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Drawdown history · ETF

DVY’s worst drop since 2003 was 63%

iShares Select Dividend ETF (DVY) fell 63% from May 2007 to Mar 2009. It took 5.7 years from that peak to close at a new high, in Jan 2013. Over the same years the S&P 500 fell as much as 55%.

That drop ranks 54th deepest among the 203 ETFs PortfolioAutopsy tracks.

−62.5%
Worst drop
May 2007 → Mar 2009
5.7 yrs
Back to the old high
new high Jan 2013
−52.8%
Worst 12 months
Mar 2008 → Mar 2009
5.7 yrs
Longest underwater
from May 2007
−4.9%
Now vs its high
as of 2026-10-13
+8.9%
Yearly return since 2003
dividends reinvested

Drawdown from the last high, 2003 to now

DVYS&P 500 (SPY)
DVY drawdown from its last high since 20030%−20%−40%−60%20052010201520202025−63% by Mar 2009

How DVY held up in each crash

CrashYearsDVYS&P 500
Dot-com bust2000–02not trading yet−47.5%
Financial crisis2007–09−61.7%−55.2%
COVID crash2020−41.6%−33.7%
2022 rate shock2022−17.3%−24.5%

Each number is the deepest fall from a high inside that window, using daily prices with dividends reinvested.

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Questions

What was DVY’s maximum drawdown?

DVY’s deepest fall since 2003 was 62.5%, from its high on May 22, 2007 to its low on March 9, 2009. The figure uses daily prices with dividends reinvested.

How long did DVY take to recover?

5.7 years. DVY first closed above its May 2007 high again on January 29, 2013.

Was DVY riskier than the S&P 500?

Over the same years, DVY’s worst drop was 62.5% against 55.2% for the S&P 500 (SPY), and its worst 12 months were −52.8% against −47.4%.

Compare with

XLI −62%MCHI −63%IBB −63%VBR −62%IUSG −63%VCR −62%VIS −64%FDN −62%All tickers

Daily adjusted closes from Yahoo Finance, November 10, 2003 through October 13, 2026, dividends reinvested. Historical facts, not a forecast and not investment advice.

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