COIN vs SPY

Comparison between Coinbase Global Inc - Class A (COIN, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed COIN, delivering a return of +13.3% compared to -5.3%

COIN vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	COIN(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$53B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	90.90%	56.47%
Sharpe Ratio	0.34	2.07
5Y Beta	2.55	1.00
Industry	Financial Data & Stock Exchanges	N/A
P/E Ratio	39.77	28.24
Forward P/E	57.80	21.85
PEG Ratio	0.78	N/A
5Y Dividends CAGR	N/A	5.43%
5Y EPS CAGR	N/A	25.79%
Debt to Equity	48.72%	22.35%
Free Cash Flow Yield	4.58%	N/A
P/S Ratio	7.59	3.55
P/B Ratio	3.62	5.29

Market Cap / Net Assets

COIN

$53B

Winner

SPY

$652B

Expense Ratio

COIN

N/A

SPY

0.09%

Max Drawdown

COIN

90.90%

Winner

SPY

56.47%

Sharpe Ratio

COIN

0.34

Winner

SPY

2.07

5Y Beta

COIN

2.55

Winner

SPY

1.00

Industry

COIN

Financial Data & Stock Exchanges

SPY

N/A

P/E Ratio

COIN

39.77

Winner

SPY

28.24

Forward P/E

COIN

57.80

Winner

SPY

21.85

PEG Ratio

COIN

0.78

SPY

N/A

5Y Dividends CAGR

COIN

N/A

SPY

5.43%

5Y EPS CAGR

COIN

N/A

SPY

25.79%

Debt to Equity

COIN

48.72%

Winner

SPY

22.35%

Free Cash Flow Yield

COIN

4.58%

SPY

N/A

P/S Ratio

COIN

7.59

Winner

SPY

3.55

P/B Ratio

Winner

COIN

3.62

SPY

5.29

COIN vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	COIN	SPY
1 month	+14.89%	+9.11%
3 months	+20.28%	+6.59%
6 months	-34.93%	+10.56%
1 year	-2.59%	+32.04%
5 years(CAGR)	-5.27%	+13.35%
10 years(CAGR)	N/A	+15.49%
Max(CAGR)	-9.22%	+8.50%

Winner

COIN

+14.89%

SPY

+9.11%

Winner

COIN

+20.28%

SPY

+6.59%

COIN

-34.93%

Winner

SPY

+10.56%

COIN

-2.59%

Winner

SPY

+32.04%

5Y(CAGR)

COIN

-5.27%

Winner

SPY

+13.35%

10Y(CAGR)

COIN

N/A

SPY

+15.49%

Max(CAGR)

COIN

-9.22%

Winner

SPY

+8.50%

COIN vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	COIN	SPY
2026	-14.95%	+8.27%
2025	-12.08%	+18.00%
2024	+58.27%	+25.59%
2023	+417.62%	+26.72%
2022	-85.90%	-18.64%
2021	-23.12%	+30.52%
2020	N/A	+17.28%
2019	N/A	+31.09%
2018	N/A	-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%

COIN vs SPY Drawdown Comparison

The maximum drawdown for COIN was -90.90%, occurring on Dec 28, 2022. Recovery took 909 trading sessions.

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

The current COIN drawdown is -52.08%.

Rank	COIN	SPY
#1	-90.90% Nov 9, 2021 - Jun 26, 2025	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-66.39% Jul 18, 2025 - Feb 12, 2026	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-35.49% Apr 16, 2021 - Nov 3, 2021	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-10.60% Jun 26, 2025 - Jul 10, 2025	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-2.15% Nov 4, 2021 - Nov 8, 2021	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-1.68% Apr 14, 2021 - Apr 16, 2021	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-1.52% Jul 14, 2025 - Jul 16, 2025	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-0.49% Jul 10, 2025 - Jul 14, 2025	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	N/A	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	N/A	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	N/A	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	N/A	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	N/A	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	N/A	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	N/A	-7.27% Sep 18, 2014 - Oct 31, 2014