Two Harbors Investment Corp. (TWO) Stock Total Returns

Growth of $10,000 chart

2021-04-21 to 2026-04-21
to
$
%
%
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Investment Performance

Final Value
$6,387
Total Return
-36.13%
CAGR
-8.58%
Dividends
$4,347.24
Yield on Cost
43.47%

Rolling Returns

1-Month (21 Trading Days)
Average-0.21%
Median-0.15%
Best+46.00%
Worst-35.02%
% of Windows Positive49.4%
1-Year (252 Trading Days)
Average-8.22%
Median-8.90%
Best+45.80%
Worst-47.41%
% of Windows Positive29.3%
3-Year (756 Trading Days)
Average-19.91%
Median-24.23%
Best+19.89%
Worst-43.83%
% of Windows Positive11.2%

Risk Metrics

Maximum Drawdown -59.97%
Average Drawdown -38.70%
Drawdown Duration 1211 Trading Days (Unrecovered)
Sortino Ratio -0.14
Calmar Ratio -0.14
CVaR (5%) -5.04%

Yearly Returns

Year Percentage Abs. Return Dividends Taxes Trans. Costs
2026 partial +9.92% (+36.52% ann.) +$992.30 $656.08 $131.21 $1.05
2025 -0.19% $18.74 $1437.42 $287.49 $2.30
2024 -5.21% $521.23 $1346.71 $269.33 $2.16
2023 -0.50% $49.66 $1389.01 $277.80 $2.22
2022 -25.05% $2504.84 $907.27 $181.46 $1.45
2021 -1.90% $189.70 $1097.86 $219.57 $1.76
2020 -53.08% $5307.65 $352.18 $70.43 $0.56
2019 +25.57% +$2556.98 $1350.65 $270.13 $2.16
2018 -12.69% $1269.28 $1200.58 $240.11 $1.92
2017 +23.86% +$2385.73 $1251.66 $250.34 $2.01
2016 +17.54% +$1754.34 $1188.19 $237.64 $1.90
2015 -11.73% $1172.78 $1070.63 $214.12 $1.71
2014 +17.09% +$1708.54 $1155.39 $231.08 $1.85
2013 -1.65% $164.78 $1169.85 $233.97 $1.87
2012 +35.83% +$3582.86 $1942.37 $388.49 $3.11
2011 +7.35% +$735.21 $1712.34 $342.47 $2.73
2010 +13.65% +$1365.41 $1587.69 $317.53 $2.54
2009 partial +3.32% (+21.23% ann.) +$332.21 $268.32 $53.66 $0.43

Market Regimes

about
Regime Period Percentage Annual Abs. Return Dividends Taxes Trans. Costs
Policy-led rebound / euro-sovereign-crisis overlay partial October 30, 2009 – July 25, 2012 +63.95% +19.81% +$6395.43 $5028.16 $1005.63 $8.03
Secular stagnation / QE / low inflation / duration bull July 26, 2012 – February 19, 2020 +80.64% +8.13% +$8064.10 $11005.15 $2201.04 $17.61
Pandemic shock / liquidity crash February 20, 2020 – March 23, 2020 -72.71% -100.00% $7271.01 $0.00 $0.00 $0.00
Policy bazooka / monetary euphoria March 24, 2020 – November 6, 2020 +114.83% +242.26% +$11482.97 $1286.27 $257.24 $2.06
Reopening reflation / fiscal boom / supply bottlenecks November 9, 2020 – November 29, 2021 +12.87% +12.17% +$1286.61 $1214.37 $242.87 $1.95
Inflation shock / duration crash / aggressive tightening November 30, 2021 – November 9, 2022 -27.00% -28.41% $2700.11 $1199.89 $239.98 $1.92
Disinflation rebound / AI-led narrow bull / higher-for-longer November 10, 2022 – September 17, 2024 +3.99% +2.14% +$399.34 $2262.24 $452.45 $3.62
Disinflationary easing / resilient growth / AI capex under oil-shock test partial September 18, 2024 – April 21, 2026 -5.28% -3.36% $527.61 $2125.96 $425.19 $3.41

Dividend History

Annual Dividends Per Share
TTM Yield
Consecutive Years Paid
current
Consecutive Years of Growth
current

Date Per Share Yield %
2009-12-29 $1.5861 2.65%
2010-03-29 $2.1962 3.79%
2010-06-28 $2.0132 3.81%
2010-09-28 $2.3792 4.18%
2010-12-15 $2.4402 3.96%
2011-03-10 $2.4402 3.55%
2011-06-22 $2.4402 3.72%
2011-09-22 $2.4402 4.28%
2011-12-22 $2.4402 4.10%
2012-03-22 $2.4402 3.78%
2012-06-20 $2.4402 3.73%
2012-09-20 $2.1962 3.02%
2012-12-27 $3.3553 4.71%
2013-03-28 $2.0966 2.48%
2013-06-26 $2.0311 3.00%
2013-09-24 $1.8346 2.83%
2013-12-24 $1.7035 2.73%
2014-03-27 $1.7035 2.52%
2014-06-30 $1.7035 2.41%
2014-09-26 $1.7035 2.57%
2014-12-26 $1.7035 2.53%
2015-03-27 $1.7035 2.40%
2015-06-26 $1.7035 2.51%
2015-09-28 $1.7035 2.74%
2015-12-28 $1.7035 3.03%
2016-03-29 $1.5070 2.92%
2016-06-28 $1.5070 2.71%
2016-09-28 $1.5070 2.59%
2016-12-28 $1.5725 2.67%
2017-03-29 $1.6380 2.56%
2017-06-28 $1.7035 2.55%
2017-09-28 $1.7035 2.54%
2017-12-22 $1.8800 2.81%
2018-03-29 $1.8800 3.01%
2018-06-28 $1.8800 2.93%
2018-07-24 $0.6320 1.00%
2018-09-28 $1.2480 2.07%
2018-12-28 $1.8800 3.52%
2019-03-28 $1.8800 3.39%
2019-06-28 $1.6000 3.11%
2019-09-27 $1.6000 2.94%
2019-12-30 $1.6000 2.65%
2020-04-15 $0.2000 1.11%
2020-06-29 $0.5600 2.76%
2020-09-30 $0.5600 2.69%
2020-12-29 $0.6800 2.61%
2021-03-26 $0.6800 2.29%
2021-06-28 $0.6800 2.16%
2021-09-30 $0.6800 2.56%
2021-12-28 $0.6800 2.79%
2022-04-01 $0.6800 3.07%
2022-07-01 $0.6800 3.41%
2022-09-30 $0.6800 4.90%
2023-01-04 $0.6000 3.70%
2023-04-03 $0.6000 4.08%
2023-07-03 $0.4500 3.24%
2023-10-02 $0.4500 3.40%
2024-01-11 $0.4500 3.21%
2024-04-03 $0.4500 3.47%
2024-07-05 $0.4500 3.42%
2024-10-01 $0.4500 3.24%
2025-01-03 $0.4500 3.75%
2025-04-04 $0.4500 3.50%
2025-07-03 $0.3900 3.54%
2025-10-03 $0.3400 3.37%
2026-01-05 $0.3400 3.21%
2026-04-02 $0.3400 3.01%
Total 67 payments

Portfolio Dividend Returns

Based on $10,000 initial investment, 20% tax rate, 0.2% transaction cost. Showing 2021-04-21 to 2026-04-21. Change
Date Total Yield Tax Trans. Cost Shares Bought
2021-06-28 $228.19 $45.64 $0.37 5.9074
2021-09-30 $232.20 $46.44 $0.37 7.3104
2021-12-28 $237.18 $47.43 $0.38 8.0238
2022-04-01 $242.63 $48.53 $0.39 9.1033
2022-07-01 $248.82 $49.76 $0.40 10.1151
2022-09-30 $255.70 $51.14 $0.41 15.3728
2023-01-04 $234.84 $46.97 $0.37 11.8971
2023-04-03 $241.98 $48.39 $0.39 13.8791
2023-07-03 $187.73 $37.55 $0.30 11.2695
2023-10-02 $192.80 $38.56 $0.31 12.4541
2024-01-11 $198.41 $39.68 $0.32 11.6734
2024-04-03 $203.66 $40.73 $0.33 13.0604
2024-07-05 $209.54 $41.91 $0.33 13.2773
2024-10-01 $215.51 $43.10 $0.35 13.1951
2025-01-03 $221.45 $44.29 $0.35 15.1764
2025-04-04 $228.28 $45.66 $0.37 15.7935
2025-07-03 $204.00 $40.80 $0.33 15.4237
2025-10-03 $183.09 $36.62 $0.29 14.9011
2026-01-05 $188.16 $37.63 $0.30 14.4586
2026-04-02 $193.07 $38.61 $0.31 13.8624
Total $4347.24 $869.45 $6.97 246.1545

All calculations use split-adjusted closing prices. Dividends are reinvested on the ex-dividend date at that day's closing price.

For each rolling window, returns are calculated at every possible starting point:

return = (value[i] ÷ value[i − windowSize] − 1) × 100

Windows
1-month = 21 trading days, 1-year = 252 trading days, 3-year = 756 trading days.
Statistics
Average: arithmetic mean. Median: middle value when sorted. Best / Worst: max and min. % Positive: share of windows with return > 0.

The series is segmented by calendar year:

return = (endValue ÷ startValue − 1) × 100

startValue is the last value of the prior year (or the first value for the initial year). Partial first/last years are flagged. Dividends, taxes, and transaction costs are scaled proportionally to the initial investment.

GRDN

CAGR 67.90% Total 125.13% Final $22,513
2024-09-26 — 2026-04-21
PZZA

CAGR 10.07% Total 2242.27% Final $234,227
1993-06-08 — 2026-04-21
ARI

CAGR 5.53% Total 144.13% Final $24,413
2009-09-24 — 2026-04-21