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Performance analysis of Forward Air (FWRD)

Annual Return

Over the past 3 years, FWRD has had an average annual return of -48.34%, underperforming the benchmark SPY, which returned +19.62% annual.

Over the past 5 years, FWRD has had an average annual return of -28.27%, underperforming the benchmark SPY, which returned +12.73% annual.

Over the past 10 years, FWRD has had an average annual return of -9.33%, underperforming the benchmark SPY, which returned +15.04% annual.

Since Nov 1, 1999, FWRD has had an average annual return of +1.82%, underperforming the benchmark SPY, which returned +8.49% annual.

202620252024202320222021202020192018201720162015
-35.16%-22.48%-48.70%-39.32%-12.56%+59.40%+11.26%+29.01%-3.50%+22.67%+11.41%-13.79%
201420132012201120102009200820072006200520042003
+15.93%+26.72%+10.38%+14.02%+14.60%+4.61%-21.36%+8.67%-20.42%+23.85%+62.55%+41.68%
2002200120001999
-42.78%-9.09%+29.01%+57.75%

Monthly Return

YearJanFebMarAprMayJunJulAugSepOctNovDecAnnually Total
2026+11.52%-9.29%-33.93%+26.03%-49.76%+27.69%+19.98%-35.16%
2025+0%-30.32%-10.59%-26.73%+13.99%+46.25%+23.84%-1.19%-14.62%-26.64%+22.12%+8.84%-22.48%
2024-29.49%-16.24%-16.21%-29.22%-23.71%+13.34%+33.19%+25.27%+11.43%-0.20%+3.85%-12.10%-48.70%
2023+2.82%-4.30%+4.65%-2.09%-7.58%+9.09%+12%-40.18%-2.94%-6.30%-1.00%-1.04%-39.32%
2022-12.21%-2.93%-5.01%-0.83%-3.65%-1.32%+14.10%-7.31%-6.99%+17.29%+6.37%-6.66%-12.56%
2021-6.70%+19.93%+3.79%-0.59%+9.98%-7.37%-1.46%-0.06%-5.84%+21.13%-1.60%+22.62%+59.40%
2020-6.43%-9.84%-13.91%+1.87%-3.34%+0.28%+4.36%+13.81%-2.73%+9.74%+16.35%+5.16%+11.26%
2019+6.71%+10.46%+0.41%-2.18%-11.56%+5.95%+6.51%-0.82%+2.28%+8.55%+1.50%-0.12%+29.01%
2018+5.69%-11.05%-1.84%+2.14%+10.15%-0.40%+8.16%+0.80%+11.58%-16.33%+9.13%-15.98%-3.50%
2017+1.71%+2.82%-3.69%+11.77%-1.66%+2.21%-2.72%+0.57%+10.12%+0.37%-0.67%+0.95%+22.67%

Drawdown analysis of Forward Air (FWRD)

The maximum drawdown for the FWRD was -93.19%, occurring on May 19, 2026. This drawdown has not yet recovered.

The current FWRD drawdown is -86.71%.

Since Nov 1, 1999 FWRD has experienced the following drawdowns:

  • 50% or more: 3 times
  • 40% or more: 4 times
  • 30% or more: 6 times
  • 20% or more: 7 times
  • 10% or more: 19 times
DepthStartTo BottomBottomTo RecoverEndTotal
-93.19%Jan 4, 20221096May 19, 2026OngoingOngoingOngoing
-66.93%Jul 6, 2006672Mar 9, 20091091Jul 9, 20131763
-65.25%Aug 1, 2000553Oct 16, 2002696Jul 22, 20051249
-42.77%Jan 16, 202043Mar 19, 2020163Nov 9, 2020206
-36.22%Mar 20, 2015226Feb 11, 2016410Sep 27, 2017636
-36.00%Feb 8, 20008Feb 18, 200042Apr 19, 200050
-27.94%Oct 1, 201858Dec 24, 2018212Oct 28, 2019270
-17.96%Jan 19, 201846Mar 27, 201859Jun 20, 2018105
-17.89%May 7, 202189Sep 14, 202133Oct 29, 2021122
-17.39%Jan 6, 20009Jan 20, 200013Feb 8, 200022
-14.97%May 3, 200014May 23, 200024Jun 27, 200038
-14.24%Nov 22, 200556Feb 14, 200695Jun 30, 2006151
-12.14%Jan 20, 20217Jan 29, 20217Feb 9, 202114
-11.72%Nov 18, 19999Dec 2, 19993Dec 7, 199912
-11.49%Dec 30, 201421Jan 30, 20157Feb 10, 201528
-11.27%Jun 28, 200013Jul 18, 20004Jul 24, 200017
-11.21%Jul 11, 201327Aug 19, 201330Oct 1, 201357
-10.70%Sep 30, 200512Oct 18, 200517Nov 10, 200529
-10.04%Jul 3, 201462Oct 1, 201430Nov 12, 201492
-9.60%Apr 21, 201421May 20, 201426Jun 26, 201447
-9.11%Mar 12, 20217Mar 23, 202128May 3, 202135
-8.94%Jun 21, 201822Jul 24, 20185Jul 31, 201827
-8.35%Oct 12, 201724Nov 15, 201735Jan 8, 201859
-8.12%Nov 11, 202112Nov 30, 20215Dec 7, 202117
-6.62%Apr 19, 20002Apr 24, 20002Apr 26, 20004