BAM vs SPY

Comparison between Brookfield Asset Management Ltd - Class A (BAM, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

BAM vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BAM(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$79B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	32.16%	56.47%
Sharpe Ratio	-0.26	2.07
5Y Beta	1.27	1.00
Industry	Asset Management	N/A
P/E Ratio	31.87	28.24
Forward P/E	25.51	21.85
PEG Ratio	1.95	N/A
Dividend Yield	3.60%	N/A
5Y Dividends CAGR	N/A	5.43%
5Y EPS CAGR	N/A	25.79%
Debt to Equity	41.07%	22.35%
Free Cash Flow Yield	2.81%	N/A
P/S Ratio	16.54	3.55
P/B Ratio	9.61	5.29

Market Cap / Net Assets

BAM

$79B

Winner

SPY

$652B

Expense Ratio

BAM

N/A

SPY

0.09%

Max Drawdown

Winner

BAM

32.16%

SPY

56.47%

Sharpe Ratio

BAM

-0.26

Winner

SPY

2.07

5Y Beta

BAM

1.27

Winner

SPY

1.00

Industry

BAM

Asset Management

SPY

N/A

P/E Ratio

BAM

31.87

Winner

SPY

28.24

Forward P/E

BAM

25.51

Winner

SPY

21.85

PEG Ratio

BAM

1.95

SPY

N/A

Dividend Yield

BAM

3.60%

SPY

N/A

5Y Dividends CAGR

BAM

N/A

SPY

5.43%

5Y EPS CAGR

BAM

N/A

SPY

25.79%

Debt to Equity

BAM

41.07%

Winner

SPY

22.35%

Free Cash Flow Yield

BAM

2.81%

SPY

N/A

P/S Ratio

BAM

16.54

Winner

SPY

3.55

P/B Ratio

BAM

9.61

Winner

SPY

5.29

BAM vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	BAM	SPY
1 month	+9.90%	+9.11%
3 months	-2.34%	+6.59%
6 months	-4.41%	+10.56%
1 year	-9.52%	+32.04%
5 years(CAGR)	N/A	+13.35%
10 years(CAGR)	N/A	+15.49%
Max(CAGR)	+17.57%	+8.50%

Winner

BAM

+9.90%

SPY

+9.11%

BAM

-2.34%

Winner

SPY

+6.59%

BAM

-4.41%

Winner

SPY

+10.56%

BAM

-9.52%

Winner

SPY

+32.04%

5Y(CAGR)

BAM

N/A

SPY

+13.35%

10Y(CAGR)

BAM

N/A

SPY

+15.49%

Max(CAGR)

Winner

BAM

+17.57%

SPY

+8.50%

BAM vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	BAM	SPY
2026	-5.94%	+8.27%
2025	-0.56%	+18.00%
2024	+44.51%	+25.59%
2023	+46.61%	+26.72%
2022	-10.41%	-18.64%
2021	N/A	+30.52%
2020	N/A	+17.28%
2019	N/A	+31.09%
2018	N/A	-5.24%
2017	N/A	+20.78%
2016	N/A	+13.59%
2015	N/A	+1.31%
2014	N/A	+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%

BAM vs SPY Drawdown Comparison

The maximum drawdown for BAM was -30.36%, occurring on Mar 24, 2026. 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 BAM drawdown is -19.20%.

Rank	BAM	SPY
#1	-30.36% Jul 24, 2025 - Mar 24, 2026	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-29.54% Jan 29, 2025 - Jul 17, 2025	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-20.47% Sep 15, 2023 - Dec 1, 2023	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-17.87% Dec 2, 2022 - Feb 2, 2023	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-13.12% Feb 15, 2023 - Aug 11, 2023	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-12.04% Dec 11, 2024 - Jan 24, 2025	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-11.72% Mar 21, 2024 - Jul 22, 2024	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-11.57% Jul 31, 2024 - Sep 11, 2024	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-8.01% Aug 14, 2023 - Sep 11, 2023	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-6.41% Dec 27, 2023 - Jan 26, 2024	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-4.84% Nov 11, 2024 - Nov 26, 2024	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-4.61% Mar 7, 2024 - Mar 21, 2024	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-4.58% Jan 29, 2024 - Feb 15, 2024	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-2.84% Jul 22, 2024 - Jul 30, 2024	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-2.50% Dec 1, 2023 - Dec 12, 2023	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between BAM and SPY is 0.86 which considered as a strong positive correlation - the stocks tend to move together.

0.86

-101

Dividend Comparison (1999 - 2026)

BAM vs SPY dividend yield comparison.

Year	BAM	SPY
2026	1.01%	0.24%
2025	3.34%	1.07%
2024	2.80%	1.21%
2023	3.19%	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	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%