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 11 whole years, the worst fall within a year averaged -44.4% and took 120 days from peak to trough. The deepest was -81.5% in 2018.
| Year | Worst fall in the year | Peak | Trough | Days | Return |
|---|---|---|---|---|---|
| 2026to date | -39.6%Correction | Jan 14, 202696,929 | Jun 30, 202658,559 | 167 days | -5.4% |
| 2025 | -32.1%Correction | Oct 6, 2025124,753 | Nov 22, 202584,648 | 47 days | -6.3% |
| 2024 | -26.2%Correction | Mar 13, 202473,084 | Sep 6, 202453,949 | 177 days | +121.1% |
| 2023 | -20.1%Pullback | Jul 13, 202331,476 | Sep 11, 202325,163 | 60 days | +155.4% |
| 2022 | -66.9%Bear market | Jan 1, 202247,687 | Nov 21, 202215,787 | 324 days | -64.3% |
| 2021 | -53.1%Bear market | Apr 13, 202163,503 | Jul 20, 202129,807 | 98 days | +59.7% |
| 2020 | -51.9%Bear market | Feb 12, 202010,326 | Mar 12, 20204,971 | 29 days | +303.2% |
| 2019 | -49.0%Correction | Jun 26, 201913,016 | Dec 17, 20196,641 | 174 days | +92.2% |
| 2018 | -81.5%Bear market | Jan 6, 201817,527 | Dec 15, 20183,237 | 343 days | -73.6% |
| 2017 | -35.5%Correction | Sep 1, 20174,892 | Sep 14, 20173,155 | 13 days | +1,368.9% |