History of Market · The Chronicle of the U.S. Stock Market Nasdaq
Gathering II · leaf 14 of 22
Nasdaq 100 · Intrayear Drawdown

Nasdaq 100 · Intrayear Drawdown — Nasdaq 100 · Deepest Intrayear Drop vs Year-End Outcome

Intrayear drawdown — Each year's deepest NDX dip vs. its final return.

Intrayear drawdown averages about 18%, yet 83% of years still close green and the year-end average lands near +18%. Tech's appeal and cost live in that gap — 2000, 2008, and 2022 are the years when the trade didn't pay.

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What this page answers

Across 42 years, the deepest intrayear drawdown in the Nasdaq 100 averaged -19.5% — yet the average full-year return was still +18.0%. In 31 of those years the index fell more than 10% intrayear and still finished positive: the dip is the norm, not the anomaly.

Intrayear drawdown averages about 18%, yet 83% of years still close green and the year-end average lands near +18%. Tech's appeal and cost live in that gap — 2000, 2008, and 2022 are the years when the trade didn't pay. The data is refreshed by the History of Market pipeline and published as a stable JSON endpoint for research, citation, and AI-agent use.

The plate

Nasdaq 100 · Intrayear Drawdown — Nasdaq 100 · Deepest Intrayear Drop vs Year-End Outcome-50%0%50%100%198519901995200020052010201520202025
Plate II.14 Intrayear drawdown averages about 18%, yet 83% of years still close green and the year-end average lands near +18%. Tech's appeal and cost live in that gap — 2000, 2008, and 2022 are the years when the trade didn't pay. 2026-09-03

Latest Snapshot

Updated
2026-09-03
Observations
42
Average
-19.5%
Latest
+18.0%

Nasdaq 100 — deepest intrayear drawdown vs full-year return

Nasdaq 100 — deepest intrayear drawdown vs full-year return
YearDeepest intrayear drawdownFull-year return
2026-11.8%+15.4%
2025-22.9%+20.2%
2024-13.6%+24.9%
2023-10.9%+53.8%
2022-35.3%-33.0%
2021-10.9%+26.6%
2020-28.0%+47.6%
2019-11.1%+38.0%
2018-23.0%-1.0%
2017-4.9%+31.5%
2016-12.2%+5.9%
2015-14.2%+8.4%
2014-8.2%+17.9%
2013-6.0%+35.0%
2012-11.9%+16.8%
2011-16.1%+2.7%
2010-15.9%+19.2%
2009-18.6%+53.5%
2008-49.6%-41.9%
2007-11.5%+18.7%
2006-17.4%+6.8%
2005-12.3%+1.5%
2004-16.0%+10.4%
2003-13.1%+49.1%
2002-52.0%-37.6%
2001-58.7%-32.7%
2000-53.0%-36.8%
1999-12.0%+102.0%
1998-23.0%+85.3%
1997-18.2%+20.6%
1996-14.4%+42.5%
1995-11.9%+42.5%
1994-15.9%+1.5%
1993-14.2%+10.6%
1992-18.5%+8.9%
1991-11.5%+65.0%
1990-32.9%-10.4%
1989-11.0%+26.2%
1988-14.6%+13.5%
1987-39.9%+10.5%
1986-18.0%+6.9%
1985-4.4%+18.0%

Showing the full record (42 rows). Raw series: https://historyofmarket.com/api/ndx/intrayear-dd.json

Data & Source

GET /api/ndx/intrayear-dd.json — Canonical dataset endpoint.

Exchange closing prices · Company filings · Robert Shiller · FRED · NBER.

FAQ

Where does this data come from?

History of Market combines public market and macro datasets — exchange closing prices, company filings, Robert Shiller, FRED, NBER, and the UBS Global Investment Returns Yearbook (Dimson–Marsh–Staunton). 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.