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

Total Real Returns

ICE vs. NDAQ vs. CME vs. CBOE: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

×

Growth of $10,000

Tue 2010-06-15💬 to Wed 2025-12-31💬 Overall
Return
Exponential
Trendline
ICE
×
+416.49%
+11.14%/yr
+12.97%/yr
R2=0.942
Intercontinental Exchange Inc NYSE Common Stock
NDAQ
×
+1,162.21%
+17.72%/yr
+17.75%/yr
R2=0.958
Nasdaq Inc NASDAQ Common Stock
CME
×
+453.32%
+11.63%/yr
+13.93%/yr
R2=0.901
CME Group Inc NASDAQ Common Stock
CBOE
×
+572.89%
+13.05%/yr
+14.09%/yr
R2=0.894
Cboe Global Markets Inc Common Stock

Growth of $10,000 Summary

Tue 2010-06-15💬 to Wed 2025-12-31💬 Start
Value
End
Value
ICE
×
$10,000.00
2010-06-15
$51,648.86
2025-12-31
NDAQ
×
$10,000.00
2010-06-15
$126,221.26
2025-12-31
CME
×
$10,000.00
2010-06-15
$55,331.65
2025-12-31
CBOE
×
$10,000.00
2010-06-15
$67,288.58
2025-12-31

Drawdowns

  Final
Drawdown
Worst
Drawdown
ICE
×
−13.79%
on 2025-12-31
from 2025-08-04 peak
−38.80%
on 2022-10-07
from 2021-11-02 peak
NDAQ
×
−2.23%
on 2025-12-31
from 2025-12-26 peak
−38.37%
on 2023-10-03
from 2021-11-05 peak
CME
×
−5.49%
on 2025-12-31
from 2025-06-02 peak
−37.27%
on 2020-03-23
from 2020-03-04 peak
CBOE
×
−3.44%
on 2025-12-31
from 2025-11-12 peak
−45.59%
on 2020-03-18
from 2018-01-25 peak

Rolling Returns

Period ending Wed 2025-12-31 1 yr 2 yr 3 yr 5 yr 10 yr
ICE
×
+7.06% +22.23%
+10.56%/yr
+50.34%
+14.56%/yr
+20.39%
+3.78%/yr
+161.98%
+10.11%/yr
NDAQ
×
+23.87% +62.36%
+27.42%/yr
+51.35%
+14.81%/yr
+88.87%
+13.56%/yr
+329.42%
+15.69%/yr
CME
×
+16.71% +30.92%
+14.42%/yr
+66.36%
+18.49%/yr
+45.74%
+7.82%/yr
+218.39%
+12.28%/yr
CBOE
×
+26.58% +36.25%
+16.73%/yr
+90.33%
+23.93%/yr
+132.42%
+18.37%/yr
+223.00%
+12.44%/yr

Annual Returns

Year ICE NDAQ CME CBOE
2026 (YTD) −8.23% −7.82% −1.33% +8.95%
2025 +7.06% +23.87% +16.71% +26.58%
2024 +14.17% +31.07% +12.18% +7.64%
2023 +23.00% −6.78% +27.06% +39.69%
2022 −28.54% −16.58% −27.57% −8.10%
2021 +12.05% +49.60% +20.96% +32.88%
2020 +24.46% +24.30% −7.60% −22.23%
2019 +21.69% +30.89% +7.22% +21.38%
2018 +6.09% +6.18% +29.67% −22.08%
2017 +23.98% +14.34% +29.61% +66.96%
2016 +9.23% +15.10% +31.21% +13.17%
2015 +17.43% +22.51% +6.85% +3.01%
2014 −1.98% +21.29% +17.45% +22.89%
2013 +79.51% +59.38% +61.58% +78.12%
2012 +0.95% +3.19% +9.49% +17.07%
2011 −1.74% +0.31% −24.88% +11.72%
2010 +4.54% +17.96% −4.15% −29.36%
2009 +32.61% −21.91% +59.94% —
2008 −57.21% −50.12% −68.85% —
2007 +71.39% +54.41% +30.05% —
2006 +189.55% −14.63% +36.05% —
2005 −6.67% +233.47% +56.46% —
2004 — +4.53% +208.48% —
2003 — −7.24% +64.40% —
2002 — −33.70% +1.95% —