H2O America drawdown: 31.0% below the all-time high (price)
H2O America is 31.0% below its all-time high, set Dec 27, 2022 (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
- −31.0%
- 69.0% of ATH
- All-time high
- $83.55
- Dec 27, 2022
- Time below the high
- 3.8 yrs
- since Dec 27, 2022
- Worst-ever drawdown
- −56.5%
- Mar 9, 2009
- Longest underwater
- 9.4 yrs
- between all-time highs
- Today's level first reached
- Oct 2, 2017
- 9.0 yrs ago
- Last time this deep
- Mar 23, 2020
- in a previous episode
% of all-time high since 1972: 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 |
|---|---|---|---|---|---|
| Mar 29, 2007 | Mar 9, 2009 | −56.5% | 1.9 yrs | Aug 24, 2016 | 9.4 yrs |
| Dec 27, 2022 | Nov 19, 2025 | −46.8% | 2.9 yrs | not yet | 3.8 yrs+ |
| Dec 12, 1985 | May 23, 1990 | −42.2% | 4.4 yrs | Mar 10, 1993 | 7.2 yrs |
| Apr 6, 1973 | Dec 27, 1974 | −41.9% | 1.7 yrs | Oct 5, 1978 | 5.5 yrs |
| Aug 8, 2000 | Feb 23, 2001 | −40.9% | 7 mo | May 12, 2005 | 4.8 yrs |
| Jan 24, 2020 | Mar 23, 2020 | −33.8% | 59 days | Nov 23, 2022 | 2.8 yrs |
| Apr 1, 1998 | Oct 22, 1998 | −30.0% | 7 mo | Jun 8, 1999 | 14 mo |
| Oct 11, 1978 | Apr 3, 1980 | −26.9% | 18 mo | Jul 2, 1980 | 1.7 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 1972: how far H2O America 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 H2O America from its all-time high?
- H2O America is currently 31.0% below its all-time high, set Dec 27, 2022 (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 H2O America drawdown ever?
- The deepest decline on record in our data (since 1972) took H2O America 56.5% 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 HTO; no free deep history exists for H2O America — 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.