VBTLX vs SPY: which was the better investment?
Vanguard Total Bond Market Index Fund Admiral Shares against SPDR S&P 500 ETF Trust on real daily total-return data — every dividend reinvested, from Nov 12, 2001 to Jul 13, 2026.
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Frequently asked questions
Did VBTLX beat SPY?
No — measured from Nov 12, 2001 to Jul 13, 2026 with dividends reinvested, SPY came out ahead: $104,635 versus $20,642 from a $10,000 start. That gap compounds from a 10.0% annual return against 3.0%.
What would $10,000 in VBTLX be worth today?
$10,000 invested in Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX) on Nov 12, 2001 would be worth about $20,642 as of Jul 13, 2026, a total return of 106.4% (3.0% per year). The same $10,000 in SPY would be worth $104,635.
Which was riskier — VBTLX or SPY?
VBTLX swung with an annualized volatility of 4.5% and a worst peak-to-trough drop of -18.7%; SPY ran at 19.0% volatility with a -55.2% maximum drawdown. Risk-adjusted (Sharpe ratio), that is 0.22 for VBTLX vs 0.42 for SPY.
What data is this comparison based on?
Daily adjusted closing prices covering Nov 12, 2001 through Jul 13, 2026 — the full period where both assets have price history. Adjusted prices include dividends and splits, so these are total returns. The page refreshes with new market data every day.
Can I change the dates, amounts, or add monthly investing?
Yes — the interactive tool on this page is pre-loaded with VBTLX vs SPY. You can set any start and end date, change the starting amount, add monthly contributions, or build a multi-asset portfolio and compare it against any benchmark.