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

Total Real Returns

SH vs. SQQQ: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

Growth of $10,000

Thu 2010-02-11💬 to Wed 2026-08-26 Overall
Return 		Exponential
Trendline
SH × 		−94.08%
−15.71%/yr 		−15.42%/yr
R2=0.990
ProShares Short S&P500 Exchange-Traded Fund
SQQQ × 		−100.00%
−47.25%/yr 		−50.95%/yr
R2=0.970
ProShares UltraPro Short QQQ NASDAQ Exchange-Traded Fund

Growth of $10,000 Summary

Thu 2010-02-11💬 to Wed 2026-08-26 Start
Value 		End
Value
SH × 		$10,000.00
2010-02-11 		$592.29
2026-08-26
SQQQ × 		$10,000.00
2010-02-11 		$0.25
2026-08-26

This Year’s Performance

through 2026-08-26

  YTD YoY
SH × 		−11.55% −15.08%
SQQQ × 		−42.99% −54.18%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
SH × 		−94.20%
on 2026-08-26
from 2010-07-02 peak 		−94.29%
on 2026-08-13
from 2010-07-02 peak
SQQQ × 		−100.00%
on 2026-08-26 		−100.00%
on 2026-06-15

Rolling Returns

Period ending Wed 2026-08-26 1 yr 2 yr 3 yr 5 yr 10 yr
SH × 		−15.08% −25.79%
−13.86%/yr 		−39.37%
−15.36%/yr 		−46.77%
−11.85%/yr 		−81.39%
−15.48%/yr
SQQQ × 		−54.18% −79.38%
−54.60%/yr 		−91.03%
−55.24%/yr 		−95.84%
−47.05%/yr 		−99.97%
−56.20%/yr

Annual Returns

Year SH SQQQ
2026 (YTD) −11.55% −42.99%
2025 −13.66% −54.27%
2024 −15.95% −51.20%
2023 −17.56% −74.46%
2022 +10.90% +71.32%
2021 −29.19% −63.44%
2020 −26.09% −86.58%
2019 −23.86% −66.68%
2018 +2.96% −22.32%
2017 −19.07% −59.53%
2016 −14.23% −31.55%
2015 −4.87% −37.95%
2014 −14.32% −48.40%
2013 −26.96% −56.89%
2012 −17.22% −1.70%
2011 −10.48% −2.88%
2010 −17.82% −1.13%
2009 −28.95% —
2008 +38.68% —
2007 −2.64% —
2006 −7.81% —