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 56 whole years, the worst fall within a year averaged -14.6% and took 103 days from peak to trough. The deepest was -48.0% in 2008.
| Year | Worst fall in the year | Peak | Trough | Days | Return |
|---|---|---|---|---|---|
| 2026to date | -9.1%Pullback | Jan 27, 20266,979 | Mar 30, 20266,344 | 62 days | +11.9% |
| 2025 | -18.9%Correction | Feb 19, 20256,144 | Apr 8, 20254,983 | 48 days | +16.4% |
| 2024 | -8.5%Pullback | Jul 16, 20245,667 | Aug 5, 20245,186 | 20 days | +23.3% |
| 2023 | -10.3%Correction | Jul 31, 20234,589 | Oct 27, 20234,117 | 88 days | +24.2% |
| 2022 | -25.4%Bear market | Jan 3, 20224,797 | Oct 12, 20223,577 | 282 days | -19.4% |
| 2021 | -5.2%Pullback | Sep 2, 20214,537 | Oct 4, 20214,300 | 32 days | +26.9% |
| 2020 | -33.9%Bear market | Feb 19, 20203,386 | Mar 23, 20202,237 | 33 days | +16.3% |
| 2019 | -6.8%Pullback | Apr 30, 20192,946 | Jun 3, 20192,744 | 34 days | +28.9% |
| 2018 | -19.8%Correction | Sep 20, 20182,931 | Dec 24, 20182,351 | 95 days | -6.2% |
| 2017 | -2.8%Minor dip | Mar 1, 20172,396 | Apr 13, 20172,329 | 43 days | +19.4% |