SNOW’s worst drop since 2020 was 73%
Snowflake (SNOW) fell 73% from Nov 2021 to Sep 2024. It has not closed above that Nov 2021 peak since, 4.9 years later. Over the same years the S&P 500 fell as much as 25%.
That drop is milder than most. It ranks 497th of the 986 stocks PortfolioAutopsy tracks, counted from the deepest.
Drawdown from the last high, 2020 to now
How SNOW held up in each crash
| Crash | Years | SNOW | S&P 500 |
|---|---|---|---|
| Dot-com bust | 2000–02 | not trading yet | −47.5% |
| Financial crisis | 2007–09 | not trading yet | −55.2% |
| COVID crash | 2020 | not trading yet | −33.7% |
| 2022 rate shock | 2022 | −65.9% | −24.5% |
Each number is the deepest fall from a high inside that window, using daily prices with dividends reinvested.
See how SNOW 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.
Open SNOW in PortfolioAutopsyCheck my whole portfolioQuestions
What was SNOW’s maximum drawdown?
SNOW’s deepest fall since 2020 was 73.0%, from its high on November 16, 2021 to its low on September 6, 2024. The figure uses daily prices with dividends reinvested.
How long did SNOW take to recover?
It has not recovered yet. As of October 13, 2026 it sits 11.2% below that Nov 2021 high.
Was SNOW riskier than the S&P 500?
Over the same years, SNOW’s worst drop was 73.0% against 24.5% for the S&P 500 (SPY), and its worst 12 months were −66.5% against −19.7%.
Compare with
Daily adjusted closes from Yahoo Finance, September 17, 2020 through October 13, 2026, dividends reinvested. Historical facts, not a forecast and not investment advice.