CORP vs SPY

Comparison between PIMCO INVESTMENT GRADE CORPORATE BOND INDEX EXCHANGE-TRADED FUND (CORP, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed CORP, delivering a return of +13.3% compared to +1.0%

CORP vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CORP(ETF)	SPY(ETF)
Net Assets	$1.60B	$652B
Expense Ratio	0.41%	0.09%
Max Drawdown	25.03%	56.47%
Sharpe Ratio	0.65	2.07
5Y Beta	0.10	1.00
P/E Ratio	N/A	28.24
Forward P/E	N/A	21.85
5Y Dividends CAGR	9.23%	5.43%
5Y EPS CAGR	N/A	25.79%
Debt to Equity	N/A	22.35%
P/S Ratio	N/A	3.55
P/B Ratio	N/A	5.29

Net Assets

CORP

$1.60B

Winner

SPY

$652B

Expense Ratio

CORP

0.41%

Winner

SPY

0.09%

Max Drawdown

Winner

CORP

25.03%

SPY

56.47%

Sharpe Ratio

CORP

0.65

Winner

SPY

2.07

5Y Beta

Winner

CORP

0.10

SPY

1.00

P/E Ratio

CORP

N/A

SPY

28.24

Forward P/E

CORP

N/A

SPY

21.85

5Y Dividends CAGR

Winner

CORP

9.23%

SPY

5.43%

5Y EPS CAGR

CORP

N/A

SPY

25.79%

Debt to Equity

CORP

N/A

SPY

22.35%

P/S Ratio

CORP

N/A

SPY

3.55

P/B Ratio

CORP

N/A

SPY

5.29

CORP vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	CORP	SPY
1 month	+0.31%	+9.11%
3 months	+0.03%	+6.59%
6 months	+1.23%	+10.56%
1 year	+7.04%	+32.04%
5 years(CAGR)	+1.03%	+13.35%
10 years(CAGR)	+2.85%	+15.49%
Max(CAGR)	+3.59%	+8.50%

CORP

+0.31%

Winner

SPY

+9.11%

CORP

+0.03%

Winner

SPY

+6.59%

CORP

+1.23%

Winner

SPY

+10.56%

CORP

+7.04%

Winner

SPY

+32.04%

5Y(CAGR)

CORP

+1.03%

Winner

SPY

+13.35%

10Y(CAGR)

CORP

+2.85%

Winner

SPY

+15.49%

Max(CAGR)

CORP

+3.59%

Winner

SPY

+8.50%

CORP vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	CORP	SPY
2026	+0.78%	+8.27%
2025	+7.95%	+18.00%
2024	+2.97%	+25.59%
2023	+8.47%	+26.72%
2022	-14.35%	-18.64%
2021	-0.91%	+30.52%
2020	+9.59%	+17.28%
2019	+14.64%	+31.09%
2018	-2.98%	-5.24%
2017	+6.43%	+20.78%
2016	+6.53%	+13.59%
2015	-1.36%	+1.31%
2014	+7.41%	+14.56%
2013	-1.65%	+29.00%
2012	+10.17%	+14.17%
2011	+6.39%	+0.85%
2010	-0.42%	+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%

CORP vs SPY Drawdown Comparison

The maximum drawdown for CORP was -21.21%, occurring on Oct 20, 2022. Recovery took 1027 trading sessions.

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

The current CORP drawdown is -0.89%.

Rank	CORP	SPY
#1	-21.21% Aug 4, 2021 - Sep 8, 2025	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-19.11% Mar 6, 2020 - Jun 10, 2020	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-6.93% May 2, 2013 - Apr 8, 2014	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-5.33% Dec 31, 2020 - Jul 19, 2021	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-5.25% Aug 30, 2016 - Jun 2, 2017	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-4.90% Nov 4, 2010 - May 16, 2011	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-4.69% Dec 15, 2017 - Mar 12, 2019	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-4.41% Feb 2, 2015 - Mar 18, 2016	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-3.46% Nov 2, 2011 - Jan 26, 2012	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-2.99% Aug 4, 2020 - Dec 23, 2020	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-2.88% Feb 27, 2026 - Mar 27, 2026	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-2.78% Sep 6, 2011 - Oct 25, 2011	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-2.44% Sep 4, 2019 - Nov 25, 2019	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-2.36% Aug 4, 2011 - Sep 2, 2011	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-1.97% Feb 29, 2012 - May 2, 2012	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between CORP and SPY is 0.87 which considered as a strong positive correlation - the stocks tend to move together.

0.87

-101

Dividend Comparison (1999 - 2026)

CORP vs SPY dividend yield comparison.

Year	CORP	SPY
2026	1.57%	0.24%
2025	4.77%	1.07%
2024	4.74%	1.21%
2023	4.12%	1.40%
2022	3.28%	1.65%
2021	2.51%	1.20%
2020	2.90%	1.52%
2019	3.25%	1.75%
2018	3.18%	2.04%
2017	3.08%	1.80%
2016	2.91%	2.03%
2015	3.14%	2.06%
2014	3.55%	1.87%
2013	7.34%	1.81%
2012	3.75%	2.18%
2011	3.51%	2.05%
2010	0.87%	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%