S&P 500: $100 in 1873 → $51,374,734.64 in 2023

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Stock market returns between 1873 and 2023

If you invested $100 in the S&P 500 at the beginning of 1873, you would have about $51,374,734.64 at the end of 2023, assuming you reinvested all dividends. This is a return on investment of 51,374,634.64%, or 9.12% per year.

This lump-sum investment beats inflation during this period for an inflation-adjusted return of about 2,023,176.77% cumulatively, or 6.80% per year.

If you used dollar-cost averaging (monthly) instead of a lump-sum investment, you'd have $52,405,782.13.

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.

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 $100 is $51,374,634.64, or 51,374,634.64%. This means by 2023 you would have $51,374,734.64 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 1873 was 12.000 and the CPI in 2023 was 304.702.

The ratio between these CPIs describes how relative buying power of a dollar has changed over 150 years.

Adjusted for inflation, the $51,374,734.64 nominal end value of the original $100 investment would have a real return of roughly $2,023,176.77 in 1873 dollars. This means the inflation-adjusted return is 2,023,176.77% as opposed to the original 51,374,634.64%.

For more information on inflation, see our U.S. inflation calculator for 1873.

Full monthly data

The table below shows the full dataset pertaining to a $100 investment, including gains and losses over the 1808-month period between 1873 and 2023.

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

YearMonthReturn (%)Amount ($)
187311.28%101.28
18732-0.28%100.99
18733-0.87%100.11
187340.71%100.82
18735-0.87%99.95
187360.33%100.27
187370.53%100.81
18738-7.11%93.64
18739-8.13%86.03
187310-2.93%83.50
18731110.08%91.92
1873126.05%97.49
187413.59%100.99
18742-0.89%100.10
18743-2.17%97.93
18744-2.01%95.96
187450.17%96.12
187460.62%96.71
187470.84%97.52
187482.18%99.65
187490.39%100.03
1874101.49%101.53
187411-0.05%101.47
1874120.61%102.08
187510.38%102.47
187521.92%104.44
187531.89%106.42
18754-3.30%102.91
18755-1.42%101.45
187560.83%102.29
187571.05%103.36
18758-0.32%103.03
18759-1.02%101.98
1875102.22%104.25
1875110.58%104.85
1875122.63%107.61
187611.91%109.66
187620.33%110.02
18763-3.22%106.48
18764-3.11%103.17
18765-0.12%103.05
18766-0.60%102.43
18767-3.54%98.80
18768-5.47%93.40
187690.14%93.53
187610-1.23%92.38
1876110.14%92.51
187612-0.14%92.38
18771-5.23%87.54
18772-4.39%83.70
18773-6.54%78.23
187740.75%78.81
18775-6.42%73.75
187765.14%77.55
187777.71%83.52
187786.85%89.24
187792.72%91.67
187710-0.99%90.77
1877110.20%90.95
1877120.49%91.39
18781-1.67%89.87
187822.38%92.01
187833.26%95.01
187840.77%95.73
187852.56%98.19
187862.50%100.64
18787-0.42%100.22
187882.47%102.70
18789-0.70%101.97
1878100.15%102.13
187811-0.14%101.98
1878124.20%106.27
187914.05%110.57
18792-1.21%109.24
187933.71%113.29
187944.92%118.87
187950.91%119.95
187962.42%122.85
187971.14%124.25
187984.08%129.32
1879911.29%143.91
1879105.69%152.11
1879110.13%152.31
1879124.20%158.70
188012.10%162.03
188022.26%165.69
18803-1.93%162.50
18804-7.56%150.21
188050.81%151.43
188064.99%158.99
188073.98%165.33
188080.19%165.65
188093.29%171.10
1880105.64%180.75
1880114.48%188.85
1880126.36%200.87
188110.03%200.94
188121.50%203.95
188130.05%204.04
188144.88%213.99
188151.60%217.41
18816-3.13%210.61
18817-1.98%206.45
188181.21%208.95
18819-1.19%206.45
1881101.07%208.66
188111-2.48%203.48
188112-1.05%201.34
18821-1.75%197.82
188220.29%198.39
188230.46%199.31
18824-0.75%197.81
18825-0.06%197.70
188266.10%209.76
188273.44%216.99
188281.40%220.03
18829-2.30%214.98
188210-3.84%206.71
1882110.98%208.73
188212-0.06%208.61
18831-1.78%204.90
188321.70%208.39
188332.55%213.72
18834-1.24%211.06
188351.33%213.87
18836-1.08%211.56
18837-4.06%202.97
188381.59%206.20
18839-2.22%201.63
1883102.00%205.65
188311-1.70%202.16
188312-2.48%197.15
188413.23%203.52
188420.14%203.79
18843-4.02%195.61
18844-7.57%180.80
18845-3.51%174.45
188460.60%175.50
188476.87%187.56
18848-2.61%182.67
18849-2.70%177.74
188410-1.44%175.18
1884110.37%175.83
188412-1.71%172.82
188513.66%179.15
188520.80%180.58
188530.33%181.18
18854-0.60%180.09
188550.08%180.24
188564.25%187.90
188576.11%199.38
18858-0.81%197.77
188596.27%210.16
1885106.93%224.73
188511-0.37%223.89
1885120.38%224.75
188612.30%229.93
18862-1.70%226.02
18863-0.97%223.82
18864-1.57%220.30
188654.97%231.24
188661.89%235.61
188671.11%238.22
188682.96%245.27
188692.88%252.33
1886102.81%259.42
188611-2.27%253.52
188612-0.74%251.65
18871-0.38%250.68
188722.69%257.42
188732.63%264.18
188742.05%269.61
18875-2.55%262.72
18876-2.10%257.20
18877-2.15%251.67
18878-0.92%249.36
18879-2.97%241.96
1887102.32%247.56
188711-0.18%247.12
1887121.15%249.97
18881-0.18%249.53
18882-3.40%241.05
188830.80%242.97
188841.77%247.27
18885-2.71%240.58
188862.99%247.79
188872.53%254.05
188882.85%261.29
18889-0.19%260.79
188810-1.69%256.37
188811-1.54%252.42
1888122.32%258.28
188911.51%262.18
18892-1.72%257.67
188930.17%258.12
188943.07%266.04
188952.05%271.48
18896-1.69%266.90
188971.67%271.37
188982.77%278.88
18899-1.48%274.75
188910-0.58%273.14
188911-0.22%272.55
1889121.47%276.56
18901-0.77%274.42
18902-0.41%273.30
189032.43%279.95
189044.61%292.84
18905-0.39%291.71
18906-0.39%290.58
18907-2.02%284.72
18908-1.32%280.95
18909-4.17%269.25
189010-6.92%250.61
189011-1.95%245.73
1890125.62%259.53
189111.62%263.73
18912-1.46%259.87
189133.71%269.51
18914-0.03%269.42
18915-1.65%264.97
18916-1.27%261.60
189173.74%271.38
189188.49%294.41
189190.34%295.43
189110-1.16%292.01
1891113.40%301.93
1891122.19%308.53
189210.52%310.12
189221.42%314.54
189230.16%315.03
189240.34%316.10
18925-0.20%315.48
189260.35%316.57
189271.79%322.25
18928-2.15%315.33
189292.36%322.79
1892100.00%322.77
189211-0.72%320.45
1892122.18%327.43
18931-1.42%322.76
18932-3.26%312.23
189330.38%313.41
18934-8.47%286.87
18935-4.33%274.44
18936-8.88%250.06
18937-1.90%245.30
189387.61%263.98
189393.45%273.07
1893102.02%278.58
189311-3.05%270.09
189312-1.57%265.85
189411.86%270.81
189423.43%280.10
189431.77%285.07
18944-3.29%275.70
18945-0.92%273.16
18946-1.63%268.70
189474.21%280.01
189482.01%285.63
18949-2.72%277.88
1894100.42%279.03
189411-0.51%277.60
189412-0.76%275.51
18951-1.00%272.74
189520.41%273.86
189534.70%286.74
189545.88%303.60
189552.32%310.64
189560.78%313.06
189571.83%318.80
189580.97%321.89
18959-1.12%318.30
189510-3.03%308.66
189511-5.53%291.57
189512-0.79%289.27
189614.58%302.53
18962-1.22%298.84
189631.27%302.63
18964-0.10%302.33
18965-1.47%297.90
18966-6.12%279.65
18967-5.31%264.79
189685.65%279.75
189692.62%287.09
1896107.20%307.76
189611-3.31%297.58
1896120.36%298.64
18971-0.59%296.87
189720.60%298.64
18973-2.74%290.45
189740.86%292.95
189755.02%307.67
189764.80%322.44
189776.84%344.49
189785.16%362.26
18979-2.91%351.71
189710-3.22%340.40
1897112.47%348.82
1897123.05%359.47
189810.11%359.85
18982-4.20%344.72
18983-1.39%339.93
189846.90%363.40
189854.22%378.75
189860.71%381.43
189874.05%396.90
189880.12%397.36
18989-1.78%390.28
1898103.62%404.40
1898116.51%430.74
1898127.91%464.80
189914.06%483.66
189921.69%491.85
189931.51%499.29
18994-3.91%479.79
18995-1.98%470.29
189963.74%487.88
189972.82%501.65
18998-0.82%497.54
18999-0.20%496.54
1899102.17%507.30
189911-6.54%474.12
1899121.62%481.80
190012.10%491.92
190021.11%497.36
190031.59%505.26
19004-4.42%482.94
19005-2.64%470.20
190060.36%471.90
190071.74%480.11
19008-1.98%470.61
190094.02%489.53
1900108.22%529.74
1900116.39%563.62
1900123.28%582.08
190112.90%598.97
190123.93%622.54
190138.73%676.87
19014-4.72%644.90
1901510.29%711.28
19016-6.40%665.75
190171.71%677.16
19018-0.17%675.99
19019-0.80%670.60
1901102.48%687.25
190111-1.28%678.45
1901122.47%695.24
190211.19%703.52
190220.45%706.68
190233.74%733.13
190240.08%733.73
19025-0.27%731.73
190262.58%750.62
190272.99%773.07
190280.53%777.20
19029-2.86%755.01
190210-3.53%728.35
190211-1.97%713.98
1902125.43%752.78
19031-0.26%750.79
19032-3.59%723.81
19033-3.74%696.75
19034-1.57%685.79
19035-5.16%650.43
19036-4.20%623.10
19037-2.80%605.68
19038-1.98%593.68
19039-2.80%577.05
1903100.78%581.55
1903115.08%611.10
1903122.12%624.04
19041-2.26%609.92
190420.13%610.73
190432.91%628.48
19044-1.69%617.89
190450.58%621.48
190464.57%649.88
190473.79%674.53
190484.81%706.96
190496.24%751.06
1904105.76%794.32
1904111.30%804.64
1904122.49%824.71
190514.70%863.45
190523.14%890.54
19053-0.93%882.30
19054-4.63%841.48
190551.49%854.01
190563.45%883.47
190574.02%919.01
190580.62%924.69
190591.70%940.43
190510-0.24%938.14
1905112.76%964.08
1905123.75%1,000.20
19061-0.43%995.95
19062-2.16%974.45
19063-1.06%964.15
19064-2.34%941.60
190651.63%956.98
19066-2.25%935.41
190677.74%1,007.78
190683.41%1,042.10
19069-2.67%1,014.24
1906102.39%1,038.46
190611-0.58%1,032.49
190612-2.51%1,006.61
19071-2.79%978.56
19072-9.46%885.97
190730.89%893.84
19074-3.05%866.62
19075-2.78%842.51
190764.27%878.51
19077-7.06%816.49
19078-0.59%811.67
19079-10.39%727.32
190710-5.33%688.56
1907115.70%727.82
1907124.82%762.90
19081-3.12%739.11
190824.64%773.39
190835.91%819.08
190845.88%867.22
190850.59%872.37
190864.12%908.34
190874.73%951.32
19088-0.67%944.92
190891.64%960.43
1908107.18%1,029.41
1908112.65%1,056.64
1908120.70%1,064.05
19091-2.50%1,037.46
190921.75%1,055.61
190934.87%1,106.98
190943.70%1,147.90
190952.13%1,172.30
190961.79%1,193.23
190972.77%1,226.28
190980.45%1,231.77
190990.74%1,240.93
190910-0.14%1,239.25
1909111.54%1,258.29
190912-1.78%1,235.89
19101-3.21%1,196.27
191022.85%1,230.37
19103-2.04%1,205.33
19104-1.26%1,190.14
19105-4.42%1,137.57
19106-4.64%1,084.81
191072.87%1,115.96
191081.11%1,128.36
191095.03%1,185.16
1910100.31%1,188.82
191011-2.37%1,160.59
1910122.86%1,193.83
191112.15%1,219.48
19112-0.75%1,210.32
19113-0.01%1,210.21
191142.58%1,241.40
191152.42%1,271.41
19116-0.01%1,271.30
19117-4.37%1,215.74
19118-5.03%1,154.65
191191.03%1,166.52
1911104.46%1,218.58
1911110.87%1,229.22
1911120.54%1,235.85
19121-0.45%1,230.33
191223.31%1,271.06
191233.54%1,316.08
191240.31%1,320.12
191250.41%1,325.57
191260.52%1,332.43
191272.71%1,368.50
191280.91%1,381.02
191290.20%1,383.79
191210-0.71%1,373.93
191211-3.19%1,330.15
191212-0.43%1,324.47
19131-3.12%1,283.17
19132-1.45%1,264.58
191330.34%1,268.89
19134-2.28%1,240.02
19135-4.56%1,183.45
191361.85%1,205.32
191373.16%1,243.39
191381.42%1,261.05
19139-2.70%1,227.05
191310-2.06%1,201.79
1913110.37%1,206.27
1913124.60%1,261.79
191411.79%1,284.34
19142-1.42%1,266.03
19143-1.94%1,241.50
191441.09%1,255.00
19145-0.03%1,254.68
19146-5.07%1,191.02
191470.48%1,196.77
191480.48%1,202.49
191490.47%1,208.16
1914100.47%1,213.80
191411-3.84%1,167.24
1914122.24%1,193.45
19151-0.87%1,183.09
191523.05%1,219.18
191537.99%1,316.65
19154-1.90%1,291.62
191551.58%1,311.99
191560.07%1,312.87
191574.69%1,374.42
191584.14%1,431.29
191595.95%1,516.51
1915103.89%1,575.53
1915110.59%1,584.82
191512-1.20%1,565.73
19161-1.00%1,550.08
191620.08%1,551.37
19163-0.67%1,540.97
191642.64%1,581.65
191651.41%1,603.89
19166-0.95%1,588.68
191671.22%1,607.99
191684.55%1,681.14
191693.55%1,740.87
1916102.75%1,788.82
191611-3.57%1,725.00
191612-1.87%1,692.73
19171-5.15%1,605.63
191723.64%1,664.04
19173-0.97%1,647.84
19174-2.83%1,601.17
191752.61%1,642.95
19176-2.19%1,606.98
19177-2.36%1,569.13
19178-4.17%1,503.62
19179-4.74%1,432.29
191710-7.61%1,323.32
191711-2.61%1,288.85
1917126.88%1,377.45
191813.84%1,430.31
19182-1.27%1,412.18
19183-0.21%1,409.27
191843.94%1,464.82
191850.85%1,477.29
191861.51%1,499.59
191871.62%1,523.89
191880.14%1,526.07
191894.91%1,600.95
1918103.17%1,651.70
191811-1.39%1,628.82
191812-0.03%1,628.30
191910.98%1,644.32
191923.64%1,704.20
191933.90%1,770.66
191947.47%1,902.86
191953.19%1,963.55
191963.75%2,037.28
19197-6.25%1,909.94
191982.09%1,949.83
191995.60%2,059.12
191910-2.48%2,007.96
191911-2.45%1,958.68
191912-0.51%1,948.61
19201-7.77%1,797.23
192027.58%1,933.44
19203-0.30%1,927.59
19204-5.77%1,816.33
19205-1.20%1,794.58
192060.42%1,802.13
19207-3.37%1,741.34
192084.12%1,813.07
192090.67%1,825.26
192010-4.53%1,742.52
192011-8.39%1,596.37
1920125.03%1,676.66
19211-0.11%1,674.81
19212-1.96%1,642.02
192131.04%1,659.08
192143.63%1,719.37
19215-7.43%1,591.57
192160.31%1,596.53
19217-0.61%1,586.76
192183.10%1,635.90
192191.96%1,667.92
1921105.96%1,767.25
1921114.09%1,839.52
1921120.39%1,846.65
192212.72%1,896.91
192224.28%1,978.03
192236.58%2,108.20
192244.38%2,200.57
19225-0.47%2,190.27
192261.19%2,216.30
192274.24%2,310.26
192283.07%2,381.19
192292.67%2,444.65
192210-4.52%2,334.25
1922110.25%2,340.12
1922121.85%2,383.43
192314.75%2,496.62
192322.08%2,548.48
19233-3.04%2,470.89
19234-4.25%2,365.83
19235-3.31%2,287.57
19236-2.84%2,222.65
192371.04%2,245.67
192381.16%2,271.62
19239-0.94%2,250.37
1923103.54%2,329.93
1923113.92%2,421.22
1923123.79%2,513.02
192410.95%2,537.01
19242-1.42%2,501.10
19243-1.79%2,456.42
192440.17%2,460.67
192452.42%2,520.19
192465.16%2,650.14
192473.93%2,754.37
19248-0.48%2,741.18
19249-0.81%2,719.08
1924106.08%2,884.53
1924115.87%3,053.80
1924124.58%3,193.82
192511.29%3,234.93
19252-2.19%3,164.14
19253-0.61%3,144.92
192543.67%3,260.32
192552.24%3,333.32
192563.22%3,440.70
192571.79%3,502.16
192582.74%3,598.23
192593.73%3,732.33
1925103.53%3,863.95
1925112.04%3,942.64
1925121.93%4,018.58
192610.56%4,041.01
19262-6.38%3,783.07
19263-2.35%3,693.98
192641.15%3,736.61
192655.22%3,931.56
192664.66%4,114.59
192674.39%4,295.33
192681.94%4,378.82
19269-1.83%4,298.48
1926101.74%4,373.18
1926112.71%4,491.50
192612-0.24%4,480.68
192712.37%4,587.03
192721.97%4,677.23
192732.88%4,811.84
192743.87%4,997.99
192751.70%5,083.08
192762.62%5,216.50
192775.73%5,515.16
192786.06%5,849.56
19279-1.17%5,781.36
1927102.66%5,934.93
1927112.72%6,096.21
1927120.77%6,143.05
19281-0.83%6,092.15
192825.75%6,442.22
192836.66%6,871.41
192843.44%7,107.45
19285-4.57%6,782.97
192861.09%6,856.97
192873.59%7,103.21
192887.37%7,627.01
192892.36%7,806.85
1928107.08%8,359.74
1928110.70%8,417.84
1928127.69%9,065.39
192910.81%9,138.93
192922.05%9,326.35
19293-0.30%9,298.23
192941.80%9,465.28
192952.20%9,673.69
192969.20%10,563.69
192975.96%11,193.01
192984.24%11,668.06
19299-10.32%10,463.35
192910-26.19%7,722.91
1929114.37%8,060.64
1929121.83%8,207.86
193016.64%8,752.61
193024.12%9,113.41
193036.69%9,722.89
19304-5.65%9,173.39
19305-9.77%8,277.20
19306-1.76%8,131.52
19307-0.90%8,058.67
193080.34%8,086.34
19309-13.37%7,005.10
193010-6.80%6,528.78
193011-6.19%6,124.80
1930123.56%6,342.65
193118.14%6,858.86
193122.38%7,022.13
19313-9.08%6,384.54
19314-9.16%5,799.72
19315-2.68%5,644.35
193163.86%5,862.07
19317-2.49%5,716.39
19318-14.37%4,895.03
19319-12.75%4,270.91
1931102.05%4,358.64
193111-18.10%3,569.74
193112-0.85%3,539.43
19321-0.05%3,537.77
193221.14%3,578.13
19323-23.22%2,747.13
19324-11.31%2,436.31
19325-12.39%2,134.41
193266.18%2,266.41
1932751.35%3,430.28
1932810.37%3,785.86
19329-13.22%3,285.51
193210-0.34%3,274.48
193211-2.64%3,188.04
1932124.57%3,333.73
19331-11.27%2,958.16
193320.33%2,968.02
1933311.24%3,301.70
1933429.32%4,269.69
1933517.58%5,020.42
193368.46%5,445.23
19337-4.64%5,192.48
19338-0.48%5,167.34
19339-9.38%4,682.80
1933102.80%4,813.97
1933112.32%4,925.74
1933126.08%5,225.47
193417.75%5,630.39
19342-4.80%5,360.21
193432.02%5,468.45
19344-9.83%4,931.09
193451.70%5,015.05
19346-4.36%4,796.62
19347-3.51%4,628.03
19348-2.01%4,535.08
193491.21%4,589.87
1934103.21%4,737.24
1934111.06%4,787.41
1934120.40%4,806.80
19351-2.62%4,680.92
19352-5.93%4,403.35
193537.94%4,752.84
193548.27%5,145.70
193554.17%5,360.47
193565.60%5,660.63
193577.10%6,062.81
193582.43%6,210.33
193592.99%6,395.77
1935109.71%7,016.83
1935110.29%7,037.46
1935125.82%7,447.17
193616.03%7,896.38
193622.41%8,086.78
193630.41%8,120.34
19364-5.02%7,712.72
193654.57%8,065.48
193666.23%8,568.31
193672.30%8,765.17
193681.44%8,891.74
193695.55%9,385.27
1936103.10%9,676.38
193611-1.40%9,540.90
1936123.46%9,870.86
193713.30%10,196.80
193720.23%10,220.26
19373-5.62%9,645.41
19374-4.09%9,251.31
19375-3.34%8,942.46
193766.39%9,514.23
193771.44%9,650.92
19378-13.76%8,322.68
19379-14.10%7,149.38
193710-8.27%6,558.45
193711-1.02%6,491.60
1937123.24%6,701.70
19381-1.80%6,580.89
19382-6.02%6,184.82
19383-3.44%5,971.86
193841.56%6,064.78
193852.93%6,242.70
1938620.49%7,521.60
193871.06%7,601.15
19388-4.08%7,290.70
1938911.62%8,137.66
1938100.47%8,175.56
193811-2.55%7,967.06
193812-1.16%7,874.45
19391-0.46%7,838.40
193920.27%7,859.30
19393-12.24%6,897.24
193944.10%7,179.76
193952.17%7,335.69
193962.84%7,543.73
19397-1.07%7,463.21
1939811.06%8,288.32
193991.38%8,402.98
193910-1.41%8,284.65
193911-1.97%8,121.18
193912-0.15%8,109.14
19401-0.23%8,090.65
19402-0.15%8,078.88
194031.42%8,193.58
19404-13.34%7,100.47
19405-8.09%6,525.73
194063.87%6,778.23
194072.65%6,957.84
194084.76%7,288.87
194091.47%7,395.73
1940102.85%7,606.52
194011-3.59%7,333.46
1940120.72%7,386.27
19411-5.72%6,963.48
194121.18%7,045.43
19413-2.55%6,866.05
19414-1.59%6,757.03
194154.11%7,034.50
194165.71%7,436.31
194170.08%7,441.95
194180.86%7,506.13
19419-3.43%7,248.35
194110-4.08%6,952.38
194111-5.88%6,543.47
1941122.62%6,714.65
19421-2.48%6,548.18
19422-4.76%6,236.33
19423-3.45%6,020.96
194241.87%6,133.59
194255.75%6,486.17
194264.38%6,770.37
194270.05%6,773.42
194281.66%6,886.00
194297.97%7,434.72
1942102.15%7,594.92
1942111.06%7,675.12
1942126.50%8,174.30
194316.43%8,700.22
194324.01%9,049.50
194333.79%9,392.16
194344.36%9,801.98
194352.18%10,015.63
194362.47%10,263.26
19437-4.54%9,797.42
194382.55%10,047.55
19439-0.50%9,997.27
194310-4.21%9,576.74
1943111.77%9,746.26
1943123.67%10,103.54
19441-0.24%10,078.91
194423.24%10,405.50
19443-1.31%10,269.34
194442.20%10,495.58
194455.14%11,035.30
194463.02%11,368.45
19447-1.06%11,248.45
19448-1.23%11,110.64
194492.88%11,431.02
194410-0.28%11,398.56
1944112.60%11,694.93
1944123.38%12,090.71
194513.73%12,542.09
194520.31%12,581.57
194532.90%12,946.62
194544.16%13,485.30
194552.19%13,780.28
19456-1.70%13,546.65
194570.71%13,642.38
194587.18%14,621.83
194594.51%15,281.85
1945103.61%15,832.92
1945112.02%16,153.48
1945124.30%16,847.90
194610.59%16,946.59
19462-2.68%16,492.79
194636.77%17,609.24
194640.52%17,700.46
19465-0.34%17,640.51
19466-2.55%17,191.11
19467-1.62%16,912.00
19468-14.42%14,472.87
19469-1.87%14,201.93
194610-0.01%14,200.06
1946113.39%14,682.04
1946120.92%14,817.08
194714.27%15,449.75
19472-3.67%14,882.34
19473-3.30%14,391.49
19474-1.36%14,195.45
194753.92%14,752.00
194766.69%15,739.44
19477-1.56%15,494.09
19478-2.17%15,158.35
194793.03%15,617.16
194710-0.73%15,503.16
194711-1.12%15,329.15
194712-0.86%15,196.57
19481-4.45%14,520.54
194821.92%14,799.16
194838.19%16,010.87
194845.33%16,864.26
194854.59%17,637.86
19486-1.96%17,292.68
19487-2.49%16,862.36
19488-0.68%16,748.05
194893.19%17,282.05
194810-5.10%16,400.51
194811-0.16%16,374.59
1948121.63%16,641.39
19491-3.33%16,087.64
194921.49%16,327.57
194930.41%16,395.10
19494-0.18%16,365.13
19495-4.91%15,561.14
194966.26%16,535.80
194974.17%17,225.42
194981.87%17,547.74
194993.14%18,099.06
1949101.95%18,451.53
1949113.24%19,049.65
1949122.63%19,550.65
195012.52%20,043.86
195021.38%20,319.50
195033.39%21,007.55
195043.91%21,829.87
195052.16%22,302.42
19506-6.72%20,802.90
195076.64%22,183.71
195084.11%23,095.16
195094.72%24,185.56
1950100.38%24,276.51
1950110.19%24,323.78
1950128.01%26,272.76
195114.31%27,404.79
19512-1.11%27,099.95
195131.93%27,621.98
195140.63%27,795.60
19515-1.15%27,477.33
195162.37%28,127.60
195174.97%29,524.22
195183.14%30,450.03
195190.03%30,458.68
195110-2.25%29,772.33
1951113.61%30,848.06
1951123.83%32,030.72
19521-1.33%31,604.06
195220.75%31,840.99
195230.20%31,905.63
195240.46%32,052.35
195253.24%33,092.39
195263.37%34,206.56
195270.88%34,507.75
19528-1.11%34,125.17
19529-1.61%33,575.47
1952103.67%34,806.83
1952114.51%36,376.28
1952120.99%36,735.99
19531-0.77%36,451.84
195320.96%36,800.72
19533-4.47%35,154.67
195341.00%35,507.18
19535-3.11%34,403.73
195361.91%35,062.12
195370.90%35,377.28
19538-4.11%33,924.38
195393.52%35,117.39
1953102.71%36,068.46
1953111.84%36,730.94
1953123.02%37,841.65
195412.68%38,854.41
195422.58%39,857.79
195434.45%41,631.66
195444.42%43,472.83
195451.22%44,004.54
195464.46%45,965.95
195472.39%47,066.49
195482.74%48,356.03
195492.71%49,666.79
1954104.30%51,803.55
1954114.95%54,369.54
1954122.17%55,548.56
195513.70%57,606.49
19552-0.44%57,355.09
195533.81%59,539.30
19554-0.08%59,492.43
195556.15%63,148.30
195567.64%67,975.44
19557-0.30%67,771.98
195584.82%71,036.16
19559-4.72%67,679.81
1955107.07%72,462.17
1955111.24%73,358.65
195512-2.39%71,607.01
195610.95%72,286.86
195627.21%77,495.92
195631.48%78,645.00
19564-2.84%76,412.68
19565-0.26%76,212.46
195665.75%80,593.82
19567-0.28%80,364.35
19568-3.09%77,882.02
19569-0.95%77,139.34
195610-0.71%76,589.75
1956111.81%77,975.22
195612-1.86%76,522.84
19571-4.00%73,465.16
195721.62%74,655.69
195732.64%76,629.61
195744.16%79,817.55
195751.95%81,377.33
195762.32%83,267.00
19577-5.21%78,932.86
19578-3.74%75,981.20
19579-5.90%71,500.88
195710-1.80%70,213.55
1957110.32%70,436.87
1957122.33%72,077.13
195810.70%72,583.02
195822.42%74,338.77
195830.90%75,005.19
195843.56%77,673.75
195852.74%79,798.27
195863.07%82,248.69
195874.05%85,583.30
195882.94%88,102.65
195894.36%91,943.05
1958103.33%95,001.30
1958112.16%97,055.64
1958124.25%101,185.05
19591-1.27%99,905.03
195922.81%102,708.54
195931.94%104,697.43
195941.77%106,545.78
19595-0.61%105,899.83
195964.23%110,376.83
19597-0.32%110,025.27
19598-3.70%105,950.77
195990.18%106,138.04
1959100.67%106,848.21
1959113.46%110,548.49
195912-1.49%108,905.99
19601-3.61%104,975.31
19602-1.08%103,843.52
196031.58%105,488.68
19604-0.62%104,829.87
196053.99%109,010.57
19606-2.20%106,616.57
196071.49%108,206.08
19608-2.72%105,262.05
19609-1.67%103,500.00
1960103.54%107,164.79
1960112.69%110,048.21
1960125.43%116,020.46
196114.37%121,095.33
196123.40%125,208.99
196132.92%128,863.85
196141.26%130,491.86
19615-1.08%129,082.28
19616-0.03%129,046.22
196173.84%134,000.27
19618-0.54%133,274.38
196191.34%135,064.32
1961104.77%141,509.66
1961111.16%143,155.43
196112-3.49%138,163.42
196211.91%140,801.64
196220.34%141,281.77
19623-2.94%137,121.10
19624-7.19%127,268.84
19625-11.41%112,743.97
196262.72%115,807.63
196273.02%119,308.54
19628-0.59%118,600.63
19629-2.86%115,213.01
1962107.20%123,509.34
1962114.62%129,220.13
1962124.15%134,578.51
196311.60%136,725.76
19632-0.11%136,577.69
196334.98%143,376.77
196342.27%146,630.80
196350.22%146,948.45
19636-1.22%145,152.90
196373.03%149,552.69
196382.89%153,880.18
196390.50%154,649.40
196310-0.31%154,175.29
1963112.39%157,865.25
1963123.33%163,122.46
196411.48%165,536.53
196422.07%168,964.85
196431.69%171,825.60
196441.22%173,922.50
19645-0.35%173,312.61
196463.96%180,177.58
19647-1.23%177,969.21
196481.97%181,467.10
196491.97%185,042.34
1964100.94%186,776.09
196411-1.49%183,992.52
1964122.82%189,182.56
196510.98%191,027.20
196520.34%191,668.24
196531.56%194,653.74
196541.73%198,026.31
19655-4.51%189,100.56
196560.10%189,295.13
196572.12%193,305.51
196583.60%200,256.99
196592.50%205,257.07
1965101.08%207,465.58
196511-0.21%207,026.56
1965121.98%211,126.62
19661-0.43%210,217.89
19662-3.86%202,098.57
196633.32%208,810.17
19664-5.01%198,353.84
19665-0.56%197,244.00
196660.02%197,280.28
19667-5.77%185,898.29
19668-3.22%179,903.37
19669-0.56%178,887.98
1966105.32%188,397.77
1966110.72%189,746.31
1966124.13%197,583.39
196713.73%204,953.28
196722.63%210,351.21
196731.99%214,542.40
196742.06%218,957.00
19675-0.99%216,785.32
196761.99%221,104.59
196771.85%225,198.68
196781.65%228,923.26
196790.10%229,146.26
196710-2.88%222,542.88
1967113.11%229,467.82
196712-0.02%229,427.69
19681-4.26%219,661.00
19682-1.56%216,235.98
196837.66%232,803.40
196842.56%238,757.79
196852.94%245,778.92
196860.05%245,899.16
19687-1.93%241,143.67
196883.51%249,602.23
196892.72%256,384.36
1968101.79%260,962.75
1968111.29%264,316.94
196812-3.99%253,783.56
19691-0.24%253,178.13
19692-1.91%248,332.83
196932.27%253,980.54
196943.51%262,904.13
19695-4.97%249,834.32
19696-4.21%239,327.96
19697-0.28%238,649.19
196980.63%240,149.16
196991.35%243,382.57
1969101.00%245,810.23
196911-5.03%233,452.15
196912-0.59%232,077.04
19701-3.20%224,659.65
197022.01%229,180.40
19703-2.75%222,883.21
19704-11.20%197,922.48
19705-0.27%197,388.31
197060.52%198,419.78
197073.26%204,879.89
197086.32%217,830.96
197092.49%223,253.87
1970100.21%223,715.47
1970117.16%239,729.81
1970124.11%249,584.33
197114.15%259,944.75
197122.83%267,305.97
197133.67%277,126.42
19714-1.11%274,056.20
19715-1.60%269,682.66
19716-0.46%268,434.13
19717-1.52%264,361.68
197182.49%270,934.77
19719-1.86%265,885.41
197110-4.37%254,262.16
1971117.16%272,476.49
1971124.42%284,526.87
197212.09%290,464.85
197222.62%298,073.90
197231.26%301,826.35
19724-0.78%299,484.51
197250.52%301,030.14
19726-0.50%299,513.37
197273.78%310,846.02
19728-1.21%307,083.35
197290.42%308,365.20
1972105.25%324,567.35
1972112.31%332,069.78
1972120.99%335,355.15
19731-3.33%324,204.18
19732-1.35%319,842.50
19733-1.63%314,618.50
19734-2.57%306,533.56
19735-1.99%300,434.19
197361.21%304,070.17
19737-1.64%299,097.33
197382.00%305,065.19
197394.24%317,985.69
197310-6.85%296,194.56
197311-6.81%276,037.68
1973121.70%280,731.51
19741-2.47%273,789.41
197424.57%286,314.28
19743-4.82%272,523.56
19744-2.71%265,149.96
197450.46%266,362.31
19746-11.35%236,138.58
19747-3.76%227,248.53
19748-10.01%204,492.79
197492.38%209,353.45
1974103.74%217,190.46
197411-6.09%203,959.59
1974128.63%221,566.96
1975110.81%245,512.88
197524.97%257,723.82
197531.49%261,556.24
197546.71%279,113.56
197552.89%287,192.85
197560.43%288,433.52
19757-7.00%268,253.98
19758-0.85%265,966.63
197594.97%279,188.52
1975102.04%284,888.71
197511-1.18%281,528.06
1975129.55%308,400.71
197614.18%321,286.12
197620.80%323,864.14
197631.10%327,411.91
19764-0.38%326,157.03
197650.90%329,094.34
197662.67%337,865.88
19767-0.56%335,971.73
197682.44%344,162.33
19769-3.11%333,465.03
197610-0.37%332,242.40
1976113.79%344,822.77
197612-0.54%342,970.22
19771-2.37%334,846.61
19772-0.05%334,665.19
19773-1.19%330,670.39
197740.06%330,883.68
197750.90%333,860.86
197761.28%338,142.42
19777-2.08%331,113.72
19778-1.18%327,222.03
19779-2.20%320,030.15
1977100.98%323,170.10
197711-0.08%322,911.11
197712-3.39%311,963.27
19781-0.97%308,931.02
197820.27%309,751.74
197834.83%324,712.73
197845.50%342,585.96
197850.67%344,893.47
19786-0.06%344,678.63
197877.33%369,937.17
197880.40%371,415.77
19789-2.77%361,114.56
197810-5.44%341,478.40
1978111.92%348,044.45
1978124.19%362,611.18
19791-1.06%358,778.55
197922.34%367,178.13
197932.43%376,103.87
19794-1.89%368,984.14
197952.42%377,904.84
197961.42%383,274.28
197975.01%402,492.94
197981.54%408,693.15
19799-3.35%394,991.64
197910-0.32%393,718.05
1979114.40%411,057.38
1979123.31%424,673.50
198014.40%443,341.51
19802-8.78%404,425.77
19803-1.16%399,726.14
198045.04%419,856.90
198056.86%448,670.35
198064.97%470,966.84
198073.50%487,472.74
198082.84%501,296.53
198093.32%517,963.48
1980104.61%541,865.92
198011-1.24%535,120.88
1980120.01%535,174.32
19811-3.07%518,743.53
198124.14%540,236.64
198131.29%547,226.19
19814-1.62%538,376.07
198150.86%542,993.12
19816-2.02%532,045.02
198170.80%536,315.02
19818-8.30%491,786.48
198191.73%500,280.85
1981103.04%515,508.05
1981111.18%521,587.79
198112-4.80%496,530.09
19821-1.91%487,027.02
19822-2.74%473,660.36
198235.47%499,566.34
198240.57%502,412.10
19825-5.27%475,931.88
198260.24%477,092.42
198270.79%480,880.43
1982812.10%539,049.52
198298.88%586,924.67
1982104.50%613,335.79
1982111.36%621,649.55
1982123.93%646,053.97
198312.13%659,815.02
198323.87%685,320.92
198334.20%714,086.51
198344.42%745,677.78
198351.75%758,753.27
198360.71%764,126.25
19837-2.41%745,732.31
198383.31%770,444.64
198390.65%775,436.56
198310-1.14%766,585.55
198311-0.13%765,603.34
1983121.58%777,668.73
19841-5.11%737,912.91
198420.44%741,177.15
198430.51%744,936.40
19844-0.25%743,054.89
19845-1.85%729,320.98
19846-0.91%722,695.48
198479.21%789,230.86
198481.41%800,335.09
19849-0.41%797,034.49
1984101.29%807,283.57
198411-0.71%801,571.59
1984124.70%839,225.96
198515.79%887,794.99
19852-0.48%883,548.51
198531.02%892,602.34
198542.74%917,020.67
198552.51%940,046.76
198562.25%961,171.68
19857-1.85%943,435.08
19858-1.88%925,651.38
198591.50%939,495.09
1985106.42%999,815.52
1985115.29%1,052,750.90
1985120.75%1,060,664.73
198615.70%1,121,093.41
198626.18%1,190,408.05
198632.74%1,223,042.21
198640.49%1,229,057.50
198653.13%1,267,566.83
19866-1.80%1,244,701.02
198672.28%1,273,090.83
19868-2.46%1,241,820.72
19869-0.09%1,240,704.66
1986103.53%1,284,538.13
1986111.71%1,306,490.11
1986126.67%1,393,677.04
198716.46%1,483,734.75
198724.38%1,548,669.05
19873-0.86%1,535,406.09
198740.17%1,538,059.75
198754.50%1,607,248.49
198763.12%1,657,428.35
198776.45%1,764,398.96
19878-3.03%1,710,930.16
19879-11.85%1,508,118.46
198710-12.30%1,322,568.40
198711-1.33%1,304,916.16
1987124.25%1,360,329.97
198813.33%1,405,609.44
198823.23%1,451,039.57
19883-0.89%1,438,183.00
19884-2.19%1,406,711.72
198856.00%1,491,089.10
19886-0.31%1,486,512.64
19887-1.72%1,460,967.14
198881.93%1,489,122.44
198893.80%1,545,733.17
198810-2.02%1,514,505.54
1988112.33%1,549,732.23
1988123.51%1,604,169.02
198913.30%1,657,104.23
19892-0.16%1,654,425.37
198933.56%1,713,402.31
198944.12%1,783,913.99
198953.39%1,844,435.46
198962.80%1,896,082.88
198974.69%1,985,023.44
198980.46%1,994,065.95
198990.29%1,999,774.09
198910-1.81%1,963,507.17
1989112.74%2,017,242.59
198912-2.21%1,972,636.81
19901-2.53%1,922,784.65
199022.71%1,974,837.64
199030.20%1,978,708.04
199043.85%2,054,906.60
199053.17%2,120,046.26
199060.17%2,123,644.48
19907-7.86%1,956,699.97
19908-4.34%1,871,758.44
19909-2.32%1,828,412.84
1990102.98%1,882,969.29
1990114.59%1,969,333.66
199012-0.69%1,955,840.35
1991111.61%2,182,850.34
199123.04%2,249,309.85
199132.26%2,300,117.90
19914-0.18%2,296,003.48
199150.35%2,303,970.86
199160.78%2,321,953.03
199172.68%2,384,156.60
19918-0.30%2,376,930.20
199190.18%2,381,247.80
1991100.02%2,381,623.92
1991110.94%2,403,895.44
1991127.36%2,580,774.69
19921-0.60%2,565,268.21
19922-1.01%2,539,297.99
199230.26%2,546,009.45
199242.07%2,598,669.85
19925-1.33%2,564,130.34
199261.91%2,613,159.93
199270.94%2,637,768.58
199280.38%2,647,744.28
19929-1.18%2,616,446.47
1992102.76%2,688,579.36
1992113.27%2,776,528.17
1992120.14%2,780,495.64
199311.72%2,828,438.26
199322.15%2,889,254.00
19933-1.34%2,850,487.58
199340.72%2,871,145.75
199350.87%2,895,986.40
199360.06%2,897,753.06
199371.76%2,948,824.97
199381.35%2,988,780.72
199391.24%3,025,898.59
1993100.01%3,026,126.89
1993110.89%3,052,974.08
1993121.74%3,105,970.04
19941-0.08%3,103,618.79
19942-1.42%3,059,428.91
19943-3.35%2,957,048.87
199441.06%2,988,341.59
199451.11%3,021,455.20
19946-0.52%3,005,777.62
199473.08%3,098,418.03
199480.82%3,123,746.52
19949-0.44%3,109,876.87
199410-0.37%3,098,373.94
199411-1.03%3,066,593.73
1994122.45%3,141,761.28
199513.82%3,261,748.09
199522.56%3,345,189.15
199533.22%3,452,755.49
199543.35%3,568,345.46
199553.18%3,681,762.53
199563.55%3,812,372.32
199570.51%3,831,934.52
199583.72%3,974,392.99
199590.91%4,010,662.00
1995102.36%4,105,248.87
1995113.39%4,244,381.42
1995120.16%4,251,281.92
199615.90%4,502,294.34
19962-0.20%4,493,258.36
199630.20%4,502,111.97
199642.35%4,608,128.86
199651.28%4,667,048.08
19966-3.48%4,504,795.14
199673.08%4,643,351.50
199682.02%4,737,320.25
199694.12%4,932,474.06
1996105.05%5,181,666.68
1996111.20%5,243,754.84
1996123.26%5,414,572.25
199714.36%5,650,710.61
19972-0.62%5,615,467.95
19973-3.41%5,424,247.43
199749.22%5,924,245.38
199755.34%6,240,412.01
199765.74%6,598,357.34
199770.35%6,621,305.71
199781.19%6,700,232.20
199791.65%6,810,476.20
199710-1.15%6,732,016.57
1997112.63%6,909,379.39
1997120.24%6,925,760.72
199816.40%7,369,158.89
199825.31%7,760,672.90
199833.41%8,024,976.22
19984-0.22%8,007,172.20
199850.12%8,016,497.12
199864.47%8,374,647.46
19987-6.97%7,790,850.19
19988-4.90%7,409,219.27
199891.29%7,504,861.68
19981010.97%8,328,474.04
1998114.10%8,670,283.35
1998125.05%9,107,932.12
19991-0.07%9,101,856.21
199922.92%9,367,949.88
199934.25%9,766,089.82
19994-0.10%9,756,437.82
19995-0.61%9,696,751.14
199964.52%10,135,275.78
19997-3.77%9,752,731.38
19998-0.60%9,694,408.42
19999-1.27%9,571,049.87
1999107.11%10,251,163.85
1999112.81%10,539,091.44
199912-0.12%10,526,557.02
20001-2.48%10,265,700.80
200023.94%10,670,267.31
200031.42%10,822,282.91
20004-2.84%10,515,060.60
200053.16%10,847,702.45
200060.85%10,939,945.07
200070.94%11,042,748.95
20008-1.08%10,923,525.84
20009-5.21%10,353,948.11
200010-0.77%10,273,957.22
200011-3.32%9,932,854.27
2000120.46%9,978,049.51
20011-2.14%9,764,892.65
20012-9.08%8,878,249.87
200130.45%8,918,086.01
200146.88%9,531,590.85
20015-2.39%9,303,914.28
20016-2.66%9,056,409.03
20017-2.05%8,871,129.45
20018-11.25%7,873,364.71
200193.18%8,124,055.13
2001105.05%8,534,575.51
2001111.47%8,659,696.60
200112-0.30%8,633,917.62
20021-3.35%8,344,442.28
200224.95%8,757,097.54
20023-3.51%8,449,335.29
20024-2.82%8,211,032.65
20025-5.92%7,724,860.82
20026-10.76%6,893,781.73
200271.14%6,972,287.48
20028-4.76%6,640,564.86
20029-1.37%6,549,785.50
2002106.63%6,983,746.57
200211-1.04%6,911,460.51
200212-0.22%6,896,081.29
20031-6.41%6,453,708.99
200321.31%6,538,116.93
200335.29%6,883,712.56
200345.31%7,249,389.95
200355.70%7,662,908.55
200360.60%7,708,571.89
20037-0.17%7,695,750.67
200383.16%7,939,027.27
200392.03%8,100,017.17
2003101.21%8,198,074.86
2003113.06%8,449,248.33
2003124.93%8,866,215.47
200411.09%8,962,561.28
20042-1.57%8,822,279.56
200430.97%8,907,691.32
20044-2.56%8,679,275.54
200452.86%8,927,301.19
20046-2.24%8,727,438.59
20047-1.39%8,606,339.26
200482.78%8,845,821.36
200490.10%8,854,896.76
2004104.77%9,277,620.33
2004112.73%9,530,662.53
200412-1.35%9,402,072.78
200511.68%9,560,141.06
20052-0.26%9,535,706.48
20053-2.41%9,305,999.09
200541.34%9,430,315.19
200552.18%9,635,961.84
200561.81%9,810,159.88
200570.31%9,840,573.16
200580.28%9,868,096.31
20059-2.62%9,609,135.79
2005103.96%9,989,805.77
2005112.14%10,204,000.29
2005121.47%10,353,669.53
20061-0.02%10,351,946.70
200621.49%10,505,790.89
200630.80%10,589,661.92
20064-0.79%10,506,359.87
20065-2.71%10,222,079.52
200660.72%10,295,682.65
200672.29%10,531,634.90
200682.53%10,798,208.86
200693.62%11,188,662.71
2006102.00%11,412,619.79
2006112.15%11,657,793.10
2006120.69%11,738,561.38
200711.60%11,925,914.46
20072-2.47%11,630,880.33
200734.18%12,117,081.36
200743.39%12,528,062.85
200750.34%12,571,272.32
200760.57%12,643,509.32
20077-4.20%12,112,341.87
200783.07%12,484,765.31
200792.99%12,858,263.64
200710-4.81%12,240,255.62
2007111.24%12,391,817.02
200712-6.64%11,569,595.50
20081-1.56%11,388,651.00
20082-2.63%11,089,512.62
200834.24%11,560,129.64
200842.56%11,856,370.01
20085-4.25%11,352,879.53
20086-6.08%10,662,797.97
200872.11%10,887,840.05
20088-4.85%10,360,048.06
20089-20.19%8,267,982.94
200810-8.61%7,556,494.24
200811-0.35%7,529,954.53
200812-1.10%7,447,459.61
20091-6.70%6,948,293.15
20092-5.69%6,553,113.39
2009312.32%7,360,571.65
200946.66%7,850,772.60
200952.87%8,076,000.36
200961.28%8,179,182.74
200978.12%8,843,393.32
200983.65%9,166,207.53
200992.40%9,386,481.41
2009102.09%9,583,064.91
2009112.23%9,796,370.29
2009121.36%9,929,303.88
20101-2.90%9,641,505.66
201025.94%10,214,503.77
201034.09%10,632,065.56
20104-5.88%10,006,645.29
20105-3.54%9,652,053.40
20106-0.16%9,636,699.59
201070.86%9,719,923.25
201083.37%10,047,596.88
201094.58%10,507,519.25
2010102.49%10,769,252.57
2010113.71%11,169,194.19
2010123.46%11,555,893.27
201113.15%11,920,003.74
20112-1.11%11,787,398.35
201132.22%12,049,194.45
201140.66%12,128,626.94
20115-3.66%11,684,403.83
201163.10%12,046,823.15
20117-10.40%10,793,875.61
20118-0.79%10,708,685.48
201193.02%11,031,970.63
2011101.77%11,226,919.06
2011111.55%11,401,469.70
2011124.78%11,946,751.60
201214.16%12,444,048.11
201222.88%12,802,914.21
20123-0.04%12,798,022.18
20124-3.09%12,402,441.43
20125-1.15%12,259,514.31
201262.92%12,617,625.37
201273.39%13,045,072.77
201283.02%13,439,186.08
20129-0.22%13,410,004.94
201210-2.84%13,029,496.86
2012112.18%13,312,958.14
2012124.27%13,881,256.56
201312.33%14,205,109.31
201322.72%14,591,836.88
201331.45%14,803,971.76
201344.57%15,481,145.36
20135-1.12%15,308,100.98
201363.25%15,806,299.63
201370.25%15,846,215.01
201381.19%16,035,175.95
201392.12%16,374,728.80
2013103.86%17,006,792.36
2013111.52%17,265,578.20
2013120.97%17,432,675.79
20141-0.13%17,410,007.05
201422.72%17,883,954.33
201430.20%17,920,030.55
201441.53%18,194,571.65
201453.20%18,776,127.99
201461.50%19,056,985.43
20147-0.43%18,975,621.48
201481.78%19,313,014.45
20149-2.65%18,801,879.36
2014105.71%19,874,649.20
2014110.63%20,000,632.16
201412-1.11%19,778,616.03
201512.83%20,337,836.24
201520.06%20,349,095.96
201530.88%20,527,844.39
201540.98%20,728,792.26
20155-0.44%20,638,518.36
20156-0.08%20,622,083.89
20157-2.42%20,122,122.60
20158-4.51%19,215,199.32
201594.32%20,044,742.41
2015102.93%20,632,548.45
201511-1.10%20,404,977.66
201512-6.42%19,095,055.28
20161-0.55%18,990,049.83
201626.36%20,198,334.96
201632.83%20,770,202.39
20164-0.30%20,706,985.12
201651.07%20,927,823.09
201663.30%21,617,905.27
201671.20%21,877,159.51
20168-0.44%21,781,190.71
20169-0.51%21,670,982.03
2016101.20%21,931,285.32
2016113.95%22,796,685.91
2016121.44%23,124,418.98
201712.58%23,720,206.99
201721.75%24,135,134.34
20173-0.15%24,097,965.25
201741.69%24,505,792.78
201751.78%24,941,120.53
201760.99%25,187,509.90
201770.25%25,249,925.87
201781.65%25,667,373.57
201792.73%26,369,324.67
2017101.59%26,788,483.27
2017112.88%27,560,925.51
2017124.86%28,900,909.67
20181-2.89%28,066,631.03
201820.06%28,084,755.97
20183-1.66%27,617,433.52
201841.96%28,159,182.93
201852.11%28,754,177.95
201861.58%29,208,707.31
201872.45%29,924,555.75
201881.68%30,427,212.79
20189-3.85%29,256,073.59
201810-2.08%28,648,685.81
201811-5.56%27,055,099.18
2018121.74%27,524,677.32
201915.83%29,129,063.94
201921.95%29,696,504.51
201933.72%30,802,170.59
20194-1.53%30,330,346.47
201951.40%30,756,411.76
201963.83%31,933,565.38
20197-3.13%30,932,635.23
201983.09%31,886,977.38
201990.01%31,890,103.18
2019104.43%33,304,012.21
2019112.47%34,126,394.80
2019123.35%35,268,399.62
202010.12%35,311,454.16
20202-18.92%28,631,336.05
202034.32%29,867,813.03
202045.89%31,626,240.31
202056.51%33,684,562.01
202063.48%34,855,583.87
202075.89%36,909,799.40
20208-0.63%36,678,373.99
202091.73%37,311,443.22
2020103.95%38,786,781.19
2020114.26%40,439,129.27
2020122.80%41,569,524.16
202112.49%42,605,240.72
202120.82%42,955,182.13
202136.02%45,541,722.46
202140.76%45,887,944.99
202151.81%46,718,710.80
202163.07%48,152,134.97
202172.19%49,204,337.06
20218-0.08%49,162,759.97
202190.45%49,385,062.21
2021104.74%51,728,257.01
2021110.27%51,865,545.69
202112-2.05%50,801,289.12
20221-2.90%49,326,746.22
20222-0.89%48,886,463.77
202230.12%48,944,297.35
20224-7.87%45,091,044.83
20225-3.37%43,571,753.98
202260.46%43,774,225.53
202276.45%46,596,522.26
20228-7.28%43,205,505.02
20229-3.09%41,869,947.19
2022105.29%44,082,813.34
2022110.01%44,087,590.80
2022121.38%44,694,437.22
202313.15%46,100,958.48
20232-2.59%44,909,051.83
202334.00%46,703,716.92
202340.74%47,048,248.02
202354.94%49,373,460.28
202363.88%51,287,196.32
20237-1.13%50,710,204.50
202381.31%51,374,734.64
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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 1873. This would result in a final amount of $52,405,782.13, including dividend reinvestments. In this particular case, dollar-cost average returns are greater than the returns of a lump-sum investment (which ends with $51,374,734.64).

YearMonthContribution ($)Amount ($)
187314.164.19
187324.168.31
187334.1612.34
187344.1616.60
187354.1620.55
187364.1624.77
187374.1629.06
187384.1630.84
187394.1632.13
1873104.1635.20
1873114.1643.30
1873124.1650.30
187414.1656.40
187424.1660.00
187434.1662.74
187444.1665.53
187454.1669.78
187464.1674.37
187474.1679.17
187484.1685.12
187494.1689.60
1874104.1695.13
1874114.1699.21
1874124.32104.13
18751-104.53
18752-106.54
18753-108.56
18754-104.98
18755-103.48
18756-104.34
18757-105.43
18758-105.10
18759-104.03
187510-106.34
187511-106.95
187512-109.77
18761-111.86
18762-112.23
18763-108.62
18764-105.24
18765-105.12
18766-104.48
18767-100.79
18768-95.27
18769-95.40
187610-94.23
187611-94.36
187612-94.23
18771-89.30
18772-85.38
18773-79.80
18774-80.40
18775-75.23
18776-79.10
18777-85.20
18778-91.03
18779-93.51
187710-92.59
187711-92.77
187712-93.23
18781-91.67
18782-93.85
18783-96.91
18784-97.66
18785-100.16
18786-102.66
18787-102.23
18788-104.76
18789-104.02
187810-104.18
187811-104.03
187812-108.40
18791-112.79
18792-111.43
18793-115.57
18794-121.26
18795-122.35
18796-125.32
18797-126.74
18798-131.91
18799-146.80
187910-155.16
187911-155.36
187912-161.89
18801-165.28
18802-169.02
18803-165.76
18804-153.23
18805-154.47
18806-162.19
18807-168.65
18808-168.97
18809-174.53
188010-184.38
188011-192.64
188012-204.90
18811-204.97
18812-208.04
18813-208.14
18814-218.29
18815-221.77
18816-214.84
18817-210.59
18818-213.14
18819-210.60
188110-212.85
188111-207.56
188112-205.38
18821-201.79
18822-202.37
18823-203.31
18824-201.78
18825-201.66
18826-213.97
18827-221.34
18828-224.45
18829-219.29
188210-210.86
188211-212.92
188212-212.80
18831-209.01
18832-212.58
18833-218.01
18834-215.29
18835-218.17
18836-215.81
18837-207.04
18838-210.34
18839-205.67
188310-209.78
188311-206.22
188312-201.10
18841-207.60
18842-207.88
18843-199.53
18844-184.43
18845-177.95
18846-179.02
18847-191.32
18848-186.33
18849-181.31
188410-178.70
188411-179.36
188412-176.29
18851-182.75
18852-184.21
18853-184.81
18854-183.71
18855-183.85
18856-191.67
18857-203.38
18858-201.74
18859-214.38
188510-229.24
188511-228.39
188512-229.26
18861-234.55
18862-230.55
18863-228.31
18864-224.72
18865-235.88
18866-240.34
18867-243.00
18868-250.19
18869-257.40
188610-264.62
188611-258.61
188612-256.70
18871-255.72
18872-262.58
18873-269.48
18874-275.02
18875-268.00
18876-262.36
18877-256.72
18878-254.37
18879-246.81
188710-252.53
188711-252.08
188712-254.99
18881-254.54
18882-245.89
18883-247.85
18884-252.24
18885-245.41
18886-252.76
18887-259.15
18888-266.54
18889-266.02
188810-261.52
188811-257.49
188812-263.46
18891-267.44
18892-262.85
18893-263.30
18894-271.38
18895-276.93
18896-272.26
18897-276.81
18898-284.47
18899-280.26
188910-278.62
188911-278.02
188912-282.11
18901-279.93
18902-278.79
18903-285.56
18904-298.72
18905-297.57
18906-296.41
18907-290.44
18908-286.59
18909-274.65
189010-255.64
189011-250.66
189012-264.74
18911-269.02
18912-265.09
18913-274.92
18914-274.82
18915-270.29
18916-266.85
18917-276.83
18918-300.32
18919-301.35
189110-297.87
189111-307.99
189112-314.72
18921-316.35
18922-320.85
18923-321.36
18924-322.45
18925-321.81
18926-322.92
18927-328.71
18928-321.66
18929-329.27
189210-329.25
189211-326.88
189212-334.00
18931-329.24
18932-318.49
18933-319.70
18934-292.63
18935-279.95
18936-255.08
18937-250.23
18938-269.27
18939-278.55
189310-284.17
189311-275.51
189312-271.19
18941-276.25
18942-285.72
18943-290.79
18944-281.23
18945-278.64
18946-274.09
18947-285.63
18948-291.37
18949-283.45
189410-284.63
189411-283.18
189412-281.04
18951-278.22
18952-279.36
18953-292.50
18954-309.70
18955-316.87
18956-319.34
18957-325.20
18958-328.35
18959-324.69
189510-314.85
189511-297.43
189512-295.07
18961-308.60
18962-304.84
18963-308.71
18964-308.40
18965-303.88
18966-285.26
18967-270.11
18968-285.37
18969-292.86
189610-313.94
189611-303.55
189612-304.63
18971-302.82
18972-304.64
18973-296.27
18974-298.83
18975-313.84
18976-328.91
18977-351.40
18978-369.53
18979-358.77
189710-347.23
189711-355.82
189712-366.68
18981-367.07
18982-351.64
18983-346.75
18984-370.70
18985-386.35
18986-389.09
18987-404.86
18988-405.33
18989-398.11
189810-412.52
189811-439.39
189812-474.12
18991-493.36
18992-501.72
18993-509.31
18994-489.42
18995-479.73
18996-497.68
18997-511.71
18998-507.52
18999-506.51
189910-517.48
189911-483.63
189912-491.46
19001-501.79
19002-507.34
19003-515.40
19004-492.63
19005-479.64
19006-481.37
19007-489.74
19008-480.06
19009-499.35
190010-540.38
190011-574.93
190012-593.76
19011-610.99
19012-635.03
19013-690.45
19014-657.84
19015-725.56
19016-679.11
19017-690.75
19018-689.56
19019-684.06
190110-701.05
190111-692.07
190112-709.19
19021-717.64
19022-720.86
19023-747.84
19024-748.45
19025-746.42
19026-765.69
19027-788.58
19028-792.80
19029-770.16
190210-742.96
190211-728.31
190212-767.89
19031-765.86
19032-738.34
19033-710.73
19034-699.55
19035-663.48
19036-635.61
19037-617.84
19038-605.59
19039-588.63
190310-593.23
190311-623.36
190312-636.57
19041-622.17
19042-622.99
19043-641.10
19044-630.29
19045-633.95
19046-662.92
19047-688.07
19048-721.14
19049-766.13
190410-810.26
190411-820.79
190412-841.26
19051-880.78
19052-908.42
19053-900.01
19054-858.37
19055-871.15
19056-901.20
19057-937.45
19058-943.25
19059-959.31
190510-956.97
190511-983.43
190512-1,020.28
19061-1,015.93
19062-994.01
19063-983.50
19064-960.50
19065-976.18
19066-954.19
19067-1,028.00
19068-1,063.02
19069-1,034.60
190610-1,059.31
190611-1,053.21
190612-1,026.81
19071-998.20
19072-903.75
19073-911.78
19074-884.01
19075-859.42
19076-896.15
19077-832.87
19078-827.96
19079-741.92
190710-702.38
190711-742.43
190712-778.21
19081-753.95
19082-788.91
19083-835.52
19084-884.63
19085-889.88
19086-926.57
19087-970.41
19088-963.88
19089-979.71
190810-1,050.06
190811-1,077.85
190812-1,085.41
19091-1,058.28
19092-1,076.79
19093-1,129.20
19094-1,170.93
19095-1,195.83
19096-1,217.18
19097-1,250.89
19098-1,256.49
19099-1,265.84
190910-1,264.12
190911-1,283.54
190912-1,260.69
19101-1,220.28
19102-1,255.07
19103-1,229.52
19104-1,214.03
19105-1,160.40
19106-1,106.58
19107-1,138.36
19108-1,151.00
19109-1,208.95
191010-1,212.68
191011-1,183.88
191012-1,217.79
19111-1,243.95
19112-1,234.61
19113-1,234.50
19114-1,266.31
19115-1,296.93
19116-1,296.81
19117-1,240.14
19118-1,177.82
19119-1,189.93
191110-1,243.04
191111-1,253.89
191112-1,260.66
19121-1,255.02
19122-1,296.57
19123-1,342.49
19124-1,346.62
19125-1,352.17
19126-1,359.17
19127-1,395.97
19128-1,408.74
19129-1,411.56
191210-1,401.50
191211-1,356.84
191212-1,351.05
19131-1,308.92
19132-1,289.95
19133-1,294.35
19134-1,264.90
19135-1,207.20
19136-1,229.50
19137-1,268.35
19138-1,286.36
19139-1,251.67
191310-1,225.91
191311-1,230.48
191312-1,287.11
19141-1,310.11
19142-1,291.44
19143-1,266.41
19144-1,280.19
19145-1,279.86
19146-1,214.93
19147-1,220.79
19148-1,226.62
19149-1,232.41
191410-1,238.16
191411-1,190.67
191412-1,217.40
19151-1,206.83
19152-1,243.65
19153-1,343.07
19154-1,317.54
19155-1,338.32
19156-1,339.22
19157-1,402.00
19158-1,460.02
19159-1,546.95
191510-1,607.15
191511-1,616.63
191512-1,597.16
19161-1,581.19
19162-1,582.50
19163-1,571.90
19164-1,613.39
19165-1,636.08
19166-1,620.57
19167-1,640.26
19168-1,714.87
19169-1,775.81
191610-1,824.72
191611-1,759.62
191612-1,726.70
19171-1,637.85
19172-1,697.43
19173-1,680.91
19174-1,633.30
19175-1,675.92
19176-1,639.23
19177-1,600.62
19178-1,533.80
19179-1,461.04
191710-1,349.88
191711-1,314.71
191712-1,405.10
19181-1,459.02
19182-1,440.52
19183-1,437.56
19184-1,494.21
19185-1,506.93
19186-1,529.69
19187-1,554.47
19188-1,556.69
19189-1,633.08
191810-1,684.85
191811-1,661.51
191812-1,660.98
19191-1,677.32
19192-1,738.40
19193-1,806.20
19194-1,941.05
19195-2,002.96
19196-2,078.17
19197-1,948.27
19198-1,988.96
19199-2,100.44
191910-2,048.26
191911-1,997.99
191912-1,987.72
19201-1,833.30
19202-1,972.24
19203-1,966.27
19204-1,852.78
19205-1,830.59
19206-1,838.30
19207-1,776.29
19208-1,849.46
19209-1,861.89
192010-1,777.49
192011-1,628.41
192012-1,710.31
19211-1,708.42
19212-1,674.98
19213-1,692.37
19214-1,753.88
19215-1,623.51
19216-1,628.57
19217-1,618.61
19218-1,668.73
19219-1,701.39
192110-1,802.72
192111-1,876.43
192112-1,883.71
19221-1,934.97
19222-2,017.72
19223-2,150.51
19224-2,244.74
19225-2,234.23
19226-2,260.78
19227-2,356.62
19228-2,428.98
19229-2,493.71
192210-2,381.09
192211-2,387.09
192212-2,431.27
19231-2,546.72
19232-2,599.62
19233-2,520.48
19234-2,413.31
19235-2,333.48
19236-2,267.26
19237-2,290.74
19238-2,317.21
19239-2,295.53
192310-2,376.69
192311-2,469.81
192312-2,563.45
19241-2,587.93
19242-2,551.29
19243-2,505.72
19244-2,510.06
19245-2,570.77
19246-2,703.33
19247-2,809.65
19248-2,796.19
19249-2,773.65
192410-2,942.42
192411-3,115.09
192412-3,257.91
19251-3,299.85
19252-3,227.64
19253-3,208.03
19254-3,325.75
19255-3,400.22
19256-3,509.75
19257-3,572.45
19258-3,670.44
19259-3,807.24
192510-3,941.50
192511-4,021.76
192512-4,099.23
19261-4,122.11
19262-3,858.99
19263-3,768.11
19264-3,811.60
19265-4,010.47
19266-4,197.16
19267-4,381.54
19268-4,466.70
19269-4,384.75
192610-4,460.94
192611-4,581.64
192612-4,570.60
19271-4,679.09
19272-4,771.10
19273-4,908.41
19274-5,098.29
19275-5,185.09
19276-5,321.19
19277-5,625.85
19278-5,966.96
19279-5,897.39
192710-6,054.04
192711-6,218.56
192712-6,266.34
19281-6,214.41
19282-6,571.51
19283-7,009.32
19284-7,250.09
19285-6,919.10
19286-6,994.58
19287-7,245.77
19288-7,780.08
19289-7,963.53
192810-8,527.51
192811-8,586.78
192812-9,247.32
19291-9,322.34
19292-9,513.52
19293-9,484.84
19294-9,655.24
19295-9,867.84
19296-10,775.69
19297-11,417.64
19298-11,902.23
19299-10,673.34
192910-7,877.90
192911-8,222.41
192912-8,372.58
19301-8,928.27
19302-9,296.31
19303-9,918.02
19304-9,357.49
19305-8,443.31
19306-8,294.71
19307-8,220.40
19308-8,248.63
19309-7,145.68
193010-6,659.81
193011-6,247.72
193012-6,469.94
19311-6,996.51
19312-7,163.06
19313-6,512.68
19314-5,916.12
19315-5,757.63
19316-5,979.71
19317-5,831.11
19318-4,993.27
19319-4,356.62
193110-4,446.12
193111-3,641.38
193112-3,610.46
19321-3,608.77
19322-3,649.94
19323-2,802.27
19324-2,485.20
19325-2,177.24
19326-2,311.90
19327-3,499.12
19328-3,861.84
19329-3,351.45
193210-3,340.20
193211-3,252.02
193212-3,400.64
19331-3,017.53
19332-3,027.58
19333-3,367.97
19334-4,355.38
19335-5,121.17
19336-5,554.51
19337-5,296.69
19338-5,271.04
19339-4,776.78
193310-4,910.58
193311-5,024.60
193312-5,330.34
19341-5,743.38
19342-5,467.79
19343-5,578.20
19344-5,030.06
19345-5,115.69
19346-4,892.89
19347-4,720.91
19348-4,626.09
19349-4,681.99
193410-4,832.31
193411-4,883.49
193412-4,903.27
19351-4,774.86
19352-4,491.72
19353-4,848.23
19354-5,248.97
19355-5,468.05
19356-5,774.23
19357-6,184.48
19358-6,334.97
19359-6,524.13
193510-7,157.66
193511-7,178.70
193512-7,596.63
19361-8,054.85
19362-8,249.08
19363-8,283.31
19364-7,867.50
19365-8,227.34
19366-8,740.27
19367-8,941.08
19368-9,070.19
19369-9,573.62
193610-9,870.58
193611-9,732.38
193612-10,068.96
19371-10,401.44
19372-10,425.38
19373-9,838.98
19374-9,436.98
19375-9,121.93
19376-9,705.17
19377-9,844.60
19378-8,489.71
19379-7,292.86
193710-6,690.07
193711-6,621.88
193712-6,836.20
19381-6,712.96
19382-6,308.94
19383-6,091.71
19384-6,186.49
19385-6,367.98
19386-7,672.56
19387-7,753.70
19388-7,437.01
19389-8,300.97
193810-8,339.64
193811-8,126.95
193812-8,032.49
19391-7,995.71
19392-8,017.03
19393-7,035.66
19394-7,323.85
19395-7,482.91
19396-7,695.13
19397-7,612.99
19398-8,454.66
19399-8,571.63
193910-8,450.91
193911-8,284.16
193912-8,271.89
19401-8,253.02
19402-8,241.01
19403-8,358.01
19404-7,242.97
19405-6,656.69
19406-6,914.26
19407-7,097.48
19408-7,435.15
19409-7,544.15
194010-7,759.18
194011-7,480.64
194012-7,534.51
19411-7,103.23
19412-7,186.82
19413-7,003.84
19414-6,892.64
19415-7,175.67
19416-7,585.55
19417-7,591.30
19418-7,656.77
19419-7,393.82
194110-7,091.91
194111-6,674.79
194112-6,849.40
19421-6,679.60
19422-6,361.49
19423-6,141.79
19424-6,256.69
19425-6,616.34
19426-6,906.25
19427-6,909.36
19428-7,024.20
19429-7,583.93
194210-7,747.35
194211-7,829.16
194212-8,338.35
19431-8,874.82
19432-9,231.12
19433-9,580.66
19434-9,998.69
19435-10,216.63
19436-10,469.24
19437-9,994.05
19438-10,249.19
19439-10,197.91
194310-9,768.94
194311-9,941.86
194312-10,306.31
19441-10,281.19
19442-10,614.33
19443-10,475.44
19444-10,706.22
19445-11,256.77
19446-11,596.60
19447-11,474.20
19448-11,333.62
19449-11,660.43
194410-11,627.32
194411-11,929.64
194412-12,333.36
19451-12,793.79
19452-12,834.07
19453-13,206.44
19454-13,755.94
19455-14,056.83
19456-13,818.52
19457-13,916.17
19458-14,915.28
19459-15,588.54
194510-16,150.67
194511-16,477.67
194512-17,186.02
19461-17,286.69
19462-16,823.78
19463-17,962.64
19464-18,055.70
19465-17,994.54
19466-17,536.13
19467-17,251.41
19468-14,763.33
19469-14,486.95
194610-14,485.04
194611-14,976.69
194612-15,114.45
19471-15,759.81
19472-15,181.01
19473-14,680.32
19474-14,480.34
19475-15,048.06
19476-16,055.32
19477-15,805.04
19478-15,462.56
19479-15,930.58
194710-15,814.30
194711-15,636.80
194712-15,501.55
19481-14,811.95
19482-15,096.17
19483-16,332.19
19484-17,202.71
19485-17,991.83
19486-17,639.73
19487-17,200.77
19488-17,084.17
19489-17,628.89
194810-16,729.66
194811-16,703.22
194812-16,975.37
19491-16,410.51
19492-16,655.25
19493-16,724.14
19494-16,693.56
19495-15,873.44
19496-16,867.66
19497-17,571.12
19498-17,899.91
19499-18,462.29
194910-18,821.83
194911-19,431.96
194912-19,943.02
19501-20,446.12
19502-20,727.29
19503-21,429.15
19504-22,267.98
19505-22,750.01
19506-21,220.40
19507-22,628.92
19508-23,558.66
19509-24,670.94
195010-24,763.72
195011-24,811.94
195012-26,800.03
19511-27,954.78
19512-27,643.82
19513-28,176.33
19514-28,353.44
19515-28,028.77
19516-28,692.10
19517-30,116.75
19518-31,061.14
19519-31,069.96
195110-30,369.83
195111-31,467.15
195112-32,673.55
19521-32,238.32
19522-32,480.02
19523-32,545.95
19524-32,695.61
19525-33,756.53
19526-34,893.05
19527-35,200.29
19528-34,810.03
19529-34,249.30
195210-35,505.37
195211-37,106.32
195212-37,473.25
19531-37,183.40
19532-37,539.27
19533-35,860.19
19534-36,219.78
19535-35,094.19
19536-35,765.79
19537-36,087.27
19538-34,605.21
19539-35,822.17
195310-36,792.32
195311-37,468.10
195312-38,601.10
19541-39,634.18
19542-40,657.70
19543-42,467.17
19544-44,345.30
19545-44,887.67
19546-46,888.45
19547-48,011.08
19548-49,326.49
19549-50,663.56
195410-52,843.20
195411-55,460.69
195412-56,663.37
19551-58,762.61
19552-58,506.16
19553-60,734.20
19554-60,686.40
19555-64,415.63
19556-69,339.65
19557-69,132.10
19558-72,461.80
19559-69,038.09
195510-73,916.42
195511-74,830.90
195512-73,044.11
19561-73,737.60
19562-79,051.20
19563-80,223.34
19564-77,946.22
19565-77,741.98
19566-82,211.27
19567-81,977.19
19568-79,445.05
19569-78,687.46
195610-78,126.84
195611-79,540.12
195612-78,058.59
19571-74,939.55
19572-76,153.96
19573-78,167.50
19574-81,419.42
19575-83,010.50
19576-84,938.10
19577-80,516.98
19578-77,506.08
19579-72,935.84
195710-71,622.68
195711-71,850.48
195712-73,523.66
19581-74,039.70
19582-75,830.68
19583-76,510.48
19584-79,232.60
19585-81,399.76
19586-83,899.35
19587-87,300.88
19588-89,870.80
19589-93,788.27
195810-96,907.89
195811-99,003.46
195812-103,215.75
19591-101,910.04
19592-104,769.82
19593-106,798.61
19594-108,684.06
19595-108,025.15
19596-112,592.00
19597-112,233.38
19598-108,077.12
19599-108,268.14
195910-108,992.56
195911-112,767.11
195912-111,091.64
19601-107,082.07
19602-105,927.57
19603-107,605.75
19604-106,933.71
19605-111,198.32
19606-108,756.27
19607-110,377.68
19608-107,374.57
19609-105,577.16
196010-109,315.49
196011-112,256.78
196012-118,348.89
19611-123,525.61
19612-127,721.83
19613-131,450.04
19614-133,110.72
19615-131,672.86
19616-131,636.07
19617-136,689.54
19618-135,949.08
19619-137,774.94
196110-144,349.64
196111-146,028.44
196112-140,936.24
19621-143,627.41
19622-144,117.17
19623-139,873.00
19624-129,823.02
19625-115,006.65
19626-118,131.79
19627-121,702.96
19628-120,980.84
19629-117,525.24
196210-125,988.07
196211-131,813.47
196212-137,279.39
19631-139,469.73
19632-139,318.69
19633-146,254.22
19634-149,573.56
19635-149,897.58
19636-148,066.00
19637-152,554.09
19638-156,968.42
19639-157,753.08
196310-157,269.46
196311-161,033.48
196312-166,396.19
19641-168,858.70
19642-172,355.83
19643-175,274.00
19644-177,412.97
19645-176,790.85
19646-183,793.59
19647-181,540.90
19648-185,108.99
19649-188,755.98
196410-190,524.53
196411-187,685.09
196412-192,979.29
19651-194,860.96
19652-195,514.86
19653-198,560.28
19654-202,000.53
19655-192,895.65
19656-193,094.13
19657-197,184.99
19658-204,275.98
19659-209,376.40
196510-211,629.24
196511-211,181.41
196512-215,363.75
19661-214,436.79
19662-206,154.51
19663-213,000.82
19664-202,334.63
19665-201,202.52
19666-201,239.53
19667-189,629.11
19668-183,513.87
19669-182,478.11
196610-192,178.75
196611-193,554.36
196612-201,548.72
19671-209,066.52
19672-214,572.79
19673-218,848.08
19674-223,351.28
19675-221,136.02
19676-225,541.97
19677-229,718.23
19678-233,517.55
19679-233,745.03
196710-227,009.12
196711-234,073.05
196712-234,032.11
19681-224,069.41
19682-220,575.66
19683-237,475.56
19684-243,549.46
19685-250,711.50
19686-250,834.15
19687-245,983.22
19688-254,611.53
19689-261,529.78
196810-266,200.05
196811-269,621.56
196812-258,876.78
19691-258,259.20
19692-253,316.66
19693-259,077.72
19694-268,180.39
19695-254,848.29
19696-244,131.07
19697-243,438.68
19698-244,968.75
19699-248,267.05
196910-250,743.43
196911-238,137.34
196912-236,734.63
19701-229,168.38
19702-233,779.85
19703-227,356.29
19704-201,894.62
19705-201,349.73
19706-202,401.89
19707-208,991.66
19708-222,202.64
19709-227,734.39
197010-228,205.26
197011-244,540.98
197012-254,593.28
19711-265,161.62
19712-272,670.57
19713-282,688.11
19714-279,556.28
19715-275,094.97
19716-273,821.38
19717-269,667.19
19718-276,372.20
19719-271,221.50
197110-259,364.99
197111-277,944.86
197112-290,237.09
19721-296,294.23
19722-304,055.99
19723-307,883.75
19724-305,494.92
19725-307,071.56
19726-305,524.35
19727-317,084.43
19728-313,246.25
19729-314,553.83
197210-331,081.14
197211-338,734.14
197212-342,085.44
19731-330,710.68
19732-326,261.47
19733-320,932.63
19734-312,685.43
19735-306,463.65
19736-310,172.60
19737-305,099.96
19738-311,187.59
19739-324,367.39
197310-302,138.93
197311-281,577.52
197312-286,365.55
19741-279,284.13
19742-292,060.37
19743-277,992.87
19744-270,471.29
19745-271,707.97
19746-240,877.69
19747-231,809.21
19748-208,596.79
19749-213,554.99
197410-221,549.29
197411-208,052.89
197412-226,013.62
19751-250,440.11
19752-262,896.11
19753-266,805.46
19754-284,715.13
19755-292,956.56
19756-294,222.13
19757-273,637.61
19758-271,304.35
19759-284,791.60
197510-290,606.19
197511-287,178.09
197512-314,590.05
19761-327,734.06
19762-330,363.82
19763-333,982.79
19764-332,702.72
19765-335,698.99
19766-344,646.56
19767-342,714.40
19768-351,069.38
19769-340,157.39
197610-338,910.22
197611-351,743.08
197612-349,853.34
19771-341,566.70
19772-341,381.64
19773-337,306.66
19774-337,524.23
19775-340,561.17
19776-344,928.65
19777-337,758.90
19778-333,789.10
19779-326,452.89
197710-329,655.85
197711-329,391.67
197712-318,224.11
19781-315,131.00
19782-315,968.19
19783-331,229.44
19784-349,461.37
19785-351,815.19
19786-351,596.04
19787-377,361.50
19788-378,869.77
19789-368,361.82
197810-348,331.59
197811-355,029.41
197812-369,888.48
19791-365,978.93
19792-374,547.09
19793-383,651.96
19794-376,389.34
19795-385,489.07
19796-390,966.27
19797-410,570.63
19798-416,895.27
19799-402,918.79
197910-401,619.64
197911-419,306.95
197912-433,196.33
19801-452,239.00
19802-412,542.25
19803-407,748.30
19804-428,283.07
19805-457,674.79
19806-480,418.75
19807-497,255.90
19808-511,357.12
19809-528,358.57
198010-552,740.71
198011-545,860.30
198012-545,914.82
19811-529,154.28
19812-551,078.74
19813-558,208.56
19814-549,180.82
19815-553,890.53
19816-542,722.71
19817-547,078.41
19818-501,656.22
19819-510,321.06
198110-525,853.86
198111-532,055.62
198112-506,495.03
19821-496,801.24
19822-483,166.33
19823-509,592.21
19824-512,495.09
19825-485,483.43
19826-486,667.26
19827-490,531.29
19828-549,867.79
19829-598,703.75
198210-625,644.92
198211-634,125.53
198212-659,019.73
19831-673,056.95
19832-699,074.73
19833-728,417.62
19834-760,642.90
19835-773,980.80
19836-779,461.62
19837-760,698.53
19838-785,906.82
19839-790,998.92
198310-781,970.27
198311-780,968.35
198312-793,275.89
19841-752,722.20
19842-756,051.95
19843-759,886.65
19844-757,967.37
19845-743,957.83
19846-737,199.36
19847-805,070.06
19848-816,397.14
19849-813,030.30
198410-823,485.07
198411-817,658.45
198412-856,068.52
19851-905,612.29
19852-901,280.58
19853-910,516.11
19854-935,424.50
19855-958,912.70
19856-980,461.59
19857-962,369.03
19858-944,228.43
19859-958,349.97
198510-1,019,880.97
198511-1,073,878.72
198512-1,081,951.38
19861-1,143,592.81
19862-1,214,298.54
19863-1,247,587.64
19864-1,253,723.65
19865-1,293,005.82
19866-1,269,681.11
19867-1,298,640.68
19868-1,266,743.01
19869-1,265,604.55
198610-1,310,317.72
198611-1,332,710.26
198612-1,421,646.96
19871-1,513,512.05
19872-1,579,749.53
19873-1,566,220.39
19874-1,568,927.30
19875-1,639,504.61
19876-1,690,691.53
19877-1,799,808.96
19878-1,745,267.08
19879-1,538,385.12
198710-1,349,111.23
198711-1,331,104.72
198712-1,387,630.65
19881-1,433,818.84
19882-1,480,160.71
19883-1,467,046.12
19884-1,434,943.24
19885-1,521,014.00
19886-1,516,345.69
19887-1,490,287.51
19888-1,519,007.87
19889-1,576,754.73
198810-1,544,900.38
198811-1,580,834.04
198812-1,636,363.34
19891-1,690,360.91
19892-1,687,628.29
19893-1,747,788.84
19894-1,819,715.64
19895-1,881,451.72
19896-1,934,135.66
19897-2,024,861.18
19898-2,034,085.17
19899-2,039,907.86
198910-2,002,913.10
198911-2,057,726.95
198912-2,012,225.96
19901-1,961,373.31
19902-2,014,470.96
19903-2,018,419.04
19904-2,096,146.84
19905-2,162,593.80
19906-2,166,264.23
19907-1,995,969.28
19908-1,909,323.05
19909-1,865,107.54
199010-1,920,758.89
199011-2,008,856.52
199012-1,995,092.42
19911-2,226,658.30
19912-2,294,451.59
19913-2,346,279.32
19914-2,342,082.33
19915-2,350,209.61
19916-2,368,552.66
19917-2,432,004.61
19918-2,424,633.18
19919-2,429,037.43
199110-2,429,421.10
199111-2,452,139.59
199112-2,632,568.65
19921-2,616,750.97
19922-2,590,259.56
19923-2,597,105.70
19924-2,650,822.95
19925-2,615,590.27
19926-2,665,603.84
19927-2,690,706.36
19928-2,700,882.27
19929-2,668,956.34
199210-2,742,536.88
199211-2,832,250.74
199212-2,836,297.83
19931-2,885,202.62
19932-2,947,238.89
19933-2,907,694.45
19934-2,928,767.22
19935-2,954,106.40
19936-2,955,908.52
19937-3,008,005.40
19938-3,048,763.02
19939-3,086,625.82
199310-3,086,858.70
199311-3,114,244.68
199312-3,168,304.24
19941-3,165,905.80
19942-3,120,829.06
19943-3,016,394.34
19944-3,048,315.08
19945-3,082,093.25
19946-3,066,101.03
19947-3,160,600.66
19948-3,186,437.47
19949-3,172,289.47
199410-3,160,555.69
199411-3,128,137.67
199412-3,204,813.77
19951-3,327,208.61
19952-3,412,324.27
19953-3,522,049.37
19954-3,639,959.13
19955-3,755,652.39
19956-3,888,883.41
19957-3,908,838.21
19958-4,054,155.69
19959-4,091,152.60
199510-4,187,637.74
199511-4,329,562.56
199512-4,336,601.56
19961-4,592,651.58
19962-4,583,434.26
19963-4,592,465.55
19964-4,700,610.11
19965-4,760,711.79
19966-4,595,202.57
19967-4,736,539.64
19968-4,832,394.26
19969-5,031,464.64
199610-5,285,658.35
199611-5,348,992.56
199612-5,523,238.14
19971-5,764,115.59
19972-5,728,165.65
19973-5,533,107.49
19974-6,043,139.98
19975-6,365,651.81
19976-6,730,780.79
19977-6,754,189.72
19978-6,834,700.20
19979-6,947,156.70
199710-6,867,122.45
199711-7,048,044.79
199712-7,064,754.88
19981-7,517,051.68
19982-7,916,423.05
19983-8,186,030.71
19984-8,167,869.38
19985-8,177,381.44
19986-8,542,719.56
19987-7,947,205.96
19988-7,557,916.04
19989-7,655,477.91
199810-8,495,619.47
199811-8,844,288.61
199812-9,290,720.62
19991-9,284,522.77
19992-9,555,956.71
19993-9,962,086.98
19994-9,952,241.28
19995-9,891,356.73
19996-10,338,682.20
19997-9,948,460.45
19998-9,888,967.01
19999-9,763,132.75
199910-10,456,896.04
199911-10,750,602.10
199912-10,737,816.12
20001-10,471,724.74
20002-10,884,410.55
20003-11,039,476.98
20004-10,726,088.97
20005-11,065,406.67
20006-11,159,500.52
20007-11,264,367.58
20008-11,142,751.77
20009-10,561,743.09
200010-10,480,146.86
200011-10,132,198.25
200012-10,178,300.53
20011-9,960,865.79
20012-9,056,428.84
20013-9,097,064.46
20014-9,722,881.82
20015-9,490,635.98
20016-9,238,163.50
20017-9,049,165.52
20018-8,031,376.49
20019-8,287,098.05
200110-8,705,857.23
200111-8,833,489.39
200112-8,807,193.04
20021-8,511,908.18
20022-8,932,845.08
20023-8,618,906.30
20024-8,375,821.13
20025-7,879,892.24
20026-7,032,134.10
20027-7,112,215.40
20028-6,773,835.38
20029-6,681,234.16
200210-7,123,904.45
200211-7,050,167.68
200212-7,034,479.82
20031-6,583,229.47
20032-6,669,331.41
20033-7,021,862.85
20034-7,394,879.07
20035-7,816,696.65
20036-7,863,276.41
20037-7,850,197.88
20038-8,098,356.84
20039-8,262,577.67
200310-8,362,603.29
200311-8,618,817.60
200312-9,044,152.92
20041-9,142,432.31
20042-8,999,335.26
20043-9,086,461.15
20044-8,853,461.26
20045-9,106,464.58
20046-8,902,590.91
20047-8,779,061.21
20048-9,023,349.52
20049-9,032,607.05
200410-9,463,814.33
200411-9,721,934.87
200412-9,590,764.43
20051-9,752,005.01
20052-9,727,080.05
20053-9,492,762.62
20054-9,619,573.64
20055-9,829,347.44
20056-10,007,041.50
20057-10,038,065.15
20058-10,066,140.66
20059-9,801,983.02
200510-10,190,292.73
200511-10,408,785.95
200512-10,561,458.92
20061-10,559,701.52
20062-10,716,633.23
20063-10,802,187.48
20064-10,717,213.63
20065-10,427,228.01
20066-10,502,308.29
20067-10,742,995.91
20068-11,014,919.78
20069-11,413,209.71
200610-11,641,661.42
200611-11,891,755.15
200612-11,974,144.39
20071-12,165,257.48
20072-11,864,302.27
20073-12,360,260.94
20074-12,779,490.48
20075-12,823,567.13
20076-12,897,253.87
20077-12,355,426.33
20078-12,735,323.99
20079-13,116,318.12
200710-12,485,907.21
200711-12,640,510.31
200712-11,801,787.50
20081-11,617,211.60
20082-11,312,069.76
20083-11,792,131.67
20084-12,094,317.33
20085-11,580,722.22
20086-10,876,791.31
20087-11,106,349.79
20088-10,567,965.46
20089-8,433,914.37
200810-7,708,146.69
200811-7,681,074.35
200812-7,596,923.83
20091-7,087,739.52
20092-6,684,628.84
20093-7,508,292.10
20094-8,008,330.97
20095-8,238,078.85
20096-8,343,332.03
20097-9,020,872.74
20098-9,350,165.56
20099-9,574,860.16
200910-9,775,388.92
200911-9,992,975.15
200912-10,128,576.62
20101-9,835,002.53
20102-10,419,500.23
20103-10,845,442.13
20104-10,207,470.21
20105-9,845,761.96
20106-9,830,100.01
20107-9,914,993.89
20108-10,249,243.65
20109-10,718,396.28
201010-10,985,382.36
201011-11,393,350.47
201012-11,787,810.27
20111-12,159,228.14
20112-12,023,961.47
20113-12,291,011.60
20114-12,372,038.23
20115-11,918,899.94
20116-12,288,592.71
20117-11,010,499.57
20118-10,923,599.75
20119-11,253,372.95
201110-11,452,233.83
201111-11,630,287.56
201112-12,186,512.80
20121-12,693,789.64
20122-13,059,857.88
20123-13,054,867.66
20124-12,651,347.94
20125-12,505,552.40
20126-12,870,850.45
20127-13,306,876.35
20128-13,708,899.18
20129-13,679,132.40
201210-13,290,987.84
201211-13,580,137.96
201212-14,159,841.65
20131-14,490,193.85
20132-14,884,682.71
20133-15,101,074.95
20134-15,791,838.86
20135-15,615,321.63
20136-16,123,518.71
20137-16,164,235.15
20138-16,356,988.37
20139-16,703,355.77
201310-17,348,104.30
201311-17,612,083.76
201312-17,782,534.85
20141-17,759,411.17
20142-18,242,870.17
20143-18,279,670.42
20144-18,559,721.32
20145-19,152,949.00
20146-19,439,443.02
20147-19,356,446.16
20148-19,700,610.32
20149-19,179,217.18
201410-20,273,516.61
201411-20,402,027.94
201412-20,175,556.13
20151-20,745,999.41
20152-20,757,485.12
20153-20,939,820.87
20154-21,144,801.60
20155-21,052,715.98
20156-21,035,951.68
20157-20,525,956.59
20158-19,600,832.13
20159-20,447,023.44
201510-21,046,626.25
201511-20,814,488.31
201512-19,478,276.89
20161-19,371,164.08
20162-20,603,698.47
20163-21,187,042.79
20164-21,122,556.80
20165-21,347,826.81
20166-22,051,758.36
20167-22,316,215.61
20168-22,218,320.79
20169-22,105,900.32
201610-22,371,427.68
201611-23,254,196.12
201612-23,588,506.52
20171-24,196,251.49
20172-24,619,506.08
20173-24,581,591.03
20174-24,997,603.33
20175-25,441,667.74
20176-25,693,001.92
20177-25,756,670.53
20178-26,182,496.05
20179-26,898,534.73
201710-27,326,105.48
201711-28,114,049.99
201712-29,480,926.49
20181-28,629,904.59
20182-28,648,393.28
20183-28,171,692.06
20184-28,724,313.93
20185-29,331,249.99
20186-29,794,901.37
20187-30,525,116.28
20188-31,037,861.23
20189-29,843,218.25
201810-29,223,640.71
201811-27,598,072.14
201812-28,077,074.33
20191-29,713,659.63
20192-30,292,488.24
20193-31,420,344.11
20194-30,939,050.88
20195-31,373,666.94
20196-32,574,445.04
20197-31,553,427.07
20198-32,526,922.06
20199-32,530,110.59
201910-33,972,395.58
201911-34,811,282.69
201912-35,976,206.58
20201-36,020,125.19
20202-29,205,942.75
20203-30,467,234.79
20204-32,260,952.21
20205-34,360,582.69
20206-35,555,105.97
20207-37,650,547.87
20208-37,414,477.94
20209-38,060,252.34
202010-39,565,199.09
202011-41,250,708.41
202012-42,403,789.36
20211-43,460,291.88
20212-43,817,256.32
20213-46,455,706.32
20214-46,808,877.25
20215-47,656,315.83
20216-49,118,507.61
20217-50,191,826.51
20218-50,149,415.00
20219-50,376,178.65
202110-52,766,399.40
202111-52,906,443.34
202112-51,820,828.05
20221-50,316,692.31
20222-49,867,573.76
20223-49,926,568.02
20224-45,995,983.97
20225-44,446,202.25
20226-44,652,737.23
20227-47,531,675.07
20228-44,072,602.98
20229-42,710,241.63
202210-44,967,518.13
202211-44,972,391.47
202212-45,591,416.79
20231-47,026,165.74
20232-45,810,338.53
20233-47,641,021.03
20234-47,992,466.58
20235-50,364,343.88
20236-52,316,486.99
20237-51,727,915.43
20238-52,405,782.13
Click to show 1794 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.

in2013dollars.com is a reference website maintained by the Official Data Foundation.


Ian Webster

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.

Email · LinkedIn · Twitter


S&P 500 from 1873 to 2023
Start Value
Average monthly close
$5.11
End Value
Average monthly close
$3,960.66
Change in price+77,407.95%
+4.54% / yr
Change incl. dividends+51,374,634.64%
+9.12% / yr
Change incl. dividends, inflation-adjusted+2,023,176.77%
+6.80% / yr
Final amount, nominal
($100 base)
$51,374,734.64
Final amount, inflation-adjusted
($100 base)
$2,023,276.77