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

Total Real Returns

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

Growth of $10,000

Thu 2023-09-14💬 to Fri 2026-08-14 Overall
Return 		Exponential
Trendline
VOO × 		+64.87%
+18.70%/yr 		+17.14%/yr
R2=0.905
Vanguard S&P 500 ETF Exchange-Traded Fund
PPA × 		+110.00%
+28.98%/yr 		+29.27%/yr
R2=0.954
Invesco Aerospace & Defense ETF Exchange-Traded Fund
SHLD × 		+166.01%
+39.87%/yr 		+46.26%/yr
R2=0.911
Global X Defense Tech ETF Exchange-Traded Fund

Growth of $10,000 Summary

Thu 2023-09-14💬 to Fri 2026-08-14 Start
Value 		End
Value
VOO × 		$10,000.00
2023-09-14 		$16,486.57
2026-08-14
PPA × 		$10,000.00
2023-09-14 		$21,000.29
2026-08-14
SHLD × 		$10,000.00
2023-09-14 		$26,601.16
2026-08-14

This Year’s Performance

through 2026-08-14

  YTD YoY
VOO × 		+10.96% +17.84%
PPA × 		+14.66% +22.38%
SHLD × 		+6.27% +10.00%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
VOO × 		−0.20%
on 2026-08-14
from 2026-08-13 peak 		−19.06%
on 2025-04-08
from 2025-02-19 peak
PPA × 		−2.35%
on 2026-08-14
from 2026-03-02 peak 		−16.39%
on 2025-04-04
from 2024-11-11 peak
SHLD × 		−11.46%
on 2026-08-14
from 2026-01-16 peak 		−27.42%
on 2026-06-25
from 2026-01-16 peak

Rolling Returns

Period ending Fri 2026-08-14 1 yr 2 yr 3 yr 5 yr 10 yr
VOO × 		+17.84% +37.72%
+17.36%/yr 		+65.15%
+18.20%/yr 		+52.71%
+8.84%/yr 		+202.35%
+11.70%/yr
PPA × 		+22.38% +61.67%
+27.15%/yr 		+102.43%
+26.50%/yr 		+111.22%
+16.13%/yr 		+270.91%
+14.01%/yr
SHLD × 		+10.00% +85.18%
+36.08%/yr 		— — —

Annual Returns

Year VOO PPA SHLD
2026 (YTD) +10.96% +14.66% +6.27%
2025 +14.75% +33.57% +69.62%
2024 +21.47% +21.77% +31.25%
2023 +22.23% +14.58% +12.44%
2022 −23.14% +2.86% —
2021 +20.33% +0.05% —
2020 +16.73% −0.90% —
2019 +28.43% +36.51% —
2018 −6.29% −9.24% —
2017 +19.25% +27.41% —
2016 +9.89% +16.84% —
2015 +0.59% +3.26% —
2014 +12.71% +11.87% —
2013 +30.43% +48.11% —
2012 +14.02% +15.63% —
2011 −1.04% −4.49% —
2010 +14.35% +8.94% —
2009 — +19.77% —
2008 — −37.43% —
2007 — +17.48% —
2006 — +17.07% —
2005 — +5.18% —