SCHD fell -33.4% at its worst — here is every crash since 2011
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
-33.4%
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.
- Time to recover
- 7 months
- On your amount
- $6,663
- Right now
- -3.2%
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.
| 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.
What SCHD's own history says
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.
Try another asset
The tool opens with SCHD already loaded. Change the symbol or the amount and it recomputes from the same data.
Crash histories for other assets
- S&P 500 drawdown history
- Nasdaq 100 drawdown history
- Total world (VT) drawdown history
- Total US market (VTI) drawdown history
- Bitcoin drawdown history
- Ethereum drawdown history
- Gold (GLD) drawdown history
- Long Treasuries (TLT) drawdown history
- ARK Innovation (ARKK) drawdown history
- Tesla drawdown history
- Nvidia drawdown history
- Apple drawdown history
- VWCE drawdown history
History is not a forecast
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.
Know what you hold before the next one
My Financial Freedom Tracker follows your actual holdings, your net worth and your path to financial independence — in one place, in any currency.
Create my accountFree Financial Tools
Capital Gains Tax by Country
Enter your gain and how long you held it, then compare the tax across 29 countries ranked — with the holding-period rules that reorder the list.
Compare 29 countriesFIRE Calculator
Calculate your path to financial independence with Coast FIRE, Barista FIRE, and custom withdrawal strategies.
Try the FIRE CalculatorNet Worth Projection Calculator
Project net worth and cash flow across a whole life — add the car, the career break, the child and the pension, and see the year each one lands.
Open the Life PlannerCoast FIRE Calculator
Find the amount you need today so compound interest carries you to FIRE — no more contributions needed.
Find your Coast FIRE numberBarista FIRE Calculator
Find the portfolio size that lets you downshift to part-time work, with healthcare bridge costs built in.
Try Free Barista FIRE CalculatorCompound Interest Calculator
See exactly how compounding grows your money. Side-by-side scenarios, expense-ratio drag, and real (inflation-adjusted) returns built in.
Open the calculator