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 32 whole years, the worst fall within a year averaged -14.9% and took 92 days from peak to trough. The deepest was -47.9% in 2008.
| Year | Worst fall in the year | Peak | Trough | Days | Return |
|---|---|---|---|---|---|
| 2026to date | -9.1%Pullback | Jan 27, 2026695.49 | Mar 30, 2026631.97 | 62 days | +11.9% |
| 2025 | -19.0%Correction | Feb 19, 2025612.93 | Apr 8, 2025496.48 | 48 days | +16.4% |
| 2024 | -8.4%Pullback | Jul 16, 2024564.86 | Aug 5, 2024517.38 | 20 days | +23.3% |
| 2023 | -10.3%Correction | Jul 31, 2023457.79 | Oct 27, 2023410.68 | 88 days | +24.3% |
| 2022 | -25.4%Bear market | Jan 3, 2022477.71 | Oct 12, 2022356.56 | 282 days | -19.5% |
| 2021 | -5.4%Pullback | Sep 2, 2021453.19 | Oct 4, 2021428.64 | 32 days | +27.0% |
| 2020 | -34.1%Bear market | Feb 19, 2020338.34 | Mar 23, 2020222.95 | 33 days | +16.2% |
| 2019 | -6.6%Pullback | May 3, 2019294.03 | Jun 3, 2019274.57 | 31 days | +28.8% |
| 2018 | -20.2%Bear market | Sep 20, 2018293.58 | Dec 24, 2018234.34 | 95 days | -6.3% |
| 2017 | -3.0%Minor dip | Mar 1, 2017239.78 | Apr 13, 2017232.51 | 43 days | +19.4% |