AXL vs SPY
Comparison between American Axle & Manufacturing Holdings Inc (AXL, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSPY has outperformed AXL, delivering a return of +13.4% compared to -12.2%
AXL vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
AXL vs SPY - Historical Returns
Returns include dividend reinvestment.
AXL vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | AXL | SPY |
|---|---|---|
| 2026 | -2.16% | +8.88% |
| 2025 | +11.28% | +18.00% |
| 2024 | -33.30% | +25.59% |
| 2023 | +14.71% | +26.72% |
| 2022 | -18.29% | -18.64% |
| 2021 | +14.90% | +30.52% |
| 2020 | -23.97% | +17.28% |
| 2019 | -5.11% | +31.09% |
| 2018 | -36.46% | -5.24% |
| 2017 | -12.58% | +20.78% |
| 2016 | +4.21% | +13.59% |
| 2015 | -17.33% | +1.31% |
| 2014 | +11.83% | +14.56% |
| 2013 | +74.34% | +29.00% |
| 2012 | +6.77% | +14.17% |
| 2011 | -26.85% | +0.85% |
| 2010 | +46.80% | +13.14% |
| 2009 | +191.64% | +22.67% |
| 2008 | -83.62% | -36.25% |
| 2007 | +2.72% | +5.32% |
| 2006 | +5.73% | +13.85% |
| 2005 | -36.94% | +5.32% |
| 2004 | -23.53% | +10.75% |
| 2003 | +67.51% | +24.18% |
| 2002 | +11.58% | -22.42% |
| 2001 | +169.34% | -10.13% |
| 2000 | -33.85% | -8.84% |
| 1999 | -11.01% | +8.61% |
AXL vs SPY Drawdown Comparison
The maximum drawdown for AXL was -99.21%, occurring on Mar 9, 2009. 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 AXL drawdown is -82.76%. The current SPY drawdown is -2.35%.
| Rank | AXL | SPY |
|---|---|---|
| #1 | -99.21% Jan 7, 2004 - Mar 9, 2009 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -65.07% Jan 12, 2000 - Jul 10, 2001 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -53.71% Jul 18, 2001 - Jan 18, 2002 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -46.12% May 15, 2002 - Nov 12, 2003 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -15.56% Jan 31, 2002 - Mar 1, 2002 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -14.35% Nov 3, 1999 - Jan 7, 2000 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -10.68% Mar 12, 2002 - Apr 8, 2002 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -8.81% Mar 6, 2002 - Mar 12, 2002 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -6.80% Apr 16, 2002 - May 3, 2002 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -5.72% Dec 1, 2003 - Dec 26, 2003 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -5.06% Nov 13, 2003 - Nov 24, 2003 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -4.14% Jan 23, 2002 - Jan 30, 2002 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -1.84% May 10, 2002 - May 14, 2002 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -1.20% Jul 16, 2001 - Jul 18, 2001 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -1.12% Jul 12, 2001 - Jul 16, 2001 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between AXL and SPY is -0.50 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.
Dividend Comparison (1999 - 2026)
AXL vs SPY dividend yield comparison.
| Year | AXL | SPY |
|---|---|---|
| 2026 | 0.00% | 0.24% |
| 2025 | 0.00% | 1.07% |
| 2024 | 0.00% | 1.21% |
| 2023 | 0.00% | 1.40% |
| 2022 | 0.00% | 1.65% |
| 2021 | 0.00% | 1.20% |
| 2020 | 0.00% | 1.52% |
| 2019 | 0.00% | 1.75% |
| 2018 | 0.00% | 2.04% |
| 2017 | 0.00% | 1.80% |
| 2016 | 0.00% | 2.03% |
| 2015 | 0.00% | 2.06% |
| 2014 | 0.00% | 1.87% |
| 2013 | 0.00% | 1.81% |
| 2012 | 0.00% | 2.18% |
| 2011 | 0.00% | 2.05% |
| 2010 | 0.00% | 1.80% |
| 2009 | 0.00% | 1.95% |
| 2008 | 11.76% | 3.02% |
| 2007 | 3.22% | 1.85% |
| 2006 | 3.16% | 1.73% |
| 2005 | 3.27% | 1.73% |
| 2004 | 1.47% | 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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