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FRGE vs SPY

Comparison between Forge Global Holdings, Inc. (FRGE, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed FRGE, delivering a return of +13.3% compared to -21.0%

FRGE vs SPY - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Market Cap / Net Assets
FRGE
$617M
Winner
SPY
$735B
Expense Ratio
FRGE
N/A
SPY
0.09%
Max Drawdown
FRGE
98.69%
Winner
SPY
56.47%
Sharpe Ratio
Winner
FRGE
1.66
SPY
1.62
5Y Beta
Winner
FRGE
0.83
SPY
1.00
Industry
FRGE
Capital Markets
SPY
N/A
P/E Ratio
Winner
FRGE
-9.22
SPY
28.99
Forward P/E
FRGE
N/A
SPY
22.37
5Y Dividends CAGR
FRGE
N/A
SPY
5.43%
5Y EPS CAGR
FRGE
N/A
SPY
26.05%
Debt to Equity
Winner
FRGE
0.00%
SPY
32.40%
Free Cash Flow Yield
FRGE
-6.50%
SPY
N/A
P/S Ratio
FRGE
6.71
Winner
SPY
3.74
P/B Ratio
Winner
FRGE
3.07
SPY
5.61

FRGE vs SPY - Historical Returns

Returns include dividend reinvestment.

1M
FRGE
+0.00%
Winner
SPY
+1.90%
3M
FRGE
+0.00%
Winner
SPY
+8.55%
6M
FRGE
+1.56%
Winner
SPY
+8.18%
1Y
Winner
FRGE
+228.71%
SPY
+25.79%
5Y(CAGR)
FRGE
-20.98%
Winner
SPY
+13.32%
10Y(CAGR)
FRGE
N/A
SPY
+15.19%
Max(CAGR)
FRGE
-20.64%
Winner
SPY
+8.47%

FRGE vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearFRGESPY
2026+1.24%+8.26%
2025+214.46%+18.00%
2024-72.70%+25.59%
2023+100.58%+26.72%
2022-82.54%-18.64%
2021-4.56%+30.52%
2020N/A+17.28%
2019N/A+31.09%
2018N/A-5.24%
2017N/A+20.78%
2016N/A+13.59%
2015N/A+1.31%
2014N/A+14.56%
2013N/A+29.00%
2012N/A+14.17%
2011N/A+0.85%
2010N/A+13.14%
2009N/A+22.67%
2008N/A-36.25%
2007N/A+5.32%
2006N/A+13.85%
2005N/A+5.32%
2004N/A+10.75%
2003N/A+24.18%
2002N/A-22.42%
2001N/A-10.13%
2000N/A-8.84%
1999N/A+8.61%

FRGE vs SPY Drawdown Comparison

The maximum drawdown for FRGE was -98.69%, occurring on Apr 4, 2025. This drawdown has not yet recovered.

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

The current FRGE drawdown is -92.03%. The current SPY drawdown is -2.90%.

RankFRGESPY
#1-98.69%
Mar 30, 2022 - Apr 4, 2025
-55.20%
Oct 9, 2007 - Aug 16, 2012
#2-22.91%
Mar 22, 2022 - Mar 25, 2022
-47.50%
Mar 24, 2000 - Oct 26, 2006
#3-12.51%
Feb 8, 2021 - Mar 22, 2022
-33.70%
Feb 19, 2020 - Aug 10, 2020
#4-2.35%
Feb 3, 2021 - Feb 8, 2021
-24.50%
Jan 3, 2022 - Dec 13, 2023
#5N/A-19.34%
Sep 20, 2018 - Apr 12, 2019
#6N/A-18.76%
Feb 19, 2025 - Jun 26, 2025
#7N/A-13.02%
Jul 20, 2015 - Apr 18, 2016
#8N/A-10.10%
Jan 26, 2018 - Aug 6, 2018
#9N/A-9.44%
Sep 2, 2020 - Nov 11, 2020
#10N/A-9.30%
Jan 19, 2000 - Mar 17, 2000
#11N/A-9.05%
Jul 19, 2007 - Oct 5, 2007
#12N/A-8.88%
Jan 27, 2026 - Apr 14, 2026
#13N/A-8.41%
Jul 16, 2024 - Sep 19, 2024
#14N/A-7.35%
Sep 14, 2012 - Jan 2, 2013
#15N/A-7.27%
Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between FRGE and SPY is -0.39 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.39
-101

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