SLM Corporation drawdown: 36.6% below the all-time high (price)
SLM Corporation is 36.6% below its all-time high, set Jul 7, 2025 (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
- −36.6%
- 63.4% of ATH
- All-time high
- $34.4
- Jul 7, 2025
- Time below the high
- 15 mo
- since Jul 7, 2025
- Worst-ever drawdown
- −94.5%
- Mar 9, 2009
- Longest underwater
- 15.5 yrs
- between all-time highs
- Today's level first reached
- Apr 23, 2024
- 2.5 yrs ago
- Last time this deep
- Oct 31, 2023
- in a previous episode
% of all-time high since 1983: 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 |
|---|---|---|---|---|---|
| Jan 13, 2006 | Mar 9, 2009 | −94.5% | 3.2 yrs | Jun 30, 2021 | 15.5 yrs |
| Sep 14, 1992 | Oct 21, 1994 | −58.5% | 2.1 yrs | Feb 7, 1996 | 3.4 yrs |
| Nov 15, 1999 | May 10, 2000 | −47.3% | 6 mo | Oct 26, 2000 | 11 mo |
| Jul 1, 2021 | Mar 24, 2023 | −46.3% | 1.7 yrs | Mar 4, 2024 | 2.7 yrs |
| Jul 7, 2025 | Feb 27, 2026 | −45.5% | 8 mo | not yet | 15 mo+ |
| Jul 14, 1998 | Sep 22, 1998 | −45.1% | 2 mo | Nov 12, 1999 | 16 mo |
| Jul 17, 1990 | Oct 30, 1990 | −40.0% | 3 mo | Jul 11, 1991 | 12 mo |
| Aug 11, 1987 | Dec 4, 1987 | −30.3% | 4 mo | Jan 30, 1989 | 18 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 1983: how far SLM Corporation 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 SLM Corporation from its all-time high?
- SLM Corporation is currently 36.6% below its all-time high, set Jul 7, 2025 (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 SLM Corporation drawdown ever?
- The deepest decline on record in our data (since 1983) took SLM Corporation 94.5% 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 SLM; no free deep history exists for SLM Corporation — 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.