What if you invested $1,000 in Dow Jones (DIA) in 1998? (Inflation-Adjusted)
DIA · Index · Adjusted to 2026 dollars using BLS CPI-U data
View nominal (non-adjusted) versionDow Jones (DIA) turned $1,000 into $10,521 between 1998 and today. Impressive on paper, but inflation over that span came to 0% (BLS CPI-U). Adjusted for that erosion in purchasing power, your real gain in constant 1998 dollars is $10,521, which works out to a +8.7% annualized real growth rate over 28 years.
Nominal final value
$10,521
+952.1% total return
Real value (1998 dollars)
$10,521
+952.1% real total return
Real annualized return
+8.7%
vs. +8.7% nominal annualized
Year-by-Year (Inflation-Adjusted)
$1,000 in Dow Jones (DIA) since 1998, values in constant 1998 dollars
| Year | Nominal Value | Real Value (1998 $) |
|---|---|---|
| 1998 | $1,000 | $1,000 |
| 1999 | $1,194 | $1,194 |
| 2000 | $1,422 | $2,787 |
| 2001 | $1,430 | $2,732 |
| 2002 | $1,328 | $2,484 |
| 2003 | $1,103 | $2,018 |
| 2004 | $1,464 | $2,607 |
| 2005 | $1,492 | $2,566 |
| 2006 | $1,574 | $2,629 |
| 2007 | $1,876 | $3,040 |
| 2008 | $1,912 | $2,983 |
| 2009 | $1,249 | $1,961 |
| 2010 | $1,619 | $2,477 |
| 2011 | $1,960 | $2,881 |
| 2012 | $2,136 | $3,076 |
| 2013 | $2,406 | $3,392 |
| 2014 | $2,788 | $3,875 |
| 2015 | $3,112 | $4,326 |
| 2016 | $3,053 | $4,183 |
| 2017 | $3,777 | $5,061 |
| 2018 | $5,091 | $6,618 |
| 2019 | $4,973 | $6,316 |
| 2020 | $5,742 | $7,178 |
| 2021 | $6,229 | $7,412 |
| 2022 | $7,417 | $8,085 |
| 2023 | $7,342 | $7,709 |
| 2024 | $8,380 | $8,547 |
| 2025 | $9,953 | $9,953 |
| 2026 | $11,099 | $11,099 |
Inflation adjustment uses BLS CPI-U annual data, deflated to 2026 dollars. Nominal stock data from Yahoo Finance (split-adjusted closing prices). Real values are expressed in constant 1998 purchasing-power dollars. For informational and educational purposes only. Not financial advice. Past performance does not guarantee future results. See our methodology and full disclaimer.