HDV drawdown: at its all-time high
iShares Core High Dividend ETF (HDV) is trading at its all-time high (as of market close, Jul 24, 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 (2011).
- Below all-time high
- at the high
- 100.0% of ATH
- All-time high
- $28.75
- Jul 24, 2026
- Time below the high
- 0 days
- since Jul 24, 2026
- Worst-ever drawdown
- −37.0%
- Mar 23, 2020
- Longest underwater
- 1.9 yrs
- between all-time highs
- Today's level first reached
- today
- a fresh record
% of all-time high since 2011#
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 HDV, 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 |
|---|---|---|---|---|---|
| Dec 23, 2019 | Mar 23, 2020 | −37.0% | 3 mo | May 6, 2021 | 16 mo |
| Apr 20, 2022 | Sep 30, 2022 | −16.9% | 5 mo | Mar 28, 2024 | 1.9 yrs |
| Jan 26, 2018 | Dec 24, 2018 | −15.1% | 11 mo | Apr 5, 2019 | 14 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 2011: how far HDV 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: HDV 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 HDV from its all-time high?
- HDV is currently at (or within half a percent of) its all-time high, set Jul 24, 2026.
- What was the biggest HDV drawdown ever?
- The deepest decline on record in our data (since 2011) took the stock 37.0% below its prior high, bottoming Mar 23, 2020. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 2011 (split-adjusted). "All-time" means since our price data begins — HDV 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.