DHI vs SPY

Comparison between D.R. Horton Inc (DHI, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed DHI, delivering a return of +13.3% compared to +8.4%

DHI vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DHI(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$43B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	89.69%	56.47%
Sharpe Ratio	0.60	2.07
5Y Beta	0.58	1.00
Industry	Residential Construction	N/A
P/E Ratio	13.78	28.24
Forward P/E	14.14	21.85
PEG Ratio	1.37	N/A
Dividend Yield	1.16%	N/A
5Y Dividends CAGR	13.00%	5.43%
5Y EPS CAGR	4.30%	25.79%
Debt to Equity	0.00%	22.35%
Free Cash Flow Yield	8.23%	N/A
P/S Ratio	1.27	3.55
P/B Ratio	1.76	5.29

Market Cap / Net Assets

DHI

$43B

Winner

SPY

$652B

Expense Ratio

DHI

N/A

SPY

0.09%

Max Drawdown

DHI

89.69%

Winner

SPY

56.47%

Sharpe Ratio

DHI

0.60

Winner

SPY

2.07

5Y Beta

Winner

DHI

0.58

SPY

1.00

Industry

DHI

Residential Construction

SPY

N/A

P/E Ratio

Winner

DHI

13.78

SPY

28.24

Forward P/E

Winner

DHI

14.14

SPY

21.85

PEG Ratio

DHI

1.37

SPY

N/A

Dividend Yield

DHI

1.16%

SPY

N/A

5Y Dividends CAGR

Winner

DHI

13.00%

SPY

5.43%

5Y EPS CAGR

DHI

4.30%

Winner

SPY

25.79%

Debt to Equity

Winner

DHI

0.00%

SPY

22.35%

Free Cash Flow Yield

DHI

8.23%

SPY

N/A

P/S Ratio

Winner

DHI

1.27

SPY

3.55

P/B Ratio

Winner

DHI

1.76

SPY

5.29

DHI vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	DHI	SPY
1 month	+3.77%	+9.11%
3 months	-3.55%	+6.59%
6 months	+2.88%	+10.56%
1 year	+20.58%	+32.04%
5 years(CAGR)	+8.39%	+13.35%
10 years(CAGR)	+18.79%	+15.49%
Max(CAGR)	+16.11%	+8.50%

DHI

+3.77%

Winner

SPY

+9.11%

DHI

-3.55%

Winner

SPY

+6.59%

DHI

+2.88%

Winner

SPY

+10.56%

DHI

+20.58%

Winner

SPY

+32.04%

5Y(CAGR)

DHI

+8.39%

Winner

SPY

+13.35%

10Y(CAGR)

Winner

DHI

+18.79%

SPY

+15.49%

Max(CAGR)

Winner

DHI

+16.11%

SPY

+8.50%

DHI vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	DHI	SPY
2026	+1.89%	+8.27%
2025	+5.90%	+18.00%
2024	-5.93%	+25.59%
2023	+69.14%	+26.72%
2022	-14.31%	-18.64%
2021	+62.47%	+30.52%
2020	+32.64%	+17.28%
2019	+51.63%	+31.09%
2018	-31.25%	-5.24%
2017	+87.47%	+20.78%
2016	-9.00%	+13.59%
2015	+29.55%	+1.31%
2014	+16.88%	+14.56%
2013	+9.64%	+29.00%
2012	+54.95%	+14.17%
2011	+3.89%	+0.85%
2010	+8.27%	+13.14%
2009	+50.40%	+22.67%
2008	-43.46%	-36.25%
2007	-47.69%	+5.32%
2006	-26.89%	+13.85%
2005	+22.33%	+5.32%
2004	+47.11%	+10.75%
2003	+133.62%	+24.18%
2002	-19.14%	-22.42%
2001	+42.82%	-10.13%
2000	+86.25%	-8.84%
1999	+5.18%	+8.61%

DHI vs SPY Drawdown Comparison

The maximum drawdown for DHI was -88.84%, occurring on Nov 21, 2008. Recovery took 3012 trading sessions.

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

The current DHI drawdown is -23.56%.

Rank	DHI	SPY
#1	-88.84% Jul 20, 2005 - Jul 7, 2017	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-53.62% Feb 20, 2020 - Jul 16, 2020	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-44.45% Dec 10, 2021 - Apr 24, 2023	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-43.81% Mar 12, 2002 - Jun 4, 2003	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-41.27% Sep 19, 2024 - Apr 8, 2025	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-36.86% Jan 8, 2018 - Sep 23, 2019	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-36.61% Jul 19, 2001 - Dec 5, 2001	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-28.22% Mar 30, 2004 - Nov 23, 2004	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-27.30% Nov 16, 1999 - Jul 20, 2000	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-24.27% Jan 4, 2001 - Apr 26, 2001	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-23.25% Sep 11, 2000 - Dec 7, 2000	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-23.01% Jul 25, 2023 - Dec 1, 2023	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-21.14% Mar 4, 2005 - May 26, 2005	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-20.41% May 10, 2021 - Dec 6, 2021	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-19.22% Apr 27, 2001 - Jul 3, 2001	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between DHI and SPY is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (1999 - 2026)

DHI vs SPY dividend yield comparison.

Year	DHI	SPY
2026	0.61%	0.24%
2025	1.15%	1.07%
2024	0.93%	1.21%
2023	0.69%	1.40%
2022	1.04%	1.65%
2021	0.76%	1.20%
2020	1.05%	1.52%
2019	1.18%	1.75%
2018	1.51%	2.04%
2017	0.83%	1.80%
2016	1.24%	2.03%
2015	0.84%	2.06%
2014	0.79%	1.87%
2013	0.17%	1.81%
2012	1.52%	2.18%
2011	1.49%	2.05%
2010	1.26%	1.80%
2009	1.38%	1.95%
2008	4.77%	3.02%
2007	4.56%	1.85%
2006	1.89%	1.73%
2005	0.94%	1.73%
2004	0.79%	1.82%
2003	0.65%	1.47%
2002	1.27%	1.70%
2001	0.60%	1.25%
2000	0.60%	1.15%
1999	0.00%	0.24%