+53.9% in 1933 (the U.S. was in recession for the first three months of the year) and +52.6% in 1954 (the U.S. was in recession for the first five months of the year).
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What were the two best calendar years on a total return basis for the S&P 500 Index?
+53.9% in 1933 (the U.S. was in recession for the first three months of the year) and +52.6% in 1954 (the U.S. was in recession for the first five months of the year).