Approximately 84% of companies within the S&P 500 are currently trading at least 10% below their historical peaks. The Real Estate sector faces the most significant pressure, with 97% of its constituents experiencing a minimum 10% drawdown from all-time highs.
Other sectors showing widespread declines include Materials at 96%, Utilities at 94%, and Consumer Discretionary at 92%. In contrast to these broad market losses, the Energy sector has demonstrated relative resilience by maintaining its value more effectively than other industries.