If You Invested $1,000 In SPY ETF When Donald Trump Announced Presidential Run 8 Years Ago, Here's How Much You'd Have Today

June 16th holds a significant place in the annals of political history, a day that has left an indelible mark on the collective memory of many. It was on this day, back in 2015, that Donald Trump stepped onto the political stage, announcing his candidacy for the 2016 presidential election.

Let's delve into the aftermath of his announcement and examine the performance of the stock market during Trump's presidency and the subsequent period.

What Happened: Trump declared his official campaign for the 2016 election from Trump Tower in New York City. Around a year and a half later, Trump was elected the 45th president of the United States.

Following his official campaign announcement, Trump quickly ascended to the forefront of the GOP candidates. In the 2016 primaries, Trump was able to beat out candidates including Ted Cruz, Marco Rubio and John Kasich. The 2016 election saw an unprecedented number of contenders for the Republican nomination, with a record-breaking 17 candidates entering the race - the highest ever in U.S. political history.

Today I officially declared my candidacy for President of the United States. Watch the video of my full speech- https://t.co/gonTk0o9Dt

— Donald J. Trump (@realDonaldTrump) June 16, 2015

After securing the Republican nomination, Trump went on to defeat Democrat Hillary Clinton with a 304 to 227 vote in the electoral college. Clinton won the popular vote with 48.2% to Trump’s 46.1%.

After spending four years in the Oval Office, Trump was defeated in his re-election campaign in the 2020 election, losing to Democrat Joe Biden.

Related Link: The Stock Market Predicted Trump's 2016 Victory 

Since leaving the White House, Trump has been indicted twice and now faces federal charges for crimes related to classified documents.

Trump is running for the Republican nomination in the 2024 presidential election, which could turn into a rematch against Biden, if both secure their respective party’s nominations. Trump has dominated most Republican polls in recent months.

During Trump’s time as president, the S&P 500 averaged returns of around 14.5%, with the following returns:

• 2017: +19.4%
• 2018: -6.2%
• 2019: +28.8%
• 2020: +16.3%

The returns during Trump's presidency beat those seen during Barack Obama's time in office, as the S&P 500 averaged around 12.4% annually during his eight years in the White House.

Under Trump's administration, the S&P 500 recorded the second-highest returns among the past seven presidencies, yielding a performance that was only surpassed by the 15.8% annual return during Bill Clinton's term.

From his first day in office (Jan 20, 2017) through Biden’s inauguration (Jan. 20, 2021), the S&P 500 was up 82.7%.

Since leaving office, the S&P 500 has posted two years of returns under President Biden, which are:

• 2021: +26.9%
• 2022: -19.2%

Here’s a look at how the SPDR S&P 500 Global ETF Trust SPY, which tracks the S&P 500 Index, has performed since the time Trump announced his nomination.

Investing $1,000 in SPY: Investors who bought into the leading ETF that tracks the S&P 500 when Trump announced his candidacy are up since that time.

A $1,000 investment on the day of June 16, 2015 could have purchased 5.50 shares of SPY. The $1,000 investment would be worth $2,434.30 today, based on a price of $442.60 for the SPY at the time of writing.

This marks a return of 143.4% over the last eight years.

Read Next: MAGA ETF Founder Is Backing DeSantis Over Trump 

Image was generated using artificial intelligence on MidJourney.