SPYI (IMID) vs SXRV (CNDX): which ETF won each year?

Yearly returns side by side, one winner per year — dividends included, priced as you'd actually buy them.

Every figure here is in euros — what you'd actually pocket buying on Xetra. Fund fact sheets usually headline returns in US dollars, which can look very different: in 2025 a world tracker rose about 23% in dollars but only about 9% in euros, because the euro gained roughly 13% against the dollar. Here's the full story, year by year.

SPYI tracks the MSCI ACWI IMI IndexSXRV tracks the Nasdaq-100 Index

What did the last 10 years do to €10,000?

You invest €10,000 at the start of the window and touch nothing — dividends reinvested, the running year not counted.

SPYI turned it into
€27,313
+10.57% per year on average · 20162025
SXRV turned it into
€52,983
+18.14% per year on average · 20162025
Difference
−€25,670
SXRV made more of the same money

SPYI vs SXRV, year by year

Calendar-year total returns (dividends included) side by side, and who took the crown each year. A dash means the fund did not exist yet.

Years compared
12
where both funds were trading
SPYI won
3
years
SXRV won
9
years
YearSPYISXRVWinner
2026 (so far)+14.31%+21.95%SXRV
2025+9.10%+6.79%SPYI
2024+22.92%+33.55%SXRV
2023+17.54%+51.19%SXRV
2022-12.92%-30.05%SPYI
2021+27.77%+39.34%SXRV
2020+5.39%+34.48%SXRV
2019+29.64%+42.90%SXRV
2018-6.71%+3.03%SXRV
2017+8.46%+15.81%SXRV
2016+12.66%+9.96%SPYI
2015+10.13%+21.87%SXRV
2014+37.26%
2013+32.30%
2012+13.01%
2011+5.73%
2010-9.35%

SPYI vs SXRV in plain words

SPYI tracks the MSCI ACWI IMI Index while SXRV follows the Nasdaq-100 Index, so they own different slices of the market and their years can look very different. SPYI charges 0.17% a year in running costs and SXRV charges 0.30% — SPYI is the cheaper fund to hold.

Both are accumulating funds: dividends are reinvested inside the fund and show up as a higher share price, never as a payout. Across the 12 calendar years both funds were trading, SPYI finished the year ahead 3 times and SXRV 9 times. €10,000 invested at the start of 2016 was worth €27,313 in SPYI versus €52,983 in SXRV by the end of 2025, dividends reinvested.

IMID is the London (USD) listing and IMIE the Paris/Milan (EUR) line of the same fund, ISIN IE00B3YLTY66 — SPYI is its EUR line on Xetra.

CNDX is the London/Amsterdam listing of the same fund, ISIN IE00B53SZB19 — SXRV is its EUR line on Xetra.

Fund facts: SPYI vs SXRV

FactSPYISXRV
FundSPDR MSCI All Country World Investable Market UCITS ETF USD Unhedged (Acc)iShares Nasdaq 100 UCITS ETF (Acc)
TracksMSCI ACWI IMI IndexNasdaq-100 Index
Yearly cost (TER)0.17%0.30%
DividendsAccumulating — dividends reinvestedAccumulating — dividends reinvested
Launched13 May 201126 Jan 2010
ISINIE00B3YLTY66IE00B53SZB19
WKNA1JJTDA0YEDL
Also trades asIMIDCNDX

Frequently asked

Is SPYI or SXRV better?

Across the 12 calendar years both funds were trading, SPYI finished the year ahead 3 times and SXRV 9 times. €10,000 invested at the start of 2016 was worth €27,313 in SPYI versus €52,983 in SXRV by the end of 2025, dividends reinvested. Past returns don't promise future ones — but this is what actually happened.

What is the difference between SPYI and SXRV?

SPYI tracks the MSCI ACWI IMI Index while SXRV follows the Nasdaq-100 Index, so they own different slices of the market and their years can look very different. SPYI charges 0.17% a year in running costs and SXRV charges 0.30% — SPYI is the cheaper fund to hold. Both are accumulating funds: dividends are reinvested inside the fund and show up as a higher share price, never as a payout.

What would €10,000 in SPYI have become?

€10,000 invested in SPYI at the start of 2016 grew to €27,313 by the end of 2025, with dividends reinvested — an average of 10.6% per year.

Is IMID the same as SPYI?

IMID is the London (USD) listing and IMIE the Paris/Milan (EUR) line of the same fund, ISIN IE00B3YLTY66 — SPYI is its EUR line on Xetra.

Is CNDX the same as SXRV?

CNDX is the London/Amsterdam listing of the same fund, ISIN IE00B53SZB19 — SXRV is its EUR line on Xetra.

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