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S&P 500 vs Ethereum: which won?

Ethereum crushed S&P 500 since 2015 — more than 496× as much.

Ethereum

Winner

$1,804,032

1,804× · +105.4%/yr

S&P 500

Runner-up

$3,638

3.64× · +13.2%/yr

$1,000 lump sum · end of 20152026

20152026

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Head to head

EthereumS&P 500
$1,000 would be$1,804,032$3,638
Total return1,804×3.64×
Annual return+105.4%+13.2%
Best single year+9141% (2017)+13% (2020)
Worst single year−82% (2018)−13% (2020)
Deepest drop−82.9%−24.8%
The rideWhite-knuckle rollercoasterRemarkably smooth ride

The story

Put $1,000 into each at the end of 2015 and leave it alone. By the latest data, the Ethereum stake is worth about $1,804,032 — a 1,804× return, or roughly +105.4% a year. The same money in S&P 500 grew to about $3,638 (3.64×). Ethereum wins this window decisively: more than 496× as much, or about $1,800,394 more on the same $1,000.

The lead didn't come on the same road. Ethereum's path was a white-knuckle rollercoaster, while S&P 500 was a remarkably smooth ride. So Ethereum's win came with the bigger stomach test: more upside, but you had to sit through sharper swings to collect it.

Neither was a straight line. Ethereum's ugliest calendar year was −82% (2018) and its worst peak-to-trough fall reached −82.9%, recovered by 2021. S&P 500 bottomed at −13% (2020) with a deepest drop of −24.8%. If you'd sold in the worst of it, none of the headline numbers above would have been yours.

Those are nominal dollars. Prices rose about 40.5% over the same stretch, so the real, spending-power gain is smaller than the multiple suggests for both. And this is one start year out of many — pick a different year and the result can flip. Past performance never predicts the future; this is a history lesson, not advice. Run your own year and amount below.

Common questions

Was S&P 500 or Ethereum a better investment since 2015?
Over 2015–2026, Ethereum was the better investment: $1,000 grew to about $1,804,032 (1,804×), versus about $3,638 (3.64×) for S&P 500 — more than 496× as much.
How much would $1,000 in Ethereum be worth versus S&P 500?
Starting at the end of 2015, $1,000 in Ethereum would be worth about $1,804,032 today, and in S&P 500 about $3,638 — a difference of roughly $1,800,394 on the same stake.
Which was more volatile, S&P 500 or Ethereum?
Ethereum was the wilder ride — white-knuckle rollercoaster — with a deepest fall of −82.9%, while S&P 500 was remarkably smooth ride (deepest fall −24.8%).
Did Ethereum always beat S&P 500?
No. This compares a single start year (2015, the first both have data for). Different entry years — especially buying after a crash versus near a peak — can change or even reverse the winner. Use the calculator to test any year.

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