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

Total Real Returns

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

PRWCX real return snapshot: after CPI-U inflation, PRWCX returned +15.17% over the past year and +2.84% YTD, with dividends reinvested. Since Jul. 16, 1986, PRWCX is up +2,101.46% in real purchasing-power return, or +8.03%/yr, and is currently −1.32% below its real total-return high on Jul. 10, 2026.

Data ending Mon Jul. 20, 2026

Growth of $10,000

Wed 1986-07-16💬 to Mon 2026-07-20 Overall
Return
Exponential
Trendline
PRWCX
×
+2,101.46%
+8.03%/yr
+8.03%/yr
R2=0.988
T. Rowe Price Capital Appreciation Fund Mutual Fund

Growth of $10,000 Summary

Wed 1986-07-16💬 to Mon 2026-07-20 Start
Value
End
Value
PRWCX
×
$10,000.00
1986-07-16
$220,145.63
2026-07-20

This Year’s Performance

through 2026-07-20

  YTD YoY
PRWCX
×
+2.84% +15.17%

Drawdowns

  Current
Drawdown
Worst
Drawdown
PRWCX
×
−1.32%
on 2026-07-20
from 2026-07-10 peak
−43.26%
on 2008-11-20
from 2007-07-13 peak

Rolling Returns

Period ending Mon 2026-07-20 1 yr 2 yr 3 yr 5 yr 10 yr
PRWCX
×
+15.17% +25.85%
+12.18%/yr
+38.65%
+11.51%/yr
+31.30%
+5.60%/yr
+121.78%
+8.29%/yr

Annual Returns

Year PRWCX
2026 (YTD) +2.84%
2025 +17.77%
2024 +9.35%
2023 +15.01%
2022 −17.34%
2021 +10.67%
2020 +16.54%
2019 +21.83%
2018 −1.26%
2017 +12.96%
2016 +6.00%
2015 +4.66%
2014 +11.29%
2013 +20.61%
2012 +12.73%
2011 +0.21%
2010 +12.39%
2009 +29.54%
2008 −27.22%
2007 +0.49%
2006 +11.74%
2005 +3.32%
2004 +11.68%
2003 +23.16%
2002 −1.81%
2001 +8.58%
2000 +18.14%
1999 +4.33%
1998 +4.16%
1997 +14.35%
1996 +13.11%
1995 +19.55%
1994 +1.06%
1993 +12.57%
1992 +6.29%
1991 +18.05%
1990 −6.93%
1989 +16.18%
1988 +11.98%
1987 −14.11%
1986 +11.67%