SPDR Portfolio S&P 500 ETF (SPYM) Performance
SPYM total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +12.4% since Dec 31, 2025
- 1 year
- +14.4% total return
- 5 years
- +12.5% a year
- 10 years
- +15.4% a year
- Since first price
- +11.2% a year since 2005
SPYM trailing returns vs SPY, QQQ, AGG
| Period | SPYM total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.0% | −1.0% | −1.0% | −5.0% | +0.9% |
| 3 months | +3.2% | +2.9% | +3.2% | +1.9% | −0.4% |
| 6 months | +7.9% | +7.3% | +7.8% | +8.4% | −1.5% |
| YTD | +12.4% | +11.5% | +12.3% | +15.1% | −1.0% |
| 1 year | +14.4% | +13.2% | +14.4% | +15.9% | −1.1% |
| 3 years | +87.8%+23.4%/yr | +80.9% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +79.9%+12.5%/yr | +67.8% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +320.5%+15.4%/yr | +257.3% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +700.5%+14.9%/yr | +516.2% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +720.9%+11.1%/yr | +473.9% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionNov 15, 2005 | +818.2%+11.2%/yr | +529.3% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: SPYM vs SPY
From Nov 15, 2005: SPYM grew to $91,823, SPY to $90,507.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SPYM returns by calendar year
17 of 20 full years positive. Best 2013 (+33.2%), worst 2008 (−36.9%). 2026 is year to date.
SPYM annual returns table
| Year | SPYM | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +12.4% | −8.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +17.8% | −18.7% | +17.7% | +20.8% | +7.2% |
| 2024 | +25.0% | −8.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +26.2% | −9.9% | +26.2% | +54.9% | +5.7% |
| 2022 | −18.1% | −24.5% | −18.2% | −32.6% | −13.0% |
| 2021 | +28.8% | −5.1% | +28.7% | +27.4% | −1.8% |
| 2020 | +18.5% | −33.9% | +18.3% | +48.6% | +7.5% |
| 2019 | +32.0% | −6.7% | +31.2% | +39.0% | +8.5% |
| 2018 | −4.8% | −19.8% | −4.6% | −0.1% | +0.1% |
| 2017 | +21.3% | −2.6% | +21.7% | +32.7% | +3.6% |
| 2016 | +11.8% | −9.5% | +12.0% | +7.1% | +2.4% |
| 2015 | +1.1% | −11.4% | +1.2% | +9.4% | +0.5% |
| 2014 | +13.7% | −7.7% | +13.5% | +19.2% | +6.0% |
| 2013 | +33.2% | −6.1% | +32.3% | +36.6% | −2.0% |
| 2012 | +15.2% | −9.9% | +16.0% | +18.1% | +3.8% |
| 2011 | +1.7% | −20.3% | +1.9% | +3.4% | +7.7% |
| 2010 | +15.9% | −15.3% | +15.1% | +19.9% | +6.4% |
| 2009 | +27.2% | −26.5% | +26.4% | +54.7% | +3.0% |
| 2008 | −36.9% | −45.5% | −36.8% | −41.7% | +7.9% |
| 2007 | +5.7% | −9.3% | +5.1% | +19.0% | +6.6% |
| 2006 | +14.5% | −7.7% | +15.8% | +7.1% | +3.9% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
SPYM largest drawdowns
Now 2.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Oct 10, 2007 | −54.5% | Mar 9, 2009 | Mar 19, 2012 | 1.4 years | 4.4 years |
| Feb 19, 2020 | −33.9% | Mar 23, 2020 | Aug 10, 2020 | 33 days | 6 months |
| Jan 3, 2022 | −24.5% | Oct 12, 2022 | Dec 13, 2023 | 9 months | 1.9 years |
| Sep 20, 2018 | −19.8% | Dec 24, 2018 | Apr 5, 2019 | 3 months | 6 months |
| Feb 19, 2025 | −18.7% | Apr 8, 2025 | Jun 26, 2025 | 48 days | 4 months |
| Jul 20, 2015 | −14.3% | Feb 8, 2016 | Jun 6, 2016 | 7 months | 11 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SPYM risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2005 |
|---|---|---|---|---|
| Annualized return | +22.9% | +13.8% | +15.3% | +11.1% |
| Volatility (annualized) | 12.4% | 15.7% | 15.4% | 14.9% |
| Sharpe ratio | 1.38 | 0.68 | 0.86 | — |
| Sortino ratio | 2.88 | 1.09 | 1.35 | — |
| Best month | +10.5% | +10.5% | +12.8% | +12.8% |
| Worst month | −5.6% | −9.3% | −12.5% | −14.8% |
| Best 12 months | +37.9% | +37.9% | +56.6% | +56.6% |
| Worst 12 months | +8.3% | −18.1% | −18.1% | −42.6% |
| Positive months | 69% | 63% | 71% | 67% |
| Beta vs S&P 500 | 1.00 | 1.00 | 1.00 | — |
| Correlation with S&P 500 | 1.00 | 1.00 | 1.00 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
SPYM rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 240 | −42.6% | +15.1% | +56.6% | 83% |
| 3-year (a year) | 216 | −15.0% | +12.3% | +26.3% | 88% |
| 5-year (a year) | 192 | −0.6% | +13.2% | +23.1% | 98% |
| 10-year (a year) | 132 | +6.3% | +12.9% | +16.5% | 100% |
Every holding period starting at a month-end since 2005. Returns for 3 years and longer are annualized.
SPYM performance overview
SPDR Portfolio S&P 500 ETF (SPYM) returned +14.4% over the past year and +15.4% a year over ten years, with distributions reinvested. Since its first recorded price in 2005 it has returned +11.2% a year, turning $10,000 into about $91,823. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −54.5%, from Oct 10, 2007 to Mar 9, 2009, and it took 3.0 years to get back to the old high. SPYM finished 17 of its 20 full calendar years with a gain; the best year was 2013 (+33.2%) and the worst 2008 (−36.9%). Volatility has been 14.9% a year.
Related: SPYM chart, SPYM holdings, SPYM dividends, SPYM valuation. See the SPYM overview for the latest quote and fund facts.
SPYM performance FAQ
What is the SPYM return over the past year?
SPYM returned +14.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 13.2%.
What is the average annual return of SPYM?
SPYM has returned +12.5% a year over 5 years, +15.4% a year over 10 years, +11.2% a year since November 15, 2005 (total return, distributions reinvested).
How much would $10,000 invested in SPYM be worth?
$10,000 invested in SPYM at its first recorded close on November 15, 2005 would be worth about $91,823 on October 23, 2026 with distributions reinvested.
What was the worst year for SPYM?
The worst calendar year was 2008, with a total return of −36.9%. The best was 2013 at +33.2%.
What is the biggest drawdown of SPYM?
The largest peak-to-trough decline was −54.5% between October 10, 2007 and March 9, 2009. It recovered to the old high on March 19, 2012, 3.0 years after the bottom.
How volatile is SPYM?
Over the past 3 years SPYM had an annualized volatility of 12.4% and a Sharpe ratio of 1.38 (excess return over 1–3 month T-bills per unit of risk).