International Business Machines Corporation (IBM) vs State Street SPDR S&P 500 ETF (SPY)

Over the past 10 years, IBM lagged SPY — 7.89% vs 14.89% annualized total return (price plus dividends).

A side-by-side comparison of International Business Machines Corporation and State Street SPDR S&P 500 ETF across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.

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Different business models: IBM is classified in Technology; SPY is classified in Financial Services. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

Total returnIBM vs SPY

growth of $100 · dividends reinvested · last 30y
IBM +1642.6%SPY +1866.7%SPY compounded faster
05001k2k2k3kStart $100200120062011201620212026$1,743$1,967
IBM SPY

Metrics side by side

Did IBM beat SPY?

Over the past 10 years, IBM lagged SPY — 7.89% vs 14.89% annualized total return (price plus dividends).

Total return (annualized)

MetricIBMSPY
Total return (1Y)-15.59%17.32%
Total return CAGR (3Y)18.50%18.85%
Total return CAGR (5Y)14.25%12.50%
Total return CAGR (10Y)7.89%14.89%

SPY is an index fund, so valuation, profitability, and per-company growth metrics don't apply — the head-to-head here is total return (price plus reinvested dividends).

Frequently asked

Has IBM beaten SPY?
Over the past 10 years, IBM lagged SPY — 7.89% vs 14.89% annualized total return (price plus dividends).

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 28, 2026.