## Exceptional TSP Performance for 2025: Highest TSP Return Ever Reached?
In 2025, *annual returns* for all TSP funds were up. This is not the first time this has happened, but it is good news for all TSP investors when it does occur. This is the second year in a row that all TSP Funds were up for the year.
The I Fund has been rolling in 2025. It had the best return of any TSP Fund in 2025 with an annual return of 32.45%!
Some readers will conclude, based on thier recent memories, that this I Fund return for 2025 is the best any TSP Fund has ever had.That is not the case.
The last time any TSP fund had an annual return of 32.45% or higher prior to the I fund’s 32.45% in 2025 was [in 2013](https://www.tspdatacenter.com/annual-returns/?tsp_year=2013), when the C fund also posted a 32.45% return,and the S fund delivered a 38.35% return that year.No TSP fund achieved ≥32.45% from 2014 through 2024, making 2013 the most recent instance before 2025’s exceptional I Fund performance driven by global (ex-U.S.) market strength.The highest TSP return ever achieved was the S Fund. It returned 42.92% in 2003. It achieved this return due to a powerful rebound in small- and mid-cap U.S. stocks following the 2000-2002 bear market, triggered by the dot-com bubble burst, the 9/11 attacks, and a brief recession ending in November 2001.
As of the G Fund, which always has a positive return, there have not been any years in which every TSP Fund had a negative return.
## TSP Returns in 2025
| fund | Price | December | 2025 | |||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| G Fund | $19.5877 | 0.35% | 4.44% | |||||||||||||||||||||||||||||
| F Fund | TSP Fund Performance: A Look at 2023 and historical Trends2023 was a remarkably strong year for the Thrift Savings plan (TSP),particularly for its stock-based funds. The S Fund led the way with an remarkable 24.13% return, followed closely by the C Fund at 21.88%. The I Fund also delivered a solid performance at 16.86%. This strong showing highlights the potential benefits of investing in equities, but also underscores the inherent risks.
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