ESTA vs SPY
Comparison between Establishment Labs Holdings Inc (ESTA, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSPY has outperformed ESTA, delivering a return of +12.4% compared to +3.6%
ESTA vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
ESTA vs SPY - Historical Returns
Returns include dividend reinvestment.
ESTA vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | ESTA | SPY |
|---|---|---|
| 2026 | +32.34% | +8.63% |
| 2025 | +60.95% | +18.00% |
| 2024 | +73.26% | +25.59% |
| 2023 | -58.72% | +26.72% |
| 2022 | -3.88% | -18.64% |
| 2021 | +87.75% | +30.52% |
| 2020 | +35.69% | +17.28% |
| 2019 | -1.21% | +31.09% |
| 2018 | +10.79% | -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% |
ESTA vs SPY Drawdown Comparison
The maximum drawdown for ESTA was -75.42%, occurring on Nov 10, 2023. Recovery took 1250 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current ESTA drawdown is -4.76%. The current SPY drawdown is -2.57%.
| Rank | ESTA | SPY |
|---|---|---|
| #1 | -75.42% Jul 1, 2021 - Jun 25, 2026 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -73.91% Jan 9, 2020 - Dec 4, 2020 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -38.73% Mar 20, 2019 - Jan 3, 2020 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -25.35% Sep 4, 2018 - Mar 20, 2019 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -23.33% Feb 23, 2021 - Apr 23, 2021 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -13.68% Apr 27, 2021 - May 24, 2021 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -8.56% Jul 23, 2018 - Aug 13, 2018 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -8.19% Aug 13, 2018 - Aug 30, 2018 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -6.74% Jan 19, 2021 - Jan 22, 2021 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -6.40% May 28, 2021 - Jun 16, 2021 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -6.29% Jan 25, 2021 - Feb 4, 2021 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -5.43% Jul 6, 2026 - Jul 16, 2026 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -4.76% Jul 21, 2026 - Jul 23, 2026 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -4.36% Dec 31, 2020 - Jan 6, 2021 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -4.19% Jun 17, 2021 - Jun 23, 2021 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between ESTA and SPY is 0.52 which considered as a moderate positive correlation - the stocks show some tendency to move together.
Select Stocks to Compare
More Comparisons
Compare with similar stocks