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
SPYYtracks the MSCI ACWI Index
Every year of SPYY: 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
15
each with the same €10,000
Lump sum won
13
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) | +13.67% | €11,367 | +10.37% | €10,518 | Lump sum |
| 2025 | +9.46% | €10,946 | +8.63% | €10,863 | Lump sum |
| 2024 | +24.56% | €12,456 | +11.63% | €11,163 | Lump sum |
| 2023 | +18.22% | €11,822 | +9.33% | €10,933 | Lump sum |
| 2022 | -13.76% | €8,624 | -6.86% | €9,314 | DCA |
| 2021 | +29.02% | €12,902 | +14.53% | €11,453 | Lump sum |
| 2020 | +5.12% | €10,512 | +12.50% | €11,250 | DCA |
| 2019 | +30.21% | €13,021 | +12.50% | €11,250 | Lump sum |
| 2018 | -6.02% | €9,398 | -7.55% | €9,245 | Lump sum |
| 2017 | +8.80% | €10,880 | +5.38% | €10,538 | Lump sum |
| 2016 | +12.34% | €11,234 | +12.32% | €11,232 | Lump sum |
| 2015 | +8.88% | €10,888 | -0.07% | €9,993 | Lump sum |
| 2014 | +18.80% | €11,880 | +12.12% | €11,212 | Lump sum |
| 2013 | +17.52% | €11,752 | +7.55% | €10,755 | Lump sum |
| 2012 | +9.67% | €10,967 | +4.02% | €10,402 | Lump sum |