iShares MSCI India ETF drawdown: 18.0% below the all-time high
IShares MSCI India ETF is 18.0% below its all-time high, set Sep 26, 2024 (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
- −18.0%
- 82.0% of ATH
- All-time high
- $59.2
- Sep 26, 2024
- Time below the high
- 2.0 yrs
- since Sep 26, 2024
- Worst-ever drawdown
- −46.1%
- Mar 23, 2020
- Longest underwater
- 2.9 yrs
- between all-time highs
- Today's level first reached
- Aug 31, 2021
- 5.0 yrs ago
- Last time this deep
- May 25, 2023
- in a previous episode
% of all-time high since 2012#
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 |
|---|---|---|---|---|---|
| Jan 23, 2018 | Mar 23, 2020 | −46.1% | 2.2 yrs | Dec 7, 2020 | 2.9 yrs |
| Feb 1, 2013 | Aug 28, 2013 | −29.8% | 7 mo | May 12, 2014 | 15 mo |
| Mar 3, 2015 | Feb 11, 2016 | −29.5% | 11 mo | Jul 13, 2017 | 2.4 yrs |
| Feb 21, 2012 | May 23, 2012 | −26.5% | 3 mo | Feb 1, 2013 | 11 mo |
| Nov 12, 2021 | Mar 15, 2023 | −25.1% | 16 mo | Feb 6, 2024 | 2.2 yrs |
| Sep 26, 2024 | Mar 30, 2026 | −23.3% | 1.5 yrs | not yet | 2.0 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 2012: how far iShares MSCI India 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 India ETF from its all-time high?
- iShares MSCI India ETF is currently 18.0% below its all-time high, set Sep 26, 2024 (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 iShares MSCI India ETF drawdown ever?
- The deepest decline on record in our data (since 2012) took iShares MSCI India ETF 46.1% 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 data since -1 from INDA; no free deep history exists for iShares MSCI India 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.