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Dollar-Cost Averaging (DCA) Calculator

Investing & Markets

Calculate total shares purchased and average cost from a recurring fixed-dollar investment strategy.

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USD
$0.00$1,000,000.00
1600
USD
$0.01$100,000.00

Estimated Shares Purchased

70.588

Estimated total shares purchased, based on the average price paid over the period.

USD

Total Invested

$6,000

Total dollars invested over this period.

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Odeh Ahwal

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Odeh Ahwal
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Frequently Asked Questions

What is dollar-cost averaging?

Dollar-cost averaging means investing a fixed dollar amount on a regular schedule regardless of price, which naturally buys more shares when prices are low and fewer when prices are high, smoothing out the average purchase price over time.

Does dollar-cost averaging guarantee better returns than investing a lump sum?

No, research generally shows lump-sum investing outperforms dollar-cost averaging more often over long time horizons in rising markets, but DCA can reduce regret and emotional risk by avoiding the stress of trying to time a single large investment.

Why is average price an estimate rather than an exact calculation here?

Since share prices fluctuate with each individual purchase, true share count depends on the exact price paid at each contribution — this calculator uses a single average price for simplicity, which is a reasonable approximation over the full period.

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