S&P Falling 19.4% vs my portfolio -5%


My 1yr return shows -24,000 saying it's -5%.

I'm wondering how this is calculated. I have vigorously been depositing all extra money all year. Is it saying my portfolio is only down 5% from all money invested, meaning some has gone up. It feels like even the amount it shows it going down, 24,000, is way less than the total loss + money I put in. Am I missing something?


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