EXR vs SPY

Comparison between Extra Space Storage Inc (EXR, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed EXR, delivering a return of +13.3% compared to +3.4%

EXR vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EXR(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$30B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	74.76%	56.47%
Sharpe Ratio	0.06	2.07
5Y Beta	0.54	1.00
Industry	Reit - Industrial	N/A
P/E Ratio	32.22	28.24
Forward P/E	31.95	21.85
PEG Ratio	8.79	N/A
Dividend Yield	4.52%	N/A
5Y Dividends CAGR	11.86%	5.43%
5Y EPS CAGR	0.31%	25.79%
Debt to Equity	0.00%	22.35%
Free Cash Flow Yield	6.12%	N/A
P/S Ratio	9.13	3.55
P/B Ratio	2.21	5.29

Market Cap / Net Assets

EXR

$30B

Winner

SPY

$652B

Expense Ratio

EXR

N/A

SPY

0.09%

Max Drawdown

EXR

74.76%

Winner

SPY

56.47%

Sharpe Ratio

EXR

0.06

Winner

SPY

2.07

5Y Beta

Winner

EXR

0.54

SPY

1.00

Industry

EXR

Reit - Industrial

SPY

N/A

P/E Ratio

EXR

32.22

Winner

SPY

28.24

Forward P/E

EXR

31.95

Winner

SPY

21.85

PEG Ratio

EXR

8.79

SPY

N/A

Dividend Yield

EXR

4.52%

SPY

N/A

5Y Dividends CAGR

Winner

EXR

11.86%

SPY

5.43%

5Y EPS CAGR

EXR

0.31%

Winner

SPY

25.79%

Debt to Equity

Winner

EXR

0.00%

SPY

22.35%

Free Cash Flow Yield

EXR

6.12%

SPY

N/A

P/S Ratio

EXR

9.13

Winner

SPY

3.55

P/B Ratio

Winner

EXR

2.21

SPY

5.29

EXR vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	EXR	SPY
1 month	+4.10%	+9.11%
3 months	+3.34%	+6.59%
6 months	+10.23%	+10.56%
1 year	+1.80%	+32.04%
5 years(CAGR)	+3.42%	+13.35%
10 years(CAGR)	+8.39%	+15.49%
Max(CAGR)	+16.61%	+8.50%

EXR

+4.10%

Winner

SPY

+9.11%

EXR

+3.34%

Winner

SPY

+6.59%

EXR

+10.23%

Winner

SPY

+10.56%

EXR

+1.80%

Winner

SPY

+32.04%

5Y(CAGR)

EXR

+3.42%

Winner

SPY

+13.35%

10Y(CAGR)

EXR

+8.39%

Winner

SPY

+15.49%

Max(CAGR)

Winner

EXR

+16.61%

SPY

+8.50%

EXR vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	EXR	SPY
2026	+10.75%	+8.27%
2025	-7.81%	+18.00%
2024	-5.19%	+25.59%
2023	+16.04%	+26.72%
2022	-30.51%	-18.64%
2021	+111.10%	+30.52%
2020	+14.54%	+17.28%
2019	+24.89%	+31.09%
2018	+9.48%	-5.24%
2017	+18.10%	+20.78%
2016	-8.78%	+13.59%
2015	+54.36%	+1.31%
2014	+45.13%	+14.56%
2013	+18.42%	+29.00%
2012	+53.26%	+14.17%
2011	+39.09%	+0.85%
2010	+50.31%	+13.14%
2009	+20.60%	+22.67%
2008	-20.08%	-36.25%
2007	-18.27%	+5.32%
2006	+26.37%	+13.85%
2005	+23.28%	+5.32%
2004	+9.28%	+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%

EXR vs SPY Drawdown Comparison

The maximum drawdown for EXR was -71.14%, occurring on Mar 9, 2009. Recovery took 881 trading sessions.

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

The current EXR drawdown is -24.62%.

Rank	EXR	SPY
#1	-71.14% Mar 19, 2007 - Sep 15, 2010	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-51.37% Dec 31, 2021 - Oct 25, 2023	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-38.02% Sep 4, 2019 - Oct 23, 2020	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-26.38% Jul 13, 2016 - Apr 17, 2018	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-19.60% Jul 22, 2011 - Oct 27, 2011	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-19.48% Jul 20, 2005 - Mar 15, 2006	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-16.20% Oct 25, 2013 - Feb 26, 2014	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-15.39% Jun 26, 2018 - Feb 7, 2019	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-14.07% Mar 29, 2006 - Aug 21, 2006	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-13.97% Jan 6, 2016 - Mar 17, 2016	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-12.74% Sep 3, 2021 - Oct 28, 2021	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-11.02% Aug 17, 2015 - Oct 5, 2015	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-10.33% Nov 5, 2010 - Dec 10, 2010	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-9.89% Oct 23, 2020 - Feb 9, 2021	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-9.82% Feb 7, 2007 - Mar 12, 2007	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between EXR and SPY is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93

-101

Dividend Comparison (1999 - 2026)

EXR vs SPY dividend yield comparison.

Year	EXR	SPY
2026	1.13%	0.24%
2025	4.98%	1.07%
2024	4.33%	1.21%
2023	4.04%	1.40%
2022	4.08%	1.65%
2021	1.98%	1.20%
2020	3.11%	1.52%
2019	3.37%	1.75%
2018	3.71%	2.04%
2017	3.57%	1.80%
2016	3.79%	2.03%
2015	2.54%	2.06%
2014	3.09%	1.87%
2013	3.44%	1.81%
2012	2.34%	2.18%
2011	2.31%	2.05%
2010	2.30%	1.80%
2009	3.29%	1.95%
2008	9.69%	3.02%
2007	6.53%	1.85%
2006	4.98%	1.73%
2005	5.91%	1.73%
2004	2.54%	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%