BBU vs SPY

Comparison between Brookfield Business Partners L.P.Limited Partnership Units (BBU, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceBBU has outperformed SPY, delivering a return of +14.8% compared to +13.9%

BBU vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BBU(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$2.88B	$735B
Expense Ratio	N/A	0.09%
Max Drawdown	62.36%	56.47%
Sharpe Ratio	0.81	2.02
5Y Beta	N/A	1.00
Industry	Conglomerates	N/A
P/E Ratio	-271.04	28.62
Forward P/E	19.84	22.20
PEG Ratio	-0.50	N/A
Dividend Yield	0.78%	N/A
5Y Dividends CAGR	9.23%	5.43%
5Y EPS CAGR	-38.63%	26.35%
Debt to Equity	1907.11%	33.33%
Free Cash Flow Yield	49.76%	N/A
P/S Ratio	0.10	3.68
P/B Ratio	1.26	5.52

Market Cap / Net Assets

BBU

$2.88B

Winner

SPY

$735B

Expense Ratio

BBU

N/A

SPY

0.09%

Max Drawdown

BBU

62.36%

Winner

SPY

56.47%

Sharpe Ratio

BBU

0.81

Winner

SPY

2.02

5Y Beta

BBU

N/A

SPY

1.00

Industry

BBU

Conglomerates

SPY

N/A

P/E Ratio

Winner

BBU

-271.04

SPY

28.62

Forward P/E

Winner

BBU

19.84

SPY

22.20

PEG Ratio

BBU

-0.50

SPY

N/A

Dividend Yield

BBU

0.78%

SPY

N/A

5Y Dividends CAGR

Winner

BBU

9.23%

SPY

5.43%

5Y EPS CAGR

BBU

-38.63%

Winner

SPY

26.35%

Debt to Equity

BBU

1907.11%

Winner

SPY

33.33%

Free Cash Flow Yield

BBU

49.76%

SPY

N/A

P/S Ratio

Winner

BBU

0.10

SPY

3.68

P/B Ratio

Winner

BBU

1.26

SPY

5.52

BBU vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	BBU	SPY
1 month	-8.52%	+4.93%
3 months	-10.44%	+9.70%
6 months	-4.53%	+11.04%
1 year	+35.26%	+28.41%
5 years(CAGR)	+14.79%	+13.90%
10 years(CAGR)	+11.24%	+15.45%
Max(CAGR)	+11.24%	+8.55%

BBU

-8.52%

Winner

SPY

+4.93%

BBU

-10.44%

Winner

SPY

+9.70%

BBU

-4.53%

Winner

SPY

+11.04%

Winner

BBU

+35.26%

SPY

+28.41%

5Y(CAGR)

Winner

BBU

+14.79%

SPY

+13.90%

10Y(CAGR)

BBU

+11.24%

Winner

SPY

+15.45%

Max(CAGR)

Winner

BBU

+11.24%

SPY

+8.55%

BBU vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	BBU	SPY
2026	-12.02%	+10.15%
2025	+49.94%	+18.00%
2024	+17.49%	+25.59%
2023	+24.34%	+26.72%
2022	-10.08%	-18.64%
2021	+22.22%	+30.52%
2020	-10.24%	+17.28%
2019	+35.95%	+31.09%
2018	-11.61%	-5.24%
2017	+44.91%	+20.78%
2016	-17.38%	+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%

BBU vs SPY Drawdown Comparison

The maximum drawdown for BBU was -59.11%, occurring on Mar 23, 2020. Recovery took 305 trading sessions.

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

The current BBU drawdown is -15.19%. The current SPY drawdown is -0.02%.

Rank	BBU	SPY
#1	-59.11% Feb 19, 2020 - May 5, 2021	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-59.03% Mar 30, 2022 - Sep 25, 2025	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-37.36% Jun 17, 2016 - Aug 8, 2017	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-34.29% Sep 28, 2018 - Feb 14, 2020	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-23.91% Nov 12, 2021 - Mar 15, 2022	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-20.07% Feb 10, 2026 - Mar 13, 2026	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-19.84% Jul 6, 2021 - Oct 22, 2021	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-14.00% Apr 5, 2018 - Jun 11, 2018	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-13.75% Oct 15, 2025 - Dec 4, 2025	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-12.79% May 7, 2021 - Jul 6, 2021	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-12.22% Jan 26, 2018 - Apr 5, 2018	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-8.62% Jan 5, 2026 - Feb 10, 2026	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-7.81% Sep 11, 2017 - Dec 8, 2017	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-7.76% Jun 18, 2018 - Jul 18, 2018	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-7.26% Aug 27, 2018 - Sep 28, 2018	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between BBU and SPY is 0.89 which considered as a strong positive correlation - the stocks tend to move together.

0.89

-101

Dividend Comparison (1999 - 2026)

BBU vs SPY dividend yield comparison.

Year	BBU	SPY
2026	0.20%	0.24%
2025	0.71%	1.07%
2024	1.07%	1.21%
2023	1.21%	1.40%
2022	87.16%	1.65%
2021	0.54%	1.20%
2020	0.67%	1.52%
2019	0.61%	1.75%
2018	0.82%	2.04%
2017	0.72%	1.80%
2016	0.55%	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%