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 2026-09-30 Overall
Return 		Exponential
Trendline
SH × 		−94.01%
−15.57%/yr 		−15.38%/yr
R2=0.990
ProShares Short S&P500 Exchange-Traded Fund
SQQQ × 		−100.00%
−47.49%/yr 		−51.04%/yr
R2=0.970
ProShares UltraPro Short QQQ NASDAQ Exchange-Traded Fund

Growth of $10,000 Summary

Thu 2010-02-11💬 to Wed 2026-09-30 Start
Value 		End
Value
SH × 		$10,000.00
2010-02-11 		$599.24
2026-09-30
SQQQ × 		$10,000.00
2010-02-11 		$0.22
2026-09-30

This Year’s Performance

through 2026-09-30

  YTD YoY
SH × 		−11.19% −12.06%
SQQQ × 		−49.66% −53.57%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
SH × 		−94.13%
on 2026-09-30
from 2010-07-02 peak 		−94.25%
on 2026-08-13
from 2010-07-02 peak
SQQQ × 		−100.00%
on 2026-09-30 		−100.00%
on 2026-09-22

Rolling Returns

Period ending Wed 2026-09-30 1 yr 2 yr 3 yr 5 yr 10 yr
SH × 		−12.06% −23.94%
−12.79%/yr 		−40.90%
−16.08%/yr 		−47.75%
−12.18%/yr 		−81.08%
−15.34%/yr
SQQQ × 		−53.57% −80.09%
−55.38%/yr 		−92.43%
−57.69%/yr 		−96.67%
−49.37%/yr 		−99.98%
−56.44%/yr

Annual Returns

Year SH SQQQ
2026 (YTD) −11.19% −49.66%
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% —