IWM (iShares Russell 2000) vs SPY (SPDR S&P 500): which one returned more?

In short — over ~10 years, $1,000 invested in IWM would be worth $2,630 vs $3,668 for SPY → SPY (SPDR S&P 500) wins. Average annual return: IWM (iShares Russell 2000) +10%/yr, SPY (SPDR S&P 500) +14%/yr. Price performance, excluding dividends.

$1,000 invested in IWM (iShares Russell 2000) or SPY (SPDR S&P 500)

Investment ↕	IWM (iShares Russell 2000) i ↕	SPY (SPDR S&P 500) i ↕	Winner ↕
5 years ago	$1,511	$2,000	🔵 SPY (SPDR S&P 500)
10 years ago	$2,630	$3,668	🔵 SPY (SPDR S&P 500)

Return by year: IWM (iShares Russell 2000) vs SPY (SPDR S&P 500)

Year ▼	IWM (iShares Russell 2000) i ↕	SPY (SPDR S&P 500) i ↕	Winner ↕
2026	+20%	+10%	🟢 IWM (iShares Russell 2000)
2025	+11%	+16%	🔵 SPY (SPDR S&P 500)
2024	+10%	+23%	🔵 SPY (SPDR S&P 500)
2023	+15%	+24%	🔵 SPY (SPDR S&P 500)
2022	-22%	-19%	🔵 SPY (SPDR S&P 500)
2021	+13%	+27%	🔵 SPY (SPDR S&P 500)
2020	+18%	+16%	🟢 IWM (iShares Russell 2000)
2019	+24%	+29%	🔵 SPY (SPDR S&P 500)
2018	-12%	-6%	🔵 SPY (SPDR S&P 500)
2017	+13%	+19%	🔵 SPY (SPDR S&P 500)
2016	+20%	+10%	🟢 IWM (iShares Russell 2000)

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

Frequently asked questions

IWM (iShares Russell 2000) or SPY (SPDR S&P 500): which returned more over 10 years?

Over ~10 years, $1,000 invested in IWM is worth $2,630 vs $3,668 for SPY. SPY (SPDR S&P 500) 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.