ELS drawdown: 26.5% below the all-time high
Equity Lifestyle Properties Inc. (ELS) is 26.5% below its all-time high, set Sep 2, 2021 (as of market close, Aug 13, 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. "All-time" means since our price data begins (1993).
- Below all-time high
- −26.5%
- 73.5% of ATH
- All-time high
- $88.45
- Sep 2, 2021
- Time below the high
- 4.9 yrs
- since Sep 2, 2021
- Worst-ever drawdown
- −59.9%
- Nov 20, 2008
- Longest underwater
- 4.9 yrs
- between all-time highs
- Today's level first reached
- Aug 8, 2019
- 7.0 yrs ago
- Last time this deep
- May 15, 2020
- in a previous episode
% of all-time high since 1993#
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.
% of all-time high on the price basis — the all-time high considers the full history of ELS, including years before the visible window. Dividends are excluded on this basis (the convention headlines use).
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 |
|---|---|---|---|---|---|
| Feb 9, 2007 | Nov 20, 2008 | −59.9% | 1.8 yrs | Apr 28, 2011 | 4.2 yrs |
| Feb 20, 2020 | Mar 18, 2020 | −41.5% | 27 days | Jul 8, 2021 | 17 mo |
| Oct 15, 1993 | Feb 27, 1995 | −39.4% | 16 mo | Jan 24, 1997 | 3.3 yrs |
| Sep 2, 2021 | Oct 20, 2022 | −34.3% | 14 mo | not yet | 4.9 yrs+ |
| Oct 13, 2003 | May 13, 2004 | −30.6% | 7 mo | Jul 8, 2005 | 1.7 yrs |
| Jun 27, 2002 | Feb 12, 2003 | −22.3% | 8 mo | Jun 16, 2003 | 12 mo |
| May 21, 2013 | Oct 3, 2013 | −21.7% | 4 mo | May 7, 2014 | 12 mo |
| Mar 17, 2006 | May 23, 2006 | −20.1% | 2 mo | Nov 21, 2006 | 8 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 1993: how far ELS 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: ELS is on this chart precisely because it survived — the many stocks that fell this far and never recovered (or were delisted) aren't on anyone's chart, 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 ELS from its all-time high?
- ELS is currently 26.5% below its all-time high, set Sep 2, 2021 (as of market close, Aug 13, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest ELS drawdown ever?
- The deepest decline on record in our data (since 1993) took the stock 59.9% below its prior high, bottoming Nov 20, 2008. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 1993 (split-adjusted). "All-time" means since our price data begins — ELS may have traded earlier. For a 150-year index 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, 150 years of returns and the rolling-returns explorer. Past performance does not predict future returns; not investment advice.