S&P 500 Intra-Year Declines vs. Calendar Year Returns

On average, investors stomach drawdowns of around 14% a year, but the S&P 500 has still climbed in 35 of the past 46. That turbulence is part of the deal for long-term returns.

Image: J.P. Morgan Asset Management

S&P 500 Intra-Year Declines vs. Calendar Year Returns