iShares MSCI Switzerland ETF drawdown: 4.3% below the all-time high (price)
IShares MSCI Switzerland ETF is 4.3% below its all-time high, set Feb 27, 2026 (as of market close, Oct 16, 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
- −4.3%
- 95.7% of ATH
- All-time high
- $65.08
- Feb 27, 2026
- Time below the high
- 8 mo
- since Feb 27, 2026
- Worst-ever drawdown
- −54.7%
- Mar 12, 2003
- Longest underwater
- 7.6 yrs
- between all-time highs
- Today's level first reached
- Jan 27, 2026
- 9 mo ago
- Last time this deep
- Nov 6, 2025
- in a previous episode
% of all-time high since 1996: 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.
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 |
|---|---|---|---|---|---|
| Jul 20, 1998 | Mar 12, 2003 | −54.7% | 4.6 yrs | Feb 21, 2006 | 7.6 yrs |
| Dec 10, 2007 | Mar 9, 2009 | −53.1% | 15 mo | Apr 29, 2011 | 3.4 yrs |
| Dec 29, 2021 | Oct 12, 2022 | −30.4% | 9 mo | Mar 7, 2025 | 3.2 yrs |
| Feb 19, 2020 | Mar 23, 2020 | −27.8% | 33 days | Sep 2, 2020 | 6 mo |
| May 31, 2011 | Nov 25, 2011 | −26.9% | 6 mo | Jan 24, 2013 | 1.7 yrs |
| May 14, 2015 | Feb 11, 2016 | −23.2% | 9 mo | Jan 5, 2018 | 2.6 yrs |
| Jan 26, 2018 | Dec 24, 2018 | −19.4% | 11 mo | Jul 3, 2019 | 17 mo |
| Jul 9, 1997 | Aug 29, 1997 | −15.5% | 51 days | Feb 3, 1998 | 7 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 1996: how far iShares MSCI Switzerland ETF 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 iShares MSCI Switzerland ETF from its all-time high?
- iShares MSCI Switzerland ETF is currently 4.3% below its all-time high, set Feb 27, 2026 (as of market close, Oct 16, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest iShares MSCI Switzerland ETF drawdown ever?
- The deepest decline on record in our data (since 1996) took iShares MSCI Switzerland ETF 54.7% below its prior high, bottoming Mar 12, 2003. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from EWL; no free deep history exists for iShares MSCI Switzerland ETF — 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.