DTM vs SPY

Comparison between DT Midstream Inc (DTM, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceDTM has outperformed SPY, delivering a return of +34.3% compared to +13.3%

DTM vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DTM(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$15B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	25.08%	56.47%
Sharpe Ratio	1.69	2.07
5Y Beta	0.66	1.00
Industry	Oil & Gas Midstream	N/A
P/E Ratio	31.77	28.24
Forward P/E	26.04	21.85
PEG Ratio	1.34	N/A
Dividend Yield	2.32%	N/A
5Y Dividends CAGR	N/A	5.43%
5Y EPS CAGR	N/A	25.79%
Debt to Equity	69.96%	22.35%
Free Cash Flow Yield	3.17%	N/A
P/S Ratio	11.56	3.55
P/B Ratio	3.15	5.29

Market Cap / Net Assets

DTM

$15B

Winner

SPY

$652B

Expense Ratio

DTM

N/A

SPY

0.09%

Max Drawdown

Winner

DTM

25.08%

SPY

56.47%

Sharpe Ratio

DTM

1.69

Winner

SPY

2.07

5Y Beta

Winner

DTM

0.66

SPY

1.00

Industry

DTM

Oil & Gas Midstream

SPY

N/A

P/E Ratio

DTM

31.77

Winner

SPY

28.24

Forward P/E

DTM

26.04

Winner

SPY

21.85

PEG Ratio

DTM

1.34

SPY

N/A

Dividend Yield

DTM

2.32%

SPY

N/A

5Y Dividends CAGR

DTM

N/A

SPY

5.43%

5Y EPS CAGR

DTM

N/A

SPY

25.79%

Debt to Equity

DTM

69.96%

Winner

SPY

22.35%

Free Cash Flow Yield

DTM

3.17%

SPY

N/A

P/S Ratio

DTM

11.56

Winner

SPY

3.55

P/B Ratio

Winner

DTM

3.15

SPY

5.29

DTM vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	DTM	SPY
1 month	+6.37%	+9.11%
3 months	+9.95%	+6.59%
6 months	+27.06%	+10.56%
1 year	+46.96%	+32.04%
5 years(CAGR)	+34.29%	+13.35%
10 years(CAGR)	N/A	+15.49%
Max(CAGR)	+34.29%	+8.50%

DTM

+6.37%

Winner

SPY

+9.11%

Winner

DTM

+9.95%

SPY

+6.59%

Winner

DTM

+27.06%

SPY

+10.56%

Winner

DTM

+46.96%

SPY

+32.04%

5Y(CAGR)

Winner

DTM

+34.29%

SPY

+13.35%

10Y(CAGR)

DTM

N/A

SPY

+15.49%

Max(CAGR)

Winner

DTM

+34.29%

SPY

+8.50%

DTM vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	DTM	SPY
2026	+18.91%	+8.27%
2025	+21.29%	+18.00%
2024	+87.83%	+25.59%
2023	+8.93%	+26.72%
2022	+19.36%	-18.64%
2021	+17.18%	+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%

DTM vs SPY Drawdown Comparison

The maximum drawdown for DTM was -23.56%, occurring on Mar 10, 2025. Recovery took 171 trading sessions.

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

The current DTM drawdown is -3.41%.

Rank	DTM	SPY
#1	-23.56% Jan 21, 2025 - Sep 25, 2025	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-23.09% Nov 1, 2022 - Dec 4, 2023	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-19.85% Jun 7, 2022 - Aug 25, 2022	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-13.36% Aug 25, 2022 - Oct 28, 2022	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-11.46% Nov 22, 2024 - Jan 14, 2025	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-11.35% Apr 20, 2022 - Jun 2, 2022	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-10.62% Mar 10, 2022 - Apr 13, 2022	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-10.09% Dec 4, 2023 - Feb 29, 2024	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-9.36% Oct 20, 2021 - Jan 4, 2022	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-9.22% Jul 2, 2021 - Aug 3, 2021	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-8.46% Feb 9, 2022 - Mar 1, 2022	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-7.97% Oct 8, 2025 - Nov 10, 2025	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-7.83% Mar 4, 2026 - Apr 30, 2026	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-7.41% Aug 5, 2021 - Aug 25, 2021	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-7.33% Sep 15, 2021 - Oct 4, 2021	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between DTM and SPY is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (1999 - 2026)

DTM vs SPY dividend yield comparison.

Year	DTM	SPY
2026	0.62%	0.24%
2025	2.74%	1.07%
2024	2.96%	1.21%
2023	5.04%	1.40%
2022	4.63%	1.65%
2021	2.50%	1.20%
2020	0.00%	1.52%
2019	0.00%	1.75%
2018	0.00%	2.04%
2017	0.00%	1.80%
2016	0.00%	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%