MARKET UPDATE
Stock market returns are likely to turn negative at some point in any given year. Some declines are short-lived, while others may last the entire year.
But did you know that over the last 41 years, the stock market has ended in positive territory more than 75% of the time? To see how this tendency has played out, the chart below shows the calendar year performance of the S&P 500® Index in green and the largest period of downward performance within each calendar year in red.
Keep in mind, the intra-year declines show that between January 1 and December 31 of the year, at some point, the index was down the percentage highlighted in red. The green percentages highlight the summary of how the index performed for the entire year.
Intra-year decline refers to the maximum drawdown or the largest market drop from a peak to a trough within a calendar year, based on the daily price index.
Intra-year decline refers to the maximum drawdown or the largest market drop from a peak to a trough within a calendar year, based on the daily price index.
If you stick to your portfolio without selling during stock market volatility, you may be able to avoid missing out on the long-term potential of the market. That’s why it may be beneficial to consider a broader view of market history when looking at your long-term investment goals.
The S&P 500® Index is a market-cap weighted index that represents the average performance of a group of 500 large-capitalization stocks.
Results shown assume reinvestment of dividends or interest.
Any indexes shown are unmanaged and do not reflect the typical costs of investing. Investors cannot invest directly in an index.
Index performance is not indicative of the performance of any Thrivent product.
Past performance is not necessarily indicative of future results.
