SPY vs SQQQ: SPDR S&P 500 ETF Trust vs ProShares UltraPro Short QQQ Historical Returns & Investment Comparison
This SPY vs SQQQ comparison analyzes the historical stock performance of SPDR S&P 500 ETF Trust and ProShares UltraPro Short QQQ side-by-side. Using real, adjusted market data, this tool shows how identical investments in both stocks would have performed over time—highlighting differences in returns, volatility, and consistency across market cycles.
Use the interactive calculator below to adjust the investment amount and time period, visualizing how SPDR S&P 500 ETF Trust and ProShares UltraPro Short QQQ have historically performed against each other.
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Performance Summary
$10,000 invested from 1993 to 2025 (33 years)
Head-to-Head Record
Over the 16-year comparison period, SPDR S&P 500 ETF Trust outperformed ProShares UltraPro Short QQQ in 14 years, while ProShares UltraPro Short QQQ outperformed SPDR S&P 500 ETF Trust in 2 years.
SPY - SPDR S&P 500 ETF Trust
SQQQ - ProShares UltraPro Short QQQ
Overall Winner: SPY with an average annual return of 11.71% (vs -32.40% for SQQQ)
Understanding SPY vs SQQQ Performance
When comparing SPDR S&P 500 ETF Trust and ProShares UltraPro Short QQQ, investors should consider multiple factors beyond just total returns. Volatility, consistency of growth, dividend payments, and sector-specific risks all play crucial roles in determining which stock might be better suited for your investment strategy and risk tolerance.
Historical performance data shows how each stock responded to market downturns, economic expansions, and company-specific events. While past performance doesn't guarantee future results, understanding these patterns can help inform investment decisions and portfolio allocation strategies.
Cumulative Growth Comparison
A $10,000 investment in SPDR S&P 500 ETF Trust grew to $250,597, compared to $0 for ProShares UltraPro Short QQQ over the same period.
Year-by-Year Comparison
| Year | SPY Return | SPY Cumulative | SQQQ Return | SQQQ Cumulative | Difference | Winner |
|---|---|---|---|---|---|---|
| 1993 (Start) | - | $10,000.00 | - | $10,000.00 | - | Initial Investment |
| 1994 | +8.71% | $10,870.91 | - | - | - | Tie |
| 1995 | +0.67% | $10,943.47 | - | - | - | Tie |
| 1996 | +37.39% | $15,035.16 | - | - | - | Tie |
| 1997 | +21.20% | $18,223.19 | - | - | - | Tie |
| 1998 | +33.14% | $24,261.81 | - | - | - | Tie |
| 1999 | +28.03% | $31,063.11 | - | - | - | Tie |
| 2000 | +20.66% | $37,482.18 | - | - | - | Tie |
| 2001 | -8.85% | $34,165.23 | - | - | - | Tie |
| 2002 | -10.13% | $30,703.75 | - | - | - | Tie |
| 2003 | -22.42% | $23,820.14 | - | - | - | Tie |
| 2004 | +24.18% | $29,580.86 | - | - | - | Tie |
| 2005 | +10.75% | $32,760.13 | - | - | - | Tie |
| 2006 | +5.32% | $34,504.59 | - | - | - | Tie |
| 2007 | +13.84% | $39,281.03 | - | - | - | Tie |
| 2008 | +5.33% | $41,375.53 | - | - | - | Tie |
| 2009 | -36.24% | $26,382.38 | - | - | - | Tie |
| 2010 | +22.65% | $32,359.23 | - | - | - | Tie |
| 2011 | +13.14% | $36,610.39 | -59.50% | $4,050.40 | +72.63% (SPY) | SPY |
| 2012 | +0.85% | $36,922.44 | -33.84% | $2,679.85 | +34.69% (SPY) | SPY |
| 2013 | +14.17% | $42,154.69 | -45.47% | $1,461.38 | +59.64% (SPY) | SPY |
| 2014 | +29.00% | $54,380.19 | -60.89% | $571.57 | +89.89% (SPY) | SPY |
| 2015 | +14.56% | $62,298.86 | -49.18% | $290.46 | +63.74% (SPY) | SPY |
| 2016 | +1.29% | $63,101.60 | -37.90% | $180.39 | +39.18% (SPY) | SPY |
| 2017 | +13.59% | $71,674.43 | -34.26% | $118.59 | +47.84% (SPY) | SPY |
| 2018 | +20.78% | $86,569.38 | -57.63% | $50.25 | +78.41% (SPY) | SPY |
| 2019 | -5.25% | $82,026.91 | -16.57% | $41.92 | +11.32% (SPY) | SPY |
| 2020 | +31.09% | $107,527.02 | -65.38% | $14.51 | +96.47% (SPY) | SPY |
| 2021 | +17.24% | $126,059.55 | -85.71% | $2.07 | +102.94% (SPY) | SPY |
| 2022 | +30.51% | $164,514.60 | -62.50% | $0.78 | +93.01% (SPY) | SPY |
| 2023 | -18.65% | $133,838.54 | +88.75% | $1.47 | -107.40% (SQQQ) | SQQQ |
| 2024 | +26.71% | $169,585.78 | -74.15% | $0.38 | +100.86% (SPY) | SPY |
| 2025 | +25.59% | $212,981.61 | -52.24% | $0.18 | +77.83% (SPY) | SPY |
| 2026 | +17.66% | $250,597.02 | +128.04% | $0.41 | -110.38% (SQQQ) | SQQQ |
Annual returns include dividends and stock splits. Cumulative values show growth of $10,000 invested from the first year. Positive difference means SPY outperformed SQQQ that year.
Company Profiles
SPDR S&P 500 ETF Trust
SPY
SPY is the first exchange-traded fund (ETF) listed in the US. It is designed to track the S&P 500 Index, which measures the performance of the large-cap segment of the US equity market.
Key Innovations
- ✓First US-listed ETF
Business Segments
- ETFPassive investment vehicle tracking the S&P 500.
ProShares UltraPro Short QQQ
SQQQ
SQQQ seeks daily investment results, before fees and expenses, that correspond to three times the inverse (-3x) of the daily performance of the Nasdaq-100 Index.
Business Segments
- ETFInverse Leveraged Nasdaq-100 Equities
How This Comparison Works
Our stock comparison tool uses adjusted closing prices to calculate year-by-year returns for both stocks. This ensures an apples-to-apples comparison that accounts for:
- ✓Dividends: All dividend payments are reinvested
- ✓Stock splits: Historical prices are adjusted for all splits
- ✓Head-to-head record: Shows which stock outperformed each year
- ✓Statistical analysis: Average returns, best/worst years, and win rates
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Important Disclaimer
This comparison tool is for educational and informational purposes only and does not constitute financial, investment, or trading advice. Past performance is not indicative of future results. Historical returns include dividends and stock splits but do not account for taxes, fees, inflation, or individual circumstances. Stock market investments carry risk, including the potential loss of principal. Always consult with a qualified financial advisor before making investment decisions. The data presented is based on historical market data and may contain inaccuracies or delays.