FNV drawdown: 17.5% below the all-time high
Franco-Nevada Corporation (FNV) is 17.5% below its all-time high, set Feb 26, 2026 (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 (2007).
- Below all-time high
- −17.5%
- 82.5% of ATH
- All-time high
- $280.8
- Feb 26, 2026
- Time below the high
- 6 mo
- since Feb 26, 2026
- Worst-ever drawdown
- −58.8%
- Oct 27, 2008
- Longest underwater
- 3.0 yrs
- between all-time highs
- Today's level first reached
- Jan 13, 2026
- 7 mo ago
- Last time this deep
- Feb 14, 2025
- in a previous episode
% of all-time high since 2007#
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 FNV, 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 |
|---|---|---|---|---|---|
| Jul 14, 2008 | Oct 27, 2008 | −58.8% | 3 mo | May 18, 2009 | 10 mo |
| Oct 5, 2012 | Jun 24, 2013 | −47.2% | 9 mo | Aug 13, 2014 | 1.9 yrs |
| Apr 20, 2022 | Dec 12, 2023 | −38.2% | 1.6 yrs | Apr 14, 2025 | 3.0 yrs |
| Aug 13, 2014 | Jul 23, 2015 | −35.3% | 11 mo | Mar 11, 2016 | 1.6 yrs |
| Jul 28, 2020 | Mar 1, 2021 | −35.0% | 7 mo | Mar 7, 2022 | 1.6 yrs |
| Jul 6, 2016 | Dec 15, 2016 | −31.3% | 5 mo | Aug 28, 2017 | 14 mo |
| Nov 27, 2017 | Sep 11, 2018 | −31.0% | 9 mo | Jun 24, 2019 | 1.6 yrs |
| Feb 26, 2026 | Jul 16, 2026 | −29.4% | 5 mo | not yet | 6 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 2007: how far FNV 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: FNV 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 FNV from its all-time high?
- FNV is currently 17.5% below its all-time high, set Feb 26, 2026 (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 FNV drawdown ever?
- The deepest decline on record in our data (since 2007) took the stock 58.8% below its prior high, bottoming Oct 27, 2008. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 2007 (split-adjusted). "All-time" means since our price data begins — FNV 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.