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

Total Real Returns

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

SPY real return snapshot: after CPI-U inflation, SPY returned +13.90% over the past year and +10.37% YTD, with dividends reinvested. Since Jan. 29, 1993, SPY is up +1,265.69% in real purchasing-power return, or +8.08%/yr, and is currently −0.69% below its real total-return high on Aug. 13, 2026.

Data ending Mon Sep. 21, 2026

Growth of $10,000

Fri 1993-01-29💬 to Mon 2026-09-21 Overall
Return
Exponential
Trendline
SPY
×
+1,265.69%
+8.08%/yr
+6.35%/yr
R2=0.851
State Street SPDR S&P 500 ETF Trust Exchange-Traded Fund

Growth of $10,000 Summary

Fri 1993-01-29💬 to Mon 2026-09-21 Start
Value
End
Value
SPY
×
$10,000.00
1993-01-29
$136,568.64
2026-09-21

This Year’s Performance

through 2026-09-21

  YTD YoY
SPY
×
+10.37% +13.90%

Drawdowns

  Current
Drawdown
Worst
Drawdown
SPY
×
−0.69%
on 2026-09-21
from 2026-08-13 peak
−58.55%
on 2009-03-09
from 2000-03-24 peak

Rolling Returns

Period ending Mon 2026-09-21 1 yr 2 yr 3 yr 5 yr 10 yr
SPY
×
+13.90% +30.76%
+14.35%/yr
+70.38%
+19.44%/yr
+55.75%
+9.27%/yr
+201.68%
+11.67%/yr

Annual Returns

Year SPY
2026 (YTD) +10.37%
2025 +14.65%
2024 +21.39%
2023 +22.09%
2022 −23.15%
2021 +20.27%
2020 +16.74%
2019 +28.29%
2018 −6.35%
2017 +19.19%
2016 +9.73%
2015 +0.50%
2014 +12.61%
2013 +30.35%
2012 +14.01%
2011 −1.04%
2010 +13.36%
2009 +23.01%
2008 −36.85%
2007 +1.01%
2006 +13.00%
2005 +1.35%
2004 +7.21%
2003 +25.82%
2002 −23.41%
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%