | 83.84 | 40.70 |
1971 | 8 | 2.49% | 85.93 | 40.80 |
1971 | 9 | -1.86% | 84.33 | 40.80 |
1971 | 10 | -4.37% | 80.64 | 40.90 |
1971 | 11 | 7.16% | 86.42 | 40.90 |
1971 | 12 | 4.42% | 90.24 | 41.10 |
1972 | 1 | 2.09% | 92.12 | 41.10 |
1972 | 2 | 2.62% | 94.54 | 41.30 |
1972 | 3 | 1.26% | 95.73 | 41.40 |
1972 | 4 | -0.78% | 94.98 | 41.50 |
1972 | 5 | 0.52% | 95.47 | 41.60 |
1972 | 6 | -0.50% | 94.99 | 41.70 |
1972 | 7 | 3.78% | 98.59 | 41.90 |
1972 | 8 | -1.21% | 97.39 | 42.00 |
1972 | 9 | 0.42% | 97.80 | 42.10 |
1972 | 10 | 5.25% | 102.94 | 42.30 |
1972 | 11 | 2.31% | 105.32 | 42.40 |
1972 | 12 | 0.99% | 106.36 | 42.50 |
1973 | 1 | -3.33% | 102.82 | 42.60 |
1973 | 2 | -1.35% | 101.44 | 42.90 |
1973 | 3 | -1.63% | 99.78 | 43.30 |
1973 | 4 | -2.57% | 97.22 | 43.60 |
1973 | 5 | -1.99% | 95.28 | 43.90 |
1973 | 6 | 1.21% | 96.44 | 44.20 |
1973 | 7 | -1.64% | 94.86 | 44.30 |
1973 | 8 | 2.00% | 96.75 | 45.10 |
1973 | 9 | 4.24% | 100.85 | 45.20 |
1973 | 10 | -6.85% | 93.94 | 45.60 |
1973 | 11 | -6.81% | 87.55 | 45.90 |
1973 | 12 | 1.70% | 89.04 | 46.20 |
1974 | 1 | -2.47% | 86.83 | 46.60 |
1974 | 2 | 4.57% | 90.81 | 47.20 |
1974 | 3 | -4.82% | 86.43 | 47.80 |
1974 | 4 | -2.71% | 84.09 | 48.00 |
1974 | 5 | 0.46% | 84.48 | 48.60 |
1974 | 6 | -11.35% | 74.89 | 49.00 |
1974 | 7 | -3.76% | 72.07 | 49.40 |
1974 | 8 | -10.01% | 64.86 | 50.00 |
1974 | 9 | 2.38% | 66.40 | 50.60 |
1974 | 10 | 3.74% | 68.88 | 51.10 |
1974 | 11 | -6.09% | 64.69 | 51.50 |
1974 | 12 | 8.63% | 70.27 | 51.90 |
1975 | 1 | 10.81% | 77.87 | 52.10 |
1975 | 2 | 4.97% | 81.74 | 52.50 |
1975 | 3 | 1.49% | 82.95 | 52.70 |
1975 | 4 | 6.71% | 88.52 | 52.90 |
1975 | 5 | 2.89% | 91.08 | 53.20 |
1975 | 6 | 0.43% | 91.48 | 53.60 |
1975 | 7 | -7.00% | 85.08 | 54.20 |
1975 | 8 | -0.85% | 84.35 | 54.30 |
1975 | 9 | 4.97% | 88.55 | 54.60 |
1975 | 10 | 2.04% | 90.35 | 54.90 |
1975 | 11 | -1.18% | 89.29 | 55.30 |
1975 | 12 | 9.55% | 97.81 | 55.50 |
1976 | 1 | 4.18% | 101.90 | 55.60 |
1976 | 2 | 0.80% | 102.71 | 55.80 |
1976 | 3 | 1.10% | 103.84 | 55.90 |
1976 | 4 | -0.38% | 103.44 | 56.10 |
1976 | 5 | 0.90% | 104.37 | 56.50 |
1976 | 6 | 2.67% | 107.16 | 56.80 |
1976 | 7 | -0.56% | 106.55 | 57.10 |
1976 | 8 | 2.44% | 109.15 | 57.40 |
1976 | 9 | -3.11% | 105.76 | 57.60 |
1976 | 10 | -0.37% | 105.37 | 57.90 |
1976 | 11 | 3.79% | 109.36 | 58.00 |
1976 | 12 | -0.54% | 108.77 | 58.20 |
1977 | 1 | -2.37% | 106.20 | 58.50 |
1977 | 2 | -0.05% | 106.14 | 59.10 |
1977 | 3 | -1.19% | 104.87 | 59.50 |
1977 | 4 | 0.06% | 104.94 | 60.00 |
1977 | 5 | 0.90% | 105.89 | 60.30 |
1977 | 6 | 1.28% | 107.24 | 60.70 |
1977 | 7 | -2.08% | 105.01 | 61.00 |
1977 | 8 | -1.18% | 103.78 | 61.20 |
1977 | 9 | -2.20% | 101.50 | 61.40 |
1977 | 10 | 0.98% | 102.49 | 61.60 |
1977 | 11 | -0.08% | 102.41 | 61.90 |
1977 | 12 | -3.39% | 98.94 | 62.10 |
1978 | 1 | -0.97% | 97.98 | 62.50 |
1978 | 2 | 0.27% | 98.24 | 62.90 |
1978 | 3 | 4.83% | 102.98 | 63.40 |
1978 | 4 | 5.50% | 108.65 | 63.90 |
1978 | 5 | 0.67% | 109.38 | 64.50 |
1978 | 6 | -0.06% | 109.32 | 65.20 |
1978 | 7 | 7.33% | 117.33 | 65.70 |
1978 | 8 | 0.40% | 117.80 | 66.00 |
1978 | 9 | -2.77% | 114.53 | 66.50 |
1978 | 10 | -5.44% | 108.30 | 67.10 |
1978 | 11 | 1.92% | 110.38 | 67.40 |
1978 | 12 | 4.19% | 115.00 | 67.70 |
1979 | 1 | -1.06% | 113.79 | 68.30 |
1979 | 2 | 2.34% | 116.45 | 69.10 |
1979 | 3 | 2.43% | 119.28 | 69.80 |
1979 | 4 | -1.89% | 117.02 | 70.60 |
1979 | 5 | 2.42% | 119.85 | 71.50 |
1979 | 6 | 1.42% | 121.56 | 72.30 |
1979 | 7 | 5.01% | 127.65 | 73.10 |
1979 | 8 | 1.54% | 129.62 | 73.80 |
1979 | 9 | -3.35% | 125.27 | 74.60 |
1979 | 10 | -0.32% | 124.87 | 75.20 |
1979 | 11 | 4.40% | 130.37 | 75.90 |
1979 | 12 | 3.31% | 134.69 | 76.70 |
1980 | 1 | 4.40% | 140.61 | 77.80 |
1980 | 2 | -8.78% | 128.27 | 78.90 |
1980 | 3 | -1.16% | 126.77 | 80.10 |
1980 | 4 | 5.04% | 133.16 | 81.00 |
1980 | 5 | 6.86% | 142.30 | 81.80 |
1980 | 6 | 4.97% | 149.37 | 82.70 |
1980 | 7 | 3.50% | 154.60 | 82.70 |
1980 | 8 | 2.84% | 158.99 | 83.30 |
1980 | 9 | 3.32% | 164.27 | 84.00 |
1980 | 10 | 4.61% | 171.85 | 84.80 |
1980 | 11 | -1.24% | 169.72 | 85.50 |
1980 | 12 | 0.01% | 169.73 | 86.30 |
1981 | 1 | -3.07% | 164.52 | 87.00 |
1981 | 2 | 4.14% | 171.34 | 87.90 |
1981 | 3 | 1.29% | 173.55 | 88.50 |
1981 | 4 | -1.62% | 170.75 | 89.10 |
1981 | 5 | 0.86% | 172.21 | 89.80 |
1981 | 6 | -2.02% | 168.74 | 90.60 |
1981 | 7 | 0.80% | 170.09 | 91.60 |
1981 | 8 | -8.30% | 155.97 | 92.30 |
1981 | 9 | 1.73% | 158.67 | 93.20 |
1981 | 10 | 3.04% | 163.50 | 93.40 |
1981 | 11 | 1.18% | 165.42 | 93.70 |
1981 | 12 | -4.80% | 157.48 | 94.00 |
1982 | 1 | -1.91% | 154.46 | 94.30 |
1982 | 2 | -2.74% | 150.22 | 94.60 |
1982 | 3 | 5.47% | 158.44 | 94.50 |
1982 | 4 | 0.57% | 159.34 | 94.90 |
1982 | 5 | -5.27% | 150.94 | 95.80 |
1982 | 6 | 0.24% | 151.31 | 97.00 |
1982 | 7 | 0.79% | 152.51 | 97.50 |
1982 | 8 | 12.10% | 170.96 | 97.70 |
1982 | 9 | 8.88% | 186.15 | 97.90 |
1982 | 10 | 4.50% | 194.52 | 98.20 |
1982 | 11 | 1.36% | 197.16 | 98.00 |
1982 | 12 | 3.93% | 204.90 | 97.60 |
1983 | 1 | 2.13% | 209.26 | 97.80 |
1983 | 2 | 3.87% | 217.35 | 97.90 |
1983 | 3 | 4.20% | 226.48 | 97.90 |
1983 | 4 | 4.42% | 236.49 | 98.60 |
1983 | 5 | 1.75% | 240.64 | 99.20 |
1983 | 6 | 0.71% | 242.35 | 99.50 |
1983 | 7 | -2.41% | 236.51 | 99.90 |
1983 | 8 | 3.31% | 244.35 | 100.20 |
1983 | 9 | 0.65% | 245.93 | 100.70 |
1983 | 10 | -1.14% | 243.13 | 101.00 |
1983 | 11 | -0.13% | 242.81 | 101.20 |
1983 | 12 | 1.58% | 246.64 | 101.30 |
1984 | 1 | -5.11% | 234.03 | 101.90 |
1984 | 2 | 0.44% | 235.07 | 102.40 |
1984 | 3 | 0.51% | 236.26 | 102.60 |
1984 | 4 | -0.25% | 235.66 | 103.10 |
1984 | 5 | -1.85% | 231.31 | 103.40 |
1984 | 6 | -0.91% | 229.21 | 103.70 |
1984 | 7 | 9.21% | 250.31 | 104.10 |
1984 | 8 | 1.41% | 253.83 | 104.50 |
1984 | 9 | -0.41% | 252.78 | 105.00 |
1984 | 10 | 1.29% | 256.03 | 105.30 |
1984 | 11 | -0.71% | 254.22 | 105.30 |
1984 | 12 | 4.70% | 266.16 | 105.30 |
1985 | 1 | 5.79% | 281.57 | 105.50 |
1985 | 2 | -0.48% | 280.22 | 106.00 |
1985 | 3 | 1.02% | 283.09 | 106.40 |
1985 | 4 | 2.74% | 290.84 | 106.90 |
1985 | 5 | 2.51% | 298.14 | 107.30 |
1985 | 6 | 2.25% | 304.84 | 107.60 |
1985 | 7 | -1.85% | 299.21 | 107.80 |
1985 | 8 | -1.88% | 293.57 | 108.00 |
1985 | 9 | 1.50% | 297.96 | 108.30 |
1985 | 10 | 6.42% | 317.10 | 108.70 |
1985 | 11 | 5.29% | 333.88 | 109.00 |
1985 | 12 | 0.75% | 336.39 | 109.30 |
1986 | 1 | 5.70% | 355.56 | 109.60 |
1986 | 2 | 6.18% | 377.54 | 109.30 |
1986 | 3 | 2.74% | 387.89 | 108.80 |
1986 | 4 | 0.49% | 389.80 | 108.60 |
1986 | 5 | 3.13% | 402.01 | 108.90 |
1986 | 6 | -1.80% | 394.76 | 109.50 |
1986 | 7 | 2.28% | 403.77 | 109.50 |
1986 | 8 | -2.46% | 393.85 | 109.70 |
1986 | 9 | -0.09% | 393.49 | 110.20 |
1986 | 10 | 3.53% | 407.40 | 110.30 |
1986 | 11 | 1.71% | 414.36 | 110.40 |
1986 | 12 | 6.67% | 442.01 | 110.50 |
1987 | 1 | 6.46% | 470.57 | 111.20 |
1987 | 2 | 4.38% | 491.17 | 111.60 |
1987 | 3 | -0.86% | 486.96 | 112.10 |
1987 | 4 | 0.17% | 487.80 | 112.70 |
1987 | 5 | 4.50% | 509.75 | 113.10 |
1987 | 6 | 3.12% | 525.66 | 113.50 |
1987 | 7 | 6.45% | 559.59 | 113.80 |
1987 | 8 | -3.03% | 542.63 | 114.40 |
1987 | 9 | -11.85% | 478.31 | 115.00 |
1987 | 10 | -12.30% | 419.46 | 115.30 |
1987 | 11 | -1.33% | 413.86 | 115.40 |
1987 | 12 | 4.25% | 431.43 | 115.40 |
1988 | 1 | 3.33% | 445.79 | 115.70 |
1988 | 2 | 3.23% | 460.20 | 116.00 |
1988 | 3 | -0.89% | 456.13 | 116.50 |
1988 | 4 | -2.19% | 446.14 | 117.10 |
1988 | 5 | 6.00% | 472.90 | 117.50 |
1988 | 6 | -0.31% | 471.45 | 118.00 |
1988 | 7 | -1.72% | 463.35 | 118.50 |
1988 | 8 | 1.93% | 472.28 | 119.00 |
1988 | 9 | 3.80% | 490.24 | 119.80 |
1988 | 10 | -2.02% | 480.33 | 120.20 |
1988 | 11 | 2.33% | 491.50 | 120.30 |
1988 | 12 | 3.51% | 508.77 | 120.50 |
1989 | 1 | 3.30% | 525.56 | 121.10 |
1989 | 2 | -0.16% | 524.71 | 121.60 |
1989 | 3 | 3.56% | 543.41 | 122.30 |
1989 | 4 | 4.12% | 565.78 | 123.10 |
1989 | 5 | 3.39% | 584.97 | 123.80 |
1989 | 6 | 2.80% | 601.35 | 124.10 |
1989 | 7 | 4.69% | 629.56 | 124.40 |
1989 | 8 | 0.46% | 632.43 | 124.60 |
1989 | 9 | 0.29% | 634.24 | 125.00 |
1989 | 10 | -1.81% | 622.73 | 125.60 |
1989 | 11 | 2.74% | 639.78 | 125.90 |
1989 | 12 | -2.21% | 625.63 | 126.10 |
1990 | 1 | -2.53% | 609.82 | 127.40 |
1990 | 2 | 2.71% | 626.33 | 128.00 |
1990 | 3 | 0.20% | 627.56 | 128.70 |
1990 | 4 | 3.85% | 651.72 | 128.90 |
1990 | 5 | 3.17% | 672.38 | 129.20 |
1990 | 6 | 0.17% | 673.52 | 129.90 |
1990 | 7 | -7.86% | 620.58 | 130.40 |
1990 | 8 | -4.34% | 593.64 | 131.60 |
1990 | 9 | -2.32% | 579.89 | 132.70 |
1990 | 10 | 2.98% | 597.19 | 133.50 |
1990 | 11 | 4.59% | 624.58 | 133.80 |
1990 | 12 | -0.69% | 620.30 | 133.80 |
1991 | 1 | 11.61% | 692.30 | 134.60 |
1991 | 2 | 3.04% | 713.38 | 134.80 |
1991 | 3 | 2.26% | 729.49 | 135.00 |
1991 | 4 | -0.18% | 728.19 | 135.20 |
1991 | 5 | 0.35% | 730.71 | 135.60 |
1991 | 6 | 0.78% | 736.42 | 136.00 |
1991 | 7 | 2.68% | 756.14 | 136.20 |
1991 | 8 | -0.30% | 753.85 | 136.60 |
1991 | 9 | 0.18% | 755.22 | 137.20 |
1991 | 10 | 0.02% | 755.34 | 137.40 |
1991 | 11 | 0.94% | 762.40 | 137.80 |
1991 | 12 | 7.36% | 818.50 | 137.90 |
1992 | 1 | -0.60% | 813.59 | 138.10 |
1992 | 2 | -1.01% | 805.35 | 138.60 |
1992 | 3 | 0.26% | 807.48 | 139.30 |
1992 | 4 | 2.07% | 824.18 | 139.50 |
1992 | 5 | -1.33% | 813.22 | 139.70 |
1992 | 6 | 1.91% | 828.77 | 140.20 |
1992 | 7 | 0.94% | 836.58 | 140.50 |
1992 | 8 | 0.38% | 839.74 | 140.90 |
1992 | 9 | -1.18% | 829.82 | 141.30 |
1992 | 10 | 2.76% | 852.69 | 141.80 |
1992 | 11 | 3.27% | 880.59 | 142.00 |
1992 | 12 | 0.14% | 881.85 | 141.90 |
1993 | 1 | 1.72% | 897.05 | 142.60 |
1993 | 2 | 2.15% | 916.34 | 143.10 |
1993 | 3 | -1.34% | 904.04 | 143.60 |
1993 | 4 | 0.72% | 910.60 | 144.00 |
1993 | 5 | 0.87% | 918.47 | 144.20 |
1993 | 6 | 0.06% | 919.03 | 144.40 |
1993 | 7 | 1.76% | 935.23 | 144.40 |
1993 | 8 | 1.35% | 947.90 | 144.80 |
1993 | 9 | 1.24% | 959.68 | 145.10 |
1993 | 10 | 0.01% | 959.75 | 145.70 |
1993 | 11 | 0.89% | 968.26 | 145.80 |
1993 | 12 | 1.74% | 985.07 | 145.80 |
1994 | 1 | -0.08% | 984.33 | 146.20 |
1994 | 2 | -1.42% | 970.31 | 146.70 |
1994 | 3 | -3.35% | 937.84 | 147.20 |
1994 | 4 | 1.06% | 947.76 | 147.40 |
1994 | 5 | 1.11% | 958.27 | 147.50 |
1994 | 6 | -0.52% | 953.29 | 148.00 |
1994 | 7 | 3.08% | 982.68 | 148.40 |
1994 | 8 | 0.82% | 990.71 | 149.00 |
1994 | 9 | -0.44% | 986.31 | 149.40 |
1994 | 10 | -0.37% | 982.66 | 149.50 |
1994 | 11 | -1.03% | 972.58 | 149.70 |
1994 | 12 | 2.45% | 996.42 | 149.70 |
1995 | 1 | 3.82% | 1,034.48 | 150.30 |
1995 | 2 | 2.56% | 1,060.94 | 150.90 |
1995 | 3 | 3.22% | 1,095.06 | 151.40 |
1995 | 4 | 3.35% | 1,131.71 | 151.90 |
1995 | 5 | 3.18% | 1,167.69 | 152.20 |
1995 | 6 | 3.55% | 1,209.11 | 152.50 |
1995 | 7 | 0.51% | 1,215.31 | 152.50 |
1995 | 8 | 3.72% | 1,260.49 | 152.90 |
1995 | 9 | 0.91% | 1,272.00 | 153.20 |
1995 | 10 | 2.36% | 1,302.00 | 153.70 |
1995 | 11 | 3.39% | 1,346.12 | 153.60 |
1995 | 12 | 0.16% | 1,348.31 | 153.50 |
1996 | 1 | 5.90% | 1,427.92 | 154.40 |
1996 | 2 | -0.20% | 1,425.05 | 154.90 |
1996 | 3 | 0.20% | 1,427.86 | 155.70 |
1996 | 4 | 2.35% | 1,461.49 | 156.30 |
1996 | 5 | 1.28% | 1,480.17 | 156.60 |
1996 | 6 | -3.48% | 1,428.71 | 156.70 |
1996 | 7 | 3.08% | 1,472.66 | 157.00 |
1996 | 8 | 2.02% | 1,502.46 | 157.30 |
1996 | 9 | 4.12% | 1,564.35 | 157.80 |
1996 | 10 | 5.05% | 1,643.39 | 158.30 |
1996 | 11 | 1.20% | 1,663.08 | 158.60 |
1996 | 12 | 3.26% | 1,717.25 | 158.60 |
1997 | 1 | 4.36% | 1,792.15 | 159.10 |
1997 | 2 | -0.62% | 1,780.97 | 159.60 |
1997 | 3 | -3.41% | 1,720.32 | 160.00 |
1997 | 4 | 9.22% | 1,878.90 | 160.20 |
1997 | 5 | 5.34% | 1,979.17 | 160.10 |
1997 | 6 | 5.74% | 2,092.70 | 160.30 |
1997 | 7 | 0.35% | 2,099.97 | 160.50 |
1997 | 8 | 1.19% | 2,125.01 | 160.80 |
1997 | 9 | 1.65% | 2,159.97 | 161.20 |
1997 | 10 | -1.15% | 2,135.09 | 161.60 |
1997 | 11 | 2.63% | 2,191.34 | 161.50 |
1997 | 12 | 0.24% | 2,196.53 | 161.30 |
1998 | 1 | 6.40% | 2,337.16 | 161.60 |
1998 | 2 | 5.31% | 2,461.33 | 161.90 |
1998 | 3 | 3.41% | 2,545.15 | 162.20 |
1998 | 4 | -0.22% | 2,539.51 | 162.50 |
1998 | 5 | 0.12% | 2,542.46 | 162.80 |
1998 | 6 | 4.47% | 2,656.05 | 163.00 |
1998 | 7 | -6.97% | 2,470.90 | 163.20 |
1998 | 8 | -4.90% | 2,349.86 | 163.40 |
1998 | 9 | 1.29% | 2,380.20 | 163.60 |
1998 | 10 | 10.97% | 2,641.41 | 164.00 |
1998 | 11 | 4.10% | 2,749.81 | 164.00 |
1998 | 12 | 5.05% | 2,888.62 | 163.90 |
1999 | 1 | -0.07% | 2,886.69 | 164.30 |
1999 | 2 | 2.92% | 2,971.08 | 164.50 |
1999 | 3 | 4.25% | 3,097.35 | 165.00 |
1999 | 4 | -0.10% | 3,094.29 | 166.20 |
1999 | 5 | -0.61% | 3,075.36 | 166.20 |
1999 | 6 | 4.52% | 3,214.44 | 166.20 |
1999 | 7 | -3.77% | 3,093.12 | 166.70 |
1999 | 8 | -0.60% | 3,074.62 | 167.10 |
1999 | 9 | -1.27% | 3,035.50 | 167.90 |
1999 | 10 | 7.11% | 3,251.20 | 168.20 |
1999 | 11 | 2.81% | 3,342.51 | 168.30 |
1999 | 12 | -0.12% | 3,338.54 | 168.30 |
2000 | 1 | -2.48% | 3,255.81 | 168.80 |
2000 | 2 | 3.94% | 3,384.12 | 169.80 |
2000 | 3 | 1.42% | 3,432.33 | 171.20 |
2000 | 4 | -2.84% | 3,334.89 | 171.30 |
2000 | 5 | 3.16% | 3,440.39 | 171.50 |
2000 | 6 | 0.85% | 3,469.65 | 172.40 |
2000 | 7 | 0.94% | 3,502.25 | 172.80 |
2000 | 8 | -1.08% | 3,464.44 | 172.80 |
2000 | 9 | -5.21% | 3,283.80 | 173.70 |
2000 | 10 | -0.77% | 3,258.43 | 174.00 |
2000 | 11 | -3.32% | 3,150.24 | 174.10 |
2000 | 12 | 0.46% | 3,164.58 | 174.00 |
2001 | 1 | -2.14% | 3,096.97 | 175.10 |
2001 | 2 | -9.08% | 2,815.77 | 175.80 |
2001 | 3 | 0.45% | 2,828.41 | 176.20 |
2001 | 4 | 6.88% | 3,022.98 | 176.90 |
2001 | 5 | -2.39% | 2,950.77 | 177.70 |
2001 | 6 | -2.66% | 2,872.28 | 178.00 |
2001 | 7 | -2.05% | 2,813.51 | 177.50 |
2001 | 8 | -11.25% | 2,497.07 | 177.50 |
2001 | 9 | 3.18% | 2,576.58 | 178.30 |
2001 | 10 | 5.05% | 2,706.77 | 177.70 |
2001 | 11 | 1.47% | 2,746.46 | 177.40 |
2001 | 12 | -0.30% | 2,738.28 | 176.70 |
2002 | 1 | -3.35% | 2,646.47 | 177.10 |
2002 | 2 | 4.95% | 2,777.35 | 177.80 |
2002 | 3 | -3.51% | 2,679.74 | 178.80 |
2002 | 4 | -2.82% | 2,604.16 | 179.80 |
2002 | 5 | -5.92% | 2,449.97 | 179.80 |
2002 | 6 | -10.76% | 2,186.39 | 179.90 |
2002 | 7 | 1.14% | 2,211.29 | 180.10 |
2002 | 8 | -4.76% | 2,106.08 | 180.70 |
2002 | 9 | -1.37% | 2,077.29 | 181.00 |
2002 | 10 | 6.63% | 2,214.92 | 181.30 |
2002 | 11 | -1.04% | 2,192.00 | 181.30 |
2002 | 12 | -0.22% | 2,187.12 | 180.90 |
2003 | 1 | -6.41% | 2,046.82 | 181.70 |
2003 | 2 | 1.31% | 2,073.59 | 183.10 |
2003 | 3 | 5.29% | 2,183.20 | 184.20 |
2003 | 4 | 5.31% | 2,299.17 | 183.80 |
2003 | 5 | 5.70% | 2,430.32 | 183.50 |
2003 | 6 | 0.60% | 2,444.80 | 183.70 |
2003 | 7 | -0.17% | 2,440.74 | 183.90 |
2003 | 8 | 3.16% | 2,517.89 | 184.60 |
2003 | 9 | 2.03% | 2,568.95 | 185.20 |
2003 | 10 | 1.21% | 2,600.05 | 185.00 |
2003 | 11 | 3.06% | 2,679.71 | 184.50 |
2003 | 12 | 4.93% | 2,811.96 | 184.30 |
2004 | 1 | 1.09% | 2,842.51 | 185.20 |
2004 | 2 | -1.57% | 2,798.02 | 186.20 |
2004 | 3 | 0.97% | 2,825.11 | 187.40 |
2004 | 4 | -2.56% | 2,752.67 | 188.00 |
2004 | 5 | 2.86% | 2,831.33 | 189.10 |
2004 | 6 | -2.24% | 2,767.94 | 189.70 |
2004 | 7 | -1.39% | 2,729.53 | 189.40 |
2004 | 8 | 2.78% | 2,805.49 | 189.50 |
2004 | 9 | 0.10% | 2,808.37 | 189.90 |
2004 | 10 | 4.77% | 2,942.43 | 190.90 |
2004 | 11 | 2.73% | 3,022.69 | 191.00 |
2004 | 12 | -1.35% | 2,981.90 | 190.30 |
2005 | 1 | 1.68% | 3,032.04 | 190.70 |
2005 | 2 | -0.26% | 3,024.29 | 191.80 |
2005 | 3 | -2.41% | 2,951.43 | 193.30 |
2005 | 4 | 1.34% | 2,990.86 | 194.60 |
2005 | 5 | 2.18% | 3,056.08 | 194.40 |
2005 | 6 | 1.81% | 3,111.33 | 194.50 |
2005 | 7 | 0.31% | 3,120.98 | 195.40 |
2005 | 8 | 0.28% | 3,129.71 | 196.40 |
2005 | 9 | -2.62% | 3,047.58 | 198.80 |
2005 | 10 | 3.96% | 3,168.31 | 199.20 |
2005 | 11 | 2.14% | 3,236.24 | 197.60 |
2005 | 12 | 1.47% | 3,283.71 | 196.80 |
2006 | 1 | -0.02% | 3,283.16 | 198.30 |
2006 | 2 | 1.49% | 3,331.95 | 198.70 |
2006 | 3 | 0.80% | 3,358.55 | 199.80 |
2006 | 4 | -0.79% | 3,332.13 | 201.50 |
2006 | 5 | -2.71% | 3,241.97 | 202.50 |
2006 | 6 | 0.72% | 3,265.32 | 202.90 |
2006 | 7 | 2.29% | 3,340.15 | 203.50 |
2006 | 8 | 2.53% | 3,424.69 | 203.90 |
2006 | 9 | 3.62% | 3,548.53 | 202.90 |
2006 | 10 | 2.00% | 3,619.56 | 201.80 |
2006 | 11 | 2.15% | 3,697.32 | 201.50 |
2006 | 12 | 0.69% | 3,722.93 | 201.80 |
2007 | 1 | 1.60% | 3,782.35 | 202.42 |
2007 | 2 | -2.47% | 3,688.78 | 203.50 |
2007 | 3 | 4.18% | 3,842.98 | 205.35 |
2007 | 4 | 3.39% | 3,973.32 | 206.69 |
2007 | 5 | 0.34% | 3,987.03 | 207.95 |
2007 | 6 | 0.57% | 4,009.94 | 208.35 |
2007 | 7 | -4.20% | 3,841.48 | 208.30 |
2007 | 8 | 3.07% | 3,959.59 | 207.92 |
2007 | 9 | 2.99% | 4,078.05 | 208.49 |
2007 | 10 | -4.81% | 3,882.05 | 208.94 |
2007 | 11 | 1.24% | 3,930.11 | 210.18 |
2007 | 12 | -6.64% | 3,669.34 | 210.04 |
2008 | 1 | -1.56% | 3,611.96 | 211.08 |
2008 | 2 | -2.63% | 3,517.08 | 211.69 |
2008 | 3 | 4.24% | 3,666.34 | 213.53 |
2008 | 4 | 2.56% | 3,760.29 | 214.82 |
2008 | 5 | -4.25% | 3,600.61 | 216.63 |
2008 | 6 | -6.08% | 3,381.75 | 218.82 |
2008 | 7 | 2.11% | 3,453.12 | 219.96 |
2008 | 8 | -4.85% | 3,285.73 | 219.09 |
2008 | 9 | -20.19% | 2,622.22 | 218.78 |
2008 | 10 | -8.61% | 2,396.57 | 216.57 |
2008 | 11 | -0.35% | 2,388.16 | 212.43 |
2008 | 12 | -1.10% | 2,361.99 | 210.23 |
2009 | 1 | -6.70% | 2,203.68 | 211.14 |
2009 | 2 | -5.69% | 2,078.35 | 212.19 |
2009 | 3 | 12.32% | 2,334.43 | 212.71 |
2009 | 4 | 6.66% | 2,489.90 | 213.24 |
2009 | 5 | 2.87% | 2,561.34 | 213.86 |
2009 | 6 | 1.28% | 2,594.06 | 215.69 |
2009 | 7 | 8.12% | 2,804.72 | 215.35 |
2009 | 8 | 3.65% | 2,907.10 | 215.83 |
2009 | 9 | 2.40% | 2,976.96 | 215.97 |
2009 | 10 | 2.09% | 3,039.31 | 216.18 |
2009 | 11 | 2.23% | 3,106.96 | 216.33 |
2009 | 12 | 1.36% | 3,149.12 | 215.95 |
2010 | 1 | -2.90% | 3,057.84 | 216.69 |
2010 | 2 | 5.94% | 3,239.57 | 216.74 |
2010 | 3 | 4.09% | 3,372.00 | 217.63 |
2010 | 4 | -5.88% | 3,173.65 | 218.01 |
2010 | 5 | -3.54% | 3,061.19 | 218.18 |
2010 | 6 | -0.16% | 3,056.32 | 217.97 |
2010 | 7 | 0.86% | 3,082.71 | 218.01 |
2010 | 8 | 3.37% | 3,186.64 | 218.31 |
2010 | 9 | 4.58% | 3,332.50 | 218.44 |
2010 | 10 | 2.49% | 3,415.51 | 218.71 |
2010 | 11 | 3.71% | 3,542.35 | 218.80 |
2010 | 12 | 3.46% | 3,665.00 | 219.18 |
2011 | 1 | 3.15% | 3,780.48 | 220.22 |
2011 | 2 | -1.11% | 3,738.42 | 221.31 |
2011 | 3 | 2.22% | 3,821.45 | 223.47 |
2011 | 4 | 0.66% | 3,846.64 | 224.91 |
2011 | 5 | -3.66% | 3,705.76 | 225.96 |
2011 | 6 | 3.10% | 3,820.70 | 225.72 |
2011 | 7 | -10.40% | 3,423.32 | 225.92 |
2011 | 8 | -0.79% | 3,396.30 | 226.55 |
2011 | 9 | 3.02% | 3,498.83 | 226.89 |
2011 | 10 | 1.77% | 3,560.66 | 226.42 |
2011 | 11 | 1.55% | 3,616.02 | 226.23 |
2011 | 12 | 4.78% | 3,788.96 | 225.67 |
2012 | 1 | 4.16% | 3,946.68 | 226.67 |
2012 | 2 | 2.88% | 4,060.50 | 227.66 |
2012 | 3 | -0.04% | 4,058.94 | 229.39 |
2012 | 4 | -3.09% | 3,933.48 | 230.09 |
2012 | 5 | -1.15% | 3,888.15 | 229.82 |
2012 | 6 | 2.92% | 4,001.73 | 229.48 |
2012 | 7 | 3.39% | 4,137.30 | 229.10 |
2012 | 8 | 3.02% | 4,262.29 | 230.38 |
2012 | 9 | -0.22% | 4,253.04 | 231.41 |
2012 | 10 | -2.84% | 4,132.36 | 231.32 |
2012 | 11 | 2.18% | 4,222.26 | 230.22 |
2012 | 12 | 4.27% | 4,402.50 | 229.60 |
2013 | 1 | 2.33% | 4,505.21 | 230.28 |
2013 | 2 | 2.72% | 4,627.86 | 232.17 |
2013 | 3 | 1.45% | 4,695.14 | 232.77 |
2013 | 4 | 4.57% | 4,909.91 | 232.53 |
2013 | 5 | -1.12% | 4,855.03 | 232.95 |
2013 | 6 | 3.25% | 5,013.03 | 233.50 |
2013 | 7 | 0.25% | 5,025.69 | 233.60 |
2013 | 8 | 1.19% | 5,085.62 | 233.88 |
2013 | 9 | 2.12% | 5,193.31 | 234.15 |
2013 | 10 | 3.86% | 5,393.77 | 233.55 |
2013 | 11 | 1.52% | 5,475.85 | 233.07 |
2013 | 12 | 0.97% | 5,528.84 | 233.05 |
2014 | 1 | -0.13% | 5,521.65 | 233.92 |
2014 | 2 | 2.72% | 5,671.97 | 234.78 |
2014 | 3 | 0.20% | 5,683.41 | 236.29 |
2014 | 4 | 1.53% | 5,770.48 | 237.07 |
2014 | 5 | 3.20% | 5,954.92 | 237.90 |
2014 | 6 | 1.50% | 6,044.00 | 238.34 |
2014 | 7 | -0.43% | 6,018.19 | 238.25 |
2014 | 8 | 1.78% | 6,125.20 | 237.85 |
2014 | 9 | -2.65% | 5,963.09 | 238.03 |
2014 | 10 | 5.71% | 6,303.32 | 237.43 |
2014 | 11 | 0.63% | 6,343.28 | 236.15 |
2014 | 12 | -1.11% | 6,272.87 | 234.81 |
2015 | 1 | 2.83% | 6,450.23 | 233.71 |
2015 | 2 | 0.06% | 6,453.80 | 234.72 |
2015 | 3 | 0.88% | 6,510.49 | 236.12 |
2015 | 4 | 0.98% | 6,574.22 | 236.60 |
2015 | 5 | -0.44% | 6,545.59 | 237.81 |
2015 | 6 | -0.08% | 6,540.38 | 238.64 |
2015 | 7 | -2.42% | 6,381.81 | 238.65 |
2015 | 8 | -4.51% | 6,094.18 | 238.32 |
2015 | 9 | 4.32% | 6,357.27 | 237.95 |
2015 | 10 | 2.93% | 6,543.69 | 237.84 |
2015 | 11 | -1.10% | 6,471.52 | 237.34 |
2015 | 12 | -6.42% | 6,056.07 | 236.53 |
2016 | 1 | -0.55% | 6,022.77 | 236.92 |
2016 | 2 | 6.36% | 6,405.98 | 237.11 |
2016 | 3 | 2.83% | 6,587.35 | 238.13 |
2016 | 4 | -0.30% | 6,567.30 | 239.26 |
2016 | 5 | 1.07% | 6,637.34 | 240.23 |
2016 | 6 | 3.30% | 6,856.20 | 241.02 |
2016 | 7 | 1.20% | 6,938.43 | 240.63 |
2016 | 8 | -0.44% | 6,907.99 | 240.85 |
2016 | 9 | -0.51% | 6,873.04 | 241.43 |
2016 | 10 | 1.20% | 6,955.59 | 241.73 |
2016 | 11 | 3.95% | 7,230.06 | 241.35 |
2016 | 12 | 1.44% | 7,334.00 | 241.43 |
2017 | 1 | 2.58% | 7,522.96 | 242.84 |
2017 | 2 | 1.75% | 7,654.55 | 243.60 |
2017 | 3 | -0.15% | 7,642.77 | 243.80 |
2017 | 4 | 1.69% | 7,772.11 | 244.52 |
2017 | 5 | 1.78% | 7,910.18 | 244.73 |
2017 | 6 | 0.99% | 7,988.32 | 244.96 |
2017 | 7 | 0.25% | 8,008.11 | 244.79 |
2017 | 8 | 1.65% | 8,140.51 | 245.52 |
2017 | 9 | 2.73% | 8,363.14 | 246.82 |
2017 | 10 | 1.59% | 8,496.07 | 246.66 |
2017 | 11 | 2.88% | 8,741.06 | 246.67 |
2017 | 12 | 4.86% | 9,166.04 | 246.52 |
2018 | 1 | -2.89% | 8,901.44 | 247.87 |
2018 | 2 | 0.06% | 8,907.19 | 248.99 |
2018 | 3 | -1.66% | 8,758.98 | 249.55 |
2018 | 4 | 1.96% | 8,930.80 | 250.55 |
2018 | 5 | 2.11% | 9,119.50 | 251.59 |
2018 | 6 | 1.58% | 9,263.66 | 251.99 |
2018 | 7 | 2.45% | 9,490.69 | 252.01 |
2018 | 8 | 1.68% | 9,650.11 | 252.15 |
2018 | 9 | -3.85% | 9,278.68 | 252.44 |
2018 | 10 | -2.08% | 9,086.04 | 252.89 |
2018 | 11 | -5.56% | 8,580.63 | 252.04 |
2018 | 12 | 1.74% | 8,729.56 | 251.23 |
2019 | 1 | 5.83% | 9,238.40 | 251.71 |
2019 | 2 | 1.95% | 9,418.36 | 252.78 |
2019 | 3 | 3.72% | 9,769.03 | 254.20 |
2019 | 4 | -1.53% | 9,619.39 | 255.55 |
2019 | 5 | 1.40% | 9,754.52 | 256.09 |
2019 | 6 | 3.83% | 10,127.86 | 256.14 |
2019 | 7 | -3.13% | 9,810.41 | 256.57 |
2019 | 8 | 3.09% | 10,113.08 | 256.56 |
2019 | 9 | 0.01% | 10,114.07 | 256.76 |
2019 | 10 | 4.43% | 10,562.50 | 257.35 |
2019 | 11 | 2.47% | 10,823.32 | 257.21 |
2019 | 12 | 3.35% | 11,185.51 | 256.97 |
2020 | 1 | 0.12% | 11,199.17 | 257.97 |
2020 | 2 | -18.92% | 9,080.54 | 258.68 |
2020 | 3 | 4.32% | 9,472.70 | 258.12 |
2020 | 4 | 5.89% | 10,030.39 | 256.39 |
2020 | 5 | 6.51% | 10,683.19 | 256.39 |
2020 | 6 | 3.48% | 11,054.59 | 257.80 |
2020 | 7 | 5.89% | 11,706.09 | 259.10 |
2020 | 8 | -0.63% | 11,632.69 | 259.92 |
2020 | 9 | 1.73% | 11,833.47 | 260.28 |
2020 | 10 | 3.95% | 12,301.38 | 260.39 |
2020 | 11 | 4.26% | 12,825.43 | 260.23 |
2020 | 12 | 2.80% | 13,183.94 | 260.47 |
2021 | 1 | 2.49% | 13,512.42 | 261.58 |
2021 | 2 | 0.82% | 13,623.41 | 263.01 |
2021 | 3 | 6.02% | 14,443.74 | 264.88 |
2021 | 4 | 0.76% | 14,553.54 | 267.05 |
2021 | 5 | 1.81% | 14,817.02 | 269.20 |
2021 | 6 | 3.07% | 15,271.64 | 271.70 |
2021 | 7 | 2.19% | 15,605.35 | 273.00 |
2021 | 8 | -0.08% | 15,592.16 | 273.57 |
2021 | 9 | 0.45% | 15,662.67 | 274.31 |
2021 | 10 | 4.74% | 16,405.82 | 276.59 |
2021 | 11 | 0.27% | 16,449.36 | 277.95 |
2021 | 12 | -2.05% | 16,111.83 | 278.80 |
2022 | 1 | -2.90% | 15,644.17 | 281.15 |
2022 | 2 | -0.89% | 15,504.54 | 283.72 |
2022 | 3 | 0.12% | 15,522.88 | 287.50 |
2022 | 4 | -7.87% | 14,300.80 | 289.11 |
2022 | 5 | -3.37% | 13,818.96 | 292.30 |
2022 | 6 | 0.46% | 13,883.17 | 296.31 |
2022 | 7 | 6.45% | 14,778.27 | 296.28 |
2022 | 8 | -7.28% | 13,702.80 | 296.17 |
2022 | 9 | -3.09% | 13,279.22 | 296.81 |
2022 | 10 | 5.29% | 13,981.04 | 298.01 |
2022 | 11 | 0.01% | 13,982.55 | 297.71 |
2022 | 12 | 1.38% | 14,175.02 | 296.80 |
2023 | 1 | 3.15% | 14,621.10 | 299.17 |
2023 | 2 | -2.59% | 14,243.08 | 300.84 |
2023 | 3 | 4.00% | 14,812.27 | 301.84 |
2023 | 4 | 0.74% | 14,921.54 | 303.36 |
2023 | 5 | 4.94% | 15,658.99 | 304.13 |
2023 | 6 | 3.88% | 16,265.94 | 305.11 |
2023 | 7 | -1.13% | 16,082.94 | 305.69 |
2023 | 8 | 1.31% | 16,293.70 | 307.03 |
Remember, returns are based on the average closing price across the entire month. Some losses are offset by dividend returns.
Dollar-cost averaging is an alternative to investing the full lump-sum of $60.00 up-front. Instead, the capital is invested over a period of time.
Consider a strategy in which $60.00 was invested in the S&P 500 over a period of no more than 24 months beginning in 1965. This would result in a final amount of $15,718.05, including dividend reinvestments. In this particular case, dollar-cost average returns are less than the returns of a lump-sum investment (which ends with $16,293.70).
Year | Month | Contribution ($) | Amount ($) |
---|---|---|---|
1965 | 1 | 2.50 | 2.52 |
1965 | 2 | 2.50 | 5.03 |
1965 | 3 | 2.50 | 7.64 |
1965 | 4 | 2.50 | 10.31 |
1965 | 5 | 2.50 | 12.23 |
1965 | 6 | 2.50 | 14.74 |
1965 | 7 | 2.50 | 17.59 |
1965 | 8 | 2.50 | 20.81 |
1965 | 9 | 2.50 | 23.89 |
1965 | 10 | 2.50 | 26.66 |
1965 | 11 | 2.50 | 29.10 |
1965 | 12 | 2.50 | 32.22 |
1966 | 1 | 2.50 | 34.56 |
1966 | 2 | 2.50 | 35.62 |
1966 | 3 | 2.50 | 39.38 |
1966 | 4 | 2.50 | 39.78 |
1966 | 5 | 2.50 | 42.03 |
1966 | 6 | 2.50 | 44.54 |
1966 | 7 | 2.50 | 44.32 |
1966 | 8 | 2.50 | 45.30 |
1966 | 9 | 2.50 | 47.52 |
1966 | 10 | 2.50 | 52.67 |
1966 | 11 | 2.50 | 55.56 |
1966 | 12 | 2.50 | 60.45 |
1967 | 1 | - | 62.71 |
1967 | 2 | - | 64.36 |
1967 | 3 | - | 65.64 |
1967 | 4 | - | 66.99 |
1967 | 5 | - | 66.33 |
1967 | 6 | - | 67.65 |
1967 | 7 | - | 68.90 |
1967 | 8 | - | 70.04 |
1967 | 9 | - | 70.11 |
1967 | 10 | - | 68.09 |
1967 | 11 | - | 70.21 |
1967 | 12 | - | 70.19 |
1968 | 1 | - | 67.21 |
1968 | 2 | - | 66.16 |
1968 | 3 | - | 71.23 |
1968 | 4 | - | 73.05 |
1968 | 5 | - | 75.20 |
1968 | 6 | - | 75.23 |
1968 | 7 | - | 73.78 |
1968 | 8 | - | 76.37 |
1968 | 9 | - | 78.44 |
1968 | 10 | - | 79.84 |
1968 | 11 | - | 80.87 |
1968 | 12 | - | 77.64 |
1969 | 1 | - | 77.46 |
1969 | 2 | - | 75.98 |
1969 | 3 | - | 77.71 |
1969 | 4 | - | 80.44 |
1969 | 5 | - | 76.44 |
1969 | 6 | - | 73.22 |
1969 | 7 | - | 73.01 |
1969 | 8 | - | 73.47 |
1969 | 9 | - | 74.46 |
1969 | 10 | - | 75.21 |
1969 | 11 | - | 71.42 |
1969 | 12 | - | 71.00 |
1970 | 1 | - | 68.73 |
1970 | 2 | - | 70.12 |
1970 | 3 | - | 68.19 |
1970 | 4 | - | 60.55 |
1970 | 5 | - | 60.39 |
1970 | 6 | - | 60.71 |
1970 | 7 | - | 62.68 |
1970 | 8 | - | 66.65 |
1970 | 9 | - | 68.30 |
1970 | 10 | - | 68.45 |
1970 | 11 | - | 73.35 |
1970 | 12 | - | 76.36 |
1971 | 1 | - | 79.53 |
1971 | 2 | - | 81.78 |
1971 | 3 | - | 84.79 |
1971 | 4 | - | 83.85 |
1971 | 5 | - | 82.51 |
1971 | 6 | - | 82.13 |
1971 | 7 | - | 80.88 |
1971 | 8 | - | 82.89 |
1971 | 9 | - | 81.35 |
1971 | 10 | - | 77.79 |
1971 | 11 | - | 83.36 |
1971 | 12 | - | 87.05 |
1972 | 1 | - | 88.87 |
1972 | 2 | - | 91.20 |
1972 | 3 | - | 92.34 |
1972 | 4 | - | 91.63 |
1972 | 5 | - | 92.10 |
1972 | 6 | - | 91.64 |
1972 | 7 | - | 95.10 |
1972 | 8 | - | 93.95 |
1972 | 9 | - | 94.34 |
1972 | 10 | - | 99.30 |
1972 | 11 | - | 101.60 |
1972 | 12 | - | 102.60 |
1973 | 1 | - | 99.19 |
1973 | 2 | - | 97.86 |
1973 | 3 | - | 96.26 |
1973 | 4 | - | 93.78 |
1973 | 5 | - | 91.92 |
1973 | 6 | - | 93.03 |
1973 | 7 | - | 91.51 |
1973 | 8 | - | 93.33 |
1973 | 9 | - | 97.29 |
1973 | 10 | - | 90.62 |
1973 | 11 | - | 84.45 |
1973 | 12 | - | 85.89 |
1974 | 1 | - | 83.77 |
1974 | 2 | - | 87.60 |
1974 | 3 | - | 83.38 |
1974 | 4 | - | 81.12 |
1974 | 5 | - | 81.49 |
1974 | 6 | - | 72.25 |
1974 | 7 | - | 69.53 |
1974 | 8 | - | 62.56 |
1974 | 9 | - | 64.05 |
1974 | 10 | - | 66.45 |
1974 | 11 | - | 62.40 |
1974 | 12 | - | 67.79 |
1975 | 1 | - | 75.11 |
1975 | 2 | - | 78.85 |
1975 | 3 | - | 80.02 |
1975 | 4 | - | 85.39 |
1975 | 5 | - | 87.87 |
1975 | 6 | - | 88.25 |
1975 | 7 | - | 82.07 |
1975 | 8 | - | 81.37 |
1975 | 9 | - | 85.42 |
1975 | 10 | - | 87.16 |
1975 | 11 | - | 86.13 |
1975 | 12 | - | 94.35 |
1976 | 1 | - | 98.30 |
1976 | 2 | - | 99.09 |
1976 | 3 | - | 100.17 |
1976 | 4 | - | 99.79 |
1976 | 5 | - | 100.69 |
1976 | 6 | - | 103.37 |
1976 | 7 | - | 102.79 |
1976 | 8 | - | 105.30 |
1976 | 9 | - | 102.02 |
1976 | 10 | - | 101.65 |
1976 | 11 | - | 105.50 |
1976 | 12 | - | 104.93 |
1977 | 1 | - | 102.45 |
1977 | 2 | - | 102.39 |
1977 | 3 | - | 101.17 |
1977 | 4 | - | 101.23 |
1977 | 5 | - | 102.14 |
1977 | 6 | - | 103.45 |
1977 | 7 | - | 101.30 |
1977 | 8 | - | 100.11 |
1977 | 9 | - | 97.91 |
1977 | 10 | - | 98.87 |
1977 | 11 | - | 98.79 |
1977 | 12 | - | 95.44 |
1978 | 1 | - | 94.52 |
1978 | 2 | - | 94.77 |
1978 | 3 | - | 99.35 |
1978 | 4 | - | 104.81 |
1978 | 5 | - | 105.52 |
1978 | 6 | - | 105.45 |
1978 | 7 | - | 113.18 |
1978 | 8 | - | 113.63 |
1978 | 9 | - | 110.48 |
1978 | 10 | - | 104.48 |
1978 | 11 | - | 106.48 |
1978 | 12 | - | 110.94 |
1979 | 1 | - | 109.77 |
1979 | 2 | - | 112.34 |
1979 | 3 | - | 115.07 |
1979 | 4 | - | 112.89 |
1979 | 5 | - | 115.62 |
1979 | 6 | - | 117.26 |
1979 | 7 | - | 123.14 |
1979 | 8 | - | 125.04 |
1979 | 9 | - | 120.85 |
1979 | 10 | - | 120.46 |
1979 | 11 | - | 125.76 |
1979 | 12 | - | 129.93 |
1980 | 1 | - | 135.64 |
1980 | 2 | - | 123.73 |
1980 | 3 | - | 122.30 |
1980 | 4 | - | 128.45 |
1980 | 5 | - | 137.27 |
1980 | 6 | - | 144.09 |
1980 | 7 | - | 149.14 |
1980 | 8 | - | 153.37 |
1980 | 9 | - | 158.47 |
1980 | 10 | - | 165.78 |
1980 | 11 | - | 163.72 |
1980 | 12 | - | 163.74 |
1981 | 1 | - | 158.71 |
1981 | 2 | - | 165.28 |
1981 | 3 | - | 167.42 |
1981 | 4 | - | 164.72 |
1981 | 5 | - | 166.13 |
1981 | 6 | - | 162.78 |
1981 | 7 | - | 164.09 |
1981 | 8 | - | 150.46 |
1981 | 9 | - | 153.06 |
1981 | 10 | - | 157.72 |
1981 | 11 | - | 159.58 |
1981 | 12 | - | 151.91 |
1982 | 1 | - | 149.01 |
1982 | 2 | - | 144.92 |
1982 | 3 | - | 152.84 |
1982 | 4 | - | 153.71 |
1982 | 5 | - | 145.61 |
1982 | 6 | - | 145.97 |
1982 | 7 | - | 147.12 |
1982 | 8 | - | 164.92 |
1982 | 9 | - | 179.57 |
1982 | 10 | - | 187.65 |
1982 | 11 | - | 190.19 |
1982 | 12 | - | 197.66 |
1983 | 1 | - | 201.87 |
1983 | 2 | - | 209.67 |
1983 | 3 | - | 218.47 |
1983 | 4 | - | 228.14 |
1983 | 5 | - | 232.14 |
1983 | 6 | - | 233.78 |
1983 | 7 | - | 228.16 |
1983 | 8 | - | 235.72 |
1983 | 9 | - | 237.24 |
1983 | 10 | - | 234.54 |
1983 | 11 | - | 234.24 |
1983 | 12 | - | 237.93 |
1984 | 1 | - | 225.76 |
1984 | 2 | - | 226.76 |
1984 | 3 | - | 227.91 |
1984 | 4 | - | 227.34 |
1984 | 5 | - | 223.14 |
1984 | 6 | - | 221.11 |
1984 | 7 | - | 241.46 |
1984 | 8 | - | 244.86 |
1984 | 9 | - | 243.85 |
1984 | 10 | - | 246.99 |
1984 | 11 | - | 245.24 |
1984 | 12 | - | 256.76 |
1985 | 1 | - | 271.62 |
1985 | 2 | - | 270.32 |
1985 | 3 | - | 273.09 |
1985 | 4 | - | 280.56 |
1985 | 5 | - | 287.61 |
1985 | 6 | - | 294.07 |
1985 | 7 | - | 288.64 |
1985 | 8 | - | 283.20 |
1985 | 9 | - | 287.44 |
1985 | 10 | - | 305.89 |
1985 | 11 | - | 322.09 |
1985 | 12 | - | 324.51 |
1986 | 1 | - | 343.00 |
1986 | 2 | - | 364.20 |
1986 | 3 | - | 374.19 |
1986 | 4 | - | 376.03 |
1986 | 5 | - | 387.81 |
1986 | 6 | - | 380.82 |
1986 | 7 | - | 389.50 |
1986 | 8 | - | 379.93 |
1986 | 9 | - | 379.59 |
1986 | 10 | - | 393.00 |
1986 | 11 | - | 399.72 |
1986 | 12 | - | 426.39 |
1987 | 1 | - | 453.95 |
1987 | 2 | - | 473.81 |
1987 | 3 | - | 469.76 |
1987 | 4 | - | 470.57 |
1987 | 5 | - | 491.74 |
1987 | 6 | - | 507.09 |
1987 | 7 | - | 539.82 |
1987 | 8 | - | 523.46 |
1987 | 9 | - | 461.41 |
1987 | 10 | - | 404.64 |
1987 | 11 | - | 399.24 |
1987 | 12 | - | 416.19 |
1988 | 1 | - | 430.04 |
1988 | 2 | - | 443.94 |
1988 | 3 | - | 440.01 |
1988 | 4 | - | 430.38 |
1988 | 5 | - | 456.20 |
1988 | 6 | - | 454.80 |
1988 | 7 | - | 446.98 |
1988 | 8 | - | 455.60 |
1988 | 9 | - | 472.92 |
1988 | 10 | - | 463.36 |
1988 | 11 | - | 474.14 |
1988 | 12 | - | 490.79 |
1989 | 1 | - | 506.99 |
1989 | 2 | - | 506.17 |
1989 | 3 | - | 524.21 |
1989 | 4 | - | 545.79 |
1989 | 5 | - | 564.30 |
1989 | 6 | - | 580.10 |
1989 | 7 | - | 607.32 |
1989 | 8 | - | 610.08 |
1989 | 9 | - | 611.83 |
1989 | 10 | - | 600.73 |
1989 | 11 | - | 617.17 |
1989 | 12 | - | 603.53 |
1990 | 1 | - | 588.27 |
1990 | 2 | - | 604.20 |
1990 | 3 | - | 605.38 |
1990 | 4 | - | 628.70 |
1990 | 5 | - | 648.63 |
1990 | 6 | - | 649.73 |
1990 | 7 | - | 598.65 |
1990 | 8 | - | 572.66 |
1990 | 9 | - | 559.40 |
1990 | 10 | - | 576.09 |
1990 | 11 | - | 602.52 |
1990 | 12 | - | 598.39 |
1991 | 1 | - | 667.84 |
1991 | 2 | - | 688.17 |
1991 | 3 | - | 703.72 |
1991 | 4 | - | 702.46 |
1991 | 5 | - | 704.90 |
1991 | 6 | - | 710.40 |
1991 | 7 | - | 729.43 |
1991 | 8 | - | 727.22 |
1991 | 9 | - | 728.54 |
1991 | 10 | - | 728.66 |
1991 | 11 | - | 735.47 |
1991 | 12 | - | 789.59 |
1992 | 1 | - | 784.84 |
1992 | 2 | - | 776.90 |
1992 | 3 | - | 778.95 |
1992 | 4 | - | 795.06 |
1992 | 5 | - | 784.49 |
1992 | 6 | - | 799.49 |
1992 | 7 | - | 807.02 |
1992 | 8 | - | 810.08 |
1992 | 9 | - | 800.50 |
1992 | 10 | - | 822.57 |
1992 | 11 | - | 849.48 |
1992 | 12 | - | 850.69 |
1993 | 1 | - | 865.36 |
1993 | 2 | - | 883.96 |
1993 | 3 | - | 872.10 |
1993 | 4 | - | 878.42 |
1993 | 5 | - | 886.02 |
1993 | 6 | - | 886.57 |
1993 | 7 | - | 902.19 |
1993 | 8 | - | 914.41 |
1993 | 9 | - | 925.77 |
1993 | 10 | - | 925.84 |
1993 | 11 | - | 934.05 |
1993 | 12 | - | 950.27 |
1994 | 1 | - | 949.55 |
1994 | 2 | - | 936.03 |
1994 | 3 | - | 904.71 |
1994 | 4 | - | 914.28 |
1994 | 5 | - | 924.41 |
1994 | 6 | - | 919.62 |
1994 | 7 | - | 947.96 |
1994 | 8 | - | 955.71 |
1994 | 9 | - | 951.46 |
1994 | 10 | - | 947.94 |
1994 | 11 | - | 938.22 |
1994 | 12 | - | 961.22 |
1995 | 1 | - | 997.93 |
1995 | 2 | - | 1,023.46 |
1995 | 3 | - | 1,056.37 |
1995 | 4 | - | 1,091.73 |
1995 | 5 | - | 1,126.43 |
1995 | 6 | - | 1,166.39 |
1995 | 7 | - | 1,172.38 |
1995 | 8 | - | 1,215.96 |
1995 | 9 | - | 1,227.06 |
1995 | 10 | - | 1,256.00 |
1995 | 11 | - | 1,298.56 |
1995 | 12 | - | 1,300.68 |
1996 | 1 | - | 1,377.47 |
1996 | 2 | - | 1,374.71 |
1996 | 3 | - | 1,377.42 |
1996 | 4 | - | 1,409.85 |
1996 | 5 | - | 1,427.88 |
1996 | 6 | - | 1,378.24 |
1996 | 7 | - | 1,420.63 |
1996 | 8 | - | 1,449.38 |
1996 | 9 | - | 1,509.09 |
1996 | 10 | - | 1,585.33 |
1996 | 11 | - | 1,604.32 |
1996 | 12 | - | 1,656.58 |
1997 | 1 | - | 1,728.83 |
1997 | 2 | - | 1,718.05 |
1997 | 3 | - | 1,659.54 |
1997 | 4 | - | 1,812.52 |
1997 | 5 | - | 1,909.25 |
1997 | 6 | - | 2,018.76 |
1997 | 7 | - | 2,025.78 |
1997 | 8 | - | 2,049.93 |
1997 | 9 | - | 2,083.66 |
1997 | 10 | - | 2,059.65 |
1997 | 11 | - | 2,113.92 |
1997 | 12 | - | 2,118.93 |
1998 | 1 | - | 2,254.59 |
1998 | 2 | - | 2,374.37 |
1998 | 3 | - | 2,455.23 |
1998 | 4 | - | 2,449.79 |
1998 | 5 | - | 2,452.64 |
1998 | 6 | - | 2,562.22 |
1998 | 7 | - | 2,383.60 |
1998 | 8 | - | 2,266.84 |
1998 | 9 | - | 2,296.11 |
1998 | 10 | - | 2,548.09 |
1998 | 11 | - | 2,652.67 |
1998 | 12 | - | 2,786.56 |
1999 | 1 | - | 2,784.70 |
1999 | 2 | - | 2,866.12 |
1999 | 3 | - | 2,987.93 |
1999 | 4 | - | 2,984.97 |
1999 | 5 | - | 2,966.71 |
1999 | 6 | - | 3,100.88 |
1999 | 7 | - | 2,983.84 |
1999 | 8 | - | 2,966.00 |
1999 | 9 | - | 2,928.25 |
1999 | 10 | - | 3,136.33 |
1999 | 11 | - | 3,224.43 |
1999 | 12 | - | 3,220.59 |
2000 | 1 | - | 3,140.78 |
2000 | 2 | - | 3,264.56 |
2000 | 3 | - | 3,311.07 |
2000 | 4 | - | 3,217.07 |
2000 | 5 | - | 3,318.85 |
2000 | 6 | - | 3,347.07 |
2000 | 7 | - | 3,378.52 |
2000 | 8 | - | 3,342.04 |
2000 | 9 | - | 3,167.78 |
2000 | 10 | - | 3,143.31 |
2000 | 11 | - | 3,038.95 |
2000 | 12 | - | 3,052.78 |
2001 | 1 | - | 2,987.56 |
2001 | 2 | - | 2,716.29 |
2001 | 3 | - | 2,728.48 |
2001 | 4 | - | 2,916.18 |
2001 | 5 | - | 2,846.52 |
2001 | 6 | - | 2,770.80 |
2001 | 7 | - | 2,714.11 |
2001 | 8 | - | 2,408.85 |
2001 | 9 | - | 2,485.55 |
2001 | 10 | - | 2,611.15 |
2001 | 11 | - | 2,649.43 |
2001 | 12 | - | 2,641.54 |
2002 | 1 | - | 2,552.97 |
2002 | 2 | - | 2,679.23 |
2002 | 3 | - | 2,585.07 |
2002 | 4 | - | 2,512.16 |
2002 | 5 | - | 2,363.41 |
2002 | 6 | - | 2,109.15 |
2002 | 7 | - | 2,133.17 |
2002 | 8 | - | 2,031.67 |
2002 | 9 | - | 2,003.90 |
2002 | 10 | - | 2,136.67 |
2002 | 11 | - | 2,114.56 |
2002 | 12 | - | 2,109.85 |
2003 | 1 | - | 1,974.51 |
2003 | 2 | - | 2,000.33 |
2003 | 3 | - | 2,106.07 |
2003 | 4 | - | 2,217.94 |
2003 | 5 | - | 2,344.46 |
2003 | 6 | - | 2,358.43 |
2003 | 7 | - | 2,354.51 |
2003 | 8 | - | 2,428.94 |
2003 | 9 | - | 2,478.19 |
2003 | 10 | - | 2,508.19 |
2003 | 11 | - | 2,585.04 |
2003 | 12 | - | 2,712.61 |
2004 | 1 | - | 2,742.09 |
2004 | 2 | - | 2,699.17 |
2004 | 3 | - | 2,725.30 |
2004 | 4 | - | 2,655.42 |
2004 | 5 | - | 2,731.30 |
2004 | 6 | - | 2,670.15 |
2004 | 7 | - | 2,633.10 |
2004 | 8 | - | 2,706.37 |
2004 | 9 | - | 2,709.15 |
2004 | 10 | - | 2,838.48 |
2004 | 11 | - | 2,915.90 |
2004 | 12 | - | 2,876.56 |
2005 | 1 | - | 2,924.92 |
2005 | 2 | - | 2,917.44 |
2005 | 3 | - | 2,847.16 |
2005 | 4 | - | 2,885.20 |
2005 | 5 | - | 2,948.11 |
2005 | 6 | - | 3,001.41 |
2005 | 7 | - | 3,010.71 |
2005 | 8 | - | 3,019.14 |
2005 | 9 | - | 2,939.91 |
2005 | 10 | - | 3,056.37 |
2005 | 11 | - | 3,121.90 |
2005 | 12 | - | 3,167.70 |
2006 | 1 | - | 3,167.17 |
2006 | 2 | - | 3,214.24 |
2006 | 3 | - | 3,239.90 |
2006 | 4 | - | 3,214.41 |
2006 | 5 | - | 3,127.44 |
2006 | 6 | - | 3,149.96 |
2006 | 7 | - | 3,222.14 |
2006 | 8 | - | 3,303.70 |
2006 | 9 | - | 3,423.16 |
2006 | 10 | - | 3,491.68 |
2006 | 11 | - | 3,566.69 |
2006 | 12 | - | 3,591.40 |
2007 | 1 | - | 3,648.72 |
2007 | 2 | - | 3,558.46 |
2007 | 3 | - | 3,707.21 |
2007 | 4 | - | 3,832.95 |
2007 | 5 | - | 3,846.17 |
2007 | 6 | - | 3,868.27 |
2007 | 7 | - | 3,705.76 |
2007 | 8 | - | 3,819.70 |
2007 | 9 | - | 3,933.97 |
2007 | 10 | - | 3,744.90 |
2007 | 11 | - | 3,791.27 |
2007 | 12 | - | 3,539.71 |
2008 | 1 | - | 3,484.35 |
2008 | 2 | - | 3,392.83 |
2008 | 3 | - | 3,536.81 |
2008 | 4 | - | 3,627.45 |
2008 | 5 | - | 3,473.40 |
2008 | 6 | - | 3,262.27 |
2008 | 7 | - | 3,331.13 |
2008 | 8 | - | 3,169.65 |
2008 | 9 | - | 2,529.58 |
2008 | 10 | - | 2,311.90 |
2008 | 11 | - | 2,303.78 |
2008 | 12 | - | 2,278.54 |
2009 | 1 | - | 2,125.82 |
2009 | 2 | - | 2,004.92 |
2009 | 3 | - | 2,251.96 |
2009 | 4 | - | 2,401.94 |
2009 | 5 | - | 2,470.85 |
2009 | 6 | - | 2,502.41 |
2009 | 7 | - | 2,705.63 |
2009 | 8 | - | 2,804.39 |
2009 | 9 | - | 2,871.79 |
2009 | 10 | - | 2,931.93 |
2009 | 11 | - | 2,997.19 |
2009 | 12 | - | 3,037.86 |
2010 | 1 | - | 2,949.81 |
2010 | 2 | - | 3,125.12 |
2010 | 3 | - | 3,252.87 |
2010 | 4 | - | 3,061.52 |
2010 | 5 | - | 2,953.04 |
2010 | 6 | - | 2,948.34 |
2010 | 7 | - | 2,973.80 |
2010 | 8 | - | 3,074.05 |
2010 | 9 | - | 3,214.77 |
2010 | 10 | - | 3,294.84 |
2010 | 11 | - | 3,417.21 |
2010 | 12 | - | 3,535.52 |
2011 | 1 | - | 3,646.91 |
2011 | 2 | - | 3,606.34 |
2011 | 3 | - | 3,686.44 |
2011 | 4 | - | 3,710.74 |
2011 | 5 | - | 3,574.83 |
2011 | 6 | - | 3,685.71 |
2011 | 7 | - | 3,302.38 |
2011 | 8 | - | 3,276.31 |
2011 | 9 | - | 3,375.22 |
2011 | 10 | - | 3,434.87 |
2011 | 11 | - | 3,488.27 |
2011 | 12 | - | 3,655.10 |
2012 | 1 | - | 3,807.25 |
2012 | 2 | - | 3,917.04 |
2012 | 3 | - | 3,915.54 |
2012 | 4 | - | 3,794.52 |
2012 | 5 | - | 3,750.79 |
2012 | 6 | - | 3,860.35 |
2012 | 7 | - | 3,991.13 |
2012 | 8 | - | 4,111.71 |
2012 | 9 | - | 4,102.78 |
2012 | 10 | - | 3,986.36 |
2012 | 11 | - | 4,073.09 |
2012 | 12 | - | 4,246.96 |
2013 | 1 | - | 4,346.04 |
2013 | 2 | - | 4,464.36 |
2013 | 3 | - | 4,529.26 |
2013 | 4 | - | 4,736.44 |
2013 | 5 | - | 4,683.50 |
2013 | 6 | - | 4,835.92 |
2013 | 7 | - | 4,848.14 |
2013 | 8 | - | 4,905.95 |
2013 | 9 | - | 5,009.83 |
2013 | 10 | - | 5,203.21 |
2013 | 11 | - | 5,282.39 |
2013 | 12 | - | 5,333.51 |
2014 | 1 | - | 5,326.58 |
2014 | 2 | - | 5,471.58 |
2014 | 3 | - | 5,482.62 |
2014 | 4 | - | 5,566.61 |
2014 | 5 | - | 5,744.54 |
2014 | 6 | - | 5,830.47 |
2014 | 7 | - | 5,805.57 |
2014 | 8 | - | 5,908.80 |
2014 | 9 | - | 5,752.42 |
2014 | 10 | - | 6,080.63 |
2014 | 11 | - | 6,119.18 |
2014 | 12 | - | 6,051.25 |
2015 | 1 | - | 6,222.34 |
2015 | 2 | - | 6,225.79 |
2015 | 3 | - | 6,280.48 |
2015 | 4 | - | 6,341.96 |
2015 | 5 | - | 6,314.34 |
2015 | 6 | - | 6,309.31 |
2015 | 7 | - | 6,156.35 |
2015 | 8 | - | 5,878.87 |
2015 | 9 | - | 6,132.67 |
2015 | 10 | - | 6,312.51 |
2015 | 11 | - | 6,242.88 |
2015 | 12 | - | 5,842.12 |
2016 | 1 | - | 5,809.99 |
2016 | 2 | - | 6,179.66 |
2016 | 3 | - | 6,354.63 |
2016 | 4 | - | 6,335.28 |
2016 | 5 | - | 6,402.85 |
2016 | 6 | - | 6,613.98 |
2016 | 7 | - | 6,693.30 |
2016 | 8 | - | 6,663.94 |
2016 | 9 | - | 6,630.22 |
2016 | 10 | - | 6,709.86 |
2016 | 11 | - | 6,974.63 |
2016 | 12 | - | 7,074.90 |
2017 | 1 | - | 7,257.18 |
2017 | 2 | - | 7,384.12 |
2017 | 3 | - | 7,372.75 |
2017 | 4 | - | 7,497.53 |
2017 | 5 | - | 7,630.71 |
2017 | 6 | - | 7,706.10 |
2017 | 7 | - | 7,725.19 |
2017 | 8 | - | 7,852.91 |
2017 | 9 | - | 8,067.67 |
2017 | 10 | - | 8,195.91 |
2017 | 11 | - | 8,432.24 |
2017 | 12 | - | 8,842.21 |
2018 | 1 | - | 8,586.96 |
2018 | 2 | - | 8,592.51 |
2018 | 3 | - | 8,449.53 |
2018 | 4 | - | 8,615.28 |
2018 | 5 | - | 8,797.32 |
2018 | 6 | - | 8,936.38 |
2018 | 7 | - | 9,155.39 |
2018 | 8 | - | 9,309.18 |
2018 | 9 | - | 8,950.87 |
2018 | 10 | - | 8,765.04 |
2018 | 11 | - | 8,277.48 |
2018 | 12 | - | 8,421.15 |
2019 | 1 | - | 8,912.01 |
2019 | 2 | - | 9,085.62 |
2019 | 3 | - | 9,423.90 |
2019 | 4 | - | 9,279.54 |
2019 | 5 | - | 9,409.90 |
2019 | 6 | - | 9,770.05 |
2019 | 7 | - | 9,463.81 |
2019 | 8 | - | 9,755.79 |
2019 | 9 | - | 9,756.75 |
2019 | 10 | - | 10,189.33 |
2019 | 11 | - | 10,440.94 |
2019 | 12 | - | 10,790.34 |
2020 | 1 | - | 10,803.51 |
2020 | 2 | - | 8,759.73 |
2020 | 3 | - | 9,138.03 |
2020 | 4 | - | 9,676.02 |
2020 | 5 | - | 10,305.76 |
2020 | 6 | - | 10,664.04 |
2020 | 7 | - | 11,292.52 |
2020 | 8 | - | 11,221.72 |
2020 | 9 | - | 11,415.40 |
2020 | 10 | - | 11,866.78 |
2020 | 11 | - | 12,372.32 |
2020 | 12 | - | 12,718.16 |
2021 | 1 | - | 13,035.04 |
2021 | 2 | - | 13,142.10 |
2021 | 3 | - | 13,933.45 |
2021 | 4 | - | 14,039.38 |
2021 | 5 | - | 14,293.55 |
2021 | 6 | - | 14,732.10 |
2021 | 7 | - | 15,054.02 |
2021 | 8 | - | 15,041.30 |
2021 | 9 | - | 15,109.32 |
2021 | 10 | - | 15,826.21 |
2021 | 11 | - | 15,868.22 |
2021 | 12 | - | 15,542.61 |
2022 | 1 | - | 15,091.47 |
2022 | 2 | - | 14,956.77 |
2022 | 3 | - | 14,974.46 |
2022 | 4 | - | 13,795.57 |
2022 | 5 | - | 13,330.74 |
2022 | 6 | - | 13,392.69 |
2022 | 7 | - | 14,256.17 |
2022 | 8 | - | 13,218.69 |
2022 | 9 | - | 12,810.07 |
2022 | 10 | - | 13,487.10 |
2022 | 11 | - | 13,488.56 |
2022 | 12 | - | 13,674.22 |
2023 | 1 | - | 14,104.55 |
2023 | 2 | - | 13,739.88 |
2023 | 3 | - | 14,288.96 |
2023 | 4 | - | 14,394.37 |
2023 | 5 | - | 15,105.77 |
2023 | 6 | - | 15,691.27 |
2023 | 7 | - | 15,514.74 |
2023 | 8 | - | 15,718.05 |
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 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.
Start Value Average monthly close | $86.12 |
End Value Average monthly close | $3,960.66 |
Change in price | +4,499.00% +6.82% / yr |
Change incl. dividends | +27,056.17% +10.02% / yr |
Change incl. dividends, inflation-adjusted | +2,707.39% +5.85% / yr |
Final amount, nominal ($60 base) | $16,293.70 |
Final amount, inflation-adjusted ($60 base) | $1,684.44 |