All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)

Total Real Returns

BTC vs. SPY vs. QQQ: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

Growth of $10,000

Wed 2024-07-31💬 to Fri 2026-07-31 Overall
Return
Exponential
Trendline
BTC
×
−9.79%
−5.02%/yr
−5.39%/yr
R2=0.020
Grayscale Bitcoin Mini Trust (BTC) Exchange-Traded Fund
SPY
×
+30.38%
+14.19%/yr
+14.46%/yr
R2=0.782
SPDR S&P 500 ETF Trust Exchange-Traded Fund
QQQ
×
+38.59%
+17.74%/yr
+20.44%/yr
R2=0.793
Invesco QQQ Trust NASDAQ Exchange-Traded Fund

Growth of $10,000 Summary

Wed 2024-07-31💬 to Fri 2026-07-31 Start
Value
End
Value
BTC
×
$10,000.00
2024-07-31
$9,021.30
2026-07-31
SPY
×
$10,000.00
2024-07-31
$13,037.62
2026-07-31
QQQ
×
$10,000.00
2024-07-31
$13,858.72
2026-07-31

This Year’s Performance

through 2026-07-31

  YTD YoY
BTC
×
−30.53% −48.12%
SPY
×
+6.55% +15.25%
QQQ
×
+8.61% +18.01%

Drawdowns

  Current
Drawdown
Worst
Drawdown
BTC
×
−51.48%
on 2026-07-31
from 2025-10-06 peak
−54.59%
on 2026-06-30
from 2025-10-06 peak
SPY
×
−1.37%
on 2026-07-31
from 2026-06-02 peak
−19.12%
on 2025-04-08
from 2025-02-19 peak
QQQ
×
−7.67%
on 2026-07-31
from 2026-06-02 peak
−23.54%
on 2025-04-08
from 2024-12-16 peak

Rolling Returns

Period ending Fri 2026-07-31 1 yr 2 yr 3 yr 5 yr 10 yr
BTC
×
−48.12% −9.79%
−5.02%/yr
SPY
×
+15.25% +30.38%
+14.18%/yr
+54.59%
+15.63%/yr
+48.54%
+8.24%/yr
+190.21%
+11.24%/yr
QQQ
×
+18.01% +38.59%
+17.72%/yr
+66.51%
+18.53%/yr
+58.46%
+9.64%/yr
+360.36%
+16.50%/yr

Annual Returns

Year BTC SPY QQQ
2026 (YTD) −30.53% +6.55% +8.61%
2025 −9.91% +14.65% +17.63%
2024 +44.15% +21.39% +22.06%
2023 +22.09% +49.84%
2022 −23.15% −36.67%
2021 +20.27% +19.04%
2020 +16.74% +46.63%
2019 +28.29% +35.86%
2018 −6.35% −2.00%
2017 +19.19% +29.92%
2016 +9.73% +4.92%
2015 +0.50% +8.64%
2014 +12.61% +18.29%
2013 +30.35% +34.61%
2012 +14.01% +16.10%
2011 −1.04% +0.40%
2010 +13.36% +18.14%
2009 +23.01% +50.60%
2008 −36.85% −41.78%
2007 +1.01% +14.35%
2006 +13.00% +4.51%
2005 +1.35% −1.79%
2004 +7.21% +7.04%
2003 +25.82% +46.91%
2002 −23.40% −38.82%
2001 −13.10% −34.36%
2000 −12.70% −38.21%
1999 +17.24% +75.08%
1998 +26.65%
1997 +31.24%
1996 +18.63%
1995 +34.61%
1994 −2.22%
1993 +6.22%