What if you invested $1,000 in Russell 2000 (IWM) in 2005? (Inflation-Adjusted)

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

Using BLS CPI-U data, cumulative inflation from 2005 to 2026 totals 72%. Your $1,000 in Russell 2000 (IWM) grew to $5,269 in raw dollar terms, but in real purchasing power terms that gain is equivalent to $3,064 in constant 2005 dollars. That reflects a +5.4% per year real annualized return after accounting for price changes over 21 years.

Nominal final value

$5,269

+426.9% total return

Real value (2005 dollars)

$3,064

+206.4% real total return

Real annualized return

+5.4%

vs. +8.1% nominal annualized

Cumulative CPI-U inflation since 2005: 72% (1 dollar in 2005 = $1.72 in 2026)

Year-by-Year (Inflation-Adjusted)

$1,000 in Russell 2000 (IWM) since 2005, values in constant 2005 dollars

Year	Nominal Value	Real Value (2005 $)
2005	$1,000	$1,000
2006	$1,181	$1,146
2007	$1,310	$1,233
2008	$1,182	$1,072
2009	$752	$687
2010	$1,030	$916
2011	$1,353	$1,157
2012	$1,391	$1,165
2013	$1,610	$1,319
2014	$2,043	$1,651
2015	$2,135	$1,725
2016	$1,927	$1,535
2017	$2,571	$2,003
2018	$3,013	$2,277
2019	$2,906	$2,146
2020	$3,172	$2,305
2021	$4,120	$2,850
2022	$4,071	$2,580
2023	$3,930	$2,399
2024	$4,018	$2,383
2025	$4,773	$2,775
2026	$5,534	$3,217

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 2005 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.