Annual Stock Returns Source: Professor Kenneth French's Data Library http://mba.tuck.dartmouth.edu/pages/faculty/ken.french/data_library.html Date YYYY Market Risk-Free Rm-Rf CMA 1964 16.08 3.54 12.54 6.87 1965 14.45 3.93 10.52 -3.38 1966 -8.75 4.76 -13.51 -0.79 1967 28.7 4.21 24.49 -15.31 1968 14 5.21 8.79 16.53 1969 -10.96 6.58 -17.54 -4.17 1970 0.03 6.52 -6.49 24.61 1971 16.17 4.39 11.78 -5.61 1972 16.89 3.84 13.05 -3.13 1973 -19.25 6.93 -26.18 7.18 1974 -27.75 8 -35.75 22.74 1975 38.24 5.8 32.44 0.4 1976 26.99 5.08 21.91 7.42 1977 -3.14 5.12 -8.26 -0.01 1978 8.21 7.18 1.03 4.23 1979 23.47 10.38 13.09 -1.66 1980 33.37 11.24 22.13 -12.35 1981 -3.42 14.71 -18.13 10.84 1982 21.2 10.54 10.66 17.71 1983 22.55 8.8 13.75 15.98 1984 3.8 9.85 -6.05 3.64 1985 32.63 7.72 24.91 -2.99 1986 16.28 6.16 10.12 10.63 1987 1.6 5.47 -3.87 6.7 1988 17.9 6.35 11.55 9.58 1989 28.86 8.37 20.49 7.66 1990 -6.14 7.81 -13.95 0.79 1991 34.78 5.6 29.18 -14.87 1992 9.74 3.51 6.23 7.32 1993 11.11 2.9 8.21 12.3 1994 -0.2 3.9 -4.1 3.8 1995 36.82 5.6 31.22 2.89 1996 21.17 5.21 15.96 0.86 1997 31.22 5.26 25.96 6.19 1998 24.32 4.86 19.46 -4.62 1999 25.25 4.68 20.57 -8.37 2000 -11.71 5.89 -17.6 30.71 2001 -11.38 3.83 -15.21 13.65 2002 -21.11 1.65 -22.76 14.22 2003 31.77 1.02 30.75 16.2 2004 11.92 1.2 10.72 -7.58 2005 6.07 2.98 3.09 -4.9 2006 15.4 4.8 10.6 8.85 2007 5.7 4.66 1.04 -7.55 2008 -36.74 1.6 -38.34 4.2 2009 28.36 0.1 28.26 -2.6 2010 17.49 0.12 17.37 9.78 2011 0.48 0.04 0.44 -1.15 2012 16.33 0.06 16.27 9.36 2013 35.22 0.02 35.2 0.97 2014 11.73 0.02 11.71 -1.46 2015 0.11 0.02 0.09 -8.76 2016 13.5 0.2 13.3 9.92 2017 22.31 0.8 21.51 -11.49 2018 -5.11 1.83 -6.94 0.09 2019 30.43 2.15 28.28 -3.07 2020 24.11 0.45 23.66 -12.1 2021 23.61 0.04 23.57 12.16 2022 -20.15 1.43 -21.58 22.54 2023 26.64 4.95 21.69 -20.93 2024 25.04 5.26 19.78 -9.73