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ASB vs SPY

Comparison between Associated Banc-Corp (ASB, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed ASB, delivering a return of +13.8% compared to +8.4%

ASB vs SPY - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Market Cap / Net Assets
ASB
$4.63B
Winner
SPY
$735B
Expense Ratio
ASB
N/A
SPY
0.09%
Max Drawdown
ASB
74.74%
Winner
SPY
56.47%
Sharpe Ratio
ASB
0.69
Winner
SPY
1.67
5Y Beta
ASB
1.17
Winner
SPY
1.00
Industry
ASB
Banks - Regional
SPY
N/A
P/E Ratio
Winner
ASB
9.42
SPY
28.81
Forward P/E
Winner
ASB
9.34
SPY
22.07
PEG Ratio
ASB
0.05
SPY
N/A
Dividend Yield
ASB
3.42%
SPY
N/A
5Y Dividends CAGR
Winner
ASB
10.20%
SPY
5.43%
5Y EPS CAGR
ASB
5.15%
Winner
SPY
25.84%
Debt to Equity
Winner
ASB
19.77%
SPY
34.16%
Free Cash Flow Yield
ASB
14.11%
SPY
N/A
P/S Ratio
ASB
N/A
SPY
3.69
P/B Ratio
ASB
N/A
SPY
5.54

ASB vs SPY - Historical Returns

Returns include dividend reinvestment.

1M
ASB
-1.32%
Winner
SPY
+4.59%
3M
ASB
-1.13%
Winner
SPY
+7.81%
6M
Winner
ASB
+15.76%
SPY
+14.24%
1Y
ASB
+21.09%
Winner
SPY
+26.47%
5Y(CAGR)
ASB
+8.39%
Winner
SPY
+13.84%
10Y(CAGR)
ASB
+8.05%
Winner
SPY
+15.57%
Max(CAGR)
ASB
+3.86%
Winner
SPY
+8.50%

ASB vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearASBSPY
2026+9.62%+8.80%
2025+13.30%+18.00%
2024+14.32%+25.59%
2023-3.19%+26.72%
2022+3.46%-18.64%
2021+36.07%+30.52%
2020-18.44%+17.28%
2019+14.18%+31.09%
2018-20.17%-5.24%
2017+3.91%+20.78%
2016+38.27%+13.59%
2015+4.16%+1.31%
2014+10.60%+14.56%
2013+30.25%+29.00%
2012+16.84%+14.17%
2011-27.05%+0.85%
2010+31.23%+13.14%
2009-46.82%+22.67%
2008-17.15%-36.25%
2007-19.49%+5.32%
2006+10.27%+13.85%
2005+2.07%+5.32%
2004+20.61%+10.75%
2003+28.31%+24.18%
2002+11.07%-22.42%
2001+22.88%-10.13%
2000-3.16%-8.84%
1999-10.90%+8.61%

ASB vs SPY Drawdown Comparison

The maximum drawdown for ASB was -71.36%, occurring on Sep 22, 2011. Recovery took 2833 trading sessions.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current ASB drawdown is -3.86%. The current SPY drawdown is -0.92%.

RankASBSPY
#1-71.36%
Feb 20, 2007 - May 21, 2018
-55.20%
Oct 9, 2007 - Aug 16, 2012
#2-60.21%
Jun 8, 2018 - Jan 11, 2022
-47.50%
Mar 24, 2000 - Oct 26, 2006
#3-44.84%
Dec 1, 1999 - Mar 4, 2002
-33.70%
Feb 19, 2020 - Aug 10, 2020
#4-41.36%
Nov 10, 2022 - Jul 16, 2024
-24.50%
Jan 3, 2022 - Dec 13, 2023
#5-31.57%
Nov 6, 2024 - Dec 10, 2025
-19.34%
Sep 20, 2018 - Apr 12, 2019
#6-30.20%
Feb 8, 2022 - Nov 10, 2022
-18.76%
Feb 19, 2025 - Jun 26, 2025
#7-28.26%
May 14, 2002 - May 30, 2003
-13.02%
Jul 20, 2015 - Apr 18, 2016
#8-16.38%
Feb 6, 2026 - Mar 18, 2026
-10.10%
Jan 26, 2018 - Aug 6, 2018
#9-16.20%
Jul 26, 2024 - Oct 28, 2024
-9.44%
Sep 2, 2020 - Nov 11, 2020
#10-15.60%
Jul 20, 2005 - Feb 16, 2006
-9.30%
Jan 19, 2000 - Mar 17, 2000
#11-12.95%
Nov 4, 2004 - Jul 8, 2005
-9.05%
Jul 19, 2007 - Oct 5, 2007
#12-12.34%
Feb 27, 2006 - Dec 12, 2006
-8.88%
Jan 27, 2026 - Apr 14, 2026
#13-10.80%
Mar 5, 2004 - Jul 20, 2004
-8.41%
Jul 16, 2024 - Sep 19, 2024
#14-6.48%
Jan 14, 2022 - Feb 8, 2022
-7.35%
Sep 14, 2012 - Jan 2, 2013
#15-6.01%
Jun 16, 2003 - Jul 14, 2003
-7.27%
Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between ASB and SPY is 0.71 which considered as a strong positive correlation - the stocks tend to move together.

0.71
-101

Dividend Comparison (1999 - 2026)

ASB vs SPY dividend yield comparison.

YearASBSPY
20260.86%0.24%
20253.61%1.07%
20243.72%1.21%
20233.97%1.40%
20223.51%1.65%
20213.36%1.20%
20204.22%1.52%
20193.13%1.75%
20183.13%2.04%
20171.97%1.80%
20161.82%2.03%
20152.19%2.06%
20141.99%1.87%
20131.90%1.81%
20121.75%2.18%
20110.36%2.05%
20100.26%1.80%
20094.27%1.95%
20086.07%3.02%
20074.50%1.85%
20063.27%1.73%
20053.26%1.73%
20042.94%1.82%
20033.11%1.47%
20023.57%1.70%
20013.46%1.25%
20003.82%1.15%
19990.00%0.24%

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