Stock market returns between 1987 and 2022
If you invested $210000 in the S&P 500 at the beginning of 1987, you would have about $6,734,581.65 at the end of 2022, assuming you reinvested all dividends. This is a return on investment of 3,106.94%, or 10.11% per year.
This lump-sum investment beats inflation during this period for an inflation-adjusted return of about 1,144.84% cumulatively, or 7.26% per year.
If you used dollar-cost averaging (monthly) instead of a lump-sum investment, you'd have $1,736,119.44.
The graph below shows the performance of $210000 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 $210000 is $6,524,581.65, or 3,106.94%. This means by 2022 you would have $6,734,581.65 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 1987 was 113.600 and the CPI in 2022 was 292.656.
The ratio between these CPIs describes how relative buying power of a dollar has changed over 35 years.
Adjusted for inflation, the $6,734,581.65 nominal end value of the original $210000 investment would have a real return of roughly $2,404,157.62 in 1987 dollars. This means the inflation-adjusted return is 1,144.84% as opposed to the original 3,106.94%.
For more information on inflation, see our U.S. inflation calculator for 1987.
Full monthly data
The table below shows the full dataset pertaining to a $210000 investment, including gains and losses over the 432-month period between 1987 and 2022.
Note that data shown is the monthly average closing price. Returns include dividends.
| Year | Month | Return (%) | Amount ($) | CPI |
|---|---|---|---|---|
| 1987 | 1 | 6.46% | 223,569.94 | 111.20 |
| 1987 | 2 | 4.38% | 233,354.28 | 111.60 |
| 1987 | 3 | -0.86% | 231,355.81 | 112.10 |
| 1987 | 4 | 0.17% | 231,755.66 | 112.70 |
| 1987 | 5 | 4.50% | 242,181.06 | 113.10 |
| 1987 | 6 | 3.12% | 249,742.19 | 113.50 |
| 1987 | 7 | 6.45% | 265,860.58 | 113.80 |
| 1987 | 8 | -3.03% | 257,803.87 | 114.40 |
| 1987 | 9 | -11.85% | 227,244.09 | 115.00 |
| 1987 | 10 | -12.30% | 199,285.31 | 115.30 |
| 1987 | 11 | -1.33% | 196,625.46 | 115.40 |
| 1987 | 12 | 4.25% | 204,975.25 | 115.40 |
| 1988 | 1 | 3.33% | 211,797.98 | 115.70 |
| 1988 | 2 | 3.23% | 218,643.42 | 116.00 |
| 1988 | 3 | -0.89% | 216,706.18 | 116.50 |
| 1988 | 4 | -2.19% | 211,964.07 | 117.10 |
| 1988 | 5 | 6.00% | 224,678.10 | 117.50 |
| 1988 | 6 | -0.31% | 223,988.52 | 118.00 |
| 1988 | 7 | -1.72% | 220,139.31 | 118.50 |
| 1988 | 8 | 1.93% | 224,381.76 | 119.00 |
| 1988 | 9 | 3.80% | 232,911.90 | 119.80 |
| 1988 | 10 | -2.02% | 228,206.50 | 120.20 |
| 1988 | 11 | 2.33% | 233,514.48 | 120.30 |
| 1988 | 12 | 3.51% | 241,717.04 | 120.50 |
| 1989 | 1 | 3.30% | 249,693.35 | 121.10 |
| 1989 | 2 | -0.16% | 249,289.70 | 121.60 |
| 1989 | 3 | 3.56% | 258,176.37 | 122.30 |
| 1989 | 4 | 4.12% | 268,801.11 | 123.10 |
| 1989 | 5 | 3.39% | 277,920.52 | 123.80 |
| 1989 | 6 | 2.80% | 285,702.78 | 124.10 |
| 1989 | 7 | 4.69% | 299,104.39 | 124.40 |
| 1989 | 8 | 0.46% | 300,466.92 | 124.60 |
| 1989 | 9 | 0.29% | 301,327.03 | 125.00 |
| 1989 | 10 | -1.81% | 295,862.31 | 125.60 |
| 1989 | 11 | 2.74% | 303,959.19 | 125.90 |
| 1989 | 12 | -2.21% | 297,237.97 | 126.10 |
| 1990 | 1 | -2.53% | 289,726.22 | 127.40 |
| 1990 | 2 | 2.71% | 297,569.59 | 128.00 |
| 1990 | 3 | 0.20% | 298,152.78 | 128.70 |
| 1990 | 4 | 3.85% | 309,634.42 | 128.90 |
| 1990 | 5 | 3.17% | 319,449.70 | 129.20 |
| 1990 | 6 | 0.17% | 319,991.88 | 129.90 |
| 1990 | 7 | -7.86% | 294,836.60 | 130.40 |
| 1990 | 8 | -4.34% | 282,037.56 | 131.60 |
| 1990 | 9 | -2.32% | 275,506.22 | 132.70 |
| 1990 | 10 | 2.98% | 283,726.82 | 133.50 |
| 1990 | 11 | 4.59% | 296,740.25 | 133.80 |
| 1990 | 12 | -0.69% | 294,707.07 | 133.80 |
| 1991 | 1 | 11.61% | 328,913.05 | 134.60 |
| 1991 | 2 | 3.04% | 338,927.21 | 134.80 |
| 1991 | 3 | 2.26% | 346,582.99 | 135.00 |
| 1991 | 4 | -0.18% | 345,963.03 | 135.20 |
| 1991 | 5 | 0.35% | 347,163.56 | 135.60 |
| 1991 | 6 | 0.78% | 349,873.12 | 136.00 |
| 1991 | 7 | 2.68% | 359,245.99 | 136.20 |
| 1991 | 8 | -0.30% | 358,157.11 | 136.60 |
| 1991 | 9 | 0.18% | 358,807.69 | 137.20 |
| 1991 | 10 | 0.02% | 358,864.36 | 137.40 |
| 1991 | 11 | 0.94% | 362,220.25 | 137.80 |
| 1991 | 12 | 7.36% | 388,872.51 | 137.90 |
| 1992 | 1 | -0.60% | 386,535.98 | 138.10 |
| 1992 | 2 | -1.01% | 382,622.78 | 138.60 |
| 1992 | 3 | 0.26% | 383,634.06 | 139.30 |
| 1992 | 4 | 2.07% | 391,568.96 | 139.50 |
| 1992 | 5 | -1.33% | 386,364.53 | 139.70 |
| 1992 | 6 | 1.91% | 393,752.33 | 140.20 |
| 1992 | 7 | 0.94% | 397,460.38 | 140.50 |
| 1992 | 8 | 0.38% | 398,963.52 | 140.90 |
| 1992 | 9 | -1.18% | 394,247.55 | 141.30 |
| 1992 | 10 | 2.76% | 405,116.57 | 141.80 |
| 1992 | 11 | 3.27% | 418,368.75 | 142.00 |
| 1992 | 12 | 0.14% | 418,966.57 | 141.90 |
| 1993 | 1 | 1.72% | 426,190.59 | 142.60 |
| 1993 | 2 | 2.15% | 435,354.34 | 143.10 |
| 1993 | 3 | -1.34% | 429,512.99 | 143.60 |
| 1993 | 4 | 0.72% | 432,625.77 | 144.00 |
| 1993 | 5 | 0.87% | 436,368.78 | 144.20 |
| 1993 | 6 | 0.06% | 436,634.98 | 144.40 |
| 1993 | 7 | 1.76% | 444,330.52 | 144.40 |
| 1993 | 8 | 1.35% | 450,351.07 | 144.80 |
| 1993 | 9 | 1.24% | 455,944.01 | 145.10 |
| 1993 | 10 | 0.01% | 455,978.41 | 145.70 |
| 1993 | 11 | 0.89% | 460,023.76 | 145.80 |
| 1993 | 12 | 1.74% | 468,009.22 | 145.80 |
| 1994 | 1 | -0.08% | 467,654.94 | 146.20 |
| 1994 | 2 | -1.42% | 460,996.38 | 146.70 |
| 1994 | 3 | -3.35% | 445,569.70 | 147.20 |
| 1994 | 4 | 1.06% | 450,284.91 | 147.40 |
| 1994 | 5 | 1.11% | 455,274.48 | 147.50 |
| 1994 | 6 | -0.52% | 452,912.18 | 148.00 |
| 1994 | 7 | 3.08% | 466,871.28 | 148.40 |
| 1994 | 8 | 0.82% | 470,687.79 | 149.00 |
| 1994 | 9 | -0.44% | 468,597.91 | 149.40 |
| 1994 | 10 | -0.37% | 466,864.64 | 149.50 |
| 1994 | 11 | -1.03% | 462,075.98 | 149.70 |
| 1994 | 12 | 2.45% | 473,402.27 | 149.70 |
| 1995 | 1 | 3.82% | 491,481.94 | 150.30 |
| 1995 | 2 | 2.56% | 504,054.89 | 150.90 |
| 1995 | 3 | 3.22% | 520,263.04 | 151.40 |
| 1995 | 4 | 3.35% | 537,680.20 | 151.90 |
| 1995 | 5 | 3.18% | 554,769.94 | 152.20 |
| 1995 | 6 | 3.55% | 574,450.30 | 152.50 |
| 1995 | 7 | 0.51% | 577,397.94 | 152.50 |
| 1995 | 8 | 3.72% | 598,863.66 | 152.90 |
| 1995 | 9 | 0.91% | 604,328.69 | 153.20 |
| 1995 | 10 | 2.36% | 618,581.09 | 153.70 |
| 1995 | 11 | 3.39% | 639,545.66 | 153.60 |
| 1995 | 12 | 0.16% | 640,585.43 | 153.50 |
| 1996 | 1 | 5.90% | 678,408.11 | 154.40 |
| 1996 | 2 | -0.20% | 677,046.57 | 154.90 |
| 1996 | 3 | 0.20% | 678,380.63 | 155.70 |
| 1996 | 4 | 2.35% | 694,355.32 | 156.30 |
| 1996 | 5 | 1.28% | 703,233.29 | 156.60 |
| 1996 | 6 | -3.48% | 678,784.94 | 156.70 |
| 1996 | 7 | 3.08% | 699,662.68 | 157.00 |
| 1996 | 8 | 2.02% | 713,821.94 | 157.30 |
| 1996 | 9 | 4.12% | 743,227.82 | 157.80 |
| 1996 | 10 | 5.05% | 780,776.30 | 158.30 |
| 1996 | 11 | 1.20% | 790,131.78 | 158.60 |
| 1996 | 12 | 3.26% | 815,870.64 | 158.60 |
| 1997 | 1 | 4.36% | 851,452.09 | 159.10 |
| 1997 | 2 | -0.62% | 846,141.71 | 159.60 |
| 1997 | 3 | -3.41% | 817,328.50 | 160.00 |
| 1997 | 4 | 9.22% | 892,668.46 | 160.20 |
| 1997 | 5 | 5.34% | 940,308.61 | 160.10 |
| 1997 | 6 | 5.74% | 994,244.00 | 160.30 |
| 1997 | 7 | 0.35% | 997,701.88 | 160.50 |
| 1997 | 8 | 1.19% | 1,009,594.56 | 160.80 |
| 1997 | 9 | 1.65% | 1,026,206.19 | 161.20 |
| 1997 | 10 | -1.15% | 1,014,383.85 | 161.60 |
| 1997 | 11 | 2.63% | 1,041,108.97 | 161.50 |
| 1997 | 12 | 0.24% | 1,043,577.32 | 161.30 |
| 1998 | 1 | 6.40% | 1,110,388.79 | 161.60 |
| 1998 | 2 | 5.31% | 1,169,382.33 | 161.90 |
| 1998 | 3 | 3.41% | 1,209,207.70 | 162.20 |
| 1998 | 4 | -0.22% | 1,206,524.98 | 162.50 |
| 1998 | 5 | 0.12% | 1,207,930.06 | 162.80 |
| 1998 | 6 | 4.47% | 1,261,896.35 | 163.00 |
| 1998 | 7 | -6.97% | 1,173,929.46 | 163.20 |
| 1998 | 8 | -4.90% | 1,116,425.11 | 163.40 |
| 1998 | 9 | 1.29% | 1,130,836.56 | 163.60 |
| 1998 | 10 | 10.97% | 1,254,938.91 | 164.00 |
| 1998 | 11 | 4.10% | 1,306,442.92 | 164.00 |
| 1998 | 12 | 5.05% | 1,372,388.07 | 163.90 |
| 1999 | 1 | -0.07% | 1,371,472.55 | 164.30 |
| 1999 | 2 | 2.92% | 1,411,567.69 | 164.50 |
| 1999 | 3 | 4.25% | 1,471,559.62 | 165.00 |
| 1999 | 4 | -0.10% | 1,470,105.26 | 166.20 |
| 1999 | 5 | -0.61% | 1,461,111.64 | 166.20 |
| 1999 | 6 | 4.52% | 1,527,188.76 | 166.20 |
| 1999 | 7 | -3.77% | 1,469,546.77 | 166.70 |
| 1999 | 8 | -0.60% | 1,460,758.63 | 167.10 |
| 1999 | 9 | -1.27% | 1,442,170.90 | 167.90 |
| 1999 | 10 | 7.11% | 1,544,650.84 | 168.20 |
| 1999 | 11 | 2.81% | 1,588,035.92 | 168.30 |
| 1999 | 12 | -0.12% | 1,586,147.23 | 168.30 |
| 2000 | 1 | -2.48% | 1,546,841.28 | 168.80 |
| 2000 | 2 | 3.94% | 1,607,801.57 | 169.80 |
| 2000 | 3 | 1.42% | 1,630,707.36 | 171.20 |
| 2000 | 4 | -2.84% | 1,584,414.94 | 171.30 |
| 2000 | 5 | 3.16% | 1,634,537.59 | 171.50 |
| 2000 | 6 | 0.85% | 1,648,436.76 | 172.40 |
| 2000 | 7 | 0.94% | 1,663,927.30 | 172.80 |
| 2000 | 8 | -1.08% | 1,645,962.70 | 172.80 |
| 2000 | 9 | -5.21% | 1,560,138.43 | 173.70 |
| 2000 | 10 | -0.77% | 1,548,085.36 | 174.00 |
| 2000 | 11 | -3.32% | 1,496,687.78 | 174.10 |
| 2000 | 12 | 0.46% | 1,503,497.83 | 174.00 |
| 2001 | 1 | -2.14% | 1,471,379.24 | 175.10 |
| 2001 | 2 | -9.08% | 1,337,779.43 | 175.80 |
| 2001 | 3 | 0.45% | 1,343,781.96 | 176.20 |
| 2001 | 4 | 6.88% | 1,436,225.20 | 176.90 |
| 2001 | 5 | -2.39% | 1,401,918.77 | 177.70 |
| 2001 | 6 | -2.66% | 1,364,624.54 | 178.00 |
| 2001 | 7 | -2.05% | 1,336,706.52 | 177.50 |
| 2001 | 8 | -11.25% | 1,186,362.80 | 177.50 |
| 2001 | 9 | 3.18% | 1,224,136.96 | 178.30 |
| 2001 | 10 | 5.05% | 1,285,994.39 | 177.70 |
| 2001 | 11 | 1.47% | 1,304,847.71 | 177.40 |
| 2001 | 12 | -0.30% | 1,300,963.31 | 176.70 |
| 2002 | 1 | -3.35% | 1,257,345.02 | 177.10 |
| 2002 | 2 | 4.95% | 1,319,524.13 | 177.80 |
| 2002 | 3 | -3.51% | 1,273,150.35 | 178.80 |
| 2002 | 4 | -2.82% | 1,237,242.78 | 179.80 |
| 2002 | 5 | -5.92% | 1,163,986.15 | 179.80 |
| 2002 | 6 | -10.76% | 1,038,758.71 | 179.90 |
| 2002 | 7 | 1.14% | 1,050,588.00 | 180.10 |
| 2002 | 8 | -4.76% | 1,000,603.86 | 180.70 |
| 2002 | 9 | -1.37% | 986,925.17 | 181.00 |
| 2002 | 10 | 6.63% | 1,052,314.66 | 181.30 |
| 2002 | 11 | -1.04% | 1,041,422.56 | 181.30 |
| 2002 | 12 | -0.22% | 1,039,105.21 | 180.90 |
| 2003 | 1 | -6.41% | 972,448.31 | 181.70 |
| 2003 | 2 | 1.31% | 985,166.95 | 183.10 |
| 2003 | 3 | 5.29% | 1,037,241.48 | 184.20 |
| 2003 | 4 | 5.31% | 1,092,341.95 | 183.80 |
| 2003 | 5 | 5.70% | 1,154,651.15 | 183.50 |
| 2003 | 6 | 0.60% | 1,161,531.73 | 183.70 |
| 2003 | 7 | -0.17% | 1,159,599.82 | 183.90 |
| 2003 | 8 | 3.16% | 1,196,256.87 | 184.60 |
| 2003 | 9 | 2.03% | 1,220,514.91 | 185.20 |
| 2003 | 10 | 1.21% | 1,235,290.30 | 185.00 |
| 2003 | 11 | 3.06% | 1,273,137.25 | 184.50 |
| 2003 | 12 | 4.93% | 1,335,966.08 | 184.30 |
| 2004 | 1 | 1.09% | 1,350,483.52 | 185.20 |
| 2004 | 2 | -1.57% | 1,329,345.79 | 186.20 |
| 2004 | 3 | 0.97% | 1,342,215.68 | 187.40 |
| 2004 | 4 | -2.56% | 1,307,797.87 | 188.00 |
| 2004 | 5 | 2.86% | 1,345,170.51 | 189.10 |
| 2004 | 6 | -2.24% | 1,315,055.10 | 189.70 |
| 2004 | 7 | -1.39% | 1,296,807.79 | 189.40 |
| 2004 | 8 | 2.78% | 1,332,893.08 | 189.50 |
| 2004 | 9 | 0.10% | 1,334,260.57 | 189.90 |
| 2004 | 10 | 4.77% | 1,397,956.78 | 190.90 |
| 2004 | 11 | 2.73% | 1,436,085.32 | 191.00 |
| 2004 | 12 | -1.35% | 1,416,709.34 | 190.30 |
| 2005 | 1 | 1.68% | 1,440,527.16 | 190.70 |
| 2005 | 2 | -0.26% | 1,436,845.34 | 191.80 |
| 2005 | 3 | -2.41% | 1,402,232.91 | 193.30 |
| 2005 | 4 | 1.34% | 1,420,964.93 | 194.60 |
| 2005 | 5 | 2.18% | 1,451,951.87 | 194.40 |
| 2005 | 6 | 1.81% | 1,478,200.13 | 194.50 |
| 2005 | 7 | 0.31% | 1,482,782.82 | 195.40 |
| 2005 | 8 | 0.28% | 1,486,930.02 | 196.40 |
| 2005 | 9 | -2.62% | 1,447,909.71 | 198.80 |
| 2005 | 10 | 3.96% | 1,505,269.26 | 199.20 |
| 2005 | 11 | 2.14% | 1,537,544.21 | 197.60 |
| 2005 | 12 | 1.47% | 1,560,096.45 | 196.80 |
| 2006 | 1 | -0.02% | 1,559,836.85 | 198.30 |
| 2006 | 2 | 1.49% | 1,583,018.18 | 198.70 |
| 2006 | 3 | 0.80% | 1,595,655.91 | 199.80 |
| 2006 | 4 | -0.79% | 1,583,103.91 | 201.50 |
| 2006 | 5 | -2.71% | 1,540,268.40 | 202.50 |
| 2006 | 6 | 0.72% | 1,551,358.96 | 202.90 |
| 2006 | 7 | 2.29% | 1,586,912.37 | 203.50 |
| 2006 | 8 | 2.53% | 1,627,079.87 | 203.90 |
| 2006 | 9 | 3.62% | 1,685,913.67 | 202.90 |
| 2006 | 10 | 2.00% | 1,719,659.64 | 201.80 |
| 2006 | 11 | 2.15% | 1,756,602.49 | 201.50 |
| 2006 | 12 | 0.69% | 1,768,772.69 | 201.80 |
| 2007 | 1 | 1.60% | 1,797,003.16 | 202.42 |
| 2007 | 2 | -2.47% | 1,752,547.26 | 203.50 |
| 2007 | 3 | 4.18% | 1,825,808.29 | 205.35 |
| 2007 | 4 | 3.39% | 1,887,735.20 | 206.69 |
| 2007 | 5 | 0.34% | 1,894,246.02 | 207.95 |
| 2007 | 6 | 0.57% | 1,905,130.73 | 208.35 |
| 2007 | 7 | -4.20% | 1,825,094.14 | 208.30 |
| 2007 | 8 | 3.07% | 1,881,211.10 | 207.92 |
| 2007 | 9 | 2.99% | 1,937,490.03 | 208.49 |
| 2007 | 10 | -4.81% | 1,844,368.25 | 208.94 |
| 2007 | 11 | 1.24% | 1,867,205.60 | 210.18 |
| 2007 | 12 | -6.64% | 1,743,312.82 | 210.04 |
| 2008 | 1 | -1.56% | 1,716,048.01 | 211.08 |
| 2008 | 2 | -2.63% | 1,670,973.68 | 211.69 |
| 2008 | 3 | 4.24% | 1,741,886.50 | 213.53 |
| 2008 | 4 | 2.56% | 1,786,524.16 | 214.82 |
| 2008 | 5 | -4.25% | 1,710,657.95 | 216.63 |
| 2008 | 6 | -6.08% | 1,606,676.09 | 218.82 |
| 2008 | 7 | 2.11% | 1,640,585.55 | 219.96 |
| 2008 | 8 | -4.85% | 1,561,057.57 | 219.09 |
| 2008 | 9 | -20.19% | 1,245,824.08 | 218.78 |
| 2008 | 10 | -8.61% | 1,138,616.58 | 216.57 |
| 2008 | 11 | -0.35% | 1,134,617.57 | 212.43 |
| 2008 | 12 | -1.10% | 1,122,187.19 | 210.23 |
| 2009 | 1 | -6.70% | 1,046,972.52 | 211.14 |
| 2009 | 2 | -5.69% | 987,426.62 | 212.19 |
| 2009 | 3 | 12.32% | 1,109,094.86 | 212.71 |
| 2009 | 4 | 6.66% | 1,182,958.60 | 213.24 |
| 2009 | 5 | 2.87% | 1,216,896.04 | 213.86 |
| 2009 | 6 | 1.28% | 1,232,443.62 | 215.69 |
| 2009 | 7 | 8.12% | 1,332,527.22 | 215.35 |
| 2009 | 8 | 3.65% | 1,381,169.04 | 215.83 |
| 2009 | 9 | 2.40% | 1,414,360.03 | 215.97 |
| 2009 | 10 | 2.09% | 1,443,981.33 | 216.18 |
| 2009 | 11 | 2.23% | 1,476,122.30 | 216.33 |
| 2009 | 12 | 1.36% | 1,496,152.81 | 215.95 |
| 2010 | 1 | -2.90% | 1,452,787.22 | 216.69 |
| 2010 | 2 | 5.94% | 1,539,126.88 | 216.74 |
| 2010 | 3 | 4.09% | 1,602,045.31 | 217.63 |
| 2010 | 4 | -5.88% | 1,507,806.65 | 218.01 |
| 2010 | 5 | -3.54% | 1,454,376.56 | 218.18 |
| 2010 | 6 | -0.16% | 1,452,063.04 | 217.97 |
| 2010 | 7 | 0.86% | 1,464,603.22 | 218.01 |
| 2010 | 8 | 3.37% | 1,513,977.26 | 218.31 |
| 2010 | 9 | 4.58% | 1,583,278.61 | 218.44 |
| 2010 | 10 | 2.49% | 1,622,716.72 | 218.71 |
| 2010 | 11 | 3.71% | 1,682,980.14 | 218.80 |
| 2010 | 12 | 3.46% | 1,741,248.16 | 219.18 |
| 2011 | 1 | 3.15% | 1,796,112.52 | 220.22 |
| 2011 | 2 | -1.11% | 1,776,131.47 | 221.31 |
| 2011 | 3 | 2.22% | 1,815,579.05 | 223.47 |
| 2011 | 4 | 0.66% | 1,827,547.98 | 224.91 |
| 2011 | 5 | -3.66% | 1,760,612.20 | 225.96 |
| 2011 | 6 | 3.10% | 1,815,221.74 | 225.72 |
| 2011 | 7 | -10.40% | 1,626,426.94 | 225.92 |
| 2011 | 8 | -0.79% | 1,613,590.44 | 226.55 |
| 2011 | 9 | 3.02% | 1,662,303.22 | 226.89 |
| 2011 | 10 | 1.77% | 1,691,678.15 | 226.42 |
| 2011 | 11 | 1.55% | 1,717,979.54 | 226.23 |
| 2011 | 12 | 4.78% | 1,800,142.91 | 225.67 |
| 2012 | 1 | 4.16% | 1,875,075.81 | 226.67 |
| 2012 | 2 | 2.88% | 1,929,149.95 | 227.66 |
| 2012 | 3 | -0.04% | 1,928,412.81 | 229.39 |
| 2012 | 4 | -3.09% | 1,868,806.49 | 230.09 |
| 2012 | 5 | -1.15% | 1,847,270.16 | 229.82 |
| 2012 | 6 | 2.92% | 1,901,230.52 | 229.48 |
| 2012 | 7 | 3.39% | 1,965,638.53 | 229.10 |
| 2012 | 8 | 3.02% | 2,025,023.73 | 230.38 |
| 2012 | 9 | -0.22% | 2,020,626.70 | 231.41 |
| 2012 | 10 | -2.84% | 1,963,291.54 | 231.32 |
| 2012 | 11 | 2.18% | 2,006,003.64 | 230.22 |
| 2012 | 12 | 4.27% | 2,091,635.15 | 229.60 |
| 2013 | 1 | 2.33% | 2,140,433.45 | 230.28 |
| 2013 | 2 | 2.72% | 2,198,705.77 | 232.17 |
| 2013 | 3 | 1.45% | 2,230,670.36 | 232.77 |
| 2013 | 4 | 4.57% | 2,332,707.24 | 232.53 |
| 2013 | 5 | -1.12% | 2,306,632.83 | 232.95 |
| 2013 | 6 | 3.25% | 2,381,701.66 | 233.50 |
| 2013 | 7 | 0.25% | 2,387,716.13 | 233.60 |
| 2013 | 8 | 1.19% | 2,416,188.87 | 233.88 |
| 2013 | 9 | 2.12% | 2,467,352.87 | 234.15 |
| 2013 | 10 | 3.86% | 2,562,592.55 | 233.55 |
| 2013 | 11 | 1.52% | 2,601,586.54 | 233.07 |
| 2013 | 12 | 0.97% | 2,626,764.89 | 233.05 |
| 2014 | 1 | -0.13% | 2,623,349.15 | 233.92 |
| 2014 | 2 | 2.72% | 2,694,763.78 | 234.78 |
| 2014 | 3 | 0.20% | 2,700,199.77 | 236.29 |
| 2014 | 4 | 1.53% | 2,741,567.77 | 237.07 |
| 2014 | 5 | 3.20% | 2,829,196.98 | 237.90 |
| 2014 | 6 | 1.50% | 2,871,516.73 | 238.34 |
| 2014 | 7 | -0.43% | 2,859,256.77 | 238.25 |
| 2014 | 8 | 1.78% | 2,910,095.32 | 237.85 |
| 2014 | 9 | -2.65% | 2,833,077.21 | 238.03 |
| 2014 | 10 | 5.71% | 2,994,722.75 | 237.43 |
| 2014 | 11 | 0.63% | 3,013,705.93 | 236.15 |
| 2014 | 12 | -1.11% | 2,980,252.42 | 234.81 |
| 2015 | 1 | 2.83% | 3,064,516.02 | 233.71 |
| 2015 | 2 | 0.06% | 3,066,212.64 | 234.72 |
| 2015 | 3 | 0.88% | 3,093,146.55 | 236.12 |
| 2015 | 4 | 0.98% | 3,123,425.48 | 236.60 |
| 2015 | 5 | -0.44% | 3,109,822.96 | 237.81 |
| 2015 | 6 | -0.08% | 3,107,346.60 | 238.64 |
| 2015 | 7 | -2.42% | 3,032,012.17 | 238.65 |
| 2015 | 8 | -4.51% | 2,895,356.49 | 238.32 |
| 2015 | 9 | 4.32% | 3,020,352.48 | 237.95 |
| 2015 | 10 | 2.93% | 3,108,923.41 | 237.84 |
| 2015 | 11 | -1.10% | 3,074,632.92 | 237.34 |
| 2015 | 12 | -6.42% | 2,877,253.12 | 236.53 |
| 2016 | 1 | -0.55% | 2,861,430.84 | 236.92 |
| 2016 | 2 | 6.36% | 3,043,495.89 | 237.11 |
| 2016 | 3 | 2.83% | 3,129,665.18 | 238.13 |
| 2016 | 4 | -0.30% | 3,120,139.57 | 239.26 |
| 2016 | 5 | 1.07% | 3,153,415.55 | 240.23 |
| 2016 | 6 | 3.30% | 3,257,397.50 | 241.02 |
| 2016 | 7 | 1.20% | 3,296,462.07 | 240.63 |
| 2016 | 8 | -0.44% | 3,282,001.44 | 240.85 |
| 2016 | 9 | -0.51% | 3,265,395.14 | 241.43 |
| 2016 | 10 | 1.20% | 3,304,617.78 | 241.73 |
| 2016 | 11 | 3.95% | 3,435,016.80 | 241.35 |
| 2016 | 12 | 1.44% | 3,484,399.79 | 241.43 |
| 2017 | 1 | 2.58% | 3,574,173.45 | 242.84 |
| 2017 | 2 | 1.75% | 3,636,694.92 | 243.60 |
| 2017 | 3 | -0.15% | 3,631,094.26 | 243.80 |
| 2017 | 4 | 1.69% | 3,692,545.93 | 244.52 |
| 2017 | 5 | 1.78% | 3,758,141.35 | 244.73 |
| 2017 | 6 | 0.99% | 3,795,267.43 | 244.96 |
| 2017 | 7 | 0.25% | 3,804,672.30 | 244.79 |
| 2017 | 8 | 1.65% | 3,867,573.55 | 245.52 |
| 2017 | 9 | 2.73% | 3,973,343.91 | 246.82 |
| 2017 | 10 | 1.59% | 4,036,502.95 | 246.66 |
| 2017 | 11 | 2.88% | 4,152,894.96 | 246.67 |
| 2017 | 12 | 4.86% | 4,354,804.49 | 246.52 |
| 2018 | 1 | -2.89% | 4,229,094.94 | 247.87 |
| 2018 | 2 | 0.06% | 4,231,826.02 | 248.99 |
| 2018 | 3 | -1.66% | 4,161,409.62 | 249.55 |
| 2018 | 4 | 1.96% | 4,243,040.71 | 250.55 |
| 2018 | 5 | 2.11% | 4,332,694.88 | 251.59 |
| 2018 | 6 | 1.58% | 4,401,183.60 | 251.99 |
| 2018 | 7 | 2.45% | 4,509,048.03 | 252.01 |
| 2018 | 8 | 1.68% | 4,584,788.66 | 252.15 |
| 2018 | 9 | -3.85% | 4,408,320.78 | 252.44 |
| 2018 | 10 | -2.08% | 4,316,799.27 | 252.89 |
| 2018 | 11 | -5.56% | 4,076,676.78 | 252.04 |
| 2018 | 12 | 1.74% | 4,147,433.07 | 251.23 |
| 2019 | 1 | 5.83% | 4,389,182.90 | 251.71 |
| 2019 | 2 | 1.95% | 4,474,685.15 | 252.78 |
| 2019 | 3 | 3.72% | 4,641,287.50 | 254.20 |
| 2019 | 4 | -1.53% | 4,570,192.79 | 255.55 |
| 2019 | 5 | 1.40% | 4,634,392.54 | 256.09 |
| 2019 | 6 | 3.83% | 4,811,766.67 | 256.14 |
| 2019 | 7 | -3.13% | 4,660,945.98 | 256.57 |
| 2019 | 8 | 3.09% | 4,804,746.77 | 256.56 |
| 2019 | 9 | 0.01% | 4,805,217.77 | 256.76 |
| 2019 | 10 | 4.43% | 5,018,266.33 | 257.35 |
| 2019 | 11 | 2.47% | 5,142,183.38 | 257.21 |
| 2019 | 12 | 3.35% | 5,314,261.28 | 256.97 |
| 2020 | 1 | 0.12% | 5,320,748.76 | 257.97 |
| 2020 | 2 | -18.92% | 4,314,184.99 | 258.68 |
| 2020 | 3 | 4.32% | 4,500,498.01 | 258.12 |
| 2020 | 4 | 5.89% | 4,765,458.77 | 256.39 |
| 2020 | 5 | 6.51% | 5,075,607.78 | 256.39 |
| 2020 | 6 | 3.48% | 5,252,057.98 | 257.80 |
| 2020 | 7 | 5.89% | 5,561,588.27 | 259.10 |
| 2020 | 8 | -0.63% | 5,526,716.96 | 259.92 |
| 2020 | 9 | 1.73% | 5,622,108.18 | 260.28 |
| 2020 | 10 | 3.95% | 5,844,412.89 | 260.39 |
| 2020 | 11 | 4.26% | 6,093,389.58 | 260.23 |
| 2020 | 12 | 2.80% | 6,263,718.08 | 260.47 |
| 2021 | 1 | 2.49% | 6,419,780.41 | 261.58 |
| 2021 | 2 | 0.82% | 6,472,509.77 | 263.01 |
| 2021 | 3 | 6.02% | 6,862,251.04 | 264.88 |
| 2021 | 4 | 0.76% | 6,914,420.04 | 267.05 |
| 2021 | 5 | 1.81% | 7,039,600.27 | 269.20 |
| 2021 | 6 | 3.07% | 7,255,589.39 | 271.70 |
| 2021 | 7 | 2.19% | 7,414,135.77 | 273.00 |
| 2021 | 8 | -0.08% | 7,407,870.91 | 273.57 |
| 2021 | 9 | 0.45% | 7,441,367.53 | 274.31 |
| 2021 | 10 | 4.74% | 7,794,441.37 | 276.59 |
| 2021 | 11 | 0.27% | 7,815,128.10 | 277.95 |
| 2021 | 12 | -2.05% | 7,654,765.35 | 278.80 |
| 2022 | 1 | -2.90% | 7,432,580.44 | 281.15 |
| 2022 | 2 | -0.89% | 7,366,238.45 | 283.72 |
| 2022 | 3 | 0.12% | 7,374,952.84 | 287.50 |
| 2022 | 4 | -7.87% | 6,794,342.70 | 289.11 |
| 2022 | 5 | -3.37% | 6,565,415.14 | 292.30 |
| 2022 | 6 | 0.46% | 6,595,923.66 | 296.31 |
| 2022 | 7 | 6.45% | 7,021,188.84 | 296.28 |
| 2022 | 8 | -7.28% | 6,510,228.55 | 296.17 |
| 2022 | 9 | -3.09% | 6,308,985.99 | 296.81 |
| 2022 | 10 | 5.29% | 6,642,421.84 | 298.01 |
| 2022 | 11 | 0.01% | 6,643,141.71 | 297.71 |
| 2022 | 12 | 1.38% | 6,734,581.65 | 296.80 |
Click to show 414 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 $210,000.00 up-front. Instead, the capital is invested over a period of time.
Consider a strategy in which $210,000.00 was invested in the S&P 500 over a period of no more than 420 months beginning in 1987. This would result in a final amount of $1,736,119.44, including dividend reinvestments. In this particular case, dollar-cost average returns are less than the returns of a lump-sum investment (which ends with $6,734,581.65).
| Year | Month | Contribution ($) | Amount ($) |
|---|---|---|---|
| 1987 | 1 | 500.00 | 531.00 |
| 1987 | 2 | 500.00 | 1,074.89 |
| 1987 | 3 | 500.00 | 1,560.21 |
| 1987 | 4 | 500.00 | 2,062.56 |
| 1987 | 5 | 500.00 | 2,676.62 |
| 1987 | 6 | 500.00 | 3,274.62 |
| 1987 | 7 | 500.00 | 4,017.08 |
| 1987 | 8 | 500.00 | 4,379.11 |
| 1987 | 9 | 500.00 | 4,299.61 |
| 1987 | 10 | 500.00 | 4,207.80 |
| 1987 | 11 | 500.00 | 4,643.47 |
| 1987 | 12 | 500.00 | 5,360.37 |
| 1988 | 1 | 500.00 | 6,053.96 |
| 1988 | 2 | 500.00 | 6,764.36 |
| 1988 | 3 | 500.00 | 7,198.59 |
| 1988 | 4 | 500.00 | 7,528.69 |
| 1988 | 5 | 500.00 | 8,508.78 |
| 1988 | 6 | 500.00 | 8,979.71 |
| 1988 | 7 | 500.00 | 9,315.36 |
| 1988 | 8 | 500.00 | 10,003.03 |
| 1988 | 9 | 500.00 | 10,900.85 |
| 1988 | 10 | 500.00 | 11,169.09 |
| 1988 | 11 | 500.00 | 11,939.02 |
| 1988 | 12 | 500.00 | 12,874.50 |
| 1989 | 1 | 500.00 | 13,814.40 |
| 1989 | 2 | 500.00 | 14,289.86 |
| 1989 | 3 | 500.00 | 15,315.66 |
| 1989 | 4 | 500.00 | 16,465.13 |
| 1989 | 5 | 500.00 | 17,539.34 |
| 1989 | 6 | 500.00 | 18,543.14 |
| 1989 | 7 | 500.00 | 19,935.10 |
| 1989 | 8 | 500.00 | 20,526.92 |
| 1989 | 9 | 500.00 | 21,085.83 |
| 1989 | 10 | 500.00 | 21,193.06 |
| 1989 | 11 | 500.00 | 22,285.40 |
| 1989 | 12 | 500.00 | 22,280.24 |
| 1990 | 1 | 500.00 | 22,203.18 |
| 1990 | 2 | 500.00 | 23,316.37 |
| 1990 | 3 | 500.00 | 23,861.66 |
| 1990 | 4 | 500.00 | 25,298.40 |
| 1990 | 5 | 500.00 | 26,614.82 |
| 1990 | 6 | 500.00 | 27,159.49 |
| 1990 | 7 | 500.00 | 25,483.76 |
| 1990 | 8 | 500.00 | 24,854.30 |
| 1990 | 9 | 500.00 | 24,765.59 |
| 1990 | 10 | 500.00 | 26,017.85 |
| 1990 | 11 | 500.00 | 27,732.54 |
| 1990 | 12 | 500.00 | 28,037.56 |
| 1991 | 1 | 500.00 | 31,848.30 |
| 1991 | 2 | 500.00 | 33,331.79 |
| 1991 | 3 | 500.00 | 34,594.64 |
| 1991 | 4 | 500.00 | 35,030.53 |
| 1991 | 5 | 500.00 | 35,652.49 |
| 1991 | 6 | 500.00 | 36,433.32 |
| 1991 | 7 | 500.00 | 37,921.40 |
| 1991 | 8 | 500.00 | 38,303.63 |
| 1991 | 9 | 500.00 | 38,872.80 |
| 1991 | 10 | 500.00 | 39,377.70 |
| 1991 | 11 | 500.00 | 40,249.29 |
| 1991 | 12 | 500.00 | 43,746.32 |
| 1992 | 1 | 500.00 | 43,979.25 |
| 1992 | 2 | 500.00 | 44,027.71 |
| 1992 | 3 | 500.00 | 44,644.14 |
| 1992 | 4 | 500.00 | 46,076.61 |
| 1992 | 5 | 500.00 | 45,956.32 |
| 1992 | 6 | 500.00 | 47,343.37 |
| 1992 | 7 | 500.00 | 48,292.68 |
| 1992 | 8 | 500.00 | 48,975.97 |
| 1992 | 9 | 500.00 | 48,889.90 |
| 1992 | 10 | 500.00 | 50,750.28 |
| 1992 | 11 | 500.00 | 52,925.56 |
| 1992 | 12 | 500.00 | 53,500.72 |
| 1993 | 1 | 500.00 | 54,930.64 |
| 1993 | 2 | 500.00 | 56,621.31 |
| 1993 | 3 | 500.00 | 56,353.73 |
| 1993 | 4 | 500.00 | 57,264.59 |
| 1993 | 5 | 500.00 | 58,263.19 |
| 1993 | 6 | 500.00 | 58,797.87 |
| 1993 | 7 | 500.00 | 60,341.81 |
| 1993 | 8 | 500.00 | 61,665.05 |
| 1993 | 9 | 500.00 | 62,935.94 |
| 1993 | 10 | 500.00 | 63,439.60 |
| 1993 | 11 | 500.00 | 64,505.73 |
| 1993 | 12 | 500.00 | 66,133.03 |
| 1994 | 1 | 500.00 | 66,581.48 |
| 1994 | 2 | 500.00 | 66,125.24 |
| 1994 | 3 | 500.00 | 64,394.56 |
| 1994 | 4 | 500.00 | 65,580.12 |
| 1994 | 5 | 500.00 | 66,811.16 |
| 1994 | 6 | 500.00 | 66,960.73 |
| 1994 | 7 | 500.00 | 69,538.73 |
| 1994 | 8 | 500.00 | 70,610.12 |
| 1994 | 9 | 500.00 | 70,793.23 |
| 1994 | 10 | 500.00 | 71,028.36 |
| 1994 | 11 | 500.00 | 70,793.50 |
| 1994 | 12 | 500.00 | 73,039.83 |
| 1995 | 1 | 500.00 | 76,347.20 |
| 1995 | 2 | 500.00 | 78,811.94 |
| 1995 | 3 | 500.00 | 81,861.15 |
| 1995 | 4 | 500.00 | 85,117.32 |
| 1995 | 5 | 500.00 | 88,337.54 |
| 1995 | 6 | 500.00 | 91,988.00 |
| 1995 | 7 | 500.00 | 92,961.57 |
| 1995 | 8 | 500.00 | 96,935.15 |
| 1995 | 9 | 500.00 | 98,323.34 |
| 1995 | 10 | 500.00 | 101,153.00 |
| 1995 | 11 | 500.00 | 105,097.20 |
| 1995 | 12 | 500.00 | 105,767.94 |
| 1996 | 1 | 500.00 | 112,541.48 |
| 1996 | 2 | 500.00 | 112,813.71 |
| 1996 | 3 | 500.00 | 113,536.07 |
| 1996 | 4 | 500.00 | 116,720.51 |
| 1996 | 5 | 500.00 | 118,718.39 |
| 1996 | 6 | 500.00 | 115,072.80 |
| 1996 | 7 | 500.00 | 119,126.60 |
| 1996 | 8 | 500.00 | 122,046.60 |
| 1996 | 9 | 500.00 | 127,594.00 |
| 1996 | 10 | 500.00 | 134,564.54 |
| 1996 | 11 | 500.00 | 136,682.08 |
| 1996 | 12 | 500.00 | 141,650.01 |
| 1997 | 1 | 500.00 | 148,348.59 |
| 1997 | 2 | 500.00 | 147,919.46 |
| 1997 | 3 | 500.00 | 143,364.62 |
| 1997 | 4 | 500.00 | 157,124.99 |
| 1997 | 5 | 500.00 | 166,036.41 |
| 1997 | 6 | 500.00 | 176,088.09 |
| 1997 | 7 | 500.00 | 177,201.56 |
| 1997 | 8 | 500.00 | 179,819.09 |
| 1997 | 9 | 500.00 | 183,285.33 |
| 1997 | 10 | 500.00 | 181,667.37 |
| 1997 | 11 | 500.00 | 186,966.10 |
| 1997 | 12 | 500.00 | 187,909.89 |
| 1998 | 1 | 500.00 | 200,471.51 |
| 1998 | 2 | 500.00 | 211,648.24 |
| 1998 | 3 | 500.00 | 219,372.71 |
| 1998 | 4 | 500.00 | 219,384.32 |
| 1998 | 5 | 500.00 | 220,139.79 |
| 1998 | 6 | 500.00 | 230,496.64 |
| 1998 | 7 | 500.00 | 214,893.27 |
| 1998 | 8 | 500.00 | 204,841.72 |
| 1998 | 9 | 500.00 | 207,991.73 |
| 1998 | 10 | 500.00 | 231,371.76 |
| 1998 | 11 | 500.00 | 241,387.43 |
| 1998 | 12 | 500.00 | 254,096.58 |
| 1999 | 1 | 500.00 | 254,426.20 |
| 1999 | 2 | 500.00 | 262,378.44 |
| 1999 | 3 | 500.00 | 274,050.30 |
| 1999 | 4 | 500.00 | 274,278.44 |
| 1999 | 5 | 500.00 | 273,096.93 |
| 1999 | 6 | 500.00 | 285,969.52 |
| 1999 | 7 | 500.00 | 275,656.56 |
| 1999 | 8 | 500.00 | 274,504.57 |
| 1999 | 9 | 500.00 | 271,504.69 |
| 1999 | 10 | 500.00 | 291,332.68 |
| 1999 | 11 | 500.00 | 300,028.97 |
| 1999 | 12 | 500.00 | 300,171.06 |
| 2000 | 1 | 500.00 | 293,219.71 |
| 2000 | 2 | 500.00 | 305,294.56 |
| 2000 | 3 | 500.00 | 310,150.63 |
| 2000 | 4 | 500.00 | 301,831.42 |
| 2000 | 5 | 500.00 | 311,895.12 |
| 2000 | 6 | 500.00 | 315,051.08 |
| 2000 | 7 | 500.00 | 318,515.87 |
| 2000 | 8 | 500.00 | 315,571.16 |
| 2000 | 9 | 500.00 | 299,590.02 |
| 2000 | 10 | 500.00 | 297,771.14 |
| 2000 | 11 | 500.00 | 288,367.82 |
| 2000 | 12 | 500.00 | 290,181.69 |
| 2001 | 1 | 500.00 | 284,471.47 |
| 2001 | 2 | 500.00 | 259,095.83 |
| 2001 | 3 | 500.00 | 260,760.05 |
| 2001 | 4 | 500.00 | 279,232.45 |
| 2001 | 5 | 500.00 | 273,050.09 |
| 2001 | 6 | 500.00 | 266,272.51 |
| 2001 | 7 | 500.00 | 261,314.23 |
| 2001 | 8 | 500.00 | 232,366.58 |
| 2001 | 9 | 500.00 | 240,280.50 |
| 2001 | 10 | 500.00 | 252,946.88 |
| 2001 | 11 | 500.00 | 257,161.95 |
| 2001 | 12 | 500.00 | 256,894.35 |
| 2002 | 1 | 500.00 | 248,763.94 |
| 2002 | 2 | 500.00 | 261,590.12 |
| 2002 | 3 | 500.00 | 252,878.57 |
| 2002 | 4 | 500.00 | 246,231.76 |
| 2002 | 5 | 500.00 | 232,122.26 |
| 2002 | 6 | 500.00 | 207,594.94 |
| 2002 | 7 | 500.00 | 210,463.97 |
| 2002 | 8 | 500.00 | 200,926.14 |
| 2002 | 9 | 500.00 | 198,671.80 |
| 2002 | 10 | 500.00 | 212,367.31 |
| 2002 | 11 | 500.00 | 210,663.27 |
| 2002 | 12 | 500.00 | 210,692.65 |
| 2003 | 1 | 500.00 | 197,644.24 |
| 2003 | 2 | 500.00 | 200,734.96 |
| 2003 | 3 | 500.00 | 211,871.16 |
| 2003 | 4 | 500.00 | 223,652.00 |
| 2003 | 5 | 500.00 | 236,937.33 |
| 2003 | 6 | 500.00 | 238,851.54 |
| 2003 | 7 | 500.00 | 238,952.75 |
| 2003 | 8 | 500.00 | 247,021.60 |
| 2003 | 9 | 500.00 | 252,540.23 |
| 2003 | 10 | 500.00 | 256,102.83 |
| 2003 | 11 | 500.00 | 264,463.97 |
| 2003 | 12 | 500.00 | 278,039.17 |
| 2004 | 1 | 500.00 | 281,565.30 |
| 2004 | 2 | 500.00 | 277,649.78 |
| 2004 | 3 | 500.00 | 280,841.98 |
| 2004 | 4 | 500.00 | 274,126.99 |
| 2004 | 5 | 500.00 | 282,474.24 |
| 2004 | 6 | 500.00 | 276,638.39 |
| 2004 | 7 | 500.00 | 273,292.19 |
| 2004 | 8 | 500.00 | 281,410.08 |
| 2004 | 9 | 500.00 | 282,198.59 |
| 2004 | 10 | 500.00 | 296,193.61 |
| 2004 | 11 | 500.00 | 304,785.08 |
| 2004 | 12 | 500.00 | 301,165.43 |
| 2005 | 1 | 500.00 | 306,736.36 |
| 2005 | 2 | 500.00 | 306,450.40 |
| 2005 | 3 | 500.00 | 299,555.51 |
| 2005 | 4 | 500.00 | 304,063.13 |
| 2005 | 5 | 500.00 | 311,204.00 |
| 2005 | 6 | 500.00 | 317,338.23 |
| 2005 | 7 | 500.00 | 318,822.87 |
| 2005 | 8 | 500.00 | 320,215.26 |
| 2005 | 9 | 500.00 | 312,298.26 |
| 2005 | 10 | 500.00 | 325,189.13 |
| 2005 | 11 | 500.00 | 332,671.60 |
| 2005 | 12 | 500.00 | 338,057.72 |
| 2006 | 1 | 500.00 | 338,500.66 |
| 2006 | 2 | 500.00 | 344,037.94 |
| 2006 | 3 | 500.00 | 347,287.76 |
| 2006 | 4 | 500.00 | 345,051.20 |
| 2006 | 5 | 500.00 | 336,200.55 |
| 2006 | 6 | 500.00 | 339,124.15 |
| 2006 | 7 | 500.00 | 347,406.74 |
| 2006 | 8 | 500.00 | 356,712.09 |
| 2006 | 9 | 500.00 | 370,127.81 |
| 2006 | 10 | 500.00 | 378,045.71 |
| 2006 | 11 | 500.00 | 386,677.13 |
| 2006 | 12 | 500.00 | 389,858.87 |
| 2007 | 1 | 500.00 | 396,588.45 |
| 2007 | 2 | 500.00 | 387,264.18 |
| 2007 | 3 | 500.00 | 403,972.98 |
| 2007 | 4 | 500.00 | 418,190.97 |
| 2007 | 5 | 500.00 | 420,134.33 |
| 2007 | 6 | 500.00 | 423,050.65 |
| 2007 | 7 | 500.00 | 405,756.11 |
| 2007 | 8 | 500.00 | 418,746.68 |
| 2007 | 9 | 500.00 | 431,788.25 |
| 2007 | 10 | 500.00 | 411,510.40 |
| 2007 | 11 | 500.00 | 417,111.21 |
| 2007 | 12 | 500.00 | 389,901.11 |
| 2008 | 1 | 500.00 | 384,294.52 |
| 2008 | 2 | 500.00 | 374,686.51 |
| 2008 | 3 | 500.00 | 391,107.79 |
| 2008 | 4 | 500.00 | 401,642.28 |
| 2008 | 5 | 500.00 | 385,064.13 |
| 2008 | 6 | 500.00 | 362,126.83 |
| 2008 | 7 | 500.00 | 370,279.24 |
| 2008 | 8 | 500.00 | 352,804.65 |
| 2008 | 9 | 500.00 | 281,958.79 |
| 2008 | 10 | 500.00 | 258,150.99 |
| 2008 | 11 | 500.00 | 257,741.22 |
| 2008 | 12 | 500.00 | 255,410.69 |
| 2009 | 1 | 500.00 | 238,756.91 |
| 2009 | 2 | 500.00 | 225,647.90 |
| 2009 | 3 | 500.00 | 254,011.78 |
| 2009 | 4 | 500.00 | 271,460.49 |
| 2009 | 5 | 500.00 | 279,761.46 |
| 2009 | 6 | 500.00 | 283,841.04 |
| 2009 | 7 | 500.00 | 307,430.54 |
| 2009 | 8 | 500.00 | 319,170.05 |
| 2009 | 9 | 500.00 | 327,351.12 |
| 2009 | 10 | 500.00 | 334,716.47 |
| 2009 | 11 | 500.00 | 342,677.04 |
| 2009 | 12 | 500.00 | 347,833.00 |
| 2010 | 1 | 500.00 | 338,235.83 |
| 2010 | 2 | 500.00 | 358,866.18 |
| 2010 | 3 | 500.00 | 374,056.03 |
| 2010 | 4 | 500.00 | 352,522.39 |
| 2010 | 5 | 500.00 | 340,512.00 |
| 2010 | 6 | 500.00 | 340,468.70 |
| 2010 | 7 | 500.00 | 343,912.49 |
| 2010 | 8 | 500.00 | 356,022.31 |
| 2010 | 9 | 500.00 | 372,841.07 |
| 2010 | 10 | 500.00 | 382,639.87 |
| 2010 | 11 | 500.00 | 397,367.89 |
| 2010 | 12 | 500.00 | 411,642.08 |
| 2011 | 1 | 500.00 | 425,127.37 |
| 2011 | 2 | 500.00 | 420,891.70 |
| 2011 | 3 | 500.00 | 430,749.99 |
| 2011 | 4 | 500.00 | 434,092.20 |
| 2011 | 5 | 500.00 | 418,674.08 |
| 2011 | 6 | 500.00 | 432,174.96 |
| 2011 | 7 | 500.00 | 387,673.19 |
| 2011 | 8 | 500.00 | 385,108.68 |
| 2011 | 9 | 500.00 | 397,248.95 |
| 2011 | 10 | 500.00 | 404,776.78 |
| 2011 | 11 | 500.00 | 411,576.94 |
| 2011 | 12 | 500.00 | 431,783.87 |
| 2012 | 1 | 500.00 | 450,277.30 |
| 2012 | 2 | 500.00 | 463,776.15 |
| 2012 | 3 | 500.00 | 464,097.93 |
| 2012 | 4 | 500.00 | 450,236.60 |
| 2012 | 5 | 500.00 | 445,541.39 |
| 2012 | 6 | 500.00 | 459,069.75 |
| 2012 | 7 | 500.00 | 475,137.72 |
| 2012 | 8 | 500.00 | 490,006.66 |
| 2012 | 9 | 500.00 | 489,440.75 |
| 2012 | 10 | 500.00 | 476,037.83 |
| 2012 | 11 | 500.00 | 486,904.16 |
| 2012 | 12 | 500.00 | 508,209.37 |
| 2013 | 1 | 500.00 | 520,576.78 |
| 2013 | 2 | 500.00 | 535,261.98 |
| 2013 | 3 | 500.00 | 543,549.98 |
| 2013 | 4 | 500.00 | 568,935.43 |
| 2013 | 5 | 500.00 | 563,069.59 |
| 2013 | 6 | 500.00 | 581,909.98 |
| 2013 | 7 | 500.00 | 583,879.89 |
| 2013 | 8 | 500.00 | 591,347.58 |
| 2013 | 9 | 500.00 | 604,379.40 |
| 2013 | 10 | 500.00 | 628,226.87 |
| 2013 | 11 | 500.00 | 638,293.15 |
| 2013 | 12 | 500.00 | 644,974.63 |
| 2014 | 1 | 500.00 | 644,634.47 |
| 2014 | 2 | 500.00 | 662,695.95 |
| 2014 | 3 | 500.00 | 664,532.96 |
| 2014 | 4 | 500.00 | 675,220.68 |
| 2014 | 5 | 500.00 | 697,318.05 |
| 2014 | 6 | 500.00 | 708,255.36 |
| 2014 | 7 | 500.00 | 705,728.53 |
| 2014 | 8 | 500.00 | 718,784.70 |
| 2014 | 9 | 500.00 | 700,247.43 |
| 2014 | 10 | 500.00 | 740,728.80 |
| 2014 | 11 | 500.00 | 745,926.56 |
| 2014 | 12 | 500.00 | 738,140.09 |
| 2015 | 1 | 500.00 | 759,523.56 |
| 2015 | 2 | 500.00 | 760,443.53 |
| 2015 | 3 | 500.00 | 767,626.92 |
| 2015 | 4 | 500.00 | 775,645.32 |
| 2015 | 5 | 500.00 | 772,764.39 |
| 2015 | 6 | 500.00 | 772,647.81 |
| 2015 | 7 | 500.00 | 754,402.80 |
| 2015 | 8 | 500.00 | 720,877.75 |
| 2015 | 9 | 500.00 | 752,519.57 |
| 2015 | 10 | 500.00 | 775,100.77 |
| 2015 | 11 | 500.00 | 767,045.26 |
| 2015 | 12 | 500.00 | 718,270.88 |
| 2016 | 1 | 500.00 | 714,817.35 |
| 2016 | 2 | 500.00 | 760,830.08 |
| 2016 | 3 | 500.00 | 782,884.41 |
| 2016 | 4 | 500.00 | 780,999.18 |
| 2016 | 5 | 500.00 | 789,832.90 |
| 2016 | 6 | 500.00 | 816,392.76 |
| 2016 | 7 | 500.00 | 826,688.53 |
| 2016 | 8 | 500.00 | 823,559.03 |
| 2016 | 9 | 500.00 | 819,888.58 |
| 2016 | 10 | 500.00 | 830,241.89 |
| 2016 | 11 | 500.00 | 863,521.79 |
| 2016 | 12 | 500.00 | 876,442.42 |
| 2017 | 1 | 500.00 | 899,535.52 |
| 2017 | 2 | 500.00 | 915,778.62 |
| 2017 | 3 | 500.00 | 914,866.70 |
| 2017 | 4 | 500.00 | 930,857.30 |
| 2017 | 5 | 500.00 | 947,901.37 |
| 2017 | 6 | 500.00 | 957,769.67 |
| 2017 | 7 | 500.00 | 960,643.51 |
| 2017 | 8 | 500.00 | 977,032.93 |
| 2017 | 9 | 500.00 | 1,004,265.68 |
| 2017 | 10 | 500.00 | 1,020,736.34 |
| 2017 | 11 | 500.00 | 1,050,682.76 |
| 2017 | 12 | 500.00 | 1,102,289.44 |
| 2018 | 1 | 500.00 | 1,070,954.63 |
| 2018 | 2 | 500.00 | 1,072,145.79 |
| 2018 | 3 | 500.00 | 1,054,796.49 |
| 2018 | 4 | 500.00 | 1,075,996.62 |
| 2018 | 5 | 500.00 | 1,099,241.89 |
| 2018 | 6 | 500.00 | 1,117,125.20 |
| 2018 | 7 | 500.00 | 1,145,015.25 |
| 2018 | 8 | 500.00 | 1,164,756.26 |
| 2018 | 9 | 500.00 | 1,120,404.95 |
| 2018 | 10 | 500.00 | 1,097,632.96 |
| 2018 | 11 | 500.00 | 1,037,048.37 |
| 2018 | 12 | 500.00 | 1,055,555.56 |
| 2019 | 1 | 500.00 | 1,117,611.15 |
| 2019 | 2 | 500.00 | 1,139,891.37 |
| 2019 | 3 | 500.00 | 1,182,849.83 |
| 2019 | 4 | 500.00 | 1,165,222.62 |
| 2019 | 5 | 500.00 | 1,182,097.28 |
| 2019 | 6 | 500.00 | 1,227,858.54 |
| 2019 | 7 | 500.00 | 1,189,855.91 |
| 2019 | 8 | 500.00 | 1,227,080.28 |
| 2019 | 9 | 500.00 | 1,227,699.82 |
| 2019 | 10 | 500.00 | 1,282,653.61 |
| 2019 | 11 | 500.00 | 1,314,838.00 |
| 2019 | 12 | 500.00 | 1,359,353.68 |
| 2020 | 1 | 500.00 | 1,361,513.00 |
| 2020 | 2 | 500.00 | 1,104,350.59 |
| 2020 | 3 | 500.00 | 1,152,563.89 |
| 2020 | 4 | 500.00 | 1,220,948.08 |
| 2020 | 5 | 500.00 | 1,300,942.39 |
| 2020 | 6 | 500.00 | 1,346,685.38 |
| 2020 | 7 | 500.00 | 1,426,581.05 |
| 2020 | 8 | 500.00 | 1,418,132.49 |
| 2020 | 9 | 500.00 | 1,443,117.37 |
| 2020 | 10 | 500.00 | 1,500,698.97 |
| 2020 | 11 | 500.00 | 1,565,150.57 |
| 2020 | 12 | 500.00 | 1,609,414.54 |
| 2021 | 1 | 500.00 | 1,650,025.38 |
| 2021 | 2 | 500.00 | 1,664,081.48 |
| 2021 | 3 | 500.00 | 1,764,813.41 |
| 2021 | 4 | 500.00 | 1,778,733.30 |
| 2021 | 5 | 500.00 | 1,811,444.36 |
| 2021 | 6 | 500.00 | 1,867,537.90 |
| 2021 | 7 | 500.00 | 1,908,856.99 |
| 2021 | 8 | 500.00 | 1,907,743.06 |
| 2021 | 9 | 500.00 | 1,916,871.12 |
| 2021 | 10 | 500.00 | 2,008,344.92 |
| 2021 | 11 | 500.00 | 2,014,175.93 |
| 2021 | 12 | 500.00 | 1,973,335.19 |
| 2022 | 1 | - | 1,916,057.76 |
| 2022 | 2 | - | 1,898,955.34 |
| 2022 | 3 | - | 1,901,201.84 |
| 2022 | 4 | - | 1,751,525.34 |
| 2022 | 5 | - | 1,692,509.72 |
| 2022 | 6 | - | 1,700,374.56 |
| 2022 | 7 | - | 1,810,004.40 |
| 2022 | 8 | - | 1,678,283.07 |
| 2022 | 9 | - | 1,626,404.40 |
| 2022 | 10 | - | 1,712,361.40 |
| 2022 | 11 | - | 1,712,546.98 |
| 2022 | 12 | - | 1,736,119.44 |
Click to show 414 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 | $264.50 |
| End Value Average monthly close | $4,573.82 |
| Change in price | +1,629.23% +8.48% / yr |
| Change incl. dividends | +3,106.94% +10.11% / yr |
| Change incl. dividends, inflation-adjusted | +1,144.84% +7.26% / yr |
| Final amount, nominal ($210000 base) | $6,734,581.65 |
| Final amount, inflation-adjusted ($210000 base) | $2,614,157.62 |