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CNMD vs SPY

Comparison between Conmed Corp (CNMD, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed CNMD, delivering a return of +13.0% compared to -20.2%

CNMD vs SPY - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Market Cap / Net Assets
CNMD
$1.33B
Winner
SPY
$781B
Expense Ratio
CNMD
N/A
SPY
0.09%
Max Drawdown
CNMD
79.55%
Winner
SPY
56.47%
Sharpe Ratio
CNMD
-0.15
Winner
SPY
1.25
5Y Beta
Winner
CNMD
0.87
SPY
1.00
Industry
CNMD
Medical Devices
SPY
N/A
P/E Ratio
Winner
CNMD
28.19
SPY
28.78
Forward P/E
CNMD
27.17
Winner
SPY
21.23
PEG Ratio
CNMD
1.84
SPY
N/A
Dividend Yield
CNMD
0.92%
SPY
N/A
5Y Dividends CAGR
CNMD
4.56%
Winner
SPY
6.00%
5Y EPS CAGR
CNMD
14.99%
Winner
SPY
25.62%
Debt to Equity
Winner
CNMD
0.00%
SPY
31.92%
Free Cash Flow Yield
CNMD
11.35%
SPY
N/A
P/S Ratio
Winner
CNMD
0.99
SPY
3.76
P/B Ratio
Winner
CNMD
1.27
SPY
5.64

CNMD vs SPY - Historical Returns

Returns include dividend reinvestment.

1M
Winner
CNMD
+28.69%
SPY
+0.52%
3M
Winner
CNMD
+9.19%
SPY
+6.55%
6M
CNMD
+0.76%
Winner
SPY
+9.76%
1Y
CNMD
-12.13%
Winner
SPY
+20.32%
5Y(CAGR)
CNMD
-20.16%
Winner
SPY
+13.01%
10Y(CAGR)
CNMD
-0.49%
Winner
SPY
+15.06%
Max(CAGR)
CNMD
+4.42%
Winner
SPY
+8.50%

CNMD vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearCNMDSPY
2026+3.34%+10.11%
2025-39.05%+18.00%
2024-37.17%+25.59%
2023+22.90%+26.72%
2022-38.74%-18.64%
2021+28.10%+30.52%
2020+1.69%+17.28%
2019+77.91%+31.09%
2018+28.29%-5.24%
2017+17.26%+20.78%
2016+5.99%+13.59%
2015-0.51%+1.31%
2014+6.98%+14.56%
2013+54.41%+29.00%
2012+9.85%+14.17%
2011-3.46%+0.85%
2010+14.17%+13.14%
2009-4.96%+22.67%
2008+3.59%-36.25%
2007-0.13%+5.32%
2006-0.52%+13.85%
2005-15.50%+5.32%
2004+19.81%+10.75%
2003+19.30%+24.18%
2002-3.40%-22.42%
2001+77.37%-10.13%
2000-32.51%-8.84%
1999+8.97%+8.61%

CNMD vs SPY Drawdown Comparison

The maximum drawdown for CNMD was -78.74%, occurring on Jun 17, 2026. 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 CNMD drawdown is -72.28%. The current SPY drawdown is -1.24%.

RankCNMDSPY
#1-78.74%
Nov 9, 2021 - Jun 17, 2026		-55.20%
Oct 9, 2007 - Aug 16, 2012
#2-65.69%
Nov 25, 2019 - Jan 6, 2021		-47.50%
Mar 24, 2000 - Oct 26, 2006
#3-64.60%
Sep 19, 2008 - Mar 14, 2013		-33.70%
Feb 19, 2020 - Aug 10, 2020
#4-60.55%
Feb 11, 2000 - Jul 25, 2001		-24.50%
Jan 3, 2022 - Dec 13, 2023
#5-48.33%
Apr 30, 2002 - Feb 9, 2004		-19.34%
Sep 20, 2018 - Apr 12, 2019
#6-44.48%
May 18, 2005 - Sep 19, 2008		-18.76%
Feb 19, 2025 - Jun 26, 2025
#7-39.40%
Jul 20, 2015 - Jan 25, 2018		-13.02%
Jul 20, 2015 - Apr 18, 2016
#8-32.89%
Apr 5, 2004 - Apr 6, 2005		-10.10%
Jan 26, 2018 - Aug 6, 2018
#9-29.29%
Sep 11, 2018 - Mar 21, 2019		-9.44%
Sep 2, 2020 - Nov 11, 2020
#10-26.09%
May 13, 2014 - Feb 13, 2015		-9.30%
Jan 19, 2000 - Mar 17, 2000
#11-25.85%
Aug 14, 2001 - Mar 1, 2002		-9.05%
Jul 19, 2007 - Oct 5, 2007
#12-15.19%
May 3, 2021 - Oct 20, 2021		-8.88%
Jan 27, 2026 - Apr 14, 2026
#13-14.35%
Nov 18, 1999 - Dec 28, 1999		-8.41%
Jul 16, 2024 - Sep 19, 2024
#14-12.62%
Feb 19, 2014 - May 12, 2014		-7.35%
Sep 14, 2012 - Jan 2, 2013
#15-10.88%
Mar 27, 2013 - Oct 1, 2013		-7.27%
Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between CNMD and SPY is 0.67 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.67
-101

Dividend Comparison (1999 - 2026)

CNMD vs SPY dividend yield comparison.

YearCNMDSPY
20260.00%0.49%
20251.48%1.07%
20241.17%1.21%
20230.73%1.40%
20220.90%1.65%
20210.56%1.20%
20200.71%1.52%
20190.72%1.75%
20181.25%2.04%
20171.57%1.80%
20161.81%2.03%
20151.82%2.06%
20141.78%1.87%
20131.53%1.81%
20122.15%2.18%
20110.00%2.05%
20100.00%1.80%
20090.00%1.95%
20080.00%3.02%
20070.00%1.85%
20060.00%1.73%
20050.00%1.73%
20040.00%1.82%
20030.00%1.47%
20020.00%1.70%
20010.00%1.25%
20000.00%1.15%
19990.00%0.24%

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