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

Total Real Returns

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

Growth of $10,000

Thu 2009-06-25💬 to Fri 2026-10-02 Overall
Return 		Exponential
Trendline
SPY × 		+1,034.21%
+15.10%/yr 		+13.72%/yr
R2=0.987
State Street SPDR S&P 500 ETF Trust Exchange-Traded Fund
UPRO × 		+13,277.07%
+32.78%/yr 		+28.40%/yr
R2=0.959
ProShares UltraPro S&P500 Exchange-Traded Fund

Growth of $10,000 Summary

Thu 2009-06-25💬 to Fri 2026-10-02 Start
Value 		End
Value
SPY × 		$10,000.00
2009-06-25 		$113,420.87
2026-10-02
UPRO × 		$10,000.00
2009-06-25 		$1,337,707.24
2026-10-02

This Year’s Performance

through 2026-10-02

  YTD YoY
SPY × 		+13.75% +16.25%
UPRO × 		+31.15% +34.73%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
SPY × 		−0.81%
on 2026-10-02
from 2026-08-13 peak 		−33.72%
on 2020-03-23
from 2020-02-19 peak
UPRO × 		−4.14%
on 2026-10-02
from 2026-08-13 peak 		−76.82%
on 2020-03-23
from 2020-02-19 peak

Rolling Returns

Period ending Fri 2026-10-02 1 yr 2 yr 3 yr 5 yr 10 yr
SPY × 		+16.25% +38.42%
+17.65%/yr 		+86.76%
+23.15%/yr 		+89.50%
+13.64%/yr 		+316.66%
+15.34%/yr
UPRO × 		+34.73% +83.44%
+35.44%/yr 		+277.33%
+55.68%/yr 		+166.68%
+21.67%/yr 		+1,197.27%
+29.21%/yr

Annual Returns

Year SPY UPRO
2026 (YTD) +13.75% +31.15%
2025 +17.72% +31.88%
2024 +24.89% +63.57%
2023 +26.18% +68.53%
2022 −18.18% −56.84%
2021 +28.73% +98.64%
2020 +18.33% +10.09%
2019 +31.22% +102.30%
2018 −4.57% −25.11%
2017 +21.71% +71.37%
2016 +12.00% +30.79%
2015 +1.23% −5.24%
2014 +13.46% +38.01%
2013 +32.31% +118.49%
2012 +15.99% +46.80%
2011 +1.90% −11.88%
2010 +15.06% +36.33%
2009 +26.35% +73.77%
2008 −36.79% —
2007 +5.15% —
2006 +15.85% —
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% —