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

Total Real Returns

SPY vs. ADX vs. CSQ: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

Growth of $10,000

Fri 2004-03-26💬 to Fri 2026-10-23 Overall
Return 		Exponential
Trendline
SPY × 		+472.51%
+8.04%/yr 		+8.58%/yr
R2=0.903
State Street SPDR S&P 500 ETF Trust Exchange-Traded Fund
ADX × 		+425.31%
+7.62%/yr 		+7.44%/yr
R2=0.880
Adams Diversified Equity Closed Fund NYSE Mutual Fund
CSQ × 		+379.85%
+7.19%/yr 		+8.61%/yr
R2=0.864
Calamos Strategic Total Return Closed Fund NASDAQ Mutual Fund

Growth of $10,000 Summary

Fri 2004-03-26💬 to Fri 2026-10-23 Start
Value 		End
Value
SPY × 		$10,000.00
2004-03-26 		$57,250.84
2026-10-23
ADX × 		$10,000.00
2004-03-26 		$52,531.45
2026-10-23
CSQ × 		$10,000.00
2004-03-26 		$47,984.77
2026-10-23

This Year’s Performance

through 2026-10-23

  YTD YoY
SPY × 		+7.77% +9.89%
ADX × 		+10.54% +15.37%
CSQ × 		+4.63% +8.18%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
SPY × 		−3.03%
on 2026-10-23
from 2026-08-13 peak 		−55.97%
on 2009-03-09
from 2007-10-09 peak
ADX × 		−5.30%
on 2026-10-23
from 2026-08-12 peak 		−55.35%
on 2009-03-09
from 2007-10-09 peak
CSQ × 		−5.96%
on 2026-10-23
from 2026-09-22 peak 		−68.10%
on 2008-11-20
from 2007-05-22 peak

Rolling Returns

Period ending Fri 2026-10-23 1 yr 2 yr 3 yr 5 yr 10 yr
SPY × 		+9.89% +25.70%
+12.12%/yr 		+70.76%
+19.53%/yr 		+46.52%
+7.94%/yr 		+197.57%
+11.52%/yr
ADX × 		+15.37% +39.02%
+17.91%/yr 		+96.51%
+25.25%/yr 		+50.01%
+8.45%/yr 		+212.82%
+12.08%/yr
CSQ × 		+8.18% +21.69%
+10.31%/yr 		+70.69%
+19.51%/yr 		+27.77%
+5.02%/yr 		+210.25%
+11.99%/yr

Annual Returns

Year SPY ADX CSQ
2026 (YTD) +7.77% +10.54% +4.63%
2025 +14.65% +22.74% +13.26%
2024 +21.39% +24.71% +24.56%
2023 +22.09% +27.23% +16.93%
2022 −23.15% −24.69% −28.83%
2021 +20.27% +6.04% +22.21%
2020 +16.74% +15.00% +24.58%
2019 +28.29% +33.70% +35.77%
2018 −6.35% −5.38% −6.62%
2017 +19.19% +26.93% +25.40%
2016 +9.73% −1.39% +12.49%
2015 +0.50% −5.89% −5.63%
2014 +12.61% +12.98% +13.39%
2013 +30.35% +29.98% +18.57%
2012 +14.01% +15.10% +25.84%
2011 −1.04% −7.04% −6.01%
2010 +13.36% +10.24% +12.11%
2009 +23.01% +28.39% +52.65%
2008 −36.85% −38.89% −49.48%
2007 +1.01% +5.28% −6.57%
2006 +13.00% +15.09% +22.53%
2005 +1.35% −1.16% +0.57%
2004 +7.21% +9.53% −3.96%
2003 +25.82% +22.93% —
2002 −23.41% −22.53% —
2001 −13.10% −25.92% —
2000 −12.70% −1.82% —
1999 +17.24% +32.80% —
1998 +26.65% +17.50% —
1997 +31.24% +30.79% —
1996 +18.63% +12.68% —
1995 +34.61% +26.38% —
1994 −2.22% −12.46% —
1993 +6.22% −5.40% —
1992 — +11.06% —
1991 — +36.16% —
1990 — −8.28% —
1989 — +4.36% —
1988 — −2.11% —
1987 — −10.80% —
1986 — +21.14% —
1985 — +26.26% —
1984 — −9.87% —
1983 — −0.88% —
1982 — +10.66% —
1981 — −14.56% —
1980 — +33.16% —