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

Thu 1996-05-09? to Fri 2025-09-19	YTD Return	TRR Price
SPY ×	+10.81% 2025-09-19	11.96 TRR 2025-09-19
SPDR S&P 500 ETF Trust Exchange-Traded Fund
BRK-B ×	+5.76% 2025-09-19	10.24 TRR 2025-09-19
Berkshire Hathaway Inc NYSE Common Stock

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Returns

Thu 1996-05-09? to Fri 2025-09-19	Overall Return	Exponential Trendline
SPY ×	+723.45% +7.44%/yr	+5.70%/yr (R2=0.781)
SPDR S&P 500 ETF Trust Exchange-Traded Fund
BRK-B ×	+924.00% +8.24%/yr	+7.09%/yr (R2=0.922)
Berkshire Hathaway Inc NYSE Common Stock

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Growth of $10,000

Thu 1996-05-09? to Fri 2025-09-19	Start Value	End Value
SPY ×	$10,000.00 1996-05-09	$82,344.91 2025-09-19
SPDR S&P 500 ETF Trust Exchange-Traded Fund
BRK-B ×	$10,000.00 1996-05-09	$102,399.75 2025-09-19
Berkshire Hathaway Inc NYSE Common Stock

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Annual Returns

Year	SPY	BRK-B
2025 (YTD)	+10.81%	+5.76%
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	+28.29%	+8.45%
2018	−6.35%	+1.08%
2017	+19.18%	+19.10%
2016	+9.73%	+20.93%
2015	+0.50%	−12.70%
2014	+12.61%	+25.69%
2013	+30.35%	+30.22%
2012	+14.01%	+15.56%
2011	−1.04%	−7.50%
2010	+13.36%	+20.10%
2009	+23.01%	−0.47%
2008	−36.86%	−32.20%
2007	+1.01%	+24.11%
2006	+13.00%	+21.82%
2005	+1.35%	−3.34%
2004	+7.21%	+1.01%
2003	+25.82%	+14.04%
2002	−23.40%	−6.27%
2001	−13.10%	+5.63%
2000	−12.70%	+24.42%
1999	+17.24%	−24.16%
1998	+26.65%	+50.26%
1997	+31.23%	+36.09%
1996	+18.57%	−5.46%
1995	+34.63%	—
1994	−2.22%	—
1993	+6.29%	—

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Drawdowns

Thu 1996-05-09? to Fri 2025-09-19	Current Drawdown	Worst Drawdown
SPY ×	0.00%	−58.56% 2009-03-09
SPDR S&P 500 ETF Trust Exchange-Traded Fund
BRK-B ×	−9.72%	−54.33% 2009-03-05
Berkshire Hathaway Inc NYSE Common Stock