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

Total Real Returns

ZROZ: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

ZROZ real return snapshot: after CPI-U inflation, ZROZ returned −18.95% over the past year and −16.33% YTD, with dividends reinvested. Since Nov. 4, 2009, ZROZ is down −20.13% in real purchasing-power return, or −1.32%/yr, and is currently −72.95% below its real total-return high on Mar. 9, 2020.

Data ending Thu Oct. 8, 2026

Growth of $10,000

Wed 2009-11-04💬 to Thu 2026-10-08 Overall
Return 		Exponential
Trendline
ZROZ × 		−20.13%
−1.32%/yr 		−0.45%/yr
R2=0.005
PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Exchange-Traded Fund

Growth of $10,000 Summary

Wed 2009-11-04💬 to Thu 2026-10-08 Start
Value 		End
Value
ZROZ × 		$10,000.00
2009-11-04 		$7,987.47
2026-10-08

This Year’s Performance

through 2026-10-08

  YTD YoY
ZROZ × 		−16.33% −18.95%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
ZROZ × 		−72.95%
on 2026-10-08
from 2020-03-09 peak 		−73.47%
on 2026-10-07
from 2020-03-09 peak

Rolling Returns

Period ending Thu 2026-10-08 1 yr 2 yr 3 yr 5 yr 10 yr
ZROZ × 		−18.95% −29.03%
−15.75%/yr 		−16.25%
−5.74%/yr 		−62.51%
−17.82%/yr 		−59.43%
−8.63%/yr

Annual Returns

Year ZROZ
2026 (YTD) −16.33%
2025 −4.40%
2024 −18.50%
2023 −2.09%
2022 −44.85%
2021 −11.45%
2020 +22.90%
2019 +18.51%
2018 −6.40%
2017 +12.39%
2016 −0.00%
2015 −6.81%
2014 +46.63%
2013 −22.09%
2012 −0.76%
2011 +55.74%
2010 +8.32%
2009 −6.17%