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

Thu 2004-11-18? to Wed 2025-06-11	YTD Return	TRR Price
GLD ×	+24.95% 2025-06-11	4.125 TRR 2025-06-11
SPDR Gold Shares Exchange-Traded Fund
SPY ×	+0.97% 2025-06-11	10.9 TRR 2025-06-11
SPDR S&P 500 ETF Trust Exchange-Traded Fund

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Returns

Thu 2004-11-18? to Wed 2025-06-11	Overall Return	Exponential Trendline
GLD ×	+312.48% +7.13%/yr	+3.71%/yr (R2=0.494)
SPDR Gold Shares Exchange-Traded Fund
SPY ×	+341.43% +7.49%/yr	+8.49%/yr (R2=0.887)
SPDR S&P 500 ETF Trust Exchange-Traded Fund

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Growth of $10,000

Thu 2004-11-18? to Wed 2025-06-11	Start Value	End Value
GLD ×	$10,000.00 2004-11-18	$41,247.99 2025-06-11
SPDR Gold Shares Exchange-Traded Fund
SPY ×	$10,000.00 2004-11-18	$44,142.99 2025-06-11
SPDR S&P 500 ETF Trust Exchange-Traded Fund

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Annual Returns

Year	GLD	SPY
2025 (YTD)	+24.95%	+0.97%
2024	+23.11%	+21.39%
2023	+9.04%	+22.09%
2022	−6.80%	−23.15%
2021	−10.45%	+20.26%
2020	+23.14%	+16.74%
2019	+15.23%	+28.29%
2018	−3.78%	−6.35%
2017	+10.48%	+19.18%
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	+6.40%	−1.05%
2010	+27.37%	+13.36%
2009	+20.74%	+23.00%
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	—	−13.11%
2000	—	−12.70%
1999	—	+17.25%
1998	—	+26.64%
1997	—	+31.24%
1996	—	+18.56%
1995	—	+34.63%
1994	—	−2.22%
1993	—	+6.29%

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Drawdowns

Thu 2004-11-18? to Wed 2025-06-11	Current Drawdown	Worst Drawdown
GLD ×	−2.65%	−47.98% 2015-12-17
SPDR Gold Shares Exchange-Traded Fund
SPY ×	−2.53%	−55.98% 2009-03-09
SPDR S&P 500 ETF Trust Exchange-Traded Fund