BROS vs SPY

Comparison between Dutch Bros Inc - Class A (BROS, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed BROS, delivering a return of +13.9% compared to +8.1%

BROS vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BROS(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$6.15B	$735B
Expense Ratio	N/A	0.09%
Max Drawdown	70.09%	56.47%
Sharpe Ratio	-0.39	1.71
5Y Beta	1.56	1.00
Industry	Restaurants	N/A
P/E Ratio	81.44	28.81
Forward P/E	59.88	22.10
PEG Ratio	1.49	N/A
5Y Dividends CAGR	N/A	5.43%
5Y EPS CAGR	N/A	25.84%
Debt to Equity	28.62%	34.16%
Free Cash Flow Yield	1.48%	N/A
P/S Ratio	4.94	3.69
P/B Ratio	10.38	5.54

Market Cap / Net Assets

BROS

$6.15B

Winner

SPY

$735B

Expense Ratio

BROS

N/A

SPY

0.09%

Max Drawdown

BROS

70.09%

Winner

SPY

56.47%

Sharpe Ratio

BROS

-0.39

Winner

SPY

1.71

5Y Beta

BROS

1.56

Winner

SPY

1.00

Industry

BROS

Restaurants

SPY

N/A

P/E Ratio

BROS

81.44

Winner

SPY

28.81

Forward P/E

BROS

59.88

Winner

SPY

22.10

PEG Ratio

BROS

1.49

SPY

N/A

5Y Dividends CAGR

BROS

N/A

SPY

5.43%

5Y EPS CAGR

BROS

N/A

SPY

25.84%

Debt to Equity

Winner

BROS

28.62%

SPY

34.16%

Free Cash Flow Yield

BROS

1.48%

SPY

N/A

P/S Ratio

BROS

4.94

Winner

SPY

3.69

P/B Ratio

BROS

10.38

Winner

SPY

5.54

BROS vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	BROS	SPY
1 month	-1.27%	+4.01%
3 months	-1.24%	+7.93%
6 months	+2.85%	+12.54%
1 year	-26.63%	+25.60%
5 years(CAGR)	+8.09%	+13.94%
10 years(CAGR)	N/A	+15.56%
Max(CAGR)	+8.09%	+8.49%

BROS

-1.27%

Winner

SPY

+4.01%

BROS

-1.24%

Winner

SPY

+7.93%

BROS

+2.85%

Winner

SPY

+12.54%

BROS

-26.63%

Winner

SPY

+25.60%

5Y(CAGR)

BROS

+8.09%

Winner

SPY

+13.94%

10Y(CAGR)

BROS

N/A

SPY

+15.56%

Max(CAGR)

BROS

+8.09%

Winner

SPY

+8.49%

BROS vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	BROS	SPY
2026	-15.12%	+8.42%
2025	+8.72%	+18.00%
2024	+68.64%	+25.59%
2023	+16.61%	+26.72%
2022	-46.22%	-18.64%
2021	+38.79%	+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%

BROS vs SPY Drawdown Comparison

The maximum drawdown for BROS was -70.09%, occurring on Sep 27, 2023. Recovery took 824 trading sessions.

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

The current BROS drawdown is -38.20%. The current SPY drawdown is -1.27%.

Rank	BROS	SPY
#1	-70.09% Nov 1, 2021 - Feb 13, 2025	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-45.31% Feb 18, 2025 - Mar 27, 2026	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-24.05% Sep 21, 2021 - Oct 18, 2021	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-9.27% Sep 16, 2021 - Sep 20, 2021	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-6.41% Oct 19, 2021 - Oct 22, 2021	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-3.61% Oct 26, 2021 - Oct 29, 2021	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-2.79% Oct 22, 2021 - Oct 26, 2021	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-1.88% Feb 13, 2025 - Feb 18, 2025	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	N/A	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	N/A	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	N/A	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	N/A	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	N/A	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	N/A	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	N/A	-7.27% Sep 18, 2014 - Oct 31, 2014