iShares MSCI China ETF drawdown: 47.3% below the all-time high (price)
IShares MSCI China ETF is 47.3% below its all-time high, set Feb 17, 2021 (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
- −47.3%
- 52.7% of ATH
- All-time high
- $97.19
- Feb 17, 2021
- Time below the high
- 5.7 yrs
- since Feb 17, 2021
- Worst-ever drawdown
- −63.4%
- Oct 31, 2022
- Longest underwater
- 5.7 yrs
- between all-time highs
- Today's level first reached
- Mar 31, 2011
- 15.5 yrs ago
- Last time this deep
- never before
- no prior −47.3% episode
% of all-time high since 2011: 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 |
|---|---|---|---|---|---|
| Feb 17, 2021 | Oct 31, 2022 | −63.4% | 1.7 yrs | not yet | 5.7 yrs+ |
| Apr 28, 2015 | Feb 11, 2016 | −44.6% | 9 mo | Oct 3, 2017 | 2.4 yrs |
| Apr 21, 2011 | Oct 4, 2011 | −38.4% | 5 mo | Mar 30, 2015 | 3.9 yrs |
| Jan 26, 2018 | Jan 3, 2019 | −33.5% | 11 mo | Aug 26, 2020 | 2.6 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 2011: how far iShares MSCI China 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 China ETF from its all-time high?
- iShares MSCI China ETF is currently 47.3% below its all-time high, set Feb 17, 2021 (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 iShares MSCI China ETF drawdown ever?
- The deepest decline on record in our data (since 2011) took iShares MSCI China ETF 63.4% below its prior high, bottoming Oct 31, 2022. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from MCHI; no free deep history exists for iShares MSCI China 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.