SPDR Bloomberg High Yield Bond ETF drawdown: 36.0% below the all-time high
SPDR Bloomberg High Yield Bond ETF is 36.0% below its all-time high, set Dec 18, 2007 (as of market close, Oct 1, 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
- −36.0%
- 64.0% of ATH
- All-time high
- $144.18
- Dec 18, 2007
- Time below the high
- 18.8 yrs
- since Dec 18, 2007
- Worst-ever drawdown
- −46.2%
- Mar 9, 2009
- Longest underwater
- 18.8 yrs
- between all-time highs
- Today's level first reached
- Dec 4, 2007
- 18.8 yrs ago
- Last time this deep
- never before
- no prior −36.0% 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. 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 |
|---|---|---|---|---|---|
| Dec 18, 2007 | Mar 9, 2009 | −46.2% | 15 mo | not yet | 18.8 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 2007: how far SPDR Bloomberg High Yield Bond 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 SPDR Bloomberg High Yield Bond ETF from its all-time high?
- SPDR Bloomberg High Yield Bond ETF is currently 36.0% below its all-time high, set Dec 18, 2007 (as of market close, Oct 1, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest SPDR Bloomberg High Yield Bond ETF drawdown ever?
- The deepest decline on record in our data (since 2007) took SPDR Bloomberg High Yield Bond ETF 46.2% 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 JNK; no free deep history exists for SPDR Bloomberg High Yield Bond 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.