OriginaveLump sum vs DCA
Every year side by side — how €10,000 performed invested all at once versus as monthly dollar-cost averaging.
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.
Ticker
SPYItracks the MSCI ACWI IMI Index
Every year of SPYI: lump sum vs DCA
For every year, the same €10,000 invested two ways: everything on day one (lump sum) or in twelve monthly parts (dollar-cost averaging). Percentages are measured on the money actually paid in, dividends included.
Years compared
12
each with the same €10,000
Lump sum won
9
all in on day one
DCA won
2
spread over the months
| Year | Lump sum result | Lump sum end value | DCA result | DCA end value | Winner |
|---|---|---|---|---|---|
| 2026 (so far) | +14.31% | €11,431 | +10.54% | €10,527 | Lump sum |
| 2025 | +9.10% | €10,910 | +8.62% | €10,862 | Lump sum |
| 2024 | +22.92% | €12,292 | +10.78% | €11,078 | Lump sum |
| 2023 | +17.54% | €11,754 | +9.06% | €10,906 | Lump sum |
| 2022 | -12.92% | €8,708 | -6.39% | €9,361 | DCA |
| 2021 | +27.77% | €12,777 | +13.65% | €11,365 | Lump sum |
| 2020 | +5.39% | €10,539 | +13.52% | €11,352 | DCA |
| 2019 | +29.64% | €12,964 | +12.36% | €11,236 | Lump sum |
| 2018 | -6.71% | €9,329 | -8.32% | €9,168 | Lump sum |
| 2017 | +8.46% | €10,846 | +5.07% | €10,507 | Lump sum |
| 2016 | +12.66% | €11,266 | +12.66% | €11,266 | Tie |
| 2015 | +10.13% | €11,013 | -0.04% | €9,996 | Lump sum |