SPY vs UAA: SPDR S&P 500 ETF Trust vs Under Armour, Inc. Historical Returns & Investment Comparison

This SPY vs UAA comparison analyzes the historical stock performance of SPDR S&P 500 ETF Trust and Under Armour, Inc. 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 SPDR S&P 500 ETF Trust and Under Armour, Inc. have historically performed against each other.

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Performance Summary

$10,000 invested from 1993 to 2025 (33 years)

Head-to-Head Record

12
SPY Wins
0
Ties
9
UAA Wins

Over the 21-year comparison period, SPDR S&P 500 ETF Trust outperformed Under Armour, Inc. in 12 years, while Under Armour, Inc. outperformed SPDR S&P 500 ETF Trust in 9 years.

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%)

UAA - Under Armour, Inc.

Average Annual Return:+10.50%
Best Year:+95.30% (2010)
Worst Year:-52.17% (2022)
Win Rate:57.1% (12/21 years)
Total Value:$15,552.88
Total Gain:+$5,552.88 (+55.53%)

Overall Winner: SPY with an average annual return of 11.71% (vs 10.50% for UAA)

Understanding SPY vs UAA Performance

When comparing SPDR S&P 500 ETF Trust and Under Armour, Inc., 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 SPDR S&P 500 ETF Trust grew to $250,597, compared to $15,553 for Under Armour, Inc. over the same period.

Year-by-Year Comparison

YearSPY ReturnSPY CumulativeUAA ReturnUAA CumulativeDifferenceWinner
1993 (Start)-$10,000.00-$10,000.00-Initial Investment
1994+8.71%$10,870.91---Tie
1995+0.67%$10,943.47---Tie
1996+37.39%$15,035.16---Tie
1997+21.20%$18,223.19---Tie
1998+33.14%$24,261.81---Tie
1999+28.03%$31,063.11---Tie
2000+20.66%$37,482.18---Tie
2001-8.85%$34,165.23---Tie
2002-10.13%$30,703.75---Tie
2003-22.42%$23,820.14---Tie
2004+24.18%$29,580.86---Tie
2005+10.75%$32,760.13---Tie
2006+5.32%$34,504.59+51.42%$15,142.29-46.10% (UAA)UAA
2007+13.84%$39,281.03+51.23%$22,899.54-37.39% (UAA)UAA
2008+5.33%$41,375.53-11.87%$20,182.10+17.20% (SPY)SPY
2009-36.24%$26,382.38-47.88%$10,519.05+11.64% (SPY)SPY
2010+22.65%$32,359.23+8.69%$11,433.02+13.97% (SPY)SPY
2011+13.14%$36,610.39+95.30%$22,328.59-82.16% (UAA)UAA
2012+0.85%$36,922.44+29.19%$28,845.95-28.34% (UAA)UAA
2013+14.17%$42,154.69+34.47%$38,788.96-20.30% (UAA)UAA
2014+29.00%$54,380.19+80.63%$70,065.73-51.63% (UAA)UAA
2015+14.56%$62,298.86+56.13%$109,392.11-41.57% (UAA)UAA
2016+1.29%$63,101.60+20.51%$131,829.84-19.22% (UAA)UAA
2017+13.59%$71,674.43-27.07%$96,150.05+40.65% (SPY)SPY
2018+20.78%$86,569.38-51.69%$46,449.45+72.47% (SPY)SPY
2019-5.25%$82,026.91+17.56%$54,608.24-22.81% (UAA)UAA
2020+31.09%$107,527.02+21.28%$66,228.98+9.81% (SPY)SPY
2021+17.24%$126,059.55-21.17%$52,210.81+38.40% (SPY)SPY
2022+30.51%$164,514.60+22.13%$63,766.41+8.37% (SPY)SPY
2023-18.65%$133,838.54-52.17%$30,502.20+33.52% (SPY)SPY
2024+26.71%$169,585.78-12.88%$26,572.28+39.59% (SPY)SPY
2025+25.59%$212,981.61-4.61%$25,347.75+30.20% (SPY)SPY
2026+17.66%$250,597.02-38.64%$15,552.88+56.30% (SPY)SPY

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

Company Profiles

1

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.
2

Under Armour, Inc.

UAA

Under Armour is a leading inventor, marketer, and distributor of branded athletic performance apparel, footwear, and accessories. It is known for its moisture-wicking fabrics and high-performance sports gear.

Key Innovations

  • Moisture-wicking fabric
  • ColdGear and HeatGear
  • UA HOVR cushioning

Business Segments

  • Apparel
    Moisture-wicking sports clothing.
  • Footwear
    Running, basketball, and training shoes.
  • Accessories
    Gloves, bags, and headwear.

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.