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$46.00+8.80%
as of close, Nov 4, 2026
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Alexandria Real Estate Equities drawdown: 79.4% below the all-time high (price)

Alexandria Real Estate Equities is 79.4% below its all-time high, set Dec 29, 2021 (as of market close, Nov 4, 2026), measured on price alone — dividends are not included, the convention headlines and crash histories use. The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.

Below all-time high
−79.4%
20.6% of ATH
All-time high
$223.57
Dec 29, 2021
Time below the high
4.8 yrs
since Dec 29, 2021
Worst-ever drawdown
−82.1%
Oct 28, 2026
Longest underwater
8.0 yrs
between all-time highs
Today's level first reached
Apr 10, 2002
24.6 yrs ago
Last time this deep
never before
no prior −79.4% episode

% of all-time high since 1997: price#

The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.

Basis
Range
All-time high = 100%20%40%60%80%
ARE close · log50.00100200
200020052010201520202025

The deepest drawdowns on record#

Every decline of 15% or more from an all-time high (price basis), deepest first.

PeakTroughDepthPeak → troughRecovered byUnderwater
Dec 29, 2021Oct 28, 2026−82.1%4.8 yrsnot yet4.8 yrs+
Sep 19, 2008May 13, 2009−73.1%8 moSep 7, 20168.0 yrs
Feb 14, 2020Mar 23, 2020−34.3%38 daysJul 29, 20205 mo
Feb 27, 1998Apr 7, 1999−26.7%13 moMay 15, 20002.2 yrs
Feb 8, 2007Jul 31, 2007−24.1%6 moSep 18, 20081.6 yrs
Jun 28, 2002Oct 9, 2002−22.0%3 moOct 2, 200315 mo
Feb 11, 2004May 19, 2004−20.7%3 moSep 7, 20047 mo
Dec 18, 2017Dec 24, 2018−17.7%12 moFeb 13, 201914 mo

Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.

Drawdown vs what came next#

One dot per month since 1997: how far Alexandria Real Estate Equities stood below its all-time high, and the total return over the following 1, 5 and 10 years.

1950–19992000–today

Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.

FAQ#

How far is Alexandria Real Estate Equities from its all-time high?
Alexandria Real Estate Equities is currently 79.4% below its all-time high, set Dec 29, 2021 (as of market close, Nov 4, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
What was the biggest Alexandria Real Estate Equities drawdown ever?
The deepest decline on record in our data (since 1997) took Alexandria Real Estate Equities 82.1% below its prior high, bottoming Oct 28, 2026. The table on this page lists every major episode with its peak, trough and recovery date.

Methodology & related#

Daily data since 1997 from ARE; no free deep history exists for Alexandria Real Estate Equities — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.

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