GLD (SPDR Gold) vs SPY (SPDR S&P 500): which one returned more?

In short — over ~10 years, $1,000 invested in GLD would be worth $3,721 vs $3,668 for SPY → GLD (SPDR Gold) wins. Average annual return: GLD (SPDR Gold) +14%/yr, SPY (SPDR S&P 500) +14%/yr. Price performance, excluding dividends.

$1,000 invested in GLD (SPDR Gold) or SPY (SPDR S&P 500)

Investment ↕	GLD (SPDR Gold) i ↕	SPY (SPDR S&P 500) i ↕	Winner ↕
5 years ago	$2,116	$2,000	🟢 GLD (SPDR Gold)
10 years ago	$3,721	$3,668	🟢 GLD (SPDR Gold)

Return by year: GLD (SPDR Gold) vs SPY (SPDR S&P 500)

Year ▼	GLD (SPDR Gold) i ↕	SPY (SPDR S&P 500) i ↕	Winner ↕
2026	-5%	+10%	🔵 SPY (SPDR S&P 500)
2025	+64%	+16%	🟢 GLD (SPDR Gold)
2024	+27%	+23%	🟢 GLD (SPDR Gold)
2023	+13%	+24%	🔵 SPY (SPDR S&P 500)
2022	-1%	-19%	🟢 GLD (SPDR Gold)
2021	-4%	+27%	🔵 SPY (SPDR S&P 500)
2020	+25%	+16%	🟢 GLD (SPDR Gold)
2019	+18%	+29%	🔵 SPY (SPDR S&P 500)
2018	-2%	-6%	🟢 GLD (SPDR Gold)
2017	+13%	+19%	🔵 SPY (SPDR S&P 500)
2016	+8%	+10%	🔵 SPY (SPDR S&P 500)

⚠️ Past performance, not predictive nor advice. Prices in $, excluding dividends. Yahoo Finance data.

Frequently asked questions

GLD (SPDR Gold) or SPY (SPDR S&P 500): which returned more over 10 years?

Over ~10 years, $1,000 invested in GLD is worth $3,721 vs $3,668 for SPY. GLD (SPDR Gold) wins over this period (price performance, excluding dividends). Past performance does not predict the future.

Is this comparison investment advice?

No. It is a factual comparison of past performance (real Yahoo Finance prices), for educational purposes. Diversify and adapt to your horizon and risk tolerance.

What is JPI Invest?

JPI Invest ranks financial analysts on their real results (targets replayed against real prices, backtested over 11 years) and derives stock selections. Beyond asset comparisons, explore the interactive table, the method and the best stocks to buy.