CVS’s worst drop since 1999 was 64%
CVS Health (CVS) fell 64% from Mar 2001 to Jan 2003. It took 4.3 years from that peak to close at a new high, in Jul 2005. Over the same years the S&P 500 fell as much as 55%.
That drop is milder than most. It ranks 665th of the 986 stocks PortfolioAutopsy tracks, counted from the deepest.
Drawdown from the last high, 1999 to now
How CVS held up in each crash
| Crash | Years | CVS | S&P 500 |
|---|---|---|---|
| Dot-com bust | 2000–02 | −62.4% | −47.5% |
| Financial crisis | 2007–09 | −45.3% | −55.2% |
| COVID crash | 2020 | −30.8% | −33.7% |
| 2022 rate shock | 2022 | −19.9% | −24.5% |
Each number is the deepest fall from a high inside that window, using daily prices with dividends reinvested.
See how CVS behaves inside your whole mix, with the worst 12 months, loss odds and crash replays. Free, no signup, and the math runs in your browser.
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What was CVS’s maximum drawdown?
CVS’s deepest fall since 1999 was 64.1%, from its high on March 8, 2001 to its low on January 30, 2003. The figure uses daily prices with dividends reinvested.
How long did CVS take to recover?
4.3 years. CVS first closed above its Mar 2001 high again on July 8, 2005.
Was CVS riskier than the S&P 500?
Over the same years, CVS’s worst drop was 64.1% against 55.2% for the S&P 500 (SPY), and its worst 12 months were −57.3% against −47.4%.
Compare with
Daily adjusted closes from Yahoo Finance, January 5, 1999 through October 13, 2026, dividends reinvested. Historical facts, not a forecast and not investment advice.