CMSA vs SPY

Comparison between CMS Energy Corporation (CMSA, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed CMSA, delivering a return of +13.7% compared to +1.9%

CMSA vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CMSA(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$6.83B	$735B
Expense Ratio	N/A	0.09%
Max Drawdown	33.16%	56.47%
Sharpe Ratio	0.86	1.76
5Y Beta	0.19	1.00
Industry	Multiline Utilities	N/A
P/E Ratio	6.10	28.46
Forward P/E	N/A	21.99
PEG Ratio	0.98	N/A
Dividend Yield	6.11%	N/A
5Y Dividends CAGR	-0.01%	5.43%
5Y EPS CAGR	3.94%	25.20%
Debt to Equity	199.20%	33.33%
Free Cash Flow Yield	-54.31%	N/A
P/S Ratio	N/A	3.65
P/B Ratio	N/A	5.50

Market Cap / Net Assets

CMSA

$6.83B

Winner

SPY

$735B

Expense Ratio

CMSA

N/A

SPY

0.09%

Max Drawdown

Winner

CMSA

33.16%

SPY

56.47%

Sharpe Ratio

CMSA

0.86

Winner

SPY

1.76

5Y Beta

Winner

CMSA

0.19

SPY

1.00

Industry

CMSA

Multiline Utilities

SPY

N/A

P/E Ratio

Winner

CMSA

6.10

SPY

28.46

Forward P/E

CMSA

N/A

SPY

21.99

PEG Ratio

CMSA

0.98

SPY

N/A

Dividend Yield

CMSA

6.11%

SPY

N/A

5Y Dividends CAGR

CMSA

-0.01%

Winner

SPY

5.43%

5Y EPS CAGR

CMSA

3.94%

Winner

SPY

25.20%

Debt to Equity

CMSA

199.20%

Winner

SPY

33.33%

Free Cash Flow Yield

CMSA

-54.31%

SPY

N/A

P/S Ratio

CMSA

N/A

SPY

3.65

P/B Ratio

CMSA

N/A

SPY

5.50

CMSA vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	CMSA	SPY
1 month	+0.64%	+5.60%
3 months	-2.11%	+8.72%
6 months	-1.08%	+10.63%
1 year	+10.37%	+26.62%
5 years(CAGR)	+1.90%	+13.70%
10 years(CAGR)	+3.92%	+15.47%
Max(CAGR)	+3.92%	+8.50%

CMSA

+0.64%

Winner

SPY

+5.60%

CMSA

-2.11%

Winner

SPY

+8.72%

CMSA

-1.08%

Winner

SPY

+10.63%

CMSA

+10.37%

Winner

SPY

+26.62%

5Y(CAGR)

CMSA

+1.90%

Winner

SPY

+13.70%

10Y(CAGR)

CMSA

+3.92%

Winner

SPY

+15.47%

Max(CAGR)

CMSA

+3.92%

Winner

SPY

+8.50%

CMSA vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	CMSA	SPY
2026	+0.84%	+8.50%
2025	+2.51%	+18.00%
2024	-3.65%	+25.59%
2023	+19.05%	+26.72%
2022	-12.22%	-18.64%
2021	-1.02%	+30.52%
2020	+13.20%	+17.28%
2019	+15.23%	+31.09%
2018	-2.55%	-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%

CMSA vs SPY Drawdown Comparison

The maximum drawdown for CMSA was -32.25%, occurring on Mar 18, 2020. Recovery took 119 trading sessions.

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

The current CMSA drawdown is -7.33%. The current SPY drawdown is -1.20%.

Rank	CMSA	SPY
#1	-32.25% Feb 4, 2020 - Jul 24, 2020	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-17.09% Jun 22, 2021 - Dec 20, 2023	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-15.78% Sep 23, 2024 - Sep 29, 2025	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-10.40% Sep 30, 2025 - Mar 31, 2026	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-8.34% Dec 30, 2020 - Jun 22, 2021	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-8.01% Aug 30, 2018 - Jan 11, 2019	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-6.92% Mar 21, 2024 - Aug 16, 2024	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-4.02% Nov 14, 2019 - Jan 9, 2020	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-3.90% Mar 16, 2018 - Aug 22, 2018	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-3.39% Jan 31, 2019 - Mar 27, 2019	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-3.35% Apr 30, 2019 - Jun 10, 2019	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-3.32% Sep 3, 2019 - Sep 27, 2019	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-3.14% Jul 29, 2020 - Oct 27, 2020	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-2.81% Feb 1, 2024 - Feb 23, 2024	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-2.34% Jul 31, 2019 - Aug 20, 2019	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between CMSA and SPY is 0.84 which considered as a strong positive correlation - the stocks tend to move together.

0.84

-101

Dividend Comparison (1999 - 2026)

CMSA vs SPY dividend yield comparison.

Year	CMSA	SPY
2026	1.59%	0.24%
2025	6.41%	1.07%
2024	6.30%	1.21%
2023	5.74%	1.40%
2022	6.46%	1.65%
2021	5.32%	1.20%
2020	4.94%	1.52%
2019	5.37%	1.75%
2018	2.97%	2.04%
2017	0.00%	1.80%
2016	0.00%	2.03%
2015	0.00%	2.06%
2014	0.00%	1.87%
2013	0.00%	1.81%
2012	0.00%	2.18%
2011	0.00%	2.05%
2010	0.00%	1.80%
2009	0.00%	1.95%
2008	0.00%	3.02%
2007	0.00%	1.85%
2006	0.00%	1.73%
2005	0.00%	1.73%
2004	0.00%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%