CEF vs SPY
Comparison between Sprott Physical Gold and Silver Trust (CEF, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceCEF has outperformed SPY, delivering a return of +21.0% compared to +13.3%
CEF vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
CEF
$9.40B
Winner
SPY
$652B
Expense Ratio
CEF
N/A
SPY
0.09%
Max Drawdown
CEF
62.40%
Winner
SPY
56.47%
Sharpe Ratio
CEF
1.54
Winner
SPY
2.07
5Y Beta
Winner
CEF
0.38
SPY
1.00
P/E Ratio
CEF
N/A
SPY
28.24
Forward P/E
CEF
N/A
SPY
21.85
5Y Dividends CAGR
Winner
CEF
14.87%
SPY
5.43%
5Y EPS CAGR
CEF
N/A
SPY
25.79%
Debt to Equity
CEF
N/A
SPY
22.35%
P/S Ratio
CEF
N/A
SPY
3.55
P/B Ratio
CEF
N/A
SPY
5.29
CEF vs SPY - Historical Returns
Returns include dividend reinvestment.
1M
CEF
+5.23%
Winner
SPY
+9.11%
3M
CEF
-3.64%
Winner
SPY
+6.59%
6M
Winner
CEF
+34.58%
SPY
+10.56%
1Y
Winner
CEF
+73.70%
SPY
+32.04%
5Y(CAGR)
Winner
CEF
+21.03%
SPY
+13.35%
10Y(CAGR)
CEF
+14.63%
Winner
SPY
+15.49%
Max(CAGR)
Winner
CEF
+9.75%
SPY
+8.50%
CEF vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | CEF | SPY |
|---|---|---|
| 2026 | +9.06% | +8.27% |
| 2025 | +88.94% | +18.00% |
| 2024 | +24.79% | +25.59% |
| 2023 | +6.39% | +26.72% |
| 2022 | +2.17% | -18.64% |
| 2021 | -10.63% | +30.52% |
| 2020 | +31.10% | +17.28% |
| 2019 | +16.81% | +31.09% |
| 2018 | -7.38% | -5.24% |
| 2017 | +15.51% | +20.78% |
| 2016 | +11.32% | +13.59% |
| 2015 | -14.32% | +1.31% |
| 2014 | -14.41% | +14.56% |
| 2013 | -38.47% | +29.00% |
| 2012 | +3.29% | +14.17% |
| 2011 | -4.95% | +0.85% |
| 2010 | +47.63% | +13.14% |
| 2009 | +26.29% | +22.67% |
| 2008 | +1.28% | -36.25% |
| 2007 | +17.23% | +5.32% |
| 2006 | +31.89% | +13.85% |
| 2005 | +27.03% | +5.32% |
| 2004 | +3.58% | +10.75% |
| 2003 | +13.38% | +24.18% |
| 2002 | +41.46% | -22.42% |
| 2001 | +4.76% | -10.13% |
| 2000 | -17.45% | -8.84% |
| 1999 | -4.27% | +8.61% |
CEF vs SPY Drawdown Comparison
The maximum drawdown for CEF was -62.29%, occurring on Dec 15, 2015. Recovery took 3313 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current CEF drawdown is -15.01%.
| Rank | CEF | SPY |
|---|---|---|
| #1 | -62.29% Aug 22, 2011 - Oct 22, 2024 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -44.69% Mar 17, 2008 - Nov 25, 2009 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -35.89% Nov 3, 1999 - May 6, 2002 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -26.77% Jan 29, 2026 - Mar 26, 2026 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -25.32% Feb 4, 2003 - Jan 9, 2004 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -23.64% May 11, 2006 - Oct 26, 2007 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -21.75% Apr 1, 2004 - Dec 7, 2005 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -20.52% Apr 27, 2011 - Aug 18, 2011 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -19.76% May 24, 2002 - Jan 27, 2003 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -17.97% Dec 2, 2009 - Aug 27, 2010 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -12.88% Dec 31, 2010 - Feb 18, 2011 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -11.21% Oct 16, 2025 - Nov 28, 2025 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -10.73% Oct 29, 2024 - Feb 5, 2025 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -9.13% Feb 2, 2006 - Mar 2, 2006 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -8.01% Apr 19, 2006 - May 4, 2006 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between CEF and SPY is 0.77 which considered as a strong positive correlation - the stocks tend to move together.
0.77
-101
Dividend Comparison (1999 - 2026)
CEF vs SPY dividend yield comparison.
| Year | CEF | 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 | 0.08% | 2.04% |
| 2017 | 0.07% | 1.80% |
| 2016 | 0.09% | 2.03% |
| 2015 | 0.10% | 2.06% |
| 2014 | 0.09% | 1.87% |
| 2013 | 0.08% | 1.81% |
| 2012 | 0.00% | 2.18% |
| 2011 | 0.05% | 2.05% |
| 2010 | 0.05% | 1.80% |
| 2009 | 0.07% | 1.95% |
| 2008 | 0.09% | 3.02% |
| 2007 | 0.09% | 1.85% |
| 2006 | 0.11% | 1.73% |
| 2005 | 0.15% | 1.73% |
| 2004 | 0.18% | 1.82% |
| 2003 | 0.19% | 1.47% |
| 2002 | 0.21% | 1.70% |
| 2001 | 0.30% | 1.25% |
| 2000 | 0.31% | 1.15% |
| 1999 | 0.00% | 0.24% |
Select Stocks to Compare
Popular: CEF vs SPY
More Comparisons
Compare with similar stocks