The Rewarding Distribution of Australian Stock Market Returns

Annual stock market returns are unpredictable, but the long history of positive returns may be reassuring to investors who find market downturns unsettling. 

The graph below shows the rewarding distribution of Australian stock market returns from 1980 to 2022.

S&P/ASX 300 Index Total Return 1980 – 2022

In summary

– “Up” years have occurred much more frequently than “down” years in the Australian stock market from 1980 through 2022.

– The market averaged gains of 10.8% per year during this period.

– About two-thirds of the down years were followed by up years. 

The most recent example: a 3.1% loss in 2018 followed by a 23.8% gain in 2019. The stock market tends to reward investors who can weather annual ups and downs and stay committed to a long-term plan.



Past performance is no guarantee of future results. Investing risks include loss of principal and fluctuating value. There is no guarantee an investment strategy will be successful. Indices are not available for direct investment. Their performance does not reflect the expenses associated with the management of an actual portfolio. In AUD. S&P/ASX data copyright 2023 S&P Dow Jones Indices LLC, a division of S&P Global. All rights reserved.

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