How much would I haveif…

Microsoft vs Silver: which won?

Microsoft crushed Silver since 2004 — about 3.4× as much.

Microsoft

Winner

$14,624

14.6× · +13.3%/yr

silver

Runner-up

$4,294

4.29× · +7.6%/yr

$1,000 lump sum · end of 20042024

20042026

Want a different year, amount, or a third asset in the mix?

Open this in the calculator →

Head to head

Microsoftsilver
$1,000 would be$14,624$4,294
Total return14.6×4.29×
Annual return+13.3%+7.6%
Best single year+25% (2007)+84% (2010)
Worst single year−17% (2008)−35% (2013)
Deepest drop−56.1%−55.3%
The rideRemarkably smooth rideBumpy road

The story

Put $1,000 into each at the end of 2004 and leave it alone. By the latest data, the Microsoft stake is worth about $14,624 — a 14.6× return, or roughly +13.3% a year. The same money in Silver grew to about $4,294 (4.29×). Microsoft wins this window decisively: about 3.4× as much, or about $10,329 more on the same $1,000.

The lead didn't come on the same road. Silver's path was a bumpy road, while Microsoft was a remarkably smooth ride. So Microsoft managed to win while also handing investors the calmer ride of the two — the rarer combination.

Neither was a straight line. Microsoft's ugliest calendar year was −17% (2008) and its worst peak-to-trough fall reached −56.1%, recovered by 2012. Silver bottomed at −35% (2013) with a deepest drop of −55.3%. If you'd sold in the worst of it, none of the headline numbers above would have been yours.

Those are nominal dollars. Prices rose about 74.2% over the same stretch, so the real, spending-power gain is smaller than the multiple suggests for both. And this is one start year out of many — pick a different year and the result can flip. Past performance never predicts the future; this is a history lesson, not advice. Run your own year and amount below.

Common questions

Was Microsoft or Silver a better investment since 2004?
Over 2004–2024, Microsoft was the better investment: $1,000 grew to about $14,624 (14.6×), versus about $4,294 (4.29×) for Silver — about 3.4× as much.
How much would $1,000 in Microsoft be worth versus Silver?
Starting at the end of 2004, $1,000 in Microsoft would be worth about $14,624 today, and in Silver about $4,294 — a difference of roughly $10,329 on the same stake.
Which was more volatile, Microsoft or Silver?
Silver was the wilder ride — bumpy road — with a deepest fall of −55.3%, while Microsoft was remarkably smooth ride (deepest fall −56.1%).
Did Microsoft always beat Silver?
No. This compares a single start year (2004, the first both have data for). Different entry years — especially buying after a crash versus near a peak — can change or even reverse the winner. Use the calculator to test any year.

Go deeper on each