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

Total Real Returns

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

Growth of $10,000

Tue 1994-10-18💬 to Tue 2026-07-28 Overall
Return 		Exponential
Trendline
SPY × 		+1,132.45%
+8.22%/yr 		+6.10%/yr
R2=0.824
SPDR S&P 500 ETF Trust Exchange-Traded Fund
O × 		+2,513.61%
+10.82%/yr 		+10.95%/yr
R2=0.948
Realty Income Corporation NYSE Common Stock

Growth of $10,000 Summary

Tue 1994-10-18💬 to Tue 2026-07-28 Start
Value 		End
Value
SPY × 		$10,000.00
1994-10-18 		$123,245.03
2026-07-28
O × 		$10,000.00
1994-10-18 		$261,361.08
2026-07-28

This Year’s Performance

through 2026-07-28

  YTD YoY
SPY × 		+5.70% +13.44%
O × 		+15.81% +17.70%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
SPY × 		−2.16%
on 2026-07-28
from 2026-06-02 peak 		−58.56%
on 2009-03-09
from 2000-03-24 peak
O × 		−12.23%
on 2026-07-28
from 2020-02-21 peak 		−48.25%
on 2020-03-18
from 2020-02-21 peak

Rolling Returns

Period ending Tue 2026-07-28 1 yr 2 yr 3 yr 5 yr 10 yr
SPY × 		+13.44% +30.83%
+14.38%/yr 		+53.62%
+15.38%/yr 		+47.20%
+8.04%/yr 		+188.38%
+11.17%/yr
O × 		+17.70% +18.58%
+8.89%/yr 		+15.33%
+4.87%/yr 		+1.60%
+0.32%/yr 		+10.64%
+1.02%/yr

Annual Returns

Year SPY O
2026 (YTD) +5.70% +15.81%
2025 +14.65% +9.29%
2024 +21.39% −4.85%
2023 +22.09% −7.64%
2022 −23.15% −13.00%
2021 +20.27% +15.93%
2020 +16.74% −12.66%
2019 +28.29% +18.56%
2018 −6.35% +13.78%
2017 +19.19% +1.53%
2016 +9.73% +13.44%
2015 +0.50% +12.55%
2014 +12.61% +33.34%
2013 +30.35% −3.74%
2012 +14.01% +18.27%
2011 −1.04% +4.43%
2010 +13.36% +37.27%
2009 +23.01% +17.62%
2008 −36.85% −8.30%
2007 +1.01% −0.79%
2006 +13.00% +32.71%
2005 +1.35% −12.41%
2004 +7.21% +29.65%
2003 +25.82% +19.37%
2002 −23.40% +24.52%
2001 −13.10% +26.18%
2000 −12.70% +28.37%
1999 +17.24% −11.50%
1998 +26.65% +3.92%
1997 +31.24% +12.85%
1996 +18.63% +11.02%
1995 +34.61% +42.63%
1994 −2.22% +9.85%
1993 +6.22% —