S&P 500 Returns since 1960 (2024)

Stock market returns since 1960

If you invested $100 in the S&P 500 at the beginning of 1960, you would have about $55,392.03 at the end of 2024, assuming you reinvested all dividends. This is a return on investment of 55,292.03%, or 10.33% per year.

This lump-sum investment beats inflation during this period for an inflation-adjusted return of about 5,149.56% cumulatively, or 6.36% per year.

If you used dollar-cost averaging (monthly) instead of a lump-sum investment, you'd have $51,359.09.

Contents

Overview
Adjusting for inflation
Full monthly data
Dollar cost average

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

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Adjusting stock market return for inflation

The nominal return on investment of $100 is $55,292.03, or 55,292.03%. This means by 2024 you would have $55,392.03 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 1960 was 29.600 and the CPI in 2024 was 312.332.

The ratio between these CPIs describes how relative buying power of a dollar has changed over 64 years.

Adjusted for inflation, the $55,392.03 nominal end value of the original $100 investment would have a real return of roughly $5,149.56 in 1960 dollars. This means the inflation-adjusted return is 5,149.56% as opposed to the original 55,292.03%.

Full monthly data

The table below shows the full dataset pertaining to a $100 investment, including gains and losses over the 771-month period between 1960 and 2024.

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

Year	Month	Return (%)	Amount ($)	CPI
1960	1	-3.61%	96.39	29.30
1960	2	-1.08%	95.35	29.40
1960	3	1.58%	96.86	29.40
1960	4	-0.62%	96.26	29.50
1960	5	3.99%	100.10	29.50
1960	6	-2.20%	97.90	29.60
1960	7	1.49%	99.36	29.60
1960	8	-2.72%	96.65	29.60
1960	9	-1.67%	95.04	29.60
1960	10	3.54%	98.40	29.80
1960	11	2.69%	101.05	29.80
1960	12	5.43%	106.53	29.80
1961	1	4.37%	111.19	29.80
1961	2	3.40%	114.97	29.80
1961	3	2.92%	118.33	29.80
1961	4	1.26%	119.82	29.80
1961	5	-1.08%	118.53	29.80
1961	6	-0.03%	118.49	29.80
1961	7	3.84%	123.04	30.00
1961	8	-0.54%	122.38	29.90
1961	9	1.34%	124.02	30.00
1961	10	4.77%	129.94	30.00
1961	11	1.16%	131.45	30.00
1961	12	-3.49%	126.86	30.00
1962	1	1.91%	129.29	30.00
1962	2	0.34%	129.73	30.10
1962	3	-2.94%	125.91	30.10
1962	4	-7.19%	116.86	30.20
1962	5	-11.41%	103.52	30.20
1962	6	2.72%	106.34	30.20
1962	7	3.02%	109.55	30.30
1962	8	-0.59%	108.90	30.30
1962	9	-2.86%	105.79	30.40
1962	10	7.20%	113.41	30.40
1962	11	4.62%	118.65	30.40
1962	12	4.15%	123.57	30.40
1963	1	1.60%	125.54	30.40
1963	2	-0.11%	125.41	30.40
1963	3	4.98%	131.65	30.50
1963	4	2.27%	134.64	30.50
1963	5	0.22%	134.93	30.50
1963	6	-1.22%	133.28	30.60
1963	7	3.03%	137.32	30.70
1963	8	2.89%	141.30	30.70
1963	9	0.50%	142.00	30.70
1963	10	-0.31%	141.57	30.80
1963	11	2.39%	144.96	30.80
1963	12	3.33%	149.78	30.90
1964	1	1.48%	152.00	30.90
1964	2	2.07%	155.15	30.90
1964	3	1.69%	157.77	30.90
1964	4	1.22%	159.70	30.90
1964	5	-0.35%	159.14	30.90
1964	6	3.96%	165.44	31.00
1964	7	-1.23%	163.42	31.10
1964	8	1.97%	166.63	31.00
1964	9	1.97%	169.91	31.10
1964	10	0.94%	171.50	31.10
1964	11	-1.49%	168.95	31.20
1964	12	2.82%	173.71	31.20
1965	1	0.98%	175.41	31.20
1965	2	0.34%	175.99	31.20
1965	3	1.56%	178.74	31.30
1965	4	1.73%	181.83	31.40
1965	5	-4.51%	173.64	31.40
1965	6	0.10%	173.82	31.60
1965	7	2.12%	177.50	31.60
1965	8	3.60%	183.88	31.60
1965	9	2.50%	188.47	31.60
1965	10	1.08%	190.50	31.70
1965	11	-0.21%	190.10	31.70
1965	12	1.98%	193.86	31.80
1966	1	-0.43%	193.03	31.80
1966	2	-3.86%	185.57	32.00
1966	3	3.32%	191.73	32.10
1966	4	-5.01%	182.13	32.30
1966	5	-0.56%	181.11	32.30
1966	6	0.02%	181.15	32.40
1966	7	-5.77%	170.70	32.50
1966	8	-3.22%	165.19	32.70
1966	9	-0.56%	164.26	32.70
1966	10	5.32%	172.99	32.90
1966	11	0.72%	174.23	32.90
1966	12	4.13%	181.43	32.90
1967	1	3.73%	188.19	32.90
1967	2	2.63%	193.15	32.90
1967	3	1.99%	197.00	33.00
1967	4	2.06%	201.05	33.10
1967	5	-0.99%	199.06	33.20
1967	6	1.99%	203.02	33.30
1967	7	1.85%	206.78	33.40
1967	8	1.65%	210.20	33.50
1967	9	0.10%	210.41	33.60
1967	10	-2.88%	204.34	33.70
1967	11	3.11%	210.70	33.80
1967	12	-0.02%	210.67	33.90
1968	1	-4.26%	201.70	34.10
1968	2	-1.56%	198.55	34.20
1968	3	7.66%	213.77	34.30
1968	4	2.56%	219.23	34.40
1968	5	2.94%	225.68	34.50
1968	6	0.05%	225.79	34.70
1968	7	-1.93%	221.42	34.90
1968	8	3.51%	229.19	35.00
1968	9	2.72%	235.42	35.10
1968	10	1.79%	239.62	35.30
1968	11	1.29%	242.70	35.40
1968	12	-3.99%	233.03	35.50
1969	1	-0.24%	232.47	35.60
1969	2	-1.91%	228.02	35.80
1969	3	2.27%	233.21	36.10
1969	4	3.51%	241.40	36.30
1969	5	-4.97%	229.40	36.40
1969	6	-4.21%	219.76	36.60
1969	7	-0.28%	219.13	36.80
1969	8	0.63%	220.51	37.00
1969	9	1.35%	223.48	37.10
1969	10	1.00%	225.71	37.30
1969	11	-5.03%	214.36	37.50
1969	12	-0.59%	213.10	37.70
1970	1	-3.20%	206.29	37.80
1970	2	2.01%	210.44	38.00
1970	3	-2.75%	204.66	38.20
1970	4	-11.20%	181.74	38.50
1970	5	-0.27%	181.25	38.60
1970	6	0.52%	182.19	38.80
1970	7	3.26%	188.13	39.00
1970	8	6.32%	200.02	39.00
1970	9	2.49%	205.00	39.20
1970	10	0.21%	205.42	39.40
1970	11	7.16%	220.13	39.60
1970	12	4.11%	229.17	39.80
1971	1	4.15%	238.69	39.80
1971	2	2.83%	245.45	39.90
1971	3	3.67%	254.46	40.00
1971	4	-1.11%	251.64	40.10
1971	5	-1.60%	247.63	40.30
1971	6	-0.46%	246.48	40.60
1971	7	-1.52%	242.74	40.70
1971	8	2.49%	248.78	40.80
1971	9	-1.86%	244.14	40.80
1971	10	-4.37%	233.47	40.90
1971	11	7.16%	250.19	40.90
1971	12	4.42%	261.26	41.10
1972	1	2.09%	266.71	41.10
1972	2	2.62%	273.70	41.30
1972	3	1.26%	277.14	41.40
1972	4	-0.78%	274.99	41.50
1972	5	0.52%	276.41	41.60
1972	6	-0.50%	275.02	41.70
1972	7	3.78%	285.43	41.90
1972	8	-1.21%	281.97	42.00
1972	9	0.42%	283.15	42.10
1972	10	5.25%	298.03	42.30
1972	11	2.31%	304.91	42.40
1972	12	0.99%	307.93	42.50
1973	1	-3.33%	297.69	42.60
1973	2	-1.35%	293.69	42.90
1973	3	-1.63%	288.89	43.30
1973	4	-2.57%	281.47	43.60
1973	5	-1.99%	275.87	43.90
1973	6	1.21%	279.20	44.20
1973	7	-1.64%	274.64	44.30
1973	8	2.00%	280.12	45.10
1973	9	4.24%	291.98	45.20
1973	10	-6.85%	271.97	45.60
1973	11	-6.81%	253.46	45.90
1973	12	1.70%	257.77	46.20
1974	1	-2.47%	251.40	46.60
1974	2	4.57%	262.90	47.20
1974	3	-4.82%	250.24	47.80
1974	4	-2.71%	243.47	48.00
1974	5	0.46%	244.58	48.60
1974	6	-11.35%	216.83	49.00
1974	7	-3.76%	208.66	49.40
1974	8	-10.01%	187.77	50.00
1974	9	2.38%	192.23	50.60
1974	10	3.74%	199.43	51.10
1974	11	-6.09%	187.28	51.50
1974	12	8.63%	203.45	51.90
1975	1	10.81%	225.44	52.10
1975	2	4.97%	236.65	52.50
1975	3	1.49%	240.17	52.70
1975	4	6.71%	256.29	52.90
1975	5	2.89%	263.71	53.20
1975	6	0.43%	264.85	53.60
1975	7	-7.00%	246.32	54.20
1975	8	-0.85%	244.22	54.30
1975	9	4.97%	256.36	54.60
1975	10	2.04%	261.59	54.90
1975	11	-1.18%	258.51	55.30
1975	12	9.55%	283.18	55.50
1976	1	4.18%	295.01	55.60
1976	2	0.80%	297.38	55.80
1976	3	1.10%	300.64	55.90
1976	4	-0.38%	299.48	56.10
1976	5	0.90%	302.18	56.50
1976	6	2.67%	310.24	56.80
1976	7	-0.56%	308.50	57.10
1976	8	2.44%	316.02	57.40
1976	9	-3.11%	306.20	57.60
1976	10	-0.37%	305.07	57.90
1976	11	3.79%	316.62	58.00
1976	12	-0.54%	314.92	58.20
1977	1	-2.37%	307.46	58.50
1977	2	-0.05%	307.30	59.10
1977	3	-1.19%	303.63	59.50
1977	4	0.06%	303.83	60.00
1977	5	0.90%	306.56	60.30
1977	6	1.28%	310.49	60.70
1977	7	-2.08%	304.04	61.00
1977	8	-1.18%	300.46	61.20
1977	9	-2.20%	293.86	61.40
1977	10	0.98%	296.74	61.60
1977	11	-0.08%	296.50	61.90
1977	12	-3.39%	286.45	62.10
1978	1	-0.97%	283.67	62.50
1978	2	0.27%	284.42	62.90
1978	3	4.83%	298.16	63.40
1978	4	5.50%	314.57	63.90
1978	5	0.67%	316.69	64.50
1978	6	-0.06%	316.49	65.20
1978	7	7.33%	339.68	65.70
1978	8	0.40%	341.04	66.00
1978	9	-2.77%	331.58	66.50
1978	10	-5.44%	313.55	67.10
1978	11	1.92%	319.58	67.40
1978	12	4.19%	332.96	67.70
1979	1	-1.06%	329.44	68.30
1979	2	2.34%	337.15	69.10
1979	3	2.43%	345.35	69.80
1979	4	-1.89%	338.81	70.60
1979	5	2.42%	347.00	71.50
1979	6	1.42%	351.93	72.30
1979	7	5.01%	369.58	73.10
1979	8	1.54%	375.27	73.80
1979	9	-3.35%	362.69	74.60
1979	10	-0.32%	361.52	75.20
1979	11	4.40%	377.44	75.90
1979	12	3.31%	389.95	76.70
1980	1	4.40%	407.09	77.80
1980	2	-8.78%	371.35	78.90
1980	3	-1.16%	367.04	80.10
1980	4	5.04%	385.52	81.00
1980	5	6.86%	411.98	81.80
1980	6	4.97%	432.45	82.70
1980	7	3.50%	447.61	82.70
1980	8	2.84%	460.30	83.30
1980	9	3.32%	475.61	84.00
1980	10	4.61%	497.55	84.80
1980	11	-1.24%	491.36	85.50
1980	12	0.01%	491.41	86.30
1981	1	-3.07%	476.32	87.00
1981	2	4.14%	496.06	87.90
1981	3	1.29%	502.48	88.50
1981	4	-1.62%	494.35	89.10
1981	5	0.86%	498.59	89.80
1981	6	-2.02%	488.54	90.60
1981	7	0.80%	492.46	91.60
1981	8	-8.30%	451.57	92.30
1981	9	1.73%	459.37	93.20
1981	10	3.04%	473.35	93.40
1981	11	1.18%	478.93	93.70
1981	12	-4.80%	455.93	94.00
1982	1	-1.91%	447.20	94.30
1982	2	-2.74%	434.93	94.60
1982	3	5.47%	458.71	94.50
1982	4	0.57%	461.33	94.90
1982	5	-5.27%	437.01	95.80
1982	6	0.24%	438.08	97.00
1982	7	0.79%	441.56	97.50
1982	8	12.10%	494.97	97.70
1982	9	8.88%	538.93	97.90
1982	10	4.50%	563.18	98.20
1982	11	1.36%	570.81	98.00
1982	12	3.93%	593.22	97.60
1983	1	2.13%	605.86	97.80
1983	2	3.87%	629.28	97.90
1983	3	4.20%	655.69	97.90
1983	4	4.42%	684.70	98.60
1983	5	1.75%	696.70	99.20
1983	6	0.71%	701.64	99.50
1983	7	-2.41%	684.75	99.90
1983	8	3.31%	707.44	100.20
1983	9	0.65%	712.02	100.70
1983	10	-1.14%	703.90	101.00
1983	11	-0.13%	702.99	101.20
1983	12	1.58%	714.07	101.30
1984	1	-5.11%	677.57	101.90
1984	2	0.44%	680.57	102.40
1984	3	0.51%	684.02	102.60
1984	4	-0.25%	682.29	103.10
1984	5	-1.85%	669.68	103.40
1984	6	-0.91%	663.60	103.70
1984	7	9.21%	724.69	104.10
1984	8	1.41%	734.89	104.50
1984	9	-0.41%	731.86	105.00
1984	10	1.29%	741.27	105.30
1984	11	-0.71%	736.02	105.30
1984	12	4.70%	770.60	105.30
1985	1	5.79%	815.19	105.50
1985	2	-0.48%	811.29	106.00
1985	3	1.02%	819.61	106.40
1985	4	2.74%	842.03	106.90
1985	5	2.51%	863.17	107.30
1985	6	2.25%	882.57	107.60
1985	7	-1.85%	866.28	107.80
1985	8	-1.88%	849.95	108.00
1985	9	1.50%	862.67	108.30
1985	10	6.42%	918.05	108.70
1985	11	5.29%	966.66	109.00
1985	12	0.75%	973.93	109.30
1986	1	5.70%	1,029.41	109.60
1986	2	6.18%	1,093.06	109.30
1986	3	2.74%	1,123.03	108.80
1986	4	0.49%	1,128.55	108.60
1986	5	3.13%	1,163.91	108.90
1986	6	-1.80%	1,142.91	109.50
1986	7	2.28%	1,168.98	109.50
1986	8	-2.46%	1,140.27	109.70
1986	9	-0.09%	1,139.24	110.20
1986	10	3.53%	1,179.49	110.30
1986	11	1.71%	1,199.65	110.40
1986	12	6.67%	1,279.71	110.50
1987	1	6.46%	1,362.40	111.20
1987	2	4.38%	1,422.02	111.60
1987	3	-0.86%	1,409.85	112.10
1987	4	0.17%	1,412.28	112.70
1987	5	4.50%	1,475.81	113.10
1987	6	3.12%	1,521.89	113.50
1987	7	6.45%	1,620.11	113.80
1987	8	-3.03%	1,571.02	114.40
1987	9	-11.85%	1,384.79	115.00
1987	10	-12.30%	1,214.41	115.30
1987	11	-1.33%	1,198.20	115.40
1987	12	4.25%	1,249.09	115.40
1988	1	3.33%	1,290.66	115.70
1988	2	3.23%	1,332.38	116.00
1988	3	-0.89%	1,320.57	116.50
1988	4	-2.19%	1,291.68	117.10
1988	5	6.00%	1,369.15	117.50
1988	6	-0.31%	1,364.95	118.00
1988	7	-1.72%	1,341.49	118.50
1988	8	1.93%	1,367.35	119.00
1988	9	3.80%	1,419.33	119.80
1988	10	-2.02%	1,390.65	120.20
1988	11	2.33%	1,423.00	120.30
1988	12	3.51%	1,472.99	120.50
1989	1	3.30%	1,521.59	121.10
1989	2	-0.16%	1,519.13	121.60
1989	3	3.56%	1,573.29	122.30
1989	4	4.12%	1,638.03	123.10
1989	5	3.39%	1,693.60	123.80
1989	6	2.80%	1,741.03	124.10
1989	7	4.69%	1,822.69	124.40
1989	8	0.46%	1,831.00	124.60
1989	9	0.29%	1,836.24	125.00
1989	10	-1.81%	1,802.94	125.60
1989	11	2.74%	1,852.28	125.90
1989	12	-2.21%	1,811.32	126.10
1990	1	-2.53%	1,765.55	127.40
1990	2	2.71%	1,813.34	128.00
1990	3	0.20%	1,816.90	128.70
1990	4	3.85%	1,886.86	128.90
1990	5	3.17%	1,946.68	129.20
1990	6	0.17%	1,949.98	129.90
1990	7	-7.86%	1,796.69	130.40
1990	8	-4.34%	1,718.69	131.60
1990	9	-2.32%	1,678.89	132.70
1990	10	2.98%	1,728.99	133.50
1990	11	4.59%	1,808.29	133.80
1990	12	-0.69%	1,795.90	133.80
1991	1	11.61%	2,004.34	134.60
1991	2	3.04%	2,065.37	134.80
1991	3	2.26%	2,112.02	135.00
1991	4	-0.18%	2,108.24	135.20
1991	5	0.35%	2,115.56	135.60
1991	6	0.78%	2,132.07	136.00
1991	7	2.68%	2,189.19	136.20
1991	8	-0.30%	2,182.55	136.60
1991	9	0.18%	2,186.52	137.20
1991	10	0.02%	2,186.86	137.40
1991	11	0.94%	2,207.31	137.80
1991	12	7.36%	2,369.73	137.90
1992	1	-0.60%	2,355.49	138.10
1992	2	-1.01%	2,331.64	138.60
1992	3	0.26%	2,337.80	139.30
1992	4	2.07%	2,386.16	139.50
1992	5	-1.33%	2,354.44	139.70
1992	6	1.91%	2,399.46	140.20
1992	7	0.94%	2,422.06	140.50
1992	8	0.38%	2,431.22	140.90
1992	9	-1.18%	2,402.48	141.30
1992	10	2.76%	2,468.72	141.80
1992	11	3.27%	2,549.47	142.00
1992	12	0.14%	2,553.12	141.90
1993	1	1.72%	2,597.14	142.60
1993	2	2.15%	2,652.98	143.10
1993	3	-1.34%	2,617.38	143.60
1993	4	0.72%	2,636.35	144.00
1993	5	0.87%	2,659.16	144.20
1993	6	0.06%	2,660.78	144.40
1993	7	1.76%	2,707.68	144.40
1993	8	1.35%	2,744.37	144.80
1993	9	1.24%	2,778.45	145.10
1993	10	0.01%	2,778.66	145.70
1993	11	0.89%	2,803.31	145.80
1993	12	1.74%	2,851.97	145.80
1994	1	-0.08%	2,849.81	146.20
1994	2	-1.42%	2,809.24	146.70
1994	3	-3.35%	2,715.23	147.20
1994	4	1.06%	2,743.96	147.40
1994	5	1.11%	2,774.37	147.50
1994	6	-0.52%	2,759.97	148.00
1994	7	3.08%	2,845.04	148.40
1994	8	0.82%	2,868.30	149.00
1994	9	-0.44%	2,855.56	149.40
1994	10	-0.37%	2,845.00	149.50
1994	11	-1.03%	2,815.82	149.70
1994	12	2.45%	2,884.84	149.70
1995	1	3.82%	2,995.01	150.30
1995	2	2.56%	3,071.63	150.90
1995	3	3.22%	3,170.40	151.40
1995	4	3.35%	3,276.54	151.90
1995	5	3.18%	3,380.68	152.20
1995	6	3.55%	3,500.61	152.50
1995	7	0.51%	3,518.57	152.50
1995	8	3.72%	3,649.38	152.90
1995	9	0.91%	3,682.68	153.20
1995	10	2.36%	3,769.53	153.70
1995	11	3.39%	3,897.29	153.60
1995	12	0.16%	3,903.63	153.50
1996	1	5.90%	4,134.11	154.40
1996	2	-0.20%	4,125.81	154.90
1996	3	0.20%	4,133.94	155.70
1996	4	2.35%	4,231.29	156.30
1996	5	1.28%	4,285.39	156.60
1996	6	-3.48%	4,136.41	156.70
1996	7	3.08%	4,263.63	157.00
1996	8	2.02%	4,349.92	157.30
1996	9	4.12%	4,529.11	157.80
1996	10	5.05%	4,757.93	158.30
1996	11	1.20%	4,814.94	158.60
1996	12	3.26%	4,971.79	158.60
1997	1	4.36%	5,188.61	159.10
1997	2	-0.62%	5,156.25	159.60
1997	3	-3.41%	4,980.67	160.00
1997	4	9.22%	5,439.78	160.20
1997	5	5.34%	5,730.09	160.10
1997	6	5.74%	6,058.76	160.30
1997	7	0.35%	6,079.84	160.50
1997	8	1.19%	6,152.31	160.80
1997	9	1.65%	6,253.54	161.20
1997	10	-1.15%	6,181.49	161.60
1997	11	2.63%	6,344.35	161.50
1997	12	0.24%	6,359.39	161.30
1998	1	6.40%	6,766.53	161.60
1998	2	5.31%	7,126.03	161.90
1998	3	3.41%	7,368.72	162.20
1998	4	-0.22%	7,352.37	162.50
1998	5	0.12%	7,360.93	162.80
1998	6	4.47%	7,689.80	163.00
1998	7	-6.97%	7,153.74	163.20
1998	8	-4.90%	6,803.32	163.40
1998	9	1.29%	6,891.14	163.60
1998	10	10.97%	7,647.40	164.00
1998	11	4.10%	7,961.25	164.00
1998	12	5.05%	8,363.11	163.90
1999	1	-0.07%	8,357.54	164.30
1999	2	2.92%	8,601.87	164.50
1999	3	4.25%	8,967.45	165.00
1999	4	-0.10%	8,958.59	166.20
1999	5	-0.61%	8,903.78	166.20
1999	6	4.52%	9,306.44	166.20
1999	7	-3.77%	8,955.18	166.70
1999	8	-0.60%	8,901.63	167.10
1999	9	-1.27%	8,788.36	167.90
1999	10	7.11%	9,412.86	168.20
1999	11	2.81%	9,677.24	168.30
1999	12	-0.12%	9,665.73	168.30
2000	1	-2.48%	9,426.20	168.80
2000	2	3.94%	9,797.69	169.80
2000	3	1.42%	9,937.27	171.20
2000	4	-2.84%	9,655.17	171.30
2000	5	3.16%	9,960.61	171.50
2000	6	0.85%	10,045.31	172.40
2000	7	0.94%	10,139.71	172.80
2000	8	-1.08%	10,030.23	172.80
2000	9	-5.21%	9,507.23	173.70
2000	10	-0.77%	9,433.79	174.00
2000	11	-3.32%	9,120.58	174.10
2000	12	0.46%	9,162.08	174.00
2001	1	-2.14%	8,966.35	175.10
2001	2	-9.08%	8,152.21	175.80
2001	3	0.45%	8,188.79	176.20
2001	4	6.88%	8,752.13	176.90
2001	5	-2.39%	8,543.07	177.70
2001	6	-2.66%	8,315.80	178.00
2001	7	-2.05%	8,145.68	177.50
2001	8	-11.25%	7,229.51	177.50
2001	9	3.18%	7,459.70	178.30
2001	10	5.05%	7,836.64	177.70
2001	11	1.47%	7,951.53	177.40
2001	12	-0.30%	7,927.86	176.70
2002	1	-3.35%	7,662.06	177.10
2002	2	4.95%	8,040.97	177.80
2002	3	-3.51%	7,758.38	178.80
2002	4	-2.82%	7,539.56	179.80
2002	5	-5.92%	7,093.15	179.80
2002	6	-10.76%	6,330.03	179.90
2002	7	1.14%	6,402.12	180.10
2002	8	-4.76%	6,097.52	180.70
2002	9	-1.37%	6,014.16	181.00
2002	10	6.63%	6,412.64	181.30
2002	11	-1.04%	6,346.26	181.30
2002	12	-0.22%	6,332.14	180.90
2003	1	-6.41%	5,925.95	181.70
2003	2	1.31%	6,003.45	183.10
2003	3	5.29%	6,320.78	184.20
2003	4	5.31%	6,656.56	183.80
2003	5	5.70%	7,036.26	183.50
2003	6	0.60%	7,078.19	183.70
2003	7	-0.17%	7,066.42	183.90
2003	8	3.16%	7,289.80	184.60
2003	9	2.03%	7,437.62	185.20
2003	10	1.21%	7,527.66	185.00
2003	11	3.06%	7,758.30	184.50
2003	12	4.93%	8,141.16	184.30
2004	1	1.09%	8,229.63	185.20
2004	2	-1.57%	8,100.82	186.20
2004	3	0.97%	8,179.25	187.40
2004	4	-2.56%	7,969.51	188.00
2004	5	2.86%	8,197.25	189.10
2004	6	-2.24%	8,013.74	189.70
2004	7	-1.39%	7,902.54	189.40
2004	8	2.78%	8,122.44	189.50
2004	9	0.10%	8,130.77	189.90
2004	10	4.77%	8,518.93	190.90
2004	11	2.73%	8,751.28	191.00
2004	12	-1.35%	8,633.20	190.30
2005	1	1.68%	8,778.34	190.70
2005	2	-0.26%	8,755.91	191.80
2005	3	-2.41%	8,544.98	193.30
2005	4	1.34%	8,659.13	194.60
2005	5	2.18%	8,847.96	194.40
2005	6	1.81%	9,007.92	194.50
2005	7	0.31%	9,035.84	195.40
2005	8	0.28%	9,061.11	196.40
2005	9	-2.62%	8,823.33	198.80
2005	10	3.96%	9,172.87	199.20
2005	11	2.14%	9,369.55	197.60
2005	12	1.47%	9,506.98	196.80
2006	1	-0.02%	9,505.40	198.30
2006	2	1.49%	9,646.66	198.70
2006	3	0.80%	9,723.67	199.80
2006	4	-0.79%	9,647.18	201.50
2006	5	-2.71%	9,386.15	202.50
2006	6	0.72%	9,453.73	202.90
2006	7	2.29%	9,670.39	203.50
2006	8	2.53%	9,915.17	203.90
2006	9	3.62%	10,273.69	202.90
2006	10	2.00%	10,479.33	201.80
2006	11	2.15%	10,704.46	201.50
2006	12	0.69%	10,778.62	201.80
2007	1	1.60%	10,950.65	202.42
2007	2	-2.47%	10,679.74	203.50
2007	3	4.18%	11,126.18	205.35
2007	4	3.39%	11,503.56	206.69
2007	5	0.34%	11,543.23	207.95
2007	6	0.57%	11,609.56	208.35
2007	7	-4.20%	11,121.83	208.30
2007	8	3.07%	11,463.80	207.92
2007	9	2.99%	11,806.76	208.49
2007	10	-4.81%	11,239.29	208.94
2007	11	1.24%	11,378.45	210.18
2007	12	-6.64%	10,623.47	210.04
2008	1	-1.56%	10,457.32	211.08
2008	2	-2.63%	10,182.65	211.69
2008	3	4.24%	10,614.78	213.53
2008	4	2.56%	10,886.79	214.82
2008	5	-4.25%	10,424.48	216.63
2008	6	-6.08%	9,790.83	218.82
2008	7	2.11%	9,997.47	219.96
2008	8	-4.85%	9,512.84	219.09
2008	9	-20.19%	7,591.85	218.78
2008	10	-8.61%	6,938.55	216.57
2008	11	-0.35%	6,914.18	212.43
2008	12	-1.10%	6,838.43	210.23
2009	1	-6.70%	6,380.08	211.14
2009	2	-5.69%	6,017.22	212.19
2009	3	12.32%	6,758.65	212.71
2009	4	6.66%	7,208.76	213.24
2009	5	2.87%	7,415.57	213.86
2009	6	1.28%	7,510.31	215.69
2009	7	8.12%	8,120.21	215.35
2009	8	3.65%	8,416.62	215.83
2009	9	2.40%	8,618.88	215.97
2009	10	2.09%	8,799.39	216.18
2009	11	2.23%	8,995.25	216.33
2009	12	1.36%	9,117.32	215.95
2010	1	-2.90%	8,853.05	216.69
2010	2	5.94%	9,379.19	216.74
2010	3	4.09%	9,762.61	217.63
2010	4	-5.88%	9,188.33	218.01
2010	5	-3.54%	8,862.74	218.18
2010	6	-0.16%	8,848.64	217.97
2010	7	0.86%	8,925.06	218.01
2010	8	3.37%	9,225.94	218.31
2010	9	4.58%	9,648.25	218.44
2010	10	2.49%	9,888.58	218.71
2010	11	3.71%	10,255.81	218.80
2010	12	3.46%	10,610.89	219.18
2011	1	3.15%	10,945.22	220.22
2011	2	-1.11%	10,823.46	221.31
2011	3	2.22%	11,063.85	223.47
2011	4	0.66%	11,136.79	224.91
2011	5	-3.66%	10,728.89	225.96
2011	6	3.10%	11,061.67	225.72
2011	7	-10.40%	9,911.19	225.92
2011	8	-0.79%	9,832.96	226.55
2011	9	3.02%	10,129.81	226.89
2011	10	1.77%	10,308.82	226.42
2011	11	1.55%	10,469.09	226.23
2011	12	4.78%	10,969.78	225.67
2012	1	4.16%	11,426.41	226.67
2012	2	2.88%	11,755.93	227.66
2012	3	-0.04%	11,751.44	229.39
2012	4	-3.09%	11,388.21	230.09
2012	5	-1.15%	11,256.97	229.82
2012	6	2.92%	11,585.80	229.48
2012	7	3.39%	11,978.29	229.10
2012	8	3.02%	12,340.17	230.38
2012	9	-0.22%	12,313.38	231.41
2012	10	-2.84%	11,963.99	231.32
2012	11	2.18%	12,224.27	230.22
2012	12	4.27%	12,746.09	229.60
2013	1	2.33%	13,043.46	230.28
2013	2	2.72%	13,398.56	232.17
2013	3	1.45%	13,593.35	232.77
2013	4	4.57%	14,215.15	232.53
2013	5	-1.12%	14,056.25	232.95
2013	6	3.25%	14,513.71	233.50
2013	7	0.25%	14,550.36	233.60
2013	8	1.19%	14,723.87	233.88
2013	9	2.12%	15,035.66	234.15
2013	10	3.86%	15,616.03	233.55
2013	11	1.52%	15,853.65	233.07
2013	12	0.97%	16,007.09	233.05
2014	1	-0.13%	15,986.27	233.92
2014	2	2.72%	16,421.46	234.78
2014	3	0.20%	16,454.59	236.29
2014	4	1.53%	16,706.68	237.07
2014	5	3.20%	17,240.68	237.90
2014	6	1.50%	17,498.57	238.34
2014	7	-0.43%	17,423.86	238.25
2014	8	1.78%	17,733.66	237.85
2014	9	-2.65%	17,264.32	238.03
2014	10	5.71%	18,249.36	237.43
2014	11	0.63%	18,365.04	236.15
2014	12	-1.11%	18,161.18	234.81
2015	1	2.83%	18,674.67	233.71
2015	2	0.06%	18,685.01	234.72
2015	3	0.88%	18,849.14	236.12
2015	4	0.98%	19,033.66	236.60
2015	5	-0.44%	18,950.77	237.81
2015	6	-0.08%	18,935.67	238.64
2015	7	-2.42%	18,476.60	238.65
2015	8	-4.51%	17,643.84	238.32
2015	9	4.32%	18,405.55	237.95
2015	10	2.93%	18,945.28	237.84
2015	11	-1.10%	18,736.32	237.34
2015	12	-6.42%	17,533.52	236.53
2016	1	-0.55%	17,437.10	236.92
2016	2	6.36%	18,546.58	237.11
2016	3	2.83%	19,071.68	238.13
2016	4	-0.30%	19,013.63	239.26
2016	5	1.07%	19,216.41	240.23
2016	6	3.30%	19,850.06	241.02
2016	7	1.20%	20,088.11	240.63
2016	8	-0.44%	19,999.99	240.85
2016	9	-0.51%	19,898.80	241.43
2016	10	1.20%	20,137.81	241.73
2016	11	3.95%	20,932.44	241.35
2016	12	1.44%	21,233.38	241.43
2017	1	2.58%	21,780.44	242.84
2017	2	1.75%	22,161.44	243.60
2017	3	-0.15%	22,127.31	243.80
2017	4	1.69%	22,501.79	244.52
2017	5	1.78%	22,901.51	244.73
2017	6	0.99%	23,127.75	244.96
2017	7	0.25%	23,185.07	244.79
2017	8	1.65%	23,568.38	245.52
2017	9	2.73%	24,212.92	246.82
2017	10	1.59%	24,597.81	246.66
2017	11	2.88%	25,307.08	246.67
2017	12	4.86%	26,537.48	246.52
2018	1	-2.89%	25,771.43	247.87
2018	2	0.06%	25,788.07	248.99
2018	3	-1.66%	25,358.97	249.55
2018	4	1.96%	25,856.41	250.55
2018	5	2.11%	26,402.75	251.59
2018	6	1.58%	26,820.11	251.99
2018	7	2.45%	27,477.42	252.01
2018	8	1.68%	27,938.97	252.15
2018	9	-3.85%	26,863.60	252.44
2018	10	-2.08%	26,305.89	252.89
2018	11	-5.56%	24,842.62	252.04
2018	12	1.74%	25,273.80	251.23
2019	1	5.83%	26,746.98	251.71
2019	2	1.95%	27,268.02	252.78
2019	3	3.72%	28,283.27	254.20
2019	4	-1.53%	27,850.03	255.55
2019	5	1.40%	28,241.25	256.09
2019	6	3.83%	29,322.14	256.14
2019	7	-3.13%	28,403.06	256.57
2019	8	3.09%	29,279.36	256.56
2019	9	0.01%	29,282.23	256.76
2019	10	4.43%	30,580.52	257.35
2019	11	2.47%	31,335.65	257.21
2019	12	3.35%	32,384.26	256.97
2020	1	0.12%	32,423.79	257.97
2020	2	-18.92%	26,289.96	258.68
2020	3	4.32%	27,425.32	258.12
2020	4	5.89%	29,039.95	256.39
2020	5	6.51%	30,929.94	256.39
2020	6	3.48%	32,005.20	257.80
2020	7	5.89%	33,891.43	259.10
2020	8	-0.63%	33,678.93	259.92
2020	9	1.73%	34,260.23	260.28
2020	10	3.95%	35,614.92	260.39
2020	11	4.26%	37,132.14	260.23
2020	12	2.80%	38,170.10	260.47
2021	1	2.49%	39,121.12	261.58
2021	2	0.82%	39,442.44	263.01
2021	3	6.02%	41,817.46	264.88
2021	4	0.76%	42,135.37	267.05
2021	5	1.81%	42,898.20	269.20
2021	6	3.07%	44,214.41	271.70
2021	7	2.19%	45,180.56	273.00
2021	8	-0.08%	45,142.38	273.57
2021	9	0.45%	45,346.51	274.31
2021	10	4.74%	47,498.08	276.59
2021	11	0.27%	47,624.14	277.95
2021	12	-2.05%	46,646.92	278.80
2022	1	-2.90%	45,292.96	281.15
2022	2	-0.89%	44,888.68	283.72
2022	3	0.12%	44,941.79	287.50
2022	4	-7.87%	41,403.64	289.11
2022	5	-3.37%	40,008.59	292.30
2022	6	0.46%	40,194.51	296.31
2022	7	6.45%	42,786.01	296.28
2022	8	-7.28%	39,672.30	296.17
2022	9	-3.09%	38,445.95	296.81
2022	10	5.29%	40,477.86	298.01
2022	11	0.01%	40,482.25	297.71
2022	12	1.38%	41,039.47	296.80
2023	1	3.15%	42,330.97	299.17
2023	2	-2.59%	41,236.53	300.84
2023	3	4.00%	42,884.43	301.84
2023	4	0.74%	43,200.79	303.36
2023	5	4.94%	45,335.85	304.13
2023	6	3.88%	47,093.09	305.11
2023	7	-1.00%	46,623.27	305.69
2023	8	-0.95%	46,178.68	307.03
2023	9	-3.04%	44,776.09	307.79
2023	10	4.60%	46,836.57	307.67
2023	11	5.18%	49,260.47	307.05
2023	12	2.91%	50,694.86	306.75
2024	1	4.20%	52,823.67	308.42
2024	2	3.28%	54,557.41	310.33
2024	3	1.53%	55,392.03	312.33

Click to show 762 more rows

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

Dollar-cost averaging

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

Consider a strategy in which $100.00 was invested in the S&P 500 over a period of no more than 24 months beginning in 1960. This would result in a final amount of $51,359.09, including dividend reinvestments. In this particular case, dollar-cost average returns are less than the returns of a lump-sum investment (which ends with $55,392.03).

Year	Month	Contribution ($)	Amount ($)
1960	1	4.16	4.00
1960	2	4.16	8.06
1960	3	4.16	12.40
1960	4	4.16	16.44
1960	5	4.16	21.41
1960	6	4.16	25.00
1960	7	4.16	29.58
1960	8	4.16	32.81
1960	9	4.16	36.34
1960	10	4.16	41.92
1960	11	4.16	47.31
1960	12	4.16	54.25
1961	1	4.16	60.96
1961	2	4.16	67.32
1961	3	4.16	73.55
1961	4	4.16	78.69
1961	5	4.16	81.94
1961	6	4.16	86.07
1961	7	4.16	93.68
1961	8	4.16	97.30
1961	9	4.16	102.81
1961	10	4.16	112.07
1961	11	4.16	117.57
1961	12	4.32	117.63
1962	1	-	119.87
1962	2	-	120.28
1962	3	-	116.74
1962	4	-	108.35
1962	5	-	95.99
1962	6	-	98.60
1962	7	-	101.58
1962	8	-	100.97
1962	9	-	98.09
1962	10	-	105.15
1962	11	-	110.01
1962	12	-	114.58
1963	1	-	116.40
1963	2	-	116.28
1963	3	-	122.07
1963	4	-	124.84
1963	5	-	125.11
1963	6	-	123.58
1963	7	-	127.32
1963	8	-	131.01
1963	9	-	131.66
1963	10	-	131.26
1963	11	-	134.40
1963	12	-	138.88
1964	1	-	140.93
1964	2	-	143.85
1964	3	-	146.29
1964	4	-	148.07
1964	5	-	147.55
1964	6	-	153.40
1964	7	-	151.52
1964	8	-	154.50
1964	9	-	157.54
1964	10	-	159.02
1964	11	-	156.65
1964	12	-	161.06
1965	1	-	162.63
1965	2	-	163.18
1965	3	-	165.72
1965	4	-	168.59
1965	5	-	160.99
1965	6	-	161.16
1965	7	-	164.57
1965	8	-	170.49
1965	9	-	174.75
1965	10	-	176.63
1965	11	-	176.26
1965	12	-	179.75
1966	1	-	178.97
1966	2	-	172.06
1966	3	-	177.77
1966	4	-	168.87
1966	5	-	167.93
1966	6	-	167.96
1966	7	-	158.27
1966	8	-	153.16
1966	9	-	152.30
1966	10	-	160.40
1966	11	-	161.54
1966	12	-	168.22
1967	1	-	174.49
1967	2	-	179.09
1967	3	-	182.65
1967	4	-	186.41
1967	5	-	184.56
1967	6	-	188.24
1967	7	-	191.73
1967	8	-	194.90
1967	9	-	195.09
1967	10	-	189.47
1967	11	-	195.36
1967	12	-	195.33
1968	1	-	187.01
1968	2	-	184.10
1968	3	-	198.20
1968	4	-	203.27
1968	5	-	209.25
1968	6	-	209.35
1968	7	-	205.30
1968	8	-	212.50
1968	9	-	218.28
1968	10	-	222.18
1968	11	-	225.03
1968	12	-	216.06
1969	1	-	215.55
1969	2	-	211.42
1969	3	-	216.23
1969	4	-	223.83
1969	5	-	212.70
1969	6	-	203.76
1969	7	-	203.18
1969	8	-	204.46
1969	9	-	207.21
1969	10	-	209.28
1969	11	-	198.75
1969	12	-	197.58
1970	1	-	191.27
1970	2	-	195.12
1970	3	-	189.76
1970	4	-	168.51
1970	5	-	168.05
1970	6	-	168.93
1970	7	-	174.43
1970	8	-	185.45
1970	9	-	190.07
1970	10	-	190.46
1970	11	-	204.10
1970	12	-	212.49
1971	1	-	221.31
1971	2	-	227.58
1971	3	-	235.94
1971	4	-	233.32
1971	5	-	229.60
1971	6	-	228.54
1971	7	-	225.07
1971	8	-	230.67
1971	9	-	226.37
1971	10	-	216.47
1971	11	-	231.98
1971	12	-	242.24
1972	1	-	247.29
1972	2	-	253.77
1972	3	-	256.97
1972	4	-	254.97
1972	5	-	256.29
1972	6	-	255.00
1972	7	-	264.64
1972	8	-	261.44
1972	9	-	262.53
1972	10	-	276.33
1972	11	-	282.71
1972	12	-	285.51
1973	1	-	276.02
1973	2	-	272.30
1973	3	-	267.86
1973	4	-	260.97
1973	5	-	255.78
1973	6	-	258.88
1973	7	-	254.64
1973	8	-	259.72
1973	9	-	270.72
1973	10	-	252.17
1973	11	-	235.01
1973	12	-	239.01
1974	1	-	233.10
1974	2	-	243.76
1974	3	-	232.02
1974	4	-	225.74
1974	5	-	226.77
1974	6	-	201.04
1974	7	-	193.47
1974	8	-	174.10
1974	9	-	178.24
1974	10	-	184.91
1974	11	-	173.65
1974	12	-	188.64
1975	1	-	209.02
1975	2	-	219.42
1975	3	-	222.68
1975	4	-	237.63
1975	5	-	244.51
1975	6	-	245.56
1975	7	-	228.38
1975	8	-	226.44
1975	9	-	237.69
1975	10	-	242.55
1975	11	-	239.68
1975	12	-	262.56
1976	1	-	273.53
1976	2	-	275.73
1976	3	-	278.75
1976	4	-	277.68
1976	5	-	280.18
1976	6	-	287.65
1976	7	-	286.04
1976	8	-	293.01
1976	9	-	283.90
1976	10	-	282.86
1976	11	-	293.57
1976	12	-	291.99
1977	1	-	285.08
1977	2	-	284.92
1977	3	-	281.52
1977	4	-	281.70
1977	5	-	284.24
1977	6	-	287.88
1977	7	-	281.90
1977	8	-	278.59
1977	9	-	272.46
1977	10	-	275.14
1977	11	-	274.92
1977	12	-	265.60
1978	1	-	263.01
1978	2	-	263.71
1978	3	-	276.45
1978	4	-	291.67
1978	5	-	293.63
1978	6	-	293.45
1978	7	-	314.95
1978	8	-	316.21
1978	9	-	307.44
1978	10	-	290.72
1978	11	-	296.31
1978	12	-	308.72
1979	1	-	305.45
1979	2	-	312.60
1979	3	-	320.20
1979	4	-	314.14
1979	5	-	321.74
1979	6	-	326.31
1979	7	-	342.67
1979	8	-	347.95
1979	9	-	336.28
1979	10	-	335.20
1979	11	-	349.96
1979	12	-	361.55
1980	1	-	377.45
1980	2	-	344.32
1980	3	-	340.31
1980	4	-	357.45
1980	5	-	381.98
1980	6	-	400.97
1980	7	-	415.02
1980	8	-	426.79
1980	9	-	440.98
1980	10	-	461.33
1980	11	-	455.59
1980	12	-	455.63
1981	1	-	441.64
1981	2	-	459.94
1981	3	-	465.89
1981	4	-	458.36
1981	5	-	462.29
1981	6	-	452.97
1981	7	-	456.60
1981	8	-	418.69
1981	9	-	425.92
1981	10	-	438.89
1981	11	-	444.06
1981	12	-	422.73
1982	1	-	414.64
1982	2	-	403.26
1982	3	-	425.32
1982	4	-	427.74
1982	5	-	405.19
1982	6	-	406.18
1982	7	-	409.41
1982	8	-	458.93
1982	9	-	499.69
1982	10	-	522.18
1982	11	-	529.25
1982	12	-	550.03
1983	1	-	561.75
1983	2	-	583.46
1983	3	-	607.95
1983	4	-	634.85
1983	5	-	645.98
1983	6	-	650.55
1983	7	-	634.89
1983	8	-	655.93
1983	9	-	660.18
1983	10	-	652.65
1983	11	-	651.81
1983	12	-	662.08
1984	1	-	628.24
1984	2	-	631.02
1984	3	-	634.22
1984	4	-	632.61
1984	5	-	620.92
1984	6	-	615.28
1984	7	-	671.93
1984	8	-	681.38
1984	9	-	678.57
1984	10	-	687.30
1984	11	-	682.43
1984	12	-	714.49
1985	1	-	755.84
1985	2	-	752.23
1985	3	-	759.93
1985	4	-	780.72
1985	5	-	800.33
1985	6	-	818.31
1985	7	-	803.21
1985	8	-	788.07
1985	9	-	799.86
1985	10	-	851.21
1985	11	-	896.28
1985	12	-	903.02
1986	1	-	954.47
1986	2	-	1,013.48
1986	3	-	1,041.26
1986	4	-	1,046.38
1986	5	-	1,079.17
1986	6	-	1,059.70
1986	7	-	1,083.87
1986	8	-	1,057.25
1986	9	-	1,056.30
1986	10	-	1,093.62
1986	11	-	1,112.31
1986	12	-	1,186.53
1987	1	-	1,263.21
1987	2	-	1,318.49
1987	3	-	1,307.20
1987	4	-	1,309.46
1987	5	-	1,368.36
1987	6	-	1,411.08
1987	7	-	1,502.16
1987	8	-	1,456.63
1987	9	-	1,283.97
1987	10	-	1,125.99
1987	11	-	1,110.97
1987	12	-	1,158.14
1988	1	-	1,196.69
1988	2	-	1,235.37
1988	3	-	1,224.43
1988	4	-	1,197.63
1988	5	-	1,269.47
1988	6	-	1,265.57
1988	7	-	1,243.82
1988	8	-	1,267.79
1988	9	-	1,315.99
1988	10	-	1,289.40
1988	11	-	1,319.40
1988	12	-	1,365.74
1989	1	-	1,410.81
1989	2	-	1,408.53
1989	3	-	1,458.74
1989	4	-	1,518.77
1989	5	-	1,570.30
1989	6	-	1,614.27
1989	7	-	1,689.99
1989	8	-	1,697.69
1989	9	-	1,702.55
1989	10	-	1,671.67
1989	11	-	1,717.42
1989	12	-	1,679.44
1990	1	-	1,637.00
1990	2	-	1,681.32
1990	3	-	1,684.61
1990	4	-	1,749.49
1990	5	-	1,804.94
1990	6	-	1,808.01
1990	7	-	1,665.88
1990	8	-	1,593.56
1990	9	-	1,556.66
1990	10	-	1,603.10
1990	11	-	1,676.63
1990	12	-	1,665.14
1991	1	-	1,858.41
1991	2	-	1,914.99
1991	3	-	1,958.25
1991	4	-	1,954.75
1991	5	-	1,961.53
1991	6	-	1,976.84
1991	7	-	2,029.80
1991	8	-	2,023.65
1991	9	-	2,027.32
1991	10	-	2,027.64
1991	11	-	2,046.60
1991	12	-	2,197.19
1992	1	-	2,183.99
1992	2	-	2,161.88
1992	3	-	2,167.60
1992	4	-	2,212.43
1992	5	-	2,183.02
1992	6	-	2,224.77
1992	7	-	2,245.72
1992	8	-	2,254.21
1992	9	-	2,227.56
1992	10	-	2,288.98
1992	11	-	2,363.85
1992	12	-	2,367.23
1993	1	-	2,408.05
1993	2	-	2,459.82
1993	3	-	2,426.82
1993	4	-	2,444.41
1993	5	-	2,465.56
1993	6	-	2,467.06
1993	7	-	2,510.54
1993	8	-	2,544.56
1993	9	-	2,576.16
1993	10	-	2,576.35
1993	11	-	2,599.21
1993	12	-	2,644.33
1994	1	-	2,642.33
1994	2	-	2,604.71
1994	3	-	2,517.54
1994	4	-	2,544.18
1994	5	-	2,572.38
1994	6	-	2,559.03
1994	7	-	2,637.90
1994	8	-	2,659.46
1994	9	-	2,647.66
1994	10	-	2,637.86
1994	11	-	2,610.81
1994	12	-	2,674.80
1995	1	-	2,776.95
1995	2	-	2,847.99
1995	3	-	2,939.57
1995	4	-	3,037.98
1995	5	-	3,134.54
1995	6	-	3,245.74
1995	7	-	3,262.39
1995	8	-	3,383.68
1995	9	-	3,414.56
1995	10	-	3,495.09
1995	11	-	3,613.54
1995	12	-	3,619.41
1996	1	-	3,833.12
1996	2	-	3,825.42
1996	3	-	3,832.96
1996	4	-	3,923.22
1996	5	-	3,973.38
1996	6	-	3,835.25
1996	7	-	3,953.21
1996	8	-	4,033.21
1996	9	-	4,199.36
1996	10	-	4,411.51
1996	11	-	4,464.37
1996	12	-	4,609.80
1997	1	-	4,810.84
1997	2	-	4,780.84
1997	3	-	4,618.04
1997	4	-	5,043.72
1997	5	-	5,312.90
1997	6	-	5,617.64
1997	7	-	5,637.18
1997	8	-	5,704.38
1997	9	-	5,798.23
1997	10	-	5,731.44
1997	11	-	5,882.44
1997	12	-	5,896.38
1998	1	-	6,273.88
1998	2	-	6,607.20
1998	3	-	6,832.22
1998	4	-	6,817.06
1998	5	-	6,825.00
1998	6	-	7,129.92
1998	7	-	6,632.89
1998	8	-	6,307.99
1998	9	-	6,389.41
1998	10	-	7,090.61
1998	11	-	7,381.62
1998	12	-	7,754.22
1999	1	-	7,749.05
1999	2	-	7,975.59
1999	3	-	8,314.55
1999	4	-	8,306.34
1999	5	-	8,255.52
1999	6	-	8,628.87
1999	7	-	8,303.18
1999	8	-	8,253.53
1999	9	-	8,148.50
1999	10	-	8,727.53
1999	11	-	8,972.66
1999	12	-	8,961.99
2000	1	-	8,739.91
2000	2	-	9,084.34
2000	3	-	9,213.77
2000	4	-	8,952.21
2000	5	-	9,235.41
2000	6	-	9,313.94
2000	7	-	9,401.46
2000	8	-	9,299.96
2000	9	-	8,815.04
2000	10	-	8,746.94
2000	11	-	8,456.53
2000	12	-	8,495.01
2001	1	-	8,313.53
2001	2	-	7,558.67
2001	3	-	7,592.59
2001	4	-	8,114.91
2001	5	-	7,921.07
2001	6	-	7,710.35
2001	7	-	7,552.61
2001	8	-	6,703.15
2001	9	-	6,916.58
2001	10	-	7,266.08
2001	11	-	7,372.60
2001	12	-	7,350.66
2002	1	-	7,104.21
2002	2	-	7,455.53
2002	3	-	7,193.51
2002	4	-	6,990.63
2002	5	-	6,576.71
2002	6	-	5,869.16
2002	7	-	5,936.00
2002	8	-	5,653.58
2002	9	-	5,576.29
2002	10	-	5,945.75
2002	11	-	5,884.21
2002	12	-	5,871.12
2003	1	-	5,494.49
2003	2	-	5,566.36
2003	3	-	5,860.59
2003	4	-	6,171.91
2003	5	-	6,523.97
2003	6	-	6,562.85
2003	7	-	6,551.93
2003	8	-	6,759.05
2003	9	-	6,896.11
2003	10	-	6,979.59
2003	11	-	7,193.44
2003	12	-	7,548.43
2004	1	-	7,630.45
2004	2	-	7,511.02
2004	3	-	7,583.74
2004	4	-	7,389.27
2004	5	-	7,600.43
2004	6	-	7,430.28
2004	7	-	7,327.18
2004	8	-	7,531.07
2004	9	-	7,538.79
2004	10	-	7,898.69
2004	11	-	8,114.12
2004	12	-	8,004.64
2005	1	-	8,139.22
2005	2	-	8,118.41
2005	3	-	7,922.85
2005	4	-	8,028.69
2005	5	-	8,203.77
2005	6	-	8,352.07
2005	7	-	8,377.97
2005	8	-	8,401.40
2005	9	-	8,180.93
2005	10	-	8,505.02
2005	11	-	8,687.38
2005	12	-	8,814.80
2006	1	-	8,813.34
2006	2	-	8,944.31
2006	3	-	9,015.72
2006	4	-	8,944.80
2006	5	-	8,702.77
2006	6	-	8,765.43
2006	7	-	8,966.32
2006	8	-	9,193.27
2006	9	-	9,525.69
2006	10	-	9,716.36
2006	11	-	9,925.09
2006	12	-	9,993.86
2007	1	-	10,153.36
2007	2	-	9,902.18
2007	3	-	10,316.12
2007	4	-	10,666.01
2007	5	-	10,702.80
2007	6	-	10,764.30
2007	7	-	10,312.08
2007	8	-	10,629.15
2007	9	-	10,947.14
2007	10	-	10,420.98
2007	11	-	10,550.02
2007	12	-	9,850.00
2008	1	-	9,695.95
2008	2	-	9,441.28
2008	3	-	9,841.95
2008	4	-	10,094.16
2008	5	-	9,665.50
2008	6	-	9,077.98
2008	7	-	9,269.58
2008	8	-	8,820.23
2008	9	-	7,039.11
2008	10	-	6,433.37
2008	11	-	6,410.78
2008	12	-	6,340.54
2009	1	-	5,915.57
2009	2	-	5,579.12
2009	3	-	6,266.57
2009	4	-	6,683.91
2009	5	-	6,875.66
2009	6	-	6,963.51
2009	7	-	7,529.00
2009	8	-	7,803.83
2009	9	-	7,991.37
2009	10	-	8,158.73
2009	11	-	8,340.33
2009	12	-	8,453.51
2010	1	-	8,208.49
2010	2	-	8,696.32
2010	3	-	9,051.82
2010	4	-	8,519.36
2010	5	-	8,217.47
2010	6	-	8,204.40
2010	7	-	8,275.25
2010	8	-	8,554.22
2010	9	-	8,945.78
2010	10	-	9,168.62
2010	11	-	9,509.11
2010	12	-	9,838.34
2011	1	-	10,148.33
2011	2	-	10,035.44
2011	3	-	10,258.32
2011	4	-	10,325.95
2011	5	-	9,947.75
2011	6	-	10,256.30
2011	7	-	9,189.58
2011	8	-	9,117.05
2011	9	-	9,392.29
2011	10	-	9,558.26
2011	11	-	9,706.87
2011	12	-	10,171.10
2012	1	-	10,594.49
2012	2	-	10,900.01
2012	3	-	10,895.85
2012	4	-	10,559.06
2012	5	-	10,437.38
2012	6	-	10,742.27
2012	7	-	11,106.18
2012	8	-	11,441.72
2012	9	-	11,416.87
2012	10	-	11,092.92
2012	11	-	11,334.25
2012	12	-	11,818.08
2013	1	-	12,093.80
2013	2	-	12,423.05
2013	3	-	12,603.65
2013	4	-	13,180.18
2013	5	-	13,032.86
2013	6	-	13,457.01
2013	7	-	13,490.99
2013	8	-	13,651.86
2013	9	-	13,940.95
2013	10	-	14,479.07
2013	11	-	14,699.39
2013	12	-	14,841.65
2014	1	-	14,822.35
2014	2	-	15,225.86
2014	3	-	15,256.57
2014	4	-	15,490.31
2014	5	-	15,985.43
2014	6	-	16,224.54
2014	7	-	16,155.27
2014	8	-	16,442.52
2014	9	-	16,007.35
2014	10	-	16,920.68
2014	11	-	17,027.93
2014	12	-	16,838.92
2015	1	-	17,315.02
2015	2	-	17,324.61
2015	3	-	17,476.79
2015	4	-	17,647.87
2015	5	-	17,571.01
2015	6	-	17,557.02
2015	7	-	17,131.37
2015	8	-	16,359.24
2015	9	-	17,065.49
2015	10	-	17,565.93
2015	11	-	17,372.18
2015	12	-	16,256.95
2016	1	-	16,167.56
2016	2	-	17,196.25
2016	3	-	17,683.12
2016	4	-	17,629.30
2016	5	-	17,817.32
2016	6	-	18,404.83
2016	7	-	18,625.55
2016	8	-	18,543.85
2016	9	-	18,450.02
2016	10	-	18,671.63
2016	11	-	19,408.41
2016	12	-	19,687.43
2017	1	-	20,194.67
2017	2	-	20,547.93
2017	3	-	20,516.28
2017	4	-	20,863.49
2017	5	-	21,234.12
2017	6	-	21,443.89
2017	7	-	21,497.02
2017	8	-	21,852.43
2017	9	-	22,450.05
2017	10	-	22,806.91
2017	11	-	23,464.54
2017	12	-	24,605.36
2018	1	-	23,895.08
2018	2	-	23,910.51
2018	3	-	23,512.65
2018	4	-	23,973.88
2018	5	-	24,480.44
2018	6	-	24,867.41
2018	7	-	25,476.86
2018	8	-	25,904.81
2018	9	-	24,907.74
2018	10	-	24,390.63
2018	11	-	23,033.90
2018	12	-	23,433.68
2019	1	-	24,799.61
2019	2	-	25,282.71
2019	3	-	26,224.04
2019	4	-	25,822.34
2019	5	-	26,185.08
2019	6	-	27,187.27
2019	7	-	26,335.11
2019	8	-	27,147.61
2019	9	-	27,150.27
2019	10	-	28,354.03
2019	11	-	29,054.18
2019	12	-	30,026.45
2020	1	-	30,063.11
2020	2	-	24,375.86
2020	3	-	25,428.55
2020	4	-	26,925.63
2020	5	-	28,678.02
2020	6	-	29,674.99
2020	7	-	31,423.89
2020	8	-	31,226.86
2020	9	-	31,765.84
2020	10	-	33,021.90
2020	11	-	34,428.65
2020	12	-	35,391.04
2021	1	-	36,272.82
2021	2	-	36,570.75
2021	3	-	38,772.85
2021	4	-	39,067.61
2021	5	-	39,774.90
2021	6	-	40,995.27
2021	7	-	41,891.09
2021	8	-	41,855.69
2021	9	-	42,044.95
2021	10	-	44,039.88
2021	11	-	44,156.76
2021	12	-	43,250.68
2022	1	-	41,995.30
2022	2	-	41,620.46
2022	3	-	41,669.70
2022	4	-	38,389.15
2022	5	-	37,095.68
2022	6	-	37,268.05
2022	7	-	39,670.87
2022	8	-	36,783.86
2022	9	-	35,646.81
2022	10	-	37,530.78
2022	11	-	37,534.84
2022	12	-	38,051.50
2023	1	-	39,248.97
2023	2	-	38,234.21
2023	3	-	39,762.14
2023	4	-	40,055.46
2023	5	-	42,035.07
2023	6	-	43,664.37
2023	7	-	43,228.76
2023	8	-	42,816.54
2023	9	-	41,516.07
2023	10	-	43,426.52
2023	11	-	45,673.95
2023	12	-	47,003.90
2024	1	-	48,977.72
2024	2	-	50,585.23
2024	3	-	51,359.09

Click to show 762 more rows

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.

FAQs

S&P 500 Returns since 1960? ›

Stock market returns since 1960

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What is the historical rate of return of the S&P 500? ›

Since 1957, the S&P 500's average annual rate of return has been approximately 10.5% (through March 2023) and around 6.6% after adjusting for inflation.

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What is the average return of the sp500 last 40 years? ›

40 Years (1982 – 2022): 11.6% annual return. 30 Years (1992 – 2022): 9.64% annual return. 20 Years (2002 – 2022): 8.14% annual return. 10 Years (2012 – 2022): 12.74% annual return.

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What is the return of the S&P 500 since 1965? ›

If you invested $100 in the S&P 500 at the beginning of 1965, you would have about $27,156.17 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.

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What is the historical return of the S&P 500 in 50 years? ›

The average yearly return of the S&P 500 is 11.3% over the last 50 years, as of the end of February 2024.

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What is the 10 year average return on the S&P 500? ›

Basic Info. S&P 500 10 Year Return is at 180.6%, compared to 174.1% last month and 161.9% last year. This is higher than the long term average of 114.4%.

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How much money do I need to invest to make $3,000 a month? ›

Imagine you wish to amass $3000 monthly from your investments, amounting to $36,000 annually. If you park your funds in a savings account offering a 2% annual interest rate, you'd need to inject roughly $1.8 million into the account.

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What is the average annual return if someone invested 100% in stocks? ›

The stock market has returned an average of 10% per year over the past 50 years. The past decade has been great for stocks. From 2012 through 2021, the average stock market return was 14.8% annually for the S&P 500 index (SNPINDEX:^GSPC).

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What is the safest investment with the highest return? ›

Here are the best low-risk investments in April 2024:

High-yield savings accounts.
Money market funds.
Short-term certificates of deposit.
Series I savings bonds.
Treasury bills, notes, bonds and TIPS.
Corporate bonds.
Dividend-paying stocks.
Preferred stocks.

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Apr 1, 2024

What is the highest the S&P 500 has ever been? ›

The S&P topped out at 4,842 Friday afternoon, narrowly beating January 2022's prior all-time high of 4,818.

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What is a conservative rate of return during retirement? ›

Generating sufficient retirement income means planning ahead of time but being able to adapt to evolving circ*mstances. As a result, keeping a realistic rate of return in mind can help you aim for a defined target. Many consider a conservative rate of return in retirement 10% or less because of historical returns.

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How much is $10,000 invested in the S&P 500 in 1980? ›

It tracked a hypothetical $10,000 investment in the S&P 500 stock index made on Jan 1, 1980 through the end of 2022. If the money was left untouched, the $10,000 invested in 1980 was worth $1.26 million at the end of 2022.

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How much is $10,000 invested in the stock market in 1990? ›

A $10,000 investment in 1990 would be worth just over $11 million today. The move to the Nasdaq became a catalyst for the stock.

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What is the average return of the SP 500 with dividends reinvested? ›

Using Shiller's data, since 1971 the S&P 500 has delivered an annualized return of 7.58%—or 10.51% with dividends reinvested. Investors who keep their money at work in the S&P 500 have been able to enjoy an annualized stock market return of around 10% over the long haul.

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What is the historical average monthly returns S&P 500? ›

Basic Info. S&P 500 Monthly Total Return is at 3.22%, compared to 5.34% last month and 3.67% last year. This is higher than the long term average of 0.72%. The S&P 500 Monthly Total Return is the investment return received each month, including dividends, when holding the S&P 500 index.

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What is the average return of the S&P 500 last 3 years? ›

S&P 500 3 Year Return is at 32.26%, compared to 33.72% last month and 58.99% last year. This is higher than the long term average of 23.25%. The S&P 500 3 Year Return is the investment return received for a 3 year period, excluding dividends, when holding the S&P 500 index.

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What is the average return of the S&P last 60 years? ›

S&P 500: $100 in 1960 → $55,392.03 in 2024

If you invested $100 in the S&P 500 at the beginning of 1960, you would have about $55,392.03 at the end of 2024, assuming you reinvested all dividends. This is a return on investment of 55,292.03%, or 10.33% per year.

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What is the annual return of the S&P 500 since 1980? ›

The average annual return of the S&P 500 was 10% from 1980-2022, excluding dividends.

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