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

Wed 2025-12-31 to Wed 2026-10-07 Overall
Return
Exponential
Trendline
ICE
×
−8.23%
−10.60%/yr
−17.17%/yr
R2=0.283
Intercontinental Exchange Inc NYSE Common Stock
NDAQ
×
−7.82%
−10.08%/yr
+1.60%/yr
R2=0.003
Nasdaq Inc NASDAQ Common Stock
CME
×
−1.33%
−1.74%/yr
−17.75%/yr
R2=0.268
CME Group Inc NASDAQ Common Stock
CBOE
×
+8.95%
+11.83%/yr
−1.83%/yr
R2=0.002
Cboe Global Markets Inc Common Stock

Growth of $10,000 Summary

Wed 2025-12-31 to Wed 2026-10-07 Start
Value
End
Value
ICE
×
$10,000.00
2025-12-31
$9,176.86
2026-10-07
NDAQ
×
$10,000.00
2025-12-31
$9,217.66
2026-10-07
CME
×
$10,000.00
2025-12-31
$9,866.68
2026-10-07
CBOE
×
$10,000.00
2025-12-31
$10,894.85
2026-10-07

This Year’s Performance

through 2026-10-07

  YTD YoY
ICE
×
−8.23% −7.78%
NDAQ
×
−7.82% +1.75%
CME
×
−1.33% +2.90%
CBOE
×
+8.95% +14.07%

Drawdowns

  Current
Drawdown
Worst
Drawdown
ICE
×
−14.85%
on 2026-10-07
from 2026-01-26 peak
−31.21%
on 2026-06-29
from 2026-01-26 peak
NDAQ
×
−11.17%
on 2026-10-07
from 2026-01-16 peak
−25.52%
on 2026-06-29
from 2026-01-16 peak
CME
×
−16.71%
on 2026-10-07
from 2026-03-02 peak
−32.53%
on 2026-06-29
from 2026-03-02 peak
CBOE
×
−23.35%
on 2026-10-07
from 2026-05-13 peak
−36.75%
on 2026-06-29
from 2026-05-13 peak

Rolling Returns

Period ending Wed 2026-10-07 1 yr 2 yr 3 yr 5 yr 10 yr
ICE
×
−7.78% −8.04%
−4.10%/yr
+30.81%
+9.36%/yr
+5.42%
+1.06%/yr
+133.00%
+8.83%/yr
NDAQ
×
+1.75% +24.84%
+11.73%/yr
+76.66%
+20.89%/yr
+22.06%
+4.07%/yr
+246.04%
+13.22%/yr
CME
×
+2.90% +24.11%
+11.40%/yr
+32.69%
+9.89%/yr
+34.90%
+6.17%/yr
+174.83%
+10.64%/yr
CBOE
×
+14.07% +30.22%
+14.11%/yr
+65.00%
+18.17%/yr
+96.67%
+14.48%/yr
+239.95%
+13.02%/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% —