All charts and data below are with dividends reinvested. (Inflation adjustment is OFF !)

Total Real Returns

VTIVX: Total Return Chart (with Dividends Reinvested)

VTIVX total return snapshot: VTIVX returned +26.97% over the past year and +9.90% YTD, with dividends reinvested. Since Oct. 27, 2003, VTIVX is up +744.45% in nominal total return, or +9.91%/yr, and is currently at its total-return high.

Mon 2003-10-27💬 to Tue 2026-05-26 YTD
Return 		1 Year
Return
VTIVX × 		+9.90%
2026-05-26 		+26.97%
2026-05-26
Vanguard Target Retirement 2045 Fund Investor Shares Mutual Fund

Returns

Mon 2003-10-27💬 to Tue 2026-05-26 Overall
Return 		Exponential
Trendline
VTIVX × 		+744.45%
+9.91%/yr 		+9.06%/yr
(R2=0.941)
Vanguard Target Retirement 2045 Fund Investor Shares Mutual Fund

Growth of $10,000

Mon 2003-10-27💬 to Tue 2026-05-26 Start
Value 		End
Value
VTIVX × 		$10,000.00
2003-10-27 		$84,444.74
2026-05-26
Vanguard Target Retirement 2045 Fund Investor Shares Mutual Fund

Annual Returns

Year VTIVX
2026 (YTD) +9.90%
2025 +20.01%
2024 +13.95%
2023 +19.50%
2022 −16.86%
2021 +33.79%
2020 +16.65%
2019 +24.94%
2018 −7.78%
2017 +21.48%
2016 +9.39%
2015 −0.44%
2014 +7.18%
2013 +24.38%
2012 +15.60%
2011 −2.45%
2010 +16.09%
2009 +28.15%
2008 −34.51%
2007 +7.44%
2006 +16.06%
2005 +6.95%
2004 +12.89%
2003 +7.81%

Drawdowns

Mon 2003-10-27💬 to Tue 2026-05-26 Current
Drawdown 		Worst
Drawdown
VTIVX × 		— −51.69%
2009-03-09
from 2007-10-09 peak
Vanguard Target Retirement 2045 Fund Investor Shares Mutual Fund

Rolling Returns

Period ending Tue 2026-05-26 1
Year 		2
Years 		3
Years 		5
Years 		10
Years
VTIVX × 		+26.97% +39.85%
+18.22%/yr 		+67.21%
+18.69%/yr 		+82.43%
+12.78%/yr 		+248.22%
+13.29%/yr
Vanguard Target Retirement 2045 Fund Investor Shares Mutual Fund