DKNG vs SPY
Comparison between DraftKings Inc - Class A (DKNG, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSPY has outperformed DKNG, delivering a return of +13.3% compared to -12.0%
DKNG vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap / Net Assets
DKNG
$12B
Winner
SPY
$652B
Expense Ratio
DKNG
N/A
SPY
0.09%
Max Drawdown
DKNG
85.73%
Winner
SPY
56.47%
Sharpe Ratio
DKNG
-0.50
Winner
SPY
2.07
5Y Beta
DKNG
1.24
Winner
SPY
1.00
Industry
DKNG
Gambling
SPY
N/A
P/E Ratio
DKNG
3128.92
Winner
SPY
28.24
Forward P/E
Winner
DKNG
21.23
SPY
21.85
PEG Ratio
DKNG
0.09
SPY
N/A
5Y Dividends CAGR
DKNG
N/A
SPY
5.43%
5Y EPS CAGR
DKNG
N/A
SPY
25.79%
Debt to Equity
Winner
DKNG
0.00%
SPY
22.35%
Free Cash Flow Yield
DKNG
5.46%
SPY
N/A
P/S Ratio
Winner
DKNG
1.96
SPY
3.55
P/B Ratio
DKNG
18.50
Winner
SPY
5.29
DKNG vs SPY - Historical Returns
Returns include dividend reinvestment.
1M
DKNG
+6.60%
Winner
SPY
+9.11%
3M
DKNG
-6.25%
Winner
SPY
+6.59%
6M
DKNG
-16.05%
Winner
SPY
+10.56%
1Y
DKNG
-27.81%
Winner
SPY
+32.04%
5Y(CAGR)
DKNG
-12.02%
Winner
SPY
+13.35%
10Y(CAGR)
DKNG
N/A
SPY
+15.49%
Max(CAGR)
Winner
DKNG
+15.14%
SPY
+8.50%
DKNG vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | DKNG | SPY |
|---|---|---|
| 2026 | -28.44% | +8.27% |
| 2025 | -5.04% | +18.00% |
| 2024 | +10.78% | +25.59% |
| 2023 | +219.00% | +26.72% |
| 2022 | -58.98% | -18.64% |
| 2021 | -38.77% | +30.52% |
| 2020 | +335.96% | +17.28% |
| 2019 | +9.18% | +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% |
DKNG vs SPY Drawdown Comparison
The maximum drawdown for DKNG was -85.73%, occurring on May 11, 2022. 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 DKNG drawdown is -64.55%.
| Rank | DKNG | SPY |
|---|---|---|
| #1 | -85.73% Mar 19, 2021 - May 11, 2022 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -44.50% Oct 2, 2020 - Feb 5, 2021 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -40.24% Mar 4, 2020 - Apr 24, 2020 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -32.49% Jun 1, 2020 - Sep 14, 2020 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -13.39% Mar 1, 2021 - Mar 10, 2021 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -12.70% Feb 12, 2020 - Mar 4, 2020 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -9.75% Jan 28, 2020 - Feb 10, 2020 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -9.51% Sep 18, 2020 - Sep 28, 2020 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -9.49% Feb 5, 2021 - Mar 1, 2021 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -6.56% Apr 27, 2020 - May 1, 2020 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -6.43% Mar 12, 2021 - Mar 19, 2021 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -3.84% May 20, 2020 - May 26, 2020 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -3.76% May 12, 2020 - May 15, 2020 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -3.63% Jan 10, 2020 - Jan 15, 2020 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -2.02% Sep 28, 2020 - Sep 30, 2020 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between DKNG and SPY is 0.25 which considered as a very weak or no correlation - the stocks move independently of each other.
0.25
-101
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