AVNS vs SPY
Comparison between Avanos Medical Inc (AVNS, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSPY has outperformed AVNS, delivering a return of +13.3% compared to -8.5%
AVNS vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap / Net Assets
AVNS
$1.16B
Winner
SPY
$735B
Expense Ratio
AVNS
N/A
SPY
0.09%
Max Drawdown
AVNS
86.39%
Winner
SPY
56.47%
Sharpe Ratio
AVNS
1.15
Winner
SPY
1.62
5Y Beta
Winner
AVNS
0.89
SPY
1.00
Industry
AVNS
Medical Devices
SPY
N/A
P/E Ratio
Winner
AVNS
-15.42
SPY
28.99
Forward P/E
AVNS
30.67
Winner
SPY
22.37
5Y Dividends CAGR
AVNS
N/A
SPY
5.43%
5Y EPS CAGR
AVNS
13.41%
Winner
SPY
26.05%
Debt to Equity
Winner
AVNS
12.56%
SPY
32.40%
Free Cash Flow Yield
AVNS
3.17%
SPY
N/A
P/S Ratio
Winner
AVNS
1.62
SPY
3.74
P/B Ratio
Winner
AVNS
1.49
SPY
5.61
AVNS vs SPY - Historical Returns
Returns include dividend reinvestment.
1M
AVNS
+1.44%
Winner
SPY
+1.90%
3M
Winner
AVNS
+81.69%
SPY
+8.55%
6M
Winner
AVNS
+122.51%
SPY
+8.18%
1Y
Winner
AVNS
+103.20%
SPY
+25.79%
5Y(CAGR)
AVNS
-8.53%
Winner
SPY
+13.32%
10Y(CAGR)
AVNS
-2.65%
Winner
SPY
+15.19%
Max(CAGR)
AVNS
-4.15%
Winner
SPY
+8.47%
AVNS vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | AVNS | SPY |
|---|---|---|
| 2026 | +124.11% | +8.26% |
| 2025 | -29.06% | +18.00% |
| 2024 | -29.81% | +25.59% |
| 2023 | -17.26% | +26.72% |
| 2022 | -23.75% | -18.64% |
| 2021 | -22.85% | +30.52% |
| 2020 | +34.90% | +17.28% |
| 2019 | -20.54% | +31.09% |
| 2018 | -5.76% | -5.24% |
| 2017 | +23.61% | +20.78% |
| 2016 | +12.88% | +13.59% |
| 2015 | -27.76% | +1.31% |
| 2014 | +10.90% | +14.56% |
| 2013 | N/A | +29.00% |
| 2012 | N/A | +14.17% |
| 2011 | N/A | +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% |
AVNS vs SPY Drawdown Comparison
The maximum drawdown for AVNS was -86.39%, occurring on Aug 5, 2025. This drawdown has not yet recovered.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current AVNS drawdown is -65.51%. The current SPY drawdown is -2.90%.
| Rank | AVNS | SPY |
|---|---|---|
| #1 | -86.39% Sep 4, 2018 - Aug 5, 2025 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -53.80% Apr 8, 2015 - May 2, 2018 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -12.63% Oct 21, 2014 - Dec 22, 2014 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -10.83% Jan 12, 2015 - Mar 20, 2015 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -9.56% Jun 18, 2018 - Aug 7, 2018 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -4.84% Aug 7, 2018 - Aug 20, 2018 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -3.36% Mar 23, 2015 - Apr 1, 2015 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -3.20% Jan 2, 2015 - Jan 7, 2015 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -3.00% Dec 22, 2014 - Dec 30, 2014 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -2.65% Apr 1, 2015 - Apr 8, 2015 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -1.44% May 4, 2018 - May 18, 2018 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -1.40% Jun 6, 2018 - Jun 11, 2018 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -1.04% Jun 14, 2018 - Jun 18, 2018 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -1.00% May 21, 2018 - May 25, 2018 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -0.85% Jan 8, 2015 - Jan 12, 2015 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between AVNS and SPY is -0.71 which considered as a strong negative correlation - the stocks tend to move in opposite directions.
-0.71
-101
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