Drawdown from all-time high
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That is why a deep fall and a positive return can share a row: the fall measures the worst stretch along the way, the return where the year ended or stands today.
Over 28 whole years, the worst fall within a year averaged -32.6% and took 120 days from peak to trough. The deepest was -83.0% in 2000.
| Year | Worst fall in the year | Peak | Trough | Days | Return |
|---|---|---|---|---|---|
| 2026to date | -19.6%Correction | Jan 9, 2026247.38 | Feb 13, 2026198.79 | 35 days | +8.3% |
| 2025 | -30.9%Bear market | Feb 4, 2025242.06 | Apr 21, 2025167.32 | 76 days | +5.2% |
| 2024 | -19.5%Correction | Jul 2, 2024200.00 | Aug 5, 2024161.02 | 34 days | +44.4% |
| 2023 | -19.6%Correction | Feb 2, 2023112.91 | Mar 10, 202390.73 | 36 days | +80.9% |
| 2022 | -52.0%Bear market | Jan 3, 2022170.40 | Dec 28, 202281.82 | 359 days | -49.6% |
| 2021 | -14.6%Correction | Jul 8, 2021186.57 | Aug 19, 2021159.39 | 42 days | +2.4% |
| 2020 | -22.7%Bear market | Feb 19, 2020108.51 | Mar 12, 202083.83 | 22 days | +76.3% |
| 2019 | -15.6%Correction | Jul 15, 2019101.05 | Oct 8, 201985.28 | 85 days | +23.0% |
| 2018 | -34.1%Bear market | Sep 4, 2018101.98 | Dec 24, 201867.20 | 111 days | +28.4% |
| 2017 | -10.8%Correction | Jul 26, 201752.64 | Sep 26, 201746.93 | 62 days | +56.0% |