Originave

SPYY vs SPYI (IMID): 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.

Fund A
State Street logoSPYY
Fund B
State Street logoSPYI

SPYY tracks the MSCI ACWI IndexSPYI tracks the MSCI ACWI IMI 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.

SPYY turned it into
€28,198
+10.92% per year on average · 2016–2025
SPYI turned it into
€27,313
+10.57% per year on average · 2016–2025
Difference
+€885
SPYY made more of the same money

SPYY vs SPYI, 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
SPYY won
7
years
SPYI won
5
years
YearSPYYSPYIWinner
2026 (so far)+13.67%+14.31%SPYI
2025+9.46%+9.10%SPYY
2024+24.56%+22.92%SPYY
2023+18.22%+17.54%SPYY
2022-13.76%-12.92%SPYI
2021+29.02%+27.77%SPYY
2020+5.12%+5.39%SPYI
2019+30.21%+29.64%SPYY
2018-6.02%-6.71%SPYY
2017+8.80%+8.46%SPYY
2016+12.34%+12.66%SPYI
2015+8.88%+10.13%SPYI
2014+18.80%——
2013+17.52%——
2012+9.67%——

SPYY vs SPYI in plain words

SPYY tracks the MSCI ACWI Index while SPYI follows the MSCI ACWI IMI Index, so they own different slices of the market and their years can look very different. SPYY charges 0.12% a year in running costs and SPYI charges 0.17% — SPYY 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, SPYY finished the year ahead 7 times and SPYI 5 times. €10,000 invested at the start of 2016 was worth €28,198 in SPYY versus €27,313 in SPYI 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.

Fund facts: SPYY vs SPYI

FactSPYYSPYI
FundSPDR MSCI ACWI UCITS ETF (Acc)SPDR MSCI All Country World Investable Market UCITS ETF USD Unhedged (Acc)
TracksMSCI ACWI IndexMSCI ACWI IMI Index
Yearly cost (TER)0.12%0.17%
DividendsAccumulating — dividends reinvestedAccumulating — dividends reinvested
Launched13 May 201113 May 2011
ISINIE00B44Z5B48IE00B3YLTY66
WKNA1JJTCA1JJTD
Also trades as—IMID

Frequently asked

Is SPYY or SPYI better?

Across the 12 calendar years both funds were trading, SPYY finished the year ahead 7 times and SPYI 5 times. €10,000 invested at the start of 2016 was worth €28,198 in SPYY versus €27,313 in SPYI 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 SPYY and SPYI?

SPYY tracks the MSCI ACWI Index while SPYI follows the MSCI ACWI IMI Index, so they own different slices of the market and their years can look very different. SPYY charges 0.12% a year in running costs and SPYI charges 0.17% — SPYY 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 SPYY have become?

€10,000 invested in SPYY at the start of 2016 grew to €28,198 by the end of 2025, with dividends reinvested — an average of 10.9% 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.

Related comparisons

More head-to-heads featuring SPYY or SPYI.

SXR8vsSPYYVUAAvsSPYYSPYLvsSPYYSPYYvsVWCESPYYvsWEBNSPYYvsEUNLSPYYvsIUSQSPYYvsVGVF