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

Total Real Returns

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

Growth of $10,000

Thu 2009-06-25💬 to Fri 2026-10-23 Overall
Return 		Exponential
Trendline
UPRO × 		+12,670.64%
+32.30%/yr 		+28.41%/yr
R2=0.959
ProShares UltraPro S&P500 Exchange-Traded Fund
TMF × 		−58.64%
−4.97%/yr 		−3.75%/yr
R2=0.088
Direxion Daily 20+ Year Treasury Bull 3X Shares Exchange-Traded Fund

Growth of $10,000 Summary

Thu 2009-06-25💬 to Fri 2026-10-23 Start
Value 		End
Value
UPRO × 		$10,000.00
2009-06-25 		$1,277,063.57
2026-10-23
TMF × 		$10,000.00
2009-06-25 		$4,135.70
2026-10-23

This Year’s Performance

through 2026-10-23

  YTD YoY
UPRO × 		+25.20% +28.52%
TMF × 		−19.08% −29.18%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
UPRO × 		−8.49%
on 2026-10-23
from 2026-08-13 peak 		−76.82%
on 2020-03-23
from 2020-02-19 peak
TMF × 		−93.30%
on 2026-10-23
from 2020-03-09 peak 		−94.25%
on 2026-10-05
from 2020-03-09 peak

Rolling Returns

Period ending Fri 2026-10-23 1 yr 2 yr 3 yr 5 yr 10 yr
UPRO × 		+28.52% +68.37%
+29.76%/yr 		+282.35%
+56.37%/yr 		+125.04%
+17.61%/yr 		+1,184.68%
+29.09%/yr
TMF × 		−29.18% −33.30%
−18.33%/yr 		−20.36%
−7.31%/yr 		−87.08%
−33.59%/yr 		−85.92%
−17.80%/yr

Annual Returns

Year UPRO TMF
2026 (YTD) +25.20% −19.08%
2025 +31.88% −2.94%
2024 +63.57% −35.95%
2023 +68.53% −13.01%
2022 −56.84% −72.60%
2021 +98.64% −19.80%
2020 +10.09% +39.02%
2019 +102.30% +34.75%
2018 −25.11% −11.01%
2017 +71.37% +22.72%
2016 +30.79% −2.52%
2015 −5.24% −13.73%
2014 +38.01% +97.34%
2013 +118.49% −39.00%
2012 +46.80% +0.60%
2011 −11.88% +109.18%
2010 +36.33% +16.06%
2009 +73.77% −39.24%