Official portrait of Sen. Joni Ernst (R-IA)
Official portrait: unitedstates/images (public domain; source GPO Member Guide)

Sen. Joni Ernst (R-IA)

Senate · Republican (most recent term) · IA · in Congress 2015–present · Bioguide ID E000295

Party history: R 2015–present. Source: term data in unitedstates/congress-legislators (CC0); party shown is as recorded per term there.

Estimated net worth (from public disclosures)

EstimateReport yearLowMidHigh
(a) Estimated net worth before entering office (report year 2014)2014$106,032$503,015$899,998
(b) Latest net worth estimate2025$255,050$790,024$1,324,999
(c) Estimated gain / loss, nominal dollars, 2014 → 2025 (11 years spanned)2014–2025−$644,948+$287,010+$1,218,967

Gain Low = latest Low − earliest High; Gain High = latest High − earliest Low (widest possible spread); Mid = latest Mid − earliest Mid.

Reliability flags (net worth): none for these two endpoints. Included in the recommended dollar-gain ranking.

Net worth by report year (mid; Low–High)
Report yearAssets (mid)Liabilities (mid)Net worth midLow … HighStatus / flags
2014$610,516$107,501$503,015$106,032 … $899,998computed
2015$505,512$482,502$23,011−$428,975 … $474,997computed
2016$505,512$750,001−$244,488−$778,975 … $289,998computed
2017$520,013$750,001−$229,988−$784,974 … $324,998computed
2018$276,508$750,001−$473,492−$891,983 … −$55,002computed
2019$359,510$1,300,002−$940,492−$1,590,981 … −$290,004computed
2020$329,018$1,100,002−$770,984−$1,436,965 … −$105,004computed
2021$272,516$550,001−$277,486−$704,969 … $149,998computed
2022$315,016$550,001−$234,986−$669,969 … $199,998computed
2023$394,018$175,000$219,018−$156,963 … $594,999computed
2024$809,022$75,000$734,021$248,043 … $1,219,999computed
2025$865,025$75,000$790,024$255,050 … $1,324,999computed
Read this first. Members report asset values only as ranges (e.g. “$15,001 – $50,000”), never exact dollars. Every figure below is an estimate computed from range midpoints, not a measured return. Figures cannot be interpreted as investment performance, and they do not show wrongdoing or skill. Methodology and limitations are at the end and in the project README. Sources: public financial disclosure reports filed with the Clerk of the U.S. House of Representatives and/or the Secretary of the Senate (Senate eFD), linked below.
Avg. annual change (geometric, est.)+4.3%
Simple average of years+5.0%
Years estimated7
Best / worst single year2022 +29%
2021 -8%

Sensitivity band for the average (all ranges at floor vs. all at ceiling, same holdings both years): +14.8% to +3.0%. This band is narrow because it moves both years together; the true uncertainty is larger — see the per-year “strict envelope” column and the limitations.

Estimated year-over-year change

-10%0%29%2015201620192021202220242025

Bars: midpoint estimate; whisker: same-position floor/ceiling band. Axis clipped to −100%…+150%. Years with insufficient traceable holdings are omitted.

Year (t−1 → t)Opening value (mid)Closing value (mid)Income (mid)Buys (mid)Sales (mid)Est. gainSame-position bandStrict envelopeTraced coverageStatus / flags
2014→2015$522,012$497,512$600$0$0 -4.6%-5.9% … -4.2%-113% … +104%86%counted
2015→2016$408,011$408,011$0$0$0 +0.0%+0.0% … +0.0%-114% … +114%81%counted
2016→2017$274,510$323,510$0$0$0 +17.9%+15.2% … +31.5%-125% … +161%54%excluded; not eligible: traced coverage 54% < 60%
2017→2018$260,508$260,508$0$0$0 +0.0%+0.0% … +0.0%-119% … +119%50%excluded; not eligible: traced coverage 50% < 60%
2018→2019$260,508$303,008$0$0$0 +16.3%+12.0% … +33.0%-105% … +138%94%counted
2019→2020$104,505$129,005$0$0$0 +23.4%+18.9% … +58.3%-141% … +188%29%excluded; not eligible: traced coverage 29% < 60%
2020→2021$281,014$256,514$1,201$0$0 -8.3%-23.8% … -6.5%-164% … +148%85%counted
2021→2022$232,014$299,014$600$0$0 +29.1%+19.8% … +169.5%-154% … +212%85%counted
2022→2023$155,006$161,506$3,002$0$0 +6.1%-10.0% … +10.0%-126% … +139%49%excluded; not eligible: traced coverage 49% < 60%
2023→2024$258,010$258,010$3,603$0$0 +1.4%+1.4% … +1.6%-141% … +143%65%counted
2024→2025$665,012$665,012$5,354$0$0 +0.8%+0.7% … +0.9%-100% … +102%82%counted

Filings used

Each annual-report year uses one filing (most recently filed version among originals/amendments whose Schedule A row count is ≥ 40% of the largest). Electronic (text) PDFs are parsed. Scanned/image-only filings are OCR-read and used only if they pass the explicit validation gates described in the project README (value/income coverage, two-engine agreement, exact bracket snapping, page completeness, year-to-year position continuity); such years are labelled OCR-derived below. Scanned filings that fail validation are listed as “insufficient data – scanned”.

Report yearDoc IDTypeFiledSchedule A rowsRows with unparsed valueSource (official filing) / SHA-256
201405f39e4f-9491-489c-8e3f-ebc0d9a5c505Senate amendment07/22/2016320Senate eFD report
2dbb09ec35200e69590d513225242cc3be84f80c6761a0ed798305e3a344ae7c
201572d93df0-28f8-469e-84ce-2ba6537cf499Senate amendment07/22/2016250Senate eFD report
df3f23cb25da06d600ba88cf9a7ebcaa8f4310226cc530e7777c61eab75a5c52
201646fc42ef-1df5-452c-a0f8-985d82246976Senate amendment07/05/2017250Senate eFD report
c45af086ba67ec8a142b2d5c68b7231da716da69d38a86ef04367069a38da460
2017d8fbc17d-c91d-4051-9567-cebf6e8ab327Senate annual05/15/2018260Senate eFD report
9434c15964248b6f5801281453f6c47e67ecabb6aa0d4a47d773cf1bcd78a7a2
2018e8aa3d2d-836a-4cf8-8daf-2751ceb4c635Senate annual05/15/2019170Senate eFD report
f4c40434cc8b2eae2f5d0c6b6a53a902a90f783ed56191b1839b266e1599914b
2019379b8c76-e5ca-4eb9-8a75-ff86d297a4b6Senate annual08/11/2020190Senate eFD report
180e8472a770c079530fe4ac9fcd5ea6fa45bd2298fdd9a61177f4750d3d4d28
2020b7ced2ee-ebfb-4d42-9ea6-328abecfc784Senate annual05/16/2021350Senate eFD report
8d6329d4f4c3479c33579af57129fad8c5448aa795121b597ef96138de5abb45
2021ffd50598-7f74-4b5f-85a8-b59af1b5166fSenate annual05/11/2022310Senate eFD report
9bc8761dd360297a559a6f64467080bcbdde51686e1346552ce02caeb1cbc1e9
2022b4277555-c28f-4c52-a6b1-d0e0960bd214Senate annual05/05/2023310Senate eFD report
d863c23cdc27ba0a1d724cd598bf4ff7ceaa697f55fbaf0aacae20b804084485
2023db76aaa0-c2ec-49a1-8a5f-87c2ec97d22eSenate annual05/14/2024370Senate eFD report
707d9ebcceb66552a20b7af46aecf89a072d25043147f398c886e68c906caaaf
2024512f89d1-aaa9-4850-bd2b-29622809776eSenate annual05/15/2025430Senate eFD report
91e60b6d6dcb04142298697d75450570af1b3512afb27f4ce91d004b585af4b4
20254498b05c-5009-4f94-9c9d-021f32390dbdSenate annual05/15/2026500Senate eFD report
c65c5bd5c8e5d84c1bcf6dfb5ad303b7b9da9487215033c902e6e35f6a9443c7

Largest movers 2021→2022

Position (as written in filing)OwnerKindOpening range(s)Closing range(s)Buys (mid)Sales (mid)
U.S. Senate Federal Credit Union (Washington, DC) Type: Checking, Savings—held$1,001 - $15,000$50,001 - $100,000$0$0
Pershing LLC ⇒ FXAIX - Fidelity 500 Index Fund—held$1,001 - $15,000$1,001 - $15,000$0$0
Pershing LLC ⇒ DODIX - Dodge & Cox Income Fund—held$1,001 - $15,000$1,001 - $15,000$0$0
E-Trade Advisor Services Filer comment: Roth IRA ⇒ FSBTX - American Funds Short-Term Bond —held$1,001 - $15,000$1,001 - $15,000$0$0
Pershing LLC ⇒ GRFXX - Money Market Obligations Trust - Federated Hermes—held$1,001 - $15,000$1,001 - $15,000$0$0
E-Trade Advisor Services Filer comment: Roth IRA ⇒ FNEFX - American Funds The New Economy —held$1,001 - $15,000$1,001 - $15,000$0$0
Pershing LLC ⇒ OTCIX - MFS Mid Cap Growth Fund Class I—held$1,001 - $15,000$1,001 - $15,000$0$0
ReliaStar Life Ins. Co. Filer comment: 457 Plan ⇒ IIGZX - Voya Global Value Advantage Port—held$1,001 - $15,000$1,001 - $15,000$0$0

Largest movers 2023→2024

Position (as written in filing)OwnerKindOpening range(s)Closing range(s)Buys (mid)Sales (mid)
Pershing LLC ⇒ FXAIX - Fidelity 500 Index Fund—held$15,001 - $50,000$15,001 - $50,000$0$0
Axos Advisor Services Traditional IRA ⇒ STMEX - Sierra Tactical Municipal Fund Institution—held$1,001 - $15,000$1,001 - $15,000$0$0
Axos Advisor Services Traditional IRA ⇒ SIRRX - Sierra Tactical All Asset Fund Instl Class—held$1,001 - $15,000$1,001 - $15,000$0$0
Pershing LLC ⇒ VIMAX - Vanguard Mid-Cap Index Fund Admiral Shares—held$1,001 - $15,000$1,001 - $15,000$0$0
Pershing LLC ⇒ MEIIX - MFS Value Fund Class I—held$15,001 - $50,000$15,001 - $50,000$0$0
Pershing LLC ⇒ VMVAX - Vanguard Mid-Cap Value Index Fund Admiral Shares—held$1,001 - $15,000$1,001 - $15,000$0$0
Axos Advisor Services Traditional IRA ⇒ SSIRX - Sierra Tactical Core Income Fund Instl Cla—held$1,001 - $15,000$1,001 - $15,000$0$0
Pershing LLC ⇒ DODIX - Dodge & Cox Income Fund—held$1,001 - $15,000$1,001 - $15,000$0$0

Largest movers 2024→2025

Position (as written in filing)OwnerKindOpening range(s)Closing range(s)Buys (mid)Sales (mid)
Pershing LLC ⇒ DODIX - Dodge & Cox Income Fund—held$1,001 - $15,000$15,001 - $50,000$0$0
Capital One (Richmond, Virginia) Type: Savings—held$15,001 - $50,000$1,001 - $15,000$0$0
Pershing LLC ⇒ FXAIX - Fidelity 500 Index Fund—held$15,001 - $50,000$15,001 - $50,000$0$0
Pershing LLC ⇒ VIMAX - Vanguard Mid-Cap Index Fund Admiral Shares—held$1,001 - $15,000$1,001 - $15,000$0$0
Pershing LLC ⇒ MEIIX - MFS Value Fund Class I—held$15,001 - $50,000$15,001 - $50,000$0$0
Pershing LLC ⇒ VMVAX - Vanguard Mid-Cap Value Index Fund Admiral Shares—held$1,001 - $15,000$1,001 - $15,000$0$0
Axos Advisor Services Roth IRA ⇒ AIVFX - American Funds International Vantage Fund Class—held$1,001 - $15,000$1,001 - $15,000$0$0
Axos Advisor Services Roth IRA ⇒ MIAYX - American Funds Multi-Sector Income Fund Class F-—held$1,001 - $15,000$1,001 - $15,000$0$0

Method (summary)

  1. Schedule A asset rows are read from each annual report; the dollar range for each row is converted to its midpoint. Open-ended top ranges (“Over $50,000,000”) are excluded from the traced set and counted as a coverage loss.
  2. Positions are matched year to year by owner code (self/SP/DC/JT) + normalised asset name. A position that appears only in year t is included only if Schedule B shows a purchase of it in year t (opening value 0); a position that disappears is included only if Schedule B shows a sale (closing value 0). Otherwise it is excluded as unexplained.
  3. Estimated gain = (closing − opening + reported income − purchases + sale proceeds) ÷ opening, all at midpoints, for the traced positions. “Capital gains” income is not added again (it is already in value change and sale proceeds).
  4. A year counts only if traced opening value ≥ $50,000 and traced coverage ≥ 60% of the opening midpoint. A member is ranked only with ≥ 3 such years (exactly 2 = “limited data”, shown but unranked). Average = geometric mean of (1+yearly estimate).

Limitations

Generated 2026-10-01 by an automated pipeline. Data: Office of the Clerk, U.S. House of Representatives (disclosures-clerk.house.gov); member roster: unitedstates/congress-legislators (CC0).