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

Total Real Returns

US1MTBILL: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

US1MTBILL real return snapshot: after CPI-U inflation, US1MTBILL returned +0.25% over the past year and โˆ’1.18% YTD, with dividends reinvested. Since Dec. 31, 1926, US1MTBILL is up +32.38% in real purchasing-power return, or +0.28%/yr, and is currently โˆ’20.55% below its real total-return high on Dec. 31, 2001.

Data ending Fri Jul. 24, 2026

Growth of $10,000

Fri 1926-12-31๐Ÿ’ฌ to Fri 2026-07-24 Overall
Return
Exponential
Trendline
US1MTBILL
×
+32.38%
+0.28%/yr
+0.33%/yr
R2=0.185
โญ U.S. 1-Month Treasury Bill ๐Ÿ’ฌ Reference Data

Growth of $10,000 Summary

Fri 1926-12-31๐Ÿ’ฌ to Fri 2026-07-24 Start
Value
End
Value
US1MTBILL
×
$10,000.00
1926-12-31
$13,237.61
2026-07-24

This Yearโ€™s Performance

through 2026-07-24

  YTD YoY
US1MTBILL
×
โˆ’1.18% +0.25%

Drawdowns

  Current
Drawdown
Worst
Drawdown
US1MTBILL
×
โˆ’20.55%
on 2026-07-24
from 2001-12-31 peak
โˆ’48.66%
on 1951-12-31
from 1933-05-31 peak

Rolling Returns

Period ending Fri 2026-07-24 1 yr 2 yr 3 yr 5 yr 10 yr
US1MTBILL
×
+0.25% +2.12%
+1.05%/yr
+4.71%
+1.55%/yr
โˆ’2.43%
โˆ’0.49%/yr
โˆ’9.19%
โˆ’0.96%/yr

Annual Returns

Year US1MTBILL
2026 (YTD) โˆ’1.18%
2025 +1.55%
2024 +2.35%
2023 +1.72%
2022 โˆ’4.52%
2021 โˆ’6.54%
2020 โˆ’0.99%
2019 โˆ’0.17%
2018 โˆ’0.06%
2017 โˆ’1.25%
2016 โˆ’1.78%
2015 โˆ’0.69%
2014 โˆ’0.72%
2013 โˆ’1.44%
2012 โˆ’1.64%
2011 โˆ’2.85%
2010 โˆ’1.36%
2009 โˆ’2.56%
2008 +1.18%
2007 +0.30%
2006 +2.15%
2005 โˆ’0.43%
2004 โˆ’1.93%
2003 โˆ’0.85%
2002 โˆ’0.74%
2001 +2.16%
2000 +2.38%
1999 +1.95%
1998 +3.19%
1997 +3.49%
1996 +1.85%
1995 +2.96%
1994 +1.19%
1993 +0.15%
1992 +0.59%
1991 +2.46%
1990 +1.66%
1989 +3.55%
1988 +1.84%
1987 +0.99%
1986 +5.00%
1985 +3.78%
1984 +5.69%
1983 +4.80%
1982 +6.46%
1981 +5.32%
1980 โˆ’1.12%
1979 โˆ’2.55%
1978 โˆ’1.69%
1977 โˆ’1.48%
1976 +0.21%
1975 โˆ’1.06%
1974 โˆ’3.85%
1973 โˆ’1.62%
1972 +0.41%
1971 +1.08%
1970 +0.90%
1969 +0.35%
1968 +0.48%
1967 +1.15%
1966 +1.24%
1965 +1.96%
1964 +2.53%
1963 +1.45%
1962 +1.39%
1961 +1.43%
1960 +1.29%
1959 +1.22%
1958 โˆ’0.23%
1957 +0.25%
1956 โˆ’0.48%
1955 +1.17%
1954 +1.62%
1953 +1.07%
1952 +0.89%
1951 โˆ’4.32%
1950 โˆ’4.35%
1949 +3.23%
1948 โˆ’2.12%
1947 โˆ’7.66%
1946 โˆ’15.04%
1945 โˆ’1.92%
1944 โˆ’1.89%
1943 โˆ’2.53%
1942 โˆ’8.03%
1941 โˆ’9.00%
1940 โˆ’0.73%
1939 +0.01%
1938 +2.82%
1937 โˆ’2.50%
1936 โˆ’1.25%
1935 โˆ’2.76%
1934 โˆ’1.31%
1933 โˆ’0.44%
1932 +12.47%
1931 +11.47%
1930 +9.42%
1929 +4.13%
1928 +4.75%
1927 +5.51%