Taiwan Semiconductor Manufacturing Co. (ADR) drawdown: 2.5% below the all-time high
Taiwan Semiconductor Manufacturing Co. (ADR) is 2.5% below its all-time high, set Jun 30, 2026 (as of market close, Oct 1, 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
- −2.5%
- 97.5% of ATH
- All-time high
- $471.08
- Jun 30, 2026
- Time below the high
- 3 mo
- since Jun 30, 2026
- Worst-ever drawdown
- −84.6%
- Oct 9, 2002
- Longest underwater
- 16.1 yrs
- between all-time highs
- Today's level first reached
- Jun 18, 2026
- 3 mo ago
- Last time this deep
- Jun 29, 2026
- in a previous episode
% of all-time high since 1997#
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 |
|---|---|---|---|---|---|
| Feb 3, 2000 | Oct 9, 2002 | −84.6% | 2.7 yrs | Mar 18, 2016 | 16.1 yrs |
| Jan 14, 2022 | Nov 3, 2022 | −57.1% | 10 mo | Mar 6, 2024 | 2.1 yrs |
| Oct 10, 1997 | Oct 5, 1998 | −53.4% | 12 mo | Jan 15, 1999 | 15 mo |
| Jan 23, 2025 | Apr 8, 2025 | −37.1% | 2 mo | Jun 27, 2025 | 5 mo |
| Jan 14, 2020 | Mar 19, 2020 | −27.2% | 2 mo | Jul 6, 2020 | 6 mo |
| Jan 22, 2018 | Jan 3, 2019 | −25.9% | 11 mo | Sep 26, 2019 | 1.7 yrs |
| Feb 16, 2021 | Aug 20, 2021 | −22.8% | 6 mo | Jan 14, 2022 | 11 mo |
| Jul 10, 2024 | Aug 5, 2024 | −22.6% | 26 days | Oct 14, 2024 | 3 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 1997: how far Taiwan Semiconductor Manufacturing Co. (ADR) 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 Taiwan Semiconductor Manufacturing Co. (ADR) from its all-time high?
- Taiwan Semiconductor Manufacturing Co. (ADR) is currently 2.5% below its all-time high, set Jun 30, 2026 (as of market close, Oct 1, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Taiwan Semiconductor Manufacturing Co. (ADR) drawdown ever?
- The deepest decline on record in our data (since 1997) took Taiwan Semiconductor Manufacturing Co. (ADR) 84.6% below its prior high, bottoming Oct 9, 2002. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from TSM; no free deep history exists for Taiwan Semiconductor Manufacturing Co. (ADR) — 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.