U.S. stocks closed out Joe Biden’s era on a high note as the president bids farewell to the White House. The 46th president of the United States is bringing his time at the White House to a close with the S&P 500 up over 55% since he took office on Jan.

On an annualized basis, Biden’s Dow performance is slightly below the 50-year average, but higher than the average among 20th and 21st-century Democratic presidents. Among one-term presidents, the Dow’s performance under Biden is the worst since Jimmy Carter.