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

Fri 2000-05-05? to Fri 2025-09-05	YTD Return	TRR Price
SPY ×	+8.25% 2025-09-05	11.69 TRR 2025-09-05
SPDR S&P 500 ETF Trust Exchange-Traded Fund
SMH ×	+18.01% 2025-09-05	6.216 TRR 2025-09-05
VanEck Semiconductor ETF NASDAQ Exchange-Traded Fund

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Returns

Fri 2000-05-05? to Fri 2025-09-05	Overall Return	Exponential Trendline
SPY ×	+275.56% +5.36%/yr	+6.80%/yr (R2=0.825)
SPDR S&P 500 ETF Trust Exchange-Traded Fund
SMH ×	+521.62% +7.48%/yr	+11.73%/yr (R2=0.727)
VanEck Semiconductor ETF NASDAQ Exchange-Traded Fund

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Growth of $10,000

Fri 2000-05-05? to Fri 2025-09-05	Start Value	End Value
SPY ×	$10,000.00 2000-05-05	$37,555.99 2025-09-05
SPDR S&P 500 ETF Trust Exchange-Traded Fund
SMH ×	$10,000.00 2000-05-05	$62,161.93 2025-09-05
VanEck Semiconductor ETF NASDAQ Exchange-Traded Fund

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Annual Returns

Year	SPY	SMH
2025 (YTD)	+8.25%	+18.01%
2024	+21.39%	+35.20%
2023	+22.09%	+67.76%
2022	−23.14%	−37.57%
2021	+20.26%	+32.78%
2020	+16.74%	+53.45%
2019	+28.29%	+60.77%
2018	−6.36%	−10.74%
2017	+19.19%	+35.60%
2016	+9.72%	+32.78%
2015	+0.50%	−1.04%
2014	+12.62%	+29.23%
2013	+30.35%	+31.34%
2012	+14.02%	+10.03%
2011	−1.04%	+5.99%
2010	+13.36%	+19.35%
2009	+23.01%	+63.91%
2008	−36.85%	−43.83%
2007	+1.01%	+2.58%
2006	+13.01%	−8.87%
2005	+1.35%	+7.32%
2004	+7.20%	−21.86%
2003	+25.82%	+84.33%
2002	−23.41%	−48.24%
2001	−13.11%	−15.81%
2000	−12.70%	−47.86%
1999	+17.24%	—
1998	+26.66%	—
1997	+31.24%	—
1996	+18.55%	—
1995	+34.64%	—
1994	−2.21%	—
1993	+6.28%	—

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Drawdowns

Fri 2000-05-05? to Fri 2025-09-05	Current Drawdown	Worst Drawdown
SPY ×	−0.32%	−57.89% 2009-03-09
SPDR S&P 500 ETF Trust Exchange-Traded Fund
SMH ×	−3.02%	−86.55% 2008-11-20
VanEck Semiconductor ETF NASDAQ Exchange-Traded Fund