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

Total Real Returns

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

Wed 2007-05-30? to Fri 2025-12-12 YTD
Return
TRR
Price
SPY
×
+13.35%
2025-12-12
12.24 TRR
2025-12-12
SPDR S&P 500 ETF Trust Exchange-Traded Fund
BIL
×
+0.45%
2025-12-12
0.8111 TRR
2025-12-12
SPDR Bloomberg 1-3 Month T-Bill ETF Exchange-Traded Fund
IEF
×
+4.06%
2025-12-12
1.24 TRR
2025-12-12
iShares 7-10 Year Treasury Bond ETF NASDAQ Exchange-Traded Fund

Returns

Wed 2007-05-30? to Fri 2025-12-12 Overall
Return
Exponential
Trendline
SPY
×
+299.25%
+7.75%/yr
+10.06%/yr
(R2=0.937)
SPDR S&P 500 ETF Trust Exchange-Traded Fund
BIL
×
−18.89%
−1.12%/yr
−1.50%/yr
(R2=0.928)
SPDR Bloomberg 1-3 Month T-Bill ETF Exchange-Traded Fund
IEF
×
+18.43%
+0.92%/yr
+0.38%/yr
(R2=0.029)
iShares 7-10 Year Treasury Bond ETF NASDAQ Exchange-Traded Fund

Growth of $10,000

Wed 2007-05-30? to Fri 2025-12-12 Start
Value
End
Value
SPY
×
$10,000.00
2007-05-30
$39,925.04
2025-12-12
SPDR S&P 500 ETF Trust Exchange-Traded Fund
BIL
×
$10,000.00
2007-05-30
$8,111.22
2025-12-12
SPDR Bloomberg 1-3 Month T-Bill ETF Exchange-Traded Fund
IEF
×
$10,000.00
2007-05-30
$11,843.14
2025-12-12
iShares 7-10 Year Treasury Bond ETF NASDAQ Exchange-Traded Fund

Annual Returns

Year SPY BIL IEF
2025 (YTD) +13.35% +0.45% +4.06%
2024 +21.39% +2.24% −3.42%
2023 +22.09% +1.55% +0.28%
2022 −23.15% −4.76% −20.31%
2021 +20.27% −6.66% −9.68%
2020 +16.74% −0.95% +8.53%
2019 +28.29% −0.25% +5.61%
2018 −6.35% −0.16% −0.90%
2017 +19.18% −1.40% +0.43%
2016 +9.73% −1.92% −1.05%
2015 +0.50% −0.86% +0.77%
2014 +12.61% −0.81% +8.26%
2013 +30.35% −1.57% −7.48%
2012 +14.01% −1.74% +1.90%
2011 −1.04% −2.92% +12.32%
2010 +13.37% −1.52% +7.75%
2009 +23.00% −2.38% −9.07%
2008 −36.85% +1.83% +17.81%
2007 +1.01% +1.47% +6.04%
2006 +13.00% +0.00%
2005 +1.35% −0.76%
2004 +7.21% +0.84%
2003 +25.82% +1.21%
2002 −23.41% +5.76%
2001 −13.10%
2000 −12.70%
1999 +17.25%
1998 +26.65%
1997 +31.24%
1996 +18.56%
1995 +34.64%
1994 −2.21%
1993 +6.28%

Drawdowns

Wed 2007-05-30? to Fri 2025-12-12 Current
Drawdown
Worst
Drawdown
SPY
×
−1.17% −55.97%
2009-03-09
SPDR S&P 500 ETF Trust Exchange-Traded Fund
BIL
×
−21.65% −25.70%
2022-07-08
SPDR Bloomberg 1-3 Month T-Bill ETF Exchange-Traded Fund
IEF
×
−29.41% −35.92%
2023-10-19
iShares 7-10 Year Treasury Bond ETF NASDAQ Exchange-Traded Fund