DHCNL vs SPY

Comparison between Diversified Healthcare Trust (DHCNL, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed DHCNL, delivering a return of +13.8% compared to +3.1%

DHCNL vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DHCNL(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$4.65B	$735B
Expense Ratio	N/A	0.09%
Max Drawdown	75.06%	56.47%
Sharpe Ratio	1.31	1.67
5Y Beta	0.25	1.00
Industry	Health Care Plans	N/A
P/E Ratio	-14.50	28.81
Forward P/E	N/A	22.07
PEG Ratio	-1.63	N/A
Dividend Yield	0.21%	N/A
5Y Dividends CAGR	20.11%	5.43%
5Y EPS CAGR	7.79%	25.84%
Debt to Equity	150.76%	34.16%
Free Cash Flow Yield	-0.17%	N/A
P/S Ratio	N/A	3.69
P/B Ratio	N/A	5.54

Market Cap / Net Assets

DHCNL

$4.65B

Winner

SPY

$735B

Expense Ratio

DHCNL

N/A

SPY

0.09%

Max Drawdown

DHCNL

75.06%

Winner

SPY

56.47%

Sharpe Ratio

DHCNL

1.31

Winner

SPY

1.67

5Y Beta

Winner

DHCNL

0.25

SPY

1.00

Industry

DHCNL

Health Care Plans

SPY

N/A

P/E Ratio

Winner

DHCNL

-14.50

SPY

28.81

Forward P/E

DHCNL

N/A

SPY

22.07

PEG Ratio

DHCNL

-1.63

SPY

N/A

Dividend Yield

DHCNL

0.21%

SPY

N/A

5Y Dividends CAGR

Winner

DHCNL

20.11%

SPY

5.43%

5Y EPS CAGR

DHCNL

7.79%

Winner

SPY

25.84%

Debt to Equity

DHCNL

150.76%

Winner

SPY

34.16%

Free Cash Flow Yield

DHCNL

-0.17%

SPY

N/A

P/S Ratio

DHCNL

N/A

SPY

3.69

P/B Ratio

DHCNL

N/A

SPY

5.54

DHCNL vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	DHCNL	SPY
1 month	+2.79%	+4.59%
3 months	+7.71%	+7.81%
6 months	+14.02%	+14.24%
1 year	+30.29%	+26.47%
5 years(CAGR)	+3.09%	+13.84%
10 years(CAGR)	+4.20%	+15.57%
Max(CAGR)	+4.48%	+8.50%

DHCNL

+2.79%

Winner

SPY

+4.59%

DHCNL

+7.71%

Winner

SPY

+7.81%

DHCNL

+14.02%

Winner

SPY

+14.24%

Winner

DHCNL

+30.29%

SPY

+26.47%

5Y(CAGR)

DHCNL

+3.09%

Winner

SPY

+13.84%

10Y(CAGR)

DHCNL

+4.20%

Winner

SPY

+15.57%

Max(CAGR)

DHCNL

+4.48%

Winner

SPY

+8.50%

DHCNL vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	DHCNL	SPY
2026	+12.10%	+8.80%
2025	+18.93%	+18.00%
2024	+6.51%	+25.59%
2023	+45.63%	+26.72%
2022	-45.88%	-18.64%
2021	-4.94%	+30.52%
2020	-5.90%	+17.28%
2019	+19.61%	+31.09%
2018	-8.45%	-5.24%
2017	+16.27%	+20.78%
2016	+3.50%	+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%

DHCNL vs SPY Drawdown Comparison

The maximum drawdown for DHCNL was -74.69%, occurring on Mar 18, 2020. Recovery took 1430 trading sessions.

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

The current DHCNL drawdown is -1.20%. The current SPY drawdown is -0.92%.

Rank	DHCNL	SPY
#1	-74.69% Jan 2, 2020 - Sep 11, 2025	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-19.86% Sep 17, 2018 - Feb 20, 2019	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-12.84% Mar 29, 2019 - Aug 22, 2019	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-12.12% Sep 11, 2025 - Apr 14, 2026	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-11.08% Sep 27, 2016 - Apr 4, 2017	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-7.37% Nov 28, 2017 - Jul 5, 2018	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-4.33% Sep 4, 2019 - Oct 23, 2019	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-3.78% Oct 23, 2019 - Dec 18, 2019	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-3.60% Feb 28, 2019 - Mar 28, 2019	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-3.22% Jul 8, 2016 - Aug 11, 2016	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-3.17% Jun 14, 2017 - Sep 29, 2017	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-2.86% Apr 7, 2017 - Apr 27, 2017	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-2.73% Jul 6, 2018 - Sep 4, 2018	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-2.71% Aug 26, 2016 - Sep 23, 2016	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-2.08% Apr 15, 2026 - May 7, 2026	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between DHCNL and SPY is 0.29 which considered as a very weak or no correlation - the stocks move independently of each other.

0.29

-101

Dividend Comparison (1999 - 2026)

DHCNL vs SPY dividend yield comparison.

Year	DHCNL	SPY
2026	4.07%	0.24%
2025	8.93%	1.07%
2024	4.95%	1.21%
2023	10.15%	1.40%
2022	10.16%	1.65%
2021	3.45%	1.20%
2020	6.38%	1.52%
2019	6.04%	1.75%
2018	6.88%	2.04%
2017	5.82%	1.80%
2016	5.00%	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%