SPY · S&P 500 ETF
Every close from 1993-01-29 to 2026-10-15 — 34 years and 8,486 trading days. Open any year to see each of its months and days.
Dividends reinvested — what a long-term holder actually made
Since inception
Total return
+3,108.63%+1,656.56%
Since 1993-01-29
Growth multiple
32.09x17.57x
8,486 trading days
Annualised
+10.84%+8.87%
33.7 years
Max drawdown
-55.19%-56.47%
2009-03-092009-03-09
Trailing 10 years
Total return
+325.53%+263.40%
Since 2016-10-17
Growth multiple
4.26x3.63x
2,513 trading days
Annualised
+15.59%+13.78%
10.0 years
Max drawdown
-33.72%-34.10%
2020-03-232020-03-23
Log scale: equal percentage moves take equal vertical space, so the 2000 and 2008 crashes look as bad as they felt.
Pick any year for its month-by-month and day-by-day detail.
28 up / 6 down years · 264 up / 142 down months
Every day that fell 4% or more, and how long it took to climb back to the close before the drop.
Drawdown days
48
One-day drop of 4% or worse
Recovered
48 / 48
100.0% · through 2026-10-15
Median recovery
8.5trading days
Half of them healed faster
Slowest one
397trading days
2008-09-15
Worst single day
-10.94%
2020-03-16
Average trough
-13.28%
Prior close down to the low
How long recovery took
68.8% of these drawdowns were healed within a month.
| Drawdown | One-day drop | Peak to trough | To recover(trading days) |
|---|---|---|---|
| 2025-04-10→ 2025-04-25 | -4.38% | -6.33% | 10 |
| 2025-04-04→ 2025-04-09 | -5.85% | -7.49% | 3 |
| 2025-04-03→ 2025-05-02 | -4.93% | -12.05% | 20 |
| 2022-09-13→ 2023-02-01 | -4.35% | -12.88% | 97 |
| 2022-05-18→ 2022-05-27 | -4.03% | -4.62% | 7 |
| 2020-06-11→ 2020-07-14 | -5.76% | -5.76% | 22 |
| 2020-04-01→ 2020-04-06 | -4.50% | -4.50% | 3 |
| 2020-03-20→ 2020-03-24 | -4.31% | -6.76% | 2 |
| 2020-03-18→ 2020-03-26 | -5.06% | -11.29% | 6 |
| 2020-03-16→ 2020-04-08 | -10.94% | -16.73% | 17 |
| 2020-03-12→ 2020-04-08 | -9.57% | -18.26% | 19 |
| 2020-03-11→ 2020-04-27 | -4.87% | -22.25% | 32 |
| 2020-03-09→ 2020-05-20 | -7.81% | -24.61% | 51 |
| 2020-02-27→ 2020-03-04 | -4.49% | -4.89% | 4 |
| 2018-02-05→ 2018-02-26 | -4.18% | -6.47% | 14 |
| 2015-08-24→ 2015-08-27 | -4.21% | -5.34% | 3 |
| 2011-08-18→ 2011-08-29 | -4.31% | -5.87% | 7 |
| 2011-08-10→ 2011-08-12 | -4.42% | -4.42% | 2 |
| 2011-08-08→ 2011-08-15 | -6.51% | -6.51% | 5 |
| 2011-08-04→ 2011-10-27 | -4.68% | -12.42% | 59 |
| 2009-04-20→ 2009-04-29 | -4.19% | -4.19% | 7 |
| 2009-03-05→ 2009-03-10 | -4.08% | -5.05% | 3 |
| 2009-03-02→ 2009-03-12 | -4.50% | -7.87% | 8 |
| 2009-02-17→ 2009-03-23 | -4.28% | -17.70% | 24 |
| 2009-02-10→ 2009-04-16 | -4.58% | -21.80% | 45 |
| 2009-01-20→ 2009-01-28 | -5.28% | -5.28% | 6 |
| 2008-12-01→ 2008-12-08 | -8.86% | -8.86% | 5 |
| 2008-11-20→ 2008-11-24 | -7.42% | -7.42% | 2 |
| 2008-11-19→ 2008-11-26 | -6.41% | -13.36% | 5 |
| 2008-11-14→ 2008-12-16 | -4.99% | -17.24% | 21 |
| 2008-11-12→ 2008-11-13 | -4.40% | -4.40% | 1 |
| 2008-11-06→ 2009-06-01 | -5.54% | -28.62% | 140 |
| 2008-11-05→ 2009-07-27 | -4.20% | -31.62% | 180 |
| 2008-10-24→ 2008-10-28 | -5.07% | -8.44% | 2 |
| 2008-10-22→ 2008-10-30 | -5.45% | -12.42% | 6 |
| 2008-10-15→ 2008-11-04 | -9.84% | -15.92% | 14 |
| 2008-10-09→ 2008-10-13 | -6.98% | -9.24% | 2 |
| 2008-10-07→ 2009-08-21 | -4.48% | -34.43% | 220 |
| 2008-10-06→ 2009-10-12 | -5.09% | -37.77% | 256 |
| 2008-09-29→ 2010-03-23 | -7.84% | -43.18% | 372 |
| 2008-09-17→ 2008-09-19 | -4.50% | -4.50% | 2 |
| 2008-09-15→ 2010-04-14 | -4.76% | -45.23% | 397 |
| 2001-09-17→ 2001-10-11 | -5.22% | -11.27% | 18 |
| 2001-03-12→ 2001-04-18 | -4.28% | -10.27% | 26 |
| 2000-04-14→ 2000-04-18 | -5.72% | -5.72% | 2 |
| 1998-08-31→ 1998-09-14 | -7.13% | -7.13% | 9 |
| 1998-08-27→ 1998-10-29 | -4.71% | -11.83% | 44 |
| 1997-10-27→ 1997-11-03 | -7.25% | -7.25% | 5 |
Drawdown days
48
One-day drop of 4% or worse
Recovered
48 / 48
100.0% · through 2026-10-15
Median recovery
8.5trading days
Half of them healed faster
Slowest one
580trading days
2008-09-15
Worst single day
-10.94%
2020-03-16
Average trough
-13.44%
Prior close down to the low
How long recovery took
66.7% of these drawdowns were healed within a month.
| Drawdown | One-day drop | Peak to trough | To recover(trading days) |
|---|---|---|---|
| 2025-04-10→ 2025-04-25 | -4.38% | -6.33% | 10 |
| 2025-04-04→ 2025-04-09 | -5.85% | -7.49% | 3 |
| 2025-04-03→ 2025-05-02 | -4.93% | -12.05% | 20 |
| 2022-09-13→ 2023-02-02 | -4.35% | -13.24% | 98 |
| 2022-05-18→ 2022-05-27 | -4.03% | -4.62% | 7 |
| 2020-06-11→ 2020-07-15 | -5.76% | -5.94% | 23 |
| 2020-04-01→ 2020-04-06 | -4.50% | -4.50% | 3 |
| 2020-03-20→ 2020-03-24 | -4.87% | -7.30% | 2 |
| 2020-03-18→ 2020-03-26 | -5.06% | -11.81% | 6 |
| 2020-03-16→ 2020-04-08 | -10.94% | -17.22% | 17 |
| 2020-03-12→ 2020-04-09 | -9.57% | -18.74% | 20 |
| 2020-03-11→ 2020-04-29 | -4.87% | -22.70% | 34 |
| 2020-03-09→ 2020-05-26 | -7.81% | -25.05% | 54 |
| 2020-02-27→ 2020-03-04 | -4.49% | -4.89% | 4 |
| 2018-02-05→ 2018-02-26 | -4.18% | -6.47% | 14 |
| 2015-08-24→ 2015-08-27 | -4.21% | -5.34% | 3 |
| 2011-08-18→ 2011-08-29 | -4.31% | -5.87% | 7 |
| 2011-08-10→ 2011-08-12 | -4.42% | -4.42% | 2 |
| 2011-08-08→ 2011-08-15 | -6.51% | -6.51% | 5 |
| 2011-08-04→ 2011-10-27 | -4.68% | -12.87% | 59 |
| 2009-04-20→ 2009-04-29 | -4.19% | -4.19% | 7 |
| 2009-03-05→ 2009-03-10 | -4.08% | -5.05% | 3 |
| 2009-03-02→ 2009-03-12 | -4.50% | -7.87% | 8 |
| 2009-02-17→ 2009-03-26 | -4.28% | -17.70% | 27 |
| 2009-02-10→ 2009-04-29 | -4.58% | -21.80% | 54 |
| 2009-01-20→ 2009-01-28 | -5.28% | -5.28% | 6 |
| 2008-12-01→ 2008-12-08 | -8.86% | -8.86% | 5 |
| 2008-11-20→ 2008-11-24 | -7.42% | -7.42% | 2 |
| 2008-11-19→ 2008-11-26 | -6.41% | -13.36% | 5 |
| 2008-11-14→ 2008-12-16 | -4.99% | -17.24% | 21 |
| 2008-11-12→ 2008-11-13 | -4.40% | -4.40% | 1 |
| 2008-11-06→ 2009-07-23 | -5.54% | -29.19% | 177 |
| 2008-11-05→ 2009-08-03 | -4.20% | -32.17% | 185 |
| 2008-10-24→ 2008-10-28 | -5.07% | -8.44% | 2 |
| 2008-10-22→ 2008-10-30 | -5.45% | -12.42% | 6 |
| 2008-10-15→ 2008-11-04 | -9.84% | -15.92% | 14 |
| 2008-10-09→ 2008-10-13 | -6.98% | -9.24% | 2 |
| 2008-10-07→ 2009-09-10 | -4.48% | -34.96% | 233 |
| 2008-10-06→ 2009-11-16 | -5.09% | -38.27% | 281 |
| 2008-09-29→ 2010-04-14 | -7.84% | -43.64% | 387 |
| 2008-09-17→ 2008-09-19 | -4.50% | -4.50% | 2 |
| 2008-09-15→ 2011-01-03 | -4.76% | -45.98% | 580 |
| 2001-09-17→ 2001-10-25 | -5.22% | -11.60% | 28 |
| 2001-03-12→ 2001-04-18 | -4.28% | -10.51% | 26 |
| 2000-04-14→ 2000-04-18 | -5.72% | -5.72% | 2 |
| 1998-08-31→ 1998-09-14 | -7.13% | -7.13% | 9 |
| 1998-08-27→ 1998-10-29 | -4.71% | -11.83% | 44 |
| 1997-10-27→ 1997-11-03 | -7.25% | -7.25% | 5 |
Recovered means the close climbed back to the close before the drawdown.
Raw data: Yahoo Finance
Past performance does not indicate future results. For reference only; not investment advice.