S&P 500: $100 in 1903 → $6,824,670.73 in 2023

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Stock market returns between 1903 and 2023

If you invested $100 in the S&P 500 at the beginning of 1903, you would have about $6,824,670.73 at the end of 2023, assuming you reinvested all dividends. This is a return on investment of 6,824,570.73%, or 9.66% per year.

This lump-sum investment beats inflation during this period for an inflation-adjusted return of about 197,001.00% cumulatively, or 6.49% per year.

If you used dollar-cost averaging (monthly) instead of a lump-sum investment, you'd have $7,773,212.11.

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 $6,824,570.73, or 6,824,570.73%. This means by 2023 you would have $6,824,670.73 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 1903 was 8.800 and the CPI in 2023 was 304.702.

The ratio between these CPIs describes how relative buying power of a dollar has changed over 120 years.

Adjusted for inflation, the $6,824,670.73 nominal end value of the original $100 investment would have a real return of roughly $197,001.00 in 1903 dollars. This means the inflation-adjusted return is 197,001.00% as opposed to the original 6,824,570.73%.

For more information on inflation, see our U.S. inflation calculator for 1903.

Full monthly data

The table below shows the full dataset pertaining to a $100 investment, including gains and losses over the 1448-month period between 1903 and 2023.

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

YearMonthReturn (%)Amount ($)
19031-0.26%99.74
19032-3.59%96.15
19033-3.74%92.56
19034-1.57%91.10
19035-5.16%86.40
19036-4.20%82.77
19037-2.80%80.46
19038-1.98%78.86
19039-2.80%76.66
1903100.78%77.25
1903115.08%81.18
1903122.12%82.90
19041-2.26%81.02
190420.13%81.13
190432.91%83.49
19044-1.69%82.08
190450.58%82.56
190464.57%86.33
190473.79%89.61
190484.81%93.91
190496.24%99.77
1904105.76%105.52
1904111.30%106.89
1904122.49%109.56
190514.70%114.70
190523.14%118.30
19053-0.93%117.21
19054-4.63%111.78
190551.49%113.45
190563.45%117.36
190574.02%122.08
190580.62%122.84
190591.70%124.93
190510-0.24%124.62
1905112.76%128.07
1905123.75%132.87
19061-0.43%132.30
19062-2.16%129.45
19063-1.06%128.08
19064-2.34%125.08
190651.63%127.13
19066-2.25%124.26
190677.74%133.87
190683.41%138.43
19069-2.67%134.73
1906102.39%137.95
190611-0.58%137.16
190612-2.51%133.72
19071-2.79%129.99
19072-9.46%117.69
190730.89%118.74
19074-3.05%115.12
19075-2.78%111.92
190764.27%116.70
19077-7.06%108.46
19078-0.59%107.82
19079-10.39%96.62
190710-5.33%91.47
1907115.70%96.68
1907124.82%101.34
19081-3.12%98.18
190824.64%102.74
190835.91%108.81
190845.88%115.20
190850.59%115.89
190864.12%120.66
190874.73%126.37
19088-0.67%125.52
190891.64%127.59
1908107.18%136.75
1908112.65%140.37
1908120.70%141.35
19091-2.50%137.82
190921.75%140.23
190934.87%147.05
190943.70%152.49
190952.13%155.73
190961.79%158.51
190972.77%162.90
190980.45%163.63
190990.74%164.85
190910-0.14%164.62
1909111.54%167.15
190912-1.78%164.18
19101-3.21%158.91
191022.85%163.44
19103-2.04%160.12
19104-1.26%158.10
19105-4.42%151.12
19106-4.64%144.11
191072.87%148.25
191081.11%149.89
191095.03%157.44
1910100.31%157.92
191011-2.37%154.17
1910122.86%158.59
191112.15%162.00
19112-0.75%160.78
19113-0.01%160.77
191142.58%164.91
191152.42%168.90
19116-0.01%168.88
19117-4.37%161.50
19118-5.03%153.38
191191.03%154.96
1911104.46%161.88
1911110.87%163.29
1911120.54%164.17
19121-0.45%163.44
191223.31%168.85
191233.54%174.83
191240.31%175.37
191250.41%176.09
191260.52%177.00
191272.71%181.79
191280.91%183.46
191290.20%183.82
191210-0.71%182.51
191211-3.19%176.70
191212-0.43%175.94
19131-3.12%170.46
19132-1.45%167.99
191330.34%168.56
19134-2.28%164.72
19135-4.56%157.21
191361.85%160.12
191373.16%165.17
191381.42%167.52
19139-2.70%163.00
191310-2.06%159.65
1913110.37%160.24
1913124.60%167.62
191411.79%170.61
19142-1.42%168.18
19143-1.94%164.92
191441.09%166.72
19145-0.03%166.67
19146-5.07%158.22
191470.48%158.98
191480.48%159.74
191490.47%160.49
1914100.47%161.24
191411-3.84%155.06
1914122.24%158.54
19151-0.87%157.16
191523.05%161.96
191537.99%174.91
19154-1.90%171.58
191551.58%174.29
191560.07%174.40
191574.69%182.58
191584.14%190.13
191595.95%201.46
1915103.89%209.30
1915110.59%210.53
191512-1.20%207.99
19161-1.00%205.91
191620.08%206.09
19163-0.67%204.70
191642.64%210.11
191651.41%213.06
19166-0.95%211.04
191671.22%213.61
191684.55%223.32
191693.55%231.26
1916102.75%237.63
191611-3.57%229.15
191612-1.87%224.86
19171-5.15%213.29
191723.64%221.05
19173-0.97%218.90
19174-2.83%212.70
191752.61%218.25
19176-2.19%213.47
19177-2.36%208.44
19178-4.17%199.74
19179-4.74%190.27
191710-7.61%175.79
191711-2.61%171.21
1917126.88%182.98
191813.84%190.00
19182-1.27%187.60
19183-0.21%187.21
191843.94%194.59
191850.85%196.24
191861.51%199.21
191871.62%202.43
191880.14%202.72
191894.91%212.67
1918103.17%219.41
191811-1.39%216.37
191812-0.03%216.31
191910.98%218.43
191923.64%226.39
191933.90%235.22
191947.47%252.78
191953.19%260.84
191963.75%270.63
19197-6.25%253.72
191982.09%259.02
191995.60%273.54
191910-2.48%266.74
191911-2.45%260.19
191912-0.51%258.86
19201-7.77%238.75
192027.58%256.84
19203-0.30%256.06
19204-5.77%241.28
19205-1.20%238.39
192060.42%239.40
19207-3.37%231.32
192084.12%240.85
192090.67%242.47
192010-4.53%231.48
192011-8.39%212.06
1920125.03%222.73
19211-0.11%222.48
19212-1.96%218.13
192131.04%220.39
192143.63%228.40
19215-7.43%211.43
192160.31%212.08
19217-0.61%210.79
192183.10%217.31
192191.96%221.57
1921105.96%234.76
1921114.09%244.36
1921120.39%245.31
192212.72%251.99
192224.28%262.76
192236.58%280.06
192244.38%292.33
19225-0.47%290.96
192261.19%294.42
192274.24%306.90
192283.07%316.32
192292.67%324.75
192210-4.52%310.08
1922110.25%310.86
1922121.85%316.62
192314.75%331.65
192322.08%338.54
19233-3.04%328.24
19234-4.25%314.28
19235-3.31%303.88
19236-2.84%295.26
192371.04%298.32
192381.16%301.76
19239-0.94%298.94
1923103.54%309.51
1923113.92%321.64
1923123.79%333.83
192410.95%337.02
19242-1.42%332.25
19243-1.79%326.31
192440.17%326.88
192452.42%334.78
192465.16%352.05
192473.93%365.89
19248-0.48%364.14
19249-0.81%361.20
1924106.08%383.18
1924115.87%405.67
1924124.58%424.27
192511.29%429.73
19252-2.19%420.33
19253-0.61%417.77
192543.67%433.10
192552.24%442.80
192563.22%457.07
192571.79%465.23
192582.74%477.99
192593.73%495.81
1925103.53%513.29
1925112.04%523.74
1925121.93%533.83
192610.56%536.81
19262-6.38%502.55
19263-2.35%490.71
192641.15%496.38
192655.22%522.27
192664.66%546.59
192674.39%570.60
192681.94%581.69
19269-1.83%571.01
1926101.74%580.94
1926112.71%596.66
192612-0.24%595.22
192712.37%609.35
192721.97%621.33
192732.88%639.21
192743.87%663.94
192751.70%675.24
192762.62%692.97
192775.73%732.64
192786.06%777.06
19279-1.17%768.00
1927102.66%788.40
1927112.72%809.83
1927120.77%816.05
19281-0.83%809.29
192825.75%855.79
192836.66%912.81
192843.44%944.16
19285-4.57%901.06
192861.09%910.89
192873.59%943.60
192887.37%1,013.18
192892.36%1,037.07
1928107.08%1,110.52
1928110.70%1,118.23
1928127.69%1,204.26
192910.81%1,214.02
192922.05%1,238.92
19293-0.30%1,235.19
192941.80%1,257.38
192952.20%1,285.06
192969.20%1,403.29
192975.96%1,486.89
192984.24%1,550.00
19299-10.32%1,389.96
192910-26.19%1,025.92
1929114.37%1,070.78
1929121.83%1,090.34
193016.64%1,162.71
193024.12%1,210.63
193036.69%1,291.60
19304-5.65%1,218.60
19305-9.77%1,099.55
19306-1.76%1,080.20
19307-0.90%1,070.52
193080.34%1,074.20
19309-13.37%930.56
193010-6.80%867.29
193011-6.19%813.62
1930123.56%842.56
193118.14%911.14
193122.38%932.83
19313-9.08%848.13
19314-9.16%770.44
19315-2.68%749.80
193163.86%778.72
19317-2.49%759.37
19318-14.37%650.26
19319-12.75%567.35
1931102.05%579.01
193111-18.10%474.21
193112-0.85%470.18
19321-0.05%469.96
193221.14%475.32
19323-23.22%364.93
19324-11.31%323.64
19325-12.39%283.54
193266.18%301.07
1932751.35%455.68
1932810.37%502.92
19329-13.22%436.45
193210-0.34%434.99
193211-2.64%423.50
1932124.57%442.86
19331-11.27%392.96
193320.33%394.27
1933311.24%438.60
1933429.32%567.19
1933517.58%666.92
193368.46%723.35
19337-4.64%689.77
19338-0.48%686.43
19339-9.38%622.07
1933102.80%639.49
1933112.32%654.34
1933126.08%694.16
193417.75%747.95
19342-4.80%712.06
193432.02%726.43
19344-9.83%655.05
193451.70%666.20
19346-4.36%637.19
19347-3.51%614.79
19348-2.01%602.44
193491.21%609.72
1934103.21%629.30
1934111.06%635.96
1934120.40%638.54
19351-2.62%621.82
19352-5.93%584.95
193537.94%631.37
193548.27%683.56
193554.17%712.09
193565.60%751.96
193577.10%805.39
193582.43%824.99
193592.99%849.62
1935109.71%932.12
1935110.29%934.86
1935125.82%989.29
193616.03%1,048.96
193622.41%1,074.26
193630.41%1,078.71
19364-5.02%1,024.56
193654.57%1,071.43
193666.23%1,138.22
193672.30%1,164.37
193681.44%1,181.19
193695.55%1,246.75
1936103.10%1,285.42
193611-1.40%1,267.42
1936123.46%1,311.26
193713.30%1,354.55
193720.23%1,357.67
19373-5.62%1,281.31
19374-4.09%1,228.95
19375-3.34%1,187.93
193766.39%1,263.88
193771.44%1,282.04
19378-13.76%1,105.59
19379-14.10%949.73
193710-8.27%871.23
193711-1.02%862.35
1937123.24%890.26
19381-1.80%874.21
19382-6.02%821.60
19383-3.44%793.31
193841.56%805.65
193852.93%829.29
1938620.49%999.18
193871.06%1,009.74
19388-4.08%968.50
1938911.62%1,081.01
1938100.47%1,086.05
193811-2.55%1,058.35
193812-1.16%1,046.05
19391-0.46%1,041.26
193920.27%1,044.04
19393-12.24%916.24
193944.10%953.77
193952.17%974.48
193962.84%1,002.12
19397-1.07%991.42
1939811.06%1,101.03
193991.38%1,116.26
193910-1.41%1,100.54
193911-1.97%1,078.83
193912-0.15%1,077.23
19401-0.23%1,074.77
19402-0.15%1,073.21
194031.42%1,088.44
19404-13.34%943.23
19405-8.09%866.88
194063.87%900.43
194072.65%924.29
194084.76%968.26
194091.47%982.46
1940102.85%1,010.46
194011-3.59%974.18
1940120.72%981.20
19411-5.72%925.04
194121.18%935.92
19413-2.55%912.09
19414-1.59%897.61
194154.11%934.47
194165.71%987.85
194170.08%988.60
194180.86%997.12
19419-3.43%962.88
194110-4.08%923.56
194111-5.88%869.24
1941122.62%891.98
19421-2.48%869.87
19422-4.76%828.44
19423-3.45%799.83
194241.87%814.79
194255.75%861.63
194264.38%899.38
194270.05%899.79
194281.66%914.74
194297.97%987.64
1942102.15%1,008.92
1942111.06%1,019.57
1942126.50%1,085.88
194316.43%1,155.75
194324.01%1,202.14
194333.79%1,247.66
194344.36%1,302.10
194352.18%1,330.49
194362.47%1,363.38
19437-4.54%1,301.50
194382.55%1,334.73
19439-0.50%1,328.05
194310-4.21%1,272.18
1943111.77%1,294.70
1943123.67%1,342.16
19441-0.24%1,338.89
194423.24%1,382.28
19443-1.31%1,364.19
194442.20%1,394.24
194455.14%1,465.94
194463.02%1,510.20
19447-1.06%1,494.26
19448-1.23%1,475.95
194492.88%1,518.51
194410-0.28%1,514.20
1944112.60%1,553.57
1944123.38%1,606.14
194513.73%1,666.10
194520.31%1,671.35
194532.90%1,719.84
194544.16%1,791.40
194552.19%1,830.59
19456-1.70%1,799.55
194570.71%1,812.27
194587.18%1,942.38
194594.51%2,030.06
1945103.61%2,103.26
1945112.02%2,145.84
1945124.30%2,238.09
194610.59%2,251.20
19462-2.68%2,190.92
194636.77%2,339.23
194640.52%2,351.35
19465-0.34%2,343.38
19466-2.55%2,283.68
19467-1.62%2,246.61
19468-14.42%1,922.59
19469-1.87%1,886.60
194610-0.01%1,886.35
1946113.39%1,950.38
1946120.92%1,968.32
194714.27%2,052.36
19472-3.67%1,976.98
19473-3.30%1,911.78
19474-1.36%1,885.74
194753.92%1,959.67
194766.69%2,090.84
19477-1.56%2,058.25
19478-2.17%2,013.65
194793.03%2,074.60
194710-0.73%2,059.46
194711-1.12%2,036.34
194712-0.86%2,018.73
19481-4.45%1,928.92
194821.92%1,965.94
194838.19%2,126.90
194845.33%2,240.26
194854.59%2,343.03
19486-1.96%2,297.18
19487-2.49%2,240.01
19488-0.68%2,224.83
194893.19%2,295.76
194810-5.10%2,178.66
194811-0.16%2,175.22
1948121.63%2,210.66
19491-3.33%2,137.10
194921.49%2,168.97
194930.41%2,177.94
19494-0.18%2,173.96
19495-4.91%2,067.16
194966.26%2,196.63
194974.17%2,288.24
194981.87%2,331.06
194993.14%2,404.30
1949101.95%2,451.12
1949113.24%2,530.57
1949122.63%2,597.13
195012.52%2,662.65
195021.38%2,699.26
195033.39%2,790.66
195043.91%2,899.90
195052.16%2,962.68
19506-6.72%2,763.48
195076.64%2,946.91
195084.11%3,067.98
195094.72%3,212.83
1950100.38%3,224.92
1950110.19%3,231.19
1950128.01%3,490.10
195114.31%3,640.48
19512-1.11%3,599.98
195131.93%3,669.33
195140.63%3,692.40
19515-1.15%3,650.12
195162.37%3,736.50
195174.97%3,922.03
195183.14%4,045.01
195190.03%4,046.16
195110-2.25%3,954.99
1951113.61%4,097.89
1951123.83%4,254.99
19521-1.33%4,198.31
195220.75%4,229.79
195230.20%4,238.38
195240.46%4,257.87
195253.24%4,396.03
195263.37%4,544.03
195270.88%4,584.04
19528-1.11%4,533.22
19529-1.61%4,460.20
1952103.67%4,623.77
1952114.51%4,832.26
1952120.99%4,880.05
19531-0.77%4,842.30
195320.96%4,888.64
19533-4.47%4,669.98
195341.00%4,716.81
19535-3.11%4,570.23
195361.91%4,657.69
195370.90%4,699.55
19538-4.11%4,506.55
195393.52%4,665.03
1953102.71%4,791.37
1953111.84%4,879.37
1953123.02%5,026.92
195412.68%5,161.46
195422.58%5,294.75
195434.45%5,530.39
195444.42%5,774.97
195451.22%5,845.61
195464.46%6,106.16
195472.39%6,252.36
195482.74%6,423.66
195492.71%6,597.79
1954104.30%6,881.63
1954114.95%7,222.50
1954122.17%7,379.13
195513.70%7,652.50
19552-0.44%7,619.11
195533.81%7,909.26
19554-0.08%7,903.03
195556.15%8,388.68
195567.64%9,029.92
19557-0.30%9,002.90
195584.82%9,436.51
19559-4.72%8,990.65
1955107.07%9,625.95
1955111.24%9,745.04
195512-2.39%9,512.35
195610.95%9,602.66
195627.21%10,294.63
195631.48%10,447.28
19564-2.84%10,150.74
19565-0.26%10,124.14
195665.75%10,706.16
19567-0.28%10,675.68
19568-3.09%10,345.92
19569-0.95%10,247.27
195610-0.71%10,174.26
1956111.81%10,358.31
195612-1.86%10,165.37
19571-4.00%9,759.19
195721.62%9,917.34
195732.64%10,179.55
195744.16%10,603.04
195751.95%10,810.24
195762.32%11,061.27
19577-5.21%10,485.52
19578-3.74%10,093.42
19579-5.90%9,498.25
195710-1.80%9,327.24
1957110.32%9,356.90
1957122.33%9,574.80
195810.70%9,642.00
195822.42%9,875.24
195830.90%9,963.76
195843.56%10,318.26
195852.74%10,600.48
195863.07%10,926.00
195874.05%11,368.97
195882.94%11,703.64
195894.36%12,213.81
1958103.33%12,620.07
1958112.16%12,892.97
1958124.25%13,441.52
19591-1.27%13,271.48
195922.81%13,643.91
195931.94%13,908.11
195941.77%14,153.65
19595-0.61%14,067.84
195964.23%14,662.57
19597-0.32%14,615.87
19598-3.70%14,074.61
195990.18%14,099.48
1959100.67%14,193.82
1959113.46%14,685.37
195912-1.49%14,467.18
19601-3.61%13,945.02
19602-1.08%13,794.68
196031.58%14,013.22
19604-0.62%13,925.70
196053.99%14,481.07
19606-2.20%14,163.05
196071.49%14,374.20
19608-2.72%13,983.12
19609-1.67%13,749.04
1960103.54%14,235.88
1960112.69%14,618.91
1960125.43%15,412.27
196114.37%16,086.42
196123.40%16,632.89
196132.92%17,118.40
196141.26%17,334.67
19615-1.08%17,147.42
19616-0.03%17,142.63
196173.84%17,800.73
19618-0.54%17,704.30
196191.34%17,942.08
1961104.77%18,798.28
1961111.16%19,016.91
196112-3.49%18,353.77
196211.91%18,704.23
196220.34%18,768.01
19623-2.94%18,215.30
19624-7.19%16,906.52
19625-11.41%14,977.02
196262.72%15,384.00
196273.02%15,849.06
19628-0.59%15,755.03
19629-2.86%15,305.01
1962107.20%16,407.10
1962114.62%17,165.73
1962124.15%17,877.54
196311.60%18,162.79
19632-0.11%18,143.12
196334.98%19,046.31
196342.27%19,478.58
196350.22%19,520.78
19636-1.22%19,282.26
196373.03%19,866.73
196382.89%20,441.60
196390.50%20,543.78
196310-0.31%20,480.80
1963112.39%20,970.98
1963123.33%21,669.35
196411.48%21,990.04
196422.07%22,445.46
196431.69%22,825.48
196441.22%23,104.04
19645-0.35%23,023.02
196463.96%23,934.97
19647-1.23%23,641.61
196481.97%24,106.27
196491.97%24,581.21
1964100.94%24,811.52
196411-1.49%24,441.75
1964122.82%25,131.20
196510.98%25,376.24
196520.34%25,461.40
196531.56%25,858.00
196541.73%26,306.01
19655-4.51%25,120.31
196560.10%25,146.15
196572.12%25,678.90
196583.60%26,602.34
196592.50%27,266.55
1965101.08%27,559.93
196511-0.21%27,501.61
1965121.98%28,046.27
19661-0.43%27,925.55
19662-3.86%26,846.97
196633.32%27,738.55
19664-5.01%26,349.52
19665-0.56%26,202.09
196660.02%26,206.91
19667-5.77%24,694.91
19668-3.22%23,898.54
19669-0.56%23,763.66
1966105.32%25,026.95
1966110.72%25,206.09
1966124.13%26,247.17
196713.73%27,226.20
196722.63%27,943.26
196731.99%28,500.03
196742.06%29,086.46
19675-0.99%28,797.98
196761.99%29,371.75
196771.85%29,915.62
196781.65%30,410.39
196790.10%30,440.02
196710-2.88%29,562.82
1967113.11%30,482.73
196712-0.02%30,477.40
19681-4.26%29,179.99
19682-1.56%28,725.00
196837.66%30,925.83
196842.56%31,716.82
196852.94%32,649.52
196860.05%32,665.49
19687-1.93%32,033.76
196883.51%33,157.41
196892.72%34,058.35
1968101.79%34,666.55
1968111.29%35,112.13
196812-3.99%33,712.86
19691-0.24%33,632.43
19692-1.91%32,988.78
196932.27%33,739.03
196943.51%34,924.45
19695-4.97%33,188.24
19696-4.21%31,792.56
19697-0.28%31,702.40
196980.63%31,901.65
196991.35%32,331.18
1969101.00%32,653.67
196911-5.03%31,012.02
196912-0.59%30,829.34
19701-3.20%29,844.01
197022.01%30,444.55
19703-2.75%29,608.03
19704-11.20%26,292.22
19705-0.27%26,221.26
197060.52%26,358.28
197073.26%27,216.45
197086.32%28,936.88
197092.49%29,657.27
1970100.21%29,718.59
1970117.16%31,845.95
1970124.11%33,155.03
197114.15%34,531.32
197122.83%35,509.19
197133.67%36,813.75
19714-1.11%36,405.90
19715-1.60%35,824.91
19716-0.46%35,659.06
19717-1.52%35,118.07
197182.49%35,991.24
19719-1.86%35,320.48
197110-4.37%33,776.44
1971117.16%36,196.05
1971124.42%37,796.83
197212.09%38,585.64
197222.62%39,596.43
197231.26%40,094.91
19724-0.78%39,783.82
197250.52%39,989.14
19726-0.50%39,787.65
197273.78%41,293.09
19728-1.21%40,793.26
197290.42%40,963.54
1972105.25%43,115.85
1972112.31%44,112.48
1972120.99%44,548.91
19731-3.33%43,067.60
19732-1.35%42,488.20
19733-1.63%41,794.23
19734-2.57%40,720.22
19735-1.99%39,909.98
197361.21%40,392.98
19737-1.64%39,732.39
197382.00%40,525.16
197394.24%42,241.53
197310-6.85%39,346.78
197311-6.81%36,669.12
1973121.70%37,292.65
19741-2.47%36,370.46
197424.57%38,034.27
19743-4.82%36,202.30
19744-2.71%35,222.78
197450.46%35,383.83
19746-11.35%31,368.88
19747-3.76%30,187.92
19748-10.01%27,165.03
197492.38%27,810.72
1974103.74%28,851.80
197411-6.09%27,094.19
1974128.63%29,433.17
1975110.81%32,614.17
197524.97%34,236.29
197531.49%34,745.39
197546.71%37,077.72
197552.89%38,150.98
197560.43%38,315.79
19757-7.00%35,635.12
19758-0.85%35,331.27
197594.97%37,087.68
1975102.04%37,844.90
197511-1.18%37,398.47
1975129.55%40,968.26
197614.18%42,679.97
197620.80%43,022.43
197631.10%43,493.72
19764-0.38%43,327.02
197650.90%43,717.22
197662.67%44,882.44
19767-0.56%44,630.82
197682.44%45,718.87
19769-3.11%44,297.83
197610-0.37%44,135.41
1976113.79%45,806.60
197612-0.54%45,560.50
19771-2.37%44,481.36
19772-0.05%44,457.26
19773-1.19%43,926.58
197740.06%43,954.92
197750.90%44,350.41
197761.28%44,919.17
19777-2.08%43,985.48
19778-1.18%43,468.50
19779-2.20%42,513.12
1977100.98%42,930.24
197711-0.08%42,895.83
197712-3.39%41,441.51
19781-0.97%41,038.70
197820.27%41,147.73
197834.83%43,135.16
197845.50%45,509.46
197850.67%45,815.99
19786-0.06%45,787.45
197877.33%49,142.82
197880.40%49,339.24
19789-2.77%47,970.82
197810-5.44%45,362.33
1978111.92%46,234.57
1978124.19%48,169.63
19791-1.06%47,660.50
197922.34%48,776.31
197932.43%49,962.01
19794-1.89%49,016.22
197952.42%50,201.25
197961.42%50,914.54
197975.01%53,467.56
197981.54%54,291.20
19799-3.35%52,471.08
197910-0.32%52,301.90
1979114.40%54,605.27
1979123.31%56,414.05
198014.40%58,893.93
19802-8.78%53,724.32
19803-1.16%53,100.02
198045.04%55,774.21
198056.86%59,601.81
198064.97%62,563.70
198073.50%64,756.36
198082.84%66,592.73
198093.32%68,806.78
1980104.61%71,982.01
198011-1.24%71,085.99
1980120.01%71,093.09
19811-3.07%68,910.41
198124.14%71,765.57
198131.29%72,694.07
19814-1.62%71,518.41
198150.86%72,131.74
19816-2.02%70,677.39
198170.80%71,244.62
19818-8.30%65,329.40
198191.73%66,457.80
1981103.04%68,480.60
1981111.18%69,288.24
198112-4.80%65,959.55
19821-1.91%64,697.15
19822-2.74%62,921.51
198235.47%66,362.89
198240.57%66,740.92
19825-5.27%63,223.26
198260.24%63,377.43
198270.79%63,880.63
1982812.10%71,607.87
198298.88%77,967.66
1982104.50%81,476.13
1982111.36%82,580.54
1982123.93%85,822.45
198312.13%87,650.48
198323.87%91,038.71
198334.20%94,859.96
198344.42%99,056.58
198351.75%100,793.54
198360.71%101,507.29
19837-2.41%99,063.82
198383.31%102,346.63
198390.65%103,009.76
198310-1.14%101,833.98
198311-0.13%101,703.51
1983121.58%103,306.29
19841-5.11%98,025.08
198420.44%98,458.71
198430.51%98,958.09
19844-0.25%98,708.15
19845-1.85%96,883.72
19846-0.91%96,003.58
198479.21%104,842.21
198481.41%106,317.31
19849-0.41%105,878.85
1984101.29%107,240.35
198411-0.71%106,481.56
1984124.70%111,483.61
198515.79%117,935.57
19852-0.48%117,371.46
198531.02%118,574.18
198542.74%121,817.94
198552.51%124,876.74
198562.25%127,683.00
19857-1.85%125,326.85
19858-1.88%122,964.45
198591.50%124,803.46
1985106.42%132,816.49
1985115.29%139,848.47
1985120.75%140,899.76
198615.70%148,927.16
198626.18%158,134.99
198632.74%162,470.14
198640.49%163,269.22
198653.13%168,384.84
19866-1.80%165,347.32
198672.28%169,118.65
19868-2.46%164,964.70
19869-0.09%164,816.44
1986103.53%170,639.32
1986111.71%173,555.44
1986126.67%185,137.44
198716.46%197,100.80
198724.38%205,726.73
19873-0.86%203,964.87
198740.17%204,317.38
198754.50%213,508.48
198763.12%220,174.43
198776.45%234,384.51
19878-3.03%227,281.66
19879-11.85%200,339.95
198710-12.30%175,691.30
198711-1.33%173,346.36
1987124.25%180,707.58
198813.33%186,722.55
198823.23%192,757.54
19883-0.89%191,049.66
19884-2.19%186,868.98
198856.00%198,077.76
19886-0.31%197,469.81
19887-1.72%194,076.32
198881.93%197,816.50
198893.80%205,336.73
198810-2.02%201,188.42
1988112.33%205,867.97
1988123.51%213,099.40
198913.30%220,131.37
19892-0.16%219,775.51
198933.56%227,610.06
198944.12%236,976.90
198953.39%245,016.64
198962.80%251,877.53
198974.69%263,692.48
198980.46%264,893.70
198990.29%265,651.97
198910-1.81%260,834.24
1989112.74%267,972.51
198912-2.21%262,047.03
19901-2.53%255,424.62
199022.71%262,339.39
199030.20%262,853.54
199043.85%272,975.83
199053.17%281,629.05
199060.17%282,107.04
19907-7.86%259,929.97
19908-4.34%248,646.25
19909-2.32%242,888.18
1990102.98%250,135.51
1990114.59%261,608.24
199012-0.69%259,815.77
1991111.61%289,972.01
199123.04%298,800.55
199132.26%305,549.94
19914-0.18%305,003.38
199150.35%306,061.78
199160.78%308,450.54
199172.68%316,713.73
19918-0.30%315,753.77
199190.18%316,327.32
1991100.02%316,377.29
1991110.94%319,335.86
1991127.36%342,832.67
19921-0.60%340,772.77
19922-1.01%337,322.87
199230.26%338,214.42
199242.07%345,209.88
19925-1.33%340,621.62
199261.91%347,134.76
199270.94%350,403.79
199280.38%351,728.98
19929-1.18%347,571.35
1992102.76%357,153.55
1992113.27%368,836.76
1992120.14%369,363.80
199311.72%375,732.55
199322.15%383,811.37
19933-1.34%378,661.60
199340.72%381,405.85
199350.87%384,705.71
199360.06%384,940.39
199371.76%391,724.84
199381.35%397,032.60
199391.24%401,963.37
1993100.01%401,993.70
1993110.89%405,560.11
1993121.74%412,600.14
19941-0.08%412,287.80
19942-1.42%406,417.57
19943-3.35%392,817.31
199441.06%396,974.26
199451.11%401,373.11
19946-0.52%399,290.48
199473.08%411,596.93
199480.82%414,961.59
19949-0.44%413,119.13
199410-0.37%411,591.07
199411-1.03%407,369.35
1994122.45%417,354.69
199513.82%433,293.85
199522.56%444,378.25
199533.22%458,667.46
199543.35%474,022.55
199553.18%489,088.99
199563.55%506,439.32
199570.51%509,037.98
199583.72%527,962.31
199590.91%532,780.32
1995102.36%545,345.33
1995113.39%563,827.84
1995120.16%564,744.51
199615.90%598,089.25
19962-0.20%596,888.90
199630.20%598,065.02
199642.35%612,148.41
199651.28%619,975.30
19966-3.48%598,421.46
199673.08%616,827.42
199682.02%629,310.32
199694.12%655,234.75
1996105.05%688,337.74
1996111.20%696,585.60
1996123.26%719,277.15
199714.36%750,646.00
19972-0.62%745,964.34
19973-3.41%720,562.41
199749.22%786,982.64
199755.34%828,982.52
199765.74%876,532.34
199770.35%879,580.82
199781.19%890,065.49
199791.65%904,710.42
199710-1.15%894,287.76
1997112.63%917,848.81
1997120.24%920,024.93
199816.40%978,926.38
199825.31%1,030,935.49
199833.41%1,066,045.80
19984-0.22%1,063,680.70
199850.12%1,064,919.43
199864.47%1,112,496.48
19987-6.97%1,034,944.27
19988-4.90%984,248.04
199891.29%996,953.27
19981010.97%1,106,362.76
1998114.10%1,151,769.04
1998125.05%1,209,906.74
19991-0.07%1,209,099.61
199922.92%1,244,447.76
199934.25%1,297,337.06
19994-0.10%1,296,054.88
19995-0.61%1,288,126.04
199964.52%1,346,380.09
19997-3.77%1,295,562.51
19998-0.60%1,287,814.83
19999-1.27%1,271,427.76
1999107.11%1,361,774.78
1999112.81%1,400,023.36
199912-0.12%1,398,358.28
20001-2.48%1,363,705.88
200023.94%1,417,448.90
200031.42%1,437,642.80
20004-2.84%1,396,831.08
200053.16%1,441,019.56
200060.85%1,453,273.16
200070.94%1,466,929.73
20008-1.08%1,451,092.01
20009-5.21%1,375,428.74
200010-0.77%1,364,802.67
200011-3.32%1,319,490.22
2000120.46%1,325,494.00
20011-2.14%1,297,178.03
20012-9.08%1,179,395.52
200130.45%1,184,687.40
200146.88%1,266,185.99
20015-2.39%1,235,941.21
20016-2.66%1,203,062.36
20017-2.05%1,178,449.64
20018-11.25%1,045,905.58
200193.18%1,079,207.54
2001105.05%1,133,741.48
2001111.47%1,150,362.69
200112-0.30%1,146,938.18
20021-3.35%1,108,483.99
200224.95%1,163,301.53
20023-3.51%1,122,418.08
20024-2.82%1,090,761.72
20025-5.92%1,026,178.18
20026-10.76%915,776.81
200271.14%926,205.59
20028-4.76%882,139.22
20029-1.37%870,080.00
2002106.63%927,727.82
200211-1.04%918,125.27
200212-0.22%916,082.28
20031-6.41%857,317.11
200321.31%868,529.94
200335.29%914,439.21
200345.31%963,016.15
200355.70%1,017,948.38
200360.60%1,024,014.34
20037-0.17%1,022,311.16
200383.16%1,054,628.26
200392.03%1,076,014.32
2003101.21%1,089,040.40
2003113.06%1,122,406.53
2003124.93%1,177,796.86
200411.09%1,190,595.53
20042-1.57%1,171,960.37
200430.97%1,183,306.55
20044-2.56%1,152,963.58
200452.86%1,185,911.55
20046-2.24%1,159,361.60
20047-1.39%1,143,274.65
200482.78%1,175,087.69
200490.10%1,176,293.27
2004104.77%1,232,448.29
2004112.73%1,266,062.67
200412-1.35%1,248,980.68
200511.68%1,269,978.62
20052-0.26%1,266,732.71
20053-2.41%1,236,218.15
200541.34%1,252,732.43
200552.18%1,280,050.73
200561.81%1,303,191.37
200570.31%1,307,231.50
200580.28%1,310,887.71
20059-2.62%1,276,487.13
2005103.96%1,327,055.71
2005112.14%1,355,509.52
2005121.47%1,375,391.73
20061-0.02%1,375,162.87
200621.49%1,395,599.69
200630.80%1,406,741.20
20064-0.79%1,395,675.27
20065-2.71%1,357,911.19
200660.72%1,367,688.70
200672.29%1,399,032.83
200682.53%1,434,444.78
200693.62%1,486,313.06
2006102.00%1,516,063.74
2006112.15%1,548,632.80
2006120.69%1,559,362.14
200711.60%1,584,250.31
20072-2.47%1,545,057.68
200734.18%1,609,645.11
200743.39%1,664,240.30
200750.34%1,669,980.29
200760.57%1,679,576.32
20077-4.20%1,609,015.51
200783.07%1,658,488.61
200792.99%1,708,104.50
200710-4.81%1,626,007.70
2007111.24%1,646,141.27
200712-6.64%1,536,916.55
20081-1.56%1,512,879.70
20082-2.63%1,473,141.86
200834.24%1,535,659.09
200842.56%1,575,011.96
20085-4.25%1,508,127.78
20086-6.08%1,416,456.66
200872.11%1,446,351.48
20088-4.85%1,376,239.06
20089-20.19%1,098,327.06
200810-8.61%1,003,812.19
200811-0.35%1,000,286.63
200812-1.10%989,327.92
20091-6.70%923,018.16
20092-5.69%870,522.09
2009312.32%977,785.64
200946.66%1,042,904.42
200952.87%1,072,823.90
200961.28%1,086,530.75
200978.12%1,174,765.14
200983.65%1,217,648.10
200992.40%1,246,909.50
2009102.09%1,273,023.85
2009112.23%1,301,359.55
2009121.36%1,319,018.58
20101-2.90%1,280,787.18
201025.94%1,356,904.82
201034.09%1,412,374.14
20104-5.88%1,329,292.69
20105-3.54%1,282,188.35
20106-0.16%1,280,148.74
201070.86%1,291,204.25
201083.37%1,334,732.74
201094.58%1,395,829.28
2010102.49%1,430,598.20
2010113.71%1,483,726.84
2010123.46%1,535,096.33
201113.15%1,583,465.12
20112-1.11%1,565,849.69
201132.22%1,600,626.95
201140.66%1,611,178.84
20115-3.66%1,552,167.80
201163.10%1,600,311.94
20117-10.40%1,433,869.15
20118-0.79%1,422,552.41
201193.02%1,465,497.92
2011101.77%1,491,395.07
2011111.55%1,514,582.55
2011124.78%1,587,018.34
201214.16%1,653,079.70
201222.88%1,700,751.83
20123-0.04%1,700,101.97
20124-3.09%1,647,552.63
20125-1.15%1,628,566.05
201262.92%1,676,137.87
201273.39%1,732,920.41
201283.02%1,785,274.81
20129-0.22%1,781,398.36
201210-2.84%1,730,851.29
2012112.18%1,768,506.57
2012124.27%1,843,999.90
201312.33%1,887,020.82
201322.72%1,938,394.09
201331.45%1,966,574.30
201344.57%2,056,530.71
20135-1.12%2,033,543.32
201363.25%2,099,724.53
201370.25%2,105,026.93
201381.19%2,130,128.68
201392.12%2,175,235.22
2013103.86%2,259,199.17
2013111.52%2,293,576.54
2013120.97%2,315,773.95
20141-0.13%2,312,762.61
201422.72%2,375,722.24
201430.20%2,380,514.64
201441.53%2,416,984.95
201453.20%2,494,239.47
201461.50%2,531,548.85
20147-0.43%2,520,740.39
201481.78%2,565,560.00
20149-2.65%2,497,660.31
2014105.71%2,640,168.12
2014110.63%2,656,903.82
201412-1.11%2,627,410.98
201512.83%2,701,698.35
201520.06%2,703,194.10
201530.88%2,726,939.22
201540.98%2,753,633.33
20155-0.44%2,741,641.26
20156-0.08%2,739,458.09
20157-2.42%2,673,042.73
20158-4.51%2,552,566.14
201594.32%2,662,763.47
2015102.93%2,740,848.21
201511-1.10%2,710,617.48
201512-6.42%2,536,606.09
20161-0.55%2,522,657.06
201626.36%2,683,166.86
201632.83%2,759,134.30
20164-0.30%2,750,736.45
201651.07%2,780,072.79
201663.30%2,871,743.99
201671.20%2,906,183.58
20168-0.44%2,893,434.99
20169-0.51%2,878,794.76
2016101.20%2,913,373.70
2016113.95%3,028,334.38
2016121.44%3,071,870.76
201712.58%3,151,015.83
201721.75%3,206,135.19
20173-0.15%3,201,197.62
201741.69%3,255,373.83
201751.78%3,313,203.20
201760.99%3,345,933.81
201770.25%3,354,225.21
201781.65%3,409,679.37
201792.73%3,502,927.26
2017101.59%3,558,608.70
2017112.88%3,661,220.69
2017124.86%3,839,225.52
20181-2.89%3,728,399.12
201820.06%3,730,806.85
20183-1.66%3,668,727.27
201841.96%3,740,693.80
201852.11%3,819,733.53
201861.58%3,880,113.66
201872.45%3,975,207.68
201881.68%4,041,981.14
20189-3.85%3,886,405.85
201810-2.08%3,805,719.85
201811-5.56%3,594,026.22
2018121.74%3,656,405.45
201915.83%3,869,533.76
201921.95%3,944,913.13
201933.72%4,091,790.90
20194-1.53%4,029,113.32
201951.40%4,085,712.26
201963.83%4,242,086.51
20197-3.13%4,109,121.96
201983.09%4,235,897.72
201990.01%4,236,312.95
2019104.43%4,424,138.03
2019112.47%4,533,384.15
2019123.35%4,685,089.20
202010.12%4,690,808.61
20202-18.92%3,803,415.09
202034.32%3,967,669.92
202045.89%4,201,261.14
202056.51%4,474,690.64
202063.48%4,630,250.35
202075.89%4,903,134.38
20208-0.63%4,872,391.60
202091.73%4,956,489.14
2020103.95%5,152,474.50
2020114.26%5,371,974.06
2020122.80%5,522,136.84
202112.49%5,659,722.45
202120.82%5,706,209.02
202136.02%6,049,807.60
202140.76%6,095,800.15
202151.81%6,206,159.90
202163.07%6,396,577.39
202172.19%6,536,352.96
20218-0.08%6,530,829.82
202190.45%6,560,360.67
2021104.74%6,871,632.99
2021110.27%6,889,870.55
202112-2.05%6,748,493.66
20221-2.90%6,552,613.91
20222-0.89%6,494,126.36
202230.12%6,501,809.03
20224-7.87%5,989,939.14
20225-3.37%5,788,115.03
202260.46%5,815,011.56
202276.45%6,189,928.25
20228-7.28%5,739,462.16
20229-3.09%5,562,045.33
2022105.29%5,856,004.67
2022110.01%5,856,639.31
2022121.38%5,937,253.39
202313.15%6,124,097.07
20232-2.59%5,965,763.01
202334.00%6,204,168.10
202340.74%6,249,935.95
202354.94%6,558,819.46
202363.88%6,813,042.05
20237-1.13%6,736,393.88
202381.31%6,824,670.73
Click to show 1434 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 1903. This would result in a final amount of $7,773,212.11, including dividend reinvestments. In this particular case, dollar-cost average returns are greater than the returns of a lump-sum investment (which ends with $6,824,670.73).

YearMonthContribution ($)Amount ($)
190314.164.14
190324.167.98
190334.1611.68
190344.1615.57
190354.1618.70
190364.1621.88
190374.1625.30
190384.1628.85
190394.1632.07
1903104.1636.49
1903114.1642.70
1903124.1647.84
190414.1650.80
190424.1655.02
190434.1660.88
190444.1663.92
190454.1668.46
190464.1675.92
190474.1683.10
190484.1691.44
190494.16101.55
1904104.16111.79
1904114.16117.44
1904124.32124.78
19051-130.64
19052-134.74
19053-133.50
19054-127.32
19055-129.21
19056-133.67
19057-139.05
19058-139.91
19059-142.29
190510-141.95
190511-145.87
190512-151.34
19061-150.69
19062-147.44
19063-145.88
19064-142.47
19065-144.79
19066-141.53
19067-152.48
19068-157.67
19069-153.46
190610-157.12
190611-156.22
190612-152.30
19071-148.06
19072-134.05
19073-135.24
19074-131.12
19075-127.48
19076-132.92
19077-123.54
19078-122.81
19079-110.05
190710-104.18
190711-110.12
190712-115.43
19081-111.83
19082-117.02
19083-123.93
19084-131.21
19085-131.99
19086-137.44
19087-143.94
19088-142.97
19089-145.32
190810-155.75
190811-159.87
190812-161.00
19091-156.97
19092-159.72
19093-167.49
19094-173.68
19095-177.37
19096-180.54
19097-185.54
19098-186.37
19099-187.76
190910-187.50
190911-190.38
190912-187.00
19101-181.00
19102-186.16
19103-182.37
19104-180.07
19105-172.12
19106-164.14
19107-168.85
19108-170.73
19109-179.32
191010-179.87
191011-175.60
191012-180.63
19111-184.51
19112-183.13
19113-183.11
19114-187.83
19115-192.37
19116-192.35
19117-183.95
19118-174.70
19119-176.50
191110-184.38
191111-185.99
191112-186.99
19121-186.15
19122-192.32
19123-199.13
19124-199.74
19125-200.56
19126-201.60
19127-207.06
19128-208.95
19129-209.37
191210-207.88
191211-201.26
191212-200.40
19131-194.15
19132-191.34
19133-191.99
19134-187.62
19135-179.06
19136-182.37
19137-188.13
19138-190.80
19139-185.66
191310-181.84
191311-182.51
191312-190.91
19141-194.33
19142-191.56
19143-187.84
19144-189.89
19145-189.84
19146-180.21
19147-181.08
19148-181.94
19149-182.80
191410-183.65
191411-176.61
191412-180.57
19151-179.01
19152-184.47
19153-199.21
19154-195.43
19155-198.51
19156-198.64
19157-207.95
19158-216.56
19159-229.46
191510-238.38
191511-239.79
191512-236.90
19161-234.53
19162-234.73
19163-233.16
19164-239.31
19165-242.68
19166-240.37
19167-243.30
19168-254.36
19169-263.40
191610-270.66
191611-261.00
191612-256.12
19171-242.94
19172-251.78
19173-249.32
19174-242.26
19175-248.58
19176-243.14
19177-237.42
19178-227.50
19179-216.71
191710-200.22
191711-195.01
191712-208.41
19181-216.41
19182-213.67
19183-213.23
19184-221.63
19185-223.52
19186-226.89
19187-230.57
19188-230.90
19189-242.23
191810-249.91
191811-246.45
191812-246.37
19191-248.79
19192-257.85
19193-267.91
19194-287.91
19195-297.09
19196-308.25
19197-288.98
19198-295.02
19199-311.55
191910-303.81
191911-296.36
191912-294.83
19201-271.93
19202-292.54
19203-291.65
19204-274.82
19205-271.53
19206-272.67
19207-263.47
19208-274.33
19209-276.17
192010-263.65
192011-241.54
192012-253.69
19211-253.41
19212-248.45
19213-251.03
19214-260.15
19215-240.81
19216-241.56
19217-240.08
19218-247.52
19219-252.36
192110-267.39
192111-278.33
192112-279.41
19221-287.01
19222-299.28
19223-318.98
19224-332.96
19225-331.40
19226-335.34
19227-349.55
19228-360.28
19229-369.89
192210-353.18
192211-354.07
192212-360.62
19231-377.75
19232-385.60
19233-373.86
19234-357.96
19235-346.12
19236-336.30
19237-339.78
19238-343.71
19239-340.49
192310-352.53
192311-366.34
192312-380.23
19241-383.86
19242-378.43
19243-371.67
19244-372.31
19245-381.32
19246-400.98
19247-416.75
19248-414.75
19249-411.41
192410-436.44
192411-462.05
192412-483.24
19251-489.46
19252-478.75
19253-475.84
19254-493.30
19255-504.35
19256-520.59
19257-529.89
19258-544.43
19259-564.72
192510-584.63
192511-596.54
192512-608.03
19261-611.42
19262-572.39
19263-558.91
19264-565.36
19265-594.86
19266-622.55
19267-649.90
19268-662.53
19269-650.38
192610-661.68
192611-679.58
192612-677.95
19271-694.04
19272-707.68
19273-728.05
19274-756.22
19275-769.09
19276-789.28
19277-834.47
19278-885.06
19279-874.74
192710-897.98
192711-922.38
192712-929.47
19281-921.77
19282-974.74
19283-1,039.67
19284-1,075.39
19285-1,026.29
19286-1,037.49
19287-1,074.75
19288-1,154.00
19289-1,181.21
192810-1,264.86
192811-1,273.65
192812-1,371.63
19291-1,382.76
19292-1,411.12
19293-1,406.86
19294-1,432.14
19295-1,463.67
19296-1,598.33
19297-1,693.55
19298-1,765.43
19299-1,583.15
192910-1,168.51
192911-1,219.61
192912-1,241.88
19301-1,324.31
19302-1,378.90
19303-1,471.11
19304-1,387.97
19305-1,252.37
19306-1,230.33
19307-1,219.31
19308-1,223.50
19309-1,059.90
193010-987.83
193011-926.71
193012-959.67
19311-1,037.77
19312-1,062.48
19313-966.01
19314-877.52
19315-854.01
19316-886.96
19317-864.91
19318-740.64
19319-646.21
193110-659.48
193111-540.12
193112-535.53
19321-535.28
19322-541.39
19323-415.65
19324-368.62
19325-322.94
19326-342.92
19327-519.02
19328-572.82
19329-497.11
193210-495.44
193211-482.36
193212-504.41
19331-447.58
19332-449.07
19333-499.56
19334-646.02
19335-759.61
19336-823.89
19337-785.64
19338-781.84
19339-708.53
193310-728.37
193311-745.29
193312-790.64
19341-851.90
19342-811.02
19343-827.40
19344-746.09
19345-758.80
19346-725.75
19347-700.24
19348-686.18
19349-694.47
193410-716.76
193411-724.36
193412-727.29
19351-708.24
19352-666.24
19353-719.12
19354-778.57
19355-811.06
19356-856.48
19357-917.33
19358-939.65
19359-967.71
193510-1,061.68
193511-1,064.80
193512-1,126.79
19361-1,194.76
19362-1,223.56
19363-1,228.64
19364-1,166.97
19365-1,220.34
19366-1,296.42
19367-1,326.21
19368-1,345.36
19369-1,420.03
193610-1,464.08
193611-1,443.58
193612-1,493.50
19371-1,542.82
19372-1,546.37
19373-1,459.39
19374-1,399.76
19375-1,353.03
19376-1,439.54
19377-1,460.22
19378-1,259.26
19379-1,081.73
193710-992.32
193711-982.21
193712-1,014.00
19381-995.72
19382-935.79
19383-903.57
19384-917.63
19385-944.55
19386-1,138.05
19387-1,150.09
19388-1,103.11
19389-1,231.26
193810-1,237.00
193811-1,205.45
193812-1,191.44
19391-1,185.98
19392-1,189.14
19393-1,043.58
19394-1,086.33
19395-1,109.92
19396-1,141.40
19397-1,129.21
19398-1,254.06
19399-1,271.41
193910-1,253.50
193911-1,228.77
193912-1,226.95
19401-1,224.15
19402-1,222.37
19403-1,239.72
19404-1,074.33
19405-987.37
19406-1,025.57
19407-1,052.75
19408-1,102.84
19409-1,119.00
194010-1,150.90
194011-1,109.58
194012-1,117.57
19411-1,053.60
19412-1,066.00
19413-1,038.86
19414-1,022.37
19415-1,064.35
19416-1,125.15
19417-1,126.00
19418-1,135.71
19419-1,096.71
194110-1,051.92
194111-990.05
194112-1,015.95
19421-990.77
19422-943.58
19423-911.00
19424-928.04
19425-981.38
19426-1,024.39
19427-1,024.85
19428-1,041.88
19429-1,124.90
194210-1,149.14
194211-1,161.28
194212-1,236.81
19431-1,316.38
19432-1,369.23
19433-1,421.07
19434-1,483.08
19435-1,515.41
19436-1,552.87
19437-1,482.39
19438-1,520.24
19439-1,512.63
194310-1,449.00
194311-1,474.65
194312-1,528.71
19441-1,524.98
19442-1,574.40
19443-1,553.79
19444-1,588.03
19445-1,669.69
19446-1,720.09
19447-1,701.94
19448-1,681.09
19449-1,729.56
194410-1,724.65
194411-1,769.49
194412-1,829.38
19451-1,897.67
19452-1,903.64
19453-1,958.88
19454-2,040.38
19455-2,085.01
19456-2,049.66
19457-2,064.15
19458-2,212.34
19459-2,312.21
194510-2,395.59
194511-2,444.09
194512-2,549.16
19461-2,564.09
19462-2,495.43
19463-2,664.35
19464-2,678.15
19465-2,669.08
19466-2,601.09
19467-2,558.86
19468-2,189.81
19469-2,148.81
194610-2,148.53
194611-2,221.45
194612-2,241.89
19471-2,337.61
19472-2,251.76
19473-2,177.49
19474-2,147.83
19475-2,232.04
19476-2,381.44
19477-2,344.32
19478-2,293.52
19479-2,362.94
194710-2,345.69
194711-2,319.37
194712-2,299.30
19481-2,197.02
19482-2,239.18
19483-2,422.51
19484-2,551.63
19485-2,668.68
19486-2,616.46
19487-2,551.35
19488-2,534.05
19489-2,614.85
194810-2,481.47
194811-2,477.54
194812-2,517.91
19491-2,434.13
19492-2,470.43
19493-2,480.65
19494-2,476.11
19495-2,354.47
19496-2,501.94
19497-2,606.28
19498-2,655.05
19499-2,738.46
194910-2,791.79
194911-2,882.29
194912-2,958.10
19501-3,032.72
19502-3,074.42
19503-3,178.53
19504-3,302.95
19505-3,374.45
19506-3,147.57
19507-3,356.49
19508-3,494.39
19509-3,659.38
195010-3,673.14
195011-3,680.29
195012-3,975.18
19511-4,146.46
19512-4,100.34
19513-4,179.32
19514-4,205.59
19515-4,157.43
19516-4,255.82
19517-4,467.14
19518-4,607.22
19519-4,608.53
195110-4,504.68
195111-4,667.44
195112-4,846.38
19521-4,781.83
19522-4,817.68
19523-4,827.46
19524-4,849.65
19525-5,007.02
19526-5,175.60
19527-5,221.17
19528-5,163.28
19529-5,080.11
195210-5,266.42
195211-5,503.88
195212-5,558.31
19531-5,515.32
19532-5,568.10
19533-5,319.05
19534-5,372.38
19535-5,205.43
19536-5,305.05
19537-5,352.73
19538-5,132.90
19539-5,313.41
195310-5,457.31
195311-5,557.54
195312-5,725.60
19541-5,878.83
19542-6,030.65
19543-6,299.04
19544-6,577.62
19545-6,658.07
19546-6,954.84
19547-7,121.36
19548-7,316.47
19549-7,514.79
195410-7,838.09
195411-8,226.34
195412-8,404.73
19551-8,716.10
19552-8,678.07
19553-9,008.54
19554-9,001.45
19555-9,554.60
19556-10,284.97
19557-10,254.18
19558-10,748.07
19559-10,240.24
195510-10,963.83
195511-11,099.47
195512-10,834.44
19561-10,937.30
19562-11,725.46
19563-11,899.32
19564-11,561.56
19565-11,531.26
19566-12,194.18
19567-12,159.46
19568-11,783.88
19569-11,671.50
195610-11,588.35
195611-11,797.98
195612-11,578.23
19571-11,115.59
19572-11,295.72
19573-11,594.38
19574-12,076.73
19575-12,312.73
19576-12,598.65
19577-11,942.87
19578-11,496.27
19579-10,818.38
195710-10,623.60
195711-10,657.39
195712-10,905.57
19581-10,982.12
19582-11,247.77
19583-11,348.60
19584-11,752.36
19585-12,073.81
19586-12,444.57
19587-12,949.11
19588-13,330.30
19589-13,911.37
195810-14,374.09
195811-14,684.92
195812-15,309.72
19591-15,116.05
19592-15,540.23
19593-15,841.16
19594-16,120.82
19595-16,023.09
19596-16,700.48
19597-16,647.28
19598-16,030.79
19599-16,059.13
195910-16,166.58
195911-16,726.45
195912-16,477.93
19601-15,883.20
19602-15,711.96
19603-15,960.88
19604-15,861.20
19605-16,493.76
19606-16,131.53
19607-16,372.03
19608-15,926.59
19609-15,659.98
196010-16,214.48
196011-16,650.75
196012-17,554.38
19611-18,322.23
19612-18,944.64
19613-19,497.64
19614-19,743.96
19615-19,530.69
19616-19,525.23
19617-20,274.80
19618-20,164.97
19619-20,435.80
196110-21,411.00
196111-21,660.02
196112-20,904.70
19621-21,303.88
19622-21,376.52
19623-20,747.00
19624-19,256.31
19625-17,058.63
19626-17,522.18
19627-18,051.88
19628-17,944.77
19629-17,432.21
196210-18,687.48
196211-19,551.55
196212-20,362.29
19631-20,687.18
19632-20,664.78
19633-21,693.50
19634-22,185.85
19635-22,233.91
19636-21,962.24
19637-22,627.95
19638-23,282.71
19639-23,399.10
196310-23,327.37
196311-23,885.67
196312-24,681.11
19641-25,046.37
19642-25,565.09
19643-25,997.93
19644-26,315.20
19645-26,222.92
19646-27,261.62
19647-26,927.48
19648-27,456.73
19649-27,997.68
196410-28,260.00
196411-27,838.84
196412-28,624.11
19651-28,903.21
19652-29,000.21
19653-29,451.93
19654-29,962.21
19655-28,611.71
19656-28,641.14
19657-29,247.93
19658-30,299.72
19659-31,056.25
196510-31,390.41
196511-31,323.98
196512-31,944.34
19661-31,806.85
19662-30,578.36
19663-31,593.85
19664-30,011.76
19665-29,843.84
19666-29,849.33
19667-28,127.19
19668-27,220.13
19669-27,066.50
196610-28,505.37
196611-28,709.41
196612-29,895.19
19671-31,010.29
19672-31,827.02
19673-32,461.16
19674-33,129.11
19675-32,800.53
19676-33,454.05
19677-34,073.50
19678-34,637.05
19679-34,670.79
196710-33,671.67
196711-34,719.44
196712-34,713.37
19681-33,235.63
19682-32,717.41
19683-35,224.13
19684-36,125.05
19685-37,187.38
19686-37,205.57
19687-36,486.04
19688-37,765.86
19689-38,792.03
196810-39,484.75
196811-39,992.26
196812-38,398.51
19691-38,306.91
19692-37,573.79
19693-38,428.32
19694-39,778.49
19695-37,800.98
19696-36,211.32
19697-36,108.62
19698-36,335.57
19699-36,824.80
196910-37,192.11
196911-35,322.29
196912-35,114.23
19701-33,991.94
19702-34,675.95
19703-33,723.16
19704-29,946.50
19705-29,865.68
19706-30,021.74
19707-30,999.18
19708-32,958.73
19709-33,779.24
197010-33,849.09
197011-36,272.12
197012-37,763.15
19711-39,330.73
19712-40,444.51
19713-41,930.39
19714-41,465.85
19715-40,804.11
19716-40,615.21
19717-39,999.03
19718-40,993.56
19719-40,229.57
197110-38,470.93
197111-41,226.83
197112-43,050.11
19721-43,948.55
19722-45,099.83
19723-45,667.59
19724-45,313.26
19725-45,547.12
19726-45,317.63
19727-47,032.30
19728-46,462.99
19729-46,656.94
197210-49,108.40
197211-50,243.55
197212-50,740.64
19731-49,053.45
19732-48,393.51
19733-47,603.09
19734-46,379.81
19735-45,456.95
19736-46,007.09
19737-45,254.68
19738-46,157.64
19739-48,112.56
197310-44,815.48
197311-41,765.66
197312-42,475.85
19741-41,425.48
19742-43,320.55
19743-41,233.95
19744-40,118.30
19745-40,301.73
19746-35,728.75
19747-34,383.65
19748-30,940.61
19749-31,676.05
197410-32,861.83
197411-30,859.94
197412-33,524.01
19751-37,147.12
19752-38,994.69
19753-39,574.55
19754-42,231.05
19755-43,453.48
19756-43,641.20
19757-40,587.95
19758-40,241.86
19759-42,242.39
197510-43,104.85
197511-42,596.37
197512-46,662.32
19761-48,611.93
19762-49,002.00
19763-49,538.79
19764-49,348.92
19765-49,793.35
19766-51,120.52
19767-50,833.93
19768-52,073.20
19769-50,454.65
197610-50,269.66
197611-52,173.13
197612-51,892.83
19771-50,663.69
19772-50,636.24
19773-50,031.81
19774-50,064.08
19775-50,514.54
19776-51,162.36
19777-50,098.89
19778-49,510.06
19779-48,421.90
197710-48,896.99
197711-48,857.80
197712-47,201.35
19781-46,742.55
19782-46,866.73
19783-49,130.39
19784-51,834.69
19785-52,183.82
19786-52,151.32
19787-55,973.04
19788-56,196.76
19789-54,638.14
197810-51,667.11
197811-52,660.58
197812-54,864.59
19791-54,284.69
19792-55,555.59
19793-56,906.09
19794-55,828.84
19795-57,178.58
19796-57,991.00
19797-60,898.86
19798-61,836.98
19799-59,763.89
197910-59,571.19
197911-62,194.70
197912-64,254.88
19801-67,079.42
19802-61,191.31
19803-60,480.24
19804-63,526.10
19805-67,885.70
19806-71,259.25
19807-73,756.66
19808-75,848.26
19809-78,370.04
198010-81,986.58
198011-80,966.03
198012-80,974.11
19811-78,488.06
19812-81,740.06
19813-82,797.61
19814-81,458.55
19815-82,157.13
19816-80,500.63
19817-81,146.70
19818-74,409.35
19819-75,694.58
198110-77,998.52
198111-78,918.41
198112-75,127.08
19821-73,689.22
19822-71,666.79
19823-75,586.47
19824-76,017.05
19825-72,010.48
19826-72,186.08
19827-72,759.22
19828-81,560.45
19829-88,804.16
198210-92,800.27
198211-94,058.17
198212-97,750.67
19831-99,832.77
19832-103,691.92
19833-108,044.27
19834-112,824.16
19835-114,802.54
19836-115,615.50
19837-112,832.42
19838-116,571.50
19839-117,326.79
198310-115,987.60
198311-115,838.99
198312-117,664.53
19841-111,649.31
19842-112,143.20
19843-112,711.99
19844-112,427.31
19845-110,349.31
19846-109,346.85
19847-119,413.93
19848-121,094.04
19849-120,594.65
198410-122,145.38
198411-121,281.13
198412-126,978.40
19851-134,327.09
19852-133,684.58
19853-135,054.46
19854-138,749.06
19855-142,233.00
19856-145,429.29
19857-142,745.67
19858-140,054.92
19859-142,149.53
198510-151,276.27
198511-159,285.61
198512-160,483.01
19861-169,626.12
19862-180,113.71
19863-185,051.40
19864-185,961.54
19865-191,788.16
19866-188,328.47
19867-192,623.96
19868-187,892.67
19869-187,723.80
198610-194,355.99
198611-197,677.41
198612-210,869.16
19871-224,495.27
19872-234,320.10
19873-232,313.36
19874-232,714.87
19875-243,183.42
19876-250,775.84
19877-266,960.94
19878-258,870.89
19879-228,184.63
198710-200,110.13
198711-197,439.27
198712-205,823.61
19881-212,674.58
19882-219,548.35
19883-217,603.10
19884-212,841.36
19885-225,608.01
19886-224,915.58
19887-221,050.44
19888-225,310.45
19889-233,875.89
198810-229,151.02
198811-234,480.96
198812-242,717.48
19891-250,726.80
19892-250,321.47
19893-259,244.93
19894-269,913.64
19895-279,070.79
19896-286,885.27
19897-300,342.34
19898-301,710.51
19899-302,574.18
198910-297,086.84
198911-305,217.24
198912-298,468.19
19901-290,925.35
19902-298,801.19
19903-299,386.80
19904-310,915.96
19905-320,771.86
19906-321,316.29
19907-296,056.88
19908-283,204.88
19909-276,646.51
199010-284,901.12
199011-297,968.41
199012-295,926.82
19911-330,274.38
19912-340,329.98
19913-348,017.45
19914-347,394.92
19915-348,600.42
19916-351,321.20
19917-360,732.86
19918-359,639.48
19919-360,292.75
199110-360,349.66
199111-363,719.43
199112-390,482.00
19921-388,135.80
19922-384,206.40
19923-385,221.87
19924-393,189.61
19925-387,963.64
19926-395,382.02
19927-399,105.41
19928-400,614.78
19929-395,879.29
199210-406,793.30
199211-420,100.32
199212-420,700.61
19931-427,954.53
19932-437,156.21
19933-431,290.69
19934-434,416.35
19935-438,174.85
19936-438,442.15
19937-446,169.54
19938-452,215.02
19939-457,831.11
199310-457,865.65
199311-461,927.74
199312-469,946.25
19941-469,590.50
19942-462,904.38
19943-447,413.85
19944-452,148.57
19945-457,158.80
19946-454,786.72
19947-468,803.60
19948-472,635.91
19949-470,537.37
199410-468,796.93
199411-463,988.45
199412-475,361.62
19951-493,516.12
19952-506,141.10
19953-522,416.34
19954-539,905.58
19955-557,066.06
19956-576,827.87
19957-579,787.71
19958-601,342.27
19959-606,829.93
199510-621,141.31
199511-642,192.65
199512-643,236.73
19961-681,215.95
19962-679,848.77
19963-681,188.36
19964-697,229.16
19965-706,143.88
19966-681,594.34
19967-702,558.49
19968-716,776.36
19969-746,303.94
199610-784,007.83
199611-793,402.03
199612-819,247.42
19971-854,976.14
19972-849,643.77
19973-820,711.31
19974-896,363.09
19975-944,200.42
19976-998,359.05
19977-1,001,831.23
19978-1,013,773.14
19979-1,030,453.52
199710-1,018,582.25
199711-1,045,417.98
199712-1,047,896.55
19981-1,114,984.54
19982-1,174,222.25
19983-1,214,212.45
19984-1,211,518.63
19985-1,212,929.52
19986-1,267,119.17
19987-1,178,788.20
19988-1,121,045.85
19989-1,135,516.94
199810-1,260,132.94
199811-1,311,850.11
199812-1,378,068.20
19991-1,377,148.89
19992-1,417,409.98
19993-1,477,650.21
19994-1,476,189.83
19995-1,467,158.98
19996-1,533,509.59
19997-1,475,629.03
19998-1,466,804.52
19999-1,448,139.85
199910-1,551,043.94
199911-1,594,608.59
199912-1,592,712.08
20001-1,553,243.44
20002-1,614,456.05
20003-1,637,456.64
20004-1,590,972.62
20005-1,641,302.73
20006-1,655,259.42
20007-1,670,814.08
20008-1,652,775.12
20009-1,566,595.63
200010-1,554,492.67
200011-1,502,882.37
200012-1,509,720.60
20011-1,477,469.08
20012-1,343,316.32
20013-1,349,343.69
20014-1,442,169.54
20015-1,407,721.12
20016-1,370,272.54
20017-1,342,238.97
20018-1,191,272.99
20019-1,229,203.50
200110-1,291,316.95
200111-1,310,248.29
200112-1,306,347.83
20021-1,262,549.00
20022-1,324,985.46
20023-1,278,419.75
20024-1,242,363.56
20025-1,168,803.73
20026-1,043,057.99
20027-1,054,936.24
20028-1,004,745.22
20029-991,009.93
200210-1,056,670.05
200211-1,045,732.87
200212-1,043,405.93
20031-976,473.15
20032-989,244.42
20033-1,041,534.49
20034-1,096,863.00
20035-1,159,430.10
20036-1,166,339.15
20037-1,164,399.25
20038-1,201,208.01
20039-1,225,566.46
200310-1,240,403.00
200311-1,278,406.59
200312-1,341,495.46
20041-1,356,072.99
20042-1,334,847.78
20043-1,347,770.93
20044-1,313,210.67
20045-1,350,737.99
20046-1,320,497.94
20047-1,302,175.11
20048-1,338,409.75
20049-1,339,782.89
200410-1,403,742.74
200411-1,442,029.08
200412-1,422,572.91
20051-1,446,489.31
20052-1,442,792.25
20053-1,408,036.56
20054-1,426,846.11
20055-1,457,961.31
20056-1,484,318.20
20057-1,488,919.85
20058-1,493,084.22
20059-1,453,902.41
200510-1,511,499.37
200511-1,543,907.90
200512-1,566,553.48
20061-1,566,292.81
20062-1,589,570.08
20063-1,602,260.12
20064-1,589,656.17
20065-1,546,643.36
20066-1,557,779.82
20067-1,593,480.39
20068-1,633,814.14
20069-1,692,891.44
200610-1,726,777.08
200611-1,763,872.83
200612-1,776,093.41
20071-1,804,440.71
20072-1,759,800.81
20073-1,833,365.06
20074-1,895,548.28
20075-1,902,086.05
20076-1,913,015.81
20077-1,832,647.96
20078-1,888,997.18
20079-1,945,509.04
200710-1,852,001.84
200711-1,874,933.72
200712-1,750,528.16
20081-1,723,150.50
20082-1,677,889.62
20083-1,749,095.94
20084-1,793,918.34
20085-1,717,738.13
20086-1,613,325.91
20087-1,647,375.71
20088-1,567,518.58
20089-1,250,980.38
200810-1,143,329.17
200811-1,139,313.60
200812-1,126,831.77
20091-1,051,305.80
20092-991,513.45
20093-1,113,685.26
20094-1,187,854.71
20095-1,221,932.61
20096-1,237,544.54
20097-1,338,042.38
20098-1,386,885.52
20099-1,420,213.87
200910-1,449,957.78
200911-1,482,231.77
200912-1,502,345.18
20101-1,458,800.11
20102-1,545,497.12
20103-1,608,675.96
20104-1,514,047.26
20105-1,460,396.03
20106-1,458,072.93
20107-1,470,665.02
20108-1,520,243.41
20109-1,589,831.59
201010-1,629,432.93
201011-1,689,945.77
201012-1,748,454.96
20111-1,803,546.39
20112-1,783,482.64
20113-1,823,093.49
20114-1,835,111.96
20115-1,767,899.14
20116-1,822,734.70
20117-1,633,158.50
20118-1,620,268.88
20119-1,669,183.27
201110-1,698,679.78
201111-1,725,090.03
201112-1,807,593.46
20121-1,882,836.50
20122-1,937,134.44
20123-1,936,394.25
20124-1,876,541.23
20125-1,854,915.76
20126-1,909,099.46
20127-1,973,774.04
20128-2,033,405.03
20129-2,028,989.80
201210-1,971,417.34
201211-2,014,306.22
201212-2,100,292.14
20131-2,149,292.42
20132-2,207,805.92
20133-2,239,902.81
20134-2,342,362.01
20135-2,316,179.67
20136-2,391,559.21
20137-2,397,598.57
20138-2,426,189.15
20139-2,477,564.92
201310-2,573,198.78
201311-2,612,354.15
201312-2,637,636.72
20141-2,634,206.84
20142-2,705,917.05
20143-2,711,375.53
20144-2,752,914.75
20145-2,840,906.65
20146-2,883,401.56
20147-2,871,090.85
20148-2,922,139.82
20149-2,844,802.94
201410-3,007,117.50
201411-3,026,179.25
201412-2,992,587.28
20151-3,077,199.64
20152-3,078,903.28
20153-3,105,948.67
20154-3,136,352.92
20155-3,122,694.10
20156-3,120,207.50
20157-3,044,561.26
20158-2,907,339.98
20159-3,032,853.32
201510-3,121,790.83
201511-3,087,358.42
201512-2,889,161.68
20161-2,873,273.92
20162-3,056,092.51
20163-3,142,618.44
20164-3,133,053.41
20165-3,166,467.12
20166-3,270,879.43
20167-3,310,105.68
20168-3,295,585.20
20169-3,278,910.17
201610-3,318,295.15
201611-3,449,233.87
201612-3,498,821.26
20171-3,588,966.47
20172-3,651,746.72
20173-3,646,122.88
20174-3,707,828.89
20175-3,773,695.79
20176-3,810,975.54
20177-3,820,419.33
20178-3,883,580.91
20179-3,989,789.05
201710-4,053,209.50
201711-4,170,083.24
201712-4,372,828.44
20181-4,246,598.60
20182-4,249,340.98
20183-4,178,633.14
20184-4,260,602.09
20185-4,350,627.32
20186-4,419,399.51
20187-4,527,710.37
20188-4,603,764.49
20189-4,426,566.23
201810-4,334,665.92
201811-4,093,549.60
201812-4,164,598.74
20191-4,407,349.14
20192-4,493,205.27
20193-4,660,497.17
20194-4,589,108.21
20195-4,653,573.67
20196-4,831,681.93
20197-4,680,237.01
20198-4,824,632.97
20199-4,825,105.92
201910-5,039,036.26
201911-5,163,466.19
201912-5,336,256.29
20201-5,342,770.62
20202-4,332,040.83
20203-4,519,124.96
20204-4,785,182.36
20205-5,096,615.04
20206-5,273,795.54
20207-5,584,606.94
20208-5,549,591.31
20209-5,645,377.33
202010-5,868,602.13
202011-6,118,609.30
202012-6,289,642.77
20211-6,446,351.02
20212-6,499,298.62
20213-6,890,652.98
20214-6,943,037.90
20215-7,068,736.24
20216-7,285,619.31
20217-7,444,821.88
20218-7,438,531.09
20219-7,472,166.35
202110-7,826,701.52
202111-7,847,473.87
202112-7,686,447.40
20221-7,463,342.90
20222-7,396,726.32
20223-7,405,476.78
20224-6,822,463.57
20225-6,592,588.52
20226-6,623,223.31
20227-7,050,248.60
20228-6,537,173.52
20229-6,335,098.03
202210-6,669,913.93
202211-6,670,636.78
202212-6,762,455.18
20231-6,975,267.73
20232-6,794,927.27
20233-7,066,467.60
20234-7,118,596.59
20235-7,470,410.93
20236-7,759,967.19
20237-7,672,665.92
20238-7,773,212.11
Click to show 1434 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 1903 to 2023
Start Value
Average monthly close
$8.46
End Value
Average monthly close
$3,960.66
Change in price+46,716.27%
+5.26% / yr
Change incl. dividends+6,824,570.73%
+9.66% / yr
Change incl. dividends, inflation-adjusted+197,001.00%
+6.49% / yr
Final amount, nominal
($100 base)
$6,824,670.73
Final amount, inflation-adjusted
($100 base)
$197,101.00