ESNT vs SPY

Comparison between Essent Group Ltd (ESNT, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed ESNT, delivering a return of +13.8% compared to +7.1%

ESNT vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ESNT(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$5.58B	$735B
Expense Ratio	N/A	0.09%
Max Drawdown	64.94%	56.47%
Sharpe Ratio	0.12	1.60
5Y Beta	0.51	1.00
Industry	Insurance - Specialty	N/A
P/E Ratio	8.42	28.81
Forward P/E	8.53	22.07
PEG Ratio	2.49	N/A
Dividend Yield	2.12%	N/A
5Y Dividends CAGR	19.96%	5.43%
5Y EPS CAGR	14.95%	25.84%
Debt to Equity	0.00%	34.16%
Free Cash Flow Yield	14.67%	N/A
P/S Ratio	4.43	3.69
P/B Ratio	1.04	5.54

Market Cap / Net Assets

ESNT

$5.58B

Winner

SPY

$735B

Expense Ratio

ESNT

N/A

SPY

0.09%

Max Drawdown

ESNT

64.94%

Winner

SPY

56.47%

Sharpe Ratio

ESNT

0.12

Winner

SPY

1.60

5Y Beta

Winner

ESNT

0.51

SPY

1.00

Industry

ESNT

Insurance - Specialty

SPY

N/A

P/E Ratio

Winner

ESNT

8.42

SPY

28.81

Forward P/E

Winner

ESNT

8.53

SPY

22.07

PEG Ratio

ESNT

2.49

SPY

N/A

Dividend Yield

ESNT

2.12%

SPY

N/A

5Y Dividends CAGR

Winner

ESNT

19.96%

SPY

5.43%

5Y EPS CAGR

ESNT

14.95%

Winner

SPY

25.84%

Debt to Equity

Winner

ESNT

0.00%

SPY

34.16%

Free Cash Flow Yield

ESNT

14.67%

SPY

N/A

P/S Ratio

ESNT

4.43

Winner

SPY

3.69

P/B Ratio

Winner

ESNT

1.04

SPY

5.54

ESNT vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	ESNT	SPY
1 month	-2.90%	+3.53%
3 months	+1.65%	+7.49%
6 months	+0.70%	+11.36%
1 year	+4.53%	+24.76%
5 years(CAGR)	+7.06%	+13.85%
10 years(CAGR)	+13.36%	+15.52%
Max(CAGR)	+9.96%	+8.46%

ESNT

-2.90%

Winner

SPY

+3.53%

ESNT

+1.65%

Winner

SPY

+7.49%

ESNT

+0.70%

Winner

SPY

+11.36%

ESNT

+4.53%

Winner

SPY

+24.76%

5Y(CAGR)

ESNT

+7.06%

Winner

SPY

+13.85%

10Y(CAGR)

ESNT

+13.36%

Winner

SPY

+15.52%

Max(CAGR)

Winner

ESNT

+9.96%

SPY

+8.46%

ESNT vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	ESNT	SPY
2026	-5.34%	+7.70%
2025	+21.84%	+18.00%
2024	+4.90%	+25.59%
2023	+36.50%	+26.72%
2022	-12.97%	-18.64%
2021	+9.70%	+30.52%
2020	-14.46%	+17.28%
2019	+53.54%	+31.09%
2018	-22.02%	-5.24%
2017	+33.93%	+20.78%
2016	+50.98%	+13.59%
2015	-14.92%	+1.31%
2014	+10.01%	+14.56%
2013	+14.57%	+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%

ESNT vs SPY Drawdown Comparison

The maximum drawdown for ESNT was -64.70%, occurring on Mar 18, 2020. Recovery took 926 trading sessions.

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

The current ESNT drawdown is -8.39%. The current SPY drawdown is -1.93%.

Rank	ESNT	SPY
#1	-64.70% Nov 27, 2019 - Aug 4, 2023	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-43.52% Jul 20, 2015 - Nov 10, 2016	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-37.27% Jan 23, 2018 - Sep 20, 2019	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-32.32% Feb 18, 2014 - May 8, 2015	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-18.35% Oct 17, 2024 - Aug 22, 2025	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-13.94% Dec 18, 2025 - Mar 20, 2026	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-13.06% Aug 7, 2023 - Dec 21, 2023	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-12.07% Mar 28, 2024 - Jul 15, 2024	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-11.04% Aug 7, 2017 - Oct 13, 2017	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-10.67% Apr 26, 2017 - Jul 7, 2017	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-10.20% Sep 18, 2025 - Dec 15, 2025	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-9.90% Nov 5, 2013 - Dec 20, 2013	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-9.29% Sep 20, 2019 - Oct 21, 2019	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-9.06% Oct 20, 2017 - Nov 16, 2017	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-7.97% Jan 30, 2024 - Mar 20, 2024	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between ESNT and SPY is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (1999 - 2026)

ESNT vs SPY dividend yield comparison.

Year	ESNT	SPY
2026	0.58%	0.24%
2025	1.91%	1.07%
2024	2.06%	1.21%
2023	1.90%	1.40%
2022	2.21%	1.65%
2021	1.54%	1.20%
2020	1.48%	1.52%
2019	0.58%	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%