What if you invested $1,000 in Emerging Markets (EEM) in 2015? (Inflation-Adjusted)

EEM · Index · Adjusted to 2026 dollars using BLS CPI-U data

View nominal (non-adjusted) version

Nominal returns can be misleading over long periods. $1,000 in Emerging Markets (EEM) in 2015 became $1,838 by 2026. Over those 11 years, cumulative CPI inflation reached 39% (BLS CPI-U). Restating the return in constant purchasing power, the real value of your gain in 2015 dollars is $1,322, a real annualized return of +2.5%.

Nominal final value

$1,838

+83.8% total return

Real value (2015 dollars)

$1,322

+32.2% real total return

Real annualized return

+2.5%

vs. +5.6% nominal annualized

Cumulative CPI-U inflation since 2015: 39% (1 dollar in 2015 = $1.39 in 2026)

Year-by-Year (Inflation-Adjusted)

$1,000 in Emerging Markets (EEM) since 2015, values in constant 2015 dollars

YearNominal ValueReal Value (2015 $)
2015$1,000$1,000
2016$802$790
2017$998$962
2018$1,391$1,301
2019$1,200$1,097
2020$1,207$1,085
2021$1,553$1,329
2022$1,450$1,137
2023$1,257$950
2024$1,198$879
2025$1,365$982
2026$1,934$1,392

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 2015 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.