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$18.70-1.01%
as of close, Oct 1, 2026
☾ AH $18.70 -1.01%
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Annaly Capital Management Inc. drawdown: 77.9% below the all-time high

Annaly Capital Management Inc. is 77.9% below its all-time high, set Jun 21, 2002 (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
−77.9%
22.1% of ATH
All-time high
$84.6
Jun 21, 2002
Time below the high
24.3 yrs
since Jun 21, 2002
Worst-ever drawdown
−82.6%
Oct 27, 2023
Longest underwater
24.3 yrs
between all-time highs
Today's level first reached
Oct 8, 1997
29.0 yrs ago
Last time this deep
never before
no prior −77.9% episode

% of all-time high since 1997#

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.

Basis
Range
All-time high = 100%20%40%60%80%
NLY close · log20.0050.00
200020052010201520202025

The deepest drawdowns on record#

Every decline of 15% or more from an all-time high (price basis), deepest first.

PeakTroughDepthPeak → troughRecovered byUnderwater
Jun 21, 2002Oct 27, 2023−82.6%21.3 yrsnot yet24.3 yrs+
Oct 9, 1997Oct 6, 1998−46.8%12 moMay 22, 20013.6 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 1997: how far Annaly Capital Management Inc. stood below its all-time high, and the total return over the following 1, 5 and 10 years.

1950–19992000–today

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 Annaly Capital Management Inc. from its all-time high?
Annaly Capital Management Inc. is currently 77.9% below its all-time high, set Jun 21, 2002 (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 Annaly Capital Management Inc. drawdown ever?
The deepest decline on record in our data (since 1997) took Annaly Capital Management Inc. 82.6% below its prior high, bottoming Oct 27, 2023. The table on this page lists every major episode with its peak, trough and recovery date.

Methodology & related#

Daily data since -1 from NLY; no free deep history exists for Annaly Capital Management Inc. — 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.

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