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$31.37-0.44%
as of close, Oct 19, 2026
☾ AH $31.37 -0.44%
Schwab International Index FundMutual fund · International Stock Funds
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Schwab International Index Fund drawdown: 5.1% below the all-time high (price)

Schwab International Index Fund is 5.1% below its all-time high, set Aug 25, 2026 (as of market close, Oct 19, 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
−5.1%
94.9% of ATH
All-time high
$33.06
Aug 25, 2026
Time below the high
55 days
since Aug 25, 2026
Worst-ever drawdown
−37.8%
Mar 23, 2020
Longest underwater
3.0 yrs
between all-time highs
Today's level first reached
Feb 11, 2026
8 mo ago
Last time this deep
Apr 29, 2026
in a previous episode

% of all-time high since 2015: 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.

Basis
Range
All-time high = 100%60%70%80%90%
SWISX close · log20.00
201620182020202220242026

The deepest drawdowns on record#

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

PeakTroughDepthPeak → troughRecovered byUnderwater
Jan 26, 2018Mar 23, 2020−37.8%2.2 yrsJan 6, 20212.9 yrs
Sep 7, 2021Sep 27, 2022−31.7%13 moAug 23, 20243.0 yrs
Dec 1, 2015Feb 11, 2016−17.5%2 moMar 28, 201716 mo
Sep 26, 2024Apr 8, 2025−15.1%6 moMay 12, 20257 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 2015: how far Schwab International Index Fund 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 Schwab International Index Fund from its all-time high?
Schwab International Index Fund is currently 5.1% below its all-time high, set Aug 25, 2026 (as of market close, Oct 19, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
What was the biggest Schwab International Index Fund drawdown ever?
The deepest decline on record in our data (since 2015) took Schwab International Index Fund 37.8% 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 SWISX; no free deep history exists for Schwab International Index Fund — 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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