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 53 whole years, the worst fall within a year averaged -22.4% and took 110 days from peak to trough. The deepest was -47.7% in 2008.
| Year | Worst fall in the year | Peak | Trough | Days | Return |
|---|---|---|---|---|---|
| 2026to date | -23.2%Bear market | Jan 7, 20261,108 | Apr 29, 2026851.21 | 112 days | +17.0% |
| 2025 | -32.7%Bear market | Mar 3, 2025929.72 | Aug 8, 2025625.65 | 158 days | +39.2% |
| 2024 | -24.3%Bear market | Aug 30, 2024960.02 | Nov 18, 2024727.20 | 80 days | +32.4% |
| 2023 | -14.9%Correction | Jan 3, 2023364.99 | Mar 7, 2023310.63 | 63 days | +59.3% |
| 2022 | -13.6%Correction | Jan 3, 2022271.73 | Feb 14, 2022234.69 | 42 days | +32.4% |
| 2021 | -18.7%Correction | Aug 17, 2021272.71 | Sep 28, 2021221.60 | 42 days | +63.6% |
| 2020 | -22.9%Bear market | Jul 8, 2020169.13 | Oct 30, 2020130.46 | 114 days | +28.5% |
| 2019 | -18.5%Correction | Mar 26, 2019131.02 | Jul 19, 2019106.79 | 115 days | +13.6% |
| 2018 | -15.3%Correction | Jan 29, 201887.60 | Feb 8, 201874.21 | 10 days | +37.0% |
| 2017 | -10.7%Correction | Apr 12, 201786.25 | May 22, 201776.98 | 40 days | +14.8% |