MSCI EAFE total returns by year (including dividends)
As of market close, Oct 16, 2026
MSCI EAFE total returns by year (2002–2026)#
Calendar-year returns with each year's path and its dividend contribution (dividend return = total minus price return). Every year has a direct link you can bookmark or share.
See every year as a chart, with the events that moved it → Or click a year below for its own chart.
| Year | Start price | End price | Path | Dividend | Total return |
|---|---|---|---|---|---|
| 2026YTD | $96.03 | $103.55 | chart → | 1.7% | +9.5% |
| 2025 | $75.61 | $96.03 | chart → | 4.5% | +31.5% |
| 2024 | $75.35 | $75.61 | chart → | 3.1% | +3.5% |
| 2023 | $65.64 | $75.35 | chart → | 3.6% | +18.4% |
| 2022 | $78.68 | $65.64 | chart → | 2.2% | -14.4% |
| 2021 | $72.96 | $78.68 | chart → | 3.6% | +11.4% |
| 2020 | $69.44 | $72.96 | chart → | 2.5% | +7.6% |
| 2019 | $58.78 | $69.44 | chart → | 3.9% | +22.0% |
| 2018 | $70.31 | $58.78 | chart → | 2.6% | -13.8% |
| 2017 | $57.73 | $70.31 | chart → | 3.3% | +25.1% |
| 2016 | $58.72 | $57.73 | chart → | 3.1% | +1.4% |
| 2015 | $60.84 | $58.72 | chart → | 2.5% | -1.0% |
| 2014 | $67.10 | $60.84 | chart → | 3.1% | -6.2% |
| 2013 | $56.86 | $67.10 | chart → | 3.4% | +21.4% |
| 2012 | $49.53 | $56.86 | chart → | 4.0% | +18.8% |
| 2011 | $58.22 | $49.53 | chart → | 2.7% | -12.2% |
| 2010 | $55.28 | $58.22 | chart → | 2.9% | +8.2% |
| 2009 | $44.86 | $55.28 | chart → | 3.8% | +27.0% |
| 2008 | $78.50 | $44.86 | chart → | 1.8% | -41.0% |
| 2007 | $73.22 | $78.50 | chart → | 2.7% | +10.0% |
| 2006 | $59.43 | $73.22 | chart → | 2.6% | +25.8% |
| 2005 | $53.42 | $59.43 | chart → | 2.1% | +13.3% |
| 2004 | $45.59 | $53.42 | chart → | 1.8% | +19.0% |
| 2003 | $33.00 | $45.59 | chart → | 1.6% | +39.8% |
| 2002 | $39.77 | $33.00 | chart → | 1.6% | -15.4% |
- Annualized
- +6.5%
- 2002–2026
- Positive years
- 17/24
- 71% up
Annualized (CAGR)
+6.5%
2002–2026
Average year
+8.3%
24 full years
MSCI EAFE average annual return →
Best year
+39.8%
2003
2003 chart & events →
Worst year
-41.0%
2008
2008 chart & events →
Positive years
17/24
71% up
Total return by period#
Annual
-40%-20%0%20%40%
2002-15%'02
2003+40%
2004+19%'04
2005+13%
2006+26%'06
2007+10.0%
2008-41%'08
2009+27%
2010+8.2%'10
2011-12%
2012+19%'12
2013+21%
2014-6.2%'14
2015-0.99%
2016+1.4%'16
2017+25%
2018-14%'18
2019+22%
2020+7.6%'20
2021+11%
2022-14%'22
2023+18%
2024+3.5%'24
2025+32%
2026+9.5%'26
Methodology#
Total returns, dividends reinvested, measured on EFA. Annualized return is the compound annual growth rate; the current year is year-to-date. Past performance does not predict future returns.
FAQ#
- What is MSCI EAFE's average annual return?
- Since 2002, the MSCI EAFE (proxied by EFA, dividends reinvested) has returned about 6.5% a year (the compound annual growth rate) and an average calendar-year return of 8.3%.
- What were MSCI EAFE's best and worst years?
- Over 2002–2026, the best year was 2003 (+39.8%) and the worst was 2008 (-41.0%).
- How often is MSCI EAFE up in a year?
- 17 of the 24 full years since 2002 were positive — about 71% of the time.
More on MSCI EAFE
All 10 MSCI EAFE pages →Annual returns for: S&P 500 · S&P 500 Equal Weight · US Stock Market · Nasdaq-100Tracked by EFA