( 1 ) assumes $ 100 was invested on december 31 , 2008 , and that dividends were reinvested quarterly . ( 2 ) the company's fiscal year ends on the saturday that is on or nearest to december 31 of each year ; for ease of calculation , the fiscal year end is assumed to be december 31 . ( 3 ) the peer group consists of : stanley black & decker , inc. , danaher corporation , emerson electric co. , genuine parts company , newell rubbermaid inc. , pentair ltd. , spx corporation and w.w . grainger , inc . 24 snap-on incorporated 2009 2010 2011 2012 2013 snap-on incorporated peer group s&p 500 .
five-year stock performance graph the graph below illustrates the cumulative total shareholder return on snap-on common stock since december 31 , 2008 , assuming that dividends were reinvested . the graph compares snap-on 2019s performance to that of the standard & poor 2019s 500 stock index ( 201cs&p 500 201d ) and a peer group . snap-on incorporated total shareholder return ( 1 ) fiscal year ended ( 2 ) snap-on incorporated peer group ( 3 ) s&p 500 .
what is the return on investment if $ 100 are invested in s&p500 at the end of 2008 and sold at the end of 2010?
fiscal year ended ( 2 ) the december 31 2008 of snap-onincorporated is $ 100.00 ; the december 31 2008 of peer group ( 3 ) is $ 100.00 ; the december 31 2008 of s&p 500 is $ 100.00 ; fiscal year ended ( 2 ) the december 31 2009 of snap-onincorporated is 111.40 ; the december 31 2009 of peer group ( 3 ) is 127.17 ; the december 31 2009 of s&p 500 is 126.46 ; fiscal year ended ( 2 ) the december 31 2010 of snap-onincorporated is 153.24 ; the december 31 2010 of peer group ( 3 ) is 169.36 ; the december 31 2010 of s&p 500 is 145.51 ; ( 1 ) assumes $ 100 was invested on december 31 , 2008 , and that dividends were reinvested quarterly .
fiscal year ended ( 2 ) snap-onincorporated peer group ( 3 ) s&p 500
december 31 2008 $ 100.00 $ 100.00 $ 100.00
december 31 2009 111.40 127.17 126.46
december 31 2010 153.24 169.36 145.51
december 31 2011 140.40 165.85 148.59
december 31 2012 223.82 195.02 172.37
december 31 2013 315.72 265.68 228.19