CGNX vs SPY
Comparison between Cognex Corp (CGNX, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSPY has outperformed CGNX, delivering a return of +13.3% compared to -2.7%
CGNX vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap / Net Assets
CGNX
$10B
Winner
SPY
$652B
Expense Ratio
CGNX
N/A
SPY
0.09%
Max Drawdown
CGNX
85.19%
Winner
SPY
56.47%
Sharpe Ratio
CGNX
1.68
Winner
SPY
2.07
5Y Beta
CGNX
1.38
Winner
SPY
1.00
Industry
CGNX
Scientific & Technical Instruments
SPY
N/A
P/E Ratio
CGNX
91.17
Winner
SPY
28.24
Forward P/E
CGNX
33.90
Winner
SPY
21.85
PEG Ratio
CGNX
8.99
SPY
N/A
Dividend Yield
CGNX
0.50%
SPY
N/A
5Y Dividends CAGR
CGNX
-29.08%
Winner
SPY
5.43%
5Y EPS CAGR
CGNX
-7.52%
Winner
SPY
25.79%
Debt to Equity
Winner
CGNX
0.00%
SPY
22.35%
Free Cash Flow Yield
CGNX
2.28%
SPY
N/A
P/S Ratio
CGNX
10.46
Winner
SPY
3.55
P/B Ratio
CGNX
6.30
Winner
SPY
5.29
CGNX vs SPY - Historical Returns
Returns include dividend reinvestment.
1M
Winner
CGNX
+22.09%
SPY
+9.11%
3M
Winner
CGNX
+50.41%
SPY
+6.59%
6M
Winner
CGNX
+67.84%
SPY
+10.56%
1Y
Winner
CGNX
+125.02%
SPY
+32.04%
5Y(CAGR)
CGNX
-2.66%
Winner
SPY
+13.35%
10Y(CAGR)
CGNX
+13.45%
Winner
SPY
+15.49%
Max(CAGR)
Winner
CGNX
+9.54%
SPY
+8.50%
CGNX vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | CGNX | SPY |
|---|---|---|
| 2026 | +78.07% | +8.27% |
| 2025 | +1.71% | +18.00% |
| 2024 | -10.44% | +25.59% |
| 2023 | -12.34% | +26.72% |
| 2022 | -38.45% | -18.64% |
| 2021 | -2.77% | +30.52% |
| 2020 | +46.09% | +17.28% |
| 2019 | +45.84% | +31.09% |
| 2018 | -36.76% | -5.24% |
| 2017 | +93.98% | +20.78% |
| 2016 | +92.37% | +13.59% |
| 2015 | -16.87% | +1.31% |
| 2014 | +9.22% | +14.56% |
| 2013 | +98.75% | +29.00% |
| 2012 | +4.12% | +14.17% |
| 2011 | +19.53% | +0.85% |
| 2010 | +64.06% | +13.14% |
| 2009 | +19.35% | +22.67% |
| 2008 | -23.48% | -36.25% |
| 2007 | -15.44% | +5.32% |
| 2006 | -18.91% | +13.85% |
| 2005 | +12.82% | +5.32% |
| 2004 | -0.78% | +10.75% |
| 2003 | +47.96% | +24.18% |
| 2002 | -27.56% | -22.42% |
| 2001 | +33.87% | -10.13% |
| 2000 | -40.24% | -8.84% |
| 1999 | +29.44% | +8.61% |
CGNX vs SPY Drawdown Comparison
The maximum drawdown for CGNX was -83.73%, occurring on Mar 9, 2009. Recovery took 3348 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current CGNX drawdown is -27.83%.
| Rank | CGNX | SPY |
|---|---|---|
| #1 | -83.73% Apr 7, 2000 - Aug 1, 2013 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -74.63% Feb 12, 2021 - Apr 8, 2025 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -51.57% Nov 21, 2017 - Nov 4, 2020 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -44.58% Apr 13, 2015 - Sep 21, 2016 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -20.02% Feb 13, 2014 - Jul 3, 2014 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -19.62% Aug 22, 2014 - Feb 26, 2015 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -14.73% Mar 9, 2000 - Mar 23, 2000 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -11.49% Jun 8, 2017 - Aug 1, 2017 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -9.92% Dec 31, 1999 - Jan 14, 2000 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -9.83% Oct 29, 2013 - Nov 27, 2013 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -8.95% Oct 24, 2016 - Nov 7, 2016 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -8.81% Nov 22, 1999 - Dec 21, 1999 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -8.46% Sep 10, 2013 - Oct 29, 2013 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -6.60% Jan 21, 2000 - Feb 2, 2000 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -6.42% Jan 14, 2021 - Feb 5, 2021 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between CGNX 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)
CGNX vs SPY dividend yield comparison.
| Year | CGNX | SPY |
|---|---|---|
| 2026 | 0.13% | 0.24% |
| 2025 | 0.90% | 1.07% |
| 2024 | 0.85% | 1.21% |
| 2023 | 0.68% | 1.40% |
| 2022 | 0.56% | 1.65% |
| 2021 | 0.32% | 1.20% |
| 2020 | 2.77% | 1.52% |
| 2019 | 0.37% | 1.75% |
| 2018 | 0.48% | 2.04% |
| 2017 | 0.27% | 1.80% |
| 2016 | 0.46% | 2.03% |
| 2015 | 0.62% | 2.06% |
| 2014 | 0.00% | 1.87% |
| 2013 | 0.00% | 1.81% |
| 2012 | 3.89% | 2.18% |
| 2011 | 1.01% | 2.05% |
| 2010 | 0.85% | 1.80% |
| 2009 | 1.69% | 1.95% |
| 2008 | 3.18% | 3.02% |
| 2007 | 1.69% | 1.85% |
| 2006 | 1.39% | 1.73% |
| 2005 | 1.06% | 1.73% |
| 2004 | 1.00% | 1.82% |
| 2003 | 0.42% | 1.47% |
| 2002 | 0.00% | 1.70% |
| 2001 | 0.00% | 1.25% |
| 2000 | 0.00% | 1.15% |
| 1999 | 0.00% | 0.24% |
Select Stocks to Compare
Popular: CGNX vs SPY
More Comparisons
Compare with similar stocks