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 $12,162 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 $12,162, which works out to a +9.1% annualized real growth rate over 29 years.
Nominal final value
$12,162
+1116.2% total return
Real value (1998 dollars)
$12,162
+1116.2% real total return
Real annualized return
+9.1%
vs. +9.1% 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 | $1,196 | $1,196 |
| 2000 | $1,423 | $2,789 |
| 2001 | $1,432 | $2,735 |
| 2002 | $1,329 | $2,486 |
| 2003 | $1,104 | $2,020 |
| 2004 | $1,465 | $2,608 |
| 2005 | $1,493 | $2,568 |
| 2006 | $1,576 | $2,632 |
| 2007 | $1,878 | $3,042 |
| 2008 | $1,915 | $2,987 |
| 2009 | $1,251 | $1,965 |
| 2010 | $1,619 | $2,477 |
| 2011 | $1,962 | $2,884 |
| 2012 | $2,139 | $3,080 |
| 2013 | $2,408 | $3,396 |
| 2014 | $2,790 | $3,878 |
| 2015 | $3,115 | $4,329 |
| 2016 | $3,055 | $4,185 |
| 2017 | $3,781 | $5,066 |
| 2018 | $5,093 | $6,621 |
| 2019 | $4,977 | $6,320 |
| 2020 | $5,745 | $7,181 |
| 2021 | $6,231 | $7,415 |
| 2022 | $7,423 | $8,091 |
| 2023 | $7,348 | $7,716 |
| 2024 | $8,384 | $8,552 |
| 2025 | $9,957 | $9,957 |
| 2026 | $11,103 | $11,103 |
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.