Not the Dow Jones stock index — DOW is Dow Inc., the materials-science (chemicals) company spun off from DowDuPont in 2019. Looking for the Dow Jones Industrial Average?
Dow Inc. Common Stock drawdown: 59.5% below the all-time high
Dow Inc. Common Stock is 59.5% below its all-time high, set May 17, 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
- −59.5%
- 40.5% of ATH
- All-time high
- $70.91
- May 17, 2021
- Time below the high
- 5.3 yrs
- since May 17, 2021
- Worst-ever drawdown
- −70.9%
- Oct 10, 2025
- Longest underwater
- 5.3 yrs
- between all-time highs
- Today's level first reached
- Mar 20, 2019
- 7.5 yrs ago
- Last time this deep
- Mar 16, 2020
- in a previous episode
% of all-time high since 2019#
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 |
|---|---|---|---|---|---|
| May 17, 2021 | Oct 10, 2025 | −70.9% | 4.4 yrs | not yet | 5.3 yrs+ |
| Apr 4, 2019 | Mar 16, 2020 | −63.2% | 11 mo | Jan 12, 2021 | 1.8 yrs |
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 2019: how far Dow Inc. Common Stock 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 Dow Inc. Common Stock from its all-time high?
- Dow Inc. Common Stock is currently 59.5% below its all-time high, set May 17, 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 Dow Inc. Common Stock drawdown ever?
- The deepest decline on record in our data (since 2019) took Dow Inc. Common Stock 70.9% below its prior high, bottoming Oct 10, 2025. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from DOW; no free deep history exists for Dow Inc. Common Stock — 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.