FedEx Corporation drawdown: 8.1% below the all-time high
FedEx Corporation is 8.1% below its all-time high, set Aug 13, 2026 (as of market close, Sep 11, 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
- −8.1%
- 91.9% of ATH
- All-time high
- $339.35
- Aug 13, 2026
- Time below the high
- 29 days
- since Aug 13, 2026
- Worst-ever drawdown
- −71.7%
- Mar 9, 2009
- Longest underwater
- 6.6 yrs
- between all-time highs
- Today's level first reached
- Feb 20, 2026
- 7 mo ago
- Last time this deep
- Aug 5, 2026
- in a previous episode
% of all-time high since 1978#
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 |
|---|---|---|---|---|---|
| Feb 23, 2007 | Mar 9, 2009 | −71.7% | 2.0 yrs | Oct 16, 2013 | 6.6 yrs |
| Jan 19, 2018 | Mar 16, 2020 | −67.0% | 2.2 yrs | Oct 14, 2020 | 2.7 yrs |
| Oct 13, 1987 | Nov 30, 1990 | −60.4% | 3.1 yrs | Jan 12, 1994 | 6.3 yrs |
| May 27, 2021 | Sep 26, 2022 | −54.7% | 16 mo | Jan 29, 2026 | 4.7 yrs |
| May 13, 1999 | Mar 7, 2000 | −49.7% | 10 mo | May 9, 2003 | 4.0 yrs |
| Sep 22, 1997 | Oct 1, 1998 | −46.3% | 12 mo | Dec 21, 1998 | 15 mo |
| Oct 12, 1978 | Oct 30, 1978 | −46.0% | 18 days | Sep 26, 1979 | 11 mo |
| Nov 25, 1983 | Apr 27, 1984 | −42.0% | 5 mo | Jul 17, 1985 | 1.6 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 1978: how far FedEx Corporation 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 FedEx Corporation from its all-time high?
- FedEx Corporation is currently 8.1% below its all-time high, set Aug 13, 2026 (as of market close, Sep 11, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest FedEx Corporation drawdown ever?
- The deepest decline on record in our data (since 1978) took FedEx Corporation 71.7% below its prior high, bottoming Mar 9, 2009. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from FDX; no free deep history exists for FedEx Corporation — 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.