All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)

Total Real Returns

MRNA: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

MRNA real return snapshot: after CPI-U inflation, MRNA returned +83.62% over the past year and +95.37% YTD, with dividends reinvested. Since Dec. 7, 2018, MRNA is up +140.75% in real purchasing-power return, or +12.23%/yr, and is currently −89.98% below its real total-return high on Aug. 9, 2021.

Data ending Mon Jul. 20, 2026

Growth of $10,000

Fri 2018-12-07💬 to Mon 2026-07-20 Overall
Return 		Exponential
Trendline
MRNA × 		+140.75%
+12.23%/yr 		−0.10%/yr
R2=0.000
Moderna Inc NASDAQ Common Stock

Growth of $10,000 Summary

Fri 2018-12-07💬 to Mon 2026-07-20 Start
Value 		End
Value
MRNA × 		$10,000.00
2018-12-07 		$24,074.91
2026-07-20

This Year’s Performance

through 2026-07-20

  YTD YoY
MRNA × 		+95.37% +83.62%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
MRNA × 		−89.98%
on 2026-07-20
from 2021-08-09 peak 		−96.11%
on 2025-11-20
from 2021-08-09 peak

Rolling Returns

Period ending Mon 2026-07-20 1 yr 2 yr 3 yr 5 yr 10 yr
MRNA × 		+83.62% −53.86%
−32.07%/yr 		−56.47%
−24.21%/yr 		−84.23%
−30.89%/yr 		—

Annual Returns

Year MRNA
2026 (YTD) +95.37%
2025 −30.92%
2024 −59.36%
2023 −46.43%
2022 −33.57%
2021 +127.13%
2020 +426.92%
2019 +25.23%
2018 −17.70%