AIT vs SPY
Comparison between Applied Industrial Technologies Inc (AIT, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceAIT has outperformed SPY, delivering a return of +25.4% compared to +13.3%
AIT vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
AIT vs SPY - Historical Returns
Returns include dividend reinvestment.
AIT vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | AIT | SPY |
|---|---|---|
| 2026 | +19.20% | +8.27% |
| 2025 | +8.41% | +18.00% |
| 2024 | +41.57% | +25.59% |
| 2023 | +39.56% | +26.72% |
| 2022 | +24.41% | -18.64% |
| 2021 | +36.16% | +30.52% |
| 2020 | +19.49% | +17.28% |
| 2019 | +27.76% | +31.09% |
| 2018 | -19.25% | -5.24% |
| 2017 | +15.04% | +20.78% |
| 2016 | +53.09% | +13.59% |
| 2015 | -7.75% | +1.31% |
| 2014 | -3.40% | +14.56% |
| 2013 | +14.96% | +29.00% |
| 2012 | +20.64% | +14.17% |
| 2011 | +9.11% | +0.85% |
| 2010 | +46.82% | +13.14% |
| 2009 | +13.06% | +22.67% |
| 2008 | -29.65% | -36.25% |
| 2007 | +11.91% | +5.32% |
| 2006 | +14.12% | +13.85% |
| 2005 | +32.02% | +5.32% |
| 2004 | +70.53% | +10.75% |
| 2003 | +31.81% | +24.18% |
| 2002 | +4.95% | -22.42% |
| 2001 | -3.28% | -10.13% |
| 2000 | +27.15% | -8.84% |
| 1999 | +4.67% | +8.61% |
AIT vs SPY Drawdown Comparison
The maximum drawdown for AIT was -59.29%, occurring on Mar 18, 2020. Recovery took 547 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current AIT drawdown is -2.05%.
| Rank | AIT | SPY |
|---|---|---|
| #1 | -59.29% Sep 21, 2018 - Nov 23, 2020 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -57.17% Oct 31, 2007 - Oct 21, 2010 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -32.25% Apr 19, 2006 - Jul 3, 2007 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -30.33% Jul 7, 2011 - Jan 5, 2012 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -28.67% May 23, 2002 - Jun 17, 2003 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -27.51% Aug 1, 2013 - Oct 27, 2016 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -26.42% Nov 26, 2024 - Jan 13, 2026 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -24.72% Dec 21, 2004 - May 18, 2005 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -23.56% Dec 28, 2000 - Mar 6, 2002 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -22.88% Jan 23, 2004 - Apr 22, 2004 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -20.98% May 14, 2021 - Nov 12, 2021 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -19.97% Jul 19, 2007 - Aug 24, 2007 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -19.01% May 4, 2022 - Aug 11, 2022 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -18.97% Feb 29, 2000 - Aug 10, 2000 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -18.56% Aug 11, 2022 - Oct 27, 2022 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between AIT and SPY is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.
Dividend Comparison (1999 - 2026)
AIT vs SPY dividend yield comparison.
| Year | AIT | SPY |
|---|---|---|
| 2026 | 0.17% | 0.24% |
| 2025 | 0.72% | 1.07% |
| 2024 | 0.62% | 1.21% |
| 2023 | 0.81% | 1.40% |
| 2022 | 1.08% | 1.65% |
| 2021 | 1.29% | 1.20% |
| 2020 | 1.64% | 1.52% |
| 2019 | 1.86% | 1.75% |
| 2018 | 2.22% | 2.04% |
| 2017 | 1.70% | 1.80% |
| 2016 | 1.89% | 2.03% |
| 2015 | 2.67% | 2.06% |
| 2014 | 2.19% | 1.87% |
| 2013 | 1.87% | 1.81% |
| 2012 | 2.00% | 2.18% |
| 2011 | 2.10% | 2.05% |
| 2010 | 1.97% | 1.80% |
| 2009 | 2.72% | 1.95% |
| 2008 | 3.17% | 3.02% |
| 2007 | 1.86% | 1.85% |
| 2006 | 1.75% | 1.73% |
| 2005 | 1.51% | 1.73% |
| 2004 | 1.26% | 1.82% |
| 2003 | 2.01% | 1.47% |
| 2002 | 2.54% | 1.70% |
| 2001 | 2.57% | 1.25% |
| 2000 | 2.33% | 1.15% |
| 1999 | 0.72% | 0.24% |
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