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 Tue 2026-06-30💬 Overall
Return
Exponential
Trendline
ICE
×
−25.73%
−45.13%/yr
−39.55%/yr
R2=0.718
Intercontinental Exchange Inc NYSE Common Stock
NDAQ
×
−20.72%
−37.41%/yr
−22.96%/yr
R2=0.300
Nasdaq Inc NASDAQ Common Stock
CME
×
−19.24%
−35.03%/yr
−24.25%/yr
R2=0.222
CME Group Inc NASDAQ Common Stock
CBOE
×
−5.76%
−11.28%/yr
+20.64%/yr
R2=0.076
Cboe Global Markets Inc Common Stock

Growth of $10,000 Summary

Wed 2025-12-31 to Tue 2026-06-30💬 Start
Value
End
Value
ICE
×
$10,000.00
2025-12-31
$7,427.23
2026-06-30
NDAQ
×
$10,000.00
2025-12-31
$7,927.59
2026-06-30
CME
×
$10,000.00
2025-12-31
$8,076.16
2026-06-30
CBOE
×
$10,000.00
2025-12-31
$9,424.39
2026-06-30

Drawdowns

  Final
Drawdown
Worst
Drawdown
ICE
×
−31.09%
on 2026-06-30
from 2026-01-26 peak
−31.21%
on 2026-06-29
from 2026-01-26 peak
NDAQ
×
−23.60%
on 2026-06-30
from 2026-01-16 peak
−25.52%
on 2026-06-29
from 2026-01-16 peak
CME
×
−31.83%
on 2026-06-30
from 2026-03-02 peak
−32.53%
on 2026-06-29
from 2026-03-02 peak
CBOE
×
−33.69%
on 2026-06-30
from 2026-05-13 peak
−36.75%
on 2026-06-29
from 2026-05-13 peak

Rolling Returns

Period ending Tue 2026-06-30 1 yr 2 yr 3 yr 5 yr 10 yr
ICE
×
−34.36% −13.35%
−6.91%/yr
+3.28%
+1.08%/yr
−9.93%
−2.07%/yr
+97.14%
+7.02%/yr
NDAQ
×
−13.78% +26.20%
+12.34%/yr
+50.55%
+14.61%/yr
+17.15%
+3.22%/yr
+209.29%
+11.95%/yr
CME
×
−19.60% +14.73%
+7.11%/yr
+23.82%
+7.38%/yr
+4.22%
+0.83%/yr
+140.65%
+9.18%/yr
CBOE
×
+1.56% +37.26%
+17.16%/yr
+66.35%
+18.49%/yr
+77.29%
+12.13%/yr
+199.99%
+11.61%/yr

Annual Returns

Year ICE NDAQ CME CBOE
2026 (YTD) −5.24% −7.99% +2.60% +10.31%
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 +12.06% +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 +189.54% −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%