Visualizing the Growth of $100, by Asset Class (1970-2023)


This post is by Dorothy Neufeld from Visual Capitalist


See this visualization first on the Voronoi app.

This line chart shows the growth of a $100 investment between 1970 and 2023 by asset class.

Visualizing the Growth of $100, by Asset Class

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. Which major asset class has generated the strongest returns over the long run? How do the returns of investments like bonds and real estate actually stack up? To put investment returns in perspective, this graphic shows the growth of $100 by asset class over the long term, based on data from Aswath Damodaran at NYU Stern.

Comparing Asset Class Returns

Below, we show the returns of a $100 investment across major asset classes—from U.S. stocks to gold—between 1970 and 2023:
YearS&P 500Corporate
Bonds
GoldU.S. 10-Year
Treasury Bonds
Real EstateCash
1970$100$100$100$100$100$100
1980$226$181$1,578$141$229$192
1990$823$741$1,033$477$374$431
2000$4,060$1,886$734$1,067$536$682
2010$4,656$4,191$3,760$1,821$693$840
2020$16,890$8,349$5,059$2,802$1,155$891
2023$22,419$7,775$5,545$2,286$1,542$956

Numbers have been rounded. S&P 500 includes dividends. Cash represented by 3-Month U.S. T-Bills. Corporate Bonds represented by Baa corporate bonds. Real Estate represented by the Case-Shiller Home Price Index.

As we can see, a $100 investment in the S&P 500 (including reinvested dividends) in 1970 would be worth an impressive $22,419 in 2023. Not only were U.S. stocks the top performing (Read more…)