BLTE vs SPY
Comparison between Belite Bio Inc (BLTE, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
BLTE vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap / Net Assets
BLTE
$6.04B
Winner
SPY
$735B
Expense Ratio
BLTE
N/A
SPY
0.09%
Max Drawdown
BLTE
74.59%
Winner
SPY
56.47%
Sharpe Ratio
BLTE
1.65
Winner
SPY
1.71
5Y Beta
Winner
BLTE
0.52
SPY
1.00
Industry
BLTE
Biotechnology
SPY
N/A
P/E Ratio
Winner
BLTE
-77.82
SPY
28.81
Forward P/E
BLTE
227.27
Winner
SPY
22.10
PEG Ratio
BLTE
-1.06
SPY
N/A
5Y Dividends CAGR
BLTE
N/A
SPY
5.43%
5Y EPS CAGR
BLTE
24.69%
Winner
SPY
25.84%
Debt to Equity
Winner
BLTE
0.00%
SPY
34.16%
Free Cash Flow Yield
BLTE
-0.61%
SPY
N/A
P/S Ratio
BLTE
N/A
SPY
3.69
P/B Ratio
BLTE
8.06
Winner
SPY
5.54
BLTE vs SPY - Historical Returns
Returns include dividend reinvestment.
1M
BLTE
-13.63%
Winner
SPY
+4.01%
3M
BLTE
-17.83%
Winner
SPY
+7.93%
6M
Winner
BLTE
+16.00%
SPY
+12.54%
1Y
Winner
BLTE
+119.85%
SPY
+25.60%
5Y(CAGR)
Winner
BLTE
+90.07%
SPY
+13.94%
10Y(CAGR)
BLTE
N/A
SPY
+15.56%
Max(CAGR)
Winner
BLTE
+90.07%
SPY
+8.49%
BLTE vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | BLTE | SPY |
|---|---|---|
| 2026 | -10.28% | +8.42% |
| 2025 | +147.00% | +18.00% |
| 2024 | +47.57% | +25.59% |
| 2023 | +53.52% | +26.72% |
| 2022 | +184.66% | -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% |
BLTE vs SPY Drawdown Comparison
The maximum drawdown for BLTE was -74.59%, occurring on Jun 23, 2023. Recovery took 364 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current BLTE drawdown is -24.91%. The current SPY drawdown is -1.27%.
| Rank | BLTE | SPY |
|---|---|---|
| #1 | -74.59% Jul 5, 2022 - Dec 13, 2023 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -36.60% Nov 14, 2024 - Oct 16, 2025 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -32.66% Feb 14, 2024 - May 30, 2024 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -24.91% Feb 27, 2026 - May 18, 2026 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -23.75% May 6, 2022 - Jun 9, 2022 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -19.49% Jun 24, 2022 - Jul 1, 2022 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -16.24% Apr 29, 2022 - May 3, 2022 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -15.04% Dec 27, 2023 - Jan 17, 2024 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -13.23% Oct 29, 2024 - Nov 1, 2024 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -11.37% Nov 18, 2025 - Nov 24, 2025 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -9.87% Nov 10, 2025 - Nov 18, 2025 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -9.49% Dec 29, 2025 - Jan 27, 2026 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -9.18% Jun 13, 2024 - Jul 19, 2024 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -8.52% Jul 19, 2024 - Aug 13, 2024 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -8.25% Dec 1, 2025 - Dec 17, 2025 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between BLTE and SPY is 0.83 which considered as a strong positive correlation - the stocks tend to move together.
0.83
-101
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