S&P 500 (^GSPC)
Tracks 500 of the largest publicly traded US companies.
-0.52%
Minor Dip·(0% to -5%)
As of Sep 21, 2026, S&P 500 (^GSPC) closed at 7,758.22 pts, representing a -0.52% drawdown from its all-time high of 7,798.99 pts recorded on Aug 13, 2026 (39 days ago). Returning to all-time high requires a +0.5% gain.
Current Drawdown
-0.52%
From all-time highLast Close
7,758.22 pts
Sep 21, 2026
All-Time High
7,798.99 pts
Aug 13, 2026
Days Below Peak
39d
Days below all-time highGain to ATH
+0.5%
Needed to break evenLoading chart…
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Annual Maximum Drawdowns (Last 10 Years)
Deepest peak-to-trough decline recorded within each calendar year.
Over the last 10 completed years, S&P 500 experienced an average intra-year drawdown of -13.6% lasting an average of 73 days peak-to-trough, with its deepest drawdown reaching -33.9% in 2020.
10Y Avg Drawdown
-13.61%
Correction
Deepest Drawdown
-33.92%
2020 · Bear Market
Avg Peak-to-Trough
73 days
| Year | Max Intra-Year Drawdown | Peak High | Bottom Trough | Peak-to-Trough | Yearly Return |
|---|---|---|---|---|---|
| 2025 | -18.90%Correction | Feb 19, 2025 6,144.15 | Apr 8, 2025 4,982.77 | 48 days | +16.65% |
| 2024 | -8.49%Pullback | Jul 16, 2024 5,667.2 | Aug 5, 2024 5,186.33 | 20 days | +24.01% |
| 2023 | -10.28%Correction | Jul 31, 2023 4,588.96 | Oct 27, 2023 4,117.37 | 88 days | +24.73% |
| 2022 | -25.43%Bear Market | Jan 3, 2022 4,796.56 | Oct 12, 2022 3,577.03 | 282 days | -19.95% |
| 2021 | -5.21%Pullback | Sep 2, 2021 4,536.95 | Oct 4, 2021 4,300.46 | 32 days | +28.79% |
| 2020 | -33.92%Bear Market | Feb 19, 2020 3,386.15 | Mar 23, 2020 2,237.4 | 33 days | +15.29% |
| 2019 | -6.84%Pullback | Apr 30, 2019 2,945.83 | Jun 3, 2019 2,744.45 | 34 days | +28.71% |
| 2018 | -19.78%Correction | Sep 20, 2018 2,930.75 | Dec 24, 2018 2,351.1 | 95 days | -7.01% |
| 2017 | -2.80%Minor Dip | Mar 1, 2017 2,395.96 | Apr 13, 2017 2,328.95 | 43 days | +18.42% |
| 2016 | -4.41%Minor Dip | Sep 8, 2016 2,181.3 | Nov 4, 2016 2,085.18 | 57 days | +2.64% |
Compare with Other Drawdowns
Frequently Asked Questions about S&P 500
Click to expandHow is the current drawdown of S&P 500 calculated?
For S&P 500, drawdown measures the percentage decline from its all-time high closing peak of 7,798.99 pts (reached on Aug 13, 2026) to its latest daily close of 7,758.22 pts:
((7,758.22 pts - 7,798.99 pts) / 7,798.99 pts) × 100 = -0.52%
Calculations use official daily settled closes to filter out intraday wick noise. The drawdown only resets to 0.00% when a new settled close surpasses 7,798.99 pts.
At what prices does S&P 500 enter a dip, pullback, correction, or bear market?
Measuring from S&P 500's all-time high closing price of 7,798.99 pts:
• -5% Dip: Triggers at 7,409.04 pts
• -10% Pullback: Triggers at 7,019.09 pts
• -20% Correction: Triggers at 6,239.19 pts
• -20% Bear Market: Triggers at 6,239.19 pts
At its latest close of 7,758.22 pts (-0.52%), S&P 500 is currently in Minor Dip territory (Routine market dip (< 5% decline).).
How much does S&P 500 need to rise to reach a new all-time high?
From its current drawdown of -0.52%, S&P 500 must gain +0.5% from its current price of 7,758.22 pts to break even back at its all-time high of 7,798.99 pts.
Because losses compound on a reduced capital base, the recovery gain required always exceeds the drawdown percentage. For example, on a hypothetical $1,000 capital base at today's price, returning to prior all-time highs equals $1,005.26 (a +$5.26 recovery increase). This mathematical illustration is for educational purposes only and does not constitute a profit forecast, return guarantee, or investment recommendation.
What is the typical annual drawdown and duration for S&P 500?
Over the last 10 completed calendar years, S&P 500 experienced an average intra-year pullback of -13.6%, taking an average of 73 calendar days to reach bottom from its intra-year peak. The deepest single-year decline occurred in 2020 with a -33.9% drop, while the mildest year was 2017 with a pullback of only -2.8%.
What was the deepest drop for S&P 500 over the last 10 years, and how did it unfold?
Over the last 10 completed calendar years, the deepest intra-year drop for S&P 500 occurred in 2020, falling -33.9% from 3,386.15 pts on Feb 19, 2020 down to a trough of 2,237.40 pts on Mar 23, 2020. It took 33 calendar days from peak to bottom. Comparing the current drawdown of -0.52% to this 10-year extreme highlights where today's price sits relative to its worst modern cycle.
How do drawdown alerts work for S&P 500?
You can configure automated email alerts for S&P 500 at any custom drawdown threshold (such as -5%, -10%, -20%, etc.) or for All-Time High (ATH) recovery. Alerts are evaluated once daily against official settled closing prices to filter out intraday wick noise. When your selected threshold is crossed or when S&P 500 reclaims peak valuation, Drawdown Tracker dispatches a notification to your email with a 24-hour cooldown between repeated alerts.
Educational & Informational Purpose Only: Drawdown Tracker calculates and displays mathematical peak-to-trough price drawdowns based on official daily closing data. Nothing on this page or in automated notifications constitutes financial, investment, legal, or tax advice. We do not endorse, recommend, or suggest buying, selling, or holding S&P 500 or any other asset at any drawdown level. Past performance and historical drawdown recoveries are not indicative of future returns. You bear sole responsibility for your investment decisions.