Stock market returns between 1975 and 2021
If you invested $1000000 in the S&P 500 at the beginning of 1975, you would have about $229,281,879.27 at the end of 2021, assuming you reinvested all dividends. This is a return on investment of 22,828.19%, or 12.26% per year.
This lump-sum investment beats inflation during this period for an inflation-adjusted return of about 4,452.30% cumulatively, or 8.46% per year.
If you used dollar-cost averaging (monthly) instead of a lump-sum investment, you'd have $171,531,861.05.
The graph below shows the performance of $1000000 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 $1000000 is $228,281,879.27, or 22,828.19%. This means by 2021 you would have $229,281,879.27 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 1975 was 53.800 and the CPI in 2021 was 270.970.
The ratio between these CPIs describes how relative buying power of a dollar has changed over 46 years.
Adjusted for inflation, the $229,281,879.27 nominal end value of the original $1000000 investment would have a real return of roughly $44,522,963.86 in 1975 dollars. This means the inflation-adjusted return is 4,452.30% as opposed to the original 22,828.19%.
For more information on inflation, see our U.S. inflation calculator for 1975.
Full monthly data
The table below shows the full dataset pertaining to a $1000000 investment, including gains and losses over the 564-month period between 1975 and 2021.
Note that data shown is the monthly average closing price. Returns include dividends.
| Year | Month | Return (%) | Amount ($) | CPI |
|---|---|---|---|---|
| 1975 | 1 | 10.81% | 1,108,075.31 | 52.10 |
| 1975 | 2 | 4.97% | 1,163,187.03 | 52.50 |
| 1975 | 3 | 1.49% | 1,180,483.97 | 52.70 |
| 1975 | 4 | 6.71% | 1,259,725.54 | 52.90 |
| 1975 | 5 | 2.89% | 1,296,189.85 | 53.20 |
| 1975 | 6 | 0.43% | 1,301,789.38 | 53.60 |
| 1975 | 7 | -7.00% | 1,210,712.91 | 54.20 |
| 1975 | 8 | -0.85% | 1,200,389.39 | 54.30 |
| 1975 | 9 | 4.97% | 1,260,063.88 | 54.60 |
| 1975 | 10 | 2.04% | 1,285,790.60 | 54.90 |
| 1975 | 11 | -1.18% | 1,270,622.92 | 55.30 |
| 1975 | 12 | 9.55% | 1,391,907.48 | 55.50 |
| 1976 | 1 | 4.18% | 1,450,063.29 | 55.60 |
| 1976 | 2 | 0.80% | 1,461,698.72 | 55.80 |
| 1976 | 3 | 1.10% | 1,477,710.90 | 55.90 |
| 1976 | 4 | -0.38% | 1,472,047.22 | 56.10 |
| 1976 | 5 | 0.90% | 1,485,304.22 | 56.50 |
| 1976 | 6 | 2.67% | 1,524,892.88 | 56.80 |
| 1976 | 7 | -0.56% | 1,516,344.01 | 57.10 |
| 1976 | 8 | 2.44% | 1,553,310.71 | 57.40 |
| 1976 | 9 | -3.11% | 1,505,030.47 | 57.60 |
| 1976 | 10 | -0.37% | 1,499,512.36 | 57.90 |
| 1976 | 11 | 3.79% | 1,556,291.49 | 58.00 |
| 1976 | 12 | -0.54% | 1,547,930.32 | 58.20 |
| 1977 | 1 | -2.37% | 1,511,265.99 | 58.50 |
| 1977 | 2 | -0.05% | 1,510,447.17 | 59.10 |
| 1977 | 3 | -1.19% | 1,492,417.40 | 59.50 |
| 1977 | 4 | 0.06% | 1,493,380.03 | 60.00 |
| 1977 | 5 | 0.90% | 1,506,816.99 | 60.30 |
| 1977 | 6 | 1.28% | 1,526,140.99 | 60.70 |
| 1977 | 7 | -2.08% | 1,494,418.32 | 61.00 |
| 1977 | 8 | -1.18% | 1,476,853.91 | 61.20 |
| 1977 | 9 | -2.20% | 1,444,394.74 | 61.40 |
| 1977 | 10 | 0.98% | 1,458,566.30 | 61.60 |
| 1977 | 11 | -0.08% | 1,457,397.41 | 61.90 |
| 1977 | 12 | -3.39% | 1,407,986.43 | 62.10 |
| 1978 | 1 | -0.97% | 1,394,300.92 | 62.50 |
| 1978 | 2 | 0.27% | 1,398,005.09 | 62.90 |
| 1978 | 3 | 4.83% | 1,465,528.64 | 63.40 |
| 1978 | 4 | 5.50% | 1,546,196.04 | 63.90 |
| 1978 | 5 | 0.67% | 1,556,610.54 | 64.50 |
| 1978 | 6 | -0.06% | 1,555,640.91 | 65.20 |
| 1978 | 7 | 7.33% | 1,669,640.51 | 65.70 |
| 1978 | 8 | 0.40% | 1,676,313.88 | 66.00 |
| 1978 | 9 | -2.77% | 1,629,821.32 | 66.50 |
| 1978 | 10 | -5.44% | 1,541,197.31 | 67.10 |
| 1978 | 11 | 1.92% | 1,570,831.89 | 67.40 |
| 1978 | 12 | 4.19% | 1,636,576.05 | 67.70 |
| 1979 | 1 | -1.06% | 1,619,278.19 | 68.30 |
| 1979 | 2 | 2.34% | 1,657,188.10 | 69.10 |
| 1979 | 3 | 2.43% | 1,697,472.73 | 69.80 |
| 1979 | 4 | -1.89% | 1,665,339.16 | 70.60 |
| 1979 | 5 | 2.42% | 1,705,601.04 | 71.50 |
| 1979 | 6 | 1.42% | 1,729,835.00 | 72.30 |
| 1979 | 7 | 5.01% | 1,816,574.73 | 73.10 |
| 1979 | 8 | 1.54% | 1,844,558.17 | 73.80 |
| 1979 | 9 | -3.35% | 1,782,719.05 | 74.60 |
| 1979 | 10 | -0.32% | 1,776,970.94 | 75.20 |
| 1979 | 11 | 4.40% | 1,855,228.68 | 75.90 |
| 1979 | 12 | 3.31% | 1,916,682.41 | 76.70 |
| 1980 | 1 | 4.40% | 2,000,936.93 | 77.80 |
| 1980 | 2 | -8.78% | 1,825,298.17 | 78.90 |
| 1980 | 3 | -1.16% | 1,804,087.29 | 80.10 |
| 1980 | 4 | 5.04% | 1,894,943.62 | 81.00 |
| 1980 | 5 | 6.86% | 2,024,987.62 | 81.80 |
| 1980 | 6 | 4.97% | 2,125,618.55 | 82.70 |
| 1980 | 7 | 3.50% | 2,200,114.75 | 82.70 |
| 1980 | 8 | 2.84% | 2,262,505.77 | 83.30 |
| 1980 | 9 | 3.32% | 2,337,728.87 | 84.00 |
| 1980 | 10 | 4.61% | 2,445,607.94 | 84.80 |
| 1980 | 11 | -1.24% | 2,415,165.49 | 85.50 |
| 1980 | 12 | 0.01% | 2,415,406.71 | 86.30 |
| 1981 | 1 | -3.07% | 2,341,249.49 | 87.00 |
| 1981 | 2 | 4.14% | 2,438,254.53 | 87.90 |
| 1981 | 3 | 1.29% | 2,469,800.51 | 88.50 |
| 1981 | 4 | -1.62% | 2,429,857.17 | 89.10 |
| 1981 | 5 | 0.86% | 2,450,695.35 | 89.80 |
| 1981 | 6 | -2.02% | 2,401,283.18 | 90.60 |
| 1981 | 7 | 0.80% | 2,420,555.03 | 91.60 |
| 1981 | 8 | -8.30% | 2,219,584.01 | 92.30 |
| 1981 | 9 | 1.73% | 2,257,921.71 | 93.20 |
| 1981 | 10 | 3.04% | 2,326,646.76 | 93.40 |
| 1981 | 11 | 1.18% | 2,354,086.51 | 93.70 |
| 1981 | 12 | -4.80% | 2,240,993.38 | 94.00 |
| 1982 | 1 | -1.91% | 2,198,103.10 | 94.30 |
| 1982 | 2 | -2.74% | 2,137,775.24 | 94.60 |
| 1982 | 3 | 5.47% | 2,254,696.89 | 94.50 |
| 1982 | 4 | 0.57% | 2,267,540.71 | 94.90 |
| 1982 | 5 | -5.27% | 2,148,027.29 | 95.80 |
| 1982 | 6 | 0.24% | 2,153,265.19 | 97.00 |
| 1982 | 7 | 0.79% | 2,170,361.62 | 97.50 |
| 1982 | 8 | 12.10% | 2,432,896.68 | 97.70 |
| 1982 | 9 | 8.88% | 2,648,971.96 | 97.90 |
| 1982 | 10 | 4.50% | 2,768,173.49 | 98.20 |
| 1982 | 11 | 1.36% | 2,805,696.05 | 98.00 |
| 1982 | 12 | 3.93% | 2,915,840.75 | 97.60 |
| 1983 | 1 | 2.13% | 2,977,948.58 | 97.80 |
| 1983 | 2 | 3.87% | 3,093,064.60 | 97.90 |
| 1983 | 3 | 4.20% | 3,222,892.54 | 97.90 |
| 1983 | 4 | 4.42% | 3,365,473.69 | 98.60 |
| 1983 | 5 | 1.75% | 3,424,487.41 | 99.20 |
| 1983 | 6 | 0.71% | 3,448,737.33 | 99.50 |
| 1983 | 7 | -2.41% | 3,365,719.82 | 99.90 |
| 1983 | 8 | 3.31% | 3,477,254.20 | 100.20 |
| 1983 | 9 | 0.65% | 3,499,784.25 | 100.70 |
| 1983 | 10 | -1.14% | 3,459,836.90 | 101.00 |
| 1983 | 11 | -0.13% | 3,455,403.90 | 101.20 |
| 1983 | 12 | 1.58% | 3,509,858.74 | 101.30 |
| 1984 | 1 | -5.11% | 3,330,428.46 | 101.90 |
| 1984 | 2 | 0.44% | 3,345,160.97 | 102.40 |
| 1984 | 3 | 0.51% | 3,362,127.64 | 102.60 |
| 1984 | 4 | -0.25% | 3,353,635.79 | 103.10 |
| 1984 | 5 | -1.85% | 3,291,650.41 | 103.40 |
| 1984 | 6 | -0.91% | 3,261,747.48 | 103.70 |
| 1984 | 7 | 9.21% | 3,562,042.20 | 104.10 |
| 1984 | 8 | 1.41% | 3,612,159.00 | 104.50 |
| 1984 | 9 | -0.41% | 3,597,262.38 | 105.00 |
| 1984 | 10 | 1.29% | 3,643,519.65 | 105.30 |
| 1984 | 11 | -0.71% | 3,617,739.68 | 105.30 |
| 1984 | 12 | 4.70% | 3,787,685.48 | 105.30 |
| 1985 | 1 | 5.79% | 4,006,892.50 | 105.50 |
| 1985 | 2 | -0.48% | 3,987,726.81 | 106.00 |
| 1985 | 3 | 1.02% | 4,028,589.52 | 106.40 |
| 1985 | 4 | 2.74% | 4,138,797.00 | 106.90 |
| 1985 | 5 | 2.51% | 4,242,720.82 | 107.30 |
| 1985 | 6 | 2.25% | 4,338,064.12 | 107.60 |
| 1985 | 7 | -1.85% | 4,258,013.37 | 107.80 |
| 1985 | 8 | -1.88% | 4,177,750.07 | 108.00 |
| 1985 | 9 | 1.50% | 4,240,230.99 | 108.30 |
| 1985 | 10 | 6.42% | 4,512,475.68 | 108.70 |
| 1985 | 11 | 5.29% | 4,751,389.38 | 109.00 |
| 1985 | 12 | 0.75% | 4,787,106.93 | 109.30 |
| 1986 | 1 | 5.70% | 5,059,840.20 | 109.60 |
| 1986 | 2 | 6.18% | 5,372,678.54 | 109.30 |
| 1986 | 3 | 2.74% | 5,519,966.56 | 108.80 |
| 1986 | 4 | 0.49% | 5,547,115.42 | 108.60 |
| 1986 | 5 | 3.13% | 5,720,919.87 | 108.90 |
| 1986 | 6 | -1.80% | 5,617,719.42 | 109.50 |
| 1986 | 7 | 2.28% | 5,745,851.38 | 109.50 |
| 1986 | 8 | -2.46% | 5,604,719.73 | 109.70 |
| 1986 | 9 | -0.09% | 5,599,682.62 | 110.20 |
| 1986 | 10 | 3.53% | 5,797,516.58 | 110.30 |
| 1986 | 11 | 1.71% | 5,896,592.64 | 110.40 |
| 1986 | 12 | 6.67% | 6,290,094.13 | 110.50 |
| 1987 | 1 | 6.46% | 6,696,552.33 | 111.20 |
| 1987 | 2 | 4.38% | 6,989,620.86 | 111.60 |
| 1987 | 3 | -0.86% | 6,929,761.03 | 112.10 |
| 1987 | 4 | 0.17% | 6,941,737.80 | 112.70 |
| 1987 | 5 | 4.50% | 7,254,007.95 | 113.10 |
| 1987 | 6 | 3.12% | 7,480,485.10 | 113.50 |
| 1987 | 7 | 6.45% | 7,963,276.46 | 113.80 |
| 1987 | 8 | -3.03% | 7,721,955.28 | 114.40 |
| 1987 | 9 | -11.85% | 6,806,603.54 | 115.00 |
| 1987 | 10 | -12.30% | 5,969,158.91 | 115.30 |
| 1987 | 11 | -1.33% | 5,889,488.91 | 115.40 |
| 1987 | 12 | 4.25% | 6,139,588.54 | 115.40 |
| 1988 | 1 | 3.33% | 6,343,948.75 | 115.70 |
| 1988 | 2 | 3.23% | 6,548,988.91 | 116.00 |
| 1988 | 3 | -0.89% | 6,490,963.28 | 116.50 |
| 1988 | 4 | -2.19% | 6,348,923.67 | 117.10 |
| 1988 | 5 | 6.00% | 6,729,744.78 | 117.50 |
| 1988 | 6 | -0.31% | 6,709,089.83 | 118.00 |
| 1988 | 7 | -1.72% | 6,593,795.10 | 118.50 |
| 1988 | 8 | 1.93% | 6,720,868.66 | 119.00 |
| 1988 | 9 | 3.80% | 6,976,370.34 | 119.80 |
| 1988 | 10 | -2.02% | 6,835,430.39 | 120.20 |
| 1988 | 11 | 2.33% | 6,994,419.31 | 120.30 |
| 1988 | 12 | 3.51% | 7,240,109.35 | 120.50 |
| 1989 | 1 | 3.30% | 7,479,022.24 | 121.10 |
| 1989 | 2 | -0.16% | 7,466,931.73 | 121.60 |
| 1989 | 3 | 3.56% | 7,733,112.84 | 122.30 |
| 1989 | 4 | 4.12% | 8,051,353.80 | 123.10 |
| 1989 | 5 | 3.39% | 8,324,505.83 | 123.80 |
| 1989 | 6 | 2.80% | 8,557,606.56 | 124.10 |
| 1989 | 7 | 4.69% | 8,959,022.73 | 124.40 |
| 1989 | 8 | 0.46% | 8,999,834.40 | 124.60 |
| 1989 | 9 | 0.29% | 9,025,596.96 | 125.00 |
| 1989 | 10 | -1.81% | 8,861,913.18 | 125.60 |
| 1989 | 11 | 2.74% | 9,104,437.72 | 125.90 |
| 1989 | 12 | -2.21% | 8,903,118.04 | 126.10 |
| 1990 | 1 | -2.53% | 8,678,119.89 | 127.40 |
| 1990 | 2 | 2.71% | 8,913,051.09 | 128.00 |
| 1990 | 3 | 0.20% | 8,930,519.39 | 128.70 |
| 1990 | 4 | 3.85% | 9,274,427.00 | 128.90 |
| 1990 | 5 | 3.17% | 9,568,422.37 | 129.20 |
| 1990 | 6 | 0.17% | 9,584,662.23 | 129.90 |
| 1990 | 7 | -7.86% | 8,831,190.19 | 130.40 |
| 1990 | 8 | -4.34% | 8,447,822.86 | 131.60 |
| 1990 | 9 | -2.32% | 8,252,190.81 | 132.70 |
| 1990 | 10 | 2.98% | 8,498,420.89 | 133.50 |
| 1990 | 11 | 4.59% | 8,888,209.93 | 133.80 |
| 1990 | 12 | -0.69% | 8,827,310.48 | 133.80 |
| 1991 | 1 | 11.61% | 9,851,876.54 | 134.60 |
| 1991 | 2 | 3.04% | 10,151,828.78 | 134.80 |
| 1991 | 3 | 2.26% | 10,381,141.18 | 135.00 |
| 1991 | 4 | -0.18% | 10,362,571.53 | 135.20 |
| 1991 | 5 | 0.35% | 10,398,530.78 | 135.60 |
| 1991 | 6 | 0.78% | 10,479,689.85 | 136.00 |
| 1991 | 7 | 2.68% | 10,760,433.75 | 136.20 |
| 1991 | 8 | -0.30% | 10,727,818.78 | 136.60 |
| 1991 | 9 | 0.18% | 10,747,305.43 | 137.20 |
| 1991 | 10 | 0.02% | 10,749,002.99 | 137.40 |
| 1991 | 11 | 0.94% | 10,849,521.20 | 137.80 |
| 1991 | 12 | 7.36% | 11,647,831.79 | 137.90 |
| 1992 | 1 | -0.60% | 11,577,846.26 | 138.10 |
| 1992 | 2 | -1.01% | 11,460,634.69 | 138.60 |
| 1992 | 3 | 0.26% | 11,490,925.54 | 139.30 |
| 1992 | 4 | 2.07% | 11,728,598.16 | 139.50 |
| 1992 | 5 | -1.33% | 11,572,710.71 | 139.70 |
| 1992 | 6 | 1.91% | 11,793,996.37 | 140.20 |
| 1992 | 7 | 0.94% | 11,905,062.78 | 140.50 |
| 1992 | 8 | 0.38% | 11,950,086.22 | 140.90 |
| 1992 | 9 | -1.18% | 11,808,829.54 | 141.30 |
| 1992 | 10 | 2.76% | 12,134,387.52 | 141.80 |
| 1992 | 11 | 3.27% | 12,531,327.59 | 142.00 |
| 1992 | 12 | 0.14% | 12,549,234.01 | 141.90 |
| 1993 | 1 | 1.72% | 12,765,613.84 | 142.60 |
| 1993 | 2 | 2.15% | 13,040,094.05 | 143.10 |
| 1993 | 3 | -1.34% | 12,865,129.22 | 143.60 |
| 1993 | 4 | 0.72% | 12,958,365.93 | 144.00 |
| 1993 | 5 | 0.87% | 13,070,479.44 | 144.20 |
| 1993 | 6 | 0.06% | 13,078,452.93 | 144.40 |
| 1993 | 7 | 1.76% | 13,308,956.19 | 144.40 |
| 1993 | 8 | 1.35% | 13,489,288.79 | 144.80 |
| 1993 | 9 | 1.24% | 13,656,813.20 | 145.10 |
| 1993 | 10 | 0.01% | 13,657,843.57 | 145.70 |
| 1993 | 11 | 0.89% | 13,779,013.20 | 145.80 |
| 1993 | 12 | 1.74% | 14,018,200.35 | 145.80 |
| 1994 | 1 | -0.08% | 14,007,588.42 | 146.20 |
| 1994 | 2 | -1.42% | 13,808,145.84 | 146.70 |
| 1994 | 3 | -3.35% | 13,346,073.16 | 147.20 |
| 1994 | 4 | 1.06% | 13,487,306.89 | 147.40 |
| 1994 | 5 | 1.11% | 13,636,758.80 | 147.50 |
| 1994 | 6 | -0.52% | 13,566,001.04 | 148.00 |
| 1994 | 7 | 3.08% | 13,984,115.77 | 148.40 |
| 1994 | 8 | 0.82% | 14,098,431.04 | 149.00 |
| 1994 | 9 | -0.44% | 14,035,833.07 | 149.40 |
| 1994 | 10 | -0.37% | 13,983,916.79 | 149.50 |
| 1994 | 11 | -1.03% | 13,840,482.88 | 149.70 |
| 1994 | 12 | 2.45% | 14,179,737.23 | 149.70 |
| 1995 | 1 | 3.82% | 14,721,274.68 | 150.30 |
| 1995 | 2 | 2.56% | 15,097,869.93 | 150.90 |
| 1995 | 3 | 3.22% | 15,583,349.95 | 151.40 |
| 1995 | 4 | 3.35% | 16,105,043.12 | 151.90 |
| 1995 | 5 | 3.18% | 16,616,929.34 | 152.20 |
| 1995 | 6 | 3.55% | 17,206,411.58 | 152.50 |
| 1995 | 7 | 0.51% | 17,294,701.83 | 152.50 |
| 1995 | 8 | 3.72% | 17,937,660.80 | 152.90 |
| 1995 | 9 | 0.91% | 18,101,354.06 | 153.20 |
| 1995 | 10 | 2.36% | 18,528,253.74 | 153.70 |
| 1995 | 11 | 3.39% | 19,156,201.83 | 153.60 |
| 1995 | 12 | 0.16% | 19,187,345.94 | 153.50 |
| 1996 | 1 | 5.90% | 20,320,242.36 | 154.40 |
| 1996 | 2 | -0.20% | 20,279,460.21 | 154.90 |
| 1996 | 3 | 0.20% | 20,319,419.28 | 155.70 |
| 1996 | 4 | 2.35% | 20,797,906.17 | 156.30 |
| 1996 | 5 | 1.28% | 21,063,826.78 | 156.60 |
| 1996 | 6 | -3.48% | 20,331,529.26 | 156.70 |
| 1996 | 7 | 3.08% | 20,956,876.81 | 157.00 |
| 1996 | 8 | 2.02% | 21,380,986.76 | 157.30 |
| 1996 | 9 | 4.12% | 22,261,776.04 | 157.80 |
| 1996 | 10 | 5.05% | 23,386,459.18 | 158.30 |
| 1996 | 11 | 1.20% | 23,666,682.16 | 158.60 |
| 1996 | 12 | 3.26% | 24,437,633.82 | 158.60 |
| 1997 | 1 | 4.36% | 25,503,399.03 | 159.10 |
| 1997 | 2 | -0.62% | 25,344,338.06 | 159.60 |
| 1997 | 3 | -3.41% | 24,481,300.90 | 160.00 |
| 1997 | 4 | 9.22% | 26,737,945.80 | 160.20 |
| 1997 | 5 | 5.34% | 28,164,903.27 | 160.10 |
| 1997 | 6 | 5.74% | 29,780,420.87 | 160.30 |
| 1997 | 7 | 0.35% | 29,883,993.95 | 160.50 |
| 1997 | 8 | 1.19% | 30,240,213.55 | 160.80 |
| 1997 | 9 | 1.65% | 30,737,778.69 | 161.20 |
| 1997 | 10 | -1.15% | 30,383,666.17 | 161.60 |
| 1997 | 11 | 2.63% | 31,184,159.27 | 161.50 |
| 1997 | 12 | 0.24% | 31,258,093.26 | 161.30 |
| 1998 | 1 | 6.40% | 33,259,285.91 | 161.60 |
| 1998 | 2 | 5.31% | 35,026,309.34 | 161.90 |
| 1998 | 3 | 3.41% | 36,219,191.70 | 162.20 |
| 1998 | 4 | -0.22% | 36,138,836.68 | 162.50 |
| 1998 | 5 | 0.12% | 36,180,922.91 | 162.80 |
| 1998 | 6 | 4.47% | 37,797,365.81 | 163.00 |
| 1998 | 7 | -6.97% | 35,162,508.72 | 163.20 |
| 1998 | 8 | -4.90% | 33,440,090.76 | 163.40 |
| 1998 | 9 | 1.29% | 33,871,754.42 | 163.60 |
| 1998 | 10 | 10.97% | 37,588,970.90 | 164.00 |
| 1998 | 11 | 4.10% | 39,131,661.71 | 164.00 |
| 1998 | 12 | 5.05% | 41,106,905.54 | 163.90 |
| 1999 | 1 | -0.07% | 41,079,483.09 | 164.30 |
| 1999 | 2 | 2.92% | 42,280,445.82 | 164.50 |
| 1999 | 3 | 4.25% | 44,077,374.11 | 165.00 |
| 1999 | 4 | -0.10% | 44,033,811.67 | 166.20 |
| 1999 | 5 | -0.61% | 43,764,427.28 | 166.20 |
| 1999 | 6 | 4.52% | 45,743,624.18 | 166.20 |
| 1999 | 7 | -3.77% | 44,017,083.38 | 166.70 |
| 1999 | 8 | -0.60% | 43,753,853.90 | 167.10 |
| 1999 | 9 | -1.27% | 43,197,098.72 | 167.90 |
| 1999 | 10 | 7.11% | 46,266,662.78 | 168.20 |
| 1999 | 11 | 2.81% | 47,566,168.76 | 168.30 |
| 1999 | 12 | -0.12% | 47,509,597.06 | 168.30 |
| 2000 | 1 | -2.48% | 46,332,272.52 | 168.80 |
| 2000 | 2 | 3.94% | 48,158,205.88 | 169.80 |
| 2000 | 3 | 1.42% | 48,844,299.17 | 171.20 |
| 2000 | 4 | -2.84% | 47,457,710.14 | 171.30 |
| 2000 | 5 | 3.16% | 48,959,025.38 | 171.50 |
| 2000 | 6 | 0.85% | 49,375,344.76 | 172.40 |
| 2000 | 7 | 0.94% | 49,839,330.36 | 172.80 |
| 2000 | 8 | -1.08% | 49,301,239.73 | 172.80 |
| 2000 | 9 | -5.21% | 46,730,559.82 | 173.70 |
| 2000 | 10 | -0.77% | 46,369,536.30 | 174.00 |
| 2000 | 11 | -3.32% | 44,830,033.49 | 174.10 |
| 2000 | 12 | 0.46% | 45,034,013.57 | 174.00 |
| 2001 | 1 | -2.14% | 44,071,970.95 | 175.10 |
| 2001 | 2 | -9.08% | 40,070,278.74 | 175.80 |
| 2001 | 3 | 0.45% | 40,250,071.52 | 176.20 |
| 2001 | 4 | 6.88% | 43,019,007.97 | 176.90 |
| 2001 | 5 | -2.39% | 41,991,433.45 | 177.70 |
| 2001 | 6 | -2.66% | 40,874,365.92 | 178.00 |
| 2001 | 7 | -2.05% | 40,038,142.09 | 177.50 |
| 2001 | 8 | -11.25% | 35,534,922.23 | 177.50 |
| 2001 | 9 | 3.18% | 36,666,365.34 | 178.30 |
| 2001 | 10 | 5.05% | 38,519,170.39 | 177.70 |
| 2001 | 11 | 1.47% | 39,083,880.45 | 177.40 |
| 2001 | 12 | -0.30% | 38,967,531.95 | 176.70 |
| 2002 | 1 | -3.35% | 37,661,040.49 | 177.10 |
| 2002 | 2 | 4.95% | 39,523,480.89 | 177.80 |
| 2002 | 3 | -3.51% | 38,134,454.98 | 178.80 |
| 2002 | 4 | -2.82% | 37,058,921.72 | 179.80 |
| 2002 | 5 | -5.92% | 34,864,678.35 | 179.80 |
| 2002 | 6 | -10.76% | 31,113,762.22 | 179.90 |
| 2002 | 7 | 1.14% | 31,468,082.89 | 180.10 |
| 2002 | 8 | -4.76% | 29,970,916.41 | 180.70 |
| 2002 | 9 | -1.37% | 29,561,201.18 | 181.00 |
| 2002 | 10 | 6.63% | 31,519,801.26 | 181.30 |
| 2002 | 11 | -1.04% | 31,193,551.99 | 181.30 |
| 2002 | 12 | -0.22% | 31,124,140.87 | 180.90 |
| 2003 | 1 | -6.41% | 29,127,578.28 | 181.70 |
| 2003 | 2 | 1.31% | 29,508,537.34 | 183.10 |
| 2003 | 3 | 5.29% | 31,068,316.97 | 184.20 |
| 2003 | 4 | 5.31% | 32,718,731.74 | 183.80 |
| 2003 | 5 | 5.70% | 34,585,068.69 | 183.50 |
| 2003 | 6 | 0.60% | 34,791,161.39 | 183.70 |
| 2003 | 7 | -0.17% | 34,733,295.30 | 183.90 |
| 2003 | 8 | 3.16% | 35,831,277.60 | 184.60 |
| 2003 | 9 | 2.03% | 36,557,874.64 | 185.20 |
| 2003 | 10 | 1.21% | 37,000,439.23 | 185.00 |
| 2003 | 11 | 3.06% | 38,134,062.50 | 184.50 |
| 2003 | 12 | 4.93% | 40,015,963.76 | 184.30 |
| 2004 | 1 | 1.09% | 40,450,802.11 | 185.20 |
| 2004 | 2 | -1.57% | 39,817,667.48 | 186.20 |
| 2004 | 3 | 0.97% | 40,203,157.06 | 187.40 |
| 2004 | 4 | -2.56% | 39,172,246.25 | 188.00 |
| 2004 | 5 | 2.86% | 40,291,662.46 | 189.10 |
| 2004 | 6 | -2.24% | 39,389,620.94 | 189.70 |
| 2004 | 7 | -1.39% | 38,843,062.31 | 189.40 |
| 2004 | 8 | 2.78% | 39,923,918.88 | 189.50 |
| 2004 | 9 | 0.10% | 39,964,878.94 | 189.90 |
| 2004 | 10 | 4.77% | 41,872,760.74 | 190.90 |
| 2004 | 11 | 2.73% | 43,014,818.21 | 191.00 |
| 2004 | 12 | -1.35% | 42,434,453.00 | 190.30 |
| 2005 | 1 | 1.68% | 43,147,863.88 | 190.70 |
| 2005 | 2 | -0.26% | 43,037,583.09 | 191.80 |
| 2005 | 3 | -2.41% | 42,000,842.81 | 193.30 |
| 2005 | 4 | 1.34% | 42,561,919.71 | 194.60 |
| 2005 | 5 | 2.18% | 43,490,066.42 | 194.40 |
| 2005 | 6 | 1.81% | 44,276,275.90 | 194.50 |
| 2005 | 7 | 0.31% | 44,413,540.43 | 195.40 |
| 2005 | 8 | 0.28% | 44,537,760.87 | 196.40 |
| 2005 | 9 | -2.62% | 43,368,992.21 | 198.80 |
| 2005 | 10 | 3.96% | 45,087,073.19 | 199.20 |
| 2005 | 11 | 2.14% | 46,053,799.09 | 197.60 |
| 2005 | 12 | 1.47% | 46,729,302.49 | 196.80 |
| 2006 | 1 | -0.02% | 46,721,526.84 | 198.30 |
| 2006 | 2 | 1.49% | 47,415,873.10 | 198.70 |
| 2006 | 3 | 0.80% | 47,794,408.92 | 199.80 |
| 2006 | 4 | -0.79% | 47,418,441.07 | 201.50 |
| 2006 | 5 | -2.71% | 46,135,396.22 | 202.50 |
| 2006 | 6 | 0.72% | 46,467,589.82 | 202.90 |
| 2006 | 7 | 2.29% | 47,532,515.11 | 203.50 |
| 2006 | 8 | 2.53% | 48,735,645.54 | 203.90 |
| 2006 | 9 | 3.62% | 50,497,884.14 | 202.90 |
| 2006 | 10 | 2.00% | 51,508,671.49 | 201.80 |
| 2006 | 11 | 2.15% | 52,615,214.23 | 201.50 |
| 2006 | 12 | 0.69% | 52,979,746.39 | 201.80 |
| 2007 | 1 | 1.60% | 53,825,328.59 | 202.42 |
| 2007 | 2 | -2.47% | 52,493,748.61 | 203.50 |
| 2007 | 3 | 4.18% | 54,688,123.74 | 205.35 |
| 2007 | 4 | 3.39% | 56,543,009.89 | 206.69 |
| 2007 | 5 | 0.34% | 56,738,027.57 | 207.95 |
| 2007 | 6 | 0.57% | 57,064,055.43 | 208.35 |
| 2007 | 7 | -4.20% | 54,666,732.94 | 208.30 |
| 2007 | 8 | 3.07% | 56,347,594.73 | 207.92 |
| 2007 | 9 | 2.99% | 58,033,307.87 | 208.49 |
| 2007 | 10 | -4.81% | 55,244,047.16 | 208.94 |
| 2007 | 11 | 1.24% | 55,928,090.47 | 210.18 |
| 2007 | 12 | -6.64% | 52,217,151.28 | 210.04 |
| 2008 | 1 | -1.56% | 51,400,492.95 | 211.08 |
| 2008 | 2 | -2.63% | 50,050,389.22 | 211.69 |
| 2008 | 3 | 4.24% | 52,174,428.91 | 213.53 |
| 2008 | 4 | 2.56% | 53,511,453.03 | 214.82 |
| 2008 | 5 | -4.25% | 51,239,045.27 | 216.63 |
| 2008 | 6 | -6.08% | 48,124,494.46 | 218.82 |
| 2008 | 7 | 2.11% | 49,140,178.73 | 219.96 |
| 2008 | 8 | -4.85% | 46,758,090.78 | 219.09 |
| 2008 | 9 | -20.19% | 37,315,955.94 | 218.78 |
| 2008 | 10 | -8.61% | 34,104,788.09 | 216.57 |
| 2008 | 11 | -0.35% | 33,985,006.19 | 212.43 |
| 2008 | 12 | -1.10% | 33,612,681.20 | 210.23 |
| 2009 | 1 | -6.70% | 31,359,789.07 | 211.14 |
| 2009 | 2 | -5.69% | 29,576,221.00 | 212.19 |
| 2009 | 3 | 12.32% | 33,220,529.04 | 212.71 |
| 2009 | 4 | 6.66% | 35,432,957.04 | 213.24 |
| 2009 | 5 | 2.87% | 36,449,479.34 | 213.86 |
| 2009 | 6 | 1.28% | 36,915,173.28 | 215.69 |
| 2009 | 7 | 8.12% | 39,912,960.35 | 215.35 |
| 2009 | 8 | 3.65% | 41,369,920.41 | 215.83 |
| 2009 | 9 | 2.40% | 42,364,084.36 | 215.97 |
| 2009 | 10 | 2.09% | 43,251,326.27 | 216.18 |
| 2009 | 11 | 2.23% | 44,214,039.21 | 216.33 |
| 2009 | 12 | 1.36% | 44,814,009.52 | 215.95 |
| 2010 | 1 | -2.90% | 43,515,087.40 | 216.69 |
| 2010 | 2 | 5.94% | 46,101,204.54 | 216.74 |
| 2010 | 3 | 4.09% | 47,985,789.61 | 217.63 |
| 2010 | 4 | -5.88% | 45,163,075.15 | 218.01 |
| 2010 | 5 | -3.54% | 43,562,692.63 | 218.18 |
| 2010 | 6 | -0.16% | 43,493,396.15 | 217.97 |
| 2010 | 7 | 0.86% | 43,869,010.15 | 218.01 |
| 2010 | 8 | 3.37% | 45,347,902.27 | 218.31 |
| 2010 | 9 | 4.58% | 47,423,673.72 | 218.44 |
| 2010 | 10 | 2.49% | 48,604,956.87 | 218.71 |
| 2010 | 11 | 3.71% | 50,410,016.71 | 218.80 |
| 2010 | 12 | 3.46% | 52,155,308.86 | 219.18 |
| 2011 | 1 | 3.15% | 53,798,651.68 | 220.22 |
| 2011 | 2 | -1.11% | 53,200,162.68 | 221.31 |
| 2011 | 3 | 2.22% | 54,381,729.20 | 223.47 |
| 2011 | 4 | 0.66% | 54,740,232.50 | 224.91 |
| 2011 | 5 | -3.66% | 52,735,316.65 | 225.96 |
| 2011 | 6 | 3.10% | 54,371,026.79 | 225.72 |
| 2011 | 7 | -10.40% | 48,716,088.25 | 225.92 |
| 2011 | 8 | -0.79% | 48,331,598.95 | 226.55 |
| 2011 | 9 | 3.02% | 49,790,684.47 | 226.89 |
| 2011 | 10 | 1.77% | 50,670,546.83 | 226.42 |
| 2011 | 11 | 1.55% | 51,458,347.69 | 226.23 |
| 2011 | 12 | 4.78% | 53,919,373.01 | 225.67 |
| 2012 | 1 | 4.16% | 56,163,825.49 | 226.67 |
| 2012 | 2 | 2.88% | 57,783,498.84 | 227.66 |
| 2012 | 3 | -0.04% | 57,761,419.57 | 229.39 |
| 2012 | 4 | -3.09% | 55,976,041.69 | 230.09 |
| 2012 | 5 | -1.15% | 55,330,967.57 | 229.82 |
| 2012 | 6 | 2.92% | 56,947,233.18 | 229.48 |
| 2012 | 7 | 3.39% | 58,876,435.04 | 229.10 |
| 2012 | 8 | 3.02% | 60,655,189.94 | 230.38 |
| 2012 | 9 | -0.22% | 60,523,486.43 | 231.41 |
| 2012 | 10 | -2.84% | 58,806,136.16 | 231.32 |
| 2012 | 11 | 2.18% | 60,085,484.34 | 230.22 |
| 2012 | 12 | 4.27% | 62,650,390.31 | 229.60 |
| 2013 | 1 | 2.33% | 64,112,037.61 | 230.28 |
| 2013 | 2 | 2.72% | 65,857,458.36 | 232.17 |
| 2013 | 3 | 1.45% | 66,814,888.43 | 232.77 |
| 2013 | 4 | 4.57% | 69,871,181.68 | 232.53 |
| 2013 | 5 | -1.12% | 69,090,179.05 | 232.95 |
| 2013 | 6 | 3.25% | 71,338,703.15 | 233.50 |
| 2013 | 7 | 0.25% | 71,518,853.55 | 233.60 |
| 2013 | 8 | 1.19% | 72,371,692.52 | 233.88 |
| 2013 | 9 | 2.12% | 73,904,199.23 | 234.15 |
| 2013 | 10 | 3.86% | 76,756,896.92 | 233.55 |
| 2013 | 11 | 1.52% | 77,924,877.19 | 233.07 |
| 2013 | 12 | 0.97% | 78,679,040.12 | 233.05 |
| 2014 | 1 | -0.13% | 78,576,729.12 | 233.92 |
| 2014 | 2 | 2.72% | 80,715,799.30 | 234.78 |
| 2014 | 3 | 0.20% | 80,878,622.42 | 236.29 |
| 2014 | 4 | 1.53% | 82,117,711.03 | 237.07 |
| 2014 | 5 | 3.20% | 84,742,454.07 | 237.90 |
| 2014 | 6 | 1.50% | 86,010,050.32 | 238.34 |
| 2014 | 7 | -0.43% | 85,642,829.70 | 238.25 |
| 2014 | 8 | 1.78% | 87,165,588.17 | 237.85 |
| 2014 | 9 | -2.65% | 84,858,677.94 | 238.03 |
| 2014 | 10 | 5.71% | 89,700,418.98 | 237.43 |
| 2014 | 11 | 0.63% | 90,269,018.91 | 236.15 |
| 2014 | 12 | -1.11% | 89,266,991.65 | 234.81 |
| 2015 | 1 | 2.83% | 91,790,924.85 | 233.71 |
| 2015 | 2 | 0.06% | 91,841,743.48 | 234.72 |
| 2015 | 3 | 0.88% | 92,648,490.24 | 236.12 |
| 2015 | 4 | 0.98% | 93,555,429.94 | 236.60 |
| 2015 | 5 | -0.44% | 93,147,995.98 | 237.81 |
| 2015 | 6 | -0.08% | 93,073,822.14 | 238.64 |
| 2015 | 7 | -2.42% | 90,817,342.73 | 238.65 |
| 2015 | 8 | -4.51% | 86,724,118.36 | 238.32 |
| 2015 | 9 | 4.32% | 90,468,102.04 | 237.95 |
| 2015 | 10 | 2.93% | 93,121,051.94 | 237.84 |
| 2015 | 11 | -1.10% | 92,093,954.82 | 237.34 |
| 2015 | 12 | -6.42% | 86,181,871.25 | 236.53 |
| 2016 | 1 | -0.55% | 85,707,949.32 | 236.92 |
| 2016 | 2 | 6.36% | 91,161,312.60 | 237.11 |
| 2016 | 3 | 2.83% | 93,742,326.61 | 238.13 |
| 2016 | 4 | -0.30% | 93,457,007.56 | 239.26 |
| 2016 | 5 | 1.07% | 94,453,717.41 | 240.23 |
| 2016 | 6 | 3.30% | 97,568,271.05 | 241.02 |
| 2016 | 7 | 1.20% | 98,738,365.36 | 240.63 |
| 2016 | 8 | -0.44% | 98,305,228.55 | 240.85 |
| 2016 | 9 | -0.51% | 97,807,822.83 | 241.43 |
| 2016 | 10 | 1.20% | 98,982,651.83 | 241.73 |
| 2016 | 11 | 3.95% | 102,888,471.46 | 241.35 |
| 2016 | 12 | 1.44% | 104,367,631.87 | 241.43 |
| 2017 | 1 | 2.58% | 107,056,606.81 | 242.84 |
| 2017 | 2 | 1.75% | 108,929,301.88 | 243.60 |
| 2017 | 3 | -0.15% | 108,761,546.28 | 243.80 |
| 2017 | 4 | 1.69% | 110,602,197.69 | 244.52 |
| 2017 | 5 | 1.78% | 112,566,966.03 | 244.73 |
| 2017 | 6 | 0.99% | 113,678,997.18 | 244.96 |
| 2017 | 7 | 0.25% | 113,960,699.72 | 244.79 |
| 2017 | 8 | 1.65% | 115,844,769.86 | 245.52 |
| 2017 | 9 | 2.73% | 119,012,891.62 | 246.82 |
| 2017 | 10 | 1.59% | 120,904,683.58 | 246.66 |
| 2017 | 11 | 2.88% | 124,390,953.56 | 246.67 |
| 2017 | 12 | 4.86% | 130,438,715.16 | 246.52 |
| 2018 | 1 | -2.89% | 126,673,358.48 | 247.87 |
| 2018 | 2 | 0.06% | 126,755,161.90 | 248.99 |
| 2018 | 3 | -1.66% | 124,645,991.62 | 249.55 |
| 2018 | 4 | 1.96% | 127,091,073.72 | 250.55 |
| 2018 | 5 | 2.11% | 129,776,469.67 | 251.59 |
| 2018 | 6 | 1.58% | 131,827,900.81 | 251.99 |
| 2018 | 7 | 2.45% | 135,058,745.49 | 252.01 |
| 2018 | 8 | 1.68% | 137,327,391.71 | 252.15 |
| 2018 | 9 | -3.85% | 132,041,679.41 | 252.44 |
| 2018 | 10 | -2.08% | 129,300,351.12 | 252.89 |
| 2018 | 11 | -5.56% | 122,108,003.37 | 252.04 |
| 2018 | 12 | 1.74% | 124,227,354.31 | 251.23 |
| 2019 | 1 | 5.83% | 131,468,445.73 | 251.71 |
| 2019 | 2 | 1.95% | 134,029,479.93 | 252.78 |
| 2019 | 3 | 3.72% | 139,019,691.81 | 254.20 |
| 2019 | 4 | -1.53% | 136,890,204.10 | 255.55 |
| 2019 | 5 | 1.40% | 138,813,168.12 | 256.09 |
| 2019 | 6 | 3.83% | 144,126,025.32 | 256.14 |
| 2019 | 7 | -3.13% | 139,608,518.97 | 256.57 |
| 2019 | 8 | 3.09% | 143,915,759.31 | 256.56 |
| 2019 | 9 | 0.01% | 143,929,867.02 | 256.76 |
| 2019 | 10 | 4.43% | 150,311,274.34 | 257.35 |
| 2019 | 11 | 2.47% | 154,022,940.51 | 257.21 |
| 2019 | 12 | 3.35% | 159,177,160.34 | 256.97 |
| 2020 | 1 | 0.12% | 159,371,478.75 | 257.97 |
| 2020 | 2 | -18.92% | 129,222,046.29 | 258.68 |
| 2020 | 3 | 4.32% | 134,802,648.12 | 258.12 |
| 2020 | 4 | 5.89% | 142,738,972.52 | 256.39 |
| 2020 | 5 | 6.51% | 152,028,812.90 | 256.39 |
| 2020 | 6 | 3.48% | 157,313,995.60 | 257.80 |
| 2020 | 7 | 5.89% | 166,585,303.57 | 259.10 |
| 2020 | 8 | -0.63% | 165,540,809.32 | 259.92 |
| 2020 | 9 | 1.73% | 168,398,045.95 | 260.28 |
| 2020 | 10 | 3.95% | 175,056,701.02 | 260.39 |
| 2020 | 11 | 4.26% | 182,514,257.33 | 260.23 |
| 2020 | 12 | 2.80% | 187,616,077.92 | 260.47 |
| 2021 | 1 | 2.49% | 192,290,586.08 | 261.58 |
| 2021 | 2 | 0.82% | 193,869,979.55 | 263.01 |
| 2021 | 3 | 6.02% | 205,543,833.45 | 264.88 |
| 2021 | 4 | 0.76% | 207,106,442.45 | 267.05 |
| 2021 | 5 | 1.81% | 210,855,944.70 | 269.20 |
| 2021 | 6 | 3.07% | 217,325,429.89 | 271.70 |
| 2021 | 7 | 2.19% | 222,074,342.29 | 273.00 |
| 2021 | 8 | -0.08% | 221,886,692.07 | 273.57 |
| 2021 | 9 | 0.45% | 222,890,010.59 | 274.31 |
| 2021 | 10 | 4.74% | 233,465,571.13 | 276.59 |
| 2021 | 11 | 0.27% | 234,085,197.24 | 277.95 |
| 2021 | 12 | -2.05% | 229,281,879.27 | 278.80 |
Click to show 546 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 $1,000,000.00 up-front. Instead, the capital is invested over a period of time.
Consider a strategy in which $1,000,000.00 was invested in the S&P 500 over a period of no more than 24 months beginning in 1975. This would result in a final amount of $171,531,861.05, including dividend reinvestments. In this particular case, dollar-cost average returns are less than the returns of a lump-sum investment (which ends with $229,281,879.27).
| Year | Month | Contribution ($) | Amount ($) |
|---|---|---|---|
| 1975 | 1 | 41666.66 | 45,996.41 |
| 1975 | 2 | 41666.66 | 91,865.04 |
| 1975 | 3 | 41666.66 | 135,365.26 |
| 1975 | 4 | 41666.66 | 188,764.46 |
| 1975 | 5 | 41666.66 | 236,958.77 |
| 1975 | 6 | 41666.66 | 279,689.68 |
| 1975 | 7 | 41666.66 | 298,734.16 |
| 1975 | 8 | 41666.66 | 337,347.99 |
| 1975 | 9 | 41666.66 | 397,704.31 |
| 1975 | 10 | 41666.66 | 448,196.56 |
| 1975 | 11 | 41666.66 | 483,942.35 |
| 1975 | 12 | 41666.66 | 575,635.83 |
| 1976 | 1 | 41666.66 | 642,962.20 |
| 1976 | 2 | 41666.66 | 689,995.13 |
| 1976 | 3 | 41666.66 | 739,550.05 |
| 1976 | 4 | 41666.66 | 778,095.98 |
| 1976 | 5 | 41666.66 | 827,017.07 |
| 1976 | 6 | 41666.66 | 891,709.00 |
| 1976 | 7 | 41666.66 | 928,016.67 |
| 1976 | 8 | 41666.66 | 993,194.68 |
| 1976 | 9 | 41666.66 | 1,002,568.91 |
| 1976 | 10 | 41666.66 | 1,040,273.48 |
| 1976 | 11 | 41666.66 | 1,122,771.20 |
| 1976 | 12 | 41666.82 | 1,158,047.77 |
| 1977 | 1 | - | 1,130,618.21 |
| 1977 | 2 | - | 1,130,005.63 |
| 1977 | 3 | - | 1,116,517.08 |
| 1977 | 4 | - | 1,117,237.25 |
| 1977 | 5 | - | 1,127,289.79 |
| 1977 | 6 | - | 1,141,746.59 |
| 1977 | 7 | - | 1,118,014.02 |
| 1977 | 8 | - | 1,104,873.62 |
| 1977 | 9 | - | 1,080,590.05 |
| 1977 | 10 | - | 1,091,192.17 |
| 1977 | 11 | - | 1,090,317.69 |
| 1977 | 12 | - | 1,053,352.03 |
| 1978 | 1 | - | 1,043,113.53 |
| 1978 | 2 | - | 1,045,884.72 |
| 1978 | 3 | - | 1,096,400.89 |
| 1978 | 4 | - | 1,156,750.31 |
| 1978 | 5 | - | 1,164,541.67 |
| 1978 | 6 | - | 1,163,816.27 |
| 1978 | 7 | - | 1,249,102.39 |
| 1978 | 8 | - | 1,254,094.92 |
| 1978 | 9 | - | 1,219,312.60 |
| 1978 | 10 | - | 1,153,010.63 |
| 1978 | 11 | - | 1,175,181.04 |
| 1978 | 12 | - | 1,224,365.99 |
| 1979 | 1 | - | 1,211,425.01 |
| 1979 | 2 | - | 1,239,786.42 |
| 1979 | 3 | - | 1,269,924.41 |
| 1979 | 4 | - | 1,245,884.44 |
| 1979 | 5 | - | 1,276,005.42 |
| 1979 | 6 | - | 1,294,135.49 |
| 1979 | 7 | - | 1,359,027.78 |
| 1979 | 8 | - | 1,379,962.94 |
| 1979 | 9 | - | 1,333,699.45 |
| 1979 | 10 | - | 1,329,399.14 |
| 1979 | 11 | - | 1,387,945.83 |
| 1979 | 12 | - | 1,433,921.00 |
| 1980 | 1 | - | 1,496,954.04 |
| 1980 | 2 | - | 1,365,554.02 |
| 1980 | 3 | - | 1,349,685.60 |
| 1980 | 4 | - | 1,417,657.63 |
| 1980 | 5 | - | 1,514,947.00 |
| 1980 | 6 | - | 1,590,231.67 |
| 1980 | 7 | - | 1,645,964.25 |
| 1980 | 8 | - | 1,692,640.63 |
| 1980 | 9 | - | 1,748,917.03 |
| 1980 | 10 | - | 1,829,624.23 |
| 1980 | 11 | - | 1,806,849.43 |
| 1980 | 12 | - | 1,807,029.89 |
| 1981 | 1 | - | 1,751,550.90 |
| 1981 | 2 | - | 1,824,122.94 |
| 1981 | 3 | - | 1,847,723.33 |
| 1981 | 4 | - | 1,817,840.66 |
| 1981 | 5 | - | 1,833,430.25 |
| 1981 | 6 | - | 1,796,463.70 |
| 1981 | 7 | - | 1,810,881.48 |
| 1981 | 8 | - | 1,660,529.73 |
| 1981 | 9 | - | 1,689,211.18 |
| 1981 | 10 | - | 1,740,626.21 |
| 1981 | 11 | - | 1,761,154.62 |
| 1981 | 12 | - | 1,676,546.64 |
| 1982 | 1 | - | 1,644,459.28 |
| 1982 | 2 | - | 1,599,326.42 |
| 1982 | 3 | - | 1,686,798.60 |
| 1982 | 4 | - | 1,696,407.41 |
| 1982 | 5 | - | 1,606,996.24 |
| 1982 | 6 | - | 1,610,914.85 |
| 1982 | 7 | - | 1,623,705.15 |
| 1982 | 8 | - | 1,820,114.60 |
| 1982 | 9 | - | 1,981,766.25 |
| 1982 | 10 | - | 2,070,944.08 |
| 1982 | 11 | - | 2,099,015.70 |
| 1982 | 12 | - | 2,181,417.88 |
| 1983 | 1 | - | 2,227,882.40 |
| 1983 | 2 | - | 2,314,003.75 |
| 1983 | 3 | - | 2,411,131.48 |
| 1983 | 4 | - | 2,517,800.22 |
| 1983 | 5 | - | 2,561,949.95 |
| 1983 | 6 | - | 2,580,091.96 |
| 1983 | 7 | - | 2,517,984.36 |
| 1983 | 8 | - | 2,601,426.18 |
| 1983 | 9 | - | 2,618,281.51 |
| 1983 | 10 | - | 2,588,395.84 |
| 1983 | 11 | - | 2,585,079.40 |
| 1983 | 12 | - | 2,625,818.51 |
| 1984 | 1 | - | 2,491,581.95 |
| 1984 | 2 | - | 2,502,603.73 |
| 1984 | 3 | - | 2,515,296.94 |
| 1984 | 4 | - | 2,508,943.97 |
| 1984 | 5 | - | 2,462,571.06 |
| 1984 | 6 | - | 2,440,199.89 |
| 1984 | 7 | - | 2,664,858.33 |
| 1984 | 8 | - | 2,702,352.05 |
| 1984 | 9 | - | 2,691,207.49 |
| 1984 | 10 | - | 2,725,813.78 |
| 1984 | 11 | - | 2,706,527.10 |
| 1984 | 12 | - | 2,833,668.07 |
| 1985 | 1 | - | 2,997,662.66 |
| 1985 | 2 | - | 2,983,324.29 |
| 1985 | 3 | - | 3,013,894.77 |
| 1985 | 4 | - | 3,096,343.92 |
| 1985 | 5 | - | 3,174,092.08 |
| 1985 | 6 | - | 3,245,420.94 |
| 1985 | 7 | - | 3,185,532.85 |
| 1985 | 8 | - | 3,125,485.74 |
| 1985 | 9 | - | 3,172,229.38 |
| 1985 | 10 | - | 3,375,902.86 |
| 1985 | 11 | - | 3,554,640.54 |
| 1985 | 12 | - | 3,581,361.78 |
| 1986 | 1 | - | 3,785,400.78 |
| 1986 | 2 | - | 4,019,443.45 |
| 1986 | 3 | - | 4,129,633.53 |
| 1986 | 4 | - | 4,149,944.32 |
| 1986 | 5 | - | 4,279,972.04 |
| 1986 | 6 | - | 4,202,765.04 |
| 1986 | 7 | - | 4,298,623.97 |
| 1986 | 8 | - | 4,193,039.63 |
| 1986 | 9 | - | 4,189,271.23 |
| 1986 | 10 | - | 4,337,276.07 |
| 1986 | 11 | - | 4,411,397.50 |
| 1986 | 12 | - | 4,705,786.42 |
| 1987 | 1 | - | 5,009,868.58 |
| 1987 | 2 | - | 5,229,120.93 |
| 1987 | 3 | - | 5,184,338.20 |
| 1987 | 4 | - | 5,193,298.34 |
| 1987 | 5 | - | 5,426,915.93 |
| 1987 | 6 | - | 5,596,349.51 |
| 1987 | 7 | - | 5,957,538.54 |
| 1987 | 8 | - | 5,776,999.75 |
| 1987 | 9 | - | 5,092,200.81 |
| 1987 | 10 | - | 4,465,686.25 |
| 1987 | 11 | - | 4,406,083.01 |
| 1987 | 12 | - | 4,593,189.19 |
| 1988 | 1 | - | 4,746,076.48 |
| 1988 | 2 | - | 4,899,472.47 |
| 1988 | 3 | - | 4,856,061.95 |
| 1988 | 4 | - | 4,749,798.35 |
| 1988 | 5 | - | 5,034,700.74 |
| 1988 | 6 | - | 5,019,248.22 |
| 1988 | 7 | - | 4,932,993.17 |
| 1988 | 8 | - | 5,028,060.28 |
| 1988 | 9 | - | 5,219,207.87 |
| 1988 | 10 | - | 5,113,766.95 |
| 1988 | 11 | - | 5,232,710.78 |
| 1988 | 12 | - | 5,416,518.02 |
| 1989 | 1 | - | 5,595,255.10 |
| 1989 | 2 | - | 5,586,209.87 |
| 1989 | 3 | - | 5,785,347.02 |
| 1989 | 4 | - | 6,023,431.53 |
| 1989 | 5 | - | 6,227,783.82 |
| 1989 | 6 | - | 6,402,172.66 |
| 1989 | 7 | - | 6,702,482.75 |
| 1989 | 8 | - | 6,733,015.05 |
| 1989 | 9 | - | 6,752,288.70 |
| 1989 | 10 | - | 6,629,832.53 |
| 1989 | 11 | - | 6,811,271.57 |
| 1989 | 12 | - | 6,660,658.98 |
| 1990 | 1 | - | 6,492,331.88 |
| 1990 | 2 | - | 6,668,090.15 |
| 1990 | 3 | - | 6,681,158.65 |
| 1990 | 4 | - | 6,938,445.07 |
| 1990 | 5 | - | 7,158,390.80 |
| 1990 | 6 | - | 7,170,540.28 |
| 1990 | 7 | - | 6,606,847.84 |
| 1990 | 8 | - | 6,320,040.56 |
| 1990 | 9 | - | 6,173,683.03 |
| 1990 | 10 | - | 6,357,894.29 |
| 1990 | 11 | - | 6,649,505.82 |
| 1990 | 12 | - | 6,603,945.33 |
| 1991 | 1 | - | 7,370,450.40 |
| 1991 | 2 | - | 7,594,852.63 |
| 1991 | 3 | - | 7,766,407.32 |
| 1991 | 4 | - | 7,752,514.87 |
| 1991 | 5 | - | 7,779,416.95 |
| 1991 | 6 | - | 7,840,134.20 |
| 1991 | 7 | - | 8,050,166.17 |
| 1991 | 8 | - | 8,025,766.04 |
| 1991 | 9 | - | 8,040,344.52 |
| 1991 | 10 | - | 8,041,614.51 |
| 1991 | 11 | - | 8,116,814.85 |
| 1991 | 12 | - | 8,714,052.20 |
| 1992 | 1 | - | 8,661,694.16 |
| 1992 | 2 | - | 8,574,005.08 |
| 1992 | 3 | - | 8,596,666.47 |
| 1992 | 4 | - | 8,774,475.66 |
| 1992 | 5 | - | 8,657,852.13 |
| 1992 | 6 | - | 8,823,401.80 |
| 1992 | 7 | - | 8,906,493.53 |
| 1992 | 8 | - | 8,940,176.76 |
| 1992 | 9 | - | 8,834,498.89 |
| 1992 | 10 | - | 9,078,057.46 |
| 1992 | 11 | - | 9,375,018.86 |
| 1992 | 12 | - | 9,388,415.13 |
| 1993 | 1 | - | 9,550,294.63 |
| 1993 | 2 | - | 9,755,640.56 |
| 1993 | 3 | - | 9,624,744.72 |
| 1993 | 4 | - | 9,694,497.58 |
| 1993 | 5 | - | 9,778,372.68 |
| 1993 | 6 | - | 9,784,337.85 |
| 1993 | 7 | - | 9,956,783.46 |
| 1993 | 8 | - | 10,091,695.07 |
| 1993 | 9 | - | 10,217,024.53 |
| 1993 | 10 | - | 10,217,795.37 |
| 1993 | 11 | - | 10,308,445.59 |
| 1993 | 12 | - | 10,487,387.85 |
| 1994 | 1 | - | 10,479,448.79 |
| 1994 | 2 | - | 10,330,240.49 |
| 1994 | 3 | - | 9,984,551.65 |
| 1994 | 4 | - | 10,090,212.35 |
| 1994 | 5 | - | 10,202,021.30 |
| 1994 | 6 | - | 10,149,085.54 |
| 1994 | 7 | - | 10,461,888.27 |
| 1994 | 8 | - | 10,547,410.56 |
| 1994 | 9 | - | 10,500,579.36 |
| 1994 | 10 | - | 10,461,739.41 |
| 1994 | 11 | - | 10,354,432.69 |
| 1994 | 12 | - | 10,608,237.88 |
| 1995 | 1 | - | 11,013,376.42 |
| 1995 | 2 | - | 11,295,117.33 |
| 1995 | 3 | - | 11,658,317.82 |
| 1995 | 4 | - | 12,048,610.33 |
| 1995 | 5 | - | 12,431,566.00 |
| 1995 | 6 | - | 12,872,573.31 |
| 1995 | 7 | - | 12,938,625.60 |
| 1995 | 8 | - | 13,419,640.27 |
| 1995 | 9 | - | 13,542,103.54 |
| 1995 | 10 | - | 13,861,478.53 |
| 1995 | 11 | - | 14,331,263.16 |
| 1995 | 12 | - | 14,354,562.90 |
| 1996 | 1 | - | 15,202,112.79 |
| 1996 | 2 | - | 15,171,602.58 |
| 1996 | 3 | - | 15,201,497.02 |
| 1996 | 4 | - | 15,559,465.76 |
| 1996 | 5 | - | 15,758,408.03 |
| 1996 | 6 | - | 15,210,556.82 |
| 1996 | 7 | - | 15,678,395.92 |
| 1996 | 8 | - | 15,995,683.84 |
| 1996 | 9 | - | 16,654,625.68 |
| 1996 | 10 | - | 17,496,031.00 |
| 1996 | 11 | - | 17,705,673.25 |
| 1996 | 12 | - | 18,282,442.65 |
| 1997 | 1 | - | 19,079,769.90 |
| 1997 | 2 | - | 18,960,772.17 |
| 1997 | 3 | - | 18,315,111.15 |
| 1997 | 4 | - | 20,003,367.11 |
| 1997 | 5 | - | 21,070,911.88 |
| 1997 | 6 | - | 22,279,523.49 |
| 1997 | 7 | - | 22,357,009.26 |
| 1997 | 8 | - | 22,623,506.60 |
| 1997 | 9 | - | 22,995,748.29 |
| 1997 | 10 | - | 22,730,827.32 |
| 1997 | 11 | - | 23,329,697.45 |
| 1997 | 12 | - | 23,385,009.44 |
| 1998 | 1 | - | 24,882,154.79 |
| 1998 | 2 | - | 26,204,111.92 |
| 1998 | 3 | - | 27,096,538.89 |
| 1998 | 4 | - | 27,036,423.16 |
| 1998 | 5 | - | 27,067,908.99 |
| 1998 | 6 | - | 28,277,212.84 |
| 1998 | 7 | - | 26,306,006.30 |
| 1998 | 8 | - | 25,017,419.69 |
| 1998 | 9 | - | 25,340,358.74 |
| 1998 | 10 | - | 28,121,307.07 |
| 1998 | 11 | - | 29,275,435.03 |
| 1998 | 12 | - | 30,753,167.38 |
| 1999 | 1 | - | 30,732,651.91 |
| 1999 | 2 | - | 31,631,124.01 |
| 1999 | 3 | - | 32,975,453.78 |
| 1999 | 4 | - | 32,942,863.56 |
| 1999 | 5 | - | 32,741,329.94 |
| 1999 | 6 | - | 34,222,019.69 |
| 1999 | 7 | - | 32,930,348.68 |
| 1999 | 8 | - | 32,733,419.71 |
| 1999 | 9 | - | 32,316,896.38 |
| 1999 | 10 | - | 34,613,318.76 |
| 1999 | 11 | - | 35,585,513.68 |
| 1999 | 12 | - | 35,543,190.89 |
| 2000 | 1 | - | 34,662,403.14 |
| 2000 | 2 | - | 36,028,432.37 |
| 2000 | 3 | - | 36,541,716.97 |
| 2000 | 4 | - | 35,504,372.90 |
| 2000 | 5 | - | 36,627,546.69 |
| 2000 | 6 | - | 36,939,006.28 |
| 2000 | 7 | - | 37,286,126.22 |
| 2000 | 8 | - | 36,883,566.33 |
| 2000 | 9 | - | 34,960,372.44 |
| 2000 | 10 | - | 34,690,281.16 |
| 2000 | 11 | - | 33,538,538.24 |
| 2000 | 12 | - | 33,691,141.16 |
| 2001 | 1 | - | 32,971,411.53 |
| 2001 | 2 | - | 29,977,639.34 |
| 2001 | 3 | - | 30,112,147.10 |
| 2001 | 4 | - | 32,183,661.97 |
| 2001 | 5 | - | 31,414,906.19 |
| 2001 | 6 | - | 30,579,198.32 |
| 2001 | 7 | - | 29,953,597.07 |
| 2001 | 8 | - | 26,584,618.73 |
| 2001 | 9 | - | 27,431,081.36 |
| 2001 | 10 | - | 28,817,214.01 |
| 2001 | 11 | - | 29,239,688.60 |
| 2001 | 12 | - | 29,152,645.19 |
| 2002 | 1 | - | 28,175,224.25 |
| 2002 | 2 | - | 29,568,565.36 |
| 2002 | 3 | - | 28,529,398.19 |
| 2002 | 4 | - | 27,724,763.21 |
| 2002 | 5 | - | 26,083,191.49 |
| 2002 | 6 | - | 23,277,031.55 |
| 2002 | 7 | - | 23,542,108.25 |
| 2002 | 8 | - | 22,422,038.26 |
| 2002 | 9 | - | 22,115,519.42 |
| 2002 | 10 | - | 23,580,800.14 |
| 2002 | 11 | - | 23,336,724.40 |
| 2002 | 12 | - | 23,284,796.09 |
| 2003 | 1 | - | 21,791,114.61 |
| 2003 | 2 | - | 22,076,120.20 |
| 2003 | 3 | - | 23,243,032.75 |
| 2003 | 4 | - | 24,477,751.86 |
| 2003 | 5 | - | 25,874,008.08 |
| 2003 | 6 | - | 26,028,191.50 |
| 2003 | 7 | - | 25,984,900.34 |
| 2003 | 8 | - | 26,806,330.05 |
| 2003 | 9 | - | 27,349,916.59 |
| 2003 | 10 | - | 27,681,010.91 |
| 2003 | 11 | - | 28,529,104.57 |
| 2003 | 12 | - | 29,937,004.87 |
| 2004 | 1 | - | 30,262,318.98 |
| 2004 | 2 | - | 29,788,654.15 |
| 2004 | 3 | - | 30,077,049.15 |
| 2004 | 4 | - | 29,305,797.39 |
| 2004 | 5 | - | 30,143,262.38 |
| 2004 | 6 | - | 29,468,421.17 |
| 2004 | 7 | - | 29,059,526.16 |
| 2004 | 8 | - | 29,868,143.65 |
| 2004 | 9 | - | 29,898,786.96 |
| 2004 | 10 | - | 31,326,123.98 |
| 2004 | 11 | - | 32,180,527.50 |
| 2004 | 12 | - | 31,746,340.88 |
| 2005 | 1 | - | 32,280,062.50 |
| 2005 | 2 | - | 32,197,558.51 |
| 2005 | 3 | - | 31,421,945.58 |
| 2005 | 4 | - | 31,841,702.11 |
| 2005 | 5 | - | 32,536,073.30 |
| 2005 | 6 | - | 33,124,257.49 |
| 2005 | 7 | - | 33,226,948.72 |
| 2005 | 8 | - | 33,319,881.33 |
| 2005 | 9 | - | 32,445,494.47 |
| 2005 | 10 | - | 33,730,836.46 |
| 2005 | 11 | - | 34,454,069.77 |
| 2005 | 12 | - | 34,959,431.80 |
| 2006 | 1 | - | 34,953,614.63 |
| 2006 | 2 | - | 35,473,073.50 |
| 2006 | 3 | - | 35,756,266.20 |
| 2006 | 4 | - | 35,474,994.67 |
| 2006 | 5 | - | 34,515,114.75 |
| 2006 | 6 | - | 34,763,637.61 |
| 2006 | 7 | - | 35,560,336.49 |
| 2006 | 8 | - | 36,460,430.31 |
| 2006 | 9 | - | 37,778,807.78 |
| 2006 | 10 | - | 38,535,004.64 |
| 2006 | 11 | - | 39,362,838.64 |
| 2006 | 12 | - | 39,635,554.83 |
| 2007 | 1 | - | 40,268,157.32 |
| 2007 | 2 | - | 39,271,966.98 |
| 2007 | 3 | - | 40,913,637.27 |
| 2007 | 4 | - | 42,301,326.85 |
| 2007 | 5 | - | 42,447,224.76 |
| 2007 | 6 | - | 42,691,134.85 |
| 2007 | 7 | - | 40,897,634.25 |
| 2007 | 8 | - | 42,155,131.58 |
| 2007 | 9 | - | 43,416,258.34 |
| 2007 | 10 | - | 41,329,538.35 |
| 2007 | 11 | - | 41,841,289.31 |
| 2007 | 12 | - | 39,065,037.18 |
| 2008 | 1 | - | 38,454,073.40 |
| 2008 | 2 | - | 37,444,024.95 |
| 2008 | 3 | - | 39,033,075.44 |
| 2008 | 4 | - | 40,033,338.68 |
| 2008 | 5 | - | 38,333,290.10 |
| 2008 | 6 | - | 36,003,211.96 |
| 2008 | 7 | - | 36,763,072.32 |
| 2008 | 8 | - | 34,980,969.08 |
| 2008 | 9 | - | 27,917,057.34 |
| 2008 | 10 | - | 25,514,697.41 |
| 2008 | 11 | - | 25,425,085.39 |
| 2008 | 12 | - | 25,146,539.18 |
| 2009 | 1 | - | 23,461,090.77 |
| 2009 | 2 | - | 22,126,756.14 |
| 2009 | 3 | - | 24,853,159.74 |
| 2009 | 4 | - | 26,508,335.87 |
| 2009 | 5 | - | 27,268,823.19 |
| 2009 | 6 | - | 27,617,221.18 |
| 2009 | 7 | - | 29,859,945.28 |
| 2009 | 8 | - | 30,949,935.79 |
| 2009 | 9 | - | 31,693,696.23 |
| 2009 | 10 | - | 32,357,465.45 |
| 2009 | 11 | - | 33,077,696.56 |
| 2009 | 12 | - | 33,526,550.28 |
| 2010 | 1 | - | 32,554,792.16 |
| 2010 | 2 | - | 34,489,535.05 |
| 2010 | 3 | - | 35,899,443.18 |
| 2010 | 4 | - | 33,787,695.55 |
| 2010 | 5 | - | 32,590,406.90 |
| 2010 | 6 | - | 32,538,564.36 |
| 2010 | 7 | - | 32,819,571.17 |
| 2010 | 8 | - | 33,925,969.62 |
| 2010 | 9 | - | 35,478,909.36 |
| 2010 | 10 | - | 36,362,658.64 |
| 2010 | 11 | - | 37,713,071.83 |
| 2010 | 12 | - | 39,018,771.22 |
| 2011 | 1 | - | 40,248,199.61 |
| 2011 | 2 | - | 39,800,454.10 |
| 2011 | 3 | - | 40,684,415.39 |
| 2011 | 4 | - | 40,952,621.22 |
| 2011 | 5 | - | 39,452,690.45 |
| 2011 | 6 | - | 40,676,408.63 |
| 2011 | 7 | - | 36,445,798.97 |
| 2011 | 8 | - | 36,158,152.32 |
| 2011 | 9 | - | 37,249,732.94 |
| 2011 | 10 | - | 37,907,981.33 |
| 2011 | 11 | - | 38,497,356.07 |
| 2011 | 12 | - | 40,338,514.45 |
| 2012 | 1 | - | 42,017,648.94 |
| 2012 | 2 | - | 43,229,369.57 |
| 2012 | 3 | - | 43,212,851.48 |
| 2012 | 4 | - | 41,877,162.89 |
| 2012 | 5 | - | 41,394,565.81 |
| 2012 | 6 | - | 42,603,737.02 |
| 2012 | 7 | - | 44,047,024.16 |
| 2012 | 8 | - | 45,377,757.92 |
| 2012 | 9 | - | 45,279,227.03 |
| 2012 | 10 | - | 43,994,431.70 |
| 2012 | 11 | - | 44,951,546.03 |
| 2012 | 12 | - | 46,870,420.29 |
| 2013 | 1 | - | 47,963,917.43 |
| 2013 | 2 | - | 49,269,713.03 |
| 2013 | 3 | - | 49,985,991.89 |
| 2013 | 4 | - | 52,272,486.02 |
| 2013 | 5 | - | 51,688,197.21 |
| 2013 | 6 | - | 53,370,377.79 |
| 2013 | 7 | - | 53,505,153.09 |
| 2013 | 8 | - | 54,143,184.56 |
| 2013 | 9 | - | 55,289,693.51 |
| 2013 | 10 | - | 57,423,872.39 |
| 2013 | 11 | - | 58,297,669.44 |
| 2013 | 12 | - | 58,861,878.75 |
| 2014 | 1 | - | 58,785,337.18 |
| 2014 | 2 | - | 60,385,632.37 |
| 2014 | 3 | - | 60,507,444.67 |
| 2014 | 4 | - | 61,434,439.75 |
| 2014 | 5 | - | 63,398,079.71 |
| 2014 | 6 | - | 64,346,402.11 |
| 2014 | 7 | - | 64,071,674.62 |
| 2014 | 8 | - | 65,210,890.66 |
| 2014 | 9 | - | 63,485,029.86 |
| 2014 | 10 | - | 67,107,264.88 |
| 2014 | 11 | - | 67,532,649.58 |
| 2014 | 12 | - | 66,783,006.39 |
| 2015 | 1 | - | 68,671,227.83 |
| 2015 | 2 | - | 68,709,246.59 |
| 2015 | 3 | - | 69,312,795.26 |
| 2015 | 4 | - | 69,991,300.93 |
| 2015 | 5 | - | 69,686,488.77 |
| 2015 | 6 | - | 69,630,997.35 |
| 2015 | 7 | - | 67,942,865.19 |
| 2015 | 8 | - | 64,880,615.37 |
| 2015 | 9 | - | 67,681,588.96 |
| 2015 | 10 | - | 69,666,331.21 |
| 2015 | 11 | - | 68,897,932.59 |
| 2015 | 12 | - | 64,474,945.91 |
| 2016 | 1 | - | 64,120,392.33 |
| 2016 | 2 | - | 68,200,198.19 |
| 2016 | 3 | - | 70,131,123.29 |
| 2016 | 4 | - | 69,917,668.53 |
| 2016 | 5 | - | 70,663,333.63 |
| 2016 | 6 | - | 72,993,413.90 |
| 2016 | 7 | - | 73,868,792.51 |
| 2016 | 8 | - | 73,544,751.36 |
| 2016 | 9 | - | 73,172,628.95 |
| 2016 | 10 | - | 74,051,549.71 |
| 2016 | 11 | - | 76,973,597.07 |
| 2016 | 12 | - | 78,080,196.24 |
| 2017 | 1 | - | 80,091,889.79 |
| 2017 | 2 | - | 81,492,902.68 |
| 2017 | 3 | - | 81,367,400.27 |
| 2017 | 4 | - | 82,744,440.45 |
| 2017 | 5 | - | 84,214,335.81 |
| 2017 | 6 | - | 85,046,275.84 |
| 2017 | 7 | - | 85,257,024.98 |
| 2017 | 8 | - | 86,666,547.88 |
| 2017 | 9 | - | 89,036,703.88 |
| 2017 | 10 | - | 90,452,003.66 |
| 2017 | 11 | - | 93,060,174.79 |
| 2017 | 12 | - | 97,584,665.81 |
| 2018 | 1 | - | 94,767,702.51 |
| 2018 | 2 | - | 94,828,901.82 |
| 2018 | 3 | - | 93,250,975.54 |
| 2018 | 4 | - | 95,080,206.37 |
| 2018 | 5 | - | 97,089,222.38 |
| 2018 | 6 | - | 98,623,952.47 |
| 2018 | 7 | - | 101,041,033.15 |
| 2018 | 8 | - | 102,738,267.62 |
| 2018 | 9 | - | 98,783,885.92 |
| 2018 | 10 | - | 96,733,025.45 |
| 2018 | 11 | - | 91,352,239.14 |
| 2018 | 12 | - | 92,937,781.85 |
| 2019 | 1 | - | 98,355,034.59 |
| 2019 | 2 | - | 100,271,012.26 |
| 2019 | 3 | - | 104,004,322.26 |
| 2019 | 4 | - | 102,411,195.97 |
| 2019 | 5 | - | 103,849,816.40 |
| 2019 | 6 | - | 107,824,505.92 |
| 2019 | 7 | - | 104,444,839.49 |
| 2019 | 8 | - | 107,667,200.34 |
| 2019 | 9 | - | 107,677,754.69 |
| 2019 | 10 | - | 112,451,854.93 |
| 2019 | 11 | - | 115,228,650.92 |
| 2019 | 12 | - | 119,084,659.62 |
| 2020 | 1 | - | 119,230,034.38 |
| 2020 | 2 | - | 96,674,443.53 |
| 2020 | 3 | - | 100,849,439.91 |
| 2020 | 4 | - | 106,786,814.90 |
| 2020 | 5 | - | 113,736,791.12 |
| 2020 | 6 | - | 117,690,776.61 |
| 2020 | 7 | - | 124,626,888.25 |
| 2020 | 8 | - | 123,845,474.37 |
| 2020 | 9 | - | 125,983,048.95 |
| 2020 | 10 | - | 130,964,565.58 |
| 2020 | 11 | - | 136,543,761.45 |
| 2020 | 12 | - | 140,360,568.88 |
| 2021 | 1 | - | 143,857,692.54 |
| 2021 | 2 | - | 145,039,278.73 |
| 2021 | 3 | - | 153,772,798.75 |
| 2021 | 4 | - | 154,941,828.04 |
| 2021 | 5 | - | 157,746,930.21 |
| 2021 | 6 | - | 162,586,923.84 |
| 2021 | 7 | - | 166,139,711.29 |
| 2021 | 8 | - | 165,999,325.17 |
| 2021 | 9 | - | 166,749,934.39 |
| 2021 | 10 | - | 174,661,792.00 |
| 2021 | 11 | - | 175,125,350.75 |
| 2021 | 12 | - | 171,531,861.05 |
Click to show 546 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.
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.
| Start Value Average monthly close | $72.56 |
| End Value Average monthly close | $3,793.75 |
| Change in price | +5,128.43% +8.98% / yr |
| Change incl. dividends | +22,828.19% +12.26% / yr |
| Change incl. dividends, inflation-adjusted | +4,452.30% +8.46% / yr |
| Final amount, nominal ($1000000 base) | $229,281,879.27 |
| Final amount, inflation-adjusted ($1000000 base) | $45,522,963.86 |