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
January 23, 2020 to March 23, 2020, falling for 2 months
Every fall of 10% or more that SCHD has had since October 20, 2011.
Back at that peak on September 2, 2020
What $10,000 was worth at the bottom
As of September 9, 2026
In an ordinary year it moves about ±15.4% around its own trend.
Total return with dividends reinvested. Monthly lows; the line touches 0 % only at a new high.
| Year | Worst reading | Date |
|---|---|---|
| 2011 | -6.8% | November 25, 2011 |
| 2012 | -6.3% | June 1, 2012 |
| 2013 | -4.7% | June 24, 2013 |
| 2014 | -6.7% | February 3, 2014 |
| 2015 | -13.9% | August 25, 2015 |
| 2016 | -10.1% | January 20, 2016 |
| 2017 | -2.3% | July 6, 2017 |
| 2018 | -17.1% | December 24, 2018 |
| 2019 | -13.7% | January 3, 2019 |
| 2020 | -33.4% | March 23, 2020 |
| 2021 | -5.0% | September 21, 2021 |
| 2022 | -16.8% | September 30, 2022 |
| 2023 | -13.2% | October 27, 2023 |
| 2024 | -8.0% | December 19, 2024 |
| 2025 | -16.1% | April 8, 2025 |
| 2026 | -4.6% | March 20, 2026 |
| Peak | Bottom | Fall | Peak to bottom | Peak to recovery | Your amount at the bottom |
|---|---|---|---|---|---|
| PeakJanuary 23, 2020 | BottomMarch 23, 2020 | Fall-33.4% | Peak to bottom2 months | Peak to recovery7 months | Your amount at the bottom$6,663 |
| PeakSeptember 21, 2018 | BottomDecember 24, 2018 | Fall-17.1% | Peak to bottom3 months | Peak to recovery6 months | Your amount at the bottom$8,292 |
| PeakJanuary 11, 2022 | BottomSeptember 30, 2022 | Fall-16.8% | Peak to bottom9 months | Peak to recovery2 years | Your amount at the bottom$8,316 |
| PeakNovember 29, 2024 | BottomApril 8, 2025 | Fall-16.1% | Peak to bottom4 months | Peak to recovery1 year 1 month | Your amount at the bottom$8,388 |
| PeakMarch 2, 2015 | BottomAugust 25, 2015 | Fall-13.9% | Peak to bottom6 months | Peak to recovery1 year | Your amount at the bottom$8,608 |
| PeakJanuary 26, 2018 | BottomMarch 23, 2018 | Fall-12.4% | Peak to bottom2 months | Peak to recovery8 months | Your amount at the bottom$8,763 |
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 -33.4%, from January 23, 2020 to March 23, 2020 — $10,000 invested at that peak was worth $6,663 at the bottom. It took 7 months from that peak to close back at it, on September 2, 2020. Today it sits 3.2% below its all-time high.
Computed from daily closing prices with dividends reinvested, snapshotted September 10, 2026.
The tool opens with SCHD 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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