I thought the beginning value of the S&P 500 in 2023 was 3839.50. The ending value is 4769.83. My calculation is 24.23% increase in 2023. I'm I doing something wrong?
Correct
Got it! Fixed my mistake!
The total return on the S&P 500 is even higher than that as it pays out over 1% in dividends annually. Like ~1.43%.
Year | Total Return | Price Return | Dividend Return |
2023 | 26.29 | 24.23 | 2.06 |
I thought we had one more day.
It will be published somewhere soon. The S&P500 index funds total return will be very close, slightly under due to their very low expense ratios.
S&P 500 Year to Date Return for 2023
From slickcharts https://www.slickcharts.com/sp500/returns/ytd
Year Total Return Price Return Dividend Return 2023 26.29 24.23 2.06
Congratulations kgtest on the exciting win!
Your podcast is sure to be a huge hit.