O’s worst drop since 1999 was 48%
Realty Income (O) fell 48% from Sep 2008 to Mar 2009. It took 1.3 years from that peak to close at a new high, in Jan 2010. Over the same years the S&P 500 fell as much as 55%.
That drop is milder than most. It ranks 910th of the 986 stocks PortfolioAutopsy tracks, counted from the deepest.
Drawdown from the last high, 1999 to now
How O held up in each crash
| Crash | Years | O | S&P 500 |
|---|---|---|---|
| Dot-com bust | 2000–02 | −20.5% | −47.5% |
| Financial crisis | 2007–09 | −48.4% | −55.2% |
| COVID crash | 2020 | −48.3% | −33.7% |
| 2022 rate shock | 2022 | −25.1% | −24.5% |
Each number is the deepest fall from a high inside that window, using daily prices with dividends reinvested.
See how O 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 O’s maximum drawdown?
O’s deepest fall since 1999 was 48.4%, from its high on September 18, 2008 to its low on March 6, 2009. The figure uses daily prices with dividends reinvested.
How long did O take to recover?
1.3 years. O first closed above its Sep 2008 high again on January 8, 2010.
Was O riskier than the S&P 500?
Over the same years, O’s worst drop was 48.4% against 55.2% for the S&P 500 (SPY), and its worst 12 months were −42.2% 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.