SPG drawdown: at its all-time high
Simon Property Group Inc. (SPG) is trading at its all-time high (as of market close, Jul 24, 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. "All-time" means since our price data begins (1993).
- Below all-time high
- at the high
- 100.0% of ATH
- All-time high
- $229.7
- Jul 24, 2026
- Time below the high
- 0 days
- since Jul 24, 2026
- Worst-ever drawdown
- −80.7%
- Apr 2, 2020
- Longest underwater
- 10.0 yrs
- between all-time highs
- Today's level first reached
- today
- a fresh record
% of all-time high since 1993#
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.
% of all-time high on the price basis — the all-time high considers the full history of SPG, including years before the visible window. Dividends are excluded on this basis (the convention headlines use).
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 |
|---|---|---|---|---|---|
| Aug 1, 2016 | Apr 2, 2020 | −80.7% | 3.7 yrs | Jul 16, 2026 | 10.0 yrs |
| Feb 7, 2007 | Mar 6, 2009 | −78.8% | 2.1 yrs | Jul 26, 2011 | 4.5 yrs |
| Apr 13, 1998 | Dec 16, 1999 | −39.3% | 1.7 yrs | Jun 13, 2002 | 4.2 yrs |
| Apr 1, 2004 | May 13, 2004 | −23.3% | 42 days | Nov 1, 2004 | 7 mo |
| Jun 21, 1994 | Feb 5, 1996 | −22.3% | 1.6 yrs | Dec 5, 1996 | 2.5 yrs |
| May 8, 2013 | Sep 5, 2013 | −21.0% | 4 mo | Jun 5, 2014 | 13 mo |
| Jul 26, 2011 | Aug 8, 2011 | −18.5% | 13 days | Oct 24, 2011 | 3 mo |
| Aug 3, 2005 | Oct 13, 2005 | −17.3% | 2 mo | Jan 6, 2006 | 5 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 1993: how far SPG 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: SPG is on this chart precisely because it survived — the many stocks that fell this far and never recovered (or were delisted) aren't on anyone's chart, 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 SPG from its all-time high?
- SPG is currently at (or within half a percent of) its all-time high, set Jul 24, 2026.
- What was the biggest SPG drawdown ever?
- The deepest decline on record in our data (since 1993) took the stock 80.7% below its prior high, bottoming Apr 2, 2020. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 1993 (split-adjusted). "All-time" means since our price data begins — SPG may have traded earlier. For a 150-year index 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, 150 years of returns and the rolling-returns explorer. Past performance does not predict future returns; not investment advice.