Royal Bank of Canada
RY.TOCanadaCanada’s largest bank by market capitalization and the #1 constituent of the S&P/TSX Composite Index.
-1.86%
Minor Dip·(0% to -10%)
As of Oct 29, 2026, Royal Bank of Canada (RY.TO) closed at CA$288.21, representing a -1.86% drawdown from its all-time high of CA$293.68 recorded on Jun 30, 2026 (121 days ago). Returning to all-time high requires a +1.9% gain.
Current Drawdown
-1.86%
From all-time highLast Close
CA$288.21
Oct 29, 2026
All-Time High
CA$293.68
Jun 30, 2026
Days Below Peak
121d
Days below ATHGain to ATH
+1.9%
Needed to recoverLoading chart…
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Benchmark Indexes Where Royal Bank of Canada is a Top Holding
Compare Royal Bank of Canada (RY.TO) at -1.86% against the major equity indexes it anchors.
Historical Maximum Drawdowns & Annual Drops
Deepest peak-to-trough drop recorded within each calendar year.
Over the last 10 completed years, Royal Bank of Canada experienced an average intra-year drawdown of -13.8% lasting an average of 132 days peak-to-trough, with its deepest drawdown reaching -33.8% in 2020.
10Y Avg Drawdown
-13.81%
Pullback
Deepest Drawdown
-33.84%
2020 · Correction
Avg Peak-to-Trough
132 days
| Year | Max Intra-Year Drawdown | Peak High | Bottom Trough | Peak-to-Trough | Yearly Return |
|---|---|---|---|---|---|
| 2025 | -12.10%Pullback | Jan 30, 2025 CA$178.67 | Mar 13, 2025 CA$157.05 | 42 days | +34.92% |
| 2024 | -5.02%Minor Dip | Jan 9, 2024 CA$135.33 | Feb 13, 2024 CA$128.54 | 35 days | +29.34% |
| 2023 | -22.27%Correction | Feb 8, 2023 CA$139.55 | Oct 27, 2023 CA$108.47 | 261 days | +5.26% |
| 2022 | -20.83%Correction | Jan 17, 2022 CA$149.15 | Oct 11, 2022 CA$118.08 | 267 days | -5.18% |
| 2021 | -5.87%Minor Dip | Aug 25, 2021 CA$133.15 | Sep 21, 2021 CA$125.33 | 27 days | +28.36% |
| 2020 | -33.84%Correction | Feb 21, 2020 CA$109.21 | Mar 23, 2020 CA$72.25 | 31 days | +1.79% |
| 2019 | -9.50%Minor Dip | Apr 23, 2019 CA$107.85 | Aug 23, 2019 CA$97.60 | 122 days | +9.96% |
| 2018 | -16.51%Pullback | Jan 22, 2018 CA$108.05 | Dec 24, 2018 CA$90.21 | 336 days | -8.97% |
| 2017 | -8.80%Minor Dip | Feb 21, 2017 CA$99.19 | Sep 7, 2017 CA$90.46 | 198 days | +12.96% |
| 2016 | -3.37%Minor Dip | Nov 29, 2016 CA$90.12 | Nov 30, 2016 CA$87.08 | 1 days | +8.63% |
Compare with Other Drawdowns
Frequently Asked Questions about Royal Bank of Canada
Click to expandHow is the current drawdown of Royal Bank of Canada calculated?
For Royal Bank of Canada, drawdown measures the percentage decline from its all-time high closing peak of CA$293.68 (reached on Jun 30, 2026) to its latest daily close of CA$288.21:
((CA$288.21 - CA$293.68) / CA$293.68) × 100 = -1.86%
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 CA$293.68.
At what prices does Royal Bank of Canada enter a dip, pullback, correction, or bear market?
Measuring from Royal Bank of Canada's all-time high closing price of CA$293.68:
• -10% Dip: Triggers at CA$264.31
• -20% Pullback: Triggers at CA$234.94
• -35% Correction: Triggers at CA$190.89
• -35% Bear Market: Triggers at CA$190.89
At its latest close of CA$288.21 (-1.86%), Royal Bank of Canada is currently in Minor Dip territory (Routine single-stock fluctuation within normal trading range (< 10% dip).).
How much does Royal Bank of Canada need to rise to reach a new all-time high?
From its current drawdown of -1.86%, Royal Bank of Canada must gain +1.9% from its current price of CA$288.21 to break even back at its all-time high of CA$293.68.
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 $1,018.98 (a +$18.98 recovery increase).
What is the typical annual drawdown and duration for Royal Bank of Canada?
Across completed annual calendar cycles, Royal Bank of Canada experienced an average intra-year pullback of -13.8%, taking an average of 132 calendar days to reach bottom from its intra-year peak. The deepest annual decline occurred in 2020 with a -33.8% drop, while the mildest year was 2016 with a pullback of only -3.4%.
What is the historical maximum drawdown for Royal Bank of Canada?
The maximum historical drawdown recorded for Royal Bank of Canada across tracked cycles is -33.93%. In recent market history, its deepest calendar year decline occurred in 2020, falling -33.8% from CA$109.21 (Feb 21, 2020) down to a trough of CA$72.25 (Mar 23, 2020), spanning 31 days from peak to bottom.
Which benchmark stock indexes include Royal Bank of Canada as a top holding?
Royal Bank of Canada (RY.TO) is tracked as a top constituent holding in 1 major benchmark index:
• S&P/TSX Composite (^GSPTSE): currently at -1.92% drawdown
Educational & Informational Purpose Only: All data shown is for informational purposes only and does not constitute financial advice. Past drawdowns and recoveries are not indicative of future returns. See our Terms of Service for full disclaimers.