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 35 whole years, the worst fall within a year averaged -18.8% and took 111 days from peak to trough. The deepest was -48.1% in 2008.
| Year | Worst fall in the year | Peak | Trough | Days | Return |
|---|---|---|---|---|---|
| 2026to date | -11.4%Correction | Aug 10, 20268,726 | Oct 8, 20267,730 | 59 days | -3.6% |
| 2025 | -16.4%Correction | Feb 18, 20258,207 | Apr 9, 20256,863 | 50 days | +10.4% |
| 2024 | -13.5%Correction | May 15, 20248,240 | Aug 6, 20247,130 | 83 days | -2.2% |
| 2023 | -10.3%Correction | Apr 21, 20237,577 | Oct 27, 20236,795 | 189 days | +16.5% |
| 2022 | -23.0%Bear market | Jan 5, 20227,376 | Sep 29, 20225,677 | 267 days | -9.5% |
| 2021 | -6.4%Pullback | Aug 13, 20216,896 | Sep 20, 20216,456 | 38 days | +28.9% |
| 2020 | -38.6%Bear market | Feb 19, 20206,111 | Mar 18, 20203,755 | 28 days | -7.1% |
| 2019 | -6.9%Pullback | Jul 4, 20195,621 | Aug 6, 20195,235 | 33 days | +26.4% |
| 2018 | -18.5%Correction | May 22, 20185,640 | Dec 27, 20184,599 | 219 days | -11.0% |
| 2017 | -7.4%Pullback | May 5, 20175,432 | Aug 29, 20175,032 | 116 days | +9.3% |