: % off the all-time intraday highs as of Friday's close
It looks like $IWM and $QQQ are down seriously. Well, they are, from the recent highs.
However, look at how far they are up from the 52 week low based on Friday's close.
So, it seems pretty reasonable for the small caps and Nazz to have the biggest decline, since they had the run-up to get there.