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

Total Real Returns

SPY vs. BRK-B: Total Return Chart (with Dividends Reinvested)

Growth of $10,000

Thu 1996-05-09💬 to Fri 2026-09-18 Overall
Return 		Exponential
Trendline
SPY × 		+1,888.57%
+10.35%/yr 		+8.48%/yr
R2=0.885
State Street SPDR S&P 500 ETF Trust Exchange-Traded Fund
BRK-B × 		+2,097.28%
+10.71%/yr 		+9.73%/yr
R2=0.957
Berkshire Hathaway Inc NYSE Common Stock

Growth of $10,000 Summary

Thu 1996-05-09💬 to Fri 2026-09-18 Start
Value 		End
Value
SPY × 		$10,000.00
1996-05-09 		$198,857.02
2026-09-18
BRK-B × 		$10,000.00
1996-05-09 		$219,728.45
2026-09-18

This Year’s Performance

through 2026-09-18

  YTD YoY
SPY × 		+12.57% +16.58%
BRK-B × 		+1.42% +3.93%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
SPY × 		−1.84%
on 2026-09-18
from 2026-08-13 peak 		−55.19%
on 2009-03-09
from 2007-10-09 peak
BRK-B × 		−5.56%
on 2026-09-18
from 2025-05-02 peak 		−53.86%
on 2009-03-05
from 2007-12-10 peak

Rolling Returns

Period ending Fri 2026-09-18 1 yr 2 yr 3 yr 5 yr 10 yr
SPY × 		+16.58% +39.24%
+18.00%/yr 		+78.04%
+21.20%/yr 		+84.50%
+13.03%/yr 		+318.02%
+15.38%/yr
BRK-B × 		+3.93% +11.64%
+5.66%/yr 		+37.62%
+11.23%/yr 		+84.19%
+12.99%/yr 		+251.54%
+13.40%/yr

Annual Returns

Year SPY BRK-B
2026 (YTD) +12.57% +1.42%
2025 +17.72% +10.89%
2024 +24.89% +27.09%
2023 +26.18% +15.46%
2022 −18.18% +3.31%
2021 +28.73% +28.95%
2020 +18.33% +2.37%
2019 +31.22% +10.93%
2018 −4.57% +3.01%
2017 +21.71% +21.62%
2016 +12.00% +23.43%
2015 +1.23% −12.06%
2014 +13.46% +26.64%
2013 +32.31% +32.17%
2012 +15.99% +17.56%
2011 +1.90% −4.76%
2010 +15.06% +21.90%
2009 +26.35% +2.24%
2008 −36.79% −32.14%
2007 +5.15% +29.19%
2006 +15.85% +24.89%
2005 +4.83% −0.02%
2004 +10.70% +4.30%
2003 +28.18% +16.18%
2002 −21.58% −4.04%
2001 −11.76% +7.26%
2000 −9.74% +28.63%
1999 +20.39% −22.13%
1998 +28.69% +52.70%
1997 +33.48% +38.40%
1996 +22.56% −4.14%
1995 +38.04% —
1994 +0.40% —
1993 +8.64% —