FORM vs SPY

Comparison between FormFactor Inc (FORM, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceFORM has outperformed SPY, delivering a return of +30.7% compared to +13.3%

FORM vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FORM(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$12B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	92.36%	56.47%
Sharpe Ratio	2.73	2.07
5Y Beta	2.14	1.00
Industry	Semiconductor Equipment & Materials	N/A
P/E Ratio	169.40	28.24
Forward P/E	71.94	21.85
PEG Ratio	6.66	N/A
5Y Dividends CAGR	N/A	5.43%
5Y EPS CAGR	-3.78%	25.79%
Debt to Equity	1.13%	22.35%
Free Cash Flow Yield	0.31%	N/A
P/S Ratio	13.84	3.55
P/B Ratio	10.98	5.29

Market Cap / Net Assets

FORM

$12B

Winner

SPY

$652B

Expense Ratio

FORM

N/A

SPY

0.09%

Max Drawdown

FORM

92.36%

Winner

SPY

56.47%

Sharpe Ratio

Winner

FORM

2.73

SPY

2.07

5Y Beta

FORM

2.14

Winner

SPY

1.00

Industry

FORM

Semiconductor Equipment & Materials

SPY

N/A

P/E Ratio

FORM

169.40

Winner

SPY

28.24

Forward P/E

FORM

71.94

Winner

SPY

21.85

PEG Ratio

FORM

6.66

SPY

N/A

5Y Dividends CAGR

FORM

N/A

SPY

5.43%

5Y EPS CAGR

FORM

-3.78%

Winner

SPY

25.79%

Debt to Equity

Winner

FORM

1.13%

SPY

22.35%

Free Cash Flow Yield

FORM

0.31%

SPY

N/A

P/S Ratio

FORM

13.84

Winner

SPY

3.55

P/B Ratio

FORM

10.98

Winner

SPY

5.29

FORM vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	FORM	SPY
1 month	+25.53%	+9.11%
3 months	+55.85%	+6.59%
6 months	+183.00%	+10.56%
1 year	+393.39%	+32.04%
5 years(CAGR)	+30.74%	+13.35%
10 years(CAGR)	+35.59%	+15.49%
Max(CAGR)	+9.74%	+8.50%

Winner

FORM

+25.53%

SPY

+9.11%

Winner

FORM

+55.85%

SPY

+6.59%

Winner

FORM

+183.00%

SPY

+10.56%

Winner

FORM

+393.39%

SPY

+32.04%

5Y(CAGR)

Winner

FORM

+30.74%

SPY

+13.35%

10Y(CAGR)

Winner

FORM

+35.59%

SPY

+15.49%

Max(CAGR)

Winner

FORM

+9.74%

SPY

+8.50%

FORM vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	FORM	SPY
2026	+149.82%	+8.27%
2025	+26.14%	+18.00%
2024	+9.05%	+25.59%
2023	+90.28%	+26.72%
2022	-52.44%	-18.64%
2021	+7.07%	+30.52%
2020	+62.22%	+17.28%
2019	+84.58%	+31.09%
2018	-14.35%	-5.24%
2017	+37.89%	+20.78%
2016	+30.38%	+13.59%
2015	+8.30%	+1.31%
2014	+43.09%	+14.56%
2013	+27.60%	+29.00%
2012	-10.94%	+14.17%
2011	-42.70%	+0.85%
2010	-59.49%	+13.14%
2009	+45.81%	+22.67%
2008	-55.97%	-36.25%
2007	-13.31%	+5.32%
2006	+50.44%	+13.85%
2005	-8.67%	+5.32%
2004	+41.28%	+10.75%
2003	+12.63%	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

FORM vs SPY Drawdown Comparison

The maximum drawdown for FORM was -92.36%, occurring on Nov 16, 2012. Recovery took 3618 trading sessions.

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

The current FORM drawdown is -4.65%.

Rank	FORM	SPY
#1	-92.36% Aug 30, 2006 - Jan 14, 2021	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-64.42% Apr 5, 2021 - May 2, 2024	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-62.75% Jul 3, 2024 - Jan 5, 2026	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-40.92% Nov 12, 2003 - Dec 2, 2004	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-29.61% Jun 16, 2005 - Jan 19, 2006	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-27.60% Dec 3, 2004 - Jun 16, 2005	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-24.74% Jul 3, 2006 - Aug 30, 2006	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-19.98% Oct 16, 2003 - Nov 12, 2003	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-19.89% Feb 16, 2021 - Apr 5, 2021	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-19.67% Feb 25, 2026 - Mar 25, 2026	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-18.92% Apr 20, 2006 - Jun 30, 2006	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-18.03% Jan 19, 2021 - Feb 12, 2021	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-15.54% Jan 21, 2026 - Feb 5, 2026	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-15.42% Mar 25, 2026 - Apr 8, 2026	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-13.48% Apr 24, 2026 - Apr 28, 2026	-7.27% Sep 18, 2014 - Oct 31, 2014