Peak, bottom, and how long it took to get back to break-even, plus what $10,000 would have been worth at each bottom.
Data as of September 10, 2026
Worst fall on record
February 12, 2021 to December 28, 2022, falling for 1 year 10 months
The 10 deepest falls of 10% or more since October 31, 2014.
Still below that peak today
What $10,000 was worth at the bottom
As of September 9, 2026
In an ordinary year it moves about ±38.3% around its own trend.
Total return with dividends reinvested. Monthly lows; the line touches 0 % only at a new high.
| Year | Worst reading | Date |
|---|---|---|
| 2014 | -8.0% | December 16, 2014 |
| 2015 | -16.6% | October 1, 2015 |
| 2016 | -32.0% | February 11, 2016 |
| 2017 | -8.7% | January 3, 2017 |
| 2018 | -28.9% | December 24, 2018 |
| 2019 | -24.8% | January 3, 2019 |
| 2020 | -42.5% | March 18, 2020 |
| 2021 | -41.3% | December 16, 2021 |
| 2022 | -80.9% | December 28, 2022 |
| 2023 | -80.4% | January 3, 2023 |
| 2024 | -74.4% | August 7, 2024 |
| 2025 | -73.7% | April 8, 2025 |
| 2026 | -58.8% | March 30, 2026 |
| Peak | Bottom | Fall | Peak to bottom | Peak to recovery | Your amount at the bottom |
|---|---|---|---|---|---|
| PeakFebruary 12, 2021 | BottomDecember 28, 2022 | Fall-80.9% | Peak to bottom1 year 10 months | Peak to recoveryNot yet | Your amount at the bottom$1,909 |
| PeakFebruary 19, 2020 | BottomMarch 18, 2020 | Fall-42.5% | Peak to bottomunder a month | Peak to recovery3 months | Your amount at the bottom$5,746 |
| PeakJune 23, 2015 | BottomFebruary 11, 2016 | Fall-32.0% | Peak to bottom8 months | Peak to recovery1 year 3 months | Your amount at the bottom$6,797 |
| PeakAugust 31, 2018 | BottomDecember 24, 2018 | Fall-28.9% | Peak to bottom4 months | Peak to recovery7 months | Your amount at the bottom$7,111 |
| PeakJuly 24, 2019 | BottomOctober 8, 2019 | Fall-18.6% | Peak to bottom2 months | Peak to recovery4 months | Your amount at the bottom$8,137 |
| PeakApril 10, 2019 | BottomJune 3, 2019 | Fall-18.0% | Peak to bottom2 months | Peak to recovery3 months | Your amount at the bottom$8,195 |
| PeakMarch 12, 2018 | BottomApril 2, 2018 | Fall-15.9% | Peak to bottomunder a month | Peak to recovery3 months | Your amount at the bottom$8,406 |
| PeakSeptember 1, 2020 | BottomSeptember 8, 2020 | Fall-14.5% | Peak to bottomunder a month | Peak to recovery1 month | Your amount at the bottom$8,549 |
| PeakOctober 5, 2016 | BottomNovember 3, 2016 | Fall-14.3% | Peak to bottomunder a month | Peak to recovery4 months | Your amount at the bottom$8,574 |
| PeakOctober 13, 2020 | BottomOctober 30, 2020 | Fall-13.4% | Peak to bottomunder a month | Peak to recovery1 month | Your amount at the bottom$8,661 |
Depth is measured from the previous all-time high, and “peak to recovery” runs from that high back to it — not from the bottom, which gives a much shorter number.
The worst fall was -80.9%, from February 12, 2021 to December 28, 2022 — $10,000 invested at that peak was worth $1,909 at the bottom. It has not closed back at that peak since. Today it sits 45.1% below its all-time high.
Computed from daily closing prices with dividends reinvested, snapshotted September 10, 2026.
The tool opens with ARK Innovation (ARKK) already loaded. Change the symbol or the amount and it recomputes from the same data.
This page shows what actually happened to a real price series — nothing more. An asset that recovered every time so far carries no promise that it will again, and the next fall will not be the last one. Prices exclude trading costs, spreads, currency conversion and taxes, all of which make a real-world fall worse than the one drawn here. Nothing on this page is investment advice; do your own research or speak to a regulated adviser before investing.
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