CLF vs SPY
Comparison between Cleveland-Cliffs Inc (CLF, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSPY has outperformed CLF, delivering a return of +13.9% compared to -12.0%
CLF vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
CLF vs SPY - Historical Returns
Returns include dividend reinvestment.
CLF vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | CLF | SPY |
|---|---|---|
| 2026 | -21.65% | +8.42% |
| 2025 | +39.20% | +18.00% |
| 2024 | -52.45% | +25.59% |
| 2023 | +21.62% | +26.72% |
| 2022 | -25.86% | -18.64% |
| 2021 | +50.97% | +30.52% |
| 2020 | +88.69% | +17.28% |
| 2019 | +10.16% | +31.09% |
| 2018 | -2.66% | -5.24% |
| 2017 | -16.26% | +20.78% |
| 2016 | +403.59% | +13.59% |
| 2015 | -77.52% | +1.31% |
| 2014 | -71.27% | +14.56% |
| 2013 | -30.80% | +29.00% |
| 2012 | -38.56% | +14.17% |
| 2011 | -23.00% | +0.85% |
| 2010 | +63.25% | +13.14% |
| 2009 | +57.60% | +22.67% |
| 2008 | -46.54% | -36.25% |
| 2007 | +112.27% | +5.32% |
| 2006 | +5.86% | +13.85% |
| 2005 | +76.79% | +5.32% |
| 2004 | +95.85% | +10.75% |
| 2003 | +147.09% | +24.18% |
| 2002 | +7.53% | -22.42% |
| 2001 | -14.70% | -10.13% |
| 2000 | -24.00% | -8.84% |
| 1999 | +8.53% | +8.61% |
CLF vs SPY Drawdown Comparison
The maximum drawdown for CLF was -98.78%, occurring on Jan 12, 2016. This drawdown has not yet recovered.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current CLF drawdown is -89.10%. The current SPY drawdown is -1.27%.
| Rank | CLF | SPY |
|---|---|---|
| #1 | -98.78% Jun 30, 2008 - Jan 12, 2016 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -51.61% Dec 27, 1999 - Apr 15, 2002 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -48.31% Apr 18, 2002 - Oct 13, 2003 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -41.76% Mar 4, 2004 - Sep 2, 2004 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -41.09% Feb 1, 2006 - Jan 30, 2007 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -38.96% Mar 4, 2005 - Sep 28, 2005 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -32.10% Jun 1, 2007 - Oct 1, 2007 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -27.95% Oct 12, 2007 - Dec 26, 2007 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -21.75% Jan 5, 2004 - Feb 17, 2004 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -20.24% Oct 6, 2004 - Nov 11, 2004 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -18.57% Dec 28, 2007 - Feb 1, 2008 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -17.14% Feb 28, 2008 - Apr 1, 2008 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -16.03% Sep 30, 2005 - Nov 9, 2005 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -12.12% Jun 5, 2008 - Jun 23, 2008 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -11.79% Feb 26, 2007 - Mar 20, 2007 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between CLF and SPY is -0.16 which considered as a very weak or no correlation - the stocks move independently of each other.
Dividend Comparison (1999 - 2026)
CLF vs SPY dividend yield comparison.
| Year | CLF | 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 | 0.82% | 1.52% |
| 2019 | 3.10% | 1.75% |
| 2018 | 0.00% | 2.04% |
| 2017 | 0.00% | 1.80% |
| 2016 | 0.00% | 2.03% |
| 2015 | 0.00% | 2.06% |
| 2014 | 8.40% | 1.87% |
| 2013 | 2.29% | 1.81% |
| 2012 | 5.59% | 2.18% |
| 2011 | 1.35% | 2.05% |
| 2010 | 0.65% | 1.80% |
| 2009 | 0.55% | 1.95% |
| 2008 | 1.37% | 3.02% |
| 2007 | 0.50% | 1.85% |
| 2006 | 0.98% | 1.73% |
| 2005 | 0.68% | 1.73% |
| 2004 | 0.19% | 1.82% |
| 2003 | 0.00% | 1.47% |
| 2002 | 0.00% | 1.70% |
| 2001 | 2.19% | 1.25% |
| 2000 | 6.96% | 1.15% |
| 1999 | 1.21% | 0.24% |
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