---
title: Since 1950, the S&P 500 has had an average intra-year drawdown of -13.6% but is still up 11.6% per year annualized.
description: "No Risk, no Reward.\n\nSource: Peter Mallouk @PeterMallouk"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [Since 1950, the S&P 500 has had an average intra-year drawdown of -13.6% but is still up 11.6% per year annualized.](https://blog.syzgroup.com/syz-the-moment/since-1950-the-sp-500-has-had-an-average-intra-year-drawdown-of-13.6-but-is-still-up-11.6-per-year-annualized)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Jan 15, 2025, 1:02:54 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/since-1950-the-sp-500-has-had-an-average-intra-year-drawdown-of-13.6-but-is-still-up-11.6-per-year-annualized)

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