SHLD,PPA,VOO: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

Tue 2024-12-31 to Fri 2025-08-01	YTD Return	TRR Price
SHLD ×	+59.16% 2025-08-01	2.349 TRR 2025-08-01
Global X Defense Tech ETF Exchange-Traded Fund
PPA ×	+23.66% 2025-08-01	7.241 TRR 2025-08-01
Invesco Aerospace & Defense ETF Exchange-Traded Fund
VOO ×	+4.21% 2025-08-01	5.026 TRR 2025-08-01
Vanguard S&P 500 ETF Exchange-Traded Fund

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Returns

Tue 2024-12-31 to Fri 2025-08-01	Overall Return	Exponential Trendline
SHLD ×	+59.16% +121.88%/yr	+147.25%/yr (R2=0.966)
Global X Defense Tech ETF Exchange-Traded Fund
PPA ×	+23.66% +43.93%/yr	+50.10%/yr (R2=0.680)
Invesco Aerospace & Defense ETF Exchange-Traded Fund
VOO ×	+4.21% +7.33%/yr	+6.99%/yr (R2=0.049)
Vanguard S&P 500 ETF Exchange-Traded Fund

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Growth of $10,000

Tue 2024-12-31 to Fri 2025-08-01	Start Value	End Value
SHLD ×	$10,000.00 2024-12-31	$15,916.34 2025-08-01
Global X Defense Tech ETF Exchange-Traded Fund
PPA ×	$10,000.00 2024-12-31	$12,365.77 2025-08-01
Invesco Aerospace & Defense ETF Exchange-Traded Fund
VOO ×	$10,000.00 2024-12-31	$10,421.26 2025-08-01
Vanguard S&P 500 ETF Exchange-Traded Fund

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Annual Returns

Year	SHLD	PPA	VOO
2025 (YTD)	+59.16%	+23.66%	+4.21%
2024	+31.26%	+21.77%	+21.47%
2023	+12.42%	+14.58%	+22.23%
2022	—	+2.85%	−23.14%
2021	—	+0.06%	+20.33%
2020	—	−0.90%	+16.73%
2019	—	+36.50%	+28.43%
2018	—	−9.24%	−6.29%
2017	—	+27.41%	+19.25%
2016	—	+16.84%	+9.89%
2015	—	+3.26%	+0.59%
2014	—	+11.86%	+12.71%
2013	—	+48.14%	+30.42%
2012	—	+15.62%	+14.02%
2011	—	−4.48%	−1.05%
2010	—	+8.93%	+14.34%
2009	—	+19.74%	—
2008	—	−37.43%	—
2007	—	+17.46%	—
2006	—	+17.08%	—
2005	—	+5.19%	—

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Drawdowns

Tue 2024-12-31 to Fri 2025-08-01	Current Drawdown	Worst Drawdown
SHLD ×	−1.93%	−10.68% 2025-04-07
Global X Defense Tech ETF Exchange-Traded Fund
PPA ×	−1.59%	−15.38% 2025-04-04
Invesco Aerospace & Defense ETF Exchange-Traded Fund
VOO ×	−2.46%	−19.05% 2025-04-08
Vanguard S&P 500 ETF Exchange-Traded Fund