All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)

Total Real Returns

GLD,SPY: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

Thu 2004-11-18💬 to Thu 2026-06-18 YTD
Return
1 Year
Return
GLD
×
−5.73%
2026-06-18
+19.69%
2026-06-18
SPDR Gold Shares Exchange-Traded Fund
SPY
×
+6.24%
2026-06-18
+21.59%
2026-06-18
SPDR S&P 500 ETF Trust Exchange-Traded Fund

Returns

Thu 2004-11-18💬 to Thu 2026-06-18 Overall
Return
Exponential
Trendline
GLD
×
+396.06%
+7.70%/yr
+4.31%/yr
(R2=0.559)
SPDR Gold Shares Exchange-Traded Fund
SPY
×
+432.55%
+8.06%/yr
+8.73%/yr
(R2=0.902)
SPDR S&P 500 ETF Trust Exchange-Traded Fund

Growth of $10,000

Thu 2004-11-18💬 to Thu 2026-06-18 Start
Value
End
Value
GLD
×
$10,000.00
2004-11-18
$49,606.39
2026-06-18
SPDR Gold Shares Exchange-Traded Fund
SPY
×
$10,000.00
2004-11-18
$53,255.15
2026-06-18
SPDR S&P 500 ETF Trust Exchange-Traded Fund

Annual Returns

Year GLD SPY
2026 (YTD) −5.73% +6.24%
2025 +59.41% +14.65%
2024 +23.11% +21.39%
2023 +9.04% +22.09%
2022 −6.80% −23.15%
2021 −10.45% +20.27%
2020 +23.14% +16.74%
2019 +15.22% +28.29%
2018 −3.78% −6.35%
2017 +10.47% +19.19%
2016 +5.84% +9.73%
2015 −11.32% +0.50%
2014 −2.92% +12.61%
2013 −29.39% +30.35%
2012 +4.78% +14.01%
2011 +6.41% −1.04%
2010 +27.37% +13.36%
2009 +20.74% +23.01%
2008 +4.83% −36.85%
2007 +25.32% +1.01%
2006 +19.54% +13.00%
2005 +13.86% +1.35%
2004 −0.96% +7.21%
2003 +25.82%
2002 −23.40%
2001 −13.10%
2000 −12.70%
1999 +17.24%
1998 +26.65%
1997 +31.24%
1996 +18.63%
1995 +34.61%
1994 −2.22%
1993 +6.22%

Drawdowns

Thu 2004-11-18💬 to Thu 2026-06-18 Current
Drawdown
Worst
Drawdown
GLD
×
−24.40%
from 2026-01-29 peak
−47.98%
2015-12-17
from 2011-08-22 peak
SPDR Gold Shares Exchange-Traded Fund
SPY
×
−1.61%
from 2026-06-02 peak
−55.97%
2009-03-09
from 2007-10-09 peak
SPDR S&P 500 ETF Trust Exchange-Traded Fund

Rolling Returns

Period ending Thu 2026-06-18 1
Year
2
Years
3
Years
5
Years
10
Years
GLD
×
+19.69% +68.08%
+29.65%/yr
+93.37%
+24.59%/yr
+89.22%
+13.60%/yr
+123.86%
+8.39%/yr
SPDR Gold Shares Exchange-Traded Fund
SPY
×
+21.59% +30.80%
+14.37%/yr
+60.03%
+16.97%/yr
+55.24%
+9.19%/yr
+204.26%
+11.77%/yr
SPDR S&P 500 ETF Trust Exchange-Traded Fund