What if you invested $1,000 in Semiconductors (SMH) in 2000? (Inflation-Adjusted)
SMH · Index · Adjusted to 2026 dollars using BLS CPI-U data
View nominal (non-adjusted) versionA $1,000 investment in Semiconductors (SMH) in 2000 grew to $15,172 in nominal terms. But 2000 dollars had 96% more purchasing power than today. After adjusting for cumulative inflation using BLS CPI-U data, the real value of that growth works out to $7,741 in constant 2000 dollars, equivalent to a +8.0% real annualized return.
Nominal final value
$15,172
+1417.2% total return
Real value (2000 dollars)
$7,741
+674.1% real total return
Real annualized return
+8.0%
vs. +10.8% nominal annualized
Year-by-Year (Inflation-Adjusted)
$1,000 in Semiconductors (SMH) since 2000, values in constant 2000 dollars
| Year | Nominal Value | Real Value (2000 $) |
|---|---|---|
| 2000 | $1,000 | $1,000 |
| 2001 | $628 | $612 |
| 2002 | $482 | $460 |
| 2003 | $229 | $214 |
| 2004 | $446 | $405 |
| 2005 | $332 | $291 |
| 2006 | $397 | $338 |
| 2007 | $360 | $297 |
| 2008 | $299 | $238 |
| 2009 | $180 | $144 |
| 2010 | $263 | $206 |
| 2011 | $366 | $275 |
| 2012 | $357 | $262 |
| 2013 | $373 | $268 |
| 2014 | $455 | $322 |
| 2015 | $589 | $418 |
| 2016 | $567 | $397 |
| 2017 | $856 | $585 |
| 2018 | $1,243 | $824 |
| 2019 | $1,149 | $744 |
| 2020 | $1,661 | $1,059 |
| 2021 | $2,755 | $1,672 |
| 2022 | $3,366 | $1,872 |
| 2023 | $2,930 | $1,570 |
| 2024 | $4,622 | $2,405 |
| 2025 | $6,085 | $3,105 |
| 2026 | $10,109 | $5,158 |
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 2000 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.