Stats › Bear markets and drawdowns › COVID crash 2020

The S&P 500 fell 33.92% in 33 days, the fastest bear ever

20%40%60%200d400d600d2020: -33.92% in 33 days2009: -27.62% in 62 days19291933Feb 1931Jun 19311987193819321961Nov 19311939196619302002202219461948193719342007195619401968200019801973

At 33 days and -33.92%, 2020 sits alone. The next fastest bear took 62 days. Nothing else in the record combines that speed with that depth.

Bear markets normally take months. In 2020 the S&P 500 fell 33.92% in 33 calendar days, the fastest decline on record, with the next fastest taking 62. The depth was ordinary against an average of 35.2%; the speed produced every other record that spring.

-33.92%S&P 500 decline
33 daysTime taken
82.69Record VIX close
4Circuit breaker halts

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