DNUT vs SPY: Krispy Kreme, Inc. vs SPDR S&P 500 ETF Trust Historical Returns & Investment Comparison

This DNUT vs SPY comparison analyzes the historical stock performance of Krispy Kreme, Inc. and SPDR S&P 500 ETF Trust side-by-side. Using real, adjusted market data, this tool shows how identical investments in both stocks would have performed over time—highlighting differences in returns, volatility, and consistency across market cycles.

Use the interactive calculator below to adjust the investment amount and time period, visualizing how Krispy Kreme, Inc. and SPDR S&P 500 ETF Trust have historically performed against each other.

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Performance Summary

$10,000 invested from 2021 to 2025 (5 years)

Head-to-Head Record

1
DNUT Wins
0
Ties
4
SPY Wins

Over the 5-year comparison period, Krispy Kreme, Inc. outperformed SPDR S&P 500 ETF Trust in 1 years, while SPDR S&P 500 ETF Trust outperformed Krispy Kreme, Inc. in 4 years.

DNUT - Krispy Kreme, Inc.

Average Annual Return:-19.54%
Best Year:+45.88% (2023)
Worst Year:-58.18% (2025)
Win Rate:20.0% (1/5 years)
Total Value:$2,107.57
Total Gain:$-7,892.43 (-78.92%)

SPY - SPDR S&P 500 ETF Trust

Average Annual Return:+11.71%
Best Year:+37.39% (1995)
Worst Year:-36.24% (2008)
Win Rate:81.8% (27/33 years)
Total Value:$250,597.02
Total Gain:+$240,597.02 (+2405.97%)

Overall Winner: SPY with an average annual return of 11.71% (vs -19.54% for DNUT)

Understanding DNUT vs SPY Performance

When comparing Krispy Kreme, Inc. and SPDR S&P 500 ETF Trust, investors should consider multiple factors beyond just total returns. Volatility, consistency of growth, dividend payments, and sector-specific risks all play crucial roles in determining which stock might be better suited for your investment strategy and risk tolerance.

Historical performance data shows how each stock responded to market downturns, economic expansions, and company-specific events. While past performance doesn't guarantee future results, understanding these patterns can help inform investment decisions and portfolio allocation strategies.

Cumulative Growth Comparison

A $10,000 investment in Krispy Kreme, Inc. grew to $2,108, compared to $250,597 for SPDR S&P 500 ETF Trust over the same period.

Year-by-Year Comparison

YearDNUT ReturnDNUT CumulativeSPY ReturnSPY CumulativeDifferenceWinner
2021 (Start)-$10,000.00-$10,000.00-Initial Investment
2022-9.66%$9,033.92+30.51%$164,514.60-40.17% (SPY)SPY
2023-43.92%$5,066.36-18.65%$133,838.54-25.27% (SPY)SPY
2024+45.88%$7,390.81+26.71%$169,585.78+19.17% (DNUT)DNUT
2025-31.82%$5,039.27+25.59%$212,981.61-57.41% (SPY)SPY
2026-58.18%$2,107.57+17.66%$250,597.02-75.84% (SPY)SPY

Annual returns include dividends and stock splits. Cumulative values show growth of $10,000 invested from the first year. Positive difference means DNUT outperformed SPY that year.

Company Profiles

1

Krispy Kreme, Inc.

DNUT

Krispy Kreme, Inc. is a sweet treat brand company primarily known for its doughnuts, especially the iconic Original Glazed doughnut. The company operates as a vertically integrated sweet treat logistics company, utilizing a 'Hub and Spoke' model to produce and distribute fresh doughnuts daily to various 'Points of Access' (POAs) including company-owned and franchise shops, grocery and convenience stores, quick-service restaurants, and digital channels.

Key Innovations

  • Vertically integrated 'Hub and Spoke' model for efficient production and distribution of fresh doughnuts to various points of access.

Business Segments

  • U.S.
    Operations within the United States, including company-owned and franchise shops, and distribution through various channels.
  • International
    Operations in international markets, including the U.K., Ireland, Australia, New Zealand, Canada, Japan, and Mexico.
  • Market Development
    Franchise operations globally, supporting expansion and market penetration.
2

SPDR S&P 500 ETF Trust

SPY

SPY is the first exchange-traded fund (ETF) listed in the US. It is designed to track the S&P 500 Index, which measures the performance of the large-cap segment of the US equity market.

Key Innovations

  • First US-listed ETF

Business Segments

  • ETF
    Passive investment vehicle tracking the S&P 500.

How This Comparison Works

Our stock comparison tool uses adjusted closing prices to calculate year-by-year returns for both stocks. This ensures an apples-to-apples comparison that accounts for:

  • Dividends: All dividend payments are reinvested
  • Stock splits: Historical prices are adjusted for all splits
  • Head-to-head record: Shows which stock outperformed each year
  • Statistical analysis: Average returns, best/worst years, and win rates

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Important Disclaimer

This comparison tool is for educational and informational purposes only and does not constitute financial, investment, or trading advice. Past performance is not indicative of future results. Historical returns include dividends and stock splits but do not account for taxes, fees, inflation, or individual circumstances. Stock market investments carry risk, including the potential loss of principal. Always consult with a qualified financial advisor before making investment decisions. The data presented is based on historical market data and may contain inaccuracies or delays.