-60%
-40%
-20%
0%
20%
40%
1998
2000
2002
2004
2006
2008
2010
2012
2014
2016
2018
2020
2022
2024
Maximum % Decline During the Year
Median Decline: -13.2%
End of Year Return
Median Return: 12.8%
The largest drawdown in 2020 was -34%, but the year ended up +14%
MSCI World Price Index