XLK · Intrayear DD vs Full Year — Technology Sector Maximum Intra-Year Drop vs. Full-Year Return
Tech Sector Intrayear Drawdowns — Maximum intrayear declines versus final annual gains across modern technology market cycles.
The plate
Latest Snapshot
- Data file updated
- 2026-09-29
- Observations
- 29
- Average
- -19.9%
- Avg total return
- +13.7%
Averaging roughly 20% intra-year drawdowns historically, positioning the technology sector between the broad market and high-beta semiconductors.
What this page answers
Across 29 years, the average intrayear drawdown for XLK was -19.9% — yet the mean full-year total return remained firmly positive at +13.7%. In 16 of those years, the index suffered a double-digit intra-year drop and still finished higher: in equity markets, turbulence is the price of admission, not an anomaly.
Averaging roughly 20% intra-year drawdowns historically, positioning the technology sector between the broad market and high-beta semiconductors. The data is refreshed by the History of Market pipeline and published as a stable JSON endpoint for research, citation, and AI-agent use.
XLK — maximum intrayear drawdowns vs full-year net returns
| Year | Deepest intrayear drawdown | Full-year return |
|---|---|---|
| 2026 | -15.9% | +35.6% |
| 2025 | -25.7% | +24.6% |
| 2024 | -17.0% | +21.6% |
| 2023 | -11.0% | +56.0% |
| 2022 | -33.1% | -27.7% |
| 2021 | -9.2% | +34.8% |
| 2020 | -31.2% | +43.6% |
| 2019 | -10.5% | +49.9% |
| 2018 | -23.8% | -1.7% |
| 2017 | -5.0% | +34.3% |
| 2016 | -8.4% | +15.0% |
| 2015 | -13.7% | +5.5% |
| 2014 | -8.0% | +17.8% |
| 2013 | -5.9% | +26.3% |
| 2012 | -12.4% | +15.3% |
| 2011 | -16.1% | +2.6% |
| 2010 | -15.5% | +11.4% |
| 2009 | -18.9% | +51.2% |
| 2008 | -49.3% | -41.5% |
| 2007 | -11.1% | +15.5% |
| 2006 | -15.8% | +12.2% |
| 2005 | -11.7% | -0.4% |
| 2004 | -18.8% | +5.6% |
| 2003 | -18.2% | +38.8% |
| 2002 | -55.2% | -38.2% |
| 2001 | -52.3% | -23.4% |
| 2000 | -52.7% | -41.9% |
| 1999 | -12.8% | +65.2% |
| 1998 | -0.7% | +1.8% |
Complete record (29 rows). Raw dataset: https://historyofmarket.com/api/xlk/intrayear-dd.json
Data & Source
GET /api/xlk/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.