Consumer Staples Select Sector SPDR Fund drawdown: 8.0% below the all-time high
Consumer Staples Select Sector SPDR Fund is 8.0% below its all-time high, set Feb 27, 2026 (as of market close, Sep 18, 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
- −8.0%
- 92.0% of ATH
- All-time high
- $90.01
- Feb 27, 2026
- Time below the high
- 7 mo
- since Feb 27, 2026
- Worst-ever drawdown
- −37.8%
- Mar 10, 2003
- Longest underwater
- 6.9 yrs
- between all-time highs
- Today's level first reached
- Sep 3, 2024
- 2.0 yrs ago
- Last time this deep
- Jan 7, 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 |
|---|---|---|---|---|---|
| Dec 28, 2000 | Mar 10, 2003 | −37.8% | 2.2 yrs | Nov 28, 2007 | 6.9 yrs |
| Dec 10, 2007 | Mar 9, 2009 | −34.2% | 15 mo | Dec 16, 2010 | 3.0 yrs |
| Mar 18, 1999 | Mar 7, 2000 | −32.7% | 12 mo | Nov 28, 2000 | 1.7 yrs |
| Feb 14, 2020 | Mar 23, 2020 | −24.9% | 38 days | Aug 24, 2020 | 6 mo |
| Apr 20, 2022 | Oct 12, 2023 | −17.8% | 18 mo | Aug 19, 2024 | 2.3 yrs |
| Jan 26, 2018 | Dec 24, 2018 | −17.0% | 11 mo | Jun 11, 2019 | 16 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 Consumer Staples 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 Consumer Staples Select Sector SPDR Fund from its all-time high?
- Consumer Staples Select Sector SPDR Fund is currently 8.0% below its all-time high, set Feb 27, 2026 (as of market close, Sep 18, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Consumer Staples Select Sector SPDR Fund drawdown ever?
- The deepest decline on record in our data (since 1998) took Consumer Staples Select Sector SPDR Fund 37.8% below its prior high, bottoming Mar 10, 2003. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from XLP; no free deep history exists for Consumer Staples 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.
