All charts and data below are with dividends reinvested. (Inflation adjustment is OFF !)

Total Real Returns

MOAT vs. SPY: Total Return Chart (with Dividends Reinvested)

Growth of $10,000

Wed 2012-04-25💬 to Thu 2026-11-05 Overall
Return 		Exponential
Trendline
MOAT × 		+572.14%
+14.01%/yr 		+13.66%/yr
R2=0.981
VanEck Morningstar Wide Moat ETF Exchange-Traded Fund
SPY × 		+576.55%
+14.06%/yr 		+13.63%/yr
R2=0.980
State Street SPDR S&P 500 ETF Trust Exchange-Traded Fund

Growth of $10,000 Summary

Wed 2012-04-25💬 to Thu 2026-11-05 Start
Value 		End
Value
MOAT × 		$10,000.00
2012-04-25 		$67,213.72
2026-11-05
SPY × 		$10,000.00
2012-04-25 		$67,655.13
2026-11-05

This Year’s Performance

through 2026-11-05

  YTD YoY
MOAT × 		+10.97% +15.46%
SPY × 		+8.33% +9.35%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
MOAT × 		−2.60%
on 2026-11-05
from 2026-11-04 peak 		−33.31%
on 2020-03-23
from 2020-02-12 peak
SPY × 		−5.92%
on 2026-11-05
from 2026-10-06 peak 		−33.72%
on 2020-03-23
from 2020-02-19 peak

Rolling Returns

Period ending Thu 2026-11-05 1 yr 2 yr 3 yr 5 yr 10 yr
MOAT × 		+15.46% +23.54%
+11.15%/yr 		+58.12%
+16.50%/yr 		+56.00%
+9.30%/yr 		+299.04%
+14.84%/yr
SPY × 		+9.35% +30.04%
+14.03%/yr 		+74.85%
+20.47%/yr 		+67.27%
+10.84%/yr 		+311.57%
+15.20%/yr

Annual Returns

Year MOAT SPY
2026 (YTD) +10.97% +8.33%
2025 +13.20% +17.72%
2024 +10.74% +24.89%
2023 +31.89% +26.18%
2022 −13.66% −18.18%
2021 +24.12% +28.73%
2020 +14.84% +18.33%
2019 +34.80% +31.22%
2018 −1.28% −4.57%
2017 +23.18% +21.71%
2016 +21.88% +12.00%
2015 −4.93% +1.23%
2014 +9.19% +13.46%
2013 +30.91% +32.31%
2012 +9.65% +15.99%
2011 — +1.89%
2010 — +15.06%
2009 — +26.35%
2008 — −36.79%
2007 — +5.15%
2006 — +15.85%
2005 — +4.83%
2004 — +10.70%
2003 — +28.18%
2002 — −21.58%
2001 — −11.76%
2000 — −9.74%
1999 — +20.39%
1998 — +28.69%
1997 — +33.48%
1996 — +22.56%
1995 — +38.04%
1994 — +0.40%
1993 — +8.64%