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Growth · July 13, 2022

Inflation-adjusted stock charts – Total Real Returns

Here's a little side project I’ve been working on: https://totalrealreturns.com/ The Total Real Returns chart demonstrates the preservation or growth of real wealth more clearly than conventional (nominal-dollar, price-only) stock charts, because: (1) we include the effects of inflation-diminished purchasing power, and (2) we include the effects of reinvesting dividends from the initial investment. I found it harder to explain the y-axis in words than it was to do the math, so please let me know if you think the "baguettes" explanation on the homepage helps. I was up until 4am…

Inflation-adjusted stock charts – Total Real Returns launched on July 13, 2022 with 507 votes, #9 of 2,916 launches that month and more than 99% of that year's launches. The site was still online in September 2026, 4 years on.

In plain words

Total Real Returns provides inflation-adjusted stock charts that show actual wealth growth rather than nominal price movements. The tool accounts for both inflation's impact on purchasing power and reinvested dividends, giving investors a clearer picture of real returns over time. Designed for anyone analyzing long-term stock performance, it uses current inflation data to adjust historical prices, making comparisons across different time periods more meaningful and accurate.

written from the facts on this page · September 2026

From the sources

Dividend-reinvested, inflation-adjusted stock charts.

All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?) 🔮 Total Real Returns shows how investments performed after CPI-U inflation, with dividends reinvested. Since Dec. 31, 1926 , the broad U.S. total stock market is up +7.06%/yr , the savings-like 1 month Treasury is up +0.28%/yr , and the U.S. dollar’s purchasing power is down −2.91%/yr , through Sep. 10, 2026from totalrealreturns.com

In the maker’s words, at launch

Here's a little side project I’ve been working on: https://totalrealreturns.com/ The Total Real Returns chart demonstrates the preservation or growth of real wealth more clearly than conventional (nominal-dollar, price-only) stock charts, because: (1) we include the effects of inflation-diminished…

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