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

Total Real Returns

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

Fri 2002-07-26? to Fri 2026-05-08 YTD
Return
TRR
Price
SPY
×
+6.09%
2026-05-08
13.13 TRR
2026-05-08
SPDR S&P 500 ETF Trust Exchange-Traded Fund
TLT
×
−1.96%
2026-05-08
1.283 TRR
2026-05-08
iShares 20+ Year Treasury Bond ETF NASDAQ Exchange-Traded Fund

Returns

Fri 2002-07-26? to Fri 2026-05-08 Overall
Return
Exponential
Trendline
SPY
×
+623.85%
+8.68%/yr
+8.08%/yr
(R2=0.901)
SPDR S&P 500 ETF Trust Exchange-Traded Fund
TLT
×
+28.32%
+1.05%/yr
+2.12%/yr
(R2=0.331)
iShares 20+ Year Treasury Bond ETF NASDAQ Exchange-Traded Fund

Growth of $10,000

Fri 2002-07-26? to Fri 2026-05-08 Start
Value
End
Value
SPY
×
$10,000.00
2002-07-26
$72,385.33
2026-05-08
SPDR S&P 500 ETF Trust Exchange-Traded Fund
TLT
×
$10,000.00
2002-07-26
$12,832.46
2026-05-08
iShares 20+ Year Treasury Bond ETF NASDAQ Exchange-Traded Fund

Annual Returns

Year SPY TLT
2026 (YTD) +6.09% −1.96%
2025 +14.65% +1.54%
2024 +21.39% −10.63%
2023 +22.09% −0.56%
2022 −23.15% −35.41%
2021 +20.27% −10.87%
2020 +16.74% +16.56%
2019 +28.29% +11.57%
2018 −6.35% −3.45%
2017 +19.19% +6.92%
2016 +9.73% −0.88%
2015 +0.50% −2.50%
2014 +12.61% +26.35%
2013 +30.35% −14.66%
2012 +14.01% +0.89%
2011 −1.04% +30.14%
2010 +13.36% +7.40%
2009 +23.01% −23.88%
2008 −36.85% +33.83%
2007 +1.01% +5.97%
2006 +13.00% −1.76%
2005 +1.35% +5.00%
2004 +7.21% +5.28%
2003 +25.82% −0.26%
2002 −23.41% +9.24%
2001 −13.10%
2000 −12.70%
1999 +17.24%
1998 +26.65%
1997 +31.24%
1996 +18.63%
1995 +34.61%
1994 −2.22%
1993 +6.22%

Drawdowns

Fri 2002-07-26? to Fri 2026-05-08 Current
Drawdown
Worst
Drawdown
SPY
×
0.00% −55.97%
2009-03-09
SPDR S&P 500 ETF Trust Exchange-Traded Fund
TLT
×
−53.27% −56.60%
2023-10-19
iShares 20+ Year Treasury Bond ETF NASDAQ Exchange-Traded Fund