# BTSE Token USD (BTSEUSD) vs State Street SPDR S&P 500 ETF Trust (SPY) · total-return overlay

LOPJLB holding-return compare (5Y). Dividends and splits. Each path starts at 0% from the first adjusted close in the window.

BTSE Token USD (BTSEUSD) vs State Street SPDR S&P 500 ETF Trust (SPY) total return over 5Y: BTSEUSD -84.09%, SPY +91.36%. Regime BTSEUSD BEAR · SPY BULL. As of Oct 9, 2026. Research only.

- Interactive: https://www.lopjlb.com/vs/BTSEUSD/SPY
- API: `GET /bff/api/bigfive/compare-series?symbols=BTSEUSD%2CSPY&range=5y`

## Window

| Symbol | Window % | Worst drawdown | YTD |
|---|---:|---:|---:|
| BTSEUSD | -84.09% | -95.41% | -39.15% |
| SPY | +91.36% | -24.49% | +14.86% |

## Periods (calendar lookback)

| Symbol | 1Y | 2Y | 3Y | 5Y |
|---|---:|---:|---:|---:|
| BTSEUSD | -37.95% | +103.86% | -12.11% | -84.09% |
| SPY | +17.26% | +38.01% | +86.77% | +91.36% |

## Annual

| Year | BTSEUSD | SPY |
|---|---:|---:|
| YTD | -39.15% | +14.86% |
| 2025 | +56.12% | +18.01% |
| 2024 | +17.15% | +25.59% |
| 2023 | -73.35% | +26.73% |
| 2022 | -67.29% | -18.64% |
| 2021 | -5.53% | +9.53% |

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Research context only. Not personalized investment advice.