S&P 500 · Caídas históricas — Cada caída profunda tiene nombre
Grandes drawdowns — Cada gran caída desde 1928: profundidad, inicio y tiempo de recuperación.
Del desplome de 1929 al choque de la pandemia de 2020. Docenas de caídas relevantes dejan aquí su forma y su nota al pie.
What this page answers
S&P 500 has recorded 73 qualifying drawdowns, including 12 bear markets (-20% or worse). The deepest was -86,2% (1929: Sep 16 - Jun 1, 1932). The median decline is -8,2% with a median 34 days to trough.
Del desplome de 1929 al choque de la pandemia de 2020. Docenas de caídas relevantes dejan aquí su forma y su nota al pie. The data is refreshed by the History of Market pipeline and published as a stable JSON endpoint for research, citation, and AI-agent use.
Latest Snapshot
- Updated
- 2026-07-24
- Max decline
- -86,2%
- Median decline
- -8,2%
- Drawdowns
- 73
the S&P 500 drawdown register (73 events)
| Period | Decline | Days to trough | Recovery (days) | Cause |
|---|---|---|---|---|
| 2026: Jan 27 - Mar 30 | -9,1% | 62 | 78 | AI & geopolitical fears |
| 2025: Feb 19 - Apr 8 | -18,9% | 48 | 128 | Tariffs & trade war |
| 2025: Oct 28 - Nov 20 | -5,1% | 23 | 44 | AI-bubble jitters |
| 2024: Jul 16 - Aug 5 | -8,5% | 20 | 65 | Nikkei shock |
| 2024: Mar 28 - Apr 19 | -5,5% | 22 | 48 | Delayed-cut fears |
| 2022: Jan 3 - Oct 12 | -25,4% | 282 | 746 | Inflation & rate hikes |
| 2021: Sep 2 - Oct 4 | -5,2% | 32 | 49 | COVID-Omicron |
| 2020: Sep 2 - Sep 23 | -9,6% | 21 | 72 | COVID pandemic |
| 2020: Feb 19 - Mar 23 | -33,9% | 33 | 181 | COVID pandemic |
| 2019: Jul 26 - Aug 14 | -6,1% | 19 | 94 | Trade war |
| 2019: Apr 30 - Jun 3 | -6,8% | 34 | 51 | Trade war |
| 2018: Sep 20 - Dec 24 | -19,8% | 95 | 215 | Rising rates |
| 2018: Jan 26 - Feb 8 | -10,2% | 13 | 210 | Rate fears |
| 2015: May 21 - Feb 11, 2016 | -14,2% | 266 | 417 | Greek default |
| 2014: Sep 18 - Oct 15 | -7,4% | 27 | 43 | QE taper |
| 2014: Jan 15 - Feb 3 | -5,8% | 19 | 43 | QE taper |
| 2013: May 21 - Jun 24 | -5,8% | 34 | 51 | Taper tantrum |
| 2007: Jul 19 - Aug 15 | -9,4% | 27 | 78 | Subprime first wave |
| 2007: Oct 9 - Mar 9, 2009 | -56,8% | 517 | 1997 | Global financial crisis |
| 2000: Mar 24 - Oct 9, 2002 | -49,1% | 929 | 2623 | Dotcom bust |
| 1999: Jul 16 - Oct 15 | -12,1% | 91 | 123 | |
| 1999: May 13 - May 27 | -6,3% | 14 | 48 | |
| 1999: Apr 12 - Apr 19 | -5,1% | 7 | 10 | |
| 1999: Dec 31 - Feb 25, 2000 | -9,2% | 56 | 81 | |
| 1998: Jul 17 - Aug 31 | -19,3% | 45 | 129 | |
| 1997: Aug 6 - Aug 29 | -6,3% | 23 | 57 | |
| 1997: Feb 18 - Apr 11 | -9,6% | 52 | 76 | |
| 1997: Dec 5 - Jan 9, 1998 | -5,7% | 35 | 55 | |
| 1997: Oct 7 - Oct 27 | -10,8% | 20 | 59 | |
| 1996: May 24 - Jul 24 | -7,6% | 61 | 112 | |
| 1994: Feb 2 - Apr 4 | -8,9% | 61 | 377 | |
| 1992: Sep 14 - Oct 9 | -5,3% | 25 | 67 | |
| 1992: Jan 15 - Apr 8 | -6,2% | 84 | 196 | |
| 1991: Aug 28 - Oct 9 | -5,0% | 42 | 76 | |
| 1991: Apr 17 - May 15 | -5,6% | 28 | 111 | |
| 1991: Nov 13 - Nov 29 | -5,6% | 16 | 41 | |
| 1990: Jul 16 - Oct 11 | -19,9% | 87 | 212 | |
| 1989: Oct 9 - Jan 30, 1990 | -10,2% | 113 | 232 | |
| 1987: Aug 25 - Dec 4 | -33,5% | 101 | 701 | |
| 1987: Apr 6 - May 20 | -7,9% | 44 | 70 | |
| 1986: Sep 4 - Sep 29 | -9,4% | 25 | 89 | |
| 1986: Jul 2 - Jul 15 | -7,5% | 13 | 55 | |
| 1985: Jul 17 - Sep 25 | -7,7% | 70 | 117 | |
| 1983: Jun 22 - Aug 8 | -6,9% | 47 | 110 | |
| 1983: Oct 10 - Jul 24, 1984 | -14,4% | 288 | 469 | |
| 1982: Nov 9 - Nov 23 | -7,0% | 14 | 58 | |
| 1980: Sep 22 - Sep 29 | -5,3% | 7 | 14 | |
| 1980: Nov 28 - Aug 12, 1982 | -27,1% | 622 | 705 | |
| 1980: Oct 15 - Oct 30 | -5,5% | 15 | 28 | |
| 1973: Jan 11 - Oct 3, 1974 | -48,2% | 630 | 2744 | |
| 1972: Aug 14 - Oct 16 | -5,1% | 63 | 79 | |
| 1968: Jul 11 - Aug 2 | -5,6% | 22 | 75 | |
| 1968: Nov 29 - May 26, 1970 | -36,1% | 543 | 1193 | |
| 1967: Sep 25 - Mar 5, 1968 | -10,1% | 162 | 217 | |
| 1967: May 8 - Jun 5 | -6,5% | 28 | 84 | |
| 1966: Feb 9 - Oct 7 | -22,2% | 240 | 449 | |
| 1965: May 13 - Jun 28 | -9,6% | 46 | 137 | |
| 1963: Oct 28 - Nov 22 | -6,5% | 25 | 50 | |
| 1961: Apr 17 - Apr 24 | -6,2% | 7 | 198 | |
| 1961: Dec 12 - Jun 26, 1962 | -28,0% | 196 | 630 | |
| 1959: Aug 3 - Oct 25, 1960 | -14,0% | 449 | 543 | |
| 1956: Aug 3 - Oct 22, 1957 | -21,5% | 445 | 782 | |
| 1956: Mar 20 - May 28 | -9,8% | 69 | 118 | |
| 1955: Sep 23 - Oct 11 | -10,6% | 18 | 52 | |
| 1955: Mar 4 - Mar 14 | -6,8% | 10 | 39 | |
| 1955: Jan 3 - Jan 17 | -5,9% | 14 | 32 | |
| 1955: Nov 14 - Jan 23, 1956 | -7,1% | 70 | 116 | |
| 1929: Sep 16 - Jun 1, 1932 | -86,2% | 989 | 9137 | |
| 1929: May 3 - May 27 | -8,2% | 24 | 45 | |
| 1929: Mar 15 - Mar 26 | -6,6% | 11 | 48 | |
| 1929: Feb 1 - Feb 15 | -5,8% | 14 | 42 | |
| 1928: May 14 - Jun 12 | -10,3% | 29 | 106 | |
| 1928: Nov 30 - Dec 10 | -8,1% | 10 | 31 |
Showing the full record (73 rows). Raw series: https://historyofmarket.com/api/sp500/drawdowns.json
Static Preview
Data & Source
GET /api/sp500/drawdowns.json — Canonical dataset endpoint.
Yahoo Finance · Macrotrends · Robert Shiller · FRED · S&P Global · Nasdaq · NBER.
FAQ
What was the deepest drawdown on record?
1929: Sep 16 - Jun 1, 1932: -86,2%, taking 989 days to reach its trough.
Where does this data come from?
History of Market combines public market and macro datasets including Yahoo Finance, Macrotrends, Robert Shiller, FRED, S&P Global, Nasdaq, and NBER. The exact endpoint for this panel is linked below.
How often is it updated?
Daily-tier datasets refresh after the U.S. market close, with a broader weekly refresh on Sunday. The timestamp shown on this page comes from the JSON payload.
Can I use the data?
Yes, for research and education with attribution to History of Market. Upstream data sources retain their own terms.