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

Fri 2005-09-02 to Fri 2026-05-01	YTD Return	TRR Price
SPY ×	+3.71% 2026-05-01	12.83 TRR 2026-05-01
SPDR S&P 500 ETF Trust Exchange-Traded Fund
SMH ×	+38.55% 2026-05-01	11.56 TRR 2026-05-01
VanEck Semiconductor ETF NASDAQ Exchange-Traded Fund

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Returns

Fri 2005-09-02 to Fri 2026-05-01	Overall Return	Exponential Trendline
SPY ×	+413.14% +8.24%/yr	+9.05%/yr (R2=0.908)
SPDR S&P 500 ETF Trust Exchange-Traded Fund
SMH ×	+3,216.98% +18.47%/yr	+18.67%/yr (R2=0.937)
VanEck Semiconductor ETF NASDAQ Exchange-Traded Fund

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Growth of $10,000

Fri 2005-09-02 to Fri 2026-05-01	Start Value	End Value
SPY ×	$10,000.00 2005-09-02	$51,313.73 2026-05-01
SPDR S&P 500 ETF Trust Exchange-Traded Fund
SMH ×	$10,000.00 2005-09-02	$331,698.11 2026-05-01
VanEck Semiconductor ETF NASDAQ Exchange-Traded Fund

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Annual Returns

Year	SPY	SMH
2026 (YTD)	+3.71%	+38.55%
2025	+14.66%	+45.29%
2024	+21.39%	+35.21%
2023	+22.09%	+67.76%
2022	−23.14%	−37.57%
2021	+20.27%	+32.78%
2020	+16.74%	+53.45%
2019	+28.29%	+60.77%
2018	−6.36%	−10.76%
2017	+19.19%	+35.62%
2016	+9.73%	+32.79%
2015	+0.50%	−1.08%
2014	+12.61%	+29.24%
2013	+30.35%	+31.40%
2012	+14.02%	+10.01%
2011	−1.04%	+6.00%
2010	+13.36%	+19.34%
2009	+23.01%	+63.88%
2008	−36.85%	−43.81%
2007	+1.01%	+11.84%
2006	+13.00%	−8.91%
2005	+1.36%	+7.35%
2004	+7.20%	−21.87%
2003	+25.82%	+84.33%
2002	−23.41%	−48.24%
2001	−13.10%	−15.79%
2000	−12.70%	−47.86%
1999	+17.25%	—
1998	+26.65%	—
1997	+31.23%	—
1996	+18.63%	—
1995	+34.61%	—
1994	−2.21%	—
1993	+6.21%	—

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Drawdowns

Fri 2005-09-02 to Fri 2026-05-01	Current Drawdown	Worst Drawdown
SPY ×	0.00%	−55.98% 2009-03-09
SPDR S&P 500 ETF Trust Exchange-Traded Fund
SMH ×	0.00%	−59.41% 2008-11-20
VanEck Semiconductor ETF NASDAQ Exchange-Traded Fund