S&P 500 · DCA since 2023
$500/month in S&P 500 since 2023
What a monthly $500 dollar-cost average into S&P 500 would be worth today if you'd started in January 2023 and never stopped. Real adjusted closes, T+1 execution, no transaction fees modeled.
If you invested $500/month in S&P 500 from 2023-01 to 2026-08...
$31,735
grown from $22,000 invested over 3.6 years. +$9,735 (+44.25%)
Growth over time
Dashed: cumulative invested · Solid: portfolio value
Investment schedule
- Per investment
- $500.00
- Frequency
- Monthly
- Window
- 2023-01-01 → 2026-08-14
- Duration
- 3.6 years
- Number of investments
- 44× $500.00 each
Results
- Total invested
- $22,00044 × $500.00
- Final value
- $31,735as of 2026-08-14
- Total return
- +$9,735+44.25%
- Annualized (IRR)
- 20.9%/yrcompounded over 3.6 years
What 2023 actually was: into the recovery
The 2023 starting cohort bought after the bear market reset valuations, just before AI mania powered a 25 percent rally. DCA investors who started here have enjoyed one of the strongest two-year starts of any year in this dataset. The risk is recency bias making future returns feel guaranteed. They are not.
For a S&P 500 DCA buyer who started January 2023 with $500 a month, the schedule pulled in 44 purchases through 2026-08-14. Total invested: $22,000. Final value: $31,735. That works out to an annualized return of 20.9% per year on the irregular cashflow series.
The numbers above use adjusted closing prices (dividends reinvested, splits applied) and apply a T+1 policy: when the 1st of the month landed on a weekend or holiday, the trade executed at the next trading day's close. Bitcoin pages execute on the exact scheduled date because crypto trades 24/7.
Change the numbers
Want to test a different amount, frequency, or end date? The full calculator has the same S&P 500 dataset behind it.