US REITs total returns by year (including dividends)
As of market close, Oct 16, 2026
US REITs total returns by year (2005–2026)#
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.
| Year | Start price | End price | Path | Dividend | Total return |
|---|---|---|---|---|---|
| 2026YTD | $88.49 | $91.76 | 2.9% | +6.6% | |
| 2025 | $89.08 | $88.49 | 3.9% | +3.2% | |
| 2024 | $88.36 | $89.08 | 4.0% | +4.8% | |
| 2023 | $82.48 | $88.36 | 4.7% | +11.9% | |
| 2022 | $116.01 | $82.48 | 2.7% | -26.3% | |
| 2021 | $84.93 | $116.01 | 3.9% | +40.5% | |
| 2020 | $92.79 | $84.93 | 3.9% | -4.6% | |
| 2019 | $74.57 | $92.79 | 4.5% | +28.9% | |
| 2018 | $82.98 | $74.57 | 4.1% | -6.0% | |
| 2017 | $82.53 | $82.98 | 4.4% | +4.9% | |
| 2016 | $79.73 | $82.53 | 5.1% | +8.6% | |
| 2015 | $81.00 | $79.73 | 4.0% | +2.4% | |
| 2014 | $64.56 | $81.00 | 4.9% | +30.4% | |
| 2013 | $65.80 | $64.56 | 4.2% | +2.3% | |
| 2012 | $58.00 | $65.80 | 4.2% | +17.6% | |
| 2011 | $55.37 | $58.00 | 3.9% | +8.6% | |
| 2010 | $44.74 | $55.37 | 4.6% | +28.4% | |
| 2009 | $36.45 | $44.74 | 7.4% | +30.1% | |
| 2008 | $61.46 | $36.45 | 3.7% | -37.0% | |
| 2007 | $77.00 | $61.46 | 3.7% | -16.5% | |
| 2006 | $59.56 | $77.00 | 5.4% | +34.6% | |
| 2005 | $56.55 | $59.56 | 5.3% | +10.6% |
- Annualized
- +7.2%
- 2005–2026
- Average year
- +8.5%
- 21 full years
- Best year
- +40.5%
- 2021
- Worst year
- -37.0%
- 2008
- Positive years
- 16/21
- 76% up
Annualized (CAGR)
+7.2%
2005–2026
Average year
+8.5%
21 full years
Best year
+40.5%
2021
Worst year
-37.0%
2008
Positive years
16/21
76% up
Total return by period#
Annual
-40%-20%0%20%40%
2005+11%'05
2006+35%
2007-17%'07
2008-37%
2009+30%'09
2010+28%
2011+8.6%'11
2012+18%
2013+2.3%'13
2014+30%
2015+2.4%'15
2016+8.6%
2017+4.9%'17
2018-6.0%
2019+29%'19
2020-4.6%
2021+41%'21
2022-26%
2023+12%'23
2024+4.8%
2025+3.2%'25
2026+6.6%
Methodology#
Total returns, dividends reinvested, measured on VNQ. 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 US REITs's average annual return?
- Since 2005, US REITs (proxied by VNQ, dividends reinvested) has returned about 7.2% a year (the compound annual growth rate) and an average calendar-year return of 8.5%.
- What were US REITs's best and worst years?
- Over 2005–2026, the best year was 2021 (+40.5%) and the worst was 2008 (-37.0%).
- How often is US REITs up in a year?
- 16 of the 21 full years since 2005 were positive — about 76% of the time.
More on US REITs
Annual returns for: S&P 500 · S&P 500 Equal Weight · US Stock Market · Nasdaq-100Tracked by VNQ