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 +15.95% over the past year and +6.69% YTD, with dividends reinvested. Since Jan. 29, 1993, SPY is up +1,220.14% in real purchasing-power return, or +8.01%/yr, and is currently −1.23% below its real total-return high on Jun. 2, 2026.

Data ending Wed Jul. 22, 2026

Growth of $10,000

Fri 1993-01-29💬 to Wed 2026-07-22 Overall
Return
Exponential
Trendline
SPY
×
+1,220.14%
+8.01%/yr
+6.31%/yr
R2=0.850
SPDR S&P 500 ETF Trust Exchange-Traded Fund

Growth of $10,000 Summary

Fri 1993-01-29💬 to Wed 2026-07-22 Start
Value
End
Value
SPY
×
$10,000.00
1993-01-29
$132,013.58
2026-07-22

This Year’s Performance

through 2026-07-22

  YTD YoY
SPY
×
+6.69% +15.95%

Drawdowns

  Current
Drawdown
Worst
Drawdown
SPY
×
−1.23%
on 2026-07-22
from 2026-06-02 peak
−58.56%
on 2009-03-09
from 2000-03-24 peak

Rolling Returns

Period ending Wed 2026-07-22 1 yr 2 yr 3 yr 5 yr 10 yr
SPY
×
+15.95% +29.61%
+13.85%/yr
+56.62%
+16.13%/yr
+49.60%
+8.39%/yr
+190.56%
+11.26%/yr

Annual Returns

Year SPY
2026 (YTD) +6.69%
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 −23.40%
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%