What if you invested in Charles Schwab in 2023?

SCHW · Financial · Data through 2026-06-01

$

If you invested $1,000 in Charles Schwab in 2023

$1,254today
+25.4% total return|+6.5% annualized

The same $1,000 in the S&P 500 would be worth $1,916(+91.6%)

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The S&P 500 returned $1,916 on the same $1,000. S&P 500 outperformed by $663.

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What if Charles Schwab keeps this up?

Project forward at Charles Schwab's 6.5% historical growth rate. See 5-30 year scenarios.

Project Forward

Growth of $1,000

Charles Schwab vs. S&P 500 vs. US Dollar, 2023 to present

Charles Schwab
S&P 500
US Dollar

Year-by-Year Returns

$1,000 invested in Charles Schwab starting January 2023

YearPriceValueAnnual
2023$73.60$1,000-
2024$60.83$826-17.4%
2025$81.15$1,103+33.4%
2026$103.20$1,402+27.2%

What this return means

$1,000 placed in Charles Schwab (SCHW) in 2023 is worth $1,254 now. The total return is +25.4% over 3.6 years, as of 2026-06-01.

That is only about 6.5% a year once you compound it across 3.6 years. The same $1,000 in an S&P 500 index fund would be about $1,916 over the identical span, so the index came out ahead by roughly $663. The index compounded at about 19.9% a year, a reminder that a single stock can lag a basket of them.

The path was not smooth. The best single year was 2025 at +33.4%, and the worst was 2024 at -17.4%. These figures use split-adjusted closing prices and exclude dividends, taxes, trading fees, and inflation, so a real after-tax result would differ.

None of this is a recommendation. It is a record of what already happened, and past performance does not guarantee future results.

What if you invested $100 a month instead?

Most people do not drop a lump sum in on day one. They add a fixed amount every month. Putting $100 into Charles Schwab at the close of every month from January 2023 through June 2026 means 42 buys and $4,200 contributed over about 3.5 years.

$100/month, dollar-cost averaged

$5,410

+28.8% on $4,200 in

Same $4,200, all in at the start

$5,265

+25.4% on $4,200 in

Spreading the buys out beat going all in at the start by $145. That happens when the price spent time below where it began, so averaging in caught the cheaper months. Averaging in also meant an average buy price of $71.63 per share across the whole stretch, so the monthly buyer never had to time a single low. Neither number counts dividends, taxes, or trading costs.

Illustrative fixed $100/month example, not a recommendation. Figures are computed from SCHW split-adjusted monthly closes through June 2026. Past performance does not guarantee future results.

Numbers worth sharing

Occasional data drops when something interesting surfaces. No schedule, just signal.

For informational and educational purposes only. Not financial advice. Past performance does not guarantee future results. All calculations are based on split-adjusted closing prices from Yahoo Finance and do not account for dividends, taxes, or trading fees. See our methodology and full disclaimer.