SPYY 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.

SPYY tracks the MSCI ACWI 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.

SPYY turned it into
€28,198
+10.92% per year on average · 20162025
SXRV turned it into
€52,983
+18.14% per year on average · 20162025
Difference
−€24,785
SXRV made more of the same money

SPYY 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
15
where both funds were trading
SPYY won
3
years
SXRV won
12
years
YearSPYYSXRVWinner
2026 (so far)+13.67%+21.95%SXRV
2025+9.46%+6.79%SPYY
2024+24.56%+33.55%SXRV
2023+18.22%+51.19%SXRV
2022-13.76%-30.05%SPYY
2021+29.02%+39.34%SXRV
2020+5.12%+34.48%SXRV
2019+30.21%+42.90%SXRV
2018-6.02%+3.03%SXRV
2017+8.80%+15.81%SXRV
2016+12.34%+9.96%SPYY
2015+8.88%+21.87%SXRV
2014+18.80%+37.26%SXRV
2013+17.52%+32.30%SXRV
2012+9.67%+13.01%SXRV
2011+5.73%
2010-9.35%

SPYY vs SXRV in plain words

SPYY tracks the MSCI ACWI Index while SXRV follows the Nasdaq-100 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 SXRV charges 0.30% — 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 15 calendar years both funds were trading, SPYY finished the year ahead 3 times and SXRV 12 times. €10,000 invested at the start of 2016 was worth €28,198 in SPYY versus €52,983 in SXRV by the end of 2025, dividends reinvested.

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

Fund facts: SPYY vs SXRV

FactSPYYSXRV
FundSPDR MSCI ACWI UCITS ETF (Acc)iShares Nasdaq 100 UCITS ETF (Acc)
TracksMSCI ACWI IndexNasdaq-100 Index
Yearly cost (TER)0.12%0.30%
DividendsAccumulating — dividends reinvestedAccumulating — dividends reinvested
Launched13 May 201126 Jan 2010
ISINIE00B44Z5B48IE00B53SZB19
WKNA1JJTCA0YEDL
Also trades asCNDX

Frequently asked

Is SPYY or SXRV better?

Across the 15 calendar years both funds were trading, SPYY finished the year ahead 3 times and SXRV 12 times. €10,000 invested at the start of 2016 was worth €28,198 in SPYY 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 SPYY and SXRV?

SPYY tracks the MSCI ACWI Index while SXRV follows the Nasdaq-100 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 SXRV charges 0.30% — 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 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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