IVV vs SPY: iShares Core S&P 500 ETF vs SPDR S&P 500 ETF Trust Historical Returns & Investment Comparison

This IVV vs SPY comparison analyzes the historical stock performance of iShares Core S&P 500 ETF and SPDR S&P 500 ETF Trust side-by-side. Using real, adjusted market data, this tool shows how identical investments in both stocks would have performed over time—highlighting differences in returns, volatility, and consistency across market cycles.

Use the interactive calculator below to adjust the investment amount and time period, visualizing how iShares Core S&P 500 ETF and SPDR S&P 500 ETF Trust have historically performed against each other.

Compare Stock Performance

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Compare any two stocks to see which performed better historically

Performance Summary

$10,000 invested from 2000 to 2025 (26 years)

Head-to-Head Record

22
IVV Wins
0
Ties
4
SPY Wins

Over the 26-year comparison period, iShares Core S&P 500 ETF outperformed SPDR S&P 500 ETF Trust in 22 years, while SPDR S&P 500 ETF Trust outperformed iShares Core S&P 500 ETF in 4 years.

IVV - iShares Core S&P 500 ETF

Average Annual Return:+9.26%
Best Year:+31.19% (2019)
Worst Year:-36.21% (2008)
Win Rate:76.9% (20/26 years)
Total Value:$69,643.35
Total Gain:+$59,643.35 (+596.43%)

SPY - SPDR S&P 500 ETF Trust

Average Annual Return:+11.71%
Best Year:+37.39% (1995)
Worst Year:-36.24% (2008)
Win Rate:81.8% (27/33 years)
Total Value:$250,597.02
Total Gain:+$240,597.02 (+2405.97%)

Overall Winner: SPY with an average annual return of 11.71% (vs 9.26% for IVV)

Understanding IVV vs SPY Performance

When comparing iShares Core S&P 500 ETF and SPDR S&P 500 ETF Trust, investors should consider multiple factors beyond just total returns. Volatility, consistency of growth, dividend payments, and sector-specific risks all play crucial roles in determining which stock might be better suited for your investment strategy and risk tolerance.

Historical performance data shows how each stock responded to market downturns, economic expansions, and company-specific events. While past performance doesn't guarantee future results, understanding these patterns can help inform investment decisions and portfolio allocation strategies.

Cumulative Growth Comparison

A $10,000 investment in iShares Core S&P 500 ETF grew to $69,643, compared to $250,597 for SPDR S&P 500 ETF Trust over the same period.

Year-by-Year Comparison

YearIVV ReturnIVV CumulativeSPY ReturnSPY CumulativeDifferenceWinner
2000 (Start)-$10,000.00-$10,000.00-Initial Investment
2001-6.08%$9,392.16-8.85%$34,165.23+2.77% (IVV)IVV
2002-10.13%$8,440.96-10.13%$30,703.75+0.00% (IVV)IVV
2003-22.29%$6,559.51-22.42%$23,820.14+0.13% (IVV)IVV
2004+24.50%$8,166.40+24.18%$29,580.86+0.31% (IVV)IVV
2005+10.66%$9,036.74+10.75%$32,760.13-0.09% (SPY)SPY
2006+5.34%$9,519.39+5.32%$34,504.59+0.02% (IVV)IVV
2007+13.97%$10,848.99+13.84%$39,281.03+0.12% (IVV)IVV
2008+5.57%$11,453.37+5.33%$41,375.53+0.24% (IVV)IVV
2009-36.21%$7,305.59-36.24%$26,382.38+0.02% (IVV)IVV
2010+22.61%$8,957.06+22.65%$32,359.23-0.05% (SPY)SPY
2011+13.23%$10,142.25+13.14%$36,610.39+0.09% (IVV)IVV
2012+0.86%$10,229.87+0.85%$36,922.44+0.01% (IVV)IVV
2013+14.19%$11,681.47+14.17%$42,154.69+0.02% (IVV)IVV
2014+29.16%$15,087.47+29.00%$54,380.19+0.16% (IVV)IVV
2015+14.58%$17,287.28+14.56%$62,298.86+0.02% (IVV)IVV
2016+1.35%$17,521.11+1.29%$63,101.60+0.06% (IVV)IVV
2017+13.13%$19,820.78+13.59%$71,674.43-0.46% (SPY)SPY
2018+20.90%$23,963.23+20.78%$86,569.38+0.12% (IVV)IVV
2019-5.19%$22,718.34-5.25%$82,026.91+0.05% (IVV)IVV
2020+31.19%$29,805.19+31.09%$107,527.02+0.11% (IVV)IVV
2021+17.28%$34,955.51+17.24%$126,059.55+0.04% (IVV)IVV
2022+30.56%$45,636.61+30.51%$164,514.60+0.05% (IVV)IVV
2023-18.65%$37,126.57-18.65%$133,838.54-0.00% (SPY)SPY
2024+26.86%$47,098.98+26.71%$169,585.78+0.15% (IVV)IVV
2025+25.65%$59,182.03+25.59%$212,981.61+0.07% (IVV)IVV
2026+17.68%$69,643.35+17.66%$250,597.02+0.02% (IVV)IVV

Annual returns include dividends and stock splits. Cumulative values show growth of $10,000 invested from the first year. Positive difference means IVV outperformed SPY that year.

Company Profiles

1

iShares Core S&P 500 ETF

IVV

IVV seeks to track the investment results of an index composed of large-capitalization U.S. equities.

Business Segments

  • ETF
    US Large Cap Equities
2

SPDR S&P 500 ETF Trust

SPY

SPY is the first exchange-traded fund (ETF) listed in the US. It is designed to track the S&P 500 Index, which measures the performance of the large-cap segment of the US equity market.

Key Innovations

  • First US-listed ETF

Business Segments

  • ETF
    Passive investment vehicle tracking the S&P 500.

How This Comparison Works

Our stock comparison tool uses adjusted closing prices to calculate year-by-year returns for both stocks. This ensures an apples-to-apples comparison that accounts for:

  • Dividends: All dividend payments are reinvested
  • Stock splits: Historical prices are adjusted for all splits
  • Head-to-head record: Shows which stock outperformed each year
  • Statistical analysis: Average returns, best/worst years, and win rates

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Important Disclaimer

This comparison tool is for educational and informational purposes only and does not constitute financial, investment, or trading advice. Past performance is not indicative of future results. Historical returns include dividends and stock splits but do not account for taxes, fees, inflation, or individual circumstances. Stock market investments carry risk, including the potential loss of principal. Always consult with a qualified financial advisor before making investment decisions. The data presented is based on historical market data and may contain inaccuracies or delays.