Alexandria Real Estate Equities drawdown: 76.2% below the all-time high
Alexandria Real Estate Equities is 76.2% below its all-time high, set Dec 29, 2021 (as of market close, Sep 18, 2026). 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
- −76.2%
- 23.8% of ATH
- All-time high
- $223.57
- Dec 29, 2021
- Time below the high
- 4.7 yrs
- since Dec 29, 2021
- Worst-ever drawdown
- −81.9%
- Apr 28, 2026
- Longest underwater
- 8.0 yrs
- between all-time highs
- Today's level first reached
- Nov 5, 2003
- 22.9 yrs ago
- Last time this deep
- never before
- no prior −76.2% episode
% of all-time high since 1997#
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.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Dec 29, 2021 | Apr 28, 2026 | −81.9% | 4.3 yrs | not yet | 4.7 yrs+ |
| Sep 19, 2008 | May 13, 2009 | −73.1% | 8 mo | Sep 7, 2016 | 8.0 yrs |
| Feb 14, 2020 | Mar 23, 2020 | −34.3% | 38 days | Jul 29, 2020 | 5 mo |
| Feb 27, 1998 | Apr 7, 1999 | −26.7% | 13 mo | May 15, 2000 | 2.2 yrs |
| Feb 8, 2007 | Jul 31, 2007 | −24.1% | 6 mo | Sep 18, 2008 | 1.6 yrs |
| Jun 28, 2002 | Oct 9, 2002 | −22.0% | 3 mo | Oct 2, 2003 | 15 mo |
| Feb 11, 2004 | May 19, 2004 | −20.7% | 3 mo | Sep 7, 2004 | 7 mo |
| Dec 18, 2017 | Dec 24, 2018 | −17.7% | 12 mo | Feb 13, 2019 | 14 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.
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 76.2% below its all-time high, set Dec 29, 2021 (as of market close, Sep 18, 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 81.9% below its prior high, bottoming Apr 28, 2026. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 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.