AL vs SPY
Comparison between Air Lease Corporation (AL, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSPY has outperformed AL, delivering a return of +13.7% compared to +8.9%
AL vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap / Net Assets
AL
$7.28B
Winner
SPY
$735B
Expense Ratio
AL
N/A
SPY
0.09%
Max Drawdown
AL
78.53%
Winner
SPY
56.47%
Sharpe Ratio
Winner
AL
2.45
SPY
1.76
5Y Beta
Winner
AL
0.94
SPY
1.00
Industry
AL
Rental & Leasing Services
SPY
N/A
P/E Ratio
Winner
AL
7.03
SPY
28.46
Forward P/E
Winner
AL
12.35
SPY
21.99
PEG Ratio
AL
0.05
SPY
N/A
Dividend Yield
AL
1.35%
SPY
N/A
5Y Dividends CAGR
Winner
AL
12.52%
SPY
5.43%
5Y EPS CAGR
AL
13.50%
Winner
SPY
25.20%
Debt to Equity
AL
231.83%
Winner
SPY
33.33%
Free Cash Flow Yield
AL
22.35%
SPY
N/A
P/S Ratio
Winner
AL
2.42
SPY
3.65
P/B Ratio
Winner
AL
0.86
SPY
5.50
AL vs SPY - Historical Returns
Returns include dividend reinvestment.
1M
AL
+0.00%
Winner
SPY
+5.60%
3M
AL
+0.76%
Winner
SPY
+8.72%
6M
AL
+2.42%
Winner
SPY
+10.63%
1Y
AL
+14.85%
Winner
SPY
+26.62%
5Y(CAGR)
AL
+8.90%
Winner
SPY
+13.70%
10Y(CAGR)
AL
+10.02%
Winner
SPY
+15.47%
Max(CAGR)
AL
+6.93%
Winner
SPY
+8.50%
AL vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | AL | SPY |
|---|---|---|
| 2026 | +1.67% | +8.50% |
| 2025 | +36.01% | +18.00% |
| 2024 | +19.36% | +25.59% |
| 2023 | +9.55% | +26.72% |
| 2022 | -13.04% | -18.64% |
| 2021 | +5.93% | +30.52% |
| 2020 | -3.94% | +17.28% |
| 2019 | +56.49% | +31.09% |
| 2018 | -36.45% | -5.24% |
| 2017 | +37.87% | +20.78% |
| 2016 | +5.30% | +13.59% |
| 2015 | -2.19% | +1.31% |
| 2014 | +12.78% | +14.56% |
| 2013 | +42.05% | +29.00% |
| 2012 | -8.59% | +14.17% |
| 2011 | -15.17% | +0.85% |
| 2010 | N/A | +13.14% |
| 2009 | N/A | +22.67% |
| 2008 | N/A | -36.25% |
| 2007 | N/A | +5.32% |
| 2006 | N/A | +13.85% |
| 2005 | N/A | +5.32% |
| 2004 | N/A | +10.75% |
| 2003 | N/A | +24.18% |
| 2002 | N/A | -22.42% |
| 2001 | N/A | -10.13% |
| 2000 | N/A | -8.84% |
| 1999 | N/A | +8.61% |
AL vs SPY Drawdown Comparison
The maximum drawdown for AL was -78.22%, occurring on Mar 18, 2020. Recovery took 286 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current SPY drawdown is -1.20%.
| Rank | AL | SPY |
|---|---|---|
| #1 | -78.22% Jan 16, 2020 - Mar 8, 2021 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -46.03% Jun 6, 2014 - Aug 4, 2017 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -42.34% Jan 26, 2018 - Jan 16, 2020 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -40.61% Mar 11, 2021 - Mar 25, 2024 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -39.97% May 20, 2011 - May 9, 2013 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -21.72% Nov 25, 2024 - May 6, 2025 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -21.35% Apr 29, 2024 - Nov 25, 2024 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -15.56% May 9, 2013 - Nov 4, 2013 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -9.04% Jul 3, 2025 - Aug 22, 2025 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -8.98% Nov 15, 2013 - Feb 14, 2014 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -8.89% Aug 7, 2017 - Oct 2, 2017 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -8.36% Apr 21, 2011 - May 19, 2011 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -7.99% Mar 20, 2014 - May 9, 2014 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -7.72% Oct 16, 2017 - Dec 13, 2017 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -6.26% Mar 28, 2024 - Apr 25, 2024 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between AL and SPY is 0.90 which considered as a strong positive correlation - the stocks tend to move together.
0.90
-101
Dividend Comparison (1999 - 2026)
AL vs SPY dividend yield comparison.
| Year | AL | SPY |
|---|---|---|
| 2026 | 0.34% | 0.24% |
| 2025 | 1.37% | 1.07% |
| 2024 | 1.76% | 1.21% |
| 2023 | 1.93% | 1.40% |
| 2022 | 1.97% | 1.65% |
| 2021 | 1.50% | 1.20% |
| 2020 | 1.37% | 1.52% |
| 2019 | 1.14% | 1.75% |
| 2018 | 1.42% | 2.04% |
| 2017 | 0.68% | 1.80% |
| 2016 | 0.66% | 2.03% |
| 2015 | 0.51% | 2.06% |
| 2014 | 0.38% | 1.87% |
| 2013 | 0.34% | 1.81% |
| 2012 | 0.00% | 2.18% |
| 2011 | 0.00% | 2.05% |
| 2010 | 0.00% | 1.80% |
| 2009 | 0.00% | 1.95% |
| 2008 | 0.00% | 3.02% |
| 2007 | 0.00% | 1.85% |
| 2006 | 0.00% | 1.73% |
| 2005 | 0.00% | 1.73% |
| 2004 | 0.00% | 1.82% |
| 2003 | 0.00% | 1.47% |
| 2002 | 0.00% | 1.70% |
| 2001 | 0.00% | 1.25% |
| 2000 | 0.00% | 1.15% |
| 1999 | 0.00% | 0.24% |
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