S&P 500 Returns since 1990 (2024)

Stock market returns between 1990 and 2023

If you invested $100 in the S&P 500 at the beginning of 1990, you would have about $2,604.37 at the end of 2023, assuming you reinvested all dividends. This is a return on investment of 2,504.37%, or 10.17% per year.

This lump-sum investment beats inflation during this period for an inflation-adjusted return of about 1,017.13% cumulatively, or 7.43% per year.

If you used dollar-cost averaging (monthly) instead of a lump-sum investment, you'd have $2,421.09.

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 $2,504.37, or 2,504.37%. This means by 2023 you would have $2,604.37 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 1990 was 130.700 and the CPI in 2023 was 304.702.

The ratio between these CPIs describes how relative buying power of a dollar has changed over 33 years.

Adjusted for inflation, the $2,604.37 nominal end value of the original $100 investment would have a real return of roughly $1,017.13 in 1990 dollars. This means the inflation-adjusted return is 1,017.13% as opposed to the original 2,504.37%.

Full monthly data

The table below shows the full dataset pertaining to a $100 investment, including gains and losses over the 404-month period between 1990 and 2023.

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

Year	Month	Return (%)	Amount ($)	CPI
1990	1	-2.53%	97.47	127.40
1990	2	2.71%	100.11	128.00
1990	3	0.20%	100.31	128.70
1990	4	3.85%	104.17	128.90
1990	5	3.17%	107.47	129.20
1990	6	0.17%	107.66	129.90
1990	7	-7.86%	99.19	130.40
1990	8	-4.34%	94.89	131.60
1990	9	-2.32%	92.69	132.70
1990	10	2.98%	95.45	133.50
1990	11	4.59%	99.83	133.80
1990	12	-0.69%	99.15	133.80
1991	1	11.61%	110.66	134.60
1991	2	3.04%	114.03	134.80
1991	3	2.26%	116.60	135.00
1991	4	-0.18%	116.39	135.20
1991	5	0.35%	116.80	135.60
1991	6	0.78%	117.71	136.00
1991	7	2.68%	120.86	136.20
1991	8	-0.30%	120.50	136.60
1991	9	0.18%	120.71	137.20
1991	10	0.02%	120.73	137.40
1991	11	0.94%	121.86	137.80
1991	12	7.36%	130.83	137.90
1992	1	-0.60%	130.04	138.10
1992	2	-1.01%	128.73	138.60
1992	3	0.26%	129.07	139.30
1992	4	2.07%	131.74	139.50
1992	5	-1.33%	129.98	139.70
1992	6	1.91%	132.47	140.20
1992	7	0.94%	133.72	140.50
1992	8	0.38%	134.22	140.90
1992	9	-1.18%	132.64	141.30
1992	10	2.76%	136.29	141.80
1992	11	3.27%	140.75	142.00
1992	12	0.14%	140.95	141.90
1993	1	1.72%	143.38	142.60
1993	2	2.15%	146.47	143.10
1993	3	-1.34%	144.50	143.60
1993	4	0.72%	145.55	144.00
1993	5	0.87%	146.81	144.20
1993	6	0.06%	146.90	144.40
1993	7	1.76%	149.49	144.40
1993	8	1.35%	151.51	144.80
1993	9	1.24%	153.39	145.10
1993	10	0.01%	153.41	145.70
1993	11	0.89%	154.77	145.80
1993	12	1.74%	157.45	145.80
1994	1	-0.08%	157.33	146.20
1994	2	-1.42%	155.09	146.70
1994	3	-3.35%	149.90	147.20
1994	4	1.06%	151.49	147.40
1994	5	1.11%	153.17	147.50
1994	6	-0.52%	152.37	148.00
1994	7	3.08%	157.07	148.40
1994	8	0.82%	158.35	149.00
1994	9	-0.44%	157.65	149.40
1994	10	-0.37%	157.07	149.50
1994	11	-1.03%	155.46	149.70
1994	12	2.45%	159.27	149.70
1995	1	3.82%	165.35	150.30
1995	2	2.56%	169.58	150.90
1995	3	3.22%	175.03	151.40
1995	4	3.35%	180.89	151.90
1995	5	3.18%	186.64	152.20
1995	6	3.55%	193.26	152.50
1995	7	0.51%	194.25	152.50
1995	8	3.72%	201.48	152.90
1995	9	0.91%	203.31	153.20
1995	10	2.36%	208.11	153.70
1995	11	3.39%	215.16	153.60
1995	12	0.16%	215.51	153.50
1996	1	5.90%	228.24	154.40
1996	2	-0.20%	227.78	154.90
1996	3	0.20%	228.23	155.70
1996	4	2.35%	233.60	156.30
1996	5	1.28%	236.59	156.60
1996	6	-3.48%	228.36	156.70
1996	7	3.08%	235.39	157.00
1996	8	2.02%	240.15	157.30
1996	9	4.12%	250.04	157.80
1996	10	5.05%	262.68	158.30
1996	11	1.20%	265.82	158.60
1996	12	3.26%	274.48	158.60
1997	1	4.36%	286.45	159.10
1997	2	-0.62%	284.67	159.60
1997	3	-3.41%	274.97	160.00
1997	4	9.22%	300.32	160.20
1997	5	5.34%	316.35	160.10
1997	6	5.74%	334.49	160.30
1997	7	0.35%	335.66	160.50
1997	8	1.19%	339.66	160.80
1997	9	1.65%	345.25	161.20
1997	10	-1.15%	341.27	161.60
1997	11	2.63%	350.26	161.50
1997	12	0.24%	351.09	161.30
1998	1	6.40%	373.57	161.60
1998	2	5.31%	393.42	161.90
1998	3	3.41%	406.81	162.20
1998	4	-0.22%	405.91	162.50
1998	5	0.12%	406.38	162.80
1998	6	4.47%	424.54	163.00
1998	7	-6.97%	394.95	163.20
1998	8	-4.90%	375.60	163.40
1998	9	1.29%	380.45	163.60
1998	10	10.97%	422.20	164.00
1998	11	4.10%	439.53	164.00
1998	12	5.05%	461.71	163.90
1999	1	-0.07%	461.41	164.30
1999	2	2.92%	474.89	164.50
1999	3	4.25%	495.08	165.00
1999	4	-0.10%	494.59	166.20
1999	5	-0.61%	491.56	166.20
1999	6	4.52%	513.79	166.20
1999	7	-3.77%	494.40	166.70
1999	8	-0.60%	491.44	167.10
1999	9	-1.27%	485.19	167.90
1999	10	7.11%	519.67	168.20
1999	11	2.81%	534.26	168.30
1999	12	-0.12%	533.63	168.30
2000	1	-2.48%	520.41	168.80
2000	2	3.94%	540.91	169.80
2000	3	1.42%	548.62	171.20
2000	4	-2.84%	533.05	171.30
2000	5	3.16%	549.91	171.50
2000	6	0.85%	554.58	172.40
2000	7	0.94%	559.80	172.80
2000	8	-1.08%	553.75	172.80
2000	9	-5.21%	524.88	173.70
2000	10	-0.77%	520.82	174.00
2000	11	-3.32%	503.53	174.10
2000	12	0.46%	505.82	174.00
2001	1	-2.14%	495.02	175.10
2001	2	-9.08%	450.07	175.80
2001	3	0.45%	452.09	176.20
2001	4	6.88%	483.19	176.90
2001	5	-2.39%	471.65	177.70
2001	6	-2.66%	459.10	178.00
2001	7	-2.05%	449.71	177.50
2001	8	-11.25%	399.13	177.50
2001	9	3.18%	411.84	178.30
2001	10	5.05%	432.65	177.70
2001	11	1.47%	438.99	177.40
2001	12	-0.30%	437.68	176.70
2002	1	-3.35%	423.01	177.10
2002	2	4.95%	443.93	177.80
2002	3	-3.51%	428.33	178.80
2002	4	-2.82%	416.25	179.80
2002	5	-5.92%	391.60	179.80
2002	6	-10.76%	349.47	179.90
2002	7	1.14%	353.45	180.10
2002	8	-4.76%	336.63	180.70
2002	9	-1.37%	332.03	181.00
2002	10	6.63%	354.03	181.30
2002	11	-1.04%	350.37	181.30
2002	12	-0.22%	349.59	180.90
2003	1	-6.41%	327.16	181.70
2003	2	1.31%	331.44	183.10
2003	3	5.29%	348.96	184.20
2003	4	5.31%	367.50	183.80
2003	5	5.70%	388.46	183.50
2003	6	0.60%	390.78	183.70
2003	7	-0.17%	390.13	183.90
2003	8	3.16%	402.46	184.60
2003	9	2.03%	410.62	185.20
2003	10	1.21%	415.59	185.00
2003	11	3.06%	428.32	184.50
2003	12	4.93%	449.46	184.30
2004	1	1.09%	454.34	185.20
2004	2	-1.57%	447.23	186.20
2004	3	0.97%	451.56	187.40
2004	4	-2.56%	439.98	188.00
2004	5	2.86%	452.56	189.10
2004	6	-2.24%	442.43	189.70
2004	7	-1.39%	436.29	189.40
2004	8	2.78%	448.43	189.50
2004	9	0.10%	448.89	189.90
2004	10	4.77%	470.32	190.90
2004	11	2.73%	483.14	191.00
2004	12	-1.35%	476.62	190.30
2005	1	1.68%	484.64	190.70
2005	2	-0.26%	483.40	191.80
2005	3	-2.41%	471.75	193.30
2005	4	1.34%	478.06	194.60
2005	5	2.18%	488.48	194.40
2005	6	1.81%	497.31	194.50
2005	7	0.31%	498.85	195.40
2005	8	0.28%	500.25	196.40
2005	9	-2.62%	487.12	198.80
2005	10	3.96%	506.42	199.20
2005	11	2.14%	517.28	197.60
2005	12	1.47%	524.86	196.80
2006	1	-0.02%	524.78	198.30
2006	2	1.49%	532.58	198.70
2006	3	0.80%	536.83	199.80
2006	4	-0.79%	532.60	201.50
2006	5	-2.71%	518.19	202.50
2006	6	0.72%	521.92	202.90
2006	7	2.29%	533.89	203.50
2006	8	2.53%	547.40	203.90
2006	9	3.62%	567.19	202.90
2006	10	2.00%	578.55	201.80
2006	11	2.15%	590.98	201.50
2006	12	0.69%	595.07	201.80
2007	1	1.60%	604.57	202.42
2007	2	-2.47%	589.61	203.50
2007	3	4.18%	614.26	205.35
2007	4	3.39%	635.09	206.69
2007	5	0.34%	637.28	207.95
2007	6	0.57%	640.94	208.35
2007	7	-4.20%	614.02	208.30
2007	8	3.07%	632.90	207.92
2007	9	2.99%	651.83	208.49
2007	10	-4.81%	620.50	208.94
2007	11	1.24%	628.19	210.18
2007	12	-6.64%	586.50	210.04
2008	1	-1.56%	577.33	211.08
2008	2	-2.63%	562.17	211.69
2008	3	4.24%	586.02	213.53
2008	4	2.56%	601.04	214.82
2008	5	-4.25%	575.52	216.63
2008	6	-6.08%	540.54	218.82
2008	7	2.11%	551.94	219.96
2008	8	-4.85%	525.19	219.09
2008	9	-20.19%	419.13	218.78
2008	10	-8.61%	383.07	216.57
2008	11	-0.35%	381.72	212.43
2008	12	-1.10%	377.54	210.23
2009	1	-6.70%	352.23	211.14
2009	2	-5.69%	332.20	212.19
2009	3	12.32%	373.13	212.71
2009	4	6.66%	397.98	213.24
2009	5	2.87%	409.40	213.86
2009	6	1.28%	414.63	215.69
2009	7	8.12%	448.30	215.35
2009	8	3.65%	464.67	215.83
2009	9	2.40%	475.83	215.97
2009	10	2.09%	485.80	216.18
2009	11	2.23%	496.61	216.33
2009	12	1.36%	503.35	215.95
2010	1	-2.90%	488.76	216.69
2010	2	5.94%	517.81	216.74
2010	3	4.09%	538.98	217.63
2010	4	-5.88%	507.27	218.01
2010	5	-3.54%	489.30	218.18
2010	6	-0.16%	488.52	217.97
2010	7	0.86%	492.74	218.01
2010	8	3.37%	509.35	218.31
2010	9	4.58%	532.66	218.44
2010	10	2.49%	545.93	218.71
2010	11	3.71%	566.21	218.80
2010	12	3.46%	585.81	219.18
2011	1	3.15%	604.27	220.22
2011	2	-1.11%	597.55	221.31
2011	3	2.22%	610.82	223.47
2011	4	0.66%	614.84	224.91
2011	5	-3.66%	592.32	225.96
2011	6	3.10%	610.70	225.72
2011	7	-10.40%	547.18	225.92
2011	8	-0.79%	542.86	226.55
2011	9	3.02%	559.25	226.89
2011	10	1.77%	569.13	226.42
2011	11	1.55%	577.98	226.23
2011	12	4.78%	605.62	225.67
2012	1	4.16%	630.83	226.67
2012	2	2.88%	649.03	227.66
2012	3	-0.04%	648.78	229.39
2012	4	-3.09%	628.72	230.09
2012	5	-1.15%	621.48	229.82
2012	6	2.92%	639.63	229.48
2012	7	3.39%	661.30	229.10
2012	8	3.02%	681.28	230.38
2012	9	-0.22%	679.80	231.41
2012	10	-2.84%	660.51	231.32
2012	11	2.18%	674.88	230.22
2012	12	4.27%	703.69	229.60
2013	1	2.33%	720.11	230.28
2013	2	2.72%	739.71	232.17
2013	3	1.45%	750.47	232.77
2013	4	4.57%	784.79	232.53
2013	5	-1.12%	776.02	232.95
2013	6	3.25%	801.28	233.50
2013	7	0.25%	803.30	233.60
2013	8	1.19%	812.88	233.88
2013	9	2.12%	830.09	234.15
2013	10	3.86%	862.14	233.55
2013	11	1.52%	875.25	233.07
2013	12	0.97%	883.72	233.05
2014	1	-0.13%	882.58	233.92
2014	2	2.72%	906.60	234.78
2014	3	0.20%	908.43	236.29
2014	4	1.53%	922.35	237.07
2014	5	3.20%	951.83	237.90
2014	6	1.50%	966.07	238.34
2014	7	-0.43%	961.94	238.25
2014	8	1.78%	979.05	237.85
2014	9	-2.65%	953.13	238.03
2014	10	5.71%	1,007.52	237.43
2014	11	0.63%	1,013.90	236.15
2014	12	-1.11%	1,002.65	234.81
2015	1	2.83%	1,031.00	233.71
2015	2	0.06%	1,031.57	234.72
2015	3	0.88%	1,040.63	236.12
2015	4	0.98%	1,050.82	236.60
2015	5	-0.44%	1,046.24	237.81
2015	6	-0.08%	1,045.41	238.64
2015	7	-2.42%	1,020.06	238.65
2015	8	-4.51%	974.09	238.32
2015	9	4.32%	1,016.14	237.95
2015	10	2.93%	1,045.94	237.84
2015	11	-1.10%	1,034.40	237.34
2015	12	-6.42%	968.00	236.53
2016	1	-0.55%	962.67	236.92
2016	2	6.36%	1,023.93	237.11
2016	3	2.83%	1,052.92	238.13
2016	4	-0.30%	1,049.71	239.26
2016	5	1.07%	1,060.91	240.23
2016	6	3.30%	1,095.89	241.02
2016	7	1.20%	1,109.03	240.63
2016	8	-0.44%	1,104.17	240.85
2016	9	-0.51%	1,098.58	241.43
2016	10	1.20%	1,111.78	241.73
2016	11	3.95%	1,155.65	241.35
2016	12	1.44%	1,172.26	241.43
2017	1	2.58%	1,202.46	242.84
2017	2	1.75%	1,223.50	243.60
2017	3	-0.15%	1,221.61	243.80
2017	4	1.69%	1,242.29	244.52
2017	5	1.78%	1,264.35	244.73
2017	6	0.99%	1,276.84	244.96
2017	7	0.25%	1,280.01	244.79
2017	8	1.65%	1,301.17	245.52
2017	9	2.73%	1,336.76	246.82
2017	10	1.59%	1,358.00	246.66
2017	11	2.88%	1,397.16	246.67
2017	12	4.86%	1,465.09	246.52
2018	1	-2.89%	1,422.80	247.87
2018	2	0.06%	1,423.72	248.99
2018	3	-1.66%	1,400.03	249.55
2018	4	1.96%	1,427.49	250.55
2018	5	2.11%	1,457.65	251.59
2018	6	1.58%	1,480.69	251.99
2018	7	2.45%	1,516.98	252.01
2018	8	1.68%	1,542.46	252.15
2018	9	-3.85%	1,483.09	252.44
2018	10	-2.08%	1,452.30	252.89
2018	11	-5.56%	1,371.52	252.04
2018	12	1.74%	1,395.32	251.23
2019	1	5.83%	1,476.66	251.71
2019	2	1.95%	1,505.42	252.78
2019	3	3.72%	1,561.47	254.20
2019	4	-1.53%	1,537.55	255.55
2019	5	1.40%	1,559.15	256.09
2019	6	3.83%	1,618.83	256.14
2019	7	-3.13%	1,568.09	256.57
2019	8	3.09%	1,616.46	256.56
2019	9	0.01%	1,616.62	256.76
2019	10	4.43%	1,688.30	257.35
2019	11	2.47%	1,729.99	257.21
2019	12	3.35%	1,787.88	256.97
2020	1	0.12%	1,790.06	257.97
2020	2	-18.92%	1,451.42	258.68
2020	3	4.32%	1,514.11	258.12
2020	4	5.89%	1,603.25	256.39
2020	5	6.51%	1,707.59	256.39
2020	6	3.48%	1,766.95	257.80
2020	7	5.89%	1,871.09	259.10
2020	8	-0.63%	1,859.36	259.92
2020	9	1.73%	1,891.45	260.28
2020	10	3.95%	1,966.24	260.39
2020	11	4.26%	2,050.00	260.23
2020	12	2.80%	2,107.31	260.47
2021	1	2.49%	2,159.81	261.58
2021	2	0.82%	2,177.55	263.01
2021	3	6.02%	2,308.67	264.88
2021	4	0.76%	2,326.22	267.05
2021	5	1.81%	2,368.34	269.20
2021	6	3.07%	2,441.00	271.70
2021	7	2.19%	2,494.34	273.00
2021	8	-0.08%	2,492.24	273.57
2021	9	0.45%	2,503.51	274.31
2021	10	4.74%	2,622.29	276.59
2021	11	0.27%	2,629.25	277.95
2021	12	-2.05%	2,575.30	278.80
2022	1	-2.90%	2,500.55	281.15
2022	2	-0.89%	2,478.23	283.72
2022	3	0.12%	2,481.16	287.50
2022	4	-7.87%	2,285.83	289.11
2022	5	-3.37%	2,208.81	292.30
2022	6	0.46%	2,219.07	296.31
2022	7	6.45%	2,362.14	296.28
2022	8	-7.28%	2,190.24	296.17
2022	9	-3.09%	2,122.54	296.81
2022	10	5.29%	2,234.72	298.01
2022	11	0.01%	2,234.96	297.71
2022	12	1.38%	2,265.72	296.80
2023	1	3.15%	2,337.02	299.17
2023	2	-2.59%	2,276.60	300.84
2023	3	4.00%	2,367.58	301.84
2023	4	0.74%	2,385.04	303.36
2023	5	4.94%	2,502.92	304.13
2023	6	3.88%	2,599.93	305.11
2023	7	-1.13%	2,570.68	305.69
2023	8	1.31%	2,604.37	307.03

Click to show 390 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 1990. This would result in a final amount of $2,421.09, including dividend reinvestments. In this particular case, dollar-cost average returns are less than the returns of a lump-sum investment (which ends with $2,604.37).

Year	Month	Contribution ($)	Amount ($)
1990	1	4.16	4.04
1990	2	4.16	8.41
1990	3	4.16	12.59
1990	4	4.16	17.38
1990	5	4.16	22.21
1990	6	4.16	26.40
1990	7	4.16	28.15
1990	8	4.16	30.90
1990	9	4.16	34.23
1990	10	4.16	39.52
1990	11	4.16	45.67
1990	12	4.16	49.48
1991	1	4.16	59.85
1991	2	4.16	65.95
1991	3	4.16	71.68
1991	4	4.16	75.70
1991	5	4.16	80.12
1991	6	4.16	84.93
1991	7	4.16	91.46
1991	8	4.16	95.32
1991	9	4.16	99.65
1991	10	4.16	103.82
1991	11	4.16	108.98
1991	12	4.32	121.62
1992	1	-	120.89
1992	2	-	119.67
1992	3	-	119.98
1992	4	-	122.46
1992	5	-	120.84
1992	6	-	123.15
1992	7	-	124.31
1992	8	-	124.78
1992	9	-	123.30
1992	10	-	126.70
1992	11	-	130.85
1992	12	-	131.03
1993	1	-	133.29
1993	2	-	136.16
1993	3	-	134.33
1993	4	-	135.31
1993	5	-	136.48
1993	6	-	136.56
1993	7	-	138.97
1993	8	-	140.85
1993	9	-	142.60
1993	10	-	142.61
1993	11	-	143.87
1993	12	-	146.37
1994	1	-	146.26
1994	2	-	144.18
1994	3	-	139.35
1994	4	-	140.83
1994	5	-	142.39
1994	6	-	141.65
1994	7	-	146.02
1994	8	-	147.21
1994	9	-	146.56
1994	10	-	146.01
1994	11	-	144.52
1994	12	-	148.06
1995	1	-	153.71
1995	2	-	157.65
1995	3	-	162.71
1995	4	-	168.16
1995	5	-	173.51
1995	6	-	179.66
1995	7	-	180.58
1995	8	-	187.30
1995	9	-	189.01
1995	10	-	193.46
1995	11	-	200.02
1995	12	-	200.35
1996	1	-	212.18
1996	2	-	211.75
1996	3	-	212.17
1996	4	-	217.16
1996	5	-	219.94
1996	6	-	212.29
1996	7	-	218.82
1996	8	-	223.25
1996	9	-	232.45
1996	10	-	244.19
1996	11	-	247.12
1996	12	-	255.17
1997	1	-	266.30
1997	2	-	264.63
1997	3	-	255.62
1997	4	-	279.19
1997	5	-	294.09
1997	6	-	310.95
1997	7	-	312.04
1997	8	-	315.76
1997	9	-	320.95
1997	10	-	317.25
1997	11	-	325.61
1997	12	-	326.38
1998	1	-	347.28
1998	2	-	365.73
1998	3	-	378.18
1998	4	-	377.35
1998	5	-	377.79
1998	6	-	394.66
1998	7	-	367.15
1998	8	-	349.17
1998	9	-	353.67
1998	10	-	392.49
1998	11	-	408.60
1998	12	-	429.22
1999	1	-	428.93
1999	2	-	441.47
1999	3	-	460.24
1999	4	-	459.78
1999	5	-	456.97
1999	6	-	477.63
1999	7	-	459.61
1999	8	-	456.86
1999	9	-	451.05
1999	10	-	483.10
1999	11	-	496.67
1999	12	-	496.07
2000	1	-	483.78
2000	2	-	502.85
2000	3	-	510.01
2000	4	-	495.53
2000	5	-	511.21
2000	6	-	515.56
2000	7	-	520.40
2000	8	-	514.78
2000	9	-	487.94
2000	10	-	484.17
2000	11	-	468.10
2000	12	-	470.23
2001	1	-	460.18
2001	2	-	418.40
2001	3	-	420.27
2001	4	-	449.19
2001	5	-	438.46
2001	6	-	426.79
2001	7	-	418.06
2001	8	-	371.04
2001	9	-	382.85
2001	10	-	402.20
2001	11	-	408.10
2001	12	-	406.88
2002	1	-	393.24
2002	2	-	412.69
2002	3	-	398.18
2002	4	-	386.95
2002	5	-	364.04
2002	6	-	324.88
2002	7	-	328.58
2002	8	-	312.94
2002	9	-	308.67
2002	10	-	329.12
2002	11	-	325.71
2002	12	-	324.98
2003	1	-	304.14
2003	2	-	308.12
2003	3	-	324.40
2003	4	-	341.63
2003	5	-	361.12
2003	6	-	363.27
2003	7	-	362.67
2003	8	-	374.13
2003	9	-	381.72
2003	10	-	386.34
2003	11	-	398.18
2003	12	-	417.83
2004	1	-	422.37
2004	2	-	415.76
2004	3	-	419.78
2004	4	-	409.02
2004	5	-	420.71
2004	6	-	411.29
2004	7	-	405.58
2004	8	-	416.87
2004	9	-	417.30
2004	10	-	437.22
2004	11	-	449.14
2004	12	-	443.08
2005	1	-	450.53
2005	2	-	449.38
2005	3	-	438.55
2005	4	-	444.41
2005	5	-	454.10
2005	6	-	462.31
2005	7	-	463.75
2005	8	-	465.04
2005	9	-	452.84
2005	10	-	470.78
2005	11	-	480.87
2005	12	-	487.93
2006	1	-	487.85
2006	2	-	495.10
2006	3	-	499.05
2006	4	-	495.12
2006	5	-	481.73
2006	6	-	485.19
2006	7	-	496.31
2006	8	-	508.88
2006	9	-	527.28
2006	10	-	537.83
2006	11	-	549.39
2006	12	-	553.19
2007	1	-	562.02
2007	2	-	548.12
2007	3	-	571.03
2007	4	-	590.40
2007	5	-	592.43
2007	6	-	595.84
2007	7	-	570.81
2007	8	-	588.36
2007	9	-	605.96
2007	10	-	576.83
2007	11	-	583.98
2007	12	-	545.23
2008	1	-	536.70
2008	2	-	522.60
2008	3	-	544.78
2008	4	-	558.74
2008	5	-	535.02
2008	6	-	502.49
2008	7	-	513.10
2008	8	-	488.23
2008	9	-	389.64
2008	10	-	356.11
2008	11	-	354.86
2008	12	-	350.97
2009	1	-	327.45
2009	2	-	308.82
2009	3	-	346.87
2009	4	-	369.98
2009	5	-	380.59
2009	6	-	385.45
2009	7	-	416.75
2009	8	-	431.97
2009	9	-	442.35
2009	10	-	451.61
2009	11	-	461.66
2009	12	-	467.93
2010	1	-	454.37
2010	2	-	481.37
2010	3	-	501.05
2010	4	-	471.57
2010	5	-	454.86
2010	6	-	454.14
2010	7	-	458.06
2010	8	-	473.50
2010	9	-	495.18
2010	10	-	507.51
2010	11	-	526.36
2010	12	-	544.58
2011	1	-	561.74
2011	2	-	555.49
2011	3	-	567.83
2011	4	-	571.57
2011	5	-	550.64
2011	6	-	567.72
2011	7	-	508.67
2011	8	-	504.66
2011	9	-	519.89
2011	10	-	529.08
2011	11	-	537.31
2011	12	-	563.00
2012	1	-	586.44
2012	2	-	603.35
2012	3	-	603.12
2012	4	-	584.48
2012	5	-	577.74
2012	6	-	594.62
2012	7	-	614.76
2012	8	-	633.33
2012	9	-	631.96
2012	10	-	614.03
2012	11	-	627.39
2012	12	-	654.17
2013	1	-	669.43
2013	2	-	687.65
2013	3	-	697.65
2013	4	-	729.56
2013	5	-	721.41
2013	6	-	744.89
2013	7	-	746.77
2013	8	-	755.67
2013	9	-	771.68
2013	10	-	801.46
2013	11	-	813.66
2013	12	-	821.53
2014	1	-	820.46
2014	2	-	842.80
2014	3	-	844.50
2014	4	-	857.44
2014	5	-	884.84
2014	6	-	898.08
2014	7	-	894.24
2014	8	-	910.14
2014	9	-	886.06
2014	10	-	936.61
2014	11	-	942.55
2014	12	-	932.09
2015	1	-	958.44
2015	2	-	958.97
2015	3	-	967.39
2015	4	-	976.86
2015	5	-	972.61
2015	6	-	971.84
2015	7	-	948.27
2015	8	-	905.54
2015	9	-	944.63
2015	10	-	972.33
2015	11	-	961.60
2015	12	-	899.87
2016	1	-	894.92
2016	2	-	951.87
2016	3	-	978.82
2016	4	-	975.84
2016	5	-	986.24
2016	6	-	1,018.77
2016	7	-	1,030.98
2016	8	-	1,026.46
2016	9	-	1,021.27
2016	10	-	1,033.53
2016	11	-	1,074.32
2016	12	-	1,089.76
2017	1	-	1,117.84
2017	2	-	1,137.39
2017	3	-	1,135.64
2017	4	-	1,154.86
2017	5	-	1,175.37
2017	6	-	1,186.99
2017	7	-	1,189.93
2017	8	-	1,209.60
2017	9	-	1,242.68
2017	10	-	1,262.43
2017	11	-	1,298.84
2017	12	-	1,361.98
2018	1	-	1,322.67
2018	2	-	1,323.52
2018	3	-	1,301.50
2018	4	-	1,327.03
2018	5	-	1,355.07
2018	6	-	1,376.49
2018	7	-	1,410.22
2018	8	-	1,433.91
2018	9	-	1,378.72
2018	10	-	1,350.10
2018	11	-	1,275.00
2018	12	-	1,297.13
2019	1	-	1,372.74
2019	2	-	1,399.48
2019	3	-	1,451.58
2019	4	-	1,429.35
2019	5	-	1,449.43
2019	6	-	1,504.90
2019	7	-	1,457.73
2019	8	-	1,502.71
2019	9	-	1,502.85
2019	10	-	1,569.48
2019	11	-	1,608.24
2019	12	-	1,662.06
2020	1	-	1,664.09
2020	2	-	1,349.28
2020	3	-	1,407.55
2020	4	-	1,490.42
2020	5	-	1,587.42
2020	6	-	1,642.60
2020	7	-	1,739.41
2020	8	-	1,728.50
2020	9	-	1,758.34
2020	10	-	1,827.87
2020	11	-	1,905.73
2020	12	-	1,959.00
2021	1	-	2,007.81
2021	2	-	2,024.31
2021	3	-	2,146.20
2021	4	-	2,162.51
2021	5	-	2,201.67
2021	6	-	2,269.22
2021	7	-	2,318.80
2021	8	-	2,316.84
2021	9	-	2,327.32
2021	10	-	2,437.75
2021	11	-	2,444.22
2021	12	-	2,394.06
2022	1	-	2,324.57
2022	2	-	2,303.82
2022	3	-	2,306.55
2022	4	-	2,124.96
2022	5	-	2,053.36
2022	6	-	2,062.90
2022	7	-	2,195.91
2022	8	-	2,036.10
2022	9	-	1,973.16
2022	10	-	2,077.45
2022	11	-	2,077.67
2022	12	-	2,106.27
2023	1	-	2,172.55
2023	2	-	2,116.38
2023	3	-	2,200.96
2023	4	-	2,217.20
2023	5	-	2,326.77
2023	6	-	2,416.96
2023	7	-	2,389.77
2023	8	-	2,421.09

Click to show 390 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

What is the average return of the S&P 500 since 1990? ›

Stock market returns since 1990

This is a return on investment of 2,853.46%, or 10.36% per year. This lump-sum investment beats inflation during this period for an inflation-adjusted return of about 1,131.13% cumulatively, or 7.59% per year.

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

Basic Info. S&P 500 10 Year Return is at 174.4%, compared to 167.3% last month and 156.3% last year. This is higher than the long term average of 114.8%.

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How much was $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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How much was $10,000 invested in the S&P 500 in 2000? ›

$10,000 invested in the S&P 500 at the beginning of 2000 would have grown to $32,527 over 20 years — an average return of 6.07% per year.

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What is the average S&P 500 return over 50 years? ›

Stock Market Average Yearly Return for the Last 50 Years

The average yearly return of the S&P 500 is 11.35% over the last 50 years, as of the end of April 2024. This assumes dividends are reinvested. Adjusted for inflation, the 50-year average stock market return (including dividends) is 7.26%.

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What is the average return of the S&P 500 without dividends? ›

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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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 safest investment with the highest return? ›

These seven low-risk but potentially high-return investment options can get the job done:

Money market funds.
Dividend stocks.
Bank certificates of deposit.
Annuities.
Bond funds.
High-yield savings accounts.
60/40 mix of stocks and bonds.

May 13, 2024

Get More Info Here ›

Does 401k double every 7 years? ›

One of those tools is known as the Rule 72. For example, let's say you have saved $50,000 and your 401(k) holdings historically has a rate of return of 8%. 72 divided by 8 equals 9 years until your investment is estimated to double to $100,000.

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What is the average stock market return over 40 years? ›

Stock Market Historical Returns

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

What if I invested $1000 in S&P 500 20 years ago? ›

2024, the S&P 500 has posted an average annual return of 9.74%, right about in line with its long-term average. Here's how much you would have now if you invested in the S&P 500 20 years ago, based on varying starting amounts: $1,000 would grow to $2,533. $5,000 would grow to $12,665.

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How much is $1 million in 1990 worth today? ›

Over the last 31 years, there has been approximately a 104.3% cumulative rate of inflation to the value of $1,000,000.00 USD in 1990. At today's current value, that quantity back then is worth about $2,043,259.37 USD. Pretty sad and alarming, to be honest.

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What would $1,000 in 1990 be worth today? ›

$1,000 in 1990 is equivalent in purchasing power to about $2,239.14 in 2022, an increase of $1,239.14 over 32 years. The dollar had an average inflation rate of 2.55% per year between 1990 and 2022, producing a cumulative price increase of 123.91%.

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What is the average return of the S&P last 40 years? ›

Stock Market Historical Returns

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

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What is the average return of the Nasdaq 100 last 30 years? ›

Average Stock Market Return Over the Last 30 Years

The Nasdaq has an average annualized return of 10.4% for the past 30 years.

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What is the average return on bonds last 20 years? ›

If you purchase a 10-year Treasury at time of writing, you could expect a yield of about 4.45%. Based on yields over the past 20 years, you can expect average interest payments of between 3% and 4%.

Keep Reading ›