Market volatility is normal


Don't let short-term market events drive long-term investment decisions.

While market volatility can be unsettling for many investors, market fluctuations have taken place at different times over the past several decades. While remaining invested during these periods can be challenging, the ability to stay the course may have a significant impact on long-term returns. Fortunately, you don't have to do it alone.

Over time, the market has grown through challenging events*


S&P 500® Index Performance
Q1 2018–Q4 2024

The line chart shows how the S&P 500 Index and the Cboe Volatility Index have performed from Q3-2018 through Q4 2023. Showing key historical events that negatively impacted the market. Events referenced include trade concerns in Q4-2018, Partial Government Shutdown in Q1-2019, Fears of Global Economic Slowdown at the end of Q1-2019, Coronavirus in Q3-2020, Treasury yield 12 year high in Q1-2022, War in Ukraine in Q2-222, Federal Reserve rate hikes continue in Q4-2022, and Silicon Valley Bank collapse in Q1-2023.

We believe that patient investors are often rewarded when they stick with their investment strategy. By staying invested through periods of market volatility, investors have ultimately seen their portfolios grow over the long term.


Don't let volatility throw you off track. Learn how to put market volatility into perspective with our interactive tool.

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