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

Thu 1996-05-09? to Fri 2025-04-25	YTD Return	TRR Price
SPY ×	−7.15% 2025-04-25	10.02 TRR 2025-04-25
SPDR S&P 500 ETF Trust Exchange-Traded Fund
BRK-B ×	+15.42% 2025-04-25	11.17 TRR 2025-04-25
Berkshire Hathaway Inc NYSE Common Stock

---

Returns

Thu 1996-05-09? to Fri 2025-04-25	Overall Return	Exponential Trendline
SPY ×	+590.03% +6.90%/yr	+5.60%/yr (R2=0.772)
SPDR S&P 500 ETF Trust Exchange-Traded Fund
BRK-B ×	+1,017.34% +8.69%/yr	+7.01%/yr (R2=0.919)
Berkshire Hathaway Inc NYSE Common Stock

---

Growth of $10,000

Thu 1996-05-09? to Fri 2025-04-25	Start Value	End Value
SPY ×	$10,000.00 1996-05-09	$69,002.51 2025-04-25
SPDR S&P 500 ETF Trust Exchange-Traded Fund
BRK-B ×	$10,000.00 1996-05-09	$111,734.01 2025-04-25
Berkshire Hathaway Inc NYSE Common Stock

---

Annual Returns

Year	SPY	BRK-B
2025 (YTD)	−7.15%	+15.42%
2024	+21.39%	+23.53%
2023	+22.09%	+11.72%
2022	−23.15%	−2.96%
2021	+20.27%	+20.47%
2020	+16.74%	+1.00%
2019	+28.30%	+8.45%
2018	−6.36%	+1.08%
2017	+19.19%	+19.10%
2016	+9.73%	+20.93%
2015	+0.50%	−12.70%
2014	+12.61%	+25.70%
2013	+30.35%	+30.21%
2012	+14.02%	+15.56%
2011	−1.04%	−7.50%
2010	+13.36%	+20.10%
2009	+23.01%	−0.47%
2008	−36.85%	−32.20%
2007	+1.01%	+24.11%
2006	+13.00%	+21.81%
2005	+1.36%	−3.33%
2004	+7.21%	+1.01%
2003	+25.81%	+14.03%
2002	−23.41%	−6.26%
2001	−13.10%	+5.62%
2000	−12.70%	+24.42%
1999	+17.25%	−24.16%
1998	+26.65%	+50.28%
1997	+31.23%	+36.06%
1996	+18.56%	−5.47%
1995	+34.64%	—
1994	−2.23%	—
1993	+6.30%	—

---

Drawdowns

Thu 1996-05-09? to Fri 2025-04-25	Current Drawdown	Worst Drawdown
SPY ×	−10.37%	−58.55% 2009-03-09
SPDR S&P 500 ETF Trust Exchange-Traded Fund
BRK-B ×	−1.40%	−54.33% 2009-03-05
Berkshire Hathaway Inc NYSE Common Stock