ProShares Equities for Rising Rates ETF (EQRR) Performance
EQRR total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +35.4% since Dec 31, 2025
- 1 year
- +38.4% total return
- 5 years
- +12.8% a year
- Since first price
- +10.8% a year since 2017
EQRR trailing returns vs SPY, QQQ, AGG
| Period | EQRR total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +1.5% | +1.5% | −1.0% | −5.0% | +0.9% |
| 3 months | +7.9% | +7.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +17.4% | +16.8% | +7.8% | +8.4% | −1.5% |
| YTD | +35.4% | +34.3% | +12.3% | +15.1% | −1.0% |
| 1 year | +38.4% | +36.8% | +14.4% | +15.9% | −1.1% |
| 3 years | +90.0%+23.9%/yr | +79.6% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +82.6%+12.8%/yr | +64.2% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionJul 25, 2017 | +158.7%+10.8%/yr | +112.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: EQRR vs SPY
From Jul 25, 2017: EQRR grew to $25,867, SPY to $35,429.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
EQRR returns by calendar year
6 of 8 full years positive. Best 2021 (+36.1%), worst 2018 (−18.6%). 2026 is year to date.
EQRR annual returns table
| Year | EQRR | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +35.4% | −4.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +15.5% | −15.2% | +17.7% | +20.8% | +7.2% |
| 2024 | +7.7% | −10.8% | +24.9% | +25.6% | +1.3% |
| 2023 | +9.2% | −18.8% | +26.2% | +54.9% | +5.7% |
| 2022 | +2.2% | −21.8% | −18.2% | −32.6% | −13.0% |
| 2021 | +36.1% | −11.8% | +28.7% | +27.4% | −1.8% |
| 2020 | −10.1% | −52.4% | +18.3% | +48.6% | +7.5% |
| 2019 | +19.6% | −17.3% | +31.2% | +39.0% | +8.5% |
| 2018 | −18.6% | −29.2% | −4.6% | −0.1% | +0.1% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
EQRR largest drawdowns
Now 1.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Aug 29, 2018 | −57.9% | Mar 18, 2020 | Apr 29, 2021 | 1.6 years | 2.7 years |
| Jun 7, 2022 | −21.8% | Jul 14, 2022 | Jan 13, 2023 | 37 days | 7 months |
| Feb 7, 2023 | −18.8% | May 16, 2023 | Jan 30, 2024 | 3 months | 12 months |
| Nov 29, 2024 | −17.8% | Apr 8, 2025 | Aug 22, 2025 | 4 months | 9 months |
| Jun 8, 2021 | −11.8% | Jul 19, 2021 | Oct 15, 2021 | 41 days | 4 months |
| Apr 5, 2024 | −10.8% | Aug 5, 2024 | Nov 18, 2024 | 4 months | 7 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
EQRR risk statistics
| Statistic | 3 years | 5 years | Since 2017 |
|---|---|---|---|
| Annualized return | +20.7% | +13.9% | +10.7% |
| Volatility (annualized) | 14.3% | 20.3% | 24.9% |
| Sharpe ratio | 1.09 | 0.57 | 0.44 |
| Sortino ratio | 1.85 | 0.89 | 0.64 |
| Best month | +8.5% | +18.6% | +27.5% |
| Worst month | −9.0% | −15.5% | −30.0% |
| Best 12 months | +40.7% | +40.7% | +96.0% |
| Worst 12 months | −3.4% | −12.7% | −40.5% |
| Positive months | 72% | 63% | 63% |
| Beta vs S&P 500 | 0.74 | 0.94 | — |
| Correlation with S&P 500 | 0.64 | 0.72 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
EQRR rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 100 | −40.5% | +9.0% | +96.0% | 64% |
| 3-year (a year) | 76 | −10.2% | +10.0% | +30.3% | 91% |
| 5-year (a year) | 52 | +0.5% | +10.7% | +22.7% | 100% |
Every holding period starting at a month-end since 2017. Returns for 3 years and longer are annualized.
EQRR performance overview
ProShares Equities for Rising Rates ETF (EQRR) returned +38.4% over the past year and +12.8% a year over five years, with distributions reinvested. Since its first recorded price in 2017 it has returned +10.8% a year, turning $10,000 into about $25,867. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −57.9%, from Aug 29, 2018 to Mar 18, 2020, and it took 1.1 years to get back to the old high. EQRR finished 6 of its 8 full calendar years with a gain; the best year was 2021 (+36.1%) and the worst 2018 (−18.6%). Volatility has been 24.9% a year.
Related: EQRR chart, EQRR holdings, EQRR dividends, EQRR valuation. See the EQRR overview for the latest quote and fund facts.
EQRR performance FAQ
What is the EQRR return over the past year?
EQRR returned +38.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 36.8%.
What is the average annual return of EQRR?
EQRR has returned +12.8% a year over 5 years, +10.8% a year since July 25, 2017 (total return, distributions reinvested).
How much would $10,000 invested in EQRR be worth?
$10,000 invested in EQRR at its first recorded close on July 25, 2017 would be worth about $25,867 on October 23, 2026 with distributions reinvested.
What was the worst year for EQRR?
The worst calendar year was 2018, with a total return of −18.6%. The best was 2021 at +36.1%.
What is the biggest drawdown of EQRR?
The largest peak-to-trough decline was −57.9% between August 29, 2018 and March 18, 2020. It recovered to the old high on April 29, 2021, 1.1 years after the bottom.
How volatile is EQRR?
Over the past 3 years EQRR had an annualized volatility of 14.3% and a Sharpe ratio of 1.09 (excess return over 1–3 month T-bills per unit of risk).