Technology Select Sector SPDR Fund drawdown: 5.3% below the all-time high
Technology Select Sector SPDR Fund is 5.3% below its all-time high, set Jun 2, 2026 (as of market close, Sep 11, 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
- −5.3%
- 94.7% of ATH
- All-time high
- $198.21
- Jun 2, 2026
- Time below the high
- 3 mo
- since Jun 2, 2026
- Worst-ever drawdown
- −82.0%
- Oct 9, 2002
- Longest underwater
- 17.7 yrs
- between all-time highs
- Today's level first reached
- May 29, 2026
- 3 mo ago
- Last time this deep
- Apr 10, 2026
- in a previous episode
% of all-time high since 1998#
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 |
|---|---|---|---|---|---|
| Mar 27, 2000 | Oct 9, 2002 | −82.0% | 2.5 yrs | Nov 24, 2017 | 17.7 yrs |
| Dec 27, 2021 | Oct 12, 2022 | −34.0% | 9 mo | Jul 17, 2023 | 1.6 yrs |
| Feb 19, 2020 | Mar 23, 2020 | −31.5% | 33 days | Jun 10, 2020 | 4 mo |
| Feb 19, 2025 | Apr 8, 2025 | −25.8% | 48 days | Jun 12, 2025 | 4 mo |
| Oct 3, 2018 | Dec 24, 2018 | −24.1% | 3 mo | Apr 8, 2019 | 6 mo |
| Jul 10, 2024 | Aug 7, 2024 | −17.0% | 28 days | Dec 4, 2024 | 5 mo |
| Oct 29, 2025 | Mar 30, 2026 | −16.2% | 5 mo | Apr 17, 2026 | 6 mo |
| Jun 2, 2026 | Jul 29, 2026 | −16.0% | 57 days | not yet | 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 1998: how far Technology Select Sector SPDR Fund 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 Technology Select Sector SPDR Fund from its all-time high?
- Technology Select Sector SPDR Fund is currently 5.3% below its all-time high, set Jun 2, 2026 (as of market close, Sep 11, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Technology Select Sector SPDR Fund drawdown ever?
- The deepest decline on record in our data (since 1998) took Technology Select Sector SPDR Fund 82.0% 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 XLK; no free deep history exists for Technology Select Sector SPDR 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.