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 42 whole years, the worst fall within a year averaged -14.8% and took 109 days from peak to trough. The deepest was -41.6% in 2008.
| Year | Worst fall in the year | Peak | Trough | Days | Return |
|---|---|---|---|---|---|
| 2026to date | -9.3%Pullback | Feb 27, 202610,911 | Mar 23, 20269,894 | 24 days | +8.7% |
| 2025 | -13.4%Correction | Mar 3, 20258,871 | Apr 9, 20257,680 | 37 days | +21.5% |
| 2024 | -5.2%Pullback | May 15, 20248,446 | Aug 5, 20248,008 | 82 days | +5.7% |
| 2023 | -9.5%Pullback | Feb 20, 20238,014 | Jul 7, 20237,257 | 137 days | +3.8% |
| 2022 | -11.0%Correction | Feb 10, 20227,672 | Oct 12, 20226,826 | 244 days | +0.9% |
| 2021 | -6.8%Pullback | Jan 8, 20216,873 | Jan 29, 20216,408 | 21 days | +14.3% |
| 2020 | -34.9%Bear market | Jan 17, 20207,675 | Mar 23, 20204,994 | 66 days | -14.3% |
| 2019 | -8.1%Pullback | Jul 29, 20197,687 | Aug 15, 20197,067 | 17 days | +12.1% |
| 2018 | -16.4%Correction | May 22, 20187,878 | Dec 27, 20186,585 | 219 days | -12.5% |
| 2017 | -4.4%Minor dip | May 26, 20177,548 | Sep 15, 20177,216 | 112 days | +7.6% |