SDS monthly performance report
Check SDS's monthly returns, drawdown, and seasonality trends — updated every month.
SDS monthly report
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Key takeaways
- SDS (SDS) closed September 2026 at $55.28, up 1.43% for the month and −26.10% over the trailing 12 months.
- Year-to-date, SDS is −19.29%, underperforming the S&P 500 which has returned +11.83% YTD.
- The stock is trading −12.65% versus its 200-day moving average ($63.28), a cautious technical signal.
- Over the past three years, SDS has underperformed the S&P 500 by −140.28%, with a relative strength index reading of 18.5.
- Win rate over the trailing 39 months stands at 33.3% — 13 positive months versus 26 negative months.
SDS ended September 2026 at $55.28, posting a monthly return of +1.43%. The S&P 500 returned −0.58% over the same window, leaving relative performance at +2.01%.
The current quarter stands at −2.80% (Q3 2026 (QTD)), while medium-term trend remains soft: price is −12.65% versus the 200-day moving average ($63.28).
Year-to-date, SDS is −19.29% against SPY +11.83%, a gap of −31.12%. The stock is currently −31.32% below its 52-week high, with maximum 3-year drawdown at −73.93%.
| Period | SDS | S&P 500 (SPY) | Excess return |
|---|---|---|---|
| 1 Day | −2.23% | +1.13% | −3.36% |
| 1 Week | −1.16% | +0.63% | −1.79% |
| 1 Month | +1.43% | −0.58% | +2.01% |
| 3 Months | −1.93% | +1.64% | −3.57% |
| 6 Months | −23.86% | +15.15% | −39.00% |
| YTD | −19.29% | +11.83% | −31.12% |
| 12 Months | −26.10% | +15.69% | −41.79% |
| 3 Years | −68.28% | +72.00% | −140.28% |
| Rank | Month | Return |
|---|---|---|
| #1 | Mar 2025 | +10.85% |
| #2 | Mar 2026 | +10.19% |
| #3 | Sep 2023 | +9.63% |
| #4 | Apr 2024 | +9.41% |
| #5 | Oct 2023 | +5.15% |
| Rank | Month | Return |
|---|---|---|
| #1 | Apr 2026 | −17.78% |
| #2 | Nov 2023 | −15.30% |
| #3 | May 2025 | −11.26% |
| #4 | Nov 2024 | −10.24% |
| #5 | Jun 2025 | −9.76% |
| Quarter | Return |
|---|---|
| Q2 2025 | −22.41% |
| Q3 2025 | −13.21% |
| Q4 2025 | −5.20% |
| Q1 2026 | +9.87% |
| Q2 2026 | −24.43% |
| Q3 2026 (QTD) | −2.80% |
| Year | Return |
|---|---|
| 2023 | −34.91% |
| 2024 | −34.26% |
| 2025 | −30.36% |
| 2026 | −19.29% |
| Metric | Value |
|---|---|
| 52-Week High | $80.49 (2026-03-30) |
| 52-Week Low | $52.54 (2026-08-13) |
| Current Price | $55.28 |
| 200-Day Moving Average | $63.28 |
| Price vs 200DMA | −12.65% |
| 3-Year Maximum Drawdown | −73.93% (2026-08-13) |
| Current Drawdown from 52W High | −31.32% |
| RS metric | Value |
|---|---|
| RS Index (3-year, rebased to 100) | 18.5 |
| 3-Year Excess Return vs S&P 500 | −140.28% |
| RS Peak | 125.6 (Oct 2023) |
| RS Trough | 17.3 (Aug 2026) |
| Status | Underperforming Benchmark |
Frequently asked questions
What was SDS's return for this report period?
SDS returned +1.43% in the latest monthly window ending 2026-09-17.
Has SDS outperformed SPY year to date?
YTD SDS: −19.29% vs SPY: +11.83%.
What is SDS's 12-month return?
−26.10% over the trailing 12 months.
Is SDS above or below its 200-day moving average?
Price is −12.65% versus 200DMA ($63.28).
What is the maximum drawdown in the 3-year window?
−73.93% on 2026-08-13.