All charts and data below are with dividends reinvested. (Inflation adjustment is OFF !)

Total Real Returns

SPY vs. TQQQ vs. UPRO vs. QLD vs. SSO: Total Return Chart (with Dividends Reinvested)

Growth of $10,000

Thu 2010-02-11💬 to Thu 2026-07-23 Overall
Return 		Exponential
Trendline
SPY × 		+814.77%
+14.41%/yr 		+13.64%/yr
R2=0.985
SPDR S&P 500 ETF Trust Exchange-Traded Fund
TQQQ × 		+32,147.08%
+42.09%/yr 		+40.49%/yr
R2=0.954
ProShares UltraPro QQQ NASDAQ Exchange-Traded Fund
UPRO × 		+7,595.31%
+30.23%/yr 		+27.97%/yr
R2=0.953
ProShares UltraPro S&P500 Exchange-Traded Fund
QLD × 		+10,453.76%
+32.76%/yr 		+31.82%/yr
R2=0.975
ProShares Ultra QQQ Exchange-Traded Fund
SSO × 		+3,112.08%
+23.49%/yr 		+22.06%/yr
R2=0.974
ProShares Ultra S&P500 Exchange-Traded Fund

Growth of $10,000 Summary

Thu 2010-02-11💬 to Thu 2026-07-23 Start
Value 		End
Value
SPY × 		$10,000.00
2010-02-11 		$91,476.99
2026-07-23
TQQQ × 		$10,000.00
2010-02-11 		$3,224,708.17
2026-07-23
UPRO × 		$10,000.00
2010-02-11 		$769,530.81
2026-07-23
QLD × 		$10,000.00
2010-02-11 		$1,055,376.21
2026-07-23
SSO × 		$10,000.00
2010-02-11 		$321,208.26
2026-07-23

This Year’s Performance

through 2026-07-23

  YTD YoY
SPY × 		+8.83% +17.68%
TQQQ × 		+26.26% +51.94%
UPRO × 		+18.12% +40.09%
QLD × 		+20.83% +39.07%
SSO × 		+13.75% +28.98%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
SPY × 		−2.57%
on 2026-07-23
from 2026-06-02 peak 		−33.72%
on 2020-03-23
from 2020-02-19 peak
TQQQ × 		−23.81%
on 2026-07-23
from 2026-06-02 peak 		−81.66%
on 2022-12-28
from 2021-11-19 peak
UPRO × 		−9.57%
on 2026-07-23
from 2026-06-02 peak 		−76.82%
on 2020-03-23
from 2020-02-19 peak
QLD × 		−15.39%
on 2026-07-23
from 2026-06-02 peak 		−63.68%
on 2022-12-28
from 2021-11-19 peak
SSO × 		−6.05%
on 2026-07-23
from 2026-06-02 peak 		−59.34%
on 2020-03-23
from 2020-02-19 peak

Rolling Returns

Period ending Thu 2026-07-23 1 yr 2 yr 3 yr 5 yr 10 yr
SPY × 		+17.68% +36.46%
+16.81%/yr 		+69.45%
+19.22%/yr 		+79.53%
+12.42%/yr 		+298.92%
+14.84%/yr
TQQQ × 		+51.94% +84.17%
+35.71%/yr 		+221.38%
+47.57%/yr 		+103.79%
+15.30%/yr 		+2,854.15%
+40.30%/yr
UPRO × 		+40.09% +73.27%
+31.63%/yr 		+180.40%
+41.01%/yr 		+130.80%
+18.21%/yr 		+1,060.26%
+27.78%/yr
QLD × 		+39.07% +70.91%
+30.73%/yr 		+159.19%
+37.36%/yr 		+122.63%
+17.36%/yr 		+1,640.63%
+33.07%/yr
SSO × 		+28.98% +56.69%
+25.17%/yr 		+122.71%
+30.59%/yr 		+114.78%
+16.52%/yr 		+675.67%
+22.73%/yr

Annual Returns

Year SPY TQQQ UPRO QLD SSO
2026 (YTD) +8.83% +26.26% +18.12% +20.83% +13.75%
2025 +17.72% +34.35% +31.88% +30.36% +26.19%
2024 +24.89% +58.27% +63.57% +42.81% +43.48%
2023 +26.18% +198.05% +68.53% +117.72% +46.65%
2022 −18.18% −79.09% −56.84% −60.52% −38.98%
2021 +28.73% +82.98% +98.64% +54.67% +60.57%
2020 +18.33% +110.05% +10.09% +88.90% +21.54%
2019 +31.22% +133.83% +102.30% +81.69% +63.45%
2018 −4.57% −19.79% −25.11% −8.31% −14.60%
2017 +21.71% +118.06% +71.37% +70.34% +44.35%
2016 +12.00% +11.38% +30.78% +12.14% +21.54%
2015 +1.23% +17.23% −5.24% +14.74% −1.20%
2014 +13.46% +57.08% +38.01% +37.59% +25.53%
2013 +32.31% +139.74% +118.50% +82.12% +70.47%
2012 +15.99% +52.29% +46.79% +34.77% +31.03%
2011 +1.90% −8.06% −11.88% +0.04% −2.93%
2010 +15.06% +78.06% +36.33% +36.90% +26.82%
2009 +26.35% — +73.78% +121.17% +47.22%
2008 −36.79% — — −72.88% −67.94%
2007 +5.15% — — +29.02% +1.07%
2006 +15.85% — — +19.42% +25.95%
2005 +4.83% — — — —
2004 +10.70% — — — —
2003 +28.18% — — — —
2002 −21.58% — — — —
2001 −11.76% — — — —
2000 −9.74% — — — —
1999 +20.39% — — — —
1998 +28.69% — — — —
1997 +33.48% — — — —
1996 +22.56% — — — —
1995 +38.04% — — — —
1994 +0.40% — — — —
1993 +8.64% — — — —