The worst drawdown of 86.1% was during the stock market collapse of 1929 occurring in June 1932 - yikes!
Other significant drawdowns:
Apr 1942 - 76.6%
Feb 1843 - 71.4%
Sept 1859 - 60.8%
Mar 2009 - 56.8% (financial crisis)
Aug 1896 - 50.5%
The recent COVID drop of 33.9% in March 2020 pales in comparison.
I wonder why it dropped so much in Apr 1942? The Japs had bombed up months previously, so it was old new we were getting in the war. Maybe we lost some big battle that month? Or why the drop then? I'm going to guess it came back rather strong.
