GLD vs SPY Annualized Returns

来源: 于 2025-10-16 21:41:02 [博客] [旧帖] [给我悄悄话] 本文已被阅读：次

Period

 GLD Return SPY Return Notes
1 year 52.0%  14.7%  GLD strongly outperformed due to the 2025 gold rally
5 years 14.9%  16.3%  SPY’s equity strength led slightly higher compounded gains
10 years 11.5%  13.8%  SPY delivered higher long-term returns over the decade

Summary

  • Over the past 1 year, gold prices surged sharply amid inflation and geopolitical uncertainty, leading GLD to outperform SPY by more than 35 percentage points.?

  • Over a 5-year period, SPY slightly edged GLD, reflecting prolonged equity market resilience.?

  • Over 10 years, SPY outperformed GLD on a compound annual basis (13.8% vs 11.5%), consistent with historical equity outperformance.?

Overall, while GLD dominated short-term performance in 2025 due to gold’s strong rally, SPY remains the stronger long-term performer when measured over multi-year horizons.