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 Fri 2026-10-30 Overall
Return 		Exponential
Trendline
SH × 		−93.96%
−15.46%/yr 		−15.37%/yr
R2=0.990
ProShares Short S&P500 Exchange-Traded Fund
SQQQ × 		−100.00%
−46.73%/yr 		−51.08%/yr
R2=0.971
ProShares UltraPro Short QQQ NASDAQ Exchange-Traded Fund

Growth of $10,000 Summary

Thu 2010-02-11💬 to Fri 2026-10-30 Start
Value 		End
Value
SH × 		$10,000.00
2010-02-11 		$604.07
2026-10-30
SQQQ × 		$10,000.00
2010-02-11 		$0.27
2026-10-30

This Year’s Performance

through 2026-10-30

  YTD YoY
SH × 		−10.47% −9.98%
SQQQ × 		−39.17% −36.07%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
SH × 		−94.09%
on 2026-10-30
from 2010-07-02 peak 		−94.27%
on 2026-10-06
from 2010-07-02 peak
SQQQ × 		−100.00%
on 2026-10-30 		−100.00%
on 2026-10-06

Rolling Returns

Period ending Fri 2026-10-30 1 yr 2 yr 3 yr 5 yr 10 yr
SH × 		−9.98% −22.89%
−12.19%/yr 		−42.47%
−16.83%/yr 		−43.07%
−10.66%/yr 		−81.23%
−15.41%/yr
SQQQ × 		−36.07% −74.79%
−49.79%/yr 		−91.51%
−56.05%/yr 		−94.85%
−44.74%/yr 		−99.97%
−55.76%/yr

Annual Returns

Year SH SQQQ
2026 (YTD) −10.47% −39.17%
2025 −13.66% −54.27%
2024 −15.95% −51.20%
2023 −17.56% −74.46%
2022 +11.75% +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% −57.50%
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% —