Vanguard Materials ETF drawdown: 7.8% below the all-time high (price)
Vanguard Materials ETF is 7.8% below its all-time high, set Feb 27, 2026 (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
- −7.8%
- 92.2% of ATH
- All-time high
- $244.13
- Feb 27, 2026
- Time below the high
- 8 mo
- since Feb 27, 2026
- Worst-ever drawdown
- −63.5%
- Mar 9, 2009
- Longest underwater
- 5.3 yrs
- between all-time highs
- Today's level first reached
- Jan 15, 2026
- 9 mo ago
- Last time this deep
- Nov 24, 2025
- in a previous episode
% of all-time high since 2004: 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 |
|---|---|---|---|---|---|
| May 16, 2008 | Mar 9, 2009 | −63.5% | 10 mo | Sep 18, 2013 | 5.3 yrs |
| Jan 26, 2018 | Mar 23, 2020 | −43.6% | 2.2 yrs | Nov 5, 2020 | 2.8 yrs |
| Feb 24, 2015 | Jan 25, 2016 | −28.9% | 11 mo | Dec 5, 2016 | 1.8 yrs |
| Apr 20, 2022 | Sep 26, 2022 | −25.9% | 5 mo | Mar 13, 2024 | 1.9 yrs |
| Oct 18, 2024 | Apr 8, 2025 | −23.9% | 6 mo | Jan 6, 2026 | 15 mo |
| May 9, 2006 | Jun 13, 2006 | −16.6% | 35 days | Nov 22, 2006 | 6 mo |
| Mar 4, 2005 | Oct 13, 2005 | −16.4% | 7 mo | Jan 30, 2006 | 11 mo |
| Dec 10, 2007 | Jan 17, 2008 | −16.3% | 38 days | Apr 16, 2008 | 4 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 2004: how far Vanguard Materials 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 Vanguard Materials ETF from its all-time high?
- Vanguard Materials ETF is currently 7.8% below its all-time high, set Feb 27, 2026 (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 Vanguard Materials ETF drawdown ever?
- The deepest decline on record in our data (since 2004) took Vanguard Materials ETF 63.5% 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 VAW; no free deep history exists for Vanguard Materials 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.