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

Total Real Returns

MSFT vs. GOOG vs. AAPL vs. IBM: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

Growth of $10,000

Thu 2004-08-19💬 to Thu 2026-10-15 Overall
Return 		Exponential
Trendline
MSFT × 		+1,723.35%
+14.00%/yr 		+16.94%/yr
R2=0.898
Microsoft Corporation NASDAQ Common Stock
GOOG × 		+7,722.21%
+21.75%/yr 		+16.11%/yr
R2=0.950
Alphabet Inc Class C NASDAQ Common Stock
AAPL × 		+41,707.21%
+31.32%/yr 		+25.68%/yr
R2=0.970
Apple Inc. NASDAQ Common Stock
IBM × 		+210.00%
+5.24%/yr 		+4.20%/yr
R2=0.598
International Business Machines NYSE Common Stock

Growth of $10,000 Summary

Thu 2004-08-19💬 to Thu 2026-10-15 Start
Value 		End
Value
MSFT × 		$10,000.00
2004-08-19 		$182,334.50
2026-10-15
GOOG × 		$10,000.00
2004-08-19 		$782,220.62
2026-10-15
AAPL × 		$10,000.00
2004-08-19 		$4,180,720.68
2026-10-15
IBM × 		$10,000.00
2004-08-19 		$31,000.49
2026-10-15

This Year’s Performance

through 2026-10-15

  YTD YoY
MSFT × 		+7.79% +1.91%
GOOG × 		+5.76% +32.17%
AAPL × 		+21.14% +32.44%
IBM × 		−22.55% −17.69%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
MSFT × 		−3.52%
on 2026-10-15
from 2025-10-28 peak 		−58.61%
on 2009-03-09
from 2007-11-01 peak
GOOG × 		−14.37%
on 2026-10-15
from 2026-05-13 peak 		−65.96%
on 2008-11-24
from 2007-11-06 peak
AAPL × 		−0.40%
on 2026-10-15
from 2026-07-28 peak 		−61.01%
on 2009-01-20
from 2007-12-28 peak
IBM × 		−28.89%
on 2026-10-15
from 2026-06-02 peak 		−49.35%
on 2020-03-23
from 2013-03-14 peak

Rolling Returns

Period ending Thu 2026-10-15 1 yr 2 yr 3 yr 5 yr 10 yr
MSFT × 		+1.91% +22.34%
+10.61%/yr 		+53.63%
+15.39%/yr 		+50.80%
+8.56%/yr 		+657.39%
+22.44%/yr
GOOG × 		+32.17% +94.56%
+39.48%/yr 		+129.13%
+31.83%/yr 		+100.58%
+14.94%/yr 		+540.31%
+20.40%/yr
AAPL × 		+32.44% +37.87%
+17.42%/yr 		+76.75%
+20.91%/yr 		+97.58%
+14.59%/yr 		+810.13%
+24.71%/yr
IBM × 		−17.69% −0.88%
−0.44%/yr 		+69.14%
+19.15%/yr 		+67.51%
+10.87%/yr 		+72.29%
+5.59%/yr

Annual Returns

Year MSFT GOOG AAPL IBM
2026 (YTD) +7.79% +5.76% +21.14% −22.55%
2025 +12.57% +61.11% +6.21% +34.63%
2024 +9.76% +31.82% +27.04% +35.37%
2023 +53.07% +53.68% +44.18% +17.90%
2022 −32.40% −42.40% −30.87% +3.92%
2021 +42.45% +54.31% +25.80% +9.08%
2020 +40.62% +29.27% +79.86% −2.49%
2019 +54.04% +26.22% +84.74% +20.82%
2018 +18.54% −2.88% −7.16% −24.01%
2017 +37.82% +32.77% +45.39% −5.97%
2016 +12.74% −0.36% +10.20% +22.67%
2015 +21.80% +43.51% −3.72% −12.07%
2014 +26.61% −6.67% +39.57% −13.04%
2013 +42.16% +56.09% +6.47% −1.66%
2012 +3.98% +7.65% +30.31% +4.12%
2011 −7.27% +5.61% +21.94% +23.74%
2010 −7.90% −5.61% +50.81% +12.58%
2009 +56.22% +96.18% +140.36% +54.44%
2008 −44.44% −55.55% −56.95% −20.85%
2007 +16.09% +44.26% +124.30% +8.40%
2006 +12.99% +8.27% +15.11% +16.83%
2005 −4.22% +108.05% +115.86% −18.62%
2004 +5.69% +91.29% +191.84% +3.81%
2003 +4.85% — +46.39% +18.28%
2002 −23.77% — −36.08% −36.96%
2001 +50.41% — +45.01% +40.82%
2000 −64.07% — −72.02% −23.43%
1999 +63.96% — +144.59% +14.50%
1998 +111.20% — +206.77% +74.66%
1997 +53.81% — −38.14% +36.98%
1996 +82.27% — −36.60% +62.31%
1995 +40.00% — −19.39% +22.56%
1994 +47.67% — +31.64% +28.77%
1993 −8.09% — −51.76% +12.73%
1992 +11.87% — +3.89% −41.73%
1991 +115.17% — +28.42% −20.00%
1990 +63.01% — +16.35% +18.46%
1989 +56.14% — −15.49% −23.00%
1988 −5.99% — −7.45% +4.95%
1987 +115.33% — +99.68% −4.95%
1986 +70.17% — +82.02% −21.21%
1985 — — −27.21% +25.85%
1984 — — +14.93% −2.86%
1983 — — −21.41% —
1982 — — +30.12% —
1981 — — −40.45% —
1980 — — +17.98% —