Maximum drawdown
SPY Maximum Drawdown
Use SPY drawdown as the broad-market downside reference point.
Open SPY Risk AnalysisMaximum drawdown, past 252 trading days
SPY's largest peak-to-trough fall over the past 252 trading days was -9.1%, which takes a +10.0% gain to recover.
- Maximum drawdown
- -9.1%
- Gain needed to recover
- +10.0%
- Annualized volatility
- 12.7%
- Beta vs SPY
- 1.01
Maximum drawdown is the largest fall from a peak to a later low in daily closes over the past 252 trading days. Data as of Oct 21, 2026.
How to use this drawdown page
Start with the calculator to understand peak-to-trough math, then use the connected research surface to inspect whether drawdown is isolated, recurring, or part of a broader risk pattern. Drawdown is most useful when paired with volatility, Sharpe ratio, concentration, and recovery context.
Primary workflow
Review SPDR S&P 500 ETF drawdown beside beta, volatility, Sharpe ratio, VaR, and AIQ Risk Resilience.
Maximum Drawdown
Related research
Drawdown Calculator
Calculate peak-to-trough loss, current drawdown, recovery needed, and new-high return.
ContinueTickerAAPL Maximum Drawdown
Connect Apple drawdown context to the AAPL risk analysis page.
ContinueTickerNVDA Maximum Drawdown
Connect Nvidia downside path risk to NVDA stock research.
ContinueTickerQQQ Maximum Drawdown
Use QQQ drawdown as a growth benchmark risk example.
ContinueCompareQQQ vs SPY Maximum Drawdown
Compare growth-heavy and broad-market drawdown behavior.
ContinuePortfolioPortfolio Maximum Drawdown
Connect single-asset drawdown thinking to portfolio risk analysis.
ContinueMethodologyWhat Is Maximum Drawdown?
Learn why peak-to-trough loss captures risk that volatility can miss.
ContinueGuideRisk vs Return Explained
Understand drawdown alongside return, volatility, and Sharpe ratio.
ContinueCalculatorSharpe Ratio Calculator
Pair drawdown with Sharpe so downside pain and volatility efficiency are both visible.
Continue