Historical scenario / SPY / 1994

If you had bought SPY in 1994 with $10,000...

SPYS&P 500 ETF (SPY)
Vintage 1994
Initial: $10,000

Estimated value

$311,597

Initial $10,000Profit $301,597

Buy Price

Jan 1, 1994

$25

Sell Price

Oct 12, 2026

$778

Multiplier

31.2×

ROI

+3016%

1994 Price Range
Open (Jan 1)Jan 1, 1994$26.28
1994 Highest$27.45
1994 Lowest$24.98
CurrentOct 12, 2026$778.24

Adjust assumptions

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Choose which price you bought at. You always sell at today's price.

$778

Current market price

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Calculation record

How this result was calculated

The selected investment amount is divided by the chosen 1994 entry price, then multiplied by the latest available price. Taxes, trading fees, spreads, dividends and inflation are not included.

Full methodology →
Year open
$26.282
Year low / high
$24.976 / $27.454
Latest price
$778.24
Price as of
2026-10-12

Source: GhostGains market-data API using publicly available market observations. Prices can be delayed and should be independently verified.

Same period benchmark

Compared with the S&P 500

Both returns use the first available price in 1994 and the latest available price. This is a price-return comparison and may exclude dividends.

SPY

29.61×

2861.1%

S&P 500

16.78×

1577.8% · as of 2026-10-12

Scenario context

In 1994, S&P 500 ETF (SPY) traded between $24.976 and $27.454, a range equal to 9.4% of its opening price. An investment made at the year's low produces the headline result above; using the year's opening price produces a 29.61× price multiple instead. Over the same measurement window, the S&P 500 price multiple was 16.78×.

Asset Insight

About SPY

The SPDR S&P 500 ETF Trust (SPY) is the world's largest and oldest exchange-traded fund. It is designed to track the S&P 500 stock market index, allowing investors to buy the entire market in a single trade.

Market History

Launched in 1993, SPY was the first ETF listed in the United States. It revolutionized investing by providing retail investors with low-cost access to a diversified portfolio of U.S. large-cap stocks.

Fun Fact

S&P 500 ETF (SPY) is the benchmark. Did you beat it, or did you miss out on the easiest gains in history?
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