CMI vs SPY
Comparison between Cummins Inc (CMI, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceCMI has outperformed SPY, delivering a return of +23.5% compared to +13.3%
CMI vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap / Net Assets
CMI
$99B
Winner
SPY
$652B
Expense Ratio
CMI
N/A
SPY
0.09%
Max Drawdown
CMI
75.93%
Winner
SPY
56.47%
Sharpe Ratio
Winner
CMI
2.67
SPY
2.07
5Y Beta
CMI
1.22
Winner
SPY
1.00
Industry
CMI
Specialty Industrial Machinery
SPY
N/A
P/E Ratio
CMI
32.70
Winner
SPY
28.24
Forward P/E
CMI
25.91
Winner
SPY
21.85
PEG Ratio
CMI
1.85
SPY
N/A
Dividend Yield
CMI
1.15%
SPY
N/A
5Y Dividends CAGR
Winner
CMI
7.76%
SPY
5.43%
5Y EPS CAGR
CMI
6.04%
Winner
SPY
25.79%
Debt to Equity
Winner
CMI
1.27%
SPY
22.35%
Free Cash Flow Yield
CMI
2.70%
SPY
N/A
P/S Ratio
Winner
CMI
2.91
SPY
3.55
P/B Ratio
CMI
7.54
Winner
SPY
5.29
CMI vs SPY - Historical Returns
Returns include dividend reinvestment.
1M
Winner
CMI
+13.87%
SPY
+9.11%
3M
Winner
CMI
+13.35%
SPY
+6.59%
6M
Winner
CMI
+44.62%
SPY
+10.56%
1Y
Winner
CMI
+125.81%
SPY
+32.04%
5Y(CAGR)
Winner
CMI
+23.49%
SPY
+13.35%
10Y(CAGR)
Winner
CMI
+22.92%
SPY
+15.49%
Max(CAGR)
Winner
CMI
+18.99%
SPY
+8.50%
CMI vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | CMI | SPY |
|---|---|---|
| 2026 | +30.58% | +8.27% |
| 2025 | +49.77% | +18.00% |
| 2024 | +47.90% | +25.59% |
| 2023 | +2.24% | +26.72% |
| 2022 | +13.37% | -18.64% |
| 2021 | +0.88% | +30.52% |
| 2020 | +30.26% | +17.28% |
| 2019 | +38.35% | +31.09% |
| 2018 | -22.27% | -5.24% |
| 2017 | +29.79% | +20.78% |
| 2016 | +57.21% | +13.59% |
| 2015 | -38.15% | +1.31% |
| 2014 | +6.08% | +14.56% |
| 2013 | +26.66% | +29.00% |
| 2012 | +21.06% | +14.17% |
| 2011 | -20.14% | +0.85% |
| 2010 | +137.11% | +13.14% |
| 2009 | +60.12% | +22.67% |
| 2008 | -56.05% | -36.25% |
| 2007 | +117.98% | +5.32% |
| 2006 | +31.56% | +13.85% |
| 2005 | +10.76% | +5.32% |
| 2004 | +75.22% | +10.75% |
| 2003 | +74.78% | +24.18% |
| 2002 | -25.25% | -22.42% |
| 2001 | +5.32% | -10.13% |
| 2000 | -16.94% | -8.84% |
| 1999 | -3.05% | +8.61% |
CMI vs SPY Drawdown Comparison
The maximum drawdown for CMI was -75.65%, occurring on Nov 20, 2008. Recovery took 469 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current CMI drawdown is -5.08%.
| Rank | CMI | SPY |
|---|---|---|
| #1 | -75.65% Jun 16, 2008 - Apr 27, 2010 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -60.07% Apr 10, 2002 - Aug 12, 2003 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -45.90% Jun 10, 2014 - Feb 9, 2017 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -45.05% Nov 2, 1999 - Mar 19, 2002 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -44.05% Nov 11, 2019 - Jun 8, 2020 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -39.06% Oct 15, 2007 - May 13, 2008 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -34.48% Mar 19, 2012 - Aug 12, 2013 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -33.03% Apr 29, 2011 - Feb 3, 2012 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -32.87% Jan 26, 2018 - Nov 8, 2019 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -30.48% Mar 15, 2021 - Jul 31, 2023 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -30.47% Feb 19, 2025 - Aug 7, 2025 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -24.05% Dec 28, 2004 - Jul 22, 2005 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -18.18% Aug 1, 2023 - Feb 15, 2024 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -17.06% Apr 19, 2004 - Jul 26, 2004 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -16.89% Oct 16, 2006 - Feb 2, 2007 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between CMI and SPY is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.
0.96
-101
Dividend Comparison (1999 - 2026)
CMI vs SPY dividend yield comparison.
| Year | CMI | SPY |
|---|---|---|
| 2026 | 0.29% | 0.24% |
| 2025 | 1.50% | 1.07% |
| 2024 | 2.01% | 1.21% |
| 2023 | 2.71% | 1.40% |
| 2022 | 2.49% | 1.65% |
| 2021 | 2.57% | 1.20% |
| 2020 | 2.33% | 1.52% |
| 2019 | 2.74% | 1.75% |
| 2018 | 3.32% | 2.04% |
| 2017 | 2.38% | 1.80% |
| 2016 | 2.93% | 2.03% |
| 2015 | 3.99% | 2.06% |
| 2014 | 1.95% | 1.87% |
| 2013 | 1.60% | 1.81% |
| 2012 | 1.66% | 2.18% |
| 2011 | 1.51% | 2.05% |
| 2010 | 0.80% | 1.80% |
| 2009 | 1.53% | 1.95% |
| 2008 | 2.24% | 3.02% |
| 2007 | 0.68% | 1.85% |
| 2006 | 1.12% | 1.73% |
| 2005 | 1.34% | 1.73% |
| 2004 | 1.43% | 1.82% |
| 2003 | 2.45% | 1.47% |
| 2002 | 4.27% | 1.70% |
| 2001 | 3.11% | 1.25% |
| 2000 | 3.16% | 1.15% |
| 1999 | 0.62% | 0.24% |
Select Stocks to Compare
Popular: CMI vs SPY
More Comparisons
Compare with similar stocks