MSTR,SPY Total Return Stock Chart (Dividends Reinvested) | Total Real Returns

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

Total Real Returns

MSTR,SPY: Total Return Chart (with Dividends Reinvested)

Dividends Reinvested:

Thu 1998-06-11^? to Wed 2025-09-10	YTD Return	TR Price
MSTR ^×	+12.72% 2025-09-10	30.91 TR 2025-09-10
MicroStrategy Incorporated NASDAQ Common Stock
SPY ^×	+11.95% 2025-09-10	26.75 TR 2025-09-10
SPDR S&P 500 ETF Trust Exchange-Traded Fund

Returns

Thu 1998-06-11^? to Wed 2025-09-10	Overall Return	Exponential Trendline
MSTR ^×	+2,990.65% +13.42%/yr	+9.03%/yr (R²=0.379)
MicroStrategy Incorporated NASDAQ Common Stock
SPY ^×	+860.65% +8.66%/yr	+8.36%/yr (R²=0.863)
SPDR S&P 500 ETF Trust Exchange-Traded Fund

Growth of $10,000

Thu 1998-06-11^? to Wed 2025-09-10	Start Value	End Value
MSTR ^×	$10,000.00 1998-06-11	$309,065.09 2025-09-10
MicroStrategy Incorporated NASDAQ Common Stock
SPY ^×	$10,000.00 1998-06-11	$96,065.39 2025-09-10
SPDR S&P 500 ETF Trust Exchange-Traded Fund

Annual Returns

Year	MSTR	SPY
2025 (YTD)	+12.72%	+11.95%
2024	+358.54%	+24.89%
2023	+346.15%	+26.18%
2022	−74.00%	−18.18%
2021	+40.13%	+28.73%
2020	+172.42%	+18.33%
2019	+11.65%	+31.22%
2018	−2.70%	−4.57%
2017	−33.49%	+21.71%
2016	+10.10%	+12.00%
2015	+10.40%	+1.23%
2014	+30.71%	+13.46%
2013	+33.05%	+32.31%
2012	−13.79%	+15.99%
2011	+26.73%	+1.90%
2010	−9.09%	+15.06%
2009	+153.22%	+26.35%
2008	−60.96%	−36.79%
2007	−16.59%	+5.15%
2006	+37.91%	+15.85%
2005	+37.21%	+4.83%
2004	+14.81%	+10.70%
2003	+247.55%	+28.18%
2002	−60.78%	−21.58%
2001	−59.47%	−11.76%
2000	−90.95%	−9.74%
1999	+566.67%	+20.39%
1998	+49.11%	+28.69%
1997	—	+33.48%
1996	—	+22.50%
1995	—	+38.06%
1994	—	+0.40%
1993	—	+8.71%

Drawdowns

Thu 1998-06-11^? to Wed 2025-09-10	Current Drawdown	Worst Drawdown
MSTR ^×	−31.10%	−99.86% 2002-07-26
MicroStrategy Incorporated NASDAQ Common Stock
SPY ^×	0.00%	−55.19% 2009-03-09
SPDR S&P 500 ETF Trust Exchange-Traded Fund