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 38 whole years, the worst fall within a year averaged -19.5% and took 108 days from peak to trough. The deepest was -52.4% in 2002.
| Year | Worst fall in the year | Peak | Trough | Days | Return |
|---|---|---|---|---|---|
| 2026to date | -12.3%Correction | Jan 13, 202625,421 | Mar 27, 202622,301 | 73 days | +3.6% |
| 2025 | -16.0%Correction | Mar 6, 202523,419 | Apr 9, 202519,671 | 34 days | +23.0% |
| 2024 | -8.1%Pullback | May 15, 202418,869 | Aug 5, 202417,339 | 82 days | +18.8% |
| 2023 | -10.8%Correction | Jul 28, 202316,470 | Oct 27, 202314,687 | 91 days | +20.3% |
| 2022 | -26.4%Bear market | Jan 5, 202216,272 | Sep 29, 202211,976 | 267 days | -12.3% |
| 2021 | -7.1%Pullback | Nov 17, 202116,251 | Nov 30, 202115,100 | 13 days | +15.8% |
| 2020 | -38.8%Bear market | Feb 19, 202013,789 | Mar 18, 20208,442 | 28 days | +3.5% |
| 2019 | -9.6%Pullback | Jul 4, 201912,630 | Aug 15, 201911,413 | 42 days | +25.5% |
| 2018 | -23.4%Bear market | Jan 23, 201813,560 | Dec 27, 201810,382 | 338 days | -18.3% |
| 2017 | -7.3%Pullback | Jun 19, 201712,889 | Aug 29, 201711,946 | 71 days | +12.5% |