The Growth of $100 by Asset Class (1970-2023)

What We’re Showing

The growth of $100 invested in different asset classes from 1970 to 2023. This data was sourced from Aswath Damodaran at NYU Stern.

Key Takeaway

The S&P 500 has outperformed other major asset classes by a wide margin over the past five decades, outpacing U.S. 10-year Treasury bonds by almost tenfold since 1970.

U.S. Stocks

A $100 investment in the S&P 500 in 1970 would have grown to an impressive $22,419 by 2023, returning 12% annually when factoring in reinvested dividends. 

Bonds

With 8.8% average annual returns, $100 invested in corporate bonds in 1970 would be worth $7,775 between in 2023, or 65% less than an investment in the S&P 500.