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