Schwab U.S. Dividend Equity ETF drawdown: 4.3% below the all-time high
Schwab U.S. Dividend Equity ETF is 4.3% below its all-time high, set Aug 24, 2026 (as of market close, Sep 18, 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
- −4.3%
- 95.7% of ATH
- All-time high
- $35.21
- Aug 24, 2026
- Time below the high
- 25 days
- since Aug 24, 2026
- Worst-ever drawdown
- −33.4%
- Mar 23, 2020
- Longest underwater
- 2.5 yrs
- between all-time highs
- Today's level first reached
- Jul 28, 2026
- 52 days ago
- Last time this deep
- Mar 27, 2026
- in a previous episode
% of all-time high since 2011#
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, 2020 | Mar 23, 2020 | −33.4% | 2 mo | Nov 9, 2020 | 10 mo |
| Jan 26, 2018 | Dec 24, 2018 | −19.0% | 11 mo | Apr 23, 2019 | 15 mo |
| Jan 11, 2022 | Sep 30, 2022 | −18.9% | 9 mo | Jul 17, 2024 | 2.5 yrs |
| Nov 29, 2024 | Apr 8, 2025 | −17.6% | 4 mo | Jan 30, 2026 | 14 mo |
| Mar 2, 2015 | Aug 25, 2015 | −15.2% | 6 mo | Jun 6, 2016 | 15 mo |
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 Schwab U.S. Dividend Equity 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 Schwab U.S. Dividend Equity ETF from its all-time high?
- Schwab U.S. Dividend Equity ETF is currently 4.3% below its all-time high, set Aug 24, 2026 (as of market close, Sep 18, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Schwab U.S. Dividend Equity ETF drawdown ever?
- The deepest decline on record in our data (since 2011) took Schwab U.S. Dividend Equity ETF 33.4% 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 SCHD; no free deep history exists for Schwab U.S. Dividend Equity 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.