15 M
+44%
+118.2% over 45.1 months (M)
Average bull return and duration after breakeven
115 M
+412%
95 M
+181%
93 M
+365%
59 M
+218%
53 M
+64%
12 M
+16%
17 M
+46%
40 M
+72%
34 M
+47%
22 M
+26%
14 M
+21%
20 M
+26%
Recovery from Bear Market
Post-Breakeven Gains
900%
800%
700%
600%
500%
400%
300%
200%
100%
0%
1940
1945
1950
1955
1960
1965
1970
1975
1980
1985
1990
1995
2000
2005
2010
2015
2020