ROI Calculator Singapore 2026
Calculate your Return on Investment in SGD — see your total ROI, annualised return, and how you compare against CPF OA, SSB, and the STI ETF. Free tool, instant results.
💰 Enter Your Investment Details
📊 Your Investment Results
📈 Benchmark Comparison (Annualised)
Understanding ROI for Singapore Investors
Return on Investment (ROI) is one of the most important metrics for any Singapore retail investor. Whether you hold S-REITs on the SGX, ETFs through Endowus or FSMOne, or stocks in your SRS account, ROI tells you plainly what your money has earned. Unlike raw profit figures, ROI expresses your gain as a percentage of what you put in, making it easy to compare across investments of different sizes. According to MAS data, Singapore household financial wealth has grown significantly in recent years, with retail investors increasingly turning to equities and REITs as part of a diversified retirement strategy. Knowing your actual ROI is the first step to making data-driven investment decisions.
This free ROI Calculator for Singapore investors accounts for both capital gains (the change in value) and income received (dividends, REIT distributions, coupon payments), giving you a complete total-return picture. It also converts your total ROI into an annualised figure, so you can compare a 3-year bond against a 10-year equities holding on an apples-to-apples basis.
Not financial advice. All figures are for educational reference only. Data as at Q3 2026 unless noted.
What Counts as ROI in Singapore Investing?
For Singapore investors, total return has two components: capital appreciation (your holding gaining in market value) and income return (dividends from SGX-listed stocks and S-REITs, coupon payments from Singapore Savings Bonds or corporate bonds, or interest from fixed deposits). When you use this calculator, enter your dividends and distributions in the "Income Received" field to capture your full return. S-REIT investors in particular should always include distribution income, since REITs pay out at least 90% of taxable income. CPF Investment Scheme (CPFIS) investors should note that CPF OA funds earn a guaranteed 2.5% p.a. floor, so any CPFIS investment needs to clear at least that hurdle to justify the switch.
Why Annualised ROI Matters More Than Total ROI
A 50% total ROI sounds impressive, but if it took 20 years, your annualised return is just 2.05% p.a., barely above CPF OA's guaranteed 2.5%. This calculator converts your total ROI into a Compound Annual Growth Rate (CAGR), the standard metric used by fund managers, analysts, and platforms like Endowus and Syfe when reporting performance. A 3-year investment returning 30% total has an annualised ROI of 9.14%, comfortably beating the STI ETF's long-run 7% p.a. average. Our benchmark panel shows you at a glance how your investment stacks up against CPF OA, SSB, and the STI ETF.
How to Use This ROI Calculator
- Enter Initial Investment: Type the amount you originally invested in SGD, including brokerage fees if you want to be precise about your true cost basis.
- Enter Final Value: Type the current market value (or the sale price if you have already exited) in SGD. For an ongoing investment, use today's market value.
- Add Dividends / Income Received (optional): Enter the total dividends, REIT distributions, bond coupons, or any other income you have received over the entire holding period. Leave at 0 if none.
- Set Investment Duration: Drag the slider to the number of years you have held the investment. The calculator uses this to compute your annualised (CAGR) return.
- Click Calculate: Instantly see your Total ROI, Annualised ROI, Total Profit/Loss, and how your return compares against CPF OA, SSB, and the STI ETF.
The results update immediately. Adjust the inputs and recalculate as many times as you like.
Pro tip: Combine this calculator with our Retirement Planning Calculator to see how your investment ROI feeds into your long-term retirement number.
What Is ROI?
Return on Investment (ROI) measures the profit or loss generated by an investment relative to its cost. It is one of the most widely used financial metrics globally, and for Singapore investors it provides a universal yardstick to evaluate everything from STI ETFs and blue-chip stocks to S-REITs, Singapore Savings Bonds, and fixed deposits. ROI expresses your gain or loss as a percentage of the original amount invested, making it easy to compare very different types of assets on equal footing.
For example, if you invested S$10,000 in a S-REIT three years ago and received S$1,800 in distributions while your units are now worth S$11,200, your total return is S$3,000 on a S$10,000 investment, which is a 30% total ROI. Our Dividend Portfolio Yield Calculator helps you model the ongoing income component of your portfolio separately.
ROI does not account for the time value of money or the duration of the investment, which is why we also compute the annualised (CAGR) figure. A 30% ROI over 3 years is an annualised return of 9.14% p.a. The same 30% over 10 years is only 2.66% p.a., which is below CPF OA's guaranteed 2.5% floor. Always look at both figures together for a complete picture.
How ROI Works: The Formula and Maths
This calculator uses two core formulas:
Total ROI (%): ROI = [(Final Value minus Initial Investment plus Income Received) divided by Initial Investment] x 100
Annualised ROI / CAGR (%): Annualised ROI = [(1 + ROI/100) to the power of (1/Years) minus 1] x 100
The annualised ROI formula is the Compound Annual Growth Rate (CAGR), which assumes your returns compound year on year. It is the same method used by CPF Board when quoting the CPF OA rate of 2.5% p.a., and by MAS when describing SSB step-up yields. Using CAGR means a 5-year equity holding and a 10-year bond holding can be compared on the same terms.
A worked example for a Singapore investor: Initial Investment S$15,000 | Final Value S$19,500 | Dividends S$2,100 | Duration 4 years. Total Return = S$19,500 minus S$15,000 plus S$2,100 = S$6,600. Total ROI = S$6,600 divided by S$15,000 x 100 = 44.00%. Annualised ROI = (1.44 to the power of 0.25) minus 1 = 9.54% p.a. This beats the STI ETF long-run average of approximately 7% p.a., which is a strong result for a 4-year hold.
ROI vs Annualised Return in Singapore
Many Singapore investors confuse total ROI with annualised return. Fund factsheets on platforms like Endowus, Syfe, and FSMOne show 1-year, 3-year, and 5-year annualised returns, not cumulative figures. When you read "5-year annualised return of 8.2% p.a.", that means the fund has grown at a rate that, compounded over five years, produces the actual cumulative gain. For self-directed investors calculating their own portfolio performance, total ROI is the easiest starting point, but you must convert it to annualised ROI to benchmark fairly.
| Scenario | Total ROI | Duration | Annualised ROI | vs CPF OA |
|---|---|---|---|---|
| Conservative SSB | +15.9% | 5 yrs | +3.00% p.a. | Beats (+0.50%) |
| STI ETF (average) | +40.3% | 5 yrs | +7.00% p.a. | Beats (+4.50%) |
| Underperformer | +12.0% | 5 yrs | +2.29% p.a. | Below (-0.21%) |
| S-REIT (average) | +35.0% | 5 yrs | +6.18% p.a. | Beats (+3.68%) |
Use our T-Bill, SSB and FD Comparison Calculator to model risk-free alternatives alongside your equity returns.
Best Platforms for Tracking ROI in Singapore
Once you know your ROI formula, the next question is where to invest to maximise it. Singapore retail investors have access to a range of platforms, each with different cost structures that directly affect your net ROI. Lower fees compound into meaningfully higher long-term returns.
Endowus is best for CPF and SRS investing in unit trusts and model portfolios, with a fund-level access fee of 0.25 to 0.60% p.a. and 100% trailer fee rebates. It is the strongest platform for low-cost globally diversified portfolios within the Singapore CPF and SRS ecosystem. Syfe is best for robo-advisory and REIT+ portfolios, with a management fee of 0.35 to 0.65% p.a. waived for large balances. FSMOne suits self-directed investors buying unit trusts and ETFs at 0.08% brokerage, supporting regular savings plans as low as S$50 per month. Tiger Brokers and Interactive Brokers offer direct SGX and US equity trading at very low commissions from S$1.88 per trade, allowing you to keep more of your ROI net of costs.
Use our DCA Investment Calculator to model how regular investments build wealth at different return rates over time.
CPF and SRS: ROI Considerations for Singapore Investors
Singapore's CPF and SRS schemes add a unique dimension to ROI calculations that investors elsewhere do not face. For CPF Ordinary Account (OA) funds, the floor rate is 2.5% p.a. This is your opportunity cost. Any CPFIS investment must generate an annualised ROI above 2.5% after fees to justify the switch from the risk-free OA floor. MAS data has consistently shown that many CPFIS investors would have been better off leaving funds in OA, primarily due to stock-picking losses and high fund fees. The first S$20,000 in OA also cannot be invested through CPFIS, as it must remain in OA.
For SRS, the calculus is more favourable. SRS contributions earn tax relief at your marginal rate of up to 24%, which acts as an immediate first-year ROI boost. S$15,300 contributed at the 15% marginal rate generates S$2,295 in tax savings, delivering an immediate 14.97% first-year return before any investment gain. Use our SRS Tax Savings Calculator to quantify your personal SRS ROI uplift. When computing ROI on SRS investments, include the tax savings as part of your income received to get the true total return on capital deployed.
ROI as a Passive Income Strategy for Retirement
For Singapore investors targeting early retirement or financial independence, ROI is the engine of passive income. A sufficiently high annualised ROI means your portfolio grows faster than you withdraw from it, which is the foundation of the safe withdrawal rate concept that many local FIRE enthusiasts adapt to 3 to 3.5% to account for Singapore's lower yields on CPF-SRS-blended portfolios. To sustain S$3,000 per month in passive income indefinitely at a 5% annualised return, you need a portfolio of roughly S$720,000.
S-REITs are a core component of many Singapore retirement portfolios precisely because their distribution yields of typically 5 to 7% p.a. translate directly into high current-income ROI. Combined with CPF LIFE payouts, which function like a government-backed annuity, Singapore investors can construct a robust multi-layer passive income stack. CPF LIFE pays approximately S$950 per month at the Basic Retirement Sum, S$1,780 per month at the Full Retirement Sum, and S$3,440 per month at the Enhanced Retirement Sum from age 65. Use our Retirement Planning Calculator and Passive Income Guide to map out your complete retirement income plan.
Frequently Asked Questions
What is a good ROI for investments in Singapore?
A good ROI depends on your risk level and investment horizon. As a benchmark: CPF OA delivers a risk-free 2.5% p.a.; Singapore Savings Bonds average around 2.5 to 3.0% p.a.; the STI ETF has returned approximately 7% p.a. over the long run including dividends; and diversified global equities average 8 to 10% p.a. For Singapore investors in S-REITs, a 6 to 8% total annualised return combining capital gain and distribution yield is considered solid. Anything consistently above 10% p.a. over 5 or more years is excellent and beats most actively managed funds net of fees.
How is total ROI different from annualised return (CAGR)?
Total ROI is the cumulative percentage gain over the entire investment period without adjusting for time. Annualised ROI (also called CAGR, the Compound Annual Growth Rate) converts that total gain into an equivalent yearly rate, assuming compounding. A 50% total ROI over 10 years equals just 4.14% p.a. annualised. Total ROI is useful for a quick snapshot; annualised ROI is essential for comparing investments held over different periods, which is how fund performance is reported on platforms like Endowus, Syfe, and FSMOne.
Can I use CPF to invest and improve my ROI in Singapore?
Yes, through the CPF Investment Scheme (CPFIS). You can invest your CPF OA balance above the first S$20,000 in SGX-listed stocks, ETFs, unit trusts, and certain endowment plans. However, the hurdle is meaningful: your investment must return more than 2.5% p.a. (the OA floor rate) after all fees to justify the switch from the risk-free OA floor. For CPF SA, the opportunity cost is a higher 4% p.a. floor. Note that from January 2025, the CPF Special Account was closed to new contributions for members aged 55 and above as part of the Retirement Account restructuring. MAS research shows many CPFIS investors have underperformed the OA rate historically, so careful ETF selection and low fees are critical.
How much ROI should I target on S-REIT investments in Singapore?
A typical S-REIT investor targets a total annualised return of 7 to 10% p.a., comprising a 5 to 7% distribution yield and 1 to 3% annual unit price appreciation. As at Q3 2026, the iEdge S-REIT Index distribution yield is approximately 6.2 to 6.8%. The spread over the 10-year Singapore Government Securities yield matters significantly: a spread above 3% is generally considered attractive for S-REITs. Use our S-REIT Yield vs Bond Spread Calculator to check current valuations and decide if S-REITs are fairly priced relative to risk-free alternatives.
How should I factor in dividends when calculating ROI for Singapore stocks?
Always include dividends in your ROI calculation for a true total-return picture. Enter the total dividends received over the entire holding period in the Income Received field. For Singapore stocks and REITs, dividends are tax-exempt at the investor level under the one-tier tax system, so use the gross dividend amount. For US stocks held through a broker, remember that 30% withholding tax applies to dividends (or 15% under the US-Singapore tax treaty for eligible accounts), so enter the net dividends received after withholding. Use our Dividend Portfolio Yield Calculator to model your ongoing income yield separately from capital gains.
Which Singapore platform is best for tracking investment ROI?
For hands-off investors, Endowus and Syfe both display portfolio performance as annualised returns in their dashboards, so you can track your ROI at a glance. For self-directed investors on Tiger Brokers or Interactive Brokers, the performance dashboard shows time-weighted return which adjusts for cash flows. For a manual calculation on a specific holding, this ROI Calculator Singapore gives you an instant result. Stock tracking apps like StocksCafe also let you log all your SGX trades and compute personalised annualised returns across your full portfolio.
What return rate should I use in this ROI calculator for Singapore?
Use your actual investment figures for the most accurate result. For the benchmark comparison panel, the reference rates are: CPF OA at 2.5% p.a. (guaranteed floor as at Q3 2026); SSB at approximately 3.0% p.a. (approximate 10-year average yield for current SSB tranches); STI ETF at approximately 7.0% p.a. (long-run average including dividends, based on historical SGX data). These benchmarks help you answer the most important question for any Singapore investor: is your investment actually worth the extra risk over the risk-free CPF OA alternative?
How does investment ROI affect my retirement income in Singapore?
Your long-term annualised ROI is the single most powerful lever in retirement planning. A portfolio growing at 6% p.a. instead of 4% p.a. over 25 years produces 64% more wealth on the same starting capital. In Singapore's retirement context, a higher ROI means you either need less starting capital to reach the same retirement income, or you can retire sooner. CPF LIFE provides a government-backed floor at BRS approximately S$950 per month, FRS approximately S$1,780 per month, and ERS approximately S$3,440 per month at age 65. Any private investment ROI above CPF OA's 2.5% adds to your retirement income stack. Use our Retirement Planning Calculator to model exactly how your current ROI translates into retirement readiness.
Start Investing Smarter - Use Our Free Tools
Now you know your ROI - put it to work. Model your full retirement income, track your S-REIT dividends, and compare risk-free alternatives with our free Singapore investing tools.