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NatWest Group plc American Depositary Shares (each representing two (2) Ordinary Shares)Stock · Finance
$18.57-2.01%
as of market close, Sep 22, 2026
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NatWest Group plc American Depositary Shares (each representing two (2) Ordinary Shares) drawdown: 91.9% below the all-time high

NatWest Group plc American Depositary Shares (each representing two (2) Ordinary Shares) is 91.9% below its all-time high, set Oct 31, 2007 (as of market close, Sep 22, 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
−91.9%
8.1% of ATH
All-time high
$230.03
Oct 31, 2007
Time below the high
18.9 yrs
since Oct 31, 2007
Worst-ever drawdown
−98.9%
Sep 21, 2020
Longest underwater
18.9 yrs
between all-time highs
Today's level first reached
Oct 18, 2007
18.9 yrs ago
Last time this deep
never before
no prior −91.9% 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.

Basis
Range
All-time high = 100%20%40%60%80%
NWG close · log5.0020.00100
2010201520202025

The deepest drawdowns on record#

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

PeakTroughDepthPeak → troughRecovered byUnderwater
Oct 31, 2007Sep 21, 2020−98.9%12.9 yrsnot yet18.9 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 NatWest Group plc American Depositary Shares (each representing two (2) Ordinary Shares) 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 NatWest Group plc American Depositary Shares (each representing two (2) Ordinary Shares) from its all-time high?
NatWest Group plc American Depositary Shares (each representing two (2) Ordinary Shares) is currently 91.9% below its all-time high, set Oct 31, 2007 (as of market close, Sep 22, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
What was the biggest NatWest Group plc American Depositary Shares (each representing two (2) Ordinary Shares) drawdown ever?
The deepest decline on record in our data (since 2007) took NatWest Group plc American Depositary Shares (each representing two (2) Ordinary Shares) 98.9% below its prior high, bottoming Sep 21, 2020. The table on this page lists every major episode with its peak, trough and recovery date.

Methodology & related#

Daily data since -1 from NWG; no free deep history exists for NatWest Group plc American Depositary Shares (each representing two (2) Ordinary Shares) — 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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