EBR-B vs SPY

Comparison between Centrais Eletricas Brasileiras S.A. (EBR-B, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceEBR-B has outperformed SPY, delivering a return of +14.5% compared to +13.3%

EBR-B vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EBR-B(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$26B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	70.42%	56.47%
Sharpe Ratio	1.88	2.07
5Y Beta	0.56	1.00
Industry	Utilities - Renewable	N/A
P/E Ratio	-22.71	28.24
Forward P/E	19.76	21.85
PEG Ratio	0.00	N/A
Dividend Yield	0.96%	N/A
5Y Dividends CAGR	14.23%	5.43%
5Y EPS CAGR	N/A	25.79%
Debt to Equity	N/A	22.35%
P/S Ratio	3.49	3.55
P/B Ratio	1.28	5.29

Market Cap / Net Assets

EBR-B

$26B

Winner

SPY

$652B

Expense Ratio

EBR-B

N/A

SPY

0.09%

Max Drawdown

EBR-B

70.42%

Winner

SPY

56.47%

Sharpe Ratio

EBR-B

1.88

Winner

SPY

2.07

5Y Beta

Winner

EBR-B

0.56

SPY

1.00

Industry

EBR-B

Utilities - Renewable

SPY

N/A

P/E Ratio

Winner

EBR-B

-22.71

SPY

28.24

Forward P/E

Winner

EBR-B

19.76

SPY

21.85

PEG Ratio

EBR-B

0.00

SPY

N/A

Dividend Yield

EBR-B

0.96%

SPY

N/A

5Y Dividends CAGR

Winner

EBR-B

14.23%

SPY

5.43%

5Y EPS CAGR

EBR-B

N/A

SPY

25.79%

Debt to Equity

EBR-B

N/A

SPY

22.35%

P/S Ratio

Winner

EBR-B

3.49

SPY

3.55

P/B Ratio

Winner

EBR-B

1.28

SPY

5.29

EBR-B vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	EBR-B	SPY
1 month	+0.00%	+9.11%
3 months	+0.00%	+6.59%
6 months	+0.00%	+10.56%
1 year	+44.54%	+32.04%
5 years(CAGR)	+14.54%	+13.35%
10 years(CAGR)	+17.20%	+15.49%
Max(CAGR)	+13.18%	+8.50%

EBR-B

+0.00%

Winner

SPY

+9.11%

EBR-B

+0.00%

Winner

SPY

+6.59%

EBR-B

+0.00%

Winner

SPY

+10.56%

Winner

EBR-B

+44.54%

SPY

+32.04%

5Y(CAGR)

Winner

EBR-B

+14.54%

SPY

+13.35%

10Y(CAGR)

Winner

EBR-B

+17.20%

SPY

+15.49%

Max(CAGR)

Winner

EBR-B

+13.18%

SPY

+8.50%

EBR-B vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	EBR-B	SPY
2026	+0.00%	+8.27%
2025	+88.83%	+18.00%
2024	-25.72%	+25.59%
2023	+29.43%	+26.72%
2022	+48.30%	-18.64%
2021	-1.45%	+30.52%
2020	-22.34%	+17.28%
2019	+16.99%	+31.09%
2018	+4.06%	-5.24%
2017	-8.20%	+20.78%
2016	+233.90%	+13.59%
2015	-9.30%	+1.31%
2014	-34.62%	+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%

EBR-B vs SPY Drawdown Comparison

The maximum drawdown for EBR-B was -70.39%, occurring on Mar 23, 2020. Recovery took 729 trading sessions.

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

Rank	EBR-B	SPY
#1	-70.39% Sep 5, 2019 - Jul 28, 2022	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-61.28% Feb 23, 2018 - Jan 4, 2019	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-56.25% Oct 7, 2014 - Oct 13, 2016	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-42.99% Oct 31, 2016 - Oct 4, 2017	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-42.79% Nov 4, 2022 - Sep 15, 2025	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-30.87% Oct 27, 2017 - Feb 22, 2018	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-27.36% Feb 1, 2019 - Aug 1, 2019	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-16.82% Aug 17, 2022 - Oct 31, 2022	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-12.68% Aug 1, 2019 - Aug 21, 2019	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-10.43% Sep 26, 2014 - Oct 7, 2014	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-8.87% Oct 4, 2017 - Oct 23, 2017	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-8.70% Aug 22, 2019 - Sep 5, 2019	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-7.98% Jul 28, 2022 - Aug 8, 2022	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-5.57% Jan 4, 2019 - Jan 10, 2019	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-5.11% Oct 1, 2025 - Oct 20, 2025	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between EBR-B and SPY is 0.81 which considered as a strong positive correlation - the stocks tend to move together.

0.81

-101

Dividend Comparison (1999 - 2026)

EBR-B vs SPY dividend yield comparison.

Year	EBR-B	SPY
2026	0.00%	0.24%
2025	3.20%	1.07%
2024	10.27%	1.21%
2023	3.13%	1.40%
2022	3.81%	1.65%
2021	8.25%	1.20%
2020	4.75%	1.52%
2019	3.83%	1.75%
2018	0.00%	2.04%
2017	6.44%	1.80%
2016	0.00%	2.03%
2015	1.94%	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%