Survivorship in the universe: names trading each year, share still listed in July 2026, and median return
Answered against 22 years of US equities and 12 years of US options data and published with the query that produced it. This result is stored as of 2026-07-31, from Look-Ahead Bias: The Backtest Killer.
| year | names_trading | still_listed_pct | median_return_all_pct | median_return_survivors_pct | survivor_gap_pp |
|---|---|---|---|---|---|
| 2015 | 7063 | 52.5 | -5.39 | -5.29 | 0.09 |
| 2016 | 7009 | 55.4 | 7.65 | 10.85 | 3.2 |
| 2017 | 7092 | 57.7 | 7.51 | 11.32 | 3.81 |
| 2018 | 7245 | 61.1 | -13.67 | -13.03 | 0.64 |
| 2019 | 7605 | 63.4 | 14.1 | 17.04 | 2.94 |
| 2020 | 7745 | 67.9 | 1.06 | 2.74 | 1.68 |
| 2021 | 8506 | 69.1 | 6.88 | 10.47 | 3.59 |
| 2022 | 9217 | 73.5 | -20.26 | -19.95 | 0.31 |
| 2023 | 9013 | 80.8 | 4.65 | 5.78 | 1.13 |
| 2024 | 9257 | 87.5 | 2.24 | 2.9 | 0.66 |
- Rows × columns
- 10 × 6
- Computed
- Completeness
- No missing values
- Source
- US exchange, SIP and OPRA market data
- Licence
- Strasmore terms · free, no signup
What each column holds
| Column | Type | Range | Notes |
|---|---|---|---|
year |
number | 2,015 to 2,024 | |
names_trading |
number | 7,009 to 9,257 | |
still_listed_pct |
number | 52.5 to 87.5 | percent |
median_return_all_pct |
number | -20.26 to 14.1 | percent |
median_return_survivors_pct |
number | -19.95 to 17.04 | percent |
survivor_gap_pp |
number | 0.09 to 3.81 |
Computed from Strasmore's warehouse of US exchange, SIP and OPRA market data. Equity prices are delayed; options greeks and implied volatility are end-of-day. This result is stored, not recomputed on load — it is exactly the numbers that were returned on , and the query below is what returned them.
Run it yourself
This is the exact query behind the result above. Change a ticker, a date or a column and run it against the warehouse — no account, no key. The no-signup tier is smaller than the one this page was computed on; a query that reaches past it comes back saying which plan runs it.
WITH recent AS (
SELECT DISTINCT ticker
FROM global_markets.stocks_daily_aggs
WHERE date >= toDate('2026-06-15')
AND date <= toDate('2026-07-28')
),
per_name AS (
SELECT toYear(date) AS year,
ticker,
argMin(toFloat64(close), date) AS first_close,
argMax(toFloat64(close), date) AS last_close,
count() AS sessions
FROM global_markets.stocks_daily_aggs
WHERE date >= toDate('2015-01-01')
AND date <= toDate('2024-12-31')
AND close > 1
GROUP BY year, ticker
HAVING sessions >= 200
)
SELECT year,
uniqExact(ticker) AS names_trading,
round(100 * uniqExactIf(ticker, ticker IN (SELECT ticker FROM recent)) / uniqExact(ticker), 1) AS still_listed_pct,
round(100 * quantileDeterministic(0.5)(last_close / first_close - 1, cityHash64(ticker)), 2) AS median_return_all_pct,
round(100 * quantileDeterministicIf(0.5)(last_close / first_close - 1, cityHash64(ticker), ticker IN (SELECT ticker FROM recent)), 2) AS median_return_survivors_pct,
round(100 * (quantileDeterministicIf(0.5)(last_close / first_close - 1, cityHash64(ticker), ticker IN (SELECT ticker FROM recent))
- quantileDeterministic(0.5)(last_close / first_close - 1, cityHash64(ticker))), 2) AS survivor_gap_pp
FROM per_name
GROUP BY year
ORDER BY year
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